Bitcoin Forum
November 04, 2024, 04:46:32 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 »
  Print  
Author Topic: can bitcoin in the future surpass gold?  (Read 18544 times)
anjho.ace
Full Member
***
Offline Offline

Activity: 371
Merit: 100


View Profile
August 12, 2018, 03:45:50 PM
 #101

The demand already surpassed by bitcoin.
the number one market got by BTC from gold.
but the use will be sleeping with gold for a long time.
unless, bitcoin manage to spread its use.
to gain more merchants to accept bitcoin globally.
South Park
Hero Member
*****
Offline Offline

Activity: 3066
Merit: 810


I am terrible at Fantasy Football!!!


View Profile
August 12, 2018, 04:02:00 PM
 #102

Bitcoin and gold are different. Is there any establishment today accepts gold as mode of payment? How can you compare their value? One bitcoin per what weight of gold?
Yes bitcoin is different but it has many of the characteristics of gold so we can compare them, the lack of acceptance of gold as a money is the same problem that bitcoin has right now, but you are forgetting that for a long time gold was the most accepted form of money through the world and many are betting that when the next economic crisis happens the price of gold will skyrocket.
davinchi
Legendary
*
Offline Offline

Activity: 2100
Merit: 1058


View Profile
August 13, 2018, 08:07:29 AM
 #103

yes of course that can happen and I'm sure it's very easy because the condition of bitcoin which has a very limited total supply can of course make the volume and price of bitcoin beat gold.
How exactly is that going to happen? What does Bitcoin has to offer apart from being a method of transaction and investment, but gold has even more to offer and has been around for years or should I just say centuries cause I believe it was right there when the world started and has been used by generations. Bitcoin can’t just jump out from no where and start to top the list. In fact we should stop comparing Bitcoin to Gold, they are two different things.
Meowth05
Sr. Member
****
Offline Offline

Activity: 854
Merit: 267


★777Coin.com★ Fun BTC Casino!


View Profile
August 13, 2018, 09:49:55 AM
 #104

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.
Probably we should not compare these two because they have their own advantages like gold is better investment in physical world while bitcoin is in digital world. Yes bitcoin can surpass gold and I think its already did but in some aspect bitcoin is nothing compared to gold because the popularity of bitcoin is not like gold and it means the demand of gold is higher than bitcoin and other crytocurrencies.

ToniJu
Member
**
Offline Offline

Activity: 173
Merit: 10


View Profile
August 13, 2018, 10:43:33 AM
 #105

Gold is depreciating, and Bitcoin is appreciating, which is what we see, but most of the appreciation of Bitcoin comes from commercial hype, which will cause Bitcoin prices to never stabilize!

              ◊ ◊ ◊ 𝗘𝘁𝗵𝗲𝗿𝗲𝘂𝗺 𝗖𝗹𝗮𝘀𝘀𝗶𝗰 𝗩𝗶𝘀𝗶𝗼𝗻 ◊ ◊  ▬▬  ▬▬  ▬  ▬  ▬  ▬  ▬   Free ETCV coins ◊ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
    ANN ◊ ◊   ▬▬▬▬▬▬  ▬▬▬▬▬▬  ▬▬▬▬  ▬▬▬▬  ▬▬  ▬▬  ▬  ▬  ▬  ▬  ▬  ◊ ◊ Hard fork of Ethereum ◊ ◊  ▬▬▬▬▬▬  ▬▬▬▬  ▬▬▬▬  WhitePaper ▬▬  ▬▬  Github
                       ◊  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬    Twitter ▬  ▬ Telegram ▬▬▬▬  ▬▬▬▬  ◊ ◊  All Ethereum holders will receive 3 ETCV  ◊ ◊ ◊
katri
Newbie
*
Offline Offline

Activity: 140
Merit: 0


View Profile
August 13, 2018, 01:17:43 PM
 #106

There was a possibility to surpass gold but the chances is very slim, given the volatility of the coin plus it moves by the decision made by the investors. Plus the fact that it required technology to operate in the economy. Gold is ver valuable with a physical value in it.
TranTrongit
Member
**
Offline Offline

