Why people says gold is better? - page 43.

mx667

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Quote from: jayco25 on February 28, 2018, 07:29:49 PM

There is so much reason to say that gold is better than bitcoin. Gold is something that people really value, so the price has never fallen. Compare with bitcoin we do not know when to increase and fall. There are still many investors in gold, especially those who are afraid to lose.

#Datarius

If you think about it, have you ever heard that the price of GOLD is decreasing every year ? I never heard that the price of GOLD can decrease every year. That is the same thing goes to LAND investment and HOUSE investment, and also PROPERTY investment. Their price always go up every year and never decrease, unlike Bitcoin and cryptos. The price of Bitcoin and cryptos can go up and down all the time. That is why GOLD investment is more secure and certain than Bitcoin and crypto. Even though the price of GOLD is very huge right now, we can choose SILVER because the price is still good and it is needed in many aspects such as electronic stuff.

jayco25

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There is so much reason to say that gold is better than bitcoin. Gold is something that people really value, so the price has never fallen. Compare with bitcoin we do not know when to increase and fall. There are still many investors in gold, especially those who are afraid to lose.

#Datarius

ExBBBBB

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Quote from: akram143 on November 20, 2017, 12:04:59 AM

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Well it's very obvious because gold is a thing that you can touch or it's not digital and gold exists and stood of so many years. Unlike bitcoin that is still new in our world and only tech people can understands what the used of it.

Awan Awan

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Quote from: akram143 on November 20, 2017, 12:04:59 AM

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Are your reference only for payment? Not other thing?
Before you say which one is better, you must know what is really the use of each one.
Nobody use bitcoin for jewelry but gold can be used for that, do you still say bitcoin better? Both has pros and cons. Better or not is depending on the iser itself.

tokexchain

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Quote from: akram143 on November 20, 2017, 12:04:59 AM

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Part of Satoshis plan was to make Bitcoin comparable to gold, after all, there is no gold left in the bank reserves, or at least very little. So who do you trust more, a set of greedy get rich bankers or a decentralized currency system we all control!

coinwizard_

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Gold has been traded for thousands of years, whereas bitcoin has only been around for 10 years or so. I would trust gold more unless i understood the fundamentals of the bitcoin. In the meantime, until everyone else catches up - we'll just hoard the digital gold Wink

noodlearm

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Maybe I think the perception of people in actual money they can use. Although we can see that bitcoin is now emerging, people could actually say that gold is better because it's literal and actual unlike bitcoin which is not actual and perhaps virtual money.

nene14

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Mybe they say gold is better before when the bitcoin not exist, but as of now after bitcoin been ecperimental, for me bitcoin is much better, although bitcoin cant be your fashion as jewelry, its now fashion as a bank on your own hand.. And maybe in gold you don’t need a web connection to use your gold. For ease of use, your Bitcoin wallet needs the internet for you to transfer it or spend it.Gold has a 5,000-year history as a long-term store of wealth. Bitcoin doesn’t even have a hundred-year track record.Gold never tarnishes even when it has been languishing on the ocean floor for hundred of years. Never. Bitcoin doesn’t either, but then again it’s not metal.Bitcoin is clearly in a speculative bubble. When the bubble ends, lots of money will be lost. Gold isn’t in any bubble.

easynote

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Quote from: nonsonote on February 28, 2018, 06:11:29 PM

Quote from: akram143 on November 20, 2017, 12:04:59 AM

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Well, I think they say that gold is better because gold has been existed since the ancient times. So we can clearly see that gold has survived a lot for all these years and it’s price has remained stable, even in the future. While when it comes to bitcoin we can’t really predict it’s future. It doesn’t have a stable value. Gold has showed it’s consistency while bitcoin is still unproven.

Gold is better to use if there is a lot of money that needed to be exchanged. I'd prefer to use Gold rather than fiat.

nonsonote

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Quote from: akram143 on November 20, 2017, 12:04:59 AM

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Well, I think they say that gold is better because gold has been existed since the ancient times. So we can clearly see that gold has survived a lot for all these years and it’s price has remained stable, even in the future. While when it comes to bitcoin we can’t really predict it’s future. It doesn’t have a stable value. Gold has showed it’s consistency while bitcoin is still unproven.

#dhabitamartha

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Quote from: akram143 on November 20, 2017, 12:04:59 AM

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Maybe gold is a precious object or a noble object so that gold is not in the form of currency or nominal while bitcoin is a virtual currency that has a nominal value of the world and this is a new technology of the world financial world as a virtual payment.

justyourkuya

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Gold has played a vital role in the international monetary system and even before paper money was introduced, it has been used and circulated in many nations. Reasons enough to make other people think it is better than cryptocurrencies. But bitcoins should not be underestimated because it already had taken a great dive as another economic unit of account. It has been gradually accepted and hopefully regulated by most nations where it is widely used and preferred.

atariguy

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Thats why you should look on gold backed crypto currencies as GoldMint

wahyu.prist

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I disagree with those who say that gold is better than bitcoin. While bitcoin widely circulated among them. My personal speculation is that they do not yet know how to use it and the most convenient and profitable way to invest in dibitcoin. Thanks

Haxor321

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Why people says gold is better? Because they didnt know the information of bitcoin and the saddest thing they are not really interested in bitcoin coz they have work in a comapany maybe they got a many moneys and they are so contentment but we need to respect their sayings...

seattlenonsmoker

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Looking at the past when many people were believing that gold is universally acceptable asset and stable in the price that I think was the reason why many people became very attached with gold. Now in the modern time people are saving their money into investment and they are earning good amount on this investment. Bitcoin has created an avenue for everyone to earn just by having bitcoin in their wallet.

l0uisStanley

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Gold is known as being stable so people prefer gold instead of bitcoin. I think we can make bigger profits with bitcoin so I prefer bitcoin

Token_King

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Because they don't know what a btcoin is

godbroseidon

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Gold is not a better form of currency, but is more valuable than Bitcoin. Gold has inherit value to it (it's physical, I can make use of it, and it's shiny) while Bitcoin is built on faith-in-value.

GeorgiyBilyk

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I agree with the guys! The world is changing, what once had value, now it's worth nothing! We live in a new era of civilization, in the world of crypto! Gold will remain an expensive product, but will it be able to show such serious growth and development as crypt coins! I think that now it is better to invest in the crypto market than gold!

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