Is Bitcoin the New Gold?

in #bitcoin7 years ago (edited)


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"During the last year S&P 500 index was decreased, gold (GLD) increased by 14.4%, whereas Bitcoin increased by 74.9%," Danilevski said. "During the last five years, S&P 500 increased by 68.8%, gold decreased by 26.5%, whilst bitcoin grew by an impressive 24.9%."

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Bitcoin, at time of writing is worth $4700 USD. It's growing very rapidly and worth investing into.



Google conventiantly shows a graph to see how much Bitcoin is worth overtime. The spike is absolutely incredible. It's amassed a ton of credibility and trust from around the world to become worth this much.

Will Bitcoin survive even if fiat currency crashed?

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The only currency will be that of the Lord! WAKE UP!

This is preparation ;)

amazing! thanks for sharing

It'll be interesting to see where the market goes in the future.

delete

WOW!! 1 Bitcoin is worth a lot! Is this why it will become the "God Coin" when gold and bitcoin come together? I can't imagine what that will be worth in comparison to frivolous paper money...

Incredible!

To the question in your title, my Magic 8-Ball says:

Yes definitely

Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

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