The bitcoin effect on other investments

[eLdavis]

To some extent as we can see the presence of Bitcoin has affected the rate at which people invest in gold. Personally I believe gold would remain in the market for a very long time. Yes there have been a decrease of investors but it cannot be removed completely as there are certain persons who still see gold as a valuable resource.

 

[joy101]

Bitcoin investment is really a good one because you make money from it, and because bitcoin is on top and many people like investing their money on bitcoin.

 

[Heatman]

Most people who are into online trading are the ones that are majorly affected by the behavior of Bitcoin with how its price keeps fluctuating.

 

[Hasan Raza]

Yes, of course every thing in any aspect may be the competitor of another thing. From a few years the cryptocurrency brought a great change in the monopoly of goldsmiths. But it has also drawbacks and govt of any country is trying to resolve this issue but fail in doing some serious clearance.

 

[Heatman]

Before I started cryptocurrency trading I never really understand the behaviour of Bitcoin but ever since I joined cryptocurrency trading I have seen how stupid bitcoin can be when it comes to influencing all trades.

 

[Justin]

If Bitcoin is legally accepted every where and it Bitcoin is used for foreign trade instead of USD or Euro, I believe Bitcoin will sideline all other investment. It is already a big asset.

 

[greenie]

Several investors are probably bored with the stability gold has been exhibiting where investments are concerned so I wouldn't blame them if they divert more funds to bitcoin than gold.

 

[Sincerem]

Gold have been in-demand for years now, but this time it's been usurped by another asset in BTC, which is the most in-demand at the moment, when it concerns payment and investments.

 

[Smiles20]

Bitcoin is just a project that is just starting and I really doubt that it is going to replace gold as a sustainable store of value. Bitcoin is much more volatile than gold at the moment.

 

[Sotherefore]

Cryptocurrency has its own value while silver or gold have its own value too. Both of those three things are not the same. I believe as long as their value is still in existence the price of each will increase according to their prospective demands.

 

[Chibson]

what every investor is looking at is the return of investment. If Bitcoin can give them higher return of investment then they have no other option than to invest on it and get their profit.

 

[Smiles20]

This is something that really annoys me whenever it happens because there are a lot of good projects that I just keep going down because the price of bitcoin is not stable.

 

[greenie]

Several investors are probably bored with the stability gold has been exhibiting where investments are concerned so I wouldn't blame them if they divert more funds to bitcoin than gold.