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Author Topic: Is gold better than Bitcoin?  (Read 42161 times)
Wendigo
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April 28, 2016, 01:27:45 PM
 #161

I don't think gold is better than Bitcoin because they can serve different purposes and be more or less useful depending on the circumstances. Gold has a long-standing stable value and can be used also in the form of jewelries as a sign of wealth. Bitcoin on the other hand has a very volatile price, can be stored digitally so it doesn't need special security measures unlike gold and can be sent to any destination in the world for almost no fees. So a financial institution or a very wealthy individual may choose gold to invest their money into and another smaller company may choose to conduct business with Bitcoin and profit off it price spikes so both have their utility.
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April 28, 2016, 01:31:24 PM
 #162

A lot of people still have trust in the Gold. Also gold is there for so many decades. But i think Bitcoin will win in the future.
lots of people still have trust in the Gold because gold deserve to be trust and to be collect.. bitcoin is similar to gold because of its price and quality. but bitcoin is better because it is a decentralized currency and more accessible.
Well, I also feel like it. I think that the current bitcoin is still better compared to gold, because the price of bitcoin which tend to rise and fall, so very many people who take advantage of it to be used as additional income, and gold can not be like that
Gold is more a store of wealth by the majority of its holders.

Bitcoin is also a great store of wealth, but traditional investors find Bitcoin too volatile and thus keep their money in Gold.
bitcoin is fluctuative and it's not worth for saving any of your cents if you're not going to expect a rise/falling price,gold is better for saving, the price always grow up
That not true, price of gold could be down sometimes
But i do agree that gold is better than bitcoin in saving because gold is solid and bitcoin are virtual
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April 28, 2016, 03:57:35 PM
 #163

A lot of people still have trust in the Gold. Also gold is there for so many decades. But i think Bitcoin will win in the future.
lots of people still have trust in the Gold because gold deserve to be trust and to be collect.. bitcoin is similar to gold because of its price and quality. but bitcoin is better because it is a decentralized currency and more accessible.
Well, I also feel like it. I think that the current bitcoin is still better compared to gold, because the price of bitcoin which tend to rise and fall, so very many people who take advantage of it to be used as additional income, and gold can not be like that
Gold is more a store of wealth by the majority of its holders.

Bitcoin is also a great store of wealth, but traditional investors find Bitcoin too volatile and thus keep their money in Gold.
bitcoin is fluctuative and it's not worth for saving any of your cents if you're not going to expect a rise/falling price,gold is better for saving, the price always grow up
That not true, price of gold could be down sometimes
But i do agree that gold is better than bitcoin in saving because gold is solid and bitcoin are virtual
No mate the price of bitcoin will fall sometimes but don't be worried hold on your coins and sure price will go high within limited period at that moment you can get big amount as profits but with gold as for years it remains the same.

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April 28, 2016, 03:59:09 PM
 #164

Gold is better than bitcoin if you are trying to make a watch.  Especially if it is a gold watch you are trying to make - then bitcoin is for shit.

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April 28, 2016, 03:59:38 PM
 #165

A lot of people still have trust in the Gold. Also gold is there for so many decades. But i think Bitcoin will win in the future.
lots of people still have trust in the Gold because gold deserve to be trust and to be collect.. bitcoin is similar to gold because of its price and quality. but bitcoin is better because it is a decentralized currency and more accessible.
Well, I also feel like it. I think that the current bitcoin is still better compared to gold, because the price of bitcoin which tend to rise and fall, so very many people who take advantage of it to be used as additional income, and gold can not be like that
Gold is more a store of wealth by the majority of its holders.

Bitcoin is also a great store of wealth, but traditional investors find Bitcoin too volatile and thus keep their money in Gold.
bitcoin is fluctuative and it's not worth for saving any of your cents if you're not going to expect a rise/falling price,gold is better for saving, the price always grow up
That not true, price of gold could be down sometimes
But i do agree that gold is better than bitcoin in saving because gold is solid and bitcoin are virtual
No mate the price of bitcoin will fall sometimes but don't be worried hold on your coins and sure price will go high within limited period at that moment you can get big amount as profits but with gold as for years it remains the same.
It all comes down to the movement of the markets. Technically and historically speaking, the value will go up due to more people investing and the effect of inflation. The halving is also coming up, and that should affect the value.
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April 28, 2016, 04:16:30 PM
 #166

Gold is better than bitcoin if you are trying to make a watch.  Especially if it is a gold watch you are trying to make - then bitcoin is for shit.
I agree that it's a matter of price. gold prices will probably always increases during the golden age increases, it is an investment that is sure, and quite different from the bitcoin, and I think gold still has the superior aspect of the bitcoin

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April 29, 2016, 05:04:27 AM
 #167

No Sir, Gold is better but not comparison with Bitcoin, because bitcoin is a currency, you can earn bitcoin easily and use bitcoin easily. its mean everyone can earn it and use it and get profit, but if you talk about GOLD, so not everyone can earn from gold, because it is a difficult field, only few people can do it and get profit from gold. 









