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Author Topic: So Bitcoin is better than Gold?  (Read 53405 times)
Edrian
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December 05, 2017, 06:04:31 PM
 #1741

So Bitcoin is better than Gold? Roll Eyes

I don't agree with this. I think Gold is much better than Bitcoin, lots of reasons why.
Here are some list:
  • Bitcoin doesn't have physical form, unlike gold, in this case, if there is internet disruption or any kind of cyber attack bitcoin got easily affected because it was digital base
  • Bitcoin is Anonymous. What if you lost your bitcoin? it is hard to find because it is hard to trace
  • Gold is there long time ago people trust gold more than bitcoin
  • Bitcoin is volatile and hard to predict some people say bitcoin bubble is going to burst
xurestey
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December 06, 2017, 01:05:50 AM
 #1742

I believe in this, because gold is a traditional asset so less volatile and less profitable. Bitcoin is a trend to increase prices and bring more profits.
19faraon88
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December 06, 2017, 02:49:12 AM
 #1743

For me, bitcoin is better than gold specially in terms of generating income. And now there are more people investing in bitcoin than Gold.
ace4549
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December 06, 2017, 02:04:25 PM
 #1744

Yes, even though they have same characteristic that their value increases as the years goes by; still bitcoin is more better than gold.
Bitcoin provides a high yield of interest that will accumulate and give you a high return on income.
Bladeking
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December 06, 2017, 02:28:58 PM
 #1745

So Bitcoin is better than Gold? Roll Eyes

of course, because it is very profitable and has the bitcoin amount of value is limited, while the gold which can be mine all the time and the amount is not limited to, the selling value of gold is also uncertain. According to my personal with bitcoin can promise life to come be better than now
Snub
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December 06, 2017, 03:20:01 PM
 #1746

gold is a precious metal that has been used for a long time all over the world, and the bitcoin of cryptocurrency, which not everyone knows all over the world...I think they can't be compared
twthmoses
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December 12, 2017, 01:17:50 PM
 #1747

Personally, I think BTC is better. After all, BTC can be paid quickly and globally, and at the same time, it's safe and convenient.

Cash you can do the exact same, faster, easier, more convenient, and lower (much) fee, via cash’s digital delivering method, namely credit card or Mobil pay.
Barbarian
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December 12, 2017, 11:34:13 PM
 #1748

Better at using as much power as nigeria a county with 190million people and better at costing huge amounts to send even the smallest transaction. Personally bitcoin is only something to make money from and once i get that money i won't be keeping it. I'd rather have a fat gold chain a ferrari and my trophy wife anyday than a stack of bitcoins in my wallet.
If that is the way you see it then I'm not going to argue to change your mind just remember that it is easier to make money with something you like but since it seems you hate bitcoin your journey is going to be very difficult and I do not think you are going to get to your goals.
zekeshawn
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December 12, 2017, 11:43:33 PM
 #1749

Actually both of them is really good investment the only advantage of bitcoin with gold is that the price of bitcoin increase way faster than gold and bitcoin can also be used as a payment online and we all know that almost everything is done online now. While gold is for accessories and luxury.
mjM2017
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December 12, 2017, 11:45:40 PM
 #1750

Long term I'd rather have a basement full of gold. However, your building can burn down/stolen. BTC is certainly short term but it will keep rocketing up, and like golden, it can be squandered or stolen. What happens if it spikes downward?
electronix11
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December 13, 2017, 06:41:54 AM
 #1751

So Bitcoin is better than Gold? Roll Eyes

not exactly you could not say it is better because there are pros and cons between it. in the case of bitcoin you could hold it without having a fear of getting robbed unlike that of gold. while gold is internationally based item and used worldwide unlike that of bitcoin which is decentralized.
JessyHero
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December 13, 2017, 06:51:34 AM
 #1752

Actually, both are good. Gold for storage, Bitcoin for growth. I slowly acquire both of them plus a crypto investment portfolio.
LTCendmanagement
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December 13, 2017, 06:57:32 AM
 #1753

More precisely much more perfect than gold. Bitcoin offers freedom to its owners, without taxes, we hold our bitcoin full without the interference of third parties.

skylark001
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December 13, 2017, 09:21:42 AM
 #1754

Bitcoin is better than Gold for the ones who have for the reasons

-       It is better when you want to have any transaction in cross borders

-       Bitcoin is digital so no need to worry about a space / locker etc to keep it safe

-       Bitcoin value is increasing and hence for investment it is better than Gold

Gold is better than Bitcoin as it is a traditional method to see the net worth of an individual alongside the real estate he/she has.

ardhigalau
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December 13, 2017, 09:35:50 AM
 #1755

I do not think so, they have their own roles. Gold is so superior in the real world, bitcoin excels in cyberspace.
Sum24
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December 13, 2017, 06:24:24 PM
 #1756

It depends on the scenario, For person like me that cannot really afford to invest in gold then bitcoins is better because i can work hard to earn this coin unlike in gold that only miners can afford to have it.
Yes its true there is no doubt that bitcoin is much more better than gold because in bitcoin you will always get profit and in gold you will lose always  when you buy gold today and then you keep it on hold so it will never give you a profit there will be a deduction from your gold and bitcoin is totally different then gold if you buy bitcoin with low price and then keep it on hold so it will give you a very good profit because bitcoin is trying to change the life of people around the world and it don’t compromise on its price so I will prefer bitcoin then gold.
DrYe5
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December 13, 2017, 06:45:00 PM
 #1757

It depends on the scenario, For person like me that cannot really afford to invest in gold then bitcoins is better because i can work hard to earn this coin unlike in gold that only miners can afford to have it.

In my opinion, Bitcoin is not able to replace gold from its position after all. We have known gold since ancient times and it can not replace it. Maybe in the future when the world will be more civilized, it is possible.
Rozcobs
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December 13, 2017, 06:49:51 PM
 #1758

The answer to that question now is yes. Take a look in the business news lately between bitcoin and gold compared in which bitcoin is making such attention.
I am sure it becomes more attractive than gold nowadays. One example is you can buy other altcoins with the use of bitcoins as payment and many online shops are starting to adopt it.  Whereas gold, if you can you can only make to carry 2 kg of it and you want to use it to pay your food in the restaurant. I guess you can't use it. But for bitcoin is better because you have a wallet ready to pay.


RamBahadur.Gurung
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December 13, 2017, 06:55:17 PM
 #1759

How can you determine whether gold is better than Bitcoin, or vice versa? In terms of returns, Bitcoin is a thousand times better than gold. But if you consider user base and stability, then gold is the better one among the two.
Galih_Al karim
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December 13, 2017, 07:15:10 PM
 #1760

Most likely, yes !! bitcoin is better than gold because the sale price of bitcoin coin to btc is very high so for bitcoin member prefer coin from bitcoin
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