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Author Topic: So Bitcoin is better than Gold?  (Read 48087 times)
rebel92
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September 30, 2017, 02:06:06 AM
 #1201

I think Bitcoin is the Gold of our time. Gold had its uses, but times have changed. Bitcoin can be used online and offline (paper wallets). Bitcoin can easily be used as a currency and store of value. Everyone knows how much Bitcoin will be mined. Bitcoin is more transparent and you can easily find out how much is being moved around at any given time.

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mavee33
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September 30, 2017, 02:12:26 AM
 #1202

Bitcoin and Gold are kin

gilabusuk1
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September 30, 2017, 02:22:19 AM
 #1203

I think Bitcoin is the Gold of our time. Gold had its uses, but times have changed. Bitcoin can be used online and offline (paper wallets). Bitcoin can easily be used as a currency and store of value. Everyone knows how much Bitcoin will be mined. Bitcoin is more transparent and you can easily find out how much is being moved around at any given time.

really bitcoin is a transparent system that everyone can see it so nothing can be covered,
and in any case bitcoin is better than gold because it has more functions

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September 30, 2017, 02:27:51 AM
 #1204

If we are talking about the value and how bitcoin price goes up i think i will go for bitcoin. Gold are good for collection and the price are not fast higher than bitcoin. So bitcoin is better than gold.
agree with you, especially if in terms of business. bitcoin is a price that has an uncontrolled price. but that's where it is, sometimes people take advantage of it to make a big profit. well, unlike gold that has a price so stable.

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Barbarian
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September 30, 2017, 10:57:30 PM
 #1205

the opinion of each person is different, some say bitcoin better than gold there is a saying gold better than bitcoin. I think there are advantages and disadvantages. gold does not need an internet network to transact and gold is also a physical while bitcoin must use the internet for transactions.
Bitcoin needs several networks to be up an running not only electricity but others like constant fuel to keep the electricity going, and food and water to feed those that operate the electric centrals, but bitcoin can be transacted very easily over the world and can be moved from country to country with no problem unlike gold.

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October 01, 2017, 03:41:13 AM
 #1206

the opinion of each person is different, some say bitcoin better than gold there is a saying gold better than bitcoin. I think there are advantages and disadvantages. gold does not need an internet network to transact and gold is also a physical while bitcoin must use the internet for transactions.
Bitcoin needs several networks to be up an running not only electricity but others like constant fuel to keep the electricity going, and food and water to feed those that operate the electric centrals, but bitcoin can be transacted very easily over the world and can be moved from country to country with no problem unlike gold.

Yes bitcoin is better the gold. Bitcoin is used to any purchase and any counter, but good not use for the purchase it you just for the icing for the decoration. But gold is valuable one is the not use for the purchase and any bay bill. Bitcoin value changes every time and every day, but gold also changes but some time. We can not the gold quite some fake gold, sell in the market. But bitcoin is not that.

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October 02, 2017, 01:13:09 AM
 #1207

Apparently, Bitcoin is more popular than gold among investors.

Is it just hype or something fundamental about the digital currency. It’s hard to say. What’s not hard to say is that there’s a growing mistrust of national currencies, following dubious government policies, which has pushed people into Bitcoin.

The last three months in the digital currency rally, for instance, has coincided with India and Venezuela’s efforts to get rid of old currency notes.

Prime Minister Modi and President Maduro have very little in common – except they have pursued policies late last year that replace large notes in circulation with new notes (India) or with coins (Venezuela).
THAHIRHAJI
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October 02, 2017, 01:32:54 AM
 #1208

If we compare Gold with Bitcoin, Bitcoin is much better than Gold.

Gold can be an asset and it's grow very slow. But Bitcoin is rapidly growing up so I probably prefer Bitcoin only.

imsotiredofmoviereboots
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October 02, 2017, 01:45:26 AM
 #1209

For me, they are just both great and precious asset to own. They have their own advantages and disadvantages. Gold is going to last many years or millenium and still worthy while btc is very precious because our generation is going to be more advanced and it will be the perfect tool for currencies.

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syntac
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October 02, 2017, 01:51:08 AM
 #1210

I think bitcoin and gold have their own advantages and disadvantages. If bitcoin has advantages in privacy and decentralized security, bitcoin is also not taxed, but bitcoin has a high and unstable fluctuation. While gold has the advantage of a more stable side of the price, but if investing with gold can not get much profit, gold prices tend to fall if we sell it again.
adjudicator
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October 02, 2017, 01:55:24 AM
 #1211

So Bitcoin is better than Gold? Roll Eyes
For me Bitcoin and Gold are both special and have a good advantages. In which they have been used to different activities such as accessories fot gold and Internet thingy for bitcoin. They are mined by the miner but the weird thing is Bitcoin is mined but it is not tangible.

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October 02, 2017, 03:00:24 AM
 #1212

So Bitcoin is better than Gold? Roll Eyes
For me Bitcoin and Gold are both special and have a good advantages. In which they have been used to different activities such as accessories fot gold and Internet thingy for bitcoin. They are mined by the miner but the weird thing is Bitcoin is mined but it is not tangible.
Yes, both are both special and have a good advantages but in here bitcoin have more advantages than gold. Bitcoin is usefully can use as payment and maybe disadvantage of bitcoin if mining we must have have a lot of funds of everything needed to mine.

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Collinslevi
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October 02, 2017, 03:08:54 AM
 #1213

gold has its own advantages, too. It can be used as an outright gift, to make jewelry, and in manufacturing of certain products. Gold has a 5,000-year history as a long-term store of wealth. Bitcoin doesn't even have a hundred-year track record. Bitcoin is a convenient medium of payments around the globe, though for a limited number of transactions. There’s scarcity. Bitcoin supply is expected to be limited to 21 million. The supply of gold, on the other hand, is expected to increase anytime its price rises, as it provides an incentive for gold miners to mine for gold.
That’s why investors shouldn’t rush to substitute the yellow metal for the digital currency in their portfolio.
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October 02, 2017, 04:04:57 AM
 #1214

In digital terms bitcoin/crypto has the advantage over gold/fiat, but in terms of commercial needs gold maybe better in some terms than bitcoin/crypto only imo.

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October 02, 2017, 04:28:21 AM
 #1215

Bitcoin can really be considered better than gold in the sense that gold is practically stable in price and protects from inflation, but it does not bring significant profits, and bitcoin not only protects against inflation, but also generates significant profits even with its passive storage. This makes it more profitable than gold.

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October 02, 2017, 09:10:06 AM
 #1216

i think gold still better for giving to woman but for giving to clever woman bitcoin is more greater  Cheesy
im trying to give some explanation about bitcoin to my girlfriend hope she is interesting and can help me to earning bitcoin too  Grin Cheesy
For woman, Gold like precious jewelry and they do not care the value of it like Bitcoin.
Because default, the value of Gold always high becaue it rare, why they need to care that Grin?
Yes you are 100 percent right if the security issue be raised then no doubt gold is far better than bitcoin, because the blockchain wallet can be stolen or hacked anytime by thieves and hackers. While the gold cannot be stolen so easily if you keep them I your bank lockers.

On the other hand if we talk about the business and earn more money in a less time, then bitcoin is better than gold, because it is money and business both.
It is not that simple and easy as you are making it sound like. If this was the case then many of bitcoiners would have already lost their bitcoins. Most of the times, it is due to the carelessness of owner which makes the hack successful.

With due respect, I also want you to do a little research on SHA 256 hash so that you can have a better understanding of Bitcoin’s security.

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October 02, 2017, 09:50:57 AM
 #1217

So Bitcoin is better than Gold? Roll Eyes

Yes Bitcoin has many many benefits that Gold or other precious substances do not.
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October 02, 2017, 10:08:42 AM
 #1218

It is said that the amount of bitcoin is increasing day by day, so that it is said that So Bitcoin is better than Gold

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October 02, 2017, 10:18:14 AM
 #1219

Bitcoin have much greater investment potential and can bring much better profit to everybody because it's value increasing rapidly.In  gold is perhaps a better option, because of its popularity and stability of it.

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October 02, 2017, 10:27:03 AM
 #1220

Gold is considered as asset and risk less investment its price has some control if you compare in the last 10 years you can evaluate what Gold give returns to its investers.

If you look about Bitcoin in the last ten years of its performance no one can imagine the rate of it so considering and comparing the Gold v/s Bitcoin performance I prefer Bitcoin Only.

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