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Author Topic: So Bitcoin is better than Gold?  (Read 47040 times)
CoinFoxs
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May 29, 2017, 10:07:09 AM
 #261

At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.

Exactly gold is way much better than bitcoin because if we compared two of them on the basis of stability, gold always win and best source of investment with less risk. As we all see few days back bitcoin drop from 2700$ to 1900$ which is very big loss for those who bought bitcoin at 26-27 hundred $. So i always prefer gold over bitcoin.

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May 29, 2017, 11:05:22 AM
 #262

At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.

Exactly gold is way much better than bitcoin because if we compared two of them on the basis of stability, gold always win and best source of investment with less risk. As we all see few days back bitcoin drop from 2700$ to 1900$ which is very big loss for those who bought bitcoin at 26-27 hundred $. So i always prefer gold over bitcoin.
The answer would depend on who you are asking. If you ask a trader who is looking to make quick gains, I think the obvious answer at the moment is bitcoin. Even in the short term, bitcoin has been performing better, but if we are to look at the overall stability and value, then no doubt, gold would win over bitcoin. Better to just have the best of both worlds as the two of them have had great value compared to other investments available.


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May 29, 2017, 11:31:17 AM
 #263

Gold will always have its value on the market, while BTC is not 100% stable. However BTC is growing fast and starting to get its place at official currency list in some countrys why it will probably grow even more.
So gold is safer, but with BTC you have more options to make it worth your wild. Smiley

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May 29, 2017, 11:48:44 AM
 #264

Bitcoin is better than gold if you are looking for a profit which is fast in bitcoin and if you want a new currency then bitcoin is better than gold and there is already a lot of improvements for bitcoin which makes it even better.

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May 29, 2017, 12:27:58 PM
 #265

So Bitcoin is better than Gold? Roll Eyes
Yes, for me bitcoin is better than gold. Even there is no physical on bitcoin, many investors wanted to invest bitcoin because they know that they will really earn profit on it. There is a huge different between bitcoin and gold now so it's not good to compare bitcoin in gold because gold is so far to reach bitcoin.

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May 29, 2017, 12:52:41 PM
 #266

Bitcoin can be transferred to other countries in two to ten minutes
Gold can't
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May 29, 2017, 01:10:54 PM
 #267

So Bitcoin is better than Gold? Roll Eyes

In some sense yes. Gold and diamond are unfairly distributed. BTC can be fairly distributed.
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May 29, 2017, 02:30:55 PM
 #268

So Bitcoin is better than Gold? Roll Eyes
I'm not sure Bitcoin is better than gold, but I realize that some of the benefits that Bitcoin can bring that gold can not do is that you can not use gold to pay but Bitcoin does. Besides, Bitcoin helps me to make more money while gold is not possible. If gold last month instead of you invest in gold that invest in Bitcoin then you probably now become billionaire then. Finally, it is undeniable that gold is very stable so investing in gold is not a bad decision. Grin;D;D
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May 29, 2017, 02:46:29 PM
 #269

I think this is an issue of personal preferrence, some prefer the solid cold, more stable gold while others prefer the digital more volatile BTC, Regarding price comparison, BTC is worth more than gold's oz now, but the stability and the different principles is that broad that comparing them two is meaningless.
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May 29, 2017, 02:48:11 PM
 #270

At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.

Exactly gold is way much better than bitcoin because if we compared two of them on the basis of stability, gold always win and best source of investment with less risk. As we all see few days back bitcoin drop from 2700$ to 1900$ which is very big loss for those who bought bitcoin at 26-27 hundred $. So i always prefer gold over bitcoin.
IF you are scared of losing money, I suggest you should never be here, buy as much gold as you want and wait for the price to go up lol. Bitcoin is a revolution to the world, it is new and we have to accept the price need to go up and down


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June 07, 2017, 02:08:46 PM
 #271

In my own opinion, not necessarily. Both have its advantages and disadvantages. In some points, the other is better than the other. For example, bitcoin is better in terms of supply since its supply is fixed and known by everybody and not inclined to suffer disinflation. While gold can overproduce and lessen its value. But Bitcoin’s downfall can also be attributed to its medium. Not all government can be welcoming to this new currency and can shut down the internet in their country using “safety” or some other shit as an excuse. Or it can be a real hassle if you are in a middle of transaction when there’s a sudden blackout. And gold doesn’t really suffer these technological problems and cannot be disrupted by weak wifi connection. Or maybe Bitcoin can overthrow gold or maybe they can co-exist together, or maybe Bitcoin is becoming better than gold.

