Friday, November 29, 2013

Bitcoin (Digital Currency) Now Worth More Than Gold


You know that this is not going to end well when Bitcoin, digital currency, is selling for what gold is (1 unit of Bitcoin = $1,242).  Just look at that "parabolic" rise in Bitcoin.  It is hard to believe that individuals actually believe that a digital unit code currency is worth the same as an ounce of physical gold.  Can anyone say, insanity/mania?  And, Bitcoin is not the only digital currency; it has 37 brothers and sisters that one can purchase.  I don't know about you, but I will take the physical gold any day over all those digital currencies.

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