Walrus1 (OP)
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January 15, 2018, 10:55:15 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
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Even in the event that an attacker gains more than 50% of the network's
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reversed or double-spent. The network would not be destroyed.
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sirkings0003
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January 15, 2018, 11:02:07 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
This is just true. It is just like someone saying that bitcoin is better than ethereum or ethereum is better than bitcoin. Yes, they are both cryptocurrency but with different and unique qualities. So gold is metal while bitcoin is cryptocurrency
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freakingcat
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January 15, 2018, 11:03:38 AM |
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Each one has its own relevance in real life. It's not about being better. It's like saying that a hot blonde is better than a hot brunette. Which is not true.
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Walrus1 (OP)
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January 15, 2018, 11:44:06 AM |
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Each one has its own relevance in real life. It's not about being better. It's like saying that a hot blonde is better than a hot brunette. Which is not true.
that's it my friend. You said in good terms. I am not saying anything bad about btc, I love it and if anyone knew who satoshi was I think he deserves the Nobel in economics. We just have hundreds of posts here with people saying Bitcoin is better than gold. It makes absolutely no sense. Perhaps btc will settle as a store of value similar to gold although is a world wide legal tender, go to Alaska, you can buy anything with gold, but I do hope btc doesn't remain mainly a store of value I would love to see it used much more as a currency than it is now.
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Anti-Cen
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High fees = low BTC price
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January 15, 2018, 06:18:58 PM |
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Gold has been a store of wealth for 5,000 years and has a finite amount available and bit-coin with it's many clones has an infinite amount of numbers to pick from and sub divide
No comparison to make here between the two and quantum computing will ensure all the Bitcoins not cashed in will become worthless in about ten years time so poor boy Danny Tulip only lived until the age of 19 and that's only going to happen if BTC fees are not reduced back down to $0.50 like yesterday.
Kids today, what are they teaching them apart from how to not say anything in case the left wing nazi's in power points the finger and mutter the words "Hate Speech"
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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yoseph
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January 15, 2018, 06:25:21 PM |
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Gold has been a store of wealth for 5,000 years and has a finite amount available and bit-coin with it's many clones has an infinite amount of numbers to pick from and sub divide
No comparison to make here between the two and quantum computing will ensure all the Bitcoins not cashed in will become worthless in about ten years time so poor boy Danny Tulip only lived until the age of 19 and that's only going to happen if BTC fees are not reduced back down to $0.50 like yesterday.
Kids today, what are they teaching them apart from how to not say anything in case the left wing nazi's in power points the finger and mutter the words "Hate Speech"
There isn’t a finite amount of Gold in the world but rather Bitcoin has the finite quantity. I would want to know how the bitcoin market is going to be like when the last bitcoin is mined. But when OP talks about gold and bitcoin, he should realize that though bitcoin can be used for jewelry and other stuff it’s rather more used an investment.
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scarjoe
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January 15, 2018, 06:28:15 PM |
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Yeah i think we should stop comparing about two different things lets just accept the fact that they're both usefull in this world. And stop being a cancer here in society in bitcoin just be a normal user
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bering
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January 15, 2018, 06:41:51 PM |
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both of them is valuable but gold already exist since thousands of years ago and for me rather than compare them i think have them as my asset would be good for my future investment and gold will never lost the value and gold also will never be lack of interest and bitcoin had through plenty process which makes this digital currency will be so valuable for me even bitcoin have good potential to grow more than now in the future so in my view have both of them as my asset will ensure my investment growing from year to year
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Phoenixpple
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January 15, 2018, 07:00:18 PM |
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This comparison is meaningless. Gold is only a kind of exchange, of course, it is valuable, but it also has shortcomings, not easy to carry and not be easily divided. In addition, the value of gold is slower. But its value fluctuations are relatively stable. The investment in bitcoin is very unstable, and bitcoin can also change our future life and change some of the inherent patterns. This is not what gold can do. The two will not replace each other.
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karamoris
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January 15, 2018, 07:05:10 PM |
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stop comparing about two different things .bitcoin can also change our future life . gold is metal while bitcoin is cryptocurrency
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Bolt Brownie
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January 15, 2018, 07:18:33 PM |
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I'm will not say that diversifying your investments is a bad decision, because it's not, but you can't avoid the comparison between bitcoin and gold. The fact is that bitcoin mimics gold very well, and in fact presents a lot of advantages over that precious metal. It's much more secure, because bitcoin can't be counterfeit. If you receive a bitcoin in your account you know it's real, either you are an expert or not. If you receive gold and you don't know anything about it, you should actually go to a specialist, because it might be fake.
Also, you know the real supply of bitcoin, and you don't really know the total supply of gold. You can also easily spent or store bitcoin, and you can't actually do that with gold, since you don't take gold bars to a store and try to spend them. I know you can't really spent bitcoin very well right now, but it will get there eventually, and you just can't do that with gold, and never will because it's not practical.
The list goes one, and right now, the only thing gold has in it's favor, is that it already well regulated, and people actually trust it, as for bitcoin, there is still a lot of speculation around it, and we can't say for sure that it will achieve all of it's goals, or any at all.
Gold also has many other use cases, and is not just linked to financial markets, but although bitcoin can only be tied to financial use cases, it will be quite good at that, so I can't say that's a disadvantage for bitcoin.
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heringasem
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January 15, 2018, 07:29:10 PM |
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The problem in here, is that most people who say that bitcoin is better than gold do not even know what bitcoin is, or how does it works. So do not take it seriously, because they are just posting to increase their activity, nothing more than that.
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SixOfFive
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July 10, 2018, 01:08:50 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Exactly, I don’t know why people compare these two entirely different things. Gold is a natural thing given to us by nature whereas Bitcoin is a digital currency created by an unknown person. Anyways if you insist on comparing, then yes Bitcoin could compete the gold as in terms of price Bitcoin is much more expensive. But gold is being used as an investment since a long time ago. The amount invested in gold right now is in trillions. Bitcoin does not have such a high adoption rate now.
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HertzCoin
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July 10, 2018, 01:17:51 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Exactly, I don’t know why people compare these two entirely different things. Gold is a natural thing given to us by nature whereas Bitcoin is a digital currency created by an unknown person. Anyways if you insist on comparing, then yes Bitcoin could compete the gold as in terms of price Bitcoin is much more expensive. But gold is being used as an investment since a long time ago. The amount invested in gold right now is in trillions. Bitcoin does not have such a high adoption rate now. I think that difference doesn't derive from the origin only. What makes gold different from bitcoin is that it has multiple fields of (physical) application apart from storing value and it's price has been developed through natural demand, while bitcoin only has users' trust, code and technology.
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BrewMaster
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July 10, 2018, 01:19:55 PM |
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a certain level of comparison will always happen. it has always been with us from day one, so it is not new. people have been on the "parity watch" for a long time. so logically some people would take it so far as talking about "replacing" gold, specially with how the media sometimes refers to bitcoin as "digital gold".
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There is a FOMO brewing...
