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pushups44
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June 03, 2019, 01:53:19 AM |
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Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
The rate of technological advancement gets faster over time, so that 10 years is a very long time span for an innovation like bitcoin. Still, bitcoin has plenty to prove as a nascent technology, but the fact that today it's more expensive than an ounce of gold is an indicator of its potential if it is to gain mass adoption. Every day that it survives it gets stronger. |
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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AjithBtc
Sr. Member
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Activity: 1666
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Vave.com - Crypto Casino
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June 03, 2019, 03:37:27 AM |
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Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
The rate of technological advancement gets faster over time, so that 10 years is a very long time span for an innovation like bitcoin. Still, bitcoin has plenty to prove as a nascent technology, but the fact that today it's more expensive than an ounce of gold is an indicator of its potential if it is to gain mass adoption. Every day that it survives it gets stronger. In comparison to time period of existence and its growth period, bitcoin has experienced a massive growth in a much shorter time period. With gold the same took years and years and if bitcoin survive such a long number of years surely bitcoin will get served everywhere. Starting as a transaction token to an universal currency. As advancement is a continuous process years of survival surely makes the bitcoin along with other cryptocurrencies get stronger and stronger. |
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markj113
Legendary
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Activity: 2254
Merit: 1043
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June 03, 2019, 05:47:45 AM |
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But I can't use my gold to buy pc-parts on my eshop.
yes you can, you can use a glint card https://glintpay.com/ |
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legenduim
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June 04, 2019, 06:21:08 PM |
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Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
The rate of technological advancement gets faster over time, so that 10 years is a very long time span for an innovation like bitcoin. Still, bitcoin has plenty to prove as a nascent technology, but the fact that today it's more expensive than an ounce of gold is an indicator of its potential if it is to gain mass adoption. Every day that it survives it gets stronger. In comparison to time period of existence and its growth period, bitcoin has experienced a massive growth in a much shorter time period. With gold the same took years and years and if bitcoin survive such a long number of years surely bitcoin will get served everywhere. Starting as a transaction token to an universal currency. As advancement is a continuous process years of survival surely makes the bitcoin along with other cryptocurrencies get stronger and stronger. Today, the world has been developing with the speeds that seem really fantastic! 10 years for Bitcoin is really much. This is proof that the cryptocurrency is useful, it is needed now and in the future. You can keep gold if you want, but work with crypto making profits. |
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coin-investor
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June 05, 2019, 03:51:18 AM |
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Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
Bitcoin has a lot to offer than Gold in our times, although it has a much higher speculative nature than gold it's still worth to have Bitcoin than Gold, Bitcoin is moving forward and on a fast-paced, there was a gold rush in the past and now we have a bitcoin rush in the making. |
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emmybd
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June 05, 2019, 05:17:58 AM |
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Well, years doesn't matter. Bitcoin as a project is more valuable than gold now. It is a revolutionary technology and it has got a bright future. I believe in a few years time, bitcoin would be worth much more.
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befriendmywater
Member
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Activity: 658
Merit: 10
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June 05, 2019, 06:41:21 AM |
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Well, years doesn't matter. Bitcoin as a project is more valuable than gold now. It is a revolutionary technology and it has got a bright future. I believe in a few years time, bitcoin would be worth much more.
I do not agree with your opinion. Bitcoin really doesn't have any value, blockchain technology is now a valuable thing. Bitcoin doesn't even get the best technology upgrade, so how can it be a valuable asset? I always believe in developing altcoins and want to expand the potential of the blockchain. In the future, we will not see Bitcoin in the first place. When investors really participate in the crypto market, they only choose businesses that own the best blockchain technology. |
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GJ.COM
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June 05, 2019, 09:50:49 AM |
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gold is an actual material and bitcoin is not  |
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1Referee
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Activity: 2170
Merit: 1427
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June 05, 2019, 10:08:04 AM |
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I do not agree with your opinion. Bitcoin really doesn't have any value, blockchain technology is now a valuable thing.
Stop watching mainstream media. You clearly got brainwashed. The only reason blockchain technology is valuable or exists in the first place, is because of its decentralized nature. Bitcoin is the prime example of that. You don't need a blockchain if you operate a centralized network. Databases are perfect for that. Bitcoin doesn't even get the best technology upgrade, so how can it be a valuable asset?
I always believe in developing altcoins and want to expand the potential of the blockchain. In the future, we will not see Bitcoin in the first place. When investors really participate in the crypto market, they only choose businesses that own the best blockchain technology.
Mind to share what you consider 'the best technology upgrade'? There are already altcoins offering faster and cheaper transactions. No one cares. It really seems to me that you're sour because the fees have grown past what you are generating through faucets and whatnot. Perhaps an idea to spend your time in a more productive/rewarding way? |
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Xampeuu
Full Member
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Sugars.zone | DatingFi - Earn for Posting
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June 05, 2019, 02:00:17 PM |
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Well, years doesn't matter. Bitcoin as a project is more valuable than gold now. It is a revolutionary technology and it has got a bright future. I believe in a few years time, bitcoin would be worth much more.
building trust will bring bitcoin an asset like gold and even more. with the time that only 10 years bitcoin can make international news preach it. and when this revolution is taking place, we are waiting for the next incident |
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Barbut
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June 05, 2019, 02:17:25 PM |
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Gold is just a shiny rock in the end, bitcoin is mathematical process, idea. You cant put bitcoins in the box, you can destroy bitcoin. There are many more differences between gold, some metal, and something thats bitcoin is, literally entire system, world for itself.
