Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: BradSow on December 11, 2020, 10:17:09 AM
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Banking giant JPMorgan said that Bitcoin is making quick inroads in mainstream finance at the cost of gold.
What do you think?
Read article: JPMorgan Says Bitcoin Will Slowly Eat Into Gold’s Market Share (https://www.worldcoinindex.com/news/jpmorgan-says-bitcoin-will-slowly-eat-into-gold-s-market-share)
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I think that thinking makes sense. Where people today think more modern and are completely instantaneous. They want something fast that's easy to access and that they can customize to their liking. So indeed Bitcoin is a solution rather than gold.
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I think Bitcoin will be seen in place of gold in the next few years. Bitcoin will be valued more than gold. Because the popularity of Bitcoin and the price of Bitcoin is increasing day by day, it is expected that Bitcoin will be given more priority than gold. Bitcoin has already exceeded $19,000. There is no doubt that Bitcoin will exceed $50,000 in the next five years.
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Banking giant JPMorgan said that Bitcoin is making quick inroads in mainstream finance at the cost of gold.
What do you think?
Read article: JPMorgan Says Bitcoin Will Slowly Eat Into Gold’s Market Share (https://www.worldcoinindex.com/news/jpmorgan-says-bitcoin-will-slowly-eat-into-gold-s-market-share)
I agree with you. It would not be wrong to compare Bitcoin with gold. Because the value of bitcoin is almost equal to that of gold. From time immemorial, people have kept gold as their capital. Now many people prefer to save bitcoin instead of this gold. I think in the near future it will be introduced that people will save bitcoin as capital instead of gold.
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For now I also agree that Bitcoin has indeed established itself as an alternative asset. The difference is if gold has a stable selling value while bitcoin has a fluctuating selling value so that investors who want quick profit choose bitcoin even though the risk is also very large compared to investing in gold.
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Bitcoin has the advantage of price fluctuations compared to Gold, but Gold is still more secure than Bitcoin. So if we want to get big profits with big risks then Bitcoin can be an option, but if we want to be safe but also have the potential to benefit then choose Gold. I think Bitcoin and Gold have their own market share, they are not going to kill each other. Because there are people selling Bitcoin to buy Gold, and there are people selling Gold to buy Bitcoin.
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Nowadays people all over the world believe in investing a lot more in gold. Bitcoin is very popular nowadays. It is possible to make a lot of profit by investing on Bitcoin. But it is not possible to make a lot of profit by investing in gold. So I think both gold and bitcoin are very valuable.
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Not far from the truth, have you noticed that bitcoin and traditional market were so correlated to the extent that a move in Dow Jones and S&P were similar to Bitcoin.
That's because investors in traditional markets are also buying bitcoin, traders and institutional investors included.
Gold is a old assets that's valuable because of it's a precious metal that's so important in the community, it will keep growing but as times goes on, Bitcoin will become light to everyone financially.
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Banking giant JPMorgan said that Bitcoin is making quick inroads in mainstream finance at the cost of gold.
What do you think?
Bitcoin is better than gold. Because gold price can't move like bitcoin. Even some big gold investors said that they are investing their money on bitcoin too along with gold. Basically bitcoin is still growing up day by day and one day it will be the highest valued asset in this world.
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Bitcoin is becoming more and more popular and in demand and many investors who have invested in gold are now investing in bitcoin, and I am sure that the time will come when bitcoin will be the most popular and demanded currency around the world, but the main problem with bitcoin is that the price is constantly jumping, while gold has stability and reliability.
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I always think Bitcoin is better than gold because Bitcoin is easier to split, not counterfeit, and extremely easy to trade. However, if I give advice to a friend, I would advise him to invest in gold because currently gold is still the best way to store value because price fluctuations are not large. And bitcoin always faces fluctuations in price, no one can predict what will happen to the crypto market tomorrow.
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Bitcoin is much more popular at all times. But gold has been valuable since time immemorial. But now the demand for Bitcoin is much higher all over the world. So I think Bitcoin is much more valuable and important to people all over the world.
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Banking giant JPMorgan said that Bitcoin is making quick inroads in mainstream finance at the cost of gold.
What do you think?
Read article: JPMorgan Says Bitcoin Will Slowly Eat Into Gold’s Market Share (https://www.worldcoinindex.com/news/jpmorgan-says-bitcoin-will-slowly-eat-into-gold-s-market-share)
I agree with you. It would not be wrong to compare Bitcoin with gold. Because the value of bitcoin is almost equal to that of gold. From time immemorial, people have kept gold as their capital. Now many people prefer to save bitcoin instead of this gold. I think in the near future it will be introduced that people will save bitcoin as capital instead of gold.
The fact that bitcoin holders are making a lot of profit is undeniable. But will it be, if not always, then for a certain long time? Nobody can guarantee this. What happens if the bitcoin price stops rising? Once conducted a survey and most said they would not invest in bitcoin if they knew that bitcoin would not rise in price. So this line is very shaky and this should always be remembered.
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In the fact, Bitcoin can make bigger profits than Gold. Bitcoin has volatility, even it is riskier but if we know how to invest properly, then we can have the chance to have much bigger profits. While Gold, is safer, but the chance to have bigger profits looks smaller. There is no big volatility in Gold price.
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If Bitcoin can slowly enter the gold market and occupy that place. Then people will believe in bitcoin more than gold. And in all the countries where bitcoin is not legal, they will gradually invest in bitcoin from gold. If JP Morgan's words are true.
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If Bitcoin can slowly enter the gold market and occupy that place. Then people will believe in bitcoin more than gold. And in all the countries where bitcoin is not legal, they will gradually invest in bitcoin from gold. If JP Morgan's words are true.
Yes bro you are right. If JP Morgan is ever true, I think Bitcoin will be able to take the place of gold. And what is the reason for investing so much in gold ??
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Banking giant JPMorgan said that Bitcoin is making quick inroads in mainstream finance at the cost of gold.
What do you think?
