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Author Topic: Why people says gold is better?  (Read 11642 times)
royromales
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December 15, 2017, 04:00:11 AM
 #521

Gold is the usual currency since the beginning of the day Money and stock shares are useless in times of war because they do not yet know that gold is one of the greatest of all

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December 15, 2017, 04:19:27 AM
 #522

Gold is better because gold is the oldest and highest value since it will be discover and time passes they will be up to the high value it never down as in down so that people says gold is better.

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December 15, 2017, 04:51:00 AM
 #523

the truth is that people have it implanted as a gold reference chip but I already have the digital gold bitcoin and also what happens is that they do not accept it because they know that they can falcify it while bitcoin is impossible to falsify it

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December 15, 2017, 04:54:24 AM
 #524

For me gold is better.. 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?
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December 15, 2017, 04:57:10 AM
 #525

People still are bounded in traditional thoughts. I personally believe that Gold is Gold. Gold is valuable at its own status and level according to precious metal. But we cannot compare it with bitcoin as an asset.

World is now in starting phase of decentralized technology's adoption, but in coming future everything will be changed.
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December 15, 2017, 05:10:51 AM
Last edit: December 16, 2017, 03:12:42 AM by Spoetnik
 #526

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?
yes. and gold just have own store, than why people say gold is better than bitcoin?
simple i think. gold cant broke, and bitcoin can broke. if in this world internet down forever, are you still invest bitcoin? still earn bit and altcoin without internet? god's creation cant loss form this world, and reverse from it, human's creation can loss.
gold is pure treasure, everyone know about gold. all people accepted (although not acceptable as payment) and never say gold is dangerous, because if you have it, it mean you gain profit if sell to other.
bitcoin is treasure, but not all people know about bitcoin and not at all accepted bitcoin (although accepted as payment in many store). a lot of people even the government and bank say dangerous. because sometime you will loss a piece of your fund if you can handle careful.
There is no reality in this gold is not better then bitcoin its totally wrong concept because you buy gold today and then you want to sell so it will not give you any profit you will lose in gold and bitcoin is different than gold if you buy bitcoin today and then want to sell so it will give you a very good profit and there is no chance to lose here there are also a lot of opportunity in bitcoin to earn which gold don’t have so bitcoin is best then gold.

What does profit have to do with the topic ?
And what does it have to do with Bitcoin ?

Ok I'll play along for the sake of argument..

I would wager the OP here intended this topic to be a comparison of sorts of the two things as investments.
Then i would have to refer him to what i posted earlier.

Did he post what is more likely to give me unrealistically high profits ?
The answer would be "crypto".

If the question is "Which is better Gold or Bitcoin ?"
I would rather have Gold.. because of the reason i outlined before.
A key issue i take with Bitcoin these days is, it is no longer a currency but a pyramid scheme of sorts.
99% of the users involved with it couldn't care less if it even works at all.
They care about.. drum roll please   Grin
P R O F I T S.

Ideology is crypto.
I am a supporter of crypto and 99% of you are not.
You are greedy bafoons bouncing around here pissing on crypto and acting like idiots.
Why would you contribute to Bitcoins crazy rise when a crash is looming ?
If you keep inflating it too much and too fast it will have to crash hard.
And which is "better" ?

Seems to me no matter how you ask the question you get the same answer.

Ultimately i hope the 1% that actually care about Bitcoin that are likely whales and true supporters..
I hope they can find a way to exploit the hoards of greedy idiot masses to further the concept of a *used* digital currency.

I have no problem with BTC.
I have a problem with no one anywhere caring that it works like dog shit.
and yet bragging about how great it is inflating the price higher and higher.

If the "commodity" being traded is based on a currency and that currency is then broken.
Then you have a broken commodity.
So what is better a new popular virtual commodity or.. gold.

FUD first & ask questions later™
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December 15, 2017, 05:13:04 AM
 #527

probably because it's physical, and can be used as jewelry. well, to date, gold is always made as a very luxurious item, and I think people who have a lot of bitcoin, will exchange the bitcoin they have with gold.

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December 15, 2017, 05:20:12 AM
 #528

This is usually what a person with limited/no knowledge of cryptocurrency would say. Its hard for them to grasp the concept of a non-tangible object that has a very high value so they cling to what they know which is fiat currency or sometimes gold.
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December 15, 2017, 05:20:47 AM
 #529

Gold is better depending on what is the situation of the world, right now we are on virtual age and the rise of technology such as bitcoin is good at the moment, but if there was a world war and having internet would the least thing than you want then gold would exceed in this situation.
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December 15, 2017, 05:37:11 AM
 #530

Most people say that gold is better than bitcoin because of the fact that golds value is high and is increasing constanly fast It is a tangible and physical asset which can be which gives security to investors.  It can be considered as a long term investment.  Gold can be traded anywhere at anytime and can be easily converted into cash.

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December 15, 2017, 05:46:05 AM
 #531

Now this sentence is not valid " gold is batter". Now Bitcoin is batter than gold. Bitcoin is growing day by day and gold is stable.
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December 15, 2017, 05:51:39 AM
 #532

People still are bounded in traditional thoughts. I personally believe that Gold is Gold. Gold is valuable at its own status and level according to precious metal. But we cannot compare it with bitcoin as an asset.

World is now in starting phase of decentralized technology's adoption, but in coming future everything will be changed.

As you said still people in stone age. Grin

They can't understand the potential and technology of bitcoin,but bitcoin attracted more people by its huge price increase so it maybe the start of people will think bitcoin is better than gold.

