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Author Topic: Is gold better than Bitcoin?  (Read 42162 times)
Aamir1
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October 12, 2016, 04:32:32 PM
 #801

i think maybe in future bitcoin will better than gold, but now gold still better than bitcoin

They both have different merits and demerits, gold is more secure as an investment while it does not earn you too much profits in long term, while bitcoin is not as secure as gold is but it can earn you some great profits in long run, so they are both good in different ways.
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October 12, 2016, 04:55:18 PM
 #802

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

I agree that bitcoin will never surpass gold because of gold’s proven value and history.  But we are comparing two different entities here.  Tangible and non-tangible stuff.

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.

Doesn't it makes gold more precious than bitcoin?  The rarity and the tangibility.  The cost and of course the proven history Cheesy.  So tell me why are antiques more precious and expensive than wares just created now?

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October 12, 2016, 05:02:27 PM
Last edit: October 12, 2016, 07:10:04 PM by djank
 #803

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Gold could be used during the medieval ages as a form of payment - today it can't - in the future it can't.

I think it can, and the probabilities to that is big, have you ever wondered why every country in this world is stacking gold?
Imo Bitcoin (blockchain) combined with Gold is really the future currency. Gold have difficulty in term of big transaction (need space and time to transfer it) but blockchain answer it. Bitcoin have problem with trust (cause mostly people want have wealth that they can touch, see and keep) gold answer it. So i think bitcoin (blockchain) and gold can stand side by side as strong currency (blockchain as a system and gold/percious metals as medium)

Quote
It's so easy to make fake looking Gold, that it would be impossible for the public to determine if it was real or not.
im not sure with that, cause testing fake gold or not is easy, just use magnet or even just bite the gold. but if you want perfect result use nictric acid.

Quote
If the entire world went into massive crisis, with no internet, no fuel, shortage of food etc, I bet you that food/medicine will be the primary currency. I will trade you 2tons of gold for 1kg of food because my family is starving.
when that happen food/medicine/gold  still will be a goods. At that time, yes food/medicine have more value rather than gold but also they have limitation which is age, so imo they can't act as primary currency cause of their limitation.
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October 12, 2016, 05:07:29 PM
 #804

i think maybe in future bitcoin will better than gold, but now gold still better than bitcoin

They both have different merits and demerits, gold is more secure as an investment while it does not earn you too much profits in long term, while bitcoin is not as secure as gold is but it can earn you some great profits in long run, so they are both good in different ways.
Yeah for almost members here we are all staying in bitcoin than gold since we can not afford to buy gold but i am planning to buy a gold but made in bitcoin like casascius coin some one are offering this coin here..  so i save a lots of bitcoin the partial i will buy gold casasius coin made in bitcoin.. i collect 5pieces  is much better so if bitcoin will increase the price in few years i can sell high my casasius coins.
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October 12, 2016, 05:10:48 PM
 #805

i think maybe in future bitcoin will better than gold, but now gold still better than bitcoin

They both have different merits and demerits, gold is more secure as an investment while it does not earn you too much profits in long term, while bitcoin is not as secure as gold is but it can earn you some great profits in long run, so they are both good in different ways.

Yeah both have their unique advantages so a person should choose according to his convenience, if he can afford to take risk then bitcoin is the best choice for him and if he wants to be safe then gold is the option.
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October 13, 2016, 04:48:28 AM
 #806

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
Gold is recognized by all over the world and by many people however you need time to earn from it because the value as time passes by increasing and for me its a good asset to keep. both has their own benefits and btc is digital while gold is physical asset.

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October 13, 2016, 04:52:36 AM
 #807

Way better when it was disvovered. Now it is just a metal that people are inveating in to or used as a jewelry to prove the value of one person. Now the online investing have been a click to many people that is why they are switching here. We can say we are growing in terms of finance.

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October 13, 2016, 04:54:00 AM
 #808

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
In some cases it is better, like the reasons stated here, but in some cases Bitcoin is better. Like it is much harder to steal, there are many more ways to earn it and the price is more likely to go up.
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October 13, 2016, 06:39:55 AM
 #809

Quote
Gold could be used during the medieval ages as a form of payment - today it can't - in the future it can't.

I think it can, and the probabilities to that is big, have you ever wondered why every country in this world is stacking gold?
Imo Bitcoin ([Suspicious link removed]bined with Gold is really the future currency. Gold have difficulty in term of big transaction (need space and time to transfer it) but blockchain answer it. Bitcoin have problem with trust (cause mostly people want have wealth that they can touch, see and keep) gold answer it. So i think bitcoin (blockchain) and gold can stand side by side as strong currency (blockchain as a system and gold/percious metals as medium)

Quote
It's so easy to make fake looking Gold, that it would be impossible for the public to determine if it was real or not.
im not sure with that, cause testing fake gold or not is easy, just use magnet or even just bite the gold. but if you want perfect result use nictric acid.

Quote
If the entire world went into massive crisis, with no internet, no fuel, shortage of food etc, I bet you that food/medicine will be the primary currency. I will trade you 2tons of gold for 1kg of food because my family is starving.
when that happen food/medicine/gold  still will be a goods. At that time, yes food/medicine have more value rather than gold but also they have limitation which is age, so imo they can't act as primary currency cause of their limitation.


thank you for very good points. Bitcoin in a combination with gold is interesting!

