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Author Topic: So Bitcoin is better than Gold?  (Read 51630 times)
pushups44
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August 08, 2017, 03:53:49 PM
 #661

As I said before, bitcoin and gold share very similar properties, in the sense that they are finite with very steady (small) inflation. Both are a hedge to the risks of currency devaluation. Bitcoin is simply a digital version of gold, though gold has a much longer history as money and unlike bitcoin is tangible. Because gold is tangible, it is (IMO) the ultimate safe-haven asset. I see no reason why investors can't have both as insurance against a financial collapse.

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August 08, 2017, 04:11:55 PM
 #662


IF I had 1 tonn of gold right now,right here:)....
I'll exchange every unce  immediately on BTC...Smiley







This is the best thing you would do. Same i have already done. I have 1 kg of Gold and i have already sold it for Fiat and convert that fiat into bitcoins. This is the right move. Although it has some risk involved, (if bitcoins crashes hard etc) but then chances of loss are less and Risk takers are the once who really earn big.

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August 08, 2017, 04:48:57 PM
 #663

A very high level of trust among investors make bitcoin soaring. Because trust creates something to be (very) valuable. Bitcoin maybe very good investment option this year, but we dont know what will happen next year or 10years on bitcoin. I make bitcoin as an investment option for shortterm. And gold my choice to saving.

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August 08, 2017, 05:35:02 PM
 #664

Gold is good asset from many past years,bitcoin is new trend of the asset and many features also like the money.if we want to send the bitcoin to friends it is very easy,no need to depend on the any bank.so bitcoin is better than gold.


for us which join into bitcoin world, I think we choose bitcoin than gold because we are enjoy to stay with bitcoin and although with bitcoin and gold, we can make money but choosing bitcoin is the best thing that we can. but I know for people which have money, they will buy bitcoin and gold together and make as their long term investment.
It is nice to invest into variety of things in order to have secure future. Gold have been mode of investment for many years but now it is an era of digital world and it is wise to invest into digital currencies that are trending in market nowadays. Bitcoin has clearly replaced gold as a long term investment because Bitcoin can pay you off with great profit in short time which is not possible for gold.
- Yeah, future trends are digital currency and almost everyone chooses bitcoin because profit of Bitcoin is better than gold, Bitcoin receives strong support from the community, and the potential of Bitcoin really convince investors and users. In addition, gold has been the past, profit from gold is quite low and the potential of gold in the future is still a big question, so many people want to abandon it and seek a new investment destination, and Bitcoin is that new investment

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August 08, 2017, 05:46:02 PM
 #665

Gold is good asset from many past years,bitcoin is new trend of the asset and many features also like the money.if we want to send the bitcoin to friends it is very easy,no need to depend on the any bank.so bitcoin is better than gold.


for us which join into bitcoin world, I think we choose bitcoin than gold because we are enjoy to stay with bitcoin and although with bitcoin and gold, we can make money but choosing bitcoin is the best thing that we can. but I know for people which have money, they will buy bitcoin and gold together and make as their long term investment.
It is nice to invest into variety of things in order to have secure future. Gold have been mode of investment for many years but now it is an era of digital world and it is wise to invest into digital currencies that are trending in market nowadays. Bitcoin has clearly replaced gold as a long term investment because Bitcoin can pay you off with great profit in short time which is not possible for gold.
- Yeah, future trends are digital currency and almost everyone chooses bitcoin because profit of Bitcoin is better than gold, Bitcoin receives strong support from the community, and the potential of Bitcoin really convince investors and users. In addition, gold has been the past, profit from gold is quite low and the potential of gold in the future is still a big question, so many people want to abandon it and seek a new investment destination, and Bitcoin is that new investment
yes that is right that the trend of using online currency is now increasing from time to time, in fact people are now using bitcoin for trading and investing purposes and making good profit form it, even those people who were mostly investing their money in gold now they are also taking risk and investing their money in bitcoin for making more and quick profit.

