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Author Topic: So Bitcoin is better than Gold?  (Read 53388 times)
webdevmastery
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March 12, 2018, 07:13:10 PM
 #2161

Yes bitcoin is better than gold because you can easily convert bitcoin in real money instantly using electronic wallet unlike in gold it will be hard to convert it; through strict conveyance of process.

I also agree that bitcoins is better than gold because the growth of cryptocurrency in the market is much faster more than gold and there are more people who are investing on bitcoins rather than using their own capital to buy gold and earn just a small amount of profit because it was also hard to resell since it was a physical item.
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March 12, 2018, 07:33:11 PM
 #2162

Gold and the digital currency are in different categories of value. However, bitcoin can still be said to be better than gold due to the fact that by rapidly increasing the cost (price), it provides a much greater profit, which it gives gold from keeping it in any bank.
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March 12, 2018, 07:34:49 PM
 #2163

Bitcoin is better than gold and that is 100% true because bitcoin has blockchain that we can use in order to make more ideas that will help us but gold doesn't have any technology which is a bad thing for us to consider because what is the purpose of gold if there is no technology or any important thing in gold aside from finite supply.

I agree with you because my thoughts are something like this, because I think bitcoin is better than everywhere, so we can learn more and it can improve our coming life. Most of people do not know and yes it is also true that bitcoin and gold is different from each other because bitcoin is related to technology and in future everyone will attract towards bitcoin.
dayem708
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March 12, 2018, 07:49:41 PM
 #2164

So Bitcoin is better than Gold? Roll Eyes

I would like to say, yes Bitcoin is better than gold. let's make some comparison.One of the most striking differences between gold and bitcoin is that while the precious metal represents a physical object, bitcoin is entirely digital.
sana gull
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March 13, 2018, 06:12:36 AM
 #2165

So Bitcoin is better than Gold? Roll Eyes

I would like to say, yes Bitcoin is better than gold. let's make some comparison.One of the most striking differences between gold and bitcoin is that while the precious metal represents a physical object, bitcoin is entirely digital.
Buy why are we comparing bitcoin with gold? Bitcoin is a currency which is we use for shopping and purchasing thing, while gold is a precious element and not a currency. I think both have their own importance. Bitcoin is good to be use for shopping throughout the world, without changing it into any other fiat currency, while gold is good for holding, because gold has a stable price and we can observe a very slight change in the price of bitcoin.
angelaurum
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March 13, 2018, 06:42:13 AM
 #2166

well bitcoin is just a fool's gold...
its just a pump and dump stock

it will have its time and it will end
while gold is a very tested material
its been centuries old and proved its value

i don't think that bitcoin would even last over 50 years
its just a FAD actually like fidget spinners, tamia and other stuff that
HIT world wide

once people got tired of it because of scams...
i think bitcoin will be worthless

its not even so innovative
i know its about blockchain technology
but it is just a clever idea but its not ideal to be used in the real world

that's why it is just a big ponzi scheme hiding itself as a payment system

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March 14, 2018, 04:52:48 PM
 #2167

So Bitcoin is better than Gold? Roll Eyes

In my own opinion, bitcoin is better than gold as well because there are a lot of people who are earning cryptocurrency to cover up their financial problems and some of them are traders who leave their job on the corporate world to focus on trading because they become more successful in that pace.

Roboabhishek
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March 14, 2018, 05:03:55 PM
 #2168

If you want less risk, less profit then gold is best and if you want high profit, higher risk then investing in gold then bitcoin is best.For me bitcoin is best because it is the best investment to earn high profit.
Bariannen
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March 14, 2018, 05:08:34 PM
 #2169

If we compare Gold with Bitcoin, Bitcoin is much better than Gold. Gold can be an asset and it's grow very slow. But Bitcoin is rapidly growing up so I probably prefer Bitcoin only.
It cannot be denied, however, gold might be a better option, because of its popularity and stability of it.
Sihab76
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March 14, 2018, 05:09:46 PM
 #2170

