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Topic: Explain (Read 1851 times)

hero member
Activity: 700
Merit: 553
October 19, 2017, 04:48:49 AM
#69
Bitcoin is a digital currency while gold is a natural resource.I prefer btc against gold because of volatility and trading oppurtunities.
full member
Activity: 532
Merit: 101
October 19, 2017, 04:44:01 AM
#68
I think bitcoin is better than gold nowadays and to the future because bitcoin is still increasing and best in investment. Because the value of bitcoin is much better than gold. Bitcoin is better in investment, trading and also mining, its become better than gold. You just trust in bitcoin than gold because of its advantages and benefits gives to the people. Bitcoin gives people more opportunity than gold, and bitcoin is an international currency that you can use it anywhere.
hero member
Activity: 1862
Merit: 830
October 17, 2017, 02:21:16 AM
#67
Hey
Smiley
Well its preety hard to make a Choice but for sure both have their own merits and demerits.
Gold is something that is stable where as Bitcoins are something whose value keeps on fluctuating thus we can't be sure of its future value.
Bitcoins are not acceptable by every government across the world where as gold can never be banned in a country as long as women inhabit it Tongue
Bitcoins can be banned in the duture, gold would never be it is continued to be in use since time immemorial .
Bitcoins can give you high end profit suddenly! Or by waiting a little and you can even earn then back by trading and minning and you can also join signature campaigns and earn a little for yourself but there is no such thing with gold thus its a little weird to decide about which one is best and which one is not.
Lets make it a tie Cheesy
member
Activity: 69
Merit: 10
October 17, 2017, 02:18:00 AM
#66
They are not so different commodities at their main concept. Both are mined, both are used as a mean of exchange, both can be stored and both have great value. But, BTC has not reached the mining limits as gold has and that is the first point of difference. Also, gold is not that accessible from everyone like BTC is, but in all those years gold exists it has been accessed and used by more people than those that use now BTC. For me that is the only reason i would choose BTC over gold. Even now bitcoin is quite a virgin territory and has more potential.
full member
Activity: 168
Merit: 100
October 17, 2017, 02:09:42 AM
#65
Actually they are totally different.
GOLD is safe heaven for investors. If they are economic problems in USA or EU gold will rise
But bitcoin is totally demand related.
So you are comparing apples and oranges.


They differs also on how the two use in the market. But they have its own properties and important role.
full member
Activity: 392
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platform for everyday business
October 17, 2017, 01:59:01 AM
#64
A key advantage of bitcoin over gold is that the supply is transparent, this eliminates fear of the typical inflationary pressure. Bitcoin is also highly divisible and secure. Transactions in bitcoin is of course much easier than gold.


Bitcoin is better than gold because that gold cannot used in the market trading  it is only deposit in the bank,not like bitcoin it can used in any other  kind of transaction.there is advantage of bitcoin than in gold because you cannot bring gold in the market its risky in your life.while in bitcoin you can transact billing exchange of money  through internet,with safety.
hero member
Activity: 1372
Merit: 503
September 23, 2017, 05:01:50 AM
#63
What do you believe bitcoin is better than gold, explain?

Bitcoin I think is better in gold in some retrospect only as nothing can ever beat the meaning and value of gold. There is only so much that hold can do however it cannot grow on its own and goldcant be passed on electronically anytime and anywhere.
member
Activity: 134
Merit: 10
ODEM.IO - UNLOCKING HIGHER EDUCATION
September 23, 2017, 04:56:22 AM
#62
What do you believe bitcoin is better than gold, explain?
For my own opinion, bitcoin is better than gold. It is because it is easier for me to mine bitcoin and earn it rather than gold. But if in terms of its price or value, i think gold is better than bitcoin. Bitcoin has an unstable price that it may go higher or even lower.
sr. member
Activity: 1008
Merit: 355
September 23, 2017, 04:54:58 AM
#61
What do you believe bitcoin is better than gold, explain?

First, I must categorically say that gold is gold and Bitcoin is not meant to replace gold as the real safe haven though many right now are comparing or saying that Bitcoin is the new digital gold. Well, both have good value right now and while gold has been there for time immemorial there is a great excitement right now in Bitcoin because it shoot in the race for value so fast while still being a relatively new.

Personally, I think Bitcoin and gold are different assets so it would not be good to say that one is more valuable than the other though in price Bitcoin has already overtaken gold. Gold is not under the heavy scrutiny and no one can say that gold is dead. Right now, Bitcoin is under heavy attacks from people who are disrupted by it but I am sure that eventually Bitcoin will win.
sr. member
Activity: 742
Merit: 250
September 23, 2017, 04:47:29 AM
#60
What do you believe bitcoin is better than gold, explain?
Both gold and Bitcoin are good, both are profitable investments. But compared to the present, I think Bitcoin is a bit better, although its value is decreasing but still prevailing. In terms of value, it is clear that Bitcoin has surpassed gold, not only that, but it can also increase in the future, something that attracts many investors. The recent gold seems to be wobbly. Bitcoin also features superior features, a modern blockchain platform, and optimized transaction execution. However, both are very good investments, worth the attention of many investor
full member
Activity: 443
Merit: 110
September 23, 2017, 03:48:49 AM
#59
,as you can see there no common traits in bitcoin and gold aside from both are investments. you don't need to compare both of them they have different characteristics and purposes, there is no greater or more advantage between them, if you have both then it is better opportunity for your future.
full member
Activity: 868
Merit: 108
September 23, 2017, 03:07:39 AM
#58
For me bitcoin is better than gold because bitcoin is easy to send and to receive but a gold is harder to find and not easy to send to someone if we want to give it to another person who`s special for us.

