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Author Topic: So Bitcoin is better than Gold?  (Read 52914 times)
Kevindb87
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August 29, 2017, 03:12:58 PM
 #901

Some argue that these two types have a symbiotic relationship, when gold banks apply Blockchain  technology  and how it can improve the capacity of gold and the level of responsibility. Likewise, Bitcoin  users  have been creating bits of gold and silver with  Bitcoin . Some argue that if  Bitcoin  fails at midrange because of scalability issues, it can still succeed at digital stores with a value - that is 'gold'. skull'.
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August 29, 2017, 03:13:35 PM
 #902

"We see a lot of interesting models that  Bitcoins  and Gold are independent of each other," BitStamp CEO Nejc Kodrič said.  "If you look at both graphs, whenever gold goes up and  Bitcoin  decreases, Bitstamp them. I saw the amount of  Bitcoin  increase. People sell  Bitcoin  to buy gold. The reason for this, those people still look to gold as the oldest form of value. Gold is still a safe gateway for many Bitcoin users  . We are seeing more and more people realizing the complementarity between gold and  Bitcoin . " Bitstamp allows customers to receive gold when selling  Bitcoin .

We don't even need to compare bitcoin with gold. All peope try to load that weird mission into bitcoin so that they expect bitcoin to surpass gold. We should think them seperately, their natures are different, the usage is also different without any relationship.
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August 29, 2017, 03:15:24 PM
 #903

Gold and silver are turtles, while  Bitcoins  are rabbits. This money grows as fast as new technology. In general,  Bitcoin , gold and silver are fighting on the same battlefield, and  Bitcoin  will use a lot of firepower.
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August 29, 2017, 03:24:01 PM
 #904

Gold and silver are turtles, while  Bitcoins  are rabbits. This money grows as fast as new technology. In general,  Bitcoin , gold and silver are fighting on the same battlefield, and  Bitcoin  will use a lot of firepower.
yes indeed but although we likened that gold or silver a turtle turtle. but both are definitely going up in price and demand is not small. Gold or bitcoin has its own uses and advantages
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August 29, 2017, 03:24:42 PM
 #905

After several peak times in value in the past half year, Bitcoin is worth nearly three times as much gold as the world's most popular reserve asset. Increasing Bitcoin prices show that virtual property is becoming more and more valuable to professional investors.
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August 29, 2017, 03:27:46 PM
 #906

The bitcoin vs gold debate has raged on in investment circles since bitcoin has entered mainstream discussion among increasingly interested investors. Gold has been used as a form of currency and trade for thousands of years, and certainly has a track record for reliability and preservation of wealth. However, as the newcomer onto the scene, bitcoin may be the kind of financial and technological breakthrough to to challenge gold as the monetary kingpin.
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August 29, 2017, 03:31:49 PM
 #907

After several peak times in value in the past half year, Bitcoin is worth nearly three times as much gold as the world's most popular reserve asset.

Nope. From where you got these figures? They are very surprising. Let's check the facts.

Market cap of gold: $7,000 billion
Market cap of Bitcoin: $75 billion

As you can see, the total worth of gold is around 100 times that of Bitcoin.

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minizi99
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August 29, 2017, 03:36:41 PM
 #908

While the price of bitcoin is growing too fast, bringing a big profit, it is better than gold. But when its price becomes stable - it will lose its value and significantly fall in price.
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August 29, 2017, 04:12:39 PM
 #909

if this thing would be true then I will be glad more than anyone else. but I think Gold is still popular and more acceptable rather than Bitcoin. Gold has been used since primitive age but Bitcoin is the tool which is created in the recent time. but people have a belief on the gold regarding saving and investment.
on the other hand, Bitcoin hasn't reached yet at every corner of the world. that is why Bitcoin is not available on the whole around the world. so i think Gold is still better than gold.
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August 29, 2017, 04:16:42 PM
 #910

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.
Yes you are right bitcoin is better than gold.Because if you invest bitcoin you can make good interest.day by day the popularity is increasing.There are many ways for bitcoin investment.Trading is good way is bitcoin investment.In a shot time can make good money form trading.But when you invest gold you need to much time for interest.
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August 29, 2017, 06:31:23 PM
 #911

Yes Bitcoin is really better than Gold.Because base on my research bitcoin has the highest in terms of value,durability,safety,and more.And also bitcoin is getting higher and higher because of users,from 50kpesos in few months it became 200k pesos,that is very awesome howmuch more when the number of users increase the amount and value of bitcoin will be very high.Thats why bitcoin is better.

