Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: bdamenaakter on October 04, 2018, 08:57:42 AM
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
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Gold and bitcoin is far different from each other. Gold is good for long term holding. This is also good investment that we can guarantee the safety and the profit due to not volatile value of gold. Bitcoin is volatile that scared some people because of pumping and dumping scenario that seems will not leave bitcoin. I think bitcoin will not replace gold because gold is difficult to cast out.
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bitcoin and gold is diferent,
gold is using by many thing.
and bitcoin is like a currency, just for payment.
I think bitcoin will never replace gold, like gold will never replace bitcoin
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Surely that will happen. If Bitcoin continues to develop and continues to experience a good market, then people are more interested in Investing in Bitcoin than Gold, especially the younger generation today. But for parents, most of them choose Gold, because according to them there is a form and the results are guaranteed. I don't know this is my personal opinion.
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I think bitcoin will replace gold because the value or assets in security are very comfortable with bitcoin.
gold also has special features but I prefer bitcoin for my assets ..
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I think bitcoin will replace gold because the value or assets in security are very comfortable with bitcoin.
gold also has special features but I prefer bitcoin for my assets ..
in terms of value to price maybe bitcoin replace gold, but in terms of physical appearance gold is really not amazing than bitcoin, I think we dont need to compare gold to bitcoin because they are really different they run in a differentt way only one thingvis certain they are used as an investment for good.
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I don't know why you think bitcoin wants to replace gold. I think it won't happen, bitcoin is a digital asset and gold is the asset in real life. They have their own advantages, and they cannot be compared. Bitcoin has a good future in digital asset and currency, while gold is still best investment in real life.
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I don't understand why anyone thinks bitcoin will replace gold. I don't think that will happen because bitcoin and gold are far different in terms of price value or physical appearance. I think there is no need to compare gold with bitcoin because they are completely different they run differently. gold is an asset in real life and while bitcoin is a digital asset. they have their own advantages they cannot be compared
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Bitcoin has already partially become a substitute for gold, but in the digital world. There are many people who prefer to partially keep their funds in Bitcoin. This suggests that the potential and value of Bitcoin make it a full-fledged digital gold with similar characteristics with classic gold.
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I don't think bitcoin can replace gold because bitcoin and gold are very different in terms of price and in terms of appearance.
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In the investment value this might happen, because the price of Bitcoin can rise significantly. And of course this will make investors easy to make a profit. and certainly many investors prefer Bitcoin than Gold for investment. But we need to remember, Bitcoin is a digital item while gold is jewelry, and in terms of usage, Bitcoin will not be able to replace Gold at all.
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In the investment value this might happen, because the price of Bitcoin can rise significantly. And of course this will make investors easy to make a profit. and certainly many investors prefer Bitcoin than Gold for investment. But we need to remember, Bitcoin is a digital item while gold is jewelry, and in terms of usage, Bitcoin will not be able to replace Gold at all.
what you say is true. bitcoin cannot be seen in terms of his form he will be virtual while gold can be seen and felt are real. intimately connected with fashion jewelry so this is what makes it difficult to replace the bitcoin position, although both are same as a good alternative for investing.
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Probably bitcoin will not replace gold because gold is different in uses and have more stable aspects and compact trust from the people.
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gold is used as a reserve asset for the currencies in the world and the supply must be found can`t created, for me btc can`t replace it but it can act such as e-gold.
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I don't think bitcoin can replace gold. because bitcoin and gold are very different. bitcoin cannot be seen in physical form while gold is seen as fashion jewelry. jafi bitcoin and gold are very different in terms of price and appearance. I don't think bitcoin will be able to replace gold because they are completely different from what people think. because gold is an asset in real life while bitcoin is a digital asset so they have their own advantages and cannot be compared
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bitcoin and gold are different, so bitcoin will not be able to replace gold, because bitcoin is only digital, whereas gold is a tangible asset, all must have different options for investing.
