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Author Topic: So Bitcoin is better than Gold?  (Read 53392 times)
batang_bitcoin
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May 28, 2017, 09:00:52 PM
 #241

So Bitcoin is better than Gold? Roll Eyes
I have seen related topic like this... but by the way I guess bitcoin is much better on gold because unlike gold bitcoin has unstable price so there's a chance that its price goes up or maybe fall hence it is very risky. But we know that the higher risk the higher profit will you get.

Last day the price of bitcoin did even surpass the normal value of gold. But when it comes to popular, gold will still the winner on it. But for us who are into bitcoin, well it's a real deal that bitcoin is better. It has a lot of feature and usage unlike gold, it's only good for investment and for being used for different jewelries.

I think that people from the bitcoin community rarely use gold to invest. After all, bitcoin has many advantages. The main of which is a rapid price increase

We might rarely use gold but if you are an investor and you are widening your investments, gold is a good choice. But with bitcoin, you are having a complete package of investment so why there's a need to look for some investment. I want to invest in gold but maybe it will happen 5 years onward but not today.



 

 

 

 

 

 


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May 28, 2017, 09:30:55 PM
 #242

I want to invest in gold but maybe it will happen 5 years onward but not today.

You're of course free to do what you want, but why consider investing into something with a relatively low return potential? It makes no sense to me considering that you're aware of Bitcoin's potential growth. Just look at the 1 or 2 year gold charts -- you'll notice how poor gold has been performing price wise. Put that against the high level of growth Bitcoin has gone through in the last years....
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May 28, 2017, 09:58:39 PM
 #243

So Bitcoin is better than Gold? Roll Eyes
I have seen related topic like this... but by the way I guess bitcoin is much better on gold because unlike gold bitcoin has unstable price so there's a chance that its price goes up or maybe fall hence it is very risky. But we know that the higher risk the higher profit will you get.

Last day the price of bitcoin did even surpass the normal value of gold. But when it comes to popular, gold will still the winner on it. But for us who are into bitcoin, well it's a real deal that bitcoin is better. It has a lot of feature and usage unlike gold, it's only good for investment and for being used for different jewelries.

I think that people from the bitcoin community rarely use gold to invest. After all, bitcoin has many advantages. The main of which is a rapid price increase

We might rarely use gold but if you are an investor and you are widening your investments, gold is a good choice. But with bitcoin, you are having a complete package of investment so why there's a need to look for some investment. I want to invest in gold but maybe it will happen 5 years onward but not today.

Why would you want to invest in gold if you have bitcoin? Gold might be a good investment, but Bitcoin is better. I know you've seen the price of bitcoin which is really unpredictable and changes so fast, that is a proof bitcoin to be good investment. It will give you a huge profit than Gold. Gold is not that volatile unlike bitcoin, so why invest in Gold, not on bitcoin?

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May 28, 2017, 10:02:50 PM
 #244

So Bitcoin is better than Gold? Roll Eyes

We know that gold and silver are manipulated down and their real value is multiples higher. However, cryptos have a lot higher purchasing power. I bought ETH at $15. I can now go grocery shopping for a week at $160 per ETH. Bought silver at $15. Guess what...I can only break even plus profit 2 candy bars. When the manipulation ends, I'll sell all of my crypto and buy precious metals. For now, cryptos aren't as manipulated and therefore find true market value.
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May 28, 2017, 10:20:36 PM
 #245

So Bitcoin is better than Gold? Roll Eyes
I have seen related topic like this... but by the way I guess bitcoin is much better on gold because unlike gold bitcoin has unstable price so there's a chance that its price goes up or maybe fall hence it is very risky. But we know that the higher risk the higher profit will you get.

Last day the price of bitcoin did even surpass the normal value of gold. But when it comes to popular, gold will still the winner on it. But for us who are into bitcoin, well it's a real deal that bitcoin is better. It has a lot of feature and usage unlike gold, it's only good for investment and for being used for different jewelries.

I think that people from the bitcoin community rarely use gold to invest. After all, bitcoin has many advantages. The main of which is a rapid price increase

We might rarely use gold but if you are an investor and you are widening your investments, gold is a good choice. But with bitcoin, you are having a complete package of investment so why there's a need to look for some investment. I want to invest in gold but maybe it will happen 5 years onward but not today.

Why would you want to invest in gold if you have bitcoin? Gold might be a good investment, but Bitcoin is better. I know you've seen the price of bitcoin which is really unpredictable and changes so fast, that is a proof bitcoin to be good investment. It will give you a huge profit than Gold. Gold is not that volatile unlike bitcoin, so why invest in Gold, not on bitcoin?

It's all about the profiting power and if you have bitcoin then it's better to have both of it. Since gold investment is almost the same in bitcoin, you don't have get too much exhausted on it and you can also sell it to those people or companies that are using gold as their main material for their products.
I want to invest in gold but maybe it will happen 5 years onward but not today.

You're of course free to do what you want, but why consider investing into something with a relatively low return potential? It makes no sense to me considering that you're aware of Bitcoin's potential growth. Just look at the 1 or 2 year gold charts -- you'll notice how poor gold has been performing price wise. Put that against the high level of growth Bitcoin has gone through in the last years....

Well if you are an optimistic person, even the possible return isn't that high but as long as there is return that would be fine. You have bitcoin as your main investment and you have some other sub investments but well, it's not going to happen for now, I'm still planning it.



