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Author Topic: Is gold better than Bitcoin?  (Read 42093 times)
rinhunter
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October 12, 2016, 12:58:56 PM
 #781

Both have their own advantages. In terms of transaction we can send bitcoin in just a matter of few minutes but it is not possible in gold. Good can be stolen but bitcoin is not stealable. We can trade with bitcoin but it is possible only for bulk amount.
Yes, agree, but Bitcoin could have been stolen, if you put in the exchanger and then exchanger got hacked that was makes your Bitcoin also got stolen.
Senor.Bla
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October 12, 2016, 01:03:53 PM
 #782

Both have their own advantages. In terms of transaction we can send bitcoin in just a matter of few minutes but it is not possible in gold. Good can be stolen but bitcoin is not stealable. We can trade with bitcoin but it is possible only for bulk amount.
Yes, agree, but Bitcoin could have been stolen, if you put in the exchanger and then exchanger got hacked that was makes your Bitcoin also got stolen.
both can be stolen but in different ways. i can steal your bitcoins without leaving my home and i can steal your gold by breaking into your home. if you have your key encrypted properly i might have no chance to get it, but having gold at a safe place also reduces the possible amount of thieves.

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October 12, 2016, 01:06:36 PM
 #783

I don't think so, maybe they are in different categories. Like you can use Gold as Jewelry while Bitcoin can not be used as one. Bitcoin can be used as a currency to transact to anyone while gold is for trading. Also in the market for Gold it can be dangerous as many people will really want to have your gold no matter what the cost are, unlike bitcoin you can access all of it with just your phone.

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Kotone
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October 12, 2016, 01:10:00 PM
 #784

Gold is created by nature and it is the best if we are going to choose it as a display or bling bling on our body and we can sell it one and we can't do trading there and earn some profits but in bitcoin we can invest it and we can earn bitcoins too where we can trade it into another altcoins and then earn bitcoin again.

rinhunter
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October 12, 2016, 01:26:47 PM
 #785

Both have their own advantages. In terms of transaction we can send bitcoin in just a matter of few minutes but it is not possible in gold. Good can be stolen but bitcoin is not stealable. We can trade with bitcoin but it is possible only for bulk amount.
Yes, agree, but Bitcoin could have been stolen, if you put in the exchanger and then exchanger got hacked that was makes your Bitcoin also got stolen.
both can be stolen but in different ways. i can steal your bitcoins without leaving my home and i can steal your gold by breaking into your home. if you have your key encrypted properly i might have no chance to get it, but having gold at a safe place also reduces the possible amount of thieves.
You're right, for this I think bitcoin is more difficult to get stolen, but the security of both, depending on the user. Because if we keep them well, we will be safe from stolen.
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October 12, 2016, 01:27:24 PM
 #786

No I do not think that the gold is better because it mostly takes a long time to make profit with it and with the bitcoin you can make huge profits in a pretty small time plus you can also pay with it too.
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October 12, 2016, 01:29:48 PM
 #787

No I do not think that the gold is better because it mostly takes a long time to make profit with it and with the bitcoin you can make huge profits in a pretty small time plus you can also pay with it too.

the huge profit days in a short time are over. now you can still have that huge profit but not in a short time but instead in a very much longer time. so in some cases people are even comparing bitcoin to gold in stability.
but i agree that bitcoin is better since you can pay for stuff with bitcoin.

Holding Bitcoin More Every Day
JumperX
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October 12, 2016, 01:30:04 PM
 #788

No I do not think that the gold is better because it mostly takes a long time to make profit with it and with the bitcoin you can make huge profits in a pretty small time plus you can also pay with it too.

No doubt gold will take time to give you profits but the profits are guaranteed in long run and you can also have relief that gold will never disappear and will always survive in future.
CyberKuro
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October 12, 2016, 01:45:06 PM
 #789

I am a bitcoin lover of course but , i just can't compare bitcoin to a gold why? simply because gold was made in nature and i can really say that this is one of the most beautiful things created by the creator.
Mee too im bitcoin lover lol nope gold is just created by science and it always a incedent that no one knows how gold are created i think if you are going to choose bitcoin or gold you will difinitely choose gold because it is made in nature but you can't made profit there unless you choose bitcoin.
I prefer bitcoin than gold for short and long term, it gives us an opportunity to have some earnings
But for safety, I will choose gold, for the beginning of time people around the world always looking for gold and now it has massive adopt so it provide more safety investment than any else I thought.
Legasean
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October 12, 2016, 01:51:07 PM
 #790

Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery Cheesy Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand.
You can better use bitcoins becuase i kjnow for sure that the bitcoin will rise again some times and that is just becuase i know that the future will be good for the bitcoin for sure trust me.
BADecker
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October 12, 2016, 02:56:39 PM
 #791

Bitcoin is what AIs will use to control the world. Gold is what people will use to take the world away from the AIs.

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October 12, 2016, 03:21:16 PM
 #792

yes, Bitcoin is way easier to transport  Cheesy
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October 12, 2016, 03:38:39 PM
 #793

No I do not think that the gold is better because it mostly takes a long time to make profit with it and with the bitcoin you can make huge profits in a pretty small time plus you can also pay with it too.

No doubt gold will take time to give you profits but the profits are guaranteed in long run and you can also have relief that gold will never disappear and will always survive in future.

That is what is running in my mind now. Because I see bitcoin like gold. Both are mined, both are using like an investment and gold is like a currency way back. It is almost the same and bitcoin have been also rising the same way as gold and it is almost half its price now.

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newIndia
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October 12, 2016, 03:43:01 PM
 #794

Bitcoin is digital gold, i.e. gold of the future.

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October 12, 2016, 03:44:49 PM
 #795

yes gold is better than bitcoin and any other thing because is it the strongest and the oldest valuable stuff in the whole world but bitcoin is currently not that great but it has a potentiality to become a legend it just need some time and popularity once people started using and trusting in it then it can maybe cross the double value of gold

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October 12, 2016, 04:09:38 PM
 #796

yes gold is better than bitcoin and any other thing because is it the strongest and the oldest valuable stuff in the whole world but bitcoin is currently not that great but it has a potentiality to become a legend it just need some time and popularity once people started using and trusting in it then it can maybe cross the double value of gold
It is true that gold has high value in order for use in our life, it usefulness. and since centuries ago until now people always collect it as medium of exchange or for investment, gold has massive adoption worldwide. But I think bitcoin has several advantages compared to gold, even now the price of bitcoin higher than gold, if we calculate BTC1 equal 15gr of Gold. Moreover, you can transfer bitcoin worldwide easier with low cost than gold.
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October 12, 2016, 04:11:35 PM
 #797

Yes i would also agree that gold is way better than bitcoin. Also just look back over the centuries and you will see that it had so much value back then, and its still has value at this time and personally i believe that if currency economy disappears for some reason, gold will stay forever

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October 12, 2016, 04:16:57 PM
 #798

i think maybe in future bitcoin will better than gold, but now gold still better than bitcoin
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October 12, 2016, 04:24:05 PM
 #799

Bitcoin is digital gold, i.e. gold of the future.
That must be true. Bitcoin was basically designed by keeping gold in mind.
Bitcoin has all the properties of gold but in electronic format, so definitely bitcoin must be better than gold. Saving bitcoin over gold surely will benefit us comparatively with more returns. Because bitcoin has better growth rate against gold.
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October 12, 2016, 04:32:15 PM
 #800

Bitcoin is digital gold, i.e. gold of the future.

no it is not. bitcoin is 100 times better than gold.

you can easily buy, hold, and also spend bitcoin with any amount that you want but you can never do the same with gold.

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