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Author Topic: So Bitcoin is better than Gold?  (Read 48039 times)
Wintersoldier
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May 20, 2017, 03:54:32 PM

Bitcoin obviously has a lot of different properties than gold, and is in many ways better than gold.

Or, at the very least, you could say it's similar to gold (in terms of value).

Perhaps someday, in the not so distant future, people will be happy to get a few mBTC to store their family's wealth.

It is true that if we will compare the both denominator which is gold and bitcoin we should also look on the wider scale that bitcoin is way different to gold in many aspect. Bitcoin is a crypto currency which can be used through the power of internet and technology in contrary Gold is a tangible thing that has value which can be used on trading depending to its value. But bitcoin also does have value and price and the great thing on bitcoin it price is constantly changing and also follow the principle of law of price and demand which is way better in investment and businesses.

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May 20, 2017, 03:59:35 PM

Crossing borders is a big advantage at the moment with Bitcoin, though it will apparently become the norm that the NSA will check your phone/computer to check for dodgy activity, including seeing that you don't have lots of Crypto.
There is no way to detect if you are bitcoin owner, or if you are transferring bitcoin within your smartphone, PC laptop, whatever device you have.
We can encrypt private keys and hid it somewhere, remember or write down mnemonic HD wallet seed or use dozen other methods to conceal your bitcoin stash.
If you are serious crypto holder then there is no need to worry about airport security at all.



I agree, you can just send the private key to your just created email address and access it after landing on your destination.  It is as simple as that.  You do not need to hide it somewhere.  Besides this new email will surely does not link y our personal data because if you are a serious crypto person, you know how to make yourself anonymous.

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May 20, 2017, 04:01:57 PM

Well nowadays bitcoins have more value than the gold, so you can said that bitcoin is better than gold for his value.

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May 20, 2017, 04:16:34 PM

For me bitcoin is better way of investment
than gold because you can gain a lot of profit
in bitcoin than in gold.

Yes! but on the other hand chances of lose is also greater in bitcoin as there are more fluctuation in BTC prices. You don't know when the prices rise or fall.

I think bitcoin is good for investment but gold has advantages that make it safe in the future with a high price.


The major advantage of gold is its price, which is almost remained constant over many months so its a safer option if you are not willing to take risk.

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andron8383
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May 20, 2017, 09:04:50 PM

So Bitcoin is better than Gold? Roll Eyes

For sure it is . You see price now of BTC smashed Gold hard.
So there is preasure near that BTC is better is less manipulated than Gold.
For me if i would want leave country and take my money with be BTC is best choice you need 0 permission to do it.
THis is great feature.

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May 20, 2017, 09:13:48 PM

First of all it is necessary to look and what you want to have from gold And at the same time What you want to go from Bitcoin. Well, the experts very well clearly expressed that Bitcoin and gold have something similar, but at the same time, gold and Bitcoin are completely different. Generally it would be nice to earn with Bitcoin and invest in gold, although to date, bitcoins are the best investments of recent years.

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May 21, 2017, 10:31:22 AM

It depends how you think, if you measure in monetary value then definitely Bitcoin is better than gold, but if you want differentiate in availability or credibility then I want to say that gold is more precious than Bitcoin. Wherever the case is, Bitcoin will dominate in money market.
Hopefully, in future, Bitcoin is going to take as a replacement of gold.

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May 21, 2017, 10:44:34 AM

Bitcoin and Gold are two different value and I can distinctly say that they have different purpose in the certain of use and I like bitcoin more than gold because of the security it can offer in it's security and it can not be counterfeit and it is surely theft resistant and lastly not like gold it can Easily Transactable and because it is P2P it is decentralized and I like it that way.

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May 22, 2017, 07:47:20 AM

Don't to often comparing bitcoin with gold, when the price of the bitcoin is very rising then people will make the bitcoin is best included with gold, but what if the price bitcoin drop?

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May 22, 2017, 07:51:23 AM

Bitcoin and Gold are two different value and I can distinctly say that they have different purpose in the certain of use and I like bitcoin more than gold because of the security it can offer in it's security and it can not be counterfeit and it is surely theft resistant and lastly not like gold it can Easily Transactable and because it is P2P it is decentralized and I like it that way.

Yes, these are two different goals and even two different directions - digital and real. While they can only complement each other, rather than compete among themselves and compare them is not very correct.

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SamsungBitcoin
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May 22, 2017, 09:37:58 AM

Don't to often comparing bitcoin with gold, when the price of the bitcoin is very rising then people will make the bitcoin is best included with gold, but what if the price bitcoin drop?
We all know that people are bias, we choose which is anonymous at the current status but both gold and bitcoin is the best investment much better to have it both but it depends on the investor, if what they can afford because me i only afford is bitcoin that is why i am here invested in bitcoin.

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May 22, 2017, 09:43:59 AM

For investation, bitcoin is winning at the moment since bitcoin value is very high recently.
As for now , I'm invest more on bitcoin rather than gold at the moment , I'm pretty sure that bitcoin will reach $ 2000 before end of the year
That's why bitcoin often be said that it's a short term investment which volatility far surpasses gold. Gold as investment having a stable price and steadily increasing by the time, it's like a property, always increase and rarely decrease. But, bitcoin is a different thing, the volatility behaviour of bitcoin make traders could earn as much profit within the short term of time but also high risk. For people who don't want to suffer from always monitoring the current price of their investment, bitcoin is a disaster.

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May 22, 2017, 09:54:22 AM

Bitcoin is good to invest because the price is always curious and gold is also good but gold has a good future.

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May 22, 2017, 10:26:31 AM

The performance of bitcoin this year is quite good since the value keep on increasing, i can say at the moment btc surpass the gold and becoming a smarter investment option than the metal. we should take this opportunity to invest.

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May 22, 2017, 10:28:35 AM

You will always have the old school people who don't get into cryptocurrency - they will end up hoarding gold under their matresses instead Wink.

It is true however that gold doesn't have anywhere near the same potential for growth in the next 10 years.

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May 22, 2017, 10:37:49 AM

Don't to often comparing bitcoin with gold, when the price of the bitcoin is very rising then people will make the bitcoin is best included with gold, but what if the price bitcoin drop?
We all know that people are bias, we choose which is anonymous at the current status but both gold and bitcoin is the best investment much better to have it both but it depends on the investor, if what they can afford because me i only afford is bitcoin that is why i am here invested in bitcoin.
Not all the kind of people here can afford gold to have a great investment. Bitcoin is created for people who want to invest in gold but a faster growing kind of digital gold and also secured and fast. Bitcoin is the best investment and gold is nothing compare to bitcoin so there is no valid reason to compare these two because we already know which is better and the best and that is bitcoin because of the secure,fast,affordable and fast growing market.

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May 22, 2017, 10:50:28 AM

The performance of bitcoin this year is quite good since the value keep on increasing, i can say at the moment btc surpass the gold and becoming a smarter investment option than the metal. we should take this opportunity to invest.

Bitcoin's advantage it's price which is higher than gold, but if you look at it, bitcoin's price is not really stable, even if you have one, you can't be sure if that will give you a profit, I am not saying that it will not, but it is not that sure. While gold is an asset for a long time, though bitcoin is still better than gold, because of what I had said, it's price is unpredictable.


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romero121
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May 22, 2017, 10:50:43 AM

The performance of bitcoin this year is quite good since the value keep on increasing, i can say at the moment btc surpass the gold and becoming a smarter investment option than the metal. we should take this opportunity to invest.
Long back itself the price of gold has got surpassed. As the Price seems to increase regular in a better scale than the minor fluctuations happening with time. Gold has reached the peak after years and years of distribution and through the limited source availability. Now the same is achieved in a very short time period by bitcoin which confirm that bitcoin is​good for profiting.

nethan1btc
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May 22, 2017, 12:04:32 PM

I can see bitcoin now to be better than gold because it has not reached this price eversince, and price is not that profitable compared from bitcoin. You cannot see gold now to be high in demand and with bitcoin's demand has a greater numbers of individuals who wanted investing digital currency rather than gold. Gold nowadays has lower demand unlike those days that no alternatives like silver and bronce, the demand reached very high also if it's price. So to make it a clearer view of digital currency in the market value it has a progressive growth as well as it has the growing economy of the future currency.

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BingoDog
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May 22, 2017, 12:22:55 PM

I think this is the question of preferences. Personaly i always liked bitcoin more but that doesn't mean that gold also isn't good investment. Currently to my opinion it's better to invest in bitcoin because of the price but situation changes so it would be good to split the funds on both.

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