What asset did this year, it’s best for performance: Bitcoin, the gold or the silver?

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Beleggersveteraan Mark Mobius believes that bitcoin (BTC) only has intrinsic value if it is backed by gold it is. He indicated last month that the gold is at the moment koopwaardig at any cost. Whether it is 1,200 or 1.900 dollars. Quite a statement for someone who’s usually not so much on the precious metal.
From Bitcoin Magazine in the Netherlands, we can’t help but wonder what is running so far the best performance this year. Is bitcoin or gold? And what’s up with the little brother of gold, also known as the “poor people’s gold and silver?

Contents

The gold on the blockchain

The idea of the gold and digital currency, has always had an appeal to those of you who are looking for an alternative way of payment. Not long after that, the internet is mainstream and started to E-Gold in 1995 and emerged as the world’s first digital currency will be fully backed by gold…. The climax is made, millions of people around the world use this service.
It can also be an inspiration and called for the creation of bitcoin. Curiously, the E-Gold went down in the time that bitcoin, ten years ago, it made its entrance.
Now, the blockchaintechnologie is a completely safe method of accounting has been able to create it, and bitcoin is becoming more and more well-known to the general public, there will be a new era of gold-assisted cryptography, in the line of sight. There seems to be a true digital gold rush going on.
There are a variety of cryptoprojecten, gold, and other precious metals as well spend it on the blockchain. In fact, there are many.
Ekon, a Golden Currency, GoldFinX, GoldVein, Aqua, Airgead, Cyronium, DRCG coin, SPIRITS CORNER, Goldenugget, Guardian, Gold, Karatcoin, Kinesis, Troy Gold, AurumCoin, BlockNote, BlockStock, Cash, Telex, Darico, Digital, Gold, DigixGlobal, e-gold, Globcoin, GOLDFUND, Goldmint, GramGold coin, HelloGold, Jinbi, Karatgold, KaratCoin Bank, the Maya Preferred To 223, OneGram, Orocrypt, Pecunio, PureGold, and The Server Touch of Gold, TPX, Gold, Implemented, Aurus, Flashmoni, GoldCrypto, Goldma, Gold is the Standard, Non-Gold Coins, XGold, Anthem, Gold, AssetBase, BULIONBLOCK, Counos, Dignity, DinarDirham, Doradocoin Year Cryptocoin, FutureGold), (G) Coins, GODcoin, Goldchain, GOLD.IO, Goldlinks, GOLDUSA, LondonCoin, Register, November, OLegacy, Quantum Gold, Quintric, Tiberius, Coins, TokenOro, TPX, Gold, TrueGoldCoin, TxGold, USDVault, the Value of the Units, X8currency and ZenGold, just to name a few.
In addition, there are a number of cryptoprojecten backed by gold or any other precious metals that have been stopped or of which it is unclear what the future is going to happen. But what about the price?

Bitcoin

Bitcoin is, by some, referred to as the ” digital gold are known, seems to be a bit of interest today. The course already has a few months of sideways to up around $10,000. Still, this year, an increase of 278 percent! There, in January, about $3.700 koerste is now at a price of $10.400. Still 50 percent lower than its all-time high by the end of 2017, but sure to be a great return on investment (roi) for this year. But you know the best way to perform well in comparison to gold and silver?

Gold

The gold makes it just fine. It is for this year so far, an increase of 18.8%. In comparison to bitcoin is a bad result, but considering the fact that of gold for thousands of years, and the price is not so much on the hype, it is based on a little fact. Please note that all units will be found in the strong united states dollar. In other currencies, gold is almost everywhere, an all-time high of. Well, for example the euro, the Australian dollar and the British pound. In united states dollars, which is not the case at all. The stock price is above the all-time-high of 1,900 dollars released in 2011, was put in place. At the time of course, the yellow precious metal to the $1.523.
Central banks worldwide are purchasing all of years and years of constant gold. Think of Russia, or the empire of China. For Western countries, that is slightly more nuanced, given that the reserves for the vast majority consist of a gold medal. In other words, Our current monetary system, it is unofficially backed by gold…. Countries such as the Netherlands, the USA, Italy, Germany, and France are the major shareholders. All of them have a gold reserve of more than 60 per cent of the total reserves.
Also, investors seem to be waking up and choosing to flock to the precious metal. The holdings in the gold etfs, and funds that invest in physical precious metals, this year has risen to it’s highest point since may 2013. The assets in the global gold-backed etfs this year with an 8 per cent increase.

Silver

Also, the demand for silver ETF’s is an all-time high of. Investments increased at 101.9 tons, making the total last week amounted to 2.453,4 tons. It was up for a third consecutive month of increases, following the increases in June and July, with a combined value of 154,1 t. It is for this year so far, an increase of 17.5 per cent.
However, where the award in 2011, and the $50 visit course at the moment is around $19. It is a monetary precious metal, which, in addition to a heavy industrial application, it was for the past few months, as well as a decent run. Wednesday, made the precious metal a high of more than 19,30 usd per ounce of gold. Since then, the stock price starts to go down, with a current price of around 18,30 usd per ounce of gold. In may it was, the price was still at a low under-14,40 dollars per ounce.

It is clear that in all three, both as bitcoin, gold, silver, and a rising know. Each asset has their own reasons for doing so. Diversification of the three had been an investor this year and money put in. Or is that in the future, so only time will tell.
Source: Kitco, Coinmarketcap
(Photo: Flickr / Crypto360
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