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Author Topic: Why people says gold is better?  (Read 11638 times)
doomistake
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December 29, 2017, 05:07:24 PM
 #781

gold price very stable and bitcoin too volatile,
gold good for long investment, bitcoin good but very risky because if it crashed all our money invested on it will likewise vanished

They are only saying it because they don't know what bitcoin truly is, they just know about gold since it is the first thing that they knew before any other expensive things. Gold is the old fashioned money, let's just say that, and Bitcoin is the newest money, so most of the people think that it is just a scam or something else which is negative, we can't blame them for being this narrow minded.

Time will come and they will take back what they have all said or thinking about bitcoin, I know that because I was also like that before, but when I realized that there is no reason to doubt if you are not yet doing anything at all to prove what you are thinking about bitcoin is true.
ubay
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December 29, 2017, 05:20:02 PM
 #782

Those who say gold is better than bitcoin are ancient people, they are not aware of the times. Gold is stable, but it's more fun to play bitcoin.

nelsledma
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December 30, 2017, 11:13:14 AM
 #783

A lot of people prefer gold because they think it has stable value and can be accepted anywhere. It is true that you can sell your gold in many places and in every country but you can't pay directly with it in most places. Bitcoin adoption is still low but more and more shops start to accept Bitcoin as a payment. Most of them are online shops due to long confirmations. I can't wait to see how normal shops will accept BTC after introduction of the Lightning Network.
Gold is conservative now. As change in technology first people interested in paper money. They invest it in order to gain more profit. People want profit from currency either it is paper money or crypto currency. Physical shape of any currency doesn’t matter. Anything that matters to be profitable and to buy daily based needs. Bitcoin is not unstable it will be rise high in coming year.
jdeanne92
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December 30, 2017, 01:43:44 PM
 #784

Sarcastically saying, they would prefer those they can actually see or feel rather than they just see on monitor. But we cant judge them because of their beliefs.
adjudicator
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December 30, 2017, 01:47:21 PM
 #785

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?
No one accept gold as payment because they need lot of time to know the price of it and it can be fake or what so ever. And I think they said that gold is better because they are not aware and have a limited knowledge about bitcoin.

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ShadyMash
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December 30, 2017, 01:59:37 PM
 #786

people really like things that can see,touch and store.so people like to invest money to these kind of things.mostly old age people really like these kind of investments.but the value of gold decreasing day by day compare to bitcoin price.because with the development of of technology people have lot of things to invest and get quick profit than gold.Bitcoin is  one of the best investment to get quick profit.but lot of people still don't know about bitcoins and other crypto currencies.so people still invest things that have a physical nature like gold,diamonds,lands etc.

Chrystora123
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December 30, 2017, 02:38:02 PM
 #787

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?
which makes Gold better than Bitcoin is gold can be used, the shape is real and the price is relatively stable,
the lack of Gold is the growth of the old price and its security...

supermam
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December 30, 2017, 03:50:42 PM
 #788

I think some people says that gold is more better than bitcoin because they can see it , it's in their hand and it's price is stable and when they have no money they can sell it or either pawned it .
jeraldskie11
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December 30, 2017, 04:07:32 PM
 #789

The main reason is you can pay things by gold unlike bitcoin was hard to spend. But for me, I will say bitcoin is better than gold because I like its feature and I know that bitcoin has a good future and we see at its price.

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Angi
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December 30, 2017, 04:14:07 PM
 #790

Because people are know about gold the value of gold is too high and thats people think thats why to them is so better but they dont accept a letteral gold as payment. Because the actual gold is own by government if you have actual gold you'll go to jail unlike bitcoin if you have bitcoin  no one can care if you have it some people dont know about bitcoin what is bitcoin not all people know about it if you hold bitcoin as payment even government dont touch you because they dont own the bitcoin no one can own bitcoin itself because its for all people.
levvv
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December 30, 2017, 04:15:54 PM
 #791

Peoples says the gold is better i think because gold price is stable, unlike bitcoin price.
Most peoples prefer the stable currency for their investment, because it's low risk.
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December 30, 2017, 04:16:21 PM
 #792

People are more confident on gold as it had given very consistent return in past from many-2 years. People are aware about bitcoin in recent years and it has  given very high return in last 3-4 years. They are very confuse about bitcoin consistent return like gold. These kinds of trust will come after few years observation.

AliMan
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December 30, 2017, 04:30:07 PM
 #793

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.

that is what I am thinking too may be they don't really know what bitcoin really is. but then maybe they say that gold is better that bitcoin because bitcoin is volatile as it is cryptocurrency while gold has a fixed value it only increases by time. in the first place for me there is no reason to compare gold to bitcoin as they have completely diferent purpose in the world. I mean bitcoin we earn without investmetn while in gold you need to invest.
I think both of them are better but its depends on the people which they want, but I admit bitcoin is better than gold because I use bitcoin I can have much profit than selling gold, but gold is better interms of holding it because its value is also rising day by day like bitcoin.

crisnel26
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December 30, 2017, 04:30:52 PM
 #794

I do think people say that gold is better because gold doesn't change in value as quick as bitcoin is. It has a consistent price in the market for a long time compare to bitcoin that pumps and dumps in a day.

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December 30, 2017, 04:45:00 PM
 #795

I think because a few grains only the price of gold is very expensive and that makes the best gold is gold has very good characteristics.
gold also has a stable price and certainly its value continues to increase every time and for long-term gold is very good. but not for bitcoin because the price is always able to rise and fall quickly or unstable and for the long term is not clear whether it will remain in admit or not in use.
so obviously the reason why people believe gold better.

Duogembrot
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December 30, 2017, 04:46:41 PM
 #796

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 because they people still do not know what the benefits of having bitcoin and do not understand how to play bitcoin, they only know the game of gold therefore they only say gold is better, but gold not 100% good.
Raisa263616
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December 30, 2017, 04:54:40 PM
 #797

why they says i don't know.But i think they don't know about bitcoin.they use gold everyday .they think gold is better then anything.But they don't know cryptocurrency is better then everything.gold has a fixed price but bitcoin don't have it.It's have unlimited price.Any parson can get milionair in anytime.So my opinion is bitcoin is better then gold.

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December 30, 2017, 05:05:47 PM
 #798

I don't know why people Says about gold better.Bitcoin is not World Wide Right Now in Present.It accepts in some places Supermarkets etc.Mostly People Use Gold
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December 31, 2017, 01:38:35 AM
 #799

gold is great because it's used to buy food.you use it.this and what else you want. you also use it to help other people so they can also buy food. so everyone works just for gold or money. You can not buy food when you have no gold or money. So I can say that gold is great because of the way we live.
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January 01, 2018, 04:47:23 PM
 #800

I understand why some people say that gold is better. It is because they do not know exactly about bitcoin. They believe gold because gold is real. It means they can see the profit with their bare eyes. Gold is different with bitcoin in this kind of type. Because bitcoin is one of crypto kind so we can not see it directly after doing task or assignment or trading. we can not blame them with their opinion. It is normal if people has different thought.

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