Bitcoin the Gold rush of our time | Bitcointalksearch.org

STT

legendary

Activity: 4102

Merit: 1454

Im not sure Satoshi would be complimented by the constant comparison to gold. Gold fever left plenty ghost towns in its wake, the constructive element to its interest is often fleeting in many cases.

Bitcoin will be constructive and adaptive then an inert elemental metal of limited use hopefully. We shall have to see how useful BTC can be, it still requires much work but its possible.

Gold and BTC as reserves:

Quote

BlackRock CEO Larry Fink has also recently sparked excitement among market participants after speculating a BTC price target of as high as $700,000 if more institutions adopt it. He has been talking with sovereign wealth funds about allocating 2% to 5% of their assets to Bitcoin, which indicates that even entities that usually avoid risk are becoming interested amid President Donald Trump’s return to the White House for his second term.

iv4n

legendary

Activity: 3346

Merit: 1191

Why don't we call it a crypto rush? Bitcoin started it all, Bitcoin is the most popular and has the highest value. But many other interesting crypto currencies/projects contribute to the entire cryptosystem.

I see some connections here, each interesting in its own way. What would be interesting is to make some comparison between these two fevers... were more people caught up in the gold fever or this new crypto fever? How many people became millionaires by the gold fever and how many by the crypto fever? I guess we will never find out the truth, we don't have exact data, but I think that crypto fever is bigger than gold fever.

Jegileman

sr. member

Activity: 532

Merit: 250

Quote from: Fiatless on January 24, 2025, 07:25:42 AM

Based on the history of Bitcoin, it is very good for individuals, organizations, and even governments to invest in it because it has been profitable. There are many people in the forum who have testified of how Bitcoin made them financially stable. Organizations like Microstrategy has benefitted immensely from Bitcoin. Countries like El Salvador have also made some good profits with their Bitcoin investment. But we should know that the coin is not the only solution to global economic problems. There are other investments that are still more profitable than Bitcoin.

The impact of bitcoin in global economy cannot be overstated, it happen do make up for many things that other investable assets cannot do or achieve within the time period that bitcoin does it. It may be the gold rush of our time but that doesn’t mean we should not try and diversify into other means of investment that are also profitable. Despite the success of bitcoin since its inception, many people are still of the opinion of diversification because of how volatile it is and how uncertainty the future of it might be even though it’s clear that it is on the right path and will continue to trail in this manner. Make hay while the sun shines is the perfect phrase to use for anyone that intends to invest in bitcoin now.

ChiBitCTy

legendary

Activity: 2282

Merit: 3014

"Bitcoin is here for you and me to mine like gold of the past and become successful changing our financial situation because Bitcoin is the future of the world financial system" .. this is just not the case what so ever. Bitcoin is a digital currency, it has nothing to do with our financial systems as a whole, just like Gold doesn't. Both are great hedges and have been great "investments" but that's not what either has been used for or designed.

bitzizzix

sr. member

Activity: 2590

Merit: 452

Enjoy 500% bonus + 70 FS

Quote from: DeathAngel on January 25, 2025, 09:37:42 AM

Bitcoin is in my opinion, the greatest investment opportunity of modern times. You could liken it to the gold rush, imagine what price Bitcoin will be at in 25 years. We have to stack as much as we physically can because Bitcoin protects you from inflation, pure & simple it is the best performing asset of the last 15 years, I think it will continue to do extremely well.

Yes, Bitcoin is the best opportunity for the current generation and also the future generation if they really jump in and do it. And Bitcoin is the best asset of all assets that can be used with technology that is very suitable for the development of the modern generation that may be of interest to many generations because currently everything related to the internet is very much liked by everyone especially young people and this will be a great opportunity for them to be used as a source of income and also an investment that will create their wealth in the future.

