Post
Topic
Board Economics
Re: Bitcoin or gold?
by
MingLee
on 11/05/2017, 23:36:56 UTC
Bitcoin rose from $200 per coin to $1,800 per coin (current exchange rates) in almost 12-months time. Gold will never give this much returns. But my opinion may change once a correction occurs with Bitcoin.
i agree with you and i am also in the favor of bitcoin because bitcoin give me a good profit nowadays the price of bitcoin increasing too much fast and gold is too much stable value and gold increasing it value too much slow and we can not get a big profit from gold quickly.
bitcoin is the modern and stronger currency and young generation is very interested to using bitcoin because and just bitcoin can increase our money and gold is a metal we can not compare gold with bitcoin because both are too much different from each other.
I think we can still compare it from the investment thing Bitcoin has a high potential as a profitable investment let alone users continue to arrive But gold I think is still running on the road
Bitcoin is a great growth investment tool, and gold is a great wealth preservation tool. The biggest difference that I see between gold and Bitcoin is that gold is something that can be used for a lot more applications than Bitcoin can, although it loses out on some of the ease of use, while Bitcoin is pretty much stuck with what it is and can't be used for a whole lot more. Each has their niche.