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Topic: I don't think the gold value bigger than bitcoin - page 3. (Read 265 times)

jr. member
Activity: 40
Merit: 9
I also think that, but for different countries, the symbolism of gold is different. The value of gold as a spot in reality is much higher than bitcoin, at least for now.
newbie
Activity: 53
Merit: 0
I think gold is actually not equivalent to bitcoin. One is cash, the other is virtual money. You use bitcoin to buy gold, but I believe you will not exchange gold for bitcoin.
haha Precise comments
newbie
Activity: 53
Merit: 0
Why are you comparing which is bigger.I dont like the idea of comparing the gold and bitcoin.Gold is Gold.Bitcoin is Bitcoin.If you have them both,that’s good for you.They are both important to our lives.We already know that gold is already gold.
I don't think it has any problem with my opinion. I just think the bitcoin is more worth us to invest to earn our money.
full member
Activity: 197
Merit: 100
Why are you comparing which is bigger.I dont like the idea of comparing the gold and bitcoin.Gold is Gold.Bitcoin is Bitcoin.If you have them both,that’s good for you.They are both important to our lives.We already know that gold is already gold.
member
Activity: 92
Merit: 13
I think gold is actually not equivalent to bitcoin. One is cash, the other is virtual money. You use bitcoin to buy gold, but I believe you will not exchange gold for bitcoin.
newbie
Activity: 53
Merit: 0
Everyone will say scarcity is expensive, the gold is scarcity the same as the bitcoin.
I can't find the reason from the gold valuable.
It can't do anything worth thing...

If you dont think that gold is valuable then dont accept the fiat money that would be given to you. I believe that bitcoin and gold are valuable in terms of finance, the only difference is their supply. Bitcoin has only limited supply while gold has a vast of supply that is circulating all over the worl and accepted by all nations unlike bitcoin which is only accepted by those who really understand cryptocurrency.
All is need the time , the bitcoin will beyond gold to make people to accept it.
full member
Activity: 167
Merit: 100
in my opinion both bitcoin and gold are equally valuable in finances, the difference is their inventory. bitcoin has a limited supply while gold has a very wide inventory and circulates around the world and is received by all countries unlike bitcoin which is only received by those who really understand crypto. even though they have the same quality and value but they differ in usage. bitcoin is a digital currency and bitcoin can also function as asset storage and gold is also an asset but can be viewed by both our naked eye because gold can be used as accesories and other collections. though they are both different but equally important in our lives.
sr. member
Activity: 686
Merit: 250
Everyone will say scarcity is expensive, the gold is scarcity the same as the bitcoin.
I can't find the reason from the gold valuable.
It can't do anything worth thing...
I think bitcoin and gold have the same degree of sustainability. Currently bitcoin and gold are the most sought after commodities and this provides tangible evidence that bitcoin and gold will have an ever-increasing level of demand. And when more and more demand will increase the price.
newbie
Activity: 53
Merit: 0
Gold will always be the fall back position. It has many applications-electronics for example and deep routed tradition and belief in it gives people confidence in it, Bitcoin is still far to new and novel for most people to trust.
Thus consider your mind, bitcoin just need the time. But I agree with this article said , major disadvantage of a gold-backed currency is regarding the future. http://blog.epay.com/c/why_cryptocurrency_is_the_future . We all looking forward the future everyone.
newbie
Activity: 53
Merit: 0
Gold is like bitcoin. They have the same quality and value though they are both different in usage. Bitcoin is a digital currency, it is a medium of exchange in peer to peer system. Bitcoin also serves as the storage of assets and balance while gold is also a asset but it can be seen by our two naked eyes. It is also for accesories and collections. They are both different but they are essential in our life.
But we can't use the gold to buy the things , don't you think bitcoin is more convenient and smarter currency?
newbie
Activity: 53
Merit: 0
Bitcoin and gold has very different purposes so I can say thst their value will be equal. The only thing that I found that they have much alike on the future, which is, both of these things always on raising record, although nowadays bitcoin price is drop significantly, soon or later it will raise back to the exact price where it belongs. Many people believe this moment will come true, if people not believing on it, how can bitcoin suppose to hold for this long?
Sure, the bitcoin need time to persuade nowadays most of the people to believe its value and importance. Roll Eyes  The gold also waste the long time to becoming nowadays importance.
And do you agree this article opinion ?  http://blog.epay.com/c/why_cryptocurrency_is_the_future
newbie
Activity: 53
Merit: 0
Everyone will say scarcity is expensive, the gold is scarcity the same as the bitcoin.
I can't find the reason from the gold valuable.
It can't do anything worth thing...
Gold is a physical thing and it is the one of the rarest metals available on our earth that's why the price of gold is expensive which is related to the supply and demand of gold.But bitcoin is a virtual currency and still bitcoin didn't complete a decade so it needs some decades of centuries to adopt to the new technology of virtual currency,so until that gold will be considered as valuable.
If here provide the 10000 dollars for you, you will choose to buy the BTC or gold?
newbie
Activity: 53
Merit: 0
It is my understanding that gold, to some extent, is comparable to bitcoin, is stability, and gold is more stable than bitcoin, which is inevitable. But from the return on investment, bitcoin's return on investment in the first phase is certainly higher than gold.
Precise analysis  :)But I think gold price just stable than bitcoin and nothing can better than bitcoin.
legendary
Activity: 1078
Merit: 1000
Bitcoin and gold has very different purposes so I can say thst their value will be equal. The only thing that I found that they have much alike on the future, which is, both of these things always on raising record, although nowadays bitcoin price is drop significantly, soon or later it will raise back to the exact price where it belongs. Many people believe this moment will come true, if people not believing on it, how can bitcoin suppose to hold for this long?
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
Everyone will say scarcity is expensive, the gold is scarcity the same as the bitcoin.
I can't find the reason from the gold valuable.
It can't do anything worth thing...
Gold is a physical thing and it is the one of the rarest metals available on our earth that's why the price of gold is expensive which is related to the supply and demand of gold.But bitcoin is a virtual currency and still bitcoin didn't complete a decade so it needs some decades of centuries to adopt to the new technology of virtual currency,so until that gold will be considered as valuable.
member
Activity: 378
Merit: 11
Gold is like bitcoin. They have the same quality and value though they are both different in usage. Bitcoin is a digital currency, it is a medium of exchange in peer to peer system. Bitcoin also serves as the storage of assets and balance while gold is also a asset but it can be seen by our two naked eyes. It is also for accesories and collections. They are both different but they are essential in our life.
member
Activity: 308
Merit: 11
Gold will always be the fall back position. It has many applications-electronics for example and deep routed tradition and belief in it gives people confidence in it, Bitcoin is still far to new and novel for most people to trust.
newbie
Activity: 24
Merit: 5
Everyone will say scarcity is expensive, the gold is scarcity the same as the bitcoin.
I can't find the reason from the gold valuable.
It can't do anything worth thing...

If you dont think that gold is valuable then dont accept the fiat money that would be given to you. I believe that bitcoin and gold are valuable in terms of finance, the only difference is their supply. Bitcoin has only limited supply while gold has a vast of supply that is circulating all over the worl and accepted by all nations unlike bitcoin which is only accepted by those who really understand cryptocurrency.
full member
Activity: 347
Merit: 109
What about attempts to link both Gold and Bitcoin?
copper member
Activity: 294
Merit: 0
These both are different from each other. People with lack of knowledge cannot go for bitcoin so thet can do investment in gold. Also gold can be use as safety at the time of financial instability of any person.
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