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Author Topic: So Bitcoin is better than Gold?  (Read 52711 times)
andrei56
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August 19, 2017, 05:17:12 AM
 #781

Not really that bitcoin is better than gold,but many people says and also Bilgates says that bitcoin is compared to gold brecause of its price and value that is very high when you trade or transfer it to a money,bitcoin is very usable and easy to use unlike gold that you will cange it to a money before you use it,but in my research that says bitcoin is more usable or rather cryptocurrency.
i think different people have different people about bitcoin. for be bitcoin is too much better that gold in the sense that bitcoin can give us a good proft that is not possible from gold  but gold is also good in the sense that we can keep safe our assets for a long time.

I never considered gold as an investment object. This is a slow increase for me. I can earn hundreds of times more in a week of trading in crypto currency than when trading in gold
You can earn with gold certificates but you will probably need to leverage your position many times over in order to try to get any decent earnings, bitcoin is way better as an investment and as a trading vehicle by the incredible swings the market can make in a matter of hours compared to any other market in the world.

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August 19, 2017, 05:38:32 AM
 #782

So Bitcoin is better than Gold? Roll Eyes

Bitcoin and gold are 2 different things
Bitcoin its good and can make you rich, but dont have guarantees, because its virtual
Gold is physical, so if you have buyed gold unlike btc, maybe you can sleep quite Smiley
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August 19, 2017, 06:04:58 AM
 #783

gold is a long-term investment because the price of gold was steady but gold is hard to be kept or carried and also very inappropriate for a small transaction while bitcoin is very simple to save, easy to carry and as assets outside the banking system and control the government.
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August 19, 2017, 06:08:09 AM
 #784

For me gold and bitcoin have their own advantages. Now we see from the price point of view. Bitcoin prices do tend to increase quite drastically. But keep in mind the bitcoin goes up because of a request. Different from gold. Gold although not significant increase. But can be sure every year always go up. Demand is increasing

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August 19, 2017, 06:10:54 AM
 #785

So Bitcoin is better than Gold? Roll Eyes

That depends. Bitcoins and gold both have their upsides and downsides. The upsides of the bitcoins are its value, availability, and convenience of usage. Bitcoin is far more available than gold (if you know what I mean). You can just take your seat in front of your computer/laptop, solve some captchas or play some online games with bitcoin prizes, and -- BOOM! -- you'll be able to have you bitcoins. The upsides of the gold is that its usage and value. Gold can be use in so many ways - you can use it as a material in making jewelries, you can sell it and earn money, and more. The only downside of gold is its availability and accessibility. You can't just go out there and pick golds. It takes some effort to mine golds from outside, unlike bitcoins which is more easier to mine (if you have the means). So, for my final verdict, bitcoins and gold are both important in today's society.

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August 19, 2017, 06:14:35 AM
 #786

In my opinion, Bitcoin is better than gold, Bitcoin is like a gold mine in cyberspace that anyone can mine it, but seeing a long-term gold investment would be better than Bitcoin because of an uncertain Bitcoin price.

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August 19, 2017, 06:17:40 AM
 #787

So Bitcoin is better than Gold? Roll Eyes
For now, I don’t know because I never have the chance to hold gold but I think it is better to have bitcoin than gold because the value of gold don’t change but the value of bitcoin increases even your just keeping it. Gold can be rob also but bitcoin is not.

At present situation considering the huge rise of bitcoin price it is better to have them as the price will still rise or you can convert to other altocins as well. Well both gold and bitcoin are as such safe to keep since you can keep bitcoin in offline wallet and so is gold you can hold it in ETF form . So there is no risk as such for storing both of them.

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August 19, 2017, 06:20:35 AM
 #788

For me gold and bitcoin have their own advantages. Now we see from the price point of view. Bitcoin prices do tend to increase quite drastically. But keep in mind the bitcoin goes up because of a request. Different from gold. Gold although not significant increase. But can be sure every year always go up. Demand is increasing
Actually, i think that gold is more useful and useful in the future. Because gold is real shaped, and bitcoin is not. However, to get a lot of profit, it might be better if we do business with bitcoin, because with bitcoin, we can produce gold.

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August 19, 2017, 06:28:29 AM
 #789

For me gold and bitcoin have their own advantages. Now we see from the price point of view. Bitcoin prices do tend to increase quite drastically. But keep in mind the bitcoin goes up because of a request. Different from gold. Gold although not significant increase. But can be sure every year always go up. Demand is increasing
Actually, i think that gold is more useful and useful in the future. Because gold is real shaped, and bitcoin is not. However, to get a lot of profit, it might be better if we do business with bitcoin, because with bitcoin, we can produce gold.

