JakaE
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May 22, 2017, 09:08:42 AM |
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If you judge their value purely by scarcity, then it's way better. It has a known maximum supply that's finite and, if anything, exaggerated due to lost coins and a stable and diminishing rate of supply increase.
But they both get their value from and have uses outside of just storing value.
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Diced90
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July 11, 2017, 08:43:04 PM |
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Equal... nah, Better! Bitcoin and gold are quite similar to each other as others have gone on to call it digital gold but what makes bitcoin stand out is the number of people that have shown interest to invest in it and fun fact we have no counterfeit bitcoins unlike gold ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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nethan1btc
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July 11, 2017, 09:20:27 PM |
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Equal... nah, Better! Bitcoin and gold are quite similar to each other as others have gone on to call it digital gold but what makes bitcoin stand out is the number of people that have shown interest to invest in it and fun fact we have no counterfeit bitcoins unlike gold ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Certainly sometimes In agree with that conditions regarding bitcoin and gold, but in reality it's not. Although gold has beeen remarkably popular for a ling period of time I guess it's not like bitcoin's price right now, their different investments as what I have observed. In fact right now more people wanted to invest in bitcoin comparing with gold's popularity, and they only think gold was just a material used only for fashion wears.
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skorupi17
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July 11, 2017, 10:36:50 PM |
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As we know that the gold in this world from the long time so about every people in the world are using the gold but If I will take Bitcoin in the consideration that what will happen after hundred years with bitcoin if everyone will use it will it will be possible that the condition of the Bitcoin will become like the gold which is stable and not much profitable .
It will not be like a gold that is stable. Imagine Billions of people are using Bitcoin which is less than 21 Million only. Greedy people will always be there and they will strive to get as much Bitcoin as they want. The supply is fixed or may reduce over time but the demand is very high. Even though all are using Bitcoin, the demand will continue to go high so the volatility will always be there.
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HasHe
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July 12, 2017, 12:37:14 AM |
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As we know that the gold in this world from the long time so about every people in the world are using the gold but If I will take Bitcoin in the consideration that what will happen after hundred years with bitcoin if everyone will use it will it will be possible that the condition of the Bitcoin will become like the gold which is stable and not much profitable .
People have saved gold for centuries.It has become a tradition among people.Gold has not given huge losses to its investors by price fall.It has gained huge trust among people.Even though bitcoin has given huge returns to its investors when compared to gold,still people would stay comfortable with investing in gold and they may invest a small amount in bitcoin.
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northstarh
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July 12, 2017, 06:04:47 PM |
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As we know that the gold in this world from the long time so about every people in the world are using the gold but If I will take Bitcoin in the consideration that what will happen after hundred years with bitcoin if everyone will use it will it will be possible that the condition of the Bitcoin will become like the gold which is stable and not much profitable .
Do not compare bitcoin and gold, look at its value, we can easily see that bitcoin carries a higher value, but vice versa, gold exists permanently, but bitcoin always faces the risk of collapse.
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Nahl
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July 12, 2017, 06:24:09 PM |
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bitcoin and gold are different although both of them are valuable but gold had physical and bitcoin not and besides investment tool people in my country use gold as the jewelry but bitcoin impossible use as the jewelry because it's digital so it's have different side and i personally do not want they're dissapear in the world even i wish in the future they will walking together as the main investment for every people
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hurain
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July 12, 2017, 08:29:02 PM |
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As we know that the gold in this world from the long time so about every people in the world are using the gold but If I will take Bitcoin in the consideration that what will happen after hundred years with bitcoin if everyone will use it will it will be possible that the condition of the Bitcoin will become like the gold which is stable and not much profitable .
Do not compare bitcoin and gold, look at its value, we can easily see that bitcoin carries a higher value, but vice versa, gold exists permanently, but bitcoin always faces the risk of collapse. yes that is right bitcoin is already carrying a high value. i think in my area the price of one bitcoin is 6 time more than the price of bitcoin and still it is increasing from time to time. i think we should not even compare it because bitcoin is a currency while gold not currency and is only an element.
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richardsNY
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July 12, 2017, 09:43:26 PM |
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bitcoin and gold are different although both of them are valuable but gold had physical and bitcoin not and besides investment tool people in my country use gold as the jewelry but bitcoin impossible use as the jewelry because it's digital so it's have different side and i personally do not want they're dissapear in the world even i wish in the future they will walking together as the main investment for every people
Seriously, who cares about the jewelry aspect of gold in the financial world? It makes no sense to talk about jewelry where after that you point it out as difference when it comes to Bitcoin. Bitcoin and gold share quite a lot similarities, anyone denying that is delusional. Both most importantly function as store of value, investment solution, currency, and a way to completely cut ties with banks and governments. Bitcoin offers a far better form of usability, divisibililty, and accessibility. Gold on the other hand enjoys the fact that it can serve as currency at basically any difficult situation (mainly think about having no access to the internet).
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bohr
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July 13, 2017, 08:58:43 PM |
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As we know that the gold in this world from the long time so about every people in the world are using the gold but If I will take Bitcoin in the consideration that what will happen after hundred years with bitcoin if everyone will use it will it will be possible that the condition of the Bitcoin will become like the gold which is stable and not much profitable .
