"Bitcoin is "no longer digital gold," Deutsche Bank strategist Marion Laboure says. "Gold outperformed by 65% in 2025. Bitcoin declined by 6.5%.".....
Yeah, but it can still be digital fools gold!
It is and always has been a game of musical chairs, and many of the big boys are already sitting nice and comfy after cashing out.
For as many people that were selling at $120k there were buyers willing to take it. I sold a whole bunch of silver at $110, now I’m going to patiently wait until I think its ready to buy again. On a side note, selling precious metals to a customer who was glad to take it, then watching it drop like a rock a few days later, maybe wasn’t my best idea for my business though...
Bitcoins, tulips and Beanie Babies. Their only value is the belief that the next rube will pay more for them than you did.
I was puzzled why Bitcoin took off during Biden’s inflation and my gold stagnated. Looks like investors came to their senses and returned to real value and make me a boatload of money.
I love people who pick a time frame (last six months, twelve months) and then make general statements about the future.
I understand that the crypto world is rife with perception issues. But for DB to come out and say silly things is amazing. DB is not in a great financial position and bankers (especially investment bankers) will never support a new process that effectively puts them out of business.
As with any financial advice, people need to do their own investigations and consider the position of the people giving the advice.
Imagine DBs balance sheet if people actually starting moving value without including them and their greedy little sticky fingers in every transaction.
Still worth NOTHING!
Bitcoin was a pyramid scheme and it suckered a lot of dumb people, and others just took advantage of the rise.
But it always was tulips.
Shitcoin bump
Bitcoin has always been just another form of fiat money. I’m surprised that it has been as successful as it has ben. Definitely out performed my expectations.
In reality, Bitcoin is like Monopoly money, it’s not real money.