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Topic: Is gold better than Bitcoin? - page 22. (Read 42139 times)

full member
Activity: 136
Merit: 100
October 09, 2016, 01:45:40 PM
I admire both. I like to buy golds with bitcoin earnings. Though these prices fluctuate, though these two have same values, they differ in few scenarios. Gold is a physical coin and Bitcoin is a digital currency. Gold at times are stolen outside. Compared to gold, bitcoin is more safe though it is sometimes hacked from few users who have not yet set security in their systems as directed by the wallet sites.  
sr. member
Activity: 240
Merit: 250
October 09, 2016, 01:44:14 PM
Gold is not simple to store, but bitcoin is. For physical thefts, gold is the prior target of thieves, but bitcoin can't be easily stolen unless they are pro hackers
The gold price is always stable. It may go up, but it will not fall like hell. Yes in Bitcoin we will not be sure what happen tomorrow. The price may cross 1000$, or it will fall to 1$. We had proof last time when halving happened the price suddenly went down to 100$. But in gold, i think we will not face this type of situation. So for me, Gold is better.

Exactly, bitcoin was too fragile in 2013-2015, this year is more stable, especially after the block halving.
legendary
Activity: 1456
Merit: 1023
October 09, 2016, 01:41:38 PM
Gold is not simple to store, but bitcoin is. For physical thefts, gold is the prior target of thieves, but bitcoin can't be easily stolen unless they are pro hackers
The gold price is always stable. It may go up, but it will not fall like hell. Yes in Bitcoin we will not be sure what happen tomorrow. The price may cross 1000$, or it will fall to 1$. We had proof last time when halving happened the price suddenly went down to 100$. But in gold, i think we will not face this type of situation. So for me, Gold is better.
full member
Activity: 196
Merit: 100
October 09, 2016, 01:34:07 PM
I will choose bitcoin for the fact that it has ability to give best profits in future which is not possible with gold and to make profits from gold we need to wait for a long time.
Ya not only have to wait for the long time but i think investment in gold requires much more bigger amount to recieve any decent amount of profit but with bitcoin chances of getting profit in much higher even for small investors.
sr. member
Activity: 240
Merit: 250
October 09, 2016, 01:34:01 PM
Gold is not simple to store, but bitcoin is. For physical thefts, gold is the prior target of thieves, but bitcoin can't be easily stolen unless they are pro hackers
legendary
Activity: 2030
Merit: 1030
Privacy is always important
October 09, 2016, 01:31:46 PM
gold is the oldest and the strongest valuable stuff in earths history it was avalible from the beggning of the earth and this cause banks to first build and now the have concurred the whole world but bitcoin is not related by bank or nor it is connected by gold on any strong so i think bitcoin is sutable for everything at this highspeed generation no matter its long or short term use bitcoin is best choice for both
bitcoin is best choice for those who knows bitcoin but for those who did not know about bitcoin they wil stay to choose gold instead.. since it has a stable price and yearly interest. thats why we want bitcoin because we can earn it in signature campaign unlike in gold..
sr. member
Activity: 280
Merit: 253
October 09, 2016, 01:27:07 PM
I will choose bitcoin for the fact that it has ability to give best profits in future which is not possible with gold and to make profits from gold we need to wait for a long time.

Gold is mainly used as a long term store of wealth solution by people. Especially in current times where the trust in banks is getting lower and lower. When it comes to short term investments, Bitcoin is definitely the better option.
that is an interesting point. the people buying gold for safety reasons might have a hard time to trust bitcoin to not crash overnight and still prefer gold, even with better short term possibilities.
sr. member
Activity: 322
Merit: 250
October 09, 2016, 01:23:38 PM
gold is the oldest and the strongest valuable stuff in earths history it was avalible from the beggning of the earth and this cause banks to first build and now the have concurred the whole world but bitcoin is not related by bank or nor it is connected by gold on any strong so i think bitcoin is sutable for everything at this highspeed generation no matter its long or short term use bitcoin is best choice for both
hero member
Activity: 672
Merit: 500
October 09, 2016, 01:13:26 PM
I will choose bitcoin for the fact that it has ability to give best profits in future which is not possible with gold and to make profits from gold we need to wait for a long time.

Gold is mainly used as a long term store of wealth solution by people. Especially in current times where the trust in banks is getting lower and lower. When it comes to short term investments, Bitcoin is definitely the better option.