Read article: JPMorgan Says Bitcoin Will Slowly Eat Into Gold’s Market Share (https://www.worldcoinindex.com/news/jpmorgan-says-bitcoin-will-slowly-eat-into-gold-s-market-share)
Don't compare bitcoin and gold, because they are different. Gold is old Investment, more popular and almost all people believed in gold. Bitcoin is virtual, several countries have blocked bitcoin. So, I think It is not fair, if you compare both.
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It goes without saying that there is no difference between Bitcoin and gold at present. But the value of gold was from the past. But in the future, Bitcoin will be valued more than gold. Currently Bitcoin has come a long way. With the popularity of Bitcoin increasing day by day, its price is also increasing. In the next few years, Bitcoin will take the place of gold. Bitcoin will be given more priority instead of gold.
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I think bitcoind and gold are totally different. You by some gold and some Bitcoin and hold this. You have thing Bitcoin are big risky about then gold. Because script market is always up down.
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Bitcoin can certainly be compared to gold. Because Bitcoin is now almost equal to gold. In the past, people used to save gold as capital. Many people now feel comfortable saving Bitcoin like gold. Its circulation will increase rapidly. So I think Bitcoin can definitely be compared to gold.
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What is Bitcoin?
Bitcoin is a decentralized cryptocurrency discovered in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
What is Gold?
The history of this precious metal goes back at least 2,000-3,000 years. While gold is primarily thought of as currency, many ancient civilizations also used it to create jewelry, decorative ornaments and in some cases, even medicinal equipment. Its first documented use as currency was in 600 B.C. by the Turks. This practice continued for a number of centuries until the mid-1800's, when many countries began shifting away from the use of actual gold currency in favor of a system known as the “Gold Standard.” Under this system, individuals could simply use paper money to represent the gold’s value. The US would use this system from 1861 until 1934. Unfortunately, the demise of the gold standard would abolish the use of gold as either a form of currency or as the basis for its currency. Today, gold serves primarily as an investment asset that allows investors to make profits through the fluctuation of its market value.
In many ways, gold is the precious metal counterpart to the bitcoin. Like the bitcoin, gold must be obtained through mining. But, while gold is obtained through physical mining, bitcoins must be “mined” virtually through the deciphering of special computer encryptions. Another similarity is that both gold and bitcoins are only available in limited quantities. It is estimated that there is approximately 171,000 metric tons of gold in the world, while the Bitcoin system will only be able to generate and support a maximum of 21,000,000 bitcoins until further technological advances are made. Given such similarities and their individual market activity over the past few years, it is understandable why many believe that bitcoin could ultimately replace gold in terms of value. However, in spite of this evidence, there are a number of reasons why this shift is unlikely to occur. The first reason that the bitcoin will never replace gold is because it still poses a great deal of financial risk. Despite its recent peaks in market value, the bitcoin continues to experience significant price fluctuation that often results in substantial losses. Furthermore, both the future and the viability of the bitcoin have yet to be determined, leaving many customers wary over the the security of their virtual savings in the event that the system becomes terminated or obsolete. With such instability and uncertainty surrounding the bitcoin, it is unlikely that it will generate the customer base to match, much less surpass, gold as an investment asset. Another reason that the bitcoin is unlikely to replace gold as an investment asset is that the system has yet to achieve full status as a truly "universal" and legitimate form of currency. Many countries, including Germany, Norway, Russia, France, Thailand and Korea, refuse to use the bitcoin for fear of potential loss. In fact, several have gone as far as making it illegal in their country. In contrast, there isn't a country in the world that would ignore the value of gold, much less prohibit its use. Therefore, until the bitcoin can reach the same worldwide level of legitimacy and approval that gold has, it will never be able to replace gold as a valuable commodity. The final reason that the bitcoin is unlikely to surpass gold as an investment commodity is that gold has consistently demonstrated signs of recovery since it plummeted by 28% in 2013. Many people presumed that the sudden drop in gold's market value was an indication that it had lost its status as a safe investment choice. However, a number of signs, such as the increase in debt-to-GDP ratio and the increase in the price of mining, suggest that gold will not only recover from its drop, but it will continue to thrive as a popular investment commodity. Consequently, as long as investors believe that gold can generate profits, they will continue to forgo any other potential replacements.
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Always a warm conversation. Where Bitcoin vs Gold is in my opinion very interesting. For ordinary people, of course many will choose gold. But for modern people who are technology literate and love the digital world, especially those who are familiar with Bitcoin, I am sure that I will choose Bitcoin. The reason is certain because the value of this Bitcoin is higher and even the profits are bigger and faster.
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There are some people who still choose gold as a good investment, they believe that gold will be able to survive and will provide large returns in the future. But actually they don't know that this cryptocurrency actually has much better potential than gold investment.
Many people say that Bitcoin and Gold should not be compared, but in fact many investors choose between Bitcoin and Gold to get profits in the future.
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I think Bitcoin will be seen in place of gold in the next few years. Bitcoin will be valued more than gold. Because the popularity of Bitcoin and the price of Bitcoin is increasing day by day, it is expected that Bitcoin will be given more priority than gold. Bitcoin has already exceeded $19,000. There is no doubt that Bitcoin will exceed $50,000 in the next five years.
Yes, brother, you are right that the price of Bitcoin is constantly rising. So I think Bitcoin will be the best from Gold. If I can hold this coin then I will benefit a lot next time. On the other hand, if I leave gold, its price will not increase and I will not be able to benefit from it. So I think Bitcoin is better than Gold.
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Gold with Bitcoin is often quite an attractive investment choice. for me even though this gold is of clear value and is also very minimal risk, I still prefer Bitcoin. Because indeed digital investment for me is more interesting and more challenging.
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Bitcoin and gold are both very expensive things. However, everyone is very expensive from their place. Such as Bitcoin has its popularity all over the world and it is a very expensive coin. However, this coin is not approved all over the world, but it is very expensive. Gold, on the other hand, is very expensive and is legal in all countries around the world. Everyone can use it. However, Bitcoin is more important to me than gold.
