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Author Topic: So Bitcoin is better than Gold?  (Read 53024 times)
ANDREW 555
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October 06, 2017, 07:25:41 AM
 #1241

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
 #1242

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
 #1243

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

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October 06, 2017, 08:39:54 AM
 #1244

We can summarize that Bitcoin has gold-like characteristics as follows:

  1 The supply is limited, where there will be only 21 million Bitcoins spread across the globe;
  2  Not created by the Central Bank / government, but by an unidentified party;
  3  Not manufactured or controlled by an individual, group or company;
  4  Impossible to duplicate or counterfeit;
  5  Durable and not easily destroyed;
  6  Obtained by mined, but using a mining program and a mathematical algorithm;
  7  Can be transacted worldwide;
  8  The transaction is irreversible, meaning that once Bitcoin is given to someone else's hand, the transaction can not be canceled unless the person is
  9  willing to send the Bitcoin back;
  10 Can be exchanged and traded with various currencies in the world
pat4cryptoreal
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October 06, 2017, 08:50:28 AM
 #1245

Bitcoin cannot be compare to gold in any way . Inventing of bitcoin is the most significant thing that have ever happen to the global financial system. An individual cannot sell gold to someone in another country or continent and the transaction will be successful instantly. Bitcoin has come to unite the whole universe.
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October 06, 2017, 08:55:52 AM
 #1246

So Bitcoin is better than Gold? Roll Eyes

Honestly I don't agree with that. Because gold and bitcoin are structurally different. GOld has many other use apart from investing. You can make an ornament out of it but with bitcoin there is no such option. Also Gold price is somewhat stable which makes it an excellent asset for capital protection. Whereas bitcoin price is very dynamic and not suitable for faint hearted investors. So my view is that, bitcoin and gold are good investment options for different set of investors.
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October 06, 2017, 09:05:18 AM
 #1247

Gold is a physical commodity which is to be mined, has major industrial applications so it will always have a value. thats why its better.

Bitcoin is a code only and have value till acceptance and not wholly legal in world, it can fade away with laws, better crypto currency, and with no physical industrial applications .

common man is not gonna use it widely, any mugger can theft your pc, phone and get them if not password protected, manipulation is possible yes. So i thnk gold is better than bitcoin.
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October 06, 2017, 09:12:47 AM
 #1248

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







thanks lauda for the information chart thats the proof bitcoin are in the highest level among us the proof you are sharing no doubt bitcoin are very strong and good investment to future as potential cryptocurrency.

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October 06, 2017, 01:07:13 PM
 #1249

Gold is valuable i am agreeing that .But only few countries are considering gold as more valuable.Most of the countries are giving more value for crypto currencies,so it indicates that bitcoin is better than gold. And in future bitcoin will be more preferable than gold by the people around the world.
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October 08, 2017, 04:14:04 PM
 #1250

In many ways Bitcoin is superior to gold. You might think confirmation times are slow for Bitcoin but try transferring some physical gold across the planet Wink
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October 08, 2017, 04:47:03 PM
 #1251

So Bitcoin is better than Gold? Roll Eyes
We cant never compare the bitcoin in the gold or if bitcoin is better than gold. Yeah, its tru that there' are many advantages of bitcoin to the gold. It has a faster transmission of money. But you think that bitcoin can be know by all people ? Then that's the disadvantage of bittcoin maybe now the value of bitcoin is very expensive because its not recognizable but its soon to be know by all people we know that the value of bitcoin will falling down. The gols is almost thousand years that people being used to all. To exchange trading to buy things ans to make transaction. And most of it even though its being an recognizable its value is not change unlike the bitcoin the bitcoin is fluctuating so i say that the bitcoin is not better than gold.
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October 08, 2017, 07:14:46 PM
 #1252

bitcointalk is very appealing to the human eye and must be taken care of because from here it can make extra money and I will not give up to get results from here.
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October 08, 2017, 07:27:47 PM
 #1253

I thin'k bitcoiN is better than gold.
why, when If I were faced with choices buy bitcoiN or gold, of course my choice would be on bitcoiN because bitcoiN value is very volatlile and it can give a good cance opportunity if own it. bitcoiN can be good for long or short term invest. and gold for long term invest for a lot of years.  Cheesy
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October 08, 2017, 07:35:25 PM
 #1254

I would say that you literally cannot compare the two. They are similar in every way except one is virtual and the other physical.
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October 08, 2017, 07:40:53 PM
 #1255

I thin'k bitcoiN is better than gold.
why, when If I were faced with choices buy bitcoiN or gold, of course my choice would be on bitcoiN because bitcoiN value is very volatlile and it can give a good cance opportunity if own it. bitcoiN can be good for long or short term invest. and gold for long term invest for a lot of years.  Cheesy


very few of the people who use gold as a means of buying and selling transactions.
but if in use as a jewelry clearly more visible gold in comparison with bitcoin.
but bitcoin has advantages in almost all sectors,
a small example is,
not everyone can start gold mining independently.
while bitcoin can be mine by personal and does not require permission from any party.
because bitcoin has the advantage of free access and secret (anonymous)

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megynacuna
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October 08, 2017, 10:20:25 PM
 #1256

I would say that you literally cannot compare the two. They are similar in every way except one is virtual and the other physical.

Exactly, you cannot catch bitcoins to measure its weight like gold and so how will you know this amount of Bitcoin compared to the same amount of gold is better than the gold. It's totally impossible and makes nonsense of the comparisms.
Oppang Inamo
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October 08, 2017, 10:38:16 PM
 #1257

So Bitcoin is better than Gold? Roll Eyes

In my own opinion, I think bitcoin is better than gold because bitcoin can earn easily and it is more reliable to other sources of money, and bitcoin is more safe and secure when you hold it, unlike from gold you cannot possess it by your arm and hands all the time, but these two cannot literally can be compared
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October 10, 2017, 04:33:40 AM
 #1258

Apparently, Bitcoin is more popular than gold among investors.

Is it just hype or something fundamental about the digital currency. It’s hard to say. What’s not hard to say is that there’s a growing mistrust of national currencies, following dubious government policies, which has pushed people into Bitcoin.

The last three months in the digital currency rally, for instance, has coincided with India and Venezuela’s efforts to get rid of old currency notes.

Prime Minister Modi and President Maduro have very little in common – except they have pursued policies late last year that replace large notes in circulation with new notes (India) or with coins (Venezuela).
I think it is the fact that is digital, the reason gold stopped being used all over the world was that carrying big quantities of it was difficult, maybe not for the average person but it was for business owners, fiat was better than gold in that respect and bitcoin is even better than fiat in that aspect too.
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October 10, 2017, 11:05:08 PM
 #1259

I believe Bitcoin is much better than gold simply because Bitcoin is the speediest expanding investment decision in the planet. Bitcoin can be transferred anonymously anywhere in the world but transfer of gold so not safeguard your privateness.
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October 11, 2017, 04:11:14 AM
 #1260

Bitcoin is better than gold simply because it's transaction fees is extremely minimal, money laundering could be a good deal less complicated with bitcoins, and gambling is less difficult with bitcoins than gold.
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