Bitcoin is worth more use of gold? - page 4.

bangkecol

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Quote from: gangem07 on September 28, 2018, 09:15:30 AM

Bitcoin and gold.Yes it is bitcoin is worth more use of gold. but These two has different in a way because bitcoin circulates only with technology while gold is just a store for assets that can keep only by riches people to their wealthy lifestyle although the value of bitcoin is similar to gold but worth more useful than gold in many cases.

In my opinion, it is not entirely true, where gold is one of the commodities that no one can sign it yet, a place for investment that is very safe in my opinion in gold is not in bitcoin, why is that? with a real item-factor, this is not so difficult to store. and price stability that is very safe compared to bitcoin for now.

bitterdog

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Quote from: ZedBinh on August 22, 2018, 12:50:51 AM

Economist Paul Krugman says that the exploitation of Bitcoin uses a lot of electrical energy, but the largest codified currency is worth more than gold

At ChainXChange, a recent blockchain conference in Las Vegas, Krugman joined co-founder of Fundstrat Tom Lee and chief marketing strategist for Ripple Cory Johnson in a discussion about the future of money. bad

From the beginning, economist Paul Krugman acknowledged that he did not have a holistic view of the pre-coding industry, but rather focused on how to operate. of Bitcoin.

Krugman says:

Quote

Bitcoin is the only thing that I only understand partially

Bitcoin and gold

Krugman later said that despite his interest in exploiting Bitcoin, he used a lot of electrical energy, but the largest codified currency was worth more than gold .

Quote

Gold is dead ... Bitcoin is worth more than gold. It has more opportunities to increase value in the future

When compared to Bitcoin 's use of prepaid currencies, Krugman says the biggest problem is the transaction cost used to transfer BTCs from electronic wallets. He believes that if these costs were cut, it would probably wipe out his previous preconceptions about coding.

Krugman recently wrote a New York Times article titled Transaction Costs and Tethers: Why I'm a Crypto Skeptic: Why I'm a Nostalgic money coding). In that article, he argued that Bitcoin and all other coded currencies still need a lot of effort to prove their worth to the community in their daily lives.

Quote

Actually, eight years after the advent of Bitcoin, codenamed codenames have taken a real leap into the commercial market. Some companies will accept them as a form of payment, but in my opinion this is just more of a sign of real usefulness in life. Look at me, this is a great technology excellence. Predictive currencies have a huge market value but they are still considered as a speculative play, not because they are of value for convenience in terms of easy exchange.

The potential impact of smart contracts on life is very high. Along with other aspects of the blockchain that this type of technology is considered to be the new revolution, Krugman says he has absolutely no idea whatsoever about stereotypes of currency substitution.

i think at some aspect, like security and the effectivity bitcoin could be better thn gold. But, i don't think that bitcoin in conclusion could be better than the gold. We can not deny that untill now when it comes to stability gold is the best investment we can get.

Goldenmoll1988

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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.

gangem07

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Bitcoin and gold.Yes it is bitcoin is worth more use of gold. but These two has different in a way because bitcoin circulates only with technology while gold is just a store for assets that can keep only by riches people to their wealthy lifestyle although the value of bitcoin is similar to gold but worth more useful than gold in many cases.

aleksnutis

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Gold now acts only as a highly liquid asset and only. In the case of crypto currencies, everything is different. Firstly, this is also an asset, and secondly, a technology that will work in the future and will be useful. And in the future we will see how gold will no longer be such a valuable asset. In the future, gold will be digitized, otherwise it will not be competitive, because it is tangible and it difficult to store and transport.

Xenrise

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I believe so. By looking at its price right now you can see and interpret everything. And, bitcoin is the new gold and I believe that this would be a great revolutionary movement of humanity. With the new way of payment.

ghosong

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Bitcoin has a character like gold, has a supply that is equally limited. but Bitcoin must be more attractive than gold, because Gold is widely used by rich people who see it as a store of value and class. However, bitcoin is not just a place to store assets, bitcoin also has more value because it also plays a dual role for payment purposes.

bxipp

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Gold something that we can hold on personal not like bitcoin we cannot hold it and a risk are much more higher then gold. Gold are more stabilize from bitcoin and the gold already has being accepted all countrys in the world not like bitcoin. All of that bitcoin are the most pricy thing in the world that has beat gold price now.

bassbity

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Bitcoin should be more attractive compared to gold, because Gold is widely used by rich people who see it as a store of value and class. But, bitcoin is not just a place to store assets, bitcoin also has more value because it also plays a dual role for payment purposes.

bitcoindusts

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The subject at hand is really debatable. I could agree and be bashed for it or i could disagree and be bashed for it too.

Because comparing bitcoin with gold is a comparison that will yield different answers depending on the person being asked. I think at this moment in time, a universal truth could not be established that easily. Gold has proven its worth since the beginning of man's history. It has always been a part of historical power, glamour and riches. Whereas bitcoin has just begun. But the belief that made gold valuable is somehow inherent with bitcoin as well. Thus, there is no undermining the possibility of bitcoin weigh more value than gold in the future. Yet, we are not at that stage to date.

rony01941

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I think, Bitcoin's popularity is now increasing. In the future, Bitcoin will occupy the golden place. Bitcoin demand is increasing now. I love Bitcoin and I like it.So think, Bitcoin use more then gold.But there are many differences between Bitcoin and Gold. Bitcoin can not be touched and gold can be touched.

Ale75Opus

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Bitcoin is on the way to gold advance. Now people are divided into two types: those who invest in bitcoin and those who continue to invest in gold. In my opinion, those who invest in bitcoin win

fipper

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Quote from: princestan on August 22, 2018, 04:02:11 AM

Currently bitcoin is worth more than gold because of the flexibility it has in terms of transactions and profit making in the business side of it..

you are really gold and cryptocurrency something that is valuable but cannot be equated to have advantages and disadvantages between gold and crypto currency for me cryptocurrency is more practical and efficient use

hawkins

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Quote from: yazher on September 27, 2018, 03:09:26 AM

For some people who invested on the early years of bitcoins they say that Bitcoin is like gold for now. But for the people who invested lately like those who invested on December 2017. Maybe they think that Bitcoin is a nightmare for them and they would regret their decision by now.

I might prefer gold. but to be utilized, of course I will choose bitcoin for now. well, even though gold is a definite investment, and its value continues to grow, but I can't really use it. but, with bitcoin, I can use it. but, I might choose both.

yazher

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For some people who invested on the early years of bitcoins they say that Bitcoin is like gold for now. But for the people who invested lately like those who invested on December 2017. Maybe they think that Bitcoin is a nightmare for them and they would regret their decision by now.

stayeduptolate

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Quote from: ZedBinh on August 22, 2018, 12:50:51 AM

Economist Paul Krugman says that the exploitation of Bitcoin uses a lot of electrical energy, but the largest codified currency is worth more than gold

At ChainXChange, a recent blockchain conference in Las Vegas, Krugman joined co-founder of Fundstrat Tom Lee and chief marketing strategist for Ripple Cory Johnson in a discussion about the future of money. bad

From the beginning, economist Paul Krugman acknowledged that he did not have a holistic view of the pre-coding industry, but rather focused on how to operate. of Bitcoin.

Krugman says:

Quote

Bitcoin is the only thing that I only understand partially

Bitcoin and gold

Krugman later said that despite his interest in exploiting Bitcoin, he used a lot of electrical energy, but the largest codified currency was worth more than gold .

Quote

Gold is dead ... Bitcoin is worth more than gold. It has more opportunities to increase value in the future

When compared to Bitcoin 's use of prepaid currencies, Krugman says the biggest problem is the transaction cost used to transfer BTCs from electronic wallets. He believes that if these costs were cut, it would probably wipe out his previous preconceptions about coding.

Krugman recently wrote a New York Times article titled Transaction Costs and Tethers: Why I'm a Crypto Skeptic: Why I'm a Nostalgic money coding). In that article, he argued that Bitcoin and all other coded currencies still need a lot of effort to prove their worth to the community in their daily lives.

Quote

Actually, eight years after the advent of Bitcoin, codenamed codenames have taken a real leap into the commercial market. Some companies will accept them as a form of payment, but in my opinion this is just more of a sign of real usefulness in life. Look at me, this is a great technology excellence. Predictive currencies have a huge market value but they are still considered as a speculative play, not because they are of value for convenience in terms of easy exchanges.

The potential impact of smart contracts on life is very high. Along with other aspects of the blockchain that this type of technology is considered to be the new revolution, Krugman says he has absolutely no idea whatsoever about stereotypes of currency substitution.

From the very ancient there is very common habit of human of saving money for their budding generations and therefore we human tends to inves somewhere and the most popular and the most common type of investment to which we all are familiar with is investment into gold but if we compare gold investment with today’s crypto one then no doubt bitcoin is the most beneficial than all the investment type available in the market as no investment has the potential to provide such a good profit in very short span of time.

AleSergio

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Bitcoin is just something new and hyped really a lot, gold had always a lot of value and you can touch it or use, if the internet shut downs you wouldnt be able to trade your bitcoins, but Gold will always live and it doesnt matter what happens in the world

pallang

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Bitcoin is different compared to gold sometimes 1 piece of a small ring is cheaper than 1pc of bitcoin bit the fact is some people buy gold that they can use in their lives so it is a material thing and they can sell it in times of need it is also an investment like bitcoin but bitcoin is more profitable i guess.

dmamigo

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Quote from: Vritesh on September 23, 2018, 07:35:10 AM

Gold itself is an investment but i believe that bitcoin is of more worth. Investing in bitcoin can help you earning the double amount of money and number of profits. But this is not so in the case of gold. Gold cannot bring stability in the economy but bitcoin can do. So it can be concluded that bitcoin is better than the gold.

As an Investment Gold has more value or more demand, but if we talk about usability feature, I would say Bitcoin or cryptocurrencies have more worth. But I doubt what you said about bringing stability in the economy, I think nobody can do so, if you are talking about it as an investment, then Bitcoin itself being unstable, I doubt how it can stable an economy.

Vritesh

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Gold itself is an investment but i believe that bitcoin is of more worth. Investing in bitcoin can help you earning the double amount of money and number of profits. But this is not so in the case of gold. Gold cannot bring stability in the economy but bitcoin can do. So it can be concluded that bitcoin is better than the gold.

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