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Author Topic: So Bitcoin is better than Gold?  (Read 53395 times)
Dudeperfect
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August 08, 2017, 11:02:16 AM
 #641

So Bitcoin is better than Gold? Roll Eyes

In some ways, yes Smiley But I think gold is much more stable and probably will never lose its value.

If you're looking to invest, I think it is best to diversify as much as you can.

Even though gold is sustained the prices, it is a bold statement to say that it never loses its value because we have seen downfalls of gold in the past.

Comparing gold with Bitcoin is not a good idea in terms of commodities as these are two different things. Bitcoin is expected to rise in the payment/financial industry where there will be utility part rather than speculation part and gold falls under luxury part which is technically difficult to transfer, unlike Bitcoin.

I completely agree with the diversification method as it prevents any unexpected loss by distributing the risk in multiple environments.
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August 08, 2017, 11:05:30 AM
 #642

I think so, bitcoin is better than Gold
bitcoin is a great for an investment for the long term. hold it and get a lot profit

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August 08, 2017, 11:06:35 AM
 #643

It depends on your perspective. In terms of income potential, I think Bitcoin is much better than Gold because it has higher income potential. In terms of security, Gold is better than Bitcoin because it is more secure and widely accepted nationwide. But whichever you choose, they are both good investments for me.
yes you are right.It depends on her perspective.As you can earn by investing in bitcoins, you can earn money by investing in gold. So both are important to us.but bitcoin is better than gold for me.
Investing in gold will save your money, you will not lose your investment ever but making a profit is difficult because the price will not fluctuate like Bitcoin price. But investing in Bitcoin will give you a good profit, but your investment is not safe you may have a chance to lose your investment at any time.
Why are you sure that you will not lose your investments invested in gold. Now many investors are looking towards bitcoin. It is cheaper and easier. Due to the decline in demand for gold the price of the metal may fall. That this is not a loss of investment?
Because many things on the world are based on gold right now and even the national market also base on gold. The more gold the country hold, the more value the currency will be. Moreover, gold has been used for many years and there is no sign proving that gold will soon be replaced. We all know that bitcoin is good, but sorry, I have to admit that there is no chance for gold to disappear and gold will still a good place to put your money in if you are scared of high risk investment
If you ask the asset can saving safest, I will choose Gold, why need choose a asset have virtual value and not clearly? Most country on the world's are choose gold for compare the economy and Gold prove the economy this country rich or poor. However, choose Bitcoin for investing and trading, ok I agree because the volatility of crypto market interesting than Gold market.
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August 08, 2017, 12:25:26 PM
 #644

Bitcoin is virtual, you can also use it straight as it is. But gold is something physical, u need to sell it before u have the cash to use to buy something.

Gold can also be converted in to the digital format. In my country, it is possible to purchase gold-based exchange-traded funds (ETF) from the stock market. However, there is a very small chance that if the bank collapses, then your ETF stocks may become worthless.
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August 08, 2017, 12:48:30 PM
 #645

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.

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August 08, 2017, 12:55:50 PM
 #646

Yes...
I do believe that bitcoin is indeed farmore better than gold in many ways...
One of the most obvious one is the amount you can spend in a particular time,  you wont be able to carry a large amount of gold simply due to its weight,  unlike bitcoin you may carry all the bitcoins you have be it a few coins or thousands of it...
Cheesy

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August 08, 2017, 01:17:40 PM
 #647

Yes...
I do believe that bitcoin is indeed farmore better than gold in many ways...
One of the most obvious one is the amount you can spend in a particular time,  you wont be able to carry a large amount of gold simply due to its weight,  unlike bitcoin you may carry all the bitcoins you have be it a few coins or thousands of it...
Cheesy
yes i agree because in terms of business we can have  more profit from bitcoin than gold.and if we are goin to speak the price we can see that the bitcoin is getting high in a short period of time .for me i agree that bit oin is better than gold in many aspects.
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August 08, 2017, 01:22:46 PM
 #648

