Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Quantum X on December 02, 2020, 12:48:07 AM
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We all know gold in the ancient time after it was discovered it became part of the greatest wealth of a kingdom and the treasures that all invaders longed for. Gold is also the best offering in human history as far as treasures is concern (I'm sure even today). There's nothing we can ever imagine as dominant and as popular than gold. Until ten years ago bitcoin was born and no one thought it would be in great value the first time it is introduced to the world except the believers.
Now in just 10 years 1 bitcoin can make someone rich who is living in the third world. Bitcoin market current capitalization is at $227 billion, while gold is 40 times bigger which currently is about $9 trillion. The highest gap is too obvious but of course this is just natural since gold has been in the market long before bitcoin is created.
Though the gap market capitalization of gold is high, we can see that bitcoin bears too much potential to reach the current market cap of gold. It is the first ever currency yet digital that holds an endless opportunity in the market the very unique thing we can compare to gold and might be a scale of a country's wealth in the future.
What do you think?
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Well, I don't see the point of actually comparing gold and Bitcoin side by side. Today, we are already away from the gold standard so that most countries are not anymore basing the value of their currencies to the gold they are holding, though there seems to be a movement to get back into that standard probably to experience again the known stability and safe haven provided by gold.
Gold is gold no matter how we may like or dislike it...this is something physical and there are many uses of gold that a digital one can not do. Now, the same thing with cryptocurrency there are advantages and benefits that gold can not offer. These are two are good assets to invest with, though Bitcoin is known to be volatile (and we are experiencing it now with its upswing movements) while gold is more of a steady type and because of this the return on investment can never be that so high.
Right now, gold is not the world currency so is Bitcoin. And it can be taking a lot of time and circumstances before anything can be replacing the might (though depleting) of the USA Dollar. The future is something we can never know though we can speculate and even wish. Let's watch on what can and will be...and that can be an exciting thing.
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We all know a lot more about gold. Because gola is a known and popular metal all over the world. There is no risk in investing in gold. Users around the world do not invest much in gold. Because the amount of profit in gold is much less.
However, it is possible to make a lot more profit by investing in Bitcoin. Investing in Bitcoin has a high level of risk. However, even if there is a risk, the amount of profit is higher. Currently people are interested in investing on bitcoin.
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By looking at the enormous development of Bitcoin, I am sure that this Bitcoin will indeed be able to compete with the circulation of gold one day. Where people are starting to get to know technology well. So in the end you will prefer to invest in a more contemporary one, namely investing in Bitcoin.
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I see that currently there are still many people who believe in gold more than Bitcoin. However, slowly I think a lot of people will soon be moving into Bitcoin. Especially after seeing that Bitcoin can make someone rich in an instant.
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I see that currently there are still many people who believe in gold more than Bitcoin. However, slowly I think a lot of people will soon be moving into Bitcoin. Especially after seeing that Bitcoin can make someone rich in an instant.
I totally agree with you. There are still a lot of people who believe in gold to take bitcoin. I think in the next few days, the members who believe in gold will believe in bitcoin very soon. And what will put more risk towards Bitcoin
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Bitcoin is a popular cryptocurrency in the world cryptocurrencies platforms. Many countries are accepting bitcoin as their transactions systems and banking system. Many countries considering cryptocurrencies as their countries assets and wealth.
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I see that currently there are still many people who believe in gold more than Bitcoin. However, slowly I think a lot of people will soon be moving into Bitcoin. Especially after seeing that Bitcoin can make someone rich in an instant.
Bitcoin can still very quickly enrich, and maybe deprive of money, since it has very high price volatility. So far, the risk is not very high, since its price increases from year to year. But after all, its price growth will end someday. What will happen then, one can only guess. And gold will always have its high value.
The idea of measuring a country's wealth by the number of bitcoins of its citizens is hardly feasible. Most bitcoin holders will always keep the amount of bitcoin they hold secret.
