Post
Topic
Board Economics
Re: Gold exist 1000+ years. while bitcoins exist 10 years.
by
drlukacs
on 05/01/2020, 10:00:27 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.
This is uncertain. No one has ever said that the value of bitcoin is high since it is unregulated and updated. The price of bitcoin is now high due to the influx of many people's words, in fact it is not worth anything. When something cannot benefit society and is found to be false, it will be turned away by society. so the price of bitcoin will rise sharply but at some point it will be sold off again just like 2017. Be careful in holding, we could be in big trouble.