Here is the reality.
Gold has been around for centuries and there is no chance that gold will crash. There is a 100% chance that the price will go up in years.
Bitcoin is fairly a new technology and is still considered by many as a speculation investment. We all know how volatile this market is and price crash and bull run always happen.
As a crypto user of course i am still optimistic about bitcoin but i do understand the risk of it.
Not all people are willing to take risks and will still go invest in gold and other precious metals.
We crpto users are still the minority. More People are invested and will still invest on gold.
Topic: Is bitcoin a valuable asset now a days rather than the cryptocurrency? (Read 151 times)
March 04, 2018, 05:30:04 AM
March 04, 2018, 05:17:13 AM
Bitcoin is become the valuable asset now.
People will like to gather it rather than collecting the gold..
What you think?
The term Bitcoin is a valuable asset today, and it is more interested in gold than gold. Bitcoin prices increase every day, but you do not know if it has a dump or not. So I think do not invest all your money in Bitcoin, leave a deposit of gold as it is always safe. People will like to gather it rather than collecting the gold..
What you think?
March 04, 2018, 05:14:42 AM
Bitcoin is become the valuable asset now.
People will like to gather it rather than collecting the gold..
What you think?
People will like to gather it rather than collecting the gold..
What you think?
It is mostly seen as an asset and will continue to be seen as an asset. Why would you consider to use it as a payment method? Credit Cards and companies such as PayPal are really good t work with, jokes a side there is huge problem with using it as a currency and I will try to explain that. Let's say you want to buy a laptop and today it costs 0.1btc pretty good? But you are still thinking and you decide to come and check it out tomorrow again, you come tomorrow and price of that laptop is now 0.2btc now you are regretting for not buying yesterday. Same scenario can happen that price can be 0.001 tomorrow.
Because of price fluctuations it can't really be used as a currency and if you believe that price will go up and if it does you are better at holding as when I saw some meme you could buy few groceries few years back and tomorrow you might even be able to afford lambo for the same amount of bitcoin. Because of this you don't want to use it as a cryptocurrecy because you will regret it if you spend or you will regret if you don't spend if price dips.
March 04, 2018, 04:59:39 AM
Bitcoin has the advantage of being a valuable asset (store of value) as well as a liquid currency!
March 04, 2018, 04:54:12 AM
Bitcoin is a valuable assets that will grow over time. This is the time to invest.
February 28, 2018, 01:09:41 PM
Bitcoin is become the valuable asset now.
People will like to gather it rather than collecting the gold..
What you think?
People will like to gather it rather than collecting the gold..
What you think?
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