Why people says gold is better? - page 78.

Cryptopulos

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Quote from: zorchy on December 27, 2017, 09:36:33 PM

Gold can soon lose its strength, judging by the influence of bitcoin, the main thing is to have a balance.)

Gold is a recognized currency in the world. War can make the national currency worthless. But gold does not. Gold can still be used during the war. The price of gold is also stable. Gold can store assets well. So people think gold is better.

zorchy

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Gold can soon lose its strength, judging by the influence of bitcoin, the main thing is to have a balance.)

xandiel01

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I think some people say that because they trusted in the price of gold which is fixed and even the price is changes but in a hingest value. Unlike in bitcoin the price is changeable sometime increase but sometimes down.

Corrongbenx

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Gold is better because has physical form and accepted by banks as a guarantee tool to apply for credit other than selling it. While bitcoin, until now no bank has received.

Chakitot

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Gold is tangible item compare to bitcoin that is intangible product,
Some old folks believe in things that is rather touch by the hand....
But if you compare these two anyone can profit from both of them....

WatchMaker

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PUFFY FINANCE

Quote from: akram143 on November 20, 2017, 01:04:59 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?

It was in the past, go and ask them now and hear their answer. bitcoin value is growing faster than the gold value. bitcoin is more profitable than gold.

Barbolini

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We need few more years for crypto to evolve and be ready for integration to financial sector.
Gold is standard for itself. Handling gold is harder but stable. It will have own value in future as it always.

infinity33

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Quote from: Gladz29 on December 26, 2017, 06:00:40 AM

Quote from: Spain2000 on November 20, 2017, 02:24:18 AM

it is changed in the past people were believing that gold is universally acceptable asset and stable in the world that’s why people become very attached with gold. in the modern time people are saving their money into the investment and they are earning good amount on this investment.

I think some of us are not interested in bitcoin and some of us using bitcoin. Thats why their are some of us that they like gold rather bitcoin. Because they believe that the value of gold is high and the price of gd is steady. But, we hope that someday bitcoin and gold are same price in market.

the price of gold this is what they are looking for that is why they think also that this is more good we see that in bitcoin the price of it are moving and we have some panic here but in gold there is nothing to worry about the price of it cause this is very good for.

xMKB

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Bitcoin is something new and different that most people don't understand put that against a rare and precious metal used as a form of money throughout history that everyone appreciate then of course they will think gold is better.

CryptoHarry

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Quote from: akram143 on November 20, 2017, 01:04:59 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?

Never mind them they are just bitcoin naysayers. bitcoin is better than gold in so many different ways from value to popularity. In time bitcoin will prove them wrong by completely replacing the gold.

Babyrica0226

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Quote from: akram143 on November 20, 2017, 01:04:59 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?

You know what, there is no people saying in the world were Gold is not better of course it is good and better, And Gold is Gold and it is already ancients. Only their differences into bitcoin was in terms of volatility obviously Bitcoin was very aggressive unto it. Moreover, bitcoin has many used compare to Gold when we talk about each usages.

ParveZ219

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Bitcoins can be found to be better than gold if they are long term invested..while golds are also asset... bitcoins can be spent easily so its quite tough to spend it as long time investment..but gold cant be used as money...they need to be converted to money...so gold make us more profit..

yanesna3

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Gold has a long many hundreds of years tradition in minds of the people. But Bitcoin is the mean of payment which is very young so a lot of men just too cautious to this way of providing money.

xamxam

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I think people said that because gold is fix price and easy to invest, unlike in bitcoin if you need to secure more your token or bitcoin and be careful in the wallet that you choose so that your bitcoin will more secure.

Gladz29

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Quote from: Spain2000 on November 20, 2017, 02:24:18 AM

it is changed in the past people were believing that gold is universally acceptable asset and stable in the world that’s why people become very attached with gold. in the modern time people are saving their money into the investment and they are earning good amount on this investment.

I think some of us are not interested in bitcoin and some of us using bitcoin. Thats why their are some of us that they like gold rather bitcoin. Because they believe that the value of gold is high and the price of gd is steady. But, we hope that someday bitcoin and gold are same price in market.

AndriyPilipyak

full member

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Between btc and gold-too much deferents.First of all-we know that btc max supply 21 million coins, but who know exactly how many golds in the world,maybe in 10 times more than people think maybe 100 times more!!! How can people use gold???Only for investment and to sell gold-is very hard and also keep in safe place!!!

Alexnelepa92

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Gold carries no loss of quality and does not degrade over time. It is a durable material that exists on Earth at exactly that quantity which was produced initially.

Bitcoins can be destroyed, but it must be special conditions during mining, which still, fortunately, never happened. However, the risk of losing the coins is still there. The media on which recorded information about Bitcoin can be lost, destroyed, etc. Despite the fact that the currency exists in numerous copies, it is digital, which determines its dependence on technology and the future technology. In addition, we can't exactly say what will happen with Bitcoin in a few tens or hundreds of years. While this is only an experiment, which like the current generation.

The winner in this dispute remains the gold because it just is and the conditions of its existence are also quite simple and straightforward.

melancoly

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why gold better? because they see it and hold it and wear it, and they know the price of gold will remain up to the next few years, and certainly gold will be in need for many years. so they think gold is better because they see the physical and know the price.

bitcoi

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Gold has always been used as legal tender since it was first discovered in ancient times.

kpcian

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Quote from: hadveach on November 20, 2017, 02:07:53 AM

I do not know why they say gold is better than bitcoin, while bitcoin transactions are spreading in their midst.
My speculation, maybe they do not know bitcoin or do not know how to use bitcoin, when in fact they admit that bitcoin is better than gold.

I also think so that group of people don't have any idea about Bitcoin, one thing can happen that they don't have any trust in this platform. but I believe that Bitcoin is better than gold because of its lucrative price.

Day by day Bitcoin is becoming a popular platform and people are getting dependent on this system. I also believe that gold seems to be an older version for saving and investment. so that Bitcoin is the latest addition to keep your future in safe.

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