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Author Topic: can bitcoin in the future surpass gold?  (Read 18448 times)
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March 24, 2019, 05:07:43 PM
 #401

You can hear that Bitcoin and gold are similar, since they are both finite - gold mined and lying in the ground, this is all there is, there will be no new. The same with Bitcoin - there will be no more than 21 million coins.
However, the latter is not entirely true. Yes, according to the current protocol, the mining stops at 21 million tokens, but in the future it may be adjusted, and the number of coins will grow.
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March 25, 2019, 11:22:18 AM
 #402

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.
Expected to get that
Bitcoin will dominate the future
Dealing with it in all areas.
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March 26, 2019, 03:39:13 AM
 #403

I believe bitcoin  has a huge potential in Digital currency but gold has already.at present gold market is value at $7.5 trillion against Bitcoin’s capitalization of just $70.9 billion according to coin market cap.some analysis also said  bitcoin "easily exceed" even golds.
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March 26, 2019, 05:04:12 PM
 #404

In as much as I believe that bitcoin still has huge untapped market ..I do not believe that it can surpass gold as a store of value.
This as a result of the volatile nature if cryptocurrency.
The volatile nature makes bitcoin not fit to function perfectly as a store of value.

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March 26, 2019, 06:43:42 PM
 #405

I believe bitcoin  has a huge potential in Digital currency but gold has already.at present gold market is value at $7.5 trillion against Bitcoin’s capitalization of just $70.9 billion according to coin market cap.some analysis also said  bitcoin "easily exceed" even golds.
Yeah for me too both are good and both can be invest but the problem is we need to be very careful in case of gold but in case of bitcoin we will not have to be that careful, bitcoin has its own wallet which keeps is safe but for gold as you said the price is so high we will remain worry about the security of our investment.

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March 28, 2019, 04:14:07 AM
 #406

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,

The previous year the price of bitcoin had exceeded the price of gold precisely in December of 2017, but when it entered 2018 the value of bitcoin continued to decline to the lowest level, which is above $ 3000. Based on that experience I'm very optimistic that bitcoin will set a record again ( exceeds the price of gold) the second time, at a time that we cannot yet determine.

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March 28, 2019, 05:09:06 AM
 #407

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.
Gold and bitcoin are different properties and characteristic which are incomparable the former is a precious metal while the later is a digital asset, price-wise gold had been in existence for decades and will be continually stored as an asset based on the fact that unmined gold is vast and abundant spread across the universe while bitcoin had a fixed value of 21 million.
Although in terms of trading BTC/USD value had surpasses that of XAU/USD thus I don't any reason for comparison with bitcoin as digital asset and the ease in having access to it will enable it have an edge over gold.

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March 30, 2019, 02:23:03 PM
 #408

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 can surpass gold in the future. Anything is possible on bitcoin. The has a difference between gold and bitcoin but Gold for physical and Bitcoin for digital. Bitcoin is the best coin that we ever had. Nowadays I don't really mind gold because I do focus on Bitcoin which is helping me for financial and more unlike gold hard to find.
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March 31, 2019, 10:09:07 PM
 #409

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 can surpass gold in the future. Anything is possible on bitcoin. The has a difference between gold and bitcoin but Gold for physical and Bitcoin for digital. Bitcoin is the best coin that we ever had. Nowadays I don't really mind gold because I do focus on Bitcoin which is helping me for financial and more unlike gold hard to find.
Gold is now old investment it is not that famous as it was long ago, we are happy with the revolution of our system, we can see investment with bitcoin is safe as it has wallet but no physical presence so no one can steal your bitcoin but having gold will always keep you worry that any time anyone can robe you, so I like investing in bitcoin more than investing it gold.
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April 01, 2019, 05:30:37 AM
 #410

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.

When it comes as a matter of price it can do so in the coming year but what we would love to see is that bitcoin stays for decades and coming decades so that people can make this as a one of the permanent option to invest just like they do in the gold and silver.

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April 01, 2019, 06:34:00 AM
 #411

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.

When it comes as a matter of price it can do so in the coming year but what we would love to see is that bitcoin stays for decades and coming decades so that people can make this as a one of the permanent option to invest just like they do in the gold and silver.

Then you mean that Bitcoin will have a high chance to surpass the gold? then if that was, yes you are right. Bitcoin has the potential to surpass gold because nowadays bitcoin will become have massive adoption and for sure the demand will increase and the supply will decrease that makes bitcoin expensive not just like gold. For now, holding is the best decision to have a passive income in the upcoming future.
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April 01, 2019, 07:05:53 AM
 #412

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.

When it comes as a matter of price it can do so in the coming year but what we would love to see is that bitcoin stays for decades and coming decades so that people can make this as a one of the permanent option to invest just like they do in the gold and silver.

Then you mean that Bitcoin will have a high chance to surpass the gold? then if that was, yes you are right. Bitcoin has the potential to surpass gold because nowadays bitcoin will become have massive adoption and for sure the demand will increase and the supply will decrease that makes bitcoin expensive not just like gold. For now, holding is the best decision to have a passive income in the upcoming future.

