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Author Topic: So Bitcoin is better than Gold?  (Read 51252 times)
PhucS
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August 12, 2017, 08:36:00 AM
 #681

So Bitcoin is better than Gold? Roll Eyes
I think in the future bitcoin will be better than gold because I know that the price of bitcoin will rapidly increasing. In addition to that, as of now the price of bitcoin and gold are the same and both of them has its own advantages in terms of use. Now a day many people prefer to use the bitcoin because it’s very to use. I think both of them will increase the price in the future.
Yes, I also think like you, now both gold and Bitcoin are reasonable investment choices and can be profitable. Gold is a form of traditional investment, still popular and still many people choose. Bitcoin is a new type of investment that can carry the risk of loss but it is also profitable because of its high value.. Many experts predict that Bitcoin will increase further in the future. Many people are now choosing to invest in Bitcoin If it is possible to invest in both types, it will be more profitable

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August 12, 2017, 08:52:31 AM
 #682

But what if the Internet will disappear someday? What will happen to our money if it stops working? This question scares me. And it exposes that gold is a more reliable currency. Although it is not as profitable as bitcoin.

It is impossible for the internet to disappear from the middle of the day. If the internet disappears, we can not do our daily work, banks, post offices, airports come to a standstill, nowadays everything is connected to the internet.



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Rainbot
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August 12, 2017, 08:53:56 AM
 #683

Gold is more protected and has a consistent price range due to its availability. Bitcoin is expanding but the price us not that consistent, but still, bitcoin is more reliable in terms of transactions

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August 12, 2017, 09:03:30 AM
 #684

But what if the Internet will disappear someday? What will happen to our money if it stops working? This question scares me. And it exposes that gold is a more reliable currency. Although it is not as profitable as bitcoin.

It is impossible for the internet to disappear from the middle of the day. If the internet disappears, we can not do our daily work, banks, post offices, airports come to a standstill, nowadays everything is connected to the internet.
Yes, Internet connectivity won't interupt in the middle of the day causing a big downfall to the digital currency as well the entire connectivity that's required for successful functioning of the entire sectors. Rather than gold profiting through bitcoin is bigger which makes it to be the best.

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August 12, 2017, 09:19:14 AM
 #685

But what if the Internet will disappear someday? What will happen to our money if it stops working? This question scares me. And it exposes that gold is a more reliable currency. Although it is not as profitable as bitcoin.

It is impossible for the internet to disappear from the middle of the day. If the internet disappears, we can not do our daily work, banks, post offices, airports come to a standstill, nowadays everything is connected to the internet.
The Internet can not disappear simultaneously around the world. First it would be a disaster for the entire state so the problem will be quickly resolved, and secondly you always have the opportunity to travel to another country where the Internet is working. What do you do in a state where there is no Internet?

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August 12, 2017, 09:23:33 AM
 #686

So Bitcoin is better than Gold? Roll Eyes
Two things are different. Both of its price depends on the market's demand but gold is a material and Bitcoin is not. It is true that Bitcoin has a higher rate of increase, in terms of its value, compared to Gold. But I think the price of Bitcoin is decreasing more often than Gold. That, I think, is the difference. Although Bitcoin still has a bigger increase after the dips. Bitcoin's advantage to Gold is that, you can convert it anytime you want, and you can't always find people ,anywhere, who'll buy gold.

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August 12, 2017, 09:41:38 AM
 #687

So Bitcoin is better than Gold? Roll Eyes
I think in the future bitcoin will be better than gold because I know that the price of bitcoin will rapidly increasing. In addition to that, as of now the price of bitcoin and gold are the same and both of them has its own advantages in terms of use. Now a day many people prefer to use the bitcoin because it’s very to use. I think both of them will increase the price in the future.
Yes, I also think like you, now both gold and Bitcoin are reasonable investment choices and can be profitable. Gold is a form of traditional investment, still popular and still many people choose. Bitcoin is a new type of investment that can carry the risk of loss but it is also profitable because of its high value.. Many experts predict that Bitcoin will increase further in the future. Many people are now choosing to invest in Bitcoin If it is possible to invest in both types, it will be more profitable

gold is conventional investment that it is very valuable since ancient Egypt period thousands years ago  and i am sure if wanna invest long term and don't wanna get risk to loss value, gold is very good choice.

but bitcoin is faster choice to get rich because if you know how to put investment in proper place you will get rich faster. Moreover the price of bitcoin is very high and still has potential to growing up again from time to time. so we can choose to invest on one of that or both, why not?

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August 12, 2017, 11:40:44 AM
 #688

I am new in bitcointalk but I understand that bitcoin is better than good.bitcoin rate day by day pumping but not yet.
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August 12, 2017, 12:05:34 PM
 #689

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







Lauda, you have most certainly summed it up very nicely! I have always been highly against trading fiat because of its bloated, inflation-like nature. The bubble that has been expanding since 2008 will soon burst again - guaranteed. Gold is very stable, but offers almost no room for profits because of its stability. I know many people that have bought bitcoin only to then buy gold with it.....  Undecided

I am new in bitcointalk but I understand that bitcoin is better than good.bitcoin rate day by day pumping but not yet.

