Jump to content

Search the Community

Showing results for tags 'bitcoinvgold'.



More search options

  • Search By Tags

    Type tags separated by commas.
  • Search By Author

Content Type


Forums

  • Announcements
    • Site Announcements
    • Raffles
    • Forum Related Help & Support
    • Request
  • Bitcoin
    • News
    • Bitcoin Discussion
    • Giveaways
  • Ethereum
    • News
    • Ethereum Discussion
    • Tokens
    • Giveaways
  • AltCoins
    • News
    • Altcoin Discussion
    • Altcoin Announcments
    • Giveaways
  • General
    • General Discussion
  • Other Languages
    • français
    • العربية
    • español
    • Vietnamese
  • Market Place
    • Auctions
    • Services
    • Development
    • Finances
    • Goods
    • Gambling/Betting
    • Investments?
  • Groups

Product Groups

There are no results to display.

Categories

  • Uncategorized
  • Bitcoin
  • Altcoins

Blogs

  • SUSTAINCOIN
  • Forex Trading
  • MoneyTechnology. On the way to ICO
  • Teknologi Terbaru Dari Obsidian
  • The Coin Banks
  • Coinpedia
  • Cryptocurrency updates, news and info
  • Oceanlab ICO
  • Cryptocurrency Latest News
  • ARlapuz
  • ICO Daily
  • MCX Coin
  • Regalcoin Lending
  • Cryptocurrency news
  • What is Bitcoin?
  • Airfio
  • Digital Currency Awareness for Newbies
  • ElmuCrypto
  • Coin Pioneer - explore the world of cryptocoins
  • CRYPTOMARK: THE ADVENT CRYPTO AIRDROP
  • Santacoin In Crypto World
  • Free Registration
  • Bitcoin Top
  • MINE BITCOINS TODAY
  • Leesadaisy
  • Leesadaisy
  • Where to get a pre-designed cryptocurrency investment business Website ? Copy of Copy of Pulsehyip.png Want to start a cryptocurrency business platform like bitconnect which has generating high revenue every year without meeting any loss ? You may think, Starting a cryptocurrency investment business website is much difficult nowadays. But actually it’s not! Yes, Don’t get worry, here the Pre-designed cryptpocurrency investment business model with the customization option. PULSEHYIP  —  PRE-DESIGNED CRYPTOCURRENCY INVESTMENT BUSINESS SERVICE PROVIDER Pulsehyip offers a cryptocurrency investment business software to get your pre-designed cryptocurrency investment website with latest features and special cryptocurrency business add-ons like exchange, trading, lending, ICO business, digital token investment business. Simply saying, if you build your cryptocurrency investment business website with pulsehyip cryptocurrency investment software, then your investment website is resamples of bitconnect website. Benefits of buying a cryptocurrency investment business model with support of pulsehyip 1.Easy to use, user friendly, ready to install 2. Free demonstration while configuring the cryptocurrency investment business model 3. Support for the problems that you might have with the cryptocurrency investment business software 4. Implementing extra features and add-ons that you may need to add in your cryptocurrency investment business model 5. Customizing new templates or make design changes to your cryptocurrency business software Get free demo link Advertisements Occasionally, some of your visitors may see an advertisement here You can hide these ads completely by upgrading to one of our paid plans. UPGRADE NOW DISMISS MESSAGE Share this: Press ThisTwitterFacebook1GoogleEmailLinkedIn1TumblrPinterestPocketTelegramWhatsAppSkype