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The old community will still invest in gold rather than bitcoin. Because of this, even though bitcoin is becoming popular, it will not replace gold for the future. But they will grow side by side.
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Gold has been used by mankind for thousands of years, and it is also used as ornaments besides its value. That's why there's no possibility that bitcoin will replace gold.
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I think bitcoin will replace gold because the value or assets in security are very comfortable with bitcoin.
gold also has special features but I prefer bitcoin for my assets ..
I don't understand why you think that bitcoin will replace gold. but I don't think that will happen, because in my opinion bitcoin is a digital asset and gold is an asset in real life. and they have their own strengths, so I don't think they can be compared. because Bitcoin has a good future in digital assets and currencies, while gold is still the best investment in real life
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For me Gold cannot be replaced. Because gold is ingrained in this world and has become an idol of many people. It's not easy for Crypto especially Bitcoin to be able to replace Gold. Because since ancient times gold has become a favorite of many people. For me, Bitcoin is more profitable than gold, but for me Bitcoin will never be able to replace gold.
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For me I think bitcoin cannot replace gold although bitcoin is also expensive but it can't surpass gold because its market value is very stable the its markets value increasing every now and then unlike crypto currency investment in which the market price is too volatile.
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Even though bitcoin is becoming popular, it will not replace gold for the future. But they will grow side by side. Even though the old community will still invest in gold rather than bitcoin.
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Gold Us gold and whatever comparison or bitcoin will make to surpass gold will remain in a hopeless position. It's like hoping a miracle on the side of bitcoin against gold.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
Yes I think Butcoin will replace good soon. Maybe at the next year. Bitcoin is very potential.
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I don't understand why you think bitcoin is possible to replace gold. Gold has fundamental differences on its value. Gold seems more stable and tends to rise constantly. While bitcoin is very volatile and unstable, although the value can rise very significant. These facts show us that bitcoin and gold have their own over-plus on investment sector.
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Bitcoin is only digital, while gold is a real asset, all must have different options to invest.
bitcoin and gold are different, so bitcoin will not be able to replace gold.
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In fact, both gold and Bitcoin are same as the precious investments. The two terms can lead the holders to be a billionaire in short time. However, the profits mus e got by some different and smart strategy. We may not only think of the profits of the two but also the ways to reach it. Gold is more stale. Bitcoin is more volatile. However, the two have different situation that make them both worthy.
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I think replace gold in a recent research note for investors the analyst laid out five criteria that gold fulfilled as what is know as a safe have investment and that bitcoin and other cryptocurrencies would also need to succeed at to be consider an investment on par with the shiny precious metal.
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I think bitcoin will not replace gold, because in my opinion they have their respective roles, and I am sure that bitcoin will increase its price faster than gold, but gold is needed in the government.
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Bitcoin can emulate many features of gold.
I think portability is the biggest gold asset. You can move a lot of wealth with a relatively small amount of gold. And gold is easy to store, and relatively easy to hide.
Bitcoin has the same features. You don't even need to smuggle gold to avoid government detection. The ability to move digital money opens new avenues for criminals or people who are afraid of government detection to be able to transfer money smoothly.
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I don't understand why people think that bitcoin will replace gold. But I don't think that will happen because in my opinion bitcoin and gold are very different in terms of value or physical appearance. so I think we don't need to compare gold with bitcoin because they are really much different and they run differently. because gold is an asset in real life and bitcoin is a digital currency asset. they have their own strengths and cannot be compared
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For Bitcoin, it looks like it will be difficult to replace Gold. Because Gold is a good investment tool too and many devotees even the entire world community will certainly want it with Gold. Unlike Bitcoin, there are those who reject Bitcoin, like banks and government and big companies. So that in my opinion bitcoin still cannot replace Gold in the investment place even though it is more profitable.
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I do agree that these two should not be compare because Bitcoin and gold has different aspect in termsnof value and apperance.But these two have a similarity in terms of valuability in terms of price value.
