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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 23650 times)

Offline doc

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Re: Has BTC really become more attractive than gold?
« Reply #210 on: July 16, 2024, 05:34:06 PM »

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.
Both still have advantages according to their lovers, for those who like gold, mostly the older generation who don't know the advantages of digital technology, they choose to invest in something that is physical. Meanwhile, digital technology lovers will prefer bitcoin as an investment.

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Re: Has BTC really become more attractive than gold?
« Reply #210 on: July 16, 2024, 05:34:06 PM »

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Offline bayu7adi

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Re: Has BTC really become more attractive than gold?
« Reply #211 on: July 17, 2024, 05:17:53 AM »
Both still have advantages according to their lovers, for those who like gold, mostly the older generation who don't know the advantages of digital technology, they choose to invest in something that is physical. Meanwhile, digital technology lovers will prefer bitcoin as an investment.
Knowing the performance of gold which is resistant to inflation, I think people who understand technology also have an interest in gold... in the majority, you are right... that gold is more often used as an investment medium for ancient people, and for children young people now prefer Bitcoin, but it all also depends on the amount of assets they have... IMO people with a lot of asset value, are more inclined towards gold for their investment as well as to secure the future... but for users For those who like high risks and gains in a short time, Bitcoin is the favorite.

This all comes back to each individual's risk profile which varies between individuals.

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Re: Has BTC really become more attractive than gold?
« Reply #211 on: July 17, 2024, 05:17:53 AM »

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Re: Has BTC really become more attractive than gold?
« Reply #212 on: July 17, 2024, 10:14:56 AM »
The uniqueness and most attractiveness of Bitcoin to gold is the digitalization and its decentralization Blockchain.
They are both volatile and good for investment. Another advent potential of Bitcoin over gold is that it is a uniformed currency and can serve as a storage valuable technology against wars and natural disasters.

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Re: Has BTC really become more attractive than gold?
« Reply #213 on: July 17, 2024, 02:16:52 PM »
The uniqueness and most attractiveness of Bitcoin to gold is the digitalization and its decentralization Blockchain.
They are both volatile and good for investment. Another advent potential of Bitcoin over gold is that it is a uniformed currency and can serve as a storage valuable technology against wars and natural disasters.

Well spoken mate, there is no doubt the both are important, but talking from the perspective  of this jet age, where everything  is getting digitalized,  bitcoin tends to have more advantages over gold in several ways.  Due to the digitalized nature of bitcoin, it has more liquidity and accessible than gold. Anyone could literally  wake up any day, study and get emself some Satoshi of even a bitcoin without  anyone knowing what he's up to, though due to the fact that Bitcoin  is a new technology  still getting  examined by the government, not everyone has the ability to make purchases due to restriction by the government. However gold is more widely accepted  and this is where it has its advantage over Bitcoin.
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Re: Has BTC really become more attractive than gold?
« Reply #214 on: July 17, 2024, 04:23:03 PM »
Has BTC really become more attractive than gold
BTC has become more attractive than gold Bitcoin BTC has grown in attractiveness compared to gold for several reasons: BTC has traded more than gold BTC is digital and can be transferred quickly and cheaply across borders BTC can be traded in smaller volumes than gold However, gold and BTC remain stable stores of value, attracting investors There appears to be a considerable individual risk between BTC and gold, depending on investment goals.
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Online bitbit97

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Re: Has BTC really become more attractive than gold?
« Reply #215 on: July 17, 2024, 04:41:03 PM »
Has BTC really become more attractive than gold
BTC has become more attractive than gold Bitcoin BTC has grown in attractiveness compared to gold for several reasons: BTC has traded more than gold BTC is digital and can be transferred quickly and cheaply across borders BTC can be traded in smaller volumes than gold However, gold and BTC remain stable stores of value, attracting investors There appears to be a considerable individual risk between BTC and gold, depending on investment goals.

Before posting, have you checked numbers? Quick search, golds market cap: $16.6T, Bitcoin: $2.7T? I dont think that it is more attractive than gold. But, Bitcoin is still easier to buy and transfer.

Anyway, I dont think that Bitcoin is more attractive than gold. Gold is still more popular. But, as soon as Bitcoin becomes more familiar than gold, everything would change. Also, I think gold has more use cases than Bitcoin.
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Re: Has BTC really become more attractive than gold?
« Reply #216 on: July 17, 2024, 10:58:24 PM »
Bitcoin becoming more attractive than gold depends on our individuality on how we see both assets and have knowledge of each

For bitcoin, it has gained popularity among young investors in recent years. Many of the young investors would prefer to have it than gold because of the high returns it offers them in the future than gold. While some old and young fellas who lacks the knowledge of bitcoin would prefer gold to Bitcoin because of its stable price and tangible value that it can be used or sold in any part of the world without the fear of not being illegal in any said country

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Re: Has BTC really become more attractive than gold?
« Reply #216 on: July 17, 2024, 10:58:24 PM »


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Re: Has BTC really become more attractive than gold?
« Reply #217 on: July 17, 2024, 11:07:42 PM »
For now I feel that way, not without reason because what makes btc interesting is the uniqueness of btc where they dare to limit the supply to only around 21 million and with its volatility, it is clear that this is a condition that will indeed be much more worth it.

Not that gold is bad because after all gold is still one aspect of investment that cannot be separated because they are also worth moreover there are a lot of gold enthusiasts out there.

It's just about risk in the end because being in gold is also still quite good but when talking about the risks and benefits received then surely we realize that the greater the risk, the greater the benefits we will get. not just about prices but about technology, innovation and even our own version of financial freedom so by looking at that then bitcoin is a more interesting thing when compared to gold for me.

But of course this depends on each perspective because surely different heads have different thoughts.

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Re: Has BTC really become more attractive than gold?
« Reply #218 on: July 18, 2024, 11:06:59 AM »
Bitcoin becoming more attractive than gold depends on our individuality on how we see both assets and have knowledge of each

For bitcoin, it has gained popularity among young investors in recent years. Many of the young investors would prefer to have it than gold because of the high returns it offers them in the future than gold. While some old and young fellas who lacks the knowledge of bitcoin would prefer gold to Bitcoin because of its stable price and tangible value that it can be used or sold in any part of the world without the fear of not being illegal in any said country
Yes, old generations and the young  generation who have no knowledge about crypto will prefer gold, because it is more stable. But the younger generation who understand and are starting to learn about crypto prefer bitcoin because it is more profitable. Everyone can have their own opinions and beliefs in investing, but for me bitcoin is better than gold.

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Re: Has BTC really become more attractive than gold?
« Reply #219 on: July 18, 2024, 04:41:26 PM »
Bitcoin becoming more attractive than gold depends on our individuality on how we see both assets and have knowledge of each

For bitcoin, it has gained popularity among young investors in recent years. Many of the young investors would prefer to have it than gold because of the high returns it offers them in the future than gold. While some old and young fellas who lacks the knowledge of bitcoin would prefer gold to Bitcoin because of its stable price and tangible value that it can be used or sold in any part of the world without the fear of not being illegal in any said country
Yes, old generations and the young  generation who have no knowledge about crypto will prefer gold, because it is more stable. But the younger generation who understand and are starting to learn about crypto prefer bitcoin because it is more profitable. Everyone can have their own opinions and beliefs in investing, but for me bitcoin is better than gold.

There is always some "if". If younger generation, who is familiar with crypto, got any success from it, they will prefer bitcoin or crypto over gold. I have some friends, who have lost money due to investing in altcoins, and failed at holding. They have sold their crypto with losses, and never returned back. I doubt that such thing might happen with gold. Due to its history, people will still have more trust in it. In addition, why my friend bought those altcoins, instead of holding Bitcoin - because of temptation of earning. What I am saying, that that "younger generation" is highly inexperienced towards investing and holding.
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Offline Hamza2424

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Re: Has BTC really become more attractive than gold?
« Reply #220 on: July 18, 2024, 06:11:18 PM »
The uniqueness and most attractiveness of Bitcoin to gold is the digitalization and its decentralization Blockchain.
They are both volatile and good for investment. Another advent potential of Bitcoin over gold is that it is a uniformed currency and can serve as a storage valuable technology against wars and natural disasters.