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April 29, 2016, 05:13:17 AM
 #168

No Sir, Gold is better but not comparison with Bitcoin, because bitcoin is a currency, you can earn bitcoin easily and use bitcoin easily. its mean everyone can earn it and use it and get profit, but if you talk about GOLD, so not everyone can earn from gold, because it is a difficult field, only few people can do it and get profit from gold. 

Go through various investment relating to gold. As we has got the access to invest even the very small portion of bitcoin. Gold too has got the availability, but big profits can be earned through gold only if the world market is in the rise.
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April 29, 2016, 05:31:17 AM
 #169

your article is very helpful this will helps me a lot. Cool

yes it is helpful but it is difficult to get profit from Gold if you are jeweler than you can get profit very easy, but the salary person can't get profit from gold. instead of this bitcoin is easy field everyone like business man and salary person both can use it and invest it and get profit.
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April 29, 2016, 05:38:49 AM
 #170

Both of them is good long investment tools, gold has been around longer than bitcoin so gold has a good reputation becoming a better investment, bitcoin itself also is a good investment but it still need time to prove the existence
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April 29, 2016, 02:29:53 PM
 #171

BItcoin is different kind of goods, digital goods and this is something completely new, and as such can become even more valuable because people actually recognizing this. But yet will pass many years when btc get even close to gold.
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April 29, 2016, 02:34:17 PM
 #172

BItcoin is different kind of goods, digital goods and this is something completely new, and as such can become even more valuable because people actually recognizing this. But yet will pass many years when btc get even close to gold.
BTC isn't valued in the same way gold is partially because the production costs aren't the same, and you can mine Bitcoin for far cheaper than you can mine for gold.

The lack of investors in Bitcoin when compared to gold is also a fairly influencing factor with the price, and could be why it is lower than gold at this point.
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April 29, 2016, 04:22:52 PM
 #173

A lot of people still have trust in the Gold. Also gold is there for so many decades. But i think Bitcoin will win in the future.
lots of people still have trust in the Gold because gold deserve to be trust and to be collect.. bitcoin is similar to gold because of its price and quality. but bitcoin is better because it is a decentralized currency and more accessible.
Well, I also feel like it. I think that the current bitcoin is still better compared to gold, because the price of bitcoin which tend to rise and fall, so very many people who take advantage of it to be used as additional income, and gold can not be like that
Gold is more a store of wealth by the majority of its holders.

Bitcoin is also a great store of wealth, but traditional investors find Bitcoin too volatile and thus keep their money in Gold.
You cant say that gold is better than Bitcoin but what you can say is that Bitcoin will be better in the future because the world is getting more digital and that is nice for Bitcoin.
Because Bitcoin is online money you can see that there are a lot of people that is using now Bitcoin because it works easily and that is quite nice for the world also.
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April 29, 2016, 04:48:15 PM
 #174

Both of them is good long investment tools, gold has been around longer than bitcoin so gold has a good reputation becoming a better investment, bitcoin itself also is a good investment but it still need time to prove the existence

I can see the bitcoin potential that will beat gold in the future. As we can see that many big company already use bitcoin for their transaction.
Also bitcoin spending far easier rather than you're using gold !
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April 29, 2016, 11:00:08 PM
 #175

Gold is good to invest in but I consider bitcoin because with bitcoin you can earn it pretty fast and easy, its very profitable on a short term.
I think gold is good but not better instantly, because you have to hold it for a long term.

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April 29, 2016, 11:26:56 PM
 #176

i think is yes, because for me gold is more stable than bitcoin. the rate of gold when down is not too much, and when is high, the rate gets fly too

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April 29, 2016, 11:37:32 PM
 #177

Its hard for me to compare bitcoins and gold. Gold is old and and can be used for many different things. Bitcoin is young and still need to prove it self.
I don't like gold so much, I don't own any and I don't use it. Bitcoin is my choice, I like it more then gold. I use bitcoins and I have fun with btc.



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April 29, 2016, 11:45:52 PM
 #178

Buy gold with bitcoin and earn bitcoin as the price of gold increases.  Grin Link below.
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April 30, 2016, 12:15:44 AM
 #179

...

Gold and Bitcoin both did very well this weekend.  Gold was up some 4%, which is not a bad gain at all for a week.

Bitcoin was up about 1%.

Both are good holdings.
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April 30, 2016, 12:54:53 AM
 #180

i think is yes, because for me gold is more stable than bitcoin. the rate of gold when down is not too much, and when is high, the rate gets fly too

I think gold move on either side quite slow and study. I don't think while going up, it goes up in super fast way. Gold is a very good investment and it will help when all other financial systems are not doing good. It is considered as a safe haven to invest money during economy trouble time. But at the same time bitcoin also good some good advantages from its price movements so I will put some money in bitcoins to take that price volatility advantage to make some quick profits.
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