Quote from: dark1234 on May 22, 2019, 11:24:33 PM

Quote from: cocoadreamboy on May 22, 2019, 10:52:11 PM

Quote from: kemetz on May 22, 2019, 10:30:18 PM

Quote from: bonker on May 22, 2019, 07:28:47 AM

Quote from: alina345 on May 21, 2019, 01:20:47 AM

At least Bitcoin isn't a fractional reserve currency. Bitcoin itself is mined much like Gold and has a limited quantity. The value of each Bitcoin is created and strengthened by the vast quantity of miners around the globe. Bitcoin is a store of value which moves in the direction of the media, government, businesses and developers who support it.

Bitcoin has limited quantity but not the stable value like gold so the chances of using it as reserve for value to any currency is null and bitcoin itself a currency whereas gold is not.

gold and bitcoin I think it's not too much different because every year the price will definitely be the same as moving up
only if bitcoin has a limited amount so that the price will continue to move according to the turnover in exchange
we don't know what the future will be like, bitcoin, whose value is always unstable if it is used as a currency, I don't think it will run smoothly

Bitcoin actually has a greater value reserve than gold because bitcoin has ACTIVE investment chasing it. The exchange volumes are inflated by over 95%. There is very little actual volume it is all lies. Check out my website to see how the price floor works:

https://www.amsinger.org/subscriber-data

good article guys ....
and of course bitcoin will always be able to increase by more than 95% because we know bitcoin can be rarer than gold and in trading every day with a higher volume ratio we can see it in CMC and every day, therefore a long-term investment for bitcoin is more challenging because there is a high level of risk and a very large profit offer

Be very careful with CMC volume quotes this is a very good article about how CMC and exchanges overly inflate the volume of crypto:
https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf
CMC is a manipulative institution, and it is a big reason of why I made my site, to present a clear truth.

Aaron