Bitcoin Favorite as Long Term Investments in Former US Rep Ron Paul’s Twitter Survey

In reply to a survey on Twitter, the majority of the people, nearly around 50% answered that they would prefer to receive their $10,000 in Bitcoin. Gold preferred to be the second favorites as 37 percent people voted favoring it. The others went for U.S. 10 year treasury bonds and U.S. dollar by 11 percent and 2 percent respectively.

An analyst at Fundstrat , an advisory firm, has predicted that Bitcoin will take “weeks if not months” to recover and analyst at Bloomberg intelligence say that the coin’s price could be on its way to $1500. Although it had lost over 24 percent , Bitcoin’s price had recently been stable for a, long time.

A similar survey was conducted by Former Texas representative , Paul on Dec. 5, 2017, when the results were nearly the same as compared with the recent survey. The U.S. Dollars fared the same and Bitcoin received just 4% more than in the most recent poll.

At the time of December 2017, Bitcoin was about to hit its all-time high of $20,000. Its price was around $11,500 during the survey happened then.

The founder and CEO of Crypto Investments and Advisory Business Onchain Capital, Ran NeuNer conducted a survey but more cryptocurrency-centric survey on Twitter. In his version of the poll, the possible answers to the same questions were Bitcoin, Ripple (XRP), Bitcoin Cash Satoshi’s Vision and American Airline Miles.

With still three hours left in NeuNer’s poll to end, most of the respondents are favoring XRP with 52 percent vote. The second most popular answer is Bitcoin (39 percent), the third is American Airline Miles (7 percent) and the least popular is Bitcoin Cash Satoshi’s Vision (2 percent).