Forbes Why Can't Gold Compete Bitcoin

Last Updated on December 29, 2023 by Paganoto

Why Can't Gold Compete With Bitcoin? – Forbes

Since May 1, we have had 4 noticeable increases in volatility. Bitcoin responded much more acutely than gold did to each of those rises. Now, …

“Volatility is relative, and when combined with gold, Bitcoin has been less risky than the S&P 500, which should sustain the quasi-currency’s …

Gold has corrected 11% and the most common reason I hear is that Bitcoin has now replaced it as the hard currency of choice.

For economists trained to value assets, you can argue that Bitcoin has more “speculative” value, and a shorter track record than gold itself …

You don’t need to invest in either gold or bitcoin to have a well-diversified portfolio. Most investors would do well to ignore their allure and …

Many cryptocurrency investors have argued that Bitcoin is a new version of gold for the digital era, a potential flight-to-safety investment …

The price of Bitcoin (BTC) has dropped sharply over recent months, thanks to major turbulence in cryptocurrency markets. As of this writing, …

That’s by design: Core to their decentralized nature, Bitcoins aren’t backed by the government or any issuing institution, and there’s nothing …

A fixed supply and no intrinsic value means Bitcoin prices are determined purely by market demand, making crypto market investor sentiment the …

Some analysts believe the price of Bitcoin could rise even further as cryptocurrency and blockchain technology become a bigger part of people’s …

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.