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Aztek
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June 07, 2017, 02:15:04 PM
 #272

So Bitcoin is better than Gold? Roll Eyes
I think this question is asked many times here. But to tell you, bitcoiners will say bitcoin is better than gold because they know its benefits, other people will say gold is better because they think bitcoin is a scam. But both have its own capabilities and limitations. Gold is more established and stable than bitcoin while bitcoin is more accessible and secured than gold, they also have different values and usage. It is up to you to pick what is more convenient.

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June 07, 2017, 03:24:02 PM
 #273

Bitcoin is a functionally refined form of gold. Choosing the bitcoin investment, you have a guarantee that your savings will not be lost because of the devaluation, you can be sure that the state will not be able to access your account in any way.
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June 07, 2017, 03:45:58 PM
 #274

Bitcoin has same function as gold in terms of storing wealth. Bitcoin is a modern investment instrument, more practical because it doesn't need a strong or big place like investing in gold.


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Cofee.BLUE
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June 07, 2017, 04:23:35 PM
 #275

Of course when it comes to transfering.Bitcoin is way much better than gold because you can transfer it all over the worlds in just a short period of time.And it is impossible for golds to do that because it is an actual material that needs to be transferred by the use of different vehicles.Unlike bitcoins that just needs internet.

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June 07, 2017, 05:27:20 PM
 #276


Of course when it comes to transfering.Bitcoin is way much better than gold because you can transfer it all over the worlds in just a short period of time.And it is impossible for golds to do that because it is an actual material that needs to be transferred by the use of different vehicles.Unlike bitcoins that just needs internet.

yes you are right bitcoin is better than gold in term of transferring that bitcoin can be transfer very easily as compare to gold but not only this benefit bitcoin is offering, actually bitcoin is offering something new and more beneficial like in term of investment the bitcoin investment is more profitable as compare to gold because of increasing price and also the other benefit is that bitcoin is more safe as compare to gold in terms of security.

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June 07, 2017, 06:00:37 PM
 #277

If someone were to give me say, $10K US and said, "This is all yours, but you have to use it all today to buy either gold or bitcoin and hodl whichever one you buy for at least 20 years." I personally would buy bitcoin. My decision would be based on risk-reward. Sure, gold has relatively and significantly much lower risk than hodling bitcoin as pointed out in many above posts. However, the potential reward as far as future value of that $10K worth of bitcoin today is much, much more higher than that of gold - just my amateur humble opinion, of course. And if it were my own $10K that I earned, I would still choose bitcoin for the same reasons.
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June 07, 2017, 08:01:19 PM
 #278

So Bitcoin is better than Gold? Roll Eyes
Yes, for me bitcoin is better than gold. Even there is no physical on bitcoin, many investors wanted to invest bitcoin because they know that they will really earn profit on it. There is a huge different between bitcoin and gold now so it's not good to compare bitcoin in gold because gold is so far to reach bitcoin.
yeah right bitcoin is very better than gold and also more secure as compare to gold, through investment in bitcoin your money in very increase and more profitable in just a minimum time because the price bitcoin is increased day by day, suppose and you have invested money in gold your money is not increase in short time they can take a long time so for me bitcoin is more better than gold.

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June 08, 2017, 12:28:01 PM
 #279

So Bitcoin is better than Gold? Roll Eyes
Bitcoin has almost left gold in the dust.
When gold price rises,the supply of gold can be expected to increase by mining more gold.Hence the price of gold will not increase more.
But even when bitcoin price increases,the supply is limited and remains the same.So its value would increase more.
Bitcoin could be transformed from one part of the world to other within minutes at a lower cost.But we could not even imagine that gold could be done so.
The increasing distrust of national currencies have pushed people towards bitcoin and not towards gold.
So in most aspects,Bitcoin is better than gold.
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June 08, 2017, 12:40:01 PM
 #280

So Bitcoin is better than Gold? Roll Eyes
Bitcoin has almost left gold in the dust.
When gold price rises,the supply of gold can be expected to increase by mining more gold.Hence the price of gold will not increase more.
But even when bitcoin price increases,the supply is limited and remains the same.So its value would increase more.
Bitcoin could be transformed from one part of the world to other within minutes at a lower cost.But we could not even imagine that gold could be done so.
The increasing distrust of national currencies have pushed people towards bitcoin and not towards gold.
So in most aspects,Bitcoin is better than gold.

Bitcoin is better than that where there is an opportunity to connect to the Internet. Because of its unstable prices, most people still prefer to invest in gold.

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