Quote from: Sled on July 07, 2017, 10:37:59 AM

Quote from: equator on July 07, 2017, 07:40:33 AM

Why dont know everyone wanted Bitcoin to replace anything like bitcoin replacing fiat currency, or bitcoin replacing gold. When every one knows that Bitcoin is more like a good investment option just like gold and both investment option are good for investment as their price fluctuation is high.

Gold is does not have that high fluctuation on the price because it is more likely for long term investment which is good for people who want to have a secured investment. Bitcoin is just for people who want to make money in either short or long term or to be involved in the latest technology of the currencies and that is all about bitcoin and other cryptocurrencies.

Bitcoin and gold can both be considered resources. Them two can likewise be utilized as a wellspring of venture or for individual utilize. On account of bitcoin, it is better as far as its utilization and security. It can be effectively traded among two individuals and nobody needs to stress over its security. It is less demanding for hoodlums to take gold since it has physical properties while bitcoin is a virtual or online money and there is no compelling reason to stress over its security in that sense. Likewise, bitcoin is additionally more profitable than gold and is expanding day by day at a quicker rate than gold.