I don't think the gold value bigger than bitcoin - page 4.

jvdp

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Quote from: janah on February 05, 2018, 05:34:15 AM

Quote from: summer888 on February 05, 2018, 05:17:05 AM

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 reffering to long term investment i will go for gold and if i go for short term investment then i will go to bitcoin why? Because gold have a longer life than bitcoin because bitcoin has maximum value and maximum count unlike gold if you storing it a long long time it will be more valuable.

How you predict these possibilities first you should think gold is an ornament not a currency but both are valuable so Bitcoin is good profitable investment for long term not a gold.
Bitcoin is 2x profit in after one year but gold is not raise in these ratio it take more than 5 years. No one should wait for long long investment.

patt0

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I my opinion gold has a huge advantage over bitcoin, simply because it's already regulated and governments kind of control it since they have large reserves, so they want it to stay valuable, and it's easy for them to collect taxes from gold. Gold is not very anonymous as well, so it's easy to keep a tight control on who owns what.

Bitcoin has all the benefits of gold in terms of being scarce and decentralized, so it's value should not be affected by the economies of a single country, and it has more advantages over gold, since it has the potencial to be easily spendable in the future, easier to store, less expensive to mine, and more secure since you can't fake it, and you can try to fake gold. On the other hand, governments don't really like it right now, and there is a lot of insecurity on the markets. If this problem is solved, then BTC will be way better than gold.

noonc

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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.

talkbitcoin

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Quote from: summer888 on February 05, 2018, 05:17:05 AM

Everyone will say scarcity is expensive, the gold is scarcity the same as the bitcoin.

not everyone is saying it!
there has always been some comparison between bitcoin and gold because people love to compare things with each other even though they have nothing in common but i don't find that much similarity between bitcoin scarcity and gold's.

Quote from: summer888 on February 05, 2018, 05:17:05 AM

I can't find the reason from the gold valuable.

gold has been around for millions of years and has been used as a valuable for thousands of years and it has been even used as a currency for hundreds of years.
bitcoin has been around for 9 years!

Quote from: summer888 on February 05, 2018, 05:17:05 AM

It can't do anything worth thing...

WHAT

Quote from: CrystalWu on February 05, 2018, 05:29:25 AM

haha The price of bitcoin has exceeded of gold before.

here is an example of a bad comparison!
how much gold? 1 bar of gold or 1 ounce?
how much bitcoin? 1 whole bitcoin or 1 bit (100 satoshi)?
you are comparing one of the smallest units of gold with one of the biggest units of bitcoin

janah

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Quote from: summer888 on February 05, 2018, 05:17:05 AM

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 reffering to long term investment i will go for gold and if i go for short term investment then i will go to bitcoin why? Because gold have a longer life than bitcoin because bitcoin has maximum value and maximum count unlike gold if you storing it a long long time it will be more valuable.

CrystalWu

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haha The price of bitcoin has exceeded of gold before.

greatfariola

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They both may be regarded as assets, but I think both are different at the same time. Bitcoin can be used for small transactions, while Gold serves as a safe storage for large funds which may be too risky if it were put in Bitcoin.

summer888

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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...

Topic: I don't think the gold value bigger than bitcoin - page 4. (Read 265 times)