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Author Topic: can bitcoin in the future surpass gold?  (Read 18447 times)
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May 01, 2019, 07:28:36 AM
 #461

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.
What makes you think many people do not understand what bitcoin is? There are lots of people in the world that knows about Bitcoin. The problem with some. Of you is that you think that bitcoin is everyhting while it is not. Bitcoin is an asset that can be owned, and you invest in it. Yes it is also money but it is not a currency (don't mind the currency in its name). So stop thinking that it will take over everything or whatsoever you are thinking that is going to happen in future because that's never going to happen.
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May 01, 2019, 05:43:18 PM
 #462

Well based on scarcity, Bitcoin supply is supposed to be limited to 21 million. While the supply of gold, on the other hand, keeps increasing anytime its price rises, and gold miner mine for it. However, both are important. And that's why investors should not dive to substitute gold for cryptocurrency in their portfolio)



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May 02, 2019, 11:13:38 AM
 #463

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.
I think the price of bitcoin is already above what the price of a gold. Gold is only bigger than bitcoin in market cap, Gold's market cap is way above that of bitcoin. Some people have said that the market cap of bitcoin is going to surpass that of gold in fifty years to come.

I am not going to say whether it is true or not because I don't even know if that is going to happen, I can't say what's going to happen in fifty years time. When that times comes we will see whether it is going to happen or if bitcoin is going to even crash to a lower price.

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May 02, 2019, 09:11:31 PM
 #464

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.
What makes you think many people do not understand what bitcoin is? There are lots of people in the world that knows about Bitcoin. The problem with some. Of you is that you think that bitcoin is everyhting while it is not. Bitcoin is an asset that can be owned, and you invest in it. Yes it is also money but it is not a currency (don't mind the currency in its name). So stop thinking that it will take over everything or whatsoever you are thinking that is going to happen in future because that's never going to happen.
You are right, crypto currency is famous all around the world and if we talk about bitcoin then there is no doubt it is the best invention ever,. Very soon all over the world there will  be only bitcoin use to buy goods, even now we can see people are not agree to invest in anything else but only bitcoin, I personally believe gold will be no more with us as an investment in future.
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May 03, 2019, 08:56:11 AM
 #465

Bitcoin will become next storage of value.
With BTC price increase it will not be used anymore for daily trading so there will be some altcoins that will take this part on exchanges from BTC.
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May 03, 2019, 06:43:54 PM
 #466

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.
I think the price of bitcoin is already above what the price of a gold. Gold is only bigger than bitcoin in market cap, Gold's market cap is way above that of bitcoin. Some people have said that the market cap of bitcoin is going to surpass that of gold in fifty years to come.

I am not going to say whether it is true or not because I don't even know if that is going to happen, I can't say what's going to happen in fifty years time. When that times comes we will see whether it is going to happen or if bitcoin is going to even crash to a lower price.
  No it is not like this in my place because in my country bitcoin has much more value than gold, at my country bitcoin is the future currency as bitcoin has very high potential of growing on trading market, if I look at the price graph of both I will see bitcoin at the top and Gold down the market, bitcoin has really good value in market, gold is old fashioned with low potential but bitcoin is modern age investment.
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May 04, 2019, 06:54:50 AM
 #467

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 will be able to surpass gold when the market cap reaches $8 Trillion. For now, gold is still the leading stock with a market of $7.5 trillion and Bitcoin is still very far from that, as it  is still hovering around $100 billion+. I don’t know if Bitcoin will ever surpass the market cap of gold, but if it will, then its probably going to take a very long time.
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May 04, 2019, 10:25:42 AM
 #468

After humanity starts to move mining into Space gold will lose his value (or stay at current) as it will not be as valuable as before. Reason: In space you can find tons of gold and you don't even need to go into Deep Space... The moon has tons of Gold so supply will not drop only rise, but Bitcoin will never go above 21 Million supply Cap!
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May 04, 2019, 05:59:57 PM
 #469

Actually I don't understand why is Bitcoin compared with gold all the time. Yes, both Bitcoin and gold are types of investment but to my opinion they are not competition to each other and Bitcoin is not trying to replace gold as an investment.
Also, gold is more conservative and traditional type of investment that will always exist and Bitcoin is moder type of investment that attracts more inovative and risk prone investors.

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May 05, 2019, 05:44:04 PM
 #470


Gold is the currency of the world. Even if the world financial system collapses, the BTC won't be gold
I agree with you, bitcoin and gold are in different positions and cannot be equated. Bitcoin can never be the next gold even though the price of bitcoin is very high.I agree with you, bitcoin and gold are in different positions and cannot be equated. Bitcoin can never be the next gold even though the price of bitcoin is very high because everyone already knows gold and gold will never have obstacles in every country.