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Maybe for now Bitcoin is the Gold in Cryptocurrency. because currency is very popular in the crypto world and is the most valuable asset. With so many holders of bitcoin assets, trading on the crypto market is automatically busy with demand and sales.
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~Gold is gold no matter how we may like or dislike it...this is something physical and there are many uses of gold that a digital one can not do. Now, the same thing with cryptocurrency there are advantages and benefits that gold can not offer.
You are right, indeed. But since the world is changing and digital system becoming the trends nowadays, then this might be the first big advantage of bitcoin over gold.
These are two are good assets to invest with, though Bitcoin is known to be volatile (and we are experiencing it now with its upswing movements) while gold is more of a steady type and because of this the return on investment can never be that so high.
I agree that gold and bitcoin are God asset to invest with. Although bitcoin is volatile many investors are already knowledgeable when it comes to reading the movement and the perfect time to invest. Thus, the risk is being neglected because of the possible high profit than gold. This might be the second advantage of bitcoin.
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Bitcoin is a popular cryptocurrency in the world cryptocurrencies platforms. Many countries are accepting bitcoin as their transactions systems and banking system. Many countries considering cryptocurrencies as their countries assets and wealth.
I agree with you that Bitcoin is a popular cryptocurrency among cryptocurrency platforms. The price of Bitcoin is increasing day by day and its popularity is increasing day by day. Bitcoin is called the king of cryptocurrencies.
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It is possible that in the future, different countries will use bitcoins as well as gold as reserves of the country's wealth
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The increase that occurred in Bitcoin did show that Bitcoin was on the scale of an increase in other coins. Because I noticed that altcoins will increase along with the increase in Bitcoin. And it seems that Bitcoin is starting to be glanced at by various countries and is likely to be inaugurated soon.
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It is possible that in the future, different countries will use bitcoins as well as gold as reserves of the country's wealth
You are right to say that in the future you will prefer Bitcoin over gold. As Bitcoin's popularity continues to grow day by day, it is hoped that Bitcoin will reach its destination. Bitcoin will one day take the place of gold.
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Maybe for now Bitcoin is the Gold in Cryptocurrency. because currency is very popular in the crypto world and is the most valuable asset. With so many holders of bitcoin assets, trading on the crypto market is automatically busy with demand and sales.
Yes I think It is true. Bitcoin is good of crypto currency. Bitcoin is worthing for Short term investment and daily trading now. I have used this coin for daily trading and have gotten profit from it. Let's do it mate
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Bitcoin really in the future will be able to reach the same heights as gold, it just will take a lot of time and of course the recognition of the whole world is needed, and the recognition will come when bitcoin will begin to reach new heights and then more and more countries will start using bitcoin and then, quietly, bitcoin will begin to catch up with gold.
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It may be probably true. After the ear of cryptocurrency, many people are rich because of BTC. Many people are changing their life become much better because of crypto, both from trading or event investment. I actually don't really mind about the scale of the wealth in this world, but in fact, it may be one of the scales.
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Bitcoin has long been a reference for many other coins. And indeed many coins have also increased with the increase in Bitcoin. So don't be surprised if Bitcoin is also getting a lot of attention from various countries. Even Bitcoin is starting to be considered capable of beating gold, because its value is so great. And indeed the more people get to know technology, the more people join crypto and Bitcoin.
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Bitcoin can benefit an investor. That means investing in Bitcoin is the most profitable. Because the coin does not harm anyone.
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Does it mean that many more people related to this situation, Bitc is still a very favorite consumption? And now, I also feel the Bitcoin has changed many people's lives,. Now many people are with the certain time fo cryptocurrency. Actually, I really believe that BTC can be the center of currency around the world.
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By looking at its development, BItcoin is indeed progressing better than gold. Bitcoin, which has only been around for about 10 years, with gold that has existed since the time of our ancestors, it turns out that today many modern people choose to invest in Bitcoin. This shows that Bitcoin could be a scale of progress for a country. Where if many people know and invest in Bitcoin, then surely the country is developed.
