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Author Topic: So Bitcoin is better than Gold?  (Read 52913 times)
onetwostep
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September 02, 2017, 07:48:58 AM
 #941

Bitcoin is better than everything. Not just gold Smiley

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September 02, 2017, 11:33:24 PM
 #942

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.
No doubt bitcoin has more advantages than gold. One cannot use gold in one lineshopping through internet and worldwide, but can spent bitcoin to buy anything he wants through internet and in the local markets. So I think there is no match of gold and bitcoin in today’s life. Other advantage is that gold may be theft or robbed, but there is no fear of these things in holding bitcoin.
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September 03, 2017, 06:43:14 AM
 #943

We cannot compare this 2 together.
Gold - stability, price haven't change for allmost nothing in last few years
Bitcoin - profitabillity, price in higher and higher day by day with small corrections

In my oppinion it is worth to have both.

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September 03, 2017, 08:35:39 AM
 #944

We cannot compare this 2 together.
Gold - stability, price haven't change for allmost nothing in last few years
Bitcoin - profitabillity, price in higher and higher day by day with small corrections

In my oppinion it is worth to have both.
I do not think that gold is a good option right now since we are living the world full of technology. Therefore, holding bitcoin will give us more chance to earn more money and interact with the future sooner than other people. Although the price of gold is stable, people still prefer something which can bring the more money than usual



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September 03, 2017, 08:41:48 AM
 #945

So Bitcoin is better than Gold? Roll Eyes
Yes, because gold can be found within the earth but it will take time, energy and money in doing so. On the other hand, bitcoin which is a cryptocurrency can be acquired through different processes and using only a computer connected to the internet. In terms of security, gold which has a physical form can be easily stolen by robbers armed with deadly weapons which will be used against you. Also when carrying gold, a robber can spot it even when you are just walking. But a robber cannot know you have a large amount of money for bitcoin is within the internet data base.

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September 03, 2017, 09:04:25 AM
 #946

gold can only be for investment, while bitcoin has more functions that is investment and trading, so more profit earned bitcoin than gold  Grin

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September 03, 2017, 12:10:22 PM
 #947

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







This reply literally answer for everything.
just one simple thing.
Melting gold would be a real pain in the a.. xD.
 So  yeah  Bitcoin is by far wayyyyyyyy better..  without thinking about it too much xD
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September 03, 2017, 01:05:58 PM
 #948

gold can only be for investment, while bitcoin has more functions that is investment and trading, so more profit earned bitcoin than gold  Grin

Yes gold is like an asset and investment.  But the thing is you cannot have a gold without spending some money.  Unlike bitcoin, if you do not have it you can always have some of it.  There are many ways to earn bitcoin.  And through your earnings with it you can buy some investment with gold.
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September 03, 2017, 03:10:34 PM
 #949

According to Chief Troll G Maxwell Bitcoin is now unstable and not working as expected since blocks are not full.
Should we be worried that SegWitCoin is going to collapse?Huh
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September 03, 2017, 03:22:31 PM
 #950


if for the value yes i agree the bitcoin is more expensive than gold.
but if we compare either where bitcoin or gold. I do not choose both, because for me the same bitcoin or gold have different values. Both are very useful, but different fission between bitcoin and gold. that's my opinion.

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September 03, 2017, 04:52:51 PM
 #951

gold can only be for investment, while bitcoin has more functions that is investment and trading, so more profit earned bitcoin than gold  Grin
You can use gold for trading lol. Actually, you can use anything you want for trading. Secondly, since the price of bitcoin is too high, many people intend to hold their bitcoin instead of spending it. And if the situation continues, bitcoin will not longer be a currency anymore because the only thing people want is the profit from bitcoin

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September 03, 2017, 04:55:37 PM
 #952

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






It is good to have a visual representation of the cons and pros of each set of the value of Bitcoin, fiat and gold. But for me before we look at the comparison between a two common denominator we should also consider bother differences and the similarities of the the two. We all know that gold is a natural resources and bitcoin is a technological currency as a form of crypto-currency that each has difference between the movement of their value.