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linesretweetG
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July 10, 2018, 01:25:12 PM |
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The problem in here, is that most people who say that bitcoin is better than gold do not even know what bitcoin is, or how does it works. So do not take it seriously, because they are just posting to increase their activity, nothing more than that.
well, I'm thinking that and I know how Bitcoin and blockchain works. Imho, BTC is a way better than gold as a long-term investment. But ofc, this is only my idea
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JerryJam
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July 10, 2018, 01:38:16 PM |
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Bitcoin and gold are different things. Each of them has its advantages and disadvantages. But one thing unites them.It's capital.There is risk in both cases. And our task is to protect our funds.As for the long term, I would prefer bitcoin. And for daily purchases I use wages.
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chelle5
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July 10, 2018, 01:48:03 PM |
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Everything has advantages and disadvantages, why we always compare one thing to another. We always think which is better or the best.
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monkeydominicorobin
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July 10, 2018, 02:10:08 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Gold bullion is still illegal to hold. I know for sure that you don't know anything about Gold. It will be confiscated by the government and you can't stop them from taking your gold since it is illegal to hold. All of the Chinatowns in the world are serving as black marketplace for Gold since it is illegal to trade person to person. Only Gold Bullion Certificates can be sold. It is not Gold. They are just certificates. Bitcoin will replace your gold. Gold is not being sold like pancakes. But you can send and receive Bitcoins any time of the day.
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necessary
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July 12, 2018, 09:29:35 AM |
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This is true because both are money but with different quality and form.
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Heavens Gate
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July 12, 2018, 09:32:17 AM |
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I am absolutely sure some folks do not understand what they talk while commenting. It is absolutely important that we stop comparing these metals with btc. The day will come when men will understand that comparing the real and the virtual don't make sense,
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maman09
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July 12, 2018, 09:39:57 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I think you are too naive to compare it, for us especially people who have been involved in this industry for a long time do not mind this debate. in context, we are currently looking for profits on crypto and bitcoin. so this discussion is irrelevant for now.
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teterinal
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July 12, 2018, 10:23:41 AM |
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yes this is true. Btc should not be associated with gold as it is a completely different thing. Both are valuable for everyone so we should not say one will replace the other.
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LodisMcguire
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July 12, 2018, 10:28:50 AM |
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Yeah of course,don't compare the different entities against each other.People like saying bitcoin better than gold because they see it from the profit perspective.Bitcoin can make them gain big profit because it volatility,while gold not,because gold have low volatility.
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Driggers95
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July 12, 2018, 10:34:57 AM |
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Basically, gold and Bitcoin are the same, and all share the same purpose is a long-term investment. Bitcoin is still too new and still has a lot of risk and Bitcoin will disappear if the blockchain technology breaks down.
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Morvarid89
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July 15, 2018, 02:48:10 AM |
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I like it and if anyone knows satoshi is who I think he deserves the Nobel Prize in economics. It makes no sense, go to Alaska, you can buy anything with gold. Gold has been a shop of wealth for 5,000 years and has a finite number of available and bit-pennies with it many clones with infinite number of numbers to choose from and subdivision
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nazarovv
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July 25, 2018, 11:07:06 AM |
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Yeah i agree. There should be no comparison between these two.They are from completely different categories and should not be correlated with each other. it would be better to compare bitcoin to ethereum and other coins.
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Ozero
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August 03, 2018, 05:04:48 AM |
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Quite right. Gold and Crypto-currency, these are completely different disparate things. They are beginning to be compared to each other, apparently to show the value of bitcoin. It is pointless. The value of bitcoin can drop to zero in one day. Gold remains a value for thousands of years and so far it will be the same value further.
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Ayaah
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August 03, 2018, 05:13:06 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Yes, I will agree to you my friend bitcoin and gold is different in characteristics, so it's not comparable. Bitcoin and Gold has a different in task interms of investment.
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Anish02
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August 03, 2018, 05:16:07 AM |
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Gold and bitcoin these are two different things. How can we compare them? Both the things are valuable. Most of the people have always argued with this topic by saying bitcoin is far better than gold without understanding the value of both the things. for the comparison, it's completely different things.
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KeijiN
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August 03, 2018, 08:01:10 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Yes I am supporting your thoughts that bitcoin cannot be better or worse than gold because it is completely different it is the same that we are trying to compare ethereum and bitcoin forgetting that they are completely different and used for a different purposes.
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etnichalx837
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August 12, 2018, 05:50:38 AM |
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Bitcoin not comparable to gold for it is from the nature that's why everything is unique and may not to compare to anything. What I've knew is that gold is from nature. So lets stop comparing thing from nature resources.
Bitcoin was created recently, while gold as a commodity has been around for thousands of years. So, it is impossible for bitcoin to replace gold, but complement each other as investment. Having gold is everyone's desire because it is synonymous with jewelry, its shape is real and there is artistic value. Bitcoin has no form, even anonymous ownership. Therefore bitcoin is irrelevant compared to gold, but "value" can be appreciated.
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Jedabucol
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August 12, 2018, 06:31:05 AM |
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I think have them as my asset would be good for my future investment and gold will never lost the value and gold also will never be lack of interest and bitcoin had through plenty process which makes this digital currency will be so valuable for me even bitcoin have good potential to grow more than now in the future so in my view have both of them as my asset will ensure my investment growing from year to year. This comparison is meaningless. Gold is only a kind of exchange, of course, it is valuable, but it also has shortcomings, not easy to carry and not be easily divided. The investment in bitcoin is very unstable, and bitcoin can also change our future life and change some of the inherent patterns.
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Bitcoinislife09
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August 12, 2018, 06:39:00 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I agree. People should not think too much about bitcoin dominating the economy. Bitcoin cannot replace fiat currency and so most of all the metals with value. People should simply hope for bitcoins acknowledgement worlwide. Its acceptance by the government and be part of the economy transactions. Be an another means of transacting and in circulating in economy. Serving as another means to earn and invest for people. Lets not make bitcoin too greedy.
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TechnoX_X
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August 12, 2018, 06:42:01 AM |
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Of course gold and bitcoin are very different, Bitcoin will never replace gold. The function of bitcoin is not the same as gold. The function of bitcoin is to become an alternative payment tool, almost the same as FIAT money. Whereas gold cannot be a payment instrument but can be invested.
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nikki4
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August 12, 2018, 06:48:48 AM |
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Well, when the Bitcoin is really in a good shape in the market where its peak is going to moon, the people are really keep on talking that Bitcoin is better than gold. And now that the downfall of the Bitcoin is keep on its dip, people now thinks that it is the opposite. Meaning that they now think that gold is still better to Bitcoin. But for me, both are better if I have some of those two.
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sormin
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August 12, 2018, 06:56:12 AM |
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You're right, friend! They are very different, As we know gold is not bitcoin, and bitcoin will never replace gold at any time. They indeed have the same high price value. But that does not mean they can have the same function and purpose for people.
