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Author Topic: So Bitcoin is better than Gold?  (Read 53395 times)
Bous
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January 22, 2018, 06:03:18 PM
 #1881

Bitcoin and Gold are two things really different. On the one hand Bitcoin is great to invest, and on the other hand, gold has no risks.
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January 22, 2018, 06:10:49 PM
 #1882

Not really, how to say bitcoin is better in its sphere in terms of investing activities and gold is good in its own in the savings plan

bitcoin is better than gold for the investment. Gold is low a profit and low risk too
but bitcoin is high risk and high return. I am sure that bitcoin will be great in the future than gold.

as for what we are able to see that bitcoin are more better than gold cause of its price and on how you are able to earn profit for i believe also that there will come a time that bitcoin can look now more better than gold.

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mindfly09
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January 22, 2018, 06:21:22 PM
Last edit: January 22, 2018, 06:38:03 PM by mindfly09
 #1883

Bitcoin is better than gold, because bitcoin gives good profit than gold. If we compare gold and bitcoin, we know that the bitcoin is really best for investment and best for trading. The price of bitcoin is increasing everytime, while gold it takes for a long time, just to wait for the price if good before we earn profit. So bitcoin is much better than gold, because bitcoin is good for a long term and short term investment, not just like in gold its only good for a long term investment.
realsteve
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January 22, 2018, 06:31:14 PM
 #1884

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

http://www.dugcampbell.com/wp-content/uploads/2014/12/Traits-of-Money.png

https://getabitcoin.files.wordpress.com/2014/04/goldvsbitcoinvsdollar.png



Haha. You nailed it.
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January 22, 2018, 08:43:18 PM
 #1885

So Bitcoin is better than Gold? Roll Eyes
Both bitcoin and gold are store  of value. There are advantage and disadvantages. Bitcoin is clearly accessible and can easily keep safe since it is virtual while gold is a phsical value. Gold has been use for centuries while bitcoin is a new and currency but have a potential like gold.
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January 22, 2018, 09:09:59 PM
 #1886

If you choose to invest in a short time then bitcoin is much more profitable. But if you have a longer time then gold is a much safer investment. It all depends on the condition, because there is no perfect thing in this world.
Gen iUs
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January 23, 2018, 01:53:37 AM
Last edit: January 23, 2018, 02:04:49 AM by Gen iUs
 #1887

So Bitcoin is better than Gold? Roll Eyes

For me yes, Bitcoin is better than Gold, although the price of bitcoin is not stable, it's goes up and down but after many years BTC will become very expensive and more money you can earn. It is fast also to invest money unlike gold that you need many plans for investment. Moreover when I join here in Bitcoin world there is no payment it's free, and I'm earning money through here. In gold you need more money first before you earn money it's too much costly.
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January 23, 2018, 02:01:55 AM
 #1888

in a few aspect such as stability, gold is better since btc is volatile and prices can shoot up or go way down.
However, with btc you can transfer funds immediately in just the tip of your finger anywhere in the world. And you can't do that with gold!
Ultimately, with btc you can transact anonymously
sunita01
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January 23, 2018, 06:43:56 AM
 #1889

Bitcoin is better than gold, the value of gold remains almost steady, whereas bitcoin is more than gold value, gold is used in a limited area, while bitcoin can be used in any way.


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January 23, 2018, 08:00:03 AM
 #1890

Both are assets, bitcoin is digital asset. both of them have their on advantages and disadvantages, it depends how much money you have to invest, what is you goals while investing in one of these assets. We cannot say for sure, one of them is better, they have there own role and space.
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January 23, 2018, 08:03:46 AM
 #1891

Yea BTC is better than gold in terms of investment and I say this because it gives a better return on investment, short or long term. Iv been here for a short time an BTC has done better than any other stock in the world that I know .
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January 23, 2018, 08:07:08 AM
 #1892

It is in other ways. Gold is always gold. The supply of gold is everywhere. The supply of bitcoin is only limited few in numbers now but gold is always do in mining every where in this planet. Maybe in terms of transactions through digital way bitcoin is better than gold but it terms of supply. Gold is better than bitcoin.
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January 23, 2018, 08:07:52 AM
 #1893

So Bitcoin is better than Gold? Roll Eyes

For me yes, Bitcoin is better than Gold, although the price of bitcoin is not stable, it's goes up and down but after many years BTC will become very expensive and more money you can earn. It is fast also to invest money unlike gold that you need many plans for investment. Moreover when I join here in Bitcoin world there is no payment it's free, and I'm earning money through here. In gold you need more money first before you earn money it's too much costly.
Noble metals may be the first and last commodity that has become universally accepted as a means of exchange, but it has been a slow process that has taken centuries, if not millennia. The use of cryptocurrency exploded in just a few short years.
harbin55
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January 24, 2018, 07:05:00 PM
 #1894

absolutely yes! Bitcoin is better than gold because bitcoin is easy to use and easy to get out mine rather than gold and it is more expensive now than gold.
Bitcoin price increases faster each day and many users add their investments to it that's why many people prefer to have a bitcoin rather than to have a gold because in them for now bitcoin is much precious than gold.
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January 24, 2018, 07:13:20 PM
 #1895

It really depends on how much value we place on each entity. Gold has been a reliable standard for ages now, Bitcoin is "relatively new" so lets see what happens. However, here is a link from The Business Insider on this comparison: https://twitter.com/businessinsider/status/923287320085766144?lang=en
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January 24, 2018, 08:17:45 PM
 #1896

So Bitcoin is better than Gold? Roll Eyes


Obviously bitcoin has a lot of different properties than gold, and this is way better than gold. Or at least it's similar to gold in terms of value. Maybe someday in the near future, many people will be happy to get a few BTC to store their family's wealth.
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January 24, 2018, 08:20:40 PM
 #1897

Bitcoin is a little bit unstable at this point. Gold is more stable so this means it is safer. But I keep my decision and I would say that bitcoin is better because it is the future. You will have more money if you invest in bitcoin rather than gold
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January 24, 2018, 08:21:11 PM
 #1898

btc is very versatile! makes it better than gold!

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January 24, 2018, 08:23:23 PM
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 #1899

Though Gold is a precious metal but Bitcoin is better than gold..Bitcoin price is 10-15 times more than gold...so if you invest in bitcoin, you can get more more amount in your balance...but Gold doesn't have such type of quality..
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January 24, 2018, 08:57:12 PM
 #1900

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






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.

Btw, is it $2000 which you can take cash out of a country when you travel by airplane or was it $10,000?

I agree. Although bitcoin definitely holds the higher price point amongst the two, but in terms of value, gold still has that title and advantage over bitcoin. The main difference here is the reliability and the volatility aspect. I have said in past posts that the volatility feature of cryptocurrencies are double-edged swords, it may do good, but at the same time, it may also do bad. Unlike gold, it has stabilized and has been accepted in such a way that people are comfortable with it as an asset. It can be sold for good value, and its value has always been high and is commonly not affected by outside market trends anymore. One indication that gold has reached that valuable state is that even if the amount of gold circulating in the market increases, its price doesn't actually change much.

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