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Bitcoin vs Gold
Updated: Views / Replies:3,124 / 32
Created: by Big Mike Attachments:2

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Bitcoin vs Gold

  #31 (permalink)
south africa
Posts: 170 since Dec 2018

Mining gold in space is almost as ridiculous as the Canadian oil sands...

The problem with comparing crypto to gold is most of the time gold has very low volatility and is practically the opposite of crypto in that sense.

Bitcoin has really just created a digital bucket shop and purely speculative game.

Clearly there is an appetite for this kind of speculation. It is good to see something get around regulation and fill that need.

It also fills a nice void of creating cheap data sets of real world money bets.

Last edited by centaurer; April 3rd, 2019 at 08:05 AM.
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  #32 (permalink)
Los Angeles California
Posts: 2 since Jun 2019
Thanks: 0 given, 1 received

I think Gold is a safer investment, while Bitcoin might be a bigger bet and offer greater returns.

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  #33 (permalink)
Boston, MA / USA
Trading Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: ES
Posts: 241 since Apr 2013
Thanks: 2,685 given, 359 received

A "Gold Standard" is slowly gaining quiet acceptance in the corridors of central banks, without fanfare or explicit declaration.
The source of this article is interesting from a macro economic point of view. OMFIF is a forum for central bankers, economic policy and public investment.

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