The fact that bitcoin does not have a physical form does not matter. There are many valuable things that have no physical form. That gold, which we buy on the stock exchange, too, we can not touch. For me, bitcoin is much more attractive than gold, because its price is growing rapidly
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August 19, 2017, 06:36:17 AM
 #790

For me bitcoin is the best in arranging the future with it and gold is also good but there are weaknesses of each and its advantages. The nicest is the bitcoin from the other.

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August 19, 2017, 06:55:45 AM
 #791

For now yes, because the bitcoin is the best invesment option than others, everyone know that bitcoin is very profitable, now the price rising and this year will reach $10k
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August 19, 2017, 11:25:07 AM
 #792

I think bitcoin is better than gold because of the fluctuating Bitcoin price movement purely due to the influence of the law of demand and supply. In addition Bitcoin storage media is also relatively safe and can be taken anywhere, which can be stored on your smartphone. While Gold, if we have it in sufficient quantities we may need a safe that must be kept in a secret place so as not to be stolen by others.
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August 19, 2017, 11:52:29 AM
 #793

So Bitcoin is better than Gold? Roll Eyes

Bitcoin amd Gold have a different unique factors that makes it special. If you want and love to take a risk just go to Bitcoin. If you are afraid and doesnt want to take any risk go with the Gold.

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August 19, 2017, 11:55:23 AM
 #794

So Bitcoin is better than Gold? Roll Eyes
In some ways, it is better than Gold. Bitcoin has higher rate of inflation in terms of its market value. It is also easier to convert into fiat compared to Gold wherein you'll need to find a buyer of it. It is just that, Gold has a physical value , and is more stable in terms of market value. Bitcoin is also better than gold because it uses internet connection and related with technology, which is considered as a trend. Bitcoin is still young, yet it has high demand and will expect for more as years are passing by.

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August 19, 2017, 12:01:42 PM
 #795

We all know that gold is very expensive but where can you get gold? You are going to wish that someone just toss a piece of gold on your way? Of course Bitcoin is better than gold, because not everyone can possess a gold but in Bitcoin, internet, knowledge, time and patience you can earn an amount of money.

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August 19, 2017, 12:14:56 PM
 #796

both are separate things.

today price of gold  (XAU) is 1288 USD .
And we have been not seen such big variations in price of gold since 2013.
it has just like stable value through out last  5 years.

Now come on Bitcoins As we know this is Internet and price of bitcoin increases day by day.
but if you see the bitcoin price chart history than there is variations between prices in last 5 years.

So we can't actually know which one is better but now a days trading on bitcoins is profitable than GOLD.


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August 19, 2017, 12:20:06 PM
 #797

At the moment Bitcoin is better investment than gold because you can make biger profit in shorter period of time. But this is not always so and you have to watch both markes carefuly to make decision on investment. Long term speaking gold will always have the value and it will be always good to have some assets in gold.

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Proton2233
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August 19, 2017, 12:22:25 PM
 #798

There is a big difference between gold and bitcoin. They are impossible to compare. For a short period to trade bitcoins is more profitable, but gold is valued since the beginning of human existence, and a real forecast of what will happen to bitcoin in a year no one can give.
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August 19, 2017, 12:25:04 PM
 #799

Yes bitcoin is better than gold, but we cant remove the fact that gold is physical and will remain to the face of the earth unlike bitcoin that you can see it with the use of the internet and Computers.
Still bitcoin can do that gold cannot do.
I think gold is better than Bitcoin because Gold is real and always in the interest of many people, many people use gold to beautify themselves and used for investment.

People around the world know what Gold is but people all over the world only partly some who know about Bitcoin.

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August 19, 2017, 01:20:25 PM
 #800

It's intrinsic value vs subjective value at play here.

All arguments against this price bubble aside, the main difference between gold and BTC is the type of value it represents. BTC is useless except as a store of value, and the price is purely borne on speculation because of this (how can you base a meaningful price on something that isn't real? Hence, subjective value.

The other side of the coin: gold. Gold is a real thing, with real functionality and utility. It's more than just a store of value, it can be used in the various sciences and arts. Most importantly, gold is durable and easy to assay. This lends to its intrinsic value; notice no one is breaking their necks to buy up gold, despite the fact it is a more trusted/established value store.

Kinda put it all in perspective, IMO.
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