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Yes, of course. Bitcoin has been seen to be much cheaper at one time. But now its price has started to increase a lot. The way the popularity has started to grow, it seems that some countries will be considered as real assets. We will soon see that this bitcoin will increase further in a few days. It will surprise everyone.
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It could be like that because if an Exchange in a country has a lot of Bitcoin, then it is certain that the Exchange provides a lot of trade tax to the country.
But if that country blocks Bitcoin, then it is certain that the country does not have tax results from trading.
The logic is that for every trade in a country that opens for Bitcoin, it is certain that the exchange is subject to taxes etc. and that is purely state revenue.
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Isn't this arguably too fast to measure the wealth of a country with Bitcoin. Because, there are many other benchmarks such as gold, coal, oil, gas, industry, tourism, and others. Bitcoin or cryptocurrency is a new thing and there are only a few people who do it.
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I see that currently there are still many people who believe in gold more than Bitcoin. However, slowly I think a lot of people will soon be moving into Bitcoin. Especially after seeing that Bitcoin can make someone rich in an instant.
Gold and bitcoin are two different things, so you must consider carefully before investing. I am an optimistic person, I choose to invest in cryptocurrencies over gold because I believe in my grasping ability to increase the value of my assets with electronic technology.
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I see that currently there are still many people who believe in gold more than Bitcoin. However, slowly I think a lot of people will soon be moving into Bitcoin. Especially after seeing that Bitcoin can make someone rich in an instant.
I believe investors of gold will make an entry to in bitcoin yet I don't believe they will leave gold. Investors are wise and opportunistic which is why they will remain in gold while investing in bitcoin.
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Yes bro you are right Bitcoin is the most popular platform in cryptocurrency. Bitcoin is seen in many countries as a banking system and all stock markets transact through Bitcoin. They think bitcoin is their own asset.
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Apart from being the best coin in crypto history, Bitcoin is also able to scale the progress of a country. Where developed countries like America and China also have the most Bitcoin. It's also possible that the big investors came from there.
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I've only read about one country that Iran has ordered the sale of mined bitcoin coins to the country's central Bank. Perhaps this is done in order to avoid sanctions, which are now harmful to the development of the economy.
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I've only read about one country that Iran has ordered the sale of mined bitcoin coins to the country's central Bank. Perhaps this is done in order to avoid sanctions, which are now harmful to the development of the economy.
There are many countries that they reserve gold in case of potential risks. In the future, maybe they will invest more in Bitcoin because it is easy to orchestrate and its popularity in the future.
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Agree. Currently bitcoin has become a favorite field for everyone to invest. Its value is increasing. However, to get to a level like gold is clearly difficult, because until now there are still many countries that have not allowed bitcoin ...
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I see that between gold and bitcoin are different fields, with their respective uniqueness. Gold is clearly faster because it is physically more liquid and able to be accepted in all parts of the world. While bitcoij is a new investment technology that is more challenging and promises faster returns
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It's obvious that bitcoin can be a scale of a country's wealth, the price movement actually can fetch a large profit within a short period of time, bitcoin can't be compared to gold, it has more opportunities than gold, gold seems to be an outdated form of Investment and also it gives low profit due to its stagnant price tho gold is accepted globally and it's market capitalization is much more higher than bitcoin.
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Really? But I don't think so. Many people that have Bitcoin don't show their wealth to others. But They always make surprising thing by buying more and more things in the real world. However, they are still uncovered probably because of the taxes or others. And we can see this as criteria of the country wealth
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How will we measure wealth in bitcoins if the majority of bitcoin holders do not want to disclose to the state the size of their bitcoins?
Anyway, with such high price volatility of bitcoin, this is unrealistic.
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Is it really that people who have many Bitcoin will really show it and report to the country so that we can see the data of the country's wealth based on this? I think it will not. Many people are anonymous and they do not want to be seen as Bitcoin holders or traders. In this case, how can we measure that Bitcoin can be the scale of country wealth?
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If in fact the gold market cap is overtaken by Bitcoin it will feel its perfection and make everyone throughout the market get rich quick.
