Post
Topic
Board Bitcoin Discussion
Re: Bitcoin investors now moving to gold
by
figmentofmyass
on 30/01/2019, 06:28:37 UTC
bitcoin investors don't go for gold, they either already have gold as their other investment for diversification purposes or they don't. what they never do is to sell bitcoin to buy gold instead!

says who? i've personally known multiple coiners who sold bitcoins to invest in gold at various points in time. they figured bitcoin was near the top or was in a bear market and gold had better prospects (since it hasn't pumped since 2011).

a lot of bitcoiners put their money (including BTC) into whatever they think will generate profit. that's why pirate40's ponzi scheme was so big. it's why altcoins are so big. i think you give bitcoin investors too much credit. Wink