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maxreish
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August 12, 2018, 06:58:29 AM Last edit: August 13, 2018, 01:46:16 PM by maxreish |
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First of all, comparing bitcoin as cryptocurrency with gold is futile and pointless. Gold has an appearance, with visibility, the longer it stayed, the more it increases it's value. It is unusual to compare it in bitcoin. Bitcoin is a cryptocurrency with it's blockchain, it is volatile and the price is unstable. Most of them who compared the two, do not really apprehend the essence of investments.
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akashark
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August 12, 2018, 07:12:59 AM |
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Me too, don't like to see people keeps comparing bitcoin with the gold. At least gold is not a volatile thing, it is a metal and expensive too. Bitcoin is a digital currency, it's valued very higher than the gold mathematically, but people keep it with satisfaction. No worries about price increasing and decreasing. But bitcoin, in 365 days, bitcoin price stay downs almost more than 270 Days. So, i agree with no more talk of Bitcoin better than gold.
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billionaireSHS
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August 12, 2018, 10:57:00 AM |
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I agree with you sir, because there is no sense in comparing bitcoin and gold. All we need to do is to appreciate bitcoin and spread the knowledge that you have about it. Stop comparing the value of bitcoin to the value of gold because you are wasting your time !
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wallstone
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August 12, 2018, 11:14:37 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I agree with you since they have different value. They are totally different from each other thats why I dont think that the comparison between the two of them is right.
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ParveZ219
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August 12, 2018, 12:43:04 PM |
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Actually there's no comparison of bitcoin with gold ..Cause gold is not any currency where bitcoin is and its the main difference between gold and bitcoins...The comparison between them are just imagination and not reality...But those were just to make us know again that gold can be traded etc etc and mainly for earning.
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Sanjida
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August 12, 2018, 01:16:07 PM |
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I agree with you bitcoin & gold are very different.i think bitcoin is a digital currency & gold is only a kind of exchange.so my friend bitcoin & gold is various landmark it's not comparable.it's two are very different in task interms of investment.
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GreenInformation547
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August 12, 2018, 05:09:32 PM |
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Ya it is right that bitcoin and gold is really two different things but bitcoin compared with gold only because the value of both of them never fall.
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ethicalbtc
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August 12, 2018, 05:14:45 PM |
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Gold is a different genre to bitcoin and cannot be compared easily with the same purpose. Although crytocurrency have similarities on its use like it can be a future asset in which it can grow its value.
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pabpete
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August 12, 2018, 06:03:04 PM |
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Actually there's no comparison of bitcoin with gold ..Cause gold is not any currency where bitcoin is and its the main difference between gold and bitcoins...The comparison between them are just imagination and not reality...But those were just to make us know again that gold can be traded etc etc and mainly for earning.
For me it is just comparing something material that could be touch and that could be store in house than something which we could buy and hodl in our virtual wallet, some people are just scared too much for their money.
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SecureCryptoPayments
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August 12, 2018, 06:48:32 PM |
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the currency in my country is not supported by gold for a long time. Although how long-term investment is used. Gold steadily increases in value. Unfortunately the crypto currency for us so far as life on Mars. We know something, but we can not completely use it
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senin
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August 12, 2018, 06:48:54 PM |
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Bitcoin can not be better than gold, if only because bitcoin and gold are not comparable. Zolloto will always be gold. This metal has always had a good value at all times. Unlike other money, gold has never depreciated and was relatively stable in price. If to compare with gold, bitcoin has the absolute opposite.
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mostpatientpp
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September 13, 2018, 10:26:44 AM |
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It is no use comparing the 2 things. Both bitcoin and gold has it own benefit and use
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clonely
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September 13, 2018, 10:33:51 AM |
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Bitcoin should be evaluated within itself. Same in gold. They're not even the same thing. Gold is very different, before anything else physical!
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PhuongVo2702
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September 13, 2018, 10:38:13 AM |
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I just say Bitcoin better than gold but just on the internet Bitcoin willl have a good future and I hope it will be a Gold 2.0 on the Internet when CryptoCurrency are used widely
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BTCdoaA
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September 13, 2018, 10:54:01 AM |
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I agree with you sir, because there is no sense in comparing bitcoin and gold. All we need to do is to appreciate bitcoin and spread the knowledge that you have about it. Stop comparing the value of bitcoin to the value of gold because you are wasting your time !
I disagree with both of you , Gold is valued asset accepted by people all around the world the same with bitcoin is being accepted by huge community so far . the only different is gold can be used by women to increase their beauty while bitcoin is better to use for online payment . The real competition will be clearly seen after 100 years from now .
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taiwww
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September 13, 2018, 11:24:27 AM |
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The guy makes sense because really there is no point calling bitcoin as gold and even some of them keep calling it as digital gold. I dont really understand the equivalence of the same because bitcoin is far better and costlier than the real gold. Plus its comparison is vain because of its versatile character and use. Bitcoin is completely virtual stuff with backing of programmed codes working on smart contracts and the blockchain as its basis. So think about it twice and tell me where there is a point that makes us compare it with the gold. Off course it is valuable and more than gold.
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virendarnagpal
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September 13, 2018, 11:50:47 AM |
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Bitcoin and Gold are two different things. Creation of bitcoin was purely for the purpose lof alternate p2p unregulated currency without barriers. Though Bitcoin has lost it's basic character of currency because of users' greed. It has become investment rather. But Gold has been safe investment since thousands of years. In addition to it Gold is also used as jewellery and medicine too. So Gold has been used for different purposes. I think both are equally important at their own place. So which one is better can not be determined. Because on one point Gold may be better but on other point of use Bitcoin may prove to be best.
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charles28
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September 13, 2018, 12:03:42 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
yes please stop comparing gold and Bitcoin. Every person has its own opinion so please stop this. As these are two separate things and you can't compare them.
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dupee419
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September 13, 2018, 01:07:24 PM |
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I honestly don't know that this debate would ever end, I mean it is the community's opinion, and if that certain opinion provokes or triggers someone then that I think will be the cause, and the Community is wide, and therefore I think that BTC and Gold will be a long time feud, I just think that it is utterly non-related to each other besides being considered as MONEY.
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prabowo499
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September 13, 2018, 03:35:29 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
my opinion, your statement is the wrong one. Because gold is a precious metal that cannot be renewed making rare objects, when all gold mining diggers no longer find a point where there is a lump of gold. So changing the price of gold that could have been bought by ordinary people became very expensive in the next 50 years. And only the rich can invest there. While Bitcoin is a digital coin that circulates anywhere and cannot be patented by any country, so prices are regulated by exchanges related to BTC (Bitcoin). And no need to be afraid to run out of supply and not damage nature quickly. All groups of people can have it without fear of being stolen because they have a wallet that uses a high level algorithm security system. The price also follows market movements. And it will not disappear or disappear if there is still an internet connection network on earth.
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prabowo499
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September 13, 2018, 03:42:00 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
yes please stop comparing gold and Bitcoin. Every person has its own opinion so please stop this. As these are two separate things and you can't compare them. The word who cannot be compared is mined, there is a worker, there is a tool, there is a history, but there is something that distinguishes it very real that Gold is real form and physical, if Bitcoin is not real form and physical. If it is possible to compare it, it might depend on where you look at the aspect
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Vimukkthi Vithanage
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September 13, 2018, 04:26:14 PM |
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Yes, 100% agree with what you saying . Bitcoin is not to replace anything gold , or USD.. bitcoin is bitcoin and it has a different agenda
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OzhogCoin
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October 01, 2018, 12:52:23 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Everyone has their own opinion. Maybe someone really believes in bitcoin rather than gold and this is his personal right. If you have both bitcoin and gold, you will in any case remain in the advantage, this is correct!
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budiarmed
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October 01, 2018, 02:18:14 PM |
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I think in terms of value there are similarities, gold is worth as much as good as bitcoin. But I think we don't need to compare the two because gold and bitcoin are different, and both have advantages and disadvantages, and everyone will have their own understanding.
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Lyd
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October 01, 2018, 02:23:30 PM |
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Bitcoin and gold are two separate things. Gold is good and it is stable. Unfortunately bitcoin is not as stable as gold but I think it has a bigger potential than gold.
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btc_angela
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October 01, 2018, 02:45:30 PM |
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Bitcoin and gold are two separate things. Gold is good and it is stable. Unfortunately bitcoin is not as stable as gold but I think it has a bigger potential than gold.
Obviously they're difficult. The only thing that they have similarities is the way people treat them today, as a form of investments. Both can be good for long term hold. Perhaps people compare them because of their deflationary effect. So I would say that let's take advantage and if you can afford both of them as investment then why not?
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PDNade
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October 02, 2018, 05:36:10 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I think its true, In terms of cryptocurrency Gold is the best example to become a bitcoin.Because bitcoin and Gold has a comparison and has a same value in the near future.I dont think that comparing Gold to BTC is a big deal to us.It is only the way to easily explain for those people who not know how much bitcoin value is.
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rindayle
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October 13, 2018, 05:38:52 PM |
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I think to compare at the moment bitcoin and gold, it is incorrect. Gold has been on the market for a very long time, it is stability in the market, which has its price and is growing gradually. Bitcoin is not backed by a coin that is not legalized, they are very different.
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Pump N Dead
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October 15, 2018, 05:48:58 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Gold is already been here since centuries. It will not go away. If you think Bitcoin can replace gold, you are wrong. Gold is God's money while Bitcoin is an Internet money. If fiat currency didn't replace gold, Bitcoin cannot replace it too.
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alex_gr_cc
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October 15, 2018, 06:19:37 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I think that the next financial crisis will show whether bitcoin can be compared with gold. This must be decided by investors. Judging by the fact that even venture funds invest in blockchain projects, it is quite possible that classical investors will invest in bitcoin.
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player514
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October 15, 2018, 06:34:46 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I agree that it's a silly comparison to make, but I think it's just the method that people use for comparisons because it makes sense to the average Joe. Without comparisons, it's very hard to get someone to understand what makes Bitcoin a good investment opportunity. Gold is a good way to explain Bitcoin to someone who won't understand the in depth nature of it. Why do you think news coverage called and continues to call Bitcoin "Digital Gold?" It all has to do with how easily they can catch the viewer's attention. They are different things though, but it's just the nature of media coverage.
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This area is up for grabs! PM me if you're interested.
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suryanirwana16
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October 15, 2018, 06:48:36 PM |
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I agree with you sir, because there is no sense in comparing bitcoin and gold. All we need to do is to appreciate bitcoin and spread the knowledge that you have about it. Stop comparing the value of bitcoin to the value of gold because you are wasting your time !
Bitcoin not comparable to gold for it is from the nature that's why everything is unique and may not to compare to anything. What I've knew is that gold is from nature. So lets stop comparing thing from nature resources. It is wrong to equate perception with natural resources, bitcoin is created by someone, but the limited number is a unique algorithm and cannot be reset. the potential value of bitcoin and gold is actually the same, only creation and different media. But there is an important basis why bitcoin cannot be the same because btc is made as a currency and commodity asset at once, while gold is arranged as a commodity asset only and the currency barter function has been replaced by fiat.
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jerrison
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October 15, 2018, 07:46:07 PM |
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lets do an analysis and comparison between the bitcoin and the gold for a clearer understanding of why people always see and talk of bitcoin as way better than gold. ever since gold became an asset that is generally traded, what is the percent of increase in the gold value over that period of time compared to the value of increase in the bitcoin since its invention. that is enough reason talk better of gold than bitcoin.
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kauban2018
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October 17, 2018, 02:02:36 PM |
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I agree with you sir, because there is no sense in comparing bitcoin and gold. All we need to do is to appreciate bitcoin and spread the knowledge that you have about it. Stop comparing the value of bitcoin to the value of gold because you are wasting your time !
Bitcoin not comparable to gold for it is from the nature that's why everything is unique and may not to compare to anything. What I've knew is that gold is from nature. So lets stop comparing thing from nature resources.
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tiktak89
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October 17, 2018, 04:03:10 PM |
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I also believe that it makes no sense to compare bitcoin and gold. Yes, these are two types of investments, but their similarity ends here. This is a completely different investments, in a completely different format.
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Pyr3x
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October 17, 2018, 04:30:53 PM |
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I think that bitcoin is compared with gold only because the cryptocurrency has replaced this metal as the best investment to date. But I agree that there is no need to compare them - each of them has its pros and cons, and everyone will choose their own - metal or cryptocurrency.
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alonelyorange
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October 17, 2018, 04:42:42 PM |
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I never agree when any one talk about more better gold for investment than bitcoin, I know bitcoin is the only one more profitable of investment kind where we don not have pay fee for investment fee and increase money by fast time.
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Udrujec
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October 17, 2018, 04:53:46 PM |
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I do not compare bitcoin and gold and do not even call cryptocurrency digital gold. I see a huge difference in them, and I prefer modern technology in the form of bitcoin to outdated metal.
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rosemary4u
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October 17, 2018, 05:08:03 PM |
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Those who are of the view that bitcoin will replace gold, see bitcoin as an asset which can easily be sold in times of need to gain money. But I believe bitcoin's value is greater than that assertion. Bitcoin is the biggest digital currency in the world and just an asset.
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Friskaadew
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October 17, 2018, 05:27:36 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
yes, I also feel that, there are some people who are very enthusiastic about BTC and think that BTC can replace fiat money and everything, even though in my opinion it is wrong because actually BTC also has limitations and I think BTTC is already in the most comfortable place for tools digital payments, so let real-world finance still use fiat and real investment also uses gold, I hope people start to understand that not all elements of the economy in the world can be replaced by btc and banks replaced by blockchain. because they are already in their place. where it should be
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bitcoinVPSD
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October 17, 2018, 05:46:18 PM |
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Bitcoin is not the end all, investors compare bitcoin just to express its great value. bitcoin will not be able to remove precious metals in the world, this is a false view. Depending on the views of many people they can judge on it. But we can not stop this comparison.
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BCTalkaccountforsale
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October 17, 2018, 07:17:25 PM |
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Yes, I agree with your point. Everyone should stop gold savers with BTC or Fiat because of the nature of each different. Simple BTC is a digital coin developed on the basis of blockchain technology. So the application is another for the future.
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usekevin
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October 17, 2018, 07:34:42 PM |
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Both are different.Bitcoin had a cabable of acting as cryptocurrency investment and acted as asset.But gold will be used mostly as an asset.Only in few countries, gold is acted as asset.Many people who had brought at the price of 17,000$ are forced to sell at low price.If they want money now.So as like other cryptocurrency, bitcoin price is also fluctuates now.
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ranman09
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October 17, 2018, 07:35:07 PM |
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They both are measured based on their market value and of course fiat. So I think in most cases there will certainly be a comparison to both of them. Thru how easy they can hoard it to how much profit they had from it.
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Rozita
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October 17, 2018, 08:17:52 PM |
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Bitcoin is not supposed to replace gold. Gold as a store of value will remain valuable forever and bitcoin can be valuable too. Bitcoin and gold are not competing with each other. Gold is an old thing which all the people trust it. Also, bitcoin will be always valuable given the technology and its limited supply.
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kenel
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October 20, 2018, 01:07:26 PM |
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perhaps you are right, but only for a certain time more suitable new inventions than the old ones. nobody ever said that a horse is worse, but at the moment the best way to travel in comfortable conditions for it
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Tetutu
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November 06, 2018, 12:19:51 PM |
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Yes, I agree with your point. Everyone should stop gold savers with BTC or Fiat because of the nature of each different. Simple BTC is a digital coin developed on the basis of blockchain technology. So the application is another for the future.
Comparing bitcoin to gold is certainly not right, because gold has been known since ancient Egypt, while bitcoin is only 10 years old. Gold is an item that people are looking for because it is physical, while bitcoin is not physical because it is digital. So it can be concluded, gold is still better than bitcoin and is safer because the price changes are not as drastic as bitcoin.
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buyinbtc
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November 06, 2018, 12:32:08 PM |
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Yes, I agree with your point. Everyone should stop gold savers with BTC or Fiat because of the nature of each different. Simple BTC is a digital coin developed on the basis of blockchain technology. So the application is another for the future.
Comparing bitcoin to gold is certainly not right, because gold has been known since ancient Egypt, while bitcoin is only 10 years old. Gold is an item that people are looking for because it is physical, while bitcoin is not physical because it is digital. So it can be concluded, gold is still better than bitcoin and is safer because the price changes are not as drastic as bitcoin. You can compare gold to bitcoin because both can be used as a currency. The fact that bitcoin is much younger than gold doesn't make any difference as for example horses were around for thousands of years, but cars replaced them even though cars were around for just a few hundred years. Volatility doesn't make bitcoin unsafe as well, as long as there's no security breaches in bitcoin it is a safe currency. If you value your wealth in bitcoin and not in some shitty fiat, then you definitely don't care about volatility that much.
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Louis Jackson
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November 06, 2018, 01:28:55 PM |
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Gold can be used in many fields such as electronics and jewelry. The value of gold is real, so gold becomes a valuable asset. Bitcoin is of real value, but Bitcoin's price is too high. real. Bitcoin is used as a payment solution with the ability to perform 7 transactions per second and transaction costs are quite high
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Brigalabdis
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November 06, 2018, 02:38:39 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Basically we all have different perspective, sometimes we compare other things because the thing is they never meet or exceed our own expectations, as you can see specifically is that the gold is better etc, and when btc explode , btc is better or vice versa. But on the other hand you are right because what is the main , like why we tend to compare others , instead of comparing how about , just throw a positive vibe , like i know sooner or later both btc and gold will be better something like that though. And also it's for my perspective only, and i drop a link so that, you know it can expand to those readers that are getting baffled. : https://cointelegraph.com/news/big-differences-between-gold-and-bitcoin-according-to-world-gold-counci
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carlisle1
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November 06, 2018, 03:01:55 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Nothing is replacing anything here in the world,not fiat,not gold or not even the system because bitcoin and all the cryptocurrencies are here not to make problem or competitions but to help everything in transacting and payments.this is the motive of satoshi when he created the blockchain and the bitcoin.so lets stop this bullshit nonsense talking and move on,make this a better place again like what it used in the past
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hoddddler
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November 06, 2018, 03:56:50 PM |
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I don't think it will replace gold.. it will first replace fiat. Also, you can't make a nice necklace or a ring out of Bitcoin
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nebuch
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November 06, 2018, 04:09:58 PM |
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Even your motive were right still you cannot deny the fact that everyone have the freedom to express what they think right opinion according to what they grasp from the past or even in the present. Although you were right by saying that gold and bitcoin are different from each other but still you cannot stop the people all over the world about what you've concern.
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Marial Carter
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November 06, 2018, 04:20:04 PM |
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Gold is a true physical property that you can see with your own eyes or satisfy the weight of a gold bar in your hand. When you own gold, gold is still gold. You also do not have to depend on the Internet. Another difference of the gold is that it has been used as a place to store value for thousands of years. A gold coin is still in your pocket whatever happens. Meanwhile, bitcoin is nothing but a line of code that exists anywhere on the Internet. You can not handle it, you can not cast the bitcoin into your pocket. If you lose the code, you will lose bitcoin
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samsul1234
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November 06, 2018, 04:28:49 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
lol, I agree with you that bitcoin will never replace gold, bitcoin is just an exchange currency and not an asset, bitcoin is the value of an example of people there
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rishad quraishi
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November 06, 2018, 05:14:33 PM |
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I agree totally. Both gold and bitcoin has their own value and prescriptive. None can be replaced by either of them. Gold is an ancient asset till today and has a great interest and value which never gets reduced. But in case of bitcoin, it's a new thing and have a great current interest and value but can't tell about future. But future of gold I can tell is, it was always gold and will be gold like today. Actually for today they both are gold with a high value which makes them assets until bitcoins bitter of sweeter future comes. You never know what comes in the future.
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TentallyMooN
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November 06, 2018, 05:23:00 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Maybe you are right. It is not necessary to focus all your attention on Bitcoin alone, there are many other interesting things. But still, in our time, when Bitcoin is just beginning to gain momentum, I think we should pay close attention to it.
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TentallyMooN
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November 06, 2018, 05:24:22 PM |
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I agree totally. Both gold and bitcoin has their own value and prescriptive. None can be replaced by either of them. Gold is an ancient asset till today and has a great interest and value which never gets reduced. But in case of bitcoin, it's a new thing and have a great current interest and value but can't tell about future. But future of gold I can tell is, it was always gold and will be gold like today. Actually for today they both are gold with a high value which makes them assets until bitcoins bitter of sweeter future comes. You never know what comes in the future.
Therefore, the most ideal option is to own both gold and bitcoin. So as not to be mistaken with the choice
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pat4cryptoreal
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November 06, 2018, 06:51:04 PM |
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Gold can be compare to bitcoin in some area, both bitcoin and gold can be use as a store of value and their price appreciate over time, but they possess different mode transaction and speed i.e bitcoin can easily be transfer to someone in any part of the world within few seconds but gold will take time before it gets to the second party.
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strideynet
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November 06, 2018, 08:29:56 PM |
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in our time, I believe that due to mobility and ease of use, because it allows you to use it without losing the properties of gold
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Udrujec
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November 06, 2018, 08:53:14 PM |
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I think you are right and there is no need to compare these two radically different investments. In addition, you can invest in gold and bitcoin. Both of these options are quite profitable.
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tiktak89
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November 06, 2018, 09:20:15 PM |
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Both gold and bitcoin have a number of advantages. Fortunately, you don't have to choose one. Or study both of these types of investments and decide what is for you is a great benefit. I for example, choose bitcoin. With it, you can earn faster.
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Pyr3x
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November 06, 2018, 09:38:32 PM |
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Gold has one big plus - it is material and time-tested. This gives it a major advantage over bitcoins. As for the rest, investing in cryptocurrency seems to me much more promising. Therefore, the bulk of my money is concentrated in it.
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yanglei504
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November 06, 2018, 10:36:20 PM |
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Yes bitcoin is better than gold for the bitcoin history last year they have much more percentage profit for the whole year but in gold it is almost 5% or more profit. So i think bitcoin will be pump for this year and next year so that bitcoin is better than gold.
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Al-e_x
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November 06, 2018, 10:42:18 PM |
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yes, bitcoin will not replace gold, but bitcoin will replace fiat in the future, gold and bitcoin will have very high value in the future, but gold is only for saving assets, and bitcoin for trading and for saving assets.
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hadveach
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November 06, 2018, 11:37:05 PM |
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in reality, bitcoin has better growth than gold for now, gold has a stable value, and is able to survive in every year.
even the benefits of bitcoin are more than gold, but we also always make gold a place to store our assets.
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kickdapa
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November 06, 2018, 11:40:49 PM Last edit: November 07, 2018, 12:04:19 AM by kickdapa |
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You are absolutely right, mate. People are making comparisons again and again. They compare bitcoin with banks, PayPal, Payoneer, and even gold. But do you really need these comparisons? We need all of them, bitcoin can't do everything alone. We need banks, golds, and bitcoin together, not only BTC! This should really stop!
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kucritt
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November 07, 2018, 12:27:39 AM |
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YES i agree with you, dont compare bitcoin and real gold, because its totally different and i think we need to know that bitcoin and gold is the different object, so if we want to compare bitcoin, you should compare with the same digital currency
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ansarose1
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November 07, 2018, 01:07:05 AM |
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Definitely true! eventhough bitcoin has a good value, gold is much better than bitcoin. Gold is so very precious since ancient times, bitcoin just rises its value due to people makes it so populat and valuable used for investment, but gold is more rigid and good investment than bitcoin.
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t3ChNo
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November 07, 2018, 01:16:01 AM |
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Both gold and bitcoin are different and can't be compared directly. In terms of value, both have and moves differently.
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Barbarian
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November 07, 2018, 04:25:33 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I agree that those that say that bitcoin is going to replace gold or almost all stuff of value are exaggerating and they can be very annoying but comparing gold and bitcoin seems completely natural to me, there was a time in which holding gold for people of the US was illegal and I think we are going to see those days come back again and it is likely bitcoin will be banned for the very same reasons.
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kamBlanV
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November 07, 2018, 04:41:14 AM |
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Both gold and bitcoin are different and can't be compared directly. In terms of value, both have and moves differently.
and both are better than fiat, we never know, whether bitcoin will create temporary intrinsic value or forever like gold. and the conclusion today is that bitcoin and gold are the best investment places. many investors are bored with the global economy which has slow fluctuations and is easily influenced by geopolitical factors, inflation, and deflation.
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KrishaBitcoin
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November 07, 2018, 11:53:31 AM |
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For now, critics of Gold should really stop comparing Bitcoin to Gold as Bitcoin market is still in difficult right now in which still there is no sign of a healthy market, unlike Gold in which the demand keeps on increasing while keeping the momentum of the price value. Maybe the critics should wait for the bullish market will start so that they could compare it again equally.
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btc78
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November 07, 2018, 12:06:41 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Bitcoin is not better than gold.not even in fiat because bitcoin is different from others because what this can offer is only over internet or virtual,while those othrs can provide physical and ca be virtual also.and why needed to compare this all when what is important is the benefits this can offer to us and the future of technology behind every currency in crypto
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Al Wahhaab
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November 07, 2018, 12:16:00 PM |
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for now I lock my mouth against bitcoin
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Omparkash72
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November 07, 2018, 12:33:50 PM |
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I think both have different , you cannot compare bitcoin and gold together. both are concern with market but have different nature of investment. For a better future gain bitcoin is far far better than gold and you will see that we will use bitcoin as a currency because this is the advance version of paper currency one day this will replace paper currency . so you are right donot talk more about this.
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eann014
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November 07, 2018, 01:22:54 PM |
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I agree because Gold and bitcoin are far different from each other so I agree that stop comparing bitcoin to Gold because they have both good use with us. Gold can also be used as accessories of a person, while bitcoin is just a digital coin, so they are really far different from each other.
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quochung
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November 07, 2018, 02:45:38 PM |
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I don't think so. Bitcoin and gold are different in price and nature. Bitcoins can not replace gold and gold also can not replace Bitcoin. Bitcoin is a treasure of human.
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Gary Levanevskii
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November 07, 2018, 09:12:51 PM |
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I think that gold has lost much in popularity and this has led to the fact that gold can never exceed the price of 2000 dollars. I think that investing in gold is not very promising.
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ICOTechSupport
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November 08, 2018, 01:27:09 AM |
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I agree with you sir, because there is no sense in comparing bitcoin and gold. All we need to do is to appreciate bitcoin and spread the knowledge that you have about it. Stop comparing the value of bitcoin to the value of gold because you are wasting your time !
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aryatrals
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November 08, 2018, 03:28:57 AM |
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Each one has its own relevance in real life. It's not about being better. It's like saying that a hot blonde is better than a hot brunette. Which is not true.
each has different specifications, gold may be more familiar to most people of the world but gold cannot be used to make payments in business, things that are very different from bitcoin, indeed some people in the world still don't know much about bitcoin, but there are some advantages of bitcoin that are not owned by gold, one example of bitcoin can be used as an asset but can also be used as a means of payment can also be traded and still various kinds of advantages, so it all depends on how we determine each attitude.
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OnceTwiceThird
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November 08, 2018, 04:33:16 AM |
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Why not we have stop talking bitcoin is better than gold, look how much profit you can take by holding gold for one month and try for holding or invest your money at bitcoin, you can see more profitable holding or invest at bitcoin than gold.
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Harvey-Connan
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November 08, 2018, 09:13:06 AM |
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That is exactly what i want to talk about, I don't think that we should compare bitcoin and gold. Gold is a physical commodity and bitcoin is purely electronic. They are different so please do not compare.
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Desscount
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November 08, 2018, 09:19:59 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
You can't stop people from comparing bitcoins with anything, dude especially for gold, I agree that these are two different intensities and not relevant to be a comparison.
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logisticalmother
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November 08, 2018, 10:22:20 AM |
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some countries only consider bitcoin as a commodity and it is very natural if they compare bitcoin with gold, but in that entity it is different and bitcoin is more appropriate if it is included in stock assets, namely currency / forex. whatever the comparison is very clear that bitcoin has its own world and if it is regulated officially they will be connected to a comparison with fiat.
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nambunamba
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November 08, 2018, 10:26:34 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Yes i do consider bitcoin and gold are a different investments and bitcoin is a bitcoin no matter what you see it, stop compering them and believe in bitcoin if you think its good is a good think to do.
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﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏ ☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆ ≈ WORLD POWER PRODUCTION ≈ █ █ █
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shafi alam
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November 08, 2018, 12:17:32 PM |
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This things are totally different subjects, but People try to compare with one another. Bitcoin is bitcoin and gold is gold.
If you have to compare with bitcoin with something then compare with some relevant thing like Ethereum vs bitcoin.
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shafi alam
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November 08, 2018, 12:19:54 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
You can't stop people from comparing bitcoins with anything, dude especially for gold, I agree that these are two different intensities and not relevant to be a comparison. I think those people have no sense about crypto, by this people get ruined this market.
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Crafts12
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November 08, 2018, 01:54:47 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I agree! People should really stop saying that bitcoin is better than gold for a reason that first of all bitcoin does not created to replace the gold. It was made to help people with their financial needs and status. Bitcoin and gold is a two different thing and each of them have their own value and purpose for every individuals. No one is great or better between them so stop the stigma of comparing the two.
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Bunsomjelican
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November 08, 2018, 11:29:51 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
All individuals here are free to express what they want to give an opinion. Now, comparing things into other things perhaps is unavoidable and cannot be change too. Though, Gold was already ancient actually, its been a thousand of years being used by the people while Bitcoin is only close for a decade but in just a matter of short period its surpassed the value of Gold.
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ufalo3
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November 09, 2018, 03:01:40 AM |
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Both gold and bitcoin have a number of advantages. Fortunately, you don't have to choose one. Or study both of these types of investments and decide what is for you is a great benefit. I for example, choose bitcoin. With it, you can earn faster.
You cannot compare gold and cryptocurrency. The precious metal is something material. You can touch it, wear it or place on the shelf but in most cases, it will not bring you the profit. The crypto is virtual money but it can let you earn.
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BAGOBO
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November 09, 2018, 07:15:19 AM |
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Why not we have stop talking bitcoin is better than gold, look how much profit you can take by holding gold for one month and try for holding or invest your money at bitcoin, you can see more profitable holding or invest at bitcoin than gold.
My experience in investing in gold and bitcoin is that gold is superior in security and the selling value is stable while the bitcoin security system is less guarantee and the value can change every time. so everyone can provide benefits depending on how to manage investment places. if managed properly and thoroughly I am sure you will succeed. I personally prefer investment in Bitcoin.
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Market-desi
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November 09, 2018, 07:24:07 AM |
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but now there are many people in my place who prefer to invest in gold, bro. Their reasoning is that the price of bitcoin is now falling sharply. and there are no signs to immediately rise again. towards the highest price that Bitcoin has ever achieved before ..
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🏦 PointPay 🏦 ⚡️ Welcome to the future of the BLOCKCHAIN-BASED BANKING ⚡️ ➡️ https://pointpay.io ⬅️
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Olayinka225
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November 09, 2018, 08:00:37 AM |
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This I think depends on each an everyone perspection. To some it might ve bitcoin why some might be gold. But I must say that both of them have its own relevance and importance. Gold has been for a very long time, bitcoin is just coming into extinction. If proper measure is taken, I can say it can surpass Gold. And I can also say that Gold will be forever and wouldn't depreciate for never.
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BuyBuyBitcoin
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Get Maximalist or Get Wrecked
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November 09, 2018, 08:12:23 AM |
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It stores value better than gold though.
It's designed specifically to store value better than fiat, gold or any asset class.
It transfers easier than gold.
It's cleaner to mine than gold.
It's scarcity is predictable, unlike gold.
Fake gold can be sold easier than fake bitcoin could.
Bitcoin is better than gold, sorry.
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Avoiding ICO's and Shitcoins | Finding where people can Buy Bitcoin Around the World.
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BillieCrypt
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November 09, 2018, 10:08:45 PM |
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Gold is not just a valuable asset that is highly traded on exchanges, it is also a metal that is widely used in various fields. Bitcoin is just a digital means of payment, so the value of gold is higher.
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Baser
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November 09, 2018, 10:25:23 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Gold is gold, Bitcoin is Bitcoin No need for such a comparison. I think the new investors are very excited. It is better to tell the gold of the virtual world.
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Sirait
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November 09, 2018, 10:26:02 PM |
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that is the opinion of people, so it's okay if they think that Bitcoin is better than gold. to be honest, I thought so too, that Bitcoin is better than gold because the rise in Bitcoin valuations in the past 5 years is much faster than gold, so I don't think there is a problem if I consider Bitcoin better than gold
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wormgummy019
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November 11, 2018, 08:26:07 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I feel discombobulated for people comparing gold to bitcoin. They have characteristics that is unique and maybe some of them has also similarities. But sometimes we cant stop ourselves thinking about something like this. Bitcoin is a lot better than gold and some of you gives an idea why is it better and how come. We cant expect people to stop giving their own thoughts about this.
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coinhunt
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November 20, 2018, 05:56:29 PM |
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Both gold and Bitcoin are attractive for making investments. Gold will keep its position, while Bitcoin will gain more and more trust as we're mobing to further digitalization. There are no talks about Bitcoin replacing gold. They are reliable in different ways.
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Sobocirevo
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December 20, 2018, 10:39:19 AM |
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Why not we have stop talking bitcoin is better than gold, look how much profit you can take by holding gold for one month and try for holding or invest your money at bitcoin, you can see more profitable holding or invest at bitcoin than gold.
In 2017 holding bitcoin is more profitable than gold, because the profits obtained are very large. But 2018 is better at holding gold because the price of bitcoin has dropped dramatically. For 2019, in my opinion, it is better for bitcoin investment, because prices will rise so that the profits obtained are greater than gold investments. Because the increase in gold is very little, so it does not appeal to speculators.
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karashika0577
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December 20, 2018, 02:05:18 PM |
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You said right, I agree with you that now we should stop compare bitcoin with gold. It simply means that the standard or price of everything is fixed which is for example. While we compare bitcoin with gold due to our mentality. Today the cost of bitcoin is low, while in the coming time it can be more than gold.
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Neluns ♦ New Generation Financial Ecosystem ♦ Pre-sale on Aug, 1
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elwiswoodie
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December 20, 2018, 02:28:21 PM |
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that is the opinion of people, so it's okay if they think that Bitcoin is better than gold. to be honest, I thought so too, that Bitcoin is better than gold because the rise in Bitcoin valuations in the past 5 years is much faster than gold, so I don't think there is a problem if I consider Bitcoin better than gold in my opinion, bitcoin is no better than gold because the value of gold can be stable and the value of bitcoin can change at any time which will affect the selling value. I think bitcoin is good when bitcoin prices rise.
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jrrsparkles
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Eloncoin.org - Mars, here we come!
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December 20, 2018, 02:33:31 PM |
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If you ever compared bitcoin and gold then you have no idea about the bitcoin,its not a metal,it is not storage of value and it is not like gold in the availability so everything is completely different so the prices also no need to correalate at any thing other than demand and supply based price.But still gold is more secured form of investment but not too much returns so if you are okay with that then go for it,no one is compelling you to buy bitcoins.
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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ardhigalau
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December 20, 2018, 02:39:27 PM |
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I hope like that, but people will always compare everything in this world. Including cryptocurrency, in my opinion it's legitimate, but if they discuss it too far I really object.
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Elerntta
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December 22, 2018, 09:53:00 PM |
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I think that you are right and it is too early for us to say goodbye to gold and other precious metals, after all, this is an investment that has already been tested for more than one century, so it will still remain relevant and will be used by mankind.
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minhlee95
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December 22, 2018, 10:08:52 PM |
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I still respect gold and other metals, diamonds, because I respect their history. But I understand that time is moving forward, investments are developing, and bitcoin, now it seems to me the most profitable.
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TheAndy500
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December 22, 2018, 10:14:10 PM |
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People compare Bitcoin to gold because of the similarity of its limited supply. Of course, the difference is much more than the similarities, but at the beginning it was easier to explain to some people what Bitcoin is.
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pixie85
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December 22, 2018, 10:18:13 PM |
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I still respect gold and other metals, diamonds, because I respect their history. But I understand that time is moving forward, investments are developing, and bitcoin, now it seems to me the most profitable.
I feel like this as well. We surely can stop comparing because Bitcoin is gold 2.0. It's much better, safer and easier to store, easier to trade, easier to hide, we just can't compare. Gold is only better in 2 things. It's older and more well known and it's a metal used in jewelry and electronics.
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jona
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December 22, 2018, 10:36:02 PM |
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I guest your saying this in terms of value but this are two different project,gold is metal while bitcoin is cryptocurrency I can see it been married.
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Bitfling
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December 23, 2018, 03:40:34 AM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I think bitcoin can not replace gold and bitcoin is different than Gold. Bitcoin is digital cryptocurrency and Gold is commodities we can touch. Its different purpose and bitcoin is for peer to peer transaction
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Jcabudx
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December 23, 2018, 05:15:32 AM |
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Why you should compare gold and bitcoin they have no similarities at all and also gold is like a hundred or thousand years discovered and its price has a stability while bitcoin has no stable price and also its like how many years was bitcoin discovered.
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matteoricci
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December 23, 2018, 06:25:32 AM |
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they are two different things and cannot be compared. bitcoin is intangible whereas gold is tangible. the economy is usually determined by the price of gold.
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cryptomax217
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December 23, 2018, 06:35:56 AM |
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just because they are both being "mined", there is a basis for comparing?
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sHeRiLyN1618
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December 23, 2018, 09:31:22 AM |
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Metal and digital currency are different, not just because the difference in the value of bitcoin is better than gold both are cannot be replaced with each other. Both also have their respective uses.
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swiftbits
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December 23, 2018, 11:04:27 AM |
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Exactly, and also they're different, Gold is a tangible material while Bitcoin is a crypto-based asset, they work on different platforms, They are what they are, you use it for monetization and that's it
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Mr.Spreadthehamster
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December 23, 2018, 11:25:20 AM |
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Someone earns a lot of money on bitcoins, and someone is engaged in gold all his life, and he doesn’t care what others think about it. To each his own.
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Valer4ik
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December 23, 2018, 12:14:53 PM |
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It is not possible here briefly, but there are several key points, the first is decentralization, a system in which trust is not needed, when the cue-ball will be hundreds of times more impossible for them to manipulate, and no one can manage it even now, while they can to manipulate is the possibility of building a more equitable and nature-like society, this is a deflationary mathematical model that investors and speculators value so much, this is the possibility of a total redistribution of resources, but more importantly with psy From the logical point of view, this will allow us to build a different system of interaction between people opposite to the consumption system, this is an opportunity and control where necessary and an increase in personal freedom in general, which will give both quality of life and more creative people and enhance natural selection; , it is also open source that allows interaction instead of competition. And besides the cue ball there is a huge number of other crypto projects, it is even more interesting there and they are all tied to Bitcoin.
In general, to describe the whole genius of ideas embedded in cryptocurrencies and blockchains will not be enough even a few hours of voice narration.
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bitfocus
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December 23, 2018, 12:37:03 PM |
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right, BTC is BTC, we should not compare it with other things, especially gold.
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KorakPawon
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December 23, 2018, 01:02:45 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
I do agree. It doesn't make sense to compare bitcoin with gold since they are different things; bitcoin is crypto while gold is metal which has different value.
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bajingluncat
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December 23, 2018, 01:04:38 PM |
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indeed there is a topic here that compares gold and BTTC, but in my opinion each type of investment must have advantages and disadvantages, choose the type of investment and believe it is better, it returns to our respective choices, depending on where we see the type of investment that, everyone has different desires, needs and experiences and what is certain is that their head is different. But I strongly disagree if there are those who say btc as a substitute for either gold, fiat money or other types of investments, because every investment has different roles or uses and forms, they can only complement each other rather than replace each other
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Robotbitcoin22
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December 23, 2018, 01:05:33 PM |
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Gold remains the best in terms of investment. the risk of people also knowing that bitcoin is an investment with a considerable risk at this time. this is indeed the case and gold is the best investment
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SnapDown22
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December 23, 2018, 01:06:23 PM |
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in my opinion gold and bitcoin are almost like the difference between name and price are different and the same is that it can be invested that is proud and needed by people in this world in my mind so
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Romeotom
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December 23, 2018, 01:16:42 PM |
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I have to qualify two different things about bitcoin market,if one think people getting crazy bitcoin lower price.but investor and holders always want to lower price because it's their own opportunity.we know bitcoin is the good currency but don't accept it ,you will not rich people quickly.
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millionaireshs
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December 23, 2018, 01:17:55 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
For me i don't argue regarding the comparison of both subject whic is bitcoin and gold. Gold is a stable value in form of real items. while bitcoin is volatile movement and And unpredictable value of price. Both of them are essential and definately needed for everyone of us specially bitcoin.
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cuenzy
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December 23, 2018, 01:20:55 PM |
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Yes I think the one who holds more value is the one who will stand out the most. It's not a matter of who is better when it comes to technicalities and other stuff. It's always the perception of the user who gets the final nod.
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