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SiDtHeBeSt
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February 24, 2019, 04:16:25 PM |
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Meh to be honest Bitcoin or any other cryptocurrency has a chance to surpass gold. Gold would Still be prefferd over cryptocurrency by many many people as gold is considered to be amore safe investment than cryptocurrency and the reason people believe in gold more than any other thing is because gold is around from quite a while.
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Altero
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February 24, 2019, 10:32:06 PM |
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Meh to be honest Bitcoin or any other cryptocurrency has a chance to surpass gold. Gold would Still be prefferd over cryptocurrency by many many people as gold is considered to be amore safe investment than cryptocurrency and the reason people believe in gold more than any other thing is because gold is around from quite a while.
We can't even more profitable with gold cause of its price stability and this thing is just a long term asset without a way of decreasing their prices unlike for crypto. But the good thing with crypto is that we can earned more profits due to its volatility and the price were keep on moving , and could have a way that it will be far from gold market value. |
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jhonjhon
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February 25, 2019, 11:11:59 PM |
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Gold and Bitcoin are totally different from each other, when we come into stock market definitely gold have its great value but if we go into digital world, Bitcoin have its crown. There is no need to have their comparison, yet they have different in purpose and so they can be used separately cause gold isn't a kind of currency we used to buy stuffs and even pay services unlike of Bitcoin.
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LUCKMCFLY
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February 25, 2019, 11:57:31 PM |
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Is it a question that must be taken into account if it exceeds in Price or in Value? Since Gold has a Value and a Price, it has liquidity and represents security and guarantee. Bitcoin is a cryptocurrency that has no liquidity, has a value and a price that is usually volatile.
If you refer in price to exceed the Gold, yes, you can overcome it more than, but you must remember very well that it is not backed or has any liquidity, but rather the Supply and Demand. I believe that a comparison criterion does not apply, since it is like mixing in mathematics units of weight and volume, they are clearly different.
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eagleman
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February 26, 2019, 11:00:27 PM |
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I won't compare bitcoin to gold. I'm very sure that bitcoin will have that increased value in the future but I just can't tell about gold.
I won't give a thing about something that I don't have and never experienced investing on it.
Gold folks are very much optimistic about it and definitely for bitcoin folks like me, I'll tell that it will be able but for honest opinion I'm neutral.
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bitcoinisbest
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February 28, 2019, 12:15:07 PM |
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I remeber when btc was 600, and tell when it will be the price of 1oz gold, I will convert ... so at 20k ... but psychologicaly, gold is gold, crypto is digital.
This difference will always exists and as per me even crypto will exists side bey side gold. Also people should be investing in different asset class and this is the best option rather than totally depending upon a single thing. Both will exists one being conventional and other being new age investment option. |
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slocker
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February 28, 2019, 03:00:29 PM |
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He already surpass gold. But different can be amount we know how many bitcoin exists but in gold case we dont know the exact amount. People who do gold mining go on speculate that when they start will bring them good amount at season end. Bitcoin is mined with rigs, and gold is found everywhere under ground in water on mountains.
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ekim88
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March 02, 2019, 08:04:30 AM |
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You're right. As Robert Kiyosaki used to say, "everything can be considered money that has value for you at the moment". Maybe in 10 years, maybe earlier, but one day the blockchain will be appreciated.
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Ilhanassar
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March 02, 2019, 09:54:42 AM |
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I think, if we compare Bitcoin vs Gold in many ways, we concluded that gold is the precious metal counterpart to the bitcoin. Like the bitcoin, gold must be obtained through mining. But, while gold is obtained through physical mining, bitcoins must be “mined” virtually through the deciphering of special computer encryptions. I guess Bitcoin will replace gold in the coming decades.
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Best Dreams
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March 02, 2019, 01:36:18 PM |
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He already surpass gold. But different can be amount we know how many bitcoin exists but in gold case we dont know the exact amount. People who do gold mining go on speculate that when they start will bring them good amount at season end. Bitcoin is mined with rigs, and gold is found everywhere under ground in water on mountains.
I am not agree at all because of we will invest in more than one asset it will distribute our attention and for making profit we will have to concentrate and get profit safely, the other thing we should consider ah value of our investment before investing so in this way crypto currency or digital money has much more value than gold, so I prefer investing in digital currency as it suits our modern age rather than an old fashioned investment life gold. |
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UmerIdrees
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March 02, 2019, 06:14:08 PM
Last edit: March 09, 2019, 07:22:01 AM by UmerIdrees |
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I think, if we compare Bitcoin vs Gold in many ways, we concluded that gold is the precious metal counterpart to the bitcoin. Like the bitcoin, gold must be obtained through mining. But, while gold is obtained through physical mining, bitcoins must be “mined” virtually through the deciphering of special computer encryptions. I guess Bitcoin will replace gold in the coming decades.
Gold is something which is ever green and it is always valuable. |
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muhtesem
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March 02, 2019, 11:15:41 PM |
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A lot of coins are dying or losing value in the cryptocurrencies. it is best to prefer the best known coins or leader coins... There are many currencies of the genus bitcoin which are the best crypto for us. If you deposit Bitcoin and wait for the future, you will be very profitable.
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yvesp110
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March 03, 2019, 06:41:49 PM |
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Bitcoin and gold share some similarities, so we could say that these some differences are not to be overlooked, particularly from a trading point of view. Why? Gold is still regarded as a safe haven, while Bitcoin is renowned for being a particularly volatile asset. Which is true. Greater volatility brings with it a need for greater risk management in the form of position sizing and well-defined stop and take-profit levels.
