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Author Topic: So Bitcoin is better than Gold?  (Read 53388 times)
mudasarali43
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September 12, 2017, 08:27:24 AM
 #1081

Yes off course results are shown below gold is low rated in front of Bitcoin,
This makes due to the high price of bitcoin and it is continuously high price Bitcoin make new high price gold cannot compete for this.
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Aventhe
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September 12, 2017, 08:44:56 AM
 #1082

So Bitcoin is better than Gold? Roll Eyes

Uhhh, Yes and No- Bitcoin and Gold both have its advantages and disadvantages when compared to one another.

I would have to say this is one of the biggest questions asked by everyone ever since bitcoin was made. I think it is a bit unfair to compare to the 2 head to head as one is completely physical and the other is completely digital. As I've said before, both have their own glory.

GOLD

Gold is a stable commodity with little or no fluctuations over time. Since it is physical, it holds REAL value. Gold investment is usually made not to make profit or money from it, but rather to store funds in a stable way.
However, also since it is physical it means that it can easily be stolen.

BITCOIN

Bitcoins is a cryptocurrency, a new era of currencies and payment methods. Being the first of its kind, it has certain attracted plenty of attention and investors.
The price fluctuates depending on the amount that is being traded and outside entities, such as China's ICO ban. Bitcoin is also very secure and is 'fully' anonymous - well, to a certain degree.
The price trend in the last few months shows that the value of bitcoin will continue to go up, and not drop. This means that investors should be able to invest if their goal is to make profit, and not to secure wealth.
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September 12, 2017, 08:50:30 AM
 #1083

Bitcoin is growing but will it be stable forever? big question. Gold is the valuable thing that on demand all the time. I guess gold is better to keep funds in. Btc is better to generate these funds.
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September 12, 2017, 10:17:12 AM
 #1084

Gold and Bitcoin both have goods things about them, they are fundamentally different and for some use cases bitcoin is definitely better then gold and vice versa.
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September 12, 2017, 10:19:10 AM
 #1085

Gold will always remain gold and valuable.

Bitcoin on the other hand. Anything could happen to the value of Bitcoin. It could go through the roof, or drop to zero eg. if quantum computers suddenly become available.

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September 12, 2017, 01:02:51 PM
 #1086

Bitcoin Better than Gold?  Huh

Theory: when it was $1000 the first time, nobody could quite believe what was happening.
So as soon as it started to slip, they bailed.
When it was a few hundred, and started to slip, people said "hey I've already changed $100 into $20,000, better no get greedy!" and bailed.
Now we have lots of people who have bought because they believe it will go up and up and up.
They may be wrong, but their belief matters.
I think yes, bitcoin is far better than gold, because gold cannot be used for buying anything in the world, first you will have to change it in your local currency, then in the required one and then you will be able to use it. On the other hand gold reduces its price with the passage of time, while bitcoin increases its price as the time passes. Gold is not a business and bitcoin with a currency also a business too.
I don't think that gold decreases its price as the time passes because that is wrong and gold is like bitcoin that increases its value or price as the time passes but the only difference is, gold is slower to increase on its price than bitcoin which is faster and one of the most interesting investment and that is why i think bitcoin is better than gold because of how fast it is moving.
Come on dude, are you serious? If you voted bitcoins against gold that doesn't mean gold is totally useless. You don't believe me, take some gold to a shop and try to make a deal, I bet no one will reject having it. However, in the terms of transaction and profits, BTCs beat gold. That's why it is better than gold.

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Harriti
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September 12, 2017, 05:43:28 PM
 #1087

Yes off course results are shown below gold is low rated in front of Bitcoin,
This makes due to the high price of bitcoin and it is continuously high price Bitcoin make new high price gold cannot compete for this.
Bitcoin is new type investment and it look like as speculative than investment for long term in Gold. However, some people still keep their opinion is investing to Bitcoin = investing for future. What do you think about this opinion?


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pushups44
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September 12, 2017, 05:50:48 PM
 #1088

These threads keep popping up and unfortunately these assets are pitted against each other. Gold and bitcoin share similar traits and should be seen as complementary. Also gold's history ought to be appreciated by sensible people.
mdgabrielzim
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September 12, 2017, 05:52:05 PM
 #1089

Yes for sure. Besides being much more practical because it is not a physical thing, we still have the advantage of not having to destriur the middle of BTC. We have these and many more advantages over gold.
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September 13, 2017, 07:49:58 AM
 #1090

I bet it is. Noone can easily buy gold, not many of us here could probably afford to buy gold. But everyone of us here has bitcoins, may not be a whole lot, even a fraction of, but we can certainly own it  unlike gold.
andrei56
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September 13, 2017, 08:44:39 PM
 #1091


I choose bitcoin,
I think gold is a woman's jewelry: P and good for women investing for gold.
but I prefer bitcoin in any way.

