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Topic: Is gold better than Bitcoin? - page 16. (Read 42166 times)

legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
October 12, 2016, 06:47:03 AM
Gold is surely better in compare to bitcoin when it comes to an long term investment as it is much safer in compare to bitcoins and it will surely give you profits in long term.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
October 12, 2016, 06:18:14 AM
Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery Cheesy Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand.
You can never say that gold is better than bitcoins becuase they are both good and allot of peopel want to use them both so you cant say
the one is better than the other one you know.

What you say is true, one is not 'better' than the other however the more complicated/advanced something is, the more dependencies it relies on just to exist, any single one of those dependencies fail and the whole thing comes crumbling down. Gold exists in and of itself without the need for dependencies like electricity, internet or electronic devices.
And I think gold holds more number of trusted users as it its allowing them to make good profits over a period of time and the trend will continue even in future.
No doubt because gold has been in existence before fiat was created I guess, and if you will compare with bitcoin they will certainly choose gold over bitcoin, however if you cannot invest gold you can always invest with bitcoin as it does not require a lot of capital to do it.

Yeah that's a great benefit of investing in bitcoin that you can start even with a small capital and added advantage is that you can even earn them so ultimately it will help you in growing your investment.

Investment is very profitable for us who did understand about the game bitcoin. We will feel the advantage of trusting and knowing well about bitcoin. Because all the knowledge we get will certainly provide an excellent effect for us and we certainly will vote for investment

At this stage I will prefer to invest in bitcoin as it has great potential to give huge profits in future which may not possible with gold and even we need to wait longer to expect profits from gold.

Oh for sure, Bitcoin is way more profitable than gold, I too would choose Bitcoin as an investment. But for long term storage of my wealth I would definitely go with gold. with Bitcoin you can't simply buy and forget for 10 - 20 years, you need to always pay attention to what is happening with the technology, like for example if there is a fork and they give a deadline to swap your coins, you could end up losing everything if you're not keeping up to date with what's going on.

If you have invested your money in bitcoins then you will surely keep yourself active with the price movements as no one will prefer to loose their money, and if you are active then it will bring more profits for you.
member
Activity: 98
Merit: 10
October 12, 2016, 05:46:28 AM
Of course, if your power is out the Gold will be accessible and tangible. Nobody will even care to hear of BTC when there is no electricity, but by all other means, I consider them almost equal.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
October 12, 2016, 05:36:45 AM
Gold is more stable price-wise compared to bitcoin. But, you can send bitcoin through the internet. What is better? completely depends on the person using it.
legendary
Activity: 1148
Merit: 1000
October 12, 2016, 05:34:29 AM
Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery Cheesy Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand.
You can never say that gold is better than bitcoins becuase they are both good and allot of peopel want to use them both so you cant say
the one is better than the other one you know.

What you say is true, one is not 'better' than the other however the more complicated/advanced something is, the more dependencies it relies on just to exist, any single one of those dependencies fail and the whole thing comes crumbling down. Gold exists in and of itself without the need for dependencies like electricity, internet or electronic devices.
And I think gold holds more number of trusted users as it its allowing them to make good profits over a period of time and the trend will continue even in future.
No doubt because gold has been in existence before fiat was created I guess, and if you will compare with bitcoin they will certainly choose gold over bitcoin, however if you cannot invest gold you can always invest with bitcoin as it does not require a lot of capital to do it.

Yeah that's a great benefit of investing in bitcoin that you can start even with a small capital and added advantage is that you can even earn them so ultimately it will help you in growing your investment.

Investment is very profitable for us who did understand about the game bitcoin. We will feel the advantage of trusting and knowing well about bitcoin. Because all the knowledge we get will certainly provide an excellent effect for us and we certainly will vote for investment

At this stage I will prefer to invest in bitcoin as it has great potential to give huge profits in future which may not possible with gold and even we need to wait longer to expect profits from gold.

Oh for sure, Bitcoin is way more profitable than gold, I too would choose Bitcoin as an investment. But for long term storage of my wealth I would definitely go with gold. with Bitcoin you can't simply buy and forget for 10 - 20 years, you need to always pay attention to what is happening with the technology, like for example if there is a fork and they give a deadline to swap your coins, you could end up losing everything if you're not keeping up to date with what's going on.
legendary
Activity: 896
Merit: 1000
October 12, 2016, 04:57:18 AM
We should avail the opportunities available and this is right way. There are many advantages of going for diversity as you don't become dependent on just a single thing. I will say Bitcoin,gold and cash all three should be with some reasonable ratio. That depends on you how to want to manage the percentage. Bitcoin as investment to grow big while gold is for both for bad times and cash for general needs all the times everywhere.

