Are Cryptocurrency Will it become like forex trading?(BTC:Gold)

2017年9月13日

Cryptocurrency: Will it become like forex trading?

First, all that is said here is from my point of view which may be right or wrong.

So please any negative comments are not welcome here.


BTC: Gold of this Century

If you look at the history of gold you will find what I mean in a short moment.

In 1257 the price of an ounce of gold was at £.89.

Sure you and I know what that means.

Gold was not equal in ancient times.
Before the late modern period: How Gold became Gold

If you look at the Pharaonic history, you will find that gold was nothing to them, everything they had was made of gold.
They used it for personal adornment etc.

Until Contemporary history.

Then Gold became Gold. The price started with £.89.

In 1257, Great Britain set the price of an ounce of gold at £.89. It raised the price by about £1 each century, as follows:

1351 - £1.34
1465 - £2.01
1546 - £3.02
1664 - £4.05
1717 - £4.25

After that the United States used the British gold standard until 1791 when it set the price of gold at $19.49. In 1834, it raised it to $20.69.

Gold got to $1900 in 2011 in the present century.

From 0.89 to $1900 Gold has gained profits throughout the ages.

BTC: Gold of this Century

He moved quickly and gained what gold gained in centuries. He gained it in a few years.

So yes, BTC the GOLD of this Century. Without any disagreement, everyone agrees.


But what does this have to do with our subject?

Everything in this world does not move in a random way, but everything was created for a reason. That's the first point.

But is it reasonable for the world's scales that BTC continues this process and continues to rise?

From our side we say: "sure why not? we love green." :)

But perhaps the dominant force has another opinion about that.

We mentioned in a previous publication concerning that point. We specifically said:

"If that process continues, everyone will be rich and bankers and banks should stop printing money and buying mining equipment"

Maybe we should sell everything we have and buy BTC:)

So from my side i expect BTC has done his rise for a while.

But at the same time BTC will not return to the bottom again.
But will become like gold. Achieved his goal and built his own empire and will only roam freely.

From that point, we expect BTC will take another way of moving. Maybe it will be like forex trading.

The range
$300/$600. Big deal will be $1200 per month

Why do we expect that?
Certainly, the market and investors unanimously do not accept the idea of falling down.
If that happened, like in 2013,
it would create a lot of chaos and everyone would lose confidence in currency trading.
The market will lose most of its investors who have been attracted over the years.
Certainly, this is not the goal of the market maker.
And the market maker here,
they started the real idea of currencies and not currency developers.
Of course, big organizations are behind that market.

Not just developers or anything like that.
And of course, they have full control over this market and with prior agreement both with governments and large investors.


This is very clear to see in reality.
See when the news or government statements appear
or the time of ignoring the declaration of something at the time.

Just like puppets moving by their hands.

In the end all this just a personal point of view. It may be right or wrong.
From my side i am waiting for the end of this month or the middle of next month to see any future direction which the market will take.
Would you like Forex?
Or will he keep his style with the same flow and movement?
At the end
we ask Allah reconcile and repay

Source of the Gold History
thebalance.com/gold-price-history-3305646

And many thnak's for Mr.Dubee83 for helping me and his time

2018年3月16日

註釋

Market regulation
Few steps to trade like the Forex market