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Author Topic: Why people says gold is better?  (Read 11638 times)
Pamela Jobelle
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February 12, 2018, 08:16:27 AM
 #1301

Bitcoins are for those who do not know the real form and they are not enough information or knowledge about bitcoin, so naturally, some people say gold is better than bitcoin. Bitcoin is like fiat money, the difference is bitcoin is you can use during transactions that don't need to pay for real money. Bitcoin is, for example, you need to pay for a large amount of money and you don't have cash with you, you can pay through bitcoin.
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February 12, 2018, 08:20:10 AM
 #1302

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
because gold is better with many uses, not only in the transactions in the shops or whatever but gold is good to the eye of people, but this time, bitcoin is better too because of its price and expensive secured digital currency and it is easy to use now and it is popular to other people.

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February 12, 2018, 08:31:09 AM
 #1303

Because almost all the countries have gold reserves and this shows they still believe in that element.
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February 12, 2018, 08:51:57 AM
 #1304

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
because gold is better with many uses, not only in the transactions in the shops or whatever but gold is good to the eye of people, but this time, bitcoin is better too because of its price and expensive secured digital currency and it is easy to use now and it is popular to other people.
People says Gold is better than bitcoin because the value of gold is stable while in bitcoin its fluctuating it will rise or fall.But I wonder why other people says gold is better For me ,bitcoin is better than gold because bitcoin has a capability to earn money and help those less fortunate ,bitcoin offers a lot of opportunity in order to have a good lifestyle while in gold i never heard like that.
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February 12, 2018, 08:52:49 AM
 #1305

I do not know why they say gold is better than bitcoin i think they dont know the difference between gold and bitcoin.It was almost a year before the concept of high value in digital currency was approved by the people in the transaction. Gold has a longer cognitive process than BTC
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February 12, 2018, 08:58:45 AM
 #1306

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
Easiy to turn btc to a cash you do not need to spend btc directly. why people says gold is better? Rather I choose to say Gold is safer, not that much of fluctuation on gold rate but this brings the profit, the risk that you get on trading with it.

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Ozan9
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February 12, 2018, 08:59:48 AM
 #1307

Gold is more previous than BTC because you can not see any decreases on gold,and  in these days BTC is decreased and maybe it will countinue to decrease. BTC is more risky.
mest
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February 12, 2018, 09:15:26 AM
 #1308

in my own maybe people say that gold is better because gold is a 100% safe and gold has a stable price. also people value gold for different reasons like always said it is 100% safer. the only reason why people says gold is better.thankyou
Hexon
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February 12, 2018, 09:34:59 AM
 #1309

gold commonly used as a store of property value, because gold rarely decreased. Unlike the Bitcoin which is like any other transaction instrument that experienced a lot of value correction. Ordinary parents describe gold as a means of investment to remain rich, and stocks / properties / and others include Bitcoin as a means of adding value to wealth.
jpurusa
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February 12, 2018, 09:40:49 AM
 #1310

Some people says that gold is better than bitcoin because gold has an underline asset. Besides that gold has been generally accepted in the world.
While bitcoin now is still controversy.Some countries like Japan receive it as legal business  and its price is not stable. Someone who invests in bitcoin will face high risk in his investment.
wowbit123
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February 12, 2018, 09:41:22 AM
 #1311

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
Every people have own opinion,  yeah some people say gold is better.  But it depends on people what they are believe. But for now gold is so very expensive unlike bitcoin everyone can own it but it depends on you how to handle your bitcoin. Just be responsible.
michael shikany
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February 12, 2018, 09:55:52 AM
 #1312

I think maybe just because gold can touch.
The intrinsic value of bitcoin is much greater than that of gold, which is digital gold, and bitcoin has the same safe-haven function as gold.

Betheng10
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February 12, 2018, 10:19:42 AM
 #1313

Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

Barter system was used before. People trade from one good to another until gold coin were used. There's no specific time in history were it was formally used. Then they used coins, traders used as it is easier to carry and kept. Can you imagine bringing a cow miles away to trade for spices? Smiley

like bitcoin, gold was a innovation back then, and it will take a long time before bitcoin overtakes it from the economy.

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February 12, 2018, 10:40:22 AM
 #1314

I think maybe just because gold can touch.
The intrinsic value of bitcoin is much greater than that of gold, which is digital gold, and bitcoin has the same safe-haven function as gold.

People say gold is better it is because the value and properties of gold is forever, in tmes of crises ,calamity, or even war gold is powerful as medium of exchange for survival of the needed supplies. In other part in this modern technology where digital exchange is being use. I can say that cryptocurrency favorable than gold because bitcoin is profitable and grow to a higher value compare to gold.

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February 12, 2018, 11:09:37 AM
 #1315

gold is valuable asset but Bitcoin is fast growing limited supply asset so Bitcoin is digital gold
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February 12, 2018, 11:12:53 AM
 #1316

Pretty pointless comparison in the first place, and since people tend to have their own priorities without budging from them it's simply easier to let those vouching for e.g., gold have their go at it. You're not in the losing end anyways, so why worry? Gold is a bad investment anyways, and that's why not even the people owning gold consider it one in the first place.

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February 12, 2018, 11:38:32 AM
 #1317

Gold is a valuable metal, the purpose of gold is different from that of Bitcoin. gold is less suitable for use as a payment method except you visit a pawn shop because the supermarket does not have the equipment to know its value. gold is used as a store to our wealth and protect it from depreciation and has a stable price. this is why people say gold is better
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February 12, 2018, 12:24:06 PM
 #1318

Because almost all the countries have gold reserves and this shows they still believe in that element.

Those 5 kilos Gold bars  Wink
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February 12, 2018, 12:33:55 PM
 #1319

may be in terms of security invest gold safer, because bitcoin very vulnerable stolen by hackers.
gold has the price is likely to stable than bitcoin, and factors this is what makes gold is preferred.
and it long-term investment, I prefer the gold as the price they tend to ride although not as bitcoin.
and gold has a picture as an ancient investment so many people are choosing gold, unlike the bitcoin that the last few years exploded.

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February 12, 2018, 12:38:30 PM
 #1320

Maube because they don't know what bitcoin us and maybe they didn't get the benefits that they must have in bitcoin
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