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Poll

Which assets will you choose to accumulate:

Bitcoin (BTC)
31 (93.9%)
Gold
2 (6.1%)

Total Members Voted: 33

Author Topic: Has BTC really become more attractive than gold?  (Read 23602 times)

Offline LUCKMCFLY

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Re: Has BTC really become more attractive than gold?
« Reply #195 on: July 10, 2024, 10:13:58 PM »
They're just afraid that control isn't completely in their hands anymore, and we know some of the people who reject bitcoin come from elite circles who may have a lot of vested interests.

Exactly, and if you look at it, it's a subject that almost everyone avoids, perhaps out of fear, but we have to be honest, the biggest problem in the world is what they hide from us, and what happens with Bitcoin is that there are already some things that they don't hide, neither they nor the governments can have control, so this is something that is fabulous, for me this has a lot to do with all the best that can be given to generate new things, even so there are people who out of fear do not say these things, I think it's a good opportunity to let everyone know that things sometimes Reach that level.
It's natural for them to be afraid and try to avoid this kind of topic, because they also know who they are talking about, it must be someone with great influence.

but for me what I said is something that has become a common thing that I have seen so far. How can those who have influence benefit more from their influence, and for ordinary people or small people they can only obey the existing situation.

You're right, most people tend to Trust more in what influencers can tell them to do, what drives them to do things in a certain direction, many know that Financial freedom is achieved more easily in exchange for bitcoin than with gold, and people who believe in the normal fiduciary System that have many debatable errors, among them the most notable of all is inflation, inflation is what generates all the destabilization of any economy, but why?Because the system Allows it, who fixes it? Gold, but who would not allow Inflation? Bitcoin.
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Re: Has BTC really become more attractive than gold?
« Reply #195 on: July 10, 2024, 10:13:58 PM »

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Offline $crypto$

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Re: Has BTC really become more attractive than gold?
« Reply #196 on: July 11, 2024, 02:17:05 PM »
It's natural for them to be afraid and try to avoid this kind of topic, because they also know who they are talking about, it must be someone with great influence.

but for me what I said is something that has become a common thing that I have seen so far. How can those who have influence benefit more from their influence, and for ordinary people or small people they can only obey the existing situation.

You're right, most people tend to Trust more in what influencers can tell them to do, what drives them to do things in a certain direction, many know that Financial freedom is achieved more easily in exchange for bitcoin than with gold, and people who believe in the normal fiduciary System that have many debatable errors, among them the most notable of all is inflation, inflation is what generates all the destabilization of any economy, but why?Because the system Allows it, who fixes it? Gold, but who would not allow Inflation? Bitcoin.
People trust influencers more because they are seen as someone who understands better than them or someone who has the influence to move many people.

It actually depends on them whether they will swallow what they hear from people who have enough influence or they will re-analyze it and study it and start comparing so they can make a decision.

It cannot be denied that the system as you say is all around us and is always visible in everyday life.

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Re: Has BTC really become more attractive than gold?
« Reply #196 on: July 11, 2024, 02:17:05 PM »

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Offline LUCKMCFLY

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Re: Has BTC really become more attractive than gold?
« Reply #197 on: July 12, 2024, 12:31:32 AM »
People trust influencers more because they are seen as someone who understands better than them or someone who has the influence to move many people.

It actually depends on them whether they will swallow what they hear from people who have enough influence or they will re-analyze it and study it and start comparing so they can make a decision.

It cannot be denied that the system as you say is all around us and is always visible in everyday life.

Yes, it is as you say, well a few years ago there was not much talk about Bitcoin , they really started talking about it when bitcoin passed $20k, because everyone started to activate what was happening, how they could do to be part of this Technology , for me Things should always go the right way, you can't change ways of thinking, if a person knows that  bitcoin is the Future , well for me that is very intelligent, but if they want to make investments in gold it also seems to me that they are an Intelligent Person , only that in BTC the Amount of money that can be earned is much More.
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Re: Has BTC really become more attractive than gold?
« Reply #198 on: July 12, 2024, 11:55:51 AM »
Yes, it is as you say, well a few years ago there was not much talk about Bitcoin , they really started talking about it when bitcoin passed $20k, because everyone started to activate what was happening, how they could do to be part of this Technology , for me Things should always go the right way, you can't change ways of thinking, if a person knows that  bitcoin is the Future , well for me that is very intelligent, but if they want to make investments in gold it also seems to me that they are an Intelligent Person , only that in BTC the Amount of money that can be earned is much More.
Regarding KOLs, I currently don't know any KOL who talk about gold, but there are many KOLs who are mentioning BTC, even Musk and Trump are talking about BTC when they have the opportunity ^^

