Bitcoin Not At All The Same As Gold: Vince Lanci

Bitcoin Not At All The Same As Gold: Vince Lanci
Meditations / Pixabay

Cryptocurrencies have been the talk of the markets, with bitcoin leading the pack of digital currencies to all-time highs. However, one analyst closely monitoring the market says he’ll wait on the sidelines for now. ‘You have to say they’re in a bubble…I will not buy bitcoin or any digital currencies currently for fundamental reasons,’ Vince Lanci, contributor, told Kitco News. Lanci said he expects Bitcoin and alternative coins – or alt coins – like Ethereum and Ripple to remain volatile. ‘You’re buying something that has more volatility, if not more, than the Nasdaq,’ he said. Bitcoin is dominating the other digital currencies, surpassing the price of gold and hitting an all-time high of $2,791.69 per coin last week. Although Lanci said he buys into the technology behind the cryptocurrencies, he doesn’t see them replacing gold any time soon.

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Published on Jun 1, 2017

We’re excited to announce the latest release in our Modern Ancients series of beautiful, collectible silver is now available: the Athenian Owl. As a loyal YouTube subscriber, we’d like to offer you a limited-time, introductory discount: Just use offer code OWL17 at to receive special savings on this stunning interpretation of a classical coin. The 1 oz Athenian Owl Silver Round is the highly anticipated 4th release in our Modern Ancients series.
Each Modern Ancient brings a coin from antiquity back to life with a contemporary twist. They are a true celebration of the prosperity of the great civilizations which used them. Modern Ancients are collectible silver rounds at affordable bullion pricing. Investors and collectors alike treasure Modern Ancients for their quality minting, spectacular designs, and of course, their rarity. After August 30, we’ll stop minting the Athenian Owl and it will never be produced again.

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