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Author Topic: Why people says gold is better?  (Read 11642 times)
organelles
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March 02, 2018, 06:07:04 PM
 #1581



People consider Gold  a better option probably because its safer and there is less risk involved while handling it. its a constant store of value and rarely does its prices fluctuate coz of the markets nature

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March 02, 2018, 06:37:43 PM
 #1582

Bitcoin is in Limited number on the internet, but gold is one of the rare element on the earth. Both are the different concept of gold has a high price because it is rare on the earth but Bitcoin has a higher price because it has Haier market supply and demand. Bitcoin can be used I never because people can accept some portion of Bitcoin instead of taking the complete coin but that would be very hard with gold you can adjust text 10% of a gold very easily.
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March 02, 2018, 06:47:47 PM
 #1583

People who say gold is better than bitvoi. maybe the person does not like bitcoin or that person thinks gold is more valuable than bitcoin because gold is well known in the real world while bitcoin is only known as an object that can only be used in the presence of internet network, if gold can be used anywhere, but if orwng who think so maybe the person does not know the importance of bitcoin in our lives.
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March 02, 2018, 06:49:46 PM
 #1584

People says gold is better because gold is the oldest investment in the world, I'm sure that almost 100% of people in the world know the gold so that gold can be accepted anyone, anytime and anywhere, besides gold is a safe investment because it is physically shaped so no need to worry hit hack.

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bryant.coleman
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March 02, 2018, 06:50:02 PM
 #1585

Gold and Bitcoin each have their own advantages and disadvantages. And they have entirely different purposes. Gold is useful to protect the wealth of your investment, while Bitcoin is a high-risk asset which can either give you sky high returns, or complete loss.
Amilhussin24
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March 02, 2018, 11:51:10 PM
 #1586

Some other people cannot move on to reality that bitcoin is more usable than gold. They are being stocked in an old way that Gold is more better, because of lacked of knowledge about bitcoin. But bitcoin is just a too risky, it needs a strong knowledge about it, you must be wise enough to involve on it, and you will be successful.
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March 03, 2018, 06:23:59 AM
 #1587

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?

It's an inaccurate comparison.   It's like saying I have difficulty spending Euros or Japanese Yen in the USA.   No kidding.   You have to exchange it first, just like gold.   The difference is that you will likely be able to convert Euros, Yen, or gold to dollars for a long time to come.   It's questionable how long you will be able to convert bitcoins to dollars.   
I think there is no comparing to the gold with the bitcoin because bitcoin has entered the market recently and previously it was gold which was one of the way to transfer the money from one place to other. I have met some person who use to take money in form of gold from one place to another because gold has almost the same price every where in the world but I think, now the bitcoin has taken over that thing but the problem is that it depends more upon the country you are in or the country you are travelling to.

cyberkuto
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March 03, 2018, 06:28:01 AM
 #1588

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?


Bitcoin is way way better than gold.  If you are going to compared the price of bitcoin a year ago,  it's like 100 times better!
Svafnir74
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March 03, 2018, 07:44:59 AM
 #1589

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 that in fact gold is not better, but it's just a little different. Well, the tradition is very strong, gold has been used for many centuries. Whenever possible, bitcoin will become real digital gold.
Elliott3000
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March 03, 2018, 08:05:41 AM
 #1590

gold is only used for a piece of jewelry rather than as an asset. so far the bitcoin as the safest asset although it does not have a physical compared to the gold that has a physica.Gold dos not deppreciate and you can see and hold t and it gives assurances that crypto cannot
Frederick123
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March 03, 2018, 08:07:01 AM
 #1591

Gold is a real money and a safe way to make money.Bitcoin is also.not yet legal to most of the countries.which is unlike gold that is considered as a global investment so investors can easily use it whenever they would want it to.
NathanEthan5
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March 03, 2018, 08:08:23 AM
 #1592

The main reason why its value doesn't fluctuate to greater heights compared with other investment commodities such as Bitcoin.Gold is a good asset to have but bitcoin is still a whole lot better in comparison.
Lewis6789
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March 03, 2018, 08:10:10 AM
 #1593

Here even in my friend circle people always trying to say me indirectly that bitcoin is a way of scam and it cannot be more better than gold bitcoin and gold have their own advantages and disadvantages, both of which complement each other.
luca3030
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March 03, 2018, 08:15:50 AM
 #1594

 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.
thenameisjay
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March 03, 2018, 08:19:02 AM
 #1595

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 want something more tangible than bitcoins. With gold, they can literally swap it out instantly for money anytime since there is always a demand for gold just like bitcoins. Of course, there are more people way more interested in gold compared to bitcoins.

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March 03, 2018, 08:21:32 AM
 #1596

Gold and Bitcoin each have their own advantages and disadvantages. And they have entirely different purposes. Gold is useful to protect the wealth of your investment, while Bitcoin is a high-risk asset which can either give you sky high returns, or complete loss.
Gold is also the basis of the financial system of each state. Because of the stable price!
For me, bitcoin is a way to make money quickly.

pat231
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March 03, 2018, 08:54:05 AM
 #1597

To know the exact reason, study these articles >>>> https://www.marketslant.com/article/goldman-sachs-says-gold-better-bitcoin
https://www.bloomberg.com/news/articles/2017-10-17/goldman-says-gold-beats-bitcoin-as-bank-weighs-fear-and-wealth
https://investingnews.com/daily/resource-investing/precious-metals-investing/gold-investing/gold-better-than-bitcoin/
https://www.forbes.com/sites/simonconstable/2017/09/05/twelve-reasons-why-gold-is-better-than-bitcoin/#5fee9bd02c3c

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TonyChikago
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March 03, 2018, 09:09:31 AM
 #1598

People will say gold is better because gold has a relatively stable price than Bitcoin.
Pejoh Asu
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March 03, 2018, 09:28:15 AM
 #1599

Gold and Bitcoin each have their own advantages and disadvantages. And they have entirely different purposes. Gold is useful to protect the wealth of your investment, while Bitcoin is a high-risk asset which can either give you sky high returns, or complete loss.
Gold is also the basis of the financial system of each state. Because of the stable price!
For me, bitcoin is a way to make money quickly.
Gold becomes the standard price of other goods even including gold, not wrong if gold is the best investment because everyone received bitcoin, gold marketcap has reached 40 digits USD, and no need to hesitate to invest gold because the future of gold will continue to improve.


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March 03, 2018, 11:35:49 AM
 #1600

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?
It is hard to use gold by itself for payment, it is better to use paper money that is backed by gold, but now there is no money in the world backed by gold, the first private project in this field is Golden Currency ( https://goldencurrency.world ). If you know that your money is stable and reliable, and you can change it if you would like to - into gold - that's of much interest for users, they will prefer such money. Bitcoin is more currently as investment, and not money, its not stable, for a business with 10% profitability it is hard to get payment by Bitcoin, if its fluctuations can be of 30% a day...

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