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Author Topic: So Bitcoin is better than Gold?  (Read 52914 times)
Eugenar
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September 01, 2017, 07:02:47 AM
 #921

So Bitcoin is better than Gold? Roll Eyes
There are aspects wherein Bitcoin is better but there are also aspects that shows Gold is better as an investment. In my opinion, Gold is better. Indeed, the profit that the investors are earning from Bitcoin especially as of this moment is big. But the question is, until when? Unlike Bitcoin, Gold has a physical market value and has a more stable market price because it is used in most of the countries, which also means that the profit is stable. Bitcoin is volatile so the profit won't always be high. But the plus points in Bitcoin is that it is decentralized, also, faster and less charges in transactions.



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September 01, 2017, 09:42:04 AM
 #922


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.

I also share the same thought whenever I see these kind of topics.
Why compare them right? because it seems to me that they complement each other;they fill out each other's weaknesses. And besides, the premise is wrong in the first place since bitcoin is intangible and gold is not.

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September 01, 2017, 09:52:05 AM
 #923


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.

I also share the same thought whenever I see these kind of topics.
Why compare them right? because it seems to me that they complement each other;they fill out each other's weaknesses. And besides, the premise is wrong in the first place since bitcoin is intangible and gold is not.
Both gold and btc were worth keepin. Btc value increases in time same with gold value is good for long term investment. Having btc and gold can help us a lot in the future.

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September 01, 2017, 09:56:23 AM
 #924

So Bitcoin is better than Gold? Roll Eyes
Bitcoin is no way better than gold, its just competing with gold in the market and nothing more. Though its more portable than gold, it is not acceptable as gold, gold can change your life instantly, bitcoin would take time

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September 01, 2017, 08:47:28 PM
 #925

You could say that, bitcoin is now better than gold. Many say because bitcoin value is much better than gold, I personally rate bitcoin is very good bitcoin movement is quite challenging, I think gold investors will definitely switch to bitcoin.
I also consider BTCs better than gold in all prospects. It's good to hold gold but BTCs are far ahead than it in aspect of profits, transactions, security, safety, anonymity and freedom of control. It does not have a physical form and that's the best part not only about BTCs but other digital currencies also.

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September 01, 2017, 09:12:14 PM
 #926

if I am a bitcoin better than gold, because from bitcoin I can have everything, if we want to have gold to use capital, another with bitcoin without capital we can start everything !!
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September 01, 2017, 09:42:25 PM
 #927

if I am a bitcoin better than gold, because from bitcoin I can have everything, if we want to have gold to use capital, another with bitcoin without capital we can start everything !!

without capital? I think bitcoin need capital is also due to get bitcoin very difficult not everyone was able to get his
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September 01, 2017, 10:05:37 PM
 #928

If you choose to invest in a short time then bitcoin is much more profitable. But if you have a longer time then gold is a much safer investment. It all depends on the condition, because there is no perfect thing in this world.
I agree to you.
The bitcoin is the one who are looking for a short term but it can also be good for long term. We don't know what will happen to btc in the coming years.
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September 01, 2017, 10:59:42 PM
 #929

so true. bitcoins better than gold. if you look at the price comparison of bitcoin and gold .. bitcoin is more fluctuating than gold. gold just rose slightly. not fluctuating so that the gain is easier to get bitcoin. although bitcoins are digital and gold is an object .. bitcoins are easier to store than gold. If you have a lot of gold then you need lots of places to put your gold. bitcoin just need an online wallet .. you can take it anywhere. bitcoin can also be accepted as a means of payment. in certain stores or companies.

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September 01, 2017, 11:07:11 PM
 #930

so true. bitcoins better than gold. if you look at the price comparison of bitcoin and gold .. bitcoin is more fluctuating than gold. gold just rose slightly. not fluctuating so that the gain is easier to get bitcoin. although bitcoins are digital and gold is an object .. bitcoins are easier to store than gold. If you have a lot of gold then you need lots of places to put your gold. bitcoin just need an online wallet .. you can take it anywhere. bitcoin can also be accepted as a means of payment. in certain stores or companies.
Great comparison and your points of comparing those two are correct because bitcoin is a much better investment than gold in terms of profitability and also in being convenient for storing bitcoin and gold. In bitcoin a good hardware wallet or paper wallet is enough to secure your bitcoin, i don't recommend online wallet since they are prone for cyber attacks so it is better to provide yourself a hardware wallet.

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September 01, 2017, 11:18:40 PM
 #931

Technology can and will innovate anything. It has innovated our methods of travel. It has innovated our food and water.

Certainly technology can innovate on Gold. Bitcoin is a supremely flexible store of value and performs to the efficiency and security of a Swiss (Army) bank.

Because obtaining Bitcoin is a digital gold rush in a sense it only makes sense that the price will go up. People don't need to go mine or hunt for Gold - they can just secure it digitally, by purchasing it with Fiat currency, mining it or earning it.