Related How HYIP bitcoin investment business script works for P2P exchange business success ? In "Best HYIP Script" Cryptocurrency investment business software will make you top business man in cryptocurrency investment business industry In "Best HYIP Script" What cryptocurrency investment business startup do to avoid scamming and hacking ? In "Best HYIP Script" BEST HYIP SCRIPT BITCOIN DOUBLER SOFTWARE BITCOIN HYIP SCRIPT BUSINESS HYIP SCRIPT CRYPTOCURRENCY BANKING BUSINESS SOLUTION CRYPTOCURRENCY INVESTMENT BUSINESS CRYPTOCURRENCY INVESTMENT BUSINESS SCRIPT CRYPTOCURRENCY INVESTMENT SOFTWARE HYIP SCRIPT HYIP SOFTWARE ICO BUSINESS INVESTMENT INVESTMENT BUSINESS SCRIPT#BITCOIN#ENTREPRENEURS#STARTUPSBITCOIN HYIPBLOCKCHAINBUSINESSBUSINESS IDEASBUSINESS SOLUTIONCRYPTOCURRENCYDIGITALTOKENFINTECHHYIPICOINVESTMENTSCRIPTSTARTUP Published by pulsehyip Pulsehyip script provides complete high-secured HYIP investment business solutions on bitcoin, altcoin, other cryptocurrencies. it can be used as bitcoin doubler script. View all posts by pulsehyip Post navigation Previous Improve your cryptocurrency investment business platform By getting Cryptocurrency exchange business add-on – The new Innovations are arriving Leave a Reply Enter your comment here... About Pulsehyip Pulsehyip, which allows you to start investment & finance business applications. You can use HYIP script to bitcoin, altcoin & new cryptocurrencies.Visit on Website Pulsehyip.com Customize Edit Stats Skip to toolbar My Site Current site avatar Pulsehyip pulsehyip.wordpress.com Stats Stats Plan Free Manage Site Pages Add Blog Posts Add Media Add Comments Personalize Themes Customize Configure Sharing People Add Plugins Domains Add Settings + ADD NEW WORDPRESS Reader Streams Followed Sites Manage Conversations Discover Search My Likes pulsehyip @pulsehyip Sign Out Profile My Profile Account Settings Manage Purchases Security Notifications Special Get Apps Next Steps Help Write Log Out
  • Memetic coin (MEME) master node with no Linux knowledge
  • FORTY SEVEN BANK CONNECTING FINANCIAL WORLDS
  • Leesadaisy
  • CRYPTOCURRENCY INVESTMENT SOFTWARE AS KING OF INVESTMENT BUSINESS MODEL !
  • Earn Cryptocurrency FOR FREE!
  • cryptography
  • ICO TOP 5 of the Week edition!
  • Crypterblog
  • Good examples of nice ICOs
  • Cryptocurrency Promotion
  • List Op Top Telegram Channel & Group provide Free Crypto Signals Trading BOT
  • HELBIZ: DECENTRALIZING THE TRANSPORTATOIN INDUSTRY
  • ROI-driven utility for your ICO
  • BoutsPro Rewards Players for Excelling in Karate
  • Boutspro Rewards Players for Excelling in Karate
  • CryptoMax Blog
  • [Socialmedia.market]IN A NEW WORLD, NOT EVEN STANDING STILL … !!!
  • Thinking of launching an ICO?
  • Bitcoin banking business website
  • .Calibrate your “ICO” by employing “ICO PR” for a heightened “FUNDRAISING”
  • [ANN][PRESALE] BITNATION - The Internet of Sovereignty
  • CARDSTACK - A DECENTRALIZED SOFTWARE ECOSYSTEM
  • THE ABYSS – THE MOST POTENTIAL PLATFORM BASED ON DAICO IN GAME INDUSTRY
  • EQUITYBASE - THE UNIQUE PLATFORM ALLOWS REAL ESTATE INVESTMENT FROM $1
  • Crypto Cashback Rebate - Cryptos Are Rewarding - First Cashback & Rebate Portal For Cryptocurrency Community
  • Equitybase - Securities Token Exchange Ecosystem
  • How to choose the best cryptocurrency development company
  • ICO LocalCoinSwap
  • MoneyToken ICO