The BTC is good when you need to transfer large amounts of money that no one can manage. In general, there are many reasons, but BTC is very attractive
No no Bitcoin never better than gold. Gold is very popular and valuable metal which is equally accept by all countries and people but Bitcoin is virtual and it is not accept by all level of people.
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March 14, 2018, 05:10:53 PM
 #2171

Personally, I am tired of seeing this question again and again, yet it doesn't change the fact that regardless of which is better than the other, it will all just boils down to the user, what is the user's needs, it is profitability, stability, portability or other purposes like currency and jewelry, at the end of the day the user will be the one to answer that and definitely, different folks, different strokes, different points of view and answers. So for me, I would go for profitability and I saw it and still enjoying it through Bitcoin, so for me it is better, Bitcoin is better than gold for me in that context. Smiley

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Zandar
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March 14, 2018, 05:26:00 PM
 #2172

Bitcoin is better than gold. The more gold you amass the harder it will be to sell it off at once. Since bitcoin is not physical, you can amass tons of it without anyone knowing any better. It's easier to handle bitcoin than gold.
Mystika
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March 15, 2018, 01:18:57 AM
 #2173

I dont think that bitcoin can be compared with gold. They have their own distinctions in such a way that both of them are good. Bitcoin is a cryptocurrency that can be used in a daily activities like for paying bills or purchasing something you want to buy. It is also a  way of using in trade to generate income or profit. Gold is an element that keeps its own value. It can retain its price or value as time goes by. The only that they have in common is that both of them are useful and can be considered as a treasure.

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boddy.dy
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March 15, 2018, 02:18:19 AM
 #2174

Yes indeed bitcoin is better than gold! We all know that the prize of gold is almost same. Same as this is not increasing nor decreasing, maybe somehow it change but not so high or low. Unlike bitcoin that goes so high and yet goes so low. This is the thing that makes bitcoin better than the gold. You can buy bitcoin if its prize is low then you can sale this one when its values increases. What gold is ahead with bitcoin is that gold has a constant value in the world. In short this is more known rather than bitcoin.     
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March 15, 2018, 02:27:23 AM
 #2175

Making an investment is a personal choice, but for me I think both is good investment. Gold is known and being used for a long time and bitcoin also good because I can trade with it.
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March 15, 2018, 02:27:29 AM
 #2176

I think between gold and bitcoin there is nothing that each other outperforms, because the second world is different. we sell bitcoins to buy gold, and vice versa. but the difference between gold is not created through the internet as it is bitcoin

indeed we must admit that between bitcoin and gold there are two different sides but both of them can be said to have in common is a long-term investment and very easy to trade, but the price is more challenging and more profitable bitcoin and ease to be stored.
so it can be concluded bitcoin better than gold and easier

renggileh
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March 15, 2018, 02:31:58 AM
 #2177

Today I confidently say that bitcoin is better than gold in terms of price, my statement is not without base, but it's by looking at the real evidence. We all can seein this month the price of bitcoin reaches $ 4000 and that's fantastic. Bitcoin continue to break highes price record, even bitcoin prices are expected to rise again after the segwit proposal ends.
Dilladupak
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March 15, 2018, 02:34:14 AM
 #2178

I think the value of bitcoin and gold is much different, for me if gold only makes ornaments or saves money. Similarly, the selling price of Gold will fall from the purchase price.
While bitcoin will continue to increase over time, so we prefer to store bitcoin rather than gold.
KRISTINNIE96309
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March 15, 2018, 02:44:29 AM
 #2179

Yeah, we can find out there are lots of advantages of Bitcoin. It has high security, easy transaction... It can be fungible, portability, durable, scarce.. All of these advantages gold may not has. So that's reason why for now people prefer use bitcoin than gold or dollar.
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March 15, 2018, 02:52:28 AM
 #2180

In terms in price value gold is a little bit ahead but if you compare the different aspects between bitcoin and gold you'll know that bitcoin far surpasses gold.
Bitcoin can send $1 million worth of transaction without being tampered and will get confirmed especially now that segwit is activated.
Besides being fast it is also secure and anonymous unlike gold that might get rob down the road.
And with it's decentralized feature it is not regulated by governments unlike gold.
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