It's started... #DropGold

Fuck boomers and fuck their stupid rocks

i'd argue they're going downhill tho, as boomers die off

99.5% of boomers don't even buy precious metals. They buy brand new cars that lose 50% of their value in the first few years. They also seem to really like worthless trinkets and house decorations.

Oh no, rocks are done for now

Then why are China/Russia/India furiously stocking up on it?

wtf no I went all in on asteroid gold exploitation

I think that was sarcasm. Gold isn’t going anywhere and asteroid mining remains the “fly your car to work in the year 2000” meme of the 20teens

given their track record of economic success so far compared to the west i would say gold is done for.

because the world is still run by boomers and they are hoarding because people always trusted gold, now there is a much better gold in town and is the millenials choice of trust.

it's alright yellow rocks will be gold for people that can't afford bitcoin.

Advisory board of DCG: lawrence h. summers
>tfw you realize bitcoin was invented by the nsa to counter china and russia gold accumulation. by creating a new digital gold they will render gold worthless.

That actually makes a lot of sense.
I really doubt an anonymous man holding 1M bitcoins will have the balls to hold them at fucking 20k each. The creators of bitcoin are a very organized group with a long term strategy.

or he's dead or lost the keys, but no it's gotta be the NSA thing

i have balls of steel

Because they can print the money they buy Gold with, so the effective cost is $0. You'd buy Gold for $0 wouldn't you?

can confirm, I've felt them

>I really doubt an anonymous man holding 1M bitcoins will have the balls to hold them at fucking 20k each
yeah its crazy.. almost like if they were locked up somehow for a time. perhaps in a legal trust or a multi sig wallet wallet or something

>for a time
until Dave died
>a multi sig wallet wallet
... which didn't exist until years after the alleged locking

You can tell the Satoshi coins are not timelocked or multisigged though, the transaction is too short.

>Print money
>Buy crypto

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so he doesn't have to compensate with big blocks, makes sense

there is a reason why the dollar isn't bound to gold anymore, why in hell would the NSA want to counter that.
> but i didnt say that
no you didnt but that will be the result in the end.

no it's not the result in the end. central banks hold gold. Now they will also hold bitcoin

for what reason?

There is no battle you idiots. BTC is digital gold as long as we have electricity then you use real gold if society collapses to preserve your wealth. They both have a key role and if you don’t own both you’re dumb

>I can only own one thing
Cringe

>perhaps in a legal trust or a multi sig wallet wallet or something
fucking retard lol

>as long as we have electricity
spotted the absolute fucking goldbug prepping low IQ retard. the whole world will never ran out of electricity all at once. also in case of war your wealth is more secured on a blockchain. my grandparents had to flee ww2 and they couldn't take their gold/silver/material possessions with them. if they could store their wealth into bitcoin they wouldnt have lost everything by fleeing the country.

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Yes please, crash the price so I can be more gold

the addresses starting with 1 is also a big tell of simple P2PKH

and before they fled they hid their precious metals below a tree somewhere but guess what. when they came back years later they couldnt find it.
>muh secure physical asset

and this is your useless gold in a real case of chaos in venezuela:
twitter.com/santisiri/status/1044728690700095488

because NSA has 1million+ unlike china which has only gold.

>thinks bitcoin will do well in a time of war and chaos

Holy fuck you’re retarded. Btc is a speculative asset with 10 years of reliability. Gold has 5000+ years of history you dumb shit it’s not even comparable

Lmao idiot basedboys buying into a literal pyramid scheme

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Okay ? It’s easier to smuggle into other countries. Still doesn’t mean gold is worthless and doesn’t have its role. It’s not venezuela everywhere. There’s lots of countries including Venezuela where they aren’t leaving and can bury it in a secure location

bitcoin can be used as a far more reliable store of value than gold. You can sent it anywhere, it is easily portable and you might not even have to physically own anything (you can just remember your key and that's it).

