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Op-ed: Did Bitcoin’s Q4 2018 Price Performance Prove It’s Not Digital Gold? Think Again


Writing for Market Watch Tuesday, Aaron Hankin asserts that Bitcoin’s price plunge along with the NASDAQ and other equities benchmarks in Q4 2018 proves Bitcoin is more like a tech stock than digital gold as some Bitcoin proponents have characterized it. Typically when soft assets like stocks and bonds are in free fall, investors’ money flees into hard assets like precious metals for shelter from the market turbulence. That’s exactly what happened with gold in Q4 2018. As Wall Street crashed and burned, the spot price of gold was buoyed by investors looking for relief from the hemorrhaging. If Bitcoin

Op-ed: Did Bitcoin’s Q4 2018 Price Performance Prove It’s Not Digital Gold? Think Again by CCN



Read Full Story : CCN

2019-02-01 14:44:15

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New Malware Targets Apple Mac Computers to Steal and Mine Cryptos

Why Bitcoin [BTC], Litecoin [LTC] & XRP are Inevitably the Future of Money, shares deVere Group CEO