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Author Topic: Will bitcoin replace gold?  (Read 8599 times)

Offline bdamenaakter

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Will bitcoin replace gold?
« on: October 04, 2018, 08:57:42 AM »
Gold in general is no better. The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.
The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.

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Will bitcoin replace gold?
« on: October 04, 2018, 08:57:42 AM »

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Offline dominoes

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Re: Will bitcoin replace gold?
« Reply #1 on: October 04, 2018, 09:26:24 AM »
Gold and bitcoin is far different from each other. Gold is good for long term holding. This is also good investment that we can guarantee the safety and the profit due to not volatile value of gold. Bitcoin is volatile that scared some people because of pumping and dumping scenario that seems will not leave bitcoin. I think bitcoin will not replace gold because gold is difficult to cast out.
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Offline danivan7

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Re: Will bitcoin replace gold?
« Reply #2 on: October 04, 2018, 09:29:57 AM »
bitcoin and gold is diferent,
gold is using by many thing.
and bitcoin is like a currency, just for payment.
I think bitcoin will never replace gold, like gold will never replace bitcoin
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Re: Will bitcoin replace gold?
« Reply #3 on: October 04, 2018, 10:52:43 AM »
Surely that will happen. If Bitcoin continues to develop and continues to experience a good market, then people are more interested in Investing in Bitcoin than Gold, especially the younger generation today. But for parents, most of them choose Gold, because according to them there is a form and the results are guaranteed. I don't know this is my personal opinion.

Offline arwani kurama

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Re: Will bitcoin replace gold?
« Reply #4 on: October 04, 2018, 05:52:59 PM »
I think bitcoin will replace gold because the value or assets in security are very comfortable with bitcoin.
gold also has special features but I prefer bitcoin for my assets ..

Offline Marivic27

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Re: Will bitcoin replace gold?
« Reply #5 on: October 04, 2018, 07:52:21 PM »
I think bitcoin will replace gold because the value or assets in security are very comfortable with bitcoin.
gold also has special features but I prefer bitcoin for my assets ..
in terms of value to price  maybe bitcoin replace gold, but in terms of physical appearance gold is really not amazing than bitcoin, I think we dont need to compare gold to bitcoin because they are really different they run in a differentt way only one thingvis certain they are used as an investment for good.
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Re: Will bitcoin replace gold?
« Reply #6 on: October 04, 2018, 11:41:15 PM »
I don't know why you think bitcoin wants to replace gold. I think it won't happen, bitcoin is a digital asset and gold is the asset in real life. They have their own advantages, and they cannot be compared. Bitcoin has a good future in digital asset and currency, while gold is still best investment in real life.   

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Re: Will bitcoin replace gold?
« Reply #6 on: October 04, 2018, 11:41:15 PM »


Offline desanti

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Re: Will bitcoin replace gold?
« Reply #7 on: October 05, 2018, 12:45:35 AM »
I don't understand why anyone thinks bitcoin will replace gold. I don't think that will happen because bitcoin and gold are far different in terms of price value or physical appearance. I think there is no need to compare gold with bitcoin because they are completely different they run differently. gold is an asset in real life and while bitcoin is a digital asset. they have their own advantages they cannot be compared

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Re: Will bitcoin replace gold?
« Reply #8 on: October 10, 2018, 04:16:00 PM »
Bitcoin has already partially become a substitute for gold, but in the digital world. There are many people who prefer to partially keep their funds in Bitcoin. This suggests that the potential and value of Bitcoin make it a full-fledged digital gold with similar characteristics with classic gold.

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Re: Will bitcoin replace gold?
« Reply #9 on: October 10, 2018, 04:38:50 PM »
I don't think bitcoin can replace gold because bitcoin and gold are very different in terms of price and in terms of appearance.

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Re: Will bitcoin replace gold?
« Reply #10 on: October 10, 2018, 05:11:30 PM »
In the investment value this might happen, because the price of Bitcoin can rise significantly. And of course this will make investors easy to make a profit. and certainly many investors prefer Bitcoin than Gold for investment. But we need to remember, Bitcoin is a digital item while gold is jewelry, and in terms of usage, Bitcoin will not be able to replace Gold at all.

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Re: Will bitcoin replace gold?
« Reply #11 on: October 10, 2018, 06:52:30 PM »
In the investment value this might happen, because the price of Bitcoin can rise significantly. And of course this will make investors easy to make a profit. and certainly many investors prefer Bitcoin than Gold for investment. But we need to remember, Bitcoin is a digital item while gold is jewelry, and in terms of usage, Bitcoin will not be able to replace Gold at all.
what you say is true. bitcoin cannot be seen in terms of his form he will be virtual while gold can be seen and felt are real. intimately connected with fashion jewelry so this is what makes it difficult to replace the bitcoin position, although both are same as a good alternative for investing.





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Offline Alpha

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Re: Will bitcoin replace gold?
« Reply #12 on: October 10, 2018, 07:40:33 PM »
Probably bitcoin will not replace gold because gold is different in uses and have more stable aspects and compact trust from the people.

Offline reshat

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Re: Will bitcoin replace gold?
« Reply #13 on: October 10, 2018, 08:49:33 PM »
gold is used as a reserve asset for the currencies in the world and the supply must be found can`t created, for me btc can`t replace it but it can act such as e-gold.

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Re: Will bitcoin replace gold?
« Reply #14 on: October 11, 2018, 03:09:42 AM »
I don't think bitcoin can replace gold. because bitcoin and gold are very different. bitcoin cannot be seen in physical form while gold is seen as fashion jewelry. jafi bitcoin and gold are very different in terms of price and appearance. I don't think bitcoin will be able to replace gold because they are completely different from what people think. because gold is an asset in real life while bitcoin is a digital asset so they have their own advantages and cannot be compared

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