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Author Topic: So Bitcoin is better than Gold?  (Read 52834 times)
Pamoldar
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May 19, 2017, 02:33:40 AM
 #41

I think as of now yes bitcoin is much better investment than gold, for fast return of investment you will see that in bitcoin. But if you are looking for long term investment and sure investment go for gold less risk and high return for long term investment.
I think so too.
If I would regard bitcoin to be an asset I would say it performing far much better than gold
and people have  gone on to call it the liquid gold I guess its living up to its expectations

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May 19, 2017, 02:39:17 AM
 #42

Bitcoin is always better than gold because it can be transferred anywhere in the world within a matter of minutes.
If bitcoins are kept in a hard wallet then there is also very less chance that the price of bitcoins would be stolen away.
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May 19, 2017, 02:40:26 AM
 #43

I think as of now yes bitcoin is much better investment than gold, for fast return of investment you will see that in bitcoin. But if you are looking for long term investment and sure investment go for gold less risk and high return for long term investment.

If you looking fast return or long term investment, for both bitcoin would be best option at now and in future. Most of the people think that bitcoin value would fluctuate we cannot judge price anytime. If we see the price rate in the chart and adoption rate since 2014. It tells you the answer for that how much we are safe with the bitcoin. All firms and people underrated bitcoin has been adopting it high range and numbers. Bitcoin will best stock in the world according to me.


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May 19, 2017, 03:36:36 AM
 #44

I am a huge fan of precious metals. Mainly silver due to the 75 to 1 gold to silver ratio. Silver is extremely undervalued at this point in time. However the more I understand the Bitcoin, the more I become bullish on Bitcoin and it's future purchasing power. I continue to allocate 20% of my invest-able dollars into Silver on a monthly basis. 60% I utilize to buy more Bitcoin on an ongoing basis. The other 20% I keep in cash for liquidity, investment opportunities and to save for a new condo in 2018. I have paused buying stocks due to them being over valued. However mining stocks still pose a major opportunity for those with the stomach to take the financial risks.

I think Bitcoin has 1 major benefit over GOLD. Transfer-Ability. If I had to bug out, move to another country or anything related I can store my wealth and blast it into cyberspace or place on a PAPER WALLET to migrate elsewhere!

David BTC Silverspoon
~He Who Owns Bitcoin, Makes The Rules!
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May 19, 2017, 03:47:28 AM
 #45

Bitcoin is better than gold because it's more accessible, anyone can start buying it/holding it anywhere, doesn't matter the amount you have to invest. Gold is harder to find in my opinion and just worth if you hold it physically, otherwise I don't think it's safe. Bitcoin price is increasing a lot also in small time periods, gold doesn't give the same profit opportunity.

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May 19, 2017, 03:52:20 AM
 #46

If you want more fast profit its better you choose bitcoin because the price of this coin increasing daily and for sure few years only you get a lot of money because you choose bitcoin but they have disadvantage of investing in bitcoin what if bitcoin die your money also die what if the bitcoin price dump your money also decrease.

If you want safe investment surely income you can choose gold because the price increasing day by day but the disadvantage of investing gold is you need more years before you see the result.

Bitcoin and gold is both good investment try to look the advanatage and disadvantage of this two.

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May 19, 2017, 04:09:25 AM
 #47

Bitcoin is better than gold because it's more accessible, anyone can start buying it/holding it anywhere, doesn't matter the amount you have to invest. Gold is harder to find in my opinion and just worth if you hold it physically, otherwise I don't think it's safe. Bitcoin price is increasing a lot also in small time periods, gold doesn't give the same profit opportunity.
It depends, based on the user the importance of gold and bitcoin differs. As quoted bitcoin has got the anywhere accessing option which is quite hard with gold but now this too is available with gold through digital gold investment. In terms of security gold takes the lead as bitcoin operates on its own.

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May 19, 2017, 04:13:25 AM
 #48

Bitcoin is better than gold because it's more accessible, anyone can start buying it/holding it anywhere, doesn't matter the amount you have to invest. Gold is harder to find in my opinion and just worth if you hold it physically, otherwise I don't think it's safe. Bitcoin price is increasing a lot also in small time periods, gold doesn't give the same profit opportunity.
It depends, based on the user the importance of gold and bitcoin differs. As quoted bitcoin has got the anywhere accessing option which is quite hard with gold but now this too is available with gold through digital gold investment. In terms of security gold takes the lead as bitcoin operates on its own.
Here I completely agree with you and even in reality it will be clear that gold has a great popularity consistently and the value of the novelty, even if the equivalent of Bitcoin is very different


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May 19, 2017, 04:22:20 AM
 #49

Different stuff that can't be compared exactly. Gold for example can be used for electronics and arts, but use Bitcoin for any out of inside the computer would be impossible, and Gold is something that would not go away with a couple of EMP in some strategic locations. Also not everyone is (or should be obligated to be) in the internet in order to have savings and do transactions(like some kind of mark of the beast).

