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Author Topic: So Bitcoin is better than Gold?  (Read 52914 times)
Afnan_faizah
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October 21, 2017, 01:12:11 PM
 #1341

For now, yes. Bitcoin prices is always go up until reach the new high level although there are still volatility in it. So bitcoin become very good investment that can give profit for the owner better than gold.  But gold is also good because it is one of safe haven.

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October 21, 2017, 01:31:34 PM
 #1342

There are two aspects to this question. On the one hand, gold is reliable and tested for centuries. On the other hand, the cost of bitcoin grows much faster than gold, and hence the chance to get rich much faster. This is just your choice, what to invest in, the more you can invest in bitcoin and gold (if you allow a number of your funds).
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October 21, 2017, 01:43:42 PM
 #1343

i think it's depend on the value of gold nowadays and the value of bitcoin. we can say it's better because we can easily earn bitcoin unlike gold in our country so hard to get. but in terms of the value we can't say what is better unless we can see what is easy to earn if bitcoin or gold.

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October 21, 2017, 02:05:01 PM
 #1344

So Bitcoin is better than Gold? Roll Eyes
Although bitcoin’s price has defeated that of gold. But still I don’t think that bitcoin is better than gold because firstly, gold is a precious metal and its value keeps on increasing with time. Then it has a physical identity. Gold is a stable form of currency therefore its value does not fluctuate often. Gold is regulated by government which increases its stability and pretexts it from falling. Lastly gold is much more popular and in usage than that of bitcoin and its demand is increasing day by day.
Well, if we talk about profit, bitcoin would certainly be better than gold but if we talk about stability and long-term, gold will be better than bitcoin, in summary, gold and bitcoin have different advantages and disadvantages, so we can not compare and say which is better. Personally, I like bitcoin, simply because the chance to get rich from bitcoin is great, the purpose of investing is to make money, choose Bitcoin is a very reasonable thing, it's newer, more potential. Talking about gold, gold was old, the opportunity for us to earn money from it is very little, it does not fit the purpose of the investment
valentine401
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October 21, 2017, 02:57:25 PM
 #1345

So Bitcoin is better than Gold? Roll Eyes
Its value is higher than gold but I think if it talks about gold futures it is more stable than bitcoin. You can not be sure that bitcoin can exist in the next few years, but gold can still exist.

People cannot earn gold literally because it was very hard to get and its not possible for everyone. Bitcoin is a lot easier and the only requirement that you have is a device that can connect to the internet. Maybe in the future, gold will lost its value and bitcoin will dominate the entire world since crypto currency is easier and too main stream.
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October 21, 2017, 04:03:49 PM
 #1346

So Bitcoin is better than Gold? Roll Eyes
Its value is higher than gold but I think if it talks about gold futures it is more stable than bitcoin. You can not be sure that bitcoin can exist in the next few years, but gold can still exist.

People cannot earn gold literally because it was very hard to get and its not possible for everyone. Bitcoin is a lot easier and the only requirement that you have is a device that can connect to the internet. Maybe in the future, gold will lost its value and bitcoin will dominate the entire world since crypto currency is easier and too main stream.
yes, we can earn bitcoin very easier than gold because gold is not a currency and not afford anyone to use, but bitcoin is one of the way to use for anyone so my thoughts as a currency is bitcoin much better than gold . 

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October 21, 2017, 04:15:48 PM
 #1347

Bitcoin is better than Gold, price variation is too much high and too much low , but bitcoin due to its caption at a certain level , does not know low value only high and higher high , present variation is only due to unawareness of people around the world, much of bitcoin is said by its price chart as is the case of gold there have never been seen deep spike in the rate of bitcoin though high can be ,   so no doubt bitcoin is far better than Gold.
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October 21, 2017, 04:20:11 PM
 #1348

Better than gold in business point of view because if you are going to trade bitcoin you will get a better profit than gold. However gold is safe and risk free than bitcoins, bitcoins involve some risk but can generate a good profit as well.


