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Author Topic: Why people says gold is better?  (Read 11638 times)
coinfoxus
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February 01, 2018, 09:32:19 AM
 #1081

Gold is standard, any people know about it. But Bitcoin is not.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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00DKM@
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February 01, 2018, 09:53:32 AM
 #1082

I think gold is better than bitcoin because gold is highly stable, and gold is more liquid than bitcoin. Gold is widely accepted nationally, more commonly than bitcoin. bitcoin is a risky asset, long time bitcoin is not good, if bitcoin is off you will lose a lot of capital. This is my personal opinion.
ashlyvash00
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February 01, 2018, 09:57:53 AM
 #1083

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?



    I think you vant blame them because they dont know or discoverd the digital crypto currency or bitcoin. Thats also what i think when not in here yet that gold is the one of the precious items in the world but when u knew bitcoin everything changed
First77
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February 01, 2018, 06:30:07 PM
 #1084

By holding gold people won't get rich. They can be assured they won't go poor either but gold is for a kind of people which will not by any mean like/transact cryptocurrencies. Are two completely different worlds and shouldn't be compared

The Indian Finance Ministry on Thursday made bitcoin illegal and announced an upcoming ban.

“The government does not consider cryptocurrencies as legal tender or coin and (will) take all measures to eliminate the use of crypto assets,” Finance Minister Arun Jaitley said.

https://www.rt.com/business
IsabelCornd
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February 01, 2018, 06:41:47 PM
 #1085

Gold is tested by many people and its very popular in old generation. Price is almost everywhere stable and gold have no different underwater rocks like bitcoin.
PatronRH
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February 01, 2018, 07:09:03 PM
 #1086

People say gold is better simply because gold is safer. Its practically safer it doesn't lose its value. It's even more safe than depositing your money in the bank. Yet betcoin is a good investement because it makes your net worth grow up.

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Mr|Creativ4
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February 01, 2018, 07:17:13 PM
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 #1087

Hello there,
Because most people will not accept it as valuable because they can not hold the bitcoin by hand, and gold has always been accepted because it has existed for a long time. I think it's related to something in the subconscious from the past.  Wink

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bitcoin20
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February 01, 2018, 07:22:54 PM
 #1088

gold is realy better that other things but for short term investment crypto is better
Alexnelepa92
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February 01, 2018, 07:46:35 PM
 #1089

Hello there,
Because most people will not accept it as valuable because they can not hold the bitcoin by hand, and gold has always been accepted because it has existed for a long time. I think it's related to something in the subconscious from the past.  Wink
As for sound, the gold does not lose its qualities over time. The metal will lose value and degrade over time. This metal exists since the very birth of our planet and will have the value exactly as long as will not disappear completely when all the fields are exhausted. This metal will not be damaged or destroyed ever.
As for Bitcoin, it can be destroyed with ease. However, this did not happen. After destroying Bitcoin possible during the complex process of mining, and yet, this fortunately did not happen.
However, still there is a high risk of losing or to keep in safety these digital coins. Bitcoin is recorded on a certain medium. It can be lost or damaged, accidentally deleted by mistake or so on. Yes, Bitcoin itself exists in many number of copies. But she, anyway, is digital, which already makes it dependent on technology. Moreover, we cannot say in advance what will happen to this currency in a few decades? Because sometimes, even technology is difficult to predict.
Thus, in terms of safety still wins the gold, and the Bitcoin loses, because there is no guarantee that cryptocurrencies will enjoy the same demand in ten years as now
AlexW333
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February 01, 2018, 07:53:53 PM
 #1090

Because They can touch gold and BTC isn t

Such guys doesn t realize a stronth of BTC
webdevmastery
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February 01, 2018, 08:08:59 PM
 #1091

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Its not that it was hard for other companies or stores to accept gold but lets be realistic, it was really hard to earn gold because it is not obtainable if you are not a miner while cryptocurrency can be earned by working on bounty campaigns or invesing on a mining rig so i believe that cyrptocurrency is more profitable than gold.
yoseph
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February 01, 2018, 08:12:36 PM
 #1092

