Post
Topic
Board Economics
Re: Gold exist 1000+ years. while bitcoins exist 10 years.
by
icecube45
on 14/03/2019, 14:23:24 UTC
I agree with your speculation that bitcoin will skyrocket but I think not only once but many times. Gold does exist first but the price is higher in bitcoin, this is natural because bitcoin has large fluctuations so prices can go up and down very quickly and in large quantities. While gold fluctuates in small amounts and fluctuations tend to be long and stable. So both are different and in bitcoin prices are higher because of the large fluctuations.