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Topic: Bitcoin VS. GOLD - page 17. (Read 4306 times)

member
Activity: 350
Merit: 10
May 13, 2018, 05:45:29 PM
of course I will choose bitcoin rather than gold because I see myself total gold can not be calculated and different from the total supply of bitcoin that is very clear maximum there are only 21 million pieces bitcoin is definitely making bitcoin price becomes very expensive.
jr. member
Activity: 140
Merit: 1
May 13, 2018, 05:37:13 PM
It is unlikely that the bitcoin can be replaced by gold, as it is too dependent on the Internet, but gold is at least possible to hold in hands, it really is. Therefore, they will exist in parallel, but not replace each other.
hero member
Activity: 756
Merit: 541
May 13, 2018, 05:31:11 PM
or me bitcoin is better than gold because of the speed of the bitcoin price increase or the increase of its price and because of its future so I prefer bitcoin rather than gold unlike gold long before the rise price of gold
member
Activity: 364
Merit: 10
May 13, 2018, 05:29:22 PM
Payperex - This project, which is a lot. But they did not raise much money on their ICO. I wouldn't trust their predictions.
 
full member
Activity: 283
Merit: 100
May 13, 2018, 05:21:42 PM
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


I wonder what this forecast is based on. I would like to see an analysis that bitcoin will be less than$ 100, and gold more than$10,000.
jr. member
Activity: 126
Merit: 1
May 13, 2018, 05:09:03 PM
I don't think bitcoin should be seen as a substitute for gold. This is a completely different investment, which does not need to be compared with gold. I prefer to have both bitcoin and precious metals.
hero member
Activity: 924
Merit: 505
May 13, 2018, 04:56:41 PM
Bitcoin and gold are very similar, and both are used as a means of storing valuables. The only disadvantage of bitcoin is that its price is not constant and varies greatly, because of this many distrust it.
Yes they are similar that we can hold it in years but the value are different because bitcoin are decreasing and increasing while the gold are slowly goes up the price. But bitcoin price are very fast if goes up so gold and bitcoin have different potentials.
newbie
Activity: 196
Merit: 0
May 13, 2018, 04:53:21 PM
I do not even want to compare gold and the crypto currency, as gold appeared before and it is fixed still in our grandfathers in the brain and turns more often on the tongue and bitcoin is a new era of trade
member
Activity: 152
Merit: 10
May 13, 2018, 04:26:24 PM
Seriously, why are there still people comparing bitcoin will gold? it makes no sense, because they both are much different from each other. It's like comparing flowers with fiat money.
hero member
Activity: 900
Merit: 503
May 13, 2018, 04:25:22 PM
Bitcoin and gold are very similar, and both are used as a means of storing valuables. The only disadvantage of bitcoin is that its price is not constant and varies greatly, because of this many distrust it.
full member
Activity: 406
Merit: 100
May 13, 2018, 04:19:14 PM
If I have to put my investment in safety, I'd rather choose gold because its value is known by everybody. Bitcoin is more useful for speculations and have a higher risk
Even that investing with bitcoin have a higher risk i will still invest with bitcoin because i am sure that i can be very rich man if  i will continue to buy and to support bitcoin, and for me buying gold is also good but buying bitcoin is the best to do.
sr. member
Activity: 686
Merit: 282
May 13, 2018, 04:01:34 PM
If I have to put my investment in safety, I'd rather choose gold because its value is known by everybody. Bitcoin is more useful for speculations and have a higher risk
The amount of gold in the frame is over. Second thing, do you know someone who made a lot of money by investing in gold? Because I do not. Investors in BTC know a lot of such people.
P60
full member
Activity: 378
Merit: 100
Decentralized Digital Billboards
May 13, 2018, 03:51:41 PM
You have a point there when in terms of diversification of investments. We can invest to Gold and Bitcoin at the same time. Bitcoin has volatility which means that your investment can have high returns in no time while Gold was well-known and widely used to the market especially for jewelries with more on demand.
Indeed, you can invest in gold and Bitcoin at the same time. Both have different potentials and both have different ways in order to help you to gain profit. Gold is very popular back then as a way of exchange while Bitcoin is the best digital currency thst keeps rising.
full member
Activity: 322
Merit: 101
May 13, 2018, 03:48:21 PM
If I have to put my investment in safety, I'd rather choose gold because its value is known by everybody. Bitcoin is more useful for speculations and have a higher risk
sr. member
Activity: 1190
Merit: 253
May 13, 2018, 03:32:23 PM
You have a point there when in terms of diversification of investments. We can invest to Gold and Bitcoin at the same time. Bitcoin has volatility which means that your investment can have high returns in no time while Gold was well-known and widely used to the market especially for jewelries with more on demand.
member
Activity: 448
Merit: 60
imagine me
May 13, 2018, 10:21:29 AM
Great question. Okay, I will answer your question. Gold is physically form, and Bitcoin is Virtual Form. So, this is the different. And I think, Bitcoin on the future, maybe 5 until 10 years will replace Gold. this is maybe occure, because now is digital world, and the society will change to virtual money like Bitcoin.

Just so you know, there's also a digital form of gold which is and ETF and it's backed by real gold.

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


Many have made their predictions on cryptocurrencies, they're those who shill and those who spread FUDs. In this cryptocurrency space, there will be a Warren Buffet and a John McAfee, there will be a believer for the new technology and there will be who wants only to get profit.

We are already in a new age, bitcoin and other cryptocurrencies aim for one thing - be your own bank!

I hope your investment with that platform is secure, and updates from you about it is highly anticipated.
member
Activity: 166
Merit: 10
May 13, 2018, 09:46:43 AM
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


Great question. Okay, I will answer your question. Gold is physically form, and Bitcoin is Virtual Form. So, this is the different. And I think, Bitcoin on the future, maybe 5 until 10 years will replace Gold. this is maybe occure, because now is digital world, and the society will change to virtual money like Bitcoin.
jr. member
Activity: 34
Merit: 2
May 13, 2018, 09:40:50 AM
Gold has been regarded as a store of value for thousands of years. It is somewhat rare and also beautiful for jewellery and decoration, and has technological uses.

I took the demand in tons and price for metal gold from from World Gold Council website. For 2017 the demand in billions of US dollars are as approx follows.

Jewellery 87.5

Technology uses 13.7

Investment 50.2

Banks and Institutions 15.2

The demand for use as Jewellery is impressive.

Crypto could fight to compete, but maybe it will take many many years 10s, 100s ... or never.

I am focusing on store of value and utility. Whether gold is useful as money is another issue, though there are some possibilities to spend online against a store of gold bullion.
jr. member
Activity: 266
Merit: 1
May 13, 2018, 09:40:03 AM

Hello friends. I think here many understand that a long-term investment is gold. It is and will always be, and bitcoin still does not know its future
full member
Activity: 616
Merit: 100
May 13, 2018, 09:39:07 AM
i think bitcoin and gold is the different thing, bitcoin is the digital form that only used in internet and just worked online as the currencies, we can try use bitcoin like the money, but the gold is has the physic form and i think gold is the pure investment, why? because if we have gold we can't use it like the bitcoin or money. so i think bitcoin and the gold is totally different
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