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Author Topic: So Bitcoin is better than Gold?  (Read 53395 times)
HasHe
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June 21, 2017, 09:09:01 AM
 #341

So Bitcoin is better than Gold? Roll Eyes
Yes,for sure.Bitcoin could be easily stored in wallets safely whereas gold has to be saved in lockers.Bitcoin could be easily transformed to any parts of world instantly.But gold could not be done so.Bitcoin has given huge returns to its investors whereas gold has not.Bitcoin could be easily sold with just a click to transfer from our wallet to exchanges but gold has to be carried out manually to sell.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Vurwin
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June 21, 2017, 09:14:11 AM
 #342

Gold is so fundamentally different than bitcoin, I think the only relationship between both of them is the fact they are both considered commodities by several government and being investments.  Other than that, the stability, virulence, age and even changes of profit and size of profit are completely different between both of them.
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June 21, 2017, 09:19:56 AM
 #343

So Bitcoin is better than Gold? Roll Eyes


I do not think so while bitcoin is really unstable now gold is extremely stable ever
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June 21, 2017, 09:26:20 AM
 #344

Yes correct, could not be disputed that bitcoin is currently better than gold, it is because the investment is bitcoin's most profitable and it seems until several years into the future bitcoin is better than gold.

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bitllionaire
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June 21, 2017, 11:05:43 AM
 #345

So Bitcoin is better than Gold? Roll Eyes
Gold is for a long term and you can keep it until the next generation but of now i think bitcoin is the best of now because bitcoin is better to get profit even of short term or a long term. So gold and bitcoin are both better.
yes that is right that gold is for long term. you can save gold for long term but there s always chance of stealing your gold, so bitcoin is much better than gold no one can so easily take your bitcoin from you. you just need to keep your key safe.
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June 21, 2017, 11:10:05 AM
 #346

So Bitcoin is better than Gold? Roll Eyes


I do not think so while bitcoin is really unstable now gold is extremely stable ever
in this respect bitcoin is better no doubt, because there are always more chances that bitcoin will give you good profit in short time. while gold is so stable and therefore you cannot expect a good profit from gold even after a long time. therefore to me i think if we select gold it will have more profit as compare to gold. those people who just want to keep safe their assets then they can choose gold.
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June 21, 2017, 11:13:01 AM
 #347

I see it better than gold in the way I use it as an investment, since with the extreme volatility it does bring more chances of making big profit from it, gold is more stable though so if you intend to use it as a storage value of being stable over time then gold should be more suitable as a money-saving investment.
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June 22, 2017, 01:07:43 PM
 #348

So Bitcoin is better than Gold? Roll Eyes
I dont think so. Its still depends on the users. IF you are not a bitcoin users then you can say that gold is better than it especially when you are a gold holder. But if you are a bitcoin holder then you can proudly say that bitcoin is better than bitcoin. But i believe that they are equal and the same as long as it helps me I dont need to compare what is better between the two.
Yes you are right that it depends on the users but mostly people are un aware of bitcoin. It is now the initially stage of bitcoin. Bitcoin had made a remarkable value in market and many businesses are using bitcoin in trade at this time I can say that bitcoin is better than gold and in future everyone will say that.
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June 22, 2017, 02:10:14 PM
 #349

I see it better than gold in the way I use it as an investment, since with the extreme volatility it does bring more chances of making big profit from it, gold is more stable though so if you intend to use it as a storage value of being stable over time then gold should be more suitable as a money-saving investment.
Yes I agree, the fact that can not be denied is the number of users, I dare say 100% people know and accept gold, whereas no more than 10% bitcoin users today.


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June 22, 2017, 03:12:25 PM
 #350

Bitcoin is volatile and gold is stable so if you want to make quick profits and huge one then you should go for bitcoin as it will give you huge profits in quick time which is never possible with gold.
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June 22, 2017, 03:27:53 PM
 #351

The best way is to allocate a certain amount to purchase bitcoins and to all of the profits to buy gold. Then you will be protected from the risk that crypto will be a bubble and burst. Just every time when you buy gold you will reduce your income from the growth of bitcoin. Security costs money.
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June 22, 2017, 04:04:53 PM
 #352

So Bitcoin is better than Gold? Roll Eyes


I do not think so while bitcoin is really unstable now gold is extremely stable ever
true, we cant say that bitcoin now is stable and it will be there for more years, that it would never be gone. but for me, i more like bitcoin, because gold has too much price in the market, people like me doesnt cannot afford to buy gold it is just for rich therefore i more likely want to buy bitcoin even a little satoshi , because it will be huge when the time has come.

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June 22, 2017, 04:05:41 PM
 #353

So Bitcoin is better than Gold? Roll Eyes
Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes






Stop convincing people that bitcoin is better than anything not only gold, I can't afford to buy a single coin ever since price jumped from $1100 to $1800 Sad I didn't realized then but now I'm not telling anyone about bitcoin any more, because I've realized that I've found a gold mine and what an idiot I was to shout about it every where.
Bitcoin becoming mainstream and with 50K transactions per second in the future as we all know is inevitable but we must take advantage while is in infancy stage.

