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Author Topic: Is bitcoin more important than gold?  (Read 19465 times)

Offline AllSii

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Re: Is bitcoin more important than gold?
« Reply #15 on: October 07, 2020, 03:47:39 PM »
To get a faster profit I prefer Bitcoin to Gold, but for safety, Gold Investment can be an option. Bitcoin and gold both have investment value, but Bitcoin has a higher risk and also has a higher potential profit. 
I myself prefer Bitcoin for investment because the price increase of Bitcoin is much faster than Gold, of course that way we can get profits faster too.
So if you want to save your money, you should choose gold. And if you want to increase your capital or lose it completely, then you should choose bitcoin.

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Re: Is bitcoin more important than gold?
« Reply #15 on: October 07, 2020, 03:47:39 PM »

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Re: Is bitcoin more important than gold?
« Reply #16 on: October 07, 2020, 11:54:04 PM »
Both are important, I don't think one of them is more than another. Bitcoin is needed for digital investment, while gold is for physical investment. We cannot deny gold by put all out the money in Bitcoin, sometimes we need a safe thing like gold for investment.

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Re: Is bitcoin more important than gold?
« Reply #17 on: October 08, 2020, 06:20:16 PM »
I think No! the Gold is an old asset that has a popular use case while Bitcoin is just 10 years old and just limited use case that's why it has a significant distinction between Gold and Bitcoin but both are good assets.

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Re: Is bitcoin more important than gold?
« Reply #18 on: October 08, 2020, 06:34:01 PM »
Both are very good investments. Gold or bitcoin both have their own advantages and disadvantages. If the question of bitcoin is more important than gold, Bitcoin investors will certainly choose Bitcoin. Because the price of bitcoin can suddenly go up and suddenly go down. So investors will always observe the development of bitcoin prices.
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Re: Is bitcoin more important than gold?
« Reply #19 on: October 08, 2020, 07:19:31 PM »
As of late The price of gold is so high. The price is increased rapidly in the world. But if we compare with bitcoin i think btc is more higher then gold. At present the price of bitcoin is approximate $10000 for 1 btc and it can be more then $80000 after two or three years.
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Re: Is bitcoin more important than gold?
« Reply #20 on: October 08, 2020, 07:27:29 PM »
Bitcoin and gold are two different things.  For some, the importance of Bitcoin is immense and for others, the importance of gold is immense.  But I would say you want a lot of good gold.  Because the importance of some of my bitcoins is immense.
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Offline Tanimariya

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Re: Is bitcoin more important than gold?
« Reply #21 on: October 08, 2020, 09:28:39 PM »
Most investors prefer Bitcoin for trading. Because Bitcoin is a popular currency and there is a lot of trading in the market. Bitcoin is one of the greatest currencies in terms of trading volume. So if you notice the daily market, you will see that there has been a lot of change. So the situation of Bitcoin is improving. It is being compared to gold. It can be a valuable contrast to gold.

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Re: Is bitcoin more important than gold?
« Reply #21 on: October 08, 2020, 09:28:39 PM »


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Re: Is bitcoin more important than gold?
« Reply #22 on: October 09, 2020, 04:52:31 PM »
The value of bitcoin is increasing much faster than gold. Therefore, bitcoin is more important than gold.
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Re: Is bitcoin more important than gold?
« Reply #23 on: October 09, 2020, 11:48:42 PM »
We can't say that one of them is more important. They are actually very worthy assets for investment. We can make them our own investment because they will survive what happens to occur here. The price may be volatile but they have big value.
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Re: Is bitcoin more important than gold?
« Reply #24 on: October 10, 2020, 03:40:01 PM »
Bitcoin and gold are two different assets which are equally good. Each has its own market capitalization due to their values and demands. The difference between these two assets is a thin line perhaps in terms on their trading and volatility. Bitcoin trading seems to be easily done due to the decentralized blockchain technology. One can send and receive Bitcoin at the comfort of his home in just some few seconds - gold does not offer such fast and smooth trading. On the other hand, the price of gold seems quite stable than bitcoin hence makes investors of gold much sure about the market value than Bitcoin.
What is your opinion on this?

I my opinion, bitcoin is more profitable than hold for Investment, But Bitcoin is also more risk. You will post alot when the bitcoin price dumps. Gold is more stable and safe for Investment. I think It depends what Investment do you want to do. If you like hold, because more safe, you can choose gold.

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Re: Is bitcoin more important than gold?
« Reply #25 on: October 10, 2020, 04:54:57 PM »
Investing in bitcoin is a big risk, because the price of bitcoin changes every second and therefore you can lose all your investments if the price of bitcoin will go down or earn very well if the price of bitcoin will go up, but the price of gold is much more stable and therefore investing in gold is much safer.
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Offline pornflixandchill

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Re: Is bitcoin more important than gold?
« Reply #26 on: October 10, 2020, 05:53:57 PM »
Both are just speculative assets!

However, I prefer BTC than gold.
With BTC and other cryptos, i can transfer money around the world so much easier without inputing troublesome bank code, and have to even wait for days for the money to arrive ...


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Re: Is bitcoin more important than gold?
« Reply #27 on: October 13, 2020, 04:37:09 AM »
Gold tends to be stable and increases in price and continues to rise.
Unlike Bitcoin, after rising in price, there was a very extreme decline.

In terms of long term investment, maybe Gold is better than Bitcoin.
Bitcoin is very fast and cannot be stopped for every price movement, so Bitcoin sometimes provides many benefits and is also very risky in trading.
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Re: Is bitcoin more important than gold?
« Reply #28 on: October 13, 2020, 02:22:33 PM »
Both are important, I don't think one of them is more than another. Bitcoin is needed for digital investment, while gold is for physical investment. We cannot deny gold by put all out the money in Bitcoin, sometimes we need a safe thing like gold for investment.
In the modern world, it doesn't matter what kind of gold you keep. Most traders use digital gold for their trades, rather than Fiat. In addition, digital gold has high liquidity.

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Re: Is bitcoin more important than gold?
« Reply #29 on: October 13, 2020, 11:59:17 PM »
I think both Bitcoin and Gold have their own values and contribution to the investment world. Bitcoin is a digital asset, while Gold is a physical asset. Both are needed in our life, it is difficult to conclude which one is the most important. I think we don't need to claim which one is the most important one since both are important.

 

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