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Gold with Bitcoin is often quite an attractive investment choice. for me even though this gold is of clear value and is also very minimal risk, I still prefer Bitcoin. Because indeed digital investment for me is more interesting and more challenging.
Bitcoin today is a very good asset for investment, for those who invest for a long period and expects to get a very large profit. But at the same time, gold is a safe depository for any asset. Do not forget about this and do the same with your capital.
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Both gold and bitcoin are very valuable. However, in today's world, Bitcoin is much more valuable. Investing in Bitcoin can be more profitable than gold.
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BTC and also Gold are always compared because of their value an also power in the world. However, this happen because one of them really can make a very cool project and its utility. However, I personally will not say one is better because the two are promising and valuable.
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Bitcoin investment is better, it offers a higher chance for bigger profits. I think many people prefer to invest in Bitcoin after they know about the fact of the possibility of getting bigger profits. We cannot deny that it is a big risk of investing in Bitcoin, even it may be riskier than in Gold. However, the chance for bigger profits seems interesting to join than not really big profits to get from Gold.
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Nowadays people all over the world believe in investing a lot more in gold. Bitcoin is very popular nowadays. It is possible to make a lot of profit by investing on Bitcoin. But it is not possible to make a lot of profit by investing in gold. So I think both gold and bitcoin are very valuable.
Yes, I agree bitcoin is more profitable than gold. But bitcoin is also more risky. Bitcoin is modern coin for investment and gold is the legend of Investment. So, I think you can choose which Investment do you want to choose.
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I think that thinking makes sense. Where people today think more modern and are completely instantaneous. They want something fast that's easy to access and that they can customize to their liking. So indeed Bitcoin is a solution rather than gold.
This is a difficult decision when choosing BTC or gold because gold is more stable than bitcoin in the current period. Bitcoin price is very high and very difficult to predict. I believe you will have your own choice
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I think that thinking makes sense. Where people today think more modern and are completely instantaneous. They want something fast that's easy to access and that they can customize to their liking. So indeed Bitcoin is a solution rather than gold.
This is a difficult decision when choosing BTC or gold because gold is more stable than bitcoin in the current period. Bitcoin price is very high and very difficult to predict. I believe you will have your own choice
I think this is very easy to find out, if you want to get a lot of profit from fast coin price movements then you can use it in bitcoin, whereas if you want to store assets for the long term then gold can be the right choice.
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Many feel that comparing the price of Bitcoin to Gold is a better method than comparing it to a fiat currency like US dollars. That is because Gold, like Bitcoin, has a finite supply. Dollars are constantly being printed and will likely never stop, so the supply of dollars is always rising tremendously. One of the most obvious similarities between gold and Bitcoin is the cap on the quantity available. Whereas fiat money can be printed into infinity, both gold and Bitcoin have specific restrictions on the amount that can be introduced into the economy.
It depends on your goals. Bitcoin is a better investment for short-term potential gain—but you also have the potential to lose a lot of money. Gold, however, is a stable investment that is almost guaranteed to return on your investment in the long term.
Perhaps it's time to let more stable sources like nature (gold) and math (Bitcoin) have a crack at solving this mess instead of supposed human ingenuity that is susceptible to mistakes, manipulation, corruption, greed, and other selfish human characteristics.
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Bitcoin investment is better, it offers a higher chance for bigger profits. I think many people prefer to invest in Bitcoin after they know about the fact of the possibility of getting bigger profits. We cannot deny that it is a big risk of investing in Bitcoin, even it may be riskier than in Gold. However, the chance for bigger profits seems interesting to join than not really big profits to get from Gold.
vân tôi tin đầu tư vào BTC tốt hơn vàng nhưng BTC hiện tại đang ở mức giá rất cao và chúng ta không thể dự đoán nó se tăng cao hơn nữa trong thời giang tới. đây là co hội cho các nhà đầu tư ngắn hạn
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It is possible. I believe the very reason is that bitcoin is volatile and there is no chance of losing its value. At this point investors from around the world are keep coming everyday which makes more bitcoin become more volatile and interesting.
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In my opinion, Bitcoin has always been compared to meas. Though the two are very different. Where gold has existed since the time of our ancestors and the risk is very small. While Bitcoin is a new thing, not many people understand and know. Moreover, the risk of investing in Bitcoin is also very high. So I myself also prefer investing in gold.
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Bitcoin investment is better, it offers a higher chance for bigger profits. I think many people prefer to invest in Bitcoin after they know about the fact of the possibility of getting bigger profits. We cannot deny that it is a big risk of investing in Bitcoin, even it may be riskier than in Gold. However, the chance for bigger profits seems interesting to join than not really big profits to get from Gold.
These are the top 2 options for big players because they always value and increase over time. But the price of Bitcoin increased faster and easier to trade anywhere
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Bitcoin is much more popular at all times. But gold has been valuable since time immemorial. But now the demand for Bitcoin is much higher all over the world. So I think Bitcoin is much more valuable and important to people all over the world.
Yes, brother, you are right, I agree with you. We give a lot of priority to gold because gold has been very valuable since ancient times. But now the demand for bitcoin is much higher around the world. So we can say that Bitcoin is very valuable and important to people all over the world.
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Gold has been a safe-haven asset which has the least fluctuations. However, Bitcoin is starting to be termed as the "digital gold". In this article, you will be informed of the differences between the two.
1. Both are rare. Since mining of bitcoin has been halved, all the 21 million bitcoin is said to run out by 2140 while all the gold hasn't been mined out yet.
2. Fake gold is difficult to pass off while Bitcoin's complex algorithms are too encrypted and decentralized to reach as well.
3. Bitcoin is known to be extremely volatile as well, which strikes as a major concern for traders. Meanwhile,gold has a strong standing on its value which makes it a more powerful asset, in this case.
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Gold as an investment asset
If judged by its history, gold is an object that has a value ー especially in long-term investment. One of the reasons why gold becomes an investment asset is that the price and value of gold always goes up.
As a non-renewable resource, the market demand for gold will always be large. In addition, gold is also considered a fairly safe investment because it has minimal risk, especially when the stock market is experiencing a downturn.
