Why people says gold is better?

[CurrencyMaster]

Bitcoin was only emerging in recent years. 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, and BTC is not widely available at the moment, perhaps with time to prove it all.

i also agree to this.. but with the recent hikes in btc many are still tensed about the rate drops as well

[Ian Dave]

No, I don't agree with that because gold is hard to find but Bitcoin is easy to find. You can get a Bitcoin money through this site and your ether wallet. You can exchange the Bitcoin into real money, so that you can buy anything what you want. But, that's my only opinion.

[100kk]

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 a time-tested asset. Bitcoin is an innovation, it takes the first steps, so there are not so many people who trust it 100%.

[yourialfa]

Gold is better because gold is more stable than bitcoin. And also gold is definitely in legalkan government. In fact bitcoin still not supported and in legalkan in every country. But if the matter of investment I think bitcoin better because he can increase quickly in appeal with gold.

[blckhawk]

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 the reason is they saw that bitcoin is more stable comapared to bitcoin yet it is trustworthy if you invest upon it unlike bitcoin is volatile, no one knows whether to fall or rise. But they don't that what bitcoin makes more better compared on other asset. Gold is guaranteed so they still choose it because no one knows if bitcoin will last for a long time.

[icecream sandwich]

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 gold is better in a way that they will never be out of style because they are not artificial just like bitcoins it can never be made ny man because gold is a natural thing and bitcoins can be hacked or can be replaced by another thing but gold is just a nature wonder it is a minerals that pnly earth can provide so if bitcoins is not that popular gold will remain the same. And if gold is goin to lack the price will start to rise.

[bitzizzix]

Gold is looking better than any other things. Mostly peoples are going with gold after diamond.

true, and bitcoin is NOT looking at all

If judging from sight is true gold can be seen and shaped and bitcoin is invisible but valuable, I think gold is better than bitcoin in because gold is precious precious metal and can be called as enduring natural wealth and gold already exists from the times of cruelty and still valuable even though not as high as bitcoin but has a stable value and fixed the high value. bitcoin is present only a few years ago and prices are rising recently too and no one can predict it for the future and will likely go down unlike gold which has stable prices and values. but my advice is better to earn money from bitcoin by way of investing or the other and the result is partly bought as much as possible to save or whatever it is.

[randal9]

I think that people in whom much conservatism consider gold better...because all the same there is a possibility that bitcoin can collapse...and gold will always remain valuable...

[gamalzour]

people trust gold, because that's what they are sure, they have a lot of experience associated with gold and a minimum of risks...and the cryptocurrency is a fairly new technology and not everyone is ready to appreciate it

Who says gold is not good. Yes I think everybody will agree that gold is good but if you are comparing it with bitcoin then it’s something that has no logic’s think there is difference between gold and bitcoin. Gold is good in case if someone wants to reserve ones assets that will not generate a decent profit but bitcoin is a type of business which not only restores your money but also give a decent amount of profit.

[Sithara007]

One of the main reasons may be the lack of legality. Here in India, the government has been harassing the Bitcoin users for quite some time now. The latest tactic is that they are saying that they will charge the Bitcoin users for destabilizing the local economy!!! Imagine it. Criminal case slapped against you for refusing to use the national currency. Just ridiculous!

[keykey1]

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?

This is the question of the time. Within the time people will began to understand that digital currencies and first of all Bitcoin is a good, stable and relible way of making investments and holding its savings.

[marsmyname]

They say gold is better because the have biggest value as long time is moving the value is going up but is so hard to find gold now i orefer bitcoin

So, you're stating that it's much easier to get Bitcoin and that is why you are purchasing Bitcoin?
Doesn't that mean that the demand for Gold is much higher than the demand for Bitcoin? That would mean that the price of Gold would go much higher than the price of Bitcoin if people decided to get serious and purchase it.

Gold is a much safer investment because it could be an item that can get spent even if the USD price was labeled at $0.00 per Gold oz. It could be used for material and it's exchangable.

Bitcoin is best crypto its profit rates are very impressive as compared to any other altcoin and more of it, bitcoin defeated gold and now gold investors are willing to invest into bitcoin because they see long term profit in it, bitcoin is now discussed everywhere its popularity is gaining to next level every day and this shows how it will be used by whole world, gold is now stable and now after getting addicted to bitcoin no one care about gold.

[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?

gold is an asset of wealth that can be stored from the beginning, long before the existence of bitcoin, therefore people obviously prefer gold, and everyone is familiar with gold, but bitcoin is still considered to be percussion by people, besides gold can be used as accessories, so it can highlight the level of the person's wealth

You leaped over the point i keep making on this topic relentlessly.
90% of Gold is used.
10% roughly (exact figure is irrelevant) is used as you said quoted above.

So what do we draw from that conclusion then ?

90% of Bitcoin usage is pyramid scheme style profiting.
10% is used as intended.. as a currency to buy things. (instead of being used as a commodity)

Summary ?
You are all fucking stupid.

[Bitcoininvestment]

Because its value doesnt go to zero.Though its value is really great and dependable still there are some downsides that can be only found in bitcoin.The gold's value is not really rising very fast because the value of it is for the long term.

[balamuda]

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 investment is low risk and its benefits are also standard. if bitcoin poses a very big risk but has a great advantage.

[JimmieA]

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 idea that gold or btc is better depends on the purpose you want to own. They think good gold is probably because its value does not change much and they feel safe when they own gold. However, if you talk about the return on investment or the convenience of using the payment, the opposite, btc will be better. btc is a priority  option for trading.

[BlasterS]

Gold is  essential metals in the whole world which use in different ways.
I think the reason behind why many people says gold is better than bitcoin is the physical substance that the gold possess which you can be use in jewelries and can be wear. Gold is luxurious item which gives elegance and poise to the one who wear it.

[yashjaat]

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.

“Precious metals remain a relevant asset class in modern portfolios, despite their lack of yield,” analysts including Jeffrey Currie and Michael Hinds wrote. “They are neither a historic accident or a relic.” Looking at properties such as durability and intrinsic value, they are still relevant even with new materials discovered and new assets emerging, such as cryptocurrencies

[dragon fire]

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 there are some governments who say bitcoin is illegal.
it may affect people's interest in bitcoin, especially those who stay where bitcoin positions are illegal. Because they choose to play safe in investing. By diverting them to gold. maybe that's why they say gold is better than bitcoin. I.

[wladsem555]

people trust gold, because that's what they are sure, they have a lot of experience associated with gold and a minimum of risks...and the cryptocurrency is a fairly new technology and not everyone is ready to appreciate it

Who says gold is not good. Yes I think everybody will agree that gold is good but if you are comparing it with bitcoin then it’s something that has no logic’s think there is difference between gold and bitcoin. Gold is good in case if someone wants to reserve ones assets that will not generate a decent profit but bitcoin is a type of business which not only restores your money but also give a decent amount of profit.

But this happens only at this stage, while it is profitable for certain financial groups ...