can bitcoin in the future surpass gold? - page 2.

quality.crypto

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Quote from: bitbunnny on May 27, 2019, 02:24:51 PM

Quote from: aderidwan98 on May 17, 2019, 03:25:50 PM

I believe that the next 10 years will be an extraordinary year for bitcoin, I believe the price of bitcoin will far exceed gold

I don't think that the goal of Bitcoin is to compete with gold. Bitcoin price might surpass gold but gold will still survive as an investment. It's one of the oldest assets of value that people trust the most. And I think that Bitcoin investors and gold investors differ and there will always be those who will prefere one above the other. In general, Bitcoin and gold shouldn't be compared.

Yes, we shouldn't compare both of them each one has their own specialities, Gold is an old asset which many people strong faith in Gold compared to Bitcoin, so in order to get more prosperity to Bitcoin, it will take a lot of time. Where Gold physical entity which many people will invest in gold compared to bitcoin.

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Quote from: aderidwan98 on May 17, 2019, 03:25:50 PM

I believe that the next 10 years will be an extraordinary year for bitcoin, I believe the price of bitcoin will far exceed gold

I don't think that the goal of Bitcoin is to compete with gold. Bitcoin price might surpass gold but gold will still survive as an investment. It's one of the oldest assets of value that people trust the most. And I think that Bitcoin investors and gold investors differ and there will always be those who will prefere one above the other. In general, Bitcoin and gold shouldn't be compared.

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Quote from: aderidwan98 on May 17, 2019, 03:25:50 PM

I believe that the next 10 years will be an extraordinary year for bitcoin, I believe the price of bitcoin will far exceed gold

Bitcoin will not need 10 years to exceed gold... It will happen sooner... much much faster

aderidwan98

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I believe that the next 10 years will be an extraordinary year for bitcoin, I believe the price of bitcoin will far exceed gold

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Quote from: Barmalei06 on July 31, 2018, 01:38:04 PM

I believe that bitcoin is underestimated, I do not claim that it should only grow! But I'm sure that the future is for him! crypto currency in general, and bitcoin in particular - this is digital gold, many people still do not understand this. I'm sure that in ten years it will be so.

Gold is a metal and it's only for fashion. Bitcoin is digital currency so the currency is necessary everywhere not Gold. So, the day is not so far when Bitcoin will be one of all of any currency or asset.

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I really doubt the possibility of bitcoin surpassing gold, I mean in the event of an EMP strike on the world, would gold be rendered useless or crypto? I like crypto but I really doubt the possibility, I guess this topic was just brought up to just bring about arguments..lol

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Due to the relative low number of bitcoin to go around in future many researchers belives that the market cap of bitcoin will likely surpass that of gold. Bitcoin have a huge upside potential so i believe it will surpasa gold in the future

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Quote from: onrise on May 16, 2019, 01:29:37 AM

Quote from: IcoRaces on May 07, 2019, 03:47:40 AM

bitcoin will surpass gold if the price is very stable, when people have used bitcoin as a daily currency, but of course gold still exists in the future, for storing value as well as jewelry

If demand continues to rise or remains same as well it will easily surpass gold as returns in crypto is far better than that of the gold . But yes gold is widely accepted and btc by far is still being not accepted in few counties which could be another reason .

Well, time to time bitcoin will have a mass adoption just like gold if they are the same time found maybe bitcoin now can surpass the gold since gold was the first found than bitcoin. I never doubt with bitcoin I think it has a high chance to surpass gold because I believed on bitcoin that in more demand and less supply will make expensive itself. But who knows, let just time can speak and wait.

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Bitcoin if we look at price already surpass gold, but if we look globally gold is still used by every government as leverage. Every country use this for every money credit they use they use gold as leverage. Basically the more gold they have stored the more money they can take loan. On this bitcoin is still far away for usage of this.

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Quote from: IcoRaces on May 07, 2019, 03:47:40 AM

bitcoin will surpass gold if the price is very stable, when people have used bitcoin as a daily currency, but of course gold still exists in the future, for storing value as well as jewelry

If demand continues to rise or remains same as well it will easily surpass gold as returns in crypto is far better than that of the gold . But yes gold is widely accepted and btc by far is still being not accepted in few counties which could be another reason .

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Many people ask about this, the similarity between gold and bitcoin is both an investment commodity. but both have differences. Gold has a stable value while bitcoin tends to change rapidly.
there is no reason to replace gold, gold has special features and is proven hundreds of years ago.

