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Author Topic: So Bitcoin is better than Gold?  (Read 52914 times)
Sithara007
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August 13, 2017, 06:17:14 AM
 #701

Gold has given around 12% ROI since the start of 2017, while Bitcoin has given close to 300% returns. I used to favor gold over Bitcoin until now. But I can no longer afford to do that. Bitcoin may be risky, but anyone refusing to invest in it is a fool.

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August 13, 2017, 06:19:27 AM
 #702

So Bitcoin is better than Gold? Roll Eyes

In terms of making money, yes, bitcoin is much better than gold. Look at how the price is turning into a jet. We are already playing in the $4000 figure. Gold's price is rather static most of the time. Bitcoin is very fast moving higher.
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August 13, 2017, 06:19:42 AM
 #703

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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August 13, 2017, 07:14:32 AM
 #704

Bitcoin is better than gold for sure because there is no investment gold or any commodity will give more than 3x profit may be in future once bitcoin completely stable then it can compare to gold till that it is way to moon atleast 2x returns we can expect
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August 13, 2017, 12:01:40 PM
 #705

Based on performance this year, bitcoin is way better than gold. Even in the coming years, bitcoin's rise will be exponential
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August 13, 2017, 12:27:06 PM
 #706

Bitcoin is for me better than gold just because of a easiness of transaction point of view. You could buy and sell bitcoins a dozen time a day, while with gold, good luck !
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August 13, 2017, 12:41:38 PM
 #707

I think bitcoin is better than gold because Wherever you are, you always have access to your savings over the Internet or mobile. Bitcoin is also easy to transact, either transferring or receiving other than that bitcoin also Easy to verify the transaction, More practical and more secure
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August 13, 2017, 01:12:25 PM
 #708

I think same . but bitcoin is totaly useful than gold . because in bitcoin  if uwant money just withdraw  to buy something that u want bitcoin is better than gold becuase many people use this and many people have a bitcoin than gold.
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August 13, 2017, 01:29:02 PM
 #709

I think same . but bitcoin is totaly useful than gold . because in bitcoin  if uwant money just withdraw  to buy something that u want bitcoin is better than gold becuase many people use this and many people have a bitcoin than gold.

I beg to differ, Bitcoin is great and doing great but it is in no way useful than gold. Don't exaggerate please, we are all hopeful of a better future with Bitcoin but we shouldn't easily ridicule the importance of gold because its used almost in every manufacturing company be it electrical, electronics, medical, jewelry etc.
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August 13, 2017, 06:59:22 PM
 #710

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.
Bitcoins is better than gold not only in terms of price but in many other ways, for instance security and anonymity. It is fact, bitcoin prices are growing continuously and nobody can deny this. The end of Segwit proposal will definitely increase the bitcoin value even more and in future it can touch $4000.

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August 13, 2017, 07:28:44 PM
 #711

gold is not used for storing value anymore. 78% of all gold is used for producing products.
Storing of value is done in IOUs

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August 13, 2017, 07:34:09 PM
 #712

Gold and bitcoin are different things. Gold is real and used for many jewelries, both store values and is good in case of crisis.

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August 13, 2017, 08:21:18 PM
 #713

I think bitcoin is better than gold because Wherever you are, you always have access to your savings over the Internet or mobile. Bitcoin is also easy to transact, either transferring or receiving other than that bitcoin also Easy to verify the transaction, More practical and more secure
yes i also think that bitcoin is better that gold. although gold is also too much good, because gold has a very stable price but i think the only way fro which we consider bitcoin as good than gold is that bitcoin can give us a good profit that we do not expect from any other business.
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August 13, 2017, 08:59:45 PM
 #714

So Bitcoin is better than Gold? Roll Eyes

For me, just for now bitcoin is better than gold. First, bitcoin is more convenient to have, it is safer to keep. Secondly, bitcoin's price is to volatile compared to gold, bitcoin price can even max out up to 10x faster compared to gold. Lastly, transactions through bitcoin is easier, whenever you need to sell or buy it, it will only take minutes compared when buying or selling gold.

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August 13, 2017, 09:59:45 PM
 #715

Yeah, for me Bitcoin is better. Just imagine how much it would be painful to transact for a big amount worth of fiat money in gold ? Using Bitcoin it is a lot more easier.
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August 13, 2017, 10:16:39 PM
 #716

Bitcoin, as a long term investment has big potential, even bigger than gold IMO, but the volatility is the hardest thing to deal with, I mean, although gold is volatile itself but the rate of change is slower compared to bitcoin, which can gain ~10% or lose the same value in a day, which is a very dangerous investment IMO.
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August 13, 2017, 10:19:44 PM
 #717

So Bitcoin is better than Gold? Roll Eyes

In terms of making money, yes, bitcoin is much better than gold. Look at how the price is turning into a jet. We are already playing in the $4000 figure. Gold's price is rather static most of the time. Bitcoin is very fast moving higher.
Actually I did not expect the price of bitcoin to be this high, this proves that the development of bitcoin is very rapid compared to gold. The rise in bitcoin prices is very significant. I'm sure there are many people who have become rich because of bitcoin at the moment. So I think if you want rich with instant, better choose bitcoin for your investment

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August 13, 2017, 10:38:08 PM
 #718

I think bitcoin is not better that gold but is is a very helpful thing for us to invest a gold. Bitcoin is an expensive electronic money so we can use it to gain money and riches here on earth. Like as gold it is helpful for us to use our bitcoin and investments wisely and productively as gold. Bitcoin is a wise thing to use as gold.

For me i will choose gold, Gold you can sell it in a big amount it can help you build a business of house. So that you will be an rich person if you have a gold. In bitcoin it is only a cryptocurrency that can help you also when you don't have money. But many people also invest bitcoin and some of them are they are rich.

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August 14, 2017, 12:04:55 AM
 #719

I find that gold and Bitcoin are actually somewhat complementary – that one’s strengths are the other’s weaknesses, and vice versa. This suggests that gold and Bitcoin together might have some role in our future. It's common to see Bitcoin even represented visually as a sort of gold coin.
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August 14, 2017, 12:19:14 AM
 #720

So Bitcoin is better than Gold? Roll Eyes

In terms of making money, yes, bitcoin is much better than gold. Look at how the price is turning into a jet. We are already playing in the $4000 figure. Gold's price is rather static most of the time. Bitcoin is very fast moving higher.
Seeing significantly increased bitcoin price changes from the bitcoin market, it proves just how fluctuating the bitcoin price might be for short-term profit issues, many people would choose bitcoin because it is very profitable. But for investment security issues. I think gold is safer because it has no fluctuations

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