Effect of higher value of bitcoin

[gotbounty]

Bitcoin is indeed a high influence on other coins in the Crypto market. for now Crypto currencies are very popular among the world compared to others. in my opinion between the price of bitcoin and the price of gold in the world there is no connection.

[capt ronald]

What is the effect of higher value of bitcoin to the price of gold in our contemporary world wherein cryptocurrencies are now very popular and widely patronize?

Gold is still on demand compare to bitcoin it's because the price of gold did not fluctuate unlike bitcoin which is so very volatile.

[Sentinel]

If you ask about the influence of Bitcoin on Gold it will probably not have an effect. even in terms of my form it is far different. So the difference is this, because the price of coins in Crypto up and down can be very significant. Whereas Gold fell only a few percent, not so big. And also Gold always rises every year, rarely does the price of Gold weaken.

[leodiaz]

There is no influence of bitcoin on gold because they are different. I think old people prefer gold investment compared to bitcoin. So even though bitcoin is increasingly popular, it will never drop the price of gold to a lower level.

[jonathancool220]

You can get a lot of money from your trade.
Because 1 Bitcoin Ends 6500 USD then you compile 100% profit in 1 hour, that is a great value.

[david2334]

An advanced value of Bitcoin frequently signifies increased interest and investment in cryptocurrencies. [https://www.coupontive.com/view/credit-firm]Credit firm coupons[/url] can lead to lesser eventuality for gains but also advanced volatility and threat. Dealers and investors should stay informed and exercise caution in this dynamic request.

[cryptoworld1]

 Decreased activity in the market, the growing crisis in China's property sector, and a report that SpaceX has sold at least some of its bitcoin holdings.That the cause Effect of higher value of bitcoin.

 What's your opinion?