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Author Topic: bitcoin is it the new gold ?  (Read 4741 times)

Offline troll

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bitcoin is it the new gold ?
« on: June 29, 2018, 12:54:44 PM »
sure you can't do small transactions, but is it the new storage of value future ?
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bitcoin is it the new gold ?
« on: June 29, 2018, 12:54:44 PM »

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Re: bitcoin is it the new gold ?
« Reply #1 on: July 01, 2018, 03:17:07 AM »
Apparently, Bitcoin is more popular than gold among investors, as a hedge against rising global uncertainties.  Growing mistrust of national currencies, following dubious government policies, has pushed people into Bitcoin.

For more details read here: https://www.forbes.com/sites/panosmourdoukoutas/2017/08/30/bitcoin-is-the-new-gold/#b493e3b3b360

Offline sugarchrisp

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Re: bitcoin is it the new gold ?
« Reply #2 on: July 01, 2018, 08:17:08 AM »
I think most people already treat it as a store of value anyways, so it may as well be gold as it is.
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Offline Nur sarimbit

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Re: bitcoin is it the new gold ?
« Reply #3 on: July 02, 2018, 03:55:56 PM »
if I think bitcoin Although not gold but I can likens the bitcon is Digul gold because we can exchange it with paper currency. and we can mine. although only the digital world but the results we can enjoy in the real world .
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Re: bitcoin is it the new gold ?
« Reply #4 on: July 03, 2018, 01:11:06 AM »
sure you can't do small transactions, but is it the new storage of value future ?

Yes, I think Bitcoin is the new gold, It is good for investment.
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Re: bitcoin is it the new gold ?
« Reply #5 on: July 03, 2018, 01:20:01 AM »
It's not comparable, though it has similar form of investment but they are of different value. Bitcoin is a digital asset purely numbers in your computer software it does not have physical appearance or any material to hold on to.. Gold has a form you can touch and it's a good investment for holding it in a long period of time. Because it is widely used as jewelry and other human form luxury its value will not be defreatiated as time passes by.
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Re: bitcoin is it the new gold ?
« Reply #6 on: July 03, 2018, 02:16:23 AM »
sure you can't do small transactions, but is it the new storage of value future ?

I think bitcoin is digital gold, It is not physic of gold. But Bitcoin is valuable like gold. It is my opinion.

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Re: bitcoin is it the new gold ?
« Reply #6 on: July 03, 2018, 02:16:23 AM »


Offline altcoingamer

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Re: bitcoin is it the new gold ?
« Reply #7 on: July 03, 2018, 06:39:45 AM »
I think Bitcoin is a better form of gold really.. excluding Gold's use cases outside of store of value (which don't really dictate its price), I think bitcoin serves its purpose a lot better than gold.. its easy to move.. it can't censored or stopped, and is free to move around the world to anyone in any country without really any 3rd party that can stop it.. you show up to the border with 1000 gold bars in suit cases and people are gonna ask some serious questions, lol.

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Re: bitcoin is it the new gold ?
« Reply #8 on: July 03, 2018, 10:53:28 AM »
1 PC of bitcoin is equal to bars of gold.
Then yes it is more than gold but not comparable to gold uses in our accessories.

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Re: bitcoin is it the new gold ?
« Reply #9 on: July 04, 2018, 07:54:04 PM »
I think that Bitcoin will not replace gold, but it will become a kind of another investment asset along with other investment tools, securities, stocks, derivatives and so on. Although Bitcoin's primary role initially meant using it as digital money, rather than an investment tool.

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Re: bitcoin is it the new gold ?
« Reply #10 on: July 05, 2018, 06:27:25 AM »
Bitcoin is a gold bitcoin it's not gold but with us investing in bitcoin it's turnover is almost like gold and the person who mined bitcoin is exactly the same as the person who mined gold
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Re: bitcoin is it the new gold ?
« Reply #11 on: July 05, 2018, 07:30:55 AM »
sure you can't do small transactions, but is it the new storage of value future ?

I think Bitcoin is virtual gold.It is so valuable and profitable. It is a good investment.
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Re: bitcoin is it the new gold ?
« Reply #12 on: July 05, 2018, 03:43:07 PM »
The value of bitcoin is really far from its beginning. From cheap price to the all time high in the market. The value won't be dead but will become more expensive in due time.
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Re: bitcoin is it the new gold ?
« Reply #13 on: July 05, 2018, 09:00:26 PM »
If bitcoin, through the rush of demand for it, can grow rapidly in price, this does not mean that it is, digital gold. Yes, many now keep it, hoping that in the future it will grow in price to several hundred thousand dollars. I personally very much doubt that he is already able to grow to such high prices. But to drop from the big price heights a few days before the level of practical depreciation bitcoin can. Then virtual bitcoin gold will stop in virtual dust. And gold has always been, is and will be gold.

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Re: bitcoin is it the new gold ?
« Reply #14 on: July 05, 2018, 09:10:23 PM »
If bitcoin, through the rush of demand for it, can grow rapidly in price, this does not mean that it is, digital gold. Yes, many now keep it, hoping that in the future it will grow in price to several hundred thousand dollars. I personally very much doubt that he is already able to grow to such high prices. But to drop from the big price heights a few days before the level of practical depreciation bitcoin can. Then virtual bitcoin gold will stop in virtual dust. And gold has always been, is and will be gold.

Gold's value isn't measured by its use cases.. its store of value is what makes it useful.  Sure it can do things that bitcoin can't but bitcoin can do several things that gold can't..theres no public ledger of gold... its hard to track and move gold... you can't trade gold to other countries without a massive amount of red tape, etc.

 

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