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October 13, 2016, 06:44:52 AM
 #810

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
In some cases it is better, like the reasons stated here, but in some cases Bitcoin is better. Like it is much harder to steal, there are many more ways to earn it and the price is more likely to go up.

Yeah and if you are looking to invest your money then you can start even with a small amount in bitcoins and not you always have an opportunity to earn them in different ways which is not possible with gold.
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October 13, 2016, 09:41:51 AM
 #811

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
In some cases it is better, like the reasons stated here, but in some cases Bitcoin is better. Like it is much harder to steal, there are many more ways to earn it and the price is more likely to go up.

Yeah and if you are looking to invest your money then you can start even with a small amount in bitcoins and not you always have an opportunity to earn them in different ways which is not possible with gold.

Yeah, i also have same thinking, because if we want to start work with gold, than should have a big amount, than we start it but instead of it, if we have limited amount and if we invest in bitcoin than we can start our business.
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October 13, 2016, 09:52:33 AM
 #812

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
In some cases it is better, like the reasons stated here, but in some cases Bitcoin is better. Like it is much harder to steal, there are many more ways to earn it and the price is more likely to go up.

Yeah and if you are looking to invest your money then you can start even with a small amount in bitcoins and not you always have an opportunity to earn them in different ways which is not possible with gold.

well, I agree that you can buy bitcoin even in smaller amounts but you can still buy gold too with small amounts. besides it doesn't matter which one you buy or how much you buy it, you should instead think about the amount of fees that you are paying as fees when you buy each of these and how much is the minimum to buy them.

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October 13, 2016, 12:56:31 PM
 #813

It really depends on the usecase. Overall, bitcoin is more flexible, easy to trade and can be transferred without a big fuss (physically) about security. Some people like the idea of being able to hold what they own in their hands and secure it by non digital means. Personally I couldn't do without the ability to ttrade what I own.

sure...i secondly agree with you...flexibility and easy to trade and easy to transfer comes of btc than to gold...though as for me i trade btc...easy to use and its convinient..flexibility
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October 13, 2016, 01:08:20 PM
 #814

Gold is definitely "better" than bitcoin.

Both gold and bitcoin need a community that sees value in them,
but Bitcoin requires additional technology to work (the internet),
while gold doesn't.

I love both.

-sf-
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October 13, 2016, 01:23:37 PM
 #815

In my opinion, both are good. But if you must pick, i choose gold than bitcoin. Because gold is more popular than bitcoin and looking from the price, bitcoin also good though.
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October 13, 2016, 01:28:10 PM
 #816

In my opinion, both are good. But if you must pick, i choose gold than bitcoin. Because gold is more popular than bitcoin and looking from the price, bitcoin also good though.

Indeed most will select gold. because gold is much more gives you the assurance that have yet to be given by the bitcoin, but if you know the advantage of incredible bitcoin then I am sure you will switch to using bitcoin as a place of investment or another. Bitcoin not only provide benefits but also provides a solution for all of us
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October 13, 2016, 01:40:44 PM
 #817

In my opinion, both are good. But if you must pick, i choose gold than bitcoin. Because gold is more popular than bitcoin and looking from the price, bitcoin also good though.

True. Because of its popularity it will be easier to sell it even with just people. There are pawnshops too which are accepting gold and some are 24/7 when it is emergency you could get money anytime.

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October 13, 2016, 01:46:42 PM
 #818

In my opinion, both are good. But if you must pick, i choose gold than bitcoin. Because gold is more popular than bitcoin and looking from the price, bitcoin also good though.

True. Because of its popularity it will be easier to sell it even with just people. There are pawnshops too which are accepting gold and some are 24/7 when it is emergency you could get money anytime.
That is the present scenario, bitcoin will replace gold in very near future like you will be able to trade bitcoin with your neighbour. The returns we can get from bitcoin is definitely very bigger than what we could get from gold investments. Due to lack of bitcoin adoption, gold may seem handy, but in near future things will change bitcoin will start dominate.
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October 13, 2016, 01:51:48 PM
 #819

In my opinion, both are good. But if you must pick, i choose gold than bitcoin. Because gold is more popular than bitcoin and looking from the price, bitcoin also good though.
Both are good but you need to atleast pick one , well if you are choosing gold than bitcoin we know that gold is more popular than bitcoin but you can make money once in gold not like bitcoin that you can earn there continuesly not gold right ? compare it mate.
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October 13, 2016, 02:00:33 PM
 #820

In my opinion, both are good. But if you must pick, i choose gold than bitcoin. Because gold is more popular than bitcoin and looking from the price, bitcoin also good though.
Both are good but you need to atleast pick one , well if you are choosing gold than bitcoin we know that gold is more popular than bitcoin but you can make money once in gold not like bitcoin that you can earn there continuesly not gold right ? compare it mate.
because of continuous fluctuation choosing between the two i will rather choose btc still because we know the potential the reason most of us are here because we believe with this technology and we support that btc will grow and be successful in the near future.
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