Topic: Is gold better than Bitcoin? - page 3. (Read 42166 times)

In many ways gold was always better then bitcoin and always will be.  On a very long timeline its not hard to make that point.      Luckily for bitcoin we are living in a world that is faster and more transient then ever before, we arent often considering annual purchases but really the tiny 'bitty' commerce of street trade and honestly I think bitcoin could easily be the best fit for this very fast movement of currency between people.
 On near zero margins you want the slimmest simplest easiest most secure no hassle possible vehicle for your trade possible.  Im not saying bitcoin is that right now today but I do believe we should absolutely hold that up as the target.

  This whole idea of get bitcoin and never spend it is a disaster and totally contrary to its main strengths, when people act that way and this OP question comes up then thats where gold on balance appears to be the equal or superior to bitcoin.   Which should be ridiculous, gold is nothing like bitcoin; its clunky heavy, large awkward to handle and expensive to transact.  It should sink like lead but due to a mis-framing or misuse of bitcoin its viewed as a balanced equal to bitcoin.  So we end up down this dead end road and gold will win over the very long term and that will be sad to see

taking into account the latest developments gold is better than Bitcoin. The growth of prices for Bitcoin very attracts investors and traders. The gold is good to invest for the long term

It wont make any sense because the gold is present for a long time and bitcoin is making 8 years soon, besides that as you stated they have several differences, but gold cant and wont double or get 40-60% over its current valu on the next years, bitcoin can do it and will do it, its about huge potencial, Nakamoto made bitcoin to grow.

gold as currency? in the long time ago maybe gold used as currency to trade ,
but now it is not as time goes by ,
gold has value doesn't mean it makes automatically considered as currency.

Bitcoin used to be called Gold in cryptocurrencies, but I think both are different and have their own limitations.
Gold is physical and tangible asset, while Bitcoins are virtual and have less value currently compared to Gold.
Even both have a huge difference between their market cap, so comparing both doesn't make sense IMO.

Who said you that gold is cheaper  and for several years?as population is increasing its price will rise tremendously.gold plays a major factor in world exchange platform.those altcoin which are backed with gold support has good profit and less chance of loss in price.

Unfortunately gold for several years is cheaper. Maybe in the long term, investment in gold is profitable, but now is not the best choice. Bitcoin unlike gold rises in price. Sometimes very significant exchange rate fluctuations

According To me We Can't Compare Gold and Bitcoin Because Bitcoin is a Digital Currency and Has More Potential to Grow and Gold is a Commodity and Have Less Potential to Grow.....
But For Your Question I think that Bitcoin is Much Better than Gold.....

IF gold is same with bitcoin then i will choose gold than bitcoin , and yes gold is easier to buy in shops but not like in bitcoin that you are going to goto in any website and then buy and start earning yes i know we need to work hard for us to earn bitcoins  hope that gold is not expensive here in my country.

How so? Gold and Bitcoin offer similar features where they indeed have their own aspects as to why, and for what purpose people may prefer to use one of these two options.

Main similarities that people like to compare them for;

# Store of value - Both offer this feature.
# Currency - Both offer this feature where Bitcoin takes the advantage (by a huge distance) as it's much easier to spend in reality.
# Escape from the banking system - Both offer this feature.
# Investment - Both offer this feature.

In both cases there are pros and cons, but they are definitely comparable.

I fully agree with you - it is impossible to compare these kinds of values. Each of them is profitable on its own. It is necessary always well to study the statistics, and then invest in either gold or Bitcoin

that is not exactly true because these days gold is also being traded the same way as bitcoin which means it is more virtual than bitcoin in some cases even. the only difference is the history, which bitcoin has a short history and gold's history is very very long. that is why people trust gold easier.

Gold is more precious for an ordinary person but us who are living in the crypto world, we believe that gold is in the internet and that is no other than bitcoin. We should be proud with our investment as so far it grows faster than gold although it is significantly new..

bitcoin and gold can't replace each other,it's both have its own place,gold was precious because it's having physical form and rare whilst bitcoin is a rare thing in digital world and having value,why bother to replace each other by the way

i think there is a basic difference between reason people are invested in gold or money. let me explain.
people who invest in gold do it because it is quite stable in value and probably always will be. people do not want to see gold making huge profits, as this would only bring a bunch of speculators that would mess with the price to much. they would like a steady raise of value to compensate the inflation. the question is why.
the answer is simple. people who buy gold are mostly people who already have money and are looking to diversify and for ways where they are in no danger of losing there money.
if you have money and have it all in one currency, then you can become a lot poorer over night. brexit would be very bad for you if you had all you money in pounds.
the people investing in bitcoin do not want a stable price and a slow raise. they want bitcoin to become the next big thing and go to the moon. and that is a huge difference.   

the possibility could have happened, now still few places that accept bitcoin directly in my country just still a little existing ATM bitcoin

Saved money is better than earned money. Fortunately, even despite all the negative situation in the country, there are successfully used hundreds of ways of earning money. As they say "there is a will...". But when it comes to saving money, when you start to consider ways to keep safe and sound their Finance, a number of questions arise: how to save money and in which currency to hold. Under the mattress;Deposit account;regular savings account;In cumulative long-term programmes;to Enclose (invest) the funds to successful projects and to obtain extra income;Just to stored in a cell Bank;and many others.

No, gold is not better than Bitcoin, because Bitcoin has the ability to be sent via the internet.

Yes bitcoin will be my option future, But as of now we cannot able to use the bitcoin in the all places. We need some big adoption from well known big MNCs. If this happened I am sure bitcoin will replace the Gold's place.

Well i think its not and it will not happen in bitcoin the price of bitcoin is continues to increase and more adoption will come..
Gold for me it takes a long time before you can make a good percentage of profit and it is good only if you have a high investment.. if you are just invest a few money its not worth so better to stay in bitcoin than gold..