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hexwin

Gold & Crypto

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Crypto is now very popular and one of the earliest sources of income without any investment, Crypto can be compared to gold and because nowadays many respond to Bitcoin earnings through working in cryptocurrency, many consider it gold, and the value of crypto often equates to crypto.  Because of its popularity, it is now popular to say that gold and crypt  Suee the same verse.

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I always support Bitcoin. Because Bitcoin give us profit all moment. But gold is like hold money. Never give us profit. Also Bitcoin is a digital currency. Day by day this coin popularity increases.

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8 hours ago, rajonmia said:

I always support Bitcoin. Because Bitcoin give us profit all moment. But gold is like hold money. Never give us profit. Also Bitcoin is a digital currency. Day by day this coin popularity increases.

Yes that is right. Only use Gold to store value your money. With gold you can have protection atleast against inflation. Because with inflation can eat your money value. Also in Bitcoin don't have any inflation, that is why the price so volatile. The market is depending on supply and demand. That is good because no anyone can control that market.


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Gold Vs bitcoin bettle is running and we saw gold still is in better position if bitcoin acceptes largely by the whole world as legal then it's price goes to very high then gold. 

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In my opinion .. Bitcoin is the gold of the cryptocurrency world .. I mean there's a day will imagine you have one

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We can not put behind the value of gold and also we can never ignore the value of bitcoin.as bitcoin have double benefit over gold first is store of value and 2nd is payment option. But gold only can be stored in most cases 

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Both the crypto and the gold has a good and a bad side in the site and also to be added that crypto and gold are been playing a great role in the future. 

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On 10/2/2019 at 12:58 AM, hexwin said:

Gold vs crypto: a false dichotomy of epic proportions

 

What do you think should crypto be against gold or maybe gold and crypto work great together?

I don't see anything wrong in using both of them as Store of Value and as payment option.

There is also several tokens backed by real gold, and this proves that it can work in real life.

 

 

Gold is good asset to store value although it not rises fast but it is safe. And crypto is best for speculation purposes. So you could use crypto for earning and gold to store wealth safely.

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I think cryptocurrency is much better than cold and one of the reasons is that the price of gold stables for a long time.
General Chat Chat LoungBut on the other hand, the price of cryptocurrency is not always stable and the price of the edit fluctuates within a short period of time, which if you invest in conscious, you can get out of the currency more than gold.
General Chat Chat LoungAnd that's why I think cryptocurrency is the best

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Actually gold and bitcoin are two different financial instruments. Bitcoin and gold is not interrelated yet and have no correlation. Investment in gold and bitcoin both are profitable for the investment as they are always in high demand and rare.


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I personally think that there is no need for cryptocurrency to be against gold they are two different things and they do not even correlate even a little bit. I guess their differences could be the reason why they are not useful to each other.

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On 10/1/2019 at 9:28 PM, hexwin said:

Gold vs crypto: a false dichotomy of epic proportions

 

What do you think should crypto be against gold or maybe gold and crypto work great together?

I don't see anything wrong in using both of them as Store of Value and as payment option.

There is also several tokens backed by real gold, and this proves that it can work in real life.

 

 

i agree for the store of value. both of them, gold and bitcoin, can be used for that.

for the payments options, i really don't know, is too early to say something about that. there a lot o blockchains that offer a better payment method than bitcoin. 

wait another few years and we will see what will happen

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Cryptocurrency has the potential to be such a loss, just like in Eid, my chances are many times more likely to be compared to Gold.
General Chat Chat LoungAnd one of the reasons behind this is that the price of bitcoin or cryptocurrency is never distressed for a long time, but on the other hand, the price of gold is installed for most of the time and so that the whole market maintains a friendly gold market, but the satisfied marketEasily fluctuate in a short period of time and hence investing in the right time
 memories can provide good profit
 

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In my opinion, investing in cryptocurrency without understanding it is a lot like gambling, and one of the reasons is that when you think about whole marketing, you are likely to lose a lot of cryptocurrency, but goldThere will not be much in this case, and one of the significant reasons is that the gold market is much more stable than the currency
 

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1 hour ago, Sumaira aslam said:

I agreed with you iam also not saying investing in gold is bad though.

Gold is not that bad but we can say that gold is not our cup of tea. Now gold is not a good asset for traders but it is an ornament. 

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1 hour ago, Sakhid said:

Gold and crypto (bitcoin) are two different things. If inanimate gold has a high price value because it is considered as a precious metal that is different from other metals. If Bitcoin is a formless digital currency but from symbols or images it really looks like gold and has a very high price value.

gold is more trusted as an investment because with gold its something that you can see and touch but when it comes to crypto a lot of people dont believe in its existence outside of the internet

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Come on the gold is good but bitcoin is more value than other. My friend once he made a coin of bitcoin from gold it was heavy but the bitcoin now has a high price than the golden coin . lol

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Bitcoin may be more gold .Bitcoin and gold are much more correlated than people are aware. One of the oldest coins used by humans. Bitcoin and gold are completely different and cannot be compared

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On 10/2/2019 at 1:28 AM, hexwin said:

Gold vs crypto: a false dichotomy of epic proportions

 

What do you think should crypto be against gold or maybe gold and crypto work great together?

I don't see anything wrong in using both of them as Store of Value and as payment option.

There is also several tokens backed by real gold, and this proves that it can work in real life.

 

 

Gold and crypto both of them are opposite side. If crypto price go up, gold price will go down. 


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On 10/5/2019 at 5:34 AM, hexwin said:

Problem I find with gold and paper money is LIMIT you have by each country how much you can carry with yourself.

If they find that you are crossing border with more gold or cash you reported they will take it away from you

This is true that the paper and gold is limited but if we work in the crypto market we can make good money in the market and but if we safe our money then we can not get any profit from the market and we are not getting any profit.


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I think investing in Gold can be dangerous if you live in a region which has many thieves. Gold is a physical thing and if it is stolen, you will lose a huge money. Anyone who wants to invest in Gold, should keep it in safe deposit boxes in Banks. However, Bitcoin is a virtual currency and it is safer. I don't want to say it is 100% safe but if you hold it in a cold wallet, it is much safer than Gold in your house. Even if someone steals your cold wallet, he can do nothing without private keys.

Bitcoin is much more profitable than Gold too. You can't trade daily with Gold. You just have to keep it for a long time to increase its value. Bitcoin offers you many chances of making profit during a year.

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On 10/5/2019 at 5:37 AM, Sunn said:

First both is demandable but I don't think the both is same. Because gold is hard but Bitcoin is just online virtual money. We cannot take the both same like. we can use both but we cannot different between that. 

Gold and the crypto market is not same and both are change because when we invest in gold and also invest the same amount in the crypto we got good profit in the market than the gold, so crypto is best.


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I don't think Bitcoin should be against gold or be together. Because gold is produced in nature and nobody can make it but can hold it in real life as mostly jewelleries are made out of it. On the other hand, Bitcoin is a digital currency and nobody knows if anyone controls it or not and we can't touch it or hold it in real life. There are huge differences between these two. Also as you said about the tokes,I am sorry I clearly do not have any idea about that.

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Crpto is better than gold and is the commodity of new era for investment and I think it is very good for a long term investment and a huge profit. It is also very easy to buy and there is no need of any paper work for its investment.

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