Its a good time to short gold right now. Short time at least. Bitcoin still has a lot of potential.
yeah bitcoin is going to grow a lot in the near future, in my opinion the price is going to become huge, it would be really cool to be honest though anything might happen
Yes the price of bitcoin will be much higher in future so I think this is the best time to invest money in bitcoin as it has potential to give better profits in compare to gold.
All of us just hoping that bitcoin prices will go up in the future,
but it will happen only if demand for bitcoin goes up. Gold has proven for many years. It will give good profits over the long time and it more suitable for less risk takers. I have invested in both of them but more in gold and less in bitcoins.
Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...
In any case, we should watch closely both the supply of and demand for bitcoins
Regardless,
the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.
That's pretty much the same what I say
myself. But every coin has two sides, and Bitcoin is no exception to this rule (I have yet to see a true Möbius coin, and not that
shit which had been passing for one). With the price increase (for example, due to an abrupt supply collapse), volatility will most certainly get out of hand completely...
And that might be (and likely will be) fatal to Bitcoin
despite its price surging near the end of its life cycle
