Post
Topic
Board Economics
Re: Bitcoin has defeated gold
by
Zadicar
on 09/03/2017, 14:50:23 UTC
i dont think that bitcoin surpass or defeated gold maybe now bitcoin already defeated gold but remember that bitcoin price is not that stable it goes up and down and it depends on the bigwhales who has been a part of bitcoin community so lets expect that bitcoin will drop sooner or later then it will raise again . so exchange your bitcoin and cash it out while bitcoin are on high price right now so you can buy again bitcoin when it price drop.

shut up idiot, bitcoin is going up not because of whale. There are many big whale in bitcoin but not 1 whale has control on whole market and not all of the whale work together

Sometime some whale lose big money

Biggest miner pool are fight against each other and each one is like its own whale

When cypras economy collapse bitcoin go up first time go read history book

Now its bad for some country and they buy the bitcoin, you see renimbi how low it go this is why all buy bitcoin

If renimbi go up very high then no one buy bitcoin
Quiet surprised that a newbie scolded a higher rank member haha. You do have a point though since not only 1 whale could able to manipulate or affect too much on bitcoins price when theres a sudden dump but depends if all whales would decide but its impossible thing to happen as i do believe bitcoin now is already circulated among the community who uses it which means dumps would unlikely to happen.Back to topic even though bitcoin surpassed or reach out the gold value it doesnt mean it already been defeated.