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Topic: Guys please no more talk of Bitcoin better than gold - page 5. (Read 26236 times)

sr. member
Activity: 578
Merit: 250
perhaps you are right, but only for a certain time more suitable new inventions than the old ones. nobody ever said that a horse is worse, but at the moment the best way to travel in comfortable conditions for it
full member
Activity: 658
Merit: 108
Bitcoin is not supposed to replace gold. Gold as a store of value will remain valuable forever and bitcoin can be valuable too. Bitcoin and gold are not competing with each other. Gold is an old thing which all the people trust it. Also, bitcoin will  be always valuable given the technology and its limited supply.
full member
Activity: 756
Merit: 112
They both are measured based on their market value and of course fiat. So I think in most cases there will certainly be a comparison to both of them. Thru how easy they can hoard it to how much profit they had from it.
copper member
Activity: 448
Merit: 3
Gold is gold and bitcoin will be bitcoin. I don't share the believe that bitcoin will replace the gold as gold itself is a natural occurrence mined into desired value. Gold will continue to be of immense value till the end of this age. Bitcoin is a technology which is still at its early stage, off course, it has a great future value, but we can't tell the level of technology coming in hundreds and thousands of years of come. we can't possibly tell how bitcoin will fare in the many years ahead, but I think gold will continue to be around and valuable. This is just my personal after-thought.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
Both are different.Bitcoin had a cabable of acting as cryptocurrency investment and acted as asset.But gold will be used mostly as an asset.Only in few countries, gold is acted as asset.Many people who had brought at the price of 17,000$ are forced to sell at low price.If they want money now.So as like other cryptocurrency, bitcoin price is also fluctuates now.
full member
Activity: 308
Merit: 101
Yes, I agree with your point. Everyone should stop gold savers with BTC or Fiat because of the nature of each different. Simple BTC is a digital coin developed on the basis of blockchain technology. So the application is another for the future.
full member
Activity: 442
Merit: 101
Bitcoin is not the end all, investors compare bitcoin just to express its great value. bitcoin will not be able to remove precious metals in the world, this is a false view. Depending on the views of many people they can judge on it. But we can not stop this comparison.
jr. member
Activity: 168
Merit: 1
Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It
Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison

yes, I also feel that, there are some people who are very enthusiastic about BTC and think that BTC can replace fiat money and everything, even though in my opinion it is wrong because actually BTC also has limitations and I think BTTC is already in the most comfortable place for tools digital payments, so let real-world finance still use fiat and real investment also uses gold, I hope people start to understand that not all elements of the economy in the world can be replaced by btc and banks replaced by blockchain. because they are already in their place. where it should be
jr. member
Activity: 392
Merit: 1
Those who are of the view that bitcoin will replace gold, see bitcoin as an asset which can easily be sold in times of need to gain money. But I believe bitcoin's value is greater than that assertion. Bitcoin is the biggest digital currency in the world and just an asset.
member
Activity: 308
Merit: 12
I do not compare bitcoin and gold and do not even call cryptocurrency digital gold. I see a huge difference in them, and I prefer modern technology in the form of bitcoin to outdated metal.
member
Activity: 532
Merit: 10
I never agree when any one talk about more better gold for investment than bitcoin, I know bitcoin is the only one more profitable of investment kind where we don not have pay fee for investment fee and increase money by fast time.
full member
Activity: 602
Merit: 100
I think that bitcoin is compared with gold only because the cryptocurrency has replaced this metal as the best investment to date. But I agree that there is no need to compare them - each of them has its pros and cons, and everyone will choose their own - metal or cryptocurrency.
member
Activity: 364
Merit: 10
I also believe that it makes no sense to compare bitcoin and gold. Yes, these are two types of investments, but their similarity ends here. This is a completely different investments, in a completely different format.
member
Activity: 271
Merit: 10
I agree with you sir, because there is no sense in comparing bitcoin and gold. All we need to do is to appreciate bitcoin and spread the knowledge that you have about it. Stop comparing the value of bitcoin to the value of gold because you are wasting your time !
Bitcoin not comparable to gold for it is from the nature that's why everything is unique and may not to compare to anything. What I've knew is that gold is from nature. So lets stop comparing thing from nature resources.
full member
Activity: 1442
Merit: 106
lets do an analysis and comparison between the bitcoin and the gold for a clearer understanding of why people always see and talk of bitcoin as way better than gold. ever since gold became an asset that is generally traded, what is the percent of increase in the gold value over that period of time compared to the value of increase in the bitcoin since its invention. that is enough reason talk better of gold than bitcoin.
full member
Activity: 532
Merit: 100
I agree with you sir, because there is no sense in comparing bitcoin and gold. All we need to do is to appreciate bitcoin and spread the knowledge that you have about it. Stop comparing the value of bitcoin to the value of gold because you are wasting your time !
Bitcoin not comparable to gold for it is from the nature that's why everything is unique and may not to compare to anything. What I've knew is that gold is from nature. So lets stop comparing thing from nature resources.
It is wrong to equate perception with natural resources, bitcoin is created by someone, but the limited number is a unique algorithm and cannot be reset. the potential value of bitcoin and gold is actually the same, only creation and different media.

But there is an important basis why bitcoin cannot be the same because btc is made as a currency and commodity asset at once, while gold is arranged as a commodity asset only and the currency barter function has been replaced by fiat.
legendary
Activity: 1414
Merit: 1039
Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It
Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison

I agree that it's a silly comparison to make, but I think it's just the method that people use for comparisons because it makes sense to the average Joe. Without comparisons, it's very hard to get someone to understand what makes Bitcoin a good investment opportunity. Gold is a good way to explain Bitcoin to someone who won't understand the in depth nature of it. Why do you think news coverage called and continues to call Bitcoin "Digital Gold?" It all has to do with how easily they can catch the viewer's attention.

They are different things though, but it's just the nature of media coverage.
member
Activity: 271
Merit: 10
I agree with you sir, because there is no sense in comparing bitcoin and gold. All we need to do is to appreciate bitcoin and spread the knowledge that you have about it. Stop comparing the value of bitcoin to the value of gold because you are wasting your time !
Bitcoin not comparable to gold for it is from the nature that's why everything is unique and may not to compare to anything. What I've knew is that gold is from nature. So lets stop comparing thing from nature resources.
jr. member
Activity: 322
Merit: 1
Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It
Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison


I think that the next financial crisis will show whether bitcoin can be compared with gold. This must be decided by investors. Judging by the fact that even venture funds invest in blockchain projects, it is quite possible that classical investors will invest in bitcoin.
member
Activity: 271
Merit: 10
I agree with you sir, because there is no sense in comparing bitcoin and gold. All we need to do is to appreciate bitcoin and spread the knowledge that you have about it. Stop comparing the value of bitcoin to the value of gold because you are wasting your time !
Bitcoin not comparable to gold for it is from the nature that's why everything is unique and may not to compare to anything. What I've knew is that gold is from nature. So lets stop comparing thing from nature resources.
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