Bitcoin will not replace gold - Page 33 - For Beginners - CryptoTalk.Org Jump to content
Dark Shadow

Bitcoin will not replace gold

Recommended Posts

Gold was used as a currency's backing, and bitcoin is a secure commodity that will grow in value over time, much like gold. I believe both will continue to rise in value at par, and bitcoin will never replace gold.

Share this post


Link to post
Share on other sites

I don't think so because the demand for gold has been going on for ages. As for Bitcoin, it is unstable, but I think it is a great investment. Thank you my dear friend. 

Share this post


Link to post
Share on other sites

We cannot compare Bitcoin to Gold on the basis of money, if we do that, gold will outperform Bitcoin because it is stronger than Bitcoin due to its stability and has been used before.  People for years, so we should not compare them. They will be used together because gold will not be dispensed with in the case of the spread of Bitcoin because it will remain of very great value due to the difficulty of obtaining it.
 Bitcoin will still be very valuable due to the difficulty of obtaining it, and it takes a lot of time for Bitcoin to be officially approved.

Share this post


Link to post
Share on other sites

There are many discussions about it if bitcoin will replace gold.Gold cannot be replace because it is hardware and a metal thing on the other hand bitcoin is a digital currency.

Share this post


Link to post
Share on other sites

You are absolutely right dude, cryptocurrency particularly Bitcoin will never replace gold, because both the Bitcoin and the gold have their own different advantage for the people around the world, and the cryptocurrency can not  replace goals I.

Share this post


Link to post
Share on other sites

Currently, we notice that Bitcoin is the future of money in the world and that it is the most expensive currency between cryptocurrencies and fiat currencies, but gold will remain in control because the economy and budgets of all countries are related to gold

  • +3 1

Share this post


Link to post
Share on other sites

Gold is a global and international investment and all countries depend on gold in their economy and I do not see any doubt about the development of the electronic currency and its entry into the country's economy. And when that's done, bitcoin will have a big deal.

Share this post


Link to post
Share on other sites

 

You are absolutely right, cryptocurrency particularly Bitcoin will never replace gold, because both the Bitcoin and the gold have their own different advantage for the people around the world, and the cryptocurrency can not replace goals I.

Share this post


Link to post
Share on other sites

Well friend bitcoin is something that grows rapidly but gold it does not give any fast volatility. And if you look at todays market price you will see a major price difference between them. If we look at the price of bitcoin and gold bitcoin has replaced it but one is metal and other one is a digital currency.

Share this post


Link to post
Share on other sites

I am agreed with your some content . But gold acceptance is the universal acceptance. Every people knows about the gold but on the other hand Bitcoin also a acceptance but in Bitcoin many people are lack of knowledge about the Bitcoin.

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

You are right my dear mate, because there is a quite difference between Gold and Bitcoin. As we know that Gold is the asset that have physical existence, that's why people believe on that. Meanwhile the Bitcoin is the digital currency that doesn't have physical existence, that's why many people don't trust on it.

Share this post


Link to post
Share on other sites

Well, only time can tell if there will be a challenge when it comes to ensuring that we are able to implement the solutions that are available to adopt; if we do, we will ensure that we move on to the second stage of replacing the new systems.

Share this post


Link to post
Share on other sites

Both are good and having use. So it right bitcoin is not replacing gold. But bitcoin use is increasing day by day. So due to it price .people making investment in bitcoin they think that can earn more from bitcoin. So if we talk about value in people now people think that bitcoin is more valuable.  So they are benefits.  So gold is right at thier place ,but if we want to earn money in short period then we can use bitcoin for more earning.  So care about to taking decisions. 

Share this post


Link to post
Share on other sites

You have raised good point . Although they both seem similar to each other in many aspects but I don't think so Bitcoin will replace gold . Both have their individual importance and both will work side by side . No one could replace each other.

