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❕NEWS Bitcoin to win the race against gold - Its a matter of time

AudraMiller

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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.
 
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
Mate, not everyone can afford gold as an investment.. sure. Gold is physical so you can get more security in that but.. can a.. let's say a student buy gold and keep it as an investment? Can people from the lowest earn gold for a living? Without mining it atleast. Doubt it.
 
Mate, not everyone can afford gold as an investment.. sure. Gold is physical so you can get more security in that but.. can a.. let's say a student buy gold and keep it as an investment? Can people from the lowest earn gold for a living? Without mining it atleast. Doubt it.
I have to agree. Anyone can have access to Bitcoin either in bits or as a whole depending on one's pocket and even more so with the world becoming digitalized. Gold is getting more and more relegated to the background especially when compared to Bitcoin.
 
Both have some difference and some same things but one is reality and other is a virtual asset gold goes up in economies recession tines bitcoin no sureity i'm unsure at this comparison of the two and doesn't look very appropriate in my eye at least
 
Bitcoin or cryptocurrency in general has more recessions than gold though, as cryptocurrency can easily be swayed unlike with gold. Especially now that we are still in bear season now for months and seems to be no sign of any bull anytime soon, and the bear could still last long dependent on the moves of some countries towards cryptocurrency
 
Cryptocurrency is a better investment than gold. If we look at the price of gold and bitcoin for the past 10 years now. We will see the rapid and massive growth in the price of cryptocurrency to that of gold as it can not be comparable. So cryptocurrency is a better investment than gold
 
Gold has been in existence long before bitcoin was born, but with the rate at which the Bitcoin project is developing, it will beat the market capitalisation of gold in few years to come. This is very certain because Bitcoin has gained traction in most of the countries in the world.
 
We know this will happen but we don't know when this will be. Again, we still have the battle coming from SEC and other regulators which may not really be a nice thing for this envisioned victory. However Gold is still a good investment for those who have access to it. The only challange with Gold is the fact that it can easily be sold from comfort of home just like Bitcoin
 
Gold has been in existence long before bitcoin was born, but with the rate at which the Bitcoin project is developing, it will beat the market capitalisation of gold in few years to come. This is very certain because Bitcoin has gained traction in most of the countries in the world.
You are right about the rate at which it is growing however i think that there is going to be a point in teh bitcoin growth that it will start to decrease because right now there is a lot of concerns that are beign raised and the price is dropping down as welland therefore i think that this will deter people frommore investments.
 
You are right about the rate at which it is growing however i think that there is going to be a point in teh bitcoin growth that it will start to decrease because right now there is a lot of concerns that are beign raised and the price is dropping down as welland therefore i think that this will deter people frommore investments.
It is rather unfortunate that the technical analysis that I carried out on btcusd pair was not approved by the admin despite the time I spent to carryout the analysis. My findings showed that Bitcoin will dip future but it will probably make a rebound at $18,000. It is very sure that Bitcoin will surge in the future because it is limited in supply.
 
Abomination!. you dont use the present value of bitcoin to determine its comparison with gold. gold still remain the best asset to reckon with in terms of value and security. many investors would dare invest their money on gold than bitcoin.
I think that the present value that you are seeing with bitcoin right now tells a lot about where the market is right now and how it is likely to be received int eh future as well. People use this information in order to be able to try and make predictions of how to go forward with their investment in the coin.
 
It is rather unfortunate that the technical analysis that I carried out on btcusd pair was not approved by the admin despite the time I spent to carryout the analysis. My findings showed that Bitcoin will dip future but it will probably make a rebound at $18,000. It is very sure that Bitcoin will surge in the future because it is limited in supply.
If it was something that was not approved by teh admin then it could be something that was consiered wrong with the post in terms of maybe sharing a link to an article as this is not allowed on this forum or perhaps even teh copy and paste ratio. However keep writing and i am sure that teh admin will see the merit in what you post.
 
If it was something that was not approved by teh admin then it could be something that was consiered wrong with the post in terms of maybe sharing a link to an article as this is not allowed on this forum or perhaps even teh copy and paste ratio. However keep writing and i am sure that teh admin will see the merit in what you post.
I did the analysis painfully myself and I used only the RSI and the EMA indicator to carefully write out my findings. Anyways, the Bitcoin has lot of potentials and it is probably one of the best cryptocurrency to invest on because it is good as a store of value. It will definitely become a real gem in the future.
 
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

The competition between gold and bitcoin shall last forever. However, I believe that the overall market value of gold and bitcoin depends on various factors that could determine which commodity could prove to be more profitable in the end. One such kind of big factor is the demand of the asset in the market.
 

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