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Author Topic: So Bitcoin is better than Gold?  (Read 53395 times)
HasHe
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October 05, 2017, 11:31:38 PM
 #1221

So Bitcoin is better than Gold? Roll Eyes
Yes,bitcoin seems to be better than gold in many aspects.
Bitcoin could be easily stored in a wallet unlike gold which has to be stored physically.
Bitcoin could be easily sold any time with just a click from our laptop or system but gold could not be sold like that.
Bitcoin could be easily transacted all over the world instantly but gold could not be done so.
Bitcoins could be used even to buy any products and to pay for services.But nothing could be bought directly with gold.It has to be converted in to fiat currency to buy any thing.
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xbl1008
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October 05, 2017, 11:35:41 PM
 #1222

yes now that the price of bitcoin is higher than the price of gold bar. of course both are treated as safe haven assets but bitcoin has the potential to grow much faster despite that SEC is not yet listing it as a form of asset and bitcoin is more flexible than precious metals for it can be sold straight online..
mornabo
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October 05, 2017, 11:38:34 PM
 #1223

So Bitcoin is better than Gold? Roll Eyes
For me yes. As you can see of the price of bitcoin I can actually say that its better now than gold even though I don't know the price of gold now. Aside from that bitcoin is easy to earn than gold. In bitcoin you just need a internet and device to earn it and its hassle free when it comes in withdrawal.
and true bitcoin can be used anytime and can be utilized for anything else gold does tend to be used as jewelry and not a good investment, I think this is the reason why people prefer bitcoin rather than gold, the relative gold value this stable is offensive with the value of flexible bitcoin prices
I think if gold is not a good investment as you said, surely millions of people on earth will not invest in gold? but the fact almost family in the world certainly have gold investment ? you say that gold is a beautiful jewelry right ? and that's what keeps the gold have high price, because gold is a beautiful jewelry and difficult to find thats make gold worth to invest
Jeger
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October 05, 2017, 11:46:30 PM
 #1224

Yes technically Bitcoin is way way way better than any currencies or Gold. You can bring your cryptocurrencies anywhere in the world as long as you remember 12 word phrase or you have a flashdisk containing your private key or you have your paper wallet or even just your phone! You can transfer $$$ worth of Bitcoin for less than $10 in fees and get it transferred to other part of the world in less than 30 minutes. Also Bitcoin is immune to war, disaster, and etc because it is a digital asset.

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Conevesses1976
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October 06, 2017, 12:43:44 AM
 #1225

It is simpler to retailer gold than constantly preserve a community of blockchain.
koralan
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October 06, 2017, 03:27:49 AM
 #1226

Bitcoin in the world crypto currency is gold. In a sense, bitcoin is information gold. But while the whole world does not fully recognize the crypto currency, it can not be real gold.
shunga
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October 06, 2017, 04:11:12 AM
 #1227

So Bitcoin is better than Gold? Roll Eyes

Yes bitcoin is better than gold because bitcoin can easily earn or get while gold is hard to get or find. bitcoin is easy to transact while gold is not because we need more papers before we can get it. bitcoin can easily to buy but gold are not. To get bitcoin we dont need an extra hard work while gold are need more and more extra effort.

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LenyaPoker
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October 06, 2017, 04:19:18 AM
 #1228

No, bitcoin is not better. we have been using gold for hundreds of years, and bitcoin is only a few years old. maybe in a few years it will disappear.
jsscswan
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October 06, 2017, 04:35:43 AM
 #1229

So Bitcoin is better than Gold? Roll Eyes

I think bitcoin is better than gold in terms of price, function, security. But gold is also better than the usability to make jewelry, facial health like gold masks, and as other precious metal art

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EEEian
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October 06, 2017, 05:01:56 AM
 #1230

Yes absolutely Bitcoin is better and more expensive coin in the whole world through gold.Bitcoin price $4300 per coin on the other hand Gold Price Per Ounce $1277 that means big different between two.
michaelch
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October 06, 2017, 05:04:40 AM
 #1231

I think in some ways, bitcoin is better gold. Especially right now and in the past few years, where it is in its infancy in gaining its reputation and acceptance in society, almost like a gold rush if you will.. Grin
Getmon
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October 06, 2017, 05:08:38 AM
 #1232

So Bitcoin is better than Gold? Roll Eyes

In some ways. But in some ways also, gold is better than gold. The good thing about bitcoin is that it is fast growing in value and then at the same time you can also spend it to purchase the stuff that you need and want. But in terms of stability, gold is much more established and trusted.

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centralbanksequalsbombs
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Bitcoin :open immutable decentralized global fair


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October 06, 2017, 05:23:13 AM
 #1233

Simply ask yourself as time goes, which is more useful and efficient and storing VALUE (worth more over time)?

Gold is an asset that can have its price manipulated by the traditional central-bank system.

Currently Bitcoin is for the most part free of that level of manipulation. And every 5 years, Bitcoin price is higher and will always be higher.

Though it is only <1% adopted by the world population...
Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.

And it has become clear that...
Bitcoin CANNOT be controlled.

Bitcoin cannot be made legal. Governments may still attempt to do so.

Bitcoin cannot be made illegal. Governments may still attempt to do so.


Central banks already control and manipulate Stocks, Real Estate, Gold, Interest Rates.

Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter.

On the opposite end of the spectrum the global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc) bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.

Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalk.org/index.php?topic=1853019.0

CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping

https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/

A.nayem
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October 06, 2017, 05:51:12 AM
 #1234

Stop convincing people that bitcoin is better than anything not only gold, I can't afford to buy a single coin ever since price jumped from $1100 to $1800 Sad I didn't realized then but now I'm not telling anyone about bitcoin any more, because I've realized that I've found a gold mine and what an idiot I was to shout about it every where.
Bitcoin becoming mainstream and with 50K transactions per second in the future as we all know is inevitable but we must take advantage while is in infancy stage.
Kingofbitcoin12345
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October 06, 2017, 06:01:41 AM
 #1235

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







I hope I’ve seen it much earlier so that I can used it to those who questioning bitcoin even my friends.. I agreed much of it and to add some sort of idea to my mind that this table/chart shows everything I’ve been thinking of..
The image that appear should be spread and most bitcoin users must know to explained it the easy way to others..

Thanks Lauda.. Saved and copied..

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xskl0
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Bitcoin SV is Bitcoin


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October 06, 2017, 06:06:56 AM
 #1236

Gold < Bitcoin Gold (BTG) < Bitcoin (BTC)

BUY / SELL bitcoins  --->  https://bit2me.com/?r=ryOV8xZNb
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October 06, 2017, 06:45:19 AM
 #1237

To my view point ,at present I say that now bitcoin is better than gold the reason behind it is that  has a limitation of only twenty one million of bitcoin supply but in the case of gold this is not, gold is dug from the ground and processed and  have no limitations.But even when there is more demand in bitcoin it is scarce in supply.To my concept according to the previous month the value of bitcoin has tripled and even though it is fluctuating in value again it will reach to a hike latter.
ANDREW 555
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October 06, 2017, 07:25:41 AM
 #1238

The only thing that keeps high gold prices now is popularity and tax breaks in most countries for exchange. It is considered a commodity
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October 06, 2017, 07:29:10 AM
 #1239

In terms of value appreciation bitcoin is better than gold because up to this moment bitcoin continue to appreciate the only thing gold is ahead of bitcoin is that it has been in the market for a long period of time, it is tested and somehow trusted by many people but maybe after few more years bitcoin can overtake the history made by gold.
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October 06, 2017, 08:27:30 AM
 #1240

Yes Bitcoin is all time better then gold. Sometime is low but most of the time high.
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