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Author Topic: Is gold better than Bitcoin?  (Read 42088 times)
BitsandBites
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May 27, 2016, 07:09:52 AM
 #361

Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.
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May 27, 2016, 09:05:35 AM
 #362

Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.

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May 27, 2016, 12:21:50 PM
 #363

Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.

I know right. Noone would go in a supermarket and trade with gold ingots...
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May 27, 2016, 12:24:20 PM
 #364

Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.

I know right. Noone would go in a supermarket and trade with gold ingots...

Of course we are in the modern days as supermarkets doesn't accept trading with other products for their goods. Or to be paid by gold for their service.
We are in the days where technology is a big trend and bitcoin is more going to be useful for it,

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QuestionAuthority
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May 27, 2016, 02:10:30 PM
Last edit: May 27, 2016, 03:22:43 PM by QuestionAuthority
 #365

Notice how the most senior members tend to suggest gold as a safer value store for long term storage (self included)?

At this point, all these years after it has started, this is still a technology under development. Bitcoin is more of an investment than a value store, imo. As with all investments, please people, never invest more than you can afford to lose. Despite how improbable, we cannot predict the future. Protect your value.

Gold can be used to make really expensive chocolate deserts. Try that with Bitcoin.



Does a brownie with a paper wallet wrapped around it count?  Grin

Try telling your girlfriend this paper ring is worth a bunch of money and see how that works out for you.

Convince NASA to start using corrosion proof paper circuits in their satellites.    

The point is, gold has intrinsic value, Bitcoin does not. Don't compare Bitcoin to commodities because it can't complete. Compare it to other worthless pieces of paper that have no value other than the value people agree to give it. Bitcoin = dollars is ok   Bitcoin = gold not ok

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May 27, 2016, 02:26:11 PM
 #366

For thousands of years gold has been the standard and symbols of wealth and they it not change up to this time Bitcoin is also valuable but it can only be valuable to people who are into internet you cannot say this to third world countries who has limited access to the internet..

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May 27, 2016, 03:25:55 PM
 #367

Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.

I know right. Noone would go in a supermarket and trade with gold ingots...
yeah, thats why bitcoins come in use when shopping, bitcoins is like gold but its way easier thing to use in my opinion and thats why it has so much potential in growing in the near future

bitcoins are definitely better than gold in my opinion and bitcoin price will only grow in my opinion what will allow us to make really big money out of our investments in bitcoin
GreenBits
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May 28, 2016, 12:14:45 AM
 #368

Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.

I know right. Noone would go in a supermarket and trade with gold ingots...
yeah, thats why bitcoins come in use when shopping, bitcoins is like gold but its way easier thing to use in my opinion and thats why it has so much potential in growing in the near future

bitcoins are definitely better than gold in my opinion and bitcoin price will only grow in my opinion what will allow us to make really big money out of our investments in bitcoin

It might just be me, but if the gold we're a currency, like a gold coin, I'd have no issue spending it in public places. In fact, this exists: the American gold eagle, but I believe the face value does not reflect the gold content of the coin. Back in the day, everyone used to use precious metal for everyday transactions; it was the standard.
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May 28, 2016, 12:40:07 AM
 #369

I still think that gold is a safer investment than bitcoin because bitcoin is so new and volatile right now.  However, I think that bitcoin has a bigger upside if in fact it can survive in the long run.  I guess bitcoin is riskier but there is a chance of a big payoff.

 
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VanDeinsberg12
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May 28, 2016, 01:30:42 AM
 #370

Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.

I know right. Noone would go in a supermarket and trade with gold ingots...
yeah, thats why bitcoins come in use when shopping, bitcoins is like gold but its way easier thing to use in my opinion and thats why it has so much potential in growing in the near future

bitcoins are definitely better than gold in my opinion and bitcoin price will only grow in my opinion what will allow us to make really big money out of our investments in bitcoin
Gold have the same potential with bitcoin, dude. For now, we can quickly to invest gold to make a payment and other. look at this https://www.bitgold.com/

Well, this can give more explained which better gold or bitcoin. Finally, both of them have a different function.
https://www.cryptocoinsnews.com/dollar-collapses-better-money-gold-bitcoin/

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May 30, 2016, 10:55:11 AM
 #371

Bitcoin is the best when you want too hide to others that you are rich,
When you have many golds you cant hide this, many people want it, want to get it, you cant secure it.
So Bitxoin is the best

You have a good point, but that can also be a disadvantage. If your private key is compromised, you can lose a great deal of wealth or even if it is

not compromised, but you only stored the information on a piece of paper and your house burns down. For these reasons I store my coins in many

locations and I have duplicates in more than one deposit box. Gold will melt in a fire, but you will still be able to retrieve it, once the fire was

extinguished. At this stage, gold is more recognizable and a thief will know what gold is, but I doubt if the average thief will know what Bitcoin is.
gold is always a better way to buy something in stores. you cant buy something in store with a bitcoin, thats why gold always will be the first way to pay. maybe they can add bitcoin payment method in webshops
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May 30, 2016, 11:10:51 AM
 #372

There is no doubt that gold is more popular then bitcoin, but the advantages of bitcoin are more in compare to the gold, gold cannot be used every where, but bitcoin can be used as a currency.
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May 30, 2016, 01:56:29 PM
 #373

Gold is not better than Bitcoin but hold is just more stable and more used because Bitcoin is quite new and not everyone knows what Bitcoin is and that is the problem of the Bitcoin.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.

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May 30, 2016, 02:04:25 PM
 #374

Gold is not better than Bitcoin but hold is just more stable and more used because Bitcoin is quite new and not everyone knows what Bitcoin is and that is the problem of the Bitcoin.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.

You don't need to worry with bitcoin at least for next 10 years, bitcoin will surely survive till then, so its good that we invest in bitcoin now as it can give us higher returns in compare to gold.
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May 30, 2016, 02:15:08 PM
 #375

Gold is not better than Bitcoin but hold is just more stable and more used because Bitcoin is quite new and not everyone knows what Bitcoin is and that is the problem of the Bitcoin.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.

You don't need to worry with bitcoin at least for next 10 years, bitcoin will surely survive till then, so its good that we invest in bitcoin now as it can give us higher returns in compare to gold.

Who know after 10 years how it is. But as for now this is good and we are making some money with it so we are happy that's it simply thinking about after 10 year and past year is just time waste.

According to topic gold is better than bitcoin because we don't know when market will go down and bitcoin price will down so why unnecessary we take risk. But now bitcoin price is very high so we can use it. 
jamesconroy4lyf
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May 30, 2016, 04:07:11 PM
 #376

What do you mean by 'better'?  Gold has a billion more real-world, 'use-value' applications than Bitcoin, and isn't reliant on the internet in order to exist.  But Bitcoin is an incredible technological innovation which offers individuals a financial autonomy never previously seen by any form of money.  Apples and oranges, gorillas and goji berries.
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May 30, 2016, 04:10:29 PM
 #377

Gold is not better than Bitcoin but hold is just more stable and more used because Bitcoin is quite new and not everyone knows what Bitcoin is and that is the problem of the Bitcoin.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.

You don't need to worry with bitcoin at least for next 10 years, bitcoin will surely survive till then, so its good that we invest in bitcoin now as it can give us higher returns in compare to gold.

Who know after 10 years how it is. But as for now this is good and we are making some money with it so we are happy that's it simply thinking about after 10 year and past year is just time waste.

According to topic gold is better than bitcoin because we don't know when market will go down and bitcoin price will down so why unnecessary we take risk. But now bitcoin price is very high so we can use it. 

Yeah we need to take advantage from bitcoin till it is serving us in the best way, and if we compare both of them then gold will always win the race in long run.
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May 30, 2016, 08:03:34 PM
 #378

No gold is not better than the bitcoin because with gold it take ages to make profit and with the bitcoin you can make such nice profits if you ask me on a short and long term period.
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May 31, 2016, 12:07:35 AM
 #379

I consider them both as good but with the bitcoin you can gain money an a relative short time and with the gold this is the opposite but mostly large amounts.
So for me they are as good as each other.
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May 31, 2016, 02:01:21 AM
 #380

No gold is not better than the bitcoin because with gold it take ages to make profit and with the bitcoin you can make such nice profits if you ask me on a short and long term period.

Try trading paper gold, you'd be suprised how volatile it is. Hard (for me) to time, but the profit is there if you can take it. Mining company (precious metals and rare earths) stocks are more volatile than some cryptos, lol.
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