Combined with all of the benefits in OP, Bitcoin is essentially an inflation proof store of value that is secure and anonymous.  Cool Best of all it is legal!

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September 01, 2017, 11:19:32 PM
 #932

True bitcoin is much better than gold and also safer when compared to gold, through investing in bitcoin your money in a very profitable and incremental way for a while at least because bitcoin prices increase day by day.
For me bitcoin is better than gold.
I am not agree with your point of view because for me bitcoin is much better than gold the price of the bitcoin is very high and it is still growing and other thing that if you will keep your bitcoin in a hardware wallet you can keep your bitcoin secure for life time but in gold you cannot keep it for so long because any one anytime can steal it from you and you cannot carry your gold along with you outside it can going to be snatched by the street robbers but bitcoin is your property that no one can ever snatch from you ever.
you're reaching so hard it's unbelievable; first off, there's been numerous accounts and stories of bitcoin theft, you can just Google it and we at least 20 separate, major cases. secondly, you cannot simply compare gold, an asset with a history of stability and growth, with bitcoin, an extremely new idea with a history of volatility.

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September 01, 2017, 11:47:05 PM
 #933

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.
Let me cover the rest of the topic; hope you don't mind me doing so.
How can you forget about mentioning the difference in the rates at which the price of gold and bitcoins grow up? This is actually the biggest advantage BTCs has over gold. In a digital world, digital gold will obviously rule over physical gold.


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iluvpie60
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September 02, 2017, 12:33:01 AM
 #934

So Bitcoin is better than Gold? Roll Eyes

Is it better than Gold!!! WHAT~~~ OF COURSE...

Bitcoin is public, provable transactions, secure transaction history that cannot be reversed and many other things.

Gold cannot do any of that. Gold is sitting in a location somewhere and at best can only be bought and sold at a select few places online and actually used to buy something but with a much larger fee. Too much of a hassle.



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deppil
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September 02, 2017, 01:14:21 AM
 #935

True bitcoin is much better than gold and also safer when compared to gold, through investing in bitcoin your money in a very profitable and incremental way for a while at least because bitcoin prices increase day by day.
For me bitcoin is better than gold.
I am not agree with your point of view because for me bitcoin is much better than gold the price of the bitcoin is very high and it is still growing and other thing that if you will keep your bitcoin in a hardware wallet you can keep your bitcoin secure for life time but in gold you cannot keep it for so long because any one anytime can steal it from you and you cannot carry your gold along with you outside it can going to be snatched by the street robbers but bitcoin is your property that no one can ever snatch from you ever.
you're reaching so hard it's unbelievable; first off, there's been numerous accounts and stories of bitcoin theft, you can just Google it and we at least 20 separate, major cases. secondly, you cannot simply compare gold, an asset with a history of stability and growth, with bitcoin, an extremely new idea with a history of volatility.
thats true, i think we can not directly compare bitcoin with gold. after all both have different advantages respectively. just because gold is stable you can not say that bad gold and bitcoin are better, because this is just about one's people view

CoinChili
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September 02, 2017, 01:46:50 AM
 #936

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







Lol, very well interpreted Lauda, looks like Financial institutions is now very much aware of what can bitcoin do, I remember our company are considering blockchain technology with their business.
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September 02, 2017, 02:37:26 AM
 #937

I think yes bitcoin is better than gold now. The value of bitcoin is often raise up than gold. The value of gold is stable relative. So, for investment bitcoin is much better than gold.
I agree with you man. Bitcoin for now is much better than gold becuase bitcoin is useful compared to gold and the value of bitcoin get strong to pumping up day by day .  and bitcoin can use to financial needs like paying debt or paying bills  so i thin bitcoin is much better and useful.
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September 02, 2017, 03:35:06 AM
 #938

Yes bitcoin is better than gold, because bitcoin is gives opportunity to invest and easy to earn. Most of people believe in bitcoin because its trusted and profitable. While gold is not be used in terms of payment. Bitcoin can be used in online transactions. Bitcoin is better in investment than gold. Bitcoin is better than gold because still bitcoin has many advantages it pays no interest, it can be stored for a long period of time.

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September 02, 2017, 07:25:13 AM
 #939

Yes bitcoin is better than Gold. Because Gold is an assets but bitcoin is a currency. Gold is rare but bitcoin is very very rare. Bitcoin price increase day by day but gold is not. So i Think bitcoin is better than gold.
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September 02, 2017, 07:44:29 AM
 #940

Yes bitcoin is better than gold, because bitcoin is gives opportunity to invest and easy to earn. Most of people believe in bitcoin because its trusted and profitable. While gold is not be used in terms of payment. Bitcoin can be used in online transactions. Bitcoin is better in investment than gold. Bitcoin is better than gold because still bitcoin has many advantages it pays no interest, it can be stored for a long period of time.
I do think like you. Bitcoin will be easy to invest than gold. We won't afraid to lost because Bitcoin is on the internet. For sure that Bitcoin will increase powerfully in the future. Therefore, between gold and Bitcoin, I will choose Bitcoin.


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