Bitcoin the new gold | Bitcointalksearch.org

darewaller

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Quote from: azguard on December 18, 2017, 05:50:10 AM

Quote from: oegarod on December 17, 2017, 05:38:05 AM

I never give consideration to bitcoin as the new gold. What the growth attained by bitcoin and gold is completely different compared to that of the gold which has gained good reputation as well universal acceptance. Gold is something an important asset that has the materialistic value and the same has made it to be trusted.

Many consider this a gold more less like digital gold and such they want ot invest in it with huge profit as we can see in last no just few days or months. So this is gold any type of gold and always will be with every passing day.

Exactly it is like a new digital gold. Bitcoin has crossed all the limits of profits if gold and bitcoin are compared. There comes such results that shows you who better bitcoin is leading the market. Even the investors from gold industry are just coming into this bitcoin world and started investing because they know it better where bitcoins are going in future. They sensed the right thing.

jovs

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Quote from: IIOII on August 12, 2017, 10:22:07 AM

I seriously doubt that altcoins will see more usage than Bitcoin in the future. Bitcoin has the best developer resources and the greatest acceptance as a method of payment in the real world. Most altcoins are only traded for Bitcoin and have no real market of their own.

Altcoins are a testing ground for new features. The best may be integrated into Bitcoin later. Besides that, there's a lot of innovation happening in Bitcoin development.

I do agree that Bitcoin had a first-mover advantage. But it wouldn't be the most dominant cryptocurrency today without the hard work and improvements done by Core developers.

Bitcoin as the new gold? We always find gold as the basis of normal fiat in the world, the amount of money a country can produce depends on how much gold or dollar reserves they have. If we look at bitcoin that way among other alternative coins that pop up in the digital currency world, it may be true. The long and lasting properties of bitcoin proven by its history plus the legacy of bitcoin developers will be the answer on that question.

azguard

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Quote from: joebrook on December 18, 2017, 09:05:55 AM

Quote from: coinaniki on December 07, 2017, 03:59:57 AM

So I think everything. Just what will you do if bitcoin starts with the same speed or even faster to fall down? You must understand what ever the price may increase and someday it will happen. It seems to me that it is too early to speak about bitcoin as a reliable investment.

In investment all that really matters is the current value of the asset or the commodity and currently Bitcoin though younger has been able to surpass the value of gold to such an extent that its current is 15x the value of gold. On that premise alone, its confident to say that bitcoins has become the most valuable asset rather than gold.

Many look at that way if we look bitcoin was realy good pick for investment in this year but gold also made high for price.
So many are using both for investment bitcoin and gold cuz many think that bitcoin will go down in price and gold will go up.

joebrook

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Quote from: coinaniki on December 07, 2017, 03:59:57 AM

So I think everything. Just what will you do if bitcoin starts with the same speed or even faster to fall down? You must understand what ever the price may increase and someday it will happen. It seems to me that it is too early to speak about bitcoin as a reliable investment.

In investment all that really matters is the current value of the asset or the commodity and currently Bitcoin though younger has been able to surpass the value of gold to such an extent that its current is 15x the value of gold. On that premise alone, its confident to say that bitcoins has become the most valuable asset rather than gold.

nagatraju

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Quote from: Clairvoyance on December 18, 2017, 07:53:07 AM

Bitcoin has become better than gold. More than its value but the long term potential invest and asset it has compared to gold. Decentralization is one of its key feature and flexibility is its promising feats.

indeed bitcoin has such merits that it has the right to be compared with the most worthy metals

Tapyaks72

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Quote from: bitctrimor1 on December 18, 2017, 08:26:23 AM

Quote from: syaripudin on August 12, 2017, 11:02:47 AM

I think that altcoin is just a crypto complement for a trade, and in the end everyone who has altcoin will be swapped on bitcoin. The very high bitcoin price it can make a lot of people want to have bitcoin as a way to invest in the future. This can be seen from the trading index altcoin and bitcoin so many choices in the likes of many people as a way to invest.

This is true, unfortunately, that's the only way most people see altcoins now. They earn it through different means like campaigns or airdrops, but in the end, the goal is to have it exchanged for bitcoin wherein the bitcoin will be the end cryptocurrency that they will use for trading or investing. Basically, in that sense, altcoins only stand as a door or portal for people to gain bitcoin. Every person may enter different doors, but in the end, the last room you would be in is the same. In context, even if one may get different altcoins, the end result is to convert it all to bitcoin which has the best chance of profit amongst all cryptocurrencies in the market.