Share this post


Link to post
Share on other sites

My dear, I agree with you... Since no building can replace gold, its worth is extremely high, and people have been using it for a long time and are familiar with it, so it plays an important role in their lives. Gold, in my opinion, has much more benefits than Bitcoin.

Share this post


Link to post
Share on other sites

Investors usually buy gold in crises to compensate for their losses or to save their financial wealth through gold, but what is remarkable in the recent period is the openness of investors to the virtual financial markets by buying an Bitcoins But very carefully Being hypothetical.

Share this post


Link to post
Share on other sites

Bitcoin and gold are now the most common and valuable commodities on the planet; both are valuable and have the highest value; both are mined; both are safe to use and secure; nevertheless, bitcoin is gaining more value and popularity.

Share this post


Link to post
Share on other sites

Although they're terribly similer as you pointed, however i do not suppose that bitcoin can replace gold, and for a decent reason that gold are there for ages and it's price remains increasing, however u will say bitcoin is sort of a reflexion of gold.

Share this post


Link to post
Share on other sites

Hello friends.My personal opinion is that only time would tell which would turn out to be better than the other or whether both would have equal value and acceptance in the world. I cannot neglect the fact that potential of Bitcoins are really huge. But for Bitcoins to match up with popularity of gold is going to take really long time because for centuries gold has been accepted worldwide.thanks for read my comment

Share this post


Link to post
Share on other sites

Hello my friend ..
It's a very cool post ..
But both of them are distinguished and both have qualities that neither of them can be abandoned.
Therefore, none of them will replace the other, as everything has its own status, whether it is gold or the currency of Bitcoin.

Share this post


Link to post
Share on other sites

Gold acted as a currency's backer, and bitcoin is a highly secure commodity that will rise in value over time, just like gold. I believe both will rise in value at the same rate, and bitcoin will never replace gold.

Share this post


Link to post
Share on other sites

I agree with your opinion, each of them has its advantages and disadvantages, but I believe that over time gold will turn into an industrial material such as iron, as it enters into some industries due to its chemical properties, in contrast, bitcoin may replace many paper currencies.  It will become the standard that determines the value of digital currencies or paper currencies.  This is a feature in which Bitcoin outperforms gold.  We are still in the present and perhaps the future brings us many surprises

Share this post


Link to post
Share on other sites

Bitcoin and gold are both valuable and significant in different ways, and I agree with you, dear friend. Bitcoin is a gold coin as well. Both options have a fair chance of succeeding. The price of gold fluctuates a lot from time to time, but Bitcoin never does. Bitcoin is an excellent short-term investment, while gold is an excellent long-term investment.

Share this post


Link to post
Share on other sites

I personally think that neither will pass or replace the other since gold and bitcoin go hand in hand and they are the same thing so I think that neither will replace the other because they mutually need each other.

