Bitcoin with real gold - page 10. | Bitcointalksearch.org

BitcoinGirl.Club

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Quote from: mk4 on December 25, 2018, 12:26:33 PM

Not necessarily "damage" the value, it's just that less money will go to bitcoin as some will go to altcoins instead from those extreme shitcoin gamblers. Long term though? I think more money will be allocated to bitcoin due to most of the crappy altcoins dying. Not 100% certain though, as more and more altcoins will be created as time goes.

There are 2068 cryptocurrencies (according to CMC) now including Bitcoin. God knows how many there will be tomorrow.

Using the ETH platform and others, people are creating tokens/currencies almost for everything but how many of them contains real demand? The ICO just ended will lose the hype after few hours. The buyers will regret for the coins they lost but next time they will be very careful not to lose their precise coins.

I do not see the damage of the value here. I see the value is gaining day after day.

LilyCici

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Quote from: mk4 on December 25, 2018, 12:26:33 PM

Quote from: LilyCici on December 25, 2018, 12:13:53 PM

Totally agree with your point of view Wink

But there are too many altcoins, these maybe will damage the value of bitcoin. Sad

Not necessarily "damage" the value, it's just that less money will go to bitcoin as some will go to altcoins instead from those extreme shitcoin gamblers. Long term though? I think more money will be allocated to bitcoin due to most of the crappy altcoins dying. Not 100% certain though, as more and more altcoins will be created as time goes.

Yes, these shitcoin are fraudulent, most of shitcoin will dead, maybe we can help people distinguish their differences and accelerate the death of shitcoin. Do you have any suggestion? Wink

mk4

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Quote from: LilyCici on December 25, 2018, 12:13:53 PM

Totally agree with your point of view Wink

But there are too many altcoins, these maybe will damage the value of bitcoin. Sad

Not necessarily "damage" the value, it's just that less money will go to bitcoin as some will go to altcoins instead from those extreme shitcoin gamblers. Long term though? I think more money will be allocated to bitcoin due to most of the crappy altcoins dying. Not 100% certain though, as more and more altcoins will be created as time goes.

LilyCici

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Quote from: fosco333 on December 25, 2018, 11:23:29 AM

We cannot compare bitcoin with gold. Gold have physical value which bitcoin doesnt have.
But bitcoin have value because it has been used by peoples since 2009.
When more peoples using it, demands will come. If more demands come, the value will increase.

Totally agree with your point of view Wink

But there are too many altcoins, these maybe will damage the value of bitcoin. Sad

fosco333

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We cannot compare bitcoin with gold. Gold have physical value which bitcoin doesnt have.
But bitcoin have value because it has been used by peoples since 2009.
When more peoples using it, demands will come. If more demands come, the value will increase.

azalea69

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Bitcoin and gold are two different assets and have more value, I feel that these two assets are very valuable even though they have different uses. Not everyone has bitcoin, but almost everyone has gold, only this ownership can be distinguished and prices are never stable. Bitcoin and gold continue to have a good future, so it really deserves to be a long-term investment.

Lumi3004

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In my mind Gold and Bitcoin, far the equation of either price or something else,
Gold, real can be held in the form of precious metals, and can be sold anywhere.
bitcoin, digital assets can not be held and sold in the market on certain cryptographic devices not all real markets that can be traded, the price is quite elastic when compared to gold.

Kakmakr

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Quote from: Jcabudx on December 23, 2018, 07:12:09 PM

Why peole always comparing bitcoin and gold? Bitcoin isn't a gold but they have similarities that their price very expensive. That is why all of us wanted to have bitcoin in our hand.

They are comparing it, because the whole concept of scarcity of rare metals like Gold, was the building blocks on which the concept of Bitcoin was built. Bitcoin is a resource that are artificially simulating a process, where less bitcoins are mined over time. and this increase the scarcity of the resource.

The fact that bitcoins are mined are also based on Gold and precious metals that are mined. Wink

There will always be a close link between Gold and Bitcoin. Cheesy

bigito

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I hope it will return Grin

Dana-pasar

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actually both of them are the same, both are worthy to be used as very valuable assets, because bitcoin and gold have quite satisfactory values

Vince44

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we know bitcoin is very valuable and has its own advantages.
Bitcoin and gold are different but have two high value.
future hold better bitcoin not gold, becuase bitcoin future so good

princehandsome

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Bitcoin and gold have the same valuable value, so someone can get a big profit if some use these two gold currencies. I think of course it is not wrong if we consume both because the same can make us rich in the future. I personally like more Bitcoin while gold can also generate profits, so both are also very good.

pooya87

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Quote from: Mhd-Bobbi on November 14, 2018, 12:51:07 PM

I did this research by comparing Bitcoin with real Gold, or does anyone have another opinion?

what made you think bitcoin and gold needed to be compared with each other in first place because to be honest in all these years i have never felt any case where i would think they have anything in common to be compared.
on one hand we have a digital currency that is decentralized and can be used globally and on the other hand we have a physical element that has a lot of usages none of which as a currency and it can only be used locally.

wongdeso

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Digital assets that have advantages and this are very useful, many people have jumped and mined bitcoin, so this has a price. And gold is actually mined with certain tools to get pure and real gold. In bitcoin it does have a limited supply and mining with expensive tools requires capital and seriousness in mining.

thuat86

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Quote from: Mhd-Bobbi on November 14, 2018, 12:51:07 PM

I researched between Bitcoin and real gold.

Bitcoin
Bitcoin is a digital asset, this digital asset is the same as gold but is only available in the digital world.
Bitcoin As a currency that has an exchange rate against other currencies, the movement of the price of Bitcoin also shows fluctuations. Even this is not often used by users to make Bitcoin a trading asset. But concerns, the price of Bitcoin turned out to be moving in very sharp volatility. In fact, the phenomenon of price changes.

Real gold
Gold is a soft and easily forged metal, its hardness ranges from 2.5 - 3 (Mohs scale), and its specific gravity depends on the type and content of other metals that join it.
Gold is used as a financial standard in many countries and is also used as jewelry.
The use of gold in the monetary and financial fields is based on the absolute monetary value of gold itself against various currencies throughout the world, although officially on the world commodity exchange, the price of gold is listed in US dollars. The form of the use of gold in the monetary sector is usually in the form of gold bars or gold in various units weighing grams to kilograms.
Gold can also experience price declines along with the reduced debt crisis that has engulfed a number of European countries such as Greece and Italy.

From the language I said above, it turns out that not only does Bitcoin rise and fall, but real gold in the real world also rises and falls.
If I say my language above, I hope that panic will decrease.
Have positive thoughts not to say that this is the end of bitcoin.
I did this research by comparing Bitcoin with real Gold, or does anyone have another opinion?

digital world now is an indispensable part of human activity and economy. Thus, it should have a digital asset and that is bitcoin

RussaX

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Quote from: Horas1976 on December 23, 2018, 11:11:30 PM

Bitcoin and gold are different but have high value, especially bitcoin which has more value than gold, we know bitcoin is very valuable and has its own advantages. So we can save bitcoin for the long term and are very confident that it will have many benefits in the future.

Bitcoin does not have more value than gold. Gold is in use for thousands of years as a currency, jewerly and store of value. Nowdays it is also used for electronic components, etc. Gold will be used as long as we exist. Bitcoin and blockchain is very interesting technology and it will have impact on the world but at some point it will be replaced with even better technology. It might happen either in 50 or 5000 years from now you never know.

About why do people compare it? I would say bacause it shares some of the properties as limited quantity and store of value.

Horas1976

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Bitcoin and gold are different but have high value, especially bitcoin which has more value than gold, we know bitcoin is very valuable and has its own advantages. So we can save bitcoin for the long term and are very confident that it will have many benefits in the future.

mk4

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Quote from: Jcabudx on December 23, 2018, 07:12:09 PM

Why peole always comparing bitcoin and gold? Bitcoin isn't a gold but they have similarities that their price very expensive. That is why all of us wanted to have bitcoin in our hand.

You said it yourself. They're frequently being compared due to them having a lot of shared characteristics; namely:

Scarcity
Fungibility
Durability
Divisibility

and many more, and bitcoin comes out on top. Gold is only advantageous when talking about gold being used in jewelry and such, and the typical argument "what if there's no internet or we had an EMP hurr durr".

And no, they're not being compared because of both being "expensive"; because you can buy fractions of both gold and bitcoin anyway.

Quote from: bayu7adi on December 23, 2018, 10:59:21 PM

but gold has a more stable price than bitcoin, because gold can be accepted by all countries as asset savings, so price changes will never be as fast as a bitcoin that can drop 50% in just one week
if that happens to gold, chances are that the stability of the world economy will be disrupted, and of course, many people begin to doubt the existence of gold

Goodluck paying your groceries with your gold. Gold is a lot more stable due to liquidity, and that's it. Bitcoin is only 10 years old, liquidity will come in time.

bayu7adi

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paper money is going away

Quote from: Mhd-Bobbi on November 14, 2018, 12:51:07 PM

From the language I said above, it turns out that not only does Bitcoin rise and fall, but real gold in the real world also rises and falls.
If I say my language above, I hope that panic will decrease.
Have positive thoughts not to say that this is the end of bitcoin.
I did this research by comparing Bitcoin with real Gold, or does anyone have another opinion?

but gold has a more stable price than bitcoin, because gold can be accepted by all countries as asset savings, so price changes will never be as fast as a bitcoin that can drop 50% in just one week
if that happens to gold, chances are that the stability of the world economy will be disrupted, and of course, many people begin to doubt the existence of gold

Tahir460pk

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Some investors think that investing in gold now replaced with bitcoin as before they investing in gold now they investing and referring to invest in bitcoin because it's more profitable and become big asset.

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