  • QuarkChain - A high-capacity peer-to-peer transactional system
  • QUARKCHAIN – A NEW GENERATION OF BLOCKCHAIN TECHNOLOGY
  • LocalCoinSwap – THE EXCELLENT PRODUCT IN THE TRANSFERRING SYSTEM
  • BRICKBLOCK – ĐƯA ĐỒNG TIỀN ẢO VÀO THẾ GIỚI THỰC
  • Что такое Youtube Bounty продажи XRD Token?
  • adekunleoyediran
  • POLENG
  • ICOReview
  • Hi: Health Blockchain Platform; Findings of the Human Body Continuously.
  • AllOfAboutNewProjectHot
  • Keplertek Token: The Platform For Next Generation Ai Robot Based On Eth Blockchain For Crowdfunding
  • MISERICORDAE PROJECT
  • boonie promoter
  • MoneyToken is the answer to Crypto-Assets backed Smart Loans
  • hawrepius
  • diepdoreviewallctytohot
  • KURECOIN: A decentralized cryptocurrency built with proof of stake algorithm (PoS)
  • Decentralized Bitcoin Exchange Script | Bitcoin Investment Script
  • ICO POTENTIAL
  • Readymade cryptocurrency exchange script is the choice
  • NEXTY: ENABLING ZERO CRYPTOCURRENCY TRANSFER FEE https://nexty.io/faq.html
  • ⭐[Review 90/100]⭐ Elysian - Nền tảng hỗ trợ website thương mại điện tử
  • EtherInc ! Disrupting The Gambling Industries
  • cliffdex
  • IMPRESSIO: THE CRYPTOCURRENCY INVESTMENT PLATFORM
  • ZAN COIN: THE CURRENCY OF MOTIVATION https://zancoin.tech/
  • GLITZKOIN: Transforming the Diamond and Precious Stone Industry through Blockchain technology.
  • Magnus Collective: The Rave Of The Momemnt Via Automated Robotics And Artificial Intelligence .
  • Cryptocurrency creation Service for creating your new cryptocurrency
  • Ecoinomic - Decentralized Financial Accommodations Platform for the Crypto Community
  • SUBAJ Building Values Through New Collabs & Strategic Partnerships
  • Bitcoin Exchange Script
  • Global Pay Net là một nền tảng tài chính quốc tế dựa trên công nghệ Blockchain.
  • Review of Crypto Projects
  • ICO Reviewer
  • Bitcoin, Cryptocurrency and Blockchain News !
  • ReviewICOHOTNEWS
  • BayanToken The Rave Of The Moment
  • Sparkster - Nền tảng ứng dụng thế hệ mới
  • Expected Trading Features From Upcoming Cryptocurrency Exchanges
  • KryptoBits! Banking Without Bank Via Blockchain Technology.
  • ICO Reviewer
  • StreamPay! The Innovative Payment And Monitoring System Via Blockchain
  • Decentralized Exchange Script Software
  • Decentralized Exchange Script Software
  • Decentralized Exchange Script Software
  • Social Network Platform For the Rising Generation Powered By Buzcoin Via Blockchain
  • THE RAVE OF THE MOMENT SUNX (XNS) TRADING PLATFORM VIA BLOCKCHAIN TECHNOLOGY.
  • REVOLUTIONIZING THE INTERNET WITH ONLINE.IO
  • ruiec_xujie
  • ONLINE.IO: CLEANER AND SAFER INTERNET ECOSYSTEM
  • Treon : A Step towards Hassle Free utility bill payment
  • TOURISM INDUSTRY INTERRUPTED AS POWERED BY WISEPASS VIA BLOCKCHAIN TECHNOLOGY.
  • Swachhcoin - Your recycled garbage will make you money - #ICO Hot
  • Online.io: Making the Internet safe for all using Blockchain Technology
  • Treon: Revolutionizing Utility Payment Process
  • WPPENERGY: SOLVING THE WORLD ENERGY PROBLEM
  • treon
  • Why You Should Know And Never to Miss SWACHHCOIN
  • Innovative Distributed Credit Chain Powered Through Blockchain.
  • TOP BLOG REVIEW
  • TUTA REIVEW ICO
  • Cryptocurrency & Blockchain business solutions
  • BIRAKE
  • BIRAKE
  • INGOT COIN: BRIDGING THE GAP BETWEEN CRYPTOCURRENCY AND FIAT CURRENCY
  • foxcryptonews
  • Inscoin ! The Rave Of The Moment