Everyone acts in their own self-interest and BTC is a perfect tool for many people to gain fame and money. I think this will continue to be true for many years to come, even though gold may have a much larger market cap than BTC, gold's popularity in the media will not be as strong as BTC.

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Re: Has BTC really become more attractive than gold?
« Reply #199 on: July 12, 2024, 12:40:32 PM »
Everyone acts in their own self-interest and BTC is a perfect tool for many people to gain fame and money. I think this will continue to be true for many years to come, even though gold may have a much larger market cap than BTC, gold's popularity in the media will not be as strong as BTC.
Regarding the media talking about Bitcoin compared to the media talking about gold, I think so... currently talking about Bitcoin is more interesting than talking about gold, so people will always remember Bitcoin as something popular... besides, Bitcoin price movements It's also crazier than gold, which is what makes the media prefer to cover things related to Bitcoin, where big risks are usually more interesting to discuss and Bitcoin has its own charm.

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Re: Has BTC really become more attractive than gold?
« Reply #200 on: July 12, 2024, 01:50:21 PM »
People trust influencers more because they are seen as someone who understands better than them or someone who has the influence to move many people.

It actually depends on them whether they will swallow what they hear from people who have enough influence or they will re-analyze it and study it and start comparing so they can make a decision.

It cannot be denied that the system as you say is all around us and is always visible in everyday life.

Yes, it is as you say, well a few years ago there was not much talk about Bitcoin , they really started talking about it when bitcoin passed $20k, because everyone started to activate what was happening, how they could do to be part of this Technology , for me Things should always go the right way, you can't change ways of thinking, if a person knows that  bitcoin is the Future , well for me that is very intelligent, but if they want to make investments in gold it also seems to me that they are an Intelligent Person , only that in BTC the Amount of money that can be earned is much More.

And many of them just go with the flow and are consumed by FOMO so they flock to find out what bitcoin is when the price of bitcoin soars again. This is not a problem, of course this is a good thing if we look at it from a positive point of view because it means that many people are increasingly opening their views towards bitcoin.

The problem is when they are just consumed by FOMO and don't want to learn further, so this actually creates pros and cons when the price of bitcoin falls from the price when they bought it.

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Re: Has BTC really become more attractive than gold?
« Reply #201 on: July 12, 2024, 07:11:03 PM »
People trust influencers more because they are seen as someone who understands better than them or someone who has the influence to move many people.

It actually depends on them whether they will swallow what they hear from people who have enough influence or they will re-analyze it and study it and start comparing so they can make a decision.

It cannot be denied that the system as you say is all around us and is always visible in everyday life.

Actually the reason behind the trust in influencers is that many people have no idea about choosing a coin and they have little or no knowledge due to which they are totally dependent on influencers and they prefer to follow influencers instead of using their own mind.

All influencers do not take some of them to provide good information but due to market fluctuations and instability sometimes their words do not show any accuracy therefore I think if someone is new in crypto space and has no idea then at start he should take help from influencers but it is not a good idea to keep calm, never learn anything and depend on influencers for whole of the life.
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Re: Has BTC really become more attractive than gold?
« Reply #201 on: July 12, 2024, 07:11:03 PM »


Offline Gurujebs

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Re: Has BTC really become more attractive than gold?
« Reply #202 on: July 12, 2024, 07:30:38 PM »
Actually the reason behind the trust in influencers is that many people have no idea about choosing a coin and they have little or no knowledge due to which they are totally dependent on influencers and they prefer to follow influencers instead of using their own mind.

Before someone can become an influencer, they must have given something back to the community and we all know what's it is, people love giveaways and will do anything when money is involved, it's from that process they build trust and he shill them one or two coin and the moment one of the coin give them profit, they gain the trust of the community and anything the influencer becomes the final.

