Gold and Crypto

[naikturun]

it could be but because the price of btc is so volatile for now people still doubt it, and most people use it to look for profits from short or medium term buying and selling.
I also asked whether the price of BTC will always fluctuate or someday it will be stable if it reaches a certain point.

[Murat]

With due respect that I want to say, this type of comparison is not making any sense for me because both have different criteria form a different perspective, we can compare based on the authenticity and acceptability then the case is different, but when you compare Gold with Bitcoin then this issue should not be fair, Bitcoin value is really like a roller coaster on the other hand Gold has a stable increasing value, but for me, for the long term investment, gold is not a suitable thing, I think Bitcoin should be considered as a long term investment.

[nicolas1979]

Like I said everything is possible, but I believe every government has different perspective about bitcoin. Bitcoin can't replacement gold but bitcoin has chance to enter commodity world, the different is only equipment. Gold has good track record since long time a go and more popular as financial instrument for recover asset, bitcoin only has title alternative income and payment. So, let them fight and we only need follow the winner.

[nutriagrigia]

Like I said everything is possible, but I believe every government has different perspective about bitcoin. Bitcoin can't replacement gold but bitcoin has chance to enter commodity world, the different is only equipment. Gold has good track record since long time a go and more popular as financial instrument for recover asset, bitcoin only has title alternative income and payment. So, let them fight and we only need follow the winner.

the winner in this battle is obvious to me. gold is not too convenient to be a tool for storing money. it is not convenient to transport it and it is not convenient to hide. any gangster can come and steal your gold. just now many people do not understand this. time will come and bitcoin will dominate

[Mega_crypto]

Hi PEPs I am here to talk about GOLD. The valuable metal has been utilized by various developments and it has helped people to store an incentive during times of financial vulnerability. The fundamental inquiry is whether Bitcoin (BTC) will ever have the option to turn into a comparative resource for ensure clients' worth or other Coins that claimed to be backed by real gold can actually live up to that standard? willing to hear from you guys

Let's argue this way: if a cryptocurrency payment system is an alternative to a dollar financial system, then stability needs an analogue of gold, so that in case of a sharp depreciation, a reserve is maintained. Then we understand that bitcoin performs the function of virtual gold without any intrinsic value.

[anjiitem]

Gold and Crypto in my opinion are clearly different, and if asked to choose I would choose to invest in gold but this does not mean that crypto is not good for investment. But here crypto has the advantage that we can get profits many times over and fluctuating market conditions make us able to get profits with a greater amount if we can become an opportunity by determining the right point to buy and sell the coins we have.

[Eclipse26]

Like I said everything is possible, but I believe every government has different perspective about bitcoin. Bitcoin can't replacement gold but bitcoin has chance to enter commodity world, the different is only equipment. Gold has good track record since long time a go and more popular as financial instrument for recover asset, bitcoin only has title alternative income and payment. So, let them fight and we only need follow the winner.

the winner in this battle is obvious to me. gold is not too convenient to be a tool for storing money. it is not convenient to transport it and it is not convenient to hide. any gangster can come and steal your gold. just now many people do not understand this. time will come and bitcoin will dominate

It's because they have different usage. You can use bitcoin in paying things if they accept bitcoin. While gold, it is unusual to see someone paying gold when buying things. The thing is gold is a natural resource, it's from nature so I believe it wouldn't lose its value as well as being more stable than bitcoin. It can be used for jewellery that can be very expensive and valuable. While bitcoin is very volatile, it is more for online and peer-to-peer transactions.
I would say that bitcoin can't be valued as gold just because it isn't from nature. And right now, some governments are still against crypto.

[ajeef]

Like I said everything is possible, but I believe every government has different perspective about bitcoin. Bitcoin can't replacement gold but bitcoin has chance to enter commodity world, the different is only equipment. Gold has good track record since long time a go and more popular as financial instrument for recover asset, bitcoin only has title alternative income and payment. So, let them fight and we only need follow the winner.

I don't think cryptocurrency could specified as commodity because i never heard a commodity with no physical form. Bitcoin and other cryptocurrencies is just like a payment money but the price movement is much more agile that's why people are using it for investment

[alyssa85]

Hi PEPs I am here to talk about GOLD. The valuable metal has been utilized by various developments and it has helped people to store an incentive during times of financial vulnerability. The fundamental inquiry is whether Bitcoin (BTC) will ever have the option to turn into a comparative resource for ensure clients' worth or other Coins that claimed to be backed by real gold can actually live up to that standard? willing to hear from you guys

The price of gold is manipulated even more than the price of bitcoin.

I really think that people will move away from gold (apart from owning jewellery) because it's basically very difficult to buy and sell.

[sazonk]

BTC and Gold are two different things, but both have the advantages and disadvantages of it. Gold and BTC cannot be juxtaposed but if they are compared they can. Due to the rapid increase in price to thousands of percent in 2017, Bitcoin is often dubbed as Digital Gold. Likewise, many people align Gold and Bitcoin when choosing investment assets, then question which ones are more profitable, which are safest, and have the possibility to enrich their owners. In fact, there are many striking points that emphasize the difference between Gold and Bitcoin. Gold prices are more stable than bitcoin, demand for gold comes from more diverse sources, bitcoin is created with computers and software, while gold is a natural resource. It is clear from both of them that they have asset values ​​and can be used as investments. Personally, I chose to make my final goal to get gold as a long term savings rather than bitcoin.

