If so, which? I would like to purchase a bunch of the cheaper crypto so that if/when it rises in value I may get something out of it. Anyone know a good one to invest in?
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Gold value vs Bitcoin value estimated from usd value.
It goes down for two reasons, A. Bitcoin goes up in value much faster than Gold, B. Because gold is not convenient to trade, banks sell fake gold certificates which inflate the gold price, this because they can sell more of those than the amount of gold they have in their vault.
If gold trading was only done with real actual gold, the gold price would be much higher and more volatile.