Quote from: korgayzubair on August 14, 2014, 09:51:50 AM

Traditionally, investors are turned to gold to protect their wealth. But because of the weakness of gold over the past 24 months, famous Bitcoin is arrived which offer the potential for a store of value, low transaction costs, free movement, and anonymity. It have some advantages over conventional currencies. it allows peer-to-peer transactions that completely avoid the expensive and cumbersome bank-run electronic payment.

24 months is a very short period when compared to the hundreds (some people think thousands) of years that gold has been used as a form of money. With bitcoin on the other hand 24 months is roughly 40% of the amount of time it has been in existence. As a result investors will likely be much more willing to wait for a rebound in the price of gold then they would be in the price of bitcoin.