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Gold have its usage so is bitcoin, so none will replace each other, the only thing is that bitcoin is now the trend and Gold seems no longer on the trend.
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in my opinion Bitcoin and gold are certainly much different, gold has physical evidence while Bitcoin is only in the digital world and if the price of Bitcoin continues to soar then gold in my opinion will be replaced by Bitcoin
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Gold is not a competitor of Bitcoin, but in my opinion, gold will not be replaced by bitcoin because gold and bitcoin are different investment assets. Although both have value, their structure and functions are very different in structure
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I think it cannot be because gold use more than bitcoin. I'm referring to gold potential and uses in the society. It helps to eliminate fake ICO and scammers. Bitcoin is more vulnerable to bad guys.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
I think Bitcoin will replace gold, It will take several years. Because bitcoin is still high volatile.
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in my opinion they have their respective roles, and that also includes bitcoin and gold, and they have their own use, because we all know that bitcoin has a very high price and a very good role in digital currencies, and gold as a reference in state finances.
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Gold is irreplaceable, It will be always the most priority of every single one to invest. While bitcoin also has a good potential for an alternative of digital investment. I don't say gold is better, but gold seems safer and proven as an investment objective.
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No, bitcoin cannot replace gold due to love of the people to gold. We like gold because it is necessary in our live to create beautiful creation like necklaces, crown, dress, and whatever that gold can give higher value to the item.
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Bitcoin can never replace gold because Bitcoin is a virtual gold while gold is physical just like Fiat.
They are on different levels and solve different problems.
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bitcoin and gold are different things, bitcoin is not real form, and gold is a tangible thing, maybe only the popularity of bitcoin will expand, but it won't get rid of gold
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Is impossible because gold is something that you can feel and torch, why bitcoin is a technology. They are also made for different purpose.
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Bitcoin and gold are two different things, and neither will replace each other. Bitcoin does have a high value but that does not mean it can replace gold, bitcoin is a cryptocurrency and might be able to replace fiat currency in the future.
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bitcoin has become increasingly popular and many people are starting to invest in bitcoin because investment in bitcoin will be very profitable, bitcoin can replace gold but gold will still be an investment for some people
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bitcoin will not only replace gold, but bitcoin will be an asset that defeats gold, this can be seen from those interested
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You are wrong to think that bitcoin and gold are the same and even assume bitcoin will replace gold. Bitcoin will not replace gold even though bitcoin has the potential to increase its price, but that is not the reason gold will be replaced with bitcoin, because gold has a physical form and can be a store of value and will never be replaced.
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I think Bitcoin cannot replace gold because Bitcoin is a digital currency. And not necessarily everyone knows about Bitcoin, let alone the price of Bitcoin up and down quickly. And if you can invest well, you will get a lot of profits. And for now, more people are interested in buying gold. Because gold is a real item.
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Nevertheless, bitcoin devotees continue to enthusiastically predict that it will someday replace gold to become the global store of nongovernmental monetary value.
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Bitcoin will never replace with itself neither gold, nor national money of the states. He cannot do this either technically or organizationally. Bitcoin was created as an alternative payment system and as such it should be.
Gold has always been, is and will be gold.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
Yes , I think It is possible . Bitcoin is very potential coin and very profitable. It will replace gold.
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maybe more precisely bitcoin will be our asset besides gold, but here bitcoin has decreased very drastically i will make calculations for an asset, and i think bitcoin has great potential for the long term
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I am sure that bitcoin will never be able to replace gold.
Gold is a real asset that guarantees the stability of entire countries. I don't think that any state will decide to exchange all its gold reserves for bitcoins. It's impossible.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
I think It will happen soon. The digital era will come. Bitcoin is digital gold, It is very good for investment. It will replace gold.
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First, liquidity. Investment instruments need to be traded on a regular basis, but Bitcoin is very illiquid, and investors in cryptocurrency tend to hoard Bitcoin because they believe that Bitcoin will appreciate.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
When the bitcoin is more stable , I think It will happen. Bitcoin will replace gold. Because Bitcoin has potential to do it.
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bitcoin may be used like gold, but it cannot replace gold, because gold is a form of an object that has always been considered valuable and often used for assets or money reserves
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bitcoin may be used like gold, but it cannot replace gold, because gold is a form of an object that has always been considered valuable and often used for assets or money reserves
what you say is true it is. bitcoin and gold have the same functionality that is able to serve as an investment. but gold has other values as accessories or luxury that is not denied by all women in General.
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Most likely there is a chance that Bitcoin will be able to replace gold. But this will be hard for Bitcoin. Because everyone prefers to be physical rather than digital like Bitcoin, especially gold. Surely Gold is made by many people to be different from Bitcoin. So I think Bitcoin can replace Gold, but for its value, Bitcoin won't be able to replace Gold.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
Yes I think It will happe at the future. Bitcoin will replace gold. Because bitcoin is good for investment and payment system.
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Bitcoin will not replace the gold because bitcoin is created for the different intension and gold is here a lot of years ago and it is not that easy for bitcoin to replace gold because gold already built a lot of trust for a lot of people in the world,so even bitcoin is better than gold,it will not replace gold but it will just add option for the people to where they can invest their money.
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Bitcoin can replace Gold as an investment field. But it can be recognized that Gold is more in demand and is favored by many in this world. Because of that, Bitcoin will not be able to replace Gold as easily as that and as short as that. I think Gold will be an investment tool and also good jewelry.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
Yes, It is possible. Bitcoin will replace gold. Because I think Bitcoin is digital gold and more profitable than gold.
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Logically bitcoin cannot replace gold because of different factors. Gold is natural resources that possible unending mining of of gold. Bitcoin is limited supply that becomes expensive as the years goes by because almost everything rise due to inflation rate.
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That price rise and its subsequent market correction can be chalked up to FOMO (Fear of Missing Out). The same kind of inflated values that gold once saw during mining booms and busts and is not really part of the question of whether Bitcoin will ever take or match the yellow metal’s place as a store of value.
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Yes I'm very agree others opinion that bitcion and gold is very different because bitcion is a popular and it is a currency and very profitable cions unlike gold I only keep that for long but not profitable. And gold from natural resources anytime not limited unlike bitcion is limited supply
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Gold is a physical asset that can be held by hand. It has also been used as ornaments for thousands of years. Because of this feature, it will never lose its usage. Bitcoin is a completely different asset , comparing the two is not a very accurate approach.
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I think Gold and bitcoin are much different. Gold is also good for long-term investments. which can guarantee safety and profit because the value of gold is not volatile. not like Bitcoin is volatile which frightens some people. so I think bitcoin won't be able to replace gold
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Bitcoin can replace Gold. Bitcoin is indeed better than gold as an investment field. But I think most people here prefer Bitcoin as an investment field and there are also many people who prefer Gold because gold can be made jewelry as well as long-term investments. Therefore, Bitcoin and Gold are actually needed each other.
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Bitcoin will replace gold in the future. I am sure of that. At this time I am increasingly known to Bitcoin by many people and there are many interested people and not a few countries that legalize it. Therefore I am sure that in the next 10-20 years Bitcoin will be able to replace Gold as a good investment field and also very profitable than gold.
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I don't know whether Bitcoin will be able to replace Gold or not. But I am sure that Bitcoin is increasingly becoming more and more mature and users and investors are getting more and more days. But Gold enthusiasts, too, although it is more profitable than Bitcoin than Gold, but the demand is equally increasing every year.
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Many people are saying that bitcoin is better than gold but for me i still believe tha gold is better than bitcoin or any digital currency because in terms of the market value bitcoin is so volatile and is now fluctuating so bad compare to the market value of gold which is increasing rapidly every now and then.
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Never bitcoin, nor any other cryptocurrency can replace gold with it. Gold has always been, is and will be the unshakable value. Bitcoin and gold are practically the opposite of things; there is practically nothing in common between them.
