Topic: Bitcoin vs. Gold Prices - page 11. (Read 2347 times)

Altcoins are no doubt doing very well and that most of the traders are trading in these coins but still you can’t deny the importance of the bitcoin and the name which bitcoin has in the world of crypto currencies.

I don’t really think so that bitcoin can be beaten by any of the crypto currency in the future as well because the way it is performing is too good and above all, it is also helping its investors in making of more money as well.

Every currency have their own importance and for us the bitcoin is important than Gold and with the bitcoin gold is not connected but the paper money is directly attached with the gold availability and the usage of this currency will high in the future. And the gold is good for the physically existed currency and those who have this currency they can better than those who have gold.

Bitcoin Prices and Gold Prices are certainly very different at all. If the price of Bitcoin up and down very quickly. While the price of Gold increment is not like Bitcoin, it must take a long time.

may take advantage in terms of buying and selling, bitcoin still has a much better advantage than gold, because you can do it instantly and quickly. while gold, so much to think about before serving. but, in terms of price, gold might be better.

If we make a comparison in between the market prices of bitcoin and that of gold only, then we will get to know that it is the market prices of bitcoin which are far more than that of gold and that they are also increasing at a very rapid rate. The price of gold is very much stable since long and that it is not helping its investors in making of any significant amount of money as well. You need to think well and make a smart decision.

Bitcoins are better if used tactically and if we could spend quality time on it. Otherwise go for gold investment both of them are good

Altcoins are indeed a threat for bitcoin because that is where the replacement for bitcoin will come in the future. Altcoins are having more and more better features and specifications and if the people really find an altcoin that is literally better than bitcoin then it will be just easy as pie for that altcoin to replace bitcoin.

"Rolling devaluation" is different from simple inflation in the price of everything else, in that the price of gold is suppressed by the elites through derivative trading most of the time, but must be allowed to rise dramatically during times of financial stress.  This is in effect no different from the gold standard, but with frequent devaluations.  (Suppressing gold appreciation against state money was the real purpose of the gold standard.)  The visible difference between devaluation and inflation is that devaluations were always denied strongly beforehand and implemented overnight, and that the gold price would stay the same for a long time afterwards.

It's highly interesting that the official gold-standard rhetoric stated that gold was money, but that was the time when gold earned zero return for very long periods in the 'core' countries.  Today, the officials say gold is nothing, but it's during this period that gold went up 30+ times.

The petrodollar was just a scheme to ally with oil-rich dictatorships to prop up the value of the dollar by accepting only dollars for oil.  Needless to say, this particular market manipulation has had more than its fair share of side effects.

'Inherent value' is highly misleading, because even gold doesn't have enough 'real' use to justify its current value.  The monetary value of anything is always subject to convention and crowd psychology.  (Because money is ultimately just a protocol.)  The elites have a lot of power because of this, BTW, but that power has been spent by issuing money and debt to benefit previous elites.

The meaningful dividing line is not the physical form (or 'inherent value') of any money, but state-issued vs. state-free, today.  (You could argue there is also a bank-issued form.)  Natural monies (gold, silver, Bitcoin) don't carry the inherently destructive incentives built into human-issued money.  That is what makes the real difference.

Yes, even Goldman Sachs agrees that Bitcoin holds advantages over gold for moving and storing.  But the same report puts gold at an advantage on basically everything else.

To me the biggest threat to Bitcoin is altcoins, since there can be an unlimited number of coins, among all altcoins.  Gold is secured by physics, not by code and data as cryptos are.

besides that, we don't have to worry how to safe bitcoin, as long as we can keep our private keys then we are safe. and now, bitcoin price increases higher although it is not as much higher in the last December, but it still more expensive than the gold. we have two type investment today which is bitcoin and gold and we can invest our money in both bitcoin and gold.

Well it depends upon the situation , for my own opinion, bitcoin is now most expensive than gold, because bitcoin is very expensive and very securr unlike gold, it can be easily stole.

Yeah yourw right and for me bitcoin was my choice because my friends and I were totally have an income on it.This ia also the best way in terms of helping my family.

Prices of both are very much different because bitcoin has a volatile value while gold has its stable value and it increasing every year. On my own, I will keep the gold for the long time as its value increasingly but if you hold bitcoin for that long we cannot say on that year is gonna be high or not.

obviously gold answer, because gold will not die, gold has been the standard since the beginning of time

Personally, I don't see any real links between gold and fiat these days. You say that fiat is a rolling devaluation against gold but I don't see how gold is particularly different from anything else, for example, crude oil. What about petrodollar after all, huh? Fiat is depreciating against everything which is anything in terms of value. Apart from that, I don't really feel you can so easily equal gold and crypto. The latter is more like fiat because they share the same trait or fault, lack of inherent value. The recent magnitude 10.0 cryptoquakes that shook the market unequivocally proved that thing, end of story.

One of the most striking differences between gold and bitcoin is that while the precious metal represents a physical object, bitcoin is entirely digital.

Past that, both the current and maximum supply of bitcoin are known entities. More specifically, the bitcoin protocol caps the total number of these digital currencies at 21 million, and interested parties can find out how many of these bitcoins have been mined by looking online.

No, for the same portion of total supply, gold is still a lot more expensive than BTC.  (See OP.)

For me I am gonna support the investment in btcs because btcs can make us rich in a moment and that's exactly what I want

Its upto the common sense of people. Clever people knows that gold may be less costly but has more validity than btcs

although it's more expensive than gold, we could buy bitcoin at any portion, we can buy whole 1 bitcoin or some part of bitcoin and as long as we have money, we can buy at any price. and I think bitcoin price will increase and will getting high again so there is a big gap in the price of bitcoin and gold. but I still prefer to buy bitcoin right now and maybe I will buy gold later if I can make a big profit in bitcoin first.