Bitcoin VS. GOLD - page 29. | Bitcointalksearch.org

LiberateDPigeon

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Quote from: kotajikikox on March 14, 2018, 06:17:01 PM

Quote from: TheGodson on October 15, 2017, 02:28:08 AM

No, gold is a physical thing you can hold in your hand. Bitcoin is electronic data. It is stored on the blockchain for everyone to see. Everyone cannot see all the gold. The blockchain cannot be manipulated unless there is someone who controls over 51% of the mining power. Gold can be melted and turned into other material. Both are hard to change. Gold and Bitcoin are similar in some regards, but also very different.

There is always a war somewhere, but I don't believe it has any effect on whether people want gold or bitcoin.

I really agree with you mate botch have deference characteristic as investment, gold are the old one traditional investment keep in the very safety bank house, bitcoin is decentralized and keeping bitcoin in online wallet have risk but this coins have big capability to give people better life for keeping for a long time.

You can "buy gold" online though which can still potentially be hacked. Although gold is safer for investors since it is less volatile especially when the world market is stable.

dragonhunter11

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Since the gold is not unlimited and so is bitcoin, maybe they can be related like one to one ratio or so.

Cryptokobi

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Quote from: kotajikikox on March 14, 2018, 06:17:01 PM

Quote from: TheGodson on October 15, 2017, 02:28:08 AM

No, gold is a physical thing you can hold in your hand. Bitcoin is electronic data. It is stored on the blockchain for everyone to see. Everyone cannot see all the gold. The blockchain cannot be manipulated unless there is someone who controls over 51% of the mining power. Gold can be melted and turned into other material. Both are hard to change. Gold and Bitcoin are similar in some regards, but also very different.

There is always a war somewhere, but I don't believe it has any effect on whether people want gold or bitcoin.

I really agree with you mate botch have deference characteristic as investment, gold are the old one traditional investment keep in the very safety bank house, bitcoin is decentralized and keeping bitcoin in online wallet have risk but this coins have big capability to give people better life for keeping for a long time.

you do?

kotajikikox

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Quote from: TheGodson on October 15, 2017, 02:28:08 AM

No, gold is a physical thing you can hold in your hand. Bitcoin is electronic data. It is stored on the blockchain for everyone to see. Everyone cannot see all the gold. The blockchain cannot be manipulated unless there is someone who controls over 51% of the mining power. Gold can be melted and turned into other material. Both are hard to change. Gold and Bitcoin are similar in some regards, but also very different.

There is always a war somewhere, but I don't believe it has any effect on whether people want gold or bitcoin.

I really agree with you mate botch have deference characteristic as investment, gold are the old one traditional investment keep in the very safety bank house, bitcoin is decentralized and keeping bitcoin in online wallet have risk but this coins have big capability to give people better life for keeping for a long time.

Liternyy

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For example, to buy a house worth 200 thousand dollars, it will take about 5.5 kg of gold. At the same time, it will have to declare and pay for storage, the corresponding fees when crossing the border, etc. In addition, it will be necessary to pay for its verification for authenticity, protection and insurance. Not so long ago, fakes were very common, inside of which was tungsten. Additional costs will be the conversion of gold into currency, because not all are ready to accept as payment metal (at least not in full). In general, to pay for all additional costs will need to be about 1 kg of gold.
Bitcoin moves instantly. To use it, complex handling procedures are not needed. They can pay in a huge number of places and while it does not require conversion into money. To pay, you only need a password from your wallet, which you can write down or remember. For this, third parties are not needed, providing the whole process for which you have to pay separately. BTC is very easy to "transport" across the border, because it does not need special funds. Bitcoins are easy to access from anywhere where there is Internet. It will only be necessary to use some gadget.

randulakoralage961007

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These two are valuable assets.Gold is a physical asset.But bitcoin is n't a physical asset.Bitcoin is an electronic data that is like an electronic coin.In the past according to the values of bitcoin and gold, We can say gold is valuable than bitcoin.But now, as I think bitcoin is valuable than gold.And also, In the future definitely bitcoin is the most valuable thing because the value of bitcoin will increase day by day.

