For now. bitcoin can't be manipulated by the feds, that's its saving grace...but its still a FIAT. Ask someone in collapsing Venezuela right not if they can use bitcoin to feed their family. On the other hand, there are tons of news reports of people bartering with gold and silver to survive in that country right now. I'll stick with what has stood the test of time thanks. :)
Bitcoin was rising too fast (like in classical model of bublle) and now is the time to back to its mean.
And then Bitcoin will rise and break level 2000$ (because of strong support of rising popularity and eliminating obstacles to trade Bitcoin in global markets).
Crossing the $2000 mark wont be easy, I remember what happened to Gold when it tried to attempt that Milestone.
Bitcoin and Gold are no comparison.
I am not comparing bitcoin with gold. I am just comparing psychological trading levels. $2000 isn't easy to take out in one go :)
Yeah, Gold is actually worth something. Duh!
funny, last time I checked I could buy more than 1 oz of gold with 1 btc...
For now. bitcoin can't be manipulated by the feds, that's its saving grace...but its still a FIAT. Ask someone in collapsing Venezuela right not if they can use bitcoin to feed their family. On the other hand, there are tons of news reports of people bartering with gold and silver to survive in that country right now. I'll stick with what has stood the test of time thanks. :)
Gold is gold.
Silver is second.
Bitcoin has its uses:
https://cointelegraph.com/news/bitcoin-becomes-venezuelans-last-resort-even-when-buying-food
Bitcoin was rising too fast (like in classical model of bublle) and now is the time to back to its mean.
And then Bitcoin will rise and break level 2000$ (because of strong support of rising popularity and eliminating obstacles to trade Bitcoin in global markets).
Ha, that's funny.