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Author Topic: So Bitcoin is better than Gold?  (Read 52694 times)
portalufonet
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March 14, 2018, 10:48:36 PM
 #2241

I think between gold and bitcoin there is nothing that each other outperforms, because the second world is different. we sell bitcoins to buy gold, and vice versa. but the difference between gold is not created through the internet as it is bitcoin

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March 15, 2018, 01:18:57 AM
 #2242

I dont think that bitcoin can be compared with gold. They have their own distinctions in such a way that both of them are good. Bitcoin is a cryptocurrency that can be used in a daily activities like for paying bills or purchasing something you want to buy. It is also a  way of using in trade to generate income or profit. Gold is an element that keeps its own value. It can retain its price or value as time goes by. The only that they have in common is that both of them are useful and can be considered as a treasure.

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March 15, 2018, 02:18:19 AM
 #2243

Yes indeed bitcoin is better than gold! We all know that the prize of gold is almost same. Same as this is not increasing nor decreasing, maybe somehow it change but not so high or low. Unlike bitcoin that goes so high and yet goes so low. This is the thing that makes bitcoin better than the gold. You can buy bitcoin if its prize is low then you can sale this one when its values increases. What gold is ahead with bitcoin is that gold has a constant value in the world. In short this is more known rather than bitcoin.     

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March 15, 2018, 02:27:23 AM
 #2244

Making an investment is a personal choice, but for me I think both is good investment. Gold is known and being used for a long time and bitcoin also good because I can trade with it.

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March 15, 2018, 02:27:29 AM
 #2245

I think between gold and bitcoin there is nothing that each other outperforms, because the second world is different. we sell bitcoins to buy gold, and vice versa. but the difference between gold is not created through the internet as it is bitcoin

indeed we must admit that between bitcoin and gold there are two different sides but both of them can be said to have in common is a long-term investment and very easy to trade, but the price is more challenging and more profitable bitcoin and ease to be stored.
so it can be concluded bitcoin better than gold and easier

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March 15, 2018, 02:31:58 AM
 #2246

Today I confidently say that bitcoin is better than gold in terms of price, my statement is not without base, but it's by looking at the real evidence. We all can seein this month the price of bitcoin reaches $ 4000 and that's fantastic. Bitcoin continue to break highes price record, even bitcoin prices are expected to rise again after the segwit proposal ends.

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March 15, 2018, 02:34:14 AM
 #2247

I think the value of bitcoin and gold is much different, for me if gold only makes ornaments or saves money. Similarly, the selling price of Gold will fall from the purchase price.
While bitcoin will continue to increase over time, so we prefer to store bitcoin rather than gold.

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March 15, 2018, 02:44:29 AM
 #2248

Yeah, we can find out there are lots of advantages of Bitcoin. It has high security, easy transaction... It can be fungible, portability, durable, scarce.. All of these advantages gold may not has. So that's reason why for now people prefer use bitcoin than gold or dollar.
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March 15, 2018, 02:52:28 AM
 #2249

In terms in price value gold is a little bit ahead but if you compare the different aspects between bitcoin and gold you'll know that bitcoin far surpasses gold.
Bitcoin can send $1 million worth of transaction without being tampered and will get confirmed especially now that segwit is activated.
Besides being fast it is also secure and anonymous unlike gold that might get rob down the road.
And with it's decentralized feature it is not regulated by governments unlike gold.

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March 15, 2018, 03:32:59 AM
 #2250

So Bitcoin is better than Gold? Roll Eyes

I would like to say, yes Bitcoin is better than gold. let's make some comparison.One of the most striking differences between gold and bitcoin is that while the precious metal represents a physical object, bitcoin is entirely digital.
Buy why are we comparing bitcoin with gold? Bitcoin is a currency which is we use for shopping and purchasing thing, while gold is a precious element and not a currency. I think both have their own importance. Bitcoin is good to be use for shopping throughout the world, without changing it into any other fiat currency, while gold is good for holding, because gold has a stable price and we can observe a very slight change in the price of bitcoin.

Yes agreed if you compare bitcoin and gold in the field of currency and not currency, they have different importance.
If we talk about this than nothing is better than.
But gold and bitcoin nowdays become investment tool so we keep them and hope the price is better in the future.
Which one do you think better?

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March 15, 2018, 03:39:43 AM
 #2251

So Bitcoin is better than Gold? Roll Eyes
Yes , you are right . Bitcoin is better if you are comparing both , Bitcoin and gold for a longer perspective. If you take a graph of increasing prices of Bitcoin and gold in the past 4 years then you will come to know the difference. Whereas the prices of gold are almost constant and change a bit. But like for jewellery and stuff , one advantage is that you can use them for many occasions and if no damage is cost on that jewellery then you can sell them according to the market price of gold. Whereas if you use Bitcoin you will lose that amount and you will have to earn them again. But considering rest , Bitcoin is better than gold.

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March 15, 2018, 03:47:03 AM
 #2252


So Bitcoin is better than Gold? Roll Eyes
If we think is profitable then bitcoin is better than gold, with $ 1 million we invest bitcoin then in a year to $ 10 million, whereas if gold is not more than $ 1.01 million, that's what tempts everyone to invest bitcoin.

                                      
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March 15, 2018, 03:52:00 AM
 #2253

Both are limit and not inflation. But gold is recognized by everyone and internationally, bitcoin has not done yet

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March 15, 2018, 03:54:33 AM
 #2254

of course bitcoin is better than gold, bitcoin has a lot of advantages compared to gold
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March 15, 2018, 03:56:52 AM
 #2255

So Bitcoin is better than Gold? Roll Eyes
It’s true that bitcoin has defeated gold in the terms of prices and since bitcoin has started it has gained huge amount of popularity and users throughout the world resulting in increasing its demand. But stil I don’t think that bitcoin is better than gold because firstly, gold is a stable form of currency and its value does not fluctuate often whereas bitcoin is not a stable form of currency and its value fluctuate a lot. Secondly, gold is trusted worldwide and is also accepted around the globe whereas bitcoin is not trusted and it is not accepted everywhere.

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March 15, 2018, 05:15:21 AM
 #2256

Both are limit and not inflation. But gold is recognized by everyone and internationally, bitcoin has not done yet
Bitcoin is still on the process of getting notice by the people around the world and i think that the bitcoin will be able to be accepted or adopted by the majority after 10 years from now because the technology of the cryptocurrencies are really giving good ideas to the other people and businesses to create their own service and solve the current issues that we have through blockchain.

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March 15, 2018, 08:15:42 AM
 #2257

If to compare bitcoin and gold now, then of course gold is better! If to look forward, then to answer this question very difficult. Perhaps the bitcoin will be tied to gold in the future)

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March 15, 2018, 08:22:11 AM
 #2258

So Bitcoin is better than Gold? Roll Eyes
I think so that bitcoin is better than gold because bitcoin prices can changes its value from time to time as its ups and down

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