Bitcoin as an investment asset
If Indonesia experiences an economic recession, Bitcoin can be an option as a long-term investment asset because of its decentralized characteristics. The value of the Rupiah will fall first if there is decentralization.
Even though the price of Bitcoin fluctuates, the demand for Bitcoin continues to increase. Meanwhile, the supply of Bitcoin will continue to decrease, so the value of Bitcoin will increase.
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I see that as a store of value, BTC has a lot of advantages over Gold. The only problem at the moment is probably its ability to cash out, as some countries currently do not allow BTC transactions.
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BTC is an advanced thing of technology. Gold is a very precious thing that we can gain from the earth. And the two are precious investment as we can set the portfolio. So, whatever they compare, I personally will be really happy to have them all
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So, whatever they compare, I personally will be really happy to have them all
It must be like that because the two cannot be compared and must be owned.
Both of these have their respective advantages and it is certain that if we only have 1 then we will lose.
Gold and Bitcoin are definitely different paths but they do exist in a friendly environment for investment to risk-savvy traders.
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It is very true in my opinion because surely the #DevelopmentTeam from JPmorgan really understands how Bitcoin and various other cryptocurrencies work.
If we think for Gold it is very difficult to trade with a digital system and only some people understand it to do so.
But with cryptocurrency, everyone will easily buy gold with a digital version on the market, for example by creating an Exchange account and buying gold coins that are likened to real gold, namely eGold.
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Bitcoin is becoming an equivalent of gold in the electronic world and is associated with transition from a currency to a reserve asset so as much as the differ they are comparable in many ways according to the rule of not putting all your eggs in to one basket many less conservatives will chose bitcoin for their portfolios which with its scarcity makes interesting times ahead
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Thanks bro made you a nice topic. Yeah Al that sounds pretty crap to me, Looks like gold aint for me either. Because the price of bitcoin is rising more and more, the price of bitcoin wants to go back to the previous price. So I think the current price of Bitcoin is good and will increase more in the future. And thanks to those who have invested in Bitcoin I think success will come in the future
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It is possible. I believe the very reason is that bitcoin is volatile and there is no chance of losing its value. At this point investors from around the world are keep coming everyday which makes more bitcoin become more volatile and interesting.
Thank you brother for your nice feedback. Bitcoin is never a harbor and everyone is investing in what Bitcoin is all about. I think the future of those who want to invest will move towards success.
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Gold is more potential and many people said It is old investment. I see almost all of the world know gold , but for bitcoin, Not familiar at several countries and several countries. Only medium class to up. When the digital era come, bitcoin will be more popular.
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Those of us who are involved in the stock market know what Bitcoin is all about. Both are actually very valuable things that not all countries that have bitcoin legalization actually invest in gold. And do they trust gold more.
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I think Bitcoin is the world's largest cryptocurrency. Gold is a material that almost any nation provides reserves for their country. But for the traders the price of BTC and the profit it gives is much greater than gold. so investors are getting into BTC
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It has been a long time since these two things have been compared. Especially considering that currently Bitcoin is getting real and the better its development. so indeed I am increasingly convinced that Bitcoin is a better investment than gold. Because it will make me rich faster.
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Banking giant JPMorgan said that Bitcoin is making quick inroads in mainstream finance at the cost of gold.
What do you think?
Read article: JPMorgan Says Bitcoin Will Slowly Eat Into Gold’s Market Share (https://www.worldcoinindex.com/news/jpmorgan-says-bitcoin-will-slowly-eat-into-gold-s-market-share)
Gold has been known by all of people. So , don't come more with bitcoin. At several countries bitcoin is not popular. I think Bitcoin will take several years be popular as gold. But I think gold is still the legend of investment.
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Banking giant JPMorgan said that Bitcoin is making quick inroads in mainstream finance at the cost of gold.
What do you think?
Read article: JPMorgan Says Bitcoin Will Slowly Eat Into Gold’s Market Share (https://www.worldcoinindex.com/news/jpmorgan-says-bitcoin-will-slowly-eat-into-gold-s-market-share)
I have asked several old people, The don't know about bitcoin but They known bitcoin well. I think hold is more popular and difficult be replaced by bitcoin. But Everything can be happen at the coming future. Bitcoin has been predicted will have bright future
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I think I would rather choose Bitcoin over Gold because with Bitcoin I only need a private key or a masterseed to keep it my self compared to gold where you have them physically. Bitcoin is more valuable than gold though gold has earned it's reputations in industrial use thousands of year ago until present. How about investing in both assets?
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Cryptocurrency Bitcoin is a well-known token. At the current rate at which the price of Bitcoin is rising, this bitcoin gold will be adjusted. I think everyone who is familiar with cryptocurrency will start saving bitcoin instead of gold. For the most part, the price of bitcoin is rising much faster than gold.
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Gold remains a very valuable asset throughout the world.
The reason for gold to remain a valuable asset is because its price is always rising and it is difficult to fall in price.
Bitcoin in every 3 years after the Halving there must be a deep decline in prices and this is very evident for those who don't know Bitcoin trading.
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Bitcoin and Gold are two separate things/assets and many users compare them which is totally wrong. Bitcoin is the King of the crypto world while Gold is the King of all Metals. So both have their own benefit, usage and price difference.
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We all have different opinion and opinion will always be like that without the actual happening that is why I don't agree with what the opinion of this man because gold is a treasure that will always be there throughout the centuries.
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We all have different opinion and opinion will always be like that without the actual happening that is why I don't agree with what the opinion of this man because gold is a treasure that will always be there throughout the centuries.
I think gold has a very good opportunity to make a profit because gold has a very high demand but also has a limited supply, and I see that there are already several companies that can make their own gold so I think this is a very serious threat because it can make the price collapsed.
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Banking giant JPMorgan said that Bitcoin is making quick inroads in mainstream finance at the cost of gold.
What do you think?
