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Author Topic: Is gold better than Bitcoin?  (Read 42088 times)
adibe
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April 30, 2016, 01:00:31 AM
 #181

In what aspect ? If for investment, yes gold is more better. Because the price is more stable than bitcoin, it's really good for long term investment. In the other hand, bitcoin's price always change everyday.
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April 30, 2016, 02:13:12 AM
 #182

Buy gold with bitcoin and earn bitcoin as the price of gold increases.  Grin Link below.

Yes bitcoin is more practical, but that doesn't means that bitcoin can be compared to gold
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April 30, 2016, 02:22:44 AM
 #183

At this moment I like them both for different reasons.
I use bitcoin to transact.

There 'used' to be more truth in forums than anywhere else.  Twitter:  @cryptobitchicks  Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?"  INTJ-A
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April 30, 2016, 05:12:55 AM
 #184

At this moment I like them both for different reasons.
I use bitcoin to transact.

Yeah having both bitcoin and gold is a better option than holding bitcoin alone. How come you use gold to transact.

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April 30, 2016, 05:27:16 AM
 #185

...

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.

On this forum, i think bitcoin is better in future
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April 30, 2016, 06:17:54 AM
 #186

Although gold is physical, what makes me like bitcoin more is that it is digital. It is easy to transfer, although there are no refunds. I also like that it is relatively fast to transfer.

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April 30, 2016, 06:42:15 AM
 #187

Buy gold with bitcoin and earn bitcoin as the price of gold increases.  Grin Link below.
I think it would not provide much benefit mate ? due to the movement of gold prices tend to decline slowly and think you have to wait several weeks for a profit. perhaps only a slight advantage?
better to sell gold to bitcoin. and get benefit from the price increase bitcoin
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April 30, 2016, 07:15:46 AM
 #188

...

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.
4% rise in gold prices isn't enough if we only hold a small part this is very different with bitcoin when the price rose 4% we would be enough to feel the impact of gains.

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April 30, 2016, 07:22:47 AM
 #189

In what aspect ? If for investment, yes gold is more better. Because the price is more stable than bitcoin, it's really good for long term investment. In the other hand, bitcoin's price always change everyday.
I think you chose in accordance with the level of risk? of course people will choose gold.
but for a share of the profits. surely everyone would prefer bitcoin including me

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April 30, 2016, 09:12:43 AM
 #190

if you are looking for big profit then none of them are good, pumping altcoins are much better with 1000% increase. Cheesy

but for more security and having your mind at ease, gold is better and if you want more profit on top of that then that's where bitcoin comes in.

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April 30, 2016, 10:50:11 AM
 #191

Gold is good in th the present time  while bitcoin is good in future time.
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April 30, 2016, 10:56:00 AM
 #192

At this time I think Investing in bitcoin is much better then investing in gold,bitcoin has potential to give you upto 100% ROI ahead of upcoming halving but you can't expect that much return with investing in gold.So forget gold and go for bitcoin.
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April 30, 2016, 01:09:04 PM
 #193

Although gold is physical, what makes me like bitcoin more is that it is digital. It is easy to transfer, although there are no refunds. I also like that it is relatively fast to transfer.

Now gold too has got digital form. So investing gold in digital manner is available even in banks. It provides an added advantage for gold along with the increased acceptance.
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April 30, 2016, 01:27:09 PM
 #194

A lot of people seem to think gold is the answer to all our problems. Every time the economy takes a turn for the worst, people turn to gold. {They invest in gold to hedge against these problems} If you

do not buy physical gold items/ornaments/jewelry/gold bars ... you still have ZERO protection against anything. It is just a piece of paper and a ledger entry on a private database. People seem to think

that there are tons of gold stored in secret vaults under government buildings. Is this true? https://www.youtube.com/watch?v=gZcRk7UClO4 { There are no proof of this and audits in the USA are about

60 years old. } You have the only entry to your investment, when you invest in Bitcoin. { The private key } The proof that it exist, is on a public blockchain....  Wink

I wont call it better, just safer.
There are lots of differences bettween BTC and gold, for example, if you are holding gold, nothing can really destroy it, not earthquakes, floods, fires, and its always safe investmant. But, someone always can steal it from you...
And for btc, if you lose wallet, you will lose bitcoins, how can you actually lose gold  Grin

Yeah their so much difference and i think bitcoin is cannot be compared to gold is because gold is precious mineral and price of it is steady and goes up yearly while bitcoin is not stable and price may up and price may down and thats why if you invest in bitcoin and leave it for years you have chance to lose while staking in gold the more years pass the more highet the price


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pereira4
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April 30, 2016, 01:31:43 PM
 #195

The main problem with gold is:

1) Shit transportation: it's annoying to move gold bars, and it's impossible to not get detected in airports if they are looking to stop gold movements
2) Horrible divisibility: you can't cut gold in your house at the exact amount you want
3) You can't send it worldwide with 100% guarantee that it will arrive to the place you want it to arrive
4) Massive geological impact to mine it, tons of power needed (yes way more than bitcoin)
5) Constant uncertainty about the total supply

There are so many wrong things with gold, I could go on for days
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April 30, 2016, 02:10:46 PM
 #196

Currently, people won't trust bitcoin and would continue to invest in gold. But trust me, as the time passes off, people will switch to bitcoin instead. Bitcoin's value is only gonna increase from now on, and people will realize that. It is such a revolution and very few percentage of people is currently aware of it, the main cause of it is that no one actually owns bitcoin. No one is ready to promote it, like in advertising campaigns. As the time passes, people would be aware of it and would definitely like to save in this crypto-currency. The international media should definitely play role in promotion of bitcoin (such as in news), and for every other thing, leave it to bitcoin itself.
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May 01, 2016, 03:16:44 PM
 #197

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.
People do consider gold as a store of their wealth and when they find any extra money and they want to store them in any asset they buy some gold, while I don’t think that they will consider bitcoin as a store of their wealth as bitcoin is volatile and so people are there only for their needs and trading.
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May 01, 2016, 03:44:15 PM
 #198

Till now Gold is more safer investment.
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May 01, 2016, 03:59:26 PM
 #199

Till now Gold is more safer investment.
Yeah but bitcoin has fast movent price from the market than gold... but they are the same valuable.. more bitcoin you hold for now you can make lots of profit after block halving unlike gold.. gold only is increasing yearly not the same as bitcoin that you can see sooner for the price increase and decrease..

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May 01, 2016, 05:08:59 PM
 #200

no i do not think that gold is better than BTC because gold is the backup money when you are in trouble. and i coins and other currency is the first thing to use when needed and it will net be replaced. ayes sometimes coins cannot do any thing because we became obbessed with gold and we do not want money anymore.
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