I think if Bitcoin wants to beat the marketcap of Gold it might need a very high price, for example for 1 Bitcoin = 500,000 USD. lol amazing!
In other words, even the Bitcoin market cap with a price like that will feel up and huge which can beat the market cap of Gold.
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Bitcoin can certainly do a lot more development around the world. I believe that the way the price of Bitcoin is increasing, Bitcoin is gaining popularity all over the world. Only Bitcoin can take the whole world on an equal footing. For this, cryptocurrency must be introduced to the people of all countries.
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I think at this time it still can't be like that because until now there are still many people who have a high number of bitcoins and even the richest countries don't know exactly how many bitcoins they have because bitcoin owners are anonymous so it is not certain which country has bitcoin the most.
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Of course not. No one can count how many bitcoins people have in a particular country. And the amount of money in bitcoins will not be so large that other markets and other values can be ignored. It is unlikely that cryptocurrency will be able to bypass other markets in terms of capitalization.
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Really? But I don't think so. Many people that have Bitcoin don't show their wealth to others. But They always make surprising thing by buying more and more things in the real world. However, they are still uncovered probably because of the taxes or others. And we can see this as criteria of the country wealth
You are right. In my country to measure a person's wealth, bitcoin is not yet one of the criteria. Very different from gold. Bitcoin remains an invisible asset until they spend it on other luxuries ...
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How can we measure people's wealth by the number of bitcoins, if bitcoin in many countries does not even have any legal status and is outside the legal field. If we compare it to gold, gold is officially recognized in all countries and has a market value. Investments in gold started a long time ago, in bitcoin the last few years, so bitcoin cannot be a scale of wealth.
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How can we measure people's wealth by the number of bitcoins, if bitcoin in many countries does not even have any legal status and is outside the legal field. If we compare it to gold, gold is officially recognized in all countries and has a market value. Investments in gold started a long time ago, in bitcoin the last few years, so bitcoin cannot be a scale of wealth.
Today there are many examples in the world where countries possess a large amount of oil, gold or other values, but this does not in any way affect the well-being of that people. The whole problem is in their governments. But Bitcoin will be able to protect everyone from the depreciation of their savings, and will also give the opportunity to be independent from government actions.
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Of course Bitcoin is an invaluable resource for the whole world. Bitcoin is now the most widely used currency in the world. Different types of payments are being made through Bitcoin. And everyone thinks of Bitcoin as their own asset because investing in Bitcoin has made them huge overnight. At present, Bitcoin can be considered as a resource of the whole world.
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Maybe when the time of cryptocurrency dominate over fiat. Bitcoin is potential to become the future number one crypto to be use as the main coin. The country will strictly regulate Bitcoin just for the record and make it as asset. Someday we can see Bitcoin reigning around the world.
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When we talk about the market capitalization of each asse gold and Bitcoin, it too far than we think it is, why? Because gold has already been here since thousands of years ago compared to Bitcoin which is just more or less ten years of existence. What I mean is that with Bitcoin in just ten years, we already hit billions of dollars how much more in the near future?
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By looking at the price of Bitcoin which is so high, it is not surprising that many see Bitcoin as the scale of success for a person and even a country. By owning a lot of Bitcoin, people can now be called rich people.
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When we talk about the market capitalization of each asse gold and Bitcoin, it too far than we think it is, why? Because gold has already been here since thousands of years ago compared to Bitcoin which is just more or less ten years of existence. What I mean is that with Bitcoin in just ten years, we already hit billions of dollars how much more in the near future?
You may think like that. But you shouldn't forget that the speculation factor in bitcoin trading is much bigger. It could be that the potential is much greater shot, or vice versa. And it is very different from the characteristics of gold
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Maybe it maybe the other side of a coin. I agree that this has endless opportunities just for now and nit until the government would decide what will be the thing to do with bitcoin because if that will happen many for sure will sale their asset just to make sure that the government will have power over their wealth.
