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Author Topic: Is gold better than Bitcoin?  (Read 42088 times)
uige2016
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October 11, 2016, 12:26:42 PM
 #721

No, Bitcoin is better than gold
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greBit
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October 11, 2016, 12:29:22 PM
 #722

If you compare the profits that you can make from both of them in long  run then I think bitcoin holds upper hand over gold as bitcoin price can go beyond our imagination in future but gold won't exceed after a certain level.
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October 11, 2016, 12:37:24 PM
 #723

If you compare the profits that you can make from both of them in long  run then I think bitcoin holds upper hand over gold as bitcoin price can go beyond our imagination in future but gold won't exceed after a certain level.

Bitcoin give you more profit in small period of time
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October 11, 2016, 12:41:22 PM
 #724

If you compare the profits that you can make from both of them in long  run then I think bitcoin holds upper hand over gold as bitcoin price can go beyond our imagination in future but gold won't exceed after a certain level.

Yes the price of gold will get saturated after certain level and it will be hard to expect higher price from it after that level and if you can afford to take higher risk then bitcoin is an solution.
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October 11, 2016, 12:50:00 PM
 #725

Gold is older and more trusted than bitcoins
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October 11, 2016, 01:54:42 PM
 #726

Gold is older and more trusted than bitcoins

Even though gold is more trusted and older than bitcoins. We can see that bitcoin is going to be just like gold and this is a good alternative for all the people that are not able to invest with gold. And for me bitcoin is better than gold because I'm not a gold enthusiast so I will going to choose bitcoin in all aspects of investments.

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DuckKeeper
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October 11, 2016, 02:02:13 PM
 #727

We are not comparing the practical application or use of gold... because even there, Bitcoin kicks ass. How much will it cost you to transfer say $ 1 000 000 000 worth of gold to another person anywhere

in the world. { The security and the physical transport } compared to how much the same value transfer will be if you use Bitcoin. If you do a paper transfer or a digital transfer, it would be much faster,

but, where are that gold? It is not your property until you took ownership of it. Can you walk up to these institutions and ask for your physical gold bars? The answer is NO. We have seen previous

occasions where private ownership of gold were banned too... So nothing is really safe, against any form of government control.  Roll Eyes
I dont think that would happen because gold will never be better than the bitcoin becausse the bitcoin is here for an other reason than the gold
ever will be in this world for sure.
marcuslong
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October 11, 2016, 02:12:19 PM
 #728

Well in my opinion about gold and bitcoin -bitcoin is really good source of income every day every week every month of course if you are in signature campaign because you can really make profit there for free and you dont need any capital to start earning but in gold it is one time earning only not like bitcoin.
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October 11, 2016, 02:22:18 PM
 #729

A lot of people seem to think gold is the answer to all our problems. Every time the economy takes a turn for the worst, people turn to gold. {They invest in gold to hedge against these problems} If you

do not buy physical gold items/ornaments/jewelry/gold bars ... you still have ZERO protection against anything. It is just a piece of paper and a ledger entry on a private database. People seem to think

that there are tons of gold stored in secret vaults under government buildings. Is this true? https://www.youtube.com/watch?v=gZcRk7UClO4 { There are no proof of this and audits in the USA are about

60 years old. } You have the only entry to your investment, when you invest in Bitcoin. { The private key } The proof that it exist, is on a public blockchain....  Wink
the only thing make gold better than bitcoin is phisycal and gold can shaped in any jewelry,its easy and happy to have investement and also can wear that investement,so we can get two benefit,invest and jewelry.
I dont think that gold is better than bitcoins and other wise becuase they are both here in the world to make things easier so i dont undrstand that people
dont like gold or dont like bitcoin.
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October 11, 2016, 02:40:06 PM
 #730

Gold is older and more trusted than bitcoins
Yeah we all know that gold is a great investment thing, but imo bitcoin is better than gold, because bitcoin can be used as a currency beside as an investment thing. Also with blockchain technology, we can send our bitcoin to people from other country easily. But since not every people know bitcoin, gold still become favorite investment until now.

