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Author Topic: Will Bitcoin Replace Gold as Store of Value?  (Read 31898 times)

Offline Sierra

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #90 on: December 28, 2020, 08:27:39 AM »
Yes, I choose bitcoin because it increases profits quickly and is very easy to trade. But if I keep it for the future I choose gold because I feel they are safer than Bitcoin

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #90 on: December 28, 2020, 08:27:39 AM »

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Online Hisbullah

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #91 on: December 28, 2020, 04:08:32 PM »
I think it is impossible because until now there are still many people who choose gold as a future saving asset because it has a physical nature and can be stored directly in our hands.

Yes I agree with your opinion, many people who choose gold as a future saving asset. Gold is real investment and bitcoin is digital currency. So I think bitcoin willnot replace gold as store of value. Thats my opinion mate, It is really difficult and will take several years again.
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Offline Emircan

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #92 on: December 29, 2020, 07:28:51 AM »
Yes, I think bitcoin should only be staked and gold is real and it can be used in the endangered country or kept it as long term wealth.
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Offline Rowan

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #93 on: December 29, 2020, 08:04:25 AM »
I don't think so when there is war or economic turmoil, gold is chosen to invest in lengthening bitcoin, so it is only short-term investment and like a low-risk game.

Offline Zulema

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #94 on: December 29, 2020, 09:40:18 AM »
Yes, gold is a long-term asset, but bitcoin can only be wagered and short-term. Each has its own advantages and disadvantages so it is very difficult to sosanh1 and end up offering investors' choices only

Offline gqinyot

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #95 on: December 29, 2020, 09:54:58 AM »
I don't believe the countries will do that, but in the future we can't say it, but at the moment I just see bitcoin as betting and trading to increase profits.
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Offline Yasminya

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #96 on: December 29, 2020, 04:55:14 PM »
Bitcoin and gold are the only two values today that each owns profits, but if you want to keep the assets for long, choose gold. You want to increase high-value assets by choosing bitcoin. That is my deduction

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #96 on: December 29, 2020, 04:55:14 PM »


Offline Ganesa

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #97 on: December 29, 2020, 04:56:06 PM »
When you choose gold, I am seeing gold being mined one day. Bitcoin will swell because of ever-increasing demand for bitcoin, but the supply of bitcoin cannot increase over time
« Last Edit: December 29, 2020, 07:20:11 PM by Ganesa »

Offline Christinak

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #98 on: December 29, 2020, 04:59:17 PM »
I chose bitcoin because it carries less risk than playing at casino sites. It is very transparent and easy to trade. Bitcoin is up in value very quickly and there are a lot of large investors investing in bitcoin. Gold is suitable for long-term investors because it is always trusted and is the reserve source of many countries.

Offline Rumeysa

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #99 on: December 29, 2020, 04:59:58 PM »
Bitcoin price is so high I choose gold because gold has a thicker long-lasting stable and we can hold it for the future. Bitcoin price is so high I fear it will slide

Offline Rominak

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #100 on: December 29, 2020, 05:00:48 PM »
I choose bitcoin because bitcoin can pay back quickly and its stakes are high. Gold is very slow to rise and transactions are not as easy as bitcoin. Bitcoin just needs the internet, wherever we are, we can transact

Offline Rebekka

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #101 on: December 29, 2020, 05:01:26 PM »
Bitcoin price is so high I can't buy more I'm waiting for the next bull run to be able to sell bitcoins. I believe bitcoin will grow even stronger

Offline bayiajaib

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #102 on: December 30, 2020, 03:33:45 PM »
I think it is impossible because until now there are still many people who choose gold as a future saving asset because it has a physical nature and can be stored directly in our hands.

Yes I agree with your opinion, many people who choose gold as a future saving asset. Gold is real investment and bitcoin is digital currency. So I think bitcoin willnot replace gold as store of value. Thats my opinion mate, It is really difficult and will take several years again.

Of course, I think bitcoin is suitable for trading now, but It is more risk than you invest in gold for long term. Gold is more stable and  for future saving assets. I have invested in both, gold and bitcoin are my favourite for investment.

Offline Bitstar_coin

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #103 on: December 30, 2020, 07:37:23 PM »
Gold is Gold, btc is btc, they are both different kind of asset, there is no need to look for who will replace who because btc can not play the role of gold while gold can play the role of btc (as a store of value,  a means of exchange).

Offline Noverteno

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Re: Will Bitcoin Replace Gold as Store of Value?
« Reply #104 on: December 30, 2020, 09:50:27 PM »
Bitcoin will never replace gold, nor is it capable of that. These are completely different financial assets and they may well exist together without replacing each other. Besides, the current high price of bitcoin is not a reason to compare it with gold. Bitcoin has a lot of price volatility. Even for this reason, it cannot be compared with such an eternal value as gold.

 

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