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Author Topic: Bitcoin with real gold  (Read 29778 times)
ethen0828
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January 02, 2019, 02:16:48 PM
 #81

Over time, the cost of gold production will decrease, but the cost of BTC will become higher and higher.

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January 02, 2019, 02:26:56 PM
 #82

so the point is bitcoin and gold are two things that are very valuable if we have for now and so on.
why should we look for differences if we can unite the similarities.
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January 02, 2019, 02:36:23 PM
 #83

Bitcoin is a gold digital and can be dig by mining using computer,laptop and smartphone. With limited supply i can say someday bitcoin will grow upuch faster than i could imagine right now. So better hold on bitcoin than a real gold.
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January 02, 2019, 02:52:54 PM
 #84

Bitcoin can be consider as digital gold because like gold it is very demanding and today majority of people try to collect gold due to its uniqueness, Increasing value and it is the same for bitcoin because even it is a currency and developed to use for payments we don't see anyone who use it in that way and many try to hold bitcoin rather than spending it so definitely bitcoins is very similar to gold in reality but I hope that will change in the future because I don't want to see a potential currency wasting inside wallets and exchanges without using for real and practical purposes   
andieoke
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January 02, 2019, 03:20:27 PM
 #85

Bitcoin and Gold are the same and different. Bitcoin and Gold are the same, namely having the same investment value and many people are looking for. And the difference is quite far, Gold is a real item, while Bitcoin is a digital item. And because of this, many lay people or people who have missed technological developments do not believe in Bitcoin, even say that Bitcoin is fraud. this is what hinders the development of Bitcoin, because it needs serious understanding if you want to understand Bitcoin. And people who don't believe in Bitcoin, will easily say Bitcoin will end when the price drops.
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January 04, 2019, 01:34:21 AM
 #86

You may find similar aspects between bitcoin and real gold. Both of them have a great value in the market.
But there are many differences between them too. The gold price is very stable while the bitcoin price is unstable or volatile.
Anyway, they are very valuable because their supply is limited, and the demands is huge.

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January 04, 2019, 06:13:50 AM
 #87

Old people with old mindset must be prefer choosing gold as their investment compare bitcoin. But for young age peoples, Bitcoin is a good alternative investment. I think bitcoin can be a store of value like as gold and if this happen, bitcoin price will rising because bitcoin have limited supply
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January 04, 2019, 07:24:06 AM
 #88

Old people with old mindset must be prefer choosing gold as their investment compare bitcoin. But for young age peoples, Bitcoin is a good alternative investment. I think bitcoin can be a store of value like as gold and if this happen, bitcoin price will rising because bitcoin have limited supply


It's true, the mindset of parents tends to see the gold that feels safer and has good value. And we as a person who is happy with the challenge then the bitcoin will be chosen. The challenges in bitcoin give us more creativity and have great potential to explore.

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January 04, 2019, 08:02:21 AM
 #89

The truth there is a difference between gold and bitcoin, considering the price of gold tends to increase every year. but bitcoin has fluctuating prices. so that's a different thing I guess. maybe if for the purpose of explaining to people who do not understand Bitcoin it can be compared that Bitcoin like gold can be invested for the long term but of course the price is a different systematic

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January 04, 2019, 08:13:48 AM
 #90

Old people with old mindset must be prefer choosing gold as their investment compare bitcoin. But for young age peoples, Bitcoin is a good alternative investment. I think bitcoin can be a store of value like as gold and if this happen, bitcoin price will rising because bitcoin have limited supply


It's true, the mindset of parents tends to see the gold that feels safer and has good value. And we as a person who is happy with the challenge then the bitcoin will be chosen. The challenges in bitcoin give us more creativity and have great potential to explore.

The main reason why older people choose gold is because they recognize it while they dont recognized bitcoin or any other cryptos because they older people dont surf the internet  .  we all know that cryptos are only popular online and it is been rarely broadcast on t.v and radios   .

But for us millenials we are always online , thats why we recognize cryptos and at the same time we also heard about gold but most millenials were actually vote on gold because gold is more stable and has a physical form where it can be easily kept or sell .

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January 04, 2019, 09:09:23 AM
 #91

The truth there is a difference between gold and bitcoin, considering the price of gold tends to increase every year. but bitcoin has fluctuating prices. so that's a different thing I guess. maybe if for the purpose of explaining to people who do not understand Bitcoin it can be compared that Bitcoin like gold can be invested for the long term but of course the price is a different systematic
Bitcoin prices also increased a lot when compared to growth of gold but we can't compare it with gold for now since the existence of bitcoin is only for 10 years but gold since many centuries so don't compare gold investments with bitcoin because the return from gold is very less so it is less risky investments.

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January 04, 2019, 09:47:02 AM
 #92

basically many compare bitcoin with gold because many think that has the same potential. I think that this is different. of course, bitcoin is a long-term investment, however, we cannot speculate that the price will change for a long time. it can be said that bitcoin is an investment that is quite risky. while gold, is a long-term investment that has a stable price, and has benefits recognized throughout the region.
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January 04, 2019, 11:45:47 AM
 #93

Bitcoin right now already like commodity and the price always volatiling like others commodity. Gold not too volatile compare with bitcoin price because its already known for centuries and its establish investment. Different with bitcoin, its new market and new investment instrument and i think its natural when we see bitcoin price high fluctuating
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January 04, 2019, 12:49:56 PM
 #94

Bitcoin is our modern currency, as we all know that gold is also a currency back then. The difference is that, bitcoin is digital and is super volatile in nature. Although gold has changes in value, it does not move as passive as bitcoin. Other thing is that, BTC is an investment and currency while gold is an investment and jewelry.

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January 04, 2019, 12:58:59 PM
 #95

Bitcoin is digital asset have speculative price, how many time bitcoin could change and lower price, but some time bitcoin could be on higher price. based on how many investor want to buy or sell bitcoin.
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January 04, 2019, 01:32:40 PM
 #96

Bitcoin exist as both a currency and a commodity and it's commodity features compare to gold just that bitcoin is extremely volatile unlike the relatively more stable gold which is why many prefer to invest in gold than bitcoin. As a currency i think bitcoin far outweighs gold because it can be used to move assets to every part of the world without government censorship but in order to transport just a kilogram of gold one has to go through documentation upon documentation and licensing and pay several taxes,.
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January 04, 2019, 02:06:23 PM
 #97

Gold is material and for this it will end up being extracted in the future, but this will raise the selling price of each gram, the bitcoin in the same way not being material, when it ends the coin's placing on the market, the value will just grow up !!!!
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January 04, 2019, 02:22:39 PM
 #98

in my opinion, bitcoin is almost the same as gold because it can be made an investment, the difference is that only bitcoin is digital while gold is real, in the form of metal. but what I know about gold is that if it is consumed by age, the price will go down while the bitcoin will go up and down depending on the market price rather than the factors above.
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January 06, 2019, 08:53:40 AM
 #99

surely bitcoin and real gold are very different, bitcoin is a technology that was just created in 2009 while real gold already existed when in the past when many people used gold to make exchanges, gold and gold were very different physically so they would never can be equated.

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January 06, 2019, 01:03:39 PM
 #100

What you say I think is not entirely because everything of value is under the influence of the market and the phenomenon of increasing and decreasing all individuals. Bitcoin unlike gold, a digital product cannot be compared to a natural product.
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