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Author Topic: Will Bitcoin Replace Gold as Store of Value?  (Read 30325 times)

Offline Omah karpet

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #15 on: December 29, 2018, 09:08:52 PM »
both of them complement each other whether bitcoin or gold, the same can be valued investment in it, it could also be replaced in the next year by bitcoin because it is very high value compared to gold .

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #15 on: December 29, 2018, 09:08:52 PM »

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #18 on: January 01, 2019, 08:58:22 PM »
Bitcoin can be a place to store value like gold, but bitcoin is not stable because the price is volatile, and even though bitcoin has declined but bitcoin will be able to recover its value again.

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #19 on: January 02, 2019, 02:20:34 AM »
Maybe it can be done, even more than the price of gold when it happened to BullRun.
Another thing is also when they have a Bitcoin from the price of 100 USD.

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Offline Fenix

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #21 on: January 08, 2019, 09:19:24 PM »
Gold has always been and will be a reliable repository of value. Cryptocurrency has a very high price volatility and therefore cannot be a reliable repository of value by its nature.

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #21 on: January 08, 2019, 09:19:24 PM »


Offline Alcor

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #22 on: March 14, 2019, 07:17:12 AM »
if in my opinion we can say that bitcoin can replace gold. because now there are so many people investing in bitcoin rather than investing in gold.
The price of bitcoin in a few days may fall to the level of actual depreciation. With gold this can not happen. Gold has always been, is and will be a stable repository of value. With regard to Bitcoin, this cannot be said. Therefore, Bitcoin will never replace gold. He is simply not capable of this.

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #23 on: March 26, 2019, 11:35:41 PM »
I don't think so. The investment in gold and Bitcoin is actually quite different. Now, the value of gold will not decrease, it will always grow and increase time to time. But, Bitcoin has a different type, it can decrease and increase in a short time. But, both the two are actually worth investment.
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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #24 on: March 27, 2019, 01:19:09 AM »
Gold has been known for centuries and Bitcoin has just been there. I think Bitcoin and gold are different because they are not the same but have expensive prices and the method or process of mining is different. We can accept crypto technology advances but not equating Bitcoin and gold

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #25 on: March 28, 2019, 11:47:39 PM »
Actually, I have no certain idea about this. I really hope so. However, the difference is that Gold will be always increasing and Bitcoin is fluctuating. That is why I don't think that it will have a higher value.

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #26 on: May 02, 2019, 08:04:49 AM »
There is a chance for bitcoin to replace gold in the future because the world is going digital. Bitcoin is a digital store of value while gold is the physical, heavy to carry, and not easy to move. The bitcoin is better because it's digital, not physical, or heavy to carry, and it is easily accessible worldwide. 

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #27 on: May 02, 2019, 11:48:23 PM »
I like Bitcoin as its value different from other things. However, to replace the gold, I don't think so. Gold is also a great investment that always has increasing value and also price. However the BTC, it is volatile. However, from BTC, we can gain big profits in a short time or even lose the money in a short time.

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #28 on: May 03, 2019, 05:58:11 PM »
Of course Bitcoin will do that but firstly it need more stable than the moment and at least an ETF fund to control the price of it

               

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #29 on: May 03, 2019, 07:51:54 PM »
I found an interesting article this morning: ‘Drop Gold’ Now: Crypto Investment Firm Advertises Bitcoin as Superior. The article is kind of long but it shows a comparison between BTC and gold as the image below:


However, gold's value was proven and accepted for generations. Convincing people to perceive bitcoin as a value measure will take many years or even impossible.

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