Fappanu
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December 02, 2017, 04:10:32 PM |
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In my country, most people still prefer to use gold because Bitcoin is not widely developed in my country but if the government legalizes Bitcoin I am sure Bitcoin will be widely available in my country.
Bitcoin is not a guaranteed investment because if it crashed all our money invested on it will likewise vanished. There is no security as to the money we put in bitcoin as itnis not backed up ny banks or agency of the government. Whereas gold has been around the earth for many years and it is widely accepted and named as one of the sure and strong investment.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Sofiyah
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December 02, 2017, 04:12:19 PM |
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why gold better? because they see it and hold it and wear it, and they know the price of gold will remain up to the next few years, and certainly gold will be in need for many years. so they think gold is better because they see the physical and know the price.
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GeePeeU
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ASK
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December 02, 2017, 04:12:52 PM |
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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 typical investors like consistency. When your used to 0.3-3% fluctuations, 3-30% seems insecure and stressful.
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Turkish88
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December 02, 2017, 04:16:05 PM |
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I think because gold have zero risk's to be scammed. Gold guarantee profit, low profit but guaranted. In most cases this is a old scool investors
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Help to Ukrainian citizens ETH donations adress - 0xe23CB47AC32F0b8750d4D0Dd4e160Fa6F8fF30EF
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sclmte
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December 02, 2017, 04:22:15 PM |
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Gold is a valuable metal, you can trade gold in every country and gold can be make into jewellery and other things, gold has been existed for a very long time and atill consider as one of the valuable things by all people, this indicates that gold is very suitable for a long term and there are not many fluctuations in gold, the rising is very stable
Because it is proven that gold has a year history for a long-term store of wealth, while bitcoin is still experimental. You can wear gold, and it has never been out of fashion. Hard to tell in bitcoin because it's just new. And many people think bitcoin is clearly in a speculative bubble.
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TerranceBug
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December 02, 2017, 04:24:54 PM |
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I’m my opinion, gold is better ts multi-purposeful use in economy. With that I mean it’s usage in electronics, cosmetics, jewelry and even in luxury food such as champagne or ice cream.
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handini
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December 02, 2017, 04:30:22 PM |
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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?
according to them gold is better than the bitcoin, because they have not understood the actual bitcoin. that bitcoin has been proven, but they still do not believe it. requires a process also possible to be believed by many people.
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Etoasiatsxxx
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December 02, 2017, 04:38:21 PM |
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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?
The gold is really better. Because it plays a vital role in our world. This is because the first money used in ancient times.
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Kezio
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December 02, 2017, 04:40:14 PM |
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To be frank, gold was considered from it's early discovery to have a greater trading value than any other resource and slowly but surely it became the standard let's say "tool" which gives coverage value for any and all transactions. In short it's the backup for all physical currency which flows through the global economy. Without its coverage, any other forms of currency become worthless.
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faithupgrade
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December 02, 2017, 04:41:04 PM |
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I am a Bitcoin lover. But gold is better than bitcoin. Blockchain will passed away it might be replaced by another system someday. Gold will stay forever. In heaven theres gold.
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ModaFuka1994
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December 02, 2017, 04:43:59 PM |
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I think there are a lot of reason why gold still better than Bitcoin - Gold can be used worldwide and it's legalized worldwide too, - Gold is not only used to trade like Bitcoin, Gold also can be used to make jewelry - Gold can be used without internet but Bitcoin is not. - Gold has existed and been used to trade for hundreds years but Bitcoin has existed for about 10 yrears There are some reasons that I know hope it help
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yohan09
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December 02, 2017, 04:47:14 PM |
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The majority says Gold is better because it is already tested by time since at the earliest civilization until present. It proves Gold has established solid market value globally, Anywhere in the world Gold shows significant assets by human race.
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rddsd7
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December 02, 2017, 04:47:47 PM |
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the only PROS in gold is that it is non-volatile. BTC is far more richer
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heppot
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December 02, 2017, 04:53:41 PM |
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gold is not better than bitcoin, but if you think gold is for saving money? the answer is right and true because gold not make you have any risk to own it and invest in it. but bitcoin is better than gold for investment because you can gain more and more profit from trading or even mining.
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shiv06
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December 02, 2017, 05:01:47 PM |
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Gold is better than bitcoin because gold is stable, gold is mostly used make jewelry, gold can be used without internet and bitcoin is unstable because it digital currency, Bitcoin work only internet . but i believe in bitcoin many people like bitcoin and investment in bitcoin and earn profit.
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snipetr
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December 02, 2017, 05:03:07 PM |
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Bitcoin is beneficial that gold in terms of investment and returns safety and control. But still many peoples prefer gold, it is due to traditional thinking they have. Investment in gold is conventional way of investment and going further for next many years, because of its secure returns. Still now many peoples have doubt about security of bitcoin and hence they prefer gold rather than it.
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Md Faysal
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December 02, 2017, 05:03:47 PM |
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Gold is better. It has a more steble market value which lessen the risk on investing into it and that's huge on an investment. The price of gold always increase with time. Gold is also cash.its demand is much more.gold are more safe and easy
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Perseusallen
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December 02, 2017, 05:11:41 PM |
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Because people nowadays thinks te thought "to see is too believe" so they probably pick gold rather than bitcoin. Its just so simple we wouldnt need any frthur explanation for that. Its just like that.
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warrior333
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December 02, 2017, 05:13:23 PM |
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Bitcoin is beneficial that gold in terms of investment and returns safety and control. But still many peoples prefer gold, it is due to traditional thinking they have. Investment in gold is conventional way of investment and going further for next many years, because of its secure returns. Still now many peoples have doubt about security of bitcoin and hence they prefer gold rather than it.
Gold is a more reliable asset. You can't help but agree with the fact that gold does not lose its value for millennia. It is a reliable asset. Bitcoin is a novelty. We don't know what will happen in the future. Bitcoin pumped a large amount of speculative capital. This makes it very risky.
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PradyumnaKatariya
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December 02, 2017, 05:15:39 PM |
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Bitcoin is beneficial that gold in terms of investment and returns safety and control. But still many peoples prefer gold, it is due to traditional thinking they have. Investment in gold is conventional way of investment and going further for next many years, because of its secure returns. Still now many peoples have doubt about security of bitcoin and hence they prefer gold rather than it.
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