Topic: Is gold better than Bitcoin? - page 28. (Read 42166 times)
Eh. I like gold only because it's relatively rare and it's valued by others. It's nice to make jewelry out of, and gold coins are beautiful. It's not a requirement that gold (and silver) track inflation, but I suppose they tend to anyway. As far as whether gold is better than bitcoin...that's a tough one, because I'm a big bitcoin supporter but still like physical things. I would say no, but I'm open to changing my mind.
Gold safiest not risky but the potential income is less than bitcoin.
Bitcoin have more future and they more potential income but its risky
Bitcoin have more future and they more potential income but its risky
Gold is good but I do not consider it better than the bitcoin because it will sometime take so long to make profit with the gold.
Withe the bitcoin you can simply just make money in a short term.
Withe the bitcoin you can simply just make money in a short term.
Gold is more stable than Bitcoin. But bitcoin enables greater gains in the short term.
Gold is a safer/less risky investment than bitcoin. However, I think bitcoin has more potential that gold as an investment. Higher risk, but higher reward potential.
yes maybe for some people can say that investing in gold is very safe but in my eyes invest in bitcoin is safe too, and only people who buy bitcoin when the price at $ 1200 ++, which is still not able to get an advantage if they still holds their bitcoin. i'm pretty sure one day they will be able to get an advantage. 
I have never bought gold. I have only ever bought bitcoin and that is all I have (in addition to my 401k fund). So for me, bitcoin is better based on the fact I have no gold. 
Seriously though, at the time I first bought bitcoin, I did so because I I believed it had the most potential to increase in value. If I had instead bought gold, I would not have made close to the amount I have made with bitcoin.
Time will tell, but so far, bitcoin has been better for me.
Seriously though, at the time I first bought bitcoin, I did so because I I believed it had the most potential to increase in value. If I had instead bought gold, I would not have made close to the amount I have made with bitcoin.
Time will tell, but so far, bitcoin has been better for me.
I understand where you are coming from, but you can't say that Bitcoin is better than gold or whatever else, when you have never used it. Also, most people buy gold just as a store of value tool, and not so much because they expect crazy returns.
I have never bought gold. I have only ever bought bitcoin and that is all I have (in addition to my 401k fund). So for me, bitcoin is better based on the fact I have no gold.
Seriously though, at the time I first bought bitcoin, I did so because I I believed it had the most potential to increase in value. If I had instead bought gold, I would not have made close to the amount I have made with bitcoin.
Time will tell, but so far, bitcoin has been better for me.
Seriously though, at the time I first bought bitcoin, I did so because I I believed it had the most potential to increase in value. If I had instead bought gold, I would not have made close to the amount I have made with bitcoin.
Time will tell, but so far, bitcoin has been better for me.
Gold is a safer/less risky investment than bitcoin. However, I think bitcoin has more potential that gold as an investment. Higher risk, but higher reward potential.
I don't think that gold is better than Bitcoin. Considering that Bitcoin is digital and easily transferable, it has the same purpose than gold but also offers the possibility to use it as an everyday form of payment.
In any case, gold is better than bitcoin. This is my personal opinion and it is based on the fact that gold is a real stable currency which is appreciated for many centuries.
I spoke to a business owner and investor. His opinion that physical gold should take priority over bitcoin because gold is formally recognised worldwide and it could be cashed out for hard currency anywhere and it could be used as collateral for banks
As for bitcoins, he should it should be part of your investment portfolio but gold should still take priority.
Key take away: An asset or item is valuable only if the banks recognise it.
As for bitcoins, he should it should be part of your investment portfolio but gold should still take priority.
Key take away: An asset or item is valuable only if the banks recognise it.
I think comparing gold and bitcoin is worthless because bitcoin have its own importance and so is gold.
Gold's price is not fluctuating like bitcoin.
Gold cant be traded online.
Gold cant be stored in wallet.
Gold is not decentralized so why should we compare gold with bitcoin. Anyway bitcoin is far far better then gold because gold will remain as an asset but bitcoin could be our money earning source. I support bitcoin.
Gold's price is not fluctuating like bitcoin.
Gold cant be traded online.
Gold cant be stored in wallet.
Gold is not decentralized so why should we compare gold with bitcoin. Anyway bitcoin is far far better then gold because gold will remain as an asset but bitcoin could be our money earning source. I support bitcoin.
I don't think gold is better than bitcoin as an investment if you consider the possible profit and the size of the market and ease to convert to cash, it's more established though therefore has higher trust and possibly low profit but low risk on long term.
Gold is good but I do not consider it better than the bitcoin because it will sometime take so long to make profit with the gold.
Withe the bitcoin you can simply just make money in a short term.
Withe the bitcoin you can simply just make money in a short term.
Gold is more stable than Bitcoin. But bitcoin enables greater gains in the short term.
Both of them have equal prons and cons. Which is the best depends on what you want. For me, i would like to have both of them.
Gold is good but I do not consider it better than the bitcoin because it will sometime take so long to make profit with the gold.
Withe the bitcoin you can simply just make money in a short term.
Withe the bitcoin you can simply just make money in a short term.
Gold is more stable than Bitcoin. But bitcoin enables greater gains in the short term.
Both of them have equal prons and cons. Which is the best depends on what you want. For me, i would like to have both of them.
Gold is good but I do not consider it better than the bitcoin because it will sometime take so long to make profit with the gold.
Withe the bitcoin you can simply just make money in a short term.
Withe the bitcoin you can simply just make money in a short term.
Gold is more stable than Bitcoin. But bitcoin enables greater gains in the short term.
At this point in my opinion, we cannot compare bitcoin to gold. In terms of history and trust. Gold had already established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose. While gold had been around for centuries and proven it's worth already.
In that case, I would choose gold if I have been given a chance between the two.
And I think gold is more of "limited" than bitcoins where it can be mined.
Gold can be mined as well, but not as vast as bitcoin.
I think the same. Also Gold is old and reliable.
I have bracelet, ring and necklace which are all gold. It is helpful during times when there is nothing more to get from your wallet. Emergencies can happen anytime and gold is a fast way to get some cash. Just simply pawning it or selling it can make you some paper money. It is different than bitcoin.
Besides that fact you mentioned that you can get cash fast with gold because that thing is possible with bitcoin as well you can easily sell them in a exchange or somewhere, but gold is really different than bitcoin as bitcoin is just like money, you can use it for anything, and now you can even use it in physical world like fiat in some places, though it is not yet accepted everywhere.
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....
Lots of people are going to choose bitcoin specially here in forum you know that theres a lot of people here are using bitcoin and thats there daily basis needs and if you configure it out it will grow more are economy depends if the bitcoin will going to be accept in merchant we we can use to pay online on in store. 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....
Well if i have to choose weather i can get 1000USD worth or gold or bitcoin then may be i would choose gold to have with me because i love collecting precious things that i can also show to my friends or my family.Because bitcoin i can also earn slowly and reach that amount.
I have bracelet, ring and necklace which are all gold. It is helpful during times when there is nothing more to get from your wallet. Emergencies can happen anytime and gold is a fast way to get some cash. Just simply pawning it or selling it can make you some paper money. It is different than bitcoin.
the way you said it, there is zero difference between gold and bitcoin because you can sell bitcoin just as easy and maybe even easier than gold and get the paper money out of it.
imagine you want to sell your necklace, you have to get out of the house and go to a jewelry store and first prove that you have not stolen that necklace and then sell it to the store for a much lower than the current price.
but with bitcoin you can sell it with just one click and if you already had an account on an exchanger you can have your money in a short time in your bank account or credit card! and you will sell it to the current rate.
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