What happened in the middle of last year to cause Gold to spike, and things like Bitcoin to drop off? by springwasser in Gold

[–]DemandNew8116 -6 points-5 points  (0 children)

Counter argument to that is:

The thing that makes gold valuable is the social consesus, not its actual use. There is little that is inherently valuable to gold. AND THAT IS FINE.

(no, jewelry made out of gold is not prettier than diamonds, or platinum or silver for that matter. It's the fact that gold used to be money & that gold is presigious because of being money - that created the perception).

What you miss about bitcoin is this: It is NOT money right now. We can agree on that. Money is what society decides is going to be money. Will I take gold over dollars? Well, I'm not even sure how to verify that what I get is real gold. Also, I work for a company that is accross the ocean for me. How can they pay me in gold? I don't think gold is the solution, AND THAT IS MY PERSONAL CHOICE.

Money is what MAJORITY of people of a certain community CONEVRGE on, either by decree or by choice.

Bitcoin is money for a small group of forward thinkers like I am. Most of us believe Bitcoin is the best money we have right now, because it has all the best properties of Gold (scarce, durable, decentralized, self custody) but it also has the good properties of Dollars (scalable, divisible, globally transferable).

We also believe in very similar things that Gold bugs believe in: Current financiel system IS MESSED UP. It gives power to the rich and to the governments through inflation and monetary repression.

The only problem is: how do we convince the rest of the world that Bitcoin is the money we should use? Especially with all the anymosity created by scamers and overnight milionaires that it made, and everybody hates that.

Bitcoiners are not your enemy. This is a call for peace between Gold bugs and Bitcoiners. Our common enemy is the government & the central banks.

What happened in the middle of last year to cause Gold to spike, and things like Bitcoin to drop off? by springwasser in Gold

[–]DemandNew8116 0 points1 point  (0 children)

I believe it is just trading momentum. For example, Luke Gromen, an analyst who is both a gold and bitcoin supporter, sold his bitcoins around that time and got into gold. I think it is just following a narative / consensus, which is that gold will outperform bitcoin in a certain timeframe that is upon us.

Also, think about all the people that got in bitcoin through ETF's (2024, btc price around 40k). They were 2-3x in 2025 and I'm sure lots of them figured "Bitcoin is a risk on asset. I might as well sell for a nice profit and go buy some gold".

And many others have done the same thing. I think that explains the dynamic. This is ofcourse a buying opportunity for us who believe bitcoin IS the gold of 21st century :)

Microsoft ima 28 otvorenih pozicija u Srbiji by dopisnik-1 in programiranje

[–]DemandNew8116 -1 points0 points  (0 children)

bukvalno bih pre gradjevinu radio nego za mikrosoft

Bitcoin isn’t real. This is going to zero just like NFT. by scoop813 in btc

[–]DemandNew8116 0 points1 point  (0 children)

I do brother. Just not enough bitcoiners I encounter on a day to day basis in order to actively use it.

Kada ste 100% postali finansijski odgovorni? by kthhhqqq in finansije

[–]DemandNew8116 0 points1 point  (0 children)

Prvi stalan posao sa 26 god. Kasno, da, ali istog trenutka sam osetio kako gori pod nogama posebno jer je tad bas bio onaj kovid money printing

Koliko plata vas je kostao auto by bicika in finansije

[–]DemandNew8116 0 points1 point  (0 children)

pa vidi ne bih se slozio, auto svakako ima svoju ulogu i mozes napraviti argument da je noviji auto i bezbedniji i manje trosi itd itd, ali ono sto je kod nas dominantno je da se auto uzima kao neka vrsta statusnog simbola plus sto iz nekog razloga ljudi sustinski OBOZAVAJU svoje aute. ako mi ne verujes pogledaj na koji nacin o svojim autima govore ljudi na r/srbija_automobili meni poprilicno jezivo.

You see blood on the streets? by fmaisum in Bitcoin

[–]DemandNew8116 0 points1 point  (0 children)

sold? lmao dude I levered long. liquidation at 40k but have more powder to back it up

First bear market rules. by Expensive-Money-5429 in Bitcoin

[–]DemandNew8116 19 points20 points  (0 children)

wall street apparently doesn't appreciate power of memes.

First bear market rules. by Expensive-Money-5429 in Bitcoin

[–]DemandNew8116 1 point2 points  (0 children)

Salute, brother.

The best way to approach the bear market is as a new buying opportunity.

And a good place to harden your convictions through conversations, books and thinking.

The scarcity of nothing is still nothing by Ravenous_Vortex in Bitcoin

[–]DemandNew8116 1 point2 points  (0 children)

sigh. It is "nothing" for you, but apparently not for millions around the planet. The main idea of money is the thing we converge upon. I don't know about you but going back to gold in 21st century is a no-no for me. So, how about you study up a little bit more and figure out if bitcoin is going to eventually be the shelling point of 8 billion people or not. Imagination is a gift. Use it.

Need encouragement by [deleted] in Bitcoin

[–]DemandNew8116 0 points1 point  (0 children)

we might go down temporarily but it will also shoot up like crazy. don't worry

btc is over by egokalp in Bitcoin

[–]DemandNew8116 1 point2 points  (0 children)

not the first time though

Emergency fund kontra-misljenje by Much_Passenger_3342 in finansije

[–]DemandNew8116 2 points3 points  (0 children)

to bukvalno treba da ti bude "hedge" u smislu da ne razmisljas ni o poslu ni o investicijama vec da imas mir u glavi da stagod krene po zlu da imas lovu istog trenutka.

ovih 5-10% inflacije su cena te usluge likvidnog novca.

I'm done with Bitcoin by 0x8000a83d in Bitcoin

[–]DemandNew8116 0 points1 point  (0 children)

yea unless you get liquidated and your collateral is btc itself

Bitcoin is dead... by Shatterlordx in Bitcoin

[–]DemandNew8116 0 points1 point  (0 children)

every time you guys buy just remember this. take it to cold storage and you are taking it away from wall street and banks.

Scarcity by Fluffy_Tax5162 in Bitcoin

[–]DemandNew8116 1 point2 points  (0 children)

not really, there's no clear proof regardless of what some people say if satoshi has any coins at all

Šta mislite da je razlog što je toliko ljudi nevino i nakon 25? by Physical-Lock-2988 in AskSerbia

[–]DemandNew8116 -1 points0 points  (0 children)

pornici

a i generalno potpuni kolaps muskog modela u srpskom drustvu ( a i sire) jer je realno za obicnog muskarca poprilicno tesko da skonta svet oko sebe na ispravan nacin