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September 03, 2017, 05:01:39 PM
 #953

gold can only be for investment, while bitcoin has more functions that is investment and trading, so more profit earned bitcoin than gold  Grin
You can use gold for trading lol. Actually, you can use anything you want for trading. Secondly, since the price of bitcoin is too high, many people intend to hold their bitcoin instead of spending it. And if the situation continues, bitcoin will not longer be a currency anymore because the only thing people want is the profit from bitcoin

Oh, come on. Not all people only hold bitcoin. I often buy some things via bitcoin, like hosting or some other services! It very useful to buy some things on foreign sites without credit card!
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September 03, 2017, 05:19:50 PM
 #954

gold can only be for investment, while bitcoin has more functions that is investment and trading, so more profit earned bitcoin than gold  Grin
You can use gold for trading lol. Actually, you can use anything you want for trading. Secondly, since the price of bitcoin is too high, many people intend to hold their bitcoin instead of spending it. And if the situation continues, bitcoin will not longer be a currency anymore because the only thing people want is the profit from bitcoin

Oh, come on. Not all people only hold bitcoin. I often buy some things via bitcoin, like hosting or some other services! It very useful to buy some things on foreign sites without credit card!
Even though that's the case, i wish we should all endeavor to hold onto bitcoins and use our normal money to do various things that we will want to do and treat bitcoins sorely as an investment rather than a normal currency for their day to day activities.

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September 03, 2017, 05:24:18 PM
 #955

I prefer bitcoin than gold. You can buy gold with bitcoin  Grin

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September 03, 2017, 05:34:44 PM
 #956


there's also a chance that bitcoin will outgrow gold as far as I can be, but now the bitcoin price is too high today if it is 2020 maybe 25k $ per bitcoin i think

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September 03, 2017, 05:39:18 PM
 #957


there's also a chance that bitcoin will outgrow gold as far as I can be, but now the bitcoin price is too high today if it is 2020 maybe 25k $ per bitcoin i think

Even at $25,000 per coin, the total market capitalization of Bitcoin would be around 1/20th of that of gold. In order to beat gold, Bitcoin needs to climb up to half a billion USD per coin. And this is exactly the value which John McAfee is predicting.

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Yasirmrd
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September 03, 2017, 05:40:58 PM
 #958

I prefer bitcoin than gold. You can buy gold with bitcoin  Grin

Bitcoin is better than gold, there are a lot of reasons to this. The price of bitcoin fluctuate very fast which attract the investors on the other hand the price of gold is stable. Now you can directly pay your bills, purchase different things and send bitcoin to other people but in case of gold you have to convert it to fiat first so bitcoin is doing the job of currency for some people and the job of commodity for others.
slackcryptoz
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September 03, 2017, 05:45:42 PM
 #959

One of the user has described clearly through an image. In that image lot of different features have been discussed and the final outcome is clearly in support to bitcoin. Expect the same to continue for long years as the price pumping keeps on reaching a bigger point with more users coming into the bitcoin usage.
MMA
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September 03, 2017, 05:52:01 PM
 #960

I prefer bitcoin than gold. You can buy gold with bitcoin  Grin

Bitcoin is better than gold, there are a lot of reasons to this. The price of bitcoin fluctuate very fast which attract the investors on the other hand the price of gold is stable. Now you can directly pay your bills, purchase different things and send bitcoin to other people but in case of gold you have to convert it to fiat first so bitcoin is doing the job of currency for some people and the job of commodity for others.
but I think that we cannot ignore the Importance of both bitcoin as well as gold. gold is a precious element and people are using for a lot of reason, I think that still majority of people have more trust on gold as they do not know about bitcoin. I think gold is too good to keep our assets more safe.

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