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Author Topic: So Bitcoin is better than Gold?  (Read 47092 times)
BlackBeauty
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October 21, 2017, 04:03:49 PM
 #1361

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
 #1362

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
 #1363

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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Redanim
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October 22, 2017, 12:42:30 PM
 #1364

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
 #1365

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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October 22, 2017, 01:08:15 PM
 #1366

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
 #1367

BTC is the best one at the moment. Generally when you have to transfer large amounts of money. BTC is the most popular.
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October 23, 2017, 02:05:09 PM
 #1368

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.
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October 23, 2017, 02:19:33 PM
 #1369

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
 #1370

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.
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October 23, 2017, 02:32:20 PM
 #1371

Of course, it is better than gold, when the value of gold always stand still bitcoin will continue to fluctuate.

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October 23, 2017, 02:34:26 PM
 #1372

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
 #1373

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
 #1374

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
 #1375

No ... Bitcoin can fall and no longer be worth anything ... what we have to do is seize the moment.
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October 23, 2017, 06:53:03 PM
 #1376

We need both BTC and gold, just in order to diversify.
But, long-term, BTC price and value will be xxx times "higher" than Gold.
Gold is mined every year in tonns and bitcoin is only 21M supply forever.

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October 23, 2017, 07:11:19 PM
 #1377

We need both BTC and gold, just in order to diversify.
But, long-term, BTC price and value will be xxx times "higher" than Gold.
Gold is mined every year in tonns and bitcoin is only 21M supply forever.

I agree with you.
We need gold now. But 10 years later, nobody will cares gold Smiley

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October 23, 2017, 07:11:58 PM
 #1378

So Bitcoin is better than Gold? Roll Eyes
No. I don’t think that bitcoin is better than gold although it has achieved great heights in its field and is really successful and has defeated gold in terms of price. This is simply because of the following reasons. Firstly, gold is more stable than bitcoins so its value does not change like bitcoins. Then it is regulated by government so it is more stable whereas bitcoin is not governed by any government which decrease its stability. Then gold is a precious metal and has physical entity whereas bitcoin is just digital currency.

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October 23, 2017, 07:29:48 PM
 #1379

In my opinion the only difference between gold and bitcoin is that gold is very hard to earn while bitcoin can be earned if your going to work online or invest. But the advantage of bitcoin is, The value is increasing as the time goes by so i think that bitcoin is better than gold.

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October 23, 2017, 07:54:47 PM
 #1380

No and never. Gold is a physical thing and it's not only have material value but also spiritual value. Beside used to trade gold can be used to make jewelry to make up for everyone. But Bitcoin only used to trade and purchase and it's can be used worldwide like gold cause it's not legalized worldwide. Maybe in the near future cash can be replaced by Bitcoin but Gold will never be I think so.

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