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All influencers do not take some of them to provide good information but due to market fluctuations and instability sometimes their words do not show any accuracy therefore I think if someone is new in crypto space and has no idea then at start he should take help from influencers but it is not a good idea to keep calm, never learn anything and depend on influencers for whole of the life.

The reason some of these infkeucers survived and get into their community heads is because some of them do have luck of bull run, when the market tend to do well and everyone become bullish, they ride with opium which is why many of them get away with lies turn true to their community.
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Re: Has BTC really become more attractive than gold?
« Reply #203 on: July 12, 2024, 08:03:56 PM »
Everyone acts in their own self-interest and BTC is a perfect tool for many people to gain fame and money. I think this will continue to be true for many years to come, even though gold may have a much larger market cap than BTC, gold's popularity in the media will not be as strong as BTC.
Regarding the media talking about Bitcoin compared to the media talking about gold, I think so... currently talking about Bitcoin is more interesting than talking about gold, so people will always remember Bitcoin as something popular... besides, Bitcoin price movements It's also crazier than gold, which is what makes the media prefer to cover things related to Bitcoin, where big risks are usually more interesting to discuss and Bitcoin has its own charm.

         -   Even as a crypto enthusiast, I am really more attractive to Bitcoin or cryptocurrency compared to gold because we can get a profit faster here compared to gold. Especially in times like this bull run, our capital can be repeated more than 10 times, up to 1000 times.

That's why maybe it's accepted now in the stock market because of the volatility that Bitcoin has compared to gold. In my opinion,  Bitcoin has just as many uses as gold.

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Re: Has BTC really become more attractive than gold?
« Reply #204 on: July 12, 2024, 11:18:36 PM »
Everyone acts in their own self-interest and BTC is a perfect tool for many people to gain fame and money. I think this will continue to be true for many years to come, even though gold may have a much larger market cap than BTC, gold's popularity in the media will not be as strong as BTC.
Regarding the media talking about Bitcoin compared to the media talking about gold, I think so... currently talking about Bitcoin is more interesting than talking about gold, so people will always remember Bitcoin as something popular... besides, Bitcoin price movements It's also crazier than gold, which is what makes the media prefer to cover things related to Bitcoin, where big risks are usually more interesting to discuss and Bitcoin has its own charm.

         -   Even as a crypto enthusiast, I am really more attractive to Bitcoin or cryptocurrency compared to gold because we can get a profit faster here compared to gold. Especially in times like this bull run, our capital can be repeated more than 10 times, up to 1000 times.

That's why maybe it's accepted now in the stock market because of the volatility that Bitcoin has compared to gold. In my opinion,  Bitcoin has just as many uses as gold.
I will also invest more in Bitcin than gold, because Bitcoin is more profitable and if the same hold at the same time for a period of 2-3 years, by investing in Bitcoin we will get a higher profit.
Although gold is more popular and more enthusiasts, because bitcoin takes time to be as popular as gold

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Re: Has BTC really become more attractive than gold?
« Reply #205 on: July 13, 2024, 01:20:14 AM »
I will also invest more in Bitcin than gold, because Bitcoin is more profitable and if the same hold at the same time for a period of 2-3 years, by investing in Bitcoin we will get a higher profit.
Although gold is more popular and more enthusiasts, because bitcoin takes time to be as popular as gold

Gold as we all know has a very beautiful look, especially after it has been refined it sparkles and everyone would admire it's beauty. But talking about holding gold as an asset compared to bitcoin, irrespective of the years gold mining has been, it's still no match for Bitcoin. The physical form is a disadvantage, the weight and the quantity to be carried around for transaction keeps it owner at a position of insecurity meanwhile in investors with Bitcoin portfolio could just anonymously make trade without anyone even his right hand man not knowing his moves.
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Re: Has BTC really become more attractive than gold?
« Reply #206 on: July 13, 2024, 02:42:08 PM »
People trust influencers more because they are seen as someone who understands better than them or someone who has the influence to move many people.

It actually depends on them whether they will swallow what they hear from people who have enough influence or they will re-analyze it and study it and start comparing so they can make a decision.

It cannot be denied that the system as you say is all around us and is always visible in everyday life.

Actually the reason behind the trust in influencers is that many people have no idea about choosing a coin and they have little or no knowledge due to which they are totally dependent on influencers and they prefer to follow influencers instead of using their own mind.

All influencers do not take some of them to provide good information but due to market fluctuations and instability sometimes their words do not show any accuracy therefore I think if someone is new in crypto space and has no idea then at start he should take help from influencers but it is not a good idea to keep calm, never learn anything and depend on influencers for whole of the life.
I will not say they (influencers) will provide wrong information, many of them really help their followers to take very good coins or in other words they have good intentions without any particular interests.

However, we cannot deny that there are many of them who are sometimes misleading, they just want to take advantage of themselves and "victimize" their followers by providing misleading information.

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Re: Has BTC really become more attractive than gold?
« Reply #207 on: July 16, 2024, 11:31:00 AM »
Gold as we all know has a very beautiful look, especially after it has been refined it sparkles and everyone would admire it's beauty. But talking about holding gold as an asset compared to bitcoin, irrespective of the years gold mining has been, it's still no match for Bitcoin. The physical form is a disadvantage, the weight and the quantity to be carried around for transaction keeps it owner at a position of insecurity meanwhile in investors with Bitcoin portfolio could just anonymously make trade without anyone even his right hand man not knowing his moves.
I think only a small fraction of gold is used for technical and jewelry purposes, most gold is in national reserves, meaning gold has become a valuable reserve and investment asset. BTC is similar but more efficient than gold in terms of decentralization, ease of storage and movement.

However, we cannot deny the superiority of gold over BTC in terms of history, widespread acceptance and positive market sentiment. BTC is still a new asset and is in the stage of finding and affirming its position in the investment market.

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Re: Has BTC really become more attractive than gold?
« Reply #208 on: July 16, 2024, 12:24:43 PM »

I will also invest more in Bitcin than gold, because Bitcoin is more profitable and if the same hold at the same time for a period of 2-3 years, by investing in Bitcoin we will get a higher profit.
Although gold is more popular and more enthusiasts, because bitcoin takes time to be as popular as gold
You're absolutely right!
The volatile nature of Bitcoin and it's potential for long-term growth makes it a pretty much viable and profitable option compared to Gold.
It's true that before Bitcoin, gold was initially the traditional store of value, but Bitcoin provides even more better options than gold, it's limited supply, easy transferability and usability gives Bitcoin an edge.

Let's not also forget the fact that Bitcoin can also be used to generate a form of dividend payment, which is a very pretty cool feature gold lacks.
If we also look at the aspect of storage, Bitcoin still beats gold as it's a lot more easier and cheaper to store bitcoin unlike gold.

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Re: Has BTC really become more attractive than gold?
« Reply #209 on: July 16, 2024, 01:41:25 PM »
Gold as we all know has a very beautiful look, especially after it has been refined it sparkles and everyone would admire it's beauty. But talking about holding gold as an asset compared to bitcoin, irrespective of the years gold mining has been, it's still no match for Bitcoin. The physical form is a disadvantage, the weight and the quantity to be carried around for transaction keeps it owner at a position of insecurity meanwhile in investors with Bitcoin portfolio could just anonymously make trade without anyone even his right hand man not knowing his moves.
I think only a small fraction of gold is used for technical and jewelry purposes, most gold is in national reserves, meaning gold has become a valuable reserve and investment asset. BTC is similar but more efficient than gold in terms of decentralization, ease of storage and movement.

However, we cannot deny the superiority of gold over BTC in terms of history, widespread acceptance and positive market sentiment. BTC is still a new asset and is in the stage of finding and affirming its position in the investment market.
Bitcoin will remain superior in the digital world and in digital asset transactions, but Gold will remain superior in physical assets, both in terms of use and other things in the physical world. So far gold is also used in technological and medical advances and many others. Apart from having sales and exchange value, gold also has other functions which make the value of gold very high. Meanwhile, BTC has its own advantages, as we know. Well basically nothing is superior. Both of them still excel in their respective places.

 

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