What is the real utillity for gold? Maybe it is good for jewellry, but that is all.
Now comes Bitcoin that could replace all unstable FIAT money, what would you choose?
Topic: Gold and Crypto (Read 868 times)
Gold and Bitcoin have one thing in common: consensus. This is critical. When new things appear, more and more people pay attention to him and know him. I think he will succeed in the future. Of course, this thing must have its own uniqueness. In the past economic crisis, gold played an important role. Although Bitcoin was born in the economic crisis, compared to gold, Bitcoin did not play an important role in the economic crisis, but I am optimistic about the future development of Bitcoin. I think more people will know about Bitcoin and blockchain technology. Of course, more people will like him.
We always want to find a connection where it does not exist and draw an analogy between BTC and US Dollar, Bitcoin and Gold. Nevertheless, Bitcoin will not replace physical gold; it cannot be used in electronic components or jewelry. Bitcoin is new digital money for faster, safer and more decentralized payments.
Gold is a natural resource that has a stable sale value and tends to increase every year. and people's trust in gold is greater than Bitcoin because Gold is a real resource that is highly valued and has a shape. and people's trust in gold is greater than Bitcoin because Gold is a real resource that is highly valued and has a shape. whereas Bitcoin only has a high value but bitcoin does not have a stable value so it has a risk to its holders. so people's trust in Gold is greater than Bitcoin.
That's also because gold is thought to be scarce and has been around for thousands of years. But all this can change when minds change and perceptions change. Millennials don't own gold and they don't want to carry gold. They like digital and Bitcoin is not only that, it is super secure, and fully under your control if you choose it to be so.
It isn't that trust is greater in gold. It's that more people know and understand gold than Bitcoin.
There's a comparison that bitcoin was being called as the digital gold but it's still different from gold which is tangible. Two are good store of value these days but they'll never be the same if you're defining it as comparative resource. Bitcoin will remain as is and it is us that will make the demand which will determine its worth.
Hi PEPs I am here to talk about GOLD. The valuable metal has been utilized by various developments and it has helped people to store an incentive during times of financial vulnerability. The fundamental inquiry is whether Bitcoin (BTC) will ever have the option to turn into a comparative resource for ensure clients' worth or other Coins that claimed to be backed by real gold can actually live up to that standard? willing to hear from you guys
Gold is a natural resource that has a stable sale value and tends to increase every year. and people's trust in gold is greater than Bitcoin because Gold is a real resource that is highly valued and has a shape. and people's trust in gold is greater than Bitcoin because Gold is a real resource that is highly valued and has a shape. whereas Bitcoin only has a high value but bitcoin does not have a stable value so it has a risk to its holders. so people's trust in Gold is greater than Bitcoin.
gold and bitcoin are different but almost have something in common. like gold is a real investment in the form of goods and profitable every year, because the price is always increasing. in contrast to bitcoin, investment is profitable but uncertain, on the one hand it does not have a real physical and on the other hand the price fluctuates. but it is very profitable for investment especially like the increase in the price of bitcoin in 2017.
Hi. I think no, because BTC dont have stability like gold. BTC always changed and he will be changing.
Can be seen with just minutes or seconds that prices continue to grow or go down every day. so it makes things change quickly and produces a small profit.
That potential is only in Bitcoin right now. Bitcoin has a fast graph even though it has decreased or increased in price. But other types of coins also have a good effect if you understand how it works.
Bitcoin will never have the option to turn into real resources like gold. talk about the fact that gold is a profitable investment every year, in contrast to bitcoin, bitcoin is a profitable investment but does not have the same thing as gold. bitcoin can only be used as a digital investment tool and has no real form.
the two are different to see the bitcoin and gold markets which have differences. but both have enthusiasts who I think are the same. gold has fewer movements and looks more stable, but bitcoin and crypto have fast market movements. if we have skills in trading we can profit more than investing in gold.
