Gold & Crypto

[hexwin 4931]

I don't see what is 'hard' here to understand... even kids could understand, and you even have colors.

Even if people can't read they know green is good, red is bad

[Deborah Christine 410]

The value of gold basically does not go down and will tend to become more valuable each year. This is because gold has limited or limited properties. The amount of gold in the world is rare and not easy to dredge, making the value of gold still valuable. Gold as an investment option to maintain the value of assets, especially facing the risk of inflation. . 

While Bitcoin is a new technology that is seen as going to revolutionize the financial world. Although Bitcoin was originally seen as a technology for payment, many people have used Bitcoin as an investment instrument because of its volatile prices.

If Gold is seen as a protector of wealth then bitcoin is seen as a protector and enhancer of wealth.

[Saoha 189]

I feel gold and cryptocurrencies are quite similar. Both will have limits and can be used across borders,
Usable worldwide. Both are not the same currency that will be constrained by the government. When the world became more and more unstable, rich people hold gold and cryptocurrencies.

[cryptotalker 611]

On 10/1/2019 at 10:28 PM, hexwin said:

 

What do you think should crypto be against gold or maybe gold and crypto work great together?

I don't see anything wrong in using both of them as Store of Value and as payment option.

There is also several tokens backed by real gold, and this proves that it can work in real life.

 

 

yes, I think they are not opposed and they have a space to work together. gold is difficult to physically store and difficult to spend because it has a whole structure. Bitcoin, on the other hand, solves all these problems easily thanks to its technology.

[hexwin 4931]

This is what I am talking about! Bitcoin and Gold CAN and SHOULD work together.
I see only advantages everywhere

Quote

Europe's Most Trusted Crypto And Precious Metal Companies Partner To Create Gold Token Secured By Bitcoin Network

https://www.prnewswire.com/in/news-releases/europe-s-most-trusted-crypto-and-precious-metal-companies-partner-to-create-gold-token-secured-by-bitcoin-network-896777412.html

https://cointelegraph.com/news/coinshares-blockchain-launch-dgld-gold-token-on-bitcoin-blockchain

Edited October 15, 2019 by hexwin

[Caporetto 327]

Yesterday someone moved 107,848 btc aprox 900 million  with just 166 $ fee, and moved in max 30 minutes, now try to do this with 900 mill worth of physical gold, and see how many obstacles u have and how much it costs to transfer that between countries.If BTC is going to succed is going to be as digital gold and some other coin will take its place for day to day transactions.

[Retno 163]

I think crypto concept is same like gold. Limited supply. For people like us, have both is giving more opportunity. But if you talk about price, crypto more worth than gold. Because invest in crypto more profitable than gold. 

[hexwin 4931]

5 hours ago, Caporetto said:

Yesterday someone moved 107,848 btc aprox 900 million  with just 166 $ fee, and moved in max 30 minutes, now try to do this with 900 mill worth of physical gold, and see how many obstacles u have and how much it costs to transfer that between countries.If BTC is going to succed is going to be as digital gold and some other coin will take its place for day to day transactions.

I can agree with that scenario.

But we may also see some second layer solution
that will enable Bitcoin to be used more as everyday payment. 
Problem is that many people wont spend it, as they wait to moon 😎

Edited October 15, 2019 by hexwin

[bentayebsalah 2280]

I think Bitcoin is outpacing the price of gold
And better than gold in terms of value and storage
I support and agree with your suggestion and opinion
Maybe see it in the future

[alexisfuentes 2130]

Guys, without passions, gold has many advantages.

Gold has more the 5000 years in use, trading, exchanging. 😊

[hexwin 4931]

 

Interesting comparison for precious metals like Gold and SIlver, Fiat money and Bitcoin.
We can see some clear advantages for Bitcoin.

https://coinatmradar.com/blog/how-to-invest-in-bitcoin-using-atms-part-1/

[muneebzafar889 28]

CryptoCurrency is a digital currency in the world and you carry with youself with every where billions of dollars but when you buy gold you don't carry this with you everywhere because of risk

[Mohs3n71 0]

On 10/16/2019 at 4:48 PM, dislayner said:

Yes I have, it's a decentralized exchange and one of such trying to remain relevant. However I think with proper improvement and upgrades they can offer more; this is because I have used the exchange and during my first time of withdrawal it took time I had to complain on their Discord group but ever since then haven't experienced such.

What did I actually read ? are you in a correct topic at all ? I think you're reply is not even relevant to this topic

Edited October 17, 2019 by Mohs3n71

[Jajak 41]

On 10/2/2019 at 2:28 AM, hexwin said:

 

What do you think should crypto be against gold or maybe gold and crypto work great together?

I don't see anything wrong in using both of them as Store of Value and as payment option.

There is also several tokens backed by real gold, and this proves that it can work in real life.

 

 

Who are the coins that have real gold support? I don't know about that yet, does anyone want to answer my question?

[hexwin 4931]

3 minutes ago, Jajak said:

Who are the coins that have real gold support? I don't know about that yet, does anyone want to answer my question?

There are some tokens that are connected to gold, like GOLD token and other.
Research more on internet about this subject, and note that many of them can be scam.

https://www.goldscape.net/gold-blog/gold-backed-cryptocurrency/

[Mohs3n71 0]

I think the topic is going in a wrong way as new posts are not even relevant to the title of the topic and no one is talking about the gold vs bitcoin, maybe it should be locked

[hexwin 4931]

People are talking about GOLD and CRYPTO and that is the title of topic.
I am updating it in regular basis and I am also reporting people who are talking offtopic bs  spam

[Desais 7958]

if people use the topic for spam we will have to close it

[hexwin 4931]

5 minutes ago, Desais said:

if people use the topic for spam we will have to close it

I am reporting spam....
And I reported that spammers several times...they are not banned yet HERE

Topic is not the issue 

Edited October 16, 2019 by hexwin

[Desais 7958]

4 minutes ago, hexwin said:

I am reporting spam....
And I reported that spammers several times...they are not banned yet.

Topic is not the issue 

we have removed and banned many spammers

[Guest]

Gold doesn't work as a payment and it's a huge pain in the ass and isn't divisible. Bitcoin isn't widely accepted and isn't great as a cash replacement but definitely better than gold. As far as store of value, gold may be more stable via USD but it's buying value is weakening with every year it doesn't rise.

[Jajak 41]

8 hours ago, hexwin said:

There are some tokens that are connected to gold, like GOLD token and other.
Research more on internet about this subject, and note that many of them can be scam.

https://www.goldscape.net/gold-blog/gold-backed-cryptocurrency/

Thank you for answering my question, friend and giving you more knowledge about the many coins in the crypto world. thank you

[dana33 302]

In my opinion gold is more better for long term investment because the price is not changed that much. For bitcoin, it's good too but the price can changed easily and it will make investor afraid easily.

[s888 99]

gold more better than crypto in gold there is slow movement no risk price always go up very some time price may go down but every time it go up you can check history but crypto is more risky than hold the gold

[Tahir Farhad 112]

Gold and cryptocurrencies are totally different and both gold and curytocurrency each have its own pros and cons. Cryptocurrency do not need a safe box and Gold do not need any electricity to mine.