I think bitcoin and gold are different things.
Firstly bitcoin is payment instrument, secondly traditional market do not ready to gold replace.
Topic: Will bitcoin replace gold? - page 6. (Read 15681 times)
Yeah probably if those gold investor will come to learn about bitcoin then greater percentage of chance that they will invest in bitcoin instead of investing gold. Gold is a good investment though but it could some years before you will earn in it which opposes the idea of bitcoin that could only take a year or months or weeks depending the market price movement. So if i have that kind of money then for sure i will invest in bitcoin instead of gold. But i think when you ask bitcoin could replace gold? well i think not, because there are many gold lovers around the world and some of them are conscious its glittering spark regardless of the value of that gold. They are only after for its design or the uniqueness as a fashion accessory.
I don't think that Bitcoin will replace gold. But it can be a good alternative, living in parallel with gold. I think if somebody wants to be as safe as possible, he should buy both gold and Bitcoin. Gold's big advantage is that it will survive any collapse, for example even if the whole internet and electricity stops working.
I believe gold and silver are money that very precious and has been used as money for a long time so it is obviously that bitcoin is also a money. I am pretty sure if will have a good investment in bitcoin it will become as precious as gold.
In addition to this, we are still in a time where the true value of gold outweighs Bitcoin. In other words, people still look at 'physical' gold as more valuable than digital assets.
well to my own opinion it will be hard for bitcoin to replace gold.
no, gold is no everyday medium for financial transactions. Bitcoin is here to reform the world economy - free the mass people from government's watch and change the world economy forever.
We can’t compare BTC and gold together. Because of it's tangible values. But I think it will never replace gold "literally". Gold has many uses that BTC can't replace. This are obviously two different things.
That is true, we cannot compare the two because they both have different characteristics.They are very different physically and with the usage. Gold is more stable than bitcoin. Bitcoin can be use via online transaction.
I don't know how Bitcoin Gold could be transformed. Bitcoin cannot easily replace Gold. Gold is the most precious metal. But I believe, Bitcoin will make everyone look.
I do feel like Gold will always exist and be needed. I do think Bitcoin will eat into golds market cap, but it will never fully replace gold. Gold has been used for thousands of years, and it will always be a good store of wealth. Bitcoin is just better than gold.
Very unlikely.Gold has been around for several hundred years and I don't think that digital currency will ever be steeper than our usual gold
I don't thinkk so. Bitcoin will never replace gold. Nowadays we can use gold as jewelry not bitcoin. Gold is the most use of all and the most famous.
Gold will stay precious for many old-school investors who don't wanna accept start the new and better investment segment (cryptocurrencies).
Everyone invest because of money. And the best and fastest way how to earn big money is Crypto. ( in my opinion )
Everyone invest because of money. And the best and fastest way how to earn big money is Crypto. ( in my opinion )
I don't feel that bitcoin will supplant the gold as instrument of venture since gold is exceptionally old than the bitcoin, will be difficult to bitcoin supplant the gold, particularly numerous individuals around the who don't think about the bitcoin and numerous individuals consider that bitcoin is simply diversions on web, a few people said that bitcoin is Ponzi and related with wrongdoing movement than be learned as innovation behind of the blockchain
Highly unlikely as bitcoin is a digital asset while gold is a physical asset which you can see. Gold is more stable and less of a risky investment so people will always invest in gold and it will always be relevant.
Bitcoin and Gold both have some specific features in terms of making profit. Gold has been considered the most popular saving tool among the people regardless of nation or community. but the time has been changed, day by day Bitcoin is taking the control over the business platform. people are becoming dependent on the Bitcoin system. so it will replace of the gold in the future.
Hmm, maybe your right but then why the value of bitcoin keep on decreasing its value is too low and i am worrying that someday bitcoin will come to end.
I don't think that bitcoin will replace the gold as instrument of investment because gold is very old than the bitcoin, will be hard to bitcoin replace the gold, especially many people around the who don't know about the bitcoin and many people consider that bitcoin is just games on internet, some people said that bitcoin is Ponzi and related with crime activity than be learned as technology behind of the blockchain.I think so....
I don't think so. Because bitcoin has different value and gold has different value. As both are different measure for defining money and for economy. Both run parallel. Without intersecting each other. Bitcoin is a crypto currency which value fluctuates a lot while gold is coming since earlier ages. Earlier gold is used as to made currency while now it is used as ornaments
I think no one can replaced gold, because gold is known in every countries. Known in higher value in our market. Lots of people owned gold because of the pleasant nice wholesome in forms of jewelry.
I don't think so. Because bitcoin has different value and gold has different value. As both are different measure for defining money and for economy. Both run parallel. Without intersecting each other. Bitcoin is a crypto currency which value fluctuates a lot while gold is coming since earlier ages. Earlier gold is used as to made currency while now it is used as ornaments
Bitcoin can't replace Gold, there is many differences between them and each have its value and features. Bitcoin is a digital currency used and traded online, while gold is mainly an asset and traded mostly offline.
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