Delos

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Quote from: usekevin on March 14, 2018, 05:27:45 PM

When the price of bitcoin around 100$,It was compared to the gold and it's possible to replace the gold .And it's possible for the price raise of bitcoin then gold.Now the price of bitcoin is 10,000$ ,which is n times of gold value. So bitcoin already replace the bitcoin, you should have this in your mind.

gold replace or bitcoin?

Yes, but the gold lobby don't want to see this. If one day bitcoin really replace the Gold, Gold will be just a ordinary piece of jewellery. Nothing more. The price will falling. Same as they do now with the bitcoin.

usekevin

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When the price of bitcoin around 100$,It was compared to the gold and it's possible to replace the gold .And it's possible for the price raise of bitcoin then gold.Now the price of bitcoin is 10,000$ ,which is n times of gold value. So bitcoin already replace the bitcoin, you should have this in your mind.

Delos

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Gold is old fashioned and out.

In times we are traveling and mobile nomadic lifestyle, thinking if you want to carry 10 kg gold around. Go in a airplane

You will not pass the first security gate!

Bitcoins or other crypto on a SD-Card or a Hardware Wallet is much more 2018. You can store millions of $ worth in.

You can copy and backup in case it gets stolen.
You can do this with gold

awawo

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Bitcoin has mor value then gold in most cases because with the short time that bitcoin came around it price has superseded that of gold and with the time that gold has been around and still was beaten in term's of price in the exchange market it very clear that any one looking for an investment that will yield good profit the right choice is bitcoin against gold.

LuvCyanide

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I don't think Bitcoin will fall to$100. So I would have invested most of the money in Bitcoin.

Cryptokobi

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Quote from: coynedterm on March 11, 2018, 06:25:38 PM

Quote from: Cryptokobi on October 15, 2017, 02:03:15 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

All types of analysis about the bitcoin are worst only because everyone knows that bitcoin is not just a part of our cryptourrency as a king but it also have that place in the community of the users where everyone have trust that if they will sell the bitcoin then surely they will get better amount for that .
So don't think about the gold with bitcoin , both of them are better at Thier place but gold can't replace bitcoin , Because here already bitcoin replaced most of the expansive asset in this world .

yup

Cryptokobi

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Quote from: juiceannabel on March 11, 2018, 09:17:45 PM

for now, it is impossible that gold will be replaced by bitcoin.
but for the far future, it is possible, but if only bitcoin is used by all peoples like the gold.

For sure

juiceannabel

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for now, it is impossible that gold will be replaced by bitcoin.
but for the far future, it is possible, but if only bitcoin is used by all peoples like the gold.

coynedterm

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Quote from: Cryptokobi on October 15, 2017, 02:03:15 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

All types of analysis about the bitcoin are worst only because everyone knows that bitcoin is not just a part of our cryptourrency as a king but it also have that place in the community of the users where everyone have trust that if they will sell the bitcoin then surely they will get better amount for that .
So don't think about the gold with bitcoin , both of them are better at Thier place but gold can't replace bitcoin , Because here already bitcoin replaced most of the expansive asset in this world .

Aum Ram

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Bitcoin is a much more promising asset than gold. Yes, they are similar. But gold will never cost $ 1,000,000 per gram. The price of bitcoin will grow much faster than the price of gold.

kamike

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Quote from: Cryptokobi on March 11, 2018, 03:46:22 AM

Quote from: Cryptokobi on October 15, 2017, 02:03:15 AM

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
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

So far if I were have to choose I would prefer to invest in bitcoin, because Gold is not so much profitable and it will take a lot of requirements before you do it unlike in bitcoin where there is no requirements, an email address , fund when needed and no hassle to transact because you don't need to wait for some days before you can get your investment.

joesorrell

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I would prefer Bitcoin it has so much protntial to grow.

PersonalInitiative0

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I think not. But I would prefer bitcoin

Cryptokobi

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Quote from: Cryptokobi on October 15, 2017, 02:03:15 AM

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
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

Topic: Bitcoin VS. GOLD - page 29. (Read 4308 times)