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Author Topic: So Bitcoin is better than Gold?  (Read 48454 times)
ladydark
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August 27, 2017, 03:39:53 PM

So Bitcoin is better than Gold? Roll Eyes
Bitcoin is better than gold in many aspects.It gives very huge returns in a small duration of time which could not be expected with gold.Gold could not be easily transferred to other parts but bitcoins could be done easily.We could even buy any products with bitcoins if needed but we could not do so with gold.We could easily store bitcoins even in our pen drive.But gold could not be saved like that.

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totaleclipseofthebank
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August 27, 2017, 06:15:30 PM

So Bitcoin is better than Gold? Roll Eyes
Bitcoin is better than gold in many aspects.It gives very huge returns in a small duration of time which could not be expected with gold.Gold could not be easily transferred to other parts but bitcoins could be done easily.We could even buy any products with bitcoins if needed but we could not do so with gold.We could easily store bitcoins even in our pen drive.But gold could not be saved like that.
that is correct. Gold can not compete with bitcoin anymore. Although the pricce of bitcoin is not stable, it always increases and give profit to the uesrs. Therefore, people love bitcoin than gold. Only people who do not know about technology hate bitcoin

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nicosey
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August 27, 2017, 06:27:19 PM

Gold can not be used for settlement.  SDRs were mentioned by never materialised.  Bitcoin has a chance.

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August 27, 2017, 07:12:45 PM

Yes, for my economy condition. bitcoin is better in terms profit than gold. Bitcoin deserves to be prime choice in investing. because it gives a greater gain.

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August 27, 2017, 07:32:24 PM

So Bitcoin is better than Gold? Roll Eyes
Bitcoin is better than gold in many aspects.It gives very huge returns in a small duration of time which could not be expected with gold.Gold could not be easily transferred to other parts but bitcoins could be done easily.We could even buy any products with bitcoins if needed but we could not do so with gold.We could easily store bitcoins even in our pen drive.But gold could not be saved like that.
that is correct. Gold can not compete with bitcoin anymore. Although the pricce of bitcoin is not stable, it always increases and give profit to the uesrs. Therefore, people love bitcoin than gold. Only people who do not know about technology hate bitcoin
Oh, if you have a decisive choose Gold or Bitcoin for keep safe your money in 10-30 years, what is the asset you will choose? I hope you do not reply me your choice is Bitcoin, because really you like crazy fan of Bitcoin Grin
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August 27, 2017, 07:55:14 PM

So Bitcoin is better than Gold? Roll Eyes

Bitcoin is better than Gold in many aspect. First is the portability. You cannot easily transport a bag of gold that is worth $1M compared to $1M worth of Bitcoin. Bitcoin can go from place to place with just a push of a button unlike golds where you have to carry loads of them. Next is divisibility, you cannot divide gold easily but Bitcoin can be divided into 100M satoshi. Security. Bitcoin is much secured than Gold. Thief can easily snatch the gold out of your hand while Bitcoins are encrypted with private keys. There are many more aspect but these are the top ones.

Ewinsane
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August 27, 2017, 08:23:17 PM

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

[im g]http://www.dugcampbell.com/wp-content/uploads/2014/12/Traits-of-Money.png[/img]

[im g width=1200]https://getabitcoin.files.wordpress.com/2014/04/goldvsbitcoinvsdollar.png[/img]



This is a great post!! I was going to come on here and be like - "I like this debate of gold vs. bitcoin, but bitcoin is finite and increases its volume at a decreasing rate. Two characteristics that gold does not have." <-- relevant points I know, but a picture says a thousand words. Well done Smiley
I enjoyed the picture also. Bitcoin is finite so is the gold. Why I vote bitcoins against gold is the rate at which its price fluctuates. The price tends to increase more than decrease. It excites me and keeps me in the business. Also, gold is not decentralized nor his owners are anonymous.

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August 28, 2017, 02:15:40 PM

It may be better than gold, but the future may not be as good as gold. Gold is jewelry that does not have to compete with anything but BTC have to compete with many altcoin. So can not be anything at the present time.

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August 28, 2017, 03:05:01 PM

As of today, YES it is better than gold. However, bitcoin is not stable and will not last forever, gold has a stable increase and bitcoin is very volatile. But considering the price, bitcoin had already beaten gold and might even go higher. It is better to invest in bitcoin today than investing on gold. The volatility of bitcoin can be of great use especially for traders.

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August 28, 2017, 03:46:13 PM

As of today, YES it is better than gold. However, bitcoin is not stable and will not last forever, gold has a stable increase and bitcoin is very volatile. But considering the price, bitcoin had already beaten gold and might even go higher. It is better to invest in bitcoin today than investing on gold. The volatility of bitcoin can be of great use especially for traders.

Currently bitcoin is unstable, but opinions about bitcoin will not last forever is wrong, if bitcoin is destroyed then all altcoin will follow, in my opinion, bitcoin is the only universal currency that survives in the future because everything has been closed digitally. The potential and complexity level of Bitcoin is far away from gold, and risk understanding is the main force of community to continue to be optimistic with bitcoin.

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Herbet Fry
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August 28, 2017, 04:13:26 PM

You can't send payment with gold in under an hour like you can with bitcoin, well you can but you have to ship it and it will take weeks.  Roll Eyes
One of the many advantages. Plus gold is so oldschool. This is 2017 not the 1600's.

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August 28, 2017, 04:43:31 PM

Bitcoin is computerized.noone can take it from you.and the price of bitcoin is so high.The other hand, gold is physical. it can not be used for any perpose of any time.people can take it from you.so,i think bitcoin is better than gold.
I bet hackers can take it from us if we have not taken some necessary steps in order to secure our wallets. It is very easy to secure your wallets. Bitcoin do not play with the safety of its holder痴 life by keeping him anonymous while gold poses a great threat to its owner. Also, gold cannot be used as a currency like bitcoins and it痴 not even decentralized. The price rises at a very slow rate.

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August 28, 2017, 04:51:50 PM

It's fair to say that not only is bitcoin hitting record highs, but the market is extremely volatile. Many people have made speculative investments in the currency, with no upper limit to the price of a "coin" in sight. This is not the same on regulated markets, exchange or Gold.

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August 28, 2017, 05:02:15 PM

So Bitcoin is better than Gold? Roll Eyes
Well, I think bitcoin is better than gold and as of now the price of bitcoin become more expensive. In addition to that, the price of bitcoin is stil not stable but I think the price of bitcoin will increase in the future and it will survive in the future like gold. Lastly, I guess both of them has advantages and disadvantages.

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August 28, 2017, 05:05:02 PM

I think yes. Because in this generation, Bitcoin is a precious asset. By this, we can transection in over the world. The price of it will increase till our planet alive. The market price of bitcoin is more large than gold. So obviously we can say that Bitcoin is better than gold.

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August 28, 2017, 05:09:34 PM

Bitcoin obviously has a lot of different properties than gold, and is in many ways better than gold.

Or, at the very least, you could say it's similar to gold (in terms of value).

Perhaps someday, in the not so distant future, people will be happy to get a few mBTC to store their family's wealth.


Is it true ? I think people are still more confident in gold. although its use is still less efficient than bitcoin. gold is one very good asset to store wealth, even the government also better suggest gold.


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August 28, 2017, 05:29:16 PM

Bitcoin obviously has a lot of different properties than gold, and is in many ways better than gold.

Or, at the very least, you could say it's similar to gold (in terms of value).

Perhaps someday, in the not so distant future, people will be happy to get a few mBTC to store their family's wealth.


Is it true ? I think people are still more confident in gold. although its use is still less efficient than bitcoin. gold is one very good asset to store wealth, even the government also better suggest gold.

I don't see the need for the comparisons  here, they both have their pros and cons and Bitcoin is slightly having an edge because it's an online currency and can do more than gold but gold is tangible and can be safely kept than bitcoins which need internet before you can access them

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August 28, 2017, 05:39:04 PM

Yes right, it seems for now bitcoin is better than gold, I can say so because bitcoin gain rate is very good than gold. I've never gained 10% profit in a month when keep gold, but I can get a profit of up to 20% in just a week with bitcoin.

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August 29, 2017, 04:37:53 AM

Bitcoin is computerized.noone can take it from you.and the price of bitcoin is so high.The other hand, gold is physical. it can not be used for any perpose of any time.people can take it from you.so,i think bitcoin is better than gold.
Bitcoin is better than gold from the thief but bitcoin is not safe for the hacker if they hack the system you money will be taken by them that is the worst thing in online.
Also bitcoin is much higher risk investment than gold that is why for me bitcoin needs to proved more before it dominates the gold.
Bitcoin is a lot easier to secure than gold, you need to hide your gold very well in your home and never forget it or you need to hire expensive services to store your gold, to store bitcoin you only need a piece of paper in the form of a paper wallet and you are good to go.

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cramblimp
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August 29, 2017, 04:41:35 AM

So Bitcoin is better than Gold? Roll Eyes

For me, when I entered the world of bitcoin, I realized that bitcoin is much better than gold. Bitcoin is can earn from internet like online job that they will pay you in bitcoin as your salary.

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