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Author Topic: So Bitcoin is better than Gold?  (Read 52708 times)
hynext
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October 19, 2017, 06:23:41 PM

In many ways bitcoin is better than gold. For me gold and bitcoin are the same value. You can do a lot for bitcoin. Gold is a good investment not risky and bitcoin is risky but it depends on holder. I'll go for Bitcoin it's better and greater than gold.

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October 20, 2017, 02:41:35 AM

Bitcoin is far more worthwhile than gold at the present electronic planet. Now a times bitcoin buying and selling give you a greater income than gold. But bitcoin enterprise is not risk totally free like gold. We can only guess about bitcoin long term but we can not positive about bitcoin’s potential market. Gold industry often operate about the globe. Many of the countries of the entire world did not help bitcoin nevertheless but gold is supported by each nation. There is not a solitary place in the world who is not entail with gold. We can say that bitcoin can give you a limited time profitable company in which gold give you a longtime lucrative business. More than all bitcoin is the ideal for trading in the electronic world’s trade market. Bitcoin is digital coin it is ideal for electronic entire world and Gold is prefect for both of offline and on the internet marketplace.
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October 20, 2017, 02:47:59 AM

So Bitcoin is better than Gold? Roll Eyes
For now i think bitcoin is better than gold becuase if you see the value of bitcoin is totally increasing so that's why i'll sure 100% that now and after 10 years the value of gold surpass by the bitcoin so bitcoin is better than gold. Smiley
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October 20, 2017, 02:48:29 AM

So Bitcoin is better than Gold? Roll Eyes
Its value is higher than gold but I think if it talks about gold futures it is more stable than bitcoin. You can not be sure that bitcoin can exist in the next few years, but gold can still exist.
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October 20, 2017, 02:55:22 AM

Bitcoin and gold have their own advantages. I think those have no better since they walk in different way.
But i can choose, i will choose bitcoin since bitcoin has big potential to make me money more than i think.

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October 21, 2017, 09:13:00 AM

Yes some people suppose so and I also think about bitcoin much greater than gold.
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October 21, 2017, 09:22:54 AM

So Bitcoin is better than Gold? Roll Eyes
Although bitcoins price has defeated that of gold. But still I dont think that bitcoin is better than gold because firstly, gold is a precious metal and its value keeps on increasing with time. Then it has a physical identity. Gold is a stable form of currency therefore its value does not fluctuate often. Gold is regulated by government which increases its stability and pretexts it from falling. Lastly gold is much more popular and in usage than that of bitcoin and its demand is increasing day by day.

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October 21, 2017, 09:27:12 AM

Then there are a couple of advantages that make Bitcoin better than gold, at least for the millennial generation, which understands the digital currency better than the baby-boomer generation.

Unlike gold, for instance, Bitcoin is a convenient medium of payments around the globe, though for a limited number of transactions.

Then, theres 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.

To be fair, gold has its own advantages, too. It can be used as an outright gift, to make jewelry, and in manufacturing of certain products.
Thats why investors shouldnt rush to substitute the yellow metal for the digital currency in their portfolio.

Especially if they dont quite understand the nature of the digital currency.
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October 21, 2017, 09:29:01 AM

Then there are a couple of advantages that make Bitcoin better than gold, at least for the millennial generation, which understands the digital currency better than the baby-boomer generation.

Unlike gold, for instance, Bitcoin is a convenient medium of payments around the globe, though for a limited number of transactions.

Then, theres 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.

To be fair, gold has its own advantages, too. It can be used as an outright gift, to make jewelry, and in manufacturing of certain products.
Thats why investors shouldnt rush to substitute the yellow metal for the digital currency in their portfolio.

Especially if they dont quite understand the nature of the digital currency.

Gold still has a hard limit no matter if more people mine for it. I'm not sure on the estimate for the limit. Bitcoin has a known limit of 21 million which is estimated to be mined in around 100 odd years.

Bitcoin can be sent as a gift. You can buy gold plated physical bitcoin which has the private key on the back.
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October 21, 2017, 09:31:36 AM

It is very hard for us to determine which one is better, bitcoin and gold do have their advantages and disadvantages, we us bitcoin to invest on internet and it is a digital currency, but it very unstable dispite higher price than gold, gold is physical currency but long term investing, so we cant compare which one is better.

