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Topic: Gold exist 1000+ years. while bitcoins exist 10 years. - page 19. (Read 24865 times)

full member
Activity: 528
Merit: 100
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 gold proved that its value is continuing to rise since the beginning of the ancient civilizations. The bitcoin is still in the introduction growth and that's why it is not yet popular and its value are still not risen.
STT
legendary
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BTC is a digital asset and a currency, while Gold is basically a physical asset and indeed much older than Bitcoin. But you can't use gold online, and it is a centralized asset too, while BTC is decentralized, easy to use either online or offline.

No you can use gold online.    Gold can be attributed to a mastercard credit card just like some people have done with bitcoin.    The scheme I've heard of will let you run a credit card balance same as normal, till end of month the bill is settled by selling a portion of your gold balance at the market price for that time.


So gold can be used online and in all the normal ways that any other type of money can be used.   Its not common but not actually that hard to do.   Also gold can be leveraged, it can be fractional and all sorts of things

I can refer people to this company, its the largest operator in the world for digital gold assets with physical gold accounting with a separate multi country vault firm.     Gold cant be decentralised though, thats the main difference but it can be fractional easily
full member
Activity: 644
Merit: 100
Maybe gold is more than 100 years old, but maybe in the first 10 years gold also has a hard time and extreme price depreciation considering that gold was not difficult to obtain in the past, and I think bitcoin is also now entering a difficult period because maybe a lot of things affect it and maybe bitcoin will also survive like gold can even exceed the price of gold.
sr. member
Activity: 743
Merit: 250
You can't compare BTC to Gold, there are many differences between both assets. BTC is a digital asset and a currency, while Gold is basically a physical asset and indeed much older than Bitcoin. But you can't use gold online, and it is a centralized asset too, while BTC is decentralized, easy to use either online or offline.
sr. member
Activity: 714
Merit: 250
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.
Maybe gold exist pretty much longer than bitcoin and its true but bitcoin also have some value and its good at giving people opportunities. Gold and bitcoin have different characteristics and also unique. Well a lot of people are getting interested at bitcoin than gold even if bitcoin price doesn't seems good you can still invest and earn profit. People nowadays are into "technology" and its obvious that bitcoin can be popular even if it doesn't exist before at least now its giving chance for people to invest. 
full member
Activity: 532
Merit: 101
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.
We can't compare gold for bitcoin because they are obviously different. Gold is tangible and already exist since earth was created. It is a natural resources. Bitcoin was created as a digital currency and it is intangible even though they are both valuable in terms of value they are still different.
the other difference is, gold has been trusted by all humans in the world, while the bitcoin is just a development stage to gain trust from the public. but both of them I think are good investment tools
jr. member
Activity: 439
Merit: 1
The internet had never existed in ancient time. Now Bitcoin exist with the help of the internet. It's more like a revolution. Both the internet n Bitcoin. Gold is the Greek revolution n we have a new revolution now. Just not people investing as much. Jus living off paycheck to paycheck.
jr. member
Activity: 439
Merit: 1
Your guys comment makes so much sense. I think the longer Bitcoin and the internet exist bitcoin will become valuable overtime. A comment was made that gold is different in price but what I really meant was. The price in ounces is worth less than one Bitcoin.
member
Activity: 909
Merit: 17
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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.
We can't compare gold for bitcoin because they are obviously different. Gold is tangible and already exist since earth was created. It is a natural resources. Bitcoin was created as a digital currency and it is intangible even though they are both valuable in terms of value they are still different.
member
Activity: 616
Merit: 11
Technology has advanced enough for bitcoin to succeed, it is other factors at play that are needed. The transaction speeds are too slow and expensive, when this is resolved bitcoin can go mainstream and then rocket even more so than gold
hero member
Activity: 980
Merit: 523
I do agree that they are similar things. They are both commodities however one is digital and one is physical. Gold can be purchased and its limited and you can hold it in your hands, bitcoin is not like that. Gold can get you the wealth that will never run out, you will never see a world where gold worth nothing however bitcoin is a digital product that we give importance to and in any day where something better than bitcoin comes up or maybe in 100+ years bitcoin may not worth anything.

Obviously, there is a chance in 5000+ years bitcoin still exists and important but it is also important to know that its a risk we take, gold is not like that, it existed as a means of payment 2000+ years ago and will continue to exist until humanity perishes.
full member
Activity: 966
Merit: 104
Gold, bitcoin and silver. Not one, but all.
yes, it is true that bitcoin may only be people who want to make profits quickly and quickly, but if gold might be their goal from the beginning, the purpose is investment because gold is used where jewelry is good than bitcoin does not look like in the future
The brightly flashed star in the sky is also quickly extinguished. Cryptocurrency and gold are not yet incomparable, they are completely opposite in nature. If a cryptocurrency will last a hundred years, then it will be possible to compare it with something. It provides us with many new opportunities, but will we be able to use them in the right direction? If the cryptocurrency will remain mainly a speculative asset, and not a means of payment, in a hundred years gold will not be compared with anything.
member
Activity: 700
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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 price can rising again when cryptocurrency adoption happen in our life. Compare with gold, bitcoin only have 21 million supply and Gold always mined. If government recognize bitcoin is an asset, i am believe bitcoin price will sky rocket again and can reach highest price again
full member
Activity: 560
Merit: 121
I don't know if in what perspective you are trying to compare gold and bitcoin. A digital and physical one. I think it is not wise to compare them in value but rather in stability. gold is tried and tested, proven and until now is still of good value and there are still countries in which citizens are investing in gold. I don't belittle bitcoin but I still have a strong belief in gold.
jr. member
Activity: 182
Merit: 2
You can not compare both gold and bitcoin, they do not have any thing in common, gold is a physical valuable, while bitcoin is a digital asset and Bitcoin has achieved more value in 10 years than gold in 1000 years.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
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.
Your speculation is based on no logic or facts? I don't understand how you are trying to compare the age of internet with gold and bitcoin.
Why do you think the price of bitcoin is going to skyrocket? Just some random guess/blind faith?
Gold existed for 1000+ years and will still exists for more futures to come. But the existence of bitcoin can not be guaranteed. We might see the price of the coin collapse to nothing by tomorrow.
full member
Activity: 462
Merit: 101
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 cannot be compared to gold, because gold has a stable value and even tends to increase.
maybe the price of bitcoin is much more expensive than gold, but at one time the price of bitcoin could decline suddenly.
hero member
Activity: 1274
Merit: 516
Well bitcoin only exist in a short time but the price able to multiply, most of the investors now only invest in crypto because of the profit when they can appreciate the technology then we will see a huge rising, and we can't compare gold and bitcoin, both of them are different things to compare
full member
Activity: 826
Merit: 100
bitcoin will exist longer than gold i think.although its already more than 1000+ years for gold someday its metal will have no value anymore if appear new metals or other commodity that could replace gold.gold has no value besides it supply, meanwhile bitcoin has additional value on this technology that will always developted.
but gold is attached to everyone's heart, and has a form. I think gold will still exist and bitcoin will catch up. although the gold stock is infinite, but until now prices tend to rise, due to the increasing demand factor
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
bitcoin will exist longer than gold i think.although its already more than 1000+ years for gold someday its metal will have no value anymore if appear new metals or other commodity that could replace gold.gold has no value besides it supply, meanwhile bitcoin has additional value on this technology that will always developted.
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