Re: Gold collapsing. Bitcoin UP. by
on
11/11/2014, 20:25:57 UTC Moon? i lol'ed:
"So I said OK well let's assume it's something like goldThere's a finite amount of it," Pal said in an interview with Grant Williams on Real Vision Television. "There's a finite amount that's been mined. The rest is underground. We kind of know how long it's going to take before all the gold is mined or before all the bitcoins. Put them in the same kind of equation we get a value of bitcoin and that value is a million dollars. Now, you'll never hear an analyst say thisbut I don't mind thisI could be wrong by 90%, and it's still worth $100,000."http://uk.businessinsider.com/raoul-pal-on-bitcoin-2014-11?r=US