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Author Topic: So Bitcoin is better than Gold?  (Read 52914 times)
andrei56
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August 04, 2017, 11:12:27 PM
 #581

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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Stop convincing people that bitcoin is better than anything not only gold, I can't afford to buy a single coin ever since price jumped from $1100 to $1800 Sad I didn't realized then but now I'm not telling anyone about bitcoin any more, because I've realized that I've found a gold mine and what an idiot I was to shout about it every where.
Bitcoin becoming mainstream and with 50K transactions per second in the future as we all know is inevitable but we must take advantage while is in infancy stage.

Btw, is it $2000 which you can take cash out of a country when you travel by airplane or was it $10,000?
But the fact that bitcoin becomes a gold mine depends entirely on the adoption of people and business so if all people did the same as you and stopped talking about bitcoin then no one else will adopt bitcoin and it will stop of being the gold mine that you describe.
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De Suga09
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August 05, 2017, 01:34:45 AM
 #582

Not really that bitcoin is better than gold,but many people says and also Bilgates says that bitcoin is compared to gold brecause of its price and value that is very high when you trade or transfer it to a money,bitcoin is very usable and easy to use unlike gold that you will cange it to a money before you use it,but in my research that says bitcoin is more usable or rather cryptocurrency.

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August 05, 2017, 02:13:57 AM
 #583

Not really that bitcoin is better than gold,but many people says and also Bilgates says that bitcoin is compared to gold brecause of its price and value that is very high when you trade or transfer it to a money,bitcoin is very usable and easy to use unlike gold that you will cange it to a money before you use it,but in my research that says bitcoin is more usable or rather cryptocurrency.
Yes Bitcoin is more useful than gold because bitcoin offers a fast transaction method than gold that you need to convert first before you use to buy products unlike bitcoins you can buy some products because some store accepting Bitcoin as a payment

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Mbah Djoko
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August 05, 2017, 02:25:42 AM
 #584

I do not think so, and I'm sure gold is still better than bitcoin because gold prices are stable and everyone in this planet can accept bitcoin.

great
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August 05, 2017, 02:28:40 AM
 #585

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.

do you think if doesnt gold bitcoin do create? Gold is the thing that use when money didn't create yet so i think the gold is the mother of all coins.

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DIAH PERMATASARI
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August 05, 2017, 03:58:53 AM
 #586

Yes, bitcoin is better than anything not only gold, Bitcoins cost is day by day increasing. so many investors are ready to buying bitcoins. earlier they invest on gold. But now they are thinking better to buy Bitcoin.

True, bitcoin is the best of gold and the other, maybe they hear bitcoin prices are always up the next day, all do require a second thought for things that will raise his name.
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August 05, 2017, 04:17:20 AM
 #587

For now yes, because bitcoin investment is very profitable and better than any investment including gold. And I'm sure this trend will last for at least the next 5 years.


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August 05, 2017, 05:51:09 AM
 #588

Bitcoin certainly has many important advantages. The first one is limited supply. However, unlike gold, the amount of which can not be increased due to physical limitations, for Bitcoin, this factor is the algorithm written by its creator. While algorithms - at least theoretically - can be changed, market laws remain unchanged. Besides, purchasing power will, it seems, be more stable if the supply responds to market factors.

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August 05, 2017, 05:58:25 AM
 #589

Bitcoin can not be compared to gold. Is that their courses. These are absolutely different in nature things that will function independently of each other. They can influence one another, restrict one another in the market, but each has its own niche in the market. Therefore, neither gold nor the crypto currency completely defeat each other

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August 05, 2017, 06:05:52 AM
 #590

Bitcoin certainly has many important advantages. The first one is limited supply. However, unlike gold, the amount of which can not be increased due to physical limitations, for Bitcoin, this factor is the algorithm written by its creator. While algorithms - at least theoretically - can be changed, market laws remain unchanged. Besides, purchasing power will, it seems, be more stable if the supply responds to market factors.

I agree with you.  Plus the fact that it is easy for everyone to have a share of bitcoins unlike gold where you have to really invest or buy part of it.  Though we cannot deny the fact that gold has already make its name and has been tried and tested as a good investment.  It is easy for people like us to have an investment and thanks to bitcoin because now it seems fair for everyone.
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August 05, 2017, 08:21:50 AM
 #591

Bitcoin can not be compared to gold. Is that their courses. These are absolutely different in nature things that will function independently of each other. They can influence one another, restrict one another in the market, but each has its own niche in the market. Therefore, neither gold nor the crypto currency completely defeat each other
There is only one that will defeat gold in terms of investment and that is bitcoin because bitcoin is one of the greatest investment as of now because its price is having a rapid growth which most of the investors enjoy because they can easily make profits within a few months up to 20% or more than that.

