Bitcoin price vs gold price: Which is more appealing now | Crypto Craft

  • Bitcoin price vs gold price: Which is more appealing now

    From valuewalk.com

    In theory, if bitcoin is like digital gold, the two assets would be somewhat correlated, but that just isn’t the case when we look at the bitcoin price vs the gold price. The two assets aren’t really even negatively correlated because they move based on completely different factors. Traditionally, gold is a safe-haven asset, while bitcoin is a highly volatile and speculative asset. On Tuesday, the bitcoin price hit its highest level in two months, breaking past its resistance level of around $8,600 to settle above $8,800. Over the last 24 hours or so, bitcoin has climbed by about 8%, holding just above levels ... (full story)

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Not-KPMG
Jan 15, 2020 3:13pm
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Quoting yg10
{quote} Actually from 2013 to 2019 gold was in in the range $1100 -... th. This article is absolutely illiterate in both areas BTC and gold.
I haven't read the article.
Don't need. 😂😂😂

Morons everywhere .

But your remark about early 2000 8 times rise is good ...👍👍👍

It's because of ETF funds and shares
Reply
yg10
Jan 15, 2020 3:59am
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Quoting Not-KPMG
Liars!! Wake up liars. For ten years gold cr.p was falling..... Banksters manipulation.... But heeeey what do i know????
Actually from 2013 to 2019 gold was in in the range $1100 - 1350. It felt from almost $2000 in 2010 - 2011.
But during first decade of the century there was almost 10x growth.

This article is absolutely illiterate in both areas BTC and gold.
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Not-KPMG
Jan 14, 2020 2:00pm
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Liars!!
Wake up liars.
For ten years gold cr.p was falling..... Banksters manipulation....

But heeeey what do i know????
Reply
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