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Author Topic: can bitcoin in the future surpass gold?  (Read 18448 times)
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March 11, 2019, 02:04:14 PM
 #381

Possible 100℅ ! Blockchain transaction nowadays are trending even the market is bearest...crypto holder as of today I think x3 compare last 2017.meaning more  people know it already about the blockchain transaction.. As of now airlines accepting bitcoin, banks  lunch their own bitcoin ATM..so very clearly bitcoin have a good future..
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March 11, 2019, 06:10:25 PM
 #382

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.
I know gold is less volatile but don’t you think volatility is good to have in any investment because it gives more opportunities to earn with small investment, if price gets down we can buy and hold until it rise again, bitcoin is safe to hold as it has strong online wallets without any physical or touchable presence but gold is not safe to keep at home in high amount for long term.

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March 13, 2019, 08:01:45 AM
 #383

I think you are right in a way.
It's possible for bitcoin to surpass gold both in popularity and good investment in the future.
By the time that bitcoin becomes generally accepted as a medium of payment , it will surpass gold.

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March 13, 2019, 07:49:52 PM
 #384

I believe that bitcoin is underestimated, I do not claim that it should only grow! But I'm sure that the future is for him! crypto currency in general, and bitcoin in particular - this is digital gold, many people still do not understand this. I'm sure that in ten years it will be so.
There is no need comparing the both of them. Both of them are good and you should just make your choice on which works better for you or what you like most. Gold is much safe than Bitcoin, but bitcoin is more valued. Lots of people trust gold, and there are lots of things that can can be done with it. It doesn’t serve only as an investment.

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.
A lot of people choose Bitcoin because of the volatility. The price can go up at anytime, yes… But these people never think of whether it will also go down in price. They just believe that it will keep on going up. That’s why a lot of people you see here are just so greedy and the bigger investors are just here to pump it and leave. Gold is always safe.
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March 14, 2019, 11:22:46 AM
 #385

Possible 100℅ ! Blockchain transaction nowadays are trending even the market is bearest...crypto holder as of today I think x3 compare last 2017.meaning more  people know it already about the blockchain transaction.. As of now airlines accepting bitcoin, banks  lunch their own bitcoin ATM..so very clearly bitcoin have a good future..
Blockchain technology become hot and very interesting just because people have found out that it have a huge potential in the market and could possibly change everyone's life. Switching into using crypto currency a wonderful experience for everyone and it really simplifies our work loads.

@OP
All the achievements doesn't meant that it competing gold or whatever, cause they are totally different in form and uses. So there is no need to compared this things.
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March 15, 2019, 09:11:28 PM
 #386

I think you are right in a way.
It's possible for bitcoin to surpass gold both in popularity and good investment in the future.
By the time that bitcoin becomes generally accepted as a medium of payment , it will surpass gold.
Agree with you now a day bitcoin is gaining more important than any other investment including Gold, people are finding future in investing bitcoin gold is now just a name, it has not profit for holder and it is dangerous to hold at your home because anytime anyone can robe and take your gold, on the other hand bitcoin has wallets and it has digital presence which is unsnatch able
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March 16, 2019, 08:07:04 PM
 #387

Possible 100℅ ! Blockchain transaction nowadays are trending even the market is bearest...crypto holder as of today I think x3 compare last 2017.meaning more  people know it already about the blockchain transaction.. As of now airlines accepting bitcoin, banks  lunch their own bitcoin ATM..so very clearly bitcoin have a good future..
Blockchain technology become hot and very interesting just because people have found out that it have a huge potential in the market and could possibly change everyone's life. Switching into using crypto currency a wonderful experience for everyone and it really simplifies our work loads.

@OP
All the achievements doesn't meant that it competing gold or whatever, cause they are totally different in form and uses. So there is no need to compared this things.
No doubt blockchain is the best thing for crypto currency and fairly saying blockchain increase the real value of crypto currency all over the world, if we talk about gold then I know gold is good but crypto currency specially bitcoin is above gold, as gold is an old fashioned and low profit investing but crypto currency is future maker and money savior.
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March 17, 2019, 04:09:42 PM
 #388

Possible 100℅ ! Blockchain transaction nowadays are trending even the market is bearest...crypto holder as of today I think x3 compare last 2017.meaning more  people know it already about the blockchain transaction.. As of now airlines accepting bitcoin, banks  lunch their own bitcoin ATM..so very clearly bitcoin have a good future..

Bitcoin has more usage than gold. People buy gold and keep them / hold them. The gold has a value which increase with passage of time. We can only invest in gold.  As far as bitcoin is concerned, it can be used as a currency and it can be traded as well. Also bitcoin is relativity new and available at very low price. This means that those who invested in bitcoins now can even get 10x or more in few years time.

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March 17, 2019, 06:44:31 PM
 #389

If bitcoin becomes a globally endorsed store of value, then, In terms of price and market cap, yes, it can surpass gold. Based on GFMS which produces regular gold surveys, their latest figure for all the gold in the world is 171,300 tonnes. with one ton currently being about 60 million dollars now, this keeps gold at around 7+ trillion market cap. But more gold will be mined in the future. For bitcoin, only 21,000,000 will ever be mined. But there are 36 millionaires in the world. Hence, if bitcoin becomes a global store of value eventually, even some millionaires will not be able to afford one bitcoin. This gives bitcoin the potential to hit the one million dollar mark as a store of value which will shoot it way past the market cap for gold.

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March 17, 2019, 07:25:01 PM
 #390

I think you are right in a way.
It's possible for bitcoin to surpass gold both in popularity and good investment in the future.
By the time that bitcoin becomes generally accepted as a medium of payment , it will surpass gold.
Agree with you now a day bitcoin is gaining more important than any other investment including Gold, people are finding future in investing bitcoin gold is now just a name, it has not profit for holder and it is dangerous to hold at your home because anytime anyone can robe and take your gold, on the other hand bitcoin has wallets and it has digital presence which is unsnatch able

Trusting new technologies is very important because we are living in the most fast era where it is very easy to earn money, in old age people has been buying gold and keeping it for long term at home and history says those who kept so many gold at home lost their among for being robbed so that’s why we are investing in new technologies which is safe and good to hold.
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March 18, 2019, 07:48:38 AM
 #391

I think you are right in a way.
It's possible for bitcoin to surpass gold both in popularity and good investment in the future.
By the time that bitcoin becomes generally accepted as a medium of payment , it will surpass gold.
Agree with you now a day bitcoin is gaining more important than any other investment including Gold, people are finding future in investing bitcoin gold is now just a name, it has not profit for holder and it is dangerous to hold at your home because anytime anyone can robe and take your gold, on the other hand bitcoin has wallets and it has digital presence which is unsnatch able

Trusting new technologies is very important because we are living in the most fast era where it is very easy to earn money, in old age people has been buying gold and keeping it for long term at home and history says those who kept so many gold at home lost their among for being robbed so that’s why we are investing in new technologies which is safe and good to hold.


And just for example, you live in Brazil and you wish to send some gold bars to Russia, how will you do it? How much can all that cost? Is there some option for low transaction cost? Bitcoin already suppressed gold in price I believe and usage, and with time that difference will just be bigger. Lets be realistic here, internet is future, and bitcoin can be used on internet, gold will stay where it is. Judge it by yourself, do you like gold? Do you use gold? When is the last time you bought gold?

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March 18, 2019, 08:14:07 AM
 #392

I believe that bitcoin is underestimated, I do not claim that it should only grow! But I'm sure that the future is for him! crypto currency in general, and bitcoin in particular - this is digital gold, many people still do not understand this. I'm sure that in ten years it will be so.

bitcoin is a virtual currency for future investment, I believe that bitcoin will soar in the future, if compared to gold in my opinion, gold investment is also good, why? because gold is the best investment in the whole world, from time to time, gold is the best
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March 18, 2019, 07:29:01 PM
 #393

I believe that bitcoin is underestimated, I do not claim that it should only grow! But I'm sure that the future is for him! crypto currency in general, and bitcoin in particular - this is digital gold, many people still do not understand this. I'm sure that in ten years it will be so.

