Why people says gold is better?

[bitfocus]

Everybody knows that Gold is a very precious metal that has limited supply, worldwide acceptability, and gold assure kind of instant liquidity. But Bitcoin, offering the same and more features, seems less popular to some age range or some people as they have no idea about Bitcoin, but the next generation will grow with Bitcoins in a Bitcoin/Crypto Economy

[Xenoph0bia]

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 think gold will never be equal to bitcoin because the price of gold is very volatile and gold may fall, causing the seller to suffer a loss of capital, but for bitcoin is not so bitcoin prices fluctuate. But it will increase again soon so I disagree with the idea of gold better than bitcoin.

No gold is no way better than bitcoin.Bitcoin is on the top of the list of all cryptocurrencies and altcoins.Its price is way above that of gold.Since gold is stable so the prices of gold cannot grow any further.But bitcoin is volatile so its price keeps on rising day by day.Gold is an asset.If we save gold for future,our profits will be very low.But on the other hand bitcoin gives huge profit returns in a very less period of time.That is why investers prefer investing in bitcoin rather than gold.

[SummonKing2]

Gold wins out over cryptocurrencies when assessed on the majority of the key characteristics of money, according to Goldman Sachs Group Inc., which adds that fear and wealth are the core drivers of bullion.

[reingelz09]

for me the only reason why gold is better than bitcoin is gold has touchable, you can wear it anywhere you like. like jewelries. with regards to security gold is more secure than bitcoin, you cannot easily robbed a bank and get 1 sack of gold bars but you can hack an account having bitcoin worth the same as 1 sack of gold bars.

[Mjeramirez]

People who says gold is better maybe because it is a physical material where you could actually see and touch, this gives them a sense of security with their investment, bitcoin on the other hand, when we look into their perspective is just numbers in your account. For me I believe that bitcoin has surpassed gold, bitcoin is more profitable investment, you can use it to buy products and you can transfer it anywhere in the world no matter the amount. Gold just can’t do that.

[cryptotask_support]

Only because they can see it. So they have some kind of false belief that nobody can take it from them.

[Choii]

Only because they can see it. So they have some kind of false belief that nobody can take it from them.

I agree, and also i think the reason why because didn't know what exact value or purpose of bitcoin. And for me bitcoin is better than gold, because if you can see the market of bitcoin is higher rather than gold, so if everyone wants to invest, bitcoin is better

[Harley29]

because they not know about bitcoin . if they are know about bitcoin, i'm sure they will choose bitcoin is better than gold to investment in long term

May gold is helping them in their future but I don’t think so gold is better than bitcoin if you want to sell bitcoin so it will always give you a very good profit and it will never give you lose but gold is totally different then bitcoin if you buy gold today and then want to sell on next day so there will be a deduction from it so I don’t know how other people are saying that gold is better than bitcoin I respect the view of other people but I want to know that how.

[Rosilito]

It is indeedly better than bitcoin. Talking about the acceptance of both side, definitely gold is accepted by all countries but could not be use as a payment though can be converted for a large amount of money while bitcoin is not even accepted by some countries to the point that it dosn't value to those countries. Talking about its value I have no idea whos much better between the 2 but the talk is not about its value it is about the benefit it brings to the people who use. In some other point, bitcoin can be better because it is accesible but you cannot use it if it is not accepted in your country while gold can be used but rarely to find.

[Spoetnik]

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?

Nobody is accepting gold because it is not a currency but it an asset where its value increases as the time goes by.  In lieu of this, people see it as a good investment.  It is true that they cannot use gold as a payment but when you sell it in the market, the corresponding value worth a lot of money.  In that way, bitcoin is like gold.  Even some store accept bitcoin as a mode of payment while others do not, if you convert it into cash, its value also worth a lot of money.  Therefore, bitcoin is a new face of gold because it is a digital gold.  So, we should not compare the two because both are convertible to cash and good place of investment.

As usual there is a stream of noob accounts parroting the same wrong information.. even after i posted the correct answer.
I think you are account farming / post count padding etc.
You simply want to post what the last guy said with the usual broken English with 3 post noob accounts.
Problem is what the last guy said is often not correct.

I am not trying to be mean or anything but "cryptoz" really is the pinnacle of stupidity on the entire internet.
And no other place has users with such a weak grasp of English ..speaking in the English section.

Anyway i pity people taking anything said here as worthy advice (unless it came from Spoetnik of course)

So to set you straight and correct the last dozen noobs posting bullshit i will as i always do re-post what i said earlier but in a different way.
Hopefully your poor English skills can disseminate a shorter version.
And no i am not trying to be patronizing either.. you all simply ignore anything that is long in length.
Is it Twitter ADD brat syndrome or simply the inability to comprehend English well enough to grasp the meaning ?

So listen up kidiots & Investards..  

- 78 percent of the yearly gold supply is made into jewelry.

Get it ? It means that no gold is not used as a commodity.
And yet still to hammer home the point.. Other industries, mostly electronics, medical and dental use more of it than financial institutions etc.

So there you go.. you have been corrected by your King of FUD Spoetnik.
Your welcome.

My advice is people refrain from taking financial advice from Lolcats.com.
Broken English mush mouth idiot children pajeet investard profiteers will likely not steer you in an intelligent path.
Not like what i said matters though because their ADD circle jerk is unbreakable.
They will not read what i said and the rest are probably scripted.
So i hope the real users out there recognize the sheer idiotic faggotry that goes on here.