Activity: 340
Merit: 10


View Profile WWW
August 13, 2018, 01:34:57 PM
 #107

bitcoin is digital gold. I agree with you. But bitcoin can't replace or surpass gold. This is a meaningless comparison. Bitcoin is a kind of virtual asset and the value of bitcoin is unstable. Investing in bitcoin is profitable but risky. Gold is a tangible thing and it is real. Gold can be considered as a safe haven.
FreeOxen
Newbie
*
Offline Offline

Activity: 94
Merit: 0


View Profile
August 13, 2018, 03:51:26 PM
 #108

Agreed you can't really compare Bitcoin and Gold - sure they both have value but gold is a tangible thing that does have some uses in itself - makes jewellery, can be used for plating, used for some other applications and as long as people like shiny things it should still have some value. Bitcoin is just risky... but can be profitable
Baoo
Full Member
***
Online Online

Activity: 868
Merit: 116



View Profile
August 13, 2018, 06:27:49 PM
 #109

Well, I hate those types of question ( like, Bitcoin or gold ...) ,  IMO you must post something different, and  do not be like the other.
Otherwise, there is big difference between gold and the king (btc )  , and  the era of Bitcoin has many advantages and of course it better than the FIAT and gold , and over time there is an evolution in BTC despite that there are always many attacks from some enemies ( like, the big governments ) through some attempts, but it is sure that they will not achieve their dreams.
Bitcoin can surpass everything , especially  when there is a total recogniztion  of cryptocurrencies in many countries.  .   
mushroomjazz
Jr. Member
*
Offline Offline

Activity: 69
Merit: 1


View Profile
August 13, 2018, 10:05:57 PM
 #110

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.

In which sense? It's unclear what you mean exactly. In terms of value? It's already past. In terms of use? It's an entirely different thing. In terms of how it's transacted? Again, entirely different. The only comparison you can realistically draw is the use as a hedge. Bitcoin is increasingly becoming more useful for people who want to protect themselves from political instability, trade war, currency devaluation, populism... you name it.

I agree with what Katherin is saying here that in terms of value, as in value in USD, which is the benchmark most people care about. Whether the comparison is actually apples to apples or apples to oranges, is not irrelevant to most people. When I talk Bitcoin to someone who I know isn't an enthusiast, but also not a hater, one of the first things I say them to get their attention and give validity to our digital friend, is this, "Did you know that Bitcoin is worth more than two or three times than a troy ounce of Gold??", to which they usually reply, "oh shit, you're right", and then I proceed to explain to them about how that fact alone should, and does, give BTC instant credibility, relevance and comparibility to anything that we give a USD value to. Of course, I'm considering all other things as equal. So the fact that BTC HAS surpassed the value of one troy ounce of Gold many times over, should answer your question OP. But, somehow, I think you still are going to be comparing apples to walnuts because if you would have done a little google searching for the value in whatever fiat currency you want to compare the value of XAU to BTC with, you'd have your answer and not ask such obviously apparent questions here. But then again, this is very subjective subject matter Smiley
sumanto
Full Member
***
Offline Offline

Activity: 462
Merit: 100



View Profile
August 15, 2018, 04:43:45 AM
 #111

yes, of course bitcoin in the future will be able to beat the price of gold, because in my opinion the total gold supply is very large and gold is still very easy to obtain so I am sure that as technology develops and increasingly towards the development of the digital world, bitcoin will be able to beat gold.
zoeylee
Copper Member
Jr. Member
*
Offline Offline

Activity: 238
Merit: 1

Semi-Decentralized Exchange


View Profile
August 15, 2018, 01:01:47 PM
 #112

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.
Stop comparing bitcoin and gold both were different things and why not both can stay in the future? Bitcoin is already the most valued currency of the world but it don't have physical structure whereas the gold is metal and it is considered as the most safest investment so we can't compare them anyways.
Yeah i do agree, the value of gold is expensive as time passes by. Bitcoin is another way of investment too. We cannot compare this two for i believe gold is more valuable. I do believe in bitcoin it just like bitcoin market is unpredictable.