Because They can touch gold and BTC isn t

Such guys doesn t realize a stronth of BTC
Gold is a much more stable investment than Gold that is why people keep saying it is better, its value doesnt fluctuate according to FUD nor is volatile to the extent that you can quickly loss all your money in a matter of seconds or minutes.
Gobeller
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February 01, 2018, 08:15:05 PM
 #1093

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Its not that it was hard for other companies or stores to accept gold but lets be realistic, it was really hard to earn gold because it is not obtainable if you are not a miner while cryptocurrency can be earned by working on bounty campaigns or invesing on a mining rig so i believe that cyrptocurrency is more profitable than gold.

Gold doesn't drop down 20% a day, that's the most significant reason for advocating old against bitcoin. The profit of bitcoin is amazing but it's not stable really. It can drop down 20% in a row for 3 days.
Ethernel
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February 01, 2018, 10:29:02 PM
 #1094

I do not know why they say gold is better than bitcoin, while bitcoin transactions are spreading in their midst.Gold can be considered better if taken a look at for its stability. Gold has been around since pretty much the first civilizations, and it has always been valuable. It also has inherent value as it can be used for accessories, jewelry, and even electronics.
tikong
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February 01, 2018, 10:47:05 PM
 #1095

Gold has the assurance of claiming such amount unlike bitcoin because gold is more stable than bitcoin and other cryptocurrencies. In fact so stable that it is the basis of the national currencies like USD and PHP , bitcoin on the otherhand has a high volatility rate than gold.  Which works us a double edge blade since bitcoin can go to 0-100 or 100-0 pretty fast.
Lorna t
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February 02, 2018, 01:49:36 AM
 #1096

 Smiley because they say gold is better, and the gold if when you touch it will not be lost in your hands and other will be immediately on cash hand already hold you have not yet been able to wait so that's what they say better for that's .it for me gold just once that we come not the same as bitcoin is really how long you want to stay it will not really get lost in our life .in case if you  just stop or you get ban from bitcoin.people do jot know about bitcoin cryptocurrency except in its membership but talking about gold at any point in the world young or old knows something about a gold so they can say that gold is a good example of how to earn .gold is open sources in all at once when it price drops and its really hard to find and need to have a lot of money to help you get inflected and gold is available to everyone. So for my opinion gold is not enough in my life I need to find a sail and make way experience I never hold gold since before in personal hold in my life .now I'm getting a cryptocurrency that is more than hold .people are looking for me gold is not be enough and its a better way to deal with life Because when you hold gold out of it and lose it that's when the crypto is you touched when its going to leave .you alive forever over and over again and here in bitcoin you can make it big and profitable .
BurhanPSG
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February 02, 2018, 02:03:44 AM
 #1097

Maybe if using gold, can not be used for the means of payment and transact online like bank or other debit card. Because gold is already there physical form while bitcoin is a virtual money that its purpose is to transact.
yohaneshs
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February 02, 2018, 02:21:21 AM
 #1098

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

For some reason gold better than bitcoin because it's a safe haven currency with "Yen" japan currency so favored by some traders.
But we know bitcoin should be the future prospect for some investor in this time. Bitcoin and Cryptocurrency has a good trend in the last year. so we must still monitoring trend in the market.
teoco161
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February 02, 2018, 02:23:39 AM
 #1099

Maybe, people are saying that Gold is better than Bitvoin because it has a more stable market value which lessen the risk on investing into it and that's a huge factor on an investment. Like others, it is a commodity. Bitcoin is said to be better because of its features, accessible, handy, and profitable in a shorter time frame. But with gold it is surely the safest investment you can have out there.
Walrus1
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February 02, 2018, 02:24:46 AM
 #1100

Maybe if using gold, can not be used for the means of payment and transact online like bank or other debit card. Because gold is already there physical form while bitcoin is a virtual money that its purpose is to transact.

gold is traded online everyday. Tons stay in place but ownership is traded.
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