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August 05, 2017, 08:35:18 AM
 #592

Bitcoin can not be compared to gold. Is that their courses. These are absolutely different in nature things that will function independently of each other. They can influence one another, restrict one another in the market, but each has its own niche in the market. Therefore, neither gold nor the crypto currency completely defeat each other
There is only one that will defeat gold in terms of investment and that is bitcoin because bitcoin is one of the greatest investment as of now because its price is having a rapid growth which most of the investors enjoy because they can easily make profits within a few months up to 20% or more than that.
Yeah, it can. However, I would not say it is the only one. There are many assets that could overcome gold in the long run, and shares from technology companies are, in my opinion, one of the best investments.
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August 05, 2017, 08:36:02 AM
 #593

But as for me, gold is still more reliable. We do not know what the future will be for crypto currency. But gold is practically an eternal currency, for all times and countries.
If you want stable investment guarantees, then it's better to choose gold. But at the moment, bitcoin is more profitable.

This is a sensible take, and it's why it makes sense to diversify one's portfolio into both (among other things). I think that Bitcoin may very well be superior to gold; it's portable, divisible, easily transmittable. It's much more liquid than gold in terms of decentralized trade. In time, it could certainly compete with gold in terms of store of value. But as you point out, this is all very speculative for now.
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August 05, 2017, 09:08:32 AM
 #594

So Bitcoin is better than Gold? Roll Eyes
In my opinion not so gold is still better because gold is precious metal, and easy to sell it anywhere online or offline, if bitcoin only via online.emas and bitcoin there are shortcomings and advantages
For the long term gold may be better than any investment, but we should think to look for faster profits, and bitcoin is a good choice than gold.
I think for the matter of fast profits you can rely on bitcoin, for example today a few days ago the price is still around $ 2500 and now the price has reached $ 3000 in various markets around the world. You get high profits in just a few days, I think for a profit problem in the short-run bitcoin wins

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August 05, 2017, 10:32:11 AM
 #595

So Bitcoin is better than Gold? Roll Eyes

Why compare this two? Each of them has unique ways and importance. But being practical, for me bitcoin is better than gold. Why? I can surely get bitcoin in different ways online. Hiw about gold? We can only get gold through mining abd how sure we are that there are lots pf gold in that particular place? Mining can also somewhat harm people around the mining area. Right? Yes bitcoin price goes up and worst down. But the important thing is it goes up. Why to convert your bitcoin if it is low price? (Except for emegerncies). I am also looking forward that in the future bitcoin price will be greater than the gold's price.

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August 05, 2017, 05:57:43 PM
 #596

Bitcoin better than gold in terms of achieving short term gains. My trick to can invest in gold is, trading bitcoin and profit i use to buy gold.
Bitcoins are far better than gold. Gold has same price for over last many years. Bitcoins have touched sky for many times in the few years. They can make you rich within no time. Gold is not making its investors rich in short times. It can somehow be chosen for long term investments.
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August 05, 2017, 07:10:42 PM
 #597

For now, bitcoin is better than gold. Even the price of gold today slumped due to the policy of The Fed. Bitcoin is more lustrous than gold in terms profits in investing. Perhaps gold investors have also started to shift their view toward bitcoin.
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August 05, 2017, 07:14:54 PM
 #598

Not really that bitcoin is better than gold,but many people says and also Bilgates says that bitcoin is compared to gold brecause of its price and value that is very high when you trade or transfer it to a money,bitcoin is very usable and easy to use unlike gold that you will cange it to a money before you use it,but in my research that says bitcoin is more usable or rather cryptocurrency.
i think different people have different people about bitcoin. for be bitcoin is too much better that gold in the sense that bitcoin can give us a good proft that is not possible from gold  but gold is also good in the sense that we can keep safe our assets for a long time.
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August 05, 2017, 08:12:35 PM
 #599

Not really that bitcoin is better than gold,but many people says and also Bilgates says that bitcoin is compared to gold brecause of its price and value that is very high when you trade or transfer it to a money,bitcoin is very usable and easy to use unlike gold that you will cange it to a money before you use it,but in my research that says bitcoin is more usable or rather cryptocurrency.
i think different people have different people about bitcoin. for be bitcoin is too much better that gold in the sense that bitcoin can give us a good proft that is not possible from gold  but gold is also good in the sense that we can keep safe our assets for a long time.

I never considered gold as an investment object. This is a slow increase for me. I can earn hundreds of times more in a week of trading in crypto currency than when trading in gold

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August 05, 2017, 11:24:32 PM
 #600

So Bitcoin is better than Gold? Roll Eyes
In my opinion not so gold is still better because gold is precious metal, and easy to sell it anywhere online or offline, if bitcoin only via online.emas and bitcoin there are shortcomings and advantages
For the long term gold may be better than any investment, but we should think to look for faster profits, and bitcoin is a good choice than gold.
I think for long term bitcoin is also quite promising. How can not the potential of bitcoin be so great, with so many people coming in as they are all interested in bitcoin, and there will continue to be somebody who adopts bitcoin from day to day and it will make the future bitcoin brighter, I think long term investments in bitcoin are also in Guaranteed because of it

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