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Topic: So Bitcoin is better than Gold? - page 55. (Read 53458 times)

hero member
Activity: 994
Merit: 544
September 16, 2017, 11:32:02 AM
It looks like comparing bitcoin with gold is like something that is difficult to answering, but I think presently bitcoin expense is much better than gold, since spend in the bitcoin more rewarding.

Plus if we want to spend our money to invest with bitcoin sometimes bitcoin do not need money.  We can earn bitcoin and that is its edge over gold.  We can never have a gold if we want to invest on it only of we have money to buy.  Bitcoin is the thing right now and there os no question about that.
sr. member
Activity: 672
Merit: 273
September 16, 2017, 11:28:11 AM
So Bitcoin is better than Gold? Roll Eyes

Of i verily believe that bitcoin is the best currency and more valuable than Gold but  i would like to choice Gold For investment along with bitcoin Because recently I've noticed that gold price is iincreasing so high and i think its time to also makes profit form gold besides bitcoin earning...
I will choose Bitcoin then gold. Nowadays, Bitcoin is more valuable than Gold. Besides, the price of Bitcoin will increases day by day and it is very hard to lose price. Keeping Bitcoin on the internet is safe than keeping gold at home Grin
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
September 15, 2017, 11:58:57 AM
So Bitcoin is better than Gold? Roll Eyes

Of i verily believe that bitcoin is the best currency and more valuable than Gold but  i would like to choice Gold For investment along with bitcoin Because recently I've noticed that gold price is iincreasing so high and i think its time to also makes profit form gold besides bitcoin earning...
sr. member
Activity: 560
Merit: 251
September 15, 2017, 11:23:41 AM
I think bitcoin is better than gold because you can use it in a different transaction and it also considers as money in the online market. In addition to that, as of now, bitcoin become more profitable and the price of bitcoin was rapidly increased. However, I think both them has disadvantages and advantages.
legendary
Activity: 3766
Merit: 1217
September 15, 2017, 11:20:38 AM
Back in March, everyone thought the BTC market would enter a bear market if the Winkelvoss ETF was rejected.
Well, it was rejected and the market did 'crash' for a day or two, but then it recovered and BTC went from $1000 to $5000 over the next few months.
Anytime crypto is battle tested and comes through with flying colors, faith in crypto is strengthened further and people feel more confident investing.

They are reviewing the ETF once again. And this time there is a small chance that it may get approved. If GBTC can be approved, then what is wrong in permitting the Winklewii ETF? And have you checked the recent charts of GBTC? It is up by 25% today, and is trading at a premium of almost 80%. This is what happens when the SEC refuses to act rationally.

http://quotes.wsj.com/GBTC
member
Activity: 84
Merit: 10
September 15, 2017, 11:18:59 AM
For those confused by the market rise...
The reason we are rising is that the information is now out with China and is now quantifiable.
Markets hate nothing more than uncertainty which is why we kept in dropping.
The news is out there now and priced in. Oh, and it's also rising because shorters are cashing out and /or getting squeezed big time.
full member
Activity: 518
Merit: 100
September 15, 2017, 11:07:56 AM
Bitcoin still better than gold despite high price fluctuations still going on. However, it isn't a major obstacle to bitcoin investing. Rather, it's the art of modern investment.
member
Activity: 84
Merit: 10
September 15, 2017, 11:02:59 AM
Back in March, everyone thought the BTC market would enter a bear market if the Winkelvoss ETF was rejected.
Well, it was rejected and the market did 'crash' for a day or two, but then it recovered and BTC went from $1000 to $5000 over the next few months.
Anytime crypto is battle tested and comes through with flying colors, faith in crypto is strengthened further and people feel more confident investing.
hero member
Activity: 1008
Merit: 501
September 15, 2017, 11:00:21 AM
So Bitcoin is better than Gold? Roll Eyes
Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes






Bitcoin is better than gold because you can easily convert it.
Not like gold, you need certain requirements and you need to fill up some forms to convert your gold.
And lastly, bitcoin is obtained easier than gold.
I think from what I know today, Bitcoin has already tripled in value compared to Gold. It was fast. At present, Bitcoin is lot more popular than Gold. It is more convenient to use when you are doing transaction online. With the use of Bitcoin wallet you can keep your bitcoins.

Exchanging from Buying and selling is fast, while in Gold, mostly people will think that you really need gold literally before you have it as money.
yeah for rich people and certain people, of course bitcoin is a very good innovation to send money in various parts of the world with ease and with a small fee. even you can send hundreds of millions of dollars/gold just with fee under $5 in bitcoin. and you will not find such a low fee in a bank / fiat. but for a small player like me where only a small transaction of course fee 1 $ / 0.0003 btc is a very large fee?
sr. member
Activity: 600
Merit: 256
September 15, 2017, 06:51:01 AM
Bitcoin is better than gold because it is a soft currency and it cannot get stolen and cannot have physical problems such as rusting which usually happens with gold.

The chances of your money getting stolen is much higher with Bitcoins than any other currency or asset. Do you remember the Mt Gox robbery? Almost 5% of all the Bitcoins in circulation was stolen in a single incident. Also, there are other examples, such as the robberies with Silk Road and Sheep Marketplace.
newbie
Activity: 30
Merit: 0
September 15, 2017, 06:45:34 AM
Bitcoin is better than gold because it is a soft currency and it cannot get stolen and cannot have physical problems such as rusting which usually happens with gold.
newbie
Activity: 93
Merit: 0
September 15, 2017, 06:06:36 AM
Yes of course, bitcoin is better than gold. The price of gold per gram has reached 42 dollars while the bitcoin price is 3000 dollars. Others are more likely to choose bitcoin as an asset in the future. Cool
full member
Activity: 378
Merit: 197
September 14, 2017, 10:24:21 AM
I believe that gold is more reliable than Bitcoin, however diamonds are even more reliable than gold Wink

How are diamonds more reliable than gold (and bitcoins)?

You should try to buy some diamonds, and then sell them the next week. You wont be getting anywhere near your money back. Unless of course you bought a rare diamond, which has been "cut" by a famous diamond polisher.

Diamond prices are held artificially high, by suppressing the production.

Bitcoins and gold on the other hand have a value, with which you can both buy and sell them. (minus a few % comission of course)
 
legendary
Activity: 1778
Merit: 1009
Degen in the Space
September 14, 2017, 08:01:33 AM
So Bitcoin is better than Gold? Roll Eyes
Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes






Bitcoin is better than gold because you can easily convert it.
Not like gold, you need certain requirements and you need to fill up some forms to convert your gold.
And lastly, bitcoin is obtained easier than gold.
I think from what I know today, Bitcoin has already tripled in value compared to Gold. It was fast. At present, Bitcoin is lot more popular than Gold. It is more convenient to use when you are doing transaction online. With the use of Bitcoin wallet you can keep your bitcoins.

Exchanging from Buying and selling is fast, while in Gold, mostly people will think that you really need gold literally before you have it as money.

Yeah bitcoin is better than gold today, bitcoin will aim high and the value of will pumped up. The reason why bitcoin is better than gold because there are million users of bitcoin today. There are only few bitcoins left so the price goes higher, this explains with the law of supply and demand.

gold is not very essential to buy because nowadays it is use only for decoration or jewelry that is used by rich peoples
full member
Activity: 120
Merit: 100
September 14, 2017, 07:12:44 AM
There's no doubt in that, bitcoin is better than gold when it comes to the increased growth percentage as well profiting whereas with gold people get an security as it has got the universal acceptance as a commodity and as digital asset that can be used for investment and different purposes. It took years and years to reach the current value, but the same price was surpassed by bitcoin in around 9 years time.
full member
Activity: 252
Merit: 100
September 14, 2017, 07:11:39 AM
Am i only think that bitcoin and gold are the same because both of them is increasing because of time, and the only difference is gold tangible and the bitcoin is not.
hero member
Activity: 672
Merit: 500
September 14, 2017, 07:07:11 AM
In my personal opinion about the difference and importance between Gold and Bitcoin and have given a chance to choose between the two I probably choose Gold over Bitcoin, since gold is the only currency recognized by man even during ancient times up to now which values and importance never fades. And the good thing about Gold is that you can trade it anywhere and it will be immediately recognized by the people unlike Bitcoins which only limits to people who have devices and electricity to be able to trade with bitcoins.
full member
Activity: 518
Merit: 100
September 13, 2017, 06:04:12 PM
So Bitcoin is better than Gold? Roll Eyes
I believe that still, Gold is better compared to Bitcoin as an investment. For reasons such as having a more stable market value and for having a physical market value. Gold has been used for decades by different countries, and is still used in the present while Bitcoin is not yet legal to most of the countries. Maybe it will have a chance in the future to surpass Gold.
sr. member
Activity: 728
Merit: 250
September 13, 2017, 05:57:06 PM
So Bitcoin is better than Gold? Roll Eyes
The only thing that gold does better is that it has the truth of the people since it has been around for so long but in everything else bitcoin has gold completely beat so I think it is time to to understand that bitcoin is better even if some people are going to argue against that.
full member
Activity: 182
Merit: 100
Buglab.io
September 13, 2017, 04:49:39 PM
gold is the best asset before bitcoin is created, because gold has increased in price from year to year. and also keep gold safer there will be no hackers who steal the gold. but after bitcoin is created by satoshi, a lot of people switch to invest their money on bitcoin. because bitcoin is more volatile and very profitable. a relatively short price change makes bitcoin a very good investment. you can benefit greatly from storing bitcoins. although bitcoin is not very safe. many people choose bitcoin as a long-term investment and do not use it. because they believe the bitcoin price will continue to rise.
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