Sammyboy RSS Feed
03-10-2023, 06:10 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Disclaimer: I do not invest in Gold or Bitcoin
It is interesting lately that Gold is underperforming many other commodities. Meanwhile, Bitcoin surged pass the US$20000 resistance and swiftly hit $21000 last night. At this moment, the electrical cost of mining one bitcoin is about US$4000 so people will rather "bitcoin" than bitcoin.
Gold is also supposed to be a safe heaven and store of value especially global central banks have to QE over US$2 trillion in the next 12 months. Now, Bitcoin...
Read more (https://www.sammyboy.com/threads/bitcoin-is-more-gold-than-gold.296825/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/bitcoin-is-more-gold-than-gold.296825/).
Disclaimer: I do not invest in Gold or Bitcoin
It is interesting lately that Gold is underperforming many other commodities. Meanwhile, Bitcoin surged pass the US$20000 resistance and swiftly hit $21000 last night. At this moment, the electrical cost of mining one bitcoin is about US$4000 so people will rather "bitcoin" than bitcoin.
Gold is also supposed to be a safe heaven and store of value especially global central banks have to QE over US$2 trillion in the next 12 months. Now, Bitcoin...
Read more (https://www.sammyboy.com/threads/bitcoin-is-more-gold-than-gold.296825/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/bitcoin-is-more-gold-than-gold.296825/).