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Author Topic: Is bitcoin more important than gold?  (Read 19463 times)

Offline babarqw

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Re: Is bitcoin more important than gold?
« Reply #30 on: October 14, 2020, 03:32:12 AM »
Bitcoin and gold are two different assets which are equally good. Each has its own market capitalization due to their values and demands.I think gold is more important than btc right now because all people are using gold and all people know gold rather than bitcoin because not all people use bitcoin and know it but bitcoin is more valuable than gold because bitcoin value is x2 higher than gold so I prefer bitcoin than gold.

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Re: Is bitcoin more important than gold?
« Reply #30 on: October 14, 2020, 03:32:12 AM »

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Re: Is bitcoin more important than gold?
« Reply #31 on: October 14, 2020, 01:18:23 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?

Bitcoin and gold have own value and two different assets. Bitcoin is the future currency with blockchain technology. Bitcoin is volatile and unpredictable.
Gold is more stable , but at the modern world, We will see many people start to Invest in Crypto currency. Bitcoin is one of the best Crypto currency to invest.
I have see , several people said Bitcoin and gold are actually very worthy assets for investment.
So, you can choose bitcoin or gold. If you want to get big profit, I think Bitcoin is the best choice.

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Re: Is bitcoin more important than gold?
« Reply #32 on: October 14, 2020, 01:24:15 PM »
Bitcoin and gold are two things.  Bitcoin is very important to you and gold is very important to some people.  Bitcoin prices fluctuate all the time.  But gold prices are tied in the same frame.  People invest a lot in gold.  It does not make much profit.  But if you invest in Bitcoin, you will get a lot of profit in a few days.  So to me the value of Bitcoin is much higher.
« Last Edit: October 15, 2020, 05:20:48 PM by Rain075 »
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Offline Senin

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Re: Is bitcoin more important than gold?
« Reply #33 on: October 24, 2020, 08:32:34 PM »
The importance of something in our life is very subjective and evaluative. For some people, one thing is important, for others - another. It depends on living conditions, education, character, inclinations and many other factors. Therefore, one person can now say that gold is more important to him, another that bitcoin is more important. Both will be right.

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Re: Is bitcoin more important than gold?
« Reply #34 on: October 27, 2020, 01:18:55 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 think both are good thing and really potential for Investment. In my opinion It depends which Investment do you want to do. If you want to get big profit, you can buy bitcoin. Bitcoin is more risk but It is more profitable too. Gold is more stable.

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Re: Is bitcoin more important than gold?
« Reply #35 on: October 27, 2020, 02:18:10 PM »
If you look at the advantages, I think bitcoin is more attractive than gold. Because we can really benefit greatly. However, the price is more volatile than gold. But I prefer bitcoin to gold.
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Offline mlawson71

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Re: Is bitcoin more important than gold?
« Reply #36 on: October 27, 2020, 05:20:46 PM »
I think it depends on the person. I am sure plenty of people would also find gold more attractive than Bitcoin and both opinions will be valid. To each their own.

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Re: Is bitcoin more important than gold?
« Reply #36 on: October 27, 2020, 05:20:46 PM »


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Re: Is bitcoin more important than gold?
« Reply #37 on: October 27, 2020, 07:42:09 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?

No , I think gold is more stable than bitcoin. If you want to get profit with big risk, you can invest in bitcoin. Bitcoin is more risk but also more profitable. I see old people still used gold for their Investment. Young people already invested in Crypto, like bitcoin.
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Re: Is bitcoin more important than gold?
« Reply #38 on: October 27, 2020, 07:56:33 PM »
It depends on the person who use the Bitcoin or gold. If he mostly use Bitcoin than Gold, than Bitcoin is more important. Moreover, if he knows how to gain bigger profits from Bitcoin. As Bitcoin has higher volatility in price, it means the chance to get bigger profits from Bitcoin. While Gold price seems a bit stable and not rising too fast.


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Re: Is bitcoin more important than gold?
« Reply #40 on: October 28, 2020, 05:17:52 AM »
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?
For me if investor wants more profit better to choose bitcoin than gold but he should make sure that he really understood the high risk in crypto.
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Re: Is bitcoin more important than gold?
« Reply #41 on: October 28, 2020, 07:26:24 AM »
i corroborate your opinion. Before bitcoin arrival gold was the favorite assets for people but now a days after arrival of bitcoin people are not willing to hold gold because they know the advantages of bitcoin. For this reason bitcoin price increasing rapidly. Now bitcoin is more important then gold.

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Re: Is bitcoin more important than gold?
« Reply #42 on: October 28, 2020, 11:20:40 PM »
In my opinion, both BTC and also gold are very promising and legit things to invest in. They are trusted enough and have high value to invest or trade. So far, I also have those two although it is still a very small amount. here, we cannot compare them because they have their own characteristics
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Re: Is bitcoin more important than gold?
« Reply #43 on: October 28, 2020, 11:22:55 PM »
If you are a Bitcoin lover and believer, yes, it can be. But if you love something more stable and also not too risky, gold is the choice. It means that whatever the choice, it will depend on your ways to make it and also create more profits from it. Always do analysis and have sufficient knowledge about it, then you will know it well.
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Re: Is bitcoin more important than gold?
« Reply #44 on: October 29, 2020, 12:10:53 PM »
Though Gold and Bitcoin are two different things, both are valuable to all. But the uses are different.  Gold is unanimously accepted as a store of value all over the world which is used since hundreds of years ago. But bitcoin is the new invention in the world. Already it has proved its important value. When bitcoin will be permitted  all over the world, it will be more valuable to all.

 

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