Post
Topic
Board Speculation
Re: Will the price go to 1 BTC = 1 oz gold again?
by
sorrysteve1
on 28/12/2018, 17:55:26 UTC
1 ounce of gold is approximately $1,400. No, I don’t think bitcoin will go that low, we may go sub $3,000 per bitcoin for a period but $1,400 per coin is asking for too much imo.
there was that day 1oz of gold almost covered all BTC's.....

and

there will be that day that a car trunk full of gold equals 1BTC and beyond



There will likely be a day when 1 BTC covers all the gold in the world. We're rapidly moving towards a digital society, gold will become useless given its obvious limitations. BTC does not face such limitations and is the future.