Topic: Gold and Bitcoin: Both (prices) are up, but what's next? (Read 1221 times)
Some of the alts should crash a bit as Bitcoin goes up, then the alts will follow up up as well after a while.
bitcoin fluktuatif and gold not .
just make it great moves before do anything
just make it great moves before do anything
the next up is still gold my guess
no next , bitcoin's price will go on rising and a bull market will coming soon
It could mean investors are slowing moving away from fiat because of some doubts and uncertainly and decided to hedge their position into something else with store of value like gold or invest in technology with potential like bitcoin. But it's still too early to tell because the trend only shows up barely a week ago after the recent lows. So I would wait for further signs
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Both gold and BTC are up some 10% above recent lows. My guess is that financial events are becoming recognized as heralding trouble ahead. The dropping of the Swiss Franc / Euro peg has gotten a lot of attention, especially leading to even more comments about the Central Banks losing control.
The case for buying and holding gold is pretty clear and pretty obvious so I will not discuss it further here.
The case for Bitcoin, IMO, would be stronger were the Bitcoin Ecosystem stronger (less hack-prone) and if there were to be more acceptance of BTC among retailers and enthusiasts (like me). I still have NO family participating and very few friends who have any exposure at all to BTC. And what I learned I had to go out and learn myself (but I did get a lot of help from people who know a lot more than I). And I have been motivated out of personal curiosity, something I am seeing precious little of even seemingly "natural" websites (alternative financial ones like zerohedge.com for example).
* * *
I do understand that revolutions, even historically fast ones (Internet), take longer than one would think while actually in the midst of one. But, BTC does seem to be stuck and out-of-favor. The only real buzz I read much about is typically negative...
FUD and the overly technical nature of BTC seem to be not only slowing acceptance down, but we may be seeing a failure in execution of what appears to be a great idea.
Which would be too damn bad.
Thoughts?
Both gold and BTC are up some 10% above recent lows. My guess is that financial events are becoming recognized as heralding trouble ahead. The dropping of the Swiss Franc / Euro peg has gotten a lot of attention, especially leading to even more comments about the Central Banks losing control.
The case for buying and holding gold is pretty clear and pretty obvious so I will not discuss it further here.
The case for Bitcoin, IMO, would be stronger were the Bitcoin Ecosystem stronger (less hack-prone) and if there were to be more acceptance of BTC among retailers and enthusiasts (like me). I still have NO family participating and very few friends who have any exposure at all to BTC. And what I learned I had to go out and learn myself (but I did get a lot of help from people who know a lot more than I). And I have been motivated out of personal curiosity, something I am seeing precious little of even seemingly "natural" websites (alternative financial ones like zerohedge.com for example).
* * *
I do understand that revolutions, even historically fast ones (Internet), take longer than one would think while actually in the midst of one. But, BTC does seem to be stuck and out-of-favor. The only real buzz I read much about is typically negative...
FUD and the overly technical nature of BTC seem to be not only slowing acceptance down, but we may be seeing a failure in execution of what appears to be a great idea.
Which would be too damn bad.
Thoughts?
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