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by illegalsmile
4825 days ago
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After a few weeks ago reading that BTC was at $45/btc and thinking this has to drop drastically soon enough only to see it now at $90... Not saying this growth isn't possible but it's not sustainable this early on, unless I'm wrong? |
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http://goldprice.org/gold-price-history.html#36_year_gold_pr...
A similar thing is ocurring with bitcoin now however it is much easier to buy and store btc for the layman than it is for them to buy and store gold.
Adoption due to technology is also faster, essentially gold has been $1600 an ounce for a while now, BTC has a way to go before it stabilises but after $200 a coin we will see less daily fluctuations because a $10 change in price is actually only 5% of the overall value