[mrdeposit]

In my opinion Bitcoin does not have the option to change in gold. because Bitcoin does not yet have government authority in backing up in the form of gold. Moreover, not all countries recognize Bitcoin as a medium of exchange that replaces virtual currencies. I think it needs further study in the future.

I think government has nothing to do with this. Today I can invest in bitcoin without government regulation. It is about bitcoin itself. Because if you put the money you have earned for years in bitcoin, you could lose money in a few hours. However we cannot blame it in this regard, it takes more years for bitcoin to be less volatile like gold, which took centuries for gold to become present status.

[Edraket31]

BTC and Gold are two different things, but both have the advantages and disadvantages of it. Gold and BTC cannot be juxtaposed but if they are compared they can. Due to the rapid increase in price to thousands of percent in 2017, Bitcoin is often dubbed as Digital Gold. Likewise, many people align Gold and Bitcoin when choosing investment assets, then question which ones are more profitable, which are safest, and have the possibility to enrich their owners. In fact, there are many striking points that emphasize the difference between Gold and Bitcoin. Gold prices are more stable than bitcoin, demand for gold comes from more diverse sources, bitcoin is created with computers and software, while gold is a natural resource. It is clear from both of them that they have asset values ​​and can be used as investments. Personally, I chose to make my final goal to get gold as a long term savings rather than bitcoin.

Yes, exactly they are different in different ways that's why if given the chance no need to choose whether a gold or crypto as we need both of them and we really need to take risk in investing, either gold, crypto, real estate or both of them, because those who are not doing any investment at all are usually those who are just earning for a daily living, very low to success.

[romanij]

Hello! I think gold as it was and will remain in first place for storing money. Bitcoin will also be valuable over time and you can also save your money in it. But this will not happen soon. I think in the future Bitcoin will be very valuable and there will not be such strong drops and highs in value. And we will wait for the time when cryptocurrency finally becomes popular.

I partly support your idea. I think that the situation will be similar to the one that is happening now. We have a dollar that is absolutely not tied to gold and original gold. The same situation will be in the cryptocurrency industry. It will just be digital gold-bitcoin and ordinary gold which will represent a physical value.

[cassavachips]

Bitcoin will remain a fluctuating cryptocurrency and is very far away if compared to gold, after all, there is now a GOLD project that is really made commensurate with real gold, the price is also the same as real gold and this project is digital gold

[Kambal2000]

Bitcoin will remain a fluctuating cryptocurrency and is very far away if compared to gold, after all, there is now a GOLD project that is really made commensurate with real gold, the price is also the same as real gold and this project is digital gold

So far now, we can say that way because the adoption of crypto has not yet even at 5% of the total population, but when time comes, still we can say that it will be worth it if took some risk investing in crypto, as we know in crypto, the higher the demand the less supply, the price will be pretty amazing, and we can more, sometimes unexpected, we just need to choose the right one.

[bobitza]

Where do you choose gold and cryptocurrency? Of course, in cryptocurrencies. Gold is stable but not high interest rates. As for cryptocurrencies, you may lose money if you are unlucky. But once the price of profits will be many times more than gold. Be strong investment form.

[Bim abk]

Bitcoin will remain a fluctuating cryptocurrency and is very far away if compared to gold, after all, there is now a GOLD project that is really made commensurate with real gold, the price is also the same as real gold and this project is digital gold

So far now, we can say that way because the adoption of crypto has not yet even at 5% of the total population, but when time comes, still we can say that it will be worth it if took some risk investing in crypto, as we know in crypto, the higher the demand the less supply, the price will be pretty amazing, and we can more, sometimes unexpected, we just need to choose the right one.

the use of crypto is not so much, but with users as big as we can now see the high potential price as it is today. if adoption continues to increase then I believe the price can be high too, while gold has a long life and has been used en masse in the world

[ije07]

bitcoin and gold do not have the same thing as you have questioned above, bitcoin is a profitable investment especially when bitcoin ever reached its highest price last year which made most new investors interested in taking part in it. On the other hand, bitcoin has a limited supply, so there are still opportunities for high profits when the BTC supply is reduced. while gold is also a profitable investment every season, you do not need to worry if you invest your money in gold, and not as risky as investing in crypto.

[pantek talacuik]

Where do you choose gold and cryptocurrency? Of course, in cryptocurrencies. Gold is stable but not high interest rates. As for cryptocurrencies, you may lose money if you are unlucky. But once the price of profits will be many times more than gold. Be strong investment form.

It's a condition of crypto to have a surprising price for you. sometimes it makes you surprised to see prices go down or prices go up fast. If you have heart disease maybe you will feel the fear of falling prices.

[sovie]

The speculative and volatile nature of Bitcoin is the main reason why bitcoin despite so much expensive cant be seen as an asset of storage like Gold. If bitcoin becomes stable, storing a value will be so easy and secure. You don't need bank lockers to store value like gold rather securing your bitcoin key will all you need.