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Author Topic: Just a remark about Bitcoin, Gold and Water...  (Read 551 times)
senin
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May 14, 2020, 06:19:54 PM
 #41

Well the gold often mentioned is more "shiny stuff" that lay around the surface imo, just if someone else considered it valuable.

Gold in the ancient times was on the surface of the earth and in caves... But for obvious reasons it isnt anymore. Howvere, I don't think gold has much of a purpose anymore (don't think it can do much platinum can't).

Water is also kinda worthless so the anology doesn't really follow I don't think... Most of western europe have springs and lakes that carry drinkable water (not sure about the rest of the world).
Gold will also retain its value, as well as many centuries and millennia before. Regarding water, then it was never useless. This can be confirmed by people with a hot climate. But in the future, taking into account global warming and climate change, the cost of fresh water will constantly rise in price. Glaciers melt and mix with the salt water of the oceans. In lakes and rivers, the water dries up. This trend will continue. Therefore, fresh water will be of great value.
As for bitcoin, so far no one can say for sure about its future. We can only hope that his future will be beautiful.
Yes, fresh water in the current climate change environment will be in increasing demand. Who thinks that the reserves on our planet are inexhaustible, is mistaken. In the future, fresh water will rise in price. The demand for gold will be about the same. But it is hardly worth comparing the price of gold or water with Bitcoin. These objects, in my opinion, are not comparable.
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May 15, 2020, 04:26:00 AM
 #42

I agree with you that bitcoin gold and water can never be compared to one another Both are needed in our daily work to survive However, Bitcoin is more valuable than gold. If the price of gold decreases the demand in the market will decrease but the demand for Bitcoin will not decrease. He will stay in the same place. But without water we cannot survive The name of life on the water Without water people will lose their way of life Bitcoin and gold can no longer be compared with water.

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shoreno
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May 16, 2020, 05:59:17 AM
 #43

 you forgot that when there is rain we can also see a rainbow and on the end of the rainbow they say gold exist there too   . so they all somehow connected to each other  .   i dont get why you think btc is similar to water   . just because water symbolize life or the flow of life  ?  you maybe thinking that people now invest thier saving on btc and treat it as thier life   .  hmm   .  that make sense to me now  but gold is investment too although btc is a new thing and still hot in the peoples eyes
ifinta (OP)
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May 29, 2020, 07:51:18 PM
 #44

you forgot that when there is rain we can also see a rainbow and on the end of the rainbow they say gold exist there too   . so they all somehow connected to each other  .   i dont get why you think btc is similar to water   . just because water symbolize life or the flow of life  ?  you maybe thinking that people now invest thier saving on btc and treat it as thier life   .  hmm   .  that make sense to me now  but gold is investment too although btc is a new thing and still hot in the peoples eyes

You have right - the rainbow is a kind of jewellery - sure Smiley

TheGreatPython
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May 30, 2020, 03:27:06 PM
 #45

I think, Bitcoin is similar to WATER. In the Nature, there is water in the clouds, not gold Cheesy
Any opinions? Wink
That's wrong. Water can be seen everywhere, so there is no similarities between water and Bitcoin. Moreover, basically you are contradicting yourself. If you are talking about nature then natural cloud will have water and the electronic format cloud will have anything hence why not bitcoins?

You can even find water these days more than you can see Gold; there are streams, lake, rivers and there rest of them and it's even in your house when you switch on the tap. I think cryptocurrency (Bitcoin) is very unique, and what it requires is trust. It's something we don't see, it's simply mathematics and numbers that you only see on your screen using your computer or smartphone. We just have to trust in Bitcoin and it will keep growing, if not, it wouldn't.

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PavelMed
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May 30, 2020, 05:02:38 PM
 #46

I think we can't compare Bitcoin with water. Water is a necessity and no one can't live without it but it's free and we can find it everywhere. Its demand is high and continuous yet the supply is also unlimited. Bitcoin has a value, we need it but we can also live without it since fiat is still existing. The demand is high but the supply is also limited. Water is one of our major necessities, unlike Bitcoin and gold.
And we are 90% water, watermelon and even more - 95%. But nothing in nature and in the world consists of bitcoin. Well, of course, it can be grown, but the production of cucumbers is not complicated every year. I don’t think comparing bitcoin with water is possible at all

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May 30, 2020, 05:20:15 PM
 #47

I think, Bitcoin is similar to WATER. In the Nature, there is water in the clouds, not gold Cheesy
Any opinions? Wink
That's wrong. Water can be seen everywhere, so there is no similarities between water and Bitcoin. Moreover, basically you are contradicting yourself. If you are talking about nature then natural cloud will have water and the electronic format cloud will have anything hence why not bitcoins?
I don't know why this discussion has gone too long. Basically, the water is a natural resource from the planet unlike bitcoin that has been made 10 years ago so what's the point in comparing these two?

You can even find water these days more than you can see Gold; there are streams, lake, rivers and there rest of them and it's even in your house when you switch on the tap. I think cryptocurrency (Bitcoin) is very unique, and what it requires is trust. It's something we don't see, it's simply mathematics and numbers that you only see on your screen using your computer or smartphone. We just have to trust in Bitcoin and it will keep growing, if not, it wouldn't.
Everyone will live even without bitcoin, not the same case if there's no water that should be the endpoint of the argument. They have different utility, use-case scenarios. OP should ask himself why natural stones are expensive than man made ones, just think the value of stone made under pressure. This is also why we should compare gold to bitcoin, I mean can we stop comparing at all? just enjoy every bitcoin you have coz its future is bright.

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