Topic: Gold exist 1000+ years. while bitcoins exist 10 years. - page 17. (Read 24865 times)
gold has been known for more than 1000 years and gold has been used from time immemorial to exchange and in the past there was no technology and even computers have not been discovered, how can bitcoin be created early if the computer has not been created? LOL, that's why bitcoin still has a smaller age than gold.
Gold has been exiting for some years now and bitcoin just come into the market. Bitcoin has proven to be better than gold as a store of value and as money. I think in future bitcoin is going to replace both gold and fiat as a store of value.
Bitcoin has another advantage over gold: it is easily divisible and easily transportable.
But I do not think that gold will disappear replaced by bitcoin or other cryptos, but they will coexist together in the future.
Well, bitcoin has clear advantages over gold. This is a high price, no storage problems. And in the case of gold, you obviously need bank services. Using cryptocurrencies you can always sell / buy / pay them quickly.
Gold has been exiting for some years now and bitcoin just come into the market. Bitcoin has proven to be better than gold as a store of value and as money. I think in future bitcoin is going to replace both gold and fiat as a store of value.
I personally appreciate your speculation about the future to Bitcoin but one should not in any way compared Bitcoin with that of gold as the two in question are for different purpose.
Water existing over million years,Sand existing over billion years and you were existing over 50 years so you and all these thing need to be more valued than gold and bitcoin. 
Price is not based on years it is based on "Demand and Supply".
Price is not based on years it is based on "Demand and Supply".
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.
It has become a natural thing if Bitcoin has only been known for 10 years, because blockchain technology and digital currencies such as Bitcoin only existed when the world had developed, if Bitcoin was in the ancient era, then Bitcoin would have been used in ancient times. 
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.
First of all gold is an element of the periodic table and has existed for billions of years, so it is not something that humans invented, however its use as money dates back to thousands of years which explains why people trust it so much, but I fail to see the connection, the young age of bitcoin does not indicate that it will skyrocket soon, what it could make the price to go up again is if people decide to adopt bitcoin and there are several factors that could make the adoption rate to go up like the lightning network and instability of the economy of the world to name a few. 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 was a product of an old age while bitcoin is the new era of digital currency a product of high technology.Comparison doesn't need to be applied in there because bitcoin were too different from gold.It maybe a store of value with votality that changes every seconds not like gold.Absolutely!
How can you compare gold with Bitcoin ?
Gold is a natural resource and Bitcoin is a currency which is used to provide transactions in Blockchain. Blockchain is a digital technology. These things aren't common
Gold is a natural resource and Bitcoin is a currency which is used to provide transactions in Blockchain. Blockchain is a digital technology. These things aren't common
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 was a product of an old age while bitcoin is the new era of digital currency a product of high technology.Comparison doesn't need to be applied in there because bitcoin were too different from gold.It maybe a store of value with votality that changes every seconds not like gold. 
age in my opinion is not important if for us an important investment its value can be useful when we need it I think gold is more profitable even though it has been 1000 years ago than bitcoin because bitcoin is always easy to go down and unstable like gold which always goes up year to year
I agree with your opinion and I think that coming from my logic of gold even though only shiny objects can defeat bitcoins that appeared 10 years ago and gold from 1000 years still triumphant I feel the uniqueness of this precious metal gold so I think I like your opinion 
age in my opinion is not important if for us an important investment its value can be useful when we need it I think gold is more profitable even though it has been 1000 years ago than bitcoin because bitcoin is always easy to go down and unstable like gold which always goes up year to year
it's clear that bitcoin and gold can't be a fair comparison because they really have different traits and have different paths.
For the commodity and investment sphere, both can be compared. for gold investment it is already very experienced, starting from hundreds of years ago people have used gold for investment, and many of them profit because of the low risk. while bitcoin is still very young, but from that age, the potential of bitcoin is still very large
Indeed, currently bitcoin is still in the process and not everyone knows or uses it, while gold almost everyone owns and uses it. So investment in both will have advantages, for bitcoin, it looks valuable because it is of limited supply and is still a new investment even though it has existed in 10 years.
bitcoin is very much different from gold, starting from bitcoin is digital money that has data encryption that is stronger than others, the price is also very volatile and the transactions are peer-to-peer without third parties. I think in the next 10 years, bitcoin will be far more valuable than gold as technology develops.
Gold is from natural resources unlike bitcoin. The Technology-based Gold is Bitcoin because it's also from mining but not on the same way. When it comes to price both of them are dissimilar because we bitcoin user knows thay it's price is very unstable while Gold is stable in a particular time.
in my opinion time has nothing to do with the price of bitcoin, and I hope people don't keep comparing it with gold because it's two different things even though it's an investment tool, but so far the price of bitcoin doesn't depend on the price of gold, I'm not sure big bubbles will happen again because the economy and the world crisis are too bad, but that is also not impossible. hopefully there is a positive issue that boosts demand for bitcoin so that the price returns high
Bitcoin is a new digital gold that was born 10 years ago, and currently the price of Bitcoin is beating the price of gold that is more than 1,000 years old. So it can be said that even though Bitcoin is still very young, it can make everyone admire it.
Gold will most likely outlive any other store of wealth. Right now Bitcoin are the digital version of gold, what the digital version of gold will be in the future, no once knows. But a good guess are that bitcoin will be the digital version in the next many decades.
with people's confidence that is still minimal at this time, making the opportunity for bitcoin to be a profitable investment later. gold has been trusted by all people, what if it happened at btc Jump to: