Post
Topic
Board Economics
Re: Bitcoin or Gold? What would you pick?
by
Amph
on 07/07/2015, 07:54:02 UTC

the future of gold is even more uncertain than bitcoin, there is nothing that tell us that it will skyrocket, it look more and more like a dead market that will fluctuate between its last ath and current range...

Are you serious? Gold has been a stable market for 6,000 years, as opposed to Bitcoins stability for the past what - 6 months? Saying Bitcoin is more stable than gold is ludicrous. Like Bitcoin, gold is rare by nature, and in no way is it dying. As far as the future markets, I am almost 100% certain that Bitcoin is much more likely to lose all value than gold. I obviously don't think Bitcoin is going to die, and there are no signs pointing towards its demise, but it's simply not as stable as gold.

never said that it is more stable than gold, apparently you can not read well, i'm only saying that gold is going no where and its great stability is proving it

bitcoin on the other hand has a much greater chance to rise

My apologies for misenterpreting "uncertain" as "instable". Either way, your certainty that gold is going to remain stagnant counters your idea that the future of gold is "uncertain".

actually no, stable was referred to its current state, while uncertain was referring to a distant future, because more gold can be produced(in lab not with a good efficiency now but maybe in the future) or discovered

uncertain and stable are not mutually exclusive, something can remain stable for so long and then disappear or be ignored because something better come out....