Yeah Bitcoin is the foundation of all crypto currency all ICO is dependent to Bitcoin because bitcoin most recognized that is why the price is soaring high
like gold it is the foundation of Fiat money, every Central bank has gold deposits in order to support the value Fiat currency it is just a banknote, since
early age gold is being used to buy anything but since gold is metal have weight it is difficult to carry and transfer that is they invented paper money that guarantee payment with equivalent amount of gold.

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Quote from: syaripudin on August 12, 2017, 11:02:47 AM

I think that altcoin is just a crypto complement for a trade, and in the end everyone who has altcoin will be swapped on bitcoin. The very high bitcoin price it can make a lot of people want to have bitcoin as a way to invest in the future. This can be seen from the trading index altcoin and bitcoin so many choices in the likes of many people as a way to invest.

This is true, unfortunately, that's the only way most people see altcoins now. They earn it through different means like campaigns or airdrops, but in the end, the goal is to have it exchanged for bitcoin wherein the bitcoin will be the end cryptocurrency that they will use for trading or investing. Basically, in that sense, altcoins only stand as a door or portal for people to gain bitcoin. Every person may enter different doors, but in the end, the last room you would be in is the same. In context, even if one may get different altcoins, the end result is to convert it all to bitcoin which has the best chance of profit amongst all cryptocurrencies in the market.

Clairvoyance

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Bitcoin has become better than gold. More than its value but the long term potential invest and asset it has compared to gold. Decentralization is one of its key feature and flexibility is its promising feats.

Esiunin

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Representatives of Goldman Sachs, one of the world's largest investment banks, are convinced that bitcoin is not new gold at all. Other shortcomings of bitcoins Goldman Sachs attributed the permanent growth of commissions for transactions, the average size of which in mid-July reached a mark of $ 9. representatives of the financial conglomerate stressed that "gold is beyond competition" and he does not yet have worthy alternatives. According to analysts, this noble metal has low volatility and a stable purchasing power.

Jraf95

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Quote from: syaripudin on August 12, 2017, 11:02:47 AM

I think that altcoin is just a crypto complement for a trade, and in the end everyone who has altcoin will be swapped on bitcoin. The very high bitcoin price it can make a lot of people want to have bitcoin as a way to invest in the future. This can be seen from the trading index altcoin and bitcoin so many choices in the likes of many people as a way to invest.

Time is gold, bitcoin? I can't consider it as a gold for me I treat the bitcoin as a leading organization which people can have their trust and gives loyalty to this organization infact bitcoin is like a company that gives peoples needs then gold can't give people needs it's the poeple who treasure it and a lot of trap that you can earn from gold.

Edsemen

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Quote from: syaripudin on August 12, 2017, 11:02:47 AM

I think that altcoin is just a crypto complement for a trade, and in the end everyone who has altcoin will be swapped on bitcoin. The very high bitcoin price it can make a lot of people want to have bitcoin as a way to invest in the future. This can be seen from the trading index altcoin and bitcoin so many choices in the likes of many people as a way to invest.

Bitcoin for me is not like a gold. For us time is gold that we can consider its very important to us. Well bitcoin is important also to us but it can't be a new gold for me I can just say that this bitcoin is like a group of a leading company which people will give their trust because we all know bitcoin hepls a lot even though there's a lot of circumstances that bitcoin needs to pass but still we trust this a lot.

Rufsilf

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Bitcoin is now the best and best alternative for gold because if you will buy bitcoin right now and hold it like gold that is for long term then you will have a lot of earnings just after a few years. Bitcoin and the other cryptocurrencies are the same that is good for long term and investment just like gold.

azguard

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Quote from: oegarod on December 17, 2017, 05:38:05 AM

I never give consideration to bitcoin as the new gold. What the growth attained by bitcoin and gold is completely different compared to that of the gold which has gained good reputation as well universal acceptance. Gold is something an important asset that has the materialistic value and the same has made it to be trusted.

Many consider this a gold more less like digital gold and such they want ot invest in it with huge profit as we can see in last no just few days or months. So this is gold any type of gold and always will be with every passing day.

oegarod

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I never give consideration to bitcoin as the new gold. What the growth attained by bitcoin and gold is completely different compared to that of the gold which has gained good reputation as well universal acceptance. Gold is something an important asset that has the materialistic value and the same has made it to be trusted.

cheann20

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Quote from: donbu7 on August 12, 2017, 10:13:08 AM

I've been analyzing all this happening with bitcoin and I'm coming to the following conclusion:

Before the most important asset was the gold in which everyone wanted and possessed, the governments were displacing gold with money a centralized asset which lost its value day by day.

