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Author Topic: Bitcoin popularity will increase, when no Gold is found in Fort Knox.  (Read 340 times)
roueen
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August 02, 2018, 04:17:11 AM
 #41

Bitcoin is even presently compared with the Gold, most stable resource of all time, the model of wealth with having a long history and future also. If the Fort Knox conspiracy comes true by any means, anyone can prove about having less amount of gold in the vault such occured in Bangladesh, a developing country's central bank vault, there will be a huge change in BTC price as well in USD$ price. It will create a complex financial position ever occurred in America's history.
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August 02, 2018, 04:29:16 AM
 #42

we dont have to wait that long. crypto is moving fast towards becoming manistream. more and more companies are adapting crypto as well as bloackchain fast. next 5 yrs are cruicial
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August 02, 2018, 06:15:02 AM
 #43

I am totally support your comments. Now people are think differently. They try to buy bitcoin instead of gold. So some people sale gold with a view to buy bitcoin. From my point of view it’s a good decision because bitcoin future is bright.
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August 02, 2018, 06:47:38 AM
 #44

Gold is an asset, a kind of asset that is internationally recognized by the BTC. There is no comparison between BTC and gold, and btc can not become a common currency like gold.
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August 02, 2018, 06:57:55 AM
 #45

It’s a good way but I think it’s also contain some risk too. Samsung provides some factors to make it sustainable for cryptocurrency.
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August 02, 2018, 08:59:27 PM
 #46

Bitcoin is a digital currency and it has no relationship with gold. More this issue of the respective country and we know every government has its own policy and so I think that we should not comment on that.


I think what the OP is starting is that it's possible that Gold investors, those fanboys will shift their money to crypto in case that it was proven that the government of America has been deceiving the US citizen about their gold reserves in Fort Knox. Also, bitcoin has been touted as the new gold, Gold 2.0 as most evangelist would like to put it. Of course, we have every right to comment on it because Governments exist for the people and we have all the rights to found the real truth about it. Not unless you don't care about what your governments agenda and its plan on your country.

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jeffer8035
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August 02, 2018, 09:06:51 PM
 #47

the truth is that they do not have gold in Fort Knox they disappeared they do not have gold support in their federal reserves and that is already years old and what they had left a little depocitado from other countries was not theirs they asked him to give it as Germany and other Latin countries also withdrew their gold from the United States and there is more gold in Latin America than in the country of the North they abandoned the gold standard many years ago, that is why there is no gold in Fort Knox.

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Prayservice Thomas
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August 02, 2018, 09:11:00 PM
 #48

When this situation becomes public, goldprice will do the same thing bitcoin did from Nov 2017 until end of year, except it will take only a few days at best and wont come down from that level any more.

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August 02, 2018, 09:21:27 PM
 #49

I think, this is one of the things, that we most likely will believe for ever, and they will never tell us that for sure. This is just useful for the government, that we believe that. There are things, that they will never tell you!

SheldonLang
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August 03, 2018, 12:38:23 AM
 #50

I think American government are not being transparent because it is a matter of national security. But, it is also true that the citizens of America have every right to know about the amount of Gold being reserved there. If there is actually no gold in Fort Knox according to the future, there will be a panic in the market as people will start investing on BTC with no holds barred.
HarryBrace
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August 03, 2018, 03:55:19 AM
 #51

There are various rumors about Fort Knox, most of which are related to there being no gold at all. If that is true then the government is just hiding them from the people and people being ignorant are not asking the government to be transparent. If it gets exposed, people will go into panic mode and BTC market will see unrest because right now it looks like the best alternative to gold to hold.
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August 03, 2018, 04:13:58 AM
 #52

What is the relationship between BTC and gold? aren't these two things very different?
both of these assets, in my opinion are very different and have advantages that are different
gold is suitable for users who do not know about crypto
while crypto is used as a gold substitute for easier investment facilities

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August 03, 2018, 05:50:06 AM
 #53

I think these are just rumors about Fort Knox having no gold at all. Government is just trying to ensure the highest security possible by ensuring maximum confidentiality. But, the people not being concerned about such situation really makes me think if the rumors are true or not. If there are really no gold in there then we will know the reason behind governments fearing BTC for so long.
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August 03, 2018, 05:52:45 AM
 #54

Bitcoin is a digital currency and it has no relationship with gold. More this issue of the respective country and we know every government has its own policy and so I think that we should not comment on that.


I think what the OP is starting is that it's possible that Gold investors, those fanboys will shift their money to crypto in case that it was proven that the government of America has been deceiving the US citizen about their gold reserves in Fort Knox. Also, bitcoin has been touted as the new gold, Gold 2.0 as most evangelist would like to put it. Of course, we have every right to comment on it because Governments exist for the people and we have all the rights to found the real truth about it. Not unless you don't care about what your governments agenda and its plan on your country.

Yes, you are getting my point. Bitcoin is a upgrade to Gold, because everything is transparent. You cannot hide a large amount of bitcoins from the public, because all the bitcoins are stored on the Blockchain and if there are movement of these coins, then the public will know about it.

Gold can be sold and moved from one location to another, without the public knowing it and this makes it easier for governments to hide these kinds of secrets from the public.  Angry

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August 03, 2018, 10:08:18 AM
 #55

I was also thinking that why they have to fear if they have provided the right information. I think it could be a lie and it the lie come to the light the economy will face a major fall. As well as btc will probably have a huge growth.
JohnLowry
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August 04, 2018, 01:41:23 AM
 #56

I think they are ignoring the fact and trying to hide the truth. It can be the most controversial thing if the truth is exposed. That's why they are afraid of it. And i think btc will be more popular then.
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August 04, 2018, 04:08:22 AM
 #57

I think this is a very  controversial and confidential issue that the government would not allow the public to be informed. I believe if it is not considered confidential, then this information had already been released long time ago. For now, government may have a hard time controlling the rise of bitcoin due to it's popularity since it has been widely adopted not just in the US but in the whole world.
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August 04, 2018, 04:26:37 AM
 #58

I am totally confused for their activities. I think the economy will surely collapse if people find out about the truth. This is probably the reason behind their awkward way of hiding the truth.
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August 04, 2018, 04:29:03 AM
 #59

Man I think golds popularity is going to explode when people find out its gone.  I also agree that Bitcoin is now a prime investment vehicle.  You gotta have the physical and the digital. 
BennieMartin
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August 04, 2018, 06:26:03 AM
 #60

I strongly agree with you. It is just a stupidity for American to stay mute. They have the right to know everything about the actual places of gold and government also cannot keep it hidden.
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