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    Author Topic: Bitcoin VS. GOLD  (Read 4357 times)

    • tentara pelajar
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    May 21, 2018, 04:51:05 AM
     #601
    Limited bitcoin supply, where there will be only 21 million Bitcoins spread across the globe. Bitcoin is not created by the Central Bank government, but by an unknown party whose true identity. Bitcoin is not produced or controlled by an individual, group or company. Bitcoin is impossible to duplicate or counterfeit. Bitcoin is durable and not easily destroyed, obtained by mined, but using a mining program and a mathematical algorithm. In addition bicoin can also be transacted worldwide, transactions are irreversible, meaning once Bitcoin is given to someone else's hand, the transaction can not be canceled unless the person is willing to send the Bitcoin back. It can also be exchanged and traded with various currencies in the world. Of the advantages and benefits of bitcoin is in my opinion, bitcoin better than gold and will not be replaced by gold.

  • dragon 88
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    May 21, 2018, 05:26:40 AM
     #602
    BITCOIN is the only digital currency on the internet but its real value, bitcoin price is very fluctuation can rise and fall at any time, GOLD a real item we can hold it, gold has a good price in the market its price is very stable

  • olatslodi
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    May 21, 2018, 06:09:43 AM
     #603
    Bitcoin is a decentralized digital currency that exist on a network of computers. For me I just pick bitcoin because bitcoin help me so much in many ways that's why bitcoin is much more near to my heart. Moreover, all countries have agreed that gold as a wealth asset.

  • adadaorlina
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    May 21, 2018, 06:42:48 AM
     #604
    Bitcoin is a decentralized digital currency that exist on a network of computers. For me I just pick bitcoin because bitcoin help me so much in many ways that's why bitcoin is much more near to my heart. Moreover, all countries have agreed that gold as a wealth asset. Even more people are open to gold than bitcoin.

  • mix max
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    May 21, 2018, 06:43:40 AM
     #605
    Probably, because I think gold will still be the best for most people. Besides bitcoin is also probably a bubble that will explode and its value will go down or even die. Although the current value of bitcoin far exceeds the value of gold, but it is very volatile and gold is more stable value than bitcoin.

  • upisdown
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    May 21, 2018, 07:10:50 AM
     #606
    Gold is not for nothing called a precious metal. It does not enter into chemical reactions and is one of the most durable materials on the planet. Bitcoin, theoretically, can be destroyed if certain circumstances develop during the mining. So far, such situations have not arisen.

  • coinriver
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    May 21, 2018, 08:09:19 AM
     #607
    Bitcoin is impossible to replace gold, gold is based on physical gold, bitcoin is only virtual digital currency, price is only a few people malicious speculation high! After thousands of years of gold, its position of value preservation is unshakable!

  • MudahDanHemat
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    May 21, 2018, 08:09:54 AM
     #608
    Bitcoin will be the best and better than gold. However the bitcoin has a better and more practical character than gold. After all the bitcoin value will continue to rise, if the drop is still normal and it is still above the price of gold. So in my opinion, bitcoin will not be replaced by gold.

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    May 21, 2018, 08:14:41 AM
     #609
    I don't think Bitcoin will be able to replace Gold, Bitcoin is here not to replace anything but to make it better, better payment options, better financial system, better investment and trading platform. And these two are totally different in form, remember gold is physical and has value and other purposes, same goes for Bitcoin, has great value and other purposes but in digital form, not physical. Both have good use and value so no need to compare or replace anything.
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  • ReindeerOnMe
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    May 21, 2018, 08:16:34 AM
     #610
    Quote from: Blackmet on May 20, 2018, 08:02:56 AM
    It's wrong to compare bitcoin in gold because people using both in different cases. Gold is better for saving money , bitcoin is better for multiplying owners goods.

    I think it is normal for them to compare these assets since a lot of people are trying to find new ways to invest their money at that will give them good results and since Bitcoin is a new hype, a lot of people want to risk their money their but Gold is also a good investment. A lot of good and intellectual investors say that metals are good investment, that also includes gold.

