RE: Steem vs BTC: Why we could see Steem overtake BTC as the #1 cryptocurrency soon.

You are viewing a single comment's thread from:

Steem vs BTC: Why we could see Steem overtake BTC as the #1 cryptocurrency soon.

in steemit •  8 years ago  (edited)

Gold is in my opinion not a speculation (btw). It´s rather an insurance.

steemit
8 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
    1 vote
    2
    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!
    Sort Order:  
  • Trending
    • [-]
      ·  7 years ago 

    That is a good thought, because some people did Not have direction on there own.

    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
      2 votes
      [-]
        ·  8 years ago 

      Fundamentally, all insurance is speculation; the purchaser is gambling that their cost for maintaining insurance will be less than what it will pay out (plus any value from peace of mind), while the seller is gambling that their income from the sale will tend to exceed their cost from payout.

      So if buying gold (or any other investment not tied to a given currency) buys you something of intangible value (peace of mind), go for it. But don't assume it's not a gamble.

      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