Quote from: kapalmabur on October 12, 2019, 06:43:39 AM

Quote from: djselery on October 11, 2019, 03:16:14 PM

Quote from: bitcoinsc on January 27, 2019, 12:54:31 AM

Gold exist for over a 1000+ years maybe? Bitcoin only 10 years. Also the internet existed about 25+ years. Bitcoin price is higher than gold by over 200%. I think the value of Bitcoin is going to sky rocket once again. When technology gets more advance n the Bitcoin system upgrades. Just another speculation.

There are many differences between gold and Bitcoin. BTC is a cryptocurrency and a digital asset, while gold is, basically, a physical asset, not a currency. So it is obvious that the usability of BTC is, in theory at least, larger than gold, despite that people around the world still trust gold more than any cryptocurrency. But I agree that BTC value is going to rise with time.

if the supply doesn't change I'm sure Bitcoin will be in line with gold, time has already answered, bitcoin from $ 1 to $ 16000 in just a few years,
and now experiencing correction is very reasonable, hopefully bitcoin will still be there for the next 100 years Grin

Bitcoin is the digital form of assets like gold or diamond. A century is nothing in front of bitcoin popularity, I am sure it is going to last forever until and unless world has access to internet. World is moving towards smart cities, then how can we think smart currencies will disappear? Bitcoin will be inherited by people in nearby future as an asset.