It depends on your perspective. In terms of income potential, I think Bitcoin is much better than Gold because it has higher income potential. In terms of security, Gold is better than Bitcoin because it is more secure and widely accepted nationwide. But whichever you choose, they are both good investments for me.
yes you are right.It depends on her perspective.As you can earn by investing in bitcoins, you can earn money by investing in gold. So both are important to us.but bitcoin is better than gold for me.
Investing in gold will save your money, you will not lose your investment ever but making a profit is difficult because the price will not fluctuate like Bitcoin price. But investing in Bitcoin will give you a good profit, but your investment is not safe you may have a chance to lose your investment at any time.
Why are you sure that you will not lose your investments invested in gold. Now many investors are looking towards bitcoin. It is cheaper and easier. Due to the decline in demand for gold the price of the metal may fall. That this is not a loss of investment?
Because many things on the world are based on gold right now and even the national market also base on gold. The more gold the country hold, the more value the currency will be. Moreover, gold has been used for many years and there is no sign proving that gold will soon be replaced. We all know that bitcoin is good, but sorry, I have to admit that there is no chance for gold to disappear and gold will still a good place to put your money in if you are scared of high risk investment
Yeah you have a point. If the country has many golds it will reflect to them that their country is rich. To see how good the economy of the country is by seeing how many golds that the country hold. I agree to you also that gold has no chance to disappear.

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August 08, 2017, 01:23:14 PM
 #649


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






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August 08, 2017, 02:45:44 PM
 #650

It depends on your perspective. In terms of income potential, I think Bitcoin is much better than Gold because it has higher income potential. In terms of security, Gold is better than Bitcoin because it is more secure and widely accepted nationwide. But whichever you choose, they are both good investments for me.
yes you are right.It depends on her perspective.As you can earn by investing in bitcoins, you can earn money by investing in gold. So both are important to us.but bitcoin is better than gold for me.
Investing in gold will save your money, you will not lose your investment ever but making a profit is difficult because the price will not fluctuate like Bitcoin price. But investing in Bitcoin will give you a good profit, but your investment is not safe you may have a chance to lose your investment at any time.
Why are you sure that you will not lose your investments invested in gold. Now many investors are looking towards bitcoin. It is cheaper and easier. Due to the decline in demand for gold the price of the metal may fall. That this is not a loss of investment?
Because many things on the world are based on gold right now and even the national market also base on gold. The more gold the country hold, the more value the currency will be. Moreover, gold has been used for many years and there is no sign proving that gold will soon be replaced. We all know that bitcoin is good, but sorry, I have to admit that there is no chance for gold to disappear and gold will still a good place to put your money in if you are scared of high risk investment


Gold investment so far is the best investment and because it may have a small risk of losses, but to get a better profit is certainly the best way to get an investment in bitcoin.
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August 08, 2017, 02:47:09 PM
 #651

In my opinion, bitcoin is an incredible investment with skyrocketing prices, but bitcoin prices are unstable compared to gold.
Many people prefer gold as a better investment than bitcoin.
Because i think gold has a stable price.
 I also prefer gold as my future investment ..

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August 08, 2017, 03:17:35 PM
 #652

So Bitcoin is better than Gold? Roll Eyes

Thanks for starting this thread. I fully understand what you're talking about. How much do we actually know about a coin. It's surprising to me people invest in cryptos that they know nothing about.  An interesting website I found:  https://www.coincheckup.com I don't know any other site that gives such good inisghts in the team, the product, advisors, community, the business and the business model, etc. Check for example:  https://www.coincheckup.com/coins/Bitcoin#analysis To check  Bitcoin Investment and research analysis.
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August 08, 2017, 03:19:01 PM
 #653

Pfff and no more BTC Tongue Tongue Tongue
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August 08, 2017, 03:24:29 PM
 #654

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.
I agree with you . Bitcoin is the best choice at the moment and certainly in the future will be the world's most expensive coin, but many people still prefer to buy gold because they do not have a good view of Bitcoin. I hope that in future broadcasters will be more popular with Bitcoin
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August 08, 2017, 03:32:08 PM
 #655

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.
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August 08, 2017, 03:46:13 PM
 #656

So Bitcoin is better than Gold? Roll Eyes
Yes of course. Gold could give threat not only in our own lives but also our family if somebody is trying to rob or broke into our houses and we can't transfer the physical gold into other locations in just minutes or even seconds. While cryptocurrency most especially Bitcoin can do wherever and whenever we want to send it to or receive from. Here in my country a peace of gold you wear in any part of your body when you go outside most especially in the streets could ruin your day or even end your life. In cryptocurrencies like Bitcoin security is the most priority no one knows about your private keys if you keep it in safe place it is a total delay or a waste of time for the robbers to broke into our house if they knows nothing about cryptocurrency but they know much more about gold and fiat money so all in all Bitcoin is not only better but best compare to gold in terms of price and security.



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Rainbot
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virtualkeybuyer
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August 08, 2017, 03:53:05 PM
 #657

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.
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August 08, 2017, 03:53:49 PM
 #658

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
 #659


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
 #660

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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