Quote from: Twentyonepaylots on January 05, 2020, 03:05:47 PM

Quote from: rijaljun on January 05, 2020, 02:45:18 PM

Quote from: bitzizzix on January 05, 2020, 02:23:53 PM

I also don't understand why bitcoin is always compared to things that are valuable or related to investments which obviously all have differences even though the goals are the same.
gold has existed since the time of our ancestors and has existed since the earth existed and the shape of gold is real and very valuable and will never run out as long as the earth exists, and bitcoin is still 10 years too far with the age of gold and bitcoin is formless but valuable and both are very profitable if you have it.

Cause people think Bitcoin is store of value just like gold that is why they are comparing them. Also, gold isn't unlimited, experts do agree that gold has a limit supply because it takes so much resource to mine and make. It is just the same with Bitcoin which is limited.

Bitcoin is primarily used for investments believe it or not. It is not surprising it is compared with things of high value such as gold since aside from it being on a different trading environment, bitcoin doesn't really have that much of a difference. But I do digress this comparison as bitcoin has it's own manner of measurement which makes it illogical to compare them with gold.

Not even close to the same, once a miner mines the gold, the gold is in the world for somone to extract it's utility, however once you mine a bitcoin, you need another miner in the future to push forward existence of all already mined bitcoin.... not the case for gold LOL.

I told you noobs 2 years ago in this thread, you were going to get rekt, now pay for the lies you told and believed!

The only value a bitcoin stores is the hopes and dreams it stores and the lesson it will teach!

Gold is Money of Kings, bitcoin is poison of rats

Bought as bitcon
Lost as Bitgon
Remembered as Bitcon