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Author Topic: Bitcoin with real gold  (Read 29748 times)
lrvjvt
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December 27, 2018, 08:19:03 AM
 #41

There are always people who like to compare bitcoin with gold. In fact, they are two completely different things. The value of gold comes from its scarcity. It is a rare metal on earth.
People always think that "a small amount is good",but we can imagine that if one day we can go to other planets to mine gold, and some planet is full of gold, then the value of gold will be greatly reduced.
Bitcoin is a perfect currency structure, and its total amount is limited. Even in the entire universe, it is only 21 million pieces.

Yes, bitcoin is certainly better than gold. Its total amount is limited, but I don’t think all "limited" things must be good. In fact, bitcoin is really worthy because of its mining system and trading system. This is a very close relationship. Human history has never been so systematically designed like this trading model. This is its novelty.
For gold, we can't assume that it will be mined at alien planets. Based on the current technology of mankind, even we can't even mine 80% of the gold on the planet, so it is still valuable.

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December 27, 2018, 08:37:21 AM
 #42

Bitcoin is a digital asset, which can be accessible any where in the world, without any stress or Physical load to carried out when buying or selling process, hence bitcoin still the best, secondly the current price of bitcoin falling is not permanent, which is the best time to invest.
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December 27, 2018, 09:15:11 AM
 #43

Bitcoin is a digital asset, which can be accessible any where in the world, without any stress or Physical load to carried out when buying or selling process, hence bitcoin still the best, secondly the current price of bitcoin falling is not permanent, which is the best time to invest.
bitcoin and real gold are almost the same and I think it matches the investment that has existed so far and the selling price is slightly different I think this rival duel will wrestle until the future
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December 27, 2018, 09:50:56 AM
 #44

I have seen Bitcoin and gold graphics, they really look like something, and as an asset they are both worthy.
Yes you are right, I also think that bitcoin and gold are also feasible, do you think there is a connection between the two?

I think the two things are very different, gold has a price that continues to increase from time to time, price fluctuations are very thin in it so that in the past, gold has become a thing that is still feasible to use up to now, different from Bitcoin which of course we need internet network to access it

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December 27, 2018, 09:58:51 AM
 #45

Although gold can get down and up again, people still would like to invest in gold than in bitcoin because they know gold for a long time ago and gold is the best investment for them. They still prefer to invest in gold because they think that from time to time, the gold price will not decrease and will only increase. But some of them are trying to invest in bitcoin, and we see that they are a new investor in bitcoin. But still, bitcoin and gold are not the same, and the purpose of bitcoin and gold is different too.

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December 27, 2018, 10:17:31 AM
 #46

Nothing is perfect, each of all certainly has its own advantages and disadvantages, here it is clear that people really need can be able to take advantages of all its strengths/advantages and can be able to knowing more their development from time to time.
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December 27, 2018, 10:47:54 AM
 #47

I chose Bitcoin because I live a modern life and I think gold has lost the era with bitcoin today and it would be nice if we could stabilize bitcoin from gold because gold was outdated that the way we used to live in modern era do not be outdated and do not lose to the country developed countries
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December 27, 2018, 10:56:37 AM
 #48

I choose bitcoin because the selling price is expensive, not cheap if gold is a little cheap and unstable investment time and I think bitcoin is more favored than gold because it lost the era of the modern era in my opinion so
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December 27, 2018, 01:31:47 PM
 #49

I never agree with everyone who says that bitcoin and gold are the same, because we can see that the bitcoin is the digital asset and all people that use bitcoin us just people that know and curious about technologies, and gold have the real physic and it can used for jewelry. every people can have real gold, not like the bitcoin

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December 27, 2018, 02:00:09 PM
 #50

Of course the value of the gold movement is more stable and not volatile like bitcoin. Bitcoin has a greater risk but bicoin can also provide better benefits than gold.

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December 27, 2018, 02:10:23 PM
 #51

maybe with an explanation that you made you wished that could ease the market in a panic a little, I appreciate that, if I did not conclude your explanation, price fluctuations were a natural occurrence in investment (and I think that price fluctuations attracted people's interest in investment in bitcoin), and you want to say that the drop in prices doesn't mean that bitcoin will end and I agree with that.
Actually what I believe is that this panic only happens to beginner investors, investors who join from early 2018, who invest in bitcoin because they see the phenomenon at the end of 2017, they don't really understand this investment and what they have in their brain is a dream to get rich in one night. so the point is you don't have to worry because actually with the drop in the price of bitcoin, we can see which are the real investors and who are dreamers
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December 27, 2018, 02:19:12 PM
 #52

Bitcoin has much a higher upside at this point.  Can you see gold doing a 4x from the current price? Probably not.  A 4x for bitcoin would still leave it under the all time high with a marketcap much lower than gold.  I'm not saying to go all in on bitcoin but the potential gains are much better for crypto.
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December 27, 2018, 02:51:03 PM
 #53

I never agree with everyone who says that bitcoin and gold are the same, because we can see that the bitcoin is the digital asset and all people that use bitcoin us just people that know and curious about technologies, and gold have the real physic and it can used for jewelry. every people can have real gold, not like the bitcoin
I guess it is a process, gold can be recognized by everyone and even many people be very fond o, it because their government accepts and recognizes gold as a valuable item. Same with Bitcoin, when many people want to use bitcoin and especially the government recognizes that bitcoin has value then sooner or later everyone will be fond of bitcoin. The problem with the relationship of bitcoin is inseparable from technology, so it is an easy matter, everyone already has a smartphone and internet, with these two tools you can turn things around, I mean every thing you do not know then both devices can be a bridge to know what do you want to know.
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December 27, 2018, 02:54:55 PM
 #54

I say gold is real physical but not the same as bitcoin, but I would assume bitcoin is digital gold in my opinion even though other people's opinions are different from mine, I don't force it so I think bitcoin and gold have something in common

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December 27, 2018, 03:34:19 PM
 #55

Bitcoin and gold do have similarities, the investment value fluctuates according to market demand, but if we look at other investments such as a plot of land, maybe this land investment will increase in price every year.
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December 27, 2018, 04:02:25 PM
 #56

many people say Bitcoin has an investment value better than gold or dollars, the reason is cryptocurrency circulating with a very limited amount and has a maximum supply while gold can still be mined continuously and money will continue to be printed

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December 27, 2018, 04:12:59 PM
 #57

actually both of them are the same, both are worthy to be used as very valuable assets, because bitcoin and gold have quite satisfactory values
I don't think so, bitcoin is very different from gold. Everyone can get to know gold easily because they see directly their physical form, while bitcoin, you do not explain simply about the characteristics of bitcoin. Everyone needs time to get to know bitcoin at least they believe that bitcoin has value. So, everyone will choose gold as a valuable item, for ordinary people, bitcoin is just an technological illusion.
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December 27, 2018, 04:43:16 PM
 #58

Change is the only thing that won't change in this world,so nothing in this world will be able to hold its position constantly even if it bitcoin in crypto currencies and gold in metal,so we don't need to compare one with other,it will be at top when its time comes.

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December 27, 2018, 06:01:10 PM
 #59

Gold and bitcoin are two investment choices, those who prefer speculation can choose bitcoin because they can get better profits, and those who want low risk can choose gold.

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December 27, 2018, 06:16:12 PM
 #60

Bitcoin and gold have good similarities and both are obtained by mining but unlike gold, bitcoin does not have physical existence as bitcoins are cryptocurrencies which are transacted by sending through nodes. Both Bitcoin and gold are good investment assets and the value of bitcoins will keep on increasing due to high demand for bitcoins in the cryptocurrency market.
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