Is gold better than Bitcoin? - page 47.

DashCoinDark

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Quote from: zerocharisma on April 25, 2016, 10:04:01 PM

Quote from: bittrojan on April 25, 2016, 09:56:48 PM

Not much,maybe bitcoin better than gold just in price and physical,bitcoin and gold have good potential for investement,the price are good for make profit,and now gold also can traded virtually.

On investment they are different. In gold, you invest in it for a long time investment without fearing for the price will go down. And Investing in bitcoin has a quick big profit for a short time period but not knowing what will the future will bring to bitcoin.

Both are a strong currency but if you are talking about the future than I can tell you that Bitcoin will be better because it is becoming more popular and used and that is perfect.
And that is bad indeed for Gold because you cant use Gold as a online payment method and that is the bad thing of it.

diodio5

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Quote from: Erzatium on April 22, 2016, 06:52:39 PM

In a way it is better to have and posses gold but bitcoin is the main investment with so much potential so i would go and stick with bitcoin for now.

Potential is something that is still in imagination and maybe it could happen or not so do not expect more. Gold has proven to be safe and have a long dpean. Gold has a very long lifespan of more than a thousand years. and it prove that gold would be safe for the future.

Fofofolo

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gold is always a better way to buy something in stores. you cant buy something in store with a bitcoin, thats why gold always will be the first way to pay. maybe they can add bitcoin payment method in webshops

co5hike

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Quote from: CoinsRoyal on April 26, 2016, 03:24:17 AM

There are both a nice currency to use, but the good thing of Bitcoin is that you can use it online and that is quite nice and that is not possible for gold so that will be bad for gold.
Gold is used by many people now around this time but if we talking about the future Bitcoin will longer exist.

There are many people who are scared of online investments and feel that it would be a scam and will loose their money and that is the reason they choose gold as it is available physically.

CoinsRoyal

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There are both a nice currency to use, but the good thing of Bitcoin is that you can use it online and that is quite nice and that is not possible for gold so that will be bad for gold.
Gold is used by many people now around this time but if we talking about the future Bitcoin will longer exist.

AzibLala007

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gold is not better than bitcoin because gold is a materialistic thing and one day at last it will end but bitcoin is a network which has no bounds and limits and as the days pass this network is increasing and i don't think this is ever gonna stop.
because network is more stronger than any thing in the world.

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Quote from: salmanahmedone on April 25, 2016, 10:39:46 PM

A lot of people still have trust in the Gold. Also gold is there for so many decades. But i think Bitcoin will win in the future.

Gold is a good investment and it seems to be a better option for people who were unaware of bitcoin. As quoted above truly bitcoin gets more trust and win gold when adoption increases crossing certain limit.

MingLee

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Quote from: BrewMaster on April 25, 2016, 11:34:27 PM

both of them are good i think. but bitcoin is better from profit for investors perspective. and also since bitcoin can be used as a currency to buy stuff, that gives BTC an edge

A lot of investors are not worried about whether or not they're going to be able to use their investment to buy something down the street, most of the just care about the value being stable and moving on par with inflation. I know if I was investing in something I would care more about the value as opposed to how easily I could spend it.

Akupuniard

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Actualy gold is better nowdays but later i think bitcoin will be more useable and also more costly than gold. We just need to wait for this moment.

BrewMaster

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both of them are good i think. but bitcoin is better from profit for investors perspective. and also since bitcoin can be used as a currency to buy stuff, that gives BTC an edge

salmanahmedone

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A lot of people still have trust in the Gold. Also gold is there for so many decades. But i think Bitcoin will win in the future.

Arrakeen

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Offer escrow, receive negative trust

At some point in the future, gold will still be coveted. Who knows where bitcoin will be? We might not even have a means with which to use bitcoin in who knows how long...but I'm only saying this because everyone's definition of 'long-term' is different if you catch my drift Wink

Tred

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Bitcoin is more valuable than gold at this point

zerocharisma

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Quote from: bittrojan on April 25, 2016, 09:56:48 PM

Not much,maybe bitcoin better than gold just in price and physical,bitcoin and gold have good potential for investement,the price are good for make profit,and now gold also can traded virtually.

On investment they are different. In gold, you invest in it for a long time investment without fearing for the price will go down. And Investing in bitcoin has a quick big profit for a short time period but not knowing what will the future will bring to bitcoin.

bittrojan

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Not much,maybe bitcoin better than gold just in price and physical,bitcoin and gold have good potential for investement,the price are good for make profit,and now gold also can traded virtually.

CryptoJeweler

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Quote from: Kprawn on March 28, 2016, 11:42:13 AM

A lot of people seem to think gold is the answer to all our problems. Every time the economy takes a turn for the worst, people turn to gold. {They invest in gold to hedge against these problems} If you

do not buy physical gold items/ornaments/jewelry/gold bars ... you still have ZERO protection against anything. It is just a piece of paper and a ledger entry on a private database. People seem to think

that there are tons of gold stored in secret vaults under government buildings. Is this true? https://www.youtube.com/watch?v=gZcRk7UClO4 { There are no proof of this and audits in the USA are about

60 years old. } You have the only entry to your investment, when you invest in Bitcoin. { The private key } The proof that it exist, is on a public blockchain.... Wink

Hi,

In modern world. Bitcoin popularity is increasing then gold. It's price is also stable then gold. Moreover you can also use bitcoin to buy stuff just like money so that is a perk that gold doesn't offer you.

https://bitcointalksearch.org/topic/m.14606989

Thank you
CryptoJeweler

Superways

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Quote from: bob123 on April 24, 2016, 04:30:57 AM

I like btc more than gold becaues you can send enormous amounts of it all around the world in seconds Roll Eyes

yeah, that is a good and i will say intelligent reply, we can send our bitcoin to any person in any part of the world without any restriction, while sending or carrying gold from one country to another country is considered as smuggling and crime, in bitcoin we are the boss of our money while in gold we will depend on government rules.

mark coins

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Quote from: Oscoda on April 25, 2016, 04:50:21 PM

Quote from: terman45x on April 25, 2016, 04:40:17 PM

Quote from: Snail2 on April 25, 2016, 04:35:02 PM

Depends on the circumstances and on location. Gold working fine without electricity, internet and long explanations about what it is, so it has certain advantages over bitcoin.

Gold is more profitable then bitcoin for sure the only issue is that it doesn't allow us to make quick profits which is applicable in bitcoin and people are choosing bitcoin at a moment only for that reason.

Gold is not more profitable in my eyes because gold is only profitable on a long term with the bitcoin you can make a lot of money in a relative short time.
If you do this multiple times with the bitcoin, the bitcoin is so much better..

People who believes in new technology and who have ability to take risks will always choose bitcoin and not gold, as bitcoin will allow them to make huge profits in quick time.

Oscoda

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Quote from: terman45x on April 25, 2016, 04:40:17 PM

Quote from: Snail2 on April 25, 2016, 04:35:02 PM

Depends on the circumstances and on location. Gold working fine without electricity, internet and long explanations about what it is, so it has certain advantages over bitcoin.

Gold is more profitable then bitcoin for sure the only issue is that it doesn't allow us to make quick profits which is applicable in bitcoin and people are choosing bitcoin at a moment only for that reason.

Gold is not more profitable in my eyes because gold is only profitable on a long term with the bitcoin you can make a lot of money in a relative short time.
If you do this multiple times with the bitcoin, the bitcoin is so much better..

rekinthis

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Quote from: Snail2 on April 25, 2016, 04:35:02 PM

Depends on the circumstances and on location. Gold working fine without electricity, internet and long explanations about what it is, so it has certain advantages over bitcoin.

as far as i know bitcoins might also work without all these things because people might mine it by doing calculations on paper if internet suddenly goes down, but lets hope it wont happen

i think that bitcoins are definitely better than gold as in my opinion, it is easier to use it for buying stuff and people cant use gold on regular basis because of its sizes and possibility to be stolen

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