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Author Topic: Bitcoin with real gold  (Read 29790 times)
Maruf Nazir
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January 11, 2019, 10:19:26 PM
 #101

the difference is that only bitcoin is digital while gold is real. Bitcoin is our modern currency, as we all know that gold is also a currency back then. The truth there is a difference between gold and bitcoin. Bitcoin is a gold digital and can be dig by mining using computer.
Dondont
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January 11, 2019, 10:47:23 PM
 #102

the important thing to note is that the price of bitcoin has a very large price fluctuation, every hour can change quite dramatically, depending on demand and other external factors, different from gold which although the price movements are slow and tend to be stable, but if we calculate in a long period of time, still profitable gold in this matter

WebTera
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January 13, 2019, 07:00:31 PM
 #103

There really is a lot in common between bitcoin and gold. But the reality and materiality of gold gives it some advantage over the digital currency, which is concentrated in the Internet. But you are right, gold is also subject to fluctuations.
Sumo
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January 13, 2019, 07:50:18 PM
 #104

Yes, gold fluctuates much less. But bitcoin was created not so long ago, it is very young and therefore can not yet be as stable as gold, which has passed the test of time.
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January 13, 2019, 07:57:24 PM
 #105

Although gold and bitcoin are constantly compared, I think it is wrong. These are two completely different investments, each has pros and cons. And although gold seems more stable, I still think that investing in bitcoin is much more profitable.
ranman09
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January 14, 2019, 04:59:11 AM
 #106

Why peole always comparing bitcoin and gold? Bitcoin isn't a gold but they have similarities that their price very expensive. That is why all of us wanted to have bitcoin in our hand.

As long as both can give profits to the investor I don't see any problem. I would invest in bitcoin as much as I would invest in gold.
ophyrim
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January 14, 2019, 06:33:55 AM
 #107

A big financial economic crisis is near for world economy. The bubble is going to be burst in near the future. Gold and BTC are two safe harbors. Buy gold and BTC(especially BTC while the price is relatively cheap) don't stay in fiat and never use the banking system.
Colan Zolo
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January 14, 2019, 07:56:29 AM
 #108

Both of them do have advantages, even though the bitcoin is rallying down but I still see it will provide benefits in time.
Gold does have a more stable value, certainly many also invest in gold.

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Dondisimo
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January 14, 2019, 09:26:29 PM
 #109

But still gold is a more stable method of investment, because it has already passed the test of time for many centuries. Therefore, gold is more trustworthy than bitcoin. But this does not mean that it is better, it's just two completely different investments. And everyone has to choose what suits him more. For example, I prefer to invest only in cryptocurrency, because I see much more prospects in this.

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Yield7
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January 14, 2019, 09:40:07 PM
 #110

people Don't realise that btc Will become new Gold standard.
new Age Gold standard.
btc is new world digital Gold.

there is 80% btc allready mined.
Only 20% left More to mine.

You Can Only imagine what Will happens with btc Price When it Will be all mined!!

Now Days Rich and wealthy People hold Gold.
in future the very Rich and wealty Will hold the btc.

Bitcoin is prepared When Financial Clash Will happening.

the actual use of Gold Not So Good.. btc is much More Better much More safer and much More liquitity!!

btc is Here to Stay and the btc bulletproof. 

and Yes btc Will be new gold. 

Becouse the World needs new Gold.

Yield7
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January 14, 2019, 09:46:20 PM
 #111

meantime... all this wallstreet guys Will Not approve the ETF Not just yet.

but Wait When the 20% is mined then the Wall street and Bankers Will Come out from the Shadows.

So that Information is allready worthed millions IF Not Even billions!!

is Wonder IF im doing Right Thing to let it out So Good knowledge Here Smiley

but Only God Can Judge me, Right?

Remember knowledge is power!
CryptoKush
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January 14, 2019, 11:25:05 PM
 #112

https://cryptocoinspy.com/j-m-bullion-accepts-bitcoin-btc/
I think that the exchange of Bitcoin for gold is positive news for investors. If gold is changed to Bitcoin, this means that Bitcoin needs to be bought.
beami
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January 15, 2019, 02:15:03 AM
 #113

https://cryptocoinspy.com/j-m-bullion-accepts-bitcoin-btc/
I think that the exchange of Bitcoin for gold is positive news for investors. If gold is changed to Bitcoin, this means that Bitcoin needs to be bought.

News that attracts bitcoin can buy gold bars, but that's for bitcoin, doesn't accept altcoins. Slowly but surely the development of crypto is starting to be seen and gold can be bought with bitcoin, of course, later it will lure other companies to accept bitcoin as a real transaction tool.

Lexurdania
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January 15, 2019, 06:58:49 AM
 #114

Right now, gold more popular and more acceptable than bitcoin because gold already used as investment instrument for centuries. But i am believe in the future, when bitcoin popularity growing, people prefer choosing bitcoin because its more secure and safe

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January 15, 2019, 08:02:50 AM
 #115

Bitcoin and gold have good values, both have a future. Gold is valuable, but for long-term investment, it is not necessarily a big profit because the value looks more stable. Bitcoin value is always volatile and can explode anytime and is indeed good for investment.
kogozer714
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January 16, 2019, 01:31:56 PM
 #116

a good comparison to be an equation, with useful benefits in the future because both are feasible for the long term the price will be very large. most of now investors who know about bitcoin are investing in bitcoin to get a bigger profit than gold.
ololajulo
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January 16, 2019, 01:38:02 PM
 #117

I thought we have gone pass the comparison until bitcoin price drop this low again, we might discuss this for a while again while bitcoin gets back on its feet. Its a contemporary argument.

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January 17, 2019, 09:38:06 AM
 #118

Right now, gold more popular and more acceptable than bitcoin because gold already used as investment instrument for centuries. But i am believe in the future, when bitcoin popularity growing, people prefer choosing bitcoin because its more secure and safe
I think one of the reason for gold to be popular among investors are because people could always have the choice to make gold into luxury jewelries and they could wear the jewelries as luxury fashion accessories to attend important events, so I would not really compare gold with bitcoin since both of these assets does have their own advantages, and I do invest in both gold bar and bitcoin at the moment too.

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marjil
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January 17, 2019, 11:26:23 AM
 #119

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

How do you know this? The production of gold has been stable for many years and so has mining bitcoin which incurs costs of the mining rigs, which is an initial outlay, followed by ongoing costs which is the cost of the electricity.

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January 17, 2019, 11:58:37 AM
 #120

There really is a lot in common between bitcoin and gold. But the reality and materiality of gold gives it some advantage over the digital currency, which is concentrated in the Internet. But you are right, gold is also subject to fluctuations.
I think bitcoin is more profitable than gold now. It would be good if we can judge ourselves whether it matches gold or bitcoin depending on the beliefs of each
Are you sure about that? when the price of bitcoin declines especially last year, can you benefit? I think some of the bitcoin investors in the past year were very alarming. Some of them go and sell in a state of loss, and I just want to know, does investing in gold have the same risk as bitcoin? gold is still the ideal place to invest. However, I always remember about high risk, high profit and low risk and low profit, maybe that's the only difference between bitcoin and gold.
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