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Topic: Bitcoin is better than gold (Read 2210 times)

full member
Activity: 364
Merit: 100
April 30, 2018, 08:04:34 PM
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.

In my opinion, bitcoin has still a lot to go through to be considered as better than gold, old folks are totally ignoring bitcoin and lots of people are still to be taught about the cryptoworld, while gold has been dominating the world ever since, so I think its still gonna be a long way for bitcoin to be considered as better than gold. But, to investors who are very well informed, cryptocurrency is definitely the better choice for investment.
newbie
Activity: 111
Merit: 0
April 30, 2018, 07:51:40 PM
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.

For payment system, bitcoin is the best way. Bitcoin also better for long term investment. If you are profesional you can do daily trading. Gold is vey stable.but investing gold is lesser profit than bitcoin. I think.
member
Activity: 311
Merit: 10
April 30, 2018, 07:48:58 PM
As of the current situation now, I do not think that bitcoin is better that gold. Gold is acceptable all over the world while bitcoin is still unknown in many countries, some banned it. Maybe in the next years soon to come bitcoin will be well-known and will be acceptable all over the world and its value gets higher then that is the time bitcoin will be better than gold.
newbie
Activity: 113
Merit: 0
April 30, 2018, 07:44:12 PM
I think that bitcoin is better then gold because of the bitcoin is a digital currency, bitcoin's future is bright future.
newbie
Activity: 137
Merit: 0
April 30, 2018, 07:39:01 PM
Haha
Why do you compare gold with bitcoin. One is a mineral and the other is money. Gold can be bought with money (btc) so both are equally important
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
April 30, 2018, 06:42:33 PM
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.

In my perspective they are both better. It is depend on the people who use it becuase the both of it have a differences andcall the people have a different needs in our society. Bitcoin is for the people who wants a crypto or digital currency while the gold is for the people that wnt a paper money. They have also a different advantages as well as disadvantages.

Indeed, personally I think Bitcoin is better than gold in terms of despository and storing, since Bitcoin is a physical property we cannot expect that we can have a secure life if we own so much of these, due to the fact it was barely seen in our eyes, I think that will make your life risky, but you can be sure that the amount of gold in bars will remain the same unless someone will steal it to you,on the contrary Bitcoin is better in terms of transactions, you dont have to hire people to transafer your gold into the certain reciever I guess you just have an internet connection to transfer and recieve Bitcoins which is less hassle for me .
member
Activity: 305
Merit: 10
April 30, 2018, 06:22:11 PM
Bitcoin is digital crypto. So Bitcoin is better.

Of course,  bitcoin is a digital currency that can be transfered anytime and anywhere unlike with gold we need to sell it to convert it into cash. 
jr. member
Activity: 322
Merit: 4
April 30, 2018, 05:57:51 PM
Bitcoin is probably more profitable in the short term, but gold is still safer and possibly longer-lasting
newbie
Activity: 182
Merit: 0
April 30, 2018, 05:38:34 PM
my opinion is that bitcoin is certainly better bitcoin grows it becomes better and better even though now bitcoin is not much slipped but it's okay he always wakes up then fall then rise but after a time, should bitcoin be very vystrelnut and go to the top! and gold as was and will remain.
jr. member
Activity: 165
Merit: 2
April 30, 2018, 04:54:45 PM
I don't think gold and bitcoin cane be compared.Gold will never go below zero value,but bitcoin may become zero value
full member
Activity: 233
Merit: 100
April 30, 2018, 04:36:56 PM
Steve Wozniak, a mathematician by training, believes that bitcoin outperforms them both as a mediator and as a means of preserving value - for one important reason: his mathematically defined stock of 21 million coins makes it impossible to lower the existing stock in the price, which makes it safer .
member
Activity: 434
Merit: 10
April 30, 2018, 04:09:16 PM
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.

In this time, bitcoin will be better than gold. Bitcoin is more practical and efficient to use than gold. This is because gold is expensive to transport unlike bitcoin which is few clicks away in transactions. And since the transactions are online, bitcoin is kept in the digital word and occupy no real space unlike gold that must be kept inside vaults in the banks.
sr. member
Activity: 1316
Merit: 257
April 30, 2018, 03:35:33 PM
Indeed bitcoin is better than gold but the price of gold is stable and the price remains high .. and gold is a precious metal and shaped Unlike the bitcoin that is not shaped .. bitcoin prices could exceed gold and also could be below the price of gold so I think gold is better than bitcoin because the price is stable with high price .. better you have both
hero member
Activity: 826
Merit: 523
April 30, 2018, 03:22:12 PM

Before stating if Bitcoin is better than gold, we should shed the light on an crucial point. What gives value to things whether they are materialistic or digital is us. Therefore, if Bitcoin has obtained the  accreditation of all countries around the world, then bitcoin can surpass gold in its value. What makes Bitcoin better than gold is that bitcoin has a fixed supply  unlike gold. Moreover, with the growing trends to adopt Bitcoin as a national currency, bitcoin will become more stable than fiat currencies.





newbie
Activity: 322
Merit: 0
April 30, 2018, 02:53:26 PM
Which is the best of gold and bitcoin? If you ask me, then I would say Bitcoin is good. Because Bitcoin is better in terms of investment than gold and Bitcoin can be benefited very quickly. Bitcoin prices rise very quickly. And now Bitcoin is being exchanged in most countries.
member
Activity: 176
Merit: 12
April 30, 2018, 02:36:21 PM
For me Bitcoin is better than gold,Because Bitcoin is have low risk of theft and having good store value than gold.Gold is risky to carry one place to another and difficult to sell in favorite price because gold price varies according vendor.While Bitcoin price is manged and globally will same price and you can sell and buy easily.
newbie
Activity: 151
Merit: 0
April 30, 2018, 02:02:04 PM
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.

Gold is a touchable precious metal, investment in gold has a low risk with a standard profit level. For bitcoin does have a high risk but the benefits are also very good. for my own prefer bitcoin.
full member
Activity: 322
Merit: 100
April 30, 2018, 01:49:11 PM
Well the bitcoin was intended to be the digital gold it has the same properties: Can not be copied and have limited supply. And botcoin is better because more and more prople are buying it so it value is going up which makes it a very good investment.
newbie
Activity: 82
Merit: 0
April 30, 2018, 01:17:46 PM
A lot of people will say that gold can be touched, but bitcoin does not really exist. Basically this can be heard from the elderly. But now it's the 21st century, the times of pirates and kings have long passed. And although the funds of the countries are gold-currency, over time, gold will be used more for its intended purpose - in the chemical industry. The future is for high technology.
full member
Activity: 658
Merit: 103
April 30, 2018, 12:36:18 PM
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.
There are people who are saying bitcoin investment is better than gold investment. It is true that the price of the bitcoin is rapidly increasing and I think it is the reason why many people are now prefer to make bitcoin investment.
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