Bitcoin is an asset that goes up in price for all the features that Satoshi thought and gave to it.

Today there are hundreds of altcoins and for sure there are some that are much better than bitcoin, and that these will be more used than bitcoin in the future, but bitcoin will be the king of all the new digital gold. People will use other altcoins as well, but the savings and investments will be in bitcoin, and this is for the simple reason that it was the first altcoin, and that people believed in it from its beginnings.

The bitcoin is here to stay and has created a revolution in the monetary system around the world. And we can be proud to be living the moment when this is happening.

Bitcoin is heading to $4,000 usd per coin and I am sure that the price of bitcoin in 3 years will be exponentially higher than is today.

In Bitcoin we trust, god bless you all

So for me you are correct. I think yes, bitcoin can be consider as new gold or a special high value, which value is increasing day by day. Current value of the bitcoins has been already crossed 4600 $ and it may touch 5000 $ by the end of the September month. And bitcoin is better that gold when it comes in earning profits it is more faster than gold. It is more better to invest your money for more money earnings.

leonora galvan

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Quote from: donbu7 on August 12, 2017, 10:13:08 AM

I've been analyzing all this happening with bitcoin and I'm coming to the following conclusion:

Before the most important asset was the gold in which everyone wanted and possessed, the governments were displacing gold with money a centralized asset which lost its value day by day.

Bitcoin is an asset that goes up in price for all the features that Satoshi thought and gave to it.

Today there are hundreds of altcoins and for sure there are some that are much better than bitcoin, and that these will be more used than bitcoin in the future, but bitcoin will be the king of all the new digital gold. People will use other altcoins as well, but the savings and investments will be in bitcoin, and this is for the simple reason that it was the first altcoin, and that people believed in it from its beginnings.

The bitcoin is here to stay and has created a revolution in the monetary system around the world. And we can be proud to be living the moment when this is happening.

Bitcoin is heading to $4,000 usd per coin and I am sure that the price of bitcoin in 3 years will be exponentially higher than is today.

In Bitcoin we trust, god bless you all

yes we really dig a new gold,i believe that even in a few months or years bitcoin will be higher and higher,it is really amazing that our sacrifice of digging a new gold is now in our hands i am sure that everyone will be happy for that bitcoin is the new gold...

stevano

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Quote from: Kronos21 on August 12, 2017, 10:25:50 AM

So I think everything. Just what will you do if bitcoin starts with the same speed or even faster to fall down? You must understand what ever the price may increase and someday it will happen. It seems to me that it is too early to speak about bitcoin as a reliable investment.

if at the beginning of bitcoin in you have bought in large quantities then now you are a rich person born of bitcoin, so bitcoin is a good investment for those who have deepened and feel the results

waichi

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I've read something that 10 ounces of Gold is equivalent to 1 Bitcoin. Clearly states that Bitcoin has 3 times value of Gold. When you will think about it, we may consider Bitcoin as Gold because it is mined just like Gold. Then it has a limited supply just like Gold. It is just an intangible asset unlike Gold, but the way of obtaining it is similar.

bit1

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Quote from: azguard on December 08, 2017, 08:11:16 AM

Bitcoin is first of all digital currency and on top of that decentralized. Many however consider and say that bitcoin is digital gold. If we compare gold and bitcoin in some way there are some differences but also they are unique, every in his own way. Only downfall can be trading them, both have solid gains but many are now in bitcoin more cuz of the high price.

When peoples talk about gold they talk about something of great value by excellence,the same for diamonds or things like that, and I have to say that there are not some differences only but they are completely different inwardly while one is tangible, physical and can be touched the other does not, can not be touched and is not tangible or something physical,the only thing that both can have in common is that people consider them as something of great value and that's why they compare them, but nothing more.

KEPLER99

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Quote from: azguard on December 08, 2017, 08:11:16 AM

Bitcoin is first of all digital currency and on top of that decentralized. Many however consider and say that bitcoin is digital gold. If we compare gold and bitcoin in some way there are some differences but also they are unique, every in his own way. Only downfall can be trading them, both have solid gains but many are now in bitcoin more cuz of the high price.

Gold has now no impact in the investment list because people are not going for it every person who have resources he is buying bitcoin because he knows well that bitcoin will bring more wealthy days for him and the decentralized behavior of bitcoin has given trillions to the people and they are expecting more many of rich people are investing into bitcoin because bitcoin will give them much more to count in future.

Topic: Bitcoin the new gold (Read 6274 times)