Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Xester
on 23/03/2017, 12:06:32 UTC
We can say whatever we want comparing bitcoin to gold, gold is still the safest asset to invest your money. Bitcoin is still too much volatile to be considered as safe. With gold you may not make a profit but it won't make you loose money, while with bitcoin you may lose 10% in 1 day wich is a lot when yu are investing, specialy a big amount

At this point of time I will not argue even if I disagree with your opinion but rather support your idea given the problems on the upcoming Hardfork. The hardfork issue is really causing some stir and panic among the bitcoin community and that will explain the decrease in bitcoins value and the increase in DASH and Ethereums value. That showed that many of the bitcoin users are transferring to altcoins due to this fear and at this point of time it is better to stick to gold than to invest all your resources in bitcoins due to this problems.