Topic: Bitcoin or gold? - page 398. (Read 984457 times)
I prefer bitcoin above the gold because the fact is that with the gold you need to have patience and honestly if I do not have one thing its patience to make profit.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I think there are allot of people who like to pay with bitcoins but is it better than using just gold. I don't think bitcoins will ever be better then gold because you can buy almost anything with gold of you want to pay the amount everything is for sell for sure.
We all know it that gold will still be better than bitcoin, but are in the modern era that the gold is just now treated as a jewelry and cannot be
used as a method of payment for the goods. And we must admit that bitcoin has the advantage than gold because it can be use to buy things
online and can be use for services.
Bitcoin and Gold are really best for trading, But the two can have different uses as a whole. Gold has more uses than bitcoin since it has been in the market for a very long time, it is even used to have your country's currency have its value.
those two thing are different
I think there are allot of people who like to pay with bitcoins but is it better than using just gold. I don't think bitcoins will ever be better then gold because you can buy almost anything with gold of you want to pay the amount everything is for sell for sure.
We all know it that gold will still be better than bitcoin, but are in the modern era that the gold is just now treated as a jewelry and cannot be
used as a method of payment for the goods. And we must admit that bitcoin has the advantage than gold because it can be use to buy things
online and can be use for services.
Bitcoin and Gold are really best for trading, But the two can have different uses as a whole. Gold has more uses than bitcoin since it has been in the market for a very long time, it is even used to have your country's currency have its value.
Yeah I agree with you, gold is one of the best trading material and it is going to increase its value every day is passing.
The longer you are holding it, the higher return it can give to you,
I guess bitcoin and gold has the same characteristic for long term investment.
I think there are allot of people who like to pay with bitcoins but is it better than using just gold. I don't think bitcoins will ever be better then gold because you can buy almost anything with gold of you want to pay the amount everything is for sell for sure.
We all know it that gold will still be better than bitcoin, but are in the modern era that the gold is just now treated as a jewelry and cannot be
used as a method of payment for the goods. And we must admit that bitcoin has the advantage than gold because it can be use to buy things
online and can be use for services.
Bitcoin and Gold are really best for trading, But the two can have different uses as a whole. Gold has more uses than bitcoin since it has been in the market for a very long time, it is even used to have your country's currency have its value.
I think there are allot of people who like to pay with bitcoins but is it better than using just gold. I don't think bitcoins will ever be better then gold because you can buy almost anything with gold of you want to pay the amount everything is for sell for sure.
We all know it that gold will still be better than bitcoin, but are in the modern era that the gold is just now treated as a jewelry and cannot be
used as a method of payment for the goods. And we must admit that bitcoin has the advantage than gold because it can be use to buy things
online and can be use for services.
For long term investment, I prefer gold becouse it is used from the very first time. Also Gold is behind money, money is nothing without gold and bitcoin is nothing, more than virtual currency.
What money is nothing without gold? We are in the modern days mate, even there is no gold as long as there are goods that can be trade with value,
money will have it's value. An economy can run without gold because we are not now depending on gold.
anything can be use as currency even it's a stone, and gold is stone too , but the shine of gold make people thinking it's rare .
i think in this time godl not used as currency, it's a jewelry.
Yeah, right now there is no demand for gold other than as an investment or as jewelry decorations. There is no industrial demands like silver, and it's not an innovation like bitcoin, it's just an element on the periodic table.
While bitcoin is much more efficient than gold as a payment method. So that's why I would prefer bitcoin.
For long term investment, I prefer gold becouse it is used from the very first time. Also Gold is behind money, money is nothing without gold and bitcoin is nothing, more than virtual currency.
What money is nothing without gold? We are in the modern days mate, even there is no gold as long as there are goods that can be trade with value,
money will have it's value. An economy can run without gold because we are not now depending on gold.
anything can be use as currency even it's a stone, and gold is stone too , but the shine of gold make people thinking it's rare .
i think in this time godl not used as currency, it's a jewelry.
I think there are allot of people who like to pay with bitcoins but is it better than using just gold. I don't think bitcoins will ever be better then gold because you can buy almost anything with gold of you want to pay the amount everything is for sell for sure.
So we don't in fact need the usage to grow to a few millions (as you mean it), we just need a few million Bitcoin holders
Like equities?
Among the major corporations, most of the share capital is not actively traded. This capital is held by the promoters. Only a small part (usually 10% or 15%) is in free-float. However, it is this small section which determines its market price, and daily fluctuations.
Now those who hold on to their coins for 5 years or more.... Are they similar to the promoters mentioned above, or are they just long-term non-institutional investors?
The difference is that you earn interest on shares (in most cases) as dividends, while by just holding Bitcoin you earn nothing. This is counter-intuitive and against what you might think (I understand this) but even if the exchange rates surge, you still earn nothing (you are just booking paper profits). And when you finally make up your mind to cash out, you may not be able to get what you expect...
