lokpalnaik
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November 21, 2017, 05:45:49 AM |
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Well, current scenario indicates that Bitcoin has crossed over gold. where profit ratio is very high with Bitcoin.
It would be better to invest on Bitcoin rather than going for gold for better returns
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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GeniusAko
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November 21, 2017, 05:51:51 AM |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
It seems that you are wrong. The price of the gold is still stable than the price of bitcoin. Gold is also more popular than bitcoin. Many people are still prefer to buy gold than bitcoins because of its high value. |
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doomloop
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November 22, 2017, 06:10:50 AM |
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Bitcoin has not just defeat the gold but cross with long lead and individuals enjoying its profit and also increasing their life styles,Main reason is Bitcoin is convenient and safe as compare to Gold.
Yes indeed bitcoin defeat gold because you will always lose in old and bitcoin always give you a profit when you buy gold and then want to sell gold so there will be a deduction in gold and If you bitcoin and then keep bitcoin on hold and start to wait for a right time and then sell bitcoin so I will give you a profit and even if you do daily trade it will also give you profit. In past people used bitcoin for trading and investment purposes, as we were observing a great change in the price of gold, but for few years we can see that gold price remain as constant for a long long time. Now most of the people are using bitcoin for saving purposes, in fact in present time the best option to be use for investment and trading is Bitcoin from where one can really get a good profit in a short time but in the same time the risk of losing money is also there. All of the possible source of income or investment have its own risk and the only thing that make difference between the different types of investment is the amount of risk that they have. Bitcoin maybe have a high risk but it is not that huge discouragement for the people to invest because with bitcoin they can earn big amount of profit in just a few weeks and that is why bitcoin is being more prefer than the people rather than investing in gold. You do realise that the potential to make huge return on investment with Bitcoin is decreasing though, right? I mean back in 2009-2013 it was easy for literally anyone - even McDonalds employees to become rich by simply investing a portion of their weekly salary into BTC, but now it is impossible for most people to even buy a Bitcoin, heck most people cannot even afford to buy HALF a Bitcoin. I would not say it has defeated gold though. Gold will always be considered as a means to store value. It is the true the bitcoin value and the price has become low now and the bitcoin will help a lot of the people I hope the bitcoin will increase more and buying a lot of the money, the demand and the price of the bitcoin will be high and with the time the bitcoin will get more famous and the demand of the bitcoin will be high if the price and the value of the bitcoin will grow more and more. |
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charmaine08
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November 23, 2017, 03:21:44 AM |
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I don't think that bitcoin can defeat the gold , bitcoin have no original value while the gold has and it rate goes higher and higher .
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mxyzptlkof6th
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Activity: 294
Merit: 26
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November 23, 2017, 03:24:45 AM |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Yes. It is because humans can adapt easily to the cryptocurrency. Gold is much harder to acquire than bitcoin. |
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pinoyden
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November 23, 2017, 03:39:55 AM |
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, gold is more secure than bitcoin because you can save the gold into your safe box and can't hacked by anyone
sure it cant be hacked by hackers but it can be steal by thieve's . both gold and bitcoin have a risk though bitcoin defeated gold in terms of profitability because bitcoin is much more volatile compared to gold and bitcoins value is now over 8000$ , thats why most people prefer it. overall both have advantage and disadvantage that you should be consider before investing on of them. |
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bestbiz9
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November 23, 2017, 03:49:54 AM |
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I think that bitcoin can not defeat gold because it's 2 different directions. Gold existed for many years in the physical world, and then in virtual, and bitcoin only recently appeared in the virtual world and not all of them have accepted it.
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Pakboy
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Merit: 100
"Proof-of-Asset Protocol"
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November 23, 2017, 07:25:33 AM |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
I don't think so! Gold is still in the top and I am sure that bitcoin can't still beat gold. If you will observe our society, you will find out that gold is more better than bitcoin. |
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KwizatzHaderach
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November 23, 2017, 08:17:07 AM |
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Bitcoin has defeated gold in value. Both have their own usage as storage of value when other financial means takes a downturn.
With the limited supply of bitcoin already known also, people will be sure there will be no other supply unlike gold wherein it is still unknown.
Overall, both have their uses. Gold though is hard to store and is somewhat not liquid (if amounts are high) compared to bitcoin.
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tronghai123
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November 23, 2017, 09:31:36 AM |
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In recent times. According to google, the keyword Bitcoin purchase has increased very recently and has exceeded gold. I think Bitcoin will be a well known market in the future and will be the most potential market in the world
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layoutph
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November 23, 2017, 09:45:35 AM |
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Its so nice to read some Bitcoin memories and achievements from the past. Now the price of gold is more than 5x to 6x of current Bitcoin's price. Someday gold's price will also reach 8k, but bitcoin would be more than $100000.
