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Bitcoin Forum / Re: Has BTC really become more attractive than gold?
« on: May 09, 2024, 11:57:33 PM »
Thanks for sharing this news with us as I did not know about Nilam before and how they are going to buy a MindWave company which has around 24,800 BTC. I am wondering why they are buying this company as they can directly buy 24,800 BTC which could add more demand in the market and price could go up. Well, I wonder at what rates they might have bought it. Besides this amount is not small, as at the current market price it is almost nearly $1.5+ billion. A gold mining company buying that much BTC is not a small thing.
2. Yes, I think BTC has way more potential in compared to Gold, but it would be idiotic if we kept all of our funds in BTC only as diversification is necessary to minimize the risk of losing all of our funds at once.
3. I think yeah.
I would like to know your views on BTC and gold:1. I am investing in BTC as it have more potential in compared to Gold.
- Are you investing in BTC or gold?
- Do you think BTC has become more attractive than gold in the investment sector?
- Have people like Peter Schiff accumulated a lot of BTC while still badmouthing BTC in the media?
2. Yes, I think BTC has way more potential in compared to Gold, but it would be idiotic if we kept all of our funds in BTC only as diversification is necessary to minimize the risk of losing all of our funds at once.
3. I think yeah.