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Author Topic: Will Bitcoin replace Gold someday?  (Read 31010 times)

Offline Sharelock

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Re: Will Bitcoin replace Gold someday?
« Reply #120 on: December 12, 2020, 08:33:11 PM »
Gold and bitcoin are different dude.
Gold is real, and bitcoin is digital. So it is impossible for bitcoin to replace gold. Maybe the price of bitcoin is higher than gold, but gold is a real asset that almost all countries have legalized buying and selling. But bitcoin is a digital asset that not all countries allow access to
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Re: Will Bitcoin replace Gold someday?
« Reply #120 on: December 12, 2020, 08:33:11 PM »

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Offline Emircan

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Re: Will Bitcoin replace Gold someday?
« Reply #121 on: December 13, 2020, 09:07:21 AM »
Gold and bitcoin are different dude.
Gold is real, and bitcoin is digital. So it is impossible for bitcoin to replace gold. Maybe the price of bitcoin is higher than gold, but gold is a real asset that almost all countries have legalized buying and selling. But bitcoin is a digital asset that not all countries allow access to
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.
Contact me if you need t.me/Emircande

Offline dekafee79

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Re: Will Bitcoin replace Gold someday?
« Reply #122 on: December 13, 2020, 10:10:04 AM »
In these times of turmoil, Gold is reaching new ATHs in price. But Bitcoin doesn't leave behind. With a limited supply of only 21 million coins, hardened security, and a focus on decentralization, Bitcoin is often viewed by many as the successor of Gold. One of Bitcoin's greatest benefits on top of Gold, is portability. You can virtually carry your Bitcoin with you safely when travelling, without anyone noticing. That's not the case with Gold, as you'd need to carry physical bullion with you. Other than portability, Gold and Bitcoin are very much alike.

Do you think that Bitcoin will be able to replace Gold someday? As we shift into the "intangible" world, people will "ditch" physical stuff in exchange for digital items. Bitcoin can become the new digital Gold which serves as a safe-haven asset (store of value) in times of need. Thoughts?  ::)

Maybe, But it will take along years again. Because we all know gold is old Investment and the legend. I think it is hard for bitcoin can replace gold. Gold has owned by almost all of people. So, we will see at the digital currency come, bitcoin will be.

Offline Msweet

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Re: Will Bitcoin replace Gold someday?
« Reply #123 on: December 13, 2020, 04:20:51 PM »
I think this bitcoin is much better than gold.  At a time when its value is increasing, its value will increase much more than gold.  Gold is likely to be lost. But this bitcoin is not likely to be lost. I think you can stock or save bitcoin more than gold.  In terms of holes, I think this bitcoin is the best coin.

Offline jakasantosa

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Re: Will Bitcoin replace Gold someday?
« Reply #124 on: December 13, 2020, 06:37:36 PM »
I think Gold will remain an investment asset for everyone who is not familiar with Bitcoin. If Bitcoin can replace gold, there will be many negative effects, for example for a company that is currently a company whose main function is gold metal miners will stop operating and even gold craftsmen will not make gold crafts. And the most important thing for reality is there any of bitcoin craftsmen?
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Offline gODZILA72

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Re: Will Bitcoin replace Gold someday?
« Reply #125 on: December 13, 2020, 08:39:38 PM »
I think it will not be possible to completely replace the value of gold in any case, but it is quite possible to become equal, but it will take a long time! Today, for me, gold is a safer asset for storing wealth so far, bitcoin, as a means of payment and investment)
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Re: Will Bitcoin replace Gold someday?
« Reply #126 on: December 13, 2020, 11:44:51 PM »
I think no. Gold is also like Bitcoin This has a certain limited amount of the supply in this world When it has ended and none to mine, there will be more demand than the supply. Bitcoin will be a worthy investment like Gold but not to rplace
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Re: Will Bitcoin replace Gold someday?
« Reply #126 on: December 13, 2020, 11:44:51 PM »


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Re: Will Bitcoin replace Gold someday?
« Reply #127 on: May 27, 2021, 07:41:06 PM »
I think Gold will remain an investment asset for everyone who is not familiar with Bitcoin. If Bitcoin can replace gold, there will be many negative effects, for example for a company that is currently a company whose main function is gold metal miners will stop operating and even gold craftsmen will not make gold crafts. And the most important thing for reality is there any of bitcoin craftsmen?
Bitcoin can never replace gold. Can anyone imagine that people will give up gold and gold jewelry in order to have numbers and signs with a certain amount of bitcoin in their virtual wallet? And if it rises several times and then drops in price? No, gold has existed and will continue to exist as a measure of value, a store of value and a means of payment. It's too early for Bitcoin to match it. Ten years of its existence versus millennia of gold existence is nothing.

