can bitcoin in the future surpass gold? - page 5.

imstillthebest

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Quote from: Vesperion on April 20, 2019, 10:32:35 AM

Quote from: Barmalei06 on July 31, 2018, 02:38:04 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.

Bitcoin already surpass gold, that's obvious. I know people who sell their bitcoins to buy gold and the lose tons of money with that stupid investment.

I don't know what's the market capitalization of gold, but for sure bitcoin can fight vs that.

People might be selling and buying gold but they dont loose money . they intend to do it because gold is useful in many ways not just for investment . they may buy gold ( the jewelry ones ) and use it as acesory for thier bodies . they may buy pure gold as an investment .

bitcoin and gold are both different in my opinion because one is digital while other is physical . theres no point of comparing them to one another .

liuqi

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LuckyB.it is Back!

Damn shit still the people are bumping this question? If the forum can enable to duplicate remover to trash the similar thread and pushing the answers to the users who want to learn about that question, it is really useful and we can avoid the spams too.
If I remember correct, I saw this kind thread in 10+ numbers in few months and few years before on bitcoin discussion.

Vesperion

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Quote from: Barmalei06 on July 31, 2018, 02:38:04 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.

Bitcoin already surpass gold, that's obvious. I know people who sell their bitcoins to buy gold and the lose tons of money with that stupid investment.

I don't know what's the market capitalization of gold, but for sure bitcoin can fight vs that.

crossabdd

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hmm i think your problem has been solved

Quote from: lephuqui on July 31, 2018, 07:59:22 PM

I have another thought. I think btc will be crossed by other currencies in the future. Currently btc system is facing many disadvantages:
+Poor personal security (when you lose the key you have absolutely no way to get back or into your account)

you can use Xapo wallet, coinbase wallet, or other wallet service where you can reset password if you forget it.

Quote

+ Speed of transaction processing and difficulties in upgrading.

its fast and free fee transaction if you send to other coinbase address/ account, or you can lightning network for real transction.

Quote

+Currently, whales are holding a large amount of btc so the price is completely dominated by the corporations
These are the points I can look out for. Please comment.

do you know america have 8.133,5 Ton gold??

crossabdd

legendary

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what do you think bitcoin surpass gold??
if your parameter is price, the currenct price of bitcoin is higher than gold, if your parameter is volume trading the bitcoin volume is higher too.

yvesp110

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Quote from: spike420211 on April 18, 2019, 08:36:59 AM

Quote from: saikot20 on April 12, 2019, 08:52:56 AM

I think don't compare bitcoin and gold becous these market value 2 types. Bitcoin and gold are totally different.

And the most important difference between them, in my opinion, is that bitcoin does not have a physical referent in our world, it is an exceptionally digital product, while you can touch gold or even store it under your bed at home.

For me as well crypto currency does not have any physical presence and bitcoin can be kept in wallet which is directly connected to internet, nothing can take your investment away you can keep it safe, but having gold at home is pretty dangerous anyone can rob your house and take your all gold, one more things gold has really low profiting ability,

Fortify

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Nobody can predict the future like that, but you could argue that bitcoin is a lot more scarce than gold. Gold is still being mined and nobody is quite sure of how much actually exists. The price has kept pretty steady over the last few years, but as a safe haven store of value it does usually tend to spike at times of economic uncertainty (like the last financial crash in 2008)

Aleya

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Quote from: freezzeer on August 01, 2018, 05:50:48 AM

We can't compare bitcoin and gold,But according to the value,surely overpass the gold value in near future

It,s true, we can not compare bitcoin and gold. Both things are most valuable. Bitcoin is the number one currency. Without Bitcoin we can not imagine crypto. Gold is the most expensive metal. It has also a value. So both are different each other. Over passing is not the right thing. Bitcoin will grow like Bitcoin, Gold will grow like Gold. Both are very valuable .

ZPW

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I think it can, people used to value copper above all. Today it is a narrow specialization, so will it be with gold

ApocalypseNow

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Bitcoin gets appreciated in digital form while gold gets appreciation in physical form. They are like in two different category. They dominate on where they are now. Maybe btc is struggling for now but in the future it will perform just like gold. I really don't see them competing each other.

spike420211

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Quote from: saikot20 on April 12, 2019, 08:52:56 AM

I think don't compare bitcoin and gold becous these market value 2 types. Bitcoin and gold are totally different.

And the most important difference between them, in my opinion, is that bitcoin does not have a physical referent in our world, it is an exceptionally digital product, while you can touch gold or even store it under your bed at home.

logicgate

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Quote from: Mastercon on April 07, 2019, 08:19:45 AM

I am wonder why people keep comparing bitcoin with gold. Both have different feature and both have different potential. Even if bitcoin surpass the gold people still using them. Not every one is aware about bitcoin that's the reason people use Gold. Bitcoin don't exist physically but GOLD does. That's why even the price goes up people will still believe in gold and invest on it

I think they are not comparing it but people just want know how profit worthy and how safe bitcoin is, gold is an old times investment, gold use to increase in price but cryptocurrency increases very fast as compare to the gold, it has huge scope in market and more people gets attracted to it for better profit making strategy.

Fivestar4everMVP

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Leading Crypto Sports Betting & Casino Platform

Quote from: Barmalei06 on July 31, 2018, 02:38:04 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.

to your question, I think yes and strongly believe that soonner than later, the bitcoin price will definitely surpase the price of gold, though am not sure yet what an oz of gold is currently worth in the market but am sure that no matter what its worth is, come 2020, bitcoin will worth more

MFahad

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Quote from: naturerock on August 01, 2018, 02:55:21 PM

Bitcoin should be compared to fiat , not to gold. These gold comparisons drive me crazy, how on earth is a digital currency similar to a precious metal?

But you can see mostly people compare bitcoin with gold.
No doubt, Bitcoin has comparison with fiat currency but it is like gold on internet. It is not harmful, if we compare bitcoin with gold.
We call bitcoin gold in this sense that bitcoin is still expensive like a gold and in future it will be more.
Even Bitcoin has no appearance then how could we compare it with fiat?
Because we think it than same think is here with gold and bitcoin.

saikot20

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I think don't compare bitcoin and gold becous these market value 2 types. Bitcoin and gold are totally different.

wxa7115

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Quote from: Mastercon on April 07, 2019, 08:19:45 AM

I am wonder why people keep comparing bitcoin with gold. Both have different feature and both have different potential. Even if bitcoin surpass the gold people still using them. Not every one is aware about bitcoin that's the reason people use Gold. Bitcoin don't exist physically but GOLD does. That's why even the price goes up people will still believe in gold and invest on it

Even if bitcoin and gold are very different both of them have very similar functions, the people that are storing gold or bitcoin are doing it because they do not trust in central banks and their ability to print as much money as they want, they are looking for something that cannot be printed at will and both gold and bitcoin have that characteristic so people are going to keep comparing them for a very long time.

Now about bitcoin surpassing gold that really depends on what they mean by that, there are many things in which bitcoin is way superior to gold from the beginning but what most people mean by that is that they want to see the market cap of bitcoin to be bigger than the market cap of gold and that will take a lot of time to happen.

Mastercon

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I am wonder why people keep comparing bitcoin with gold. Both have different feature and both have different potential. Even if bitcoin surpass the gold people still using them. Not every one is aware about bitcoin that's the reason people use Gold. Bitcoin don't exist physically but GOLD does. That's why even the price goes up people will still believe in gold and invest on it

glowing10

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Quote from: Tungsten-1 on April 06, 2019, 03:37:46 PM

Quote from: Activitycoin on April 01, 2019, 04:20:00 PM

Quote from: Daboy_Lyle on March 30, 2019, 10:23:03 AM

Quote from: Barmalei06 on July 31, 2018, 02:38:04 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.

