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Author Topic: Is gold better than Bitcoin?  (Read 42161 times)
arwin100
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May 16, 2016, 02:29:37 PM
 #281

Bitcoin destroys gold in every aspect possible. It is more easy to use and move around, it can be encrypted, it can be sent all over the world instantly.. you can't do shit nothing with your gold, other than hiding it in your closet and hope no one finds it. The only thing gold has is epic network effect, that's all. Other than that, it's trash.

No i dont think its slowly killed gold because in basic instance if you want long term investment you go for gold and surely the market price value of gold will make go up higher for years pass because for its preciousness while in bitcoin is just showet term investment because we dont really knew what will happen to it in future many aspect of bitcoin cam affects its price and its unstable anybody can kill its price by dumping their big amount of btc.

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May 16, 2016, 02:32:57 PM
 #282

If you just want to keep something other than fiat that is stable, then gold is better. If you want to make some money and you are willing to take some risk, then Bitcoin is better.

Yeah choose according to your needs if you want to make quick profits then invest in bitcoin and if you want to play safe then gold is the best option.
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May 16, 2016, 03:08:30 PM
 #283

I think nowadays we need both gold and Bitcoin, although gold is till now more stable than Bitcoin but Bitcoin's price is promising too especially we expect that it will increase highly after the next halving.

At a moment I think investing in bitcoin is good option, everyone is expecting higher price at the time of halving so we need to grab this opportunity in best possible way.
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May 16, 2016, 03:09:46 PM
 #284

Gold and Bitcoin both have promising future and trading them could be profitable in long term run. Personally i trade Bitcoin but trading gold is profitable too in my opinion.
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May 17, 2016, 03:42:04 AM
 #285

Gold and Bitcoin both have promising future and trading them could be profitable in long term run. Personally i trade Bitcoin but trading gold is profitable too in my opinion.
Gold and Bitcoin both profitable in future and trading them in long term could be profitable. Bitcoin trading is more profitable than gold because gold price is stable. Bitcoin price will rise or down at anytime so it is profitable than gold. But Gold is good for long-long term because gold have physical appearance what if bitcoin will gone. It is the safest than bitcoin.

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May 17, 2016, 05:19:34 AM
 #286

Bitcoin destroys gold in every aspect possible. It is more easy to use and move around, it can be encrypted, it can be sent all over the world instantly.. you can't do shit nothing with your gold, other than hiding it in your closet and hope no one finds it. The only thing gold has is epic network effect, that's all. Other than that, it's trash.
But bitcoin is very much just like what gold is. It has 'epic network effect' as well. I mean, if people don't see any value with bitcoin, then it's nothing to them. And with gold, most people don't actually hold the gold by hand, it's usually by certificates of ownership, e.g. stocks.

Anyway, of course bitcoin is better than gold since it's technologically dependent and can be improved overtime whereas gold is... well, gold.
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May 17, 2016, 11:23:52 PM
 #287

Nowdays a lot of people choosing gold cause of stability. Bitcoin have good perspective now but bitcoin is still unstable one.

Smart people will always choose bitocoin over gold as they are aware about the potential of bitcoin, and it can give them best returns in future.
I think people are choosing gold are people who are more concerned with security untunk investment in the appeal with a quick profit. I think everyone has a choice on his investment. actual bitcoin and gold are equally safe but bitcoin is more volatile it will look more frightening

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May 18, 2016, 05:13:43 AM
 #288

Nowdays a lot of people choosing gold cause of stability. Bitcoin have good perspective now but bitcoin is still unstable one.

Smart people will always choose bitocoin over gold as they are aware about the potential of bitcoin, and it can give them best returns in future.
I think people are choosing gold are people who are more concerned with security untunk investment in the appeal with a quick profit. I think everyone has a choice on his investment. actual bitcoin and gold are equally safe but bitcoin is more volatile it will look more frightening



well, if you are looking for higher profit then you have to also take higher risks. it is as they say with big risk come big reward.

also it is important that anybody who wants to make an investment, should be careful about their choices. for example choosing an investment means you should always check the price and have some stop loss mechanism.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 18, 2016, 05:25:31 AM
 #289

If you just want to keep something other than fiat that is stable, then gold is better. If you want to make some money and you are willing to take some risk, then Bitcoin is better.

Yeah choose according to your needs if you want to make quick profits then invest in bitcoin and if you want to play safe then gold is the best option.
Exactly, everyone has different ideas about what they want to do with their fiat. You need to decide for yourself.
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May 18, 2016, 06:05:31 AM
 #290

My opinion would be neutral. Gold has proven itself for centuries from generation to generation. And bitcoin is still new to the trend.
But with the help of technology bitcoin is getting more valued as the time goes by.

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Digital_Lord
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May 18, 2016, 06:29:13 AM
 #291

Gold and Bitcoin both have promising future and trading them could be profitable in long term run. Personally i trade Bitcoin but trading gold is profitable too in my opinion.

Bitcoin and Gold are both very profitable in trading.. Even gold is more profitable than bitcoin.. but the problem with gold is we need so much money to start trading with gold. and bitcoin don't need lots of money to start work. with bitcoin we can easily start trading bitcoin to altcoin only for 5 to 10$ dollar minimum. this is the beauty of bitcoin and this make bitcoin more useful for traders like me.

