Topic: Bitcoin or gold? - page 359. (Read 984457 times)

If you are going to think clearly bitcoin is much better than gold. Bitcoin can be used by a normal person for buying and selling things. Just like buying gift cards to amazon you can buy it with the help of bitcoins. And you can just send your fund to anyone in the world as long as he has wallet address so that you can send it to him easily.

I think bitcoin is much better than gold, because the traders can earn profit more faster in bitcoin rather than gold, the reason is that gold price is more near to stability and bitcoin price fluctuate at bigger pumps and dumps, and any person can afford bitcoin while gold is only for rich people.

Yeah and while selling gold you need to follow lot of procedures and show them the proofs, while buying and selling is very simple in bitcoin, it enjoys full freedom.

Yeah as of now I will choose bitcoin as halving has just gone but we will see its effect in next few months, so if we invest in it now then we can get some good profits by the end of the year.

I agree it is really better if you are going to focus on bitcoin rather than gold. And it is better to work bitcoin rather than gold. Gold is physical and it is really hard to sell it. But if with bitcoin you can just sell it to the exchange sites easily and there are now stores that do accept bitcoins for payment and as well as merchants.

Actually the price of bitcoin is stable right now, don't have a significant increase or decrease and maybe it's because the halving. But i prefer using bitcoin for right now.

it is good to have bitcoin than gold now as price will increase in the coming months. gold is having the same price for over years.

Choosing gold is good for this days.. But we all are dealing BTC as a business and we all know that gold is also limited and BTC is also limited, and the price of Gold is high that we cant afford the Gold... So BTC is the best option, it will rise and come in compare to Gold

Because are scared that their local currency is going to be dead. That's why as early as they know they are doing something in able to prevent that to happen. That is why prevention is better than cure. And they know that bitcoin is really going to be a great currency and they can't control it once it is going to be used to their country.

I prefer to choose bitcoin for investmen in shorterm and gold for the longterm
also both is good choice to hold it for the longterm.

I don't see why such countries should prohibit using bitcoins when it is beneficial to the people, with bitcoin we can easily transact online and we can avoid huge fees charge by other companies for online fund transfer and transactions.

In addition, this is also a good investment, I don't think there is something bad with using bitcoins.

Bitcoins is not yet universally accepted, many countries are not willing to regulate the bitcoins because of which there is lack of trust towards bitcoins. For the time being its better to invest large money in gold and less money on bitcoins, just to be on safer side.

Yes you are right that is why I'm not rushing for the price increase because all of the sudden it will just going to happen without any notifications.
But still the halving did happened and I'm expecting it is going to happen soon unlike gold the price of it increases slowly.
And in bitcoin it can just increase rapidly.

Price fluctuations will always be a part of bitcoin, and we should view it as an opportunity to make profits on regular basis which is never possible with gold as gold is too stable in compare to bitcoins.

i choose the bitcoins, you will need is to online and express your idea, not like a gold to earn this you need to be a miners, just kidding how i can afford the gold if i have no money, while if i online and express my idea to other i can earn income in bitcoins, also i agree that the bitcoins is a digital gold. so what are we waiting for lets go and go to bitcoins eveyday. im happy to be part of this network.

As of now the price of bitcoin is stable from $660-$670 but it doesn't matter if we look backed from its price a month a go the price did really increase rapidly and we can say that it is the amazing thing about bitcoin but of course there is also going to be a down fall but let's don't think about it.
Bitcoin is the digital gold.

Grams of gold is not feasible to use as the overhead to handling is far too high.   You will lose more on the dealing of the gold then was ever of benefit in having it as stable currency so this is not feasible and its a challenge as an idea.  Bitcoin wins this round fairly clear


But neither is this true, 'gold is only for rich people'  
Rich people always have the advantage of size and the ability to dominate a deal with their superior financing, thats just an advantage they have.  Also its useful to an economy to have those who will risk their capital even for personal profit, this element is useful to society and to keep balance it just requires they also pay the price and suffer loss if they are wrong.  You cannot save the rich from themselves, it is the competition of capitalism.  Sometimes the rich become poor and also poor become rich hopefully though enterprise and work but also  just luck :p

The point about gold for rich is wrong because in the modern day we have a variety of ways to distribute gold beyond the pure physical.   To carry around a gram of gold would be silly, not recognisable or easy to use and so not fungible.
However we do have the technology to have digital currency and so a link to gold.  Ive mentioned before, its very real that your electronic card for buying food can be linked to the current gold price.   You will be spending food while buying rice and meat, there are costs as again bitcoin might do well in comparison but bitcoin is not as stable just yet
Right now in less then a month they could make dollars a form of digital gold, its all possible to do but very unlikely as the US government cannot afford to pay 1:1 its debts every day and they would default

Bitcoin would be the winner since it price rapidly increases rather than gold but gold is a precious mineral which it's value increases gradually but surely but not as fast as Bitcoin.

I agree that is why bitcoin is better than gold with that characteristic of bitcoin we are able to get some good opportunities out of it.
Unlike gold, yeah it is gold, expensive and very hard to get it. If you want some and you don't have enough money for buying, go dig the mountains and go mine for it.

Bitcoin will allow us to make small profits but in quick time which is never possible with gold ever, so I would be much satisfied with regular small profits rather then waiting too long.