Gold is not volatile, from which timeline did Gold become a volatile asset as far as I know gold is now by its stable and consistent nature. TBH Bitcoin is an asset from the volatile investment market but at the same time, Gold is the store of value in the current financial cycle.

Both gold and BTC are from different classes, their different utilities and targeted investors.
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Offline bayu7adi

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Re: Has BTC really become more attractive than gold?
« Reply #221 on: July 19, 2024, 06:35:24 AM »
Gold is not volatile, from which timeline did Gold become a volatile asset as far as I know gold is now by its stable and consistent nature. TBH Bitcoin is an asset from the volatile investment market but at the same time, Gold is the store of value in the current financial cycle.

Both gold and BTC are from different classes, their different utilities and targeted investors.
Yes, because of this uniqueness, sometimes someone chooses to hold larger assets that provide profits in a shorter time... actually gold tends to be more stable and even has the best anti-inflation function, that's why gold has gained the trust of more people than Bitcoin. .. as long as Bitcoin is still very volatile and unpredictable, then Bitcoin is something that is high risk... people will experience several times of fear when they monitor their BTC assets too often when they are not ready to lose it all..

Offline Jamal Aezaz

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Re: Has BTC really become more attractive than gold?
« Reply #222 on: July 19, 2024, 06:15:17 PM »
Both still have advantages according to their lovers, for those who like gold, mostly the older generation who don't know the advantages of digital technology, they choose to invest in something that is physical. Meanwhile, digital technology lovers will prefer bitcoin as an investment.

Both have benefits and the benefits can easily be understood by the investors who have taken benefit from it and are still making good profit. Actually if a person possesses the skills then he can make good use of any of these assets but if a person does not have any skill then both will be useless for him.

Those who are getting profit from gold will never leave gold investment and those who are Bitcoin lovers will always love to invest in bitcoin but wise Individuals will not compare these two assets but will take profit by investing little amount in both.
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Re: Has BTC really become more attractive than gold?
« Reply #223 on: July 20, 2024, 03:06:13 PM »
Both still have advantages according to their lovers, for those who like gold, mostly the older generation who don't know the advantages of digital technology, they choose to invest in something that is physical. Meanwhile, digital technology lovers will prefer bitcoin as an investment.

Both have benefits and the benefits can easily be understood by the investors who have taken benefit from it and are still making good profit. Actually if a person possesses the skills then he can make good use of any of these assets but if a person does not have any skill then both will be useless for him.

Those who are getting profit from gold will never leave gold investment and those who are Bitcoin lovers will always love to invest in bitcoin but wise Individuals will not compare these two assets but will take profit by investing little amount in both.
And if they like both they can take advantage of both to make a profit, it is better to take advantage of the opportunities that exist if we are capable and have enough capital to invest in both.

But I think now young people are more interested in crypto investments, bitcoin in particular. Because of that, technological developments are now increasingly rapid and I am sure that young people who have more knowledge of the digital world will know Bitcoin, so they will be more interested in this investment.

Offline Jamal Aezaz

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Re: Has BTC really become more attractive than gold?
« Reply #224 on: July 20, 2024, 09:21:06 PM »
And if they like both they can take advantage of both to make a profit, it is better to take advantage of the opportunities that exist if we are capable and have enough capital to invest in both.

But I think now young people are more interested in crypto investments, bitcoin in particular. Because of that, technological developments are now increasingly rapid and I am sure that young people who have more knowledge of the digital world will know Bitcoin, so they will be more interested in this investment.

There is not an issue to invest in if a person has a good amount of money and can invest in both of these opportunities but people often focus on one as they start to make comparisons if they find two better opportunities.

I think we should avoid comparison and should take advantage because comparison will not give us anything but making investment can give us profit as well as experience to handle two investment sources at once.

People are changing their thoughts according to the occurrence of changes and it is necessary to change our mind because we cannot rely on the past technologies forever and we have to evaluate our skills to be profitable with changes in techniques with changing age.
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