Topic: Bitcoin as a better store of value than gold - page 8. (Read 20530 times)

When we compare this two storage of value , they are both good storage  of value , but for gold , yes it is true that gold is a stable storage of value as it grows old ,the value is getting bigger value ,little by little, for bitcoin it is also good for storing value but when the market is hit by this price downfall ,then the value will be changing from time to time.

Even if you take into account the fact that bitcoin mining will end much faster than gold already says that this is a more attractive investment, the more bitcoin attracts with its non-standard, in the sense that you do not need to have a lot of money to invest in the long term that would be good to make money on bitcoin if you believe in the technology and growth of bitcoin in the future like me !

Well, I don't see much difference in storing value either in the crypto or in gold but the actual difference comes into the picture at the time of managing denominations and transferring those values. Yes, there is a certain limit on holding gold in physical form and that limit differs from country to country which also encourages smuggling. However, when it comes to the cryptocurrencies we certainly have some advantages in managing those values and on the other hand, there is no interference of the third party including the government.

Bitcoin is too volatile to be compared with the gold. Gold prices are more stable. I think that if you do not want to risk, you must better invest in precious metals. However, the returns from the crypto may be better.

Bitcoin currencies will always offer a variety of conveniences. which is certainly an option for many business people, we can save saving a lot of money and at the same time we can do various kinds of transactions between countries.
things that cannot be obtained if we save in the form of gold, we should change our mindset in the modern era we must use various kinds of facilities offered by bitcoin to do various types of trade. infestation in the form of gold is not suitable in an all-digital era.

now you are just being ignorant after months of the same things being said. but your own post history can remind you if you genuinely cant even remmber your own converastions
removed: fee priority mechanisms, prices 2009-2015 were pennies. now they are more
stalled: BITCOIN NETWORK scaling: 2010 the 7tx/s number was known .. (600k tx a day) show me a day exceding 600k tx
sidestepped: many things. read the 2015 roadmap where things were meant to move along in weeks/months to scale BITCOIN NETWORK where the actual results of2019 are a tx format that is a gateway to another network and a bloat expansion (not to scale up) to try avoiding reduction of tx counts to fit bloated new features
the MoV: the very devs you love to defend are the ones shouting that bitcoin cant scale. even you and your buddies are of that mindset that bitcoin cant be MoV and will be SoV

seems you have become ignorant, and even forgetting your own mantra's and mindsets on the issues


i can write a transaction on a piece of paper and hand it to someone. guess what it wont be considered a bitcoin transaction.
first rule of bitcoin/blockchains.. if its not on the blockchain it didnt happen
learn the terms "confirmed" "settled"

secondly the LN transactions are not blockchain transactions. ther is no guarantee that they will ever be blockchain transactions. so at best they are promises. and we all know promises can be broke.

even the LN devs admit this. that they are a future promise to pay. much like showing off a bank statement that you are well funded but writing an IOU that gets adapted and re-signed before being settled

i say this with actual sincerity
ACTUALLY RESEARCH LN!!!!

oh and let me guess tether is actual dollars will be your next rebutt.. think about why tether is not actual dollar. and think real hard about the reality of LN. not the fluffy pony hopes your buddies promote to you that LN will work out in the end and will be utopia

Stay far and different between gold and bitcoin. both are different. gold is better than bitcoin. even though the price can't be that big. but the risk is not so great compared to the very volatile bitcoin

Bitcoin and gold have their own advantages and disadvantages. There are weaknesses and advantages to both. But if you look at the real evidence in the field, gold will certainly be slightly superior because the price is relatively stable and has been proven to be able to exist in a very long time. Indeed, we can store as many bitcoin as we want, but it is too risky because of its high volatility.

We cannot compare Bitcoin and gold. Each of them has their own advantages. Sure, in the cryptoworld Bitcoin often is considered to be a crypto gold. But anyway, due to high volatility and different political attitude towards cryptocurrencies, no one can exactly say when the era of Bitcoin will be finished. As for the gold, it will always has a high value.
As for Bitcoin, it is a digital asset, and there are plenty of advantages to transfer it via internet. In view of the fact, that internet transfers are getting more popular, Bitcoin has all chances to move upwards in near future.
However it will never become a better store of value than gold.
 IMHO

it is possible and it is possible for all possibilities to occur without anyone being able to know with certainty that if seen from the value, indeed the value of bitcoin is currently more than gold and for its impermanence no one can predict for sure

Considering the aspects of scarcity and exchange: they have in common that they are finite resources but regarding bitcoin we know immediately how many there will be in all and hasn't no logistic problems related to the transport,however, bitcoin relies heavily on the internet to be moved 

Gold was discovered 7 thousand years ago. But humanity was understood that gold coins and bullion are not the most convenient way to calculate. Therefore, the first paper money appeared. In fact, it was a receipt for gold. Later, the authorities offered people "state guarantees" and national currencies appeared. Gold, in turn, has become a means of storing capital and has moved into the class of investment assets.

1. gold reserves and the number of bitcoins are limited.
2. Both assets have approximately the same value in different countries of the world.

The same reasons that gold has given way to national currencies will sooner or later lead to the transition of mankind to its digital counterpart because it is much easier and cheaper to store and transfer money through the blockchain

So the Bitcoin market has room to grow.

Bitcoin is digital gold that can hit the financial world so many banks don't like it. Bitcoin does have a decentralized nature that cannot be controlled differently from gold which has a real physical and weight, but gold storage must be safe and requires real and feasible space. Bitcoin is sometimes less secure than hackers but has more security if we can store it well and wisely.

What was removed, stalled, or side-stepped? You can use Bitcoin on-chain transactions all day, everyday. Go have a ball.


What are you talking about? Bitcoins sent through the Lightning Network are not "promisory transaction mediums", there are no "promises to pay", they are Bitcoins.

  The value of gold is not a good right now because of
Over stocks in the market. Since bitcoin is the latest and the new era of opportunities ,even if it is a high risk, because of the mobility and volability of the market, we a chances to success. Business is like a gambling you cannot success if you can tested.











 

From the point of view of the possession of their funds, bitcoin wins on all counts.

Yes, Bitcoin is better than gold to reserve because bitcoin will have a great future and it is fixed supply compare to gold that's why bitcoin is still better to restore than gold.

Only one thing why many people keep investing their money at bitcoin than gold because bitcoin have speculative price than gold, look and check how many time bitcoin could growing up and down price, but for gold have little change price.

I think it's not about which is more expensive between bitcoin and gold, our concern is which is safer to maintain the value of your money for a long time, and we know that bitcoin has very fast fluctuations, how can it make bitcoin a good store of value, if the price have fluctuates? I think gold is much better

Well, I don't think bitcoin has a better store of value than gold. This is a wrong comparison. Gold has its own range of items that you can compare to but not bitcoin. On the other end, bitcoin presents financial freedom to everyone. One thing people need to understand is that Bitcoin is not an asset, its just a digital currency to help present financial freedom to everybody. People needs to get this fact right.