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Author Topic: Bitcoin is better than gold  (Read 2146 times)
kyle999
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April 24, 2018, 05:12:09 PM
 #161

Certainly bitcoin is actually better than gold because more people are now investing in bitcoin and believe in it.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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saruxanyan
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April 24, 2018, 05:18:27 PM
 #162

Modern payment means have the same value (depending on the denomination of banknotes). With gold, everything is different, its value may differ depending on the purity of the metal, its content in coins and age. For example, the content of gold in a coin or a piece of jewelry can be equal to 90% or 100%. Old, "seen" coins or jewelry is much more expensive than brand-new "coins". Separate parts of gold in aggregate are more expensive than a single piece. So, ten coins, costing 1/10 ounces, will cost more than 1 coin, worth 1 ounce.

With Bitcoin, there are no such problems. Each individual coin is equal in value to another. Several parts of the same coin are equal in value to the whole Bitcoin.

Bitcoin definitely has an advantage over this indicator.
BHX91
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April 24, 2018, 05:30:05 PM
 #163

Bitcoin is better than gold, yes. Because bitcoin has a number of advantages over gold, it's easy to transport, the safest place to store, value increases over time. Besides the advantages over gold, bitcoin has many disadvantages, I hope that in the coming years these disadvantages will be overcome.
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April 24, 2018, 10:52:55 PM
 #164

Bitcoins are worth more than gold, and BTC trades and carries them easily and can be traded at any time!

There is a fixed amount of bitcoins, and there are many people who question the value of gold, and it can be said that demand determines its value.
mr.quackquack
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April 24, 2018, 11:02:35 PM
 #165

In reality these are made up fixtures. To show ones wealth, significance, buying power etc etc... I read somewhere that Napolean would serve and give his "high class" guests aluminum silverware while the "lower class" were served and given mere silver ones. Oh what a turn of events I might add.
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April 25, 2018, 06:57:27 AM
 #166

The thing that gold is better than bitcoin is just its price. gold price is more stable than bitcoin.
decentralized system about bitcoin is give the advantages over gold. overall, yes bitcoin is better than gold.
mihir2018
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April 25, 2018, 07:35:33 AM
 #167

The Bitcoin's advanced features indicate that Bitcoin has more advantages than gold. It is a very good investment than other investments. It can be used to manage the internet connection and its driver power by controlling it using a computer or its equivalent device.
Bitcoin can be called digital gold, it can be accurately measured. It gives people complete freedom and control of their resources.  Wink Wink
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April 25, 2018, 07:38:22 AM
 #168

Bitcoin is better than gold because bitcoin is higher than its gold price if you look at bitcoin and gold if you compare them with better bitcoin investment than gold because of the bitcoin price too high its price

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April 25, 2018, 07:38:52 AM
 #169

I think that as an investment it is really more profitable than gold.I don't think gold is growing as fast as bitcoin or other cryptocurrencies
neerajmittaljii
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April 25, 2018, 07:39:30 AM
 #170

Both bitcoins and gold are great for long term investment but bitcoins might be more profitable but also has high risk of drop and uncertainty whereas gold is safer investment and increases very slowly and steadily.
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April 25, 2018, 08:09:22 AM
 #171

Both bitcoins and gold are great for long term investment but bitcoins might be more profitable but also has high risk of drop and uncertainty whereas gold is safer investment and increases very slowly and steadily.

That`s true!  Cool
huanzhong644306
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April 25, 2018, 08:20:46 AM
 #172

Scarcity determines the BTC can fight inflation in the legal tender in the world, the gold is the main financial assets as a safe haven in the era of war, and the BTC than gold, scarcity more thoroughly, and transaction is more convenient to carry.
fire rab1
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April 25, 2018, 08:22:31 AM
 #173

Bitcoin and gold both are structurally different from each other. Gold is not always seen as an investment in many countries where as bitcoin is mainly seen as an investment by majority. It can use for trading or payment.
Bitcoin is risky but in return will give us a huge amount of profit when we are talking about longer term investment.
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April 25, 2018, 08:26:23 AM
 #174

Bitcoin and gold both are structurally different from each other. Gold is not always seen as an investment in many countries where as bitcoin is mainly seen as an investment by majority. It can use for trading or payment.
Bitcoin is risky but in return will give us a huge amount of profit when we are talking about longer term investment.
well, both are so good to save. bitcoin, and gold does have its own advantages and disadvantages. we can not judge anything of its nature, so I think having both is the best thing for now. both provide great potential in profit.


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zwiggel
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April 25, 2018, 08:31:51 AM
 #175

I think bitcoin will not be better than gold. Because bitcoin is a virtual currency. bitcoin is sourced internationally. Many countries do not allow bitcoin operations. Many people do not trust bitcoin. They see the bitcoin as fake. So bitcoin will not be better than gold.
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April 25, 2018, 08:33:45 AM
 #176

It is very better than gold, it will rise from all the currencies and lift us up with it. Bitcoin already disturbed currencies this years in good way so for me Bitcoin is way better than gold
Thecryptocurrency09
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April 25, 2018, 08:36:27 AM
 #177

From an investment point of view, bitcoin is more about gold than it is about other currencies. That's because as an asset, bitcoin and gold have a lot in common. Both are limited to supply, both have functions to use, and many believe that, despite their large price fluctuations, they remain a good store of value. Compared to gold and currency investment returns in the past five years, the currency's performance is far better than the so-called precious metals, gold year loss than 6%, the currency of the annualized rate of return is 155%. These rich returns show that bitcoin has excited investors about the prospect of putting money into such a new asset class.

Compared with the gold standard, the value of the currency rising and proven performance, investors can be used to measure the investment of the world's leading digital currency future opportunity and risk indicators.

Seeing this kind of trend give us the idea of how the bitcoin tend to be a great tging when it comes to investing, simply making it the leading ones in such field. Bitcoin and gold are being compared for a lot of times. Its difference made us aware on the value it could give to us as time pass by, therefore, I can say that it is merely a need of suggest when it comes to understanding such factor. But if we base it in some previous outcomes, like what is being suggested.
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April 25, 2018, 08:36:43 AM
 #178

I cannot say for sure. If you consider gold as only an investment or payment method - then yes. But gold is also a very useful metal, so at this point, gold is better.
Damkar58
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April 25, 2018, 08:52:01 AM
 #179

in my opinion, Gold is available in limited quantities, and this is what causes the price to increase over time. while bitcoin is digital or invisible. Bitcoin prices fluctuate, where prices can change significantly over time. so I prefer to bitcoin to invest.
PINIK
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April 25, 2018, 10:10:45 AM
 #180

Bitcoin is better than gold. Bitcoin is a digital crypto currency. Bitcoin can be used anywhere. And Bitcoin investment are more profitable.
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