Gold is just a shiny rock in the end, bitcoin is mathematical process, idea. You cant put bitcoins in the box, you can destroy bitcoin. There are many more differences between gold, some metal, and something thats bitcoin is, literally entire system, world for itself.
I never liked gold, I dont have gold, and I probably never will. I`m into crypto, for me precious metals have a purpose, to be in graphic cards, motherboards, they are good conductors.
Topic: Gold exist 1000+ years. while bitcoins exist 10 years. - page 11. (Read 24865 times)
Well, years doesn't matter. Bitcoin as a project is more valuable than gold now. It is a revolutionary technology and it has got a bright future. I believe in a few years time, bitcoin would be worth much more.
building trust will bring bitcoin an asset like gold and even more. with the time that only 10 years bitcoin can make international news preach it. and when this revolution is taking place, we are waiting for the next incident
I do not agree with your opinion. Bitcoin really doesn't have any value, blockchain technology is now a valuable thing.
Stop watching mainstream media. You clearly got brainwashed. The only reason blockchain technology is valuable or exists in the first place, is because of its decentralized nature. Bitcoin is the prime example of that. You don't need a blockchain if you operate a centralized network. Databases are perfect for that. Bitcoin doesn't even get the best technology upgrade, so how can it be a valuable asset?
I always believe in developing altcoins and want to expand the potential of the blockchain. In the future, we will not see Bitcoin in the first place. When investors really participate in the crypto market, they only choose businesses that own the best blockchain technology.
Mind to share what you consider 'the best technology upgrade'? There are already altcoins offering faster and cheaper transactions. No one cares. I always believe in developing altcoins and want to expand the potential of the blockchain. In the future, we will not see Bitcoin in the first place. When investors really participate in the crypto market, they only choose businesses that own the best blockchain technology.
It really seems to me that you're sour because the fees have grown past what you are generating through faucets and whatnot. Perhaps an idea to spend your time in a more productive/rewarding way?
gold is an actual material and bitcoin is not 
Well, years doesn't matter. Bitcoin as a project is more valuable than gold now. It is a revolutionary technology and it has got a bright future. I believe in a few years time, bitcoin would be worth much more.
I do not agree with your opinion. Bitcoin really doesn't have any value, blockchain technology is now a valuable thing. Bitcoin doesn't even get the best technology upgrade, so how can it be a valuable asset?I always believe in developing altcoins and want to expand the potential of the blockchain. In the future, we will not see Bitcoin in the first place. When investors really participate in the crypto market, they only choose businesses that own the best blockchain technology.
Well, years doesn't matter. Bitcoin as a project is more valuable than gold now. It is a revolutionary technology and it has got a bright future. I believe in a few years time, bitcoin would be worth much more.
Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
Bitcoin has a lot to offer than Gold in our times, although it has a much higher speculative nature than gold it's still worth to have Bitcoin than Gold, Bitcoin is moving forward and on a fast-paced, there was a gold rush in the past and now we have a bitcoin rush in the making.
Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
The rate of technological advancement gets faster over time, so that 10 years is a very long time span for an innovation like bitcoin. Still, bitcoin has plenty to prove as a nascent technology, but the fact that today it's more expensive than an ounce of gold is an indicator of its potential if it is to gain mass adoption. Every day that it survives it gets stronger.
Today, the world has been developing with the speeds that seem really fantastic! 10 years for Bitcoin is really much. This is proof that the cryptocurrency is useful, it is needed now and in the future. You can keep gold if you want, but work with crypto making profits.
But I can't use my gold to buy pc-parts on my eshop.
yes you can, you can use a glint card
https://glintpay.com/
Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
The rate of technological advancement gets faster over time, so that 10 years is a very long time span for an innovation like bitcoin. Still, bitcoin has plenty to prove as a nascent technology, but the fact that today it's more expensive than an ounce of gold is an indicator of its potential if it is to gain mass adoption. Every day that it survives it gets stronger.
Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
The rate of technological advancement gets faster over time, so that 10 years is a very long time span for an innovation like bitcoin. Still, bitcoin has plenty to prove as a nascent technology, but the fact that today it's more expensive than an ounce of gold is an indicator of its potential if it is to gain mass adoption. Every day that it survives it gets stronger.
But I can't use my gold to buy pc-parts on my eshop.
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Gold exist for over a 1000+ years maybe?
Really depends on the culture, I think gold has been in exchange for 10,000 years personally but not worldwide and not between nations as traded money exactly. Native Americans didnt value gold across that continent as I understand it and my guess why is they were too nomadic a culture and gold is heavy and not that useful to them, the jewellery they did keep was far lighter hence the beginnings to value was not there for them in the same way.
How we find value is not fixed, people want to dismiss Bitcoins now when all kinds of different monetary standards have been found useful within cultures previously. Why a secure, fast, limited and open ledger is not going to be useful and dismissed as evil somehow by a few is fairly laughable. Its very possible Bitcoin will be useful money ten years from now even from a disinterested point of view that should be acceptable as a possibility
Indeed you cannot fully compare gold with bitcoin, while gold can be buy and stored, bitcoin can be sent with internet connected and can see how much bitcoin are mined. I think also bitcoin will exist for long time.
This gold and bitcoin is very different from the first time gold was created, precious metals that exist on earth and have been used during antiquity while bitcoin only existed when it entered in 2009 and this is classified as new digital currency technology so gold is more valuable than bitcoin because not everyone knows bitcoin. 
Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
Gold exists as a measure of value and means of payment for more than ten thousand years, and so far will continue to be used as such in the foreseeable future. Bitcoin really exists only ten years and it is unknown how long it will continue to exist. It is hardly logical to compare the price of a single gold and one hundred million satoshs, that is, one Bitcoin. It is necessary to compare either the cost of one satoshi and one ounce of gold, or one bitcoin and one kilogram of gold, although this will be incomparably vseravno. Nobody knows how much the price of Bitcoin will rise as a result.
Indeed you cannot fully compare gold with bitcoin, while gold can be buy and stored, bitcoin can be sent with internet connected and can see how much bitcoin are mined. I think also bitcoin will exist for long time.
Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
Its because the growing of bitcoin adoption. Actually gold price is always move in line with other commodity price such as wheat, rice and etc. I mean if such commodity's price rise then gold price will also rise and vice versa. But bitcoin price is highly influenced by supply and demand. Now the growing demand of bitcoin is significant so the increasing price also significant. 
I think we don't have to compare between gold and bitcoin because that is different.
Gold was known as a precious thing for all people, and they agree that having gold is the best investment that will give them a profit in the future.
But if they are open their eyes and see the benefits of having bitcoin, I am sure that they will use bitcoin as the other investment besides gold.
I guess that in someday, they will use both gold and bitcoin together.
Gold was known as a precious thing for all people, and they agree that having gold is the best investment that will give them a profit in the future.
But if they are open their eyes and see the benefits of having bitcoin, I am sure that they will use bitcoin as the other investment besides gold.
I guess that in someday, they will use both gold and bitcoin together.
Gold and bitcoin are not mutually exclusive investments. They share very similar properties in terms of their scarcity. Gold is great for people who prefer a physical store of value, wheres bitcoin is great for those who prefer a digital one. Of the two bitcoin is more portable, but as mentioned, gold has a much longer and more glorious history overall.
Bitcoin is actually easier to store in large monetary amounts. Imagine having to hire a vault to store $1 million worth of gold. But you can store that amount of bitcoins on a powerful laptop.
It's easier to sell bitcoin too - and having an asset that is easy to liquidate is important. Stuff you can't sell is worthless.
Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
Gold and bitcoin are not mutually exclusive investments. They share very similar properties in terms of their scarcity. Gold is great for people who prefer a physical store of value, wheres bitcoin is great for those who prefer a digital one. Of the two bitcoin is more portable, but as mentioned, gold has a much longer and more glorious history overall.
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