You analysis does not make sense to me because if you are talking about risk then it is there for all kind of investments, if you invest in gold you will face more risk then you are facing for investing in bitcoin because bitcoin has no physical presence, it has safe wallets to hold and it increases our money more than triple, but gold has risk to hold at home for physical presence at the same price it grows only few dollars for one year. |
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Distinctin
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March 04, 2019, 01:43:10 PM |
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Bitcoin and gold share some similarities, so we could say that these some differences are not to be overlooked, particularly from a trading point of view. Why? Gold is still regarded as a safe haven, while Bitcoin is renowned for being a particularly volatile asset. Which is true. Greater volatility brings with it a need for greater risk management in the form of position sizing and well-defined stop and take-profit levels.
You analysis does not make sense to me because if you are talking about risk then it is there for all kind of investments, if you invest in gold you will face more risk then you are facing for investing in bitcoin because bitcoin has no physical presence, it has safe wallets to hold and it increases our money more than triple, but gold has risk to hold at home for physical presence at the same price it grows only few dollars for one year. Gold is a lifetime investment but in terms of making profit from it, it is totally far from of what it give to us by Bitcoin. Of course, people will absolutely looking for high gaining market no matter how risky it have as long as they'll have chances to double their money in few days unlike it can do for gold. In this event, may Bitcoin will totally surpass gold. |
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slocker
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March 04, 2019, 04:05:37 PM |
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Bitcoin if we look at price already surpass gold, but if we look globally gold is still used by every government as leverage. Every country use this for every money credit they use they use gold as leverage. Basically the more gold they have stored the more money they can take loan. On this bitcoin is still far away for usage of this.
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logicgate
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March 04, 2019, 06:42:10 PM |
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Bitcoin and gold share some similarities, so we could say that these some differences are not to be overlooked, particularly from a trading point of view. Why? Gold is still regarded as a safe haven, while Bitcoin is renowned for being a particularly volatile asset. Which is true. Greater volatility brings with it a need for greater risk management in the form of position sizing and well-defined stop and take-profit levels.
You analysis does not make sense to me because if you are talking about risk then it is there for all kind of investments, if you invest in gold you will face more risk then you are facing for investing in bitcoin because bitcoin has no physical presence, it has safe wallets to hold and it increases our money more than triple, but gold has risk to hold at home for physical presence at the same price it grows only few dollars for one year. Gold is a lifetime investment but in terms of making profit from it, it is totally far from of what it give to us by Bitcoin. Of course, people will absolutely looking for high gaining market no matter how risky it have as long as they'll have chances to double their money in few days unlike it can do for gold. In this event, may Bitcoin will totally surpass gold. If we talk about profit then surely nothing is better than investing in bitcoin because it has high potential and it makes money grow bigger than any other way of making money, other things is security if we will hold our money as gold, I am sure it will be risky because robbers will take advantage and steal our investment but digital wallet is impossible to robe. |
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UmerIdrees
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March 09, 2019, 07:22:16 AM |
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Bitcoin if we look at price already surpass gold, but if we look globally gold is still used by every government as leverage. Every country use this for every money credit they use they use gold as leverage. Basically the more gold they have stored the more money they can take loan. On this bitcoin is still far away for usage of this.
No one ever can denied the value of gold and it is never out of the interest of the people. Bitcoin is very different from Gold. At present time bitcoin is very famous and in demand but we cannot say that this will remain forever. Bitcoin will be valuable till the time its demand is still there. Once we see any currency better than bitcoin, it will eventually end. |
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JohnBitCo
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March 09, 2019, 03:52:52 PM |
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Gold and Bitcoin are totally different from each other, when we come into stock market definitely gold have its great value but if we go into digital world, Bitcoin have its crown. There is no need to have their comparison, yet they have different in purpose and so they can be used separately cause gold isn't a kind of currency we used to buy stuffs and even pay services unlike of Bitcoin.
Gold and bitcoin has no similarity and hence cannot be compared. But if you want to ask which is more valuable, then I think bitcoin will be more valuable and precious in future. I would suggest everyone to collect the bitcoins and keep them save for few years. It can give massive return before 2022 or even before. |
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Kelvinid
Sr. Member
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Activity: 2786
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when lambo...
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March 09, 2019, 10:05:27 PM |
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Gold and Bitcoin are totally different from each other, when we come into stock market definitely gold have its great value but if we go into digital world, Bitcoin have its crown. There is no need to have their comparison, yet they have different in purpose and so they can be used separately cause gold isn't a kind of currency we used to buy stuffs and even pay services unlike of Bitcoin.
Gold and bitcoin has no similarity and hence cannot be compared. But if you want to ask which is more valuable, then I think bitcoin will be more valuable and precious in future. I would suggest everyone to collect the bitcoins and keep them save for few years. It can give massive return before 2022 or even before. Hopefully it works well and crypto keep on surging high cause I know a lot of people believing this even during crisis. It is a big opportunity for us having Bitcoin and it pretty sure it will give us rewards as we've been patiently keep waiting for its bounce back. Though Gold is truly precious thing in real world but we have a better future with bitcoin than of this. |
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slocker
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March 11, 2019, 07:35:55 AM |
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Both gold and bitcoin have good and bad sides. Gold investors benefit from a number of factors similar to cryptocurrencies, without the added risk and volatility, which is fact. Price for example in crypto case can jump over 100 times and fall down the same and all can be see in single day. The price of gold has risen steadily over the years and as such remains a stable and safe investment with low volatility. We could do this all day and compare what is good and what is not on both sides. but the fact remains gold is used as leverage, and bitcoin cuz is tax free.
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