- Bitcoin is a decentralized currency. It can not be influenced from the outside, therefore, a situation like this is impossible in principle.
- It is difficult to speculate, because economy, built on Bitcoin'e, transparent.
- It is convenient to buy goods and fulfill orders.
- No intermediaries and regulatory organizations.
- High anonymity and security.
All these items are not available in gold.
- Gold reserves are stored in one place, access to which no one has. Keep the gold at home is forbidden by law in most countries of the world, or at least put a lot of restrictions.
- Gold is very easy to speculate, because control over the entire supply of a very narrow group of people.
- Gold in pure form is not suitable for the exchange, and it is necessary to create paper currency, which is very inconvenient. Excess of abstraction are not needed.
- A bunch of middlemen profited from scratch. A controls 99% of the reserves of gold, again, a very narrow group of people.
- With gold no anonymity and security. Especially in the pure form of gold exchange is virtually impossible.
As for me, as for the future of bitcoin.
Topic: Is gold better than Bitcoin? - page 35. (Read 42139 times)
There should be some kind of balance in your all funds.Some part should be in Gold,a portion of wealth in Bitcoin and don't forget the very important fiat.This is reality so for cash is king which has been proven over and over again.This will be a perfect and complete balance in these three to have wealth.Gold or Bitcoin alone is not good in my opinion.
Yes, totally correct . everything has to be balanced and to the point. if we choose gold, but not smart set of management where the outcome was not good. so was the same with bitcoin. bitcoin like gold and the most important is our cleverness plays condition. For now, gold is still better than bitcoin. It is more easier to sell gold to anybody. Everybody knows about gold unlike bitcoin but there will come a time that people will run after bitcoin like gold. 
actually it is the other way around, for now bitcoin is better than gold because of the price rise and if you have invested your money in bitcoin before you could have had more than $50 per bitcoin in profit.
also it is not important that you can't sell bitcoin to everybody you don't need that. you only need one place to sell bitcoin while there are many exchangers.
Bitcoin is better than gold now @bitcoineverything its not easy to sell gold to anybody because they think that your gold is fake. For me its easy to sell bitcoin in any site you just convert it easily or just sell it in trade site like ccex or yobit and convert it to $$$$.
Bitcoin is better not because gold can sell to anybody it is because the price of it will rise soon. Like now it rising now and i dont think so that this coin will dump again until bitcoin halving.
There should be some kind of balance in your all funds.Some part should be in Gold,a portion of wealth in Bitcoin and don't forget the very important fiat.This is reality so for cash is king which has been proven over and over again.This will be a perfect and complete balance in these three to have wealth.Gold or Bitcoin alone is not good in my opinion.
For now, gold is still better than bitcoin. It is more easier to sell gold to anybody. Everybody knows about gold unlike bitcoin but there will come a time that people will run after bitcoin like gold.
actually it is the other way around, for now bitcoin is better than gold because of the price rise and if you have invested your money in bitcoin before you could have had more than $50 per bitcoin in profit.
also it is not important that you can't sell bitcoin to everybody you don't need that. you only need one place to sell bitcoin while there are many exchangers.
For now, gold is still better than bitcoin. It is more easier to sell gold to anybody. Everybody knows about gold unlike bitcoin but there will come a time that people will run after bitcoin like gold.
You are partial right, that gold is still better than gold because many people are still doesn't have enough knowledge to bitcoin. But when the times
when most people will know that bitcoin is better than gold, for sure gold business will just be on the second trading.
For now, gold is still better than bitcoin. It is more easier to sell gold to anybody. Everybody knows about gold unlike bitcoin but there will come a time that people will run after bitcoin like gold.
It depends on the usage and the user.If you're a government official then gold is better for you because it is something common in government.But if you're a regular person and want an extra income then use bitcoin.But in my point of view gold is much better than bitcoin because through gold it is morr secured than bitcoin.
No gold is not better than the bitcoin because with gold it take ages to make profit and with the bitcoin you can make such nice profits if you ask me on a short and long term period.
Try trading paper gold, you'd be suprised how volatile it is. Hard (for me) to time, but the profit is there if you can take it. Mining company (precious metals and rare earths) stocks are more volatile than some cryptos, lol.
Also holding paper gold is as good as holding nothing, the latter doesn't apply when you're trading gold. You lose at least 5-10% when trading in physical gold.
To be honest gold has little utility. Most of it is jewelry and hedge against inflation, even these are powered by speculation.
Excellent response
I concur, gold isn't as susceptible to hype swings, but those poor mining companies make the track records on these shitcoins look golden. Hyper undervalued until they find a new source/mine, then totally overvalued until they fail to meet production and shareholders jump ship.I also agree that paper gold is worth exactly that. Paper. But the assets have a price, can be traded, and deviate so much from the price of gold (haven't figured that one out yet) that they can be traded to extreme profit given you have a decent starting stake. 1000 bucks just won't do here; like in all traditional markets, it takes money to make money, else everyone else would be doing it. In cryptoland, you can turn a dollar into a Lamborghini if you pick the right horse. But it's a gamble. The gold industry is a multi trillion dollar established, trusted and accepted form of value store. Governments hold gold by the ton as a hedge against their own currencies. Bitcoin is cool until you walk out of a WiFi field. Then, those bitcoins are as good as gold ore stuck in rock
And you can get that down to 1.5 to 3% if you sell directly to a refinery. Buying is different, you have to purchase bullion peer to peer if you want spot price.
I do not like the idea of physically holding the value, in my opinion, it's easier to lose, and for it to get stolen. Having value where you know it's secure, now that catches my eye.
No gold is not better than the bitcoin because with gold it take ages to make profit and with the bitcoin you can make such nice profits if you ask me on a short and long term period.
Gold is better than bitcoin in some reason, Like in trading you cant earn much here compare to bitcoin but the gold is safer than bitcoin because if you have a gold you can secure it at your own, in bitcoin you can secure it but they can hacked your account. And I knew that hacker can hacked even if you didnt sign in in their phishing link.
No gold is not better than the bitcoin because with gold it take ages to make profit and with the bitcoin you can make such nice profits if you ask me on a short and long term period.
Try trading paper gold, you'd be suprised how volatile it is. Hard (for me) to time, but the profit is there if you can take it. Mining company (precious metals and rare earths) stocks are more volatile than some cryptos, lol.
Also holding paper gold is as good as holding nothing, the latter doesn't apply when you're trading gold. You lose at least 5-10% when trading in physical gold.
To be honest gold has little utility. Most of it is jewelry and hedge against inflation, even these are powered by speculation.
No gold is not better than the bitcoin because with gold it take ages to make profit and with the bitcoin you can make such nice profits if you ask me on a short and long term period.
Try trading paper gold, you'd be suprised how volatile it is. Hard (for me) to time, but the profit is there if you can take it. Mining company (precious metals and rare earths) stocks are more volatile than some cryptos, lol.
I consider them both as good but with the bitcoin you can gain money an a relative short time and with the gold this is the opposite but mostly large amounts.
So for me they are as good as each other.
So for me they are as good as each other.
No gold is not better than the bitcoin because with gold it take ages to make profit and with the bitcoin you can make such nice profits if you ask me on a short and long term period.
Gold is not better than Bitcoin but hold is just more stable and more used because Bitcoin is quite new and not everyone knows what Bitcoin is and that is the problem of the Bitcoin.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.
You don't need to worry with bitcoin at least for next 10 years, bitcoin will surely survive till then, so its good that we invest in bitcoin now as it can give us higher returns in compare to gold.
Who know after 10 years how it is. But as for now this is good and we are making some money with it so we are happy that's it simply thinking about after 10 year and past year is just time waste.
According to topic gold is better than bitcoin because we don't know when market will go down and bitcoin price will down so why unnecessary we take risk. But now bitcoin price is very high so we can use it.
Yeah we need to take advantage from bitcoin till it is serving us in the best way, and if we compare both of them then gold will always win the race in long run.
What do you mean by 'better'? Gold has a billion more real-world, 'use-value' applications than Bitcoin, and isn't reliant on the internet in order to exist. But Bitcoin is an incredible technological innovation which offers individuals a financial autonomy never previously seen by any form of money. Apples and oranges, gorillas and goji berries.
Gold is not better than Bitcoin but hold is just more stable and more used because Bitcoin is quite new and not everyone knows what Bitcoin is and that is the problem of the Bitcoin.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.
You don't need to worry with bitcoin at least for next 10 years, bitcoin will surely survive till then, so its good that we invest in bitcoin now as it can give us higher returns in compare to gold.
Who know after 10 years how it is. But as for now this is good and we are making some money with it so we are happy that's it simply thinking about after 10 year and past year is just time waste.
According to topic gold is better than bitcoin because we don't know when market will go down and bitcoin price will down so why unnecessary we take risk. But now bitcoin price is very high so we can use it.
Gold is not better than Bitcoin but hold is just more stable and more used because Bitcoin is quite new and not everyone knows what Bitcoin is and that is the problem of the Bitcoin.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.
You don't need to worry with bitcoin at least for next 10 years, bitcoin will surely survive till then, so its good that we invest in bitcoin now as it can give us higher returns in compare to gold.
Gold is not better than Bitcoin but hold is just more stable and more used because Bitcoin is quite new and not everyone knows what Bitcoin is and that is the problem of the Bitcoin.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.
We have to make it more popular and more used and that would be perfect for the Bitcoin but it is really hard to know what will truly happen with the currency.
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