Quote from: BTCevo on July 06, 2015, 04:07:59 PM

Quote from: Amph on July 05, 2015, 07:11:54 PM

Quote from: BTCevo on July 05, 2015, 06:15:22 PM

Quote from: roadbits on July 05, 2015, 03:41:58 PM

If Bitcoin becomes the store of value for the majority of the people unbanked, it could replace gold as the preferred medium for storing wealth.

To replace gold bitcoin must make the price stable enough because compared to gold bitcoin is too far to make it stable. And one more thing that without the volatility of bitcoin, bitcoin will lose their attractive to people because bitcoin will no longer as a trading but a pure investment. So it must be considered well enough

bitcoin is fairly stable recently, if we can maintain this climbing, we can have both, stability and a good price

also volatility it's bad only when bitcoin falls, not when it's rise for evident reasons, this is not true for merchants, but it is true for holders

Yes but we need more adoption to maintain this climbing, with low response from people I dont think this will stay longer

Volatility affects all people not when it falls, when its high people will start to buy too and when people but in a wrong time they will suffer a loss too but in other side we need volatilty to earn more profit so sometimes it will need volatility but not too often

if there is low demand and supply we mostly like to stay in this current so stable situation than climbin or falling, we are stuck in a limbo until we can rise, i doubt we can ever fall from now

you can't for sure have both, good price and stability at least for the time being

Quote from: iWokeUpLate on July 07, 2015, 05:45:13 AM

Gold is better then bitcoin would love to invest in it as it is the best investment product and don't go with the present prices just think of the future and it will definitely give best return on investments.

the future of gold is even more uncertain than bitcoin, there is nothing that tell us that it will skyrocket, it look more and more like a dead market that will fluctuate between its last ath and current range...

bitcoin has a greater chances to rise than to fall, and much more potential as an investments, and for fast profit you can use to short