Since other millions of passive Bitcoin users might ironically decide on doing exactly the same at exactly the same moment
So we don't in fact need the usage to grow to a few millions (as you mean it), we just need a few million Bitcoin holders
Like equities?
Among the major corporations, most of the share capital is not actively traded. This capital is held by the promoters. Only a small part (usually 10% or 15%) is in free-float. However, it is this small section which determines its market price, and daily fluctuations.
Now those who hold on to their coins for 5 years or more.... Are they similar to the promoters mentioned above, or are they just long-term non-institutional investors?
I think I will chose gold
if i have to say bitcoins are great to pay with for sure i do like it. But if i need to decide between bitcoin or gold than im going for the gold because there are so many thingsm ore to do with gold instead of bitcoins.
If it was to me to decide i would say people dont think to much and bitcoins will never be such great as gold is right now. But i can tell you bitcoins are rising allot after a view year. So i cant tell you what will be the best in a couple of years.
It is not theoretically impossible, although such a scenario is not going to happen anytime soon. Right now, around a few tens of thousands are using Bitcoins actively. If the usage grow to a few million, then we can expect the exchange rates climbing to five-digits, or even six-digits. It may take five or ten years, to achieve that much adoption and usage.
It all depends upon what exactly these tens of thousands are actively using Bitcoin for, lol. Does just holding bitcoins pass as active usage?
Active users mean people who either send or receive Bitcoins at least once a week (miners, traders, gamblers, and even users here who are part of sig-campaigns). I will not classify those who are just holding their coins as active users. There is a tendency to inflate the BTC user statistics. However, I am sticking to conservative estimates.
Okay, it would be weird to call ordinary holders active users. But in respect to your initial point ("if the usage [should] grow to a few million"), they must be active users even as holders. Let's call them actively holding users, if you are not quite happy with calling them just active users (I'm not either). How come? Since you talk about expecting the exchange rates to climb to five digits (or even six digits, wow), the rank-and-file Bitcoin holder would play a very important role in this process because by simple holding he diminishes the amount of coins in circulation (well, trading) which directly contributes to the exchange rates rising. As you can see, by doing nothing the regular Bitcoin stasher bug is actually doing very much (by helping others earn profits, lol)...
So we don't in fact need the usage to grow to a few millions (as you mean it), we just need a few million Bitcoin holders
For long term investment, I prefer gold becouse it is used from the very first time. Also Gold is behind money, money is nothing without gold and bitcoin is nothing, more than virtual currency.
What money is nothing without gold? We are in the modern days mate, even there is no gold as long as there are goods that can be trade with value,
money will have it's value. An economy can run without gold because we are not now depending on gold.
i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud
100k usd per one bitcoin? i don't think that's is reasonable but i'm agree if bitcoin will go to zero or die if say in other word.It is not theoretically impossible, although such a scenario is not going to happen anytime soon. Right now, around a few tens of thousands are using Bitcoins actively. If the usage grow to a few million, then we can expect the exchange rates climbing to five-digits, or even six-digits. It may take five or ten years, to achieve that much adoption and usage.
It all depends upon what exactly these tens of thousands are actively using Bitcoin for, lol. Does just holding bitcoins pass as active usage?
Active users mean people who either send or receive Bitcoins at least once a week (miners, traders, gamblers, and even users here who are part of sig-campaigns). I will not classify those who are just holding their coins as active users. There is a tendency to inflate the BTC user statistics. However, I am sticking to conservative estimates.
i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud
100k usd per one bitcoin? i don't think that's is reasonable but i'm agree if bitcoin will go to zero or die if say in other word.It is not theoretically impossible, although such a scenario is not going to happen anytime soon. Right now, around a few tens of thousands are using Bitcoins actively. If the usage grow to a few million, then we can expect the exchange rates climbing to five-digits, or even six-digits. It may take five or ten years, to achieve that much adoption and usage.
It all depends upon what exactly these tens of thousands are actively using Bitcoin for, lol. Does just holding bitcoins pass as active usage?
Active users mean people who either send or receive Bitcoins at least once a week (miners, traders, gamblers, and even users here who are part of sig-campaigns). I will not classify those who are just holding their coins as active users. There is a tendency to inflate the BTC user statistics. However, I am sticking to conservative estimates.
Bitcoin is still not that stable compared to gold, and it is going to take a while before the price stabilizes, the reason is the small number of bitcoin users and transactions.
It is not yet at the level in which it can be trusted as a stable currency, which favors those who are into trading, as the price can swing wildly in a matter of days.
It is not yet at the level in which it can be trusted as a stable currency, which favors those who are into trading, as the price can swing wildly in a matter of days.
That is true. If all bitcoins are mined then we dont know if this will stilll fluctuate like it does today. Large scales of changes now because there are still lot to be mined. Just like gold.
i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud
But gold is good for long term investment, gold have a good price and stable price, even if the price decreased, it's only a really small move. But i prefer bitcoin than gold.
i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud
But gold is good for long term investment, gold have a good price and stable price, even if the price decreased, it's only a really small move. But i prefer bitcoin than gold.
Jump to: