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Author Topic: Can Bitcoin surpass Gold in utilization?  (Read 3887 times)

Offline taufik123

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Re: Can Bitcoin surpass Gold in utilization?
« Reply #45 on: February 25, 2025, 08:04:37 PM »
Your wife is very lucky to have a husband who is very intelligent and understands very well how to properly sell assets like this. Not many people understand the science of trading like this. As long as we have a very high curiosity and want to try something new, we will get good results like you have been doing for years until now. Keep these two assets well because the price still has the potential to be more expensive than it is now.
I've been thinking about it for a long time, when Bitcoin touched the price of $20k which became a revival for me also with my Bitcoin investment and some of the altcoins I held

Start holding physical assets like gold for comparison and two different types of investments but both can make good profits.
The $100k Bitcoin target has also been achieved and I took some profits in the ATH because it is already the main target.

for gold alone I still hold some and some are sold for a profit and also the same as Bitcoin,
but now start buying back when the price of Bitcoin drops quite drastically.

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Re: Can Bitcoin surpass Gold in utilization?
« Reply #45 on: February 25, 2025, 08:04:37 PM »

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Offline Gurujebs

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Re: Can Bitcoin surpass Gold in utilization?
« Reply #46 on: February 25, 2025, 08:29:04 PM »
Gold is generally accepted everywhere and that is its greater advantage over bitcoin but you see, bitcoin in the form of a digital make it really easy for everyone to make use of rather than holding a solid piece of metal which with monetary value. And if you don't have a good storage system you could end up losing your gold to the hands of burglar. Bitcoin is a currency for everyone just as gold is, and I believe it will rise above $200k in the future the only reason its where it is today is because most governments are still fighting it whereas there are many persons who would love to be enthusiastic about it but are restricted because of their government policies. Fuck the governments.

If you look at the number of people that are having Gold and people that are having Bitcoin, the math correlation is very small with Bitcoin. If indeed people that are holding Gold today decide to buy same amount of Bitcoin, believe me Bitcoin price will break the internet, there is going to be scarcity we have not seen before in crypto space.

There are people that pretend to have nothing but possess gold on there hands, if such people decide to go under the ground to buy same amount of Gold, and then decide not to let people knows about their Gold, it will make demand increase and less supply.
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Re: Can Bitcoin surpass Gold in utilization?
« Reply #46 on: February 25, 2025, 08:29:04 PM »

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Offline KincaidT

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Re: Can Bitcoin surpass Gold in utilization?
« Reply #47 on: February 26, 2025, 09:00:36 AM »
Gold is generally accepted everywhere and that is its greater advantage over bitcoin but you see, bitcoin in the form of a digital make it really easy for everyone to make use of rather than holding a solid piece of metal which with monetary value. And if you don't have a good storage system you could end up losing your gold to the hands of burglar. Bitcoin is a currency for everyone just as gold is, and I believe it will rise above $200k in the future the only reason its where it is today is because most governments are still fighting it whereas there are many persons who would love to be enthusiastic about it but are restricted because of their government policies. Fuck the governments.

If you look at the number of people that are having Gold and people that are having Bitcoin, the math correlation is very small with Bitcoin. If indeed people that are holding Gold today decide to buy same amount of Bitcoin, believe me Bitcoin price will break the internet, there is going to be scarcity we have not seen before in crypto space.

There are people that pretend to have nothing but possess gold on there hands, if such people decide to go under the ground to buy same amount of Gold, and then decide not to let people knows about their Gold, it will make demand increase and less supply.

If many gold holders shifted their wealth into bitcoin, the price could skyrocket due to limited supply. However bitcoin and gold attract different types of investors so this shift isn't guaranteed. Gold has been a trusted store of value for centuries while bitcoin is still gaining mainstream adoption. Watching how big investors move their money will be key to bitcoin's future growth.

Offline JorvikCoin

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Re: Can Bitcoin surpass Gold in utilization?
« Reply #48 on: February 27, 2025, 05:45:18 AM »
If many gold holders shifted their wealth into bitcoin, the price could skyrocket due to limited supply. However bitcoin and gold attract different types of investors so this shift isn't guaranteed. Gold has been a trusted store of value for centuries while bitcoin is still gaining mainstream adoption. Watching how big investors move their money will be key to bitcoin's future growth.

Gold fans switching to bitcoin could send its price through the roof since there's only so much bitcoin out there. But gold's old-school reliability pulls different folks that bitcoin's fresh vibe so its is not a done deal. Big money moves will spill the beans on bitcoin's next big leap.

 

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