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Author Topic: Is gold better than Bitcoin?  (Read 42096 times)
hajimasan
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October 02, 2016, 03:20:45 AM
 #541

earlier i also thinks the same about the best quality of gold of saving money for future but when i comes to know about the bad things about gold that its price not increases speedly then i found that bitcoin is more best and clear way to hold money .
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October 02, 2016, 04:30:47 AM
 #542

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 .

Gold is being manipulated by the big bankers and the wealthy. When fiat fails, both Bitcoin and gold will soar. When electricity and the Internet fail, all that will be left is gold... and the poor man's gold = silver.

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October 02, 2016, 06:37:28 AM
 #543

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 .
You could  able to make  good profits  on gold  on long terms  investments especially if you have  bulks  of it but the main question is  do you have the capability  to buy gold  on large  amounts? FOr sure,  only a few does have the  money on investments on gold as we all know  gold are expensive.

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October 02, 2016, 06:57:26 AM
 #544

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.
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October 02, 2016, 08:53:45 AM
 #545

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.
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October 02, 2016, 11:45:24 AM
 #546

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.
Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

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October 02, 2016, 12:19:00 PM
 #547

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

I think so, Gold actually nowadays is very hard to mine. It will need big investment amount of money, heavy equipment, etc. While in bitcoin is opposite in gold, aside from that bitcoin is easy  to mine and very  convenient to use and  no hassle too.
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October 02, 2016, 12:21:43 PM
 #548

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.
Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

Gold holds trust from the people and for the same reason people prefer to invest in gold and it has huge market cap in compare to bitcoins, and people who are not aware of bitcoins will surely go for gold.
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October 02, 2016, 12:45:20 PM
 #549

I think it depends a lot on people's ways of thinking and their situations. People are different so they will have their own thoughts so we can't tell whether gold or bitcoin is better than the other.

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October 02, 2016, 01:06:37 PM
 #550

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.
Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

Gold holds trust from the people and for the same reason people prefer to invest in gold and it has huge market cap in compare to bitcoins, and people who are not aware of bitcoins will surely go for gold.
gold exist longer than bitcoin and gold has been proven more stable and stronger than bitcoin, the reason people choose gold is because gold is can be obtain in any country, while bitcoin still being forbid by some country, and then bitcoin can be banned by government, but gold will never be banned, but the disadvantages of gold is the price rising is slow, so bitcoin is more suitable for a person who want to use bitcoin as trade tools


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October 02, 2016, 01:30:42 PM
 #551

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.
Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

Gold holds trust from the people and for the same reason people prefer to invest in gold and it has huge market cap in compare to bitcoins, and people who are not aware of bitcoins will surely go for gold.
gold exist longer than bitcoin and gold has been proven more stable and stronger than bitcoin, the reason people choose gold is because gold is can be obtain in any country, while bitcoin still being forbid by some country, and then bitcoin can be banned by government, but gold will never be banned, but the disadvantages of gold is the price rising is slow, so bitcoin is more suitable for a person who want to use bitcoin as trade tools

Yeah and people who are looking for quick profits will always choose bitcoins over gold as making profits from gold is an time consuming process and not everyone have that high level of patience.
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October 02, 2016, 01:42:01 PM
 #552

It's not so much a factor of what is better.

It is more of a question of who needs who.

Without Gold Bitcoin would not even exist.



You see those contacts?

You will see that sort of thing in virtually all things that allow you to transact Bitcoin like:

PCs
Tablets
Smart Phones
Servers
GPUs

This is not speculation it is a cold hard fact.

One would be wise to carry gold in monetary form.

This, along with many other commodities, is the lifeblood of Bitcoin.

It should never be taken for granted.
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October 02, 2016, 01:43:36 PM
 #553

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.
Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

Gold holds trust from the people and for the same reason people prefer to invest in gold and it has huge market cap in compare to bitcoins, and people who are not aware of bitcoins will surely go for gold.
gold exist longer than bitcoin and gold has been proven more stable and stronger than bitcoin, the reason people choose gold is because gold is can be obtain in any country, while bitcoin still being forbid by some country, and then bitcoin can be banned by government, but gold will never be banned, but the disadvantages of gold is the price rising is slow, so bitcoin is more suitable for a person who want to use bitcoin as trade tools

I would argue that such countries that forbid gold as you say are not actually forbidding.

Do they have any electronic devices in these countries?

If so then they welcome gold with welcome arms.
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October 02, 2016, 01:59:43 PM
 #554

May be gold is better then bitcoin in terms of an investment but I will still choose bitcoin over gold as I want to make money in quick time which is possible only with bitcoins and not with gold.

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October 02, 2016, 04:19:06 PM
 #555

Actually Gold is Always Gold so you can compare to Gold with other things but bitcoin is 2nd choice if you want to store

Gold is GOLD
Thanks
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October 02, 2016, 05:32:34 PM
 #556

The most important thing is superior than gold Bitcoin, is that its value is stable and does not jump. But even the fact that gold will continue to exist forever as a precious metal, and bitcoin at bad scenario if you remove the electricity and the internet that will not even exist.
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October 02, 2016, 05:38:22 PM
 #557

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.
gold is more secure but unfortunately you cannot make that much money with it as you can with bitcoins
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October 02, 2016, 05:40:14 PM
 #558

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.
Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

Gold holds trust from the people and for the same reason people prefer to invest in gold and it has huge market cap in compare to bitcoins, and people who are not aware of bitcoins will surely go for gold.
gold exist longer than bitcoin and gold has been proven more stable and stronger than bitcoin, the reason people choose gold is because gold is can be obtain in any country, while bitcoin still being forbid by some country, and then bitcoin can be banned by government, but gold will never be banned, but the disadvantages of gold is the price rising is slow, so bitcoin is more suitable for a person who want to use bitcoin as trade tools

Yeah and people who are looking for quick profits will always choose bitcoins over gold as making profits from gold is an time consuming process and not everyone have that high level of patience.
yes it was before the last few months but the current bitcoin prices tend to be stable which makes a bit of trouble to make a profit, i guess now no one is better between gold and bitcoin.

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October 02, 2016, 07:12:13 PM
 #559

At some point in the future, gold will still be coveted.  Who knows where bitcoin will be?  We might not even have a means with which to use bitcoin in who knows how long...but I'm only saying this because everyone's definition of 'long-term' is different if you catch my drift
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October 02, 2016, 07:17:59 PM
 #560

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.
Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

Gold holds trust from the people and for the same reason people prefer to invest in gold and it has huge market cap in compare to bitcoins, and people who are not aware of bitcoins will surely go for gold.
gold exist longer than bitcoin and gold has been proven more stable and stronger than bitcoin, the reason people choose gold is because gold is can be obtain in any country, while bitcoin still being forbid by some country, and then bitcoin can be banned by government, but gold will never be banned, but the disadvantages of gold is the price rising is slow, so bitcoin is more suitable for a person who want to use bitcoin as trade tools

Yeah and people who are looking for quick profits will always choose bitcoins over gold as making profits from gold is an time consuming process and not everyone have that high level of patience.
yes it was before the last few months but the current bitcoin prices tend to be stable which makes a bit of trouble to make a profit, i guess now no one is better between gold and bitcoin.

Either none  is better between both of them or both are good as an investment in long term, no doubt the price of bitcoin is stable at a moment but its only temporary and it will rise in future for sure.
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