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Author Topic: So Bitcoin is better than Gold?  (Read 48143 times)
subSTRATA
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August 25, 2017, 07:23:11 AM
 #841

Honestly we have to admit that for now bitcoin is better than gold, we can compare profit level if bitcoin investment, only in 3 months can get profit up to 30% while gold not more than 3%.
better is a loose term in this comparison. gold has a long established history of holding its value (for the most part; gold isn't without its price fluctuations), but bitcoin has a history of being volatile. this can immensely benefit investors as we see now, but the reverse is true; just look at what happened after mtgox.

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August 25, 2017, 08:15:29 AM
 #842

Gold is better than bitcoin for investment but i'd like bitcoin more than gold because more easy to find bitcoin than gold and bitcoin more easy to spend

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August 25, 2017, 08:18:53 AM
 #843

Bitcoin might be more expensive and more trending than gold but definitely this does not mean that bitcoin is better than gold.  They have different characteristics and usage.  They also are good to use as store of value, others may say that bitcoin is better than gold in terms of store of value because of its ever increasing price value but think about the volatility, there is no assurance that bitcoin will stay or keep in increasing in value.  Aside from that Gold is good in industrial actitivities, coating in chips and other electronic items.  So I guess it is hard to tell in general view which one is better.

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August 25, 2017, 08:46:31 AM
 #844

Gold is better than bitcoin for investment but i'd like bitcoin more than gold because more easy to find bitcoin than gold and bitcoin more easy to spend

Both is good but I don't think gold is better investment than bitcoin because bitcoin value is way higher than gold and the value of btc is always rising while gold price movement takes time.
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August 25, 2017, 08:50:16 AM
 #845

Gold is better than bitcoin for investment but i'd like bitcoin more than gold because more easy to find bitcoin than gold and bitcoin more easy to spend

Yes you are right it is more easy to spend bitcoin as compare to gold and bitcoin is also better than other altcoin not only gold, because gold has not high price and bitcoin price is going very high day by day, its value is very high.

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August 25, 2017, 09:39:17 AM
 #846

I think Bitcoin is Better than Gold, not only gold but also any other thing. And Gold is also good. But personally, I love Bitcoin. But Bitcoin has some disadvantage too. Bitcoin is not legal all over the world. But Gold is legal all over the world. But Bitcoin can make a men's life comfort. I hope Bitcoin will cross all other valuable things soon.

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August 25, 2017, 02:45:47 PM
 #847

True bitcoin is much better than gold and also safer when compared to gold, through investing in bitcoin your money in a very profitable and incremental way for a while at least because bitcoin prices increase day by day.
For me bitcoin is better than gold.
I am not agree with your point of view because for me bitcoin is much better than gold the price of the bitcoin is very high and it is still growing and other thing that if you will keep your bitcoin in a hardware wallet you can keep your bitcoin secure for life time but in gold you cannot keep it for so long because any one anytime can steal it from you and you cannot carry your gold along with you outside it can going to be snatched by the street robbers but bitcoin is your property that no one can ever snatch from you ever.

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August 25, 2017, 02:51:03 PM
 #848

So Bitcoin is better than Gold? Roll Eyes
In my opinion, Gold is still better than Bitcoin. Given the fact that bitcoin is more profitable, has higher market value, has higher market capital, and othe advantages but still, Gold has a more stable market value than Gold. It is important, which is why countries are still using it for some transactions for a long period of time. It also has a physical value and Bitcoin doesn't. Gold, in my opinion is better foe long time investments.

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August 25, 2017, 06:14:54 PM
 #849

Right, bitcoin is better than gold because bitcoin is easier to access by anyone and can buy / hold bitcoin anywhere, doesn’t matter how much you have to invest, Gold may be more stable from month to month but for now Bitcoin Prices also Increased in a less time that it may be better than gold

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August 25, 2017, 10:52:38 PM
 #850

Honestly we have to admit that for now bitcoin is better than gold, we can compare profit level if bitcoin investment, only in 3 months can get profit up to 30% while gold not more than 3%.
Yes bitcoin has left gold much behind. There was a time when the person who had gold was thought to be rich but bitcoin has passed it. In past people use to say that bitcoin is like that. And now see where bitcoin stands and where gold stands. And mark my words, a time will come when people will start saying that bitcoin is like diamond and after that there will be a time come when same people will admit that bitcoin is even better than diamond.

