Interesting comparison?
Bitcoin are close to gold and have same huge value but the most safest is gold because in bitcoin no one can sure if it still exists after ten years or more.
The gold are still a gold and have a value.
Topic: Bitcoin is gold? - page 3. (Read 848 times)
I dont realy bilieve that paper money will lose someday and replace by crypto currency in the future because fiat money and crypto currency have there own unique advantage to each other. Bitocoin advantages is peer to peer transactions without limit and faster specialy in long distance payments. Fiat money advantage in bitcoin when it comes to offline transaction and face to face or hand to hand transaction which is fiat money is more faster than bitcoin and fiat money can transact offline.
I think bitcoin is digital gold because bitcoin values continue to rise, especially now that bitcoin has overcome all the negative issues that some are very strong and could make the price drop, I'm sure that someday bitcoin better than gold.
Yes Bitcoin is the Gold of this age, there is a clamour for cashless policy globally, Bitcoin is the answer to the real cashless policy advocacy, As BTC is accepted globally this will ultimately increase it value and relevancy.
I think it's true bitcoin is new gold because there are many similarities between gold with bitcoin. Bitcoin and gold are completely different on their purpose. Bitcoin has many advantages compared to gold. More and more merchant start to accept bitcoin payments but not for gold.
Yes it is,Bitcoin is gold,for me I think that the value of bitcoin is comparable to gold as precious,valuable that once you can have it,you will do everything just to preserve and take care of it.When it comes to value,Bitcoin has the value like gold,once you have it it can change your life better financially,Bitcoin also is like gold in the sense that this can provide you security for your family and the life in the future.
To explain the exponential growth of Bitcoin in 2017, the supporters of the numbers often return to the refrain used to: think of Bitcoin as a digital gold, a way of "hoarding" which, like the precious metal itself, does not necessarily have many practical uses that are of great value.
The price of a Bitcoin - which for the first time surpasses the price of gold nearly a year ago - is now more than seven times the value of an ounce of gold. Note that this is a comparative rate after the recent fall in Bitcoin prices, which currently hover around $ 8,000, less than half its all-time highs. So bitcoins are like a digital gold.
The price of a Bitcoin - which for the first time surpasses the price of gold nearly a year ago - is now more than seven times the value of an ounce of gold. Note that this is a comparative rate after the recent fall in Bitcoin prices, which currently hover around $ 8,000, less than half its all-time highs. So bitcoins are like a digital gold.
i think ya, because bitcoin already resembles gold in digital form.
i like bitcoin because bitcoin price so high...
i like bitcoin because bitcoin price so high...
Bitcoin has all the same characteristics as gold. such as: The amount of Bitcoin is limited
and Bitcoin can be broken down into smaller units without losing the value of the unit. Bitcoin technology is also stable and will not experience degradation, nor is it possible to be made fake Bitcoin.
In addition, Bitcoin is better than gold because, you can move Bitcoin anywhere in the world in minutes, regardless of the amount of Bitcoin.
That's why people call Bitcoin a digital gold. In other words, I believe bitcoin will be like gold, The better gold.
and Bitcoin can be broken down into smaller units without losing the value of the unit. Bitcoin technology is also stable and will not experience degradation, nor is it possible to be made fake Bitcoin.
In addition, Bitcoin is better than gold because, you can move Bitcoin anywhere in the world in minutes, regardless of the amount of Bitcoin.
That's why people call Bitcoin a digital gold. In other words, I believe bitcoin will be like gold, The better gold.
Yeah bitcoin is like a gold thing. And very valueable asset is very great to know this great thing but gold is hard to get and that same like bitcoin it self rigjt now
I don't think that Bitcoin is gold but it is something that we have never experienced before and there yet not sure how to classify it. To be honest, I don't find any similarity between Bitcoin and gold and hence it would be a very bold statement to call Bitcoin as a gold. As far as pricing part is concerned, we are at in the initial phase and we don't have a concrete user base as compared to that of gold or Fiat currency users, on the top of that most of the people using Bitcoin are not aware of the responsibility part and there are some maturity issues so overall things are not yet developed. I believe that Bitcoin and cryptocurrency is will not only emerge as a new asset class but also it will inculcate a revolutionary change in our society.
Yeah dude Bitcoin is gold. though in the sense of outside Bitcoin is not gold, having Bitcoin is like having gold. Bitcoin is the most valuable cryptocurrency and coin in the Crypto world. people all over the world want Bitcoin more than gold. that's why I think Bitcoin is equal to gold.
bitcoin is in no way tied to gold, and does not depend on the amount of gold mined and its value, bitcoin depends on the capitalization and popularity of investors
I watched a video telling that every paper currency in history all collapsed , and USD will collapse too, in future.
The time in which a currency collapses is when people don't believe in its value anymore. And obviously, when thought reversely, something becomes a currency when more and more people believe in its value.
And currency becomes money when they don't lose value between people regardless of time, like gold.
Do you believe btc could be in this position? BTC could become gold?
at this time bitcoin for me is gold,there is no such thing in this world could change the value of bitcoin now it is just like a mountain that it is very hard to climb,because the value of bitcoin is very nice that's why bitcoin is gold for me. The time in which a currency collapses is when people don't believe in its value anymore. And obviously, when thought reversely, something becomes a currency when more and more people believe in its value.
And currency becomes money when they don't lose value between people regardless of time, like gold.
Do you believe btc could be in this position? BTC could become gold?
Bitcoin is not gold. Bitcoin is a digital money and many people now use bitcoin. more bitcoin price increases than gold so i think bitcoin more valueable than gold.
It is true that bitcoin has beaten gold in terms of price but I do not think that it will be able to replace it because gold first is much more popular than bitcoin and gold is received more while bitcoin is not received that much. In essence, Bitcoin resembles gold - this is why many people refer to Bitcoin as 'digital gold' or 'Gold 2.0'.
I think in that case bitcoin will can't be compared to gold.
We all know that gold is have a stable value and it is not crashing since recognizing of it.
While bitcoin have unstable value
We all know that gold is have a stable value and it is not crashing since recognizing of it.
While bitcoin have unstable value
I have seen many treating btc as gold as they consider btc as an valuable asset and also have plans to get some serious long term returns , for me also i of the same opinion.I still tell people preserve as much btc as we can as serious high returns are expected this year, just what we need is patience and have to take positions at the right time , all the best for buying and selling.
According to my opinion btc is the future because everyone knows all paper currency are going to collapse and soon we will se usd collapsing
I suggest you to check bitcoins market and golds market. Does they seems the same? I mean look at the price and it's evolution, at gold it is more stable and the fluctuations are very low while at bitcoin the price goes up and down every few months and there are no long periods when it stays stable. Why does this happen? Because bitcoin price can be considered controlled by those who have a lot of money since the supply is limited and everything is happening in one place, on the online exchangers. It is not impossible to pump or dump golds price but that is totally different than bitcoin.
Gold is spread all around the world and it is hard to even estimate how much gold people owns and how much is still available to be found. In order to influence the price of gold investors have to make transactions of billions of dollars while with bitcoin they need less than 1 billion to create a big hype.
Gold is spread all around the world and it is hard to even estimate how much gold people owns and how much is still available to be found. In order to influence the price of gold investors have to make transactions of billions of dollars while with bitcoin they need less than 1 billion to create a big hype.
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