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[AudraMiller]

There are many people that ask the question about whether or not cryptocurrency is considered to be better than investing in cold or whether they should rather invest in a physical asset that is more universally accepted. However it seems that a recent article has actually been released to show that the potential of Bitcoin is rising at a very massive rate, leading to a market cap that could exceed gold in just a few years to come. This was released in a statement that was made by Novogratz, who is the CEO of galaxy digital . What do you think about this statement that was made? Personally i think that he is correct, because as the supply of bitcoin is decreased, with increased mining activity, that the value will rise, thereby surpassing gold, and finally answering the question of the rivalry that has existed since its inception.

 

[LutherKing]

Yes or no at the same home time there are people who would like it to grow others are not even interested so gold can never be finished

 

[Wisdom01]

Yeah I think with the development of Bitcoin ,I think it might truly win the race against gold ,for me the acceptance is increasing rapidly and the integration of Bitcoin

 

[07Trinity]

There are many people that ask the question about whether or not cryptocurrency is considered to be better than investing in cold or whether they should rather invest in a physical asset that is more universally accepted. However it seems that a recent article has actually been released to show that the potential of Bitcoin is rising at a very massive rate, leading to a market cap that could exceed gold in just a few years to come. This was released in a statement that was made by Novogratz, who is the CEO of galaxy digital . What do you think about this statement that was made? Personally i think that he is correct, because as the supply of bitcoin is decreased, with increased mining activity, that the value will rise, thereby surpassing gold, and finally answering the question of the rivalry that has existed since its inception.

No,gold is incomparable infact it has no rival,you can check it's volatility in a trading chart,you will understand what I mean,it's a difficult ball game entirely as you can go bankrupt or become rich trading gold.

 

[btaliat]

I don't believe this. Gold is an asset that's valued by almost everybody in the world based on its usefulness and predictability. But bitcoin is only loved by some section of the world. This will make gold be rated over bitcoin

 

[Wisdom01]

I don't think there's any race between gold and Bitcoin at least they're two different commodities, people keep goods as a form of money and they cannot be compared to the decentralized form of cryptocurrency

There is actually difference between the two ,gold have a physical store of value while Bitcoin dosent ,but still yet the development of Bitcoin is still increasing rapidly

 

[Marvelous]

There is actually difference between the two ,gold have a physical store of value while Bitcoin dosent ,but still yet the development of Bitcoin is still increasing rapidly

For me I really think the comparison between bitcoin and gold should be stopped for now. The last time I even look at the exchange rate gold was decreasing in value. Why bitcoin is rising dividing and growing in strength

 

[Marvelous]

Am sorry that can't be helped right now, bitcoin will forever be compared to gold unless there is a gulf of great distance between them in values. But Bitcoin is Winning the race at least for now

Yeah I know the youths are now no longer interested in gold as a commodity everyone is now owning a wallet and now trading crypto at the mercy of their mobile phone, gold is losing

 

[Brain]

This argument has been going on for a while now and I think Bitcoin might surpass gold in price but in value gold would still take it rightful place. Gold is really an asset no matter what.

 

[Marvelous]

This argument has been going on for a while now and I think Bitcoin might surpass gold in price but in value gold would still take it rightful place. Gold is really an asset no matter what.

Yeah nobody is disputing the fact that gold is not an asset. But then people might forget about it especially the younger generations where most of them deals with crypto currency even before they are of age. While the older generations deals values and deals with golds for them the tradition is being lost

 

[Brain]

Yeah nobody is disputing the fact that gold is not an asset. But then people might forget about it especially the younger generations where most of them deals with crypto currency even before they are of age. While the older generations deals values and deals with golds for them the tradition is being lost

Ok you have divided it into generation now Lol. Well to a large extend you are right the younger generation believe more in crypto currency now than gold. So your point is absolutely valid

 

[Marvelous]

Ok you have divided it into generation now Lol. Well to a large extend you are right the younger generation believe more in crypto currency now than gold. So your point is absolutely valid

Its True bro, the younger ones are not really being bugged by cryptocurrency anymore, gone are the days when gold was held in high esteem

 

[Marvelous]

I don't think there's any race between gold and Bitcoin at least they're two different commodities, people keep goods as a form of money and they cannot be compared to the decentralized form of cryptocurrency

I don't understand what you are trying to say here but then gold can also be used as a form by legal tendency, it shares some similarities with cryptocurrency they both have flunctuating rates

 

[Brain]

Its True bro, the younger ones are not really being bugged by cryptocurrency anymore, gone are the days when gold was held in high esteem

I didn't really understand this maybe you need to expantiate on this but gold is still a good investment it just that the younger generation now are more of crypto currency as you earlier mentioned

 

[Balint098]

Wonder about that. Currently, bitcoin won against gold yeah. But since the price movement of bitcoin is radical, who knows if in the future it crash again.

 

[Wisdom01]

Yeah I know the youths are now no longer interested in gold as a commodity everyone is now owning a wallet and now trading crypto at the mercy of their mobile phone, gold is losing

Some youth that dosent know about Bitcoin are still investing in gold ,the feel it the best store of investment with potential ,not knowing the growth of Bitcoin

 

[AudraMiller]

Yes or no at the same home time there are people who would like it to grow others are not even interested so gold can never be finished

I do agree with you because a lot of people are still not convinced by cryptocurrency and as a result they will choose to rather invest in something that is physical in which case it would be gold. Gold will never become obsolete.

 

[Wisdom01]

I do agree with you because a lot of people are still not convinced by cryptocurrency and as a result they will choose to rather invest in something that is physical in which case it would be gold. Gold will never become obsolete.

Yeah in their mind they believe that since crypto currency and their investment dosent have a physical value it could cease to exist ,so they have to invest in physical

 

[Sotherefore]

Well it will be something of no surprise to find out that bitcoins might overtake gold in the future because bitcoins is a digital assets and people can just invest in it all over the world and at the comfort of their home, the main reason for this is because of the digital advantage of bitcoins over gold.

 

[highspeed]

And then, according to your reasoning, I agree with you.
However, I believe that only Bitcoin which could exceed the value of gold in a few years, while all other cryptocurrencies are excluded from this scheme.