Cryptokobi (OP)
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October 19, 2017, 11:37:38 AM |
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In times of war, will people have money to invest in Bitcoin? I imagine that BTC will crash as people withdraw their money to buy food, supplies, etc.
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Cryptokobi (OP)
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October 19, 2017, 02:25:35 PM |
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Any sich commodoty in the war is useless. Imagine that if you are in the war and you need some money urgently. What would you do that time? Bitcoin can't acyually replace gold but bitcoin could be called as digital gold and all the digital commodities during a war will be of no use according to me!
Ok, so not to replace but better investment?
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gajebo
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October 19, 2017, 03:10:19 PM |
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Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
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no one expects war to occur on earth except you. bitcoin will always be an option when someone has been involved in crypto. so basically bitcoin is the king of digital technology in the internet world.
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TheBitNote
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October 19, 2017, 03:41:15 PM |
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I think one of the common threads of debate is how Bitcoin represents a store of value due to its finite nature, etc. However, the most important consideration in evaluating any technology or investment is what real value does it provide to people and will they want that specific value in various circumstances (e.g., war, recession, financial crisis, etc.). I think Bitcoin and similar blockchain technologies would do well during poor economic conditions, and financial-related crises would be a boon for these technologies, due to their ease of use, accessibility and trustless nature. Indeed, they were born out of the 2008 financial crisis. Other scenarios would be vastly different and it's difficult to predict the impact on the crypto market. I've discussed some aspects about the real value behind Bitcoin and other blockchain protocols here: http://thebitnote.com/cryptocurrencies-assets-currencies-or-tulips/Also, food for thought is that Bitcoin and related blockchain protocol projects are intrinsically tied to network effects (i.e., the value of these networks increases with the number of participants), so consider the future value being influenced by the extent to which people want to interact with these networks.
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btc-facebook
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October 19, 2017, 03:45:32 PM |
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Bitcoin become famous because it's value keep increase over time and everybody seems amaze for bitcoin popularity recently I'm personally switch my main investation from gold to bitcoin as I keep invest bitcoin every month because I've faith that bitcoin able reach $ 10.000
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yemiforu
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October 19, 2017, 03:49:23 PM |
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i will really like to know more about the bitcoin gold so that i can invest in it
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siti25
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October 19, 2017, 04:01:05 PM |
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Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
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I do not think any bitcoin will remain a bitcoin and gold will remain gold. Gold will not replace bitcoin and bitcoin will not replace gold because both do have similarities ,, but I think there are more differences between gold and bitcoin. The most obvious difference is that the bitcoin is intangible and if the gold is tangible.
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DotoroLussso
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October 19, 2017, 04:07:58 PM |
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I think bitcoin STILL doesn't have such a role to be better than gold in terms of supporting war
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Vendetta666
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October 19, 2017, 04:09:52 PM |
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Yes the bitcoins are higher in Gold prices. But gold is more and more only when it comes to history and its value to people it is from nature that is hard to dig and make in its form now rings, earrings and jewels. So gold is even more important when it comes to value.
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ibrohim
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October 19, 2017, 04:58:09 PM |
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I think the value of bitcoin is higher than gold. gold is always be a queen in a society and it still exists until now. while bitcoin, I hope bitcoin can survive since it is included in valuable thing for most people. if war happens, gold will be lost, while bitcoin is not since it is digital currency.
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shafi alam
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October 19, 2017, 05:09:40 PM |
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1st of all bitcoin and gold are not similar. People use gold for they show there beauty. And bitcoin is digital currency.
Don't Compare anything by value of money.
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Cryptokobi (OP)
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October 20, 2017, 06:02:56 AM |
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1st of all bitcoin and gold are not similar. People use gold for they show there beauty. And bitcoin is digital currency.
Don't Compare anything by value of money.
I don't agree
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Cryptokobi (OP)
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October 22, 2017, 06:33:14 AM |
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I think bitcoin STILL doesn't have such a role to be better than gold in terms of supporting war
I do!
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Sskapollo7
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October 22, 2017, 06:39:34 AM |
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Ofcourse everyone will run over Bitcoin as gold compared will be difficult to carry as well as Bitcoin carry a greater value than gold
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Islampower
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October 22, 2017, 06:55:42 AM |
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Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Cheers
Sincerely, gold will always remain gold! gold is a refuge and it is indomorable technology will have a limit one day! because we are not immune to a magnetic war! the technlogie will stop one day and the bitcoin all naturelement as the Altcoin will disappear! There is no better than gold and silver as an investment! here !
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dectcoin
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October 22, 2017, 06:58:08 AM |
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yeah.I think the gold price would be keep down and BTC would keep raise, because it's easy to transfer than gold .
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Sketztrophonic
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October 22, 2017, 06:59:47 AM |
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Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Cheers
No bitcoin will not replace gold. Basically you are comparing two different things. We know that bitcoin exist only on the internet. And really exist on this world. Because we can see them literally. Bitcoin is just a number.
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jb26
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October 22, 2017, 10:56:05 AM |
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Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Cheers
Gold is gold, bitcoin is bitcoin. No one can ever replace each other. Both have advantages and disadvantages. In terms of war, maybe gold is better to use. Gold is known everywhere and will be accepted by anyone. But in the case of bitcoin, it depends on the availability of communications in the war zone, because bitcoin depends on the internet.
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Ridwan Fauzi
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October 22, 2017, 11:14:58 AM |
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It's still too early to conclude that bitcoin will replace gold. Because until now there are still many people who do not know bitcoin. Different from gold, from child to adult will know the gold and its value. If the value is at this time according to me personally that the value of gold lost with bitcoin. Do not know the future like what, obviously I hope bitcoin can be known by all circles.
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Cryptokobi (OP)
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October 22, 2017, 04:03:44 PM |
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