RE: How often are physical gold bars transferred everyday? My guess is that Bitcoin can do quite a few more transfers per day. Bitcoin has better fundementals than a $7.5 trillion market. Once bitcoin overtakes gold's value, each bitcoin will be $350,000+

You are viewing a single comment's thread from:

How often are physical gold bars transferred everyday? My guess is that Bitcoin can do quite a few more transfers per day. Bitcoin has better fundementals than a $7.5 trillion market. Once bitcoin overtakes gold's value, each bitcoin will be $350,000+

in bitcoin •  5 years ago  (edited)

Not true my friend 1 Bitcoin = 1 Bitcoin

Volatility comes from Scarcity, High Liquidity (easy transfer), Easy BUY and SELL Orders in the hands of the whole world not like the case of Gold or whatever...

Dont look at its price vs. Fiat
It is the Hardest Secure Digital Unit Of Scarcity Ever Created and Agreed On (Network Consensus)

Pegged is like a Backed, You may pegg to Bitcoin Or Gold, but this kind of pegg is a CENTRAL Controled Shady Operation. A BAD ONE

bitcoin
5 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    0
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!