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Reid
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July 23, 2017, 02:01:51 PM |
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Oh this again.
Time.
Look at how much gold had spent in this world than bitcoin
Physical features.
Gold have it which bitcoin doesnt. (Paper wallet not included)
Bitcoin have its specialty which gold doesnt. It is easy to send which is online that is much used now unlike gold which needs trucks if you will send a lot
Tax also. Dont need to explain that. I am sure you are a taxpayer.
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Kotone
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July 23, 2017, 02:08:07 PM |
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What do you believe bitcoin is better than gold, explain?
Bitcoin is really easy to trade when it comes of profit maybe gold are stable but most of us who already knew about bitcoin we area going to buy bitcoin because it is really expensive than gold you can make profit here without working hard or meeting someone to buy your bitcoins Bitcoin also can send to any other country in a second you can also withdraw it within 5 minutes. |
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orions.belt19
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July 23, 2017, 03:59:14 PM |
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Bitcoin is in many ways different compared to gold. First, gold is tangible as bitcoin is not. It would then differ as to how one is better than the other, depending on what terms. People however would tend to rely and have more trust on gold because it is stable as compared to Bitcoin. As regards to their use, I think Bitcoin is better because of its convenience and accessibility.
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Mometaskers
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July 23, 2017, 06:17:21 PM |
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I wouldn't say it's exactly better. they already have a lot of difference. Bitcoins no doubt see more price movement than gold, that alone should attract risk-takers. Now if you are talking about supply, bitcoin could definitely be rarer than gold since the maximum amount is predetermined and there are plenty of lost satoshis from unclaimed faucets anyway.
Gold seem more stable to me though. If you can afford its maintenance, you can leave it and come back a century later and it would still be gold.
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Bitmedrano040117
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July 25, 2017, 04:17:22 PM |
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What do you believe bitcoin is better than gold, explain?
Because of the volatility of bitcoin it surpasses the value of Gold, and aside from that many of the traders in bitcoin industry got their earnings into bitcoin because of that matters. While gold is too slow to increase the price unlike in bitcoin was very aggressive so much. |
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naughty1
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July 25, 2017, 04:37:51 PM |
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What do you believe bitcoin is better than gold, explain?
I do not think that bitcoin is better than gold, we do not have any basis to assert it, people are just discussing it by value, that is one-sided evaluation. I like the general look and clarity when I compare anything. |
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pressureonme
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July 25, 2017, 05:07:22 PM |
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*They can't track my bitcoin trade.
*They can't watch my bitcoin transactions.
*They can't steal my bitcoin physically from my house.
*I don't need banks to put my bitcoin in safe. We use electronic wallets.
Very easy why bitcoin has supremacy over gold and other metals.
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stompix
Legendary
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Activity: 2898
Merit: 6366
Blackjack.fun
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July 25, 2017, 05:15:57 PM |
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There is a thread with more than 400 pages that has been running for more than 3 years , why did you open a new one? https://bitcointalk.org/index.php?topic=508270.0 |
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kpcian
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July 25, 2017, 05:50:50 PM |
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*They can't track my bitcoin trade.
*They can't watch my bitcoin transactions.
*They can't steal my bitcoin physically from my house.
*I don't need banks to put my bitcoin in safe. We use electronic wallets.
Very easy why bitcoin has supremacy over gold and other metals.
you people absolutely right and well discussed... I also believe that those reasons are the main criteria for becoming a popular platform than Gold. basically, Bitcoin has some a special feature about security and transaction. not only that, Bitcoin also providing huge value or price rather than gold. |
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RedditMaster
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Merit: 10
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July 25, 2017, 06:31:00 PM |
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What do you believe bitcoin is better than gold, explain?
Both have their pros and cons. For example, Bitcoin cannot be used as easily if the internet goes down, electricity outage, government rejection (they could shut it down), etc. Gold however can't be easily divided like Bitcoin so you can't use it to pay exact amounts down to the penny whereas Bitcoin obviously can be. |
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stingers
Legendary
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July 25, 2017, 06:38:27 PM |
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Both have pros and cons over each other. blatantly calling anyone of them better without examining the situation is kinda stupid.
to get more insight into the topic read a thread in the same section. Stompix already pointed that out and linked it in his reply.
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sergio red
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July 25, 2017, 06:44:31 PM |
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Gold should not be compared with Bitcoin anymore, Because gold has been already created a acceptable filed of saving and investment. Bitcoin is going to be as like as gold. So Bitcoin has to go long way to overcome gold..but in terms of profit Bitcoin is a better position than gold.
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pressureonme
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July 25, 2017, 07:17:24 PM |
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Gold should not be compared with Bitcoin anymore, Because gold has been already created a acceptable filed of saving and investment. Bitcoin is going to be as like as gold. So Bitcoin has to go long way to overcome gold..but in terms of profit Bitcoin is a better position than gold.
The more bitcoin known my people, the more bitcoin will have pressure on gold. We should stop comparing them, this is right. But we can't act like we don't see bitcoin's rise against stock shares and other commodities. |
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CryptoGeneral
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July 25, 2017, 08:51:58 PM |
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It is not better. Both are different and both serve their purpose. Gold is something you can put in your pocket and pay all around the world, no matter where you are. Bitcoin is something you can send around the world without any borders.
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BartS
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July 26, 2017, 02:51:46 AM |
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What do you believe bitcoin is better than gold, explain?
Bitcoin has limited supply unlike gold, the supply of gold keeps increasing every single day, while you could say the same of bitcoin thanks to the bitcoin miners, we know that the supply is limited to 21 million coins but we do not know what will be the the final supply of gold and if space mining ever becomes a reality the supply of gold is virtually limitless. |
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syaripudin
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CryptoTalk.Org - Get Paid for every Post!
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July 26, 2017, 03:13:34 AM |
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History mentions. Gold is an investment tool that is loved by everyone. So if you say gold bitcoin better than gold. I would agree if I say bitcoin and gold to be an option for an investment that many people love. Both of which are a great entity in the investment world. Why I say so. Because bitcoin is just a virtual currency and is not shaped. While gold is a precious metal in the shape of a physical. So even though bitcoin is higher the price. But I think there are still many people who want to invest with gold. This is long before the virtual currency is used for investment. But gold first people know for investment
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hardforkcoin
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July 26, 2017, 03:21:13 AM |
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Nobody really has any idea how much gold there is.
We have a good estimate, but a lot of it was supposedly melted down at some point and used in electronics and other stuff related to that.
It is said that Fort Knox doesn't really have that gold there any more and it is a lie.
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Przemax
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July 26, 2017, 11:06:03 PM |
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One simple reason to favour bitcoin above gold. Gold can be premined promises to pay.
Bitcoin cannot be made into a scheme of selling something that you do not posses. Either you are on a blockchain by someone giving you tokens on a transaction, or you do not have bitcoins. Well... unless you are a miner that is, but miner owned btcs are in a fixed number.
That is why the gold price has been kept low, because of selling the unexistant gold. On the other hand bitcoin price is not so easy to downgrade.
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lighpulsar07
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July 27, 2017, 02:13:14 AM |
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What do you believe bitcoin is better than gold, explain?
I think you shouldn't compare gold and bitcoin because they completely different from each other gold is physical bitcoin is digital although they are both considered as investments and also in terms of price bitcoin beats but when it comes stabilization and market capitalization gold beats bitcoin. bitcoin has a long way to go to beat gold. What do you believe bitcoin is better than gold, explain?
Bitcoin has limited supply unlike gold, the supply of gold keeps increasing every single day, while you could say the same of bitcoin thanks to the bitcoin miners, we know that the supply is limited to 21 million coins but we do not know what will be the the final supply of gold and if space mining ever becomes a reality the supply of gold is virtually limitless. Gold has limited in supply too. unlike in bitcoin we can't determine exact supply of gold in earth but we all know in earth everything is limited. |
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shayshaylaboogie
Member
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Activity: 132
Merit: 10
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July 27, 2017, 02:33:55 AM |
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One simple reason to favour bitcoin above gold. Gold can be premined promises to pay.
Bitcoin cannot be made into a scheme of selling something that you do not posses. Either you are on a blockchain by someone giving you tokens on a transaction, or you do not have bitcoins. Well... unless you are a miner that is, but miner owned btcs are in a fixed number.
That is why the gold price has been kept low, because of selling the unexistant gold. On the other hand bitcoin price is not so easy to downgrade.
But at least you can physically hold gold. And it has usefulness out side of being valuable. You need it for electronics and art, and all gasoline engines need a little bit of gold to be efficient. Bitcoin is just information. You can't hold it, and it's not useful for anything outside being a store of value. And you can scam someone with bitcoin just as easy as you can scam someone with precious metals. Just look at the Scam section of the forum  |
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