How to turn $10 thousand to $200 million!?

in bitcoin •  8 years ago 

Bitcoin and gold are considered significant reserves and safe havens for valuables. But over the last seven years with one of these reserves has been a rapid growth, in terms of market capitalization, according to the basic user base and cost. And the other provision does not meet the expectations of their investors.

About the success of the early bitcoin investors May 13, StockTwits, the world's largest communication platform for the investment community, showed in visual form the map of the growth of its users, it also presenting a variety of currencies, bonds and assets. A user named Charlie Bilello noted that the bitcoin investment of $10,000, made in July 2010, could give investors a $200 million profit. Or rather, such an investor would have earned $201,56 million In contrast to such a supporter of bitcoins, the investor who purchased gold worth $10,000 in 2010, would experience a negative income now with a $9 981.

Gold in a broad sense is seen as a safe asset and, by definition, implies a good investment that saves (1) and stimulates (2) the cost of available funds in the conditions of market instability. But over the past seven years gold has not been able to satisfy these two requirements. Therefore, the question of, can we consider gold a safe haven asset, remains not quite clear yet. From July 2010 bitcoin significantly outperformed the Japanese yen, the canadian and American dollars, euros, silver, gold, bonds, global stocks, real estate and stocks in the United States. Of course, the decentralized nature of btc, its high liquidity and transportirovki began to attract wide range of investors seeking alternative investment assets to protect your financial health.


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