Share this post


Link to post
Share on other sites

I think bitcoins can not replace gold,because it just depend on the exchange byt gold and Bitcoin can't be compared to each other even dor all are good.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • Rand4dollar is a certified company specializing in e-Currency and cryptocurrency services. As a reliable and certified Perfect Money business partner, we are here to cater to all your currency exchange requirements. Our system offers seamless exchange options with competitive rates in the market, ensuring transparency and no hidden charges. We take pride in being a trusted Perfect Money Currency Exchange Partner and look forward to serving you. Feel free to contact us through our website at www.rand4dollar.com Directions for our exchange;   You Send                You Receive          Reserve Western Union (USD)    Bitcoin (USD)    193700 Western Union (USD)    Perfect Money (USD)    9750 Moneygram (USD)    Bitcoin (USD)    10000 Bank Transfer (RU)    Payeer (USD)   50000 Bank Transfer (USD)    Payeer (USD)   15000 Volet (USD)    Bank Transfer (UAH)   183016 Volet (USD)    Skrill (USD)   20000 Volet (USD)    Payeer (USD)   75000 Volet (USD)    Moneygram (USD)   9500 Volet (USD)    Bank Transfer (NGN)   359000 Volet (USD)    Bank Transfer (ZAR)   7708300 Perfect Money (USD)    Bank Transfer (LSL)   3499800 Bank Transfer (USD)    Bank Transfer (ZAR)   91411266  Skrill (USD)    Investment (USD)    100200 Tether (USD)    Investment (USD)    575000 Bitcoin (BTC)    Investment (USD)    850980 Perfect Money (USD)    Investment (ZAR)    550000 Perfect Money (USD)    Investment (USD)    250000 Bank Transfer (ZAR)    Investment (ZAR)    3000000  Perfect Money (USD)    Bank Transfer (BRL)    480425 Perfect Money (USD)    Cash Pickup (ZAR)    50000 Bitcoin (BTC)    Cash Pickup (ZAR)    188000 Tether (USD)    Cash Pickup (USD)    70000 Litecoin (LTC)    Cash Pickup (USD)    45000 Bitcoin (BTC)    Cash Pickup (USD)    105900  PayPal (USD)    Bank Transfer (VND)    236750000 PayPal (EUR)    Bank Transfer (EUR)    45000 Tether (USD)    Bank Transfer (COP)    117959250 Bitcoin (BTC)    Bank Transfer (COP)    1652826995 Perfect Money (USD)    Bank Transfer (COP)    235918500 Bitcoin (BTC)    Bank Transfer (AED)    3489017 Tether (USD)    Bank Transfer (AED)    27544 Perfect Money (USD)    Bank Transfer (AED)    2754487 Perfect Money (USD)    Bank Transfer (RWF)    5013482 Perfect Money (USD)    Bank Transfer (PKR)    1812850 Perfect Money (USD)    Bank Transfer (GHS)    256500 PayPal (USD)    Bank Transfer (ZAR)    18014123 Bank Transfer (ZAR)    Bank Transfer (MAD)    2056366  Western Union (USD)    Bank Transfer (ZAR)    343290 Moneygram (USD)    Bank Transfer (ZAR)    169928 Bank Transfer (EUR)    Tether (USD)    165900 Bank Transfer (EUR)    Bitcoin (USD)    95000 Bank Transfer (EUR)    Perfect Money (USD)    45000 Bank Transfer (GYD)    Bitcoin (USD)    140000 PayPal (USD)    Western Union (USD)    9500   And many more https://rand4dollar.com Peace! 
    • эпопея с МтГокс еще долго будет давить на рынок. любое сообщение о возможных выплатах пользователям сразу просаживает рынок, хотя выплатами и не пахло.
    • да, ситуация с эфиром приведет к парадоксу. придется отменять свое решение о признании ценными бумагами многих монет блокчейнов первого уровня. хотя и тут СЕК может как-то попытатьяся отвертеться.
    • да, читал об этом. биткоин-ЕТФ были запущены сразу после одобрения СЕК. а почему с эфирными такая задержка? не могут окончательно решить ценная бумага эфир или нет?
    • в то время нынешний уровень цены был пиком для биткоина. сейчас это всего лишь промежуточное значение и кто знает, каким будет максимум.