You can keep the gold in the safe. Will always be in the price. How confident are you in bitcoin?
If you are not so sure with bitcoin then you can always invest and be ready to exit the market, besides gold has been a great store of value but that is going to change when humans develop technology to explore other worlds then gold is going to be a lot more common and it is going to lose its value.
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September 13, 2017, 09:20:39 PM
 #1092

I believe that gold is more reliable than Bitcoin, however diamonds are even more reliable than gold Wink
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September 13, 2017, 09:49:39 PM
 #1093

gold is the best asset before bitcoin is created, because gold has increased in price from year to year. and also keep gold safer there will be no hackers who steal the gold. but after bitcoin is created by satoshi, a lot of people switch to invest their money on bitcoin. because bitcoin is more volatile and very profitable. a relatively short price change makes bitcoin a very good investment. you can benefit greatly from storing bitcoins. although bitcoin is not very safe. many people choose bitcoin as a long-term investment and do not use it. because they believe the bitcoin price will continue to rise.

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September 13, 2017, 10:57:06 PM
 #1094

So Bitcoin is better than Gold? Roll Eyes
The only thing that gold does better is that it has the truth of the people since it has been around for so long but in everything else bitcoin has gold completely beat so I think it is time to to understand that bitcoin is better even if some people are going to argue against that.
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September 13, 2017, 11:04:12 PM
 #1095

So Bitcoin is better than Gold? Roll Eyes
I believe that still, Gold is better compared to Bitcoin as an investment. For reasons such as having a more stable market value and for having a physical market value. Gold has been used for decades by different countries, and is still used in the present while Bitcoin is not yet legal to most of the countries. Maybe it will have a chance in the future to surpass Gold.
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September 14, 2017, 12:07:11 PM
 #1096

In my personal opinion about the difference and importance between Gold and Bitcoin and have given a chance to choose between the two I probably choose Gold over Bitcoin, since gold is the only currency recognized by man even during ancient times up to now which values and importance never fades. And the good thing about Gold is that you can trade it anywhere and it will be immediately recognized by the people unlike Bitcoins which only limits to people who have devices and electricity to be able to trade with bitcoins.
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September 14, 2017, 12:11:39 PM
 #1097

Am i only think that bitcoin and gold are the same because both of them is increasing because of time, and the only difference is gold tangible and the bitcoin is not.

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September 14, 2017, 12:12:44 PM
 #1098

There's no doubt in that, bitcoin is better than gold when it comes to the increased growth percentage as well profiting whereas with gold people get an security as it has got the universal acceptance as a commodity and as digital asset that can be used for investment and different purposes. It took years and years to reach the current value, but the same price was surpassed by bitcoin in around 9 years time.
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September 14, 2017, 01:01:33 PM
 #1099

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






Bitcoin is better than gold because you can easily convert it.
Not like gold, you need certain requirements and you need to fill up some forms to convert your gold.
And lastly, bitcoin is obtained easier than gold.
I think from what I know today, Bitcoin has already tripled in value compared to Gold. It was fast. At present, Bitcoin is lot more popular than Gold. It is more convenient to use when you are doing transaction online. With the use of Bitcoin wallet you can keep your bitcoins.

Exchanging from Buying and selling is fast, while in Gold, mostly people will think that you really need gold literally before you have it as money.

Yeah bitcoin is better than gold today, bitcoin will aim high and the value of will pumped up. The reason why bitcoin is better than gold because there are million users of bitcoin today. There are only few bitcoins left so the price goes higher, this explains with the law of supply and demand.

gold is not very essential to buy because nowadays it is use only for decoration or jewelry that is used by rich peoples
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September 14, 2017, 03:24:21 PM
 #1100

I believe that gold is more reliable than Bitcoin, however diamonds are even more reliable than gold Wink

How are diamonds more reliable than gold (and bitcoins)?

You should try to buy some diamonds, and then sell them the next week. You wont be getting anywhere near your money back. Unless of course you bought a rare diamond, which has been "cut" by a famous diamond polisher.

Diamond prices are held artificially high, by suppressing the production.

Bitcoins and gold on the other hand have a value, with which you can both buy and sell them. (minus a few % comission of course)
 

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