Pages:
Author

Topic: Is BTC the new gold ? - page 9. (Read 2749 times)

sr. member
Activity: 672
Merit: 250
February 16, 2018, 07:14:18 AM
Bitcoins and gold has some thing in common and it is ok to name bitcoin as the new gold. Both are asset that can check against inflation of your fiat currency. The only difference is that bitcoin is online gold.
Bitcoin is like the gold because of the fixed amount of supply that the people can get some bitcoin and just hold it and expect the same thing that happened in gold that its price is just continue on going up but even though it is on a slow process, it is still alright because the progress is consistent and the price is just keep going up and expect the same thing in bitcoin in the next few years.
Yes bitcoin is like a gold or should we say much more than a gold. Now bitcoin is actually worth as a gold or much as a gold because it increases its price day by day while gold stays on its normal price. Bitcoin is similar to gold because it can help people also to suport everybody needs but different in increasing the price but it is equal on what people think to the both of this.
member
Activity: 64
Merit: 10
February 16, 2018, 07:11:27 AM
There are a lot of reasons why many view gold as something which is better than BTC, one of which is a retrospective-sentiment attached to gold itself. It had been used and already had value during the age of pirates and an earlier age to that, thus it already has a long history in the human civilization, wherein the population already has a general consensus that is has value.
member
Activity: 238
Merit: 10
February 16, 2018, 07:04:59 AM
Now bitcoin actually worth as gold but some could de-crypt or break the transaction mechanism ,then bitcoin is use less. very limit supply make extremely valuable . Bitcoin is easy to store and if have private key then you can guarantee 99% security for your bitcoin. 
jr. member
Activity: 294
Merit: 1
February 16, 2018, 06:54:57 AM
Yes,i think bitcoin is the new gold .Because both gold and bitcoin are very valuable .Gold is used as ornaments but bitcoin is the currency which is invested .Apart from this ,gold is very old and trustworthy .But bitcoin is like a newborn .Both gold and bitcoin are beneficial for humans separately.
hero member
Activity: 2590
Merit: 644
February 16, 2018, 06:15:18 AM
Bitcoins and gold has some thing in common and it is ok to name bitcoin as the new gold. Both are asset that can check against inflation of your fiat currency. The only difference is that bitcoin is online gold.
Bitcoin is like the gold because of the fixed amount of supply that the people can get some bitcoin and just hold it and expect the same thing that happened in gold that its price is just continue on going up but even though it is on a slow process, it is still alright because the progress is consistent and the price is just keep going up and expect the same thing in bitcoin in the next few years.
newbie
Activity: 20
Merit: 0
February 16, 2018, 05:44:11 AM
Bitcoin is bitcoin and gold is gold. One is intangible and the other is certainly tangible.
Nauticus Blockchain Market Analyst
member
Activity: 358
Merit: 11
February 16, 2018, 05:40:06 AM
Bitcoins and gold has some thing in common and it is ok to name bitcoin as the new gold. Both are asset that can check against inflation of your fiat currency. The only difference is that bitcoin is online gold.
newbie
Activity: 229
Merit: 0
February 16, 2018, 05:33:33 AM
Oh yeah, that's the right remark. Bitcoin fever will soon begin.
This assumption is interesting, however, I think the bitcoin value is infinite, because bitcoin is formed from technology, the bitcoin value expressed in usefulness and utility. Let's imagine that if bitcoin is popular and is widely used in projects, elections, corporate philanthropic campaigns ... The effect that it brings is amazing. It would not be fair to compare bitcoin like "new gold"
newbie
Activity: 123
Merit: 0
February 16, 2018, 05:03:32 AM
Bitcoin can be a "new gold", something that is so hard to cash in and trouble to store.

