Quote from: tbct_mt2 on Today at 02:25:22 PM

Quote from: bitmover on April 26, 2020, 03:04:32 PM

Can't call gold volatile? Gold has high volatility, it is not stable against USD.

in the last 1 year gold was up 57%, while bitcoin is 46%.

57% man! In a single year. That's pretty high volatility. Since 2014 it is 260%!!!

260%.

Gold stable for year? Tell me one stable please...

People call bitcoin is highly volatile asset because they hate it. They want to own bitcoin but they fear when they look at newspapers, websites, fake news, and price movements. Years ago, the term "virtual currency" is very common. That term, once upon a time, prevent people to learn what Bitcoin is and invest in bitcoin. Nowadays, we don't see that term too common but there are still many people who hate bitcoin and keep spreading fake news, wrong technical terms on bitcoin.

What is wrong with people these days is they are scared of what they know, it's pretty natural to human but the fact that bitcoin is still standing still conquering heights that we have already set is the thing that what it makes so strong digital currency right now. But there are really some instances that a bad news is going out and making some destructive impact on bitcoin's image as digital currency and asset those are scams and frauds that used the name of bitcoin in illegal way.

Quote from: tbct_mt2 on Today at 02:25:22 PM

Instead of looking at Gold price and its volatility, people simply says Gold is a stable asset. LOL.

Because gold has been here for ages, gold has a physical value as it is a precious metal unlike bitcoin but there is nothing to worry about gold and bitcoin.