Post
Topic
Board Economics
Re: Bitcoin or Gold? What would you pick?
by
acquafredda
on 18/08/2015, 08:41:57 UTC
of course I chose gold, gold prices will always increase

yeah sure, you must have missed when gold was at 1900+ and has suffered a big dump that brought the mineral to almost 50% loss in value

sry but i always look at the all time chart and not at yesterday or tomorrow value...gold is doing really bad by this point of view

What about Bitcoin $1242 down to $256 now, doing a lot worse than gold - about an 80% loss

Gold is on the verge of a new bull run, just wait and see Wink

Come on we all know that the price you're talking about was totally fake. Mt.Gox bots made all that mess. That was not supposed to happen.
And I definitely think BTC it is not mature enough to be at that price considering also all the fuss going on between devs and changes and nodes and stuff.

But I agree with you that gold will rise up again soon.