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Topic: Bitcoin VS. GOLD - page 23. (Read 4325 times)

sr. member
Activity: 504
Merit: 268
May 09, 2018, 02:43:11 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



Both gold and bitcoin have different qualities, however I prefer bitcoin than gold because it is easier to be used by common folk. While gold investment is complicated, bitcoin is easier to use. Bitcoin is virtual and you can store it without the fear of being stollen by thieves.However, I think that you were right in investing in both gold and bitcoin investmeny because we do not know the future.
newbie
Activity: 42
Merit: 0
May 09, 2018, 02:42:36 AM
BTC and GOLD are two very different things! Whatever its value, I am certain we both should invest on the same assets!
newbie
Activity: 74
Merit: 0
May 09, 2018, 02:07:47 AM
I prefer to hold bitcoin
full member
Activity: 560
Merit: 105
May 09, 2018, 01:36:44 AM
I prefer bitcoin to gold because I think the bitcoin movement is clearer and more profitable, you also see the total bitcoin in circulation so that the bitcoin movement is very different from the total gold supply is not clear.
member
Activity: 210
Merit: 10
May 09, 2018, 01:26:46 AM
Bitcoin is a digital currency with limited issuance and a register shared by many people to act as a conscensus for the transfer of coins between parties. There is no point in comparing Bitcoin with Gold except to say that they both can be used as a store of wealth and held outside of the current FIAT based money system. I have both as a hedge against problems down the road.
sr. member
Activity: 560
Merit: 261
May 09, 2018, 01:23:25 AM
Bitcoin is much better than Gold in many cases.
It is much easier to transfer bitcoin.
Bitcoin is more likely to appreciate a lot.
member
Activity: 243
Merit: 10
May 09, 2018, 12:35:34 AM
Gold is available in limited quantities, and this is what causes the price to increase over time.

Bitcoin is exactly like that, but the difference is that it is digital or invisible. So now imagine you've turned the gold into something virtual and stored on your computer or smartphone. Bitcoin has all the important aspects that gold has, but it looks like an internet quota.
newbie
Activity: 19
Merit: 0
May 09, 2018, 12:30:14 AM
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.
member
Activity: 336
Merit: 10
May 08, 2018, 11:30:49 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


Bro there are similarity between bitcoin and gold.Like bitcoin and gold both can be used for long term investment.They both works as assets.But sometimes we fear that the Bitcoins value can be zero..But gold can never be zero.And gold is a jewellery where as bitcoin is a currency..So in your country goldcoins are used as real money?
If not then there's no question of replacing Bitcoins with gold..There's a huge difference in which sense you are saying.
sr. member
Activity: 1009
Merit: 328
May 08, 2018, 11:23:56 PM
I think bitcoin will not replace gold. In terms of security investing gold is superior because its value is more stable than bitcoin and also there is a real gold, not like bitcoin. Moreover, all countries have agreed that gold as a wealth asset. Even more people are open to gold than bitcoin.
I believe that bitcoin and hold is different from each other and they are not comparisons, bitcoin is a digital numbers while gold is a precious treasures. We can use both of them in gaining through investing but we cannot really compare both gold and bitcoin, but is i have to choose one of it i will still choose bitcoin, because I believe that bitcoin is amazing than gold.
jr. member
Activity: 196
Merit: 2
“Revolutionising Marketing and Loyalty”
May 08, 2018, 11:12:44 PM
I think gold will still win. Why? Because the layman will prefer gold than bitcoin. Anything that will happen with bitcoin, gold enthusiasts will be more and gold has more certainty than bitcoin.
newbie
Activity: 112
Merit: 0
May 08, 2018, 10:42:43 PM
Bitcoin will be the gold of the future
member
Activity: 392
Merit: 10
May 08, 2018, 10:27:03 PM
I think bitcoin will not replace gold. In terms of security investing gold is superior because its value is more stable than bitcoin and also there is a real gold, not like bitcoin. Moreover, all countries have agreed that gold as a wealth asset. Even more people are open to gold than bitcoin.
jr. member
Activity: 196
Merit: 1
May 08, 2018, 10:18:53 PM
bitcoin and gold are two different things: one is physical, the other one virtual. we need both.

Bitcoin has a very high demand which obviously can make bitcoin prices to be very expensive because the harder it is to get it will be very expensive. I prefer to have bitcoin and bitcoin trade rather than have a total amount of gold that is very obviously less than gold
member
Activity: 171
Merit: 10
May 08, 2018, 06:18:44 PM
The demand for gold is not going anywhere and the demand for Bitcoin keeps rising, they can coexist. Looking at history it is safe to assume that gold will last for many more years to come, also looking at the supply of gold. In fact, many countries are stockpiling gold as I type. The demand for gold does not discredit the demand for Bitcoin, they both hold their place in the economy.

One thing I must say is, there are many cryptocurrencies. So perhaps the next best currency would be the one to topple Bitcoin, I do not see one so far.
sr. member
Activity: 734
Merit: 250
May 08, 2018, 05:30:20 PM
for 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

Yes if we talk about the payment system then bitcoin is really the best in them. As gold is now not used as the payment system but in this topic I can see that the OP is telling about the investors that which will they think better for their investment so even in this case I will favor for the bitcoin because bitcoin is in the initial stage and in the longer time the price of it will increase much higher and anyone can invest any amount in it.
member
Activity: 243
Merit: 10
May 08, 2018, 04:36:56 PM
Gold has been here since millenniums and ancient times which is not just an asset but also have a use case in industry and technology which make it better than btc in any case
hero member
Activity: 910
Merit: 507
May 08, 2018, 04:35:07 PM
bitcoin is virtual gold and gold is real asset but bitcoin is something big and a technology.and in my opinion btc is better than gold .
bcz bitcoin giving you profit but gold is not doing same like bitcoin.
both are asset but bitcoin is virtual asset and best
You are right bitcoin is virtual currency that the price now are so high gold is a real asset that we can collect it or wear it but the price of gold are very cheap than bitcoin.
full member
Activity: 826
Merit: 104
May 08, 2018, 04:30:06 PM
bitcoin is virtual gold and gold is real asset but bitcoin is something big and a technology.and in my opinion btc is better than gold .
bcz bitcoin giving you profit but gold is not doing same like bitcoin.
both are asset but bitcoin is virtual asset and best
copper member
Activity: 133
Merit: 0
May 08, 2018, 04:25:35 PM
Has Bitcoin any garantees in case of emergency sitiations? What if this is fake?
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