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Author Topic: Why people says gold is better?  (Read 11642 times)
sergeykravcov177
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March 01, 2018, 03:59:43 PM
 #1521

I would not be able to compare gold and bitcoin. Quite different things. Gold has always been sold and will be sold this fossil. And to replace bitcoin, something more innovative can come.
kaijang1808
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March 01, 2018, 04:02:49 PM
 #1522

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.
leon33013
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March 01, 2018, 04:06:53 PM
 #1523

because they are two very different types of investment. Gold is a safe, little risk and little reward investment, where you know that you will keep winning some money steadily..
Schirer
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March 01, 2018, 04:07:36 PM
 #1524

The only reason is because people are more familiar with gold than btc.
Otherwise I believe BTC is superior in many levels.

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Roboabhishek
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March 01, 2018, 04:35:59 PM
 #1525

If you want to earn less profit with less risk then gold is best but If you want to earn more profit with higher risk then investing in gold then bitcoin is best.
but for me bitcoin is the best and for everyone who wants to become rich in less time.
Kingigolo
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March 01, 2018, 05:46:01 PM
 #1526

To me I feel the reason people say that is because the increased volatility associated with the price of btc is not pronounced in the case of gold, making it a more reliable store of wealth.
Best Dreams
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March 01, 2018, 07:01:34 PM
 #1527

because it can be saved by hand and not online it is kept as an asset and it is valuable but there is a side effect in keeping gold in hand it can be stolen .
it has more side effect than benefits as you will be in danger all the time if you are investing in gold it will give you profit but on the risk of your life and mental peace as you will all the time remain worried about your saving, it takes a lot of space to hold gold in a safe but in bitcoin you will be mentally relax as no one will be able to use your bitcoin and it is hard to steal it. The increasing price of bitcoin is the additional benefit of bitcoin, if you will hold it will increase in price and will earn a lot of extra profit for you. But in gold you will earn very low profit with a lot of waiting years and years.
damntravis
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March 01, 2018, 08:32:50 PM
 #1528

Because gold has more stable price and it's used in industry
Nukleo
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March 01, 2018, 08:37:17 PM
 #1529

In general, both gold and bitcoins are valuable assets. However, gold has long been considered the safest investment of money.
Morticio
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March 01, 2018, 08:38:18 PM
 #1530

Looking at the past when many people were believing that gold is universally acceptable asset and stable in the price that I think was the reason why many people became very attached with gold. Now in the modern time people are saving their money into investment and they are earning good amount on this investment. Bitcoin has created an avenue for everyone to earn just by having bitcoin in their wallet.
Cinemo
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March 01, 2018, 08:38:45 PM
 #1531

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?
Bitcoin is better than gold because bitcoin is so profitable and very usable like paying others you can use this to transact and because of bitcoin theres a lo of people became rich by investing but gold we all know that gold is a good also but people wants crypto than gold now.
bitllionaire
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March 01, 2018, 09:10:44 PM
 #1532

The only reason is because people are more familiar with gold than btc.
Otherwise I believe BTC is superior in many levels.
Some reasons may be there which make the currency  more good. In fact  bitcoin is now becoming more importance, people now using bitcoin for different purposes, they even use bitcoin as for shopping inline rather nl
Dolarin
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March 01, 2018, 09:13:05 PM
 #1533

I think it's all about people's attitude to bitcoin. It appeared only 10 years ago and gained popularity quite recently. People need more time to accept bitcoin.
Morgann
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March 01, 2018, 09:13:37 PM
 #1534

because gold is the first currency all over the world, they use gold as a global currency they can use it in any kind of payment method. this is very historical thats why they say gold is better than other currency that exist this time.
ashlyvash00
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March 01, 2018, 09:55:42 PM
 #1535

Maybe they didnt still know bitcoin  even me when i atill didnt know bitcoin. All that i know is The most precious the world is gold and diamond. But when i know bitcoin everythin changes. And im gladly i know it
imyashir
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March 01, 2018, 09:56:26 PM
 #1536

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 the bitcoin is volatile than gold. There is a point that you say the bitcoin is called as of payments but the gold is why it is not as good as the payments to merchants is just a small chance of lowering the price.
Doge dealer
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March 01, 2018, 10:11:56 PM
 #1537

there is always a buyer ready and waiting to buy gold , gold is pretty much very easy to sell , you don't have to wait on any exchange or anything infact there are stores all over the world that you can walk into to sell your gold .plus the fact that gold is physical so at this point it dosent depend on the internet to work , so i understand that position that some people may take however bitcoins are evolving each day and the playground is changing with it .

kolsernik
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March 02, 2018, 12:30:15 AM
 #1538

Because peoples know how to use our gold or we can called it money. But the saddest thing they didnt really know how to use that bitcoin for transaction. They wanted to spend money in the things that  they wanted. I hope youll understand it.
bayu7adi
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dont be greedy


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March 02, 2018, 12:36:21 AM
 #1539

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 says gold is better than BTC is, people who do not yet know the blockchain technology
cryptography technology has advantages and disadvantages
it's just that everyone needs to maximize the functionality of the existing properties
Crislyn4116
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March 02, 2018, 12:40:30 AM
 #1540

I think why they say that gold is better that bitcoin there is right also because gold value is also increase it is less possible to dump almost 70% but they have advantage of bitcoin. Bitcoin has a biggest dump up to 70% but they have an opposite reaction after a months bitcoin will rise multiply by the percentage that dump.

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