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Jaxelrell
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Activity: 85
Merit: 10
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November 23, 2017, 10:44:46 AM |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
I don't think so! Gold is still in the top and I am sure that bitcoin can't still beat gold. If you will observe our society, you will find out that gold is more better than bitcoin. Yeah. Gold is a lot more worth now than bitcoin. If you ask a average person in the world if he wants bitcoin or gold. He would surely go for gold because its shiny and its very stable. Some people don't know about bitcoin so they will also choose for gold instead of bitcoins. |
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/GeertJohan
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November 23, 2017, 10:46:09 AM |
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Obviously, this is the good news..  but one thing the both price is not standard. If it will continue it reach achievements in future.. But we don't know it will stable or not.. |
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kucritt
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November 23, 2017, 11:04:55 AM |
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in price bitcoin is defeated gold, but if in public interest i think people will choose gold than bitcoin because gold is have a physic and bitcoin have not, and gold can sold in local shop in your city, what about bitcoin you should sell it on online
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richmcrich
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November 24, 2017, 06:09:28 AM |
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it would have been like this. because it is a growing system. but gold can be worth every moment. may show variability with respect to policy followed by money barons. Btc gains even more power when it is involved in life.
If we make a comparison in between bitcoin and that of gold at the very present moment, then we’ll get to know this thing that the number of people investing in bitcoin is far more than that of the number of people who are investing in gold. In addition to this, the profit which you can get by investing in bitcoin is far more than that of gold. Bitcoin has no doubt defeated gold and is considered to be the best option for investing money. |
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justspare
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November 24, 2017, 06:29:52 AM |
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it would have been like this. because it is a growing system. but gold can be worth every moment. may show variability with respect to policy followed by money barons. Btc gains even more power when it is involved in life.
Banks are not in the favor of bitcoin and if they will replace gold reserves with btc this will surely give then huge profit as well and if this thing will happen bans will cut the fee from the investor profit and this thing is not acceptable so for me bitcoin its self is the best replacement to the banks and only you have to buy it and it auto increments the value and gives profit as the time passes and you can also use your money. |
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SilverChromia
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November 24, 2017, 10:59:13 AM |
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Maybe in terms of amount you can say that Bitcoin has a lot of more power than gold. Because bitcoin has advantage that gold doesnt have and that is bitcoin has its digital feature that limitless or no limit unlike the gold that in this era or generation is too hard to find that you will need first and equipment to find or earn that unlike bitcoin that easy to earn that you didnt have to do much a lot of work.
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DerDerrick
Newbie
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Activity: 33
Merit: 0
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November 24, 2017, 11:22:58 AM |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
I don't think so! Gold is still in the top and I am sure that bitcoin can't still beat gold. If you will observe our society, you will find out that gold is more better than bitcoin. Yeah. Gold is a lot more worth now than bitcoin. If you ask a average person in the world if he wants bitcoin or gold. He would surely go for gold because its shiny and its very stable. Some people don't know about bitcoin so they will also choose for gold instead of bitcoins. Gold has always been more worth than Bitcoin. I think that Bitcoin will someday beat gold, but untill then Bitcoin must hit 50k at least in order to do that. Bitcoin would be worth more than gold. Today gold is stronger and more people would choose it. |
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Nanot
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Activity: 266
Merit: 10
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November 24, 2017, 11:23:51 AM |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Bitcoin was defeated gold because bitcoin can increase and increase more to its price by time passes so fastly that possibly it can fall into a million dollar each. Not like gold,it is limmited and base only in its wieght . |
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mornabo
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November 24, 2017, 11:50:37 AM |
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Bitcoin: $1260/BTC
Gold: $1241/xau
Well, I can not believe that the Bitcoin prices has crossed over gold sooner than I expect. I thought the process would be finished in April. Wow, Bitcoin is truly worth and everyone who has sold their Bitcoin has made a huge mistake. Nothing can stop Bitcoin right now.
Bitcoin was defeated gold because bitcoin can increase and increase more to its price by time passes so fastly that possibly it can fall into a million dollar each. Not like gold,it is limmited and base only in its wieght . i think both beat each other in different fields, gold is better because it is safer (because it is not fluctuating) whereas bitcoin is very profitable in the near term because it is fluctuating, which makes bitcoin preferred because bitcoin is more potent than gold, bitcoin is still young and very likely to have prices many times over the next few years,, |
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