And besides, the freedom and ease of use and also very safe and comfortable which makes them more interested and continue to try to be able to collect more Bitcoin because of its footprint that motivates them for a better future.

uche6215

full member

Activity: 406

Merit: 131

Bitcoin has really become a gold mine in our present time as it has become a house hold name because of the fast growth rate it has and with many going into Bitcoin investment it's one thing that everyone who is serious about changing their financial system should go into because everyday we hear about testimonies from people on how Bitcoin has really been a benefit to them and with the current price of Bitcoin there's no time to waste in making up your mind because Bitcoin is really going to be a valuable asserts to people who owns this digital gold

Smartprofit

legendary

Activity: 2338

Merit: 1775

Catalog Websites

Yes, Bitcoin is indeed often called digital gold. And the first cryptocurrency is really like gold.

Bitcoin is mined in the same way as any other mineral, including gold. Bitcoin has great value, its quantity is limited (no more than 21 million coins). The excitement around Bitcoin can be compared to the gold rush, the legendary time that Jack London described so well in his novels.

At the same time, Bitcoin can also be considered as an effective way to redistribute the world's wealth from more conservative people to younger and more progressive people. This redistribution of world wealth has been going on since 2009 and is still ongoing.

I am sure that Bitcoin will be the best investment of the entire 21st century. The history of the first cryptocurrency is far from over.

Frankolala

hero member

Activity: 952

Merit: 617

Leading Crypto Sports Betting & Casino Platform

Bitcoin is the greatest and best form of money ever created by human. It's not just an asset but also a decentralized digital currency, making it more unique than any form of asset that is in existence. Bitcoin has given us the opportunity to pile up wealth for our future with ease, if only you can buy, build and grow your bitcoin portfolio overtime while you hodli for long.

DeathAngel

legendary

Activity: 3346

Merit: 1618

#1 VIP Crypto Casino

Bitcoin is in my opinion, the greatest investment opportunity of modern times. You could liken it to the gold rush, imagine what price Bitcoin will be at in 25 years. We have to stack as much as we physically can because Bitcoin protects you from inflation, pure & simple it is the best performing asset of the last 15 years, I think it will continue to do extremely well.

Marykeller

hero member

Activity: 1064

Merit: 501

Bitcoin, being the gold rush of our time, will continue to be that for many years to come. Although we don't know what the future highly holds for it, whether it will get replaced by another innovation to be created in the future or it will continue to be the top financial asset being created by humans to save the world by giving them control of their finances and staying anonymous on that when the future looks very bright, for the investor who keeps applying a DCA strategy to their investment in Bitcoin

MiF

sr. member

Activity: 1456

Merit: 258

VPN Friendly & Exclusive Bonuses!

Bitcoin is different from gold but they almost the same in terms of value,they are now very expensive,look at the price of bitcoin today compare to the price in year 2010 the price is really high now same with gold they are both rising many people believe that bitcoin can make them rich but its not that simple not all of the bitcoin believers earn there are also people loss in it because it needs patience.

?

Activity: -

Merit: -

Quote from: Eres1 on January 23, 2025, 07:35:46 PM

what you get out of life solely depends on the opportunities that comes your way

It is not always that opportunity will come out way. We also need to make opportunity for ourselves that we can properly harness. Nobody sit at home this time around and wait for opportunity to come out way. We need to get a skill or go to school to harness the opportunity.

Quote from: Eres1 on January 23, 2025, 07:35:46 PM

Bitcoin is here for you and me to mine like gold of the past and become successful changing our financial situation because Bitcoin is the future of the world financial system in the next few years to come it's time that we start seeing Bitcoin as the gold rush of our time and make use of the time this time that Bitcoin is still minimal at least to the common man and rush into it because looking at the future of Bitcoin with the microscope of the future the only thing that can be seen is prosperity and financially freedom that it hold for it's holder

From the price of Bitcoin that I see, I don't think it is cheap to invest in at this time. Although from what I have been reading so far, there are hope for it to increase in this year. However, it is expensive for a common man to buy or invest in but rather I can advise to invest in land if you can't buy Bitcoin. Investment in land is quite secured because it will always appreciate and Bitcoin can drop after sometime.

