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To sum up the above it compares if you invest $1 in Bitcoin when it first came out and $1 in gold. What your value would be worth on Oct 5th, 2023?

In Bitcoin it would be 26.8 million while in gold it would be worth $1.81.

Today Nov 7th Bitcoin would be 38.5 million. While gold would be $1.94. You can see it in the link at the top of the chart.

1 posted on 11/07/2023 6:12:21 AM PST by Enlightened1
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To: Enlightened1

What happens to Bitcoin when the first EMP goes off?...........................


2 posted on 11/07/2023 6:15:12 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Enlightened1

What happens to Bitcoin when the first EMP goes off?...........................


3 posted on 11/07/2023 6:15:12 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Enlightened1

Yeah, but bitcoin can disappear tomorrow. Nobody knows the real reason it was created, regardless of the reason they tell us for its creation.


4 posted on 11/07/2023 6:15:16 AM PST by Jonty30 (It turns out that I did not buy my cell phone for all the calls I might be missing at home.)
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To: Enlightened1

The government could shut down or over regulate Bitcoin any time it wants. Thanks but I’ll stick with gold & silver which I consider the safer bet.


5 posted on 11/07/2023 6:16:08 AM PST by jimwatx
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To: Enlightened1

“In Bitcoin it would be 26.8 million while in gold it would be worth $1.81.”

Assuming you didn’t lose your Bitcoin when Mt Gox was hacked.


6 posted on 11/07/2023 6:16:08 AM PST by JSM_Liberty
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To: Enlightened1

SBF is so proud.

/s


7 posted on 11/07/2023 6:16:50 AM PST by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: Enlightened1

Internet turned off: Bitcoin $0. Gold $1.91


8 posted on 11/07/2023 6:16:57 AM PST by SubMareener (Save us from Quarterly Freepathons! Become a MONTHLY DONOR)
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To: Enlightened1

I bought my first bitcoins in May 2013. For $88.

I still have the first ones I bought. People will debate if they are an “investment” or even real. I am not going to argue with anyone about that.

What I do know is that I am debt free with a new truck. All because of this “imaginary” investment.


9 posted on 11/07/2023 6:18:20 AM PST by Vermont Lt (Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
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To: Enlightened1

Right sure. Let me know when someone actually tries to cash out


10 posted on 11/07/2023 6:18:31 AM PST by Nifster ( I see puppy dogs in the clouds )
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To: Enlightened1

Bitcoin just released its first “physical” version of the coin. It’s selling at auction. Ironic. Isn’t it?


12 posted on 11/07/2023 6:19:46 AM PST by lucky american (Progressives are attacking our rights and y'all will sit there and take it.)
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To: Enlightened1

one overarching reality needs to be considered here...when the SHTF, can digital money be as easily traded as hard currency? only you can decide that. no one in their right mind is going to trade bullets or blue jeans for bitcoin.


25 posted on 11/07/2023 6:25:39 AM PST by Qwapisking ("IF the Second goes first the First goes second" L.Star )
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To: Enlightened1

Bitcoin is only one or two convictions away from being worth $5 each.


30 posted on 11/07/2023 6:29:02 AM PST by Gay State Conservative (Two Words: Banana Republic)
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To: Enlightened1
Dan Pena on BTC...

Bitcoin - in a microSecond

34 posted on 11/07/2023 6:32:37 AM PST by C210N (Mundus vult decipi, ergo decipiatur.)
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To: Enlightened1

Meaningless comparison. Gold is a store of value, it isn’t an investment or a growth asset and isn’t meant to be. You might as well compare buying bitcoin to buying seeds.

Even setting that aside, sure, if you were lucky enough to buy bitcoin (as opposed to all the other snake-oil crap you could have bought) then you would have made a lot of money. Any valuable asset looks smart in hindsight.


35 posted on 11/07/2023 6:33:38 AM PST by fluffy
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To: Enlightened1

I got out of crypto when the IRS started treating it as a security. I did not take much of a hit after that because the price had started leveling out.

Lead is my primary investment, except for my 401(k). I did pretty well in crypto, but there are probably so many back doors and trackers that the value of crypto as an anonymous electronic money is an illusion.


39 posted on 11/07/2023 6:42:41 AM PST by refreshed (But we preach Christ crucified... 1 Corinthians 1:23)
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To: Enlightened1

This means nothing.

How much gold? Spot price is $1963/oz.


42 posted on 11/07/2023 6:46:19 AM PST by sauropod (The obedient always think of themselves as virtuous rather than cowardly.)
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To: Enlightened1

Talk to the “investors” that Bankmann-Fried STOLE all their accounts from. His firm went bankrupt less than a year ago— and the little soyboy “swinger” a@@hole Convicted on all counts in less than a year by the demonrat DOJ. Why? Because this criminal brat and his parents fleeced investors of their money— based on nothing, and, as SUCH are the biggest liability of the Leftist Demoncrat Party. That’s why the swift justice for this thief and all his “investors”.
Shovel it under the rug— this was a Ponzi scheme “invested” in by fools in bitcoin. Who lost all— ALL of their investment. Only 1 of the 9 democrats on the digital investment committee has returned their bankmann “donations” bribery. Beto O’Rourke kept 100k of his 1 million! Scum, all of them. And now they will lord over the regs.

Schiff pushed this stuff because, unlike the guy who escaped working with f’ing George Soros, the gold manipulation of the fedreserve kept gold anemic vs actual backing value,1,94 is boring but gold backed . The fed using petrodollars (dependent on price, which JoeBama f’d up and gave a bonanza to Iran and Russia- moron that he is because he and all demonrats and rinos were supported by this bitcoin scam).

Buy farmland and become a producer. Produce something, since until MAGA comes to be, the greatest manufacturing country in the world is still licking up the urine of Communist China and slave labor express—China is bankrupt in reality, ripping off idiots on wall street with their empty buildings and empty potemkin cities. Chi-coms taking over our land— that is what needs to be stopped. This is who, and why— Trump and the last vestiges of a Constitutional Republic and rule of law is being destroyed.

A hilarious chart- so everyone who put 1 is worth 26.8 million— everyone posting here yip yip are near what-100 mill?
Right.
The cash out has to be stored somewhere-and the cash controlled by the fed, chartered to Congress. obama signed another f’n 100 years of this fed in Dec. 2013.


50 posted on 11/07/2023 7:04:48 AM PST by John S Mosby (Sic Semper Tyrannis )
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To: Enlightened1

Bitcoin is gonna make WeWork look like a wonderful investment soon enough.

Invest in tulip bulbs—at least you can smell and touch them when the power goes out....


76 posted on 11/07/2023 8:29:59 AM PST by cgbg ("Creative minds have always been known to survive any kind of bad training." Anna Freud.)
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To: Enlightened1
In Bitcoin it would be 26.8 million while in gold it would be worth $1.81.

Unless you lose your password; or your heirs are locked out of your computer and password manager....

78 posted on 11/07/2023 4:11:25 PM PST by Albion Wilde (Either ‘the Deep State destroys America, or we destroy the Deep State.’ --Donald Trump)
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