Will bitcoin replace gold?

[DoublerHunter]

If yoy are talking bitcoin as an asset then yes it has already replaced gold to great extent. People nowadays happily hold bitcoins rather then gold because of its price and profit.

Gold are existing and gold is very different compare to bitcoin. Bitcoin will not replace the gold because bitcoin is different and i also think that bitcoin is a better thing to hold rather than gold because if you will hold bitcoin then you can earn faster than holding the gold because the gold is just so slow and almost stable.

[snipetr]

It is not possible for bitcoin to replace gold, as gold has its own place in people's mind. Gold is not only one of the metal, it reflets finalcial status as well as seems good to eyes through ornaments. And bitcoin has its own place, people use it as investment, for saving and for transactions. So both are on there place, will not be replace.

[heureca]

It is not possible for bitcoin to replace gold, as gold has its own place in people's mind. Gold is not only one of the metal, it reflets finalcial status as well as seems good to eyes through ornaments. And bitcoin has its own place, people use it as investment, for saving and for transactions. So both are on there place, will not be replace.

Yeah, I agree. Gold in fiat world have long-term status and history. Gold is also limited and is used as jewellery. So BTC can't replace gold.

[nurilham]

for me, recently Gold is completely replaced by Bitcoin, Bitcoin's higher price than the future gold of Bitcoin is also better than gold. gold is very stable and Bitcoin keeps crawling up the price.

[oaz7t]

I dont think so as gold is a precious metal n bitcoin is a currency which are different.
As of now the value of bitcoin is too high compared to gold bt as this currency is accepted in a limited places and is not yet recognised by the government.
Gold has many ups and downs in the value however bitcoin is rising but gold still remains a safe but stagnant investment compared to bitcoins

[dotcomwriter]

In terms of value, bitcoin has replaced gold because it's worth surpass that of gold according to pundits. However, gold is tangible but bitcoin is online based. So when it comes to that, bitcoin cannot replace gold because gold is a commodity that can be used in different ways but bitcoin is a cryptocurrency. Therefore, in my opinion, bitcoin cannot replace gold what it can replace is paper money when it is globally accepted.

[Boluwatife]

No No  No  No  No No No  No  No  No No No No No No No No No No No No No No No  ....... NEVER

[Stanlymaker]

I think he can not do it. Well, both bitcoins and gold are important in the modern economy and trade. Most people are interested in the potential of bitcoin, in its rapid growth, in the fact that now no one can control it. But gold has settled on the market, and even such an alternative as bitcoin will not be able to supersede it.

[Fujiati]

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 replaces gold? that's not possible, gold has been used by humans for a long time even gold is also a very profitable investment, bitcoin and gold each have a high value.

[Gabrieelle]

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 replaces gold? that's not possible, gold has been used by humans for a long time even gold is also a very profitable investment, bitcoin and gold each have a high value.

I agree that both of them have their own value and purpose, no one can replace each other because they both have different worlds to live in. But if you're going to talk about investments, we all know that bitcoin is a much better investment than gold because bitcoin's price is continuously rising and most people are getting more profit than ever before.

[Dark Sky]

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 replaces gold? that's not possible, gold has been used by humans for a long time even gold is also a very profitable investment, bitcoin and gold each have a high value.

I agree that both of them have their own value and purpose, no one can replace each other because they both have different worlds to live in. But if you're going to talk about investments, we all know that bitcoin is a much better investment than gold because bitcoin's price is continuously rising and most people are getting more profit than ever before.

but the main point is that we can wear the gold because its a jewelry type thing that's why the price of gold is high but than bitcoin is use for income and can start  for business and other things we want to money, so it is use like money for online shopping, so these are not same things, but if you have bitcoin you will buy anything or gold  and you can settle your life.

[ridhonofri23]

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 replaces gold? that's not possible, gold has been used by humans for a long time even gold is also a very profitable investment, bitcoin and gold each have a high value.

According to my bitcoin won't replace gold, bitcoin digital money will be only for the miner

[kirti rana]

i am not replaced bitcoin in gold. Gold is a atrective metal on jeweleries. Not better then of bitcoin.

[jam22]

Come on you can't compare btc to gold.  Gold is a one of a kind object. Bitcoin is not that unique and hundreds of clones can be created.  Its at the top spot because it was created first.

Yes that's true, both of them are valuable and needed to be kept.

[8Habits]

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 replaces gold? that's not possible, gold has been used by humans for a long time even gold is also a very profitable investment, bitcoin and gold each have a high value.

I agree that both of them have their own value and purpose, no one can replace each other because they both have different worlds to live in. But if you're going to talk about investments, we all know that bitcoin is a much better investment than gold because bitcoin's price is continuously rising and most people are getting more profit than ever before.

but the main point is that we can wear the gold because its a jewelry type thing that's why the price of gold is high but than bitcoin is use for income and can start  for business and other things we want to money, so it is use like money for online shopping, so these are not same things, but if you have bitcoin you will buy anything or gold  and you can settle your life.

At the present time, in terms of fast return, nothing can beat bitcoins - even gold as gold price increases its price slowly while bitcoin grows very fast even within a month it increases at high percentage.

[MWesterweele]

i am not replaced bitcoin in gold. Gold is a atrective metal on jeweleries. Not better then of bitcoin.

Gold nowadays is now higher value like bitcoin while bitcoin is much higher value than gold. Both of them has advantages and disadvantages to us, no one can replace to each other. Both of them own purpose and both of them are needed to keep because of its value increasing.

[JJack@]

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.

Gold is physical I think this is a really big factor as to why BTC can never replace gold. If there is no electricity there is no BTC, but there is gold and therefore there is currency. Also it has been around for thousands of years, so it just cant be ' replaced ' that quickly. People have to be a little bit more critical in what they say imo.

[cengsuwuei]

bitcoin never replace gold, because is difference
GOLD is ready physic, bitcoin is not, gold can be made in jewelry that has a luxury value , bitcoin is not

if only investment and price, bitcoin this now above GOLD

[8Habits]

bitcoin never replace gold, because is difference
GOLD is ready physic, bitcoin is not, gold can be made in jewelry that has a luxury value , bitcoin is not

if only investment and price, bitcoin this now above GOLD

I agree with you mate. If we can be able and have more resources, it is ideal to invest to both to bitcoin and gold - just make it sure that gold should be for a long-term investment wile bitcoin can be both.

[Kez1817]

   No,bitcoin cannot replace gold because they both have differences. Gold is gold,bitcoin is bitcoin. Gold is tangible asset,bitcoin is digital asset. They are both valuable and popular but at this time bitcoin make a noise that brings people to enter in bitcoin world than gold.