Ninjastic
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Board Bitcoin Discussion
Re: Bitcoin VS. GOLD
by
royalfestus
on 03/04/2018, 20:53:27 UTC
Quote from: s4jxzz on April 03, 2018, 08:47:33 PM
Quote from: Crystacool on April 03, 2018, 06:42:26 PM
Quote from: Cryptokobi on October 15, 2017, 07:03:15 AM
Will the bitcoin replace the Gold? If there is A war coming everyone will run to the Bitcoin instead of the gold?
Some analyst  say that in 5 years BTC will be less than $100 while GOLD will be above 10K, your thoghts?
I did my risk mangment and split my investments, boght PAX coin to be on the safe side.


link for more info: https://payperex.com


I don't think bitcoin will replace gold. Gold is a heavy metal, and its value is recognized by all countries around the world, and bitcoin is only a digital currency, which is recognized by some people. I think bitcoin and gold are two very different things.


Give it more time.  I think eventually bitcoin will replace gold.  Gold standard was wonderful system.  But gold is outdated.
This had long been argued and I think bitcoin had left gold behind for a while until the new year dump which would recover after a while. They are no more competitor as asset.