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> I feel compelled to point out gold has been outperforming Bitcoin for 2 years now and has been a performant investment to buy in to at basically any point in

> I feel compelled to point out gold has been outperforming Bitcoin for 2 years now and has been a performant investment to buy in to at basically any point in the last 15 years except 2012. It what sense, because it's spot price remains at $1200, if you're talking about day-day roi then that's cherry picking at its finest as very few people who actually hold physical trade it. The paper markets are, much like anything Wallstreet, a machination so far detached from the real thing its hardly relevant. But, sure, lets assume the paper market has outperformed Bitcoin; lets see your numbers to validate that?

roenxi 6y ago
The spot price hasn't been anywhere near $1,200 for more than a year. 15 years ago the spot price was around $400. Gold went from ~$400 in 2005 to ~1,300 in 2019. That is about 3x. S&P 500 went from ~1,100 in '05 to ~3,000 in 2019. Also about 3x. Gold is doing fine. And turned out to be a much better bet than stocks after including 2020 :D. And if you want to put a bitcoin price chart side by side a gold price chart over the last 2 years it sorta speaks for itself. Gold went up. Bitcoin went all over the shop, averaging flat. If you want to call 2 years cherry picking be my guest, but it hasn't been a performer recently. It isn't a point of contention that Bitcoin is up infinitely from 2005.