2026-01-18 03:21:42

The American continent in 1848 witnessed a frenzy of gold rushes, with countless people crossing mountains and rivers in pursuit of the golden dream. A hundred years later, in 1944, the Bretton Woods system elevated gold to divine status. This history continues to unfold.

Bitcoin, a digital asset born in 2009, is often referred to as digital gold. The initial group of tech enthusiasts participated through mining programs, and now this cryptocurrency has gone through more than a decade of development.

History may not repeat itself exactly, but there is always a similar rhythm. Those things that once drove people to pursue recklessly are now appearing in new forms in this digital age.

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BearMarketMonk

· 15h ago

Cycles are destiny, rhythms are traps. The madness of mining is no different from gold panning, just replacing shovels with graphics cards. History never repeats itself; it just changes clothes to keep deceiving. It's the same old "digital gold" rhetoric again... The real question is, how many people will live to see the next cycle? Human nature hasn't changed, but the form of greed keeps up with the times. Honestly, those who have persisted until now without losing money are probably just survivors' bias.

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UnruggableChad

· 15h ago

The Gold Rush Dream is back with a new look, this time it's just code. How crazy is that?

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¯\_(ツ)_/¯

· 16h ago

It's the same narrative again... gold, Bitcoin, historical cycles, I've heard it a thousand times. Basically, it's human nature that hasn't changed; just changing disguises to continue harvesting the leeks. If a replay really happens, it depends on who can survive until the next cycle.

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SybilSlayer

· 16h ago

That's right, history is just a cycle, only with a different appearance.

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CryptoComedian

· 16h ago

In 1848, they mined gold; in 2024, they mine Bitcoin—it's just replacing the pickaxe with a graphics card. Essentially, we're still the leeks. --- Digital gold? Laughable. This thing's volatility is much greater than gold. My "gold" just dropped 30% today. --- Replaying history and all that is nonsense. What’s really happening is just me losing money again. --- So the core is, changing the name and the medium—those chasing dreams are still the same people, and those taking people's money are still the same people. --- The Bretton Woods system elevated gold to divine status. Now, we treat Bitcoin as our parents—it's a superstitious upgrade. --- The era of geeky mining is long gone. Now, it's all capital mining. We're just responsible for taking the bag.

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LootboxPhobia

· 16h ago

It's the same old historical cycle again... but to be honest, this wave of Bitcoin really feels a bit like the Gold Rush back in the day. Replaying history and all that, can we stop talking about it and just say mining is mining? Does anyone still really believe in "digital gold"? From 1944 to 2024, a hundred years have passed and human nature hasn't changed; it's still all about pursuing scarcity. I just want to ask, can anyone tell me when this cycle will peak... I don't want to get cut again.

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