Yeah and most of the people wants to make quick profits and for that reason they will choose bitcoin as earning profits form gold is an time consuming process.
STT
legendary
Activity: 4004
Merit: 1428
Catalog Websites
October 09, 2016, 01:01:30 PM
Bitcoin has many advantages over gold, and bitcoin is scalable,I will choose bitcoin Smiley

Gold is perfectly scalable same as bitcoin.   We are all young people here relatively or we'd remember this to be true from previous use of gold in economies.  Certainly it can be true now and it was in the past that only a small amount of gold is needed to circulate value in a currency.

Modern versions of small use of gold would be done digitally, not just as in a cryptographic form like this but also through use of gold backed credit cards.   A gold card doesnt have to be figurative, literally you can link your balance used for food or clothes shopping to a gold settled currency account.   Every month they would deduct your monthly shop from your gold holdings, as its credit based you are literally holding nothing in your worth but gold.  

Old version of gold use would be with coins with a low gold content.  The modern gold coins are pure 24 carat but this is not practical as gold is soft but its quite possible to combine gold with copper for a much lower worth, its scalable in this way.

Bitcoin only has an advantage for 1 penny transactions.   It seems to be hitting a barrier on allowing tiny stuff like this into the blockchain ?
legendary
Activity: 2170
Merit: 1427
October 09, 2016, 12:58:23 PM
I will choose bitcoin for the fact that it has ability to give best profits in future which is not possible with gold and to make profits from gold we need to wait for a long time.

Gold is mainly used as a long term store of wealth solution by people. Especially in current times where the trust in banks is getting lower and lower. When it comes to short term investments, Bitcoin is definitely the better option.
sr. member
Activity: 280
Merit: 253
October 09, 2016, 12:45:28 PM
both are good to have. gold is for sure more known as valuable. some would say it is easier to pay with gold, but go to a store and try to pay in gold. the reaction will be the same as with bitcoin. sorry we do not take this. if you can buy at a good price, then do so o matter if gold or bitcoin. and having both does not hurt.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
October 09, 2016, 12:40:31 PM
I beleive both have their plus points and I personally would invest and save in both bitcoin and gold as they both are finite and have their long term have possibility. Gold can also be melted down and used as other items, bitcoin can be easily stored etc, so both have their good plus signs. I would save both gold and bitcoin but maybe more in bitcoin as I can invest bitcoin in businesses.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
October 07, 2016, 08:29:52 AM
I will choose bitcoin for the fact that it has ability to give best profits in future which is not possible with gold and to make profits from gold we need to wait for a long time.
sr. member
Activity: 298
Merit: 250
October 07, 2016, 08:25:13 AM
Bitcoin has many advantages over gold, and bitcoin is scalable,I will choose bitcoin Smiley
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
October 07, 2016, 04:34:14 AM
Both is good to invest but gold is much expensive to invest than bitcoin and that is only for rich people while bitcoin anyone can afford to invest and we can easily grow our money in bitcoin than gold it will takes long time to earn income.

I know gold is better but because of some certain reasons I won't consider to invest with gold as they are really expensive. And here in my country if you are going to be seen to wear a gold for sure your other foot is in the pit. Because many robbers are going to get interested to your gold. So, bitcoin for me is safer and I choose it.
full member
Activity: 126
Merit: 100
October 07, 2016, 03:53:05 AM
shortem investment bitcoin still the best investment
with use bitcoin you can very fast grow your money with trading bitcoin pair fiat money or trading bitcoin pair altcoin
hero member
Activity: 714
Merit: 531
October 07, 2016, 02:58:29 AM
Both is good to invest but gold is much expensive to invest than bitcoin and that is only for rich people while bitcoin anyone can afford to invest and we can easily grow our money in bitcoin than gold it will takes long time to earn income.
hero member
Activity: 672
Merit: 500
October 07, 2016, 01:43:40 AM
physically yes gold is better than bitcoin.and gold was existed thousand of years.and its pretty much expensive and the price is stable.while bitcoin is so volatile and yet it is controlled by the trader on how it will move on the market.then it so much better to invest on gold rather  than in bitcoin.we don't know how long bitcoin will exist.
Converting our property in gold is very very good becouse the value is always stable anytime. But bitcoin is so potential to make our money grow. Gold is good to storage but bitcoin is so potential to grow our property. Gold and bitcoin is have different function in this case.
sr. member
Activity: 377
Merit: 252
October 07, 2016, 12:26:23 AM
physically yes gold is better than bitcoin.and gold was existed thousand of years.and its pretty much expensive and the price is stable.while bitcoin is so volatile and yet it is controlled by the trader on how it will move on the market.then it so much better to invest on gold rather  than in bitcoin.we don't know how long bitcoin will exist.
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