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Author Topic: So Bitcoin is better than Gold?  (Read 52659 times)
markj113
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July 08, 2017, 08:44:24 PM
 #441

I think we should not compare bitcoin and gold, because they have no in common, their nature is different, and they have their own value. Only idiots talk about this.
That’s extremely true. There’s no comparison of bitcoins with gold. Bitcoins are virtual diamonds. They are more valuable than gold. There are innumerable advantages of bitcoins over gold. Bitcoins have bright future, they are decentralized, global currency and safer than gold. Gold won’t disappear forever but obviously its usage will become less in near future.

Can you explain why countries like Russia & China are hording gold yet every government, central bank or major financial institution couldnt give a shit about bitcoin.

Some are interested in blockchain technology but not bitcoin.

I still stick to my theory that we are all just beta testers for the tech, when the central bankers decide to move to a cashless society and blockchain technology then bitcoin and other crypto currencies will get outlawed and those that get caught using it will face harsh penalties.

There is money to be made in the short term but I wouldnt bet my retirement fund on it.





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July 09, 2017, 02:05:31 AM
 #442

So Bitcoin is better than Gold? Roll Eyes
They are different, gold has been around for so long that it has such a huge advantage over bitcoin in terms of acceptance that it may be difficult that bitcoin ever gets to achieve that level of adoption, however bitcoin give us the chance to earn money quickly for the simple reason that many people are discovering this new technology and investing in it and with it the price will tend to go up.
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July 09, 2017, 02:59:33 AM
 #443

So Bitcoin is better than Gold? Roll Eyes
i'm not sure about it, for now maybe yes. but we don't know about something happen to it tomorrow.

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July 09, 2017, 03:13:30 AM
 #444

I think bitcoin is better than gold.As bitcoin selling & buying is just like share market.Therefore gold has no prrofitable price month to month,year to year.But you can sell bitcoin in a day. Because It is possible to raise or reduce the price of bitcoin.Thank you.

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July 09, 2017, 03:19:08 AM
 #445

There's no doubt in that, bitcoin is better than gold when it comes to the increased growth percentage as well profiting whereas with gold people get an security as it has got the universal acceptance as a commodity and as digital asset that can be used for investment and different purposes. It took years and years to reach the current value, but the same price was surpassed by bitcoin in around 9years time.


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July 09, 2017, 06:36:30 AM
 #446

Yes, bitcoin is better than anything not only gold, Bitcoins cost is day by day increasing. so many investors are ready to buying bitcoins. earlier they invest on gold. But now they are thinking better to buy Bitcoin.
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July 09, 2017, 07:41:20 AM
 #447

Btc very good. right. But gold is also good and can not be compared btc better than gold or gold better than btc because this simply depends on the purpose of our use. Can not say btc is suitable for an old man who is not good at internet and does not care much about the profit he makes. Conversely, we can't say that gold  is better than btc ... each has its own strengths and weaknesses. We can only compare them with the same characteristics,  not compare such as compare the climbing ability of monkeys and fishes.


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July 09, 2017, 07:43:05 AM
 #448

you can buy gold with bitcoin but you cant buy bitcoins with gold.. so BTC is more precious Cheesy
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July 09, 2017, 07:46:34 AM
 #449

Yes, bitcoin is better than anything not only gold, Bitcoins cost is day by day increasing. so many investors are ready to buying bitcoins. earlier they invest on gold. But now they are thinking better to buy Bitcoin.
that is right bitcoin is better than anything else. bitcoin providing a lot of opportunities to use to make money that we cannot get from anything else, even not possible from gold, because gold is so stable that there is always a very slight and negligible increase and decrease  in the price of Gold, therefore we cannot expect a big profit from Gold. Currently bitcoin is the only choice through which we can get a big profit.
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July 09, 2017, 07:47:08 AM
 #450

Obviously bitcoin is better than gold because bitcoin prices are higher than gold.

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RichardThessen
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July 09, 2017, 07:55:08 AM
 #451

The Bitcoin Investment Trust Shares have almost tripled in value in the last twelve months, gaining more than 30 percent in the last three months alone. Meanwhile, SPDR Gold shares are down 3.78 percent in the last twelve months and up 4.49 percent in the last three months.
nexttime
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July 09, 2017, 09:52:52 AM
 #452

I think bitcoin is very valuable, very profitable for people who are doing business with it .. there are times significant value added. Very high profits are even higher than gold .. but its value is not stable. not safe
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July 09, 2017, 10:02:02 AM
 #453

I think bitcoin is very valuable, very profitable for people who are doing business with it .. there are times significant value added. Very high profits are even higher than gold .. but its value is not stable. not safe

It will not be stable if we calculate from monthly profit, just like gold, if we think of investment then the calculation will be equal to gold for one year. Bitcoin trend increases almost 5 times the rise in gold prices, and we need to upgrade about our confidence in bitcoin, maybe a few more years bitcoin will be more equal when compared to real estate, away from gold.

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July 09, 2017, 10:02:28 AM
 #454

For speculate, bitcoin is more advantageous because of its very high volatility. Whereas, investing in gold very slow. Gold investment very profitable for long term..
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July 09, 2017, 10:51:41 AM
 #455

bitcoin is better than gold,gold is investment purpose only.bitcoin works like a bank,we can do transaction sending and receiving money also.it has security  also.it work like an asset and money also.
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July 09, 2017, 12:31:07 PM
 #456

So Bitcoin is better than Gold? Roll Eyes
I can say that bitcoin is way more better than gold when it becomes to uses. Bitcoin can be transact easily and less hassle with just a press of your fingers. Gold in other hand, are hard to send or receive because it's heavy. But when it becomes to investment they are both good, but bitcoin is the future, the value of it will always be higher than gold. And it can work lile banks of real money and thats gold cannot do.

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July 09, 2017, 12:55:27 PM
 #457

Bitcoin is better than gold in some degree because of its rapid growth, but gold is in the real world, and this is its advantage over bitcoin. So it is better to keep funds in both types.

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July 09, 2017, 12:57:55 PM
 #458

Obviously bitcoin is better than gold because bitcoin prices are higher than gold.
Yes you rae right bitcoin is more better than gold and also bitcoin price is very high. And if we invest money in both  bitcoin and gold, bitcoin can give more profit for us, because the bitcoin price is increasing day to day and the gold price in not increase by daily its price is increase by monthly or yearly.

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July 09, 2017, 04:12:14 PM
 #459

Bitcoin is better than gold in some degree because of its rapid growth, but gold is in the real world, and this is its advantage over bitcoin. So it is better to keep funds in both types.


Is rapid growth really better than stabilization? Bitcoin is still very jumping:

The price of gold ounce varies on average by a few dollars per mont. Bitcoin on average in hundreds of dollars. Yes, Bitcoin, but investment for a short time. Gold is still profitable for long investment.

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July 09, 2017, 11:47:10 PM
 #460

So Bitcoin is better than Gold? Roll Eyes
For me, yes it is better than gold. Whe it becomes in uses, you cannot buy things using golds anymore. You need to exchange it, and it is not easy to exchange, not like bitcoins, it can be transact using mobile phones and buy things online, convert it on a real money easily. And that better for me.

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