Bitcoin is a digital money, so it easy to use as means of payment in around the world but gold is difficult one to use, usually  in online shopping that we need a digital currency for easy to buy something.
newbie
Activity: 42
Merit: 0
July 31, 2017, 11:52:42 AM
#57
What do you believe bitcoin is better than gold, explain?

It's Not.

Gold has held value for thousands of years. Bitcoin for less then 10.
sr. member
Activity: 980
Merit: 255
July 31, 2017, 11:47:53 AM
#56
What do you believe bitcoin is better than gold, explain?
I think you shouldn't compare gold and bitcoin because they completely different from each other gold is physical bitcoin is digital although they are both considered as investments and also in terms of price bitcoin beats but when it comes stabilization and market capitalization gold beats bitcoin. bitcoin has a long way to go to beat gold.

What do you believe bitcoin is better than gold, explain?
Bitcoin has limited supply unlike gold, the supply of gold keeps increasing every single day, while you could say the same of bitcoin thanks to the bitcoin miners, we know that the supply is limited to 21 million coins but we do not know what will be the the final supply of gold and if space mining ever becomes a reality the supply of gold is virtually limitless.
Gold has limited in supply too. unlike in bitcoin we can't determine exact supply of gold in earth but we all know in earth everything is limited.

But that is exactly my point, gold has only a limited supply if humans are unable to conquer space and that could very well become a reality in the next century, if the humans conquer space then the only scarcity we will ever know will be the one created artificially by us, that is why bitcoin is such a great invention.
hero member
Activity: 1484
Merit: 516
July 30, 2017, 05:42:38 AM
#55
With prices that make people stunned from year to year, he was ranked the top investment in comparison with gold.Many people turn to bitcoin trading rather than gold Even people who trade forex switch to crypto market. sure Is better than gold .
hero member
Activity: 728
Merit: 502
July 30, 2017, 04:44:58 AM
#54
Bitcoin is better than gold, because after you earn bitcoin you got knowledge and you learn from the different post here in forums. Bitxoin is important to me this is not just giving me knowledge but also it gives me the good benefits that i wanted to.
yes no doubt that bitcoin is better than gold because now bitcoin is at peak and the prices of the bitcoin is growing faster but gold has the same price it cannot change the price till the government do not announce but the price of the bitcoin increases with the number of people joining bitcoin forum and bitcoin is a secure currency while on other hand gold is not so much secured and safe to keep along with us.
sr. member
Activity: 644
Merit: 252
July 29, 2017, 06:09:11 AM
#53
What do you believe bitcoin is better than gold, explain?

Why should we compare things that are not common in any ways? Bitcoin is not gold and also gold is not bitcoin. Whatever happened each of this have their advantages and disadvantages? Bitcoin is sometimes much better than gold and gold is sometimes much better than bitcoin. Gold can only be created after million years. Bitcoin is a digital currency that only exist in the internet but gold is a solid thing. Let’s us not make a judgement between the two.
full member
Activity: 293
Merit: 100
July 28, 2017, 12:41:47 PM
#52
For me i want to choose bitcoin if you know how to handle about earning money for bitcoin is easy to you. If you choice gold so many things you need materials to find the gold you know that is hard get.
Both has different advantages but I choose bitcoin as this is volatile which anyone can earn profit. A digital currency which easy to avail and to access while gold is rare. Thus, bitcoin is on top from me were we can I have it anytime and anywhere.
Yes, both has its own advantages and disadvantages. They are both essential in our world today but in my own opinion, I still choose gold. Why? Because gold is tangible. I am more safe if my treasures are can be touched and can be an ornament.
sr. member
Activity: 546
Merit: 255
July 28, 2017, 12:02:19 PM
#51
What do you believe bitcoin is better than gold, explain?
Well because I believe that bitcoin is better in terms of a long term investment than gold. Even if the price of bitcoin is much more volatile than gold. We all know that gold has a much more stable price than bitcoin right? But setting aside bitcoin's volatility, investing in bitcoin for the long run will have a huge difference in the price than gold because the importance of bitcoin will continuously grow over time as commerce become more digitized.
sr. member
Activity: 406
Merit: 254
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July 28, 2017, 11:21:04 AM
#50
Bitcoin is better than gold, because after you earn bitcoin you got knowledge and you learn from the different post here in forums. Bitxoin is important to me this is not just giving me knowledge but also it gives me the good benefits that i wanted to.
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