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Author Topic: Why people says gold is better?  (Read 11638 times)
Senswh
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November 20, 2017, 05:21:13 PM
 #61

Gold and bitcoin have a different market. As we know bitcoin is more popular than gold for in price so there's no reason if bitcoin as the best payment for transaction.while gold as the Sacred jewelry like to marry or gifts. If you have girlfriend of course you will give her a jewelry rather than btc. So i think gold is better than btc for to make someone happy
"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Destroyeroff98
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November 20, 2017, 05:27:11 PM
 #62

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?
A person can see gold with his own eyes, but we can not see Bitcoin. According to this, some people just do not realize what it is and why such a big price for Bitcoin. Roll Eyes

CodeGroup4
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November 20, 2017, 05:30:29 PM
 #63

I am not same to the title and I don't understand how can gold be better than bitcoin. There are huge usages of bitcoin whereas gold can't do this. So, the idea, gold is better than bitcoin is totally wrong.
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November 20, 2017, 05:33:54 PM
 #64

Simple answer to this is the age of gold. Gold has been far more senior than btc. It has been instructed in the mindset of people that an investment in gold never goes to waste because ultimately the price of gold will increase with flux of time. Moreover it still thought to be better than btc because it is tangible. These are the traits which still attract a few people towards gold.
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November 20, 2017, 05:35:57 PM
 #65

Some people feels gold is stable than bitcoin,but bitcoin is best investment plan than bitcoin.bitcoin can exchange and it is good for earning profits.
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November 20, 2017, 05:38:20 PM
 #66

The people who giving more importance for safety then the gold is the best option to invest. But if people gives more importance for profitability the best option is bitcoin. There is a risk held on it I'm agreeing that but it is the best way to earn more money in a single investment by careful handling of Bitcoin. Success is always with the person who have brave to take the risk. Now a days most of them prefer to take a little risk to gain more from their investment.
rube08
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November 20, 2017, 05:40:28 PM
 #67

I would say that gold is better to a lot of people because the mass population knows what gold is and it is a tangible asset.  Bitcoin is still in its infancy and once the population starts catching onto bitcoin, it could be the currency standard.
shezu007
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November 20, 2017, 06:47:38 PM
 #68

Some people says Gold is better than bitcoin because of its high value from a very long time even from the time of Darkness. Bitcoin is new currency for some people, in future people will says bitcoin is better because of it high value and high secure system and easy transaction.
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November 20, 2017, 07:13:01 PM
 #69

Buying an actual physical gold may be a good idea though you will have to spend for safe storage and have to physically sell it when you need money for something. Buying bitcoin or any cryptocurrency for that matter is less-hassle way. It's value is increasing and you can always bring your wallet with you on your phone or laptop. It is never too late to invest. For me, the best is Ethereum! It has proved to be the best in terms of security and value. You may check all information you need about security on wallet, Smart Contracts, etc. on their whitepaper on this link: www.propthereum.io
Marucya
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November 20, 2017, 08:10:01 PM
 #70

Gold has a number of clear advantages over crypto currency. This is primarily the security of gold itself as a commodity. Gold, due to the fact that it is still metal, has its value. Crypto-currency does not have its value as a commodity, its value consists only of the level of demand for it.
     Gold has a greater liquidity compared to the crypto currency. That is, gold can be exchanged for ordinary paper money anywhere in the world, and crypto currency can be used as a means of payment not everywhere.
     The safety of storing crypto currency is still lower than gold. Crypto currency is quite often and successfully subjected to hacker attacks,
While theft of gold from storage facilities is extremely rare.
 Crypto currency is highly dependent on the level and, in general, the availability of technology. If you disable the Internet, the whole system will immediately crash, and the financial system will be completely unbalanced. With gold, this can not happen.
      However, the crypto currency has several advantages over gold. They are further destined to exist in parallel and we will be able to see for themselves the merits and demerits of these means of payment and storage of value.
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November 20, 2017, 08:53:23 PM
 #71

Because people just don't understand what is it btc
Even when people understand about bitcoin, some of the features that bitcoin has got keeps the users to be in hesitation whether to use it or not. With gold such a thinking never exists because of the security it provides for the person who hold it for various purposes.
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November 20, 2017, 09:04:31 PM
 #72

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?
A person can see gold with his own eyes, but we can not see Bitcoin. According to this, some people just do not realize what it is and why such a big price for Bitcoin. Roll Eyes
you have a point that bitcoin are hard to believe for unlike  gold that it is the where start just like on the time that you have to make some exchange of goods then gold are some transaction that they made of and the time goes and pass by it is getting more popular then and now unlike bitcoin even the price of it is much better than gold but on how people adopt it is not as like as gold because bitcoin is a digital currency on our modern age.

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trk
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November 21, 2017, 01:46:59 AM
 #73

You are comparing orange and apple dude
Btc is a currency, today gold is mainly a safe haven, people use it to store their asset, not to use it as a currency
Gold is still the most stable out there to store your asset agains inflation and political uncertainty

MarkusIsaiah
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November 21, 2017, 01:51:28 AM
 #74

gold is more popular and legal in all country so gold is way better than bitcoin. Gold is most stable than bitcoin and gold is more higher value than bitcoin.
 
Pedro18
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November 21, 2017, 01:55:20 AM
 #75

Because gold is old school, they believe in gold because it's physical, they can hold it, there is physical interaction. When we compare gold to bitcoin there are may different, many advantages of gold to bitcoin or bitcoin to gold.
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November 21, 2017, 02:28:23 AM
 #76

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?
A person can see gold with his own eyes, but we can not see Bitcoin. According to this, some people just do not realize what it is and why such a big price for Bitcoin. Roll Eyes
you have a point that bitcoin are hard to believe for unlike  gold that it is the where start just like on the time that you have to make some exchange of goods then gold are some transaction that they made of and the time goes and pass by it is getting more popular then and now unlike bitcoin even the price of it is much better than gold but on how people adopt it is not as like as gold because bitcoin is a digital currency on our modern age.

People say gold is better because they are naive. Yes gold is better than FIAT money in terms of everything that relates to money. But gold still has problems, we mine more and more of it every year, and you can actually tamper with the properties in gold via melting it and adding in other metals, thus changing the properties of it, but still selling it for the same value.
King Sastro
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November 21, 2017, 02:34:40 AM
 #77

It must be recognized that gold is an investment received almost 100% of people in this world, all countries make gold as a measure of wealth and foreign exchange while bitcoin may not be up to 5% of the world's population who use.


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November 21, 2017, 02:35:37 AM
 #78

Its so simple, gold is beautiful metal that not everyone can own it. If someone give you a choice to choose 1million usd in form of gold or in form bitcoin. I am sure that you will choose gold.

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November 21, 2017, 03:19:33 AM
 #79

Thats the good question, gold is stable in many of thousand years and proven of proven of all country. But the bitcoins is not stable when her high and low the value or people worry stop like a bubble.
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November 21, 2017, 04:32:06 AM
 #80

Well, that's because the price of Gold is stable (or slowly fluctuating). Even the bounty rewards announced on this forum are mentioned in Gold. See this: Security bounties.

Bitcoin is still a developing technology and hence there is a huge volatility in the price of it whereas gold is there since centuries and it is stable in terms of value (or moving with a negligible speed) so people having less risk profile consider paying in Gold or fiat instead of any other currencies.
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