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sunsilk
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October 11, 2016, 02:48:54 PM
 #731

Well in my opinion about gold and bitcoin -bitcoin is really good source of income every day every week every month of course if you are in signature campaign because you can really make profit there for free and you dont need any capital to start earning but in gold it is one time earning only not like bitcoin.

For me gold is going to be the best for it has been proven throughout the years. But we are in the new generation where technology conquers.

And with bitcoin this is going to be a good way to start with the new generation and new trend that is going to be liked by majority who are going to use it.

Gold is expensive , bitcoin is cheaper any amount will do for investing there.

stromma44
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October 11, 2016, 02:56:38 PM
 #732

Gold is older and more trusted than bitcoins
Yeah we all know that gold is a great investment thing, but imo bitcoin is better than gold, because bitcoin can be used as a currency beside as an investment thing. Also with blockchain technology, we can send our bitcoin to people from other country easily. But since not every people know bitcoin, gold still become favorite investment until now.

People who are not aware about the bitcoins and the traditional thinkers will always choose to invest in gold as gold exist since long time and that is the reason they have more faith in it.
Frank Alister
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October 11, 2016, 03:25:00 PM
 #733

Gold is a metal, and like all metals, and so it does not easily lose its value. BTC can be a safe way to buy and sell almost anything, but we are unable to know if we can use it in time of war or something. That's why it is advisable to have both, if something unexpected occurs.
StoreBit
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October 11, 2016, 08:50:25 PM
 #734

in one sense it right that gold is better than bitcoin as gold is too stable than bitcoin, but on other side we can see that bitcoin is more better than gold as there is a big fluctuation in the price of bitcoin and we can really make a good profit by investing in bitcoin.
Doamader
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October 11, 2016, 09:38:19 PM
 #735

Well i dont like gold, besides too may rules and restrictions they have to use and buy it, i cant earn it for free, doing some small tasks, at bitcoin im able to earn small ammounts for free. If i had 10000 dollars to invest i would invest into crypto world, maybe not bitcoin directly, maybe some altcoin would get those investement, gold had countries control.
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October 11, 2016, 09:41:59 PM
 #736

If you compare the profits that you can make from both of them in long  run then I think bitcoin holds upper hand over gold as bitcoin price can go beyond our imagination in future but gold won't exceed after a certain level.
yeah of course, to issue profit I would be in favor of bitcoin, because with very little capital even if you can invest in bitcoin and you are most likely to benefit greatly in a short time anyway
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October 11, 2016, 09:50:27 PM
 #737

If you compare the profits that you can make from both of them in long  run then I think bitcoin holds upper hand over gold as bitcoin price can go beyond our imagination in future but gold won't exceed after a certain level.
yeah of course, to issue profit I would be in favor of bitcoin, because with very little capital even if you can invest in bitcoin and you are most likely to benefit greatly in a short time anyway



Well, all you need is some $150 (maybe less) to buy a 1/10th oz American Gold Eagle.

Bitcoin is a better speculation ("greater alpha").

Gold is better for preserving wealth ("Store of Value").

Since they have SOME differing characteristics, owning both is good diversification.

*   *   *

A machine gun would count as good diversification too...   Smiley
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October 12, 2016, 02:35:19 AM
 #738

Both is good to invest a money, but the only thing is if you afford to invest in gold? not all people can afford that because even a piece of gold is too expensive that is why more users here is focus in bitcoin.
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October 12, 2016, 05:08:37 AM
 #739

Both is good to invest a money, but the only thing is if you afford to invest in gold? not all people can afford that because even a piece of gold is too expensive that is why more users here is focus in bitcoin.
Yeah gold is so expensive. For people who only have small amount of money they should to invest their money in bitcoin. Although only $1 the amount will grow in the future. But they have to be carefull with scams.

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drwtsn32
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October 12, 2016, 05:28:34 AM
 #740

Both is good to invest a money, but the only thing is if you afford to invest in gold? not all people can afford that because even a piece of gold is too expensive that is why more users here is focus in bitcoin.

Exactly. Because bitcoin can be broken down into small chunks up to the satoshi unit.
That's why even people with no startup money can climb their way up and invest.
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