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August 08, 2017, 06:03:10 PM
 #666

Investing in bitcoin provides growth very quickly rather than investing in gold. And in my opinion, it's worth the risk. Bitcoin fluctuates very aggressively, while in gold. Current a pretty deep decline, and it takes quite a while to ride.

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August 08, 2017, 07:50:39 PM
 #667

Regarding the value of bitcoin today, Bitcoin is now better than gold. But gold is physical and bitcoins not so they are both valuable and that dont need to be compared.

Well for me, I could say that both has its own advantages and disadvantages. First for bitcoin,it is better than gold because it has higher value now and you can use it on any transactions and payment online, meaning more easier to liquidate than gold. However, Gold can be better than bitcoin in terms of its tangibility. It is physical and you can really touch it and hold it and you can be sure that it will not be stolen once kept in a safety place. And of course gold is a luxury, you can wear your investments and look good on it. Unlike bitcoin that its all digital, if you're the most unlucky guy and some hackers or virus crash your e-wallet, then your bitcoin are just lost in seconds.. So if you have both then you're the luckiest!

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August 08, 2017, 08:17:11 PM
 #668

I had been watching too much discussion about comparisons between Bitcoin and Gold and couldn't resist to dive in.
Actually Bitcoin is an investment asset and Gold is the same, but Gold had been there since ages and Bitcoin is started recently so I don't think both should be compared as Gold is available handy whereas Bitcoins are intangible as well as virtual. Bitcoin is an appreciating asset if we see the records and has set new records against anything ever seen even in the stock markets, has left Gold way behind the picture.

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August 09, 2017, 08:32:02 AM
 #669

I had been watching too much discussion about comparisons between Bitcoin and Gold and couldn't resist to dive in.
Actually Bitcoin is an investment asset and Gold is the same, but Gold had been there since ages and Bitcoin is started recently so I don't think both should be compared as Gold is available handy whereas Bitcoins are intangible as well as virtual. Bitcoin is an appreciating asset if we see the records and has set new records against anything ever seen even in the stock markets, has left Gold way behind the picture.
this is true, we must really research the difference between a virtual money and a real money, and i agree that gold has been there since ages, and bitcoin is still infant as of now, declaring that bitcoin is better than gold is really unimaginable, we must not compare it and say bitcoin is better because of bitcoin's value
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August 09, 2017, 09:44:12 AM
 #670

So Bitcoin is better than Gold? Roll Eyes
I think in the future bitcoin will be better than gold because I know that the price of bitcoin will rapidly increasing. 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. Now a day many people prefer to use the bitcoin because it’s very to use. I think both of them will increase the price in the future.

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August 09, 2017, 09:57:09 AM
 #671

So Bitcoin is better than Gold? Roll Eyes
I think in the future bitcoin will be better than gold because I know that the price of bitcoin will rapidly increasing. 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. Now a day many people prefer to use the bitcoin because it’s very to use. I think both of them will increase the price in the future.
Why in the future? Bitcoin is already better than gold. Bitcoin is generally better than any other investment projects. If you receive a lot of offers to earn bitcoins the popularity it will be even greater. Gold is the investment of the past and bitcoin investment for the future.
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August 09, 2017, 10:02:12 AM
 #672

If we compare sugar to salt, its not even compirable at any level. When gold and bitcoin been always compared to each other it is not even relevant. Bitcoin is a currency in a virtual world while gold is a resource in a real world. But let their existance be an oppurtunity in both side. Gold or Bitcoin when you can even choose both.
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August 10, 2017, 04:38:21 AM
 #673

So Bitcoin is better than Gold? Roll Eyes
Definitely,bitcoin is better than gold in many aspects.Bitcoin has given very huge returns to its investors in a short duration of time unlike gold.Bitcoins could be easily transferred to any parts of world immediately unlike gold.Bitcoins could be also used for buying products unlike gold.Thats why bitcoin is termed as digital gold.

