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Author Topic: Is gold better than Bitcoin?  (Read 42093 times)
gilangIDR
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May 08, 2016, 01:51:39 AM
 #221

if I were to choose then I would choose gold. the current gold investment is an investment for the long term. gold has been recognized by the world powers. and I believe gold is a thing that must be invested by each person.
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May 08, 2016, 03:14:44 AM
Last edit: May 09, 2016, 01:05:59 AM by _Miracle
 #222

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.

I use metals to store or for security, it costs too much to move in and out of metals in my area: most often times you will lose a premium on the buy and again on the sale.
Gold and Silver were down a little while back, I got as much as I could.

I use bitcoin to transact, for me it is easy to move in and out of.

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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May 08, 2016, 03:29:00 AM
Last edit: May 24, 2016, 03:19:18 PM by streazight
 #223

Gold is really better Smiley
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May 08, 2016, 03:30:39 AM
 #224

Actually gold is material thing and it's always better than digital, also a lot of any facts saying that gold is better now but bitcoin is growing and soon will become even better i belvie.

this difference would have mattered twenty years ago not today, we all have access to computers and internet even on our phones. so i don't see any issue with bitcoin being "digital" as you put it. you just have to learn the security.

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jak1
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May 08, 2016, 11:03:15 AM
 #225

Actually gold is material thing and it's always better than digital, also a lot of any facts saying that gold is better now but bitcoin is growing and soon will become even better i belvie.

People are actually using gold? I always thought that, with paper money and coins (quarters, dimes, nickels, and pennies), gold would only be collected and stored like a trophy. That it was money of the past. Except for maybe rich people. I mean, everywhere, people use cards, and ATMs for cash. Do stores even accept gold?
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May 08, 2016, 11:13:14 AM
 #226

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 don't think that gold is better than bitcoin, gold is now pretty old and it is stable, so it would take long time to get profit from it, so many people started to use bitcoins

and it is good for bitcoins too,as more buyers means larger price, some people buys other cryptos like etherium, but they still like it more than gold, as it give more profit and faster

 
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jasondeadz09
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May 08, 2016, 01:57:07 PM
 #227

Bitcoin is better  Wink
peta4e
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May 08, 2016, 02:13:55 PM
 #228

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 don't think that gold is better than bitcoin, gold is now pretty old and it is stable, so it would take long time to get profit from it, so many people started to use bitcoins

and it is good for bitcoins too,as more buyers means larger price, some people buys other cryptos like etherium, but they still like it more than gold, as it give more profit and faster

Yeah bitcoin allows us to make quick profits, but in gold you need to wait for a longer time as price fluctuation is not as high as bitcoin and gold is more stable.
The Feral Kid
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May 08, 2016, 02:38:07 PM
 #229

Bitcoin is better  Wink

I'm in agreement. The supply is known, limited, and soon to be halving in production of new coins. Miners will lose 50% of profit. That will have many impacts, no?
tabas
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May 08, 2016, 02:45:54 PM
 #230

Bitcoin is better  Wink

I'm in agreement. The supply is known, limited, and soon to be halving in production of new coins. Miners will lose 50% of profit. That will have many impacts, no?

As of now, I'm trying to weigh if what is better and I think the gold is better than bitcoin, after bitcoin reaches it maximum supply.
Or in short, if bitcoin reaches 21 million, there will become a stable price, I guess.

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stromma44
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May 08, 2016, 02:47:24 PM
 #231

Gold will always better in long run, as you can expect certain profit from it over a period of time, investing in bitcoin is bit risky as none is aware about the future of bitcoin.
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May 08, 2016, 08:00:46 PM
 #232

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.

I use metals to store or for security, it cost too much to move in and out of metals in my area: most often times you will lose a premium on the buy and again on the sale.
Gold and Silver were down a little while back, I got as much as I could.

I use bitcoin to transact, for me it is easy to move in and out of.

#_Miracle
You should be staff member, i will vote for you if you decide.. Your posts are extremely good and useful, and precise!
knowhow
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May 08, 2016, 08:49:14 PM
 #233

Gold will always better in long run, as you can expect certain profit from it over a period of time, investing in bitcoin is bit risky as none is aware about the future of bitcoin.

Well i agree with you as gold can be hold for over 5,10 and even 25 years that the result should be a stable or a bigger value at it,i doubt it can drop over the years ,even when it has some kind of limit.Bitcoin ,we all wanna it to last forever but we dont know what will happen with it on the next year,and harder to predict the bitcoin value on the next years .
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May 08, 2016, 11:33:24 PM
 #234

YES

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_Miracle
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May 09, 2016, 01:09:06 AM
 #235

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.

I use metals to store or for security, it cost too much to move in and out of metals in my area: most often times you will lose a premium on the buy and again on the sale.
Gold and Silver were down a little while back, I got as much as I could.

I use bitcoin to transact, for me it is easy to move in and out of.

#_Miracle
You should be staff member, i will vote for you if you decide.. Your posts are extremely good and useful, and precise!


LOL noooo I usually make it a point NOT to over contribute ;-)
But thank you.

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
Sandroxa
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May 09, 2016, 11:02:32 AM
 #236

Till now Gold is more safer investment.

But it is only for those people who know how to use gold and what is the right time to sale it.
Same like bitcoins, if you save bitcoins than you take care what is the right time and sell it.
So chose one thing which is the suitable for you, than defiantly , it is good investment for you.
As you can see you see that Bitcoin is getting more popular and that is nice for the most people who is using Bitcoin and that is nice because the world is also getting more digital.
So that is nice for the currency itself but you have also to know that there are more people that is using Bitcoin.
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May 09, 2016, 11:08:08 AM
 #237

Well with the bitcoin you can make a lot more money if you just hold it for a short term, if you hold gold on a short term you will not make profit.
Long term gold is better indeed for sure.
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May 09, 2016, 11:22:06 AM
 #238

I think that it really comes down to personal preference. I prefer Bitcoin because the price is rising and you will earn more money. Gold is worst because the price is more stable and you barely earn any money.
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May 09, 2016, 12:43:05 PM
 #239

It is not better than Bitcoin but as you can see now you see that Bitcoin is getting more used and that is perfect for the Bitcoin.
But the value is not that high now and that must chance soon otherwise they will get mad.
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May 09, 2016, 12:45:28 PM
 #240

I think that it really comes down to personal preference. I prefer Bitcoin because the price is rising and you will earn more money. Gold is worst because the price is more stable and you barely earn any money.

But I think gold is an best investment product which can give profits in long run, and feeling of holding gold is something very special, that is not same with bitcoin.

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