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Author Topic: can bitcoin in the future surpass gold?  (Read 2449 times)
vickybitcoin
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September 10, 2018, 03:19:22 PM
 #221

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.
Well personally in terms of value one could compare bitcoin and gold. Possibly it con in the future i hope so. Fingers crossed.
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September 10, 2018, 03:26:03 PM
 #222

I feel it is likely to take place in the future with its vast global impact that in the future its value will surpass that of gold. In the future there may be a boom of bitcoin in the currency. Many countries know and use. So overcoming the value of gold is one thing sooner or later
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September 12, 2018, 05:26:40 AM
 #223

Yes i can belief that butcoin us the best for crypto curency market. There are many kinds of currency of bitcoin is the best crypto for us. If you invest bitcoin and hold for future i am sure this bitcoin us our future.
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September 12, 2018, 10:58:22 AM
 #224

I think the possibility of passing the gold price could occur due to the condition of the total supply of bitcoin which is very clear and can be seen in the circulation of bitcoin so I am very confident that the price of bitcoin will pass the condition of the gold price.


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bonammeo
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September 12, 2018, 03:02:20 PM
 #225

I'm sure it is. In terms of both value and security, bitcoin surpasses all gold. Not to mention bitcoin storage is a lot easier and more convenient than gold.
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September 12, 2018, 07:10:09 PM
 #226

Fair consideration. Gold is more advantageous than bitcoin in terms of being closer to the people and it is also a necessity in life. But I think, with the increasing popularity of bitcoin and crypto, it will become increasingly close to each other. If people actively explore and confident with bitcoin. It will have that capability.

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September 12, 2018, 11:22:39 PM
 #227

If you look into 43 year Gold vs 5 year BTC you will find that we have exact pattern and correlation with gold. POtentially it can become a digital gold and surpass it, as if it will be accepted as a store of value it will be easier to handle this value with bitcoin.



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daporivera
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September 13, 2018, 01:55:47 PM
 #228

Yeah, I see the possibility of of bitcoin outgrowing the value of gold. Time is an important factor. However by then bitcoin should have had a reliable price.
aloktyagi.gz
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September 13, 2018, 02:23:39 PM
 #229

Bitcoins with gold can not be compared in every way like price, effect. Each item has its own value
reflector
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September 13, 2018, 03:34:36 PM
 #230

Oh sad is this thread is still alive in the section? I hope many thread discussed the same thing multiple times.
Even this thread went into much discussion. If this op love then he should take decision to lock the thread or delete it.

Else mods may trash canned this thread soon.


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MahalQu2612
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September 13, 2018, 03:58:48 PM
 #231

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 something that I noticed to your topic mate, which is what do you mean " That the future is for Him"?  Grin
anyway, in the first place Bitcoin is not a human instead it is not neither an object instead it is a virtual currency. While Gold is a kind of object which can be hold also be trade in the market. But as far as I know bitcoin already surpass the value of Gold though their differences was that Gold was already an ancient while Bitcoin is not.

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September 13, 2018, 04:56:19 PM
 #232

While I agree that bitcoin is underestimated, I also agree with the others on not comparing bitcoin with gold. These are two different forms of investment. That said, I do believe that bitcoin will last a long time even though the price is very unpredictable each year.
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September 13, 2018, 08:05:22 PM
 #233

Bitcoin is a risky asset, unlike everlasting Gold.  As a matter of fact I enjoy investing in Gold using Bitcoin... Cool One of the great services offered @ https://www.goldmoney.com/w/888
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September 13, 2018, 09:11:41 PM
 #234

I doubt whether we can compare bitcoin and gold, bitcoin is a currency , gold is an asset. we just want to focus on this technology. digital currency powered by blockchain technology. Bitcoin will be the digital currency that act as the medium of the digital society. Gold has no such a opportunity.
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September 13, 2018, 09:27:08 PM
 #235

I doubt whether we can compare bitcoin and gold, bitcoin is a currency , gold is an asset.

People who think of it as a currency are in a minority. Everyone else treats it as an asset. They hoard it, strive for more of it and would rather spend anything else than that. None of those qualities make for a very successful currency.

For now I'd say it was heavily leaning towards becoming an asset class first and only later could it become a currency. And the inbuilt deflation may make it even less likely to become a currency when it kicks in properly.

As for gold, as long as gold remains the choice for governments and large institutions BTC won't challenge it. It could become the gold of the people though.


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September 14, 2018, 03:18:40 AM
 #236

Bitcoin is a risky asset, unlike everlasting Gold.  As a matter of fact, I enjoy investing in Gold using Bitcoin... Cool One of the great services offered @ https://www.goldmoney.com/w/888

In future, the price of gold will be surpassed by bitcoin but it is always good to invest in both these sectors because when bitcoin is increasing automatically gold will be lower and when the gold is decreasing automatically the price of bitcoin will increase.
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September 14, 2018, 06:23:45 AM
 #237

bitcoin is a digital asset and it is a technology product, where current technological needs are absolute. Crypto decentralization will reduce the distance and costs that might be incurred by third parties. I am optimistic that this will be good for the future but if compared with gold it is very different, depending on the needs of the community to crypto

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September 14, 2018, 06:29:38 AM
 #238

The first thing you need to estimate is the 'market cap' of gold.  As in, the price of an ounce multiplied by an estimate of ounces in existence or circulating.

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September 14, 2018, 07:16:24 AM
 #239

yes of course that is very possible because the condition of the total supply of bitcoin is more limited than the total supply of gold so as to make the price of bitcoin can be very expensive because of the influence of that availability.

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September 14, 2018, 08:09:37 AM
 #240

I think bitcoin which is a virtual currency cannot be equated with gold, because bitcoin prices are fluctuating at any time the price of bitcoin changes can rise high and can also drop dramatically, while gold prices tend to be stable. But bitcoin is more suitable to be called digital asett. All depends on how we choose investment. And I hope that future bitcoin will surpass gold.
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