Read article: JPMorgan Says Bitcoin Will Slowly Eat Into Gold’s Market Share (https://www.worldcoinindex.com/news/jpmorgan-says-bitcoin-will-slowly-eat-into-gold-s-market-share)
Gold is old investment and most popular. Bitcoin is the future currency. We all know almost all of people know about gold but not about bitcoin. But I believe bitcoin can surpass gold at the coming future. Believe it.
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Nowadays people believe that they prefer to invest in those that have government approval. One of them is gold, a precious metal that many people invest in. But Bitcoin is a digital currency that is popular all over the world and a lot of people invest here.
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Nowadays people believe that they prefer to invest in those that have government approval. One of them is gold, a precious metal that many people invest in. But Bitcoin is a digital currency that is popular all over the world and a lot of people invest here.
Yes I see bitcoin is digital currency and will be more needed at the coming future. Gold is more popular than bitcoin but I believe bitcoin will more useful for investment at the coming future. Because bitcoin is the future currency.
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I don't know, regarding usefulness. Gold has a lot of practical uses that make it quite valuable - most of computer technology relies heavily on it, for example.
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In my opinion, Bitcoin is always compared to a measure. Although the two are very different. Where gold has existed since the time of our ancestors and the risk is very low. Although Bitcoin is a new thing, many people know and don’t know. Moreover, the risk of investing in Bitcoin is much higher. So I like to invest in gold myself. Moreover Bitcoin is a very beautiful coin whose price is more than the price of gold.
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In my opinion, Bitcoin is always compared to a measure. Although the two are very different. Where gold has existed since the time of our ancestors and the risk is very low. Although Bitcoin is a new thing, many people know and don’t know. Moreover, the risk of investing in Bitcoin is much higher. So I like to invest in gold myself. Moreover Bitcoin is a very beautiful coin whose price is more than the price of gold.
If you want to invest for long term asset, I think you can choose gold. Gold is more stable, But if you want the big profit and do daily trading, And think bitcoin is the best choice. Butcoi is more profitable but also more risk.
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I think Bitcoin will be seen in place of gold in the next few years. Bitcoin will be valued more than gold. Because the popularity of Bitcoin and the price of Bitcoin is increasing day by day, it is expected that Bitcoin will be given more priority than gold. Bitcoin has already exceeded $19,000. There is no doubt that Bitcoin will exceed $50,000 in the next five years.
No, bitcoin will never be able to replace gold. Cryptocurrency and gold will always exist in parallel to each other. Gold has existed for many millennia and will continue to exist for a very long time. Bitcoin has been around for 13 years and how long it will exist, we cannot know. These are completely different financial assets, so much so that we can even say that they are completely opposite. They are practically united only by their high price. But the value of gold has always been consistently high, and the value of bitcoin has always been too volatile.
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I think I agree with several opinions here.
BTC and gold are different platform.
We can invest in both and enjoy this.
Bitcoin is digital asset , and gold is physical asset.
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BTC and Gold both complement each other, btc is volatile, while gold is stable. Investors invest in both according to their discretion.
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BTC and Gold both complement each other, btc is volatile, while gold is stable. Investors invest in both according to their discretion.
You're right, every investors have own discretion for their investment.
Both are good for investment.
I think If we want to gain big profit, bitcoin is the best choice.
But It's more risk
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Well he's certainly saying the truth as a financial giant that he is. However in my humble opinion, I believe that BTC will not take the spot of Gold, rather the duo will coexist in tandem. Gold offer more stability and gives more ease of mind while BTC on the other hand is less stable and with lots of fluctuations that leads on unrest of the mind but it's far more profitable than gold.
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I think Bitcoin will be seen in place of gold in the next few years. Bitcoin will be valued more than gold. Because the popularity of Bitcoin and the price of Bitcoin is increasing day by day, it is expected that Bitcoin will be given more priority than gold. Bitcoin has already exceeded $19,000. There is no doubt that Bitcoin will exceed $50,000 in the next five years.
This will never happen. Bitcoin is not able to replace gold. There has always been and always will be a stable high demand for gold. This value has passed through many millennia and the cryptocurrency, which has only 13 years of its existence, cannot be compared with gold. Bitcoin has already risen in price to $68,000 and nothing significant has happened. But its current price is just over $21,000. This does not happen with gold. This is a stable value, which is fundamentally different from a volatile cryptocurrency.
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TBH, I personally invest in both, gold and bitcoin.
Gold value is stable and more safe to invest.
Bitcoin is profitable for investment, but as many people know. Bitcoin is more risky. I agree with this
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Bitcoin is best then the gold because this time the price is down of the BTC and if we buy the BTC this time and hold that coin for just 6 months we can easily make good profit through that becasue soon the BTC will touches the high price almost $100,000.
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In the fact, Bitcoin can make bigger profits than Gold. Bitcoin has volatility, even it is riskier but if we know how to invest properly, then we can have the chance to have much bigger profits. While Gold, is safer, but the chance to have bigger profits looks smaller. There is no big volatility in Gold price.
I Agree it is possible but if you are a trader i am unsure but buy it for the value as it falls and for long term its good Gold is a Hedge Hard Asset alike Crypto which is also a Hard asset but has better returns.
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Bitcoin is best then the gold because this time the price is down of the BTC and if we buy the BTC this time and hold that coin for just 6 months we can easily make good profit through that becasue soon the BTC will touches the high price almost $100,000.
Buy Bitcoin for long-term but not sure if after 6months $100,000 will happen. Though it might be possible but will see if in 6months or years from now.
Good to buy BTC this time since it is down. Hold then set a target price and be patience to wait that price or play your Bitcoin investment wisely.
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I agree with you to some extent.
In the world of Cryptocurrency, Bitcoin is refer to as the gold of Cryptocurrency because it is more valuable and has the highest market price than other Cryptocurrencies.
However, Bitcoin can never be compare to the real Gold in terms of volatility.
Bitcoin is highly volatile (unstable) in price which makes its market price to be fluctuating but the price of the real Gold is stable.
Wise financial investors will rather invest in Gold heavily than Bitcoin because of Gold's price stability than investing in Bitcoin which is high risky because of its price volatility.
