Bitcoin Forum
April 23, 2021, 05:44:12 AM *
News: Latest Bitcoin Core release: 0.21.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 [80] 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 »
  Print  
Author Topic: Will bitcoin replace gold?  (Read 15487 times)
sacred32700
Member
**
Offline Offline

Activity: 81
Merit: 10


View Profile
February 06, 2018, 11:03:44 AM
 #1581

In this generation with full of new innovations of technology the people create a virtual money to buy things they want and their needs, Bitcoin has a huge chance of probability that it can be replace as gold.
1619156652
Hero Member
*
Offline Offline

Posts: 1619156652

View Profile Personal Message (Offline)

Ignore
1619156652
Reply with quote  #2

1619156652
Report to moderator
1619156652
Hero Member
*
Offline Offline

Posts: 1619156652

View Profile Personal Message (Offline)

Ignore
1619156652
Reply with quote  #2

1619156652
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
genset88
Member
**
Offline Offline

Activity: 351
Merit: 10


View Profile
February 06, 2018, 11:03:56 AM
 #1582

It is impossible for bitcoin to replace gold and vice versa. I think it is naive to think that it would even happen. If you're only basis for bitcoin to replace gold is its value or price then you clearly have the wrong idea here. Both bitcoin and gold has their own perks which the other does not have and if you understand this then that alone is more than enough to justify that one will not replace the other.
Bitcoins can not replace gold, and this is not possible anymore, many people have such thoughts also because gold is a long-standing platform, Bitcoin only appears after gold but can still Gold and Bitcoin prices are very high, but to say that Bitcoin is an excellent alternative to gold is risky.

MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Telegram  |  Bip Wallet  |  Twitter
bitcoinorcash
Full Member
***
Offline Offline

Activity: 141
Merit: 100



View Profile
February 06, 2018, 01:08:07 PM
 #1583

Today, the bitcoin cannot replace that gold in other country because maybe that gold is narative money, but someday theres possibility that gold can replace bitcoin in the future so we jist need to persevere for the bitcoin future, my perspective about bitcoin can increase more bitcoins coz of transaction.  Wink
adjudicator
Full Member
***
Offline Offline

Activity: 281
Merit: 100



View Profile
February 06, 2018, 01:15:48 PM
 #1584

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.
For me, gold and bitcoin is both better in how they are used in their specific usage. They is no mass to each other because they have different usage. Like gold, it can be used in aesthetic and jewelries that bitcoin cant and bitcoin is being used in virtual world that gold cant so they are both grat.

DRIFE      Pre-sale: December 2018
████ BNEXGEN DECENTRALIZED RIDE HAILING PLATFORM ████
  ●●● Facebook ●● Twitter ●● Telegram ●● BTC ●● Whitepaper ●●● 
AliMan
Hero Member
*****
Offline Offline

Activity: 1806
Merit: 502


Student Coin


View Profile
February 06, 2018, 01:18:14 PM
Merited by Arumi.Bilqis (1)
 #1585

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.
For me, gold and bitcoin is both better in how they are used in their specific usage. They is no mass to each other because they have different usage. Like gold, it can be used in aesthetic and jewelries that bitcoin cant and bitcoin is being used in virtual world that gold cant so they are both grat.
Bitcoin will never replace gold (vice versa). You are comparing two different things. These two are very different though they both have high equivalent value when you want to sell it. You can’t buy things using gold, but in bitcoin, you can. Gold has no transaction system while bitcoin has. Bitcoin is a currency while gold is a precious metal. Both can be converted into a cash.

STUDENTCOIN


















Powered by,
newb-dev
Full Member
***
Offline Offline

Activity: 406
Merit: 100



View Profile
February 06, 2018, 01:24:03 PM
 #1586

Gold is more stable than bitcoin at this point so many people consider it safer. In few years bitcoin could pass gold and it will replace it. I really believe this
Xelle
Newbie
*
Offline Offline

Activity: 53
Merit: 0


View Profile WWW
February 07, 2018, 01:41:04 AM
 #1587

For me its a no.gold is known precious Since then up to now..
Herjuna
Newbie
*
Offline Offline

Activity: 48
Merit: 0


View Profile
February 07, 2018, 02:06:37 AM
 #1588

I think it's impossible, because gold had become part of community life and long "ingrained" in human life, it is better we are looking for a lot of bitcoins for buying gold. Gold and bitcoins empirically are two different things  Wink
arrmia11
Member
**
Offline Offline

Activity: 392
Merit: 13


View Profile
February 07, 2018, 02:15:59 AM
Last edit: February 07, 2018, 02:44:23 AM by arrmia11
 #1589

One thing cannot be replace by another thing. Therefore, there is no such things as replacing gold by bitcoin. You can never replace gold because of its nature of characteristic that is made by natural resources. Bitcoin is something that exists within the virtual world or technology that is man made. In terms of value gold is something that is stable while bitcoin is undetermined in terms of value.