  • Darker45
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    May 21, 2018, 08:25:03 AM
     #611
    Quote from: Cryptokobi on October 15, 2017, 07:03:15 AM
    Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
    Some analyst  say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
    I did my risk mangment and split my investments, boght PAX coin to be on the safe side.


    link for more info: https://payperex.com



    LOL. After a winding road, it all ended with you promoting PAX coin. Nice spiel. I have not exerted enough effort to get to know the PAX project better although I have already read it somewhere. Anyway, I guess there is no war happening between Bitcoin and Gold. It is actually your head which is at war with itself as to which one is a better investment. But there will always be advantages and disadvantages in both.
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  • mcqueen95
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    May 21, 2018, 04:05:22 PM
     #612
    Gold is better at holdings its purchasing power, and has much lower daily volatility. Bitcoin/dollar volatility has averaged almost seven times that of gold in 2017, the bank said.

  • PawanAggarwal
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    May 21, 2018, 04:52:31 PM
     #613
    Both of the things "Bitcoin and Gold" are similar in many ways but also very different in properties. Gold has a physical property, it can be touched, kept in any place, moulded for jewellery but Bitcoin is a digital form of data. It can be stored/locked online or any hardware. Both of the things, are very expensive and hard to earn.

  • hoangyoyo
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    May 21, 2018, 04:54:20 PM
     #614
    Bitcoin unable to replace coin.  Grin

  • Ayaancool
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    May 21, 2018, 05:02:12 PM
     #615
    Bitcoin and gold is the two extreams of investment policies. Bitcoin is a crypto currency which does not have any physical apppearence. And comparitively bitcoin is the only investment that offers high return from  their investments. In case if bitcoin we have to afraid hacker's  and in case of vold we have afraid thief's.

  • ParveZ219
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    May 21, 2018, 05:23:11 PM
     #616
    Quote from: Cryptokobi on October 15, 2017, 07:03:15 AM
    Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
    Some analyst  say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
    I did my risk mangment and split my investments, boght PAX coin to be on the safe side.


    link for more info: https://payperex.com


    Both are incomparable ...Gold will never go to zero value but Bitcoins may go....where as gold is an asset but bitcoin can also be asset but a risk always stays..Now gold's value will be greater as it can go to extinct...but Bitcoins will not.

  • Mr PBJ
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    May 21, 2018, 05:25:52 PM
     #617
    Bitcoin Gold compares both Grin Grin Grin

  • Peashooter
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    May 21, 2018, 05:26:16 PM
     #618
    Quote from: Cryptokobi on October 15, 2017, 07:03:15 AM
    Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
    Some analyst  say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
    I did my risk mangment and split my investments, boght PAX coin to be on the safe side.


    link for more info: https://payperex.com



    In my opinion, gold and bitcoin won't compete against each other since they are working on different natures of finance. Gold is also being used as a material for electronics and metal wares while bitcoin works more likely of course in digital market. In investing wise, I approve more to bitcoin because gold is harder to transport and more expensive to store.

  • Chacon994
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    May 21, 2018, 05:27:52 PM
     #619
    Quote from: Cryptokobi on October 15, 2017, 07:03:15 AM
    Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
    Some analyst  say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
    I did my risk mangment and split my investments, boght PAX coin to be on the safe side.


    link for more info: https://payperex.com


    Bitcoin was only created in 2009, but gold is a valuable asset that has existed for a long time. Bitcoin can not compare to the value of gold. If there is no internet then Bitcoin will end but gold will always exist

  • makolz26
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    May 21, 2018, 05:45:06 PM
     #620
    Quote from: Chacon994 on May 21, 2018, 05:27:52 PM
    Quote from: Cryptokobi on October 15, 2017, 07:03:15 AM
    Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
    Some analyst  say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
    I did my risk mangment and split my investments, boght PAX coin to be on the safe side.


    link for more info: https://payperex.com


    Bitcoin was only created in 2009, but gold is a valuable asset that has existed for a long time. Bitcoin can not compare to the value of gold. If there is no internet then Bitcoin will end but gold will always exist

    Gold is controlled by the government so there is security with your investment since they are balancing the value making sure that you won't lose that high and you will just earn in a conservative way, but in gold you can earn unlimited but you can lose as well too, depending entirely in the demand and supply.
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