Bitcoin moving on the pathway of Gold

[Tonteus]

They have completely different paths. Bitcoin and gold are two different substances

[star99]

Nice comparison but Gold cannot be equated with bitcoin. Gold is Gold but Bitcoins have thousands of rival cryptos.

[andreibi]

Nice comparison but Gold cannot be equated with bitcoin. Gold is Gold but Bitcoins have thousands of rival cryptos.

Actually nowadays after the segwit implementation, the new narrative is: Bitcoin is digital gold,  a store of value which you can easily move across borders unlike gold which you cannot bring loads of through airport security.

[Dreamr]

Well, if that graph is real then bitcoin and gold shared lots of similarities based on the price growth history and that graph is showing bitcoin has lots to offer yet with huge potential in the future. The bitcoin is only 10 years into existence and yet a very big rival for gold and perhaps this is just the beginning.

[kooboat]

Bitcoin and gold are two complete different assets. Considering the fact that bitcoin fluctuates at a greater margin more often than not as compared to what happens with physical gold. When the ETF is finally passed, Bitcoin would really become a potential challenger to physical gold in the very near future. Nevertheless, the chart makes sense but the two commodities work on different scale.

[team87]

Yes.. you right.. I have always said that bitcoin will continue to experience significant movement. 2020 will be a great growth for bitcoin and cryptocurrency. Thank you.

[Reosta_]

According to the graphs, the similarities between Bitcoin and gold seem very surprising. Bitcoin is really giving the impression of moving on the path of gold. I can't wait to see Bitcoin to overtake gold in 15-20 years (in my opinion).

[yulionoo]

I think this is just a graph similarity. bitcoin and gold are both very different we cannot compare the two. bitcoin with its fluctuations can go up and down without anyone controlling and unpredictable. but I think the value of gold tends to be stable. and bitcoin with its blockchain technology I think has its own path.

[oleg681010]

Absolutely not, bitcoin and gold are moving in different directions

[puertorikosena]

Interesting idea. I also think that comparing bitcoin and gold is not entirely correct. At the same time, similar trends in global growth can be seen. I think that the cryptocurrency market as a whole has huge development prospects. As for the price of Bitcoin and other cryptocurrencies, no one can accurately predict it, since many factors influence its formation.