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andrekhosasih
Aug 29, 2019 5:33 AM

Chart Pattern Showing the Bullish Trend Long

BTCUSD/XAUUSDBitstamp

Description

Bullish Trend is coming.
Comments
livy_channel
Kurang tepat apabila mengkomparasikan kedua aset ini. Justru ide Anda yang fokus pada BTCUSD akan lebih benar jika dibandingkan ini. Namun, tanpa ide-ide Anda sebelumnya, ide ini tidak akan terjadi karena pergerakan Bitcoin akan lebih besar volatilitasnya dibanding emas.
NemoTrader
Like I said, this ends with heavy bags and zero demand, it aint what you don't know that gets you in trouble it's what you know for sure that just aint so"

Not a store of value
Not decentralized
Not Immutable
Yazan-analysis
threevozer
The ideal answer is XAU & BTC is collaboration vs USD. Same assets. I see the same chart between BTCUSD & XAUUSD.
ccixvip
@threevozer, I know, this is just an idea.
NemoTrader
@threevozer, How can they be the same asset when they have much different properties and much different aspects of supply and demand.
NemoTrader
@NemoTrader, Let alone the fact that bitcoiners say its trustless and decentralized yet, once a gold miner extracts the gold from the ground the utility from the gold can used forever without a obligation of a miner in the past or future to anything, while a bitcon if I mine it, in order to do anything with it, I need a miner to expend resources just to push forward the existence of a already mined bitcon.
NemoTrader
@NemoTrader, nothing alike just a fools gold, you guys will finally understand bitcoin and gold when you have zero demand to sell your bags into, it's a sad truth that you will face sooner or later.
The_Mummy
@NemoTrader, this would be a fair comparison if a bitcoin weighed 10 ounces, but as it’s a digital asset and can be transferred to anyone in the world almost instantly then obviously that requires a network structure to facilitate it.
NemoTrader
@The_Mummy, it is a digital fiat
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