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Author Topic: So Bitcoin is better than Gold?  (Read 52886 times)
costina
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September 14, 2017, 12:12:44 PM
 #1101

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
 #1102

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
 #1103

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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September 15, 2017, 11:06:36 AM
 #1104

Yes of course, bitcoin is better than gold. The price of gold per gram has reached 42 dollars while the bitcoin price is 3000 dollars. Others are more likely to choose bitcoin as an asset in the future. Cool
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September 15, 2017, 11:45:34 AM
 #1105

Bitcoin is better than gold because it is a soft currency and it cannot get stolen and cannot have physical problems such as rusting which usually happens with gold.
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September 15, 2017, 11:51:01 AM
 #1106

Bitcoin is better than gold because it is a soft currency and it cannot get stolen and cannot have physical problems such as rusting which usually happens with gold.

The chances of your money getting stolen is much higher with Bitcoins than any other currency or asset. Do you remember the Mt Gox robbery? Almost 5% of all the Bitcoins in circulation was stolen in a single incident. Also, there are other examples, such as the robberies with Silk Road and Sheep Marketplace.

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September 15, 2017, 04:00:21 PM
 #1107

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 for rich people and certain people, of course bitcoin is a very good innovation to send money in various parts of the world with ease and with a small fee. even you can send hundreds of millions of dollars/gold just with fee under $5 in bitcoin. and you will not find such a low fee in a bank / fiat. but for a small player like me where only a small transaction of course fee 1 $ / 0.0003 btc is a very large fee?

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September 15, 2017, 04:02:59 PM
 #1108

Back in March, everyone thought the BTC market would enter a bear market if the Winkelvoss ETF was rejected.
Well, it was rejected and the market did 'crash' for a day or two, but then it recovered and BTC went from $1000 to $5000 over the next few months.
Anytime crypto is battle tested and comes through with flying colors, faith in crypto is strengthened further and people feel more confident investing.
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September 15, 2017, 04:07:56 PM
 #1109

Bitcoin still better than gold despite high price fluctuations still going on. However, it isn't a major obstacle to bitcoin investing. Rather, it's the art of modern investment.

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September 15, 2017, 04:18:59 PM
 #1110

For those confused by the market rise...
The reason we are rising is that the information is now out with China and is now quantifiable.
Markets hate nothing more than uncertainty which is why we kept in dropping.
The news is out there now and priced in. Oh, and it's also rising because shorters are cashing out and /or getting squeezed big time.
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September 15, 2017, 04:20:38 PM
 #1111

Back in March, everyone thought the BTC market would enter a bear market if the Winkelvoss ETF was rejected.
Well, it was rejected and the market did 'crash' for a day or two, but then it recovered and BTC went from $1000 to $5000 over the next few months.
Anytime crypto is battle tested and comes through with flying colors, faith in crypto is strengthened further and people feel more confident investing.

They are reviewing the ETF once again. And this time there is a small chance that it may get approved. If GBTC can be approved, then what is wrong in permitting the Winklewii ETF? And have you checked the recent charts of GBTC? It is up by 25% today, and is trading at a premium of almost 80%. This is what happens when the SEC refuses to act rationally.

http://quotes.wsj.com/GBTC


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September 15, 2017, 04:23:41 PM
 #1112

I think bitcoin is better than gold because you can use it in a different transaction and it also considers as money in the online market. In addition to that, as of now, bitcoin become more profitable and the price of bitcoin was rapidly increased. However, I think both them has disadvantages and advantages.


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September 15, 2017, 04:58:57 PM
 #1113

So Bitcoin is better than Gold? Roll Eyes

Of i verily believe that bitcoin is the best currency and more valuable than Gold but  i would like to choice Gold For investment along with bitcoin Because recently I've noticed that gold price is iincreasing so high and i think its time to also makes profit form gold besides bitcoin earning...

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September 16, 2017, 04:28:11 PM
 #1114

So Bitcoin is better than Gold? Roll Eyes

Of i verily believe that bitcoin is the best currency and more valuable than Gold but  i would like to choice Gold For investment along with bitcoin Because recently I've noticed that gold price is iincreasing so high and i think its time to also makes profit form gold besides bitcoin earning...
I will choose Bitcoin then gold. Nowadays, Bitcoin is more valuable than Gold. Besides, the price of Bitcoin will increases day by day and it is very hard to lose price. Keeping Bitcoin on the internet is safe than keeping gold at home Grin

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September 16, 2017, 04:32:02 PM
 #1115

It looks like comparing bitcoin with gold is like something that is difficult to answering, but I think presently bitcoin expense is much better than gold, since spend in the bitcoin more rewarding.

Plus if we want to spend our money to invest with bitcoin sometimes bitcoin do not need money.  We can earn bitcoin and that is its edge over gold.  We can never have a gold if we want to invest on it only of we have money to buy.  Bitcoin is the thing right now and there os no question about that.

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September 16, 2017, 04:36:28 PM
 #1116

It looks like comparing bitcoin with gold is like something that is difficult to answering, but I think presently bitcoin expense is much better than gold, since spend in the bitcoin more rewarding.
Yes. The growth of bitcoin is much better than gold now. The ratio of growth value of bitcoin and gold differs as per current growth ratio. Gold rate seemingly increases slowly. Where as bitcoin's growth ratio is more positive and higher.

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September 16, 2017, 04:44:30 PM
 #1117


for bitcoin value better than gold. but in terms of benefits both have different benefits.
bitcoin is very important to me and income to change the economy.
but gold is my wife's jewelry and she's in it.
so we have each other's fondness. with different punctuation.


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September 16, 2017, 04:52:54 PM
 #1118

yes bitcoin is superior to gold. although gold has fallen down from the time of the prophets.
but bitcoin over time can compete with world currencies though.
It is just. bitcoin is a virtual currency that can be owned from the internet wallet.

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September 16, 2017, 05:27:16 PM
 #1119


I choose bitcoin because bitcoin has the potential to outweigh the gold price.
bitcoin is the best coin of all coins. bitcoin has become the most popular coin that is able to pass through developments over time. this is evidenced by the many rumors that drop the value of bitcoin.
proven bitcoin persisted to this day.

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September 16, 2017, 05:32:38 PM
 #1120

yes bitcoin is superior to gold. although gold has fallen down from the time of the prophets.
but bitcoin over time can compete with world currencies though.
It is just. bitcoin is a virtual currency that can be owned from the internet wallet.

Right now Bitcoin is not in a position to compete with the major world currencies such as Euro and the United States Dollar. There is hardly any acceptance for Bitcoin outside its traditional realm. I just hope that things will change, if more countries will Bitcoin, just like what Japan did recently.

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