There is a quote from Satoshi about gold:

"As a thought experiment, imagine there was a base metal as scarce as gold but with the following properties:

– boring grey in colour
– not a good conductor of electricity
– not particularly strong, but not ductile or easily malleable either

and one special, magical property:

– not useful for any practical or ornamental purpose

If it somehow acquired any value at all for whatever reason, then anyone wanting to transfer wealth over a long distance could buy some, transmit it, and have the recipient sell it. Maybe it could get an initial value circularly as you’ve suggested, by people foreseeing its potential usefulness for exchange. (I would definitely want some) Maybe collectors, any random reason could spark it."

Aug. 27, 2010

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May 19, 2017, 04:29:34 AM
 #50

Bitcoin is better than gold because it's more accessible, anyone can start buying it/holding it anywhere, doesn't matter the amount you have to invest. Gold is harder to find in my opinion and just worth if you hold it physically, otherwise I don't think it's safe. Bitcoin price is increasing a lot also in small time periods, gold doesn't give the same profit opportunity.
It depends, based on the user the importance of gold and bitcoin differs. As quoted bitcoin has got the anywhere accessing option which is quite hard with gold but now this too is available with gold through digital gold investment. In terms of security gold takes the lead as bitcoin operates on its own.
Here I completely agree with you and even in reality it will be clear that gold has a great popularity consistently and the value of the novelty, even if the equivalent of Bitcoin is very different

BTC's popularity cannot be more than of Gold. The features and advantages of the BTC are far better than gold comparatively but gold is something which people like to hold and wear for a long long time. I know some families where Gold is reserved from generations.

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May 19, 2017, 04:41:45 AM
 #51

Gold is still miles ahead in terms of value, but the recent surge in price of bitcoin puts it in a better position as an investment. If we look at it in the short term, it looks like bitcoin is the preferred investment vehicle of the new generation. Let us see how the value holds for a long time and if 1 bitcoin can become even more valuable than a gold bar.


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May 19, 2017, 05:02:56 AM
 #52

That is obvious gold is much better than bitcoin no doubt about it only an idiot would agree, one of the best properties and one important one is in the molecular structure and the way atoms of gold are placed in a way that will block almost every radiation, it also absorbs heat from the surrounding environment which I heard from my brother that causes snakes to be around buried treasures containing gold since they lack any heat producer in their body.
I was talking about the economical advantages of bitcoin over gold not physical advantages. anyways most of the gold is on paper being traded by people and bitcoin is already digital and I wonder what happens if scientists find a way to create artificial gold which apparently they already did the one place is at particle accelerators.

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Astvile
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May 19, 2017, 05:05:03 AM
 #53

Depending on what feature you will use it on,spending money and storing money on gold if you are not aiming to make huge profits in a short time frame will be alot on favor of gold rather than bitcoins,gold is more stable.But if you want to earn profits fast then bitcoins is way better

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May 19, 2017, 05:10:09 AM
 #54

Proudly to say yes, bitcoin rising price is very fast, faster than any precious metals and no signing of stoping to rise so it is very profitable to invest in bitcoin for now, but I still put my investment into bitcoin and gold because gold has proven more stable and has been used as investment tools for a long time and it is wiser to not put all your investment in one basket

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May 19, 2017, 06:14:10 AM
 #55

At least I'm very strong. I hope that gold in some case saves me from others, I risk losing my money, although today it's quite profitable to make money on Bitcoin

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May 19, 2017, 06:55:03 AM
 #56

At least I'm very strong. I hope that gold in some case saves me from others, I risk losing my money, although today it's quite profitable to make money on Bitcoin

Gold is one of the least riskiest asset in the world, and that is probably the reason why so many people (and even the governments and the banks) use it. Bitcoin is relatively new. And until it gets stabilized, the risk will be there.


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May 19, 2017, 07:16:12 AM
 #57

So Bitcoin is better than Gold? Roll Eyes

As we can see now at the price value of bitcoin, it was 1921$ each, which is obviously bitcoin over take the price value of Gold.
And there is a lot of things also that bitcoin is better than gold and of this thing was bitcoin is not centralized, while Gold is engaged into regulated industry. And more of that bitcoin also has volatility which gold don have, it is very flexible too in any aspect of the usages of bitcoin to any users.

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May 19, 2017, 07:52:46 AM
 #58

I think it's still better than gold, we must calculate the marketplace, gold reserves are all State controlled, it may be more than 30% of the financial world, whereas the bitcoin no more than 0.00001%

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May 19, 2017, 08:36:09 AM
 #59

I think it's still better than gold, we must calculate the marketplace, gold reserves are all State controlled, it may be more than 30% of the financial world, whereas the bitcoin no more than 0.00001%

Bitcoin is certainly good for quick earning, but without the Internet they can not be used and so far it is not accepted everywhere. So investments in alternative sources are also needed.

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May 19, 2017, 08:45:12 AM
 #60

yes I Think so Because of Its transferabilty and easy Liquidity , also Its Increasing Popularity makes It More Valuable .
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