  • INGOT COIN: Creating an enabling environment for cryptocurrency and traditional market to thrive
  • CHANGENOW: LIMITLESS CRYPTOCURRENCY EXCHANGE
  • DatEat, Innovative Dating Platform Powered By Blockchain Technology And Artificial Intelligence
  • Innovative Cryptograin Powered By Blockchain Technology
  • What is SwachhCoin Project 2018
  • All Crypto Talk
  • Innovative Yocoin Powered By Blockchain technology.
  • SGAME PRO: Taking Gaming Experience To A New Level
  • SGAME PRO: Revolutionizing Gaming Industry
  • Innovation Of Our Time On Agriculture Powered By Pavo
  • What is Smarter Than Crypto Project?
  • ALPHATECA
  • Innovative RipaEx For Extra Ordinary Trading Experience Powered By Blockchain Tech.
  • https://steemit.com/crypto/@rumex/bringing-the-internet-to-the-ordinary-man-is-real-powered-by-share-internet-data-sid
  • ORBIS: Taking Money Transfer to the Next Level
  • MEMORITY: Revolutionizing Cloud Storage
  • OAX DISRUPTION OF DECENTRALIZED EXCHANGE FOR CRYPTOCURRENCY ECOSYSTEM.
  • Hospitality Industries And Logistics Handling To The Next Level Powered By TriipMiles Via Blockchain
  • INTERNET ACCESS AVAILABILITY TO THE HINTERLAND MADE POSSIBLE POWERED BY OPP OPEN WI-FI.
  • The Rave Of The moment GeoManna Platform For Ultimate Deals Powered By Blockchain Technology.
  • https://steemit.com/crypto/@rumex/rubius-blockchain-the-innovation-of-our-time
  • ETHEREUM LIMITED: The Future of Smart Contract
  • MEMORITY: A More Secure Cloud Storage PlatformMEMORITY: A More Secure Cloud Storage Platform
  • PAYPERBLOCK ! MOVING FREELANCING TO THE NEXT LEVEL POWERED BY BLOCKCHAIN TECHNOLOGY.
  • ICO HOT REVIEW
  • Cryptoocean The Innovation That Merges Cryptocurrency & Fiat Backed By Blockchain Technology.
  • HUMANCOIN: Amalgamating Three Strong Industries
  • ETHEREUM LIMITED: Smart Contract at its Best
  • Security Token Offering – The Next Trend Setter
  • BUGLAB: Cyber Security at its Best
  • Cryptocurrency exchange website clone script review
  • BIRAKE
  • GAME LOOT NETWORK_Converting video game playing time to earnings
  • WECHAIN NETWORK REVIEW (PART 2)
  • CRYPTOSOUK: Better Exchange for the Middle East
  • Innovative Blockonomics Moving Your Sales To Another Level.
  • The Magnificent App For The Rising Generation Powered By Lipchain
  • PAYGINE: Transforming traditional banking to Crypto services https://www.paygine.com/
  • PAYGINE: Open Financial Blockchain Platform
  • “Humbyl coin”https://humbyl.io/ A decentralized fantasy sports token
  • RIPAEX: AN HYBRID DECENTRALIZED EXCHANGER
  • Leading transformation of pan-regalement industry Powered By Apollon
  • Solarex Alternative Electricity Sources For Cleaner Environment Powered By Blockchain Technology
  • Omnity: A platform for professional researcher development https://www.omnity.io/
  • Omnity: A platform for professional researcher development https://www.omnity.io/
  • AliveCasino
  • Loyalty Token Taken To The Next Level Powered By QiiBee Via Blockchain Technology
  • Contractium! Decentralized software that based on Ethereum smart contract;https://ico.contractium.io/
  • It gets better and better with “SIDERA” blockchain technologies
  • KuBitX: Crypto Exchange with a Better Customer Support
  • Bitcoin Exchange Script
  • ICO Script
  • Introducing ZODIAQ blockchain system (a financial blockchain platform)
