Post
Topic
Board Economics
Re: Bitcoin has defeated gold
by
triads
on 17/10/2017, 05:16:06 UTC
yeah bitcoin defeated gold, a calendar year back and now bitcoin has defeated and double the price of gold in it really is personal value and preserve seeking ahead to boost the value  of bitcoin in the potential

Classic price vs. market cap misunderstanding.  Bitcoin may have a higher nominal price than
gold. But when multiplied against the number of units of each, gold still has far more
market capitalization... about 50x that of Bitcoin.