AndrewBrown
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March 23, 2018, 08:04:07 PM |
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This could be because gold is much more stable than bitcoin when it comes to pricing and also with gold investments, the risk is significantly lower when compared to investments made in cryptocurrency.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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GamingBro
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March 23, 2018, 08:36:34 PM |
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Gold is valuble , much more stable and time-tested asset than bitcoin. People who don't like to risk and like to take their money under control will not use bitcoin.
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Kuchiyosenojutsu
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March 23, 2018, 10:18:27 PM |
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why people prefer gold over bitcoin? because gold has a high trust in the community as the safest investment and minimal losses. it used to be used as a means of payment, a means of exchange, and began to develop into an investment to date. bitcoin has a very high risk, with hackers and prices that tend to be unstable. therefore people still prefer gold as their investment because it is safe and very minimal loss.
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gilabusuk1
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March 23, 2018, 11:50:28 PM |
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it is true that bitcoin can be accepted as gold as a commodity and can also be accepted as a tool for transactions while gold can not to be as a tool of transactions
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welcome kamu
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March 24, 2018, 01:50:00 AM |
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because gold investment is a very safe investment compared to other investments including bitcoin, it is very safe even though stagnant but many people like to invest gold
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kodtycoon
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March 24, 2018, 02:34:09 AM |
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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?
Because gold has been liked by many people long before bitcoin appears, so I guess that's only natural. Maybe in the future if the presence of bitcoin continues to grow and the better, meaning no more resistance to bitcoin. I think bitcoin will be much more better than gold.
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Isaacck
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March 24, 2018, 02:37:37 AM |
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Gold can be viewed as better if investigated for its strength. Gold has been around since essentially the primary human advancements, and it has dependably been profitable. It additionally has natural incentive as it can be utilized for adornments, gems, and even gadgets. Acceptance of the gold is easier than bitcoin, so I think that's why some people chose gold for spending than bitcoin.
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InvestMen
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March 24, 2018, 02:46:46 AM |
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Each of the assets has earned its stable place in the investment portfolio. That bitcoin that gold always restores prices and goes to the same goal, albeit in different ways. Thus, for any depositor or trader, owning gold or Bitcoins will only bring positive effects.
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olia10
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March 24, 2018, 03:13:04 AM |
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Gold continues to be mined, and mined, and mined. Perhaps the amount of gold in the world is limited, but bitcoin is a more mathematical and regulated thing. No one can change math.
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Bobocantik
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March 24, 2018, 03:33:11 AM |
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I think many people choose gold investment because it is quite stable and very safe. The value of gold will increase over time. Bitcoin value is not stable. Bitcoins are virtual currencies and are high in value, so many people will feel anxious because they are afraid of the risk of investing in it quite high.
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ivakar
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March 24, 2018, 03:38:33 AM |
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well I guess, people says that gold is better because it is expensive that can give us money, can be converting into different currencies and keeps its values great. also the gold can be traded without internet and can be accepted in different countries. also it value more less stable in time
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Scallywag
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March 24, 2018, 03:55:41 AM |
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The value from gold comes from the backing of fiat and the use in jewelry, so it is basically in demand and it is needed to have some reserves. this makes the other gold worth more because the supply is limited. bitcoin has value because of the technology and the limited supply, but there are a lot of competitors offering basically the same thing as bitcoin. so gold has proven to hold value over a lot of years , and bitcoin still has to do that , we will see in the future.
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Yusuf77
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March 24, 2018, 03:57:46 AM |
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Gold has a form and commodity that almost exists throughout the world. Unlike the bitcoin that does not have a physical form and there are still many people and countries who argue about bitcoin. so it really depends on the risk too. bitcoin has greater
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imking
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March 24, 2018, 04:48:15 AM |
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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?
The reason that pop into my mind. We all know that bitcoin value is not stable anytime any moment it can change it might decrease the price or sometimes go pump. Gold also change but not faster than bitcoin. Gold takes a lot of years before it increases the value. The others reason some person say it because we can hold and see the gold. There is the reason for everything.
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Vlack
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March 24, 2018, 05:16:15 AM |
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I'm guessing since Gold has been sought after for thousands of years most people have a better understanding of it. Meanwhile Bitcoin is something relatively new.
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paparexon0414
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March 24, 2018, 05:29:41 AM |
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I got your point. Bitcoin is an online currency that can be used in paying some merchandise online and to some shops accepting it. Its a craze happening in the world because we are in the era of technolgy and some innovation must takes place and bitcoin payment is one of it. Gold is better because its a tangible asset that has a real value. You hold it and possess it. While bitcoin has no value at all, its just a representation of money. Its is popular that is why it keep on continuing its reighn in the world. If also have the chance to have a gold, i want to have one too, but as bitcoin continue its popularity, i just want be part of its wave.
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Name: Claudio
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March 24, 2018, 05:51:14 AM |
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Bitcoin can be used as payment anywhere that is accepted . But you cant use gold as payment directly since everyone doesn't have talent to know how many karrat in that gold. Not like Bitcoin that we can depend on the market published rate. To knw the value. But this two has there own things.
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pluMmet
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March 24, 2018, 06:13:14 AM |
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Bitcoin can be used as payment anywhere that is accepted . But you cant use gold as payment directly since everyone doesn't have talent to know how many karrat in that gold. Not like Bitcoin that we can depend on the market published rate. To knw the value. But this two has there own things.
Yes indeed bitcoin can be used as a tool payment anywhere while gold not, but the gold can be received by all communities, not there will be people who refused gold because they know that the gold is very precious metal
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Marrying_Couch
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March 24, 2018, 06:35:50 AM |
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yes it is true, when viewed from the resale price of gold greater than bitcoin, gold is more promising than bitcoin. Gold does not rise or fall in price even tends to rise, but not with bitcoin, bitcoin prices rise and fall, making people less confident with bitcoin. But the excess bitcoin of gold is, bitcoin does not require much capital different with gold that requires a lot of capital to buy it.
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gigusico
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March 24, 2018, 09:54:18 AM |
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I think because gold has attracted people from very ancient times and now this property has not grown stronger and hence more trust in it because of stable prices
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