Quote from: ledu_ico on October 20, 2017, 01:52:14 AM

Will bitcoin overtake golds place?
It might be the case investors and adopters will use both gold and bitcoin, revealing either/or debates to be more about blackening bitcoins reputation than substantial analysis. Legacy banks usually prefer status quo to radical innovation.
Are you hedging in preference to bitcoin over gold?

Do you know?, Since Monday march 6 2017 bitcoin has exceeded the price of gold,

Quote from: TanyaDegurechaff on October 20, 2017, 02:12:54 AM

Quote from: ledu_ico on October 20, 2017, 01:52:14 AM

Will bitcoin overtake golds place?
It might be the case investors and adopters will use both gold and bitcoin, revealing either/or debates to be more about blackening bitcoins reputation than substantial analysis. Legacy banks usually prefer status quo to radical innovation.
Are you hedging in preference to bitcoin over gold?

It is unlikely that bitcoin will take over gold because the value of currency of a country is based on gold. The more gold you have on reserve the higher the value of the currency is. And one of the best characteristics about gold is that it never days and its value almost never decreases. As for bitcoin its value is very volatile it can go from &5000 a coin to $3000 in just minutes depending on the situation, but don't think that being volatile is a bad thing because just like what happened recently that bitcoin price has skyrocketed and many have earned huge amounts of money after they have bought bitcoin even though there is a fud by china. So it really depends on how it is manage and invested and by whom is investing in it. for governments gold is the better option and for companies and individuals bitcoin is better.

I agree to your opinion.
The value of currency of a country is based on gold.
For governments gold is the better option and for companies and individuals bitcoin is better.

Quote from: cyclotronmajesty on October 20, 2017, 03:18:31 AM

Both are good as an investment and people have more faith in gold only because it exists since long time and in long term people have made good profits from it but its price is not too volatile like bitcoin so if you want to make huge profits in quick time then bitcoin is the right choice for you as even with small investment you can expect best profits depending on the price of bitcoins.

I agree with you.
Bitcoin itself is known to often experience high fluctuations, whereas gold has of price stability
I`m new here as trader, but i`m tend to choose bitcoin.
Because, Bitcoin price always experienced very aggressive price fluctuations.