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Topic: Bitcoin the new gold - page 13. (Read 6203 times)

full member
Activity: 1134
Merit: 102
August 14, 2017, 12:23:00 PM
#46
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


A lot of people are considering bitcoin as gold. Well, I'm one of them because as you can see bitcoin started from scratch and just look how much it grew just within a year. It's best to buy bitcoin now and hold it as long as you can. A lot of people is expecting it to grow up to 5000 dollar just until the year end. So, it's better to buy now and get rich tomorrow.
to me bitcoin is more precious than gold because the profit that we get from bitcoin is much more that the profit that we can get from Gold.

Gold is always my favorite but when I enter into the Bitcoin I am a big fan of Bitcoin. With Bitcoin, i am making enough money when compared to gold saving. Bitcoin became most valuable currency in the world and valuable than gold.
hero member
Activity: 490
Merit: 500
August 14, 2017, 12:06:36 PM
#45
actually Bitcoin is better than gold no way to compare these assets against each other except saving money is a common factor link them together , reverse back to history of 5 years if someone choosed gold over bitcoin that will be a total shock by now   
Any asset have a period and an era, the era of gold is gone and new era in present is cryptocurrency.
Many people on the world's after the price of Bitcoin reached $3000/BTC have interested to it and want buy before the value of it increasing more.
yes that  is very right to say, i am also thinking that bitcoin is the currency of the new era, which gold era has gone. in past people were investing money in gold as gold was the best investment in these days. but now bitcoin people fed up with gold as gold is not giving such a good profit to us therefore now people are choosing bitcoin from they they can now earn a good amount of money.
hero member
Activity: 749
Merit: 503
Blockchain Just Entered The Real World
August 14, 2017, 11:33:34 AM
#44
actually Bitcoin is better than gold no way to compare these assets against each other except saving money is a common factor link them together , reverse back to history of 5 years if someone choosed gold over bitcoin that will be a total shock by now   
Any asset have a period and an era, the era of gold is gone and new era in present is cryptocurrency.
Many people on the world's after the price of Bitcoin reached $3000/BTC have interested to it and want buy before the value of it increasing more.
member
Activity: 110
Merit: 10
LoveMe
August 14, 2017, 11:16:11 AM
#43
actually Bitcoin is better than gold no way to compare these assets against each other except saving money is a common factor link them together , reverse back to history of 5 years if someone choosed gold over bitcoin that will be a total shock by now   
full member
Activity: 176
Merit: 100
August 14, 2017, 11:10:06 AM
#42
No it isn't we all know that bitcoin is decentralized which is not covered or handled by the government , and gold it is centralized that government can manipulate the price there are so many difference in bitcoin and gold so it can't be the new gold in the near future bitcoin can hit the biggest price.
hero member
Activity: 490
Merit: 500
August 14, 2017, 11:06:40 AM
#41
Bitcoin is shown to have all the characteristics that are similar to gold, but there are some things that cause Bitcoin better than gold. I think bitcoin can be said to be a more new modern breakthrough than gold, which has some advantages over gold as a means of payment. Looks at now bitcoin shows its light to everyone, and gives great hope. Well, we can only hope bitcoin can continues to providing great benefits over times.
yes there are some similarities between bitcoin and gold. but i think bitcon is still too much different from gold. because bitcoin is a digital currency which we can use for shopping from a distance, but gold is a solid element and we cannot use it for shopping as currency, gold is only good for saving, where we can save our money more safely.
hero member
Activity: 686
Merit: 500
August 14, 2017, 10:21:43 AM
#40
I could agree with what you have said about bitcoins.But i don't see potential in any altcoin to get importance in usage than bitcoin.Altcoins are just pump and dump coins which have failed to deliver the desired results.Its true that bitcoin has gained attention of more gold investors also so that they have started to buy bitcoin,the digital gold instead of gold.We could not expect gold to give such a huge return like bitcoin.Bitcoin has revolutionized the world economy.It has even forced most countries to legalize it and has left option none other than that.
legendary
Activity: 3654
Merit: 1217
August 14, 2017, 10:09:56 AM
#39
This would be a decentralized form of gold, yeah that is why that bitcoin and gold always compare by more people. Those two are great to invest both can gives lot of income in the long term and know we are seeing the huge increase od bitcoin value that is why bitcoin can dominate gold in the future.

Nope. Bitcoin and gold can never be compared. The first one is a naturally occurring metal, while the second one is a digital asset invented by some unknown person or a group of individuals. Also, their price fluctuations show very little correlation to each other. It may be due to the fact that the type of people who are investing in these assets are different.
sr. member
Activity: 532
Merit: 280
August 14, 2017, 09:15:45 AM
#38
I think that Gold and Bitcoin are the closest investment tools because there is a certain usability area with limited supply, and both of Gold and Bitcoin are digestible, I think Bitcoin gold technological version.
Bitcoin gold technological version is not right .Bitcoins and Gold are different in properties and price value and the mere thing that bitcoins now are engaging to every country that can more boost its value. Bitcoin is more than a gold now.

Yes, technologically these are two different directions, but the price of bitcoin is now superior to gold and I think that's why there is such a comparison with gold.
This would be a decentralized form of gold, yeah that is why that bitcoin and gold always compare by more people. Those two are great to invest both can gives lot of income in the long term and know we are seeing the huge increase od bitcoin value that is why bitcoin can dominate gold in the future.
sr. member
Activity: 630
Merit: 272
August 14, 2017, 08:56:57 AM
#37
Bitcoin is the new gold but it is more aggressive than the usual gold because its market is very volatile because of the demand and also because of the emotion of the traders and investors available. The only advantage that i see in bitcoin is, the fast moving price which helps the people in this cryptocurrency world to make faster money than the usual investments.
Yes we can make fast money in Bitcoin trading but this we can't do in gold trading. Here if you have 1 BTC investment every month, you can make money in trading. That much price variation we can see in Bitcoin. But the only disadvantage in Bitcoin is we are not sure when the price will go down. We should ready to accept anything in this Bitcoin investment.
It seems to me that bitcoin is rising in price not because a lot of people recognize it. Now there is a capital outflow from the dollar. All understand that the dollar is a bubble which at any moment can burst. Bitcoin is now the most profitable object for investment. It will be bad if he, too, will be a bubble.
sr. member
Activity: 259
Merit: 250
August 14, 2017, 08:52:44 AM
#36
I think that Gold and Bitcoin are the closest investment tools because there is a certain usability area with limited supply, and both of Gold and Bitcoin are digestible, I think Bitcoin gold technological version.
Bitcoin gold technological version is not right .Bitcoins and Gold are different in properties and price value and the mere thing that bitcoins now are engaging to every country that can more boost its value. Bitcoin is more than a gold now.

Yes, technologically these are two different directions, but the price of bitcoin is now superior to gold and I think that's why there is such a comparison with gold.
hero member
Activity: 714
Merit: 531
August 14, 2017, 08:50:32 AM
#35
You can't go wrong with buy and HODL. In 2020 bitcoin = $50k!
In Bitcoin we trust, god bless you all Cheesy
if this trend continues sure we will see that level and bitcoin still not that popular like gold so a lots of chances that this system will be
supported by more investors which will surely drives the value in much bigger one.
also as a pioneer here in bitcoin we have an advantage to those people doesnt know about bitcoin because this is the best other source of income which can provide much higher income in regular job. And i think also if value of bitcoin continues to increase it will be much greater than gold.
hero member
Activity: 756
Merit: 500
August 14, 2017, 08:45:30 AM
#34
You can't go wrong with buy and HODL. In 2020 bitcoin = $50k!
In Bitcoin we trust, god bless you all Cheesy
if this trend continues sure we will see that level and bitcoin still not that popular like gold so a lots of chances that this system will be
supported by more investors which will surely drives the value in much bigger one.
legendary
Activity: 1092
Merit: 1000
August 14, 2017, 08:36:13 AM
#33
Bitcoin is the new gold but it is more aggressive than the usual gold because its market is very volatile because of the demand and also because of the emotion of the traders and investors available. The only advantage that i see in bitcoin is, the fast moving price which helps the people in this cryptocurrency world to make faster money than the usual investments.
Yes we can make fast money in Bitcoin trading but this we can't do in gold trading. Here if you have 1 BTC investment every month, you can make money in trading. That much price variation we can see in Bitcoin. But the only disadvantage in Bitcoin is we are not sure when the price will go down. We should ready to accept anything in this Bitcoin investment.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 14, 2017, 08:15:20 AM
#32
Bitcoin is the new gold but it is more aggressive than the usual gold because its market is very volatile because of the demand and also because of the emotion of the traders and investors available. The only advantage that i see in bitcoin is, the fast moving price which helps the people in this cryptocurrency world to make faster money than the usual investments.
legendary
Activity: 3472
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
August 14, 2017, 03:33:52 AM
#31
The Gold investors are not typical techno Geeks, but rather traditional investors with a low risk appetite. They buy gold, because it is seen as a Safe haven. Bitcoin is more geared towards the high risk investor that would thrive in an environment where you have to act fast and play with high volatility.

We < Bitcoin traders > are a special breed of people, who operate at the cutting edge of new technologies and new commodities. ^smile^ 
member
Activity: 75
Merit: 10
August 14, 2017, 03:02:52 AM
#30
You can't go wrong with buy and HODL. In 2020 bitcoin = $50k!
In Bitcoin we trust, god bless you all Cheesy
member
Activity: 217
Merit: 10
August 14, 2017, 02:15:48 AM
#29
I think that Gold and Bitcoin are the closest investment tools because there is a certain usability area with limited supply, and both of Gold and Bitcoin are digestible, I think Bitcoin gold technological version.
Bitcoin gold technological version is not right .Bitcoins and Gold are different in properties and price value and the mere thing that bitcoins now are engaging to every country that can more boost its value. Bitcoin is more than a gold now.
hero member
Activity: 1400
Merit: 536
August 14, 2017, 02:09:40 AM
#28
I think that Gold and Bitcoin are the closest investment tools because there is a certain usability area with limited supply, and both of Gold and Bitcoin are digestible, I think Bitcoin gold technological version.
sr. member
Activity: 924
Merit: 255
August 14, 2017, 01:00:52 AM
#27
Bitcoin is shown to have all the characteristics that are similar to gold, but there are some things that cause Bitcoin better than gold. I think bitcoin can be said to be a more new modern breakthrough than gold, which has some advantages over gold as a means of payment. Looks at now bitcoin shows its light to everyone, and gives great hope. Well, we can only hope bitcoin can continues to providing great benefits over times.
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