slapper

legendary

Activity: 1946

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Some people didn't see Bitcoin coming, but many people needed it. People want freedom, security, and choices in the future. Are we exaggerating it too much? Possibly. Still worth exploring? Undoubtedly. This has nothing to do with short wins. It is about how finance and technology interact to change our interactions with money, trust, and one another

Early adopters took a leap. We need understanding nowadays rather than leaps. We must understand why normal financial systems feel out-of-date, why decentralization matters, and why openness and self-custody matter. Some people may see Bitcoin as a logical development of digital assets while others will regard it like a treasure hunt. Either way, the major question remains: can it transform our global systems or is it just a more sophisticated gamble?

Human nature calls both fear and greed. Still, the mix includes curiosity and empowerment as well. Indeed, Bitcoin can improve your financial status only if you prepare the ground. Profit is only one factor here. It's about liberty, about the decision to possess an asset defying a single authority. While it's easy to draw parallels to the gold rush, the key difference is that in this case, knowledge and patience are more valuable than sheer force of will

AVE5

full member

Activity: 350

Merit: 128

Quote from: Fiatless on January 24, 2025, 07:25:42 AM

Based on the history of Bitcoin, it is very good for individuals, organizations, and even governments to invest in it because it has been profitable. There are many people in the forum who have testified of how Bitcoin made them financially stable. Organizations like Microstrategy has benefitted immensely from Bitcoin. Countries like El Salvador have also made some good profits with their Bitcoin investment. But we should know that the coin is not the only solution to global economic problems. There are other investments that are still more profitable than Bitcoin.

I welcome this your contribution, looking at the side of profitablity particularly in a long term of investment, bitcoin happens to be so promising to have it adoptors an ease to economy threats just as we've always been investing and holds in time and it yields us interests to either expand our financial portfolios and enabling us to solve our financial needs as well.
But while all these positive potentials has been admitted of bitcoin, it shouldn't prompt the mindsets that the only source to defeat the economy challenges is bitcoin to the extend of not diversifying to other sources to encounter the economy challenges.
I'd keep saying this that before bitcoin invention, the economy has been fair and even when economy goes south there had still been varieties of resources and justification that provides the values to counter the economy systems.
Bitcoin has much been so precious in the comparison in due to it digitalization and decentralization that we can control our assets without regulatory intervention neither could it been doomed out of global economy crisis and not even wars could get it investors lost of their assets. That's just the uniqueness in this conception.

Majestic-milf

hero member

Activity: 1008

Merit: 629

Quote from: Fiatless on January 24, 2025, 07:25:42 AM

Based on the history of Bitcoin, it is very good for individuals, organizations, and even governments to invest in it because it has been profitable. There are many people in the forum who have testified of how Bitcoin made them financially stable. Organizations like Microstrategy has benefitted immensely from Bitcoin. Countries like El Salvador have also made some good profits with their Bitcoin investment. But we should know that the coin is not the only solution to global economic problems. There are other investments that are still more profitable than Bitcoin.

That is true. Just like how Gold isn't the only solution to global economic problems. We're seeing how individuals and even organizations are rushing to acquire some for themselves and even countries are making plans of building reserves for Bitcoin simply because it has over the years that it's just not a pump and dump coin but something you could use as a store of value.
Countries like El Salvador are cashing out on the decision that their president Bukele decided to take some years back and even though Bitcoin may not be able to solve economic problems for a country and the like, it still manages to create a guide or platform where they can something. It all depends on how well it's utilized.

