Topic: Bitcoin VS. GOLD - page 15. (Read 4325 times)
These two assets are quite similar, bitcoin as a digital currency is used as a storage value, like gold in the real world! I do not think that we need to compare them, but gold is more stable at the moment.
Bitcoin is a decentralized digital currency that exist on a network of computers. For me I just pick bitcoin because bitcoin help me so much in many ways that's why bitcoin is much more near to my heart. Moreover, all countries have agreed that gold as a wealth asset. Even more people are open to gold than bitcoin.
Bitcoin is not going to replace Gold because there are many differences between them, Gold is basically a physical asset and considered among goods, while Bitcoin is a digital asset and crypto currency. Also, Gold is much older than Bitcoin and trusted more by the whole community worldwide.
here I completely agree with you, because Bitcoin can not compete with gold in any way. Gold has a special value, because even the presence of a physical body enhances its value.
Bitcoin is not going to replace Gold because there are many differences between them, Gold is basically a physical asset and considered among goods, while Bitcoin is a digital asset and crypto currency. Also, Gold is much older than Bitcoin and trusted more by the whole community worldwide.
Bitcoin is more good now because the value of bitcoin now is still increasing compared togold sometimes stable and becasuuse of bitcoin thres a lot of people gets a good income or profit from buying low and selling hhigh but in bitcoin theres a lot of people loss a lot of money because they didnt know what bitcoin is they didnt knowthyat bitcoin is very risky. Bitcoin is a decentralized digtal currency that exist on a network of computers. As long as you have a phone and are connected to the internet you can use the bitcoin network by buying bitcoin to use on the network.
Gold exist longer and it will last longer then bitcoin for sure. Gold have a pretty stable price , when bitcoin have a big price oscillations. Now depends on you if you want a safe investment with low percentage of earning then you invest in gold. But if you want to get bigger profit and if you can handle risky investment then you should invest in bitcoin.
in this case, if in the very long run, most likely I choose gold. well, bitcoin I will use for short term purposes, and I might try to use it to make profit. but, if it is assessed as a savings, gold would be the best thing to keep.
Gold exist longer and it will last longer then bitcoin for sure. Gold have a pretty stable price , when bitcoin have a big price oscillations. Now depends on you if you want a safe investment with low percentage of earning then you invest in gold. But if you want to get bigger profit and if you can handle risky investment then you should invest in bitcoin.
ofcourse bitcoin will be more safe and carry in case of wars
it takes no place in your bag
just your phone
it takes no place in your bag
just your phone
if I prefer bitcoin because bitcoin its purpose not only invest but can be used for transaction and trade 
we can say with certainty that Bitcoin is a sophisticated functional form of gold. Investing in Bitcoin You have a guarantee that your savings will not be lost due to devaluation, you can be sure that the government can not gain access to your personal account.
First of all gold is legalized everywhere and you can't buy things with gold.It is just like an asset where you trade it with fiat currency.Bitcoin is a digital currency which can implement the features of fiat currency for payments and all to buy things etc.
The simple discussion that the strength of bitcoin with gold is equally in terms of bitcoin with gold can not buy goods with gold and bitcoin as well and that distinguishes the bitcoin with gold is that gold is commonly used where whereas bitcoin is still a newly emerging digital currency and began to fame for its use and its core between the bitcoin dwngan gold is equally strong and has a high value in the world.
Bitcoin is practical, but bitcoin also has its drawbacks. Bitcoin is only accessible via the internet. And at the time of war Internet access network will not be found.
I think you better bring gold, unless there is bitcoin that can be accessed offline.
I think you better bring gold, unless there is bitcoin that can be accessed offline.
Gold and crypto coins are good, but do not forget to invest in diamonds and estate.
Many market observers have compared gold and bitcoin.1) Both of these have proved helpful to investors, and both have been harnessed as a speculative investment at some points and a safe-haven asset at others.
While some analysts have compared these two, bitcoin and gold have important differences. These range from something as simple as tenure to the very nature of these assets themselves: gold is tangible, but bitcoin is a digital creation.
While some analysts have compared these two, bitcoin and gold have important differences. These range from something as simple as tenure to the very nature of these assets themselves: gold is tangible, but bitcoin is a digital creation.
That will not happen, because gold is a precious metal whose stock is limited and has existed long ago, the golden jam is used as a store of wealth, whose prices continue to rise from time to time.
Bitcoin itself resembles characteristics such as gold, so bitcoin is referred to as gold2.0.
But to survive many years like gold I was quite doubtful, much less to replace the role of gold.
Bitcoin itself resembles characteristics such as gold, so bitcoin is referred to as gold2.0.
But to survive many years like gold I was quite doubtful, much less to replace the role of gold.
No, no, no and one more time no.
There is no war between bitcoin and gold. They are two different things which have many things alike, but the one thing is clear: they are competitors, but not enemies. People may chose between this two as investment, every one chose by that percent of risk and that percent of profit that he or she wants to hold. There is nothing more.
Strongly agree, bitcoin and gold are 2 different things but for the same purpose to get big profit, in case the advantage of bitcoin is bigger and faster obtained than gold There is no war between bitcoin and gold. They are two different things which have many things alike, but the one thing is clear: they are competitors, but not enemies. People may chose between this two as investment, every one chose by that percent of risk and that percent of profit that he or she wants to hold. There is nothing more.
Well, there is no way to synthesize gold because it is an element. I.e. it contains only gold atoms in it all the way down, unlike bronze or alloys made up of two or more elements. The only way gold atoms are produced is nuclear fusion from supernovas. So unless our sun supernovas, there won't be any new gold on Earth! And if it does there won't be any people left alive on Earth to hoard it.
Bitcoin has already surpassed Gold in terms of value. however, just like Gold, Bitcoin's value is subject to demand. If people decide to move away from BTC then the price of it will fall.
Risk. Gold has comparatively little - it could be stolen. More people can handle gold without screwing up.
Bitcoin has two significant risks: first that private keys are mishandled, second that the cryptography behind it could be zero dayed in which case the entire thing freezes until replacement cryptography is rolled out. Fewer people can handle bitcoin without screwing up.
Bitcoin has two significant risks: first that private keys are mishandled, second that the cryptography behind it could be zero dayed in which case the entire thing freezes until replacement cryptography is rolled out. Fewer people can handle bitcoin without screwing up.
Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Some analyst say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.
link for more info: https://payperex.com
Fiat money has no "intrinsic value" (as you call it) either. It became valuable by usurping the place of gold - by decree. This led eventually to a world monetary system of fiat which is controlled by governments and central banks. Bitcoin's target is this worldwide fiat money market, which represents tens of trillions in monetary value. Regardless of how badly the fiat system is run, almost all of the world's transactions take place daily in it. That's a tremendous market begging for competition. Bitcoin, not being a government, cannot issue a decree that Cryptocurrencys must be accepted by creditors in payment of a debt or must be paid to tax collectors, or has a denomination of X because we decree the value to be X. In order to compete, it had to first issue valueless tokens. That is exactly what fiat money is if you strip away government control of money and all their edicts which are backed by force. Some analyst say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.
link for more info: https://payperex.com
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