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?
In my opinion a bitcoin, cause bitcoin is digital currency wherever you go can carry easily safe and secure but in gold they have physical aspect and gold are not safe in the eyes of thief person. Bitcoin is the better than gold. 
Topic: Bitcoin VS. GOLD - page 4. (Read 4323 times)
Bitcoin can never replace gold because there are some differences between Gold And Bitcoin are :
1. Gold Price More Stable than Bitcoin.
2. Demand Will Gold Come From More Diverse Resources.
3. Bitcoin Created With Computer And Software, While Gold Is a Natural Resource.
4. Bitcoin More Easy to Carry Than Gold.
5. Bitcoin Can Be Used As A Payment Tool, While Gold Can not.
Of all the comparisons it is certain that bitcoin is better and profitable, and if we measure from the level of profit then by invest bitcoin we can get profit hundreds or even thousands of percent per year while gold is not more than 20% per year. 1. Gold Price More Stable than Bitcoin.
2. Demand Will Gold Come From More Diverse Resources.
3. Bitcoin Created With Computer And Software, While Gold Is a Natural Resource.
4. Bitcoin More Easy to Carry Than Gold.
5. Bitcoin Can Be Used As A Payment Tool, While Gold Can not.
Although gold is very good but it does not get much profit by bitcoin. When investing in bitcoin, the risk ratio is much higher than buying gold, but I take high risk to make more profit.
Gold has a physical form, and its value is always up for every year,
but you can not send as much as a ton of gold to another country in seconds and cheap shipping costs like BTC
BTC can be a digital asset, and is great for transactions
but you can not send as much as a ton of gold to another country in seconds and cheap shipping costs like BTC
BTC can be a digital asset, and is great for transactions
Bitcoin can indeed compete with gold but in times of crisis in times of war it will be difficult for people to access their coin purses through computers.
People may expect that bitcoins can turn into physical form so they can more easily use their bitcoins offline, but it gets harder. This is similar to the era of technological decline, but hopefully bitcoin developers can solve this problem and improve bitcoin performance for the better.
People may expect that bitcoins can turn into physical form so they can more easily use their bitcoins offline, but it gets harder. This is similar to the era of technological decline, but hopefully bitcoin developers can solve this problem and improve bitcoin performance for the better.
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 think it has a big chance that bitcoin can really replace the gold in the future because right now bitcoin is getting more popular and getting more stronger crytocurrency so there is no doubt that in the future the value of bitcoin can be more very high than 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
In my opinion, now gold is much stronger and more stable than bitcoin, I think no one will argue with this opinion. But bitcoin has huge potential and no one knows what will happen in the future. I believe that bitcoin is digital gold!
I think that bitcoin will never replace gold. There is so much use of gold other than being a store of value like jewelries and for electronics. Although price is bitcoin is higher than that of gold, still a lot of people prefers to invest on things that they can grasp upon or the tangible ones rather than the intangibles.
You got a point.
Can't wear BTC around the neck.
I don't think if its fair to a virtual. Currrncy to Gold. The value of gold is more regulated by the world government policies and therefore the prices and fall freely as those of Bitcoin.while the price per ounce of Gold is currently at $1295, the Bitcoin price is at about $8k. Which is still considered low as we have seen it go up to 10k before, in terms of valuation, these two cannot and should not be compared as they operate in different markets with different conditions
For now bitcoin investment is certainly more profitable than gold, I never doubt that the future of bitcoin will continue to improve even though the current price is declining.
Will if thier are war it will be good if you choose gold instead of bitcoin. Because you cant use bitcoin in that time. And i think that prediction is fud. Take a look at the market bitcoin is increasing every year
The market is growing every year but this does not determine the full future of Crypto. Bitcoin may be really good at the moment, but I think it's like you. If no-one thinks that bitcoins are of interest, investing in gold will be a better option.
They are different so no war between them. Bitcoin is digital curruncy with decentrilize form although they both valuable source of income. And for my opinion if bitcoin will replace gold and if there's a war coming I think no because there is no war between bitcoin and gold. They are two different things which have many things alike, but the one thing is clear, they are competitors, but not enemies.
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 do not think Bitcoin can replace gold. Although the price of Bitcoin can be high in a short time the gold has been trusted by all people in the world. And almost everyone is investing in gold. So it seems difficult to replace gold let alone many people who do not believe in Bitcoin. 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
Will if thier are war it will be good if you choose gold instead of bitcoin. Because you cant use bitcoin in that time. And i think that prediction is fud. Take a look at the market bitcoin is increasing every year
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
It is possible that it will happen because these days the demand of bitcoin was rising so that the investment become bigger. Also if there's a lot of people will only depend on bitcoin the gold will be decrease and the possibility of bitcoin to increase and to replace the gold.
Certainly the bitcoin will replace gold because of the huge amount of investors now in bitcoin and the size of it here and maybe in the next few years they will forget the gold word and they just remember bitcoin.
I think bitcoin will not replace gold, because they are different and have characteristics. which looks are the shape, bitcoin is not real, just a program in the online world, while real gold, can be touched and hand-held. gold is metal, bitcoin is system. and gold can not be carried in large quantities. but bitcoin is very easy in the pocket. I still believe in bitcoin as a new commodity.
if in my opinion it is Bitcoin that will soar to beat gold and bitcoin will be more glorious
definitely later Bitcoin will give more surprises at the end of each year and can make Bitcoin better than Gold
definitely later Bitcoin will give more surprises at the end of each year and can make Bitcoin better than Gold
Let's confess, how many of us, people from the forum, really invest in gold. I doubt that the number is high. I suppose the biggest number of people here are young generation, somewhere between 20 and 30. And I'm sure almost all of us prefer to invest in crypto currencies rather gold. Gold can be called as sure investment, but it doesn't grow on the price so fast as bitcoin, so it suits mostly for cold storage than profit oriented investment.
You have a point there.
It's easier to make money on crypto than on gold.
Gold is for those that have loads of money and want to secure it because the gold prices never drop much.
Let's confess, how many of us, people from the forum, really invest in gold. I doubt that the number is high. I suppose the biggest number of people here are young generation, somewhere between 20 and 30. And I'm sure almost all of us prefer to invest in crypto currencies rather gold. Gold can be called as sure investment, but it doesn't grow on the price so fast as bitcoin, so it suits mostly for cold storage than profit oriented investment.
Oh, it depends, I think, on the reasons one might have to invest in crypto.If one thinks it is a cool technology, than really, there is no reason to invest in gold.
If one invests, on the other hand, as a preparation for an imminent global crisis, to preserbe one's capital, then it is only prudent to invest in gold too.
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