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Maybe it maybe the other side of a coin. I agree that this has endless opportunities just for now and nit until the government would decide what will be the thing to do with bitcoin because if that will happen many for sure will sale their asset just to make sure that the government will have power over their wealth.
I completely agree with your opinion, as many Bitcoin holders feel free and rich until the government takes over their assets. Although you can be a secret millionaire and not tell anyone about your financial capabilities. But only with this you need to live very modestly.
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It's obvious that bitcoin can be a scale of a country's wealth, the price movement actually can fetch a large profit within a short period of time, bitcoin can't be compared to gold, it has more opportunities than gold, gold seems to be an outdated form of Investment and also it gives low profit due to its stagnant price tho gold is accepted globally and it's market capitalization is much more higher than bitcoin.
It is hardly worth hoping that states will measure wealth in bitcoins. Bitcoin holders themselves will also not fully disclose their wealth. A significant proportion of bitcoin holders will not move their bitcoins and will keep them hidden even from the tax authorities.
In addition, the high price volatility of bitcoin will also not contribute to accounting for such wealth.
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It's obvious that bitcoin can be a scale of a country's wealth, the price movement actually can fetch a large profit within a short period of time, bitcoin can't be compared to gold, it has more opportunities than gold, gold seems to be an outdated form of Investment and also it gives low profit due to its stagnant price tho gold is accepted globally and it's market capitalization is much more higher than bitcoin.
It is hardly worth hoping that states will measure wealth in bitcoins. Bitcoin holders themselves will also not fully disclose their wealth. A significant proportion of bitcoin holders will not move their bitcoins and will keep them hidden even from the tax authorities.
In addition, the high price volatility of bitcoin will also not contribute to accounting for such wealth.
For sure, those who have at least a little bit of bitcoins will not disclose this information and report it to the tax authorities. The state authorities in many countries treat bitcoin negatively and people are not protected in any way from the arbitrariness of other people who can just come home and take bitcoins from a person.
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Bitcoin is the cryptocurrency reigning. Bitcoin is a virtual currency. It is not made for any specific country. So Bitcoin will rule the whole world
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It may not the countries but the business institution. Government will not let Bitcoin as the scale of country's wealth not unless the world is in engaged condition into cryptocurrency where everybody's using this kinda technology. While Businesses institution are now in consideration to invest in Bitcoin as they can double the profit in a short time. They know Bitcoin will become their safe place once it pump hard. Of course they know the risks and assuming they already planned about the possibilities and the blind spot in Bitcoin investment.
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It's obvious that bitcoin can be a scale of a country's wealth, the price movement actually can fetch a large profit within a short period of time, bitcoin can't be compared to gold, it has more opportunities than gold, gold seems to be an outdated form of Investment and also it gives low profit due to its stagnant price tho gold is accepted globally and it's market capitalization is much more higher than bitcoin.
It is hardly worth hoping that states will measure wealth in bitcoins. Bitcoin holders themselves will also not fully disclose their wealth. A significant proportion of bitcoin holders will not move their bitcoins and will keep them hidden even from the tax authorities.
In addition, the high price volatility of bitcoin will also not contribute to accounting for such wealth.
I believe it is too early to talk about the impact Bitcoin will have on the financial systems of countries. The fact is that after 10 years there is a chance of getting a more stable Bitcoin with a high value, which in reality will be a stable value and can be used as a reliable storage. And the government, in that case, will have to come to terms with the use of the Bitcoin payment system, withdrawing paper money from use.
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I hope gold and bitcoin are God asset to invest with. Although bitcoin is volatile many investors are already knowledgeable when it comes to reading the movement and the perfect time to invest. Thus, the risk is being neglected because of the possible high profit than gold. This might be the second advantage of bitcoin good platform.
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Bitcoin is a cryptocurrency. Anyone who currently owns a cryptocurrency owns over হাজার 50,000. There are many crimes being committed with cryptocurrency at present. The main reason for this is that the demand line of cryptocurrency prices is all these.
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The country is very different from the system used by Bitcoin but in the market cap everything is the same, namely the nominal money in circulation for Bitcoin.