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tabas
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May 18, 2016, 06:41:52 AM
 #292

Gold and Bitcoin both have promising future and trading them could be profitable in long term run. Personally i trade Bitcoin but trading gold is profitable too in my opinion.

Bitcoin and Gold are both very profitable in trading.. Even gold is more profitable than bitcoin.. but the problem with gold is we need so much money to start trading with gold. and bitcoin don't need lots of money to start work. with bitcoin we can easily start trading bitcoin to altcoin only for 5 to 10$ dollar minimum. this is the beauty of bitcoin and this make bitcoin more useful for traders like me.


Many of us can't afford gold even though it is better than bitcoin but both of them have its own disadvantages and advantages.
But since we are in the digital era maybe bitcoin would be helpful if a person can't afford to have capital for gold.

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May 18, 2016, 07:13:54 AM
 #293

I think both gold and bitcoin are same and both are better. Gold and Bitcoin have a good price for each and many people use both gold and bitcoin too.

There is still a difference for each of the two. The value of gold is stable and will keep on rising.
Bitcoin is not that stable because sometimes that price is down, but as we can see it is very strong and getting more stronger when more stores adopted bitcoin as payment.
I think the gold price could also just go down the same as bitcoin. but the difference is the price movement. bitcoin which has a rapid price movements and gold is more stable. both have good prices? yeah it depends on one's perspective. if I think of course gold prices are too high Lol
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May 18, 2016, 07:17:01 AM
 #294

I think both gold and bitcoin are same and both are better. Gold and Bitcoin have a good price for each and many people use both gold and bitcoin too.

There is still a difference for each of the two. The value of gold is stable and will keep on rising.
Bitcoin is not that stable because sometimes that price is down, but as we can see it is very strong and getting more stronger when more stores adopted bitcoin as payment.
Gold will not keep increasing all the time as there basically is an endless supply of gold being mined year after year after year.

With Bitcoin you know the supply gets lower and lower throughout the years.

BSV is not the real Bcash. Bcash is the real Bcash.
BitcoinSupremo
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May 18, 2016, 07:20:22 AM
 #295

I think both gold and bitcoin are same and both are better. Gold and Bitcoin have a good price for each and many people use both gold and bitcoin too.

There is still a difference for each of the two. The value of gold is stable and will keep on rising.
Bitcoin is not that stable because sometimes that price is down, but as we can see it is very strong and getting more stronger when more stores adopted bitcoin as payment.
Gold will not keep increasing all the time as there basically is an endless supply of gold being mined year after year after year.

With Bitcoin you know the supply gets lower and lower throughout the years.

Yes gold is stabilized in price usually with not very much swings although it have had big swings in the past, now it seem stable the price. Bitcoin is heavily dependent on what happens in deepweb, if things go well for the darkweb marketplaces and they increase in number bitcoin will more valuable , especially after the halving, so in this aspect Bitcoin has more potential than Gold.
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May 18, 2016, 07:25:15 AM
 #296

If you just want to keep something other than fiat that is stable, then gold is better. If you want to make some money and you are willing to take some risk, then Bitcoin is better.
But gold also will give you but which is very low, compared to the returns we can get from bitcoin.
For the store of value both bitcoin and gold both are very good in my view. But definitely bitcoin will give us more returns in short term of holding itself.
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May 18, 2016, 07:39:30 AM
 #297

I can say everything has 2 face.

Gold is tangible liquid asset, we can sell the gold anywhere for financial assistance again that would be depend up gold rate, because day by day gold rates vary.
TO keep safe gold we need protection, we can't able to take gold each and every place with us, we have to go for some safes.

On the other side Bitcoin is a digital currency, the digital currency is with us always in internet. we can able to transfer the money to anywhere at any time.
Yes as it is intangible so there is some negative points are there like at current we can't able to buy or invest each and every place.But i hope very soon bitcoin will work everywhere.


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May 18, 2016, 07:54:41 AM
 #298

Gold and Bitcoin are different in many respects. Gold is physical, Bitcoin is digital..Gold relies on banks for safekeeping and payments, Bitcoin is stored on a computer and tracks payments with a distributed, public ledger. Gold is vulnerable to robbers, while Bitcoin is vulnerable to hackers. The list goes on and on.I think both are better in their place...This question does not have an easy answer.
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May 18, 2016, 08:38:30 AM
 #299

I think both gold and bitcoin are same and both are better. Gold and Bitcoin have a good price for each and many people use both gold and bitcoin too.

There is still a difference for each of the two. The value of gold is stable and will keep on rising.
Bitcoin is not that stable because sometimes that price is down, but as we can see it is very strong and getting more stronger when more stores adopted bitcoin as payment.
Gold is not that better than Bitcoin and that is because you also see that Bitcoin is getting more used and more popular so that is perfect for the Bitcoin itself so that is nice.
But the bad thing of gold is that you cant use it online and that is bad because the world is also getting more digital.
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May 18, 2016, 09:12:26 AM
 #300

I think both gold and bitcoin are same and both are better. Gold and Bitcoin have a good price for each and many people use both gold and bitcoin too.
Yes, both gold and bitcoin are better but between these two, bitcoin is much better choice. That is the reason I'm saving more bitcoins than the investment into gold.
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