Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: sirty143 on April 14, 2020, 02:23:44 AM

Title: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: sirty143 on April 14, 2020, 02:23:44 AM
In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth': Goldbug Peter Schiff

(https://zycrypto.com/wp-content/uploads/2020/04/In-The-Coming-Years-Gold-Will-Boom-While-Bitcoin-%E2%80%98Crashes-Back-To-Earth%E2%80%99_-Goldbug-Peter-Schiff.jpg)

Euro Pacific chief Peter Schiff, famous for his dislike of bitcoin, recently took another jab at the top cryptocurrency. Schiff has always insisted that bitcoin has no intrinsic value, unlike... See more for yourself here (https://zycrypto.com/in-the-coming-years-gold-will-boom-while-bitcoin-crashes-back-to-earth-goldbug-peter-schiff/).

Your opinion is greatly appreciated.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Alcor on July 18, 2020, 05:57:58 PM
Gold is unlikely to rise sharply in price. These traditional values will be in demand, but gold, like a cryptocurrency, can only grow significantly in price during an economic crisis and high inflation of conventional currencies.
Nobody can say what will happen to cryptocurrency in another ten years. Humanity has not yet had such an experience. However, the popularity of decentralized cryptocurrency continues to grow and there is no reason to say that Bitcoin may collapse in price in a few years.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: wahyudi on July 18, 2020, 07:36:49 PM
I don't think that will happen, even though the price of gold reaches the greatest level of bitcoin will never die, it will even continue to compete with gold.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: alltalk on July 19, 2020, 03:52:37 AM
Just ignore whatever he stated, I am pretty sure that he is a Bitcoin hater! So, certainly he won't say anything good related to the future of Bitcoin. Be careful guys, there are many famous people who are trying to destroy Bitcoin. But I believe they will get nothing with their attempts. Anyway, I want to tell you guys that Bitcoin adoption is getting better day after day. And because of that, it is possible many of people who don't want Bitcoin to grow bigger, will state bad things or FUDs about Bitcoin's future. 
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Octoalts on July 19, 2020, 02:53:09 PM
Bitcoin has been trusted by the wider community, it is not possible Bitcoin can be destroyed. People already believe in Bitcoin, that Bitcoin will provide huge benefits. More people will invest in Bitcoin in the future, and the price of Bitcoin will continue to rise.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: signature on July 19, 2020, 02:59:55 PM
How sure are you that gold will boom while bitcoin will crash in the future, because with the current happening bitcoin is gradually gaining ground more then gold.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Andruha1993 on July 21, 2020, 08:23:48 AM
Quote from: wahyudi on July 18, 2020, 07:36:49 PM
I don't think that will happen, even though the price of gold reaches the greatest level of bitcoin will never die, it will even continue to compete with gold.
I agree with you completely. Bitcoin is now more popular than gold. It is really gaining popularity. Therefore, it will never collapse.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: tinakoya on July 23, 2020, 03:22:11 PM
This wouldn't be the first time someone will bad mouth bitcoin and it's future value, over ten years later it hasn't crashed yet. Not disputing that gold will boom but predicting the failure of bitcoin is far fetched. Even the governments are trying to get a piece of it. Bitcoin is way too decentralized and globally adopted
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: mlawson71 on July 23, 2020, 06:18:07 PM
I think at this point only time will tell.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Prime on July 24, 2020, 11:46:20 PM
Peter Schiff is always that person that will make us panic by explaining the future of BTC and compared it with gold. personally I will not mind with his opinion. I don't need to listen what he said. As usual, he always compared that BTC has no vlaue and has nof uture because it is too risky. Neve panic because of this.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: comer on July 25, 2020, 10:13:30 PM
Everything is a possibility! Nothing is constant here but who knows what will happen tomorrow? Maybe, it may go in another way, wherein fiat currency will be useless and BTC made it to replace the traditional money. I mean, who are we to judge tomorrow? The things is, tomorrow is just an empty blank of tape that needs to fill-in so that it could write it's content.

