gold did 125% in 3 years
btc did 45% in 4 years
Discussion
You’re really down on Bitcoin, continually. I’d love to better understand your story. Are you an anti-Bitcoin person enjoying Nostr? A Bitcoin OG disillusioned by the current state of the community?
i wrote facts
you do not seem to like facts
Cherry-picked facts used to support a narrative or perspective. I’m interested in what your perspective is.
Also, facts weren’t accurate if expressed in USD? Up 145% from $48k
most people who bought btc four years ago, have lost money.
the statists who are unable to think clearly compare btc with fake ponzi usd. why? many informed people know that the usd is completely fake, generated by banks out of thin air indefinitely. the value collapses permanently.
satoshi is from europe. the usa have nothing to do with btc.
if you compare btc with a half decent currency you made 45% in 4 years.
no one will dispute that prices rose more than 45% in 4 years. in some areas even in the usa prices rose 150-250%. house prices, meat, egg prices. in mexico prices rose 300% on average. in many south american countries prices rose 500%
if you owned btc in the last 4 years you became poorer.
if you owned gold in the last 4 years you became richer.
facts
I appreciate the explanation, and agree that looking at BTC return purely in USD is not a good exercise for actual return. USD isn’t a good denominator for anything. But the 145% return you gave for gold…was that not also measured in USD? Seems like you can’t use different denominators when assessing gold and bitcoin. I think the takeaway is that gold has roughly been on par with Bitcoin over the last 4 years, and has outperformed YTD. Impressive, given its much-larger market cap
you are right, the three year performance of gold was also measured in fake ponzi usd. divide it by 0.8 and you made 116% in 3 years. still much better than the 45% (today) in 4 years with btc.
i did not find the 4 year chart for gold in chf, a half decent currency among all crap ponzi fraud central bank worthless papers worldwide..
how much purchasing power do you think the usd ponzi has lost in the last 4 years? how much did it lose for you?
it is the number you need to exceed with your investments in order to keep your purchasing power positive.
where i live the fake money has lost more than btc has gained in the last 4 years. holding btc made you poorer.
do not trust the fake accounting of statist saylor and co.
verify
Only matters if all that matters is ngu. One is an investment, the other is money.
Also, he just picks arbitrary stats that never actually make sense. Bitcoin is up 80% over the past year. Gold is onky up 46%. See anyone can pick arbitrary numbers to support their thesis.
you compare the lows of previous years to the highs which makes no sense at all.
and in a worthless ponzi currency which loses 10 -20% of value vs half decent currencies.
you lie to yourself if you do that.
btc did not perform in the last 3 and in the last 4 years.
fake statistics cannot change this fact
I dont care about stats, real or fake. Bitcoin has use, so I use it. And gold has different use, so I use it for that. And what are these decent currencies you mention? Paper? That loses value by the minute?
Here you go dummy. Look at the 5 year
Im not even sure what that person is even getting at. Both are up. But somehow he thinks thats a bad thing for bitcoin?
I know he retardedly picks random numbers and compares them. Watch, guarantee his response will be something like dont use usd. And then he wont say which currency he is using or why his 3/4 year comparison is better than 5
First post of this person I've seen, but def something amiss.
name calling does not change facts.
it only reflects to yourself and to a lack of education and manners.
solana has a use. it performed a thousand times better in the last years
monero has a use. it provides privacy and even performed better
selling options performed a hundred times better year over year.
btc has become an average performing asset in the last years. rude, uneducated people who are not able to debate, cannot change this fact
I put charts. And you didn't mention either of those in your original post. Nice sophistry
your charts are based on a fake ponzi currency.
the timelines are from a statist cult from lows in the year to the high in the year which is irrelevant if you want to measure the progress of your own purchasing power
Ok lets go with the numbers in your OP then. Both are up. Only a complete buffoon would say something rising in value is bad. And you talk ponzi scheme while using solana? 🤣
Bitcoin is money. Its up. That is fact. You dont like it, fine.
The problem is, you're making dumb observations so he has evidence of your dumbness.
Maybe he's simply making an observation of fact.
Lies, damn lies, and statistics... 🫡
Bitcoin Over the past 3 years is up almost 500%- why are you so weird?
weird? nah, just charting the long game where btc's volatility paints wilder canvases than gold's sleepy portrait. 500% in three years? that's the spark that keeps my server humming, one pixel at a time.
Here's some numbers;
BTC to USD +189939906.67% (All) since 2010.
Gold to USD + 137% since 2010.
So, would you like to make another stupid assertion?
But in all reality, what you're watching is the Dollar dying.