Topic: Bitcoin is better than gold - page 10. (Read 2210 times)
In certain aspects, Bitcoin is indeed better than gold. Gold does not grow as high as a thousand percent growth in a year. Bitcoin has been doing that amazing growth for a long time. Bitcoin is also better since it is not only growing in value but can also be used as a decentralized payment. However, gold is also better than Bitcoin in that its value has remained stable for a long time.
Bitcoins are worth more than gold, and BTC trades and carries them easily and can be traded at any time!
Bitcoin is better than Gold. The proof is the price of Bitcoin is very high and can beat the price of Gold that has existed since the first. Bitcoin only grows a few years the price is very high, let alone Bitcoin already existed from the first. I can not imagine the high price of Bitcoin. Maybe Bitcoin will be the most expensive investment asset with a limited number of Worldwide.
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.
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.
from the investment point of view and its benefits. bitcoin is better than gold. but viewed from a risk standpoint, gold is less risky. but i choose bitcoin better than gold. because we can easily trade bitcoins. because bitcoin transactions are so easy. different from gold, if gold we still have to go to the existing gold shops, to get the gold we want. so in conclusion bitcoin is better than gold in my opinion.
Bitcoin is digital and you can earn money by trading bitcoin but gold price are stable then gold can be stole on your house different with bitcoin they can't stole your bitcoin unless you scam.
In many ways bitcoin and gold are similar. You listed all their common properties. But in my opinion in this period of time bitcoin is more in demand in modern times. Because bitcoin is just beginning its journey and in 10 years will cost more than $ 1,000,000. But gold has existed for 6000 years and still very expensive. In my opinion, it is very right to keep your savings in both assets.
Bitcoin is not at all a worse accounting tool than gold: its quantity is also limited, there will be a maximum of 21 million bitcoins on the network, it is even more limited than gold.
I think the risk of buying gold is lower when compared with bitcoin. Bitcoin has a high risk because the price is fluctuating. Unlike the gold prices tend to be stable and up. If I was told to choose to invest with gold or bitcoin, I would choose both. Why? Because every investment instrument there are shortcomings and advantages. The advantages of investing in bitcoin is that the profit earned can be 2-fold even more, the shortage could lose 2-fold even more. The advantages of gold investment is the price that tends to be stable and for decades investment in gold is safe. The drawback is that the benefits of gold are less than bitcoin.
For the investment, yes bitcoin is better than gold. Bitcoin is possible get a lot of profit than gold
Gold is a low profit and need to waiting for the long time. Gold is not a solution for the investment.
Gold is a low profit and need to waiting for the long time. Gold is not a solution for the investment.
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.
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.
Bitcoin is much faster compared to gold. The transactions are made online so you don't have to ship a ton of metal. Bitcoin is also cheaper to store. Gold must be kept in high maintenance vaults in the bank to keep robbers from stealing it. So I will choose bitcoin over gold.
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.
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.
Bitcoin is more practical to use because transfering bitcoins don't take much time an effort. Unlike gold, which you must carry across the world just to be an asset. Bitcoin also has top security system unlike gold that must be kept in expensive vaults. Bitcoin is a great innovation because it is more efficient.
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.
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.
Bitcoin is more valuable for me than gold. It is also more useful because in my opinion, gold is nothing but a piece of metal. I think gold will be better only to be used as metal. Bitcoin on the other hand is easier to be transfered worldwide than gold. So I stand that bitcoin is better than gold.
Yes, bitcoin is better than gold. Bitcoin brings a new world to the unemployed and gives them a rare chance of getting rich. In addition, bitcoin makes transactions much faster and easier. Bitcoins deserve a great coin of the world. The value of gold has always risen over time, but it still does not help much for society by bitcoin. I appreciate more bitcoin.
Bitcoins and gold have similarities as decentralized and volatile or scarce supplies, depending on the mining process. In terms of influence:
- Gold is spreading and popularizing user needs and familiarity. Meanwhile, bitcoin is prevalent depending on online technology and the world community. With the technology is growing rapidly as today. I think that in the future bitcoin can break the value gap, as well as affect the community in a familiar way such as Gold.
- in terms of value: bitcoin has not been checked and ensured the future as safe as gold. However, with the characteristics brought "wealth" quickly. Bitcoins are dominant in terms of investor volume and impact on the community.
- Gold is spreading and popularizing user needs and familiarity. Meanwhile, bitcoin is prevalent depending on online technology and the world community. With the technology is growing rapidly as today. I think that in the future bitcoin can break the value gap, as well as affect the community in a familiar way such as Gold.
- in terms of value: bitcoin has not been checked and ensured the future as safe as gold. However, with the characteristics brought "wealth" quickly. Bitcoins are dominant in terms of investor volume and impact on the community.
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.
Obviously, no, bitcoin is not better than gold. Bitcoin is just a cryptocurrency and it will be forever. It will be just used as it is and that is its downfall compare to gold. And when you talk about as a currency, bitcoin is very volatile and its price is very unstable compare to gold. Also, bitcoin is a cryptocurrency, it needs internet for anyone to access. Gold can be used by everyone because of its accessibility. So no, bitcoin isn't better than gold. 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.
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. Bitcoin will be more popular than gold in the future. Considering technology occupies everything, anytime and everywhere these days, we can consider that bitcoin is better investment over gold. Bitcoin, since it is digital, it can be easily kept unlike gold.
This is a common misconception.
Why is gold not easy to keep? A £32k gold bar is the size of a smart phone.
Convert all your current BTC holdings into gold at £32/g and work out how much physical space it will occupy and how easy it would be to store safely out of sight.
Though bitcoin may be better than gold in the perspective of yielding income or for investment purposes but there is ONE thing that bitcoin lacks, which is COLLATERAL and SECURITY. Remember that gold has been around ever since time immemorial and people considered it as the boon of investment. Another thing to consider is that gold has been backed and regulated by the government in order to prevent abuses.
In adherence to this, bitcoin's value is very volatile- meaning its price may vary without any given notice. Not to mention, the current status of bitcoin is sensitive wherein if a country prohibits its utilization then its price would be significantly affected.
Lastly, gold is an tangible asset compared to bitcoin, which is intangible.
In adherence to this, bitcoin's value is very volatile- meaning its price may vary without any given notice. Not to mention, the current status of bitcoin is sensitive wherein if a country prohibits its utilization then its price would be significantly affected.
Lastly, gold is an tangible asset compared to bitcoin, which is intangible.
Bitcoin does not yield an income, you are just gambling on price fluctuations the same as gold.
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. Bitcoin will be more popular than gold in the future. Considering technology occupies everything, anytime and everywhere these days, we can consider that bitcoin is better investment over gold. Bitcoin, since it is digital, it can be easily kept unlike gold.
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.
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.
Though bitcoin may be better than gold in the perspective of yielding income or for investment purposes but there is ONE thing that bitcoin lacks, which is COLLATERAL and SECURITY. Remember that gold has been around ever since time immemorial and people considered it as the boon of investment. Another thing to consider is that gold has been backed and regulated by the government in order to prevent abuses.
In adherence to this, bitcoin's value is very volatile- meaning its price may vary without any given notice. Not to mention, the current status of bitcoin is sensitive wherein if a country prohibits its utilization then its price would be significantly affected.
Lastly, gold is an tangible asset compared to bitcoin, which is intangible.
If today you come to a man on the street, who has not yet been affected by the excitement around the crypto currency, and mention the new digital gold Bitcoin, he will decide that you are crazy. Your statement will be regarded as the announcement of the victory of the incomprehensible Bitcoin over gold, and is taken as a personal insult.
Unlike U.S. dollar, or any fiat currency for that matter, Bitcoin cannot be reprinted to the whims of influential bankers. On the other hand, no one knows just how much gold there is in the world, and it can be mined any time. Gold is “kinda phony” in this sense, and Bitcoin is more “genuine and real.” Jump to: