Bitcoin the new gold - page 7. | Bitcointalksearch.org

nightrider

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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.

Not the extra coins, each altcoin has its own characteristics and effects, they only exist together in the market and develop on the basis of bitcoin. In essence, they are independent currencies.

Fundalini

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In our time, yes I think bitcoin is the new gold. It acts the same as gold as an investment, prices tend to increase with the passage of time and it offers pseudo-anonymity for the users, perfect for our technologically driven era.

e-coinomist

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Money often costs too much.

Quote from: Heacygg on August 30, 2017, 04:48:21 PM

How can u trust in something what exist for so short period? People use gold for hunger years and BTC only a few months

Nope. For the hunger years, storing rice is the answer. Maybe in our modern times it is more trending towards gasoline reserves.
Honestly I don't think we can fall that low again that a second intercession of Pocahontas is needed.

Timespan for crypto beeing established? Ten years not enough?
Give it five more years and we'll see we had been trailblazers all those time.

hellen xaveria

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Quote from: btc-facebook on August 12, 2017, 11:23:27 AM

Just like Harvard academic said that bitcoin may reach $ 100.000 / btc on 2021
The problem for the next 4 year is you're a millionaire on year 2021 or bitcoin vanish before reach 2021
Of course I'm still have a faith on bitcoin so I'm keep hold most of my bitcoin

Similarly I do some of the same I keep my bitcoin for long-term investment so that if at any time bitcoin prices rise very high I still have a btc stock to sell

Fida-crypto

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I think more people jump to bitcoin because them want to reach in a few time but dangerous comes when the bitcoin decrease

hellen xaveria

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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.

take advantage of every moment in bitcoin, and take good care of it
every rise and fall of bitcoin price if we can take the right moment then you will gain profit, do not panic if see price drops drastically because this is only a matter of time all will return as before

MetaSk

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Bitcoin will never be a new gold since people need something physical to have as a starting point for price.
If the price of gold crashes, everything will crash.
Bitcoin is tied to a gold just as any other fiat is.

The price will fluctuate, but the gold will stay as a prime factor, and countries will save it in it reserves

Ziskinberg

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Quote from: Schuyler on August 31, 2017, 02:20:26 AM

Quote from: unyil on August 30, 2017, 08:28:46 PM

I do not know if people who do not know about bitcoin can say that, because I've been invited by someone to invest in real gold and in the conversation I tell about bitcoin to him, but he is not interested in bitcoin. So who can say bitcoin is gold can only be said by bitcoin users themselves. I also think bitcoin is real gold Cheesy

Bitcoin has been steadily growing the last few months and just a few months back, it is not even worth an ounce of gold. Now that the price is more than 3 times the value of an ounce of gold, the comparison between the two would simply be in discussion endlessly. Even in its early existence, bitcoin has proven to be a good investment and a digital gold that glitters with over $4,500 value.

Don't worry it will beat gold in terms of growth, gold is stable and bitcoin is volatile but the value will increase depending on the demand.
Bitcoin is the new gold for me because it's useful in our daily lives, people will know about bitcoin as the support of the community is very strong, now that the internet is a good way of advertising it would be easy to reach out those potential users and once they adopt it will bring another demand.

ekans45

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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.

We can say that bitcoin is gold because bitcoin is work on tradings and transaction that has from of value in the market which is related to its stock like gold. But in terms of transactions bitcoin is more that a gold because it could be used in faster and more reliable transactions.

Schuyler

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Quote from: unyil on August 30, 2017, 08:28:46 PM

I do not know if people who do not know about bitcoin can say that, because I've been invited by someone to invest in real gold and in the conversation I tell about bitcoin to him, but he is not interested in bitcoin. So who can say bitcoin is gold can only be said by bitcoin users themselves. I also think bitcoin is real gold Cheesy

Bitcoin has been steadily growing the last few months and just a few months back, it is not even worth an ounce of gold. Now that the price is more than 3 times the value of an ounce of gold, the comparison between the two would simply be in discussion endlessly. Even in its early existence, bitcoin has proven to be a good investment and a digital gold that glitters with over $4,500 value.

TeamButtcoin

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At the moment Bitcoin is the gold , people how invest in it , for a longer period , you can become a millionaire , and i think is the simplest way to make money like you have to watch the market.

richkellj

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Quote from: logicgate on August 30, 2017, 03:08:08 AM

Quote from: Md Saad on August 29, 2017, 03:29:43 AM

exactly, day by day Bitcoin is gaining its ground by providing a massive amount of profit. once upon a time when gold was the only factor of saving. but in the modern technological arena Bitcoin is being considered as the most profitable system. so that I think day by day Bitcoin is being replaced of gold as a saving tool. that is why it can be said that Bitcoin is the new gold. nowadays Bitcoin is more valuable than gold. today its price is almost beyond 4thousand USD. so it is very clear that Bitcoin can be considered as the new gold.

Come on, boy! You could have explained all this in few words. There is too much repetition. Yeah! We all know that bitcoins are latest and most effective way of saving your capital and it has successfully replaced gold in the market especially in developed world. Bitcoins volatile nature is giving them an edge over gold.

Probably you are right. We can hardly deny the fact that Bitcoin has not only replaced the gold but many more things quite comfortably and that too in very short span of time. One of the major reasons why people are showing more interest in Bitcoins is the way it has recognized itself in the market.

unyil

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I do not know if people who do not know about bitcoin can say that, because I've been invited by someone to invest in real gold and in the conversation I tell about bitcoin to him, but he is not interested in bitcoin. So who can say bitcoin is gold can only be said by bitcoin users themselves. I also think bitcoin is real gold Cheesy

Neo.op

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Apparently, Bitcoin is more popular than gold among investors, as a hedge against rising global uncertainties. Growing mistrust of national currencies, following dubious government policies, has pushed people into Bitcoin.

Chanock

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Yes bitcoin is a new gold. For some reason why bitcoin is bitter than gold now is the appreciation of user and consumer of this cryptocurrencies. Nowadays there are lot of country used bitcoin than gold. But gold is still gold and it is the basis of all country in there economic growth but bitcoin is unpredictable than gold and no one knows that the bitcoin is big bang theory of changes in crypto world.

Divyam96

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No i don't think that bitcoin is the new gold because gold is standardised around the globe. Also gold has a comparitevely less variable value so it is stable whereas bitcoin has a variable value it is very prone to fluctuations and bitcoin is not standardised around the globe. It is not governed by any government or bank.

Heacygg

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How can u trust in something what exist for so short period? People use gold for hunger years and BTC only a few months

bitcoindusts

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Quote from: prtty2gal2 on August 30, 2017, 09:43:14 AM

Quote from: umbara ardian on August 29, 2017, 07:23:10 AM

So I think the better bitcoin of gold is right, if true this is a wonderful opportunity for everyone. They buy bitcoin and saved for 3 years ahead even more. Bitcoin has its own value just rocked the world with a value of 4000 usd. Beat the gold price. I think bitcoin is the gold of digital money that deserves to be recognized as a promising investment.

Bitcoin is the new gold. I think if we just compare the prices of gold and bitcoins then it is quite clear that bitcoin has crossed gold and still going up. We all know this better that bitcoin have jumped so many currencies and mining that make money in a short time. Bitcoin can be called as new gold for new era.

These two entities is different so comparing these two is kinda out of line. I know gold had been a good store of value but due to bitcoin's volatility and low saturation market, it somehow beat gold on that aspect. But as I said, they are different having gold as tangible and bitcoin as digital or intangible. Among the two, gold is way more important and have more usage than Bitcoin but since Bitcoin market is driven by speculation, the price surge this high. Though i still do not consider Bitcoin as new gold because bitcoin is bitcoin.

e-coinomist

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Money often costs too much.

Quote from: LilloBoy on August 30, 2017, 05:55:28 AM

I bought my first bitcoin in March and my best friend invested in gold in the same period.

There is no need to tell you who is most happy now

Short timeframe. We got a really harsh ralley recently.

I think on the long term humanity will stick with the usual stuff since milenniae, that includes rice as a currency because you can eat that.
But thinking "today" there is a solid option in focusing on all types of crypto stuff. Bitcoin meanders, changes, obviously a lot more this last august of 2017 than ever before. That Segwit stuff opens up a completely new possibility. I dont know where to make some good use of that, however. Atomic cross chain exchange, Litecoin and the like. Still not visible how that will effect daytrader's lives.

saenko

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Quote from: Eclipse26 on August 30, 2017, 10:19:34 AM

Quote from: kpcian on August 12, 2017, 11:22:39 AM

I think so...
Bitcoin can be a good alternative tool as a replacement of gold. day by day Bitcoin is becoming a lucrative and profitable saving item. it is also getting accepted across the world day by day. for me, Bitcoin should be considered as a new era for saving and investment in parallel with gold.

Yes we can consider bitcoin as a new i think when it comes to its price. Because their value was tool high which can help one individual. But i think bitcoin was not still like it because government still doesnt accept it as a money for paying anything that you buy from store. Only few accept it as a payment. I hope that soon everything will be legalize when it comes to bitcoin so that we can now claimed that bitcoin is the new gold.

I do not see a similarity between gold and bitcoin. Gold is used for investment and they can not pay in the store. Bitcoin is a universal payment system and a means of payment. It's like a new generation of money

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