Post
Topic
Board Bitcoin Discussion
Re: on what condition can people have fath for bitcoin just like for gold?
by
franky1
on 20/03/2014, 13:58:46 UTC

maybe i should say during every two or three years gold's price do not change a lot

lets say 50 years of gold history is the equivelent to 5 years of bitcoin.. two or three years of gold is 2-3 months of bitcoin.. so the steady $600-$700 price range of bitcoin these last couple months, is again what i refer to as stable. roughly 10-15% variation

EG 2012-2013 dollar to euro (using just 2 years of fiat history)



low of 121 to high of 135 = over 10% price variation.

so if the dollar is stable for having just a 10% variation over 2 years of the many decades it has been around. then so is bitcoin for having a same 10% variation for the couple months of just 5 years being around