Golds supply do also decrease because if a miner mines a gold , the earth crust or the soil will also get thinner . when it comes to adoption , id say bitcoin is already becoming popular ( slowly )  but not massive enough .  it will still take alot of time for that to happen  since bitcoin is still on its infant stage  . but but , when it comes to price its verry clear that bitcoin is on top  .
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April 01, 2019, 08:20:00 PM
 #413

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 can surpass gold in the future. Anything is possible on bitcoin. The has a difference between gold and bitcoin but Gold for physical and Bitcoin for digital. Bitcoin is the best coin that we ever had. Nowadays I don't really mind gold because I do focus on Bitcoin which is helping me for financial and more unlike gold hard to find.
It is all about the user that has experience with one coin he can trade it well but choosing more than risky. As you will not be able to concentrate at one side, Buy the coin when it is at low price but make sure your investment is long lasting and profit making if you are earning 3 percent lose for the sake of 10 percent profit then it is good investment.
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April 04, 2019, 08:55:45 PM
 #414

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 can surpass gold in the future. Anything is possible on bitcoin. The has a difference between gold and bitcoin but Gold for physical and Bitcoin for digital. Bitcoin is the best coin that we ever had. Nowadays I don't really mind gold because I do focus on Bitcoin which is helping me for financial and more unlike gold hard to find.
It is all about the user that has experience with one coin he can trade it well but choosing more than risky. As you will not be able to concentrate at one side, Buy the coin when it is at low price but make sure your investment is long lasting and profit making if you are earning 3 percent lose for the sake of 10 percent profit then it is good investment.

Right I definitely believe that the future of crypto currency is surely surpass gold, I think gold has value but not bigger than crypto currency, bitcoin has potential to substitutes for gold, as current bitcoin is repairing effectively which is really good and I appreciate the team work, which made gold only limited to be used as jewelry.
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April 06, 2019, 12:43:00 PM
 #415

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.

Gold is the separate entity than Bitcoins and i do not think both have any link between the two. Of course people will use bitcoin more as it is a currency and gold is mostly used to store as an asset.


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.

Bitcoin popularity is increasing day by day and soon it will overcome the Fiat currencies. People will leave their national currency because it will become devalue and everyone will use bitcoin to perform transactions and bitcoin will become a standard currency.

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April 06, 2019, 07:37:46 PM
 #416

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 can surpass gold in the future. Anything is possible on bitcoin. The has a difference between gold and bitcoin but Gold for physical and Bitcoin for digital. Bitcoin is the best coin that we ever had. Nowadays I don't really mind gold because I do focus on Bitcoin which is helping me for financial and more unlike gold hard to find.
It is all about the user that has experience with one coin he can trade it well but choosing more than risky. As you will not be able to concentrate at one side, Buy the coin when it is at low price but make sure your investment is long lasting and profit making if you are earning 3 percent lose for the sake of 10 percent profit then it is good investment.

According to me it is good to invest all your money in crypto currency as we can see now gold has no certain future and it has no promising strategies for investor, apart from it gold is risky to hold in terms of security as well, crypto currency has safe investment and you will have so many online wallets which can help you holding your coin as long as you want, but having so many gold at your home can put your life in danger.
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April 06, 2019, 09:56:56 PM
 #417

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.

Gold is the separate entity than Bitcoins and i do not think both have any link between the two. Of course people will use bitcoin more as it is a currency and gold is mostly used to store as an asset.


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.

Bitcoin popularity is increasing day by day and soon it will overcome the Fiat currencies. People will leave their national currency because it will become devalue and everyone will use bitcoin to perform transactions and bitcoin will become a standard currency.
At some places it already did that because have seen so many places people are left using fiat and it is being use as currency, gold is nothing in front of bitcoin because bitcoin has more value than that of bitcoin, it is highly acceptable to invest our money for long term to generate good profit from it, gold is not safe to hold but bitcoin has strong unhackable wallets.
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April 07, 2019, 07:39:12 AM
 #418

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 can surpass gold in the future. Anything is possible on bitcoin. The has a difference between gold and bitcoin but Gold for physical and Bitcoin for digital. Bitcoin is the best coin that we ever had. Nowadays I don't really mind gold because I do focus on Bitcoin which is helping me for financial and more unlike gold hard to find.
It is all about the user that has experience with one coin he can trade it well but choosing more than risky. As you will not be able to concentrate at one side, Buy the coin when it is at low price but make sure your investment is long lasting and profit making if you are earning 3 percent lose for the sake of 10 percent profit then it is good investment.

According to me it is good to invest all your money in crypto currency as we can see now gold has no certain future and it has no promising strategies for investor, apart from it gold is risky to hold in terms of security as well, crypto currency has safe investment and you will have so many online wallets which can help you holding your coin as long as you want, but having so many gold at your home can put your life in danger.

If people have limited wealth every month to invest then major portion as per me should go to crypto and little to the gold . This again would depend upon how risk averse person you are and can alter the percentage based on your risk appetite. Definitely crypto should always be on your cards for investment.

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April 07, 2019, 12:19:45 PM
 #419

I am wonder why people keep comparing bitcoin with gold. Both have different feature and both have different potential. Even if bitcoin surpass the gold people still using them. Not every one is aware about bitcoin that's the reason people use Gold. Bitcoin don't exist physically  but GOLD does. That's why even the price goes up people will still believe in gold and invest on it
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April 09, 2019, 08:56:45 PM
 #420

I am wonder why people keep comparing bitcoin with gold. Both have different feature and both have different potential. Even if bitcoin surpass the gold people still using them. Not every one is aware about bitcoin that's the reason people use Gold. Bitcoin don't exist physically  but GOLD does. That's why even the price goes up people will still believe in gold and invest on it
Even if bitcoin and gold are very different both of them have very similar functions, the people that are storing gold or bitcoin are doing it because they do not trust in central banks and their ability to print as much money as they want, they are looking for something that cannot be printed at will and both gold and bitcoin have that characteristic so people are going to keep comparing them for a very long time.

Now about bitcoin surpassing gold that really depends on what they mean by that, there are many things in which bitcoin is way superior to gold from the beginning but what most people mean by that is that they want to see the market cap of bitcoin to be bigger than the market cap of gold and that will take a lot of time to happen.

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