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Author Topic: Why people says gold is better?  (Read 11638 times)
uchiikina14
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February 25, 2018, 09:24:53 AM
 #1381

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 don't get it why their are many people saying that gold is better than BTC, but for me BTC is better than gold because now a days you can used and invest in BTC unlike the Gold you invest on it but you cannot used it. BTC has many purpose. You can used it as an investment, payment and you can gain high profit from BTC. In gold you can only invest and gain profit, but you cannot use it as payment.
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First77
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February 25, 2018, 09:29:15 AM
 #1382

I guess beacuase gold is tangible, "real", so it has the reputation of being more reliable.
Gold is a safe investment after 100 years of trade and commerce. your money is safe in gold and silver for next 100 years. For international storage vaults of top gold and silver dealers and best price write to me. Now gold and silver dealings are also digital/electronic, your account with the bullion dealer will show the ounces or kilos of gold and silver you purchased and its current market value.

Bitcoin has given 500% profit every month for 8 years. That is super HYIP and could be ponzi.
espiapogi1994
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February 25, 2018, 10:21:17 AM
 #1383

 
 maybe gold is better to use because we can see the actual value when we try to bring it to the expert. the bitcoin price was not stable enough .
 but if i choose, I will choose bitcoin, maybe bitcoin has a advantages and the gold was not enough.
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February 27, 2018, 03:54:45 PM
 #1384

Many people think that making money on the Internet is unrealistic, but in fact, if you invest in investment, of course this is a risk, but you can earn a lot
Xerox101
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February 27, 2018, 04:01:16 PM
 #1385

I think because bitcoin still not legal in many countries and still experimental. Also the price is volatile and no secured wallet for it, while gold is an assets which legal in all countries and its value is based on dollar rate and can be used as accessories and jewelries.
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February 27, 2018, 04:18:25 PM
 #1386

I think they are of the view that gold is not a means of payment in the market, but rather they assume that gold is a very safe and profitable investment tool. The price of gold from year to year always increases, in contrast to the fluctuating bitcoin.
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February 27, 2018, 04:32:49 PM
 #1387

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seizetehday5
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February 27, 2018, 04:51:41 PM
 #1388

The reason most people still believe gold is better is because it has been around longer. Would you have more faith in a money or currency that has been around 10 years or 5000 years? Yeah it is not even close how the average person views it, and for good reason as well. However, that doesn't mean Bitcoin is worse, it just means we are more unexplored at the moment.

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February 27, 2018, 04:53:54 PM
 #1389

'Cause you get your much needed exercise when you get out your pick and shovel and dig for it.

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February 27, 2018, 05:03:00 PM
 #1390

they say that because the introduction of digital currencies is not so well digested, and usually people like them can only or believe in investing in gold, which they consider to be profitable in every year, whereas if they invest in bitcoins other than the ease of transacting bitcoin can provide an advantage at all times,,but they do not know that

Bitcoin and gold both are not comparable both are different in it category itself. Gold is precious metal and ornament Bitcoin is cryptocurrency so don't confuse yourself. Bitcoin can be used as investment giving good multifold returns where you hold your investment in gold it wont appreciate like bitcoin returns.
they are juxtaposing bitcoin and gold as a place to invest .. not as an asset ,, both can say where investing .. but only differ in profit, bitcoin is more flexible while gold is more stable
Yes both are very good and if both invest very profitable, gold born from antiquity already exists and gold is an asset of state wealth that will never run out. Gold and goods are very valuable while bitcoin is virtual money or digital is not shaped but worth and its value exceeds the value of stable gold. So bitcoin is not like gold whose value is stable and bitcoin value will change and not easy to predict

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MMS2017
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February 27, 2018, 05:10:37 PM
 #1391

In my opinion the people happy if they have posses a physical thing like the gold is physically existed and they have the possession over that while if we look the crypto then you will feel happy to know that bitcoin is accessible through internet while the gold is universally acceptable and its value is better if the internet is available or not SO if a thing is available physically that is more wealthy than other things. If i say i will prefer bitcoin than gold and some people happy with gold.

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Raisa263616
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February 27, 2018, 05:24:15 PM
 #1392

I think people don't know the value of bitcoin and also don't know the necessary of bitcoin crypto.They belive also gold,because gold can touch but bitcoin can't touch any moment.Gold hase a fixed price but bitoin don't have it.That's why people don't want bitcoin they want gold. We should teach them about bitcoin.

Glutius
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February 27, 2018, 05:29:43 PM
 #1393

Just because it is more secure as time-tested. That's the only reason.

rainezerr
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February 27, 2018, 05:36:14 PM
 #1394

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?

If you are going to compare bitcoin and gold then probably gold is easier to obtain more than bitcoin and because of that, there are a lot of people who are preferring to invest on bitcoins more than gold and another thing is that, the value of bitcoins is growing as the time goes by so it was really nice to hold for a very long time.

marjil
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February 27, 2018, 05:38:43 PM
 #1395

The real difference is that gold is physical (and so it is real) whereas bitcoin is just a bit of computer code and has no physical backing. This is why some people prefer gold to bitcoin.

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February 27, 2018, 05:40:08 PM
 #1396

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?

Because of its rarity and preciousness, you cannot simply use gold to purchase. Gold has been a standard of value for many years.
Gold can be use to purchase, but not in a "normal" way.
On the other hand, Bitcoin was created as a currency, for purchasing, as a payment. The technology gives comfort to us in trading etc.
Gold is always better than bitcoin because bitcoin has it's limits. You need electricity, internet and devices for you to use and or store it.
rtm125
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February 27, 2018, 05:51:56 PM
 #1397

Gold is a metal that people have been using for many centuries, but bitcoin has existed for several years. It is clear that the confidence will be more precisely to the proven gold.

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February 27, 2018, 06:15:26 PM
 #1398

Maybe the reason people consider gold is better than the other is because gold is already known from the ancestors of all of us,and the price is quite expensive,and gold is very much demand as possible by because that's what makes people think that gold is better.And Gold has been the currency standard since the beginning of the first people to know of paper money,and can be used at any time.While paper Money and stock or currency krypto circulating recently b would be not useful at the time of world war.

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February 27, 2018, 06:25:42 PM
 #1399

Unlike bitcoin, gold can be held in the hands, touch, it is material, and accordingly to it more trust. But bitcoin is just numbers on the screen.
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February 27, 2018, 06:29:01 PM
 #1400

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?

Because of its rarity and preciousness, you cannot simply use gold to purchase. Gold has been a standard of value for many years.
Gold can be use to purchase, but not in a "normal" way.
On the other hand, Bitcoin was created as a currency, for purchasing, as a payment. The technology gives comfort to us in trading etc.
Gold is always better than bitcoin because bitcoin has it's limits. You need electricity, internet and devices for you to use and or store it.

Gold is physical and it's very rare, that's how people find it attractive against bitcoin and other coins.
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