In a few hundred years it may be the opposite, bitcoin will always be scarce, that is in the code, but in a few hundreds of years it is possible the humans have conquered space flight and we are able to travel to the different planets in our solar system and take advantage of the resources, if that happens the amount of gold is going to explode.
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Zenithar
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July 14, 2017, 11:58:26 PM Last edit: July 18, 2017, 01:22:17 AM by Zenithar |
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bitcoin and gold are different although both of them are valuable but gold had physical and bitcoin not and besides investment tool people in my country use gold as the jewelry but bitcoin impossible use as the jewelry because it's digital so it's have different side and i personally do not want they're dissapear in the world even i wish in the future they will walking together as the main investment for every people
yes that is right that both have their own importance but i think we should not try to compare both bitcoin and gold because gold is an element while bitcoin is a currency. and there is no such match between the two. i think it is not good to match the two. we use bitcoin just like currency in our local market while using bitcoin mostly for saving purpose.
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Hazir
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★Nitrogensports.eu★
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July 15, 2017, 12:32:47 AM |
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As we know that the gold in this world from the long time so about every people in the world are using the gold but If I will take Bitcoin in the consideration that what will happen after hundred years with bitcoin if everyone will use it will it will be possible that the condition of the Bitcoin will become like the gold which is stable and not much profitable .
I am afraid that any form of the distance future predicting is nothing but guessing. We have no way to tell whether bitcoin will survive that long or what future scaling problems will be solved. We don't even need to mention about a fragile legal status of BTC and general situation of our planet. There are simply too many variables to predict the price of bitocin in the next week, the price might hit rock bottom or reach another ATH.
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TrumpD
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July 15, 2017, 10:00:37 AM |
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The physical nature of gold gives it an added advantage over bitcoins. Same as cash, people like what they can see, feel and hold. Gold has been hot for centuries. I don't see bitcoin as gold, they are both similar but still very different. If you ask me to pick, id say gold would outlive bitcoin.
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Quadast
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July 15, 2017, 05:53:29 PM |
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The physical nature of gold gives it an added advantage over bitcoins. Same as cash, people like what they can see, feel and hold. Gold has been hot for centuries. I don't see bitcoin as gold, they are both similar but still very different. If you ask me to pick, id say gold would outlive bitcoin.
In fact you are right and the fact is that the value of Bitcoin is in its price and in its material and physical body. Unlike gold, Bitcoin can boast of this. Thanks to high technologies Bitcoin keeps afloat, but gold will still be much higher than any currency.
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Patsakkyy
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🌟 eSports ICO: 01/11/2017 🌟
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July 15, 2017, 06:30:13 PM |
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It seems to me that there is absolutely no need to compete gold with Bitcoin. The fact is that these are two different currencies, or even more correct to say, 2 different goods with which you can earn real money or in which you can invest to save or increase your fortune. The great advantages of gold add to its physical value and material condition. Bitcoin still have other advantages with which many users of crypto currency are dealing today.
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MobileShopdotPH
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September 10, 2017, 10:59:20 AM |
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Bitkoyn is the new commodity and better than Gold ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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ewonardo
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September 10, 2017, 01:24:02 PM |
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Bitcoin has potential very expensive value in future, we all believe it. Disadvantage is, fee tx are quite large as today. Most exchangers charge fee 0.001/tx. if 1btc = $10K, then tx fee is $10. isn't it high enough.
So, i think bitcoin cann't be compared to gold. Gold is a hedge of wealth, while bitcoin is included in investment.
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greeklogos
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September 10, 2017, 01:34:55 PM |
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No, bitcoin is better.
Many people will agree with you and this is only because of the price for bitcoin which is breaking a one relied by another. Few years ago when the price for "digital gold" was under 100$ no one would say that bitcoin is better than gold. I think gold is never going to be replaced by bitcoin, yes, they have many things alike, but they stay too different at the same time.
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jvdp
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September 10, 2017, 03:05:55 PM |
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Bitcoin has potential very expensive value in future, we all believe it. Disadvantage is, fee tx are quite large as today. Most exchangers charge fee 0.001/tx. if 1btc = $10K, then tx fee is $10. isn't it high enough.
So, i think bitcoin cann't be compared to gold. Gold is a hedge of wealth, while bitcoin is included in investment.
Ya some what right.But bitcoin value is 10 times greater than gold. Actually bitcoin is not equal to gold,bitcoin is greater than gold.For example, if you inverse in gold means,you will get one time profit, but in bitcoin .You will get weekly profit based on the amount you inverse in bitcoin.
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Lazada
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September 10, 2017, 03:59:12 PM |
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As we know that the gold in this world from the long time so about every people in the world are using the gold but If I will take Bitcoin in the consideration that what will happen after hundred years with bitcoin if everyone will use it will it will be possible that the condition of the Bitcoin will become like the gold which is stable and not much profitable .
I think currently bitcoin is already very valuable. When compared to gold then I think bitcoin has the same level. Bitcoin has a lot of enthusiasts. So this will make the bitcoin more popular and will also be more in demand than gold. Bitcoin is much more valuable than anything else.
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