I never liked gold, I dont have gold, and I probably never will. I`m into crypto, for me precious metals have a purpose, to be in graphic cards, motherboards, they are good conductors.
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indrakusumaindra
Full Member
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Activity: 728
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The Standard Protocol - Solving Inflation
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June 05, 2019, 06:15:23 PM |
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Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.
well i believe bitcoin are an breakthrough technology and it cannot be compared with gold which is something that used to be a tools of payments. I do think both are completly different and we cant just jump into conclusion that the price will rise only mere of how long its been exist. |
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shield132
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June 05, 2019, 09:02:15 PM |
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But I can't use my gold to buy pc-parts on my eshop.
Great answer to OP's question. Bitcoin isn't currency alone, it's an unique payment method. What kind of payment method gold is? Give thing hand in hand. But what is bitcoin? P2P online transaction which is included in blockchain, protects your privacy and you fully own it, no one can steal it without knowing keys while someone can steal your golds even from your hands and pocket. Years doesn't matter, we were different 1000 years ago, now we are far developed from that era and can say the same on bitcoin, it's far developed payment method and currency compared to gold. |
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anggracoin
Member
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Activity: 490
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freelanex.io
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June 05, 2019, 09:55:14 PM |
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Gold and Bitcoin have different functions so they cannot be compared. Bitcoin can be used as an exchange tool directly to buy goods in online stores while gold does not. In addition, there are no similar measuring instruments to compare the two.
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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June 05, 2019, 09:59:31 PM |
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But I can't use my gold to buy pc-parts on my eshop.
Great answer to OP's question. Bitcoin isn't currency alone, it's an unique payment method. What kind of payment method gold is? Give thing hand in hand. But what is bitcoin? P2P online transaction which is included in blockchain, protects your privacy and you fully own it, no one can steal it without knowing keys while someone can steal your golds even from your hands and pocket. Years doesn't matter, we were different 1000 years ago, now we are far developed from that era and can say the same on bitcoin, it's far developed payment method and currency compared to gold. because bitcoin is a very flexible asset and even though gold and bitcoin have very far different years, it doesn't mean that bitcoin has no benefits in many sectors. currently bitcoin has grown considerably and you can complete transactions using bitcoin quickly and about gold we cannot make it that way because gold is only an investment asset that is only to be hold for the long term |
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DigitalGemToken
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June 05, 2019, 11:12:37 PM |
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The similarity between gold and bitcoin is that they are both a store of value where the inflation is accurately predicted. The difference is that bitcoin is more digital while gold is a physical metal that you can touch. I know this is a very simplistic comparison but at it's core, these are their properties. People tend to hold gold and bitcoin in times of uncertainty or in times where centrals banks print a lot of money precisely because of gold and bitcoin's stable inflation. They are not mutually exclusive, you can hold both gold and bitcoin and fiat currencies all at the same time. ------------------------------------------------------------------------------------------------------------------------------- Digital Gem Token - Mainnet 100% Live A decentralized open source store of value cryptocurrency that is more environmentally friendly and scale able than Bitcoin. The inflation rate is 0.25% per year and uses the Delegated Proof of Stake consensus mechanism. Website: http://www.digitalgemtoken.comBlock Explorer: http://138.197.133.81:4200/#/Wallet: Integrated with the Ark.io Wallet Discord: https://discord.gg/hNcFgb3Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5149229.msg51287198#msg51287198 |
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Nellayar
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Roobet supporter and player!
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June 05, 2019, 11:46:12 PM |
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But still bitcoin is more valuable than gold. Eventhough, gold is more precious than bitcoin. They have both luxurious thing in this world and if you have that you are rich. However, in my own opinion bitcoin is what I need right now since it may be my initial investment as a poor person.
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GJ.COM
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June 06, 2019, 04:03:22 AM |
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God only exist 1000 years? lol
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fauzan Ichsan
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👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
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June 06, 2019, 04:36:47 AM |
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But I can't use my gold to buy pc-parts on my eshop.
Great answer to OP's question. Bitcoin isn't currency alone, it's an unique payment method. What kind of payment method gold is? Give thing hand in hand. But what is bitcoin? P2P online transaction which is included in blockchain, protects your privacy and you fully own it, no one can steal it without knowing keys while someone can steal your golds even from your hands and pocket. Years doesn't matter, we were different 1000 years ago, now we are far developed from that era and can say the same on bitcoin, it's far developed payment method and currency compared to gold. because bitcoin is a very flexible asset and even though gold and bitcoin have very far different years, it doesn't mean that bitcoin has no benefits in many sectors. currently bitcoin has grown considerably and you can complete transactions using bitcoin quickly and about gold we cannot make it that way because gold is only an investment asset that is only to be hold for the long term indeed seeing the development of bitcoin for the past 10 years, we can observe extraordinary developments, even though 2018 has decreased but it is still believed so far we see its development |
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ene1980
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June 07, 2019, 02:12:28 PM |
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You can not compare both gold and bitcoin, they do not have any thing in common, gold is a physical valuable, while bitcoin is a digital asset and Bitcoin has achieved more value in 10 years than gold in 1000 years.
That is a valid point, bitcoin has surpassed the valuation of gold nor anything in the world in a short period of time, there have being wars in the past to loot the wealth and during gold's reign as the supreme metal throughout history, i really do not know how many wars have being fought in the name of gold, but i am sure there were many, can we expect cyber warfare in the name of bitcoin in the future.  |
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