I see Bitcoin as truly something unique because it is able to make a very strong Hive and turn all assets into valuable from the various altcoins that are created.
Also, now many marketcaps from every country are cheered by the marketcap of Bitcoin and this is really amazing.
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I assume 1 Bitcoin is equivalent to $100,000 in 4 years from now. If the person will buy 5 Bitcoin now at $57,000 per coin then in 4 years later the value will be $100,000 or $200,000. That person will become rich. Because we are talking about the country, if the country will buy 2,000 or 10,000 Btc now and hold it for 4 years. The possible result is additional economic country's fund. But most likely Bitcoin will not be the scale for country's pride.
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Yes you are right. Bitcoin is very popular these days.The amount of bitcoin that is currently advancing is much higher. This bitcoin is the first coin in all cryptocurrency coins. I think it will go to a better position.I hope Bitcoin is in a better position.
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I assume 1 Bitcoin is equivalent to $100,000 in 4 years from now. If the person will buy 5 Bitcoin now at $57,000 per coin then in 4 years later the value will be $100,000 or $200,000. That person will become rich. Because we are talking about the country, if the country will buy 2,000 or 10,000 Btc now and hold it for 4 years. The possible result is additional economic country's fund. But most likely Bitcoin will not be the scale for country's pride.
according to some official statements of specialists and analysts of the cryptocurrency market, Bitcoin can reach $ 100,000 this year and even surpass this threshold. the turning point will be exactly the summer of 2021, but we still need to wait for this moment to be convinced of its fidelity.
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I do not expect Bitcoin to become an asset of the country's wealth, if that happens then the price of Bitcoin can be controlled by some people, the price of Bitcoin is very high at this time, some countries may already have Bitcoin through mining, but I am worried that someday when the Bitcoin price increases rapidly, we can only see because the price of Bitcoin is very expensive and in my opinion, if the price of 1 Satoshi becomes $1 in the future, then we will have to save a small Bitcoin for the next 3 to 5 years
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The countries that have a lot of Bitcoin buy it too, although I am sure there are plenty of mining operations out there too.
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States will not accept Bitcoin or other decentralized cryptocurrencies as a scale for measuring wealth. The economy of any state operates on completely different principles.
The high price volatility of the cryptocurrency will not allow integrating bitcoin into the financial system of states. And this is not the only serious obstacle to this. Therefore, you shouldn't even be encouraging yourself. The price is not the main thing in this matter, as many believe. The price of a cryptocurrency is actually only an agreement of the participants in this market about its certain price, since it is not backed by physical values. Today bitcoin can be priced at one hundred thousand dollars, and tomorrow it can be valued at ten dollars. It cannot be a scale for measuring value for states.
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We all know gold in the ancient time after it was discovered it became part of the greatest wealth of a kingdom and the treasures that all invaders longed for. Gold is also the best offering in human history as far as treasures is concern (I'm sure even today). There's nothing we can ever imagine as dominant and as popular than gold. Until ten years ago bitcoin was born and no one thought it would be in great value the first time it is introduced to the world except the believers.
Now in just 10 years 1 bitcoin can make someone rich who is living in the third world. Bitcoin market current capitalization is at $227 billion, while gold is 40 times bigger which currently is about $9 trillion. The highest gap is too obvious but of course this is just natural since gold has been in the market long before bitcoin is created.
Though the gap market capitalization of gold is high, we can see that bitcoin bears too much potential to reach the current market cap of gold. It is the first ever currency yet digital that holds an endless opportunity in the market the very unique thing we can compare to gold and might be a scale of a country's wealth in the future.
What do you think?
I absolutely agree with you there. We have seen how some countries Fiat currency are turning to dust, El Salvador made the great move with Bitcoin now we are currently seeing the Turkish Lira is dipping
(https://i.imgur.com/F1I7XkV.jpg)
which means eventually, most countries will face this problem of fiat money losing value due to inflation, and what next, most countries will eventually adopt Bitcoin or Cryptocurrency in some form.
