Topic: Will bitcoin replace gold? - page 61. (Read 15681 times)
Really? Gold is secured by its own value that is not just being a material for "wires and trinkets". It's a rare metal used in a lot of various fields. That's also the reason why investing in gold has almost always been safe. It's value is unquestionable. And in a number of spheres it can be replaced in absolutely no way. All of this means there's inner value in gold. Unfortunately, there's no such value in BTC. So right now what all of us are doing is speculating on BTC rates...
Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
gold has been a reliable tool for centuries, Gold has served as a protective way to store wealth, and hide money. so bitcoin will not replace gold only it may cost more than gold.
I dont think so. In the end game Gold is still a precious metal and a beautiful thing in the eyes of a person. Bitcoin is a different story as it is a very good way to make transactions so as for the better currency the bitcoin would be best of two as for my opinion.
Wxactly they have different characteristics and uniqueness sow e shouldnt compare it with each other. Bitcoin cant replaced gold even it has a higher value as it is only exist in a virtual world. And aside from that bitcoin is much better when it comes to transaction but unlike gold it cant be touch and be used directly. Both gold and bitcoin is good to have so we must keep saving it.
Yes bcos bitcoin is more good than gold for our future bitcoin can give us big profit than gold.
i think it wouldn't because bitcoin and gold have a significant different, gold have a physic. you can make a jewelry use gold and make it to fashion and the investation too, how about bitcoin, it just digital currencies, and we can't use it as fashion we just can use it for transaction and as our online currencies, so from my conclusion above i think bitcoin and gold have a significant different so bitcoin can't replace gold at all
I don't think so. Gold is a far more important good than bitcoins because of how precious each ounce of gold is harvested and how useful gold is compared to bitcoins. Bitcoins did surpass gold in terms of price but it doesn't necessarily mean that bitcoins will replace gold.
Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
gold has been a reliable tool for centuries, Gold has served as a protective way to store wealth, and hide money. so bitcoin will not replace gold only it may cost more than gold.
Probably not, some people choose to invest in gold because they love their beauty. Gold prices also tend to be stable.
But if the future will be printed bitcoin and have a higher quality of gold may be many people interested in using it
But if the future will be printed bitcoin and have a higher quality of gold may be many people interested in using it
Wise people never invest in anything after getting attracted by its beauty. What is the point in having the beauty, if the returns are low? If that was the case, then investors will be going after gold jewelry and not gold bullion bars/coins.
Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
gold has been a reliable tool for centuries, Gold has served as a protective way to store wealth, and hide money. so bitcoin will not replace gold only it may cost more than gold.
Bitcoin instead of gold? I think it is impossible. Gold and bitcoin are two concepts of things. Gold has been a significant measure of humanity for thousands of years, and gold itself has many uses. Bitcoin is just a cryptocurrency, but people believe Bitcoin is safe, so prices have been rising.
Probably not because some people choose to invest gold.but this time Bitcoin is better to invest because btc price is riging higher
Bitcoin instead of gold? I think it is impossible. Gold and bitcoin are two concepts of things. Gold has been a significant measure of humanity for thousands of years, and gold itself has many uses. Bitcoin is just a cryptocurrency, but people believe Bitcoin is safe, so prices have been rising.
In my opinion, bitcoin will not replace gold, because gold is the stuff that every community enjoys, whereas bitcoin is known only to certain people so it will be difficult to replace gold in the public eye.
Yes, that was really the stuff that everyone enjoys but do you see gold nowadays? No because right now gold is no use. Gold is just in the past generation. But bitcoin? I can say that it cant replace by gold because bitcoin right now is our gold that we will hold this for our future. Gold can be replace by bitcoin because as we can see right now, Bitcoin is very popular but gold is just in the past. 
In my opinion, bitcoin will not replace gold, because gold is the stuff that every community enjoys, whereas bitcoin is known only to certain people so it will be difficult to replace gold in the public eye.
i think it can't because we also really need actual money. bitcoin or other non actual money are really popular but real money we also need. if bitcoin will be hacked or people will be suffer. and real money can hide in a safe place rather than in bank or other thing.
I don`t think bitcoin will replace gold but it will for sure become / remain a very intersting way of keeping / storing your invests safe - however, comparing tangible goods as gold with intangible goods as BTC is not always easy in all aspects. I think BTC can be seen as the modern gold :-)
Yes i think, Bitcoin will be more profitable than gold since the value is keep on increasing and it reaches $8k so fast. Probably in the next few more years bitcoins value will surpass even the gold's price.
Bitcoin price reach the price of gold but i'm sure bitcoin will never replace gold. First Gold is a valuable asset and it is real asset while bitcoin is digital currency which is a product of digital technology an it can be suddenly disappeared. Gold has a history of thousands of years when human just appeared but now it is still assertive its value. Gold has many useful in real life bitcoin now is not have this.
At least gold has been proven since hundreds years ago as wealth also real asset. Bitcoin is result of thinking geniuses using technology. Bitcoin is superior, especially its capitalization now growing remarkably. However, bitcoin never replace gold position as a protected value.
No, I'm not sure bitcoin came to replace gold. Bitcoin will be a valuable thing like gold, not to replace gold. Gold will remain gold and bitcoin will remain bitcoin. Gold can also be jewelry and the price increases, the beautiful jewelry to propose a girl. Will anyone propose a girl with bitcoin?
For your kind information, bitcoin already completed the race before the gold.Which means,bitcoin value is greater than gold.
1 Btc = 400 grams of gold.
Just see this comparison, are still believe gold is greater than bitcoin. It looks like fun.My opinion is bitcoin is always better than gold.You can inverse in bitcoin and use it as currency too.
I think this is impossible
Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
Bitcoin can't defeat gold! People are still prefer to buy gold than to buy bitcoins because they are not aware to what is bitcoin. I know that bitcoin cannot replace gold. Bitcoin will never be stable like gold. The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
Jump to: