So Bitcoin is better than Gold? - page 81.

illinest

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Quote from: ?? on ??

But as for me, gold is still more reliable. We do not know what the future will be for crypto currency. But gold is practically an eternal currency, for all times and countries.
If you want stable investment guarantees, then it's better to choose gold. But at the moment, bitcoin is more profitable.

This is a sensible take, and it's why it makes sense to diversify one's portfolio into both (among other things). I think that Bitcoin may very well be superior to gold; it's portable, divisible, easily transmittable. It's much more liquid than gold in terms of decentralized trade. In time, it could certainly compete with gold in terms of store of value. But as you point out, this is all very speculative for now.

soros017

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Quote from: DoublerHunter on August 05, 2017, 03:21:50 AM

Quote from: Arkann on August 05, 2017, 12:58:25 AM

Bitcoin can not be compared to gold. Is that their courses. These are absolutely different in nature things that will function independently of each other. They can influence one another, restrict one another in the market, but each has its own niche in the market. Therefore, neither gold nor the crypto currency completely defeat each other

There is only one that will defeat gold in terms of investment and that is bitcoin because bitcoin is one of the greatest investment as of now because its price is having a rapid growth which most of the investors enjoy because they can easily make profits within a few months up to 20% or more than that.

Yeah, it can. However, I would not say it is the only one. There are many assets that could overcome gold in the long run, and shares from technology companies are, in my opinion, one of the best investments.

DoublerHunter

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Quote from: Arkann on August 05, 2017, 12:58:25 AM

Bitcoin can not be compared to gold. Is that their courses. These are absolutely different in nature things that will function independently of each other. They can influence one another, restrict one another in the market, but each has its own niche in the market. Therefore, neither gold nor the crypto currency completely defeat each other

There is only one that will defeat gold in terms of investment and that is bitcoin because bitcoin is one of the greatest investment as of now because its price is having a rapid growth which most of the investors enjoy because they can easily make profits within a few months up to 20% or more than that.

Xester

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Quote from: Skieleton on August 05, 2017, 12:51:09 AM

Bitcoin certainly has many important advantages. The first one is limited supply. However, unlike gold, the amount of which can not be increased due to physical limitations, for Bitcoin, this factor is the algorithm written by its creator. While algorithms - at least theoretically - can be changed, market laws remain unchanged. Besides, purchasing power will, it seems, be more stable if the supply responds to market factors.

I agree with you. Plus the fact that it is easy for everyone to have a share of bitcoins unlike gold where you have to really invest or buy part of it. Though we cannot deny the fact that gold has already make its name and has been tried and tested as a good investment. It is easy for people like us to have an investment and thanks to bitcoin because now it seems fair for everyone.

Arkann

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Bitcoin can not be compared to gold. Is that their courses. These are absolutely different in nature things that will function independently of each other. They can influence one another, restrict one another in the market, but each has its own niche in the market. Therefore, neither gold nor the crypto currency completely defeat each other

Skieleton

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Bitcoin certainly has many important advantages. The first one is limited supply. However, unlike gold, the amount of which can not be increased due to physical limitations, for Bitcoin, this factor is the algorithm written by its creator. While algorithms - at least theoretically - can be changed, market laws remain unchanged. Besides, purchasing power will, it seems, be more stable if the supply responds to market factors.

Mr. Legendaris

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For now yes, because bitcoin investment is very profitable and better than any investment including gold. And I'm sure this trend will last for at least the next 5 years.

DIAH PERMATASARI

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Quote from: Ashbite on July 09, 2017, 01:36:30 AM

Yes, bitcoin is better than anything not only gold, Bitcoins cost is day by day increasing. so many investors are ready to buying bitcoins. earlier they invest on gold. But now they are thinking better to buy Bitcoin.

True, bitcoin is the best of gold and the other, maybe they hear bitcoin prices are always up the next day, all do require a second thought for things that will raise his name.

kuyaJ

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Quote from: tonmlike on May 18, 2017, 08:21:31 AM

Personally, I think BTC is better. After all, BTC can be paid quickly and globally, and at the same time, it's safe and convenient.

do you think if doesnt gold bitcoin do create? Gold is the thing that use when money didn't create yet so i think the gold is the mother of all coins.

Mbah Djoko

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I do not think so, and I'm sure gold is still better than bitcoin because gold prices are stable and everyone in this planet can accept bitcoin.

nicster551

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Quote from: De Suga09 on August 04, 2017, 08:34:45 PM

Not really that bitcoin is better than gold,but many people says and also Bilgates says that bitcoin is compared to gold brecause of its price and value that is very high when you trade or transfer it to a money,bitcoin is very usable and easy to use unlike gold that you will cange it to a money before you use it,but in my research that says bitcoin is more usable or rather cryptocurrency.

Yes Bitcoin is more useful than gold because bitcoin offers a fast transaction method than gold that you need to convert first before you use to buy products unlike bitcoins you can buy some products because some store accepting Bitcoin as a payment

De Suga09

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Not really that bitcoin is better than gold,but many people says and also Bilgates says that bitcoin is compared to gold brecause of its price and value that is very high when you trade or transfer it to a money,bitcoin is very usable and easy to use unlike gold that you will cange it to a money before you use it,but in my research that says bitcoin is more usable or rather cryptocurrency.

andrei56

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Quote from: ImHash on May 18, 2017, 06:32:00 AM

Quote from: Lauda on May 18, 2017, 05:56:03 AM

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

snip huge but very informative images

Stop convincing people that bitcoin is better than anything not only gold, I can't afford to buy a single coin ever since price jumped from $1100 to $1800 Sad

I didn't realized then but now I'm not telling anyone about bitcoin any more, because I've realized that I've found a gold mine and what an idiot I was to shout about it every where.
Bitcoin becoming mainstream and with 50K transactions per second in the future as we all know is inevitable but we must take advantage while is in infancy stage.

Btw, is it $2000 which you can take cash out of a country when you travel by airplane or was it $10,000?

But the fact that bitcoin becomes a gold mine depends entirely on the adoption of people and business so if all people did the same as you and stopped talking about bitcoin then no one else will adopt bitcoin and it will stop of being the gold mine that you describe.

Zenithar

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Quote from: MMA on August 04, 2017, 04:11:37 PM

Quote from: Senja Kemuning on August 04, 2017, 02:16:44 PM

Quote from: osmo on August 04, 2017, 01:37:01 PM

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

So Bitcoin is better than Gold? Roll Eyes

In my opinion not so gold is still better because gold is precious metal, and easy to sell it anywhere online or offline, if bitcoin only via online.emas and bitcoin there are shortcomings and advantages

For the long term gold may be better than any investment, but we should think to look for faster profits, and bitcoin is a good choice than gold.

to me i think even for long term investment, bitcoin is the best option. because from gold we cannot get such a good profit that we are expecting from Gold, i think from gold we can safely hold our money because there are very little chances that Gold price will drop, but i think we also cannot expect such a good profit from gold because we can see only a slight chance in the price of bitcoin.

i think yes that there is no doubt about holding bitcoin for long term is also a very good idea. i think those people who are holding bitcoin for last 2 years i think that they are now getting all most three times their investment. i think if they will continue holding their bitcoin they will even increase their investment more and more.

MMA

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Quote from: Senja Kemuning on August 04, 2017, 02:16:44 PM

Quote from: osmo on August 04, 2017, 01:37:01 PM

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

So Bitcoin is better than Gold? Roll Eyes

In my opinion not so gold is still better because gold is precious metal, and easy to sell it anywhere online or offline, if bitcoin only via online.emas and bitcoin there are shortcomings and advantages

For the long term gold may be better than any investment, but we should think to look for faster profits, and bitcoin is a good choice than gold.

to me i think even for long term investment, bitcoin is the best option. because from gold we cannot get such a good profit that we are expecting from Gold, i think from gold we can safely hold our money because there are very little chances that Gold price will drop, but i think we also cannot expect such a good profit from gold because we can see only a slight chance in the price of bitcoin.

Senja Kemuning

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Quote from: osmo on August 04, 2017, 01:37:01 PM

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

So Bitcoin is better than Gold? Roll Eyes

In my opinion not so gold is still better because gold is precious metal, and easy to sell it anywhere online or offline, if bitcoin only via online.emas and bitcoin there are shortcomings and advantages

For the long term gold may be better than any investment, but we should think to look for faster profits, and bitcoin is a good choice than gold.

osmo

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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 my opinion not so gold is still better because gold is precious metal, and easy to sell it anywhere online or offline, if bitcoin only via online.emas and bitcoin there are shortcomings and advantages

kirkey

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

So Bitcoin is better than Gold? Roll Eyes

Unlike gold, for instance, Bitcoin is a convenient medium of payments around the globe, though for a limited number of transactions.

But to be fair, gold has its own advantages, too. It can be used as an outright gift, to make jewelry, and in manufacturing of certain products.

kpcian

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if you consider the time value of money then definitely Bitcoin is far better than Gold. in recent three months, Bitcoin has been added at least double value. on the other hand, the value of gold has not been increasing as so. so it is said that easily Bitcoin is far ahead of Gold. but in terms of popularity, gold is still more popular than Bitcoin.

fullhdpixel

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Quote from: itsonlikedonkeykong on July 31, 2017, 10:07:11 PM

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

So Bitcoin is better than Gold? Roll Eyes

Both are probably better than just holding dollars these days. What about silver?

Yes, it is right that both are better than dollar but I prefer bitcoin in these two because bitcoin price is expected to get high rise in near future and enhancement in the price of gold is very slow process. I think bitcoin is field for business and gold is just a metal so that’s way I prefer to join a business in shape of trading with bitcoin nationally and internationally.

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