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Topic: Bitcoin is worth more use of gold? - page 3. (Read 2364 times)

sr. member
Activity: 714
Merit: 250
November 19, 2018, 10:40:35 AM
#97
Gold and bitcoin are the totally different. Gold has a tradition and it will be also. As we live in modern age, we use bitcoin than gold and the transaction sytem of bitcoin is far easier than gold.
I answer yes because bitcoin is a new product of modern times and gold is an old tradition so the more advanced technology nowadays the product is losing its product or the tradition of the past and bitcoin is what I mean
member
Activity: 250
Merit: 10
November 19, 2018, 10:34:37 AM
#96
There is no doubt bitcoin is more precious than gold. Bitcoin is a digital currency and it is highly volatile and even it is decentralized where gold is metal which is stored for future needs. We should not even compare between bitcoin and gold both are different in nature. So I think bitcoin is really worth more use of gold Smiley.
newbie
Activity: 32
Merit: 0
November 19, 2018, 06:28:37 AM
#95
of course, bitcoin is way more value than gold, it was 20,000us in late of 2017. now it's down, but still good value
Even now bitcoin's value is better than gold but it is not stable, we can not know when the price of bitcoin will go down.
newbie
Activity: 42
Merit: 0
November 15, 2018, 08:50:04 AM
#94
In my opinion gold still has a role to play in the finance world and probably always will. I wouldn't be expecting a gold standard to be restored anytime soon nor a widespread adoption in the case of a financial apocalypse, but I guarantee people will still be collecting and trading gold as a store of wealth. It's just not practical enough for daily transactions though. Bitcoin is well on its way to solving these problems. We just need improvements in the transaction cost and speed (and efficiency in terms of electricity, a big problem until we do away with fossil fuels). Once that happens it will be more useful and appealing to investors.
newbie
Activity: 84
Merit: 0
November 15, 2018, 08:38:36 AM
#93
Gold and bitcoin are the totally different. Gold has a tradition and it will be also. As we live in modern age, we use bitcoin than gold and the transaction sytem of bitcoin is far easier than gold.
The most obvious difference is that there is physical gold and bitcoin is not physical. But the value is more valuable now, because the price movement is faster than gold. So investors prefer biotcoin investment rather than gold, especially investors and speculators.
legendary
Activity: 1596
Merit: 1034
November 07, 2018, 02:38:45 PM
#92
What makes bitcoin more valuable than gold is that bitcoin is a digital asset that will continue to increase in price as the times evolve with global digitalization, in contrast to gold which has an erratic physical and number of mining results while we know the total amount so that bitcoin will become a rare item in the future.
newbie
Activity: 22
Merit: 1
November 07, 2018, 02:36:33 PM
#91
Even gold. All of them need to take a large enough volume so that people believe it is valuable. To keep this value, it needs a certain property. Gold is just a rock. It is valuable because it has the characteristics Bitcoin has. Many supporters of free trade, so they do not trust both the government and the paper money, have made such people more interested in Bitcoin.
full member
Activity: 1022
Merit: 100
$CYBERCASH METAVERSE
November 07, 2018, 02:33:25 PM
#90
bitcoin is most worthiable than gold.  bitcoin transaction is too easy.  and bitcoin holding system is uniqe. if you hold it will increase but gold doesnt.
sr. member
Activity: 826
Merit: 250
November 07, 2018, 09:39:33 AM
#89
Gold and bitcoin are the totally different. Gold has a tradition and it will be also. As we live in modern age, we use bitcoin than gold and the transaction sytem of bitcoin is far easier than gold.
I agree with you that gold and bitcoin are almost the same and the results are almost the same and I think we just have to develop bit by bit so that bitcoin is more than gold
member
Activity: 434
Merit: 10
November 07, 2018, 09:32:36 AM
#88
Bitcoin is very useful, because we can make more money here, by simple holding bitcoin and by bying some bitcoin in low price and sell it in higher price, in that way we can earn big amount of money.
newbie
Activity: 81
Merit: 0
November 07, 2018, 07:37:31 AM
#87
Gold and bitcoin are the totally different. Gold has a tradition and it will be also. As we live in modern age, we use bitcoin than gold and the transaction sytem of bitcoin is far easier than gold.
Gold has been used since the days of Ancient Egypt, so its value has been uniform throughout the world, because there is a gold exchange in London which is a reference from other countries to equalize prices. While bitcoin, which is only 10 years old, is still looking for price adjustments that are the benchmark for bitcoin throughout the world, because bitcoin, which without government intervention will determine its own price based on the realization in the bitcoin market.
member
Activity: 336
Merit: 10
October 18, 2018, 05:57:01 PM
#86
Thanks for sharing an interesting article. As for me, BTC is worth more than gold even. I can see out future in btc coin while gold has become useless already in the era of digital technologies
jr. member
Activity: 238
Merit: 1
October 18, 2018, 05:27:25 PM
#85
I also think that the main disadvantage of Bitcoin is precisely the price of transactions - they are incredibly large. if we can solve this situation, in the future we will be able to raise the cryptocurrency market to a new level
member
Activity: 255
Merit: 12
October 18, 2018, 04:29:13 PM
#84
I don't really think Bitcoin is worth more than Gold. Both bitcoin and Gold are two different things, one is a digital currency and the other is mineral commodity. While in terms of bitcoin investment and trading, it is highly possible to make some reasonable amount of profit, but i don't see this as being more valuable than Gold. Please let's just see bitcoin as a digital currency and stop all this speculations.
member
Activity: 252
Merit: 10
October 18, 2018, 04:19:18 PM
#83
Bitcoin has great prospects to become more significant than gold, because it surpasses gold in the following points:
- Bitcoin mining is cheaper
- storage cost is lower
- transfer cost is lower
member
Activity: 378
Merit: 10
September 28, 2018, 01:47:34 PM
#82
This answer depends on who you ask. Gold has it own use while bitcoin also has its own. Gold is fiat and you can hold it while bitcoin is digital. But you can both trust the two currencies and people place more value on gold than bitcoin especially for the old generation. Both gold and bitcoin worth more in their own capacities.
sr. member
Activity: 1750
Merit: 267
September 28, 2018, 01:18:37 PM
#81
Gold and bitcoin are the totally different. Gold has a tradition and it will be also. As we live in modern age, we use bitcoin than gold and the transaction sytem of bitcoin is far easier than gold.
full member
Activity: 350
Merit: 100
September 28, 2018, 01:11:41 PM
#80
I think bitcoin better than gold. Bitcoin safe and convenient. So i love bitcoin.
legendary
Activity: 1106
Merit: 1000
September 28, 2018, 11:55:49 AM
#79
Yes, it seems to me worth it. Since gold is an exhaustible resource that will not soon become in the world, Bitcoin should be developed comprehensively and implemented in various fields.
Yes I do agree with your statement. As the cryptocurrency specifically bitcoin, it is more worth it than a gold. Also it adds the fact that it can be a long term investment.
I also believe that bitcoin is more worthy than keeping a gold who will not make a big increase in value particularly in the following years.Although old people prefer to hold a lot of gold,millenials today and even those people who have internet access chose to invest in bitcoin rather than making gold as an investment.
full member
Activity: 212
Merit: 100
Gric Coin - Redefining Agriculture and Increasing
September 28, 2018, 11:12:14 AM
#78
Yes, it seems to me worth it. Since gold is an exhaustible resource that will not soon become in the world, Bitcoin should be developed comprehensively and implemented in various fields.
Yes I do agree with your statement. As the cryptocurrency specifically bitcoin, it is more worth it than a gold. Also it adds the fact that it can be a long term investment.
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