Bitcoin will never have the option to turn into real resources like gold. talk about the fact that gold is a profitable investment every year, in contrast to bitcoin, bitcoin is a profitable investment but does not have the same thing as gold. bitcoin can only be used as a digital investment tool and has no real form.
the two are different to see the bitcoin and gold markets which have differences. but both have enthusiasts who I think are the same. gold has fewer movements and looks more stable, but bitcoin and crypto have fast market movements. if we have skills in trading we can profit more than investing in gold. 
Bitcoin will never have the option to turn into real resources like gold. talk about the fact that gold is a profitable investment every year, in contrast to bitcoin, bitcoin is a profitable investment but does not have the same thing as gold. bitcoin can only be used as a digital investment tool and has no real form.
Bitcoin is not like Gold in physical condition but in future (no time frame) as all of you heard that BTC would cross the gold in trading, At the moment BTC trading about 1% of gold.
Physical asset always belong with gold, and you can touch it and store it in a physical form. Virtual currency has no from, and that how Bitcoin can be appreciated by many people.
It can provide us the benefit of using money without any barriers, wherever you are in this world, bitcoin will be used globally. It has all the capability and advantages compared with physical money.
People will surely trust gold more than bitcoin because its less risky than bitcoin, the truth is gold is more stable than bitcoin but people still the high profits from bitcoin can't be denied
Bitcoin is not like Gold in physical condition but in future (no time frame) as all of you heard that BTC would cross the gold in trading, At the moment BTC trading about 1% of gold.
Bitcoin better suits for today' s needs. It is much easier ro store, send, pay with Bitcoin than with gold.
Also there is no warranty that there won't be more gold in the future, but there is a warranty that total supply of BTC will be only 21 million BTC.
But Bitcoin has a lot of risks that need to be known. high price fluctuations, so it will not be as stable as gold. Gold and BTC have their respective advantages and are equally needed by us. Also there is no warranty that there won't be more gold in the future, but there is a warranty that total supply of BTC will be only 21 million BTC.
Hi. I think no, because BTC dont have stability like gold. BTC always changed and he will be changing.
Can be seen with just minutes or seconds that prices continue to grow or go down every day. so it makes things change quickly and produces a small profit.
Hi. I think no, because BTC dont have stability like gold. BTC always changed and he will be changing.
Can be seen with just minutes or seconds that prices continue to grow or go down every day. so it makes things change quickly and produces a small profit.
I sometimes assume how bitcoin can be as sustainable as gold.
gold is an increasingly scarce commodity, but it can still be extracted and found, try to compare it with the total bitcoin that has been set at 21 million transparently, what will happen afterwards. Denominations and devaluations that make bitcoin more expensive will actually succeed, but the inherent costs will also follow unnaturally. As long as it's still decentralized, bitcoin will also experience endless manipulation, different from what happens to gold.
both have differences and I think it will be different in taking the road too, but in my view bitcoin has more potential and therefore I believe the fate of bitcoin will be better than gold.gold is an increasingly scarce commodity, but it can still be extracted and found, try to compare it with the total bitcoin that has been set at 21 million transparently, what will happen afterwards. Denominations and devaluations that make bitcoin more expensive will actually succeed, but the inherent costs will also follow unnaturally. As long as it's still decentralized, bitcoin will also experience endless manipulation, different from what happens to gold.
I doubt if bitcoin has gained up on the legacies gold has had. Gold always enjoys a relatively stable an increased value over time and it has a chance of changing one's financial life overtime. Bitcoin on the other hand is just based on illogical predictions and speculations which may never be. Although, bitcoin can change one's Financial status in a jiffy but no one can be certain of that. It is just based on luck which may sometimes overturn someone.
gold cannot be compared to Bitcoin, gold can last forever and will last very long, and Bitcoin is different, the value of Bitcoin will continue to change and may be very high, and the value of gold will always be stable.
These two cannot be compared because one is physically seen and the other one is digitally stored. Therefore, i don't think we can compare bitcoin and gold because bitcoin has no stability and the price could forever changing. Next is gold has been long used and have a lot of benefits when being use and there's no limit to it because it is a natural resources. Jump to: