Post
Topic
Board Speculation
Re: Supply & Demand Price Contradictions: Bitcoin / Gold / Silver
by
mnl92
on 08/12/2015, 11:53:12 UTC
Gold's been doing better than silver over the last decade. It's crashed a bit but not as much as silver during the last five years. Over the last decade both have still gone up overall though. Bitcoin's outperformed both since its birth but it's got a limited total supply, and there is more demand to buy it than can be satisfied by newly mined coins. Bitcoin's crashed hard for the last two years but there was still demand for it, and now it's going up again. None of the three assets have crashed below their values from a decade ago (or 7 years in bitcoin's case), they have all gone up in the long term.

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