In my view gold is luxurious but we can't use that immediately if we are in need so it is no use of storing our money in the form of gold.

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December 15, 2017, 06:00:51 AM
 #533

 Perhaps the most obvious difference between Gold and Bitcoin is this: Gold is a tangible physical Precious Metal, whereas Bitcoin is digital. Yet the distinctions between the two run much deeper.Gold is a Precious Metal used by mankind as a medium of exchange for millennia.But still both are very important in many ways they both increases its value.
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December 15, 2017, 06:08:22 AM
 #534

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?

gold has a constantly increasing price. It has a stable price compared to bitcoin and is widely used all over the world. gold has a price everywhere in the world. Bitcoin can only be used in a place where technology is present and a place where people know what bitcoin is.
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December 15, 2017, 06:27:45 AM
 #535

While gold is physically useful for jewelry and industry, Bitcoin’s applications are not yet clear. Gold has a thousand-year history of value its better than 10 years of Bitcoin.

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December 15, 2017, 06:29:24 AM
 #536

I think they can't just see the potential of bitcoins which we already seen because of our delicate studies regarding cryptocurrencies and I think most people in here will believe in me that bitcoin at this point is better than gold, gold on the other hand just only have the physical advantage against bitcoins.

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December 15, 2017, 10:10:31 AM
 #537


PS:
Why RE:Topic Title ?
Because it is.

Ok my fellow Canadian penguin, your'e hired!
DM me please, I run the best Comedy Club in Vancouver. I promise to remove the "penguins not welcome" sign.

Yeah i was going for comedy..
That is how i view "crypto".
I also did not expect a comeback but a 1 liner shot at me in some way.
I am used to it by now.
There is no defense or retort to what i say.. because i speak the truth.

Why is Bitcoin high in value ?
Because predators and morons are buying into it and treating it like a fucking pyramid scheme.
That's it.. period .
So WHY do they all line up to say it's better ?
They say because the price is high.
Do your comprehend how fucking god damn stupid that is ?
I'd throw all my money at housing mortgage bundles in a fucking heart beat before i bought Bitcoins.

Comedy Club ? ..you're lookin' at it.  Cheesy
Thank you, thank you.. I'm here everyday and don't forget to tip the shithead shill profiteers here.

I don't see how topics like this are even debatable.. unless your a crypto cult deceitful investard.
The answer is duh.
Gold has been coveted by man all through out human history.. and always will.
And the "price" ?
You know that grandiose comeback i keep seeing posted here ?
Well.. that can be decimated with a quick fork increasing the supply now can't it ?
Or a bug found where someone exploits it etc etc.

Don't line up to imply Bitcoin is a worthy investment.
It's not.
A sensible investment would not be a scammy scene based virtual commodity used as a pyramid scheme that is inflated to obscene levels and regarded as un-legal in many places.
Don't foster and perpetuate a little facade to lure in more victims under false pretenses.
Tell them the truth.. even if it's ugly.

Comparing a fucking pyramid scheme to Gold ?
Yeah i see the comedy alright.. I'm laughing.  Cheesy
Yeah but but but Spoetnik it's teh greatest !!11 'cause it's worth 100k a coin.
And ?
Your point ?

Question:
How do you fix something that is broken when no one sees it as broken ?
I think it’s wrong or maybe they have not a good knowledge about trade bitcoin is hundred time better then gold I never take any profit in gold because when you buy gold so then it will never give you profit in your investment and if you invest in bitcoin so hundred present it will give you a profit because bitcoin is always giving profit and it don’t believe to lose its users so I will prefer bitcoin instead of gold for me gold is just a valuable piece of metal nothing more so no need to buy gold for investment purpose .
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December 15, 2017, 11:55:59 AM
 #538

gold prices tend to be stable makes some people think that investing in gold is better than in bitcoin. They can also easily sell gold anytime and anywhere. But if they invest in gold in the form of jewelry it is a mistake, instead of getting a profit instead of the losses they will get.
Because the cost of making gold jewelry and also cut losses when the sale of gold is now more expensive, approximately 25 to 80 thousand rupiah per gram depending on the price of gold in the market at that time.
So if someone wants to invest with gold better choose gold bullion, because gold bars tend to be pure.
Currently, many banks or pawnshops offer gold bullion loans, the weight of gold offered also varies among others 25 grams, 50 grams, and 100 grams. So they can be easier to use.

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December 15, 2017, 12:03:13 PM
 #539

Bitcoin has become insanely popular in the recent times, but still majority of the people don't know about Bitcoin .
Not knowing eventually becomes the reason for not believing in Bitcoin .
People think gold is safe because it has a stable price ( though it fluctuates slightly) .
Another most important thing is that people who buy Bitcoin always have a fear that it's price may drop anytime while buying gold can never cause such fears .
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December 15, 2017, 12:15:44 PM
 #540

I truly believe that the sole reason a person would say gold is better than bitcoin is when he/she doesn't really understand bitcoin enough. It's in the nature of bitcoin to have its price increase as time passes by because of the bitcoin halving. The supply is divided by two every 210K blocks mined and it's believed we'll have another bitcoin halving around 2020. Gold has established its name in the world since it has got a good price ever since and it's having some price increase every now and then. The thing, though, bitcoin is wayyy higher than gold now. Some people used to compare bitcoin and gold all the time at the time when the price of them are nearing. That was just a couple of months ago but the price of bitcoin is wayy higher than gold now. So what do you think is better as an investment? Gold which still has the same price as before, or bitcoin which has 10x the price of gold now? The answer is so obvious.
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