    • Dear Users of CryptoTalk forum we would like to inform you about the opening of a new exchange service Rebex.io! With the development of the world economy, digital assets are becoming more and more popular, and Rebex.io is proud to provide brand new tools for those who want to exchange cryptocurrency easily, quickly and safely. Our key benefits: - We offer some of the fastest and most secure transactions in the industry. -Fast exchanges you can trust. - Rebex.io supports a huge selection of cryptocurrency pairs, allowing you to choose the ones that fit your needs and goals. - We give the highest priority to the safety of your assets, giving you a guarantor to keep your money safe. - Our platform is designed to make cryptocurrency exchange as simple and convenient as possible. Even beginners will be able to navigate easily. - In order for you to make an exchange - registration is not necessary. - The exchange can be done at any time of the day or night, all for your comfort. - Prompt tech support team, which will also answer you at any time and help you solve any question and problem. Rebex.io strives to be your trusted partner in the world of cryptocurrencies by providing outstanding services and customer support. We are proud that our platform will contribute to your financial success and enrich your cryptocurrency exchange experience. Join Rebex.io today and start exchanging cryptocurrency with confidence and ease. You can learn more about our platform and services by visiting our website www.rebex.io. Our contacts: support@rebex.io  
    • XELIS (XEL) Mining Pool A new era of cryptocurrency is here. XELIS is an innovative cryptocurrency built from scratch to preserve privacy and developed in Rust for guaranteed memory security. XELIS is a private blockDAG with Homomorphic Encryption and Smart Contracts. BlockDAG + Homomorphic Encryption + Smart Contracts — join the technological revolution. SRBMiner-Multi v2.5.5+ (Windows, Linux, CPU, AMD, NVIDIA, INTEL) Open start-mining-xelis.bat file and copy / paste example below.   setx GPU_MAX_HEAP_SIZE 100 setx GPU_MAX_USE_SYNC_OBJECTS 1 setx GPU_SINGLE_ALLOC_PERCENT 100 setx GPU_MAX_ALLOC_PERCENT 100 setx GPU_MAX_SINGLE_ALLOC_PERCENT 100 setx GPU_ENABLE_LARGE_ALLOCATION 100 setx GPU_MAX_WORKGROUP_SIZE 1024 @echo off cd %~dp0 cls SRBMiner-MULTI.exe --disable-cpu --algorithm xelishash --pool de.xelis.herominers.com:1225 --wallet YOUR_XELIS_WALLET_ADDRESS.YOUR_WORKER_NAME pause   How to Mine XELIS (XEL)? Complete Beginner’s Guide
    • GamersXP is a Proof-of-Achievement (PoA) gaming reward platform that combines play-and-earn mechanics for mainstream AAA games, eSports tournaments, giveaway raffles, P2E games, and DeFi. GamersXP aims to integrate traditional gaming with Web3, providing gamers with opportunities to earn real rewards while playing their favorite games. GamersXP Products   GamersXP Reward dApp (Beta)   Gamers can earn cash and crypto by completing in-game challenges and participating in custom contests.   Integrates with popular PC games such as CS2, Fortnite, PUBG, Overwatch2, Rocket League, and Minecraft.   Download: https://www.overwolf.com/app/GamersXP-GamersXP   Upcoming Products   GamersXPBox: A hub to list games (Coming Soon)   GamersXP Giveaways Pass: Participate in giveaways by buying entry tickets (Coming Soon)   GamersXPesports: Compete in eSports tournaments to earn real rewards (Coming Soon)   GamersXPcard: Virtual card for earning and spending crypto (Coming Soon)   GamersXPID: Proof of Achievement NFT as a gaming ID (Coming Soon)   GamersXPLevelUP : LevelUp your gaming experience (Coming Soon) GMXP Token Pre-Sale Information   Token Name: GMXP   Total Supply: 800,000,000   Network: Polygon   Contract: https://polygonscan.com/token/0x6ca6f60bd339da93124ba29e4fd957aee766b1b3.   Presale URL: https://trade.kanga.exchange/a/xDPntvoy.   Pre-Sale Date: June 5th, 2024   TGE Estimation Date: July 2024   Key Points:   30 million GMXP tokens available at $0.005 per token (35% lower than public sale price).   Early investors get a 2% cashback on their investment through referral link provided by the influencer.   