Post
Topic
Board Economics
Re: Bitcoin has defeated gold
by
Olivious
on 12/09/2017, 20:07:17 UTC
Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Bitcoin's gains followed an uneventful split into bitcoin and bitcoin cash, an upgrade proposal supported by a minority of developers. Many digital currency enthusiasts believe bitcoin will one day become "digital gold" amid the rise of other cryptocurrencies. The supply of bitcoin is limited to 21 million and gold is limited too but not like bitcoin.