the percentage in fiat shoud always be at least 50% since you at all times must have money aside for when you need it. the only negative aspect of gold for me is that when you plan to make a large investment, that you have it in physical form in your house. out of safety purposes i only have a small amount of gold. and yes, i know that banks offer an option to store it for you, but i don't like the idea of banks having even more control over my wealth. that's why i will never buy a lot gold.
legendary
Activity: 854
Merit: 1000
October 12, 2016, 04:32:15 AM
I would not say that gold is better is better then Bitcoin or Bitcoin is better then gold because I do not know that much about gold. I know allot about Bitcoin but that is also the only crypto currency that I make use of.
So I would say that it is a good thing to invest in Bitcoin but I am not sure about gold.
You can liquidate bitcoin anytime anywhere and all you need is just an internet connection (even dial up would do).Same is not true for gold, you need gold merchants to sell your gold if you want to sell at current market rate.
If you sell to individual,you will have the onus to prove purity of gold
hero member
Activity: 714
Merit: 500
October 12, 2016, 04:30:47 AM
We should avail the opportunities available and this is right way. There are many advantages of going for diversity as you don't become dependent on just a single thing. I will say Bitcoin,gold and cash all three should be with some reasonable ratio. That depends on you how to want to manage the percentage. Bitcoin as investment to grow big while gold is for both for bad times and cash for general needs all the times everywhere.
hero member
Activity: 868
Merit: 1000
October 12, 2016, 04:26:44 AM
Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery Cheesy Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand.
You can never say that gold is better than bitcoins becuase they are both good and allot of peopel want to use them both so you cant say
the one is better than the other one you know.

What you say is true, one is not 'better' than the other however the more complicated/advanced something is, the more dependencies it relies on just to exist, any single one of those dependencies fail and the whole thing comes crumbling down. Gold exists in and of itself without the need for dependencies like electricity, internet or electronic devices.
And I think gold holds more number of trusted users as it its allowing them to make good profits over a period of time and the trend will continue even in future.
No doubt because gold has been in existence before fiat was created I guess, and if you will compare with bitcoin they will certainly choose gold over bitcoin, however if you cannot invest gold you can always invest with bitcoin as it does not require a lot of capital to do it.

Yeah that's a great benefit of investing in bitcoin that you can start even with a small capital and added advantage is that you can even earn them so ultimately it will help you in growing your investment.

Investment is very profitable for us who did understand about the game bitcoin. We will feel the advantage of trusting and knowing well about bitcoin. Because all the knowledge we get will certainly provide an excellent effect for us and we certainly will vote for investment

At this stage I will prefer to invest in bitcoin as it has great potential to give huge profits in future which may not possible with gold and even we need to wait longer to expect profits from gold.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
October 12, 2016, 04:23:16 AM
Gold is not better than Bitcoin but gold just works differenly, gold has been here for very long so it has a very big foundation.
Gold is super stable so good for keeping money save and bitcoin gives chance to make money with a little risk.

Nothing in the world is "super stable". Gold has been down like 5% in the last 30 days, which shows that there is volatility even there. Wink
everything is having volatile,even dollar,even euro,or anything else in this world,stable doesn't mean the price will always increasing or similiar thing with it,and there's no word super stable in my opinion,anything have a chance to be reduced its value so does with the gold that people are considering it as precious thing
hero member
Activity: 756
Merit: 500
October 12, 2016, 03:50:11 AM
Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery Cheesy Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand.
You can never say that gold is better than bitcoins becuase they are both good and allot of peopel want to use them both so you cant say
the one is better than the other one you know.

What you say is true, one is not 'better' than the other however the more complicated/advanced something is, the more dependencies it relies on just to exist, any single one of those dependencies fail and the whole thing comes crumbling down. Gold exists in and of itself without the need for dependencies like electricity, internet or electronic devices.
And I think gold holds more number of trusted users as it its allowing them to make good profits over a period of time and the trend will continue even in future.
No doubt because gold has been in existence before fiat was created I guess, and if you will compare with bitcoin they will certainly choose gold over bitcoin, however if you cannot invest gold you can always invest with bitcoin as it does not require a lot of capital to do it.

Yeah that's a great benefit of investing in bitcoin that you can start even with a small capital and added advantage is that you can even earn them so ultimately it will help you in growing your investment.

Investment is very profitable for us who did understand about the game bitcoin. We will feel the advantage of trusting and knowing well about bitcoin. Because all the knowledge we get will certainly provide an excellent effect for us and we certainly will vote for investment
hero member
Activity: 1148
Merit: 527
October 12, 2016, 03:49:09 AM
Gold is not better than Bitcoin but gold just works differenly, gold has been here for very long so it has a very big foundation.
Gold is super stable so good for keeping money save and bitcoin gives chance to make money with a little risk.

Nothing in the world is "super stable". Gold has been down like 5% in the last 30 days, which shows that there is volatility even there. Wink
That is the reason, I never agree with going for gold investments as it is also has all the pitfalls of any investment opportunity. But, there are people who are still climing gold for lifelong holding, they are not ready to accept bitcoin for similar opportunities.

Bitcoin has all the potential to give more returns compared to gold, still we can have gold in small percentage, but going with bitcoin investments for your all investment capital will not disappoint you.
hero member
Activity: 812
Merit: 1000
October 12, 2016, 03:45:46 AM
Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery Cheesy Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand.
You can never say that gold is better than bitcoins becuase they are both good and allot of peopel want to use them both so you cant say
the one is better than the other one you know.

What you say is true, one is not 'better' than the other however the more complicated/advanced something is, the more dependencies it relies on just to exist, any single one of those dependencies fail and the whole thing comes crumbling down. Gold exists in and of itself without the need for dependencies like electricity, internet or electronic devices.
And I think gold holds more number of trusted users as it its allowing them to make good profits over a period of time and the trend will continue even in future.
No doubt because gold has been in existence before fiat was created I guess, and if you will compare with bitcoin they will certainly choose gold over bitcoin, however if you cannot invest gold you can always invest with bitcoin as it does not require a lot of capital to do it.

Yeah that's a great benefit of investing in bitcoin that you can start even with a small capital and added advantage is that you can even earn them so ultimately it will help you in growing your investment.
legendary
Activity: 2170
Merit: 1427
October 12, 2016, 03:41:18 AM
Gold is not better than Bitcoin but gold just works differenly, gold has been here for very long so it has a very big foundation.
Gold is super stable so good for keeping money save and bitcoin gives chance to make money with a little risk.

Nothing in the world is "super stable". Gold has been down like 5% in the last 30 days, which shows that there is volatility even there. Wink
member
Activity: 76
Merit: 10
October 12, 2016, 03:35:02 AM
Depends what you mean by better, gold is a physical, tangible, rare metal, bitcoin is a unique cryptographic record and a unit of account, with value because people think it has value due to it being a store of wealth and a unit of exchange. Bitcoin is akin to cash in that way, only bitcoin isnt controlled by banks but by the people as a unit of account. Gold is a physical, tangible metal, gold is a 'safer' one but both are good as a wealth store. Gold is the 'safer' one and it is something physical that will remain. Bitcoin was intended to be a unit of account
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 12, 2016, 03:32:01 AM
Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery Cheesy Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand.
You can never say that gold is better than bitcoins becuase they are both good and allot of peopel want to use them both so you cant say
the one is better than the other one you know.

What you say is true, one is not 'better' than the other however the more complicated/advanced something is, the more dependencies it relies on just to exist, any single one of those dependencies fail and the whole thing comes crumbling down. Gold exists in and of itself without the need for dependencies like electricity, internet or electronic devices.
And I think gold holds more number of trusted users as it its allowing them to make good profits over a period of time and the trend will continue even in future.
No doubt because gold has been in existence before fiat was created I guess, and if you will compare with bitcoin they will certainly choose gold over bitcoin, however if you cannot invest gold you can always invest with bitcoin as it does not require a lot of capital to do it.
sr. member
Activity: 364
Merit: 250
October 12, 2016, 03:16:06 AM
I would not say that gold is better is better then Bitcoin or Bitcoin is better then gold because I do not know that much about gold. I know allot about Bitcoin but that is also the only crypto currency that I make use of.
So I would say that it is a good thing to invest in Bitcoin but I am not sure about gold.
legendary
Activity: 1008
Merit: 1000
October 12, 2016, 03:07:52 AM
Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery Cheesy Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand.
You can never say that gold is better than bitcoins becuase they are both good and allot of peopel want to use them both so you cant say
the one is better than the other one you know.

What you say is true, one is not 'better' than the other however the more complicated/advanced something is, the more dependencies it relies on just to exist, any single one of those dependencies fail and the whole thing comes crumbling down. Gold exists in and of itself without the need for dependencies like electricity, internet or electronic devices.
And I think gold holds more number of trusted users as it its allowing them to make good profits over a period of time and the trend will continue even in future.
legendary
Activity: 1148
Merit: 1000
October 12, 2016, 02:52:57 AM
Gold has been traded for centuries and has withstood the test of time. Gold has also an aesthetic value for the rich people who love to flaunt around their new super expensive gold jewellery Cheesy Now I think both Bitcoin and gold can be used as a store of value with the only difference being that Bitcoin wealth can be moved inconspicuously while physical gold despite looking good in person has a lot of weight to it and you would need a safe to protect that treasure from prying eyes. All in all both have their advantages and disadvantages and their utility depends on the situation at hand.
You can never say that gold is better than bitcoins becuase they are both good and allot of peopel want to use them both so you cant say
the one is better than the other one you know.

What you say is true, one is not 'better' than the other however the more complicated/advanced something is, the more dependencies it relies on just to exist, any single one of those dependencies fail and the whole thing comes crumbling down. Gold exists in and of itself without the need for dependencies like electricity, internet or electronic devices.
hero member
Activity: 812
Merit: 1000
October 12, 2016, 02:47:17 AM
Gold is not better than Bitcoin but gold just works differenly, gold has been here for very long so it has a very big foundation.
Gold is super stable so good for keeping money save and bitcoin gives chance to make money with a little risk.

I don't think bitcoin involves little risk in making money, in fact it is a huge risk to invest in bitcoin as its price can go down any time and can bring loss for us, but gold is safe as an investment in long run.
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