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Author Topic: Why people says gold is better?  (Read 11631 times)
alroys
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March 23, 2018, 02:32:02 PM
 #1861

I think people who say gold is better are those people who just know Bitcoin, or those who do not believe in Bitcoin. but if they already know about Bitcoin, then they will argue otherwise.
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March 23, 2018, 03:00:17 PM
 #1862

For me gold and bitcoin are both better because they are both profitable,but to compare them gold is real and can touch it while bitcoin is not because it is a digital items to invest  and wait for the right time to gain a profit.
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March 23, 2018, 03:29:14 PM
 #1863

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?
For me, there are some cases that gold is better than bitcoin and bitcoin is better than gold. Also, it depends to the country you are in because there are some countries that do not support bitcoin. In my own opinion, bitcoin is better than gold nowdays because its more useful than gold.
Well, gold is the real-world asset as compared to digital asset bitcoin. People often consider gold better than bitcoin since its value is quite stable and less volatile. But I prefer bitcoin over it since through it one can easily manage to get a higher amount of profit due to its great volatility which gold hardly offers...
willnotwas
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March 23, 2018, 03:30:35 PM
 #1864

Gold has been a reliable store of value for many centuries. Gold served as a safe haven, a refuge, a way of storing wealth, and laundering / hiding money from the government throughout history.
Hotel_Prodeo
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March 23, 2018, 03:45:23 PM
 #1865

This is because gold is the size of wealth and become the most popular investment, everyone knows gold even have gold while bitcoin users is not more than 2% so if we ask people about bitcoin and he does not know then do not get angry.


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March 23, 2018, 04:08:58 PM
 #1866

it is changed in the past people were believing that gold is universally acceptable asset and stable in the world that’s why people become very attached with gold. in the modern time people are saving their money into the investment and they are earning good amount on this investment.

I think people say gold is better. Because the price of gold is not volatile ,always remain stable in the high level compared to bitcoin price is very unpredictable. But in real world today if this people know about the reality between gold and bitcoin. I think they choose bitcoin is better than gold. Because bitcoin is universal in any kind of transactions. Unlike gold is very depended.

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joebrook
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March 23, 2018, 04:11:42 PM
 #1867

This is because gold is the size of wealth and become the most popular investment, everyone knows gold even have gold while bitcoin users is not more than 2% so if we ask people about bitcoin and he does not know then do not get angry.
Because unlike Bitcoins, Gold is a less volatile asset and it is very stable that's why Banks and almost everyone buys gold so that when their investments are not tanking they can fall back and rely on that because the value of GOLD rises stocks and economies normally crashes.

 
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tamarindbleu
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March 23, 2018, 04:17:54 PM
 #1868

Gold is the stability confirmed in the millennia. But gold will hardly manage to be used for receiving profit similar to bitcoin. Gold - for storage, Bitcoin for receiving profit.
For me there are still people said that gold is better because the price of gold is more stable compare to the price of bitcoin and some people said that gold is better because it is tangible compare to bitcoin, but for me there is no doubt that bitcoin is better and the future of bitcoin is more bright.
Etherlevis128
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March 23, 2018, 04:19:22 PM
 #1869

Gold is use in old times in trading. Because it high value and price. They can not accept gold now because no one using it as money or currency.

The gold and the bitcoin both of them are currency and have different each other. To have the gold or bitcoin, we need to mine it.  We can use the gold all over the world. Some places in this world the bitcoin is illegal. The main difference of each of them is the value.  The value of the gold is stable but the bitcoin is unstable, but then the price of bitcoin is higher than gold. All the person in this world can mine the bitcoin.
No doubt i will always choose Bitcoin over gold because it makes you take advantage over the margins and profit in the interim or long term and that comes with huge risk but gold comes with low volatility and less risk and so depending on where each of us is coming from you can opt for either of them but from my point of view I'll opt for Bitcoin.
Apiapik
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March 23, 2018, 04:19:51 PM
 #1870

Because they do not know about bitcoin. So they only rely on gold alone.
If only I knew about bitcoin, I'm sure they would never buy gold for investment.
Unless they need to be ornate.
Martinkuhn
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March 23, 2018, 04:52:09 PM
 #1871

Gold has been the accepted storage of value for the longest time so everyone believes that it will continue to maintain its place in society.

But bitgold is slowly eroding Gold's position and we will see crypto as the new storage of value..

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burdagol12345
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March 23, 2018, 04:53:54 PM
 #1872

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?
Will every people have different opinion,between bitcoin and gold,while other saying that they are in favor with bitcoin,and there also people who love in gold,therefore  i can say some people like gold because its is the real main aspect or characteristic  of money,because gold is a wealth that you can inherit with your family when you grow old,it is the only treasure that have a great value and physically touch different to transparent asset.
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March 23, 2018, 04:55:08 PM
 #1873

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?
I know it’s true that bitcoin has defeated gold in terms of prices and also has gained a lot of popularity and trust among the people but still I do believe that  Gold is better than bitcoin this is because firstly, gold is a physical form of currency and has a physical entity whereas bitcoin is just a digital form of currency. Gold is way more popular than bitcoin and has way more users than bitcoin. Gold is excepted everywhere where is bitcoin is not excepted everywhere. Gold is Trusted by people where as many people don’t trust bitcoin with their money.
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March 23, 2018, 05:19:47 PM
 #1874

Because gold is an instrument of investment from long time ago and gold is shaped physically unlike bitcoin in digital form, so that's why people still worrying if the internet does not exist anymore then their bitcoin assets will be lost.
Beside that gold is still used generally by several factors such as accessories for women, the use of electrical conductors by companies, and future storage assets of some people.

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March 23, 2018, 05:30:24 PM
 #1875

People say gold is better because of 2 things, first and most important is that over the centuries people have treated gold as superior and faith in gold is on top till this date and second due to its qualities like no matter how old gold you have it will still retain its value in the market. currency tends to affected by inflation but gold will grow stronger over time.
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March 23, 2018, 05:34:03 PM
 #1876

A more stable price is a consideration for many people to say gold is better than bitcoin, and I think this is fair because we must admit that 100% of people in this world receive gold while bitcoin users are still unclear because there is no exact data.
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March 23, 2018, 05:47:05 PM
 #1877

 I understand why some people say that gold is good This is because they do not know exactly about Bitcoin Gold is true because they believe in gold, that
means they can see the benefits of their nails eyes. Different types of gold with this kind of Bitcoin.
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March 23, 2018, 05:52:31 PM
 #1878

Gold is good but I would say it is not better than Bitcoin. People will choose Bitcoin through investment, payment, and other transactions
In the future, people will say Bitcoin is good. Gold price is stable. Gold can save good resources. So people think gold is good.
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March 23, 2018, 05:59:36 PM
 #1879

Now everyone says that gold is better than bitcoin, but with increasing users I'm sure that someday everyone says bitcoin is better than gold, if bitcoin price can reach $ 1 million then bitcoin is better than gold.
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March 23, 2018, 07:44:34 PM
 #1880

It is because gold is a guaranteed way of collecting values. It has been working for thousands of years. so people are aimed to trust gold instead of paper cash or digital moneys. It is quite natural and they have a reasonable point to say that gold is better.
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