Topic: Bitcoin is better than gold - page 11. (Read 2210 times)
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.
Now I ask, who created gold? No, God is the Creator and we can not prove His existence or His true identity if any. So far, no individual or company can create gold. To get gold, we have to mine it first or buy it from the nearest gold store. These precious metals are scattered all over the world, applicable and tradable in any country, though not created by real people. Gold is available in limited quantities, and this is what causes prices to increase over time.
Bitcoin is exactly like that, but the difference is it's digital or invisible. So now imagine you've turned gold into something virtual and stored on your computer or smartphone. Bitcoin has all the important aspects of gold, but it looks like a pulse. Incredible, is not it?
We can summarize that Bitcoin has characteristics like gold as follows:
Limited supply, where there will be only 21 million Bitcoins scattered around the world;
Not made by the Central Bank / government, but by an unknown party;
Not manufactured or controlled by individuals, groups or companies;
Impossible to duplicate or falsify;
Durable and not easily destroyed;
Obtained by mined, but using mining programs and mathematical algorithms;
Can be transacted worldwide;
The transaction can not be changed, meaning that after Bitcoin is given to someone else's hand, the transaction can not be canceled unless the person is willing to send Bitcoin back;
Can be exchanged and traded with various currencies in the world.
The above characteristics prove that in addition to its digital form, Bitcoin is more or less similar to gold. But you need to know that there are some things that cause Bitcoin better than gold.
Bitcoin is exactly like that, but the difference is it's digital or invisible. So now imagine you've turned gold into something virtual and stored on your computer or smartphone. Bitcoin has all the important aspects of gold, but it looks like a pulse. Incredible, is not it?
We can summarize that Bitcoin has characteristics like gold as follows:
Limited supply, where there will be only 21 million Bitcoins scattered around the world;
Not made by the Central Bank / government, but by an unknown party;
Not manufactured or controlled by individuals, groups or companies;
Impossible to duplicate or falsify;
Durable and not easily destroyed;
Obtained by mined, but using mining programs and mathematical algorithms;
Can be transacted worldwide;
The transaction can not be changed, meaning that after Bitcoin is given to someone else's hand, the transaction can not be canceled unless the person is willing to send Bitcoin back;
Can be exchanged and traded with various currencies in the world.
The above characteristics prove that in addition to its digital form, Bitcoin is more or less similar to gold. But you need to know that there are some things that cause Bitcoin better than gold.
At my opinion bitcoin is not better than gold, for example in situations when gold can be used for something useful, bitcoin is just a number in your wallet. Price is not means everything in this question and everyone need to understand it.
Bitcon is the best currency ! 
Bitcoin and gold is somewhat unique on their own, you can use gold as a commodity you can use for making other goods, while bitcoin can be used in online transactions for conviniency.
better bitcoin because the amount of gold may be limited, but unpredictable in value. Unlike Bitcoin that has a mathematical grip that can be calculated, so more stable and difficult manipulated,
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.
Bitcoin cannot replace gold, even bitcoin has a high value of money now , gold is better than bitcoin because in just a little part of bitcoin there is high amount of money in bitcoin you need to spend months to earn money but in gold you just need to sell it then you have a lot of money, because gold is one of the expensive things in the world. 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.
I think that bitcoin is much better than gold.But it is hard to compare real gold and bitcoin. Its value is quite high and it is difficult to exploit it. But I think the growth rate about its value will be different. Clearly, bitcoin will have a higher growth rate.
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.
You don't have to be the greatest trader to notice that bitcoin could bring you a great profin in the short term, especially if you'll invest a substantial sum. The same mone invested in gold will earn disproportionately low profit (if we talk about the short term)
It is hard to compare real gold and bitcoin. Its value is quite high and it is difficult to exploit it. But I think the growth rate about its value will be different. Clearly, bitcoin will have a higher growth rate. But I do not recommend that you choose bitcoin because of the high risk, so you should choose to invest both to earn a lot of profits in the future.
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.
I think that most of the guys from this Forum are 100% sure that Bitcoin is much better than gold. Otherwise, they would not make investments in BTC, right?
and probably our worldwide money soon.
Hmm, I think that it won`t happen in the nearest future.
For me, bitcoin is better than gold. But bitcoin is not yet a stable custodian of capital. at the moment Bitcoin can only supplement the gold. Stability is practically the only advantage of gold over Bitcoin. But in five to ten years Bitcoin will become an understandable and habitual financial asset and its price will stabilize.
gold is much better than bitcoin, because gold has a real form that we can save and we can take it anywhere. other than that gold also does not have a big risk of loss due to the decline in gold prices unlike bitcoin very far from the previous price. indeed investing in gold is not as big as investing bitcoin if we see the benefits. but also the risk of gold loss is not too large when compared with bitcoin. for that gold remains better than bitcoin in my view.
For me bitcoin and gold are the same high value in terms of our market but we can't compared it because they are diffirent form. Bitcoin is a online transactoin for payment, and probably our worldwide money soon.
gold is much better than bitcoin, because gold has a real form that we can save and we can take it anywhere. other than that gold also does not have a big risk of loss due to the decline in gold prices unlike bitcoin very far from the previous price. indeed investing in gold is not as big as investing bitcoin if we see the benefits. but also the risk of gold loss is not too large when compared with bitcoin. for that gold remains better than bitcoin in my view.
Bitcoin is digital crypto. So Bitcoin is better.
no no gold is better than bitcoin. gold has a universal acceptance and bitcoin has no universal acceptance. but future bitcoin will be the best digital currency. Yes, there are many differences but for me You'll never scammed while selling your gold while its highly risky when you selling your bitcoins.You discuss face to face while dealing in gold while bitcoin buyer is somewhere in the virtual world.
But I personally think Bitcoin is better than gold because have a potential to grow up my money.
Bitcoin is much better than gold , though both are assets that can be a safe haven against inflation of fiat currency, however, bitcoins is more profitable and also riskier than gold. Gold seems stable and reliable than bitcoins too.
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.
Moreover - bitcoin and gold, investment tools that are transformed into each other.
When they start selling gold, they buy bitcoin.
Although they are kinda alike, i think bitcoin is better gold. Gold is exhaustible unlike bitcoin. They would mine and mine gold until it is no more but that can't be said of bitcoin. They both have there pros and cons but bitcoin has an edge over gold.
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