Is gold better than Bitcoin? - page 27.

Sir Alpha_goy

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It's not so much a factor of what is better.

It is more of a question of who needs who.

Without Gold Bitcoin would not even exist.

You see those contacts?

You will see that sort of thing in virtually all things that allow you to transact Bitcoin like:

PCs
Tablets
Smart Phones
Servers
GPUs

This is not speculation it is a cold hard fact.

One would be wise to carry gold in monetary form.

This, along with many other commodities, is the lifeblood of Bitcoin.

It should never be taken for granted.

greBit

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Quote from: xuan87 on October 02, 2016, 08:06:37 AM

Quote from: tampazeus on October 02, 2016, 07:21:43 AM

Quote from: BitHodler on October 02, 2016, 06:45:24 AM

Quote from: Corenin on October 02, 2016, 03:53:45 AM

Quote from: utkarshm on October 02, 2016, 01:57:26 AM

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.

Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

Gold holds trust from the people and for the same reason people prefer to invest in gold and it has huge market cap in compare to bitcoins, and people who are not aware of bitcoins will surely go for gold.

gold exist longer than bitcoin and gold has been proven more stable and stronger than bitcoin, the reason people choose gold is because gold is can be obtain in any country, while bitcoin still being forbid by some country, and then bitcoin can be banned by government, but gold will never be banned, but the disadvantages of gold is the price rising is slow, so bitcoin is more suitable for a person who want to use bitcoin as trade tools

Yeah and people who are looking for quick profits will always choose bitcoins over gold as making profits from gold is an time consuming process and not everyone have that high level of patience.

xuan87

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Quote from: tampazeus on October 02, 2016, 07:21:43 AM

Quote from: BitHodler on October 02, 2016, 06:45:24 AM

Quote from: Corenin on October 02, 2016, 03:53:45 AM

Quote from: utkarshm on October 02, 2016, 01:57:26 AM

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.

Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

Gold holds trust from the people and for the same reason people prefer to invest in gold and it has huge market cap in compare to bitcoins, and people who are not aware of bitcoins will surely go for gold.

gold exist longer than bitcoin and gold has been proven more stable and stronger than bitcoin, the reason people choose gold is because gold is can be obtain in any country, while bitcoin still being forbid by some country, and then bitcoin can be banned by government, but gold will never be banned, but the disadvantages of gold is the price rising is slow, so bitcoin is more suitable for a person who want to use bitcoin as trade tools

Blitzboy

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I think it depends a lot on people's ways of thinking and their situations. People are different so they will have their own thoughts so we can't tell whether gold or bitcoin is better than the other.

tampazeus

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Lick me like a lolipop

Quote from: BitHodler on October 02, 2016, 06:45:24 AM

Quote from: Corenin on October 02, 2016, 03:53:45 AM

Quote from: utkarshm on October 02, 2016, 01:57:26 AM

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.

Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

Gold holds trust from the people and for the same reason people prefer to invest in gold and it has huge market cap in compare to bitcoins, and people who are not aware of bitcoins will surely go for gold.

pinkpanther03

hero member

Activity: 1092

Merit: 501

Quote from: Kprawn on March 28, 2016, 10:42:13 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

I think so, Gold actually nowadays is very hard to mine. It will need big investment amount of money, heavy equipment, etc. While in bitcoin is opposite in gold, aside from that bitcoin is easy to mine and very convenient to use and no hassle too.

BitHodler

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Quote from: Corenin on October 02, 2016, 03:53:45 AM

Quote from: utkarshm on October 02, 2016, 01:57:26 AM

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.

Gold is definitely not better as an investment compared to Bitcoin.

And it shows as Bitcoin experienced far more growth than Gold in the last decade while Bitcoin isn't even a decade old.

Gold is just an easy and "safe" option for people since it's physical and has been around for so many years.

Corenin

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Activity: 1008

Merit: 1000

Quote from: utkarshm on October 02, 2016, 01:57:26 AM

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

We can also buy gold in small amount nowadays so I don't that is a problem, and gold is always better investment in compare to bitcoins as it is safe and exist since long time.

utkarshm

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Activity: 154

Merit: 100

I will say gold in only for the rich peoples in the society and not every one can afford to own much amount of gold.But in bitcoin every one can own it a very small portion of it like satoshies and bits and it provides with earning chances as well but gold doesnt just only for the richer peoples who can invest big amounts in it.

Zadicar

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Quote from: coynedterm on October 01, 2016, 10:05:24 PM

in my opinion gold can't be a better option in comparison of bitcoin . because in gold only very small amount of profit can get with long term investment but in bitcoin we can get huge profit in small time .

You could able to make good profits on gold on long terms investments especially if you have bulks of it but the main question is do you have the capability to buy gold on large amounts? FOr sure, only a few does have the money on investments on gold as we all know gold are expensive.

BADecker

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Quote from: coynedterm on October 01, 2016, 10:05:24 PM

in my opinion gold can't be a better option in comparison of bitcoin . because in gold only very small amount of profit can get with long term investment but in bitcoin we can get huge profit in small time .

Gold is being manipulated by the big bankers and the wealthy. When fiat fails, both Bitcoin and gold will soar. When electricity and the Internet fail, all that will be left is gold... and the poor man's gold = silver.

Cool

hajimasan

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earlier i also thinks the same about the best quality of gold of saving money for future but when i comes to know about the bad things about gold that its price not increases speedly then i found that bitcoin is more best and clear way to hold money .

coynedterm

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in my opinion gold can't be a better option in comparison of bitcoin . because in gold only very small amount of profit can get with long term investment but in bitcoin we can get huge profit in small time .

legdunes

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At the present time gold is more secure than Bitcoin but Bitcoin has far more potential of dramatically rising (or falling). Volatility makes Bitcoin better to trade but to buy I need to see better prices.

On the other hand silver in my book looks good for the future.

densuj

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If i make investment for long term i will choose into gold because the price is more stable and every year gold's price always going up although it is just a little. But if i have a lot of capital and make profit from trading, i will choose bitcoin because bitcoin's price has high fluctuation. So depend on you what will You doing.

gilangIDR

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Quote from: jonpande on October 01, 2016, 07:54:02 PM

I think this time the gold will be better because gold is accepted worldwide and a stable price .for bitcoin might be a good choice in the future because now not many people know about bitcoin .... But believe me, from time to time people would switch to Bitcoin and Bitcoin value will continue to increase will only increase from now on, and people will realize that this is a revolution.

could be in the future bitcoin price increases and also became an important commodity. I see opportunities bitcoin could be better than gold in the future.

BitcoinMarshal

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Quote from: SourThunder on October 01, 2016, 07:28:02 PM

The gold is safety to invest because the price is always stable.
Bitcoin is also good invest but its to risky .. But have more potential income in bitcoin

Current we can invest in both because Gold is good for long run and Bitcoin is working for short run but we need to do all investment wisely because its risk is alway on

jonpande

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Activity: 323

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I think this time the gold will be better because gold is accepted worldwide and a stable price .for bitcoin might be a good choice in the future because now not many people know about bitcoin .... But believe me, from time to time people would switch to Bitcoin and Bitcoin value will continue to increase will only increase from now on, and people will realize that this is a revolution.

SourThunder

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:)

The gold is safety to invest because the price is always stable.
Bitcoin is also good invest but its to risky .. But have more potential income in bitcoin

Diplomata

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I think bitcoin is only for short term investment and with risky if you take long to invest with it because price is really unstable to stake long..

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