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Author Topic: So Bitcoin is better than Gold?  (Read 48712 times)
koralan
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October 06, 2017, 03:27:49 AM
 #1241

Bitcoin in the world crypto currency is gold. In a sense, bitcoin is information gold. But while the whole world does not fully recognize the crypto currency, it can not be real gold.
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shunga
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October 06, 2017, 04:11:12 AM
 #1242

So Bitcoin is better than Gold? Roll Eyes

Yes bitcoin is better than gold because bitcoin can easily earn or get while gold is hard to get or find. bitcoin is easy to transact while gold is not because we need more papers before we can get it. bitcoin can easily to buy but gold are not. To get bitcoin we dont need an extra hard work while gold are need more and more extra effort.

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October 06, 2017, 04:19:18 AM
 #1243

No, bitcoin is not better. we have been using gold for hundreds of years, and bitcoin is only a few years old. maybe in a few years it will disappear.
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October 06, 2017, 04:35:43 AM
 #1244

So Bitcoin is better than Gold? Roll Eyes

I think bitcoin is better than gold in terms of price, function, security. But gold is also better than the usability to make jewelry, facial health like gold masks, and as other precious metal art

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EEEian
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October 06, 2017, 05:01:56 AM
 #1245

Yes absolutely Bitcoin is better and more expensive coin in the whole world through gold.Bitcoin price $4300 per coin on the other hand Gold Price Per Ounce $1277 that means big different between two.

michaelch
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October 06, 2017, 05:04:40 AM
 #1246

I think in some ways, bitcoin is better gold. Especially right now and in the past few years, where it is in its infancy in gaining its reputation and acceptance in society, almost like a gold rush if you will.. Grin
Getmon
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October 06, 2017, 05:08:38 AM
 #1247

So Bitcoin is better than Gold? Roll Eyes

In some ways. But in some ways also, gold is better than gold. The good thing about bitcoin is that it is fast growing in value and then at the same time you can also spend it to purchase the stuff that you need and want. But in terms of stability, gold is much more established and trusted.

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centralbanksequalsbombs
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Bitcoin :open immutable decentralized global fair


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October 06, 2017, 05:23:13 AM
 #1248

Simply ask yourself as time goes, which is more useful and efficient and storing VALUE (worth more over time)?

Gold is an asset that can have its price manipulated by the traditional central-bank system.

Currently Bitcoin is for the most part free of that level of manipulation. And every 5 years, Bitcoin price is higher and will always be higher.

Though it is only <1% adopted by the world population...
Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.

And it has become clear that...
Bitcoin CANNOT be controlled.

Bitcoin cannot be made legal. Governments may still attempt to do so.

Bitcoin cannot be made illegal. Governments may still attempt to do so.


Central banks already control and manipulate Stocks, Real Estate, Gold, Interest Rates.

Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter.

On the opposite end of the spectrum the global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc) bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.

Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalk.org/index.php?topic=1853019.0

CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping

https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/

A.nayem
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October 06, 2017, 05:51:12 AM
 #1249

Stop convincing people that bitcoin is better than anything not only gold, I can't afford to buy a single coin ever since price jumped from $1100 to $1800 Sad I didn't realized then but now I'm not telling anyone about bitcoin any more, because I've realized that I've found a gold mine and what an idiot I was to shout about it every where.
Bitcoin becoming mainstream and with 50K transactions per second in the future as we all know is inevitable but we must take advantage while is in infancy stage.

Kingofbitcoin12345
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October 06, 2017, 06:01:41 AM
 #1250

So Bitcoin is better than Gold? Roll Eyes
Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes







I hope I’ve seen it much earlier so that I can used it to those who questioning bitcoin even my friends.. I agreed much of it and to add some sort of idea to my mind that this table/chart shows everything I’ve been thinking of..
The image that appear should be spread and most bitcoin users must know to explained it the easy way to others..

Thanks Lauda.. Saved and copied..

