Gold:
Monetry value = scarce, fungible, decent medium of exchange, potential unit of account.
Utility value = good at making physical jewlery (malleable)
Bitcoin:
Monetary value = scarce, fungible, excellent medium of exchange, potential unit of account.
Utility value = ability to record data in a global immutable encodable ledger (single source of truth)
For the people who understand golds potential but discount bitcoins. Realise that in an increasingly globalised and digital world, immutable uncorruptable record keeping is much more valuable than the ability to make jewlery.
Topic: Bitcoin VS. GOLD - page 18. (Read 4325 times)
Bitcoin is digital currency and its like gold real world. Bitcoin have more advantages than gold because bitcoin more flexible and more safe than gold. But gold most favorable because people know the physical and can touch it.
For me, I am more choosing bitcoin because we live in digital world and bitcoin is more profitable than gold.
For me, I am more choosing bitcoin because we live in digital world and bitcoin is more profitable than gold.
I prefer to use Bitcoin instead of gold. Because if Bitcoin is stored in Bockhain and can be accessed by everyone but gold is only for the jewelry and beauty of a woman. And Bitcoin as a capital asset to buy gold.Thanks
some analysts say the next 5 years bitcoin will lose its value, others say bitcoin will reach the highest price, that's above $ 50K. I believe bitcoin will rise high because every year the bitcoin stock gets smaller to mined. while those already mined will not be sold, many are holding for the long term. I also hold Bitcoin.
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Some analyst say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
All things are possible. People who did not know about crypto-currency, analyzed thats. Bitcoin price has reached $ 135(2013) to $ 8,600(today). https://coinmarketcap.com/currencies/bitcoin/Gold price had 1670/oz (2013) and today 1,320/oz. https://goldprice.org/gold-price-history.html
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I did my risk mangment and split my investments, boght PAX coin to be on the safe side.
You advertising PAX coin, very good. But it is better to not confuse misleading / false statements. 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
It’s true that bitcoin has come along way since it has started and it has also defeated gold in the terms of price but still I would prefer holdings of gold over holdings of bitcoins. This is because firstly, gold is way more popular than bitcoin and gold has way more users than bitcoin all over the world. Then gold is trusted by most of the people throughout the world whereas bitcoin is not trusted by most of the people throughout the world. 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
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.
Both are different, gold is a physical asset and btc is digital currency decentralised. If the demand rises, both the things will be in equal dominance I feel so. But gold is popular as it being physical and used for various purposes as ornaments and jewellery especially. Whereas btc is basically on blockchain technology and being rising slowly and will reach slowly the previous highs.
Gold and Bitcoin are so much different, you can't compare them.
Yes bitcoin and gold are not same for long time, bitcoin is digital currency it is all about internet and Gold has physical money state, it can be touched and it be sell at any time but bitcoin is untouchable so bitcoin is installable as well it will remain in your phone and no one can take it without your permission, bitcoin can be carry with you in thousands of amount but carrying gold can increase the risk for your life.
I think bitcoin can not replace gold because gold has the best performance during an economic crisis while bitcoin does not have that performance. No one knows how bitcoin performs when financial panic occurs like inflation for example
It is hard to imagine that Bitcoin can become more valuable than materialistic gold, otherwise it will change the whole meaning of "money".
bitcoin and gold have similar properties, such as reserve, transaction, exchange ... gold is long and bitcoin exists for about 10 years, in short they are priced. Equivalent to each other, however, today's trend is that people prefer to invest bitcoin over gold because of its profitability
I invested in gold almost 7 years ago and these investments are still in deep red. On top of that, in India the resale value of gold is a little bit low, which means that I'll take a bigger hit when I sell my coins.
In my opinion, current bitcoin can not be compared to gold for stability, as well as for demand for users. However, in terms of investment. Bitcoin may be the type of investment that is dominant over gold with high margins and market volatility is very fast. That means bitcoin is seen and attracted great attention from the community as an excellent opportunity for investors.
bitcoin and gold I think we can make the same asset, a different bitcoin digital currency that we can not hold or touch while gold we can see and we can touch.
For me gold is good. Because he is a real state. But we talk here is huge profit every month or year. If you hold gold it take little increase. But if you hold bitcoin it can double or triple your profit in just a month or a year. So the best is go to bitcoin
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
Bitcoin is a cryptocurrency and is very volatile compared to gold. gold is a physical commoditirles which value may not so volatile regardless of fud and negstive news lots of uses.once massive selling in bigcoin happen in just a day its price may fall from all time high to just a dollar it a sample of possibilities only unlike gold price may not easily depreciate. 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
bitcoin is digital currency and gold is a physical assets there isn't comparison between these two assets since bitcoin is decentralized so no one can manipulate its and there is no possibility to replace its with gold
Well if based on popularity, gold is still more popular over bitcoin, but if we will based on the future, i am confident that bitcoin future is more bright over the gold, because many people all over the world now is buying bitcoin and i think the future price of bitcoin can be more high over the gold price.Indeed, for many people, they will choosing gold than bitcoin because they can see and touch the gold not with bitcoin. But I am believe in the future, bitcoin will gain more popularity because right now many people start investing their money on crypto. And if they start investing, I am believe bitcoin is their first choice
Gold has been around since time immemorial and has always held its value as the ultimate value item , it is for this reason that it is hard to imagine bitcoin just wiping away this legacy in a measly 5 years or whatever . There is noting to suggest that gold will loose its standard position in the whole scheme of things yes i will agree bitcoins will become a major means of exchange and value but gold is in a separate class and that position in my opinion will never be eroded by bitcoins , both will serve their purpose , they will be complimentary rather than adversarial to each other.
in terms of any aspect, bitcoin wins and is always tested in any case. because bitcoin affiliates really help the human condition in particular. and use the tool as the best virtual money in the world.
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