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Author Topic: they say bitcoin is store of value  (Read 184 times)
zein1111 (OP)
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March 30, 2018, 10:51:23 PM
 #1

they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?Huh
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coinycoiny
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March 30, 2018, 10:54:51 PM
 #2

they say bitcoin is accepted more places every day. ....they lie
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March 30, 2018, 11:45:24 PM
 #3

I think both gold and bitcoin are all good and valuable.
to get the gold we have to mine it first or buy from the gold shop.
gold is available in limited quantities.
bitcoin exactly like gold, the difference bitcoin is digital and not visible.
bitcoins stored on a computer or on a smartphone.
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March 30, 2018, 11:50:18 PM
 #4

As long as I follow the development of bitcoin, and indeed it is true that bitcoin is so much better than gold, since bitcoin has a value of very fast price increase rather than gold and very practical storage that does not need much place like gold.
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March 31, 2018, 12:06:28 AM
 #5

they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?Huh
Yes bitcoin is a store value and as a bitcoin holder I say that its better than gold since I don't have gold. And with the big market cap that was gone, it only means that there are whales that sold their coins and will wait again for another dip before getting a good price to enter again.



 

 

 

 

 

 


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iconternal
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March 31, 2018, 12:13:42 AM
 #6

In my own comparison, it is true that bitcoin is better than gold, with storage that does not require much space and also the value of the price goes up faster than gold.

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March 31, 2018, 01:08:47 AM
 #7

Bitcoin is a good place to store very good value but it needs serious oversight because bitcoin values are changing every time this is what causes us to get a quick profit.
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March 31, 2018, 01:14:11 AM
 #8

Bitcoin is quite similar to gold because of their both purposes. The rich want to grow their money and the way is to invest into something. They all invested in gold thus raising its total value driving it higher and higher and is susceptible to manipulations. This is the same as bitcoin. Investors like us is buying expecting its price will rise high.
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March 31, 2018, 01:20:42 AM
 #9

they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?Huh

The total amount of bitcoin is a constant 21 million. It has a certain purpose and value in the fields of payment of remittance, intelligent contract, information disclosure, speculation target and illegal use.

In the long run, bitcoin has the same value as gold.
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March 31, 2018, 01:35:54 AM
 #10


I also think with you that bitcoin is better than gold, and that I experienced myself, in terms of storage and also price increases.
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March 31, 2018, 01:40:05 AM
 #11

I think both gold and bitcoin are all good and valuable.
to get the gold we have to mine it first
Yo ass ain't neva gon' mine no gol', who you kiddin'.  Yo ass jist gon' talk bout it whist mah peeps be frontin' dope gol' ropes.  Yo MTV raps, boyeeee!
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March 31, 2018, 03:35:47 AM
 #12

Maybe for starter, isn't recommended if invest in bitcoin without enough knowledge. Every job which can gives big profit also followed by high risk too, that's normal thing in my mind!
But if you say if gold investment if safe, I think that's wrong, all thing have their own risk, but I want to make this more clear, gold investment also has risk but not big risk as bitcoin.
That's depend by the investors, I think that not an problem for experienced investors. Because they know when they should buy or sell.
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March 31, 2018, 04:00:11 AM
 #13

of course, bitcoin has value like objects or goods in general but bitcoin in the form of digital currency. but when compared with gold, the gold value is more stable than bitcoin. and everyone knows the usefulness and benefits of gold. and all countries must trade gold and legalize it.
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April 01, 2018, 04:37:55 AM
 #14

they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?Huh
Yes bitcoin is a store value.  In an interview by CNBC’s Deirdre Bosa at the Money 20/20 event in Las Vegas last weekend, Apple co-founder Steve Wozniak said that he thinks Bitcoin is a better standard of value than both gold and the U.S. dollar
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April 01, 2018, 04:40:59 AM
 #15

Yes bitcoin is a store value
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April 01, 2018, 04:47:35 AM
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 #16

Earlier I saw a tweet from someone

"Let me be clear: I don't give a f*ck what $BTC does in the short term.
It could drop to $3k or bounce to $10k. Doesn't matter to me. I'm still going to trade shitcoins  to get more bitcoins.
People, this is a long-term vision that is being built. F*ck your 5 minute chart."


Summary: It's a LONG term investment, forget worrying every dip.

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trecore4
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April 01, 2018, 04:49:07 AM
 #17

they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?Huh

Great, so bitcoin is not store value at all.  Cheesy

Store value would be as stable as phsycial cash and precious metal like Gold.  The value won't move like bitcoin where it goes up and down by 2-5K USD in very short period of time.

It's the perfect investment to make it grow over the time. That's the difference between the store value and ever growing investment. So you decdie now which one it is. :-)

 
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April 01, 2018, 04:51:58 AM
 #18

Indeed bitcoin is a store of value and  is better than  gold. Bitcoin is much better than gold  in terms of its price and  storage. Bitcoin is store in our digital wallets wherein it is stored in our smartphones that we use everyday while gold is stored in our vaults or cold storage in banks or anywhere else where we do not have access much. Also in terms of its price we can say that bitcoin has greater potential to increase its price in the future and also bitcoin is widely accepted now and most people prefer bitcoin than gold.

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April 01, 2018, 05:04:47 AM
 #19

they say bitcoin is store of value where did the 200billion vanish ..they say bitcoin better than gold?Huh
Yes they say it is a store of value because bitcoin value is nothing permanent nit stable it's like a Ferris wheel riders goes up and down
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April 01, 2018, 05:07:27 AM
 #20

they say a lot of t hings, they also say bitcoin is dead. but random people saying idiotic things on the internet doesn't make them true. for instance the have started saying bitcoin is a store of value because they wanted people to forget that bitcoin is a currency!
the fact is bitcoin is a currency and as a currency it is volatile as long as its market is small. and that volatility is justified when you think of bitcoin that way.

besides being a store of value is a secondary aspect of bitcoin and it doesn't have to be stable for that. stability is a perk not a requirement. to be a store of value it has to be secure and immutable which bitcoin is both of these.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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