Quote from: teosanru on October 16, 2019, 03:21:54 PM

Quote from: lepbagong on October 16, 2019, 01:22:16 PM

Quote from: ILuckyGuyI on October 16, 2019, 01:06:17 PM

The graphs of Bitcoin and gold are too similar and this can be an indicative for Bitcoin to boom like gold in the future. And I believe that Bitcoin will overtake gold in 10-15 years from now.

Obviously the market share is different between gold and bitcoin, charts cannot determine that there are similarities. from the price movement alone is very different between bitcoin and gold.
bitcoin will still become a new market share besides gold, and they will move on their own and will not influence or take over each other.

But most of the folks who don't know what bitcoin actually is look at it just like a store of value similar to gold or digital gold to be specific.

Quote from: boltz on October 16, 2019, 02:13:34 PM

Those 2 chars looks almost identical. I would expect Bitcoin to follow gold pattern in a different way but in the same time to have the same growth but this would mean that we're about to witness the last pump of bitcoin ? If that is the case , Bitcoin needs to achieve a lot more in order to separate itself from the gold and from the pattern as this is the only similar they're having right now. Remember we're still years away from Bitcoin mining supply getting done so I have my reasons to believe Bitcoin will be a lot more bigger than gold chart.

I think it could really achieve similar heights because gold mining too has reduced drastically and is pretty much controlled while btc minning too is Getting scarce with another halving.

Quote from: jsizar on October 16, 2019, 02:45:45 PM

Unfortunatly, sec dont want to llow ETF. They are scared about mass adoption

Don't worry gold had a history of more than 1000 years before SEC approved them bitcoin is just 10 years old things take time.

A lot of time has passed since the moment when gold received permission for large trade. I think that Bitcoin will receive permission for ETF in 10-15 years.