Bitcoin vs Gold

in #bitcoin6 years ago (edited)

Last year, when bitcoin prices rose from their 2017 starting value of just under $1,000 to over $19,000 by mid-December, market chatter was that bitcoin was usurping gold's role as a store of value and alternative to fiat currencies. After all, bitcoin's price was skyrocketing, while gold was languishing.

The Bitcoin value is slowly rising but moreover the altcoins are rising even faster.

Will the Bitcoin and Altcoins become more important than gold in the future?

If we apply a linear interpolation next week Bitcoin will reach $9600

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