This isnt always the case. No-one can tell what is a better investment option, only you can. If you are looking for something very long term with no clear sign of selling any time soon, then Gold is your best option. However, if you want to make quick profit and then use that as a currency, bitcoin is your best bet. Both have their advantages and disadvantages.
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August 12, 2017, 12:07:14 PM
 #690

But what if the Internet will disappear someday? What will happen to our money if it stops working? This question scares me. And it exposes that gold is a more reliable currency. Although it is not as profitable as bitcoin.
I don't think that one day, the Internet will disappear as you said. It is closer to impossible. I think the only way to the internet to be disappear is the end of the world.
 
Anyways, I consider bitcoin is more valuable than gold. As we all see that bitcoin price increase highly over the years, And for now, bitcoin have a awesome price which it's around 3750$, Now it's too powerfull, And i think soon it will achieve the 4000$ easily.

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August 12, 2017, 05:46:30 PM
 #691

In which angle you are comparing thats the main thing. Both two is different in various ways. Bitcoin is more secured if we talk about transaction or storing. Gold has an almost stable value where bitcoin has ups and down.So they both are different. If it comes about investment then bitcoin is better than gold.
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August 12, 2017, 05:52:29 PM
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I think this is a wait and see situation. It has great potential to rival the gold usecase, but there are benfits and negatives to both. Gold has a large past but that also probably means that the market is bought up heavily.

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Scorpion
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August 12, 2017, 05:55:07 PM
 #693


About four times better than gold in terms of value. Also gold you have to store and it takes up space with Bitcoin you can control your wealth offline, on a piece of paper and have back up copies of it too.

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August 12, 2017, 05:57:59 PM
 #694

Bitcoin and gold are the same thing, one is virtual and the other is real. Both preserves the value, and increase in value while in crisis.

                                 
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August 13, 2017, 03:05:49 AM
 #695

Bitcoin is much better than gold, because bitcoin is valuable its much easier to use for transactions. Bitcoin is better especially in investment is more trusted and the price of bitcoin is increasing while gold the price is steady. It is always a most popular investment to the people and most of investors want to invest in bitcoin. Bitcoin is good investment and profitable, while gold is in long term. Bitcoin gives many benefits or advantages.

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August 13, 2017, 03:18:26 AM
 #696

yeah bitcoin is more valuable more then gold but gold still has it value and still profitable to be forget. gold is gold and bitcoin is bitcoin. still in good in investment. more then bitcoin i love bitcoin because it easy to sending and receive payment. and because the price of bitcoin still in rising currently make me more focus on bitcoin now. gold has more stable value then bitcoin as bitcoin can be drop in the day if something going on. that the only weakness of bitcoin. today it rising to the sky. in that day also it can drop like a waterfall. play smart and be always positive.
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August 13, 2017, 04:31:38 AM
 #697

Yes, probably Bitcoin is better than gold in the view of trade. Bitcoin is earning more money but it is not 100% secured it may be some times loose . The gold is always have the standard rate. It won't decreeses in it's rate. And secured.

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August 13, 2017, 04:43:34 AM
 #698

So Bitcoin is better than Gold? Roll Eyes
There are factors where Bitcoin is better than Gold but there are also factors in favor with Gold. Bitcoin's rate of increase after the deflation, in terms of its market value is higher than Gold. Consider the situation that Bitcoin's price is dumped by 200$ and after several days, or weeks, pumps will take place with 300$. The advantage of Gold in the other hand is that, Bitcoin more often has a decrease on the market's value, unlike in Gold where Gold has a more stable market value.

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August 13, 2017, 05:00:48 AM
 #699

So Bitcoin is better than Gold? Roll Eyes
There are factors where Bitcoin is better than Gold but there are also factors in favor with Gold. Bitcoin's rate of increase after the deflation, in terms of its market value is higher than Gold. Consider the situation that Bitcoin's price is dumped by 200$ and after several days, or weeks, pumps will take place with 300$. The advantage of Gold in the other hand is that, Bitcoin more often has a decrease on the market's value, unlike in Gold where Gold has a more stable market value.

If calculated from the percentage increase each year bitcoin actually rose rapidly from gold, bitcoin price fluctuations in one year is needed in the trading market, if the price continues to experience a surge then the market will not be crowded as it is now, Price reduction is always needed for the demand process.

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SamsungBitcoin
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August 13, 2017, 05:12:49 AM
 #700

So Bitcoin is better than Gold? Roll Eyes
There are factors where Bitcoin is better than Gold but there are also factors in favor with Gold. Bitcoin's rate of increase after the deflation, in terms of its market value is higher than Gold. Consider the situation that Bitcoin's price is dumped by 200$ and after several days, or weeks, pumps will take place with 300$. The advantage of Gold in the other hand is that, Bitcoin more often has a decrease on the market's value, unlike in Gold where Gold has a more stable market value.

If calculated from the percentage increase each year bitcoin actually rose rapidly from gold, bitcoin price fluctuations in one year is needed in the trading market, if the price continues to experience a surge then the market will not be crowded as it is now, Price reduction is always needed for the demand process.
Both has own advantages and both is good to invest, just look on the advantages of both gold and bitcoin. If younare looking for faster income just invest in bitcoin much risky but you can generate higher income too.
But if you want for safe investment go for gold buy some accessories made by gold and wait for the the increase of its value low risk also you income will be slow.

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