Gold & Crypto

[Cryptic 0]

I think we don't need to debate which is the best, which is the best asset because it is all a matter of preference since both has their own strength and weakness. Like Gold is good for long term investment as its price didn't change much because it is less volatile. Bitcoin on the other hand is good for short-term trading since it is volatile meaning its price change over time, so the time that its price rise up then better to sell it immediately to gain some profit. Yeah Bitcoin is commonly known as Digital Gold because of its price and both is hard to obtain(mine).

[Alex_The Investor 41]

It has always been surprising how one can compare a precious metal, which has been on the market for over 100 years, with a cryptocurrency, but last year has changed my view and now I see that in the future, crypto can really replace gold in the future.

[alex380 49]

gold is real and you can touch this

[rub4ix 26]

I think it's in some parts the same thing. But gold have no prerequisites for growth, as opposed to Bitcoin, what are financing by big value.

[Anton739 48]

Nowadays it’s much more profitable to work with crypto currencies. They grow much more. You can earn more if you know what you are doing. However I’m not saying gold is bad. Gold in my opinion is a very reliable metal. I don’t think that one day in near future it will drop low. 

[Simple94 16]

On 10/1/2019 at 2:28 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.

 

 

I don't think that will happen since in the classical market it is not convenient for people to buy gold with bitcoin since its original currency will drop in price.

[ave1ka 8]

I think both gold and bitcoin have the right to exist. Each person invests money in what he sees fit. More mature investors trust gold, while young people invest in cryptocurrency.

[Red-Jones 1150]

bitcoin cannot be compared to gold, gold has been around for ten years and is used for many things and mainly used for exhibitionism to show wealth and power. the investment business is used as a store of value and its market capitalization makes it look like bitcoin is still a kid who needs to grow a lot

[supertron1234 44]

On 2/10/2019 at 11:01, cryptokram said:

El oro y las criptomonedas son dos cosas diferentes,

El oro también es una inversión, ya que las personas no pueden reproducirlo.

Los humanos los usan como joyerías y el precio está subiendo lentamente.

La criptomoneda es una inversión que no podemos mantener físicamente, ¡esta es una moneda!

Entonces, si FIAT se irá, ¿ORO = 0.01 BTC por gramo? ¡así!

Exactly, they are completely different things, I also think the same as you, since gold is an investment and its value rises but not as much as cryptocurrencies are, since these can vary a lot, as well as we could observe the BTC, it varies Its value is very much, in addition, gold for me is like a passive type investment, because it has a very slow rate, with respect to its value, and as if that were not enough, the cryptocurrency is very volatile in that aspect, so I do not have more to say about it but if it is necessary to understand a little more how is the operation of both and of course you make an objective decision

[makcim4 1305]

 

Probably gold, because in times of crisis it is a very stable financial instrument, compared to cryptocurrencies, oil, stocks.

[whatislovebabydonthurtme 23]

I really like that bitcoin and gold become more and more cooorelated - bitcoin becomes a digital protective asset and its great !

[Naylor89 1223]

Bitcoin is very profitable because since the price of bitcoin soared in 2017 has made many new traders join to take part in it. bitcoin has shown its highest value for profitable investments over the past decade. gold is no longer used as an exchange unit. It's even hard to trade real gold these days.
 

[elenavshubke 55]

On 01.10.2019 at 22:28, 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.

 

 

I'm a beginner and for me a lot is very interesting in this area, your topic is especially relevant, I will gladly re-read every message.

[fatimateta 175]

I think gold is old way from the past time and cryptocoins is the new way to save your money  gold is difficult to saving 

 

[crysoul 12]

I think there is no need to fight this together. I think they can work well together as aggregate value and assets for investment and profit based on personal and their values.

[texecom 2]

I think, The bitcoin correlation with gold is very realistic.

[k1ras1n 24]

I think both of them are very important for the future. Gold prices are suppressed by manipulation and leverage. Bitcoin has not yet been discovered by the whole world and has not reached its peak.

[cesarladino1515 60]

Cryptocurrencies but bitcoin ahead of the others if you had invested in bitcoin 10 years ago, you would have a lot of money gold was not as kind as bitcoin but certainly 100% crypto, and more with such good projects that are just starting

[ShiNorton 906]

Store value does matter.  Gold is used to back national currencies for so many countries.  I think gold and Bitcoin both have the values on this planet so respect both of them. Bitcoin  is also the digital gold. 

[Joli7 25]

I think both can be used at the same time. Gold, on the one hand, is a mineral that costs a lot to obtain but has many economic benefits, but cryptocurrencies are electronic, a non-palpable resource that can last for many years.

[bilalabid 29]

i think bitcoin is good there is futures this is profitavl bitcoin 10x 5x gold not fast pump bitcoin is good

[Gabriels100 157]

There are already cryptographic currencies backed by gold and tangible assets, ahead of the future, and based on 'blokchain' technology or blockchain, although the subject is not very well known due to the little disclosure it has had. Perhaps gold-anchored cryptocurrencies could be an alternative, as gold served as a currency for five thousand years of known human history. In other words, gold is also a safe value for cryptocurrencies.

These cryptocurrencies will continue to increase in value just like Bitcoin.

[faiyajmaner 23]

Very different angle goldies  gold is gold crypto is crypto  use in business has present business and future business

[dimaminecraft 17]

well gold is concrete and we can unmistakable... while crypto is immaterial. I imagine that gold for the duration of the time it diminish its worth while bitcoin, it is truly depends if its siphoned up or unloaded down... in any case, I realize that in prominent sentiment gold is more important than bitcoin...

[Joli72 18]

I believe that gold and cryptocurrencies can go hand in hand in the economy, both gold and cryptocurrencies are very reliable monetary means, both with their advantages and disadvantages inherent in their qualities.