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Author Topic: Why people says gold is better?  (Read 11628 times)
Psalms23
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March 05, 2018, 02:15:02 PM
 #1661

People are just looking at the stability and security of gold. Many are taking into account the tangible physical nature of gold against bitcoin which is just a virtual currency that could be lost instantly. Another thing is the volatility of bitcoin, never in history does gold drops half the price since the time it was considered valuable, unlike bitcoin that is very shaky, rising 50% then dropping 50% 2 months after. We cant really blame those who don't really understand bitcoin and the risk in investing one.
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ShiroThe5th
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March 05, 2018, 02:18:09 PM
 #1662

It is partially a nostalgia that's dates back to the days fiat currency was backed with gold. People long for something physical to represent their monetary success, and it used to be symbolized by a shiney yellow precious metal called gold. Old habits die hard, gold brings back memories of the old days and comforts people in the sense they have something physical to represent their efforts. Bitcoin is the future.
Rdrrakel
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March 05, 2018, 02:20:26 PM
 #1663

They says that gold is better because the can touch their gold investment. Can you touch your btc?  Grin That's the thing.
popoyuyun
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March 05, 2018, 02:24:04 PM
 #1664

Gold is better because it has a physical form, while ICO is only a virtual asset. So humans prefer a more realistic thing. Gold has also existed since antiquity and has become one of the luxury goods owned. Gold also has a good price and stable to make investment
medha2009
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March 05, 2018, 02:34:31 PM
 #1665


I think Bitcoin is much more valuable than gold because Bitcoin is currently using people as a digital currency and it is used by small people while shopping. That's why we think it is more valuable than gold.
Harpawan
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March 05, 2018, 02:36:10 PM
 #1666

For them, maybe gold is better or more profitable.
Because they do not yet know what bitcoin is.
If they know about bitcoin, I'm sure they'll be turning around to infest the bitcoin.
Indeed, gold almost never experienced a price reduction. But even if the price goes up, its value is not how.
henjhou
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March 05, 2018, 02:41:32 PM
 #1667

Gold have a value since long time ago, we know gold can make jewelry and some prople use gold for investment.. while i mean is a safety choice for investment because all we know gold value slowly can higher.
ar72
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March 05, 2018, 02:44:36 PM
 #1668

Gold and btc...
Everyone knows gold, bitcoin? No
Gold can be had phisically, bitcoin? No
Gold is legal everywhere, bitcoin? Not yet
We can use gold for payment everywhere, bitcoin? Not yet
I don't understand the question yet.
Better... what is the context?
rmel0924
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March 05, 2018, 02:46:59 PM
 #1669

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?
Gold is better for them because that is the only thing they knew and one thing gold is the sure investment that gives real profit for them and for some who did not really believe in bitcoins.
Sunnyyy
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March 05, 2018, 02:47:11 PM
 #1670

I think many people choose gold investment because it is quite stable and very safe. The value of gold will increase over time. Bitcoin value is not stable. Bitcoins are virtual currencies and are high in value, so many people will feel anxious because they are afraid of the risk of investing in it quite high.

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cloudbleron18
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March 05, 2018, 02:50:36 PM
 #1671

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?
Maybe they says that gold is better because they really dont know yet what is bitcoin or maybe gold is much important thing for them.for me as a bitcoin user I must say that bitcoin is better because this is the only way to source an income so that I can support the needs of my family as well.but we have our own opinion about this so lets just respect to each and everyone opinion.if gold is better to them and bitcoin for me,then theres no problem.

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Spades77
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March 05, 2018, 03:07:00 PM
 #1672

I think the reason why some people still says that gold is better because it is tangible, we can never underestimate its value and worth. Plus it can serve a lot of functions like, jewelry, accessories, even electronics. It still has value that doesn't depend on electricity or internet. Even in dark times like war, gold remains  its great value that you can trade in or use for purchasing.
Andalusy
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March 05, 2018, 03:10:13 PM
 #1673

Some people says that gold is better in my own opinion we cannot compare the two because they both different gold is physically present and we it is indeed valuable. Bitcoin is a crypto currency that we cannot see or hold it is stored in different kinds of wallet it depends on the person the value of Bitcoin now is truly remarkable that lots of investors definitely earned a very good profit already with the current value
Rupok
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March 05, 2018, 03:26:46 PM
 #1674

I do not think that gold is better than Bitcoin.The opinions of each person are different.Someone thinks Gold is better,but someone thinks Bitcoin better. It seems to me that the price of Bitcoin will increase, so that the price of gold will not increase.And those who have no idea about Bitcoin, it is natural to have gold batter.

plasmafrog75
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March 05, 2018, 03:31:10 PM
 #1675

I do not know why they say gold is better than bitcoin, while bitcoin transactions are spreading in their midst.
My speculation, maybe they do not know bitcoin or do not know how to use bitcoin, when in fact they admit that bitcoin is better than gold.
We now see Bitcoin as a developing currency among developed nations, but people think that gold is better than Bitcoin because Bitcoin is very volatile and a sign of recovery is difficult. Many people think that Bitcoin can end at any time so they are afraid.
bitcon
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March 07, 2018, 10:11:02 AM
 #1676

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?

Gold and bitcoin are similar in some extent. And I think that gold seems to be a better means of investing and storing funds because people are used to this precious metal. With the time Bitcoin will be more and more convenient for users.
MrZ28s
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March 07, 2018, 10:15:41 AM
 #1677

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?

Gold and bitcoin are similar in some extent. And I think that gold seems to be a better means of investing and storing funds because people are used to this precious metal. With the time Bitcoin will be more and more convenient for users.


Gold is looking solid and more secured as per history itself says. But talking about bigger opportunity in the field of investment then surely bitcoin is miles ahead than a stable and old gold.
Ozan9
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March 07, 2018, 10:22:16 AM
 #1678

Gold is better because you can not see any drops in gold. Gold is always increaaing but BTC’s instant rate is higher than the gold;so , you can make more profit by trading BTC and altcoins. But if you have more money , you can increase amount of your money with gold in a long term. It is not risky as trading BTC.
dvillier
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March 07, 2018, 10:23:12 AM
 #1679

Gold and bitcoin are comparable in some degree. What's more, I feel that gold is by all accounts a superior methods for contributing and putting away supports since individuals are utilized to this valuable metal. With the time Bitcoin will be increasingly advantageous for clients.
harimauagam
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March 07, 2018, 11:44:38 AM
 #1680

Maybe gold price can be higher than we buy cheap because gold is season season that only exist in market and also gold we can save until when we want when high gold price there we will sell it.
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