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Question: Which will be worth more in 2021, Bitcoin or Gold?
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Gold

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Author Topic: Gold quickly becoming more scarce. Which will be worth more, Bitcoin or Gold?  (Read 688 times)
ttcsalam
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May 15, 2020, 05:09:22 AM
 #81

Although the two are seen in two ways.Gold has been carrying value since ancient times.Bitcoin has been around for the past decade.Gold can be seen. It can be touched with the hand.But Bitcoin is liquid money.Bitcoin also has a higher probability of profit and a higher probability of loss. However, in the case of gold, the possibility of more profit is less.All in all, the acceptability of gold is equal in all countries.

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May 15, 2020, 06:04:22 AM
 #82

Although the two are seen in two ways.Gold has been carrying value since ancient times.Bitcoin has been around for the past decade.Gold can be seen. It can be touched with the hand.But Bitcoin is liquid money.Bitcoin also has a higher probability of profit and a higher probability of loss. However, in the case of gold, the possibility of more profit is less.All in all, the acceptability of gold is equal in all countries.
Gold will reach it limit someday but the price of it will plateau and eventually will drop, unlike bitcoin which has a limited supply thus making the price of it in check. The reason that I believe that gold will reach plateau someday is the fact that space mining is becoming a thing in the future and particle accelerators are creating real life alchemy as in bombing lead atoms to become gold, when that happens the supply will increase and the price will go down. On the other hand, bitcoin will never reach the sky high price, not until it will be centralized. Decentralized bitcoin will only reach a stalemate because the chances that it will crash down is very high.

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May 18, 2020, 05:14:09 PM
 #83

What will be worthier in 2100? I put my lifesavings on bitcoin about that. I hope my grandchildren will live a rich life.  Cheesy

Well in 2100, only 0.00000596BTC will be generated per block, meaning 0.00085830BTC per day.

If I wanted to save money on a safe place, then the priceless gold would be my choice. It almost never loses value. With bitcoin tho you can lose fortunes within a month.


This show us the main difference between the two, if your goal this to store the value of your money over long periods of time then gold seems like the better choice as it has a proven record of thousands of years of doing that successfully, but if what you want to do is to maximize your profits as much as possible in the shortest possible amount of time then it seems that bitcoin is the best choice as I have no doubts that we will see a bull market during the next years.

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May 18, 2020, 05:55:17 PM
 #84

No comparison should be made concerning the Bitcoin and the Gold. Gold has been in existence as such has the will-power of the people while the said Bitcoin has been in existence 11years now. Bitcoin has made history when it come to the market compared to Gold and we should be proud of this as a community. Just with 11years bitcoin has been in the news and growing, so, it shouldn't be measure with Gold or any other. Bitcoin is still growing and will definitely outgrowth Gold.

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