  • “CEWNOTE”, news platform, solving mature issues in modern news industries
  • Ruby –x: A new level global cryptocurrency exchange platform https://ruby-x.io/
  • BRAVO: THE NEW GENERATION MOBILE FIAT PAYMENT PLATFORM POWERED BY DECENTRALIZED BLOCKCHAIN TECHNOLOGY. http://bvo.trybravo.com
  • ALIGATO: Making E-commerce Safer
  • ALIGATO: A Better Ecommerce
  • ALIGATO: Newest Innovation in the E-commer Business
  • ALIGATO REVIEW
  • THE BEST ICO OF 2018
  • ALIGATOCOIN: A NEW DIMENSION OF E-COMMERCE
  • KUBITX: Crypto Exchange at its Best
  • KUBITX: Improved Crypto Exchange
  • KUBITX: Excellent Crypto Exchange
  • INGOTCOIN: Bank with a Difference
  • INGOTCOIN: Revolutionizing Crytocurrency Market
  • ETHEREUM LIMITED: For Wider Adoption of Smart COntract
  • ETHEREUM LIMITED: Mass Adoption of Smart Contract
  • Review ICO: Sidera Project
  • Jamboo30
  • GidCoin the world first cryptocurrency,backed by diamonds and gold
  • The “oodlebit” cryptocurrency exchange
  • ICO Reviews
  • Arbitao
  • DEALJOY: Innovative Cash Back Process
  • DEALJOY: A Better Way to Cash Back
  • DEALJOY: A Revolutionary Cash Back System
  • DEALJOY: Better Way to Cash Back
  • Neluns: Revolutionary Financial SYstem
  • WPP ENERGY: Clean Energy Generation
  • QUANTUM PAY: Decentralized Banker Engine
  • SIDERA: Secure Payment Wearable Device
  • BX.BET: Revolutionizing the Betting Industry
  • BX.BET: Revolutionary Betting System
  • Bezant™ - A decentralized payment platform enabling the creation of robust applications and services
  • Cloudbric - Nền tảng bảo mật phân cấp, giúp bảo vệ thông tin cá nhân và tài sản mã hóa
  • HiBTC- cuộc cách mạng của sàn giao dịch thế hệ mới
  • CrypKart - Cuộc cách mạng của sàn giao dịch thương mại tiền điện tử
  • BITHEMOTH EXCHANGE: Improved cryptoexchange
  • Bithemoth Exchange
  • BITHEMOTH EXCHANGE: Review
  • ALLSPORTER PLATFORM: Review
  • ALLSPORTER: REVIEW
  • FXPay - Decentralized Charge Gateway
  • FXPAY: Review
  • FORESTING: Improved Social Media
  • FORESTING: Taking Social Media to the Next Level
  • FORESTING: Revolutionizing Social Media
  • FORESTING: A Better Social Media
  • POOL OF STAKE: Tính năng và lợi thế
  • ALIVE CASINO: Better Gambling Experience
  • Forex Analysis
  • KOALA’S LIFE (AKA KALC ICO): TIME TO RESTRUCTURE YOUR CREDIT LIFESTYLE WITH BLOCKCHAIN.
  • Earn crypto on dealjoy by shopping online
  • ICO NEWS WEEKLY
  • Cindx ! The Golden Crypto Trading Platform Powered By Blockchain Technology
  • Certified Broadcast Networking Technologist (CBNT)
  • Making The Best Out Of Your Corporate Advertising Effort Then Think Of KRIOS
  • Initiate your bitcoin exchange website with the help of coinjoker
  • Live it. Love it… its “cryptov8” (bringing banking to block-chain)
  • Want free cryptocurrency? 'ICO Airdrops' is coming
  • Introducing “Everest” ecosystem, the platform of new economy
  • Improving healthcare, reducing costs and saving lives with “curaizon” ecosystem;
  • ASOBI COIN: Mobile Game at it's Best
  • ASOBI COIN: Improved Digital Content Market
  • Which software provides the best and the most transparent trading service?
  • ICOVO: Breath of Fresh Air in Crypto Ecosystem
  • ICOVO: Revolutionizing ICO process
  • ICOVO: Protecting Investors by Implementing DIACO
  • swace.io : The New Generation Social Media Gaming Platform
  • BITCOINBING THE CRYPTO EXCHANGE WITH A VISION
