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Topic: Bitcoin with real gold - page 6. (Read 29748 times)

full member
Activity: 756
Merit: 112
January 14, 2019, 12:59:11 AM
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.

As long as both can give profits to the investor I don't see any problem. I would invest in bitcoin as much as I would invest in gold.
full member
Activity: 234
Merit: 100
January 13, 2019, 03:57:24 PM
Although gold and bitcoin are constantly compared, I think it is wrong. These are two completely different investments, each has pros and cons. And although gold seems more stable, I still think that investing in bitcoin is much more profitable.
hero member
Activity: 1098
Merit: 500
January 13, 2019, 03:50:18 PM
Yes, gold fluctuates much less. But bitcoin was created not so long ago, it is very young and therefore can not yet be as stable as gold, which has passed the test of time.
brand new
Activity: 0
Merit: 0
January 11, 2019, 08:15:58 PM
How about gold tokenization?  Grin
member
Activity: 322
Merit: 10
January 13, 2019, 03:00:31 PM
There really is a lot in common between bitcoin and gold. But the reality and materiality of gold gives it some advantage over the digital currency, which is concentrated in the Internet. But you are right, gold is also subject to fluctuations.
member
Activity: 446
Merit: 12
BitbondSTO.com | Germany’s First STO
January 11, 2019, 06:47:23 PM
the important thing to note is that the price of bitcoin has a very large price fluctuation, every hour can change quite dramatically, depending on demand and other external factors, different from gold which although the price movements are slow and tend to be stable, but if we calculate in a long period of time, still profitable gold in this matter
newbie
Activity: 196
Merit: 0
January 11, 2019, 06:19:26 PM
the difference is that only bitcoin is digital while gold is real. Bitcoin is our modern currency, as we all know that gold is also a currency back then. The truth there is a difference between gold and bitcoin. Bitcoin is a gold digital and can be dig by mining using computer.
full member
Activity: 217
Merit: 100
January 06, 2019, 09:03:39 AM
What you say I think is not entirely because everything of value is under the influence of the market and the phenomenon of increasing and decreasing all individuals. Bitcoin unlike gold, a digital product cannot be compared to a natural product.
sr. member
Activity: 1344
Merit: 259
Tontogether | Save Smart & Win Big
January 06, 2019, 04:53:40 AM
#99
surely bitcoin and real gold are very different, bitcoin is a technology that was just created in 2009 while real gold already existed when in the past when many people used gold to make exchanges, gold and gold were very different physically so they would never can be equated.
member
Activity: 303
Merit: 12
January 04, 2019, 10:22:39 AM
#98
in my opinion, bitcoin is almost the same as gold because it can be made an investment, the difference is that only bitcoin is digital while gold is real, in the form of metal. but what I know about gold is that if it is consumed by age, the price will go down while the bitcoin will go up and down depending on the market price rather than the factors above.
jr. member
Activity: 40
Merit: 1
January 04, 2019, 10:06:23 AM
#97
Gold is material and for this it will end up being extracted in the future, but this will raise the selling price of each gram, the bitcoin in the same way not being material, when it ends the coin's placing on the market, the value will just grow up !!!!
sr. member
Activity: 686
Merit: 253
January 04, 2019, 09:32:40 AM
#96
Bitcoin exist as both a currency and a commodity and it's commodity features compare to gold just that bitcoin is extremely volatile unlike the relatively more stable gold which is why many prefer to invest in gold than bitcoin. As a currency i think bitcoin far outweighs gold because it can be used to move assets to every part of the world without government censorship but in order to transport just a kilogram of gold one has to go through documentation upon documentation and licensing and pay several taxes,.
member
Activity: 648
Merit: 10
January 04, 2019, 08:58:59 AM
#95
Bitcoin is digital asset have speculative price, how many time bitcoin could change and lower price, but some time bitcoin could be on higher price. based on how many investor want to buy or sell bitcoin.
sr. member
Activity: 2380
Merit: 357
January 04, 2019, 08:49:56 AM
#94
Bitcoin is our modern currency, as we all know that gold is also a currency back then. The difference is that, bitcoin is digital and is super volatile in nature. Although gold has changes in value, it does not move as passive as bitcoin. Other thing is that, BTC is an investment and currency while gold is an investment and jewelry.
sr. member
Activity: 1428
Merit: 251
solidtradebank.com | 5%-15% Welcome Bonus
January 04, 2019, 07:45:47 AM
#93
Bitcoin right now already like commodity and the price always volatiling like others commodity. Gold not too volatile compare with bitcoin price because its already known for centuries and its establish investment. Different with bitcoin, its new market and new investment instrument and i think its natural when we see bitcoin price high fluctuating
hero member
Activity: 1204
Merit: 500
January 04, 2019, 05:47:02 AM
#92
basically many compare bitcoin with gold because many think that has the same potential. I think that this is different. of course, bitcoin is a long-term investment, however, we cannot speculate that the price will change for a long time. it can be said that bitcoin is an investment that is quite risky. while gold, is a long-term investment that has a stable price, and has benefits recognized throughout the region.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
January 04, 2019, 05:09:23 AM
#91
The truth there is a difference between gold and bitcoin, considering the price of gold tends to increase every year. but bitcoin has fluctuating prices. so that's a different thing I guess. maybe if for the purpose of explaining to people who do not understand Bitcoin it can be compared that Bitcoin like gold can be invested for the long term but of course the price is a different systematic
Bitcoin prices also increased a lot when compared to growth of gold but we can't compare it with gold for now since the existence of bitcoin is only for 10 years but gold since many centuries so don't compare gold investments with bitcoin because the return from gold is very less so it is less risky investments.
full member
Activity: 756
Merit: 102
January 04, 2019, 04:13:48 AM
#90
Old people with old mindset must be prefer choosing gold as their investment compare bitcoin. But for young age peoples, Bitcoin is a good alternative investment. I think bitcoin can be a store of value like as gold and if this happen, bitcoin price will rising because bitcoin have limited supply


It's true, the mindset of parents tends to see the gold that feels safer and has good value. And we as a person who is happy with the challenge then the bitcoin will be chosen. The challenges in bitcoin give us more creativity and have great potential to explore.

The main reason why older people choose gold is because they recognize it while they dont recognized bitcoin or any other cryptos because they older people dont surf the internet  .  we all know that cryptos are only popular online and it is been rarely broadcast on t.v and radios   .

But for us millenials we are always online , thats why we recognize cryptos and at the same time we also heard about gold but most millenials were actually vote on gold because gold is more stable and has a physical form where it can be easily kept or sell .

hero member
Activity: 2394
Merit: 512
Leading Crypto Sports Betting & Casino Platform
January 04, 2019, 04:02:21 AM
#89
The truth there is a difference between gold and bitcoin, considering the price of gold tends to increase every year. but bitcoin has fluctuating prices. so that's a different thing I guess. maybe if for the purpose of explaining to people who do not understand Bitcoin it can be compared that Bitcoin like gold can be invested for the long term but of course the price is a different systematic
jr. member
Activity: 196
Merit: 1
EndChain - Complete Logistical Solution
January 04, 2019, 03:24:06 AM
#88
Old people with old mindset must be prefer choosing gold as their investment compare bitcoin. But for young age peoples, Bitcoin is a good alternative investment. I think bitcoin can be a store of value like as gold and if this happen, bitcoin price will rising because bitcoin have limited supply


It's true, the mindset of parents tends to see the gold that feels safer and has good value. And we as a person who is happy with the challenge then the bitcoin will be chosen. The challenges in bitcoin give us more creativity and have great potential to explore.
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