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$1,391.7 gold futures

A bit coin crash will be good for gold maybe. :P

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Hardrock25

3,037 Posts.

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15/05/17

23:54

Post #: 24705489
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Originally posted by AverageJoe ↑

Bitcoin is great for the underworld; drug money, ransom ware money, anything illegal requiring a monetary transfer that is untraceable. I don't buy this excuse it isn't manipulated or a fiat. If the US decided to restrict transaction because all illegal activity transfer their dealing to this medium the govt policy will destroy value with the strobe of a pen. People seemed to have forgotten a few years back when it crashed. Now when I hear commentaries of 'this time it's different' and the index is in an exponential rally I think this has a greater chance of crashing than US equity indices.

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A bit coin crash will be good for gold maybe.
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