Bitcoin is almost triple the price of gold – here’s what traders think you should buy

Bitcoin is almost triple the price of gold – here’s what traders think you should buy

  • Two traders are unfazed by bitcoin’s meteoric surge and say that between the cryptocurrency and gold, you’re better off trading the yellow metal.
  • Bitcoin has jumped 240 percent this year to a high of $3,288 on Wednesday, while gold was trading at $1,280.
  • But despite the bitcoin gains, Brian Stutland of Equity Armor Investments and Path Trading Partners’ Bob Iaccino believe gold is still a better bet than bitcoin from technical and fundamental perspectives.
  • In order to catch up to all the action bitcoin is seeing, Stutland wants to buy gold at the $1,265 level, targeting a move up to $1,285 by December expiration with a stop at $1,250, a key support level that gold has held, according to the trader.
  • Bitcoin, on the other hand, dropped more than 3 percent Wednesday, reversing some of the cryptocurrency’s gains from the week

In the battle between bitcoin and gold, two traders are making their case for another rally in the yellow metal.
Continue reading “Bitcoin is almost triple the price of gold – here’s what traders think you should buy”

9 Things We Bought With Bitcoin

  • In this case, we literally have no other option than to pay with Bitcoin.
  • The China-based travel agency Young Pioneer Tours has 9 years of experience of organizing tours to North Korea, and can help you with flights, hotels, visa and a tour guide.
  • We constantly want to talk about it, tell others about our trip to North Korea, and how we were able to tweet pictures the entire trip from one of the most heavily locked down countries on earth.
  • So now we have shoes from Iran, been to North Korea and have these stylish new socks.
  • For more privacy, it makes perfect sense to not use your credit card (which is connected to your real name), but instead the pseudonymous currency Bitcoin.

You’ve got to admit that everyone likes to go shopping once in a while, whether it’s to buy that designer shirt you’ve been eyeing or those nifty gadgets…
Continue reading “9 Things We Bought With Bitcoin”

9 Things We Bought With Bitcoin

  • In this case, we literally have no other option than to pay with Bitcoin.
  • The China-based travel agency Young Pioneer Tours has 9 years of experience of organizing tours to North Korea, and can help you with flights, hotels, visa and a tour guide.
  • We constantly want to talk about it, tell others about our trip to North Korea, and how we were able to tweet pictures the entire trip from one of the most heavily locked down countries on earth.
  • So now we have shoes from Iran, been to North Korea and have these stylish new socks.
  • For more privacy, it makes perfect sense to not use your credit card (which is connected to your real name), but instead the pseudonymous currency Bitcoin.

You’ve got to admit that everyone likes to go shopping once in a while, whether it’s to buy that designer shirt you’ve been eyeing or those nifty gadgets…
Continue reading “9 Things We Bought With Bitcoin”

9 Things We Bought With Bitcoin

  • In this case, we literally have no other option than to pay with Bitcoin.
  • The China-based travel agency Young Pioneer Tours has 9 years of experience of organizing tours to North Korea, and can help you with flights, hotels, visa and a tour guide.
  • We constantly want to talk about it, tell others about our trip to North Korea, and how we were able to tweet pictures the entire trip from one of the most heavily locked down countries on earth.
  • So now we have shoes from Iran, been to North Korea and have these stylish new socks.
  • For more privacy, it makes perfect sense to not use your credit card (which is connected to your real name), but instead the pseudonymous currency Bitcoin.

You’ve got to admit that everyone likes to go shopping once in a while, whether it’s to buy that designer shirt you’ve been eyeing or those nif…
Continue reading “9 Things We Bought With Bitcoin”