True Gold has been around for generations and has had that adoption by all, even my Grand Parents knows Gold but not Cryptocurrencies but over the years to come, the young crypto enthusiast now will be the Old Crypto Gurus then still being followed by the new young even more crypto savvy youths and maybe the adoption will be more widely spread and as for the market cap differences, it is not that Gold has been constantly increasing in price but just widely adopted as I mentioned earlier.
The Blackline is Bitcoin price movement since back 2011and the yellow line is Golds Price
(https://i.imgur.com/a6WkDDa.jpg)
And this is where we are just yesterday.
(https://i.imgur.com/9zM9Jl5.jpg)
Gold is very much stable in price compared to BTC but just the adoption gives it the MC it has right now which can be the same for Bitcoin over the coming years.
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We know that bitcoin is one of the best valuable currency in the cryptocurrency market. We also know that many countries are accepting it's transaction system and banking system. Because it's the very prefer than others currency. We also know that it's popularity is very high level than others. We also know that the price of bitcoin is increasing day by day. I believed that in the future time bitcoin price is increasing, so I think it's the great future for us.
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I think these are two different things, gold as a natural fossil can be used in different ways, either as a measure of savings or as a beautiful decoration, is also recognized all over the world, bitcoin is still far from gold, but still sooner or later we will come to the fact that bitcoin may replace gold in real life.
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Where I live, gold was mined before! The mountain, which is located on the coast of the lake. It was mined by people who lived nearby, then abandoning all work, blew up the mountain and left with the mined gold. Gold, silver are precious metals compared to digital gold called bitcoin. In the third world, bitcoin is the progress of all mankind. Bitcoin could be priced at a million dollars and up very soon. When 1 satosha is valued at 1 dollar. What will certain countries do for this indicator when it is a completely decentralized cryptocurrency. Absolutely nothing, because those countries that will legalize bitcoin, such countries will come out in plus for economic reasons. Bitcoin is doing good today for tomorrow.
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Experts and analysts have clearly miscalculated the official statements about the Bitcoin price of one hundred thousand dollars by the end of 2021. There are three days left until the end of the year, and the price of bitcoin is now $ 47,514. A little short of one hundred thousand dollars.
I think that states will not be delighted with the rise in the price of bitcoin and will not measure the wealth of the country. On the contrary, if states consider that cryptocurrency, including bitcoin, will pose a threat to the stability of their financial system, then they can take measures so that it is not a scale of wealth.
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You know, this is a very interesting topic for discussion, I even thought about your words and I will answer most likely yes than no, bitcoin can still become the property of a country or region. Sometimes I come across news that politicians from different countries declare their income in bitcoins, what if not the recognition of the value of bitcoin by the politicians themselves?
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You know, this is a very interesting topic for discussion, I even thought about your words and I will answer most likely yes than no, bitcoin can still become the property of a country or region. Sometimes I come across news that politicians from different countries declare their income in bitcoins, what if not the recognition of the value of bitcoin by the politicians themselves?
Cryptocurrency, including bitcoin, is of particular value to people and the state as a whole. But after all, cryptocurrency is not the only value and not even the main value. Therefore, it is hardly worth focusing on this. Cryptocurrency does not yet play a significant role in the global financial system and, apparently, states will not allow it.
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Bitcoin is a great project and this will change so many peoples life becasue they will earn good money. Crypto is a great project and this will go high so much in future and those peoples which invest so much money and hold this.
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By looking at the enormous development of Bitcoin, I am sure that this Bitcoin will indeed be able to compete with the circulation of gold one day. Where people are starting to get to know technology well. So in the end you will prefer to invest in a more contemporary one, namely investing in Bitcoin.
I think It seems difficult to happen mate. I don't believe bitcoin has potentially to compete with the circulation of gold one day.
Gold is born at long years ago and almost every one know what is gold ? but didn't know what is bitcoin, that's the fact.
Gold is more popular and I think it will take along years again, bitcoin will so popular as gold.