  • Những giải đáp chi tiết về hệ sinh thái Token ARAW
  • Are there companies that help with initial coin offerings?
  • Trading Cryptocurrencies With Your Own Local Currency With FNX
  • REGULUS EXCHANGE
  • Humancoin - một nền tảng mới
  • Cryptocurrency Mining Revolution - SWISS ALPS MINING!
  • Hệ sinh thái với giao thức thanh toán phi tập trung ARAW
  • Ekosistem Esports
  • BitcoinBing - Crypto exchange
  • Cryptocurrency Exchange
  • Review Financex
  • LOLIGO: Improved ICO safety
  • LOLIGO: ICO Sefty
  • LOLIGO: Safty Ecosystem for ICO
  • LOLIGO: Improved ICO Safty Ecosystem
  • GYM LEDGER: First Hand Band Integrated with Wallet
  • GYM LEDGER: Unique Health Hand Band
  • GYM LEDGER: First Hand Band with Hardware Wallet
  • GYM LEDGER: Make Money while Keeping Fit
  • COINOLIX EXCHANGE: An Exchange with a Difference
  • LYNKED WORLD: Making Our Data safer online
  • LYNKED WORLD: Safe Platform for Managing Data.
  • Feelium Coin
  • ARROUND: Advertisement With Augmented Reality
  • GOeureka, SHAPING THE FUTURE OF ONLINE TRAVEL AGENCY
  • ARROUND : Advertising Using Augmented Reality Based on Blockchain
  • ARROUND: Decentralized Advertisement Using Augmented Reality
  • ARROUND: Improved Advertisement with Augmented Reality
  • ORBIS: Making Money Transfer Easier
  • ORBIS: Revolutionizing Money Transfer
  • ORBIS: Chnaging the World of Money Transfer
  • ORBIS: Money Transfer at it’s Best
  • TOPEX: Multifunctional Exchange
  • Araw - Chi tiết về quá trình bán ICO
  • GOEUREKA: New Generation Hotel Booking
  • GOEUREKA: Improved Hotel Booking
  • RENDER IT COIN: The Future is Here
  • RENDER IT COIN: The Future of Mining
  • RENDER IT COIN
  • NEIRONIX: An Independent Rating Agency
  • NEIRONIX: Rating Agency for ICO, Echange and Coin
  • NEIRONIX: Reducing the Risk of Investing
  • NEIRONIX: ICO Project, Coin and Exchange Rating Independent Agency
  • Blockchain In Telecom
  • Stoby ICo The 1st Student Job Platform
  • LIPCHAIN- UNITING THE GLOBAL SURFING COMMUNITY
  • The blockchain oriented news platform: XNEWS
  • Arround World’s First Decentralized Advertising Solution in Augmented Reality.
  • HUBRISONE: THE WORLD’S FIRST CRYPTOCURRENCY FRIENDLY DIGITAL BANK https://www.hubrisone.com/
  • Invest With Extremium Exchange And Trade With Confident
  • Cryptodice and Dappsite ETH Giveaway!
  • HYIP Script Software
  • Points of considering before choosing the best ICO software development company
  • Decentralized Exchange Script
  • Localcoinswap
  • reviewico
  • Cryptov
  • IoT App Development Company
  • Crypto App Factory-Cryptocurrency MLM Software
  • Crypto Talk
  • cryptolover
  • CryptoTalk
  • This is what a crypto bloodbath looks like
  • IOVO PLATFORM ENHANCEMENTS
  • Kinza Crypto
  • aboutcrypto
  • StanGy
  • Coinbooms investment
  • Essay Writing Tips&Help
  • SEO and App promotion Tips
  • TopSlotMachines
  • Annexia
  • VANTA: Revolutionizing Networking Operations Using Blockchain
  • Crypto King
  • Get Live News Updates- Global Crypto News
  • Launch your own ICO token sale platform?
  • Blockchain Development Company
  • Cryptocurrency and Blockchain Related Blogs
  • Blockchain Solutions
  • WTXHUB Platform
  • Alawode Oluwasanmi
  • Betking.io Moderator and investor and Affiliate business
  • Betking.io Moderator and investor and Affiliate business
  • Betking.io Moderator and investor and Affiliate business