Influencers receive a 4% commission for transactions made through their unique referral links. Roadmap and Goals for 2024    Milestone 1 (May 2024): Raise €50-150k through private sales.    Milestone 2 (June 2024): Grow the community and implement branding changes.    Milestone 3 (June 2024): Secure partnerships with top-tier launchpads and CEXs.    Milestone 4 (July-Aug 2024): Conduct public IDOs and list the token on reputable CEXs. Core Team   CEO-CTO & Co-Founder: Christos Panayiotou - Entrepreneur x3, Crypto entrepreneur since 2014 (170+ BTC Mined), 18+ years in IT & Business.   COO & Co-Founder: George Xenophontos - Entrepreneur x2, Passionate semi-pro gamer for over 15 years.   Tokenomics and Treasury Experts: Trireme Trading Connect with GamersXP    Website: https://www.gamersxp.io/    Twitter: https://twitter.com/GamersXP_GMXP    Discord: https://discord.com/invite/yAgzJS7cuN    Telegram: https://t.me/GamersXPOfficialChat    Linkedin: https://www.linkedin.com/company/gamersxp Resources:    Pitchdeck: https://docsend.com/view/8z8bs6khve6tfuwj    Whitepaper: https://gitbook.gamersxp.io/whitepaper    Legal Opinion: https://docsend.com/view/3y3hu6zpsw7fya7f    Tokenomics: https://gitbook.gamersxp.io/whitepaper/economy/usdgmxp-token-overview-or-specifications
    • Нью-Йоркская фондовая биржа (NYSE) будет сотрудничать с CoinDesk Market Indexes для запуска продуктов, отслеживающих цены на биткойны.  Это сотрудничество станет расчетным индексом, который откроет новые возможности для торговли опционами на биткойны. Это принесет пользу традиционным трейдерам и инвесторам, использующим индекс цен биткойнов CoinDesk (XBX), самый продолжительный спотовый индекс биткойнов ( BTC ). «Поскольку традиционные учреждения и обычные инвесторы демонстрируют свой широкий энтузиазм по поводу недавнего одобрения спотовых биткойн-ETF, Нью-Йоркская фондовая биржа рада объявить о своем сотрудничестве с CoinDesk Indices», — сказал Джон Херрик, директор по продуктам New York Stock. «После одобрения регулирующих органов эти опционные контракты предоставят инвесторам доступ к важному ликвидному и прозрачному инструменту управления рисками». В настоящее время XBX отслеживает спотовую цену Биткойна в долларах США в режиме реального времени на нескольких криптобиржах. NYSE считается крупнейшей фондовой биржей в мире с рыночной капитализацией около 39 триллионов долларов . Что означает это сотрудничество Сотрудничество происходит в период позитивных настроений в отношении биткойнов, когда в начале этого года было одобрено создание спотового биткойн-ETF . Это сигнализирует о том, что NYSE хочет присоединиться к общей тенденции рынка криптовалют. Спотовый биткойн-ETF позволяет обычным инвесторам быстро получить доступ к биткойнам без непосредственной покупки и хранения криптовалюты, используя свои обычные брокерские счета. ETF предлагает более высокую ликвидность и более легкую торговлю в традиционные часы рынка. Это сотрудничество NYSE и XBX означает, что инвесторы теперь могут торговать опционами с денежным расчетом, что позволяет инвесторам хеджировать или спекулировать на изменениях цен на биткойны.  Опционы могут быть непростыми, но такая схема позволяет традиционным трейдерам Уолл-стрит торговать обычными индексами, не требуя новых финансовых инструментов или счетов. По сути, это упрощает для инвесторов процесс управления рисками и реализации передовых торговых стратегий.
    • FOXbtc - это надежный и удобный обменник криптовалют, который предлагает широкий спектр услуг для обмена криптовалют и наличных. У нас вы можете быстро и безопасно обменивать Bitcoin, Ethereum, Litecoin и другие популярные криптовалюты. Мы гарантируем высокий уровень безопасности и конфиденциальности ваших сделок. Кроме того, наш обменник работает круглосуточно, что позволяет вам обменивать криптовалюты в любое удобное для вас время. Присоединяйтесь к Foxbtc.pro уже сегодня и начните обменивать криптовалюты легко и удобно!" Контакты: E-mail - FOXbtc_pro@protonmail.com TG - @FOXbtc_pro
×
×
  • Create New...