Bitcoin is not a pyramid scheme. Its magic internet money.

>bitcoin can be used as a far more reliable store of value than gold.
Why are you so trusting of crypto? What guarantees that someone won't just find a way to make your magic internet bits vanish or that it will retain any value under a harsh international economic meltdown?

Gold at least is something physical that some rich faggot might still want to hoard to make jewelry or for industrial use. Bitcoin is, like, nothing. It's numbers on a screen.

Literally who? Random FUD about gold that smells kiked as fuck

>Oy vey it's time to sell all your gold goyim, you can store your value on our blockstream controlled internet coin

This article is so fucking bullish for gold

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>to the people
By that he obviously means the central government. I doubt he'll redistribute it among "the people" when there isn't even enough for that.

>He fell for the store of value meme

OH NO NO NO

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Salvini's government does represent the people, central bank kikes BTFO

You do realize we're siphoning money via crypto from retard peak-buying normies to gather more metals without having to work for it?

>silvini's government
The State itself represents its own interests, the interests of the beurocrats that compose it. Considering how corrupt they are I wouldn't dount most of this gold ends up in foreign banks.

Even if you like Salvini you should be aware that governments are transient and eventually some other government you don't like will take over. Democracy is retarded.

I checked the charts, LTC especially is going to almost double in the next couple of days. It's free money man, I'm planning to get another 500 ounces from this trade.

how does it feel bagholding silver which is constantly losing value?

SLV is not silver though

>bbbut bitcoin has superior physical properties

Fucking Kek

Bitcoin is inherently better than Gold on all fronts and it's impossible to prove me wrong. Good luck if you try.

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Gold actually exists.

You can literally send someone hundreds of millions worth of their local currency in under an hour for almost no cost. No need to verify if they're real coins, no need to pay extra for security and transportation, no need for obvious storage.

But can I take said cryptocuckery build the winding for a faulty angle of attack sensor and kill hundreds of niggers? Like cool story bro I wan't to be a globalist er I mean (((libertarian)))

Hopefully

Do you live under a rock? lmao

Can you take a fist full of imaginary angry pixies and punch someone in the face you fuckhead? Nothing is impossible.

nobody calls it the crypto bull faggots it's a GOLDEN BULL. Fuck.

What do you think will cause BTC to unironically go to $1MM? Not organic price action, but governments desperately trying to get a piece of the pie before it's too late.

How does that make BTC a "store of value"? It's a fucking ponzi LOL

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t. avid pyramid scheme investor

Lol fags
Implying you can't hold both
Anyone holding bitcoin better hope people don't #dropgold as the two better be correlated come the next recession otherwise bitcoin is gonna drop like the speculative investment it is.

I don't truthfully think that will happen, as both BTC and gold pumped around the time of the 2011 gold bubble, but retards shunning the shiny metal with 1000s of years of historical precedent that isn't even made here on Earth will be boned if their 10 year old magic internet money turns out to not be a hedge against the broader economy

multiplier of value
>but muh bear market
late adopter cope

Keep buying BTC to store your value LMAO please just go all in with all your savings, your value will be stored, I promise

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This would be a better message if it didn't come from the #1 ETC/ZEC bagholder

It was written

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Holy shit, imagine being this dumb. Whenever I see a post like this I am reminded how lucky I am for not being a literal 80 IQ retard.

I like how many variations there are of this screencap

Let me break this down to you with a simple fact:
highly intelligent, rich people don't keep their accumulated wealth safe from an eventual financial crisis by investing in either gold or crypto. Both are idiotic investments that are only marginally better than, say, real state.

pls sir tell me how the reptile store value? is it DNA?!?!

>MUH SILVER WILL MAKE ME RICH
*blocks your path*

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Drop link sirs

no barry no

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GBTC hit $1900 when BTC hit $19,000 didn't it? Then the 91:1 forward split. I missed all of it.

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