▐|   EOS Exchange   |▌          The Exchange for the EOS Community!          ▐|   EOSex   |▌
                    ICO: 15th October to 20th November  |  Free EXP Tokens: Join Bounty!                    
Whitepaper               ANN Thread               Telegram               Twitter               Mobile
hanlap
Full Member
***
Offline Offline

Activity: 310
Merit: 100


View Profile
August 15, 2018, 04:59:35 PM
 #113

It is obvious that the value of Bitcoin is significantly higher than that of the present, although both have a comparable number of exploits. But Bitcoin prices may outstrip even diamonds.
begau
Sr. Member
****
Offline Offline

Activity: 795
Merit: 251


View Profile
August 15, 2018, 05:46:46 PM
 #114

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.
The reserves of gold are very large and the value is also stable, bitcoin is difficult to surpass gold on trust as well as total value. You said it was digital gold, it was just a small part of gold. Grin
Rainbow009
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
August 15, 2018, 08:22:54 PM
 #115

They are two totally different assets with different applications. They is no practical contrast between them. Gold is measured in weight, with a fairly stable price.
Bitcoin's value is determined by the market trend, and it's a digital currency which can not be weighted.
They are also at different levels of adoptions, Gold has been accepted for many years, cryptocurrencies on the other hand d is a new area, with a lot of possibilities.
zero9119
Full Member
***
Offline Offline

Activity: 462
Merit: 100



View Profile
August 15, 2018, 10:24:38 PM
 #116

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.
The reserves of gold are very large and the value is also stable, bitcoin is difficult to surpass gold on trust as well as total value. You said it was digital gold, it was just a small part of gold. Grin
I think that whatever may be happening in the cryptocurrency market because of the small amount of Bitcoin and the increased investment demand, the value of Bitcoin's strong growth in the future is quite possible. . I put great faith in this market and I think it will be the future of the world currency.
Nanot
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
August 16, 2018, 02:46:44 PM
 #117

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.
Yes i can also say that bitcoin was understemated but i can also say that bitcoin was become more higher and valuable in ne near future because i believed that it will be the next era  payment sysytem and currency whole over thw world. I do belived in that that bitcoin will reciver and be higher in the years comes.

▰▰▰▰ me token ▰▰▰▰
▰▰ WHITEPAPER ▰▰▰▰   The Social Commerce Revolution  ▰▰▰▰ ANN THREAD ▰▰
 ▰▰ WEB SITE  ▰▰ REDDIT  ▰▰ TELEGRAM  ▰▰ FACEBOOK   ▰▰ LINKEDIN  ▰▰
nororiek
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
August 16, 2018, 06:44:14 PM
 #118

The truth is that this technology is a sleeping giant and even in sleep it is being attacked and it withstands it. I am eagerly waiting for the time it will wake, if it can achieve this while asleep , imagine when it is awake....
nidacoinlove
Sr. Member
****
Offline Offline

Activity: 588
Merit: 254


View Profile
August 16, 2018, 07:16:44 PM
 #119

yes, of course bitcoin in the future will be able to beat the price of gold, because in my opinion the total gold supply is very large and gold is still very easy to obtain so I am sure that as technology develops and increasingly towards the development of the digital world, bitcoin will be able to beat gold.
In my opinion it is injustice to compare a tangible asset with an intangible asset. Also price is not always a measure of the quality and survival of everything. They are both assets, there price may go close for sometime but still the price will have no bad effect on both of these assets. Just like everything else they both have positive and negative aspects. The only difference is that gold is ancient asset and BTC is the future.
South Park
Hero Member
*****
Offline Offline

Activity: 3066
Merit: 810


I am terrible at Fantasy Football!!!


View Profile
August 16, 2018, 09:10:32 PM
 #120

yes of course that can happen and I'm sure it's very easy because the condition of bitcoin which has a very limited total supply can of course make the volume and price of bitcoin beat gold.
How exactly is that going to happen? What does Bitcoin has to offer apart from being a method of transaction and investment, but gold has even more to offer and has been around for years or should I just say centuries cause I believe it was right there when the world started and has been used by generations. Bitcoin can’t just jump out from no where and start to top the list. In fact we should stop comparing Bitcoin to Gold, they are two different things.
Bitcoin is also a store of value, it is not the best I will be the first to admit that but almost everyone with the exception of those that invested at the end of previous year is in profits even at the current prices, that should tell you that despite the volatility bitcoin has a very strong tendency to go up in value and this means great profits for those willing to hold it for the long term.
Pages: « 1 2 3 4 5 [6] 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!