Generalbablita
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February 12, 2018, 12:40:45 PM |
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You are just pointing out the advantages of using bitcoin as a means for paying for commodities. There are a lot of things to consider here like the risks in investing in one.
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ungongbuotan
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February 12, 2018, 12:42:27 PM |
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Its like fighting with traditions, there is no winning no matter what. Gold has been the standard and has been used since the beginning. People will always choose gold over bitcoin. Some people feels comfortable with something physical they can hold on over something that is virtual only.
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pekcoin01
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February 12, 2018, 12:43:25 PM |
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Alışkanlık diyebiliriz. Coinlere hala çoğu insan güvenemiyor. Altın dünyada bulunan bir maden. İnsanlar için bu daha çekici geliyor.
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fuer44
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February 12, 2018, 12:47:02 PM |
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because gold price is more stable and every year price of gold always increase. although the rise is not as significant like a bitcoin, but the stability of gold prices makes people more comfortable investing in gold.
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rosebit
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February 12, 2018, 12:50:22 PM |
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This is why people say gold is better,gold has its own advantages,It can be used as an outright gift, to make jewelry, and in manufacturing of certain products.
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AdoboCandies
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Giggity
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February 12, 2018, 01:30:35 PM |
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I think Bitcoin can be an online currency in the future but it cannot be a main currency in the future, Because the banks would be worthless if it become our main currency.
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Ziomuro27
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February 12, 2018, 01:38:45 PM |
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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, because it cost a lot than bitcoin this is only my own perception, and also if you will use gold as a payment what will others react of that, they will not accept it, because it cause a lot maybe some people will accept that but more of them will accept a normal money also a bitcoin. Like you said Bitcoin is using for payment on other market It feels like technologies nowadays really surprise me, it was a good news that they are accepting Bitcoin in other countries I hope that in our country they will accept Bitcoin too so that some people will not worry if they get in a emergencies, like their lost their money.
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Awraawra
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February 12, 2018, 01:43:31 PM |
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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?
they are saying that way because some people still don't know what bitcoin is and still they don't know how to use bitcoin to buy some of there needs,and they do believe that gold is still higher than bitcoin.but for me i would rather choose bitcoin as one of my money to be spend for every where i go.
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JeanTracy
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February 12, 2018, 01:58:50 PM |
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The value of gold is recognized by most people. Its price is stable and will not change much. It has entities, so people think gold is better.
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Hotrod_88
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February 12, 2018, 02:02:28 PM |
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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?
Maybe because the gold is a natural made things so they are more prone into a need in the future so that they are saying that gold is much better. And besides gold are physical so thwy are gonna hpld and see the gold in their naked eye and they can turn it into luxurious jewelry and bitcoins can be turn into that thing because bitcoins are virtual and you cannot see nor touch it. But for me bitcoi a ia way more better im this period of time so we must take advantage with that and believe in bitcoins.
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equator
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February 12, 2018, 02:07:54 PM |
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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?
What you are saying is about only some country where we can purchase or use Bitcoin in local but 80% of places still their is no detail about bitcoin. Bitcoin you can sell in exchange and convert them to fiat currency and use it. If you purchase product from online through bitcoin the courier charges are high which makes product price costly. For gold if you are in emergency then if you give gold as security for loan to your neighbor or anyone you can get loan immediately not possible in Bitcoin as most of them still dont know about Bitcoin.
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fattyforhire
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February 12, 2018, 02:11:24 PM |
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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?
People who say that gold is better, most likely the old generation. Such people find it difficult to innovate. They are used to stability, they are accustomed to living in comfort. They probably no longer seek anything.
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weston4mills
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February 12, 2018, 02:16:08 PM |
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It will be much more easier for bitcoin once it gets stable and it will win its trust again. Gold is more stable now but soon it will be replaced by bitcoin
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jeluhtajem
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February 12, 2018, 02:18:14 PM |
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because the process of mining gold is more difficult than mined bitcoin gold miners, risking their lives to get gold, they dug a very deep hole to get a golden grain and the world's demand for gold is enormous. even more so because of the very high gold taxes. because gold is a source of natural wealth and another reason, because the gold price is more stable than bitcoin. gold does not fluctuate
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LigwagGanern
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February 12, 2018, 02:22:54 PM |
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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 the reason why people says gold is better because gold is tangible not like bitcoin or other crypto currencies. Of course we have a motto in life that "To see is to believe" so if you can't see a bitcoin for sure you will believe to it. While there is so many gold in the world so that many people believe in this.
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monkeydominicorobin
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February 12, 2018, 02:25:06 PM |
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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. Gold is better as a paper weight. Besides that I don't know how it should be used.
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Ngewex Yuk
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February 12, 2018, 02:27:43 PM |
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The main reason everyone says gold is better than bitcoin because gold is acceptable everywhere, whenever and everyone receives gold, I dare say that 100% of people in the world know about gold but only 1% people know about bitcoin.
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TIME TO SLEEP
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Jacsnuffles
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February 12, 2018, 02:28:18 PM |
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It is obvious. Gold is a precious metal which is tangible, while Bitcoin is digital. I am a believer of Bitcoin. But I admit, I wanted to buy Gold, for future purposes. I also believe that there will be a chance or a situation where Power or electricity will be limited. But for now, I am into Bitcoin, yes, so I can buy more Gold.
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Mihaylovic
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February 12, 2018, 02:28:45 PM |
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Because they are traditional investors. Bitcoin and blockchain technology is a revolution. It is hard for the people to accept it in the beginning. Especially if their age is not young. They prefer more stable and guaranteed investments.
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Nexjr14
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February 12, 2018, 03:01:59 PM |
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It is obvious. Gold is a precious metal which is tangible, while Bitcoin is digital. I am a believer of Bitcoin. But I admit, I wanted to buy Gold, for future purposes. I also believe that there will be a chance or a situation where Power or electricity will be limited. But for now, I am into Bitcoin, yes, so I can buy more Gold. Yes, the bitcoin is a digital currency used as a means of payment / transaction. bitcoin is used by the world community, so this currency is global. And gold only as jewelry is also an asset. Some people do not know the value of bitcoin is so large, so they deduce the gold better.
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