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Author Topic: So Bitcoin is better than Gold?  (Read 53389 times)
Bondho Kompeni
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September 08, 2017, 09:48:53 AM
 #1021

Yes.bitcoin better then gold because bitcoin price increase early but gold price not increase.i think bitcoin is best
For now yes, but we never know what will happen 10 years again, maybe better we divide the investment into some kind, like gold, property, stock and so on. I also believe that the future of bitcoin keeps on improving as more and more large companies are developing bitcoins.


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yasuoWasakey99
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September 08, 2017, 09:51:01 AM
 #1022

Not yet. Bitcoin at the moment is not better than gold. But will probably change in the future.
Because the bitcoin value is still rising.
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September 08, 2017, 10:06:26 AM
 #1023

Yes.bitcoin better then gold because bitcoin price increase early but gold price not increase.i think bitcoin is best

Please check the Bitcoin exchange rates from 2014 to 2016. The rates went down from $1,200+ per coin to around $200 per coin. So you can't say that the Bitcoin exchange rates will increase for ever. And also, you need to remember that gold never had a massive fall in its history, like the 85% decline which Bitcoin had from 2014 to 2016.
I think that's the risk of bitcoin, fluctuation can be a scourge and can also be a benefit for users. when fluctuations really go crazy like down to more than 50% you should be able to try to be patient because that's the key to investing in bitcoin, it's very risky but profitable if you want to be patient, but if you're not ready with it you can choose to invest in gold
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September 08, 2017, 10:17:57 AM
 #1024

No. Maybe in a decade but currently not really. We saw how the value of bitcoin rises and falls. That is not something you look for if you are investing for a long term. With that said however, if bitcoin reaches a stabilized price point, then we might see this happening.

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September 08, 2017, 12:19:23 PM
 #1025

I think so...
day by day Bitcoin is becoming a popular currency across the world. it has provided already a huge price value so that people have been financially benefitted from this platform. that is why bitcoin is gaining it grounds day by day. on the other hand, Gold is losing its demand in the market because of its price value. on the contrary to Bitcoin is getting a high profitable value.
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September 08, 2017, 12:27:54 PM
 #1026

I wont say it is better than gold because gold is still gold bitcoin is just money you can pay with bitcoin but you cannot pay with gold.
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September 08, 2017, 04:26:28 PM
 #1027

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






Bitcoin is better than gold because you can easily convert it.
Not like gold, you need certain requirements and you need to fill up some forms to convert your gold.
And lastly, bitcoin is obtained easier than gold.

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September 08, 2017, 04:32:01 PM
 #1028

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

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Bitcoin is better than gold because you can easily convert it.
Not like gold, you need certain requirements and you need to fill up some forms to convert your gold.
And lastly, bitcoin is obtained easier than gold.

Of course btc is better than gold due to its price. And also it is safe to keep it with you. It could not be stolen. There is no need of bank to keep it safe.
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September 08, 2017, 04:36:29 PM
 #1029

I don't think Bitcoin is better than gold, simply because of the fact that if by any chance the internet shutdowns Bitcoin is basically useless using the current technology while gold is a physical storage of "wealth". But in the end neither gold nor Bitcoin is going to buy you food if World War 3 hits and we start to starve. Food will be the new gold as we need to go back to our basic necessities to survive.

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millionaireshs
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September 08, 2017, 04:54:28 PM
 #1030

So Bitcoin is better than Gold? Roll Eyes

Practically speaking, bitcoin is much better in our time. We are in the digital age where everything is exposed to technology. Unlike Bitcoin, Gold is naturally occured and will be gone soon. Bitcoin now is very popular most especially because it is made possible by internet.
VeeraS
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September 08, 2017, 04:57:35 PM
 #1031


I choose bitcoin,
I think gold is a woman's jewelry: P and good for women investing for gold.
but I prefer bitcoin in any way.
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September 08, 2017, 06:11:57 PM
 #1032

I think always bitcoin is  better than gold. if you buy same amount bitcoin and gold after two year you see btc huge up. btc always better if you invest. gold is glamour sport is not invest for profit. if you want profit you invest bitcoin. but this way you can't tell bitcoin is better than gold. i tell bitcoin is better for invest and gold is better for glamour sport.


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kamikadze69
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September 08, 2017, 06:15:46 PM
 #1033

yes. if viewed in terms of efficiency and dimensional. bitcoin has a very practical and easy to use features. while gold is the opposite. so I guess bitcoin is superior in this regard.
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September 08, 2017, 06:19:16 PM
 #1034

So Bitcoin is better than Gold? Roll Eyes

Practically speaking, bitcoin is much better in our time. We are in the digital age where everything is exposed to technology. Unlike Bitcoin, Gold is naturally occured and will be gone soon. Bitcoin now is very popular most especially because it is made possible by internet.

Gold is not that rare. Till now, more than 180,000 tonnes of gold have been mined from the earth's surface. Much more of that metal is lying in reserves, where the extraction is not profitable at the current prices. 
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September 09, 2017, 03:38:26 PM
 #1035

Buying value when everyone else is fearful is a Pro Traders reaction.
I am not going to lie to you. I have been buying as well. 40% + would be an amazing result. I don't have that kind of firepower right now.
I have been selling the tops and buying the drops but its a grind right now and has been for about 2 months.
I can say I am keeping pace barely ahead but ahead by very little.
Feels like time to hunker down and do the hold.
Move on to other things.
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September 09, 2017, 03:55:09 PM
 #1036

China is NOT shutting down all cryptocurrency exchanges, only those that trade ICO tokens need to shut down... Huh


I think the most obvious interpretation of what is being said is that coin offerings are when you use BTC or ETH to raise $$ and give out tokens.
These tokens are not allowed to be traded for FIAT and any exchanges doing this will be shut down.
This means token <> BTC and ETH are legal and BTC and ETH <> FIAT is legal.
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September 09, 2017, 04:01:38 PM
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 #1037

yap. day by day Bitcoin is gaining the ground of gold in terms of price value. if you want to compare with both price value then you will find the trend of price value difference which makes better Bitcoin rather than Gold. not only that but also gold is losing its demand for the purpose of saving. on the other hand, Bitcoin is taking the place of gold.

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September 09, 2017, 04:37:22 PM
 #1038

Bitcoin is undoubtedly better than gold because gold can not easily transfer with money but bitcoin is a electronic money or currency which is easily transfer within a short time and all places of the world via btc or bank. Gold is very much difficult to carry one place to another but bitcoin is e- money which can bear via mobile or computer or credit card.so undoubtedly bitcoin is more important than gold .
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September 09, 2017, 04:39:22 PM
 #1039

I think between bitcoin and gold have their respective advantages and disadvantages, so it is very difficult to determine which one is better

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September 09, 2017, 09:05:16 PM
 #1040

I saw in this forum someone who bought gold with bitcoin. Month later, bitcoin goes from 2000$ to more than 4000$ and gold remains the same price.
That is the matter with investments, sometimes you are able to time the market right and sometimes you are not, personally I do no know why he did that since gold has not moved much in the last 5 years besides he did that when the price of bitcoin was at its lowest, so it was definitely a bad move.
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