Is Bitcoin Cash or Gold now?

[Power]

I am not a fan of both Bitcoin cash or even Bitcoin gold.

I am also a fan of this particular coins. But of course I believe that they are potential coins.

[TomPluz]

Yes, this is true the higher is the potential of Bitcoin the more that people are not gonna use the coin for everyday transactions, and it is because we are also speculative. Why would you use something that you know can be so valuable later? The rational thing to do is hold that something that many are thinking can be rising in value. From its current $50K average price, there is that potential to go $1M and that is just a conservative estimate and from there who knows what can be? Under this type of scenario, a simple guy like you and me would most likely not use the coin but instead "hodl" them. That is why I am seeing Bitcoin more as a store of value than as a form of money in terms of real-world function...though it is really.

[lepbagong]

Yes, this is true the higher is the potential of Bitcoin the more that people are not gonna use the coin for everyday transactions, and it is because we are also speculative. Why would you use something that you know can be so valuable later? The rational thing to do is hold that something that many are thinking can be rising in value. From its current $50K average price, there is that potential to go $1M and that is just a conservative estimate and from there who knows what can be? Under this type of scenario, a simple guy like you and me would most likely not use the coin but instead "hodl" them. That is why I am seeing Bitcoin more as a store of value than as a form of money in terms of real-world function...though it is really.

true, it seems like what you are saying is very good advice because in a situation of bitcoin that continues to increase it is very unwise to use bitcoin to make transactions.
if you are a trader maybe understandable because with the aim of looking for profit and will definitely make a purchase again.

no one can conclude until now how big and when bitcoin will create a price, it could happen anytime and all are waiting for it. In fact, what is emphasized is now that the price of bitcoin has not been maximized and there is still enough time if someone doesn't have bitcoin to pay in installments. so that when bitcoin increases sharply then we don't miss that golden opportunity.
for those who already have it to continue to hold it and make it an investment in the future.

[flyaccount]

I will choose Bitcoin for now. Because I believe this investment in Bitcoin will make me rich in no time and many have proven that. even bitcoin is currently continuing to rise and progress.

[Zed0X]

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So in your opinion, will the market determine for itself the true value of Bitcoin is cash or digital gold?

Yes, BTC as a currency (cash) or investment asset (digital gold) will be determined by each individual users.

Let us put in mind that BTC was created as an alternative to the fiat system removing third parties and other central figures that can obstruct transactions between two persons. It surely succeeded on that but people are more focused on faster and cheaper solutions unfortunately.

Personally, I feel that Bitcoin is becoming too expensive and too difficult to use like cash, it is bought by people to invest and hoard like they are doing with gold.

Spending BTC has more or less been the same for me because I know of some effective tricks to lessen the cost. Right now, my fee is 10-25 sats/vbyte which is around $1 and there are days that I spend less.


I don't see the correlation between difficulty with spending and hoarding like gold.

[XM8]

Bitcoin is a more popular coin than gold. People who are involved in cryptocurrencies must choose Bitcoin instead of gold.Because holding Bitcoin between gold and Bitcoin can be more profitable.It is possible to make a profit by investing in Bitcoin This is never possible for gold.

[yashwant]

The price of bitcoin has exceeded $ 50000 today and in future also can be more. Therefore its use in daily transactions is difficult. Bitcoin is now considered equivalent to gold. Rather I would say that the way it is growing, it is also leaving gold behind.

[satpol_PP]

Bitcoin is a more popular coin than gold. People who are involved in cryptocurrencies must choose Bitcoin instead of gold.Because holding Bitcoin between gold and Bitcoin can be more profitable.It is possible to make a profit by investing in Bitcoin This is never possible for gold.

I agree with your opinion investing in bitcoin is more profitable than gold. But I think bitcoin is not more popular than gold. Gold is more popular than crypto currency include bitcoin, but For now many people prefer invest in bitcoin.
.

[Linda78]

So it is, even now bitcoin has too much commission to use it for payments, and the further the price of bitcoin increases, the higher the commission will be. Therefore, most people choose bitcoin as a high-yield asset that will bring more income than investing in gold.

I agree with you too. Although there are rickshaws in Bitcoin, the price of Bitcoin is currently higher. The reason is that life cannot be changed without taking rickshaws in life. Bitcoin is a popular coin. Although Ordinary people have no knowledge about this, they will only support what gold is. Kings have a little knowledge of the world they must support what Bitcoin is. The idea is that the future of Bitcoin will be better Everyone.

[Trumpet]

If there is competition between bitcoin and gold, I will put Bitcoin ahead in terms of profit and gold in terms of risk reduction.Because investing in Bitcoin and Gold carries more risk in Bitcoin than in Gold.However, if it is said to be profitable, then Bitcoin will definitely be ahead because the price of gold does not increase like the price of Bitcoin.

[bayiajaib]

If there is competition between bitcoin and gold, I will put Bitcoin ahead in terms of profit and gold in terms of risk reduction.Because investing in Bitcoin and Gold carries more risk in Bitcoin than in Gold.However, if it is said to be profitable, then Bitcoin will definitely be ahead because the price of gold does not increase like the price of Bitcoin.

me too, I will choose bitcoin than gold. As you said bitcoin is more risky but also more profitable. Gold is more stable, I don't like that. That's not good for trader as me. I am really enjoy the volatility.

[ustcoin]

I don't think of both. It is always an altcoin, no matter what comes out outside of Btc. For example, bitcoin cash has appeared before. However, after a while, it showed that it was an altcoin and then it broke itself. With Bitcoin, neither Bitcoin Gold nor Bitcoin Diamond is needed. There is always one king, and that is Bitcoin itself.

[Hisbullah]

I don't think of both. It is always an altcoin, no matter what comes out outside of Btc. For example, bitcoin cash has appeared before. However, after a while, it showed that it was an altcoin and then it broke itself. With Bitcoin, neither Bitcoin Gold nor Bitcoin Diamond is needed. There is always one king, and that is Bitcoin itself.

So am I, I have invested in bitcoin not on both. Because I think bitcoin is more profitable and potential than bitcoin cash or Gold now. I have asked several friends , they prefer in bitcoin than other. I agree with them

[Mayajal]

Bitcoin Cash is the best of the two coins mentioned here.  Because Bitcoin Cash has a huge investor.  And the future of the good is much better.

[NANCY]

Yeah Al that sounds pretty crap to me, Looks like Bitcoin Cash or Gold I had no idea about it right now but I got a lot of ideas from this valuable post of yours and I hope that members like me from this valuable post of yours will get a lot of help.