After the lightning network is deployed, it will also become "new dollar" and "new visa".
member
Activity: 238
Merit: 57
February 16, 2018, 04:59:19 AM
Indeed, we can consider bitcoin as new gold as bitcoin have no such qualities like gold but yes after gold we can consider it a second gold as price of bitcoin is too high like gold while some of qualities are related to gold like we can see volatility quality and other qualities like trust, security etc.
jr. member
Activity: 120
Merit: 1
February 16, 2018, 04:55:42 AM
I think BTC can become a new coin on crypto market Cheesy
newbie
Activity: 30
Merit: 0
February 16, 2018, 04:41:26 AM
Oh yeah, that's the right remark. Bitcoin fever will soon begin.
full member
Activity: 378
Merit: 100
February 07, 2018, 11:45:03 AM
I think that bitcoin is not new gold, more exactly bitcoin is a new type of investment that can give bigger profit than gold. bitcoin and gold are different because the bitcoin is intangible and gold is a kind of precious metal
jr. member
Activity: 294
Merit: 1
Staker.network - POS Smart Contract ETH Token
February 07, 2018, 11:26:06 AM
Definitely bitcoin  has taken the place of gold now. More investors who bought gold previously now have started to buy bitcoins instead. Bitcoin is the digital gold.

You are right, Now Bitcoin has taken the place of gold. I think Bitcoin is better than gold. Because the price of Bitcoin is increasingly . Many people are encouraged to invest Bitcoin more than gold. Because they know Bitcoin value is so much. 

Yes, bitcoin price have a lot of potentials compared to gold with a very small percentage of increasing.That is why many people are into it now.
full member
Activity: 262
Merit: 100
February 07, 2018, 11:23:59 AM
Bitcoin, I think, looks more like a digital "gold" than a currency.
Because of the slow transfer of bitcoin, the problem of block congestion still exists, so it's hard to be a real currency right now.
Yes, it is a digital gold that helps us gain such a huge amount of money. It is a new gold. Yes, bitcoin will be our new gold but it doesn't mean that gold wont exist but not that like bitcoin. Because bitcoin is becoming more popular right now because many people are still using it. Must trust ourselves for us to gain and believe in bitcoin if you wanted to have that.
We should treat bitcoin more than gold because bitcoin is superior in gold because bitcoin got the technology that we really need and that is the decentralization from the blockchain and without it we cannot get into a revolutionary ideas which can change the world into a better and transparent world.
as we are able to see the new way on technology to be that bitcoin are may become as what we have to treat gold for are being one of the best kind to be cause we are in the new era of , and so on this bitcoin are one of the best example of.
newbie
Activity: 42
Merit: 0
February 07, 2018, 11:20:47 AM
IMO, Gold price is more static than the price of BTC? Correct me if I am wrong, sharing session. Hehe
newbie
Activity: 74
Merit: 0
February 07, 2018, 11:15:01 AM
yes it is really a gold, virtual gold or crypto gold, invest in bitcoin is better than the gold but pice is variable compared to gold.
newbie
Activity: 24
Merit: 0
February 07, 2018, 11:08:05 AM
it already a gold Grin
hero member
Activity: 2590
Merit: 644
February 07, 2018, 11:06:18 AM
Bitcoin, I think, looks more like a digital "gold" than a currency.
Because of the slow transfer of bitcoin, the problem of block congestion still exists, so it's hard to be a real currency right now.
Yes, it is a digital gold that helps us gain such a huge amount of money. It is a new gold. Yes, bitcoin will be our new gold but it doesn't mean that gold wont exist but not that like bitcoin. Because bitcoin is becoming more popular right now because many people are still using it. Must trust ourselves for us to gain and believe in bitcoin if you wanted to have that.
We should treat bitcoin more than gold because bitcoin is superior in gold because bitcoin got the technology that we really need and that is the decentralization from the blockchain and without it we cannot get into a revolutionary ideas which can change the world into a better and transparent world.
full member
Activity: 293
Merit: 100
February 07, 2018, 07:05:18 AM
Bitcoin, I think, looks more like a digital "gold" than a currency.
Because of the slow transfer of bitcoin, the problem of block congestion still exists, so it's hard to be a real currency right now.
Yes, it is a digital gold that helps us gain such a huge amount of money. It is a new gold. Yes, bitcoin will be our new gold but it doesn't mean that gold wont exist but not that like bitcoin. Because bitcoin is becoming more popular right now because many people are still using it. Must trust ourselves for us to gain and believe in bitcoin if you wanted to have that.
Pages:
Jump to: