So Bitcoin is better than Gold? - page 74.

ekoice

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

So Bitcoin is better than Gold? Roll Eyes

Absolutely,bitcoin is better than gold in various aspects.Bitcoin could be easily transferred to any parts of world immediately unlike gold.Bitcoin has almost increased seven times of its price $650 to $4200 within a year.Such a huge return could not be expected from gold.Even though gold has been considered as the safest investment,bitcoin investment is also secure since it works on a secured block chain system.Using bitcoin,we could also buy any products online or offline but it could not be bought with gold.Thats why,bitcoin has started to attract attention of gold investors.

Biggapp

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yes for me bitcoin is better than gold. i invest my all money in bitcoin not gold because bitcoin have high volatility and more valuable than gold. investment in bitcoin is for short term and every one can gain more profit in bitcoin than gold.

Gheka

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Quote from: gilangIDR on August 13, 2017, 08:14:17 PM

Quote from: Pattart on August 13, 2017, 08:04:12 PM

Quote from: NathanJB on August 13, 2017, 01:19:27 AM

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

So Bitcoin is better than Gold? Roll Eyes

In terms of making money, yes, bitcoin is much better than gold. Look at how the price is turning into a jet. We are already playing in the $4000 figure. Gold's price is rather static most of the time. Bitcoin is very fast moving higher.

Yeah for problem advantages of course bitcoin better than gold. The change of gold is very slow. You will not get a great profit even though it has been holding bitcoin for a long time. Different when you use bitcoin for investment. Although only short term. But investing in bitcoin is very profitable

I agree with you . Bitcoin has an advantage that is very easy to increase. This is the effect of the popularity and the increasing use of bitcoin in the world. But bitcoin may decrease very quickly, it's often the case because bitcoins often experience price fluctuations. Gold also has advantages that tend to be stable and not easily affected by the pressure of the other. So in my opinion both have their respective advantages in different sectors. The conclusion is for short term investment then i will choose bitcoin and for long term investment then gold is a safe investment.

Because gold is stable, it will not give us too much profit, the profit from gold is very low each year. With bitcoin, the price of bitcoin is never stable, that helps us to make more money in the short term. In addition, the trend of bitcoin is always increasing every year, in the long run it is still better than gold although it will be risky but very low, so I think short-term or long-term investment, bitcoin is still number one, it really beat gold

OVOBTC

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Depends on where you stand, if you invested earlier (Not very early, even when BTC was at 3k) then you made significant profit per BTC you can't even think of in years with investing in Gold, However, From this point forward, every direction of movement in bitcoin price is possible, so no one knows if it will be better than gold in the future.

kateycoin

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

So Bitcoin is better than Gold? Roll Eyes

Yes bitcoin is better than gold because bitcoin is easy to earn than gold . Gold is using as an asset,hard to mine and hard to find. While bitcoin is easy to use, lots of ways to earn,decentralize and many more.

Rye yan

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Bitcoin is better because we're in Information Age.

RoadToBTC

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Bitcoin is better than gold because it has many functions. It ca be used as investment, payment method and many more. While with gold, we can use it as an asset only.

Carlsen

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It always depends what you want to do.
Gold price is kind of stable, while bitcoin price is volatile (mostly goes up).
Gold has survived many crises. Bitcoin still needs to proof that it can do that.
Bitcoin can be transfered easily. On the other hand, it's hard to steal a ton of gold.

JRoa

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

So Bitcoin is better than Gold? Roll Eyes

Yeah I think youbare correct. Bitcoin is better than gold.

Kodok Bencot

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Can not be denied anymore, bitcoin is better than gold, this is a wonderful thing and only bitcoin we can get amazing profit.

gilangIDR

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Quote from: Pattart on August 13, 2017, 08:04:12 PM

Quote from: NathanJB on August 13, 2017, 01:19:27 AM

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

So Bitcoin is better than Gold? Roll Eyes

In terms of making money, yes, bitcoin is much better than gold. Look at how the price is turning into a jet. We are already playing in the $4000 figure. Gold's price is rather static most of the time. Bitcoin is very fast moving higher.

Yeah for problem advantages of course bitcoin better than gold. The change of gold is very slow. You will not get a great profit even though it has been holding bitcoin for a long time. Different when you use bitcoin for investment. Although only short term. But investing in bitcoin is very profitable

I agree with you . Bitcoin has an advantage that is very easy to increase. This is the effect of the popularity and the increasing use of bitcoin in the world. But bitcoin may decrease very quickly, it's often the case because bitcoins often experience price fluctuations. Gold also has advantages that tend to be stable and not easily affected by the pressure of the other. So in my opinion both have their respective advantages in different sectors. The conclusion is for short term investment then i will choose bitcoin and for long term investment then gold is a safe investment.

Pattart

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Quote from: NathanJB on August 13, 2017, 01:19:27 AM

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

So Bitcoin is better than Gold? Roll Eyes

In terms of making money, yes, bitcoin is much better than gold. Look at how the price is turning into a jet. We are already playing in the $4000 figure. Gold's price is rather static most of the time. Bitcoin is very fast moving higher.

Yeah for problem advantages of course bitcoin better than gold. The change of gold is very slow. You will not get a great profit even though it has been holding bitcoin for a long time. Different when you use bitcoin for investment. Although only short term. But investing in bitcoin is very profitable

sotoshihero

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Quote from: Westinhome on August 13, 2017, 05:38:08 PM

Quote from: Faith Joy on May 18, 2017, 07:54:04 AM

I think bitcoin is not better that gold but is is a very helpful thing for us to invest a gold. Bitcoin is an expensive electronic money so we can use it to gain money and riches here on earth. Like as gold it is helpful for us to use our bitcoin and investments wisely and productively as gold. Bitcoin is a wise thing to use as gold.

For me i will choose gold, Gold you can sell it in a big amount it can help you build a business of house. So that you will be an rich person if you have a gold. In bitcoin it is only a cryptocurrency that can help you also when you don't have money. But many people also invest bitcoin and some of them are they are rich.

Of course I chose also on gold, because you have physical quantity of it. But for price appreciation, its bitcoin since it already surpassed the golds price and still it continue moving up. Also, it is being projected to hit $5000 dollar before the year ends and even more of it.

BeGoods

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Quote from: NathanJB on August 13, 2017, 01:19:27 AM

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

So Bitcoin is better than Gold? Roll Eyes

In terms of making money, yes, bitcoin is much better than gold. Look at how the price is turning into a jet. We are already playing in the $4000 figure. Gold's price is rather static most of the time. Bitcoin is very fast moving higher.

Seeing significantly increased bitcoin price changes from the bitcoin market, it proves just how fluctuating the bitcoin price might be for short-term profit issues, many people would choose bitcoin because it is very profitable. But for investment security issues. I think gold is safer because it has no fluctuations

tobatz23

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I find that gold and Bitcoin are actually somewhat complementary – that one’s strengths are the other’s weaknesses, and vice versa. This suggests that gold and Bitcoin together might have some role in our future. It's common to see Bitcoin even represented visually as a sort of gold coin.

Westinhome

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Quote from: Faith Joy on May 18, 2017, 07:54:04 AM

I think bitcoin is not better that gold but is is a very helpful thing for us to invest a gold. Bitcoin is an expensive electronic money so we can use it to gain money and riches here on earth. Like as gold it is helpful for us to use our bitcoin and investments wisely and productively as gold. Bitcoin is a wise thing to use as gold.

For me i will choose gold, Gold you can sell it in a big amount it can help you build a business of house. So that you will be an rich person if you have a gold. In bitcoin it is only a cryptocurrency that can help you also when you don't have money. But many people also invest bitcoin and some of them are they are rich.

iMark

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Quote from: NathanJB on August 13, 2017, 01:19:27 AM

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

So Bitcoin is better than Gold? Roll Eyes

In terms of making money, yes, bitcoin is much better than gold. Look at how the price is turning into a jet. We are already playing in the $4000 figure. Gold's price is rather static most of the time. Bitcoin is very fast moving higher.

Actually I did not expect the price of bitcoin to be this high, this proves that the development of bitcoin is very rapid compared to gold. The rise in bitcoin prices is very significant. I'm sure there are many people who have become rich because of bitcoin at the moment. So I think if you want rich with instant, better choose bitcoin for your investment

GXHPP

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Bitcoin, as a long term investment has big potential, even bigger than gold IMO, but the volatility is the hardest thing to deal with, I mean, although gold is volatile itself but the rate of change is slower compared to bitcoin, which can gain ~10% or lose the same value in a day, which is a very dangerous investment IMO.

Andromaque

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Yeah, for me Bitcoin is better. Just imagine how much it would be painful to transact for a big amount worth of fiat money in gold ? Using Bitcoin it is a lot more easier.

bhabygrim

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

So Bitcoin is better than Gold? Roll Eyes

For me, just for now bitcoin is better than gold. First, bitcoin is more convenient to have, it is safer to keep. Secondly, bitcoin's price is to volatile compared to gold, bitcoin price can even max out up to 10x faster compared to gold. Lastly, transactions through bitcoin is easier, whenever you need to sell or buy it, it will only take minutes compared when buying or selling gold.

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