I agree with you, but compared to the same risk as holding bitcoin or gold, depending on how we keep both items.
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October 22, 2017, 12:42:30 PM
 #1349

Bitcoins and gold have deficiency, universality, increasing in value during inflation and crisis, functioning outside the banking system, nevertheless, bitcoin is an improved form of gold why? because bitcoin exclude the possibility of forgery, you dont need transporate bitcoins, u can use bitcoins paying for goods and services,  nobody cant confiscate your bitcoins and its very convenient and safe.
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October 22, 2017, 12:54:39 PM
 #1350

Still confused in determining which one is better between bitcoin and gold, I think both have their respective advantages and disadvantages. Bitcoin is a kind of virtual currency, the advantage for now is probably because bitcoin is now quite expensive, but unfortunately bitcoin has not been recognized everywhere. Gold, maybe the price is not as expensive as Bitcoin, but we can use it everywhere and that is one of the more points that gold has.


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Dmitry.Vastov
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October 22, 2017, 01:08:15 PM
 #1351

So Bitcoin is better than Gold? Roll Eyes
No. I don’t think that bitcoin is better than gold because firstly, gold is way more that popular than bitcoin because of which it is in more use than bitcoin. Secondly, gold is a precious metal and has a physical entity whereas bitcoin is just a digital currency. Thirdly gold is stable form of currency. Whereas bitcoin is not a stable form of currency. Then gold is regulated by the government which increases its stability whereas bitcoin is not regulated by any government.
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October 23, 2017, 01:58:49 PM
 #1352

BTC is the best one at the moment. Generally when you have to transfer large amounts of money. BTC is the most popular.
annmarie
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October 23, 2017, 02:05:09 PM
 #1353

Do you think that Bitcoin has had an impact on the price of Gold recently? Gold keeps on dropping in value whilst Bitcoin keeps on rising.
julzcoinbit
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October 23, 2017, 02:19:33 PM
 #1354

Bitcoin is better than gold in terms of investment because bitcoin is a currency that has good potential to enlarge your money and to help you  to became riche ,it is securing your future and it will give you a great profits as long as bitcoin will still exist. While the price of the gold is increasing but not so much the price of the bitcoin. But in reality gold is still remain more stable though than bitcoin.
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October 23, 2017, 02:21:44 PM
 #1355

For me, I could say that both has its own advantages and disadvantages. Bitcoin is better than gold because it has a higher value now and you can use it on any transactions and payment online. In addition to that, as of now the price of bitcoin and gold are the same and both of them has its own advantages in terms of use.
nesterpu
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October 23, 2017, 02:32:20 PM
 #1356

Of course, it is better than gold, when the value of gold always stand still bitcoin will continue to fluctuate.
r1a2y3m4
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October 23, 2017, 02:34:26 PM
 #1357

Hmmmmm. On some aspects bitcoin is indeed better than gold. Especially on the aspect of ease of buying and selling. Bitcoin can be bought online and sell online through secured wallets. Gold however is hard to buy because you will actually go to the stores or institution selling them and there is the issue of purity . How pure is your gold affects its value then it will be appraised and lots of cheats can be done during the process. I'm not saying Gold is bad. Buying Gold is good investment too I am just comparing them on the ease of transaction. Gold is better than bitcoin in terms of its real life applications. Gold can be turned into accessories or statues, Bitcoin is not tangible.

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October 23, 2017, 02:38:01 PM
 #1358

So Bitcoin is better than Gold? Roll Eyes
No. I don’t think that bitcoin is better than gold because firstly, gold is way more that popular than bitcoin because of which it is in more use than bitcoin. Secondly, gold is a precious metal and has a physical entity whereas bitcoin is just a digital currency. Thirdly gold is stable form of currency. Whereas bitcoin is not a stable form of currency. Then gold is regulated by the government which increases its stability whereas bitcoin is not regulated by any government.
Everything you say is indeed an advantage possessed by gold. currently bitcoin has not been able to reach a level like that owned by gold. but when we say about investing then Bitcoin is the champion, bitcoin has a fast price increase rate so we can get a lot of profit in a short time. I became one of those people who had a lot of bitcoin and I was able to sell twice as much bitcoin from the price as I bought it. this has proven that the bitcoin gain rate is very high and I am sure gold can not do the same thing that bitcoin can do.

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October 23, 2017, 06:15:13 PM
 #1359

So Bitcoin is better than Gold? Roll Eyes


I think so. The price of gold doesn’t increase that much unlike bitcoin. We can also invest on bitcoin because it’s price gets higher everytime. In addition, you can misplace gold, bitcoin on the other hand is just in our wallet.


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October 23, 2017, 06:49:03 PM
 #1360

No ... Bitcoin can fall and no longer be worth anything ... what we have to do is seize the moment.
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