Quote from: Fadsiman on September 23, 2016, 03:56:16 PM

Quote from: deisik on September 23, 2016, 03:40:27 PM

Quote from: mindrust on September 23, 2016, 03:33:52 PM

I know both bitcoin and gold pumped and dumped hard in the past. That is why i took a long time frame as an example. That is why i said, i hold cash for 2-4 years and gold/btc for 5+ years. In the long run, cash is a loser. Both Bitcoin and gold will be winners against USD in the long run. You know why? Because you cant make them.

It is not even given that Bitcoin will still exist in 5+ years. Nevertheless, you have only 1 year for gold and 2 years for Bitcoin left until your plans of holding tight start to massively lose ground. If I remember correctly, we haven't yet even reached the inflation adjusted ATH of gold which has been sticking around for over 30 years...

Are you ready to wait another 30 years?

That is right for the gold. But the bitcoin has more potential to rise. It has much fewer invesotrs than the gold at present.

That's what I hope for myself. Namely, that Bitcoin will profit handsomely from fiat currencies competitive devaluations. In fact, all it needs to do is just stick around for a few more years until this or that major fiat currency spectacularly collapses (euro seems to be everyone's favorite here), and peeps start running from it into Bitcoin...

And that would be worth seeing