So Bitcoin is better than Gold? - page 24.

TomUyamot

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Quote from: David Horton on May 18, 2017, 05:42:58 AM

So Bitcoin is better than Gold? Roll Eyes

In terms of fast appreciation of value, definitely yes, Bitcoin is indeed much better than gold. Bitcoin has surpassed the value of gold and its profit-making capacity. But of course there are advantages and disadvantages in investing on both Bitcoin and gold. In terms of gains, Bitcoin is very much ahead of gold. But in terms of safety and security to the investment, gold is of course a much wiser choice than Bitcoin.

Marianmariana

newbie

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We cannot solution technically about why do some federal government ban bitcoin. But we can realistically presume about it. Very first as well as for most is Bitcoin is cryptocurrency without any limitations of its development which is not controllable nd itis individually employed in the benefit of People who involved in it. Federal government might scared that it may impact in their financial policy these types of which aae economic of the country not immediately but in future may impat this is the major reason In my opinion. Banning is nice for that reason only we strategy how to access and how to strategy our long term with bitcoin all question and technical aspects raises also it solve that issues.mycb

Barbarian

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Quote from: SuperD007 on November 22, 2017, 11:33:33 AM

Well....

If you have $1 000 000 worth of gold stashed at home, you going to have to make sure you have top-notch security and you have to keep you mouth shut and not allow anyone to know what's stashed at home. Lets say one day you have a plumbing problem or some sorta issue that requires contractors to come to your home. The contractors chat to maybe your Gardner and they find out that you have secret room but he has no idea whats inside... how does the gardner know? Well the contractors who installed the secret room let slip in earshot of the gardner what they were building... so now the plumbing contactors finish the job and go home.. then one of them are at a barbeque with their mates over the weekend...after a few beers he tells his friends about this job they did where this dude is loaded and he has a secret room/safe... with probably a fortune stashed there. His friends tell other friends.. next thing you know some bad elements get wind of this potential loot... and they plan an armed robbery... this places you and your entire family at risk.

Also, if you need to get out of the country fast or needed to leave your home in a hurry (Zombie apocalyse or civil war or freak WW3 or whatever) try lugging $1000 000 of Gold with you... plus even if you get it out.. you will be a constant target where ever you go.

Now, if you have $1 000 000 of BTC with you... lol, no one will even know.. u can travel anywhere you want in the world and your money will fit in your pocket... if you accumulate more BTC no problem fits in the same pocket....

No risk to your family and doesn't make you a target... (of course have a few offline wallets where u store ur main loot and then other ones for transactional purposes.)

Gold, no thanks

Great example but even if gold can be cumbersome it is not a bad idea to hold some, not a lot just some coins after all we do no know what it may happen in the future and it is always a good idea to have your investment diversified that way no matter what happens you do not lose everything you have.

hhxcwz

member

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Merit: 10

BITCOIN

This is a hard question to answer, the bitcoin does have some properties of gold, in some ways than gold also have advantages, but I think that the bitcoin is still cannot replace gold, gold is a physical, can leave the network, not bitcoin.

EmmaAllen

newbie

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Yes, it is better than Gold. Bitcoin is more popular than gold among investors and bitcoin is growing day by day Cool

Beatcoin.it

newbie

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Yes for sure, bitcoin maybe is more reliable but can make you way more good profit than gold can, so you if you make a smart investment go for bitcoin the " crypto gold ".

mahibul49

full member

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yes bitcoin is better than gold
bitcoin will rule the world

do some research about bitcoin and then you will understand

jayram

member

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The potential for a much more profitability goes to bitcoin, meanwhile security and stability, I go for gold. One disavantage of gold on the other hand is fluidity, as for bitcoin, we can transfer a huge amount from one place to another just a touch of a button. Another is that you cannot buy something with gold straight ahead, as for bitcoin, you can do because its a currency. For me bitcoin is better than gold.

Naoko

hero member

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I don't think it makes sense to compare them....gold is used everywhere in technology as a very necessary metal and it will always be so...and bitcoin is just another opportunity to earn....it can also be called an asset, but there is no sense to compare them

scottykarate

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I don't get people saying " you can walk into any store and buy something with gold."
Most places are going to decline it. You have to be able to prove it's real, prove it is solid and not gold plated, figure out what spot is, weigh it, agree on a price, and then hope you have the correct amount of gold for your purchase. Oh, you brought a Troy ounce of gold and that's over payment? You gonna grind some off or expect them to have the Fiat on hand to make up the difference?
Most places will probably tell you to kindly exchange your gold for Fiat and then make your purchase.

KKaruchis

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I don't know if is it certainly better than gold.
Gold is a mineral created by mother nature and bitcoin for a few humans, so I don't think there's any kind of comparison in between regarding who's better and who's not. But in terms of value , bitcoin is more valuable than gold.

soilwork79

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I think bitcoin is better than gold. Gold is investment purpose only but bitcoin works like a bank, we can do transaction sending and receiving money also. And bitcoins cost is day by day increasing.

Baronggot

full member

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They are both distinct in each other in so many ways but i think Bitcoin is the thing today. It's the mainstream and Bitcoin is the new gold for this technologically advanced era.

insom

sr. member

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Quote from: LegendOF45 on July 07, 2017, 09:38:28 AM

Quote from: BigBos on July 07, 2017, 08:49:49 AM

Maybe if people do not know bitcoin, or just know it, I think gold better. But in my opinion, bitcoin is better than gold. Probably because of the increased money I can get very much in a short amount of time.

Yes I agree, the thing that makes bitcoin better than gold is the profit level, if we bought gold a year ago and we sale now we will get profit not more than 5%, but if a year ago we bought bitcoin and we sell know then we will get profit more than 400%.

Purchasing gold for acquiring the benefit was accepted to be a decent move once. In any case, now it's the season of digital currencies. Gold's value augmentation is relatively slower than a digital money. On the off chance that we take a gander at and look at the value augmentation of Bitcoin and gold, Bitcoin's rate of worth addition is very higher than gold.

JTASSOCIATES

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If we look into the graft for the performance of bitcoin and gold bitcoin is far better then gold. In my assumption Gold is consider as precious metal and ornament it can be a safe assets it will appreciate without any risk for the invested amount. But Bitcoin compare with gold chances of risk is there to lose the investment my if you hold there is chances of bounce back this two only the comparison and investor has to decide which one is best for him.

Botude23

member

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Yeah Bitcoin is better than Gold, You can earn alot of profit by using bitcoin than gold.

odranoel

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Base on this forum and ofcourse the diagram showned here, bitcoin is better than gold, and i agree with these, although they are both fast growing but bitcoin has exist the most as of today.

tyronecoinbit

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Quote from: ReindeerOnMe on November 27, 2017, 07:07:54 AM

Quote from: Silent Money on November 27, 2017, 07:05:15 AM

Yeah I think That Bitcoin is now the Much more have worth than any precious things here in world but Bitcoin Is just not stable about its value but I believe Its will literally go Much more Higher than ever and will conquer all the Currencies

Well. it is expensive, it is volatile and it is decentralized, anyone who loves these features really thinks bitcoin is very precious. But I think if I will be comparing bitcoin to gold, I will still go to gold.

Gold is more popular than bitcoin, even if you use it to pay anything in the world it will be accepted unlike bitcoin. Bitcoin may be more expensive than bitcoin but it is not that popular to people and also not so stable unlike gold.

I agree! Gold has proven its capacity and its worth for how many years. Gold can be accepted everywhere in the country, regardless of what kind of store it is. Everyone knows gold, whether you're rich or poor. Even those people who lives in the provinces knows about gold. Bitcoin on the other hand, it is gaining more popularity, its price now is really high and you can really earn huge amount of profit in a short period of time. But still, bitcoin can't be accepted everywhere in the country (except to those country who warmly accepted bitcoin) and if there is, only few stores accept bitcoin as mode of payment. So for me, Gold is still better than bitcoin.

Etherlevis128

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Quote from: Silent Money on November 27, 2017, 07:05:15 AM

Yeah I think That Bitcoin is now the Much more have worth than any precious things here in world but Bitcoin Is just not stable about its value but I believe Its will literally go Much more Higher than ever and will conquer all the Currencies

Bitcoin is more profitable than gold at the present digital world. Now a days bitcoin trading give you a better profit than gold. But bitcoin business is not risk free like gold. We can only guess about bitcoin future but we can’t sure about bitcoin’s future market. Gold market always run around the world. Many of the countries of the world did not support bitcoin yet but gold is supported by every country. There is not a single country in the world who is not involve with gold. We can say that bitcoin can give you a short time profitable business where gold give you a longtime profitable business. Over all bitcoin is the best for trading in the digital world’s trade market. Bitcoin is digital coin it is perfect for digital world and Gold is prefect for both of offline and online market.

uniquefighter

jr. member

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Quote from: Silent Money on November 27, 2017, 07:05:15 AM

Yeah I think That Bitcoin is now the Much more have worth than any precious things here in world but Bitcoin Is just not stable about its value but I believe Its will literally go Much more Higher than ever and will conquer all the Currencies

I think we should not compare gold and bitcoin because with bitcoin, now its development time, bitcoin is becoming more popular, widely used, and so many people predict that keeping it for a few years will make us more profitable. However it is only predictions, the future is something unpredictable, so if we compare gold and bitcoin at the moment, maybe the bitcoin will be better but the future, no one would dare sure it would be the same. Talking about gold, its profitability and growth potential are not equal to bitcoin but it is very stable, 10 years later or 20 years later it would still stable

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