Bitcoin or gold is a valuable asset whose value continues to increase, Bitcoin and gold both have the same level of difficulty to get it albeit differently in supplay. Bitcoin is an alternative to digital gold miners
Topic: Bitcoin VS. GOLD - page 22. (Read 4325 times)
Gold is obtained through physical mining but Bitcoin is obtained through virtual mining as special computer encryptions. Similarity between Gold and Bitcoin is both are available in limited quantity. Bitcoin have no comparison with gold even it will never replace the gold because it still poses a great deal of financial risk subject to market. In most of the countries the status of bitcoin is still undefined but its not in case of gold.
Bitcoin is a decentralized digtal 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.
for me bitcoin will choose to buy even fast before the bitcoin price depends on the demand if lots of bitcoin buying increases the price of bitcoin and if many people recognize bitcoin or around the world it is sure they will be interested and buy it
It is difficult even to compare the usefulness of gold and bitcoin in the real world. Gold has been used as a currency for over 2,700 years, and although you won't go to the nearest gold bar, it's always relatively easy to turn it into dollars. In addition, it is used for the manufacture of crowns and fillings, as well as in industry — as an electrical conductor. Bitcoin accepts a handful of sellers today, and it is impossible to live by paying with bitcoins. Moreover, it cannot have a real use because it is an intangible asset. And, if you do not store bitcoin, its only purpose is to be a means of exchange when buying/selling goods and services.
If there is A war coming everyone will run to the Bitcoin instead of the gold? no i think war is out of topic there because this is not embracing crypto`s,but i think bitcoin will over the price of bitcoin after 5 years and i know its better to invest you money in bitcoin than gold,but its depends on the perception of the people.
Bitcoin is something between a store of value and a currency. The situation with gold is the same. Bitcoin is easier to store than gold and it is easy to move around. You can easily hide it from other people so you can take it large amounts of Bitcoin with you for example on the plane. Gold will be with us for the next few years. Bitcoin might be not easy to understand for some people but it's a matter of time.
Bitcoin may be as much a collection of assets as gold.
Gold has been recognized for its long baptism.
BTC also needs time to prove its value, and it is difficult for BTC to replace gold!
Gold has been recognized for its long baptism.
BTC also needs time to prove its value, and it is difficult for BTC to replace 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
I'm not sure bitcoin can replace gold. Bitcoin has one disadvantage-it can not be taken up, that is, bitcoin is alive while the world Internet is alive. 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
Ofcourse everyone will run over Bitcoin as gold compared will be difficult to carry as well as Bitcoin carry a greater value than gold and better than gold i think
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
Again, the comparison of gold and cryptocurrency coins, I think that all the same the choice is obvious, gold is larger in the industry and looks much more confident and stable. 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
IF there was a war and I needed to flee the country, which asset do you think would be easier and more secure to transport?
If the assets of gold may be a little heavy for transportation in the war agenda. But if the bitcoin didn't bother to be transported. just need to open it with any internet network located
gold and bitcoin have a same price in market but you can get a gold thru hard mining in land. but you can get a bitcoin in easy way of mining in internet.
i think this is not good idea if you compare gold to bitcoin .Gold is you can hold physically than bitcoin in my opinnion gold is better if world are shutting down the internet . But yes i Belive in bitcoin because of its price .
for me bitcoin will choose to buy even fast before the bitcoin price depends on the demand if lots of bitcoin buying increases the price of bitcoin and if many people recognize bitcoin or around the world it is sure they will be interested and buy it.
I prefer gold investment. Because gold has no limit to its use in the stock market and is very popular among investors.
And gold as a capital asset for me for the long term and in old age later.
your gold can be steal by alot of people including government with bitcoin they cant steal without your private key of your wallet and you can protect your bitcoin in alot of ways and bitcoin will grow more in the future with these adoption later on. your gold growth will be nowhere compared to bitcoin. And gold as a capital asset for me for the long term and in old age later.
bitcoins are generated by a competitive and decentralized process called "mining". This process involves that individuals are rewarded by the network for their services. Bitcoin miners are processing transactions and securing the network using specialized hardware and are collecting new bitcoins in exchange.Bitcoin is the first global, decentralized currency that allows you to send money from one person to another without involving a third party broker, such as a bank. You only need your computer to make transactions because Bitcoin is fundamentally software.
As a decentralized currency, Bitcoin isn’t controlled by anyone. It’s open so that anyone can benefit from it.
As a decentralized currency, Bitcoin isn’t controlled by anyone. It’s open so that anyone can benefit from it.
Bitcoin is the future dude. 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.
Bitcoin and gold are different, but for me bitcoin is better. It is weightless and currently its price is higher than gold. The price is also not stable in bitcoin, it may go up than higher than your predicted price. It is easy to mine than gold too. You just need 1% or 5% of bitcoin and a stable computer or laptop with internet and you're good to go, while on the other hand mining gold is a bit hard. You need millions of funds and workers to mine it from the mountains and land.
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
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
They are different. Gold is Physical, Bitcoin is electronic. I however think since the world has gone digital if any replacement must happen, Bitcoin will replace Gold and not the other way round.
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