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Bitcoin is best then the gold because this time the price is down of the BTC and if we buy the BTC this time and hold that coin for just 6 months we can easily make good profit through that becasue soon the BTC will touches the high price almost $100,000.
if bitcoin is better than gold investment, i totally agree with you buddy. but if bitcoin will increase for the next 6 months? I don't think I believe that. because with bitcoin continuing to decline until now, it's clear the possibility that it will go down again will happen. so it will not be as fast as you think that bitcoin will quickly increase. if bitcoin will be able to touch $100K I can agree, but maybe not this year or maybe not even next year, I think the halving period will occur before that price will occur.
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Two investments and valuables that are most sought after by investors today, Bitcoin and Gold. Both have values that can make people who own them can get big profits, but of course they are different because one is a real item while the other is digital. If I was asked to choose, I would work in Cryptocurrency by collecting Bitcoins and then selling my Bitcoins to buy Gold. Both profitable!
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(https://i.imgur.com/e8KzDR8.jpg)
I just want to leave this here.
The Black line is Bitcoin and the Gold Line is Gold of cause and over a period of ten years of Investment, if this is the case which it is, which investment would have given a higher profit over this same number of years with the same amount of investment? Investors want to make the most out of their investment and Bitcoin is the only one between both with the highest ROI.
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If Bitcoin can slowly enter the gold market and occupy that place. Then people will believe in bitcoin more than gold. And in all the countries where bitcoin is not legal, they will gradually invest in bitcoin from gold. If JP Morgan's words are true.
First and
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Today, it is generally difficult to predict what is better. There are always pros, but there are also cons. The best solution is to read the opinion of highly qualified experts.
For example https://www.we7.com/how-to-switch-online-trading-platform/ They definitely know more than us.
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i think in a Bitcoin forum we are going to be more in favor of Bitcoin than gold. Some argue that Bitcoin is digital gold, a much better store of value than gold. So in my opinoin Bitcoin would be much better than gold.
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i think in a Bitcoin forum we are going to be more in favor of Bitcoin than gold. Some argue that Bitcoin is digital gold, a much better store of value than gold. So in my opinoin Bitcoin would be much better than gold.
Each financial asset has its own advantages and disadvantages. Cryptocurrency and gold are so diametrically opposed in their characteristics to each other that it is very difficult to compare them. In this short period of Bitcoin’s existence, it has largely beaten gold. But gold is an almost eternal value, and bitcoin is only 13 years old. Therefore, it is too early to draw conclusions. But for now, it is better to use the clear advantages of both assets: the high volatility and high price growth of bitcoin and the stable value of gold.
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I love the BTC not the gold. This time in the crypto market so many peoples will hold the coin and they hold their coins because they know that the market will go high so much high and when the market go high that time they sell their coin. Crypto is the world best market and in this market so many peoples will change their life.
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I love the BTC not the gold. This time in the crypto market so many peoples will hold the coin and they hold their coins because they know that the market will go high so much high and when the market go high that time they sell their coin. Crypto is the world best market and in this market so many peoples will change their life.
I imagine what will happen in the market if bitcoin globally stops growing in price at the current pace. After all, there is no guarantee that its price growth will continue. All forecasts of experts and specialists of this market rarely come true. Another test for a significant increase in the price of bitcoin takes place the next year after the halving. So far everything has been working fine. But whether this will be the case in the future, we can not say unequivocally. You should always remember that the cryptocurrency market is associated with a lot of risk.
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BTC Vs Gold, I think bitcoin is more profitable for investment than gold. But It's also more risk.
Better to hold both for your assets, because bitcoin is unpredictable
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Yes that's right, Bitcoin has surpassed ROI than Gold, Bitcoin has the ability to be used for payments because it has a very transparent blockchain technology, while Gold in the past was also for payments, but when gold was registered with the SEC, the price went up and almost seemed to be stable every day. year with an ROI of not more than 20% https://charts.woobull.com/bitcoin-vs-gold/
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Banking giant JPMorgan said that Bitcoin is making quick inroads in mainstream finance at the cost of gold.
What do you think?
Read article: JPMorgan Says Bitcoin Will Slowly Eat Into Gold’s Market Share (https://www.worldcoinindex.com/news/jpmorgan-says-bitcoin-will-slowly-eat-into-gold-s-market-share)
There is a higher chance that anyone can make a profit if they choose to invest in Bitcoin because even if it costs 10-20$ you can invest in it, unlike gold it depends on whether you have a purchase price and it has a stable price that changes Although the value of gold is not the same as that of Bitcoin, it has a volatility called so it has become too unpredictable in the market. Although gold has been around for a long time and bitcoin has only been around for 13 years, it has surpassed gold in a short period of time.
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Banking giant JPMorgan said that Bitcoin is making quick inroads in mainstream finance at the cost of gold.
What do you think?
Read article: JPMorgan Says Bitcoin Will Slowly Eat Into Gold’s Market Share (https://www.worldcoinindex.com/news/jpmorgan-says-bitcoin-will-slowly-eat-into-gold-s-market-share)
There is a higher chance that anyone can make a profit if they choose to invest in Bitcoin because even if it costs 10-20$ you can invest in it, unlike gold it depends on whether you have a purchase price and it has a stable price that changes Although the value of gold is not the same as that of Bitcoin, it has a volatility called so it has become too unpredictable in the market. Although gold has been around for a long time and bitcoin has only been around for 13 years, it has surpassed gold in a short period of time.
Gold has indeed been recognized as an investment that has been done by everyone for a long time and indeed gold has become a part of everyone's life to be an attractive investment that can be used to beautify yourself or make yourself more confident.
With the development of the current era, bitcoin is also included in a very attractive investment, even more so than gold, even though it is not in form and cannot increase self-confidence.
I agree with you, my friend, that investing in bitcoin is very profitable and has even been proven to be more profitable than investing in gold. because the price movement of bitcoin is extraordinary and very fantastic inversely proportional to gold of course. but when it comes to investment, both are equally good and worthy of being an attractive investment.
