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Author Topic: Bitcoin VS. GOLD  (Read 4237 times)
standards
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April 03, 2018, 08:25:05 AM
 #201

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Some analyst  say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.


link for more info: https://payperex.com


If there was a war in my country, I'd buy bitcoin instead of gold.
The reason is simple.
The market cap of gold is much higher than bitcoin's. Bitcoin has more potential to grow.
Bitcoin is much easier to carry along. You can cash out anywhere you want.
RedooX
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April 03, 2018, 08:31:48 AM
 #202

Bitcoin is the future dude. Bitcoin is a decentralized digtal currency that exist on a network of computers. As long as you have a phone and are connected to the internet you can use the bitcoin network by buying bitcoin to use on the network.
Lemayilleur
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April 03, 2018, 08:42:10 AM
 #203

In general, compared with bitcoin, to monitor the price of gold is boring. Of course, if you look at these assets as money, then gold behaves better, but if you like casinos, it's different. Comparing the profitability of different investments, one must look at the basis, that is, the difference between the futures and spot price - this is an analogue of annual interest. The basis can be compared with LIBOR, with shares or with something else.
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April 03, 2018, 08:47:42 AM
 #204

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Some analyst  say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.


link for more info: https://payperex.com


Oooooh, it's a struggle as old as the world. But still I give my vote for gold! This natural resource and its quantity is limited. Although recently scientists have discovered bacteria that synthesize gold!

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Btcmicel
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April 03, 2018, 09:05:55 AM
 #205

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Some analyst  say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.


link for more info: https://payperex.com


Oooooh, it's a struggle as old as the world. But still I give my vote for gold! This natural resource and its quantity is limited. Although recently scientists have discovered bacteria that synthesize gold!

Bitcoin and gold are in same higher value in terms of our market and known worldwide. Many people are investing it, because of the big profits bring us. But gold is everywhere unlike bitcoin that some countries like china banned it. So i'll go for gold.
An0nyMoose
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April 03, 2018, 09:09:58 AM
 #206

Someone has to be pretty dumb if they believe in any thing you typed. Are you seriously that dumb? What makes you believe that bitcoin price is going to $100? Just cause someone said it means you are going to believe it?

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Alex_Zi
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April 03, 2018, 09:12:31 AM
 #207

Bitcoin will not replace the Gold, because it is more expensive and look like antique.

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April 03, 2018, 05:00:19 PM
 #208

After the price of bitcoin exceeded the cost of an ounce of gold, it became obvious that this precious metal had lost its former attractiveness. Today, bitcoin is more than five times more expensive than gold, as the price of ingots varies insignificantly. This trend has not escaped the field of view of investors and speculators.
PauloLuks
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April 03, 2018, 06:25:44 PM
 #209

Many of the same features that make gold so valuable, also make Bitcoin valuable. First, and perhaps most importantly, like gold there is a limited supply of BTC. While governments can continually print up cash and use quantitative easing to add trillions of dollars to the money supply, only 21 million Bitcoins can ever be mined. After that 21 million mark is hit, no more digital coins can ever be produced, though it’s believed that this hard limit won’t be reached until sometime around 2140.
Limited supply is especially valuable because it protects against inflation. While governments have a tendency to print money when they suffer tough economic times, Bitcoin will never face a similar scenario. If money supply does not increase, then generally speaking the risk of inflation is much lower. Gold’s limited supply, for example, has long been one of its most valuable traits and helps explain the metal’s position as a safe haven, and previous the commodity of choice for backing currencies. Bitcoin’s limited supply should make it similarly attractive.
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April 03, 2018, 06:41:11 PM
 #210

Bitcoin because bitcoin is the digital currency and gold is physical.
Gold can stolen by anybody but bitcoin not.
Gold have high making charge and less resale value, no regular income and storage problem.
Crystacool
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April 03, 2018, 06:42:26 PM
 #211

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Some analyst  say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.


link for more info: https://payperex.com


I don't think bitcoin will replace gold. Gold is a heavy metal, and its value is recognized by all countries around the world, and bitcoin is only a digital currency, which is recognized by some people. I think bitcoin and gold are two very different things.
Ayston
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April 03, 2018, 06:44:33 PM
 #212

Whatever you choose between those two income will be income if you know how to manage your money with your investment, if you choose bitcoin over gold because your a good trader then its good because with your actual skill then you may earn bigger than investing on gold and vice versa.
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April 03, 2018, 06:52:21 PM
 #213

Investor Cameron Winklewoss, considered one of the first crypto-currency billionaires, appreciated the prospects of bitcoin.
In his opinion, the Crypto currency will rise in price by at least 20 times and will compete with gold.
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April 03, 2018, 06:53:34 PM
 #214

The bitcoin is more attractive than gold, since the crypto-currency "extracted" with the help of a number of computers performing complex calculations is more mobile than gold and easier to divide.
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April 03, 2018, 07:02:13 PM
 #215

I personally am playing the alts to make some cash and then get out.  Not going to act like btc will ever be more legitamate and as safe as gold.
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April 03, 2018, 08:53:27 PM
 #216

Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Some analyst  say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.


link for more info: https://payperex.com


I don't think bitcoin will replace gold. Gold is a heavy metal, and its value is recognized by all countries around the world, and bitcoin is only a digital currency, which is recognized by some people. I think bitcoin and gold are two very different things.


Give it more time.  I think eventually bitcoin will replace gold.  Gold standard was wonderful system.  But gold is outdated.
This had long been argued and I think bitcoin had left gold behind for a while until the new year dump which would recover after a while. They are no more competitor as asset.

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April 09, 2018, 04:09:58 AM
 #217

While researching and investing in Bitcoin, I think, if you want your savings less volatile then you should choose gold. The value of Bitcoin depends on the dollar. Currently, the US dollar is on the downward trend due to increased paper money production. If you are willing to take the risk to get the most out of your financial resources, choose Bitcoin.
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April 09, 2018, 04:17:21 AM
 #218

for me bitcoin will choose to buy even fast before the bitcoin price depends on the demand if lots of bitcoin buying increases the price of bitcoin and if many people recognize bitcoin or around the world it is sure they will be interested and buy it

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April 09, 2018, 04:24:28 AM
 #219

They're both stores of value and not overly convenient to use for productivity. Bitcoin is not the fastest nor cheapest bitcoin to use for transactions, and gold is not the best material for building - you'd use it for jewellery, circuitry and dentistry but you wouldn't build a house with it. They are both valuable because they're somewhat scarce everyone agrees that they're valuable. Imagine trying to convince someone 2700 years ago that a shiny rock was worth the equivalent of a pig or a bag of rice. You can't eat gold or use it for survival, but it was used as a currency because everyone agreed it held value.

To answer your question, both are stores of value, however I would be buying Bitcoin ahead of gold.
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April 09, 2018, 05:01:17 AM
 #220

During the war, even gold loses its value. At the worst times for a person, the most reliable was always barter, the most common things and products. I doubt that during the war the role of the crypto currency will increase. In any case, during this troubled time, the role of gold will be much higher than the Crypto-currency. If a modern war begins, then the question is whether the Internet and all high technologies will work then. This is all reasoning from the position of a comfortable apartment. In life it will be completely different.
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