Topic: Will bitcoin replace gold? - page 66. (Read 15661 times)
No, Bitcoin will not replace gold or Gold will not replace BItcoin - they are different in many ways. But, for the time being, Investing in Bitcoin is better that investing in Gold.
Bitcoin and gold are different in nature things that are generally not comparable to each other, although both perform the function of storing value. Gold exists in our physical world and has long been a measure of value. The digital currency appeared only in the last decade and exists in the virtual world of the Internet. They are so different that they can not greatly influence each other, although due to the high demand for bitcoin, the price of gold has now fallen. However, gold has always been, is and will be a classic measure of value and serve as a repository of value. Therefore bitkoyn can not replace gold.
bitcoin can not replace gold. Bitcoin brings many benefits, helps people get profits in investing. Gold is precious metal, it has aesthetic value, it increases the beauty of human appearance. Gold is also the standard measure of currency from ancient to present.
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.
I am a fan of bitcoin but I know that the bitcoin can't replace the gold. I believe that many people will says that gold is more profitable than bitcoin. Bitcoin can't replace the 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.
I am not sure about this because for the longest time, gold has been used as the standard for physical currency. But who knows?
gold and bitcoin are all valuable things. But the value of gold can not be increased four times in three months. and thousands more in 4 years.
Gold is the most safe asset for saving, so, it can not increase the price as Bitcoin because the Gold holder do not want to have the risk while they are saving it in long time. Unlike Bitcoin, the value of Gold will never decreases after long time, because it has proved its power since the feudalism until today.
can not replace gold. Gold is a rare metal. and they can not be replaced. The value of gold has been accepted by people
gold and bitcoin are all valuable things. But the value of gold can not be increased four times in three months. and thousands more in 4 years.
I think gold will never replace with bitcoin because bitcoin has a different genre with gold. Gold its a real thing that we can save, we can use, and easy to sell just visit the jewellery stores there is no need waiting to get a real money immediately.bitcoin is a electric money we just can keep it by numeric account than trade it in real money but need a difficult step. in this time a lot of people like to trade with other goods and services but in several option.
Bitcoin replacing gold is highly unlikely because these are in different worlds, bitcoin is based on technology and gold is basically a precious metal but where the real difference comes is based on demand and price. Bitcoin will have more demand than gold because btc is easier to get and more people will prefer to invest in bitcoins because of the high return on investment as compared to gold.
Comparing gold and bit coin is correct for some parts, but I do not think it is the same. Even with gold and bit coin prices, there are many variables.
Bitcoin is very unlikely to replace gold. It has become another commodity. Someday a virtual currency may supersede the others. It would have to be by international agreement between the major nations, and regulated by some central bank or similar institution. If this ever happens it won’t be within the next 50 years.
Well i dont think so. We can still need gold in other way or other purposes but in terms of its value, btc are higher than gold.
Right, the two is different from each other and I don't think Bitcoin can replace gold. The value of Bitcoin is higher than gold but the function of the two is not just about the price or the money that you can get if you sell it. Gold is a metal and the material use to be jewelry which Bitcoin cannot do; thus, gold cannot be out of the way. 
I don't think bitcoin will replace the gold. I think that Bitcoin better than gold. actually Bitcoin and gold are totally different even an investment. Bitcoin is a currency which its market value is increasing day by day. market price of gold is more stable.in general Bitcoin is better .
The question investors should ask is, will there be bitcoin in the future. Because gold will be there ... though it may be much weaker than it is at present.the future of a bitcoin depends on his development 
True, you cannot compare it because they both serve different function now
We still need gold as a safe haven, as an emergency fund when there is some political instability or perhaps war, we can still use it to survive
Bitcoin on the other hand is a form of investment, it will keep increasing in value the more people acknowledge it
I think both had really different feature gheh arecreally not the same i think in terms of value bitcoin and gold are almost the same but if we talk about the appearance bitcoin is really not good as gold.I believe that bitcoin. Annotvreally replace gold in terms of physical appearance but if we talk about its value we can really say that maybe it will replace gold someday.We still need gold as a safe haven, as an emergency fund when there is some political instability or perhaps war, we can still use it to survive
Bitcoin on the other hand is a form of investment, it will keep increasing in value the more people acknowledge it
Gold is gold and bitcoin is bitcoin, gold can’t replace by bitcoin and either bitcoin can’t replace bitcoin. Gold can be used in many ways so like bitcoin. If two different things are unlike they can’t replace each other. In the other hand if we will talk about the value of of gold and bitcoin. It will still be different, gold can be much expensive with bitcoin and vice versa. For me nothing can replace gold and my hope are so high that nothing will also replace bitcoin.
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.
It's never happened because gold and BTC is different story
gold has a different price and shape than bitcoin ... from there we can not say will happen or not, I think now bitcoin exceeds the price of gold that increases every second.
It's unlikely to replace gold as this would require Bitcoin becoming mainstream and the government backing their fiat currency by Bitcoin or completely embracing Bitcoin
True, you cannot compare it because they both serve different function now
We still need gold as a safe haven, as an emergency fund when there is some political instability or perhaps war, we can still use it to survive
Bitcoin on the other hand is a form of investment, it will keep increasing in value the more people acknowledge it
I think both had really different feature gheh arecreally not the same i think in terms of value bitcoin and gold are almost the same but if we talk about the appearance bitcoin is really not good as gold.I believe that bitcoin. Annotvreally replace gold in terms of physical appearance but if we talk about its value we can really say that maybe it will replace gold someday. We still need gold as a safe haven, as an emergency fund when there is some political instability or perhaps war, we can still use it to survive
Bitcoin on the other hand is a form of investment, it will keep increasing in value the more people acknowledge it
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