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Quote from: airdagon on May 13, 2019, 11:09:20 PM

I believe that will happen, because bitcoin is a small asset with a total supply, while gold is an asset that has a very large supply in this world

And to store Billions of $ in Bitcoin you don't need a very big room and security etc like for Gold at the same value.

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Quote from: airdagon on May 13, 2019, 11:09:20 PM

I believe that will happen, because bitcoin is a small asset with a total supply, while gold is an asset that has a very large supply in this world

Yes right and as we know the less supply of bitcoin the more value it will be so I think it is possible to see bitcoin more valuable than gold in future, now gold is not worth investing we are in 2019 so we have so many better options it was only applicable when people were not having any other option but investing in gold so I prefer investing in crypto currency the most specially bitcoin.

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Quote from: IcoRaces on May 07, 2019, 03:47:40 AM

bitcoin will surpass gold if the price is very stable, when people have used bitcoin as a daily currency, but of course gold still exists in the future, for storing value as well as jewelry

Yes I agree, bitcoin will surpass gold, I saw a graphic that showed that it's properties are alreary better than silver, gold is next to be passed Cool

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If you mean in terms of market capitalization, it will definately will despite Gold market capitalization worth billions of dollars. Bitcoin will cash up because the way the price of Bitcoin is moving now, some money will surely leave Gold in favour of bitcoin in no distance time

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I believe that will happen, because bitcoin is a small asset with a total supply, while gold is an asset that has a very large supply in this world

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Quote from: noormcs5 on May 12, 2019, 12:16:54 AM

Quote from: Activitycoin on May 10, 2019, 03:35:08 PM

Quote from: IcoRaces on May 07, 2019, 03:47:40 AM

bitcoin will surpass gold if the price is very stable, when people have used bitcoin as a daily currency, but of course gold still exists in the future, for storing value as well as jewelry

For me bitcoin is much more important than gold because gold is just jewelry but bitcoin is surely the best investment, it will get better day by day, but gold has no important now in this era that it has been having in old ages, let’s see when bitcoin removes the name of gold form best investment list but I am sure it will happen very soon.

I am sure Bitcoin will surpass gold one day. Since bitcoin is a currency its use is much more than gold. People use gold more often as a store of value and price of Gold is also stable. On the other hand, bitcoin price is very much volatile which also attracts the whales and traders to get good profit from its movement.

When the price of BTC will rise above price level that it will become to expansive for people to buy just 1BTC it will become the next storage of value. But we all have to know that until all or more governments don't recognize BTC as a valid currency it will be hard.

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Quote from: Activitycoin on May 10, 2019, 03:35:08 PM

Quote from: IcoRaces on May 07, 2019, 03:47:40 AM

bitcoin will surpass gold if the price is very stable, when people have used bitcoin as a daily currency, but of course gold still exists in the future, for storing value as well as jewelry

For me bitcoin is much more important than gold because gold is just jewelry but bitcoin is surely the best investment, it will get better day by day, but gold has no important now in this era that it has been having in old ages, let’s see when bitcoin removes the name of gold form best investment list but I am sure it will happen very soon.

I am sure Bitcoin will surpass gold one day. Since bitcoin is a currency its use is much more than gold. People use gold more often as a store of value and price of Gold is also stable. On the other hand, bitcoin price is very much volatile which also attracts the whales and traders to get good profit from its movement.

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Quote from: IcoRaces on May 07, 2019, 03:47:40 AM

bitcoin will surpass gold if the price is very stable, when people have used bitcoin as a daily currency, but of course gold still exists in the future, for storing value as well as jewelry

For me bitcoin is much more important than gold because gold is just jewelry but bitcoin is surely the best investment, it will get better day by day, but gold has no important now in this era that it has been having in old ages, let’s see when bitcoin removes the name of gold form best investment list but I am sure it will happen very soon.

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Quote from: AntoCokbun on May 10, 2019, 03:57:24 AM

That really can't be compared because bitcoin and gold are on different paths. But in popularity I am sure that gold is far better known to the public than Bitcoin because sometimes many ordinary people do not know Bitcoin.

in the future bitcoin will become something very famous for long term investment and bitcoin has many advantages that will support higher than gold. basically, gold and bitcoin have similarities as a profitable asset, with the continued growth of bitcoins, it is certain that in the future bitcoin will surpass gold, even if it happens now, if we compare the prices of both, then bitcoin is far above gold

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