Here’s why bitcoin isn’t the next gold, in one chart

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The narrative that bitcoin is a hedge against market turmoil and will one day replace gold as the go-to haven asset is banded around the bitcoin aficionado circles with little push back.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It wasn't

Thats better Gold

You just played yourself

I would unfollow you if I were following you in the first place. Sensationalism at its purest form lol

You are going to have to do better than that guys! Really!

1 BTC = 1 BTC

You can’t base performance off 1 quarter lol I’m sensing some bias

Now try 10 years chart?

wait, what? a q4 chart only? 😂😂😂 show them the 10 year chart! but note the point of bitcoin isn't about charts, it's about having control over your own resources

Bitcoin is the only sound money.

Bitcoin is a decentralized, digital, borderless, immutable, censorship-resistance store of value with a maximum supply of 21 million units. It’s still new technology. Gold had been around since before the dinosaurs so a chart displaying 3 months to compare the two is useless.

Maybe 10 years 1:1:1 charts? ; ))))))))))

Wow... Marketshit working

NASDAQ is down 60% since October?

next time take last 5 minutes chart, it will tell more

Bitcoin isn't gold, it's uncensorable free speech money.

Bitcoin isn’t even the next Bitcoin.

MoonOverlord

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

American and other airlines are gearing up to report earnings. Here's how to play itHere's how two market experts are playing the airlines going into earnings
Source: CNBC - 🏆 12. / 72 Read more »

What you need to know about the marketsToday’s top business headlines with ChristineRomans before the opening bell: - Dow closes up 171 points - White House advisor: Economy could show zero growth - China to become world’s biggest retail market - Hulu to drop price of its basic plan ChristineRomans How's unemployment? ChristineRomans 💜✝️ ChristineRomans
Source: CNN - 🏆 4. / 95 Read more »