N.O

full member

Activity: 392

Merit: 235

Quote from: Eres1 on January 23, 2025, 07:35:46 PM

At every generation life present humans with opportunities of greatness and any one who was for sighted to seize the opportunity becomes the influcial and wealthy person's of that generation from the time ememorial coming down to the time of slave trade those who owned slaves to farm lands where the wealthy men and women of their generation commanding great influence on the other down to the time of the famous gold rush where everyone was crazy about mining gold and those who mined gold and hit a gold min under the ground where the influencers of their time, life is a far game what you get out of life solely depends on the opportunities that comes your way

Coming to our generation life has again brought us another opportunity this time in another form that I call the great gold rush of our time and that is bitcoin because Bitcoin is something that is about to revolutiontionize the world financial system and those who where for sighted enough to invest into Bitcoin as of when Bitcoin started when they were begging people to come and get Bitcoin even for as low as a $100 are currently smiling because as of today Bitcoin has surpassed above $100k

Bitcoin is here for you and me to mine like gold of the past and become successful changing our financial situation because Bitcoin is the future of the world financial system in the next few years to come it's time that we start seeing Bitcoin as the gold rush of our time and make use of the time this time that Bitcoin is still minimal at least to the common man and rush into it because looking at the future of Bitcoin with the microscope of the future the only thing that can be seen is prosperity and financially freedom that it hold for it's holder

I think BTC has peak in that time because we didn't see BTC at 105k$ but in last 2 months we saw BTC at good price and we are watching BTC at hipe because more people are taking interest in cryptocurrency. We saw past of BTC and we saw BTC from the last few years and the people who are trader and investor of BTC are happy with their work. But that is no best time to invest in cryptocurrency because we will see dump in the future but after BTC price go up and the countries in which BTC Investors are more , that country economy will be strong and the countries who banned BTC ,these countries will be in the lower tier.There is America that is supporting BTC and that is due to Donald and in his time, BTC will touch 150k$.

Fiatless

hero member

Activity: 574

Merit: 554

Leading Crypto Sports Betting & Casino Platform

Based on the history of Bitcoin, it is very good for individuals, organizations, and even governments to invest in it because it has been profitable. There are many people in the forum who have testified of how Bitcoin made them financially stable. Organizations like Microstrategy has benefitted immensely from Bitcoin. Countries like El Salvador have also made some good profits with their Bitcoin investment. But we should know that the coin is not the only solution to global economic problems. There are other investments that are still more profitable than Bitcoin.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Investment option - yes a good one.
But it started back in 2009 and people still want to buy it. In fact buying it today will always be profitable tomorrow.

Gold rush or not, I am making sure I gather my coins while the time is still ripe.

However I dont agree to the silver bullet/panacea type of narratives. It is not going to solve every problem nor be the best at any point of time. We have to think realistically here. The best option is to keep traditional assets and add bitcoin to that.

AVE5

full member

Activity: 350

Merit: 128

Quote from: Eres1 on January 23, 2025, 07:35:46 PM

Coming to our generation life has again brought us another opportunity this time in another form that I call the great gold rush of our time and that is bitcoin because Bitcoin is something that is about to revolutiontionize the world financial system and those who where for sighted enough to invest into Bitcoin as of when Bitcoin started when they were begging people to come and get Bitcoin even for as low as a $100 are currently smiling because as of today Bitcoin has surpassed above $100k

The most attractiveness of bitcoin is the fact that it's meeting up with the modern era of digitality, hedge to financial values also as it decentralized potentialities.
Already it had been seen that most interesting human race is to become rich with flexible sources of generating incomes and as we keep to advance in development is also how the economy system gets tougher and challenging which ignites diversifications of incomes and also plans ahead of retirement so we could always have a better economic life.
Bitcoin has henceforth stood potential to offer the provisions against these financial and regulatory challenges at it economy market isn't centered to be affected with the centralized economy system but to provide every users potential values of financial freedoms.

?

Activity: -

Merit: -

Of a truth bitcoin is like that of a gold mining, bitcoin is something that has come to reshape the world with it great potential and value.

Investing in bitcoin today is the greatest decision of any person. With it high rate of value and appreciation over time.

Fom the invention of bitcoin since 2009, many dude has become fricky rich and wealthy through there huge investments in bitcoin.

Therefore, my advice to any one out there wishing or aspiring to be successful in life should go into bitcoin, conduct your research on how it work, investment in it because am afraid that is the current possible way to wealth in this our generation.

Topic: Bitcoin the Gold rush of our time (Read 160 times)