Topic: Bitcoin the new gold - page 11. (Read 6265 times)

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.

I could not agrre more to your observation. And another thing is that bitcoin is what dragged most of the people in to the crypto currency world. Meaning, they got interested in cypto currencies because they saw bircoin and its potential that is why i believe that no matter what altcoins these people get a hold off, they would still stick to bitcoins or never let go of bitcoins. Plus, it is not limited into just 1btc. I can be divided into pieces just like a dollar and its cents. And we all know that this capability of bitcoins are really important because the price of bitcoins are getting higher and higher each day.
That's what i think.

Everyone still wants gold. That’s why it price is so high. Yet not many get the chance to possess it. Only the elite few do. altcoins better than Bitcoin? Very funny joke. Have you been living under a rock the whole time you were on this forum? altcoins are just speculation. They have no real use. Bitcoin, however, can be actually used to buy stuff (although barely any merchants accept it as payment). That is what Bitcoin so much better than any altcoin. Just check the cryptocurrency market capitalisation list and you will know who is boss. Here is the link: https://coinmarketcap.com/

Bitcoin’s cap is much higher than any cryptocurrency. It has more that 50% market dominance which is rising everyday due to increasing prices. Bitcoin is the mother of all cryptocurrency, that I agree with you and it is the most powerful.

Please don’t call Bitcoin an altcoin. Your perception of it is warted. There is a fine line between Bitcoin and altcoins. I mentioned it earlier in the post. Altcoins are not currencies. “Stuff”, other than things that they are specifically created for, (like enjoin coin in my signature) can’t be bought with Altcoins. Completely different story for Bitcoin. So a piece of advice: don’t call Bitcoin an altcoin. It can trigger some very passionate Bitcointalk members. (I am telling you this from experience)

Yeah … God bless you to mate.

I do not recall the issue of any altcoin to be tied to the amount of BTC mined, but if you know better, please, let me know.

bitcoin cant bee like a gold never
btc still not real maybe iff they come offline but right now never cant bee like gold

Bitcoin has become more then this when he crossed gold in price. From that point he is going up and really becoming GOLD of this time. Nothing can compare with bitcoin at the moment in price and value. And yes bitcoin is for everyone most valuable possession they have or will have in future time.

This is a very interesting fact, bitcoin is progressing very rapidly and all eyes are on bitcoin. Bitcoin is the digital gold that everybody is looking for include me.

For now the price of bitcoin is going up,i do expect a time when the price will be stable in the future.


Sure there are hundreds of other alternative currencies and they are trying to follow bitcoin and some try to be anonymous,either way bitcoin will rule without a doubt

The price has already crossed these valuations and i do expect them to go down for some time and for sure in a very short years the price would be triple from where it is today.

The Chinese are flocking on this currency, as it makes it possible to bring out currencies in the country's discretion... The yuan is at a very low level compared to other currencies which prompts the Chinese to want to exchange their reserves for stronger currencies, such as the dollar. The authorities are trying to avoid this capital leak, and the use of Bitcoin helps to evade state control.

For me, bitcoin is very valuable than gold and I think it's better to buy bitcoin than gold although bitcoin does not have a stable price, but bitcoin has a very good future and I'm willing to spend my money to buy bitcoin because bitcoin prices will continue to rise and it's very good.

yes you make that right, bitcoin is new break through gold but if we said that bitcoin is new source to buy gold then we did not make it wrong. I mean bitcoin is pretty much expensive so if we want to buy gold by bitcoin then we can buy many gold, and on the other hand you can buy much less bitcoin from huge amount of gold, I think you get my point.

Great to know you think about it that way and yes we all love bitcoin too. Its however not gold, it is more than that. A tool, tech that is based on internet. Its price won't fall like gold because it is not centralised like it and most important it is not regulated by government. The government is responsible for its fall as they will Levi lots of charges on it making it harder to purchase and also transfer from one person to another. I mean come on if one day I have billion dollar gold and I simply wish to transfer it to someone then government will call me smuggler! Lolz! But its nothing like bitcoin, which can be traded in amount and anytime. So yeah bitcoin is something better than gold.

Cashless society is soon to happen because the cryptocurrencies are taking a big space in the financial world and a lot of people are now advancing their self into a more technology stuff and our financial system can be that too because bitcoin and other cryptocurrencies can be use for that and the traditional investment like gold will not become a good investment anymore because of its slow growth.

Rightly said it may takes some decades to become the world currency beacuse each country is not the same page regarding the cypto currency. But as more and more countries starts to legalize the currency we will have more people using and making payment through this currency. Also it helps in remittance so this is also an advantage to everyone in the world.

Indeed, bitcoins are over taking all other assets with the passage of time. They are surpassing gold by all means. Gold is now becoming old tradition and soon will be wiped out from the face of earth because the world is totally moving towards digital globe. Cashless society is not an imagination anymore.

Currently, it can not become world currency, however, as technology grows to its best, when people work with technology, everything will be paid with bitcoin or any other currency.

True, bitcoin is really the gold of the tech world, and there are not any diamonds here. All altcoin are precious stones, some are common metals. I think this is an accurate comparison.

Gold and Bitcoin exist from different source and for distinct purposes.

The exponential growth of Gold since 2002 to 2012,

and haven't experience any drastic drop up to this year show the reliability of its value.

in a sense of its value, we can barely say, Bitcoin is the new gold.

Bitcoin is the gold for people but gold is the treasure of rich. Why can I say this? Can anyone here point me that most of the owner of gold are rich and the government. While bitcoin owns by ordinary people and rich people who invest. There is no such thing as free gold but there is free bitcoin, agreed? When I hear gold I would always point out its destruction to our environment.

But sometimes the those people are claiming that the bitcoin and gold as the same commodity. It depends on the people already called the bitcoin itself. bitcoin was different in the physic but not for the value. it was having the same value as the gold itself.