Post
Topic
Board Economics
Re: Gold exist 1000+ years. while bitcoins exist 10 years.
by
ufaiz50
on 28/10/2019, 11:34:37 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.
You can't compare how long it's been there, gold and bitcoin are in different times. You say the value of bitcoin is higher? You compare one gram of gold with 1 bitcoin, what if I go back, one gram of gold with 1 satoshi.

Bitcoin value depends on market demand, then how is the future of 1000+ bitcoin in the future? This is still a mystery. I'm sure experts will also find it difficult to predict the value of bitcoin in the next 10 years.