Getting paranoid about crypto, traded almost everything for a pile of gold and silver. Is it all going to fall apart or go to the moon? Have my paper hands betrayed me? I feel like eating crayons and buying GME, nothing makes sense out there. Except I know it has to crash eventually, right? - The Great Awakening

Getting paranoid about crypto, traded almost everything for a pile of gold and silver. Is it all going to fall apart or go to the moon? Have my paper hands betrayed me? I feel like eating crayons and buying GME, nothing makes sense out there. Except I know it has to crash eventually, right? (media.greatawakening.win)

posted 3 years ago by jager 3 years ago by jager +76 / -1

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– dabdaddy -2 points 3 years ago +1 / -3

https://charts.woobull.com/bitcoin-vs-gold/

$1 Invested in Bitcoin vs Gold over 11.4 years Bitcoin:$62,117,000.00 | Gold:$1.68

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– Hiromant 1 point 3 years ago +1 / -0

Bitcoin is tulip mania.

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– dabdaddy -1 points 3 years ago +1 / -2

That's not how the burden of proof works.

If one claims that Bitcoin is a modern tulip mania, then the burden of proof is on them to demonstrate their claim to be true.

If one claims that Bitcoin is a bubble, then the burden of proof is on them to demonstrate their claim to be true.

It's no one's responsibility to demonstrate that Bitcoin is not a modern tulip mania or not a bubble, unless they make such a claim.

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– dabdaddy -1 points 3 years ago +1 / -2

Ignorance really is bliss huh?

Bubbles do not typically burst and then come back (with exponential strength at that). Tulip bulb prices crashed once and it was over.

Tulips are not scarce. People can plant tulips and collect bulbs all they want. Bitcoin is inherently scarce. 21 million bitcoins - and only 21 million - can ever be made. That’s it.

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