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Re: can bitcoin in the future surpass gold?
by
Blockchain Gold
on 13/05/2019, 08:46:49 UTC
⭐ Merited by UGC (6)
bitcoin will surpass gold if the price is very stable, when people have used bitcoin as a daily currency, but of course gold still exists in the future, for storing value as well as jewelry
For me bitcoin is much more important than gold because gold is just jewelry but bitcoin is surely the best investment, it will get better day by day, but gold has no important now in this era that it has been having in old ages, let’s see when bitcoin removes the name of gold form best investment list but I am sure it will happen very soon.



I am sure Bitcoin will surpass gold one day. Since bitcoin is a currency its use is much more than gold. People use gold more often as a store of value and price of Gold is also stable. On the other hand, bitcoin price is very much volatile which also attracts the whales and traders to get good profit from its movement.

When the price of BTC will rise above price level that it will become to expansive for people to buy just 1BTC it will become the next storage of value. But we all have to know that until all or more governments don't recognize BTC as a valid currency it will be hard.