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I think Gold is always best investment, If we have free money.
Gold is more stable and we can use it for long term investment
Bitcoin and altcoins are more profitable, but Unfortunately also more risk.
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BTC Vs Gold, I think bitcoin is more profitable for investment than gold. But It's also more risk.
Better to hold both for your assets, because bitcoin is unpredictable
Bitcoin will not always be profitable as an investment. Nothing can grow forever in price, moreover, at the current rate of bitcoin. If someone believes that you can buy bitcoin and this will already be a guarantee of material well-being, he is deeply mistaken. The cryptocurrency market is very similar to the stock market. Here you need to monitor the situation and make the right decision in time.
Gold, in addition to the generally recognized value, also has an intrinsic value. These are different financial assets and work differently in different situations.
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Depending on when you bought bitcoin at what price, then you could say that bitcoin makes a profit when investing. If we talk about gold, this product also cannot be sure that its price will not fall.
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The difference between Bitcoin and gold is huge. Currently this virtual currency has gained a lot of popularity around the world. Which is almost twice as much as gold has already changed the world a lot. So I think bitcoin is worth more in the market than gold and people prefer to invest in bitcoin now than heard.
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The difference between Bitcoin and gold is huge. Currently this virtual currency has gained a lot of popularity around the world. Which is almost twice as much as gold has already changed the world a lot. So I think bitcoin is worth more in the market than gold and people prefer to invest in bitcoin now than heard.
Gold is more popular than bitcoin.
But bitcoin is more profitable than gold if you buy at the right time.
If you buy now, at bearish season you should hold until the next two years. 2024.
Gold is more stable but I prefer in bitcoin.
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If in my opinion for today's technology is getting sophisticated, almost everything is done digitally, it is possible that in the future bitcoin can replace gold because of its simple transactions and promising prices.
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Both are great in term of long term holding, though you'll definitely could get more return of investments with bitcoin since it fluctuates a lot. the thing with gold is that it's also being used widely in industries that's why it's value could get retained so well also adding many religions that influence the holding of golds. though i think both are the same thing, great in term of holding its value for long term and effective way of fighting inflation.
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My friends no longer hoard gold, they invest in Bitcoin because they believe that Bitcoin is digital gold. Investing in Bitcoin is also easier and more profitable than investing in gold, which makes Bitcoin attractive to traditional investors.
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Investment in gold is more likely to be successful as there will be low risk of lowering price in gold as compared to Bitcoin. Bitcoin is slightly more risky when investment is made as the price fluctuates and has no constant value. Now the people are more conscious about their benefit so they are desiring to make investment in that thing which is valuable.
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Bitcoin is the digital currency in today's world and gold is an ancient asset. People have been using it for hundreds of years. However, Bitcoin has gained immense popularity in the world over the years. In today's world people are more interested in bitcoin than gold. People are now managing various tasks including entire factories with this digital currency. So Bitcoin is worth more than gold in the current world.
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Bitcoin is the digital currency in today's world and gold is an ancient asset. People have been using it for hundreds of years. However, Bitcoin has gained immense popularity in the world over the years. In today's world people are more interested in bitcoin than gold. People are now managing various tasks including entire factories with this digital currency. So Bitcoin is worth more than gold in the current world.
If said bitcoin is worth more than gold, I agree.
That's the fact . But bitcoin is also more risk.
I personally prefer invest in bitcoin than gold, but property is number one for investment
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If we look as investors. So it's traditionally part of your portfolio. Try to avoid losses by investing in gold and other metals. It protects against loss share. Which is possible in market dump. But a new option is letting you choose this old option. As such Bitcoin proved to be an interesting asset to invest in as it has been proven to gain recognition and support for a long time.
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The issue of bitcoins is limited to 21 million coins, of which 19 million have already been mined. It is planned that the last BTC will be mined sometime in 2140. That is why this cryptocurrency is a valuable asset for long-term investment. Everyone who wants to have promising assets in the investment crypto portfolio is trying to get it.
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Bitcoin and gold are two different types of investments, because different can not be found advantages and disadvantages, but bitcoin and gold is a worthy investment we choose, if I get a big profit on bitcoin then I immediately buy gold, because I'm sure that gold is the most perfect investment because it can be accepted worldwide even when the crisis or war everyone is still receiving gold.
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When the value of bitcoin rises, bitcoin is given importance, and when the value of gold rises, gold is given importance. There is flexibility in the price of bitcoin while gold remains almost constant, according to me both bitcoin and gold play their part.
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Bitcoin and gold are two very popular currencies which are most popular and expensive in the present world. Nowadays it is seen that people prefer bitcoin more than gold. Bitcoin is the most advanced digital currency in the world.
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Bitcoin and gold are two very popular currencies which are most popular and expensive in the present world. Nowadays it is seen that people prefer bitcoin more than gold. Bitcoin is the most advanced digital currency in the world.
Yeah the reason why people prefer in bitcoin than gold because gold is more stable and bitcoin is more profitable, but bitcoin is also more risk.
I personally prefer in bitcoin than gold.
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JPMorgan is the founder of the Kadena project, as we can see, he backed Bitcoin and made Kadena similar to Ethereum, This coin is minable and yes, Bitcoin is getting a lot of investors so its market cap makes some financial institutions want to enter the crypto space
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Currently, the world is advancing more and more towards digital. And what digital currency is improving a lot. Especially earlier people preferred to invest in gold but nowadays most of the people invest in digital currency as it is not so profitable as it sounds.Investors believe that investing in bitcoins will lead to more salt in the future than modern currencies. So currently people prefer bitcoin more than gold.
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Yeah the reason why people prefer in bitcoin than gold because gold is more stable and bitcoin is more profitable, but bitcoin is also more risk. I personally prefer in bitcoin than gold.
Sure, Bitcoin is riskier than Gold. But we must understand that Bitcoin can offer a higher chance to get bigger profits. No other investment can offer a big profit as Bitcoin because the Bitcoin value can increase very very significantly. And we know that Bitcoin price has 2 cycles, bearish and bullish periods, which makes a big gap between Bitcoin ATL and Bitcoin ATH.