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August 25, 2017, 11:11:11 PM
 #851

Right, bitcoin is better than gold because bitcoin is easier to access by anyone and can buy / hold bitcoin anywhere, doesn’t matter how much you have to invest, Gold may be more stable from month to month but for now Bitcoin Prices also Increased in a less time that it may be better than gold
And yes as the time passed most probably bitcoin is the one would be choose by the people cause it is much profitable to access and to get than gold but in really the value would never be changed the gold will be higher than bitcoin.

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August 25, 2017, 11:27:39 PM
 #852

As of now bitcoin is good to invest for yoir money because the price of bitcoin continue to increase and it will increase more in the next few years for sure. Byt if you want to earn a lot of money in the future you can invest alsp your money in gold and you will earn a lot of money after decade and your money is safe because tbe price of gold decrease slowly but increade also slowly.

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August 25, 2017, 11:36:01 PM
 #853

In my opinion, judging from the current bitcoin price, of course bitcoin is more valuable than gold, but maybe how to get bitcoin is quite difficult rather than gold, and that is proportional to the bitcoin price.

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August 25, 2017, 11:39:44 PM
 #854

In terms of availability, gold is still superior compared to bitcoin. Gold has been around since time immemorial, and the total market capitalization dwarfs bitcoin. The amount of gold in a country STILL determines its economic power and wealth. You cant really use tge price as a consideration for 'the best'. People arent so speculative on the price of gold; we established a reasonable price basis a long time ago.

Bitcoin remains the number one crypto. But just not superior to gold Wink

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August 26, 2017, 02:00:45 AM
 #855

for currently yes, but i not sure bitcoin can survive for hundreds years from now, but the gold will survive until this world end. I recommend to use bitcoin 75% and 25% for gold.
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August 26, 2017, 07:12:13 AM
 #856

Bitcoin is better than gold because you can send it across the world, its infinitely divisible because its digital, and its more liquid than gold. Also its easier to securely store gold. And you cant carry around billions of dollars in gold safely but you can with bitcoin.

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August 26, 2017, 11:10:23 AM
 #857

I just ate at a restaurant and bought a salad for around 18$ and just to take this in perspective silver is around 17$ now (I know this isn't gold but gold and silver are closely related).

Silver takes a lot more work to get out of the ground then a salad, I think silver/gold has a lot of potential in the future but who knows I might be wrong.
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August 26, 2017, 11:19:05 AM
 #858

So Bitcoin is better than Gold? Roll Eyes
In some aspects, it is. The market capital of Bitcoin is way high than the market cap of Gold. Indeed, Bitcoin's rate of increase in terms of market value is high. But still, it is volatile. Its price oftenly decreases but eventually increases. Which is on this aspect Gold is better. Gold has a physical value and also, a more stable market value. If bitcoin will have a stable price, it will be better in gold in all aspects, in my opinion.

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August 27, 2017, 03:01:02 PM
 #859

for currently yes, but i not sure bitcoin can survive for hundreds years from now, but the gold will survive until this world end. I recommend to use bitcoin 75% and 25% for gold.
Bitcoin will breathe as far as the internet is breathing and I think internet will live till the end of our planet. Hence, Bitcoins will survive. It is also a better asset than gold. The owner can make fast transactions to any part of the world in case of emergency but gold does not give us this facility. Bitcoins beat gold in countless ways.

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doothewop
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August 27, 2017, 03:05:45 PM
 #860

It seems like you're putting a lot of trust in infrastructure when you invest
in Bitcoin as opposed to gold. You need Internet and electricity to run your
wallet and to stay current with the blockchain. Not to mention the whims
of legislators having to do with BTCs status of currency vs asset vs whatever
else.  For something that is supposed to be independent of government oversight
and control, it's entirely too dependent on it to exist. When people are hoarding
gold as a hedge, they're thinking, (in some cases), of apocalypse type situations.

When there's no electricity, what then is the value of any crypto?

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