Compare precious metals to cryptocurrency Gold=Bitcoin

in gold •  7 years ago 

I have dealt in the precious metals market for about 10 years, and i cant help but see the direct correlation between precious metals and cryptocurrencies. We have been told that one should be higher than the other and we accept that. Unlike the disparity between gold and silver values Ethereum will close the value gap. Moving forward I believe the value of an Ethereum will not be 8% of a Bitcoin but more like 25-30% of a bitcoin. Once mass adoption of cryptocurrencies for investing longterm occurs it will be interesting to see which coins will adopt currency only power. A crypto standard.
Bitcoin$11,000 = Gold $1,300
Ethereum$900=WILDCARD
Litecoin$210 = Silver $16.50

gold bitcoin silver ethereum litecoin
7 years ago by

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