Topic: Is gold better than Bitcoin? - page 25. (Read 42139 times)

you're definitely wrong,gold have the popularity compared to bitcoin,everyone in this world know gold but i don't think in a house there will be someone that know bitcoin so gold is actually more popular than bitcoin without thinking about both advantages and disadvantages,and comparing thing and choosing without even trying both is just not ethical i guess

This two has it's own uniqueness and value. It depends on you what is better between the two, we all have different opinions about it but for me the better is bitcoin when it comes to transaction and price. Bitcoin can be easily when you're shopping online (not all the shops online accepts bitcoins anyway) and it is more faster and less time consuming in paying because all you have to do is send the bitcoin to their bitcoin address while gold is also better in a way like, if you're going to hide it in a vault and just take it out when you barely needed it. It is better to save gold than bitcoins since gold will always remain there wherever you hide it unless someone will stole it while bitcoin is not that better to save because it is not possible that time will comes that it will just vanished in thin air and will become useless.

I do not know if gold is better then Bitcoin because I have never made use of gold so I would choose Bitcoin over everything.
But I think that Bitcoin is still better then gold because it is somewhat more popular.

Both have their advantages.
It's hard to carry a few millions worth in gold around, but with bitcoins that is easily possible.
On the other hand, gold is a desired thing for s few thousand years now while bitcoins whole existance has not passed a decade.
In general bitcoin is the more risky thing but with the bigger earning options. It can multiply its price, or maybe turn out to be completely worthless in two years, that nobody knows.
Gold will always be worth something, that has proven history.
It's up to the investor if he wants to play it safe, or take a little risk.

Bitcoin is also valuable. No doubt on that.
Bitcoin will get you more benefits when you are saving it similar to gold but in quick time. There is no guarantee that gold will double your investments in next one or two years, but bitcoin has lot of possibilities to make that happens. Going with bitcoin must be a wise idea.

I think  both are  better  if you have the capability  to  invest on  both but  i have to choose  one  and  i would choose  bitcoin  regarding  on  increasing prices because  bitcoin  is much faster  when  it moves its price compared to gold  but  gold  is a precious metal and valuable.

I agree its hard to compare because its different, if you are using btc you can have an opportunity to earn and there are many things you can do with it like investing or just holding your coins while gold is a good asset and the value can grow each day.

Yes it is! bitcoin is better then gold, when it comes to physical there is big difference, for you to have a gold nowadays you need to have a big amount of money, while in bitcoin, for you to have it, there is no exact amount to be needed. And very easy to use because it has a lot of advantages and benefits to the users.

The total number of bitcoins that can be mined has been preset at 21 million,
whereas the amount of gold that can be mined is a more complicated.
Bitcoin is likely more useful in less dire situation,As we can see, it’s difficult
to declare a clear winner in this hard-money rumble. Much of gold and bitcoin’s
value is speculative. Thus, bitcoin and gold is worth to users but its very
unpredictable price.

gold and bitcoin cannot be properly compared really.  gold is a value-trade commodity and bitcoin is a currency model.  the main difference is the mutable, finite quantity.  while there is a finite amount of bitcoin, it is not all there yet and that means that no matter what other factors are applied to the value, that value will always change, all by itself until the total has been mined.  if nothing else ever altered and Bitcoin was $1000 to the USD, and there were 1000 coins in total, that would then change with the addition of another 1000 coins, putting the value at $500 per coin.  Apply to this the rate of consumption, really in the case of Bitcoin the standard economic term applies, but the rate of consumption is actually a rate of new coins introduced daily.  it is a fairly rapid influx compared to other things like it.

Now gold is also considered to be mutable, finite.  the rate of consumption for gold is very slow.  there are still deposits that are mined, but the overall supply is pretty much in circulation.  the value of gold is therefore altered by an entire different set of standards and factors that make it impossible to compare to Bitcoin.  the value of gold, over extreme long term is a almost guaranteed rise, as it will match inflation to a small degree.  that extreme long term may be 50 years or more.

bitcoin is not a guaranteed rise over the long term because it is not tied to inflation and other standards can and will alter its value, it is an intangible thing, like all currencies and has the potential to completely fail.  Personally i see no way that bitcoin will not rise over long term, but reality and possible outcomes are never close together.

I think even in the long term it would be great because bitcoin bitcoin development is always moving forward and I'm sure future bitcoin prices will be higher than today's prices

i think both is better to make investment, but yes people will know only for gold and not for bitcoin because bitcoin is not know by large people so maybe people in out there just use gold to make investment, but for us which know bitcoin, we will use gold and bitcoin for investment in long term.

for real life gold is better because lots of people more know about gold than bitcoin
also gold is physical and can used in real life
but bitcoin is better on online world, to payment around the world
i think gold and bitcoin is different so we cant compare them

and it is good that it is stable, it means that more people are getting attracted to it over time

We cannot really compare them to each other as both have their own advantages and disadvantages and if we have an choice to invest in both of them then why to go with an single option.

but i think both has their own place and we cannot ignore the importance of one, as gold is so stable and you can put your assets in gold without any doubt, but it can only give you a low profit because there is  a very little chance in the price of bitcoin, while bitocin is also too good for investment because there is big change in the price of bitcoin so there is also a big chance for making money in bitcoin.

Yeah but if we thing of long term then I think gold will hold upper hand on bitcoin as the future of bitcoin is unpredictable and we don't know how long it will exist and what price it will hold in future.

Lol who said bitcoin  is here for a quick profit?  You cannot take a good profit if you invest bitcoion and sell it after a week.   There is not much of a pump going for bitcoin these days, you need to be patient to book a nice profit for bitcoin, and that is if you timed your bitcoin buying in an uptrend price but if it is in a downtrend, you need to wait until the price satisfies your selling price.  So I think both bitcoin and gold are in for a long time investment.  

no it is not the better but yes it is a strong opponent if we compare its value and popularity with bitcoin.gold has a lot of trust and popularity in the market and bitcoin have its 1/5th only till now but still people are choosing bitcoin because it offers a ot new features which make our daily life easyer