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xskl0
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Segshit ≠ P2P


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October 06, 2017, 06:06:56 AM
 #1251

Gold < Bitcoin Gold (BTG) < Bitcoin (BTC)

I prefer to live a day like a wolf than a hundred years as a lamb.

BUY / SELL bitcoins  --->  https://bit2me.com/?r=ryOV8xZNb
Karimeen
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October 06, 2017, 06:45:19 AM
 #1252

To my view point ,at present I say that now bitcoin is better than gold the reason behind it is that  has a limitation of only twenty one million of bitcoin supply but in the case of gold this is not, gold is dug from the ground and processed and  have no limitations.But even when there is more demand in bitcoin it is scarce in supply.To my concept according to the previous month the value of bitcoin has tripled and even though it is fluctuating in value again it will reach to a hike latter.
ANDREW 555
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October 06, 2017, 07:25:41 AM
 #1253

The only thing that keeps high gold prices now is popularity and tax breaks in most countries for exchange. It is considered a commodity
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October 06, 2017, 07:29:10 AM
 #1254

In terms of value appreciation bitcoin is better than gold because up to this moment bitcoin continue to appreciate the only thing gold is ahead of bitcoin is that it has been in the market for a long period of time, it is tested and somehow trusted by many people but maybe after few more years bitcoin can overtake the history made by gold.

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October 06, 2017, 08:27:30 AM
 #1255

Yes Bitcoin is all time better then gold. Sometime is low but most of the time high.
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October 06, 2017, 08:39:54 AM
 #1256

We can summarize that Bitcoin has gold-like characteristics as follows:

  1 The supply is limited, where there will be only 21 million Bitcoins spread across the globe;
  2  Not created by the Central Bank / government, but by an unidentified party;
  3  Not manufactured or controlled by an individual, group or company;
  4  Impossible to duplicate or counterfeit;
  5  Durable and not easily destroyed;
  6  Obtained by mined, but using a mining program and a mathematical algorithm;
  7  Can be transacted worldwide;
  8  The transaction is irreversible, meaning that once Bitcoin is given to someone else's hand, the transaction can not be canceled unless the person is
  9  willing to send the Bitcoin back;
  10 Can be exchanged and traded with various currencies in the world

pat4cryptoreal
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INNOVATIVE CONCEPT


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October 06, 2017, 08:50:28 AM
 #1257

Bitcoin cannot be compare to gold in any way . Inventing of bitcoin is the most significant thing that have ever happen to the global financial system. An individual cannot sell gold to someone in another country or continent and the transaction will be successful instantly. Bitcoin has come to unite the whole universe.

Simple_Man
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October 06, 2017, 08:55:52 AM
 #1258

So Bitcoin is better than Gold? Roll Eyes

Honestly I don't agree with that. Because gold and bitcoin are structurally different. GOld has many other use apart from investing. You can make an ornament out of it but with bitcoin there is no such option. Also Gold price is somewhat stable which makes it an excellent asset for capital protection. Whereas bitcoin price is very dynamic and not suitable for faint hearted investors. So my view is that, bitcoin and gold are good investment options for different set of investors.

d.mas
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October 06, 2017, 09:05:18 AM
 #1259

Gold is a physical commodity which is to be mined, has major industrial applications so it will always have a value. thats why its better.

Bitcoin is a code only and have value till acceptance and not wholly legal in world, it can fade away with laws, better crypto currency, and with no physical industrial applications .

common man is not gonna use it widely, any mugger can theft your pc, phone and get them if not password protected, manipulation is possible yes. So i thnk gold is better than bitcoin.
rodskee
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October 06, 2017, 09:12:47 AM
 #1260

So Bitcoin is better than Gold? Roll Eyes
Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes







thanks lauda for the information chart thats the proof bitcoin are in the highest level among us the proof you are sharing no doubt bitcoin are very strong and good investment to future as potential cryptocurrency.

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