Pages:
Author

Topic: Bitcoin is the New Gold, a better safe Haven Asset, Do you agree? - page 2. (Read 193 times)

member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
Do you agree Bitcoin is the New Gold. According to Goldman Sachs analyst Zach Pandl, the rapid increase in demand for bitcoin has been triggered by the growing dissatisfaction with regulated monetary systems and the current Banking infrastructure. Pandl also noted that in the long - term , cryptocurrencies like bitcoins mature and evolve into a major asset class and will pose lower return but demonstrate a high level of stability ,like gold and other safe haven asset. (source: https://www.ccn.com/bitcoin-new-gold-better-safe-haven-asset-goldman-sachs/)



I thinks  bitcoin is more than or better than gold because of you see all the criteria between gold vs bitcoin.In  gold few of rich people have owned it and mostly it will deposited in the banks,while in bitcoin more people are owned it now,and change there way standard of living.while in gold you cannot carry and paid it all the time if  you need a payment transaction while in bitcoin in a simple way you can easily access or paying some important billing,or buying some important  needs or wants in life.so for me there so many differences an advantages of bitcoin if you compare in gold.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
It is really not correct to compare Bitcoin to the gold. If you're comparing it as investor then you are somewhat right but if you are comparing it in real life then you're not correct. Gold is highly valuable for those who wear it while Bitcoin is most precious for those who use it for their everyday virtual needs, or who cash out it to get awesome goods. Those goods can be anything, e.g gold, diamond, silver, cars, bikes etc.

The things that create difference between the both are very noticeable, for example the main difference between both is the physical existence. Bitcoin is somewhat kind of virtual gold or maybe virtual diamond, but in physical world it isn't anything higher than a way to send and receive money via the internet and electronics.
full member
Activity: 294
Merit: 100

I think your opinion is true. Why? because at the moment bitcoin has a very high profit especially in cryptocurrency. it will affect many people to invest in bitcoin I am interested because it, although the value of bitcoin itself is sometimes up and sometimes down.
sr. member
Activity: 840
Merit: 375
Do you agree Bitcoin is the New Gold. According to Goldman Sachs analyst Zach Pandl, the rapid increase in demand for bitcoin has been triggered by the growing dissatisfaction with regulated monetary systems and the current Banking infrastructure. Pandl also noted that in the long - term , cryptocurrencies like bitcoins mature and evolve into a major asset class and will pose lower return but demonstrate a high level of stability ,like gold and other safe haven asset. (source: https://www.ccn.com/bitcoin-new-gold-better-safe-haven-asset-goldman-sachs/)


If you consider Bitcoin as an Asset,then it's probably a V2 Gold.
However in my opinion we should consider Bitcoin as a revolutionary currency that will change the world and not just a way to get money by investing on it and keeping it with no usage.
The fact that alot of people consider it as an Asset and not a currency makes it mostlikely like a speculative bubble that explode from time to time due to market corrections
member
Activity: 392
Merit: 11
Do you agree Bitcoin is the New Gold. According to Goldman Sachs analyst Zach Pandl, the rapid increase in demand for bitcoin has been triggered by the growing dissatisfaction with regulated monetary systems and the current Banking infrastructure. Pandl also noted that in the long - term , cryptocurrencies like bitcoins mature and evolve into a major asset class and will pose lower return but demonstrate a high level of stability ,like gold and other safe haven asset. (source: https://www.ccn.com/bitcoin-new-gold-better-safe-haven-asset-goldman-sachs/)

Pages:
Jump to: