Is gold better than Bitcoin? - page 18.

stromma44

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Quote from: jayce on October 11, 2016, 10:40:06 AM

Quote from: warid on October 11, 2016, 08:50:00 AM

Gold is older and more trusted than bitcoins

Yeah we all know that gold is a great investment thing, but imo bitcoin is better than gold, because bitcoin can be used as a currency beside as an investment thing. Also with blockchain technology, we can send our bitcoin to people from other country easily. But since not every people know bitcoin, gold still become favorite investment until now.

People who are not aware about the bitcoins and the traditional thinkers will always choose to invest in gold as gold exist since long time and that is the reason they have more faith in it.

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Quote from: marcuslong on October 11, 2016, 10:12:19 AM

Well in my opinion about gold and bitcoin -bitcoin is really good source of income every day every week every month of course if you are in signature campaign because you can really make profit there for free and you dont need any capital to start earning but in gold it is one time earning only not like bitcoin.

For me gold is going to be the best for it has been proven throughout the years. But we are in the new generation where technology conquers.

And with bitcoin this is going to be a good way to start with the new generation and new trend that is going to be liked by majority who are going to use it.

Gold is expensive , bitcoin is cheaper any amount will do for investing there.

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Quote from: warid on October 11, 2016, 08:50:00 AM

Gold is older and more trusted than bitcoins

Yeah we all know that gold is a great investment thing, but imo bitcoin is better than gold, because bitcoin can be used as a currency beside as an investment thing. Also with blockchain technology, we can send our bitcoin to people from other country easily. But since not every people know bitcoin, gold still become favorite investment until now.

rektDude

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Quote from: RealPhotoshoper on March 28, 2016, 01:28:31 PM

Quote from: Kprawn on March 28, 2016, 11:42:13 AM

A lot of people seem to think gold is the answer to all our problems. Every time the economy takes a turn for the worst, people turn to gold. {They invest in gold to hedge against these problems} If you

do not buy physical gold items/ornaments/jewelry/gold bars ... you still have ZERO protection against anything. It is just a piece of paper and a ledger entry on a private database. People seem to think

that there are tons of gold stored in secret vaults under government buildings. Is this true? https://www.youtube.com/watch?v=gZcRk7UClO4 { There are no proof of this and audits in the USA are about

60 years old. } You have the only entry to your investment, when you invest in Bitcoin. { The private key } The proof that it exist, is on a public blockchain.... Wink

the only thing make gold better than bitcoin is phisycal and gold can shaped in any jewelry,its easy and happy to have investement and also can wear that investement,so we can get two benefit,invest and jewelry.

I dont think that gold is better than bitcoins and other wise becuase they are both here in the world to make things easier so i dont undrstand that people
dont like gold or dont like bitcoin.

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Well in my opinion about gold and bitcoin -bitcoin is really good source of income every day every week every month of course if you are in signature campaign because you can really make profit there for free and you dont need any capital to start earning but in gold it is one time earning only not like bitcoin.

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Quote from: Kprawn on March 28, 2016, 12:39:21 PM

We are not comparing the practical application or use of gold... because even there, Bitcoin kicks ass. How much will it cost you to transfer say $ 1 000 000 000 worth of gold to another person anywhere

in the world. { The security and the physical transport } compared to how much the same value transfer will be if you use Bitcoin. If you do a paper transfer or a digital transfer, it would be much faster,

but, where are that gold? It is not your property until you took ownership of it. Can you walk up to these institutions and ask for your physical gold bars? The answer is NO. We have seen previous

occasions where private ownership of gold were banned too... So nothing is really safe, against any form of government control. Roll Eyes

I dont think that would happen because gold will never be better than the bitcoin becausse the bitcoin is here for an other reason than the gold
ever will be in this world for sure.

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Quote from: warid on October 11, 2016, 08:50:00 AM

Gold is older and more trusted than bitcoins

Even though gold is more trusted and older than bitcoins. We can see that bitcoin is going to be just like gold and this is a good alternative for all the people that are not able to invest with gold. And for me bitcoin is better than gold because I'm not a gold enthusiast so I will going to choose bitcoin in all aspects of investments.

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Gold is older and more trusted than bitcoins

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Quote from: greBit on October 11, 2016, 08:29:22 AM

If you compare the profits that you can make from both of them in long run then I think bitcoin holds upper hand over gold as bitcoin price can go beyond our imagination in future but gold won't exceed after a certain level.

Yes the price of gold will get saturated after certain level and it will be hard to expect higher price from it after that level and if you can afford to take higher risk then bitcoin is an solution.

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Quote from: greBit on October 11, 2016, 08:29:22 AM

If you compare the profits that you can make from both of them in long run then I think bitcoin holds upper hand over gold as bitcoin price can go beyond our imagination in future but gold won't exceed after a certain level.

Bitcoin give you more profit in small period of time

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If you compare the profits that you can make from both of them in long run then I think bitcoin holds upper hand over gold as bitcoin price can go beyond our imagination in future but gold won't exceed after a certain level.

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No, Bitcoin is better than gold

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Quote from: ice098 on October 11, 2016, 07:58:30 AM

Quote from: peta4e on October 11, 2016, 07:47:25 AM

Quote from: noictib on October 11, 2016, 06:39:56 AM

Quote from: BitHodler on October 11, 2016, 06:14:02 AM

Quote from: dreamer81 on October 11, 2016, 06:08:25 AM

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

since both of them are useful at there place . but in my opinion gold is better for security to save . because in bitcoin if any data erase did then what will happen with your money .
some.time during updating the wallet many people found btc are not in wallet . so they need backup .
now question is arise now!! what happened when you have no backup . totally loss of your savings .
overall both of them are good in my opinion .

If you are a long term investor then both are the best as an investment, no doubt gold is much safer and secure in compare to bitcoins but bitcoins has great ability to give higher profits.

Agree gold is better than bitcoin because of its price and it is really recognize by all people and also unlike bitcoin it is really unstable price so it is very risky so if you do have a money to invest go for gold i know you can earn a pretty decent amount of profit by it.

Everyone cannot afford to invest in gold as it requires descent capital but in bitcoin you can start even with a small amount and the other best thing is that you can also earn it in multiple ways.

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Quote from: peta4e on October 11, 2016, 07:47:25 AM

Quote from: noictib on October 11, 2016, 06:39:56 AM

Quote from: BitHodler on October 11, 2016, 06:14:02 AM

Quote from: dreamer81 on October 11, 2016, 06:08:25 AM

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

since both of them are useful at there place . but in my opinion gold is better for security to save . because in bitcoin if any data erase did then what will happen with your money .
some.time during updating the wallet many people found btc are not in wallet . so they need backup .
now question is arise now!! what happened when you have no backup . totally loss of your savings .
overall both of them are good in my opinion .

If you are a long term investor then both are the best as an investment, no doubt gold is much safer and secure in compare to bitcoins but bitcoins has great ability to give higher profits.

Agree gold is better than bitcoin because of its price and it is really recognize by all people and also unlike bitcoin it is really unstable price so it is very risky so if you do have a money to invest go for gold i know you can earn a pretty decent amount of profit by it.

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Quote from: BADecker on October 11, 2016, 01:00:00 AM

When AI takes over, it will use Bitcoin exclusively. Cool

Just watched the doc from 60 minutes last night too?
AI has come just like from these shows. Westwood for one looks just like what is being made now.

BitHodler

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Quote from: noictib on October 11, 2016, 06:39:56 AM

Quote from: BitHodler on October 11, 2016, 06:14:02 AM

Quote from: dreamer81 on October 11, 2016, 06:08:25 AM

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

since both of them are useful at there place . but in my opinion gold is better for security to save . because in bitcoin if any data erase did then what will happen with your money .
some.time during updating the wallet many people found btc are not in wallet . so they need backup .
now question is arise now!! what happened when you have no backup . totally loss of your savings .
overall both of them are good in my opinion .

If you have no backup of your wallet file, and it for whatever reason gets corrupted or "miraculously" vanishes from your PC, then it's game over for you.

That's why you at all times should have many backups of all your wallet files as you will be on the safe side then.

But then again, only newbies might come into a situation where they accidentally remove their wallet file while they didn't know they had to make a backup first.

peta4e

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Quote from: noictib on October 11, 2016, 06:39:56 AM

Quote from: BitHodler on October 11, 2016, 06:14:02 AM

Quote from: dreamer81 on October 11, 2016, 06:08:25 AM

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

since both of them are useful at there place . but in my opinion gold is better for security to save . because in bitcoin if any data erase did then what will happen with your money .
some.time during updating the wallet many people found btc are not in wallet . so they need backup .
now question is arise now!! what happened when you have no backup . totally loss of your savings .
overall both of them are good in my opinion .

If you are a long term investor then both are the best as an investment, no doubt gold is much safer and secure in compare to bitcoins but bitcoins has great ability to give higher profits.

ObscureBean

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Quote from: BADecker on October 11, 2016, 01:00:00 AM

When AI takes over, it will use Bitcoin exclusively. Cool

Quite the opposite, if AI takes over, they certainly wouldn't allow humans to use any type of currency/money which could be used to recruit people and mount a rebellion. Plus slaves don't need money anyways Tongue

Bitcoin uses the internet/technology which makes it extremely easy for them to control, gold on the other hand would much harder for them to keep track of.

EDIT - oops I misread your comment Roll Eyes

I thought you meant we would be using Bitcoin exclusively. My bad.

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Quote from: BitHodler on October 11, 2016, 06:14:02 AM

Quote from: dreamer81 on October 11, 2016, 06:08:25 AM

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

since both of them are useful at there place . but in my opinion gold is better for security to save . because in bitcoin if any data erase did then what will happen with your money .
some.time during updating the wallet many people found btc are not in wallet . so they need backup .
now question is arise now!! what happened when you have no backup . totally loss of your savings .
overall both of them are good in my opinion .

BitHodler

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Quote from: dreamer81 on October 11, 2016, 06:08:25 AM

Gold and bitcoin is the same. The value will go up when the USD goes down. It's as simple as that.

They are quite the same in the way that both can be used as a currency tool, store of value, having a part of your money outside the banking system, and the list goes on.

But Bitcoin has the advantage of having a limited supply, and that it's entirely a digital tool.

You can have a wallet backup file with billions worth of coins in an USB drive or a paper wallet, where with gold you can't have all that in your house.

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