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Author Topic: Will bitcoin replace gold?  (Read 8595 times)

Offline Jogjaasli

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Re: Will bitcoin replace gold?
« Reply #15 on: October 11, 2018, 12:53:14 PM »
bitcoin and gold are different, so bitcoin will not be able to replace gold, because bitcoin is only digital, whereas gold is a tangible asset, all must have different options for investing.

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Re: Will bitcoin replace gold?
« Reply #15 on: October 11, 2018, 12:53:14 PM »

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Re: Will bitcoin replace gold?
« Reply #16 on: October 30, 2018, 09:54:46 AM »
The old community will still invest in gold rather than bitcoin. Because of this, even though bitcoin is becoming popular, it will not replace gold for the future. But they will grow side by side.

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Re: Will bitcoin replace gold?
« Reply #17 on: October 31, 2018, 01:09:47 AM »
Gold has been used by mankind for thousands of years, and it is also used as ornaments besides its value. That's why there's no possibility that bitcoin will replace gold.
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Re: Will bitcoin replace gold?
« Reply #18 on: October 31, 2018, 01:22:29 AM »
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 ..
I don't understand why you think that bitcoin will replace gold. but I don't think that will happen, because in my opinion bitcoin is a digital asset and gold is an asset in real life. and they have their own strengths, so I don't think they can be compared. because Bitcoin has a good future in digital assets and currencies, while gold is still the best investment in real life

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Re: Will bitcoin replace gold?
« Reply #19 on: October 31, 2018, 03:34:43 AM »
For me Gold cannot be replaced. Because gold is ingrained in this world and has become an idol of many people. It's not easy for Crypto especially Bitcoin to be able to replace Gold. Because since ancient times gold has become a favorite of many people. For me, Bitcoin is more profitable than gold, but for me Bitcoin will never be able to replace gold.

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Re: Will bitcoin replace gold?
« Reply #20 on: October 31, 2018, 02:13:50 PM »
For me I think bitcoin cannot replace gold although bitcoin is also expensive but it can't surpass gold because its market value is very stable the its markets value increasing every now and then unlike crypto currency investment in which the market price is too volatile.
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Re: Will bitcoin replace gold?
« Reply #21 on: October 31, 2018, 02:18:19 PM »
Even though bitcoin is becoming popular, it will not replace gold for the future. But they will grow side by side. Even though the old community will still invest in gold rather than bitcoin.
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Re: Will bitcoin replace gold?
« Reply #21 on: October 31, 2018, 02:18:19 PM »


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Re: Will bitcoin replace gold?
« Reply #22 on: October 31, 2018, 02:34:30 PM »
Gold Us gold and whatever comparison or bitcoin will make to surpass gold will remain in a hopeless position. It's like hoping a miracle on the side of bitcoin against gold.
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Re: Will bitcoin replace gold?
« Reply #23 on: October 31, 2018, 03:30:55 PM »
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.

Yes I think Butcoin will replace good soon. Maybe at the next year. Bitcoin is very potential.

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Re: Will bitcoin replace gold?
« Reply #24 on: October 31, 2018, 04:11:35 PM »
I don't understand why you think bitcoin is possible to replace gold. Gold has fundamental differences on its value. Gold seems more stable and tends to rise constantly. While bitcoin is very volatile and unstable, although the value can rise very significant. These facts show us that bitcoin and gold have their own over-plus on investment sector.   
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Re: Will bitcoin replace gold?
« Reply #25 on: October 31, 2018, 04:22:10 PM »
Bitcoin is only digital, while gold is a real asset, all must have different options to invest.
bitcoin and gold are different, so bitcoin will not be able to replace gold.

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Re: Will bitcoin replace gold?
« Reply #26 on: October 31, 2018, 04:51:07 PM »
In fact, both gold and Bitcoin are same as the precious investments. The two terms can lead the holders to be a billionaire in short time. However, the profits mus e got by some different and smart strategy. We may not only think of the profits of the two but also the ways to reach it. Gold is more stale. Bitcoin is more volatile. However, the two have different situation that make them both worthy.
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Offline simplex

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Re: Will bitcoin replace gold?
« Reply #27 on: October 31, 2018, 06:11:34 PM »
 I think  replace  gold  in a  recent  research  note  for  investors  the analyst  laid  out  five  criteria  that  gold  fulfilled  as what  is know  as  a safe have  investment  and that bitcoin  and other  cryptocurrencies  would also need to succeed  at to  be  consider  an  investment  on  par  with the  shiny  precious  metal.
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Offline Watu_pawon

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Re: Will bitcoin replace gold?
« Reply #28 on: November 01, 2018, 02:02:42 AM »
I think bitcoin will not replace gold, because in my opinion they have their respective roles, and I am sure that bitcoin will increase its price faster than gold, but gold is needed in the government.

Offline roykiyosi

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Re: Will bitcoin replace gold?
« Reply #29 on: November 01, 2018, 02:20:16 AM »
Bitcoin can emulate many features of gold.

I think portability is the biggest gold asset. You can move a lot of wealth with a relatively small amount of gold. And gold is easy to store, and relatively easy to hide.

Bitcoin has the same features. You don't even need to smuggle gold to avoid government detection. The ability to move digital money opens new avenues for criminals or people who are afraid of government detection to be able to transfer money smoothly.
  

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