Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
molecular
on 15/04/2013, 14:52:15 UTC
What would be the effect of gold and silver crash on bitcoin? I suspect many bitcoiners are also gold/silver bugs. Would they sell bitcoin to cover their loss in PM? Or they would move their investment from PM to BTC?

Maybe sell BTC to buy PM, or buy PM with BTC if possible. If BTC were at $150 or so I would seriously consider doing that myself.

+1. The little fiat I have left over is being saved for when bitcoin starts to move again (up or down).