Post
Topic
Board Economics
Re: Gold exist 1000+ years. while bitcoins exist 10 years.
by
meliodas
on 20/10/2019, 04:14:35 UTC
Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.

Gold is said to be existing since 1320 B.C. Its value and longing for the same has not come down. As decades passed by, value to it has really increased. Even now, its suggested to be the best asset to hold. Yes Bitcoin, from the time (2009) it exists, it has created a demand for its own need and now many here do safer to have their assets as Bitcoin. However, Gold value would remain still as Bitcoin value is volatile.
It really depends on the investors if they want an aggressive type of investment or they want a slow moving investment or a moderate risk investment. For some investors, gold is boring because of its slow phase while bitcoin is a great investment because it is volatile and they can really make money in a short period of time. In my opinion, bitcoin is better than gold because it is advanced and it has a bigger potential compare to gold since gold just a metal.