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October 21, 2017, 09:48:24 AM

It is very hard for us to determine which one is better, bitcoin and gold do have their advantages and disadvantages, we us bitcoin to invest on internet and it is a digital currency, but it very unstable dispite higher price than gold, gold is physical currency but long term investing, so we cant compare which one is better.

Actually we can but you are right that each has its own advantage.  For me, having no money to buy gold, I would go and think that bitcoin is far better than gold.  You cannot buy gold and cannot own some.  While bitcoin can be earned and can be used to buy gold.

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October 21, 2017, 10:19:34 AM

Yes bitcoin better than gold, I will choose put my investment into bitcoin than gold. Bitcoin is profitable than gold, bitcoin always increase the price from time to time. But gold price more stable than bitcoin, bitcoin price unpredictable and fluctuating so I choose to hold the bitcoin to long term investment. Bitcoin so far so good than gold.

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October 21, 2017, 11:05:54 AM

Gold is a excellent expenditure for individuals who dwell in circumstances of war. Only investments that can be called with great difficulty. Most probably in such situations you will market the gold at very lower rates to get foods. Investing in gold is a relic of the past. With the arrival of bitcoin gold turns to dust.
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October 21, 2017, 01:00:06 PM

Bitcoin can yield you better returns than Gold. Gold might be good for long term, but for short term bit coin is the best. However, if the uncertainties regarding bitcoin clear, it can be good for long term also.

Meanwhile, We are kicking off our ICO campaign, if anyone who likes to assist us to manage the bitcointalk announcement page please contact us. You can contact us in our telegram handle @BoonTech

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October 21, 2017, 01:08:39 PM

Gold is a excellent expenditure for individuals who dwell in circumstances of war. Only investments that can be called with great difficulty. Most probably in such situations you will market the gold at very lower rates to get foods. Investing in gold is a relic of the past. With the arrival of bitcoin gold turns to dust.

Gold will never turn into dust. Bitcoin may be better in something than gold, but it will never replace gold. Bitcoin is still little known. And everyone knows gold. Some investors will never replace gold with bitcoin

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October 21, 2017, 01:12:11 PM

For now, yes. Bitcoin prices is always go up until reach the new high level although there are still volatility in it. So bitcoin become very good investment that can give profit for the owner better than gold.  But gold is also good because it is one of safe haven.

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October 21, 2017, 01:31:34 PM

There are two aspects to this question. On the one hand, gold is reliable and tested for centuries. On the other hand, the cost of bitcoin grows much faster than gold, and hence the chance to get rich much faster. This is just your choice, what to invest in, the more you can invest in bitcoin and gold (if you allow a number of your funds).

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October 21, 2017, 01:43:42 PM

i think it's depend on the value of gold nowadays and the value of bitcoin. we can say it's better because we can easily earn bitcoin unlike gold in our country so hard to get. but in terms of the value we can't say what is better unless we can see what is easy to earn if bitcoin or gold.

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October 21, 2017, 02:05:01 PM

So Bitcoin is better than Gold? Roll Eyes
Although bitcoins price has defeated that of gold. But still I dont think that bitcoin is better than gold because firstly, gold is a precious metal and its value keeps on increasing with time. Then it has a physical identity. Gold is a stable form of currency therefore its value does not fluctuate often. Gold is regulated by government which increases its stability and pretexts it from falling. Lastly gold is much more popular and in usage than that of bitcoin and its demand is increasing day by day.
Well, if we talk about profit, bitcoin would certainly be better than gold but if we talk about stability and long-term, gold will be better than bitcoin, in summary, gold and bitcoin have different advantages and disadvantages, so we can not compare and say which is better. Personally, I like bitcoin, simply because the chance to get rich from bitcoin is great, the purpose of investing is to make money, choose Bitcoin is a very reasonable thing, it's newer, more potential. Talking about gold, gold was old, the opportunity for us to earn money from it is very little, it does not fit the purpose of the investment

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October 21, 2017, 02:57:25 PM

So Bitcoin is better than Gold? Roll Eyes
Its value is higher than gold but I think if it talks about gold futures it is more stable than bitcoin. You can not be sure that bitcoin can exist in the next few years, but gold can still exist.

People cannot earn gold literally because it was very hard to get and its not possible for everyone. Bitcoin is a lot easier and the only requirement that you have is a device that can connect to the internet. Maybe in the future, gold will lost its value and bitcoin will dominate the entire world since crypto currency is easier and too main stream.

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