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Finally, gold remains one of the most liquid assets, traded daily in well-established exchanges all around the globe. This makes it especially useful in situations such as hurricane-ravished Puerto Rico, where 95 percent of people are reportedly still without power.
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Bitcoin and Gold can exist simultaneously, just as there are different world currencies, Gold, stocks, derivatives, and so on. Bitcoin and Gold simply have different roles, risk levels and technical characteristics. Someone wants to invest in physical Gold, and someone wants to invest in digital Gold (Bitcoin), so I do not think they will compete with each other.
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Bitcoin and Gold are two different components with different focal points. For me,The value of Gold does not diminish and is not volatile like Bitcoin so it is a better choice investment wise Oliver Bitcoin.
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It's very difficult to say that because it's clear the strength of Bitcoin can be stolen by hackers.
Then this will make the FUD for Bitcoin make the price drop or Dump, but if the gold is stolen it won't be like that or Dump.
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bitcoin is different from gold, and I think bitcoin cannot replace gold, because the supply is very limited and that makes the price of gold more stable but if bitcoin becomes an alternative investment other than gold it can happen if all countries can accept bitcoin as a means of payment
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Bitcoin is a cryptocurrency and it is a digital object that has a monetary value to us humans and Gold is a physical object
with a dimension and also has a value to us, both of this valuable things have their own advantage and disadvantage and
they will never replace each other. Bitcoin will stay as Bitcoin a digital currency and Gold will stay as Gold a valuable element.
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for now many people are turning to bitcoin to invest because bitcoin has more profit opportunities, but there are some people who still believe and feel comfortable investing in gold, so I think bitcoin can't replace gold completely
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bitcoin and gold are different. Although bitcoin can be called gold on the internet, it is very different from gold in the real world.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
It is difficult mate. It will take several years again. I see bitcoin is struggling. The price is going down.
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Never, Bitcoin can't beat Gold.
Just look now that Bitcoin lost its price and continued to fall until the price of 3800 USD.
Everyone panic and get stressed !!!
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Bitcoin is on its own level, likewise gold.
Gold is physical that's is it's feltwhile Bitcoin is virtual cannot be felt.
So when you say that Bitcoin will replace gold, I begin to imagine how possible it's going to be.
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I doublt that bitcoin will ever replace gold. Take a look on bitcoin price - during 1 year (raughly) its prices has decreased 4 times, than it was in January.
I dont remember such a fact in history of gold, thats its value has recreased 4 times in 1 year
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Never, Bitcoin remains Bitcoin and it still exists in the digital world.
Gold is in the real world and both of them have their own vision.
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Impossible, Bitcoin is digital money and also digital investment. While gold is a good investment object as well and certainly beneficial and has its form. In fact, Bitcoin and Gold are different and their world is different. So I will not agree if Bitcoin will replace Gold.
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Bitcoin and Gold are of two distinct parts. Gold is not volatile as compared to bitcoin, and its price is stable and there is no fear of holding it for a long term. When it comes to bitcoin, the price can skyrock at anytime and dump also at anytime(i.e dump and pump seniero), which means the price is not stable.
On the other hand, gold is a natural resource that has its worth and its a precious stone, but bitcoin is a digital currency, and not a natural material.
Bitcoin cannot replace gold.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
I think It is difficult mate. Bitcoin will not replace gold. I see the price of bitcoin is going down. Gold is more stable than bitcoin.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
I think It is difficult mate. Bitcoin will not replace gold. I see the price of bitcoin is going down. Gold is more stable than bitcoin.
Correct there mate! ;D Yes gold has a lot of advantage than cryptocurrencies like Bitcoin but these two kinds
of assets are really different just like what you have said gold's price is really stable while Bitcoin is not and
this characteristic attracts different kinds of investors like low-risk takers will surely invest on gold and on
the other hand high risk takers will choose Bitcoin for their investment.