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I think Bitcoin will be seen in place of gold in the next few years. Bitcoin will be valued more than gold. Because the popularity of Bitcoin and the price of Bitcoin is increasing day by day, it is expected that Bitcoin will be given more priority than gold. Bitcoin has already exceeded $19,000. There is no doubt that Bitcoin will exceed $50,000 in the next five years.
If you talk about value, I think bitcoin is more valuable than gold.
But Gold is more stable and more popular than bitcoin.
Tbh I prefer invest in bitcoin than gold.
Bitcoin will give us more profit than invest in gold
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Gold has been a great value for mankind for many millennia and, apparently, it will continue to be so for millennia. But the same cannot be said for Bitcoin. He is only 13 years old, and his value rises and falls very unpredictably. It is completely dependent on the availability of the Internet and technical means and cannot under any circumstances replace gold. If it manages to exist for a long time, then it can be a financial asset that will exist in parallel with gold and the national money of states.
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Of course, i will choose Bitcoin because price of Gold always stable.
Since a long time ago, JP Morgan has always made controversial statements that make me sick of those who always spread bad news.
This is really something that I really don't like because I am in the position of a cryptocurrency trader, and this bad news for me can be taken advantage of to buy more Bitcoin.
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Anybody who wants to earn a regularly has Bitcoin as the best option in my opinion. Gold is some how very stable and will take long time to hit individuals profit target. Bitcoin fluctuate on a regular bases and this price movement pave ways for constant earning on the short term. I prefer Bitcoin to gold because i trade it to earn regularly. Bitcoin is better than gold.
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Of course, i will choose Bitcoin because price of Gold always stable.
Since a long time ago, JP Morgan has always made controversial statements that make me sick of those who always spread bad news.
This is really something that I really don't like because I am in the position of a cryptocurrency trader, and this bad news for me can be taken advantage of to buy more Bitcoin.
agree with you, I'll choose bitcoin than gold.
We should know about the potentially of both.
Gold is more stable and bitcoin is more profitable, of course bitcoin is good and more profitable for long term investment.
So, bitcoin will be my choice
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As many members said here, they said bitcoin is more profitable than gold.
I think I agree, gold is more stable.
Bitcoin is the future currency will be more expensive at the coming future.
that's good prediction, agreed.
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Of course, i will choose Bitcoin because price of Gold always stable.
Gold price also fluctuates, it is wrong if Gold is always stable.
But the price change in Bitcoin isn't too significant as well as Bitcoin price.
Bitcoin offers the chance to gain significant profits, while Gold only offers a safe investment for the long term. I don't think we must choose one of them, why don't invest in both BTC and Gold? ;)
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Small Capital choose Bitcoin.
Big Capital choose Gold.
Poor people choose Bitcoin.
Rich people choose Gold.
Poor people definitely choose Bitcoin to look for simple, fast and easy profits.
When compared with Gold, it can be said that Gold is slow to rise and fall, this is just my assessment and this is really very good to discuss.
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Small Capital choose Bitcoin.
Big Capital choose Gold.
Poor people choose Bitcoin.
Rich people choose Gold.
Poor people definitely choose Bitcoin to look for simple, fast and easy profits.
When compared with Gold, it can be said that Gold is slow to rise and fall, this is just my assessment and this is really very good to discuss.
Bitcoin and Gold have very different physical forms with this difference showing that the two can never be one, Bitcoin and Gold are only names that can get a high selling value and for security, Gold is much safer and provides a lot of profit than gold.
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I'm new to the form, sorry for the mistake, Bitcoin is the king of the cryptocurrency market, but its price is now 17k, as long as its usage is increasing, it is expected that its value will decrease a lot in a few days
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I think Bitcoin will be seen in place of gold in the next few years. Bitcoin will be valued more than gold. Because the popularity of Bitcoin and the price of Bitcoin is increasing day by day, it is expected that Bitcoin will be given more priority than gold. Bitcoin has already exceeded $19,000. There is no doubt that Bitcoin will exceed $50,000 in the next five years.
Even if bitcoin increases in price several times, it will never be able to replace gold. Bitcoin and gold are so different that they can only complement each other, not interchange.
It should be borne in mind that gold has existed as money, jewelry and value in general for more than one millennium, while bitcoin is only 13 years old and its price is too volatile. In addition, bitcoin depends on technology, and if any of them fails, this will be a big problem for its holders.
In any case, many people will prefer the eternal value - gold.
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If we want to compare bitcoin and gold, I think it depends on our policy, and what want to be..If we want to be millionaire, I think bitcoin is the best choice.
because bitcoin is more profitable,
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BTC and Gold can not be compared because BTC is considered the digital Gold and can manipulate the whole Crypto world as the price of BTC is down then it will impact the whole crypto market and it will crash.
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BTC and Gold can not be compared because BTC is considered the digital Gold and can manipulate the whole Crypto world as the price of BTC is down then it will impact the whole crypto market and it will crash.
agreed, bitcoin is digital gold.
Several people call it.
I think bitcoin is more profitable than gold, but also more risk.
Bitcoin will more expensive at the next several years again
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BTC and Gold can not be compared because BTC is considered the digital Gold and can manipulate the whole Crypto world as the price of BTC is down then it will impact the whole crypto market and it will crash.
agreed, bitcoin is digital gold.
Several people call it.
I think bitcoin is more profitable than gold, but also more risk.
Bitcoin will more expensive at the next several years again
Of cause Bitcoin is riskier hence it is usually more expensive even with the current market price.
We have noticed over the years now that people will prefer to invest in Bitcoin because you will make more profit over time than you would make in comparison to Gold when you invest the same amount over the same period of time because Gold is more stable in price and it is a safer means of a store of value.
This chat shows how much any investor would have made from Bitcoin in comparison to Gold over a 10-year period if you have invested the same amount of money.
(https://i.imgur.com/8icQ7zu.jpg)
Imagine investing the same amount from 2013 till BTC ATH or even now that the price has dropped drastically?