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Author Topic: Why people says gold is better?  (Read 11638 times)
srmecdes
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March 30, 2018, 05:47:08 AM
 #2001

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 the most classical valuable material in the world and bitcoin is the newest currency. Comparison is the worst scenerio I have ever seen.
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Galahad111
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March 30, 2018, 05:50:44 AM
 #2002

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 the most classical valuable material in the world and bitcoin is the newest currency. Comparison is the worst scenerio I have ever seen.
The major difference between them is that gold isn't volatile compared to Bitcoin but as an investor or a forex trader you'd love Bitcoin over gold because it makes you take advantage over the margins and profit in the interim or long term and that comes with huge risk but gold comes with low volatility and less risk and so depending on where each of us is coming from you can opt for either of them. 
campica
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March 30, 2018, 05:56:17 AM
 #2003

I think gold is better because it is longer on market. Many country have big supplies of gold, that's why people believe on gold. One day if fiat money dissapear , then we will trading with gold again like in history. Btw. if you check gold price chart you can see that in 10 year gold are +/- $1000 , check bitcoin price chart  -  last 6 month  +/- $16 000 .. That's why I think gold is better for savings because price change a little.
therozaq
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March 30, 2018, 06:19:48 AM
 #2004

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 they dont know about crypto, I think...
themughni
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March 30, 2018, 06:30:57 AM
 #2005

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 like gold , because I think it is safety
siap86
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March 30, 2018, 06:40:42 AM
 #2006

because they know that the price of gold each year always ride though not great. However the best I think crypto remains on if they know the potential that exists therein. Crypto despite fluctuating but then goes up then there will be unexpected results.
billtonz123
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March 30, 2018, 07:45:25 AM
 #2007

well you know, because the price of gold never down, its always go to up, so the people just know gold never die its always go to up and up. so good for investment rather than bitcoin, forex or anything. because bitcoin, forex or anything have a big risk for investment rather than gold.
raullemos26
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March 30, 2018, 08:39:08 AM
 #2008

it seems inappropriate to compare between bitcoin and gold, since gold is essentially a currency blueprint, has been the benchmark for thousands of years, while bitcoin is still very young.
Jake Virus
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March 30, 2018, 08:54:01 AM
 #2009

There is no doubt that gold is the best investment in the world, if I have $ 100 billion then I will put 50% into gold, this is because gold is acceptable all over the world, even when recession or big war gold is always worth.
I think some people keep saying that gold is better because the value of gold is not decreasing or dumping very high and for me some people keeps saying that gold is better because investing with bitcoin can lead us to big profit, but it can also lead to us to a big loss when the value of it is we will dump.

Crytptomeniac
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March 30, 2018, 09:00:50 AM
 #2010

Gold is definitely more stable than bitcoin when it comes to prices and value and with gold the risks are much lesser than they are with bitcoin although with gold the potential ROI is much lower.
chengyinoing01
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March 30, 2018, 09:02:37 AM
 #2011

Gold is more stable, but the profit itself, bitcoin really makes you earn more than gold.

Because in gold, revenue is conservative and won't bring you profits like bitcoin.

But investing in bitcoin is risky, and gold doesn't have these problems.
Rashid555
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March 30, 2018, 09:34:45 AM
 #2012

Those people who are in hurry and they are thinking that short cuts is good in life then they are saying that gold is better but for me bitcoin is better because it is also a digital gold and if we have patience then we can be successful in the future and some people are loving gold because they have not known to the bitcoin value and that's why they are loving gold but the crypto is good for educated people.

Elmughni
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March 30, 2018, 09:50:34 AM
 #2013

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 prefer investing in crypto than gold. crypto give me alot benefit
Dimas99
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March 30, 2018, 09:52:59 AM
 #2014

Those people who are in hurry and they are thinking that short cuts is good in life then they are saying that gold is better but for me bitcoin is better because it is also a digital gold and if we have patience then we can be successful in the future and some people are loving gold because they have not known to the bitcoin value and that's why they are loving gold but the crypto is good for educated people.
Pehaman everyone is different. the risk between gold and bitcoin is also very different. there is really nothing wrong with either. between gold or bitcoin but risk and profit are also very different. can not equate both
Elkafi
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March 30, 2018, 10:17:42 AM
 #2015

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 many people dont know crypto currency, they still believe physical investing like gold. not virtual
ND
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March 30, 2018, 11:02:13 AM
 #2016

The fact is that they do not understand the essence of modern information technology. Bitcoin contains a lot of advantages, the main one of which is the deflationary value model.
Elsie123
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March 30, 2018, 11:17:11 AM
 #2017

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 will still be a valuable item. If gold can not be used in everyday financial transactions then it is a normal thing. we can not possibly use gold to buy a chocolate in the supermarket.
alex M
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March 30, 2018, 11:19:06 AM
 #2018

Gold is definitely more stable than bitcoin when it comes to prices and value and with gold the risks are much lesser than they are with bitcoin although with gold the potential ROI is much lower.
I agree with you. They say gold is better because it has a physical appearance and the value also is more stable than btc. Elders or many people still don't know about crypto-currency and how it works. Maybe they found complicated on how it is use. But for me bitcoin is better than gold if we base on the increase of value within a year. And it is more preferrable for investments than gold.
nasipadang
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March 30, 2018, 11:29:09 AM
 #2019

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?
Clearly gold is better because people know gold as the safest investment, we see the price of gold and bitcoin even though bitcoin price is very high last year but now tends to decrease and compare with gold price you will understand why gold better, if you buy a bottle with gold I think it is strange because we can not give change if using gold, different from bitcoin we can send bitcoin according to the price of the goods we buy.

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beccer
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March 30, 2018, 11:32:45 AM
 #2020

gold is safer than bitcoin trading, tech crime is rampant by hackers and that makes everyone prefer to invest in gold, gold also has a cheap price when compared with bitcoin
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