Let's just cherish now what BTC has to offered to us. I wont bother to what will happen tomorrow. Let's continue to buy and sell BTC to gain profit.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Cryptoz on July 25, 2020, 11:22:33 PM
I believe that Gold can improve significantly in value but I am not sure if Bitcoin can crash as you stated above. Bitcoin has also a chance to have higher value in the future because many people trust on it and continue to utilize it for investment/trading. So, why we underestimate with the future of Bitcoin? Don't make misleading news, bro.  ;D
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Gubre on July 26, 2020, 01:38:51 PM
Bitcoin is just far beyond all altcoins as far as cryptocurrency is concern.  But when it comes about gold and bitcoin, we cannot deny the fact that gold is better to trust and has great power over bitcoin.  It can easily think that bitcoin could lose its value but not with gold.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: mlawson71 on July 26, 2020, 04:45:42 PM
Gold has definitely been the safe haven in troubled times for centuries. Those are very big shoes for bitcoin to fill.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Jaguar on July 27, 2020, 02:28:11 PM
I did not see clear transparency of this opinion because the statement is likely in different point of view. In fact bitcoin is one of the major trend in terms of digital money or investment aspect where some of well-known personalities in the world invested in bitcoin. Gold in actual scenario is stable and yet still used to scam people.
Maybe we can assume that bitcoin is a digital gold with high value.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: ranaprime on July 27, 2020, 08:36:26 PM
Quote from: Alcor on July 18, 2020, 05:57:58 PM
Gold is unlikely to rise sharply in price. These traditional values will be in demand, but gold, like a cryptocurrency, can only grow significantly in price during an economic crisis and high inflation of conventional currencies.
Nobody can say what will happen to cryptocurrency in another ten years. Humanity has not yet had such an experience. However, the popularity of decentralized cryptocurrency continues to grow and there is no reason to say that Bitcoin may collapse in price in a few years.
I agree with your imagination. Day by Day bitcoins popularity increasing. Even economic analysts, Bank association are trying to adopt bitcoin in their activities .This is the high time for bitcoin.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Astra on August 10, 2020, 08:00:07 PM
Quote from: Andruha1993 on July 21, 2020, 08:23:48 AM
Quote from: wahyudi on July 18, 2020, 07:36:49 PM
I don't think that will happen, even though the price of gold reaches the greatest level of bitcoin will never die, it will even continue to compete with gold.
I agree with you completely. Bitcoin is now more popular than gold. It is really gaining popularity. Therefore, it will never collapse.
Bitcoin is growing in popularity, so it will never crash? Sounds cocky, but unconvincing. Popularity, like luck, is highly volatile. Moreover, when it comes to cryptocurrency with its high price volatility.
With almost the same probability, in the future, we can see both an increase in the price of bitcoin to very large values, and its fall to a very low price.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Fenix on August 14, 2020, 06:06:56 AM
So far, experts and analysts have noted an increase in the price of both gold and bitcoin. Gold and cryptocurrencies are expected to rise in value as we enter a tough global economic crisis. The rise in the price of these financial assets indicates that an economic crisis is impending. Little is said about this yet, although at the same time there is information about a sharp decline in the economies of world states.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Quart on August 15, 2020, 11:36:55 PM
Peter Schiff again. personally I will never trust him if related to the future of Bitcoin. He always makes such big issues about comparing Bitcoin and Gold and always said that bitcoin is a shit. Gold is an exactly good and great idea to invest, this is very worthy. but BTC is also the same, This crypto is very worthy to invest and trade. So, I will never choose the two as my asset.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: I-Bit on August 16, 2020, 11:48:30 PM
I doubt with the theory that Bitcoin will crash to the earth in the future, while Gold will boom. How can? Bitcoin is still a new digital asset and it is growing very well till now. Even if there is no guarantee for the existence of Bitcoin as the digital asset, but I am pretty sure that it will last a long time if we consider the current signs.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Rubel007 on August 17, 2020, 08:29:15 AM
Gold is gold on other thinks can compare this natural precious metal. If anything more costly then gold that means  gold down i don’t appreciate this approach because Whenever there is no bitcoin in the earth that time gold was stay precious and now also precious. There are many things coins bla bla will in and out but gold stay her priority beauty and value all the time. It is temporary the market price low or high but gold is gold.  💥💎💍🎖🏅🏆         
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Senin on September 11, 2020, 09:22:49 PM
Quote from: mlawson71 on July 23, 2020, 06:18:07 PM
I think at this point only time will tell.
I agree with your opinion. Gold was, is and will remain gold. Even in the long term, it will always be of eternal value. I'm still sure about the prospects of cryptocurrency, but I'm not sure about bitcoin. Among all cryptocurrencies, bitcoin has the lowest scalability. He does not have his own team and therefore develops very poorly. Nobody knows what will happen to him in a few decades.
Title: Re: In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'
Post by: Salman Hasan on September 15, 2020, 08:37:06 AM
How sure are you that gold will boom while bitcoin will crash in the future, because with the current happening bitcoin is gradually gaining ground more then gold.