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August 10, 2017, 04:43:13 AM
 #674

So Bitcoin is better than Gold? Roll Eyes
Definitely,bitcoin is better than gold in many aspects.Bitcoin has given very huge returns to its investors in a short duration of time unlike gold.Bitcoins could be easily transferred to any parts of world immediately unlike gold.Bitcoins could be also used for buying products unlike gold.Thats why bitcoin is termed as digital gold.

Gold is only limited to asset adjustments and significant indirect price fluctuations, this condition is very much different from bitcoin, the owner of gold is not anonymous so all ownership is very clear and accountable, but in terms of daily income I prefer with Bitcoin


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guoyu78
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August 11, 2017, 07:46:10 AM
 #675

So Bitcoin is better than Gold? Roll Eyes
Definitely,bitcoin is better than gold in many aspects.Bitcoin has given very huge returns to its investors in a short duration of time unlike gold.Bitcoins could be easily transferred to any parts of world immediately unlike gold.Bitcoins could be also used for buying products unlike gold.Thats why bitcoin is termed as digital gold.

Gold is only limited to asset adjustments and significant indirect price fluctuations, this condition is very much different from bitcoin, the owner of gold is not anonymous so all ownership is very clear and accountable, but in terms of daily income I prefer with Bitcoin
Bitcoins are far better than gold. Gold does not possess features like security and is cause of continuous threat to his owner because it does not provide anonymity. Whereas, Bitcoins do not only give its holder a high level of safety and anonymity but it is also easy and fast to use Bitcoins have decentralized nature and can be transferred in any part of the world in moments. Last but not the least; it is a way to earn huge profits.

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August 11, 2017, 08:05:04 AM
 #676

So far bitcoin is really on it's prosperous year the value is still increasing and investments really have a good returns. But for me gold is still better than bitcoin because unlike bitcoin the value of gold has been established in the market and I think theres no such way for it to lose it's value unlike bitcoin it's unpredictable maybe today it is really high but after few more days or weeks it can crash and the value it has today

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August 11, 2017, 09:37:46 AM
 #677

Quite a complicated question. You can not expect from gold such a fast and big profit, as from Bitcoin. But as for me, gold is still more reliable. We do not know what the future will be for crypto currency. But gold is practically an eternal currency, for all times and countries.
If you want stable investment guarantees, then it's better to choose gold. But at the moment, bitcoin is more profitable.

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MoneyIsDebt
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August 11, 2017, 10:49:44 AM
 #678

A very high level of trust among investors make bitcoin soaring. Because trust creates something to be (very) valuable. Bitcoin maybe very good investment option this year, but we dont know what will happen next year or 10years on bitcoin. I make bitcoin as an investment option for shortterm. And gold my choice to saving.
gold is never been an option of investing for me. i think bitcoin is way better option than old or anything else for me for long term. yeah gold is a good option for saving money and to save for a short term but if you wants to make profit as well as to save money you must have to consider bitcoin as a option for it.
if you are interesting in trading as well then there many altcoin as well which you can use for that purpose.

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August 11, 2017, 11:31:19 AM
 #679

Quite a complicated question. You can not expect from gold such a fast and big profit, as from Bitcoin. But as for me, gold is still more reliable. We do not know what the future will be for crypto currency. But gold is practically an eternal currency, for all times and countries.
If you want stable investment guarantees, then it's better to choose gold. But at the moment, bitcoin is more profitable.

I don't think that, people are traditionally investing into the gold and they trusted gold as it is generating sure shot profit in the long run. On the other hand government have control over the gold so its a safe investment. Bitcoin is a decentralized currency and no one is responsible to monitor and regulate it. Though it has touched all time high value, there is always risk involved as there is a huge volatility around bitcoin prices. So gold will always have an upper hand over the bitcoin.

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August 12, 2017, 07:52:05 AM
 #680

But what if the Internet will disappear someday? What will happen to our money if it stops working? This question scares me. And it exposes that gold is a more reliable currency. Although it is not as profitable as bitcoin.

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