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Author Topic: So Bitcoin is better than Gold?  (Read 47644 times)
jessepat
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October 23, 2017, 08:04:06 PM
 #1381

Gold is a Precious Metal used by mankind as a medium of exchange for millennia. It is also useful in technology and manufacturing, and is appreciated for its beauty in the form of jewelry, art and keepsakes. It is also important to note that Gold has demonstrated reliability. Gold is also sure to never lose its intrinsic value as a Precious Metal with numerous practical applications.

Bitcoin, on the other hand, is a coded, crowd sourced currency that did not exist until 2009. its value is dependent on community participation.



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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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October 23, 2017, 08:08:11 PM
 #1382

We need both BTC and gold, just in order to diversify.
But, long-term, BTC price and value will be xxx times "higher" than Gold.
Gold is mined every year in tonns and bitcoin is only 21M supply forever.

I agree with you.
We need gold now. But 10 years later, nobody will cares gold Smiley

We cannot say that in 10 years, nobody will care about gold because we really do not know what the future holds; because I think gold will never fade away because it is an element... it is just my belief.

In terms of acquiring bitcoin and gold, I'll go for bitcoin. Not everyone can hold gold because they don't have enough money to have one. In bitcoin, there are so many ways to earn and have bitcoins; you can even buy and invest it if you want.

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October 23, 2017, 08:21:16 PM
 #1383

In my understanding both of them are able to store value for longer period of time. You can't compare them directly because gold is physical and bitcoin is virtual. I also think that in the near future more and more people will live their life inside their house and do everything via the internet, so maybe that time the virtual gold, the bitcoin will be more valuable, or at least useable.
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October 23, 2017, 08:26:08 PM
 #1384

Yes its beter than gold and much safer than gold   Wink Wink Wink
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October 23, 2017, 08:28:07 PM
 #1385

I think that people from the bitcoin community rarely use gold to invest. After all, bitcoin has many advantages. The main of which is a rapid price increase

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October 23, 2017, 08:37:53 PM
 #1386

So Bitcoin is better than Gold? Roll Eyes

a 100% yes, aside from bitcoins value its not like everyone can buy or mine a pure gold in their local stores or trade market and it is somewhat prone to thieves specially in third world countries you can't even wear gold accessories casually in the street. Anyway what I'm saying is bitcoin is more accessible to everyone since it is internet based and everyone who has an access to internet is capable of trading , buying or earning it.

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October 23, 2017, 08:54:50 PM
 #1387

Of course, it is better than gold, when the value of gold always stand still bitcoin will continue to fluctuate.
Bitcoin is better in all aspects as compare to gold and all this is just because of the profit rates that is given by the bitcoin, gold is somehow giving profit but no that much competing to the bitcoin and now gold is ignored by the community everyone is blindly investing into the bitcoin because they all know that bitcoin is more promising and having potential to give thousands of dollar profit in one week.

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October 23, 2017, 09:25:04 PM
 #1388

So Bitcoin is better than Gold? Roll Eyes
Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes




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October 23, 2017, 09:58:14 PM
 #1389

you can say that again. considering the rate and pace at which bitcoin is appreciating and has appreciated over the months, i cant help but admit that bitcoin is far better than god.

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October 23, 2017, 10:47:34 PM
 #1390

So Bitcoin is better than Gold? Roll Eyes
Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes







 This clearly the proof. But for traditional people will always say that gold is better than bitcoin. But for us, we can earn bitcoin as easy as it is than gold we're only talking about the money but for me bitcoin is better than gold. You can't earn 2k worth of gold in just a week. For some situation, gold can be robbed bitcoin can't. Though your account can be hacked or scammed you just lose your digital coins it can be easily earned again than gold.
There is nothing you can do to convince people that follow tradition, to them something is better just because it has been tried by several people before them and while gold is a good investment there is no doubt in my mind that bitcoin is the future.

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October 23, 2017, 10:56:58 PM
 #1391

gold is better to touch and you may worn on the chest.
but about bitcoin you may dream. it's hard

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October 23, 2017, 11:13:52 PM
 #1392

Bitcoin is Like a Weed
always High

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October 23, 2017, 11:32:51 PM
 #1393

So Bitcoin is better than Gold? Roll Eyes

In terms of value appreciation, hell yeah! We have not seen the value of gold multiplied as many times as bitcoin. Bitcoins is very fast with regard to its climbing up the charts. There may be some dips along the way, but if we look at the general pattern, we will all be amazed. Gold on the other hand is boasting stability in price but it somehow remains stagnant. It cannot ran after the potential profit that bitcoin is offering.


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October 23, 2017, 11:38:09 PM
 #1394

So Bitcoin is better than Gold? Roll Eyes
Both of them are better because they are both an asset.Gold are cannot be depreciated in bitcoin price value is increasing so it has a value also.Bitcoin is flactuating and gold also has a high value.They are both profitable and important asset.

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October 24, 2017, 12:10:37 AM
 #1395

indeed my analysis like that because bitcoin so rapidly rising the price especially now bitcoin so high price,

in contrast to gold rising a little bit so I do not really like the gold ...

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October 24, 2017, 06:39:14 AM
 #1396

So Bitcoin is better than Gold? Roll Eyes
Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes







 This clearly the proof. But for traditional people will always say that gold is better than bitcoin. But for us, we can earn bitcoin as easy as it is than gold we're only talking about the money but for me bitcoin is better than gold. You can't earn 2k worth of gold in just a week. For some situation, gold can be robbed bitcoin can't. Though your account can be hacked or scammed you just lose your digital coins it can be easily earned again than gold.
There is nothing you can do to convince people that follow tradition, to them something is better just because it has been tried by several people before them and while gold is a good investment there is no doubt in my mind that bitcoin is the future.
Honestly, just comparation the speed of transfer money in Bitcoin still make many people want to use it instead of Gold or Dollar.
That is the best function of Bitcoin while Gold and Dollar can not do that.
As Lauda said, we can not send a huge amount of money with cheap fees when we use Gold and the speed of the Bitcoin transaction also faster than any asset, currency.

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October 24, 2017, 07:15:59 AM
 #1397

I agree bitcoin is better than gold at many ways: fast transactions, no delay, anonymous,high price than gold. However gold also has their own possitive side that can not deny: stable, good for investment in long term, popular since very long, symbolize a country economy. So despite the fact that bitcoin has their advantages, gold will always be a great symbol to a society.

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October 24, 2017, 07:18:59 AM
 #1398

So Bitcoin is better than Gold? Roll Eyes

Yes bitcoin allows you to transfer a truckload of funds to and fro seamlessly and even without a trace in an instant. However gold has something that bitcoin would never have or would only have in the future. And that is consistency and not the volatility of cruptocurrencies

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October 24, 2017, 07:25:08 AM
 #1399

So Bitcoin is better than Gold? Roll Eyes

Of course obviously bitcoin better than gold. You can see the price of 1 bitcoin more expensive than gold. Bitcoin offers better security than gold. I see it from the facts on the ground.

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October 24, 2017, 07:27:33 AM
 #1400

So Bitcoin is better than Gold? Roll Eyes
Yes i think bitcoin now is better than gold why? Because bitcoin has lot of resources and the price is very very high compare to gold.

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