bitcoin is a virtual currency for future investment, I believe that bitcoin will soar in the future, if compared to gold in my opinion, gold investment is also good, why? because gold is the best investment in the whole world, from time to time, gold is the best
No for me gold is not good because it is not safe investment if you look back people have been investing in god but they really got regretted because price increase slow and after so long it rises only few hundreds, as it is under control of government but crypto currency specially bitcoin is totally independent and it has no control by anyone, it increases faster and never stop rising once it start.
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March 19, 2019, 08:30:13 AM
 #394

Bitcoin and gold these are totally different things you can't compare bitcoin with gold.
Bitcoin is a currency which based on virtual reality and gold is a valuable element and i think bitcoin can't surpass gold in the future.
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March 19, 2019, 09:41:11 AM
 #395

Bitcoin and gold these are totally different things you can't compare bitcoin with gold.
Bitcoin is a currency which based on virtual reality and gold is a valuable element and i think bitcoin can't surpass gold in the future.
Yes probably it can't surpass but if we talk the comparing price I think bitcoin time to time will be surpassed the gold price. Gold has a low-value increase but it is a stable price increase, unlike Bitcoin is very volatile but it is a high chance to make expensive price near in the future. However, these two things are not comparable, because they have both sides characteristics the pros and cons.

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March 19, 2019, 05:19:52 PM
 #396

Many people here argue that it doesn't match the title, what is meant by the title (Can bitcoin in the future exceed gold) is not a problem comparing bitcoin with gold and its working system or other reasons.
and my answer Yes, in my opinion bitcoin in the future can surpass gold and in fact the price of bitcoin has been several times above the price of gold, because the price of bitcoin is very volatile and can change significantly and the price of bitcoin can suddenly rise and fall the price of gold, the price is always stable.

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March 20, 2019, 08:50:31 PM
 #397

Bitcoin and gold these are totally different things you can't compare bitcoin with gold.
Bitcoin is a currency which based on virtual reality and gold is a valuable element and i think bitcoin can't surpass gold in the future.
Yes probably it can't surpass but if we talk the comparing price I think bitcoin time to time will be surpassed the gold price. Gold has a low-value increase but it is a stable price increase, unlike Bitcoin is very volatile but it is a high chance to make expensive price near in the future. However, these two things are not comparable, because they have both sides characteristics the pros and cons.
I think the same in this regard so for me as well, if we talk about the value and the price bitcoin has much more than GOLD, be sure in very near future gold will become only just for name, but as an investment people will only choose bitcoin as it has more value and capacity to rise in price and get your profit, it is modern age and a time to adopt new technologies instead of sticking with old age.
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March 21, 2019, 11:57:24 PM
 #398

The popularity of bitcoin spreading throughout world and people of all ages are involved in the cryptocurrency. If market pumped in future, then I am sure that bitcoin will be global acceptance currency and surpass gold.
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March 22, 2019, 11:31:05 AM
 #399

Gold as collateral have a long story from mid-centuries (and even earlier). However now we barely use it, because American dollars has spread its hegemony on the world. Before Bretton woods crisis there was a good chance for some improved money system to appear but in fact tricky politics of the US lead the world to rely on the dollar in international exchange. It only benefits US state in many forms.

Dollar doesn't have intrinsic value aside from the fact it is the strongest currency in the world right now (with the biggest debt).

However, personally, I see future of crypto as a form of collateralized and non-collateralized stablecoins (may be a mixed stablecoin) that will be so comfortable to use and so convenient to measure goods with it'll overcome the dollar.
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March 24, 2019, 03:30:54 PM
 #400

The popularity of bitcoin spreading throughout world and people of all ages are involved in the cryptocurrency. If market pumped in future, then I am sure that bitcoin will be global acceptance currency and surpass gold.
  Yes day by day importance and popularity of bitcoin is getting wide and not only young but old ager are also involving into it, gradually bitcoin is rising high in price and having good market place as an investment at the same time as currency, so I think gold is no more in market to be a good investment we will have to accept the reality that cryptocurrency is our future.
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