All the advantages possessed by bitcoin is very interesting to us to try,,
 this is very positive impact on the number of users ,, and the surge of users is very terlohat in this year
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August 31, 2017, 07:13:08 AM
 #912

Mostly, the gold is used as a decoration. People like to wear gold necklace or ring~
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September 01, 2017, 04:31:14 AM
 #913

Positive and also more valuable in future

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September 01, 2017, 04:46:57 AM
 #914

So Bitcoin is better than Gold? Roll Eyes
Yup, in terms of availability or quantity, the bitcoin is much more than gold, also getting gold is very hard to find because it is rare, but it is also a high value due to its rare. but this golds can be untrusted if you have alot of it without asking your buyer where it came from, but on the other hand, this gives us a representative or other products that is almost equal to gold, if it can. but we can transfer and give to other users without tax and just for an instant.Cheesy Cheesy
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September 01, 2017, 04:55:14 AM
 #915

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.
Yes you are right bitcoin is better than gold.Because if you invest bitcoin you can make good interest.day by day the popularity is increasing.There are many ways for bitcoin investment.Trading is good way is bitcoin investment.In a shot time can make good money form trading.But when you invest gold you need to much time for interest.
besides the value increment range between bitcoin gold and bitcoin recently are so clear explain how good and promising bitcoin it is for your future investment , gold didn't protect you from inflation where in bitcoin it's protected. bitcoin easy to transfered where gold aren't . if people really uses their own brain to compare both of these they would know which one beneficial and better.

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September 01, 2017, 05:37:25 AM
 #916

With gold is usually unlikely to make big gains, but its inherent risk is almost nil. That's why it's always a good idea to have some as an hedge against more risky investments -BTC included.
I like to keep accumulating some ounces after major pumps in BTC price, just to sleep well.
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September 01, 2017, 06:11:24 AM
 #917

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.
Yes you are right bitcoin is better than gold.Because if you invest bitcoin you can make good interest.day by day the popularity is increasing.There are many ways for bitcoin investment.Trading is good way is bitcoin investment.In a shot time can make good money form trading.But when you invest gold you need to much time for interest.
besides the value increment range between bitcoin gold and bitcoin recently are so clear explain how good and promising bitcoin it is for your future investment , gold didn't protect you from inflation where in bitcoin it's protected. bitcoin easy to transfered where gold aren't . if people really uses their own brain to compare both of these they would know which one beneficial and better.
yeah bitcoin has many functions compared to gold, bitcoin can be used as the currency online and offline, while gold can not be used as currency, investing in bitcoin also has great potential as is expected by many people but gold also has many advantages that are also superior to bitcoin, such as security from fluctuations, guaranteed investment, etc

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September 01, 2017, 06:19:55 AM
Last edit: September 01, 2017, 08:33:46 AM by Rhaizan
 #918

Bitcoin ,currency ,gold ,diamonds etc all have different advantages and disadvantages .Gold has a solid global value as compare to bitcoin .Gold is easily converted into cash ,however the same cannot be said about bitcoin.

Gold is easily to convert into cash, bitcoin also easily to convert, but the difference is bitcoin can increase anytime and sad to say the price can be down also anytime. Bitcoin and gold are same important so i think we don't need to compare.

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September 01, 2017, 06:27:01 AM
 #919

So Bitcoin is better than Gold? Roll Eyes

there is nothing to argue with this debate. its so friggin obvious that bitcoin has one won the contest. bitcoin is a hell lot better than gold or any forms of money or currency,  simply because bitcoin is awesome and can do amazing things that one can imagine like faster and anonymous transaction across in any country and it can also act as payment systems to any forms of services like stores or establishments and the best thing of bitcoin is that you can earn money of it and there are many ways to get it like mining, faucets etc.

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September 01, 2017, 06:33:34 AM
 #920


I do not think there is a better comparison comparison, both of which have different advantages.
in the real world gold is a long term investment, in the world crypto bitcoin is the best.
so both have their own advantages.

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