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Author Topic: Bitcoin is better than gold  (Read 2191 times)
iuron
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April 26, 2018, 01:20:57 AM
 #201

I also think if bitcoin is better than gold because the faster bitcoin price rises but the price can also go down quickly without any compromise
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April 26, 2018, 01:45:49 AM
 #202

The liquidity and the existence value of BTC are higher than gold, but the value of hedging is not good. The speculation can choose BTC, and the stable asset can buy gold.


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April 26, 2018, 01:56:27 AM
 #203

Crypto is the future of assets and currency of the future, gold is little bit outdated for me
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April 26, 2018, 02:08:19 AM
 #204

Bitcoin is actually better than a gold today because its easy to get bitcoin instantly compare to a gold that you need to mine it in a deep core of the soil to get a little amount of gold. But as other said bitcoin and gold have un common difference like bitcoin cannot use to make jewelry, a gold medal etc. commonly thing that i see to both of this is its very valuable and have a high value of money today.
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April 26, 2018, 02:13:54 AM
 #205

Crypto is the future of assets and currency of the future, gold is little bit outdated for me

Outdated or not. Gold has been in use for at least 10,000 years. And the chances are that it will remain as a valuable asset, as long as the human species exists in this planet. The same can't be said about Bitcoin.

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April 26, 2018, 02:27:15 AM
 #206

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.

it is always the topic here in this discussion and it never gets old. i think bitcoin and gold have their unique differences, bitcoins value is volatile while gold does not its value remains constant and that could be a great thing. however bitcoin is digitally based so i think that is much better.

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April 26, 2018, 02:28:39 AM
 #207

Crypto is the future of assets and currency of the future, gold is little bit outdated for me
Yup. For me, gold is a valuable asset in this era but when the war began gold would be the place where many investors choose the most, then new to Crypotocurrency but if you look to the future Bitcoin prices will probably increase more than gold and may become the most valuable asset on the planet. All people need a good amount of time for everyone to have a better view of this market
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April 26, 2018, 09:15:15 AM
 #208

yes bitcoin is better than gold because you can invest in bitcoin and will gain more than you invest in gold.
with gold investing you may get 10% profit in one year. but in bitcoin, you can get 2x more.

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April 26, 2018, 09:23:38 AM
 #209

I think bitcoin will bring more profit than gold. By buying and storing bitcoin for a period of time and selling when high prices will be more profitable than investing in gold. Bitcoin's value always fluctuates, thus creating a high profit for investors. But investing in bitcoins is more risky than investing in gold.

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April 26, 2018, 09:24:45 AM
 #210

I choose bitcoin instead of gold, when gold only rose slightly and if bitcoin rose dramatically.
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April 26, 2018, 09:36:06 AM
 #211

Yes Bitcoin and gold are great for long-term investments but Bitcoin may be more profitable but also have a high risk of decline and uncertainty while gold is a safer investment and increases very slowly and steadily. Bitcoin, in fact, mathematics, no one can influence it, because mathematics can not be changed. That's why bitcoin is more independent and self-regulating unlike gold.
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April 26, 2018, 09:41:04 AM
 #212

Theres a place for both, i don’t personally own gold though because I don’t know how to verify what i bought is genuine or goldplated tungsten (or lead spray painted im so bad at gold knowledge). Selling it isnt easy either, very few people would do a direct trade for gold precisely because its hard to verify it is legitimate.

For those reasons I prefer bitcoin because you cant fake the stuff with a little bit of knowledge.
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April 26, 2018, 09:53:11 AM
 #213

It is true that bitcoin is better than gold because the investment in bitcoin profits very quickly while gold has a stable price so we earn very long profit even up to 1 year.
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April 26, 2018, 10:05:46 AM
 #214

I think bitcoin has higher value than gold but bitcoin will never be better than gold. Because bitcoin is a constantly changing currency. Bitcoin may terminate immediately. But for gold, that does not happen. Gold can be stored for long periods of time.
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April 26, 2018, 10:19:27 AM
 #215

I think there are similarities can be for investment but different in my way of use in transactions and storage and in my opinion bitcoin practical in transactions
It is much hard to get gold than bitcoin,  and even gold has stable price and more expensive, bitcoin as well can give good amount when you trade and invest for its profit. Bitcoin can use for safe transactions as a currency unlike gold that you have amount in hand to buy things. They are different in aspects and use but both can change life if you have one.

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April 26, 2018, 10:19:36 AM
 #216

Bitcoin has left gold in the dust in recent months.

The Bitcoin Investment Trust Shares have almost tripled in value in the last twelve months, gaining more than 30 percent in the last three months alone. Meanwhile, SPDR Gold shares are down 3.78 percent in the last twelve months and up 4.49 percent in the last three months.

Fund

12-month performance

3-month performance

SPDR Gold Shares (GLD)

-3.78%

4.49%

Bitcoin Investment Trust Shares (GBTC)

141.83

30.81

Source: Finance.yahoo.com 3/3/2017

Apparently, Bitcoin is more popular than gold among investors.

Is it just hype or something fundamental about the digital currency. It’s hard to say. What’s not hard to say is that there’s a growing mistrust of national currencies, following dubious government policies, which has pushed people into Bitcoin.
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April 26, 2018, 10:20:23 AM
 #217

yes, i am agree with you.  The real differnce between these two is gold and objects are btc and coin is gold usually uses people to marry and to any followers. And gold generally has some kind of but bitcoin's price is changed to second at second. I am not disagreeing with you,
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April 26, 2018, 10:42:18 AM
 #218

Bitcoin is the crypto currency.Bitcoin is a very good investment place ,people invest here and earned profit.Bitcoin can be use anywhere at anytime. So Bitcoin is better than gold.
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April 26, 2018, 10:44:32 AM
 #219

Bitcoin has a lot to do with gold. But for investors it is better than gold. For example, gold cannot be moved quickly in space. And bitcoin can be moved quickly. Also it is easier than gold can be divided into parts.
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April 26, 2018, 11:02:52 AM
 #220

I think there are similarities can be for investment but different in my way of use in transactions and storage and in my opinion bitcoin practical in transactions


I guess if you read the information that is published in this curious article, you will understand what is better for you - gold or Bitcoins: https://www.jmbullion.com/bitcoin-vs-gold-infographic/
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