 

 

 

 

 

 


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May 28, 2017, 11:12:32 PM
 #246

Why would you want to invest in gold if you have bitcoin? Gold might be a good investment, but Bitcoin is better. I know you've seen the price of bitcoin which is really unpredictable and changes so fast, that is a proof bitcoin to be good investment. It will give you a huge profit than Gold. Gold is not that volatile unlike bitcoin, so why invest in Gold, not on bitcoin?
Making an investment is a personal choice,bitcoin is currently the hot market and there was a time for gold and there are stock markets too which does not have that much manipulation in price because of all the regulations in place,the risk involved is larger in alt coins and the amount of profit to be earned is also higher and that is the difference,while in the rest of the investments mentioned,the risks are comparatively low.
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May 28, 2017, 11:31:44 PM
 #247

Better in which aspect exactly, if in the possibility of generating massive return in a short period of time then it's better. However regarding the stability, the less downward curve are better in gold than the volatile bitcoin. IMO bitcoin is best as short term trading and gold as long term savings.
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May 28, 2017, 11:38:19 PM
 #248

The rising bitcoin price is quite drastic I think it is not suitable for people who have heart disease. But I personally prefer the bitcoin rather than gold or the dollar. It all depends on each person
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May 28, 2017, 11:55:20 PM
 #249

The rising bitcoin price is quite drastic I think it is not suitable for people who have heart disease. But I personally prefer the bitcoin rather than gold or the dollar. It all depends on each person

this is what i am thinking too because the price is really can makes people getting shocked suddenly. if they don't have big capital to cover the loss, they can gets heart disease like you said. but if we are really decide that no matter how much bitcoin price it this, we are still holding our bitcoin and not selling before the price is reach more than $4000, its goods for us to just waiting and doing anything else so we don't have to gets panic when the price is down. people now thinking that bitcoin is more value and worth depend than gold but for people which lives in real world, still convince and believe with gold. its up to them what will they choose because its about their money and we can not push them to follow us.
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May 28, 2017, 11:58:32 PM
 #250

In terms in price value gold is a little bit ahead but if you compare the different aspects between bitcoin and gold you'll know that bitcoin far surpasses gold.
Bitcoin can send $1 million worth of transaction without being tampered and will get confirmed especially now that segwit is activated.
Besides being fast it is also secure and anonymous unlike gold that might get rob down the road.
And with it's decentralized feature it is not regulated by governments unlike gold.

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May 29, 2017, 04:48:27 AM
 #251

Everybody keeps asking the same question, Gold is so different from BTC in many fundamental aspects, even if both of them are officially considered "commodities" - and we say it's a currency -

* Age between the two is incomparable, Before BC and the other is 9 years old
* Volatility, BTC can go up or down %50 in a single day, while gold even when rising wildly is so slow
* Nature, one is a digital cryptographic currency and one is a precious metal
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May 29, 2017, 07:56:22 AM
 #252

Yes true, for now I'll say bitcoin is better than gold and all other investments such as property, silver, stocks and so on. can't argue with bitcoin we could generate up to 100 bitcoin% in just 1 month.
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May 29, 2017, 08:45:08 AM
 #253

Of course, if reviewing the financial functions of bitcoin tends to be better than gold, though gold is a precious metal that has legality and is popular in many countries.
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May 29, 2017, 09:24:14 AM
 #254

Yes true, for now I'll say bitcoin is better than gold and all other investments such as property, silver, stocks and so on. can't argue with bitcoin we could generate up to 100 bitcoin% in just 1 month.

No doubt that bitcoin is better than gold and that's why I'm here. I know that many will say that gold is better than bitcoin and they are those people that are lacking of knowledge when it comes to bitcoin. I like the anonymity of bitcoin and it's very secured, you only need to have a good source of it and invest for better return.



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Clark05
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May 29, 2017, 09:33:45 AM
 #255

If you ask me I think both is good investment. Investing in gold and bitcoin have benefits and advantage. This two the price is increasing. But the bitcoin price increase fastly but they also decrease fastly. If you invest in gold the price also increase but you can wait more time . So its better if your money invest in gold and bitcoin . And after few years maybe you will become reach if you invest big capital. Many investor invest in bitcoin and gold .
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May 29, 2017, 09:49:15 AM
 #256

Yes i agree it's currently better than gold an doing very well in the trades market but it shouldn't give room to underestimate gold because it holds the record of being tried and tested over the years of human existence whereas Bitcoin is barely ten years old.
We are not underestimating gold.. It's also good to invest in gold, but one thing for sure, investing in BTC is best for now
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May 29, 2017, 09:49:52 AM
 #257

At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.

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ivanst776
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May 29, 2017, 09:59:02 AM
 #258

At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.

Gold is known and being used for a long time and we know which one is older and which is new.

Bitcoin cant be compared to gold by age but I can say that bitcoin is in a good path to have a greater success and I believe that it will be more successful crypto coin in the following years.

Gold is harder to be managed especially if it is physically but if it is virtually then it's better but still bitcoin is easier!
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May 29, 2017, 10:07:09 AM
 #259

At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.

Exactly gold is way much better than bitcoin because if we compared two of them on the basis of stability, gold always win and best source of investment with less risk. As we all see few days back bitcoin drop from 2700$ to 1900$ which is very big loss for those who bought bitcoin at 26-27 hundred $. So i always prefer gold over bitcoin.
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May 29, 2017, 11:05:22 AM
 #260

At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.

Exactly gold is way much better than bitcoin because if we compared two of them on the basis of stability, gold always win and best source of investment with less risk. As we all see few days back bitcoin drop from 2700$ to 1900$ which is very big loss for those who bought bitcoin at 26-27 hundred $. So i always prefer gold over bitcoin.
The answer would depend on who you are asking. If you ask a trader who is looking to make quick gains, I think the obvious answer at the moment is bitcoin. Even in the short term, bitcoin has been performing better, but if we are to look at the overall stability and value, then no doubt, gold would win over bitcoin. Better to just have the best of both worlds as the two of them have had great value compared to other investments available.
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