Will Bitcoin replace Gold someday?

[syedrasool2011]

Bitcoin will be best in all our the world gold is small like a baby to cross for bitcoin bitcoin will best of the world every one like bitcoin all our the world every one is coming to buy bitcoin.

[LUCKMCFLY]

The truth is that I do not think that BTC replaces gold, it does not make sense that gold competes with BTC or vice versa, both represent money, this is like saying that it is more valuable to have Btc than Fiat money, it is not like that, both represent money, the Gold has a long history, it is accepted worldwide, it has brought many countries out of crisis, this is something that BTC has not yet done, however BTC is one of the best things that has happened to it in the world, with just a little more than 10 years and has achieved a lot, this means that it will be successful and great value in the future.

[elaine345]

Gold is the resources created by earth for me, but digital currency is a digital resource that protects everyone wealth especially those who comes from weaker country.


excite88.com

[Confero]

In the future more people will choose Bitcoin over gold, If that's what you mean then I totally agree. 
I see today, many stock and forex investors have switched to Cryptocurrency (Bitcoin). 
This is because the potential for profit in Bitcoin is greater, and this will also be the case for Gold Investors. 
In the future, many Gold investors will move to Bitcoin.

[Fenix]

In the future more people will choose Bitcoin over gold, If that's what you mean then I totally agree. 
I see today, many stock and forex investors have switched to Cryptocurrency (Bitcoin). 
This is because the potential for profit in Bitcoin is greater, and this will also be the case for Gold Investors. 
In the future, many Gold investors will move to Bitcoin.

It is necessary to look more realistically at cryptocurrency, fiat money and such an eternal value as gold. Cryptocurrency will not displace either fiat or gold. It can only occupy a certain niche in the global financial system, where fiat will still play the leading role.
Gold will retain its value at all times, cryptocurrency can increase its role in the financial life of our society, gold will always remain gold.

[Dora Walletinvestor]

I think for Bitcoin to truly replace gold it would have to become less volatile. Even though it has established itself as a prestigious and trustworthy cryptocurrency, it is still considered a high-risk asset as opposed to gold. It is a great store of value, though, and in the future I can imagine it will have a similar role.

[nakmantu99]

I think for Bitcoin to truly replace gold it would have to become less volatile. Even though it has established itself as a prestigious and trustworthy cryptocurrency, it is still considered a high-risk asset as opposed to gold. It is a great store of value, though, and in the future I can imagine it will have a similar role.

Me too, I also believe bitcoin will replace gold someday.
We all know gold is real asset, bitcoin is digital asset.
At the digital era, I think digital currency will dominant.
But It might happen at the next 5 years again, maybe.

[Confero]

-snip-

It is necessary to look more realistically at cryptocurrency, fiat money and such an eternal value as gold. Cryptocurrency will not displace either fiat or gold. It can only occupy a certain niche in the global financial system, where fiat will still play the leading role.
Gold will retain its value at all times, cryptocurrency can increase its role in the financial life of our society, gold will always remain gold.

You are right, I also don't mean to say Bitcoin will replace Gold. Because I know it will not be possible, But for this investment we have seen a lot. Increases in Gold are very long, and cannot be like Bitcoin. For Investment Bitcoin is much better than Gold.

[IyemRoker]

Gold will be the old gold when found and Gold will not be replaced by Bitcoin.
Bicoin may go up and down beat the price of Gold but Gold will not be replaced.
I will choose Gold and Bitcoin as my main assets and it is a wise choice, we don't need to debate these two assets for a good choice because Gold and Bitcoin are the best assets for now as an investment tool.

[Astra]

Gold and bitcoin are almost completely opposite financial assets. They have nothing in common, except for the high price. They can complement each other well, but they cannot displace each other. Cryptocurrency still needs a long time to establish itself in society, and gold has been around for thousands of years. Humanity needs to be reinsured, different financial assets should be used as currency. Cryptocurrency needs the Internet, certain technical devices, energy. All this can disappear in an instant after some global catastrophe.

[Muneeb22]

There is a big difference between the Gold and the Bitcoin becasue Gold price will not go high instantly like the BTC but the BTC price go high so much in a single day and also it will comes down like this. So we need to invest in the Bitcoin and hold this for a short time when the price go high then we need to sell our coin in a good price.

[yohananaomi]

There is a big difference between the Gold and the Bitcoin becasue Gold price will not go high instantly like the BTC but the BTC price go high so much in a single day and also it will comes down like this. So we need to invest in the Bitcoin and hold this for a short time when the price go high then we need to sell our coin in a good price.

yes, it is clear that the difference between gold and bitcoin is of course the obvious one physically, because gold can be seen as not for bitcoin. if you are right about the price, that bitcoin is always changing rapidly depending on the market at that time, if you really want to use the daily price difference for trading, of course you can do it with bitcoin and it is very interesting, but it does take time to keep watching.
but bitcoin has advantages that gold does not have, where bitcoin will continue to increase sharply every time the halving occurs and is very good for long-term investment, gold is also very good for long-term investment but the increase is not as big as bitcoin.


but whether bitcoin will be able to replace gold? will never happen, because they are two very different things and have their own capacities and interests. they will run on their own with very different uses.

[Hisbullah]

There is a big difference between the Gold and the Bitcoin becasue Gold price will not go high instantly like the BTC but the BTC price go high so much in a single day and also it will comes down like this. So we need to invest in the Bitcoin and hold this for a short time when the price go high then we need to sell our coin in a good price.

Yeah bitcoin and altcoin will give us the large profit than gold.
Gold is more stable, bitcoin is more profitable to invest because high volatile.
I didn't think bitcoin will replace gold ,  it I believe bitcoin is more profitable than gold.

[mahadev]

I don't agree with this, But I think anything can happen at the world.
Maybe one day bitcoin will replace gold.
Gold is physical assets, bitcoin is digital asset.
It will happen at the digital era.

[alltalk]

Yeah bitcoin and altcoin will give us the large profit than gold.
Gold is more stable, bitcoin is more profitable to invest because high volatile.

Bitcoin and altcoins offer higher profits but don't forget the risk is bigger. The price of Bitcoin and altcoins are unpredictable, they can increase massively and can decrease very sharply as well. There is no guarantee that Bitcoin and altcoins to survive a long time, we only can guest the indicators. While gold, must survive from year to year, it has been proven to us. This investment is the safest one, but does not offer the profits as big as in Bitcoin or altcoins.