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Maybe, one day, when its price becomes more stable. I don't think we can hope for that in the foreseeable future though.
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everything will not be replaced because the first pure metal gold as jewelry and a safe investment in bitcoin for digital payment instruments can also be used to invest in larger value, both are equally good ..
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I do not think so. for me Gold is still a valuable object that is irreplaceable and much liked by people all over the world and even People in this world all like it. While for Bitcoin it is still not, Bitcoin still needs a long process and hard work to be famous and can dominate the crypto market in this world, especially to defeat Gold.
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Bitcoin should not be compared to Gold as they have different in terms of physical aspect but they have something in common in terms of valuability and profitability.
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It'll never happen, friend. Gold has a stable price that tends to rise day to day or even year to year. While bitcoin price is always unstable and tends to decrease month to month. I am doubt if bitcoin can replace gold.
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Everyone of us are familiar in Gold and we know that gold is too expensive and in demand in thee world market and also its market value did not drops instead it continue to increase rapidly so with this i strongly believe that gold is better than bitcoin.
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Both are not same thing, Bitcoin is virtual while gold is physical.
So it's not possible for anyone of them to replace eacth other because they have different funtions.
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
I think It will be happen at the several years again when the bitcoin is more stable. Because I see Bitcoin is still high volatile now.
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Gold is a physical asset whereas bitcoin is known as digital currency. The value of gold remains almost the same, while the value of bitcoin is unstable.
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I do not think so. for me Gold is still a valuable object that is irreplaceable and much liked by people all over the world and even People in this world all like it. While for Bitcoin it is still not, Bitcoin still needs a long process and hard work to be famous and can dominate the crypto market in this world, especially to defeat Gold.
And gold is one of the best stable investment so far when you are not a high-risk taker definitely gold will be the best
investment for people with that personality. Gold can be used by anyone while cryptocurrencies like Bitcoin is like a
privilege to us that we are able to use it and we have the ability to understand it and this is the wall that separates
these two kinds of assets "Knowledge" in my point of view.
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bitcoin and gold are different, although the value is almost the same, but the price of gold is more stable than bitcoin, and bitcoin is electronic money that is not real but exists, whereas gold is physical and real
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I think it can be, but therefor ,not the bitcoin that replaced gold, maybe other coin that somewhat in the future Will be replaced :v , go btc to $1k
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Bitcoin is virtual currency while gold is physical like metal.
The structure of Bitcoin cannot survive in. The structure of gold and so it's impossible for bitcointo replace gold
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Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
I think it can not be ever. You can not carry all time Gold in everywhere at any time that you can carry btc just you have to a smart phone and you can do your necessary works also when BTC will be accepted by everywhere. So Gold can not be a replacement of BTC.
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Gold and bitcoin is far different from each other. Gold is good for long term holding. This is also good investment that we can guarantee the safety and the profit due to not volatile value of gold. Bitcoin is volatile that scared some people because of pumping and dumping scenario that seems will not leave bitcoin.
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Bitcoin is a digital currency. But it can also be a good and potential investment place. Therefore, if we look at the future, Bitcoin will be strong and will be able to compete with Gold as an investment field. But for now bitcoin is still unable to compete with Gold despite the fact that Bitcoin is more profitable than Gold.
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Gold and bitcoin is far different from each other. Gold is good for long term holding. This is also good investment that we can guarantee the safety and the profit due to not volatile value of gold. Bitcoin is volatile that scared some people because of pumping and dumping scenario that seems will not leave bitcoin.
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I think bitcoin will replace gold because the value or assets in security are very comfortable with bitcoin.
gold also has special features but I prefer bitcoin for my assets ..
I do not understand why do you think bitcoin will replace gold. but I don't think that will happen, because bitcoin is a digital asset and gold is an asset in real life. and in my opinion they both have their own strengths, so they cannot be compared. Bitcoin has a good future in digital assets and currencies, while gold is still the best investment in real life.