Bitcoin can surpass gold in the future. Anything is possible on bitcoin. The has a difference between gold and bitcoin but Gold for physical and Bitcoin for digital. Bitcoin is the best coin that we ever had. Nowadays I don't really mind gold because I do focus on Bitcoin which is helping me for financial and more unlike gold hard to find.

It is all about the user that has experience with one coin he can trade it well but choosing more than risky. As you will not be able to concentrate at one side, Buy the coin when it is at low price but make sure your investment is long lasting and profit making if you are earning 3 percent lose for the sake of 10 percent profit then it is good investment.

According to me it is good to invest all your money in crypto currency as we can see now gold has no certain future and it has no promising strategies for investor, apart from it gold is risky to hold in terms of security as well, crypto currency has safe investment and you will have so many online wallets which can help you holding your coin as long as you want, but having so many gold at your home can put your life in danger.

If people have limited wealth every month to invest then major portion as per me should go to crypto and little to the gold . This again would depend upon how risk averse person you are and can alter the percentage based on your risk appetite. Definitely crypto should always be on your cards for investment.

Best Dreams

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Quote from: noormcs5 on April 06, 2019, 08:43:00 AM

Quote from: Sihab76 on March 21, 2019, 07:57:24 PM

The popularity of bitcoin spreading throughout world and people of all ages are involved in the cryptocurrency. If market pumped in future, then I am sure that bitcoin will be global acceptance currency and surpass gold.

Gold is the separate entity than Bitcoins and i do not think both have any link between the two. Of course people will use bitcoin more as it is a currency and gold is mostly used to store as an asset.

Quote from: logicgate on March 24, 2019, 11:30:54 AM

Quote from: Sihab76 on March 21, 2019, 07:57:24 PM

The popularity of bitcoin spreading throughout world and people of all ages are involved in the cryptocurrency. If market pumped in future, then I am sure that bitcoin will be global acceptance currency and surpass gold.

Yes day by day importance and popularity of bitcoin is getting wide and not only young but old ager are also involving into it, gradually bitcoin is rising high in price and having good market place as an investment at the same time as currency, so I think gold is no more in market to be a good investment we will have to accept the reality that cryptocurrency is our future.

Bitcoin popularity is increasing day by day and soon it will overcome the Fiat currencies. People will leave their national currency because it will become devalue and everyone will use bitcoin to perform transactions and bitcoin will become a standard currency.

At some places it already did that because have seen so many places people are left using fiat and it is being use as currency, gold is nothing in front of bitcoin because bitcoin has more value than that of bitcoin, it is highly acceptable to invest our money for long term to generate good profit from it, gold is not safe to hold but bitcoin has strong unhackable wallets.

Tungsten-1

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Quote from: Activitycoin on April 01, 2019, 04:20:00 PM

Quote from: Daboy_Lyle on March 30, 2019, 10:23:03 AM

Quote from: Barmalei06 on July 31, 2018, 02:38:04 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.

Bitcoin can surpass gold in the future. Anything is possible on bitcoin. The has a difference between gold and bitcoin but Gold for physical and Bitcoin for digital. Bitcoin is the best coin that we ever had. Nowadays I don't really mind gold because I do focus on Bitcoin which is helping me for financial and more unlike gold hard to find.

It is all about the user that has experience with one coin he can trade it well but choosing more than risky. As you will not be able to concentrate at one side, Buy the coin when it is at low price but make sure your investment is long lasting and profit making if you are earning 3 percent lose for the sake of 10 percent profit then it is good investment.

According to me it is good to invest all your money in crypto currency as we can see now gold has no certain future and it has no promising strategies for investor, apart from it gold is risky to hold in terms of security as well, crypto currency has safe investment and you will have so many online wallets which can help you holding your coin as long as you want, but having so many gold at your home can put your life in danger.

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