Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Toshibaro
on 11/04/2018, 01:15:40 UTC
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I rather choose gold. Gold has a stabel price in the market, right now the price of gold is $1, 300 per ounce. Meanwhile bitcoin isnt stabel, its price has ups and downs. And its price right now is $6,843. Even it has a bigger price than bitcoin we don't know if it will fall instantly. So I rather to choose gold than bitcoin.