In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth'

[sirty143]

In The Coming Years, Gold Will Boom While Bitcoin 'Crashes Back To Earth': Goldbug Peter Schiff

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.

Your opinion is greatly appreciated.

[Alcor]

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.

[wahyudi]

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.

[alltalk]

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. 

[Octoalts]

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.

[signature]

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.

[Andruha1993]

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.

[tinakoya]

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

[mlawson71]

I think at this point only time will tell.

[Prime]

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.

[comer]

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.

[Cryptoz]

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. 

[Gubre]

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.

[mlawson71]

Gold has definitely been the safe haven in troubled times for centuries. Those are very big shoes for bitcoin to fill.

[Jaguar]

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.