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Author Topic: Why people says gold is better?  (Read 11634 times)
lionheart89
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January 10, 2018, 09:52:58 AM
 #841

gold and bitcoin can not be aligned, it's different. gold is a precious metal that has a form and a stable price and continues to increase, good for investment because the risk of loss  is very low. while bitcoin is a precious and highly risky virtual currency.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Bigbay
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January 10, 2018, 10:23:53 AM
 #842

The main reason why people are insisting that Gold is better than bitcoin is because Gold has been the standard of all currency since inception. Although both can be used to store wealth, but people still prefer it to bitcoin because it has been in existence since inception of currencies and you can feel and touch Gold. Most people love what the can see and hold.
niahasasj
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January 10, 2018, 10:26:55 AM
 #843

Bitcoin is better than gold.gold is asset,bitcoin is asset and currency.we can make transactions through the bitcoin.we can buy things with bitcoin.
skyland999
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January 10, 2018, 10:29:11 AM
 #844

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 if used as a long term investment is very good and its high value and it is possible for people who do not know the bitcoin price of his unit because I think bitcoin as a good investment does not have long term for the medium term also I think good because bitcoin its value is not stable
Laokong
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January 10, 2018, 10:32:32 AM
 #845

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 Gold is known by everyone while now there are still some people who doesnt know about bitcoin or doesnt trust it. And Gold is one of the rarest because it use to be the very useful in the ancient time.

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January 10, 2018, 10:38:21 AM
 #846

Gold has an "historical" value. Furthermore, it has a lot of cool physical characteristics; also, you can touch it, which is one of the most important difference with Bitcoin: a lot of people can't trust Bitcoin because "it just exists on the internet".
eka rock69
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January 10, 2018, 10:39:24 AM
 #847

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 the gold there is in shape. And they have more confidence in gold because it is more promising for investment.
GeviraBrooks
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January 10, 2018, 10:40:15 AM
 #848

Nothing is better, not gold , not money , not crypto, the best thing is LOVE and understanding of your purpose.
JerryJam
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January 10, 2018, 10:50:48 AM
 #849

First of all, gold is a precious metal. It can be hold in hands or keep in the box as jewelry. So people who used to see their wealth prefer gold. But do not forget that the gold you need to buy. And for that we need money.

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doycku
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January 10, 2018, 10:51:47 AM
 #850

Honestly, I do not understand such people at all. Yes, not all structures accept bitcoin as payment, but you can all transfer to cash and pay for all services. For me, bitcoin is better than gold.
Thegreentree
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January 10, 2018, 11:07:03 AM
 #851

Gold has been used as a form of currency worldwide for centuries therefore the worldwide acceptance of this precious metal.
Monro3000
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January 10, 2018, 11:14:57 AM
 #852

In order to determine that the goods paid by bitcoin do not require much effort. You will see that money has arrived at the purse. With gold it is heavier, 1 gram costs about 20 $. This means that if you want to buy a burger for $ 1 you will somehow break a gram of gold into 20 parts, which is unrealistic. In addition, not everyone knows how to determine whether gold was given to you, or copper, for example, which also makes it difficult to exchange.

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Majharul Saiif
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January 10, 2018, 11:31:35 AM
 #853

I also think that gold is better than Bitcoin.Because, Bitcoin is not stable and don't accept by whole world.But gold price is mostly stable and it is accepted by whole world.For that reason, people says gold is better.

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arcfaith
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January 10, 2018, 11:40:00 AM
 #854

Good thing about gold is its stability. If you just want to store your asset, go for Gold. If you want to invest and be part of a blockchain community that is changing the future, go for Bitcoin. So either or, or go for both.

xiaopang11
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January 10, 2018, 12:03:14 PM
 #855

I think people think so many reasons, such as the value of gold has received recognition around the world, anti-counterfeit know that gold is very valuable, obtained the anti-counterfeit recognized, and the currency only by a small number of people admitted that level of recognition
Jupeter
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January 10, 2018, 12:09:19 PM
 #856

Gold has been used as a form of currency worldwide for centuries therefore the worldwide acceptance of this precious metal.
I think people said that gold is better than bitcoin is because gold is tangible compare to bitcoin, we all know that many people is not known bitcoin yet thats why many people are still trying to say that gold is better, but for me i wll always choose bitcoin is better because when a many years will comes i know that the value of bitcoin is we will be more high.

CrazeCoinz
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January 10, 2018, 12:17:20 PM
 #857

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?
Yeah its true. No one is accepting gold as payment because Gold is not a currency it is known as a high value commodity.
Unlike bitcoin it was design as digital currency and many business establishments are now accepting on it.
Gold is better in terms of investments because it has physical appearance and it's value is not so volatile as bitcoin.
bitfocus
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January 10, 2018, 12:19:31 PM
 #858

Once gold was used as the medium of transaction or money, then gold became the reserve to issue fiat and bills, and people are using gold from centuries, every child grows up seeing their parent values gold especially above other things - so, people still love gold. Also, the limited supply of gold makes it more precious day by day. Now, of some people loves gold over cryptos or Bitcoin, that's their choice.
catchemcrypto
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January 10, 2018, 01:46:28 PM
 #859

Perhaps they believe in the physical, classic, and longest standard for currency since the early ages. Gold has been the standard and since it is tangible, it is easier to believe in
zebii memon
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January 10, 2018, 01:49:16 PM
 #860

when you purchase gold in lowest rate and after some time its price is increase and you sell out it.
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