Bitcoin vs Gold on Australian ABC TV news
Watching the main evening news bulletin on the (ABC ( Australian Broadcasting Corporation) which is the government owned broadcaster and what pops up in the Finance report. A Bitcoin vs Gold price chart and that only a few months ago 1 oz Gold would buy 2-3 Bitcoin and now 1 Bitcoin buys 2-3 Oz Gold. This isn't the first time Alan Kohler has mentioned the rise of Bitcoin with at least 2 previous mentions this year.
I wonder how much Gold 1 Bitcoin will buy in another year?
buying metals with bitcoin these days is delightful, but damn if btc doesn't keep on keeping on blowing silver&gold out of the water re: gains
upvoted and resteemed -- Cheers!
I was always optimistic for the price BTC but now definitely defying any expectations I had. How high will it go???
The mind boggles... Just make sure you have 1 or 2 (at least...) it could be really huge
I see it hitting $5000 by end of 2017 and the future price/value will be out of this world. Be ready for it...
Wow that bitcoin chart looks really stable, why not compare it to the nasdaq from 1998 - 2000 it looks the same, and we know how that turned out.
That's my point.
Bitcoin value will give the world the faith it needs in crypto. However, anyone already playing the game knows how limited bitcoin is with its scalability and blocktiming/transaction speeds.
There is plenty of space for more coins. Digibyte, Maidsafecoin, Golem, Neo-- these coins have far better utility and are mostly all massively undervalued.
Great highlight of BTC in the Australian media.
Nick
Very true that there's so many more crypto with great user case. Getting mainstream finance based media coverage for BTC is incredible. The others might take a while longer but by then will be disrupting the world.
love it!