Btw, is it $2000 which you can take cash out of a country when you travel by airplane or was it $10,000?

Well the image clearly answers and I feel it done a brilliant job to answer op question. I have been personally telling my family and friends, to avoid gold and opt for Bitcoins since last September, and boy they did make some good money. As far the third post, you are really confused 😕, just cause it shoot up now you don't like it? So you mean to say, just cause you told people it shot up, wake up Bitcoin world is bigger than the you. Then again let's take advantage why so mixed. Be happy it's growing and keep on telling people, more people more useful for all.
In this question we can see the wider perspective and the big difference of bitcoin to gold. We need to consider things before we can say which is better. In the point that there is difference on the systems and the material given we can conclude that both denominator have their own unique characteristic base on their principle. Like in gold its price and its value is dominantly moved by its stock in the market and rotation of its karat while bitcoin follows the principle of law of price and demand where it develops more than gold.
Chin Cheng
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June 22, 2017, 05:57:27 PM
 #354

Bitcoin is volatile and gold is stable so if you want to make quick profits and huge one then you should go for bitcoin as it will give you huge profits in quick time which is never possible with gold.
There was a time when gold was volatile and there was a rally when the gold reached all time high and there was a big rally with gold than the rest of the investment and now it is the time for bitcoin and we have to embrace the rally and accept the rally ,we might see a stagnant bitcoin at a later time but we have to embrace the rally and ride the rally.
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June 22, 2017, 10:20:40 PM
 #355

I don't really think that there's are two items that can really be compared, it doesn't make any sense in the least. The only currency that I could see this being compared to is going to have to be the other altcoin of ETH as it's one of the trade alt-coins that I'd say is more like gold in the way that many people are using it to hold and trade by not many people are actually using it as CURRENCY which is what Bitcoin is and more are using it along the lines of an asset.

Bitcoin may be better in terms of being a usable gold online, but it really doesn't fit the profile in the least.

It seems to still have not been able to say that bitcoin better than gold, we all know that gold became the size of a country's wealth, so gold will forever be used and accepted, while the bitcoin is still not able to.

Well, that's cause GOLD PRODUCTION can be controlled by governments while Bitcoins 'production' can't.

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June 22, 2017, 10:28:44 PM
 #356

So Bitcoin is better than Gold? Roll Eyes
They only have difference but both are good which is they also had advantage of using it for the they both are. Since the only thing with bitcoin is it is easy to earn it anywhere from internet and youncan send money anywhere from different money even you send millions it will take minutes or hours depends on block gold is also best because its stable price and most of people are beleif that gold is still the one specially husiness owners
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June 22, 2017, 10:54:55 PM
 #357

Recently, there are some advantages that make Bitcoin better than Gold, especially for the millennium generation that understands digital currencies better than baby-boomers. Bitcoin is an easy medium to make payments around the world. But on the other hand, gold has its own advantages as well that can be used as a direct gift, such as jewelry. The policy of choosing to invest with bitcoin or gold is in your own hands.

But, Bitcoin will never be better than Gold. Gold is volatile not like Bitcoin. If the Gold price goes down, It doesn't go down like Bitcoin which loses 100s of dollars at once. The best investment is Gold it always helps you in your hard times. Save it for the future if you have some extra money.
But we also know that the price of gold is around a limited value and it stay at there and we know that the price of bitcoin go up and down but in real it is in the upward direction and in the longer period we notice the price of bitcoin increasing up.
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June 22, 2017, 11:12:23 PM
 #358

Yes correct, could not be disputed that bitcoin is currently better than gold, it is because the investment is bitcoin's most profitable and it seems until several years into the future bitcoin is better than gold.

So just because Bitcoin offers people far greater returns, it is automatically better than gold? Both Bitcoin and gold are so much more than just an asset that goes up and down in value to nurse people's greed. If you provided solid arguments that prove Bitcoin is really better in terms of its features, I would likely agree since Bitcoin is indeed better in terms of usability and feature wise, but you only show how short sighted you are....
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June 22, 2017, 11:28:39 PM
 #359

Recently, there are some advantages that make Bitcoin better than Gold, especially for the millennium generation that understands digital currencies better than baby-boomers. Bitcoin is an easy medium to make payments around the world. But on the other hand, gold has its own advantages as well that can be used as a direct gift, such as jewelry. The policy of choosing to invest with bitcoin or gold is in your own hands.

But, Bitcoin will never be better than Gold. Gold is volatile not like Bitcoin. If the Gold price goes down, It doesn't go down like Bitcoin which loses 100s of dollars at once. The best investment is Gold it always helps you in your hard times. Save it for the future if you have some extra money.
But we also know that the price of gold is around a limited value and it stay at there and we know that the price of bitcoin go up and down but in real it is in the upward direction and in the longer period we notice the price of bitcoin increasing up.
Yes it is right that the price of bitcoin is around a limited value we can say that it is near to stability which the traders do not like. The traders do not get the profit in that assets which do not have fluctuations in the price that is why they all now like to do trade in bitcoin which is fluctuating more.
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June 23, 2017, 03:04:05 AM
 #360

bitcoin is not better than gold. because for short time investment bitcoin is better but for long time investment bitcoin isn't safe.

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