Categories

  • Ethereum
  • Amazon Gift Cards
  • Token
  • Coins

Find results in...

Find results that contain...


Date Created

  • Start

    End


Last Updated

  • Start

    End


Filter by number of...

Joined

  • Start

    End


Group


Website URL


Jabber


Skype


Location:


Interests


Wallet Address:


Biography


Location


Interests


Occupation

Found 1 result

  1. For more news latest update on Cryptocurrencies & Bitmex Crypto Trading signals & Bitmex auto Trading Bot join below given Telegram channel Visit - https://t.me/freebitmexsignals Imagine that you have $100,000 at your disposal. You must spend all of it on either bitcoin or gold – no mixing and matching – and the assets will then be stored in a trust that cannot be accessed again for 50 years. Which option would you choose? With the two commodities now in roughly the same price range, it’s worth putting aside some of bitcoin’s short-term volatility and liquidity concerns to compare them as long-term stores of value side by side. Sure, you might argue bitcoin is newer and flashier, and that it has arguably more utility in the digital era than gold. But, gold has the indisputable track record, having been a cherished store of value for thousands of years across human civilizations. However, bitcoin’s traits have led to those backing the cryptocurrency to believe it could potentially unseat gold over the long haul. Spencer Bogart, an analyst with Blockchain Capital and formerly of Needham & Company, told CoinDesk: “If we think about the qualities that make gold a respected ‘money’ or store of value, bitcoin is actually superior in many regards.” Inflation vs deflation Another key advantage bitcoin has over gold is that its supply level is fixed and transparent – eliminating fears of the typical inflationary pressures associated with overproduction that could diminish the value of the asset. “A well-known characteristic about bitcoin is that it’s on a disinflationary supply schedule. While many people think of gold as being the same, gold is actually a sneakily inflationary asset,” said Chris Burniske, blockchain products lead with ARK Investment Management. Burniske added that the global supply of gold has clandestinely increased by 1–2% annually over the last century. He continued: “If you were to ask people what gold’s supply schedule looks like over time, they probably wouldn’t draw you something that looks like an exponential curve. With gold being sneakily inflationary, it’s not set up to preserve value in the way that bitcoin is.” Such characteristics, in theory, serve to increase bitcoin’s future utility as a means of account, exchange and storing value. They also suggest that bitcoin’s value, usefulness and importance to society will only continue to grow as commerce becomes more digitized. “As more infrastructure is built around [bitcoin], we think that demand will rise relative to its mathematically metered supply, increasing its price support,” Burniske wrote in a recent white paper. Slow and steady The clear advantages that gold has over bitcoin are trust and reliability, according to those surveyed for this article. However, a change in consumer preferences, new technological disruption or a crackdown by a government could easily kick bitcoin to the end of the bench. “Gold has something very important that bitcoin lacks: a more than 1,000-year history of being a decent store of value. This is very important for trust and people’s willingness to store value in that particular asset,” said Bogart. Gold has also proven itself to be of value even when governments attempt to restrict its usage or outlaw it completely. This happened in 1933, when President Franklin D Roosevelt implemented measures to prohibit and criminalize its possession in the US. “For more than 5,000 years gold and silver have been tried-and-true money. They’ve lasted basically the duration of organized civilization,” said Dave Kranzler of Investment Research Dynamics. In this light, Kranzler was keen to highlight bitcoin’s ‘counterparty risk’. Gold’s advantage over bitcoin is that it’s not dependent on the operation of the internet, thus affording it a degree of protection from heavy-handed regimes, he said. “There’s nothing to stop any government from shutting down the internet in their country under the guise of national security purposes or what not,” he said, adding: “We’ve seen democracies come and go, but totalitarianism always seems to creep back in. And when that happens, the government controls everything.” Elemental value Gold has also proven itself immune to technological disruption. According to Burniske, while bitcoin has generated significant cultural cachet, it remains at the bleeding edge and could still be dethroned relatively easily. “That position is not necessarily going to remain the case if bitcoin is not able to attract new users and provide a happy medium in terms of user experience,” he said. Yet, as asset classes like Dutch tulips, Japanese real estate, dot-com companies and the US housing market have boomed and busted, gold has consistently plodded ahead, withstanding the test of time. “I don’t think anyone can say with any certainty that any man-made system is going to be valuable 50 years from now,” said Josh Crumb, co-founder of GoldMoney and a former commodities strategist at Goldman Sachs. He continued: “People forget that gold is not a pet rock or a speculative asset, it’s an element. Gold is a very low-risk store of value. Fifty years from now it’s going to still be valuable.” While investors like Cameron and Tyler Winklevoss have suggested that technological developments as far fetched as asteroid mining could eventually put upward pressure on the total supply of gold (and reduce its scarcity), Crumb reckons that technological creative destruction poses a much greater threat to bitcoin. “People have been trying to crack gold for 600 years. I think it’s much more likely that we’re going to have quantum computing that can change cryptography than asteroid mining that’s going to bring back loads of gold,” he said. Complementary or substitutionary? Perhaps asking whether bitcoin will ever unseat gold as the universal store of value isn’t quite appropriate, as it’s plausible that the two can, and will, co-exist as complementary assets. “I like bitcoin, particularly in the short-term, so it’s kind of like saying ‘Do you like gold or do you like investing in Facebook in 2011?'” said Crumb. “To me, it’s two totally different things.” As is standard practice across other realms of investing, the correct answer to the bitcoin versus gold question will ultimately be determined by the risk profile of each particular investor. “In terms of proper portfolio construction, you want to diversify. You want to have different types of assets that don’t necessarily move together,” said Burniske, concluding: “There’s always room for collaboration. It’s sensational to pit [bitcoin versus gold] as a fight to the death.”
×
×
  • Create New...