Ngajim
Member
**
Offline Offline

Activity: 279
Merit: 13


View Profile
February 07, 2018, 02:23:49 AM
 #1590

I don't think so, because this is a great storage value and people say bitcoin is digital gold.
bitcoin can not easily replace gold. gold can last for hunderds of years while bitcoin future is uncertain.
trickyriky
Sr. Member
****
Offline Offline

Activity: 882
Merit: 251



View Profile
February 07, 2018, 04:13:42 AM
 #1591

Today, the bitcoin cannot replace that gold in other country because maybe that gold is narative money, but someday theres possibility that gold can replace bitcoin in the future so we jist need to persevere for the bitcoin future, my perspective about bitcoin can increase more bitcoins coz of transaction.  Wink

Not today, not tomorrow, not anytime. Bitcoin will never replace gold as it is the value that is virtual, depending only on the demand and belief of people into it.
Leo Parrish
Newbie
*
Offline Offline

Activity: 43
Merit: 0


View Profile
February 12, 2018, 12:01:43 PM
 #1592

No it wont, simply because it cant.

Bitcoin is just false promise for naive people who dont understand that currency volume copying economy volume is essential feature of any possible usable currency.

Bitcoin market is just a casino, a pyramid scheme.
Lester Cole
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
February 12, 2018, 12:02:53 PM
 #1593

old is not the standard store of value, the U.S. dollar and the Euro are. Gold is a commodity whose price moves up and down, seemingly at random, like other commodities. It’s value is quoted in dollars or Euros.

Bitcoin is very unlikely to replace any of the above. 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.
JohnB31
Jr. Member
*
Offline Offline

Activity: 59
Merit: 1


View Profile
February 14, 2018, 08:58:08 AM
 #1594

Today is Valentines day.
Did you give
- Gold
- Bitcoin
- Something else
to your loved one?
s.mahmood
Newbie
*
Offline Offline

Activity: 294
Merit: 0


View Profile WWW
February 14, 2018, 01:07:35 PM
 #1595

Once upon a time people buy gold by his cash gold is a precious thing,when he needs money than he sold it. but now is the time of internet and technology,bitcoin is a business which is operate by Internet. It easier and profitable risk less if you handal carefully, so I assume bitcoin replace in gold.
larva
Newbie
*
Offline Offline

Activity: 16
Merit: 1


View Profile
February 14, 2018, 01:19:29 PM
 #1596

Bitcoin has their own value and use in different transaction, gold is also like that they also have their own value but in terms of mining the bitcoin and gold it is easy way to get bitcoin and other crypto currency. gold is so slow to move their value unlike bitcoin easily increase..More people were able to participate in bitcoin's market compared to gold since it is more accessible and easily earned even by a regular employee and non professional traders which makes its demand and supply flourish greatly this year compared to gold.
zzxswqq
Member
**
Offline Offline

Activity: 62
Merit: 10


View Profile
February 15, 2018, 08:58:26 AM
 #1597

It is inconceivable for bitcoin to supplant gold and the other way around. I think it is credulous to feel that it would even happen. In case you're reason for bitcoin to supplant gold is its esteem or value then you obviously have the wrong thought here. Both bitcoin and gold has their own advantages which alternate does not have and in the event that you comprehend this then that by itself is all that could possibly be needed to legitimize that one won't supplant the other.
zzxswqq
Member
**
Offline Offline

Activity: 62
Merit: 10


View Profile
February 15, 2018, 09:25:01 AM
Merited by mellorbo (4)
 #1598

It is inconceivable for bitcoin to supplant gold and the other way around. I think it is credulous to believe that it would even happen. In case you're reason for bitcoin to supplant gold is its esteem or value then you unmistakably have the wrong thought here. Both bitcoin and gold has their own particular advantages which alternate does not have and in the event that you comprehend this then that by itself is all that could possibly be needed to legitimize that one won't supplant the other.
rog1121
Full Member
***
Offline Offline

Activity: 350
Merit: 100



View Profile
February 15, 2018, 10:09:17 AM
 #1599

It is inconceivable for bitcoin to supplant gold and the other way around. I think it is credulous to believe that it would even happen. In case you're reason for bitcoin to supplant gold is its esteem or value then you unmistakably have the wrong thought here. Both bitcoin and gold has their own particular advantages which alternate does not have and in the event that you comprehend this then that by itself is all that could possibly be needed to legitimize that one won't supplant the other.
Ekimzjames20
Member
**
Offline Offline

Activity: 349
Merit: 10


View Profile
February 15, 2018, 10:29:40 AM
 #1600

I think bitcoin can't replace gold. They are not similar forms. Gold is a type of jewelry that people can wear, touch and see. While bitcoin is a digital cryptocurrency. It is used to regulate the generation of units of currency and verify the transfer of funds.
Pages: « 1 ... 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 [80] 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!