Quote from: wearepoor on August 29, 2017, 02:12:24 PM

Quote from: donbu7 on August 12, 2017, 03:13:08 PM

I've been analyzing all this happening with bitcoin and I'm coming to the following conclusion:

Before the most important asset was the gold in which everyone wanted and possessed, the governments were displacing gold with money a centralized asset which lost its value day by day.

Bitcoin is an asset that goes up in price for all the features that Satoshi thought and gave to it.

Today there are hundreds of altcoins and for sure there are some that are much better than bitcoin, and that these will be more used than bitcoin in the future, but bitcoin will be the king of all the new digital gold. People will use other altcoins as well, but the savings and investments will be in bitcoin, and this is for the simple reason that it was the first altcoin, and that people believed in it from its beginnings.

The bitcoin is here to stay and has created a revolution in the monetary system around the world. And we can be proud to be living the moment when this is happening.

Bitcoin is heading to $4,000 usd per coin and I am sure that the price of bitcoin in 3 years will be exponentially higher than is today.

In Bitcoin we trust, god bless you all

Yes, bitcoin can be consider as new gold, which value is increasing day by day. Current value of the bitcoins has been already crossed 4600 $ and it may touch 5000 $ by the end of the September month. Bitcoins are producing highest returns if we compare it with the gold, so as per me bitcoin is the new digital gold

So anything that can produce insane returns is a kind of gold to you?

What about volatility indexes then, which can be more profitable than gold and Bitcoin combined (and by a good margin at that)? Should we consider them as new gold too (despite the fact that they are short-lived by their very nature)? Gold is known for the stability of its value, not its high returns. In this respect, you simply can't compare Bitcoin with gold, but that's the quality which people value and praise most in gold. As to me, Bitcoin is a far cry from that, by any means