Topic: Bitcoin VS. GOLD - page 19. (Read 4308 times)

For me bitcoin and gold is good  in every people because both of that we can earn a money by investing but gold is a popular in the whole world because that is commonly use in every reach people and bitcoin is a new currency as a virtual currency that we can earn a money even we are poor people and what reason why bitcoin and gold have a war in every investors both of that is equal because we can earn a money by investing of two of that.

Even gold is more popularity than Bitcoin but actually the valuation of Bitcoin already overpassed Gold in the last year.
People still use gold because it's the stable property that could help them stabling their money.
But people come to Bitcoin because of it's potiental and how much money it can make for them even they still have a chance to lose money also.

Already now there are several altcoins that state the fact that their value is tied to the price of the dollar. But I don't think it's safe yet.

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.

Another not unimportant plus bitcoin:
Unlike gold, bitcoins can not be faked or worsen its quality. Having received bitcoins on your account, you can be sure of them. When buying gold, you will have to check the quality, the test, which is not always possible.

bitcoin vs gold. I'll tell you this some people choose gold because they sell it quietly and that's it. well gold any advantages it carries. and bitcoin will rise very soon to the top. I think bitcoin will rise soon because it strongly sank. and now he should shoot to the top and it wakes up to sell for big money! and no one will be able to sell gold for such an amount as bitcoin. bitcoin is the currency of the future, I guarantee you. my guess is that!

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

Gold has been a very good medium of storing wealth from the beginning of the world. However, the nature of bitcoin is such that you can buy at a a very low price and sell at "infinite" times your initial investment. You can study graphs of bitcoin versus gold pair for a minimum of one year and attest to the fact that bitcoin is highly more profitable than gold. If you're good at trading in bitcoin there is possibility of making higher returns in even a month, more than you could possibly earn from gold in a year. Possibilities of making good profits from bitcoin is endless as compared to gold.

Gold is not for nothing called a precious metal. It does not enter into chemical reactions and is one of the most durable materials on the planet. Bitcoin, theoretically, can be destroyed if certain circumstances develop during the mining. So far, such situations have not arisen.

We come to the conclusion that it is exactly bitcoin that the role is to replace gold as a safe asset. It can grow in price indefinitely - it's a commodity that costs nothing!

Many experts draw attention to the similarities between the most popular cryptocurrency and gold. Does bitcoin and gold really have much in common? Here's a small comparison:

Decentralization and independence
The main advantage of the bitcoin currency is its independence. The value of bitcoins is based on the so-called blockchain, or a decentralized database stored on devices of all system users. It is on the basis of the information contained there that the authenticity of the bitmonet is confirmed, which makes it possible to carry out the transaction. In turn, each subsequent transaction expands the said database.

Bitcoin - like gold - operates on its own terms, thanks to which it is independent of central banks and governments, as well as the situation on the markets of other assets.

Limited resources
The algorithm, on the basis of which bitcoin technology works, allows the entry into circulation of a certain number of coins - 21 million. Each bitcoin is a code generated by the system that can be "extracted", i.e. obtained after sharing the appropriate computing power of your device. No one from the outside can generate new codes, therefore bitcoin resources are limited and will be exhausted. What's more - the fewer bitcoins remain, the more difficult and more expensive it becomes to "extract" them, because each subsequent code is more complicated than the previous one.

Bitcoins and gold can only be extracted. To get them you need to invest time and money. The bank will not print them, the government will not devalue.

Kryptowartość
Cryptocurrency is the currency, or contractual - and in this case completely virtual - medium of exchange of values, which, however, does not have it in itself. Meanwhile, the value of gold is based on its physicality. Its existence does not require advanced technology or internet access. On the contrary - the yellow ore keeps its value despite the technology. Gold is therefore on the other side of the barricade and therefore is the best safeguard for modern crises. When everything else goes down, gold will be gold.

Bitcoin is an experiment that can bring a quick profit but at the same time generates a lot of risk. Gold is a real money and a safe way to diversify your portfolio.

for now that's correct, but gold kept a lot of stability when it was linked to dollars. If you check out the charts, you'll see its actually not as stable as people think, it just exists a lot longer than bitcoin

Gold is a more stable investment than Bitcoin which is so volatile and in the time of crisis like wars or financial crisis, people tend to go in for gold because they believe in its power.

Many people call Bitcoin The digital Gold. But Bitcoin is totally different. It is very volatile on the contrary we've seen that gold price do not shift that frequently. But I think both are good for investing.

Why exactly bitcoin or gold ?. Among my acquaintances, I generally do not know such that they collect and accumulate value in gold. Of course, everyone has gold jewelry, but they do not collect it as a means of storing value.
 In my opinion, in case of war, your savings can simply be transferred to the country's bank, which will not participate in the military conflict. In addition, now there are a lot of varieties of different bank cards that are accepted for payment all over the world.
Even if the funds in some people are in gold, they can be converted through the bank into any currency and transferred to any country, where again, if desired, can be turned into gold. Therefore, it is not necessary to drag gold with them in case of any military conflict.

Yes that is right, instead of comparing them then invest in both ways so that your money can maximize since in gold you have the assurance that you will not lost much of your investment, but it will take you time before you can double up your investment unlike in bitcoin wherein you can play with the market anytime.

I don't think so ,btc need some hardware support but gold didn't

Both bitcoin and the gold are all store of value it relevancy depends on the values that is place on them and what make such value available is the services such commodity perform e.g bitcoin is a store of value and at the same time a store of value but the gold in the other hand umis just a store of value so with this bitcoin is much higher the gold base on my own personal opinion.

I think that bitcoin has a huge volatility at the same time gold (in my country) is stable growing from beginning till the very today!

If choosing both as an investment tool is a very appropriate choice. Gold has a real value but the movement of her heroes is not as fast as bitcoin. Conversely bitcoin is very volatile. So, my suggestion is profit from cryptocurrency serve as capital to buy gold.