Yup.. Bitkoynz are greats becauze i needs my first pair of shoes in India and i aemz 14 and knows thinks !!!

Note: Shoe ownership is a big thing in many countries.
And it's fueled the rise of Bitcoin.
Buying pajeets one shoe at a time around the world with scammy BTC dust shenanigans since 2013.  

It is indeedly better than bitcoin

yup.. "indeedly"  

[retnoanjani]

there is one of the advantages of gold that is not owned by bitcoin. namely real value and has a form, thus giving people a sense of trust. then why not be used as currency? of course it would be difficult to break it down in small numbers. another case with bitcoin that can be used in small fractions, then bitcoin can be used as payment.

[josephpogi]

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 because people didnt know about crypto this is the sad truth if they know all about it i think their mind will become change because the valuebitcoin surpasses the value of gold so its more goof to earn or hold the bitcoin than gold.

[EdfuJihad]

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 can be real coins Bitcoins cannot be real coins; it can when it was exchanged.
But if you think it through Gold can be a jewelry necklace or even in circuitry like
ICs(Integrated circuits) and it is currency throughout the ages. Gold is somewhat the
founder of transaction and civilization of old times. Cryptocurrency are born in the
midst of transactions.

[bebejhen]

Maybe they think gold is better because first and foremost gold is tangible. You can see it in your very own eyes, you can touch it so people believed more into it. People used to believe in what they see. For example, people don't believed in ghost unless they saw it in their own eyes. Sometimes, bitcoin is hard to explain or share to your colleagues. They will not understand it easily. They will think that this is just a scam or whatever.

[The Sceptical Chymist]

Eh, gold is about as lousy an investment as you can buy right now.  The price has been flatlined for years now, and at present it's actually dipping significantly.  Now compare that to bitcoin, which has fucking exploded vertically like a SCUD missile.  There is no comparison.  

Bitcoin is in the midst of a raging bull market that so far has shown no sign that it's going to stop.  Gold is stuck in the mud and sinking, and it'll probably stay that way for decades.  But there are goldbugs who swear that gold is the only investment you should make, because it's real money, it's an inflation hedge, and all this blah blah blah.  

If you look at articles on coinflation.com, they all repeat the same mantra, over and over--and it's complete bullshit.  Right now I'll take bitcoin (even dogecoin) over gold any day of the week and twice on Sundays.

[Spoetnik]

@The Pharmacist
First off i am amused you are still supporting Doge coin  

Anyway..
You make a fair point overall.
But you are skipping over the context.
Bitcoin is with out question a bubble and Gold is stable.

Gold has real uses.. Bitcoin does not.

Gold is associated with a variety of critical uses such as the teeth on that GPU you shove in your motherboard.
Crypto is known as ICO shit storm bullshit fer teh ROI'z.

I can hold Gold in my hand and Bitcoin ?
And what happens if and when there is a power outage and or internet outage ?
Bitcoin is then worthless.
Gold is still in your hand.

Fantacism about a virtual token is understandable but i disagree with your point where you say it has no signs of letting up.
It will !
Anyone who thinks the price is just going to keep rising forever is an idiot.
You all know it too and are watching and hovering over the dump button because you know Spoetnik is right as usual.

You all love to forget the context.
Crypto in a nutshell is scammy greedy bullshit from immoral assholes and brain-dead idiots and children who don't know any better.. and old school stock market players now taking over.
That is the situation we have here.. THAT is what you are investing in !

Crypto is a joke.. a bad joke.
The best you will find from anyone around here opinion wise is "Greed is good".
Coming from veteran users using noob accounts because they are hiding from past shenanigans (for profits)
The highest level of morality you will get out of our resident crypto-saints is..
They will parrot what i say about ideology etc and they will say oh well fuck it profit from it while you can.
They say what i say.
I live it.

I as always have reminded you all the moronic drivel you spew is irrelevant.
What is.. is.
Astute people out there can see that most of these kidiots are young and can't speak English and have no knowledge about history in crypto or economics etc.
They know they are patsies and the people out there will survey this all and see what i see then choose to either avoid this crap or join in exploiting the investards.. for profits.. real money profits.
The crypto cult rabble posted here is transparent though.

So ?

Why do people say Gold is better than a fucking Pyramid scheme ?

Because ANYTHING is .

[fempat]

Gold is stable in price while bitcoin is not. And also gold has been in use for a very long time while bitcoin is still new. We are still trying to get the hang of it; and anything could happen. It could result in great loss of money if care is not taken.

[Spoetnik]

Gold is stable in price while bitcoin is not. And also gold has been in use for a very long time while bitcoin is still new. We are still trying to get the hang of it; and anything could happen. It could result in great loss of money if care is not taken.

Profit must be realized.
See what i am saying ?

Plenty of people out there ARE waiting to take their profits (back to FIAT)
They will need to dump.
Everyone playing in a casino has to leave and go home eventually.

It is not a "risk" it's a concrete fact.. there will be dumping.

[sarjilcse]

Actually it is all about physical and metrical  matter ! Gold is not financial things that you can buy or sell something via it.
Gold is a chemical element with symbol Au and atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element.so that people only use it for beastliness. hehe 

[supmanling]

In fact, the most important difference is that gold we can see the big kind, and BTC is just a string of code, many people do not understand or have not been exposed, so more believe gold...