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Coinbase Confirms Bitcoin Is Superior To Gold Due To Its Limited Supply

NoLimits15

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Coinbase has publicly stated that bitcoin is a better alternative than gold since they are anonymous and digital and transaction fees are pretty low. Gold has to be transported from country to country which is pretty expensive and they are limited in supply. The COVID-19 pandemic has shut down the supply of gold and there are still some people investing their money on gold. I think the safer option would be to invest your money in bitcoin because it's doing quite well through this pandemic.
 
with technology and all those future thnigs happens bitcoin is the best choice but trust me Gold is gonna be number one always because if all this technology gone we will go back to gold because it's gonna be stable
 
Nothing beats Gold , crypto and cash are simply illusion , so Gold and silver for worthless non existent currencies,
coinbase are so stupid, they will say and do anything to stay relevant
 
Coinbase has publicly stated that bitcoin is a better alternative than gold since they are anonymous and digital and transaction fees are pretty low. Gold has to be transported from country to country which is pretty expensive and they are limited in supply. The COVID-19 pandemic has shut down the supply of gold and there are still some people investing their money on gold. I think the safer option would be to invest your money in bitcoin because it's doing quite well through this pandemic.
Right! Even if bitcoin is not doing very well at the moment, it's always bound to do so. If you're seriously considering investing, bitcoin is always a good option. But you have to wait for it to be lower than it is, not just now because your friends tell you too.
 
Bitcoin is far more better than gold can never be frequency the process of gold have become fixed at a specific weight while that of Bitcoin are continuously creating and they are on the rise
 
If we are only assessing the present then I will totally agree that Bitcoin is doing well in this pandemic because the price is high up but if we are looking at stability gold is a better option.
 
well they are not wrong in some aspect but, gold is still far better as gold is a physical matter while bitcoin is just a digital asset, a bug/virus in the entire internet network can wipeout all bitcoin in an instant
 
well they are not wrong in some aspect but, gold is still far better as gold is a physical matter while bitcoin is just a digital asset, a bug/virus in the entire internet network can wipeout all bitcoin in an instant
At your last sentence I'm just wondering how that can be so. Could that be ever possible? It seems not wondering all the security technology put on ground it looks unbelievable.
 
Over the past two decades gold has lost it's important as an investment understand it can be your stock if you want to invest for the century but if you want to get the profit in your lifetime then you could turn away from Gold
 
At your last sentence I'm just wondering how that can be so. Could that be ever possible? It seems not wondering all the security technology put on ground it looks unbelievable.
it's high unlikely that it could happen though, but the chances of it of not happening is not 100%, so yes it's possible even the margin is really low, even big companies with high security even gets hacked
 
Gold and Bitcoin shouldn't be compared imo. There's just too much differences between the two, especially since bitcoin doesn't even have physical form.
 
it's high unlikely that it could happen though, but the chances of it of not happening is not 100%, so yes it's possible even the margin is really low, even big companies with high security even gets hacked
If you looking in the direction of hacking,I will totally agree is very possible. Hacking is more deliberate than a bug. Well, with Hi-Tech now nothing is no longer impossible.
 
Gold and Bitcoin shouldn't be compared imo. There's just too much differences between the two, especially since bitcoin doesn't even have physical form.
yup agree, bitcoin might probably as well just disappear one day for all we know, we can't get our bitcoin or digital assets anymore if the whole network in the planet shuts down
 
Well I guess this is the good time to buy some, I think bitcoin will go to 10.000 again and 15000 at the end of this year.. Thanks for the info..
 
Well I guess this is the good time to buy some, I think bitcoin will go to 10.000 again and 15000 at the end of this year.. Thanks for the info..
yup I think so too, and judging from past statistics, I think peak are usually during months of december and it will drop again during the month of january
 
Bitcoin is expensive and so its fee is. With limited supply bitcoin could surge an unbelievable price and gold well its hard to compare but still gold is fall behind in race.
 
The only advantage is that bitcoin is digital and gold is real, cost will be involved in gold transactions unlike bitcoin that you get everything done without moving an inch from your bed.
 
Coinbase has publicly stated that bitcoin is a better alternative than gold since they are anonymous and digital and transaction fees are pretty low. Gold has to be transported from country to country which is pretty expensive and they are limited in supply. The COVID-19 pandemic has shut down the supply of gold and there are still some people investing their money on gold. I think the safer option would be to invest your money in bitcoin because it's doing quite well through this pandemic.
Of course bitcoin is far more superior to gold it has achieved a height that gold could never have and it is something totally different and apparently better and incomparable to gold
 
well, it should be the opposite, something that's not available everywhere should have a better value than something that exists a lot, supply being limited is the advantage for Gold
 
Gold is much preferred because it is physical, traceable and reliable, bitcoin might be equal to gold now but having it alone as source of income is very risky and volatile.
 

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