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Author Topic: Is gold better than Bitcoin?  (Read 42160 times)
dharkmadder
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September 30, 2016, 11:09:23 AM
 #521

I don't think gold is better than bitcoin as an investment if you consider the possible profit and the size of the market and ease to convert to cash, it's more established though therefore has higher trust and possibly low profit but low risk on long term.

ashiqdey
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September 30, 2016, 11:33:04 AM
 #522

I think comparing gold and bitcoin is worthless because bitcoin have its own importance and so is gold.
Gold's price is not fluctuating like bitcoin.
Gold cant be traded online.
Gold cant be stored in wallet.
Gold is not decentralized so why should we compare gold with bitcoin. Anyway bitcoin is far far better then gold because gold will remain as an asset but bitcoin could be our money earning source. I support bitcoin.
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October 01, 2016, 03:59:28 PM
 #523

I spoke to a business owner and investor. His opinion that physical gold should take priority over bitcoin because gold is formally recognised worldwide and it could be cashed out for hard currency anywhere and it could be used as collateral for banks

As for bitcoins, he should it should be part of your investment portfolio but gold should still take priority.

Key take away: An asset or item is valuable only if the banks recognise it.


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phieiph
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October 01, 2016, 06:41:14 PM
 #524

In any case, gold is better than bitcoin. This is my personal opinion and it is based on the fact that gold is a real stable currency which is appreciated for many centuries.
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October 01, 2016, 06:46:04 PM
 #525

I don't think that gold is better than Bitcoin. Considering that Bitcoin is digital and easily transferable, it has the same purpose than gold but also offers the possibility to use it as an everyday form of payment.
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October 01, 2016, 07:50:00 PM
 #526

Gold is a safer/less risky investment than bitcoin. However, I think bitcoin has more potential that gold as an investment. Higher risk, but higher reward potential.

 
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Junko
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October 01, 2016, 08:04:45 PM
 #527

I have never bought gold. I have only ever bought bitcoin and that is all I have (in addition to my 401k fund). So for me, bitcoin is better based on the fact I have no gold.  Tongue

Seriously though, at the time I first bought bitcoin, I did so because I I believed it had the most potential to increase in value. If I had instead bought gold, I would not have made close to the amount I have made with bitcoin.

Time will tell, but so far, bitcoin has been better for me.
richardsNY
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October 01, 2016, 08:07:47 PM
 #528

I have never bought gold. I have only ever bought bitcoin and that is all I have (in addition to my 401k fund). So for me, bitcoin is better based on the fact I have no gold.  Tongue

Seriously though, at the time I first bought bitcoin, I did so because I I believed it had the most potential to increase in value. If I had instead bought gold, I would not have made close to the amount I have made with bitcoin.

Time will tell, but so far, bitcoin has been better for me.

I understand where you are coming from, but you can't say that Bitcoin is better than gold or whatever else, when you have never used it. Also, most people buy gold just as a store of value tool, and not so much because they expect crazy returns.
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October 01, 2016, 08:09:12 PM
 #529

Gold is a safer/less risky investment than bitcoin. However, I think bitcoin has more potential that gold as an investment. Higher risk, but higher reward potential.
yes maybe for some people can say that investing in gold is very safe but in my eyes invest in bitcoin is safe too, and only people who buy bitcoin when the price at $ 1200 ++, which is still not able to get an advantage if they still holds their bitcoin. i'm pretty sure one day they will be able to get an advantage.

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October 01, 2016, 10:46:46 PM
 #530

Gold is good but I do not consider it better than the bitcoin because it will sometime take so long to make profit with the gold.
Withe the bitcoin you can simply just make money in a short term.

Gold is more stable than Bitcoin. But bitcoin enables greater gains in the short term.


well yeah it is more stable but actually because of that it is way too boring for me in my opinion

 
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bitcoin31
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October 01, 2016, 11:43:08 PM
 #531

Gold safiest not risky but the potential income is less than bitcoin.
Bitcoin have more future and they more potential income but its risky
Backside walkaround
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October 01, 2016, 11:45:46 PM
 #532

Eh.  I like gold only because it's relatively rare and it's valued by others.  It's nice to make jewelry out of, and gold coins are beautiful.  It's not a requirement that gold (and silver) track inflation, but I suppose they tend to anyway.  As far as whether gold is better than bitcoin...that's a tough one, because I'm a big bitcoin supporter but still like physical things.  I would say no, but I'm open to changing my mind.  Smiley

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October 01, 2016, 11:48:09 PM
 #533

I think bitcoin is only for short term investment and with risky if you take long to invest with it because price is really unstable to stake long..
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October 02, 2016, 12:28:02 AM
 #534

The gold is safety to invest because the price is always stable.
Bitcoin is also good invest but its to risky .. But have more potential income in bitcoin

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October 02, 2016, 12:54:02 AM
 #535

I think this time the gold will be better because gold is accepted worldwide and a stable price .for bitcoin might be a good choice in the future because now not many people know about bitcoin .... But believe me, from time to time people would switch to Bitcoin and Bitcoin value will continue to increase will only increase from now on, and people will realize that this is a revolution.
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October 02, 2016, 01:03:20 AM
 #536

The gold is safety to invest because the price is always stable.
Bitcoin is also good invest but its to risky .. But have more potential income in bitcoin
Current we can invest in both because Gold is good for long run and Bitcoin is working for short run but we need to do all investment wisely because its risk is alway on
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October 02, 2016, 02:29:56 AM
 #537

I think this time the gold will be better because gold is accepted worldwide and a stable price .for bitcoin might be a good choice in the future because now not many people know about bitcoin .... But believe me, from time to time people would switch to Bitcoin and Bitcoin value will continue to increase will only increase from now on, and people will realize that this is a revolution.
could be in the future bitcoin price increases and also became an important commodity. I see opportunities bitcoin could be better than gold in the future.
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October 02, 2016, 02:38:41 AM
 #538

If i make investment for long term i will choose into gold because the price is more stable and every year gold's price always going up although it is just a little. But if i have a lot of capital and make profit from trading, i will choose bitcoin because bitcoin's price has high fluctuation. So depend on you what will You doing.
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October 02, 2016, 02:39:52 AM
 #539

At the present time gold is more secure than Bitcoin but Bitcoin has far more potential of dramatically rising (or falling). Volatility makes Bitcoin better to trade but to buy I need to see better prices.

On the other hand silver in my book looks good for the future.
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October 02, 2016, 03:05:24 AM
 #540

in my opinion gold can't be a better option in comparison of bitcoin . because in gold only very small amount of profit can get with long term investment but in bitcoin we can get huge profit in small time .

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