RE: ETHEREUM JUST EXPLODED TO $350, IS GOLD NEXT?

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ETHEREUM JUST EXPLODED TO $350, IS GOLD NEXT?

in ethereum •  8 years ago 

If money flows into precious metals ... how much will come from the crypto market? and what will it do to the price of cryptos?

ethereum
8 years ago by

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      ·  8 years ago 

    My own opinion is very little would move to gold. The McGuire article looks like another cheap gold pimping article. Its like suggesting that 15 minutes of a Peter Shiff podcast went missing so there must be some truth. The inflow to gold will come from the fire sales of stock and equities during a collapse. A little of that inflow should go to cryptos as well, but less than 1% know how to even purchase a bitcoin. When people say bitcoin/eth is in a bubble I just shake my head. Worldwide, what is the percent if people that know how to buy a crypto? If 1% figured it out how fast would the price go up?

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