Bitcoin and Gold Correlation at All-Time High as Prices
What is Bitcoin Gold, Exactly? - Investopedia
Gold Industry Shaken as 83 Tons of Fake - Bitcoin News
Bitcoin Gold (BTG) is an open-source, community-driven cryptocurrency. We share a codebase and blockchain history with Bitcoin, but bring mining power back to individuals by preventing ASICs from overpowering the hashpool. We're pro-Bitcoin and pro-crypto, and we're here for the long haul!
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Hi - Long time reader, first time poster. :) A friend of mine was an early miner back in early 2012 and I became an enthusiast while watching him. I was hesitant to invest myself, but when I saw the price shoot from less than a dollar up to $15.00 by late 2012, I bought 200 coins for like $3k, a huge financial undertaking for me at the time. I thought then that I had missed the boat and may have bought in too late. Holding through 2013 I enjoyed quite a ride, cashing out at the peak of '13 and then buying back in on the decline at $600.00 in 2014 accumulating more coins. Since then, I've held through the peaks and valleys to date and have been as hopeful as everyone to see the return to $1k+. The Mt Gox hack was an eye opener for me in 2013 as far as security and I even lost 50 coins last year by a phishing troll on a web based wallet, amounting to $12k loss. Learning lessons and still hanging in, I was looking forward to the halving and honestly thought we'd see a price revisit of $1k+, but regardless, I enjoyed the price increase to where it took us. So I got married a month ago and now my responsibilities have shifted. Over the years and especially over the past two, I've been anticipating and expecting much broader acceptance and usability of BTC. Most recently, the Bitfinex hack and the price plummeted albeit eventually rebounding to within $100 or so from where it was before the hack. But I'm noticing some long time holders to be losing hope that BTC will ever be fully accepted as a legitimate currency or main stream method of commerce. Now I find myself wondering too. My wife and I were talking last week about diversifying just "in case" the bottom falls out. Although I'm convinced an economic meltdown is coming, I now find myself in a bit of angst wondering if BTC will be better considered by the masses even if/when the SHTF. So yesterday I did what I thought I'd never do. I converted 2/3 of my coins into gold for better peace of mind knowing gold has always been a main standard of value during economic turmoil. I still have some BTC too. But I'm just curious if anyone would care to share their thoughts on my shifting spirits.
Bitcoin Vs. Gold $1 Dollar Investment Since Inception . Woo Tweeted, $1 invested over 10.7 years… Today’s value: Bitcoin: $12.8m (a luxury yacht) Gold: $1.66 (a snickers bar) Gold Bounces Back, Will it Hold? The economy has restarted after the lack-down and the stock markets are back to its’ high. Bitcoin gold was a hard fork of the original open source cryptocurrency which took place on October 24, 2017. While hard forks take place for a number of reasons – including for the purposes of What is good for gold is good for bitcoin. —-Clem Chambers is the CEO of private investors website ADVFN.com and author of 101 Ways to Pick Stock Market Winners and Trading Cryptocurrencies: Bitcoin Gold (BTG) is a fork of Bitcoin that occurred on 24 October 2017 on block 419406. Bitcoin Gold changed Bitcoin’s proof-of-work algorithm from SHA256 to Equihash rendering specialized mining equipment obsolete in an attempt to democratize the Bitcoin mining process. Bitcoin Gold is extended by Lighting Network, which scales to route nearly limitless payments per second. This is an example of a "second layer" solution living atop the main blockchain. Second layers and side chains enable technologies like smart contracts which can run at blazing speeds, secured by the underlying BTG mainchain.
👉 Bitcoin: The End Of Money As We Know It https://amzn.to/31TXAqX 👉 The Death of Money: The Coming Collapse of the International Monetary System https://amzn.to/2L2688q License Bitcoin Gold is a community-led project to create a Bitcoin hard fork to a new proof-of-work algorithm. The purpose for doing this is to make Bitcoin mining ... The reasons to hold either gold or Bitcoin are similar, yet the two assets possess different tradeoffs and risks. Bitcoiners often refer to Bitcoin as digital gold or gold 2.0, as they consider it ... We're pretty sure you've wondered - Gold or Bitcoin? If numbers and logic are true, Bitcoin has already outperformed Gold in the returns race. However, we would not want you to just believe it. We ... Bitcoin Gold (BTG) touched a new low end of September 2019, when it briefly visited the $4.15 price. This came after three consecutive months of erasing all the gains from the prior three months.