What makes bitcoin takes a lead from gold is the accessibility. Bitcoin can be accessed anywhere as long as you have internet. Not only that you can access it but you can own satoshi even in cents while you cannot have gold if you only have cents.
So in short, the two things that give bitcoin to move faster than gold aside from the limited supply are its accessibility and its retail value.
Topic: [FORBES] Is Bitcoin Better Than Gold? - page 4. (Read 3645 times)
Lots of peoples is agreed bitcoin is the best way to invest their money online. It's grow significantly.
But no one can predict what will happen next to this internet money aka crypto currency.
And gold, everyone knows gold is like honey. It will be still sweet even you keep it for 20 years. And the price is never bad.
But no one can predict what will happen next to this internet money aka crypto currency.
And gold, everyone knows gold is like honey. It will be still sweet even you keep it for 20 years. And the price is never bad.
Lop who the hell would want gold over bitcoin ? Are you going to pay me with gold through the internet ? How ? Post it ? Lol
Should we go back to trading animals rather ? Lol. Pretty obvious why we use bitcoin. We dont wanna all walk around with gold and silver in our pockets.
Should we go back to trading animals rather ? Lol. Pretty obvious why we use bitcoin. We dont wanna all walk around with gold and silver in our pockets.
Does this make Bitcoin a better long term investment than gold?
Bitcoin is a functionally advanced form of gold. Investing in Bitcoin you have a guarantee that your savings will not be lost because of the devaluation, you can be sure that the government can not get access to your personal account.
so i think invest in bitcoin better than gold
In some ways, it is. Bitcoin is virtual only. This makes our cryptocurrency impossible to be counterfeited. We're also taking part to a relatively new innovation that can change the way our world works. Because there's no physical Bitcoin, you can send or receive it at any time without ever thinking whether is it real or fake. At the same time, Bitcoin not existing in a physical form can be a bad thing: if the Internet gets shut down, we're done.
Wail I won't be wearing a big fat bitcoin chain round my neck, or bitcoin earrings. Gold got its value, to be sure an' I'm very surprised it hasn't shot up with Mr. Trump getting elected. We all got reason to be fearful of our money now. But gold and silver are still up a lot for the year, just not as much as bitcoin. Who knows. They both good to own in my opinion.
This is a question that always generates debate. I think that, at the moment, Bitcoin is a better possibility of investment, because in addition to the economic and political factors, there are also technological factors, since important network improvements can be brought to Bitcoin for the next few months.
If someone wants to invest his money on a safe gain over the course of years, then he would choose the gold.
Bitcoin may bring bigger profits, however it is not as stable as gold, so the risk factor would be not good enough for huge amount of investors.
Bitcoin may bring bigger profits, however it is not as stable as gold, so the risk factor would be not good enough for huge amount of investors.
Personally I think anyone with enough money would be wise to invest in some of both.
Gold as a long-term safety net.
Bitcoin as a short-term investment that has the risk to gain or lose value, but the possibility of a larger return.
Gold as a long-term safety net.
Bitcoin as a short-term investment that has the risk to gain or lose value, but the possibility of a larger return.
How many threads are we going to see in this forum comparing bitcoin to gold. Gold for me is currently more trustworthy then bitcoin, bitcoin is too unstable,while the price of gold is continuing to rise. If you have gold, you don't need to worry .
Its funny the report says that gold can be sent as gift, we can pay with bitcoin for those purpose, and we can create an wallet with bitcoin and let the person choose what to do with them, exchange or buy a gift, bitcoin isnt material and its somethign that does scares investors, but the results of bitcoin not only this year, but for a long time has been always better then any other currencie.
give it 20-30 years and then we'll see. it's a dumb comparison to make at such an early stage. the markets have zero comparison right now.
Bitcoin = 21 Million supply, may bitcoin will be a rare stuff with fastest.
Gold = real physical and still get mining from a long time ago.
It was reasonable for bitcoin was being superior to gold.
Gold = real physical and still get mining from a long time ago.
It was reasonable for bitcoin was being superior to gold.
Didn't think of it in that respect but the numbers don't lie. 
Bitcoin has been more valuable in that aspect on growth. So I would rather have a whole bitcoin than a gram of gold anyday!
Bitcoin has been more valuable in that aspect on growth. So I would rather have a whole bitcoin than a gram of gold anyday!
Yeah you are absolutely right in the aspect on growth bitcoin is better rather than gold, and bitcoin always increase the value years by years. Bitcoin also more profitable if we see that fluctuations.
But gold isn't too bad, in aspect on trusted, gold win dude. The most of countries in the world recognize and it is stable money.
Didn't think of it in that respect but the numbers don't lie.
Bitcoin has been more valuable in that aspect on growth. So I would rather have a whole bitcoin than a gram of gold anyday!
The numbers do show that bitcoin has been the winner in terms of investment. Bitcoin has been more valuable in that aspect on growth. So I would rather have a whole bitcoin than a gram of gold anyday!
There is always going to be people that you just can't bring to bitcoin because it is not physical, even though most gold dealers don't deal in physical gold.
I feel safer with bitcoin because of the 21mil bct cap, the fed can print away to their hearts content and who really knows what the accessible gold reserves really are, probably way above what they tell us to keep the price high.
Didn't think of it in that respect but the numbers don't lie.
Bitcoin has been more valuable in that aspect on growth. So I would rather have a whole bitcoin than a gram of gold anyday!
Bitcoin has been more valuable in that aspect on growth. So I would rather have a whole bitcoin than a gram of gold anyday!
as far as price is concerned,bitcoin is certainly a better option for it can give huge returns over time but it is also a bit risky as prices are very unstable too.Gold gives financial security to investor
wow it is always the same thing. if bitcoin had a bad year it is the end of crypto. but if bitcoin had a good year, like this one, then people freak out too. guess where the roller coaster is going next after it was climbing up fore a while. btw i do not get the comparison to gold all the time. gold serves a different purpose and was never meant to break some interest rates like some seem to expect it here.
I can definitely see bitcoin being something great in the next few years but cannot really see gold being anywhere soon. Gold might go up 100%, even, in line with inflation. But bitcoin will probably beat inflation.
Bitcoin is basically digital gold.
Bitcoin is basically digital gold.
I really miss cypherdoc's bitcoin vs gold thread. Too bad he's a scammer now. Here's a link to the original thread if anyone wants to read it. It has a really good summary of why bitcoin is better than gold and was written long before Forbes ever thought that was true.
Gold: I smell a trap https://bitcointalksearch.org/topic/m.443129
Gold: I smell a trap https://bitcointalksearch.org/topic/m.443129
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