Quote from: penig on January 17, 2018, 04:53:49 PM

Quote from: First77 on January 17, 2018, 04:12:40 PM

Just got some information/news that people are selling $100,000 in Bitcoins to buy gold. The money they are getting by selling Bitcoins is used to buy Gold

Gold is the safest investment. See the link

Says who, goldbugs? Gold crept up last week, gone down yesturday and today. Inconclusive at best, but really thats a negative correlation to the suggestion. Individuals buying in to gold do not account for massive and sudden sell off across all crypto. This is just looking for explanation beyond the simple reason crypto holders get scared easy, one bad news story and all the bullish talk of the moon evaporate.

gold and Bitcoin are two different things stop comparing them