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RE: What doubles first Gold or BTC? The gold bull is loose and ready to wreck shop.

in #gold7 years ago

I think btc will double first before gold does. Despite its performance, a lot of investors are still weary in buying cryptocurrency.

Crytocurrency is still in its infancy, so there is a lot more room for growth I think. Everything I have seen or read seems to indicate a gradual mainstream adoption of cryptocurrencies.

I'd still invest in some gold, but that's because its a shiny, pretty metal rather than for its potential value.

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After posting my initial comment, I looked back for news on btc. Just to prove my point:
http://www.dailymail.co.uk/news/article-4543488/Man-throws-Bitcoin-hard-drive-worth-4-8billion.html

These comments are only three months old, but already they express skepticism and misunderstanding of what bitcoin is. That would be rectified as digital currency gains more tract.

There is so much bad info out there, people still don't even know about BTC or even how to get it. It has much higher to go.....better keep an eye on these metals though......they breaking out.

No doubt about it. So much more to go. But im still buying gold. Diversification is the best way.