BITCOIN AND GOLD – “TO COMPARE THEM IS MADNESS
Bitcoin and Gold have been debated on for some time now that their characteristics are alike, “To compare them is madness.” John McAfee, founder and CEO of McAfee has stated in his latest tweet, “The difference between Gold and Bitcoin? Gold is a commodity, occupying space, with mass, temperature, shape. Bitcoin is an idea, made manifest through a series of numbers, with no true location or substance – a clever concept with infinite fluidity. To compare them is madness.” McAfee is not alone in his thoughts that Gold and Bitcoin should under no circumstance be compared with each other. Recently …
BITCOIN MAKES 457% RETURN IN 2 YEARS – DOW LEFT FOR DEAD
If you invested in Bitcoin two years ago chances are your spending your returns to travel the world, eat out at expensive restaurants, buying holiday homes around the world or making further investments. In the last two years alone Bitcoin has made a return of more than 457%, outperforming the S&P 500, oil, gold and the Dow Jones. To Put things into perspective for you, below is what the other investments would have made you over the same two-year period. S&P 500 – 19.9% Gold – 1.3% Oil – 31% Dow Jones – 26% Bitcoin – 457% These large returns …
BTC OUTPERFORMS NASDAQ IN Q1 OF 2019
We are only in the first quarter of 2019 and it is already safe to say that Bitcoin (BTC) is having a great start to the year. Since the beginning of the year the cryptocurrency has already gained around 40 per cent of its value, soaring to outperform NASDAQ, the S&P 500 as well as most commodities such as gold and oil. Bitcoin’s success does not stop there however; it has also managed to outperform the stock value of marquee companies such as Amazon, JD.com, iQiyi and traditional assets, stocks and indexes. Bitcoin is currently sitting at USD $5,568.53, and …
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