Post
Topic
Board Economics
Re: Bitcoin has defeated gold
by
fearcoka
on 10/03/2018, 16:58:49 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.

The bitcoin will cost much more than gold, because very soon we will not be able to mine it, 21,000,000 and everything, more definitely will not be and all these coins are backed by a huge amount of electricity and equipment for mining. And how much gold will they still produce? Nobody knows! And every year it is getting more and more.

But you don't understand Bitcoin can fork to more coins. Bitcoin Cash is the solution for the limited supply of Bitcoin. Why do a fork coin like Bitcoin Cash have high price? Because the Bitcoin community accept this fork coin. Other fork are fake, just this fork coin can helps Bitcoin solve its limited supply in the future.