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Author Topic: Is bitcoin more important than gold?  (Read 19273 times)

Offline Domithra

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Is bitcoin more important than gold?
« on: March 14, 2018, 04:42:52 AM »
Bitcoin and gold are two different assets which are equally good. Each has its own market capitalization due to their values and demands. The difference between these two assets is a thin line perhaps in terms on their trading and volatility. Bitcoin trading seems to be easily done due to the decentralized blockchain technology. One can send and receive Bitcoin at the comfort of his home in just some few seconds - gold does not offer such fast and smooth trading. On the other hand, the price of gold seems quite stable than bitcoin hence makes investors of gold much sure about the market value than Bitcoin.
What is your opinion on this?
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Is bitcoin more important than gold?
« on: March 14, 2018, 04:42:52 AM »

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Offline khac huy

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Re: Is bitcoin more important than gold?
« Reply #1 on: March 14, 2018, 04:55:51 AM »
bitcoin mới là sự khởi đầu để vượt  qua gian nan và hoàn thiện cần sự giúp đỡ của cộng đồng là thước đo của giá trị là công sức của thời gian để khẳng định giá trị

Offline jekjekey

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Re: Is bitcoin more important than gold?
« Reply #2 on: March 15, 2018, 04:38:56 AM »
I think gold is more important than btc right now because all people are using gold and all people know gold rather than bitcoin because not all people use bitcoin and know it but bitcoin is more valuable than gold because bitcoin value is x2 higher than gold so I prefer bitcoin than gold.

Offline Terry Telford

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Re: Is bitcoin more important than gold?
« Reply #3 on: March 16, 2018, 01:52:11 AM »
Gold will always be important because it's tangible. It's been a stable basis for monetary systems for hundreds of years, but Bitcoin is positioned to become the new global currency and once it stabilizes, it will become a standard (in my opinion). Right now, cryptocurrency is a great way to make money quickly due to it's high volitility.
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Re: Is bitcoin more important than gold?
« Reply #4 on: March 16, 2018, 04:54:21 PM »
Bitcoin and gold are two different assets which are equally good. Each has its own market capitalization due to their values and demands. The difference between these two assets is a thin line perhaps in terms on their trading and volatility. Bitcoin trading seems to be easily done due to the decentralized blockchain technology. One can send and receive Bitcoin at the comfort of his home in just some few seconds - gold does not offer such fast and smooth trading. On the other hand, the price of gold seems quite stable than bitcoin hence makes investors of gold much sure about the market value than Bitcoin.
What is your opinion on this?

Gold is still more important rather than bitcoin, gold was already used as a currency way back before and we know that the price of gold is still high, so if I were ask which is more important, I'm going to choose gold.
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Offline sakib.bro

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Re: Is bitcoin more important than gold?
« Reply #5 on: March 20, 2018, 08:13:19 PM »
maybe bitcoin gain its popularity in recent years
but gold is always a gold
people from decades to decades use the gold as precious metal
so comparing to price gold may be in behind of bitcoin but in compare to demand or popularity gold will be untouchable

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Offline maris02

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Re: Is bitcoin more important than gold?
« Reply #6 on: March 21, 2018, 06:31:54 AM »
Gold is more important than bitcoin, its more valuable than its price and gold price is stable rather than btc.

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Re: Is bitcoin more important than gold?
« Reply #6 on: March 21, 2018, 06:31:54 AM »


Offline Claus

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Re: Is bitcoin more important than gold?
« Reply #7 on: March 21, 2018, 08:14:48 AM »
From what I saw last year, btc overtook Gold on the market. One thing is what Gold can be used for, Btc can't be used for. So to me Gold is more important than Btc

Offline benres

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Re: Is bitcoin more important than gold?
« Reply #8 on: March 21, 2018, 04:20:34 PM »
Gold is a stable asset to hold but needed a big and a secure place to hold while bitcoin is an electronic data or information that we store on the internet with a hardware device that we use to access that information. If we weight the two which one is more important I will choose gold more than bitcoin!

Offline Ronaldinho11

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Re: Is bitcoin more important than gold?
« Reply #9 on: March 22, 2018, 11:24:06 AM »
Bitcoin can't be more important than gold because bitcoin is not stable and the resources are not infinite.

Offline cryptothief

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Re: Is bitcoin more important than gold?
« Reply #10 on: March 26, 2018, 05:57:16 AM »
You can't compare gold and Bitcoin, gold has been around as a unit of value for hundreds (more?) of years. That doesn't mean that Bitcoin can't compete, just be realistic.
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Re: Is bitcoin more important than gold?
« Reply #11 on: March 26, 2018, 10:38:47 PM »
Bitcoin and gold are two different assets which are equally good. Each has its own market capitalization due to their values and demands. The difference between these two assets is a thin line perhaps in terms on their trading and volatility. Bitcoin trading seems to be easily done due to the decentralized blockchain technology. One can send and receive Bitcoin at the comfort of his home in just some few seconds - gold does not offer such fast and smooth trading. On the other hand, the price of gold seems quite stable than bitcoin hence makes investors of gold much sure about the market value than Bitcoin.
What is your opinion on this?
yeah I agree with you both are different and both are good for investment. And market value are different but my research say bitcoin best if we compare between them.

Offline Noverteno

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Re: Is bitcoin more important than gold?
« Reply #12 on: October 03, 2020, 09:22:17 PM »
This is one of the most common topics on this and other similar forums. Most people will even now say that gold is more important to our physical world than virtual bitcoin. However, it is hardly worth comparing them with each other. In fact, these are almost opposite financial assets. Gold is reliable, it has been used by people as a measure of value and a means of payment for many millennia, and bitcoin is still a little over ten years old. It's too early to compare them.

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Re: Is bitcoin more important than gold?
« Reply #13 on: October 07, 2020, 01:31:33 PM »
In my opinion, bitcoin and gold both have their respective advantages. Which is where the investment in both becomes quite attractive. It's just that investing in gold takes a long time to get big profits. Whereas in bitcoin we are very easy to get big profits in a short time.
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Re: Is bitcoin more important than gold?
« Reply #14 on: October 07, 2020, 03:09:32 PM »
To get a faster profit I prefer Bitcoin to Gold, but for safety, Gold Investment can be an option. Bitcoin and gold both have investment value, but Bitcoin has a higher risk and also has a higher potential profit. 
I myself prefer Bitcoin for investment because the price increase of Bitcoin is much faster than Gold, of course that way we can get profits faster too.
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