Post
Topic
Board Speculation (Altcoins)
Re: BTC vs Gold??
by
BitcoinCommodor
on 17/04/2018, 12:35:29 UTC
Nowdays, BTC become so popular. Some people didn't expect that the price will be so high.
But, can BTC survive in the next 10 or 15 years. Because 'maybe'  crypto currency just a trade mark for today and will be changed with other 'currency' next year.
And the price of BTC will be drop extremely.
As we know golds like a parameter to measure the inflation.
Price of golds always following the economy global changes.
Imagine if you have $ 1M, Which one you want to choose?

Repeatedly said that gold is more stable and does not have such volatility in price. And the fact that crypto-currencies are not recognized anywhere else further reduces confidence in them, it's just as a means of quickly enriching, and gold is a reliable back of your capital.

Gold is indeed more stable but calling bitcoin as not that much reliable just due to high volatility is a little unfair. Bitcoin is the future of money and gold is now an ancient history. All clever investors would choose bitcoin over gold because they know the fact very well that only bitcoin can bring ample profits. Stability is not appreciated when it comes to earning money by investments.