Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Jasad
on 27/11/2016, 11:20:27 UTC
I chose my bitcoin bitcoin for the benefit quite a lot. and quick in contrast to gold kenaikanya quite slow. but bitcoin also has many disadvantages for example the price could drop quickly in contrast to gold
The dropping of price is not disadvantage before we enter here in bitcoin we all know that bitcoin value is volatile and it will be advantages for those big investor to invest and to earn lot of income in terms of bitcoin.
differences in contrast, bitcoin fluctuating prices and gold prices were stable. they are different depending on you to choose something that is at high risk or low risk, you can pick and analysis first

In fact, gold prices have never been stable. Recently, the price has been slowly but surely declining:



In the last half-year gold lost almost 15% of its value, from $1,366 in this July down to $1,183 per troy ounce today. Some are claiming that gold might eventually drop to 850-650 dollars, though I don't really believe it can fall significantly below the $1,000 mark due to powerful support from gold bugs around that level...

In any case, to think of gold prices as something rock solid has more to do with wishful thinking than harsh reality
i can see it , people maybe just look at their own local price ,
which usually have a stable price in last few years ,
global market says different about how gold price going ,
and as you stated it is declining slowly , sure people should to choose bitcoin from now on.