Topic: Bitcoin with real gold - page 2. (Read 29748 times)
I can not and do not want to say anything bad about cryptocurrency, but believe me, I feel much calmer when I own a certain amount of gold. Many of my friends make big money using the cryptocurrency market, but nonetheless the main investments are in real business and real valuable assets, including gold.
Both Bitcoins and Gold are unmatched for the value that they provide .
The companies allowing the buying and selling of the gold however, Works very differently , they infact allow you to hold the gold for only 2 months if you are investing in funds .
This is very hectic , I mean you can actually buy the time you are supposed to encash but sometimes it may land you in a loss.
Whereas , Bitcoins , they allow you the freedom to choose whatever you wanna do , there is no telling by the the companies , the wallets or anything else.
I think it is amazing, how it just works with Bitcoins.
The companies allowing the buying and selling of the gold however, Works very differently , they infact allow you to hold the gold for only 2 months if you are investing in funds .
This is very hectic , I mean you can actually buy the time you are supposed to encash but sometimes it may land you in a loss.
Whereas , Bitcoins , they allow you the freedom to choose whatever you wanna do , there is no telling by the the companies , the wallets or anything else.
I think it is amazing, how it just works with Bitcoins.
They are both separate assets. We may see a cryptocurrency backed by gold one day in some countries, if they so wished to do so. Either way, it is possible to exchange between Bitcoin and Gold and you can do so here.
bitcoin now becomes some kind of refuge asset..
You are right..bitcoin never will be vanish like gold..its price sometimes increase sometimes decrease but its does't mean it that will be vanish
There are similarities and differences. Probably the most important difference is that gold is material. Many people do believe in bitcoin, simply because "they can't touch it." Especially elderly
For me personally, the difference between bitcoin and gold is the same. It is a faster way to make money. This is an opportunity not having a large capital, gradually to secure a carefree and happy old age.
Why peole always comparing bitcoin and gold?
People compare Bitcoin to gold because gold is the perfect investment item that has a lot of people investing into. Considering the crypto space, Bitcoin is also the coin most people in this space largely invest in. Since there is some similarities between them making Gold the perfect item to compare Bitcoin to.
gold is still worth, and many people buy it than bitcoin. you know if gold is famous than bitcoin, all of people know about it and i think you cant loss your money if you buy gold. chance to loss your fund in bitcoin is bigger than gold, but the profit that bitcoin gives ís tantalizing. both of them have advantages and disadvantages
So what’s the point of this thread?for comparison of gold and bitcoin?
Gold price also goes rise and fall but no bad as Bitcoin,gold never drops the value up to 700% in which bitcoin does year ago so the difference is too large and I think enough for someone to get panic if they didn’t trust the cryptocurrency and the technology about this
But at least you broadcast this thread to help others understand what people need to do when some downtrend happens
Gold price also goes rise and fall but no bad as Bitcoin,gold never drops the value up to 700% in which bitcoin does year ago so the difference is too large and I think enough for someone to get panic if they didn’t trust the cryptocurrency and the technology about this
But at least you broadcast this thread to help others understand what people need to do when some downtrend happens
even though gold and bitcoin have the same fluctuations. but bitcoin has a higher fluctuation rate. for those who know bitcoin, it might not be a problem investing in it, but for those who don't understand bitcoin, they are certainly afraid to invest. moreover not many countries legalize it
Comparing of bitcoin and gold.as you defined about bitcoin obviously they have different literally.well for me my opinion they are different because we know that bitcoin is run by digital technologies.you can convert into fiat money by transaction usung digital technologies.even your not holding literally tgis bitxoin you can stilll use it.easily to access using digital wallet.easy to carry where ever you are.you can use also where ever you are.
About gold as we know this is an heavy things that should be change first into money.heqvy to carry but we also know it has s big equivalent money if you covert to money but you have to carry this to shop to exchange into money. The difference of two is that much more easier to use bitcoin than gold.you already said the other differences of bitcoin and gold.
why you saying bitcoin is real gold is it because bitcoin should be value like gold that everyones value and keep it and use it in time. Both are valuable and both can be usead money.
About gold as we know this is an heavy things that should be change first into money.heqvy to carry but we also know it has s big equivalent money if you covert to money but you have to carry this to shop to exchange into money. The difference of two is that much more easier to use bitcoin than gold.you already said the other differences of bitcoin and gold.
why you saying bitcoin is real gold is it because bitcoin should be value like gold that everyones value and keep it and use it in time. Both are valuable and both can be usead money.
Bitcoin and Gold ..Both have similar qualities.But bitcoin is more valuable than bitcoin when comes to trading.If you trade bitcoin in correct time you can earn few times more profits than gold.Bitcoin has more growth rate in prize value than gold.Bitcoin is high volatile than Gold.Gold is low volatile.If you like to get more profits you should invest in bitcoin
I saw an ad a little while ago about investing in gold and how you can profit well off of it. I just laughed. We have no time for ancient technology like gold. Sure it looks nice but that's all I see it as,
I don't see it as an asset but rather a product. I guess if you have too much money and nothing to do with it you could stock up on gold bars or coins.
Depends, you will have to work out the total capital for each and / by the existing amount.
I don't see it as an asset but rather a product. I guess if you have too much money and nothing to do with it you could stock up on gold bars or coins.
I think BTC is more than gold, because now the value of BTC is more than gold 
Depends, you will have to work out the total capital for each and / by the existing amount.
I think BTC is more than gold, because now the value of BTC is more than gold
How do you determine the value of gold and Bitcoin in their ratio? I think that there are certain material values that cannot be doubted. Although bitcoin and gold I would not compare.
I think BTC is more than gold, because now the value of BTC is more than gold
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 have a high value if we compare to gold, and the value of bitcoin is fast to high if that it just only a short term, and fast to earn profit. Not like in gold that we wait for a longer time and its not so safe to keep it. Therefore btc is better than gold because it has more profitable and it can be use for all kinds of transaction on online and many uses.It's a stupid comparison. How can you say it's not safe to keep gold? It's surely safer than storing your coins in an exchange (which you don't have any control on the top of that). BTC more profitable than gold? Ok go to tell that to someone who bought when the price was $20,000.
Yes Bitcoin can be used online but it can't off line,
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 have a high value if we compare to gold, and the value of bitcoin is fast to high if that it just only a short term, and fast to earn profit. Not like in gold that we wait for a longer time and its not so safe to keep it. Therefore btc is better than gold because it has more profitable and it can be use for all kinds of transaction on online and many uses.It's a stupid comparison. How can you say it's not safe to keep gold? It's surely safer than storing your coins in an exchange (which you don't have any control on the top of that). BTC more profitable than gold? Ok go to tell that to someone who bought when the price was $20,000.
Yes Bitcoin can be used online but it can't off line,
No doubt today bitcoin has a highest price of this year, and we should see the gold has also going to up, then i agree with you, both have similarities between each other prices. But i like bitcoin more than gold, that's why i prefer bitcoin to investment on it.
Also remember that the price of gold will never rise at such heights in such a short amount of time. It is only precisely useful if you're looking for a way to maintain value with most amount of stability possible under most circumstances.
But if you are smart enough and a bit fear resistant then anyone could try this movement and if they really were smart enough, they won't be disappointed.
Hey guys, I've recently joined the crypto world and there are many questions in my head as I am a newbie. Yes I've been through the thread for the newbies but still there are few questions as this particular thread explains and compares bitcoin with gold. I feel this is pretty much useful information. I agree with the statements which were said, bitcoin is similar with gold but what makes it different is bitcoin's range increases faster and that's what makes it better.
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