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Re: Will Bitcoin replace Gold someday?
« Reply #128 on: May 28, 2021, 05:26:34 AM »
Both Bitcoin and Gold are valuable. But I think Bitcoin is currently the most valuable. Because nowadays most people prefer gold. Gold has a lot of popularity. However, Bitcoin is currently the most widely used form of financial transactions worldwide. Bitcoin is traded for investment and trading in various organizations. So there is a possibility of replacing bitcoin gold in the future. Because the popularity of Bitcoin is growing at a rate that is possible in the future.

Offline sacrotic

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Re: Will Bitcoin replace Gold someday?
« Reply #129 on: May 29, 2021, 08:45:02 AM »
I don't think so because gold and bitcoin have different form, law and works, they can stay together but in different line. This topic become hot because people always try to find another way for make money but no knowledge and experience make them fail. Let bitcoin grow up until final and see how the competition go, there's no winner but I'm sure opportunity for income always there.

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Re: Will Bitcoin replace Gold someday?
« Reply #130 on: June 01, 2021, 02:42:53 PM »
No way, Bitcoin cannot replace Gold because Gold is a very valuable asset that is real in this world and has been firmly entrenched in minds around the world that Gold is a valuable asset.
Almost everyone in this world has gold and certainly Gold has a phenomenal value including myself and this is something that is very useful for us in the future.

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Re: Will Bitcoin replace Gold someday?
« Reply #131 on: June 01, 2021, 02:56:32 PM »
I don't know almost everyone having gold, but yes, it is indeed very popular. And has many practical uses, which are very different from Bitcoin's uses. You can't make tooth out of Bitcoin, haha, to list the most mundane of gold's practical uses. Both have their place.

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Re: Will Bitcoin replace Gold someday?
« Reply #132 on: June 01, 2021, 08:07:49 PM »
As far as I know there are many differences between bitcoin and gold. Because Bitcoin is a virtual object and gold is a surreal object. So there is no comparison with any of them. But before we saw people buying and holding gold but now they are buying and holding bitcoin instead of gold.Because the value of bitcoin increases a lot compared to gold.
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Offline yohananaomi

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Re: Will Bitcoin replace Gold someday?
« Reply #133 on: June 01, 2021, 08:39:29 PM »
I don't know almost everyone having gold, but yes, it is indeed very popular. And has many practical uses, which are very different from Bitcoin's uses. You can't make tooth out of Bitcoin, haha, to list the most mundane of gold's practical uses. Both have their place.
yes, on average all must have gold, apart from being an investment it is also used as a disguised prestige. but both are equally good investments, the only difference is the risk involved. it is clear that gold is more secure than bitcoin, but behind it all also know that every time there is a big risk then behind it there will be a pretty lucrative income if successful. there will always be cause and effect. live which direction you will take, depending on what is in accordance with your wishes and the funds you have, of course.

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Re: Will Bitcoin replace Gold someday?
« Reply #134 on: June 02, 2021, 04:55:29 PM »
In these times of turmoil, Gold is reaching new ATHs in price. But Bitcoin doesn't leave behind. With a limited supply of only 21 million coins, hardened security, and a focus on decentralization, Bitcoin is often viewed by many as the successor of Gold. One of Bitcoin's greatest benefits on top of Gold, is portability. You can virtually carry your Bitcoin with you safely when travelling, without anyone noticing. That's not the case with Gold, as you'd need to carry physical bullion with you. Other than portability, Gold and Bitcoin are very much alike.

Do you think that Bitcoin will be able to replace Gold someday? As we shift into the "intangible" world, people will "ditch" physical stuff in exchange for digital items. Bitcoin can become the new digital Gold which serves as a safe-haven asset (store of value) in times of need. Thoughts?  ::)


Gold is stable investment and bitcoin is very volatile but bitcoin is more profitable than gold.
I think bitcoinnhas potential and will replace gold at the coming future.
Bitcoin has high demand and so popular now.
I always believed bitcoin will have promising future.

 

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