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May 06, 2019, 03:39:38 PM
 #471

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.
Actually you can't compare those two because first of all they are differ from each other. Gold has been widely used from past uptil now so it is impossible for bitcoin to surpass this one. Bitcoin is much better for being an asset for trading and investment like gold but not exactly. Crypto is much better to be used in online transaction and gold for physical transaction.



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May 06, 2019, 07:03:56 PM
 #472


Gold is the currency of the world. Even if the world financial system collapses, the BTC won't be gold
I agree with you, bitcoin and gold are in different positions and cannot be equated. Bitcoin can never be the next gold even though the price of bitcoin is very high.I agree with you, bitcoin and gold are in different positions and cannot be equated. Bitcoin can never be the next gold even though the price of bitcoin is very high because everyone already knows gold and gold will never have obstacles in every country.
  Bitcoin wont be gold but not because gold has more or higher value than bitcoin but only because bitcoin is much better than gold. This is my own personal experience that gold has low value among well educated and wise people. Profit making ability of gold is nothing in front of bitcoin, as much as I know bitcoin is safer and better than gold to make investment.
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May 06, 2019, 07:29:08 PM
 #473

Currently, there are still many bitcoin who are curious and even many who Consider and underestimate,But bitcoin will return to the trend going forward following the development of advanced technology,Gold has always been a trend from the past until now
Yes I am sure bitcoin will come to the position once again because now market is getting green, recently price has become 6k which is on progress to rise. In this era of technology I am sure this gonna beat the historical price of bitcoin, gold has been on trend but now something new has beat the value of gold and this is not only me but majority says.
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May 07, 2019, 08:47:40 AM
 #474

bitcoin will surpass gold if the price is very stable, when people have used bitcoin as a daily currency, but of course gold still exists in the future, for storing value as well as jewelry
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May 10, 2019, 08:57:24 AM
 #475

That really can't be compared because bitcoin and gold are on different paths. But in popularity I am sure that gold is far better known to the public than Bitcoin because sometimes many ordinary people do not know Bitcoin.

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May 10, 2019, 01:02:43 PM
 #476

That really can't be compared because bitcoin and gold are on different paths. But in popularity I am sure that gold is far better known to the public than Bitcoin because sometimes many ordinary people do not know Bitcoin.

in the future bitcoin will become something very famous for long term investment and bitcoin has many advantages that will support higher than gold. basically, gold and bitcoin have similarities as a profitable asset, with the continued growth of bitcoins, it is certain that in the future bitcoin will surpass gold, even if it happens now, if we compare the prices of both, then bitcoin is far above gold

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May 10, 2019, 08:35:08 PM
 #477

bitcoin will surpass gold if the price is very stable, when people have used bitcoin as a daily currency, but of course gold still exists in the future, for storing value as well as jewelry
For me bitcoin is much more important than gold because gold is just jewelry but bitcoin is surely the best investment, it will get better day by day, but gold has no important now in this era that it has been having in old ages, let’s see when bitcoin removes the name of gold form best investment list but I am sure it will happen very soon.

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May 12, 2019, 05:16:54 AM
 #478

bitcoin will surpass gold if the price is very stable, when people have used bitcoin as a daily currency, but of course gold still exists in the future, for storing value as well as jewelry
For me bitcoin is much more important than gold because gold is just jewelry but bitcoin is surely the best investment, it will get better day by day, but gold has no important now in this era that it has been having in old ages, let’s see when bitcoin removes the name of gold form best investment list but I am sure it will happen very soon.



I am sure Bitcoin will surpass gold one day. Since bitcoin is a currency its use is much more than gold. People use gold more often as a store of value and price of Gold is also stable. On the other hand, bitcoin price is very much volatile which also attracts the whales and traders to get good profit from its movement.

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Blockchain Gold
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May 13, 2019, 08:46:49 AM
Merited by UGC (6)
 #479

bitcoin will surpass gold if the price is very stable, when people have used bitcoin as a daily currency, but of course gold still exists in the future, for storing value as well as jewelry
For me bitcoin is much more important than gold because gold is just jewelry but bitcoin is surely the best investment, it will get better day by day, but gold has no important now in this era that it has been having in old ages, let’s see when bitcoin removes the name of gold form best investment list but I am sure it will happen very soon.



I am sure Bitcoin will surpass gold one day. Since bitcoin is a currency its use is much more than gold. People use gold more often as a store of value and price of Gold is also stable. On the other hand, bitcoin price is very much volatile which also attracts the whales and traders to get good profit from its movement.

When the price of BTC will rise above price level that it will become to expansive for people to buy just 1BTC it will become the next storage of value. But we all have to know that until all or more governments don't recognize BTC as a valid currency it will be hard.
airdagon
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May 14, 2019, 04:09:20 AM
 #480

I believe that will happen, because bitcoin is a small asset with a total supply, while gold is an asset that has a very large supply in this world
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