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Topic: Is gold better than Bitcoin? - page 36. (Read 42166 times)

hero member
Activity: 952
Merit: 1000
May 30, 2016, 06:10:51 AM
There is no doubt that gold is more popular then bitcoin, but the advantages of bitcoin are more in compare to the gold, gold cannot be used every where, but bitcoin can be used as a currency.
member
Activity: 107
Merit: 10
May 30, 2016, 05:55:11 AM
Bitcoin is the best when you want too hide to others that you are rich,
When you have many golds you cant hide this, many people want it, want to get it, you cant secure it.
So Bitxoin is the best

You have a good point, but that can also be a disadvantage. If your private key is compromised, you can lose a great deal of wealth or even if it is

not compromised, but you only stored the information on a piece of paper and your house burns down. For these reasons I store my coins in many

locations and I have duplicates in more than one deposit box. Gold will melt in a fire, but you will still be able to retrieve it, once the fire was

extinguished. At this stage, gold is more recognizable and a thief will know what gold is, but I doubt if the average thief will know what Bitcoin is.
gold is always a better way to buy something in stores. you cant buy something in store with a bitcoin, thats why gold always will be the first way to pay. maybe they can add bitcoin payment method in webshops
hero member
Activity: 1540
Merit: 507
May 27, 2016, 08:30:42 PM
Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.

I know right. Noone would go in a supermarket and trade with gold ingots...
yeah, thats why bitcoins come in use when shopping, bitcoins is like gold but its way easier thing to use in my opinion and thats why it has so much potential in growing in the near future

bitcoins are definitely better than gold in my opinion and bitcoin price will only grow in my opinion what will allow us to make really big money out of our investments in bitcoin
Gold have the same potential with bitcoin, dude. For now, we can quickly to invest gold to make a payment and other. look at this https://www.bitgold.com/

Well, this can give more explained which better gold or bitcoin. Finally, both of them have a different function.
https://www.cryptocoinsnews.com/dollar-collapses-better-money-gold-bitcoin/
sr. member
Activity: 364
Merit: 254
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May 27, 2016, 07:40:07 PM
I still think that gold is a safer investment than bitcoin because bitcoin is so new and volatile right now.  However, I think that bitcoin has a bigger upside if in fact it can survive in the long run.  I guess bitcoin is riskier but there is a chance of a big payoff.
legendary
Activity: 1148
Merit: 1048
May 27, 2016, 07:14:45 PM
Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.

I know right. Noone would go in a supermarket and trade with gold ingots...
yeah, thats why bitcoins come in use when shopping, bitcoins is like gold but its way easier thing to use in my opinion and thats why it has so much potential in growing in the near future

bitcoins are definitely better than gold in my opinion and bitcoin price will only grow in my opinion what will allow us to make really big money out of our investments in bitcoin

It might just be me, but if the gold we're a currency, like a gold coin, I'd have no issue spending it in public places. In fact, this exists: the American gold eagle, but I believe the face value does not reflect the gold content of the coin. Back in the day, everyone used to use precious metal for everyday transactions; it was the standard.
hero member
Activity: 770
Merit: 500
May 27, 2016, 10:25:55 AM
Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.

I know right. Noone would go in a supermarket and trade with gold ingots...
yeah, thats why bitcoins come in use when shopping, bitcoins is like gold but its way easier thing to use in my opinion and thats why it has so much potential in growing in the near future

bitcoins are definitely better than gold in my opinion and bitcoin price will only grow in my opinion what will allow us to make really big money out of our investments in bitcoin
hero member
Activity: 2926
Merit: 567
May 27, 2016, 09:26:11 AM
For thousands of years gold has been the standard and symbols of wealth and they it not change up to this time Bitcoin is also valuable but it can only be valuable to people who are into internet you cannot say this to third world countries who has limited access to the internet..
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
May 27, 2016, 09:10:30 AM
Notice how the most senior members tend to suggest gold as a safer value store for long term storage (self included)?

At this point, all these years after it has started, this is still a technology under development. Bitcoin is more of an investment than a value store, imo. As with all investments, please people, never invest more than you can afford to lose. Despite how improbable, we cannot predict the future. Protect your value.

Gold can be used to make really expensive chocolate deserts. Try that with Bitcoin.



Does a brownie with a paper wallet wrapped around it count?  Grin

Try telling your girlfriend this paper ring is worth a bunch of money and see how that works out for you.

Convince NASA to start using corrosion proof paper circuits in their satellites.    

The point is, gold has intrinsic value, Bitcoin does not. Don't compare Bitcoin to commodities because it can't complete. Compare it to other worthless pieces of paper that have no value other than the value people agree to give it. Bitcoin = dollars is ok   Bitcoin = gold not ok
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
May 27, 2016, 07:24:20 AM
Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.

I know right. Noone would go in a supermarket and trade with gold ingots...

Of course we are in the modern days as supermarkets doesn't accept trading with other products for their goods. Or to be paid by gold for their service.
We are in the days where technology is a big trend and bitcoin is more going to be useful for it,
newbie
Activity: 46
Merit: 0
May 27, 2016, 07:21:50 AM
Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.

I know right. Noone would go in a supermarket and trade with gold ingots...
hero member
Activity: 672
Merit: 500
May 27, 2016, 04:05:35 AM
Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.

From aspect popularity obviously bitcoin is loses when bitcoin compared with  gold. For the most of people gold more beautiful than bitcoin but, when we see the advantage of bitcoin we will more choose bitcoin then gold.
sr. member
Activity: 350
Merit: 250
May 27, 2016, 02:09:52 AM
Gold is not that better than Bitcoin but it is more popular and more used and thats it, but if you want to talk about the future than Bitcoin will be more used and that is nice for the currency itself.
And that is because the world is also becoming more digital and Bitcoin is digital money so that is perfect.
legendary
Activity: 1946
Merit: 1137
May 27, 2016, 12:59:00 AM
Bitcoin classified as investment Low-Risk, because the price of Bitcoin in the long term or short term always up. Although some time decreased. But based on data is the price of Bitcoin always above average.
We can't really classify bitcoin as a low-risk type of investment because of the price volatility. But that is to be expected since bitcoin is still in its developmental stage and people in general are still not aware of it, compared to gold which has been there and has a stable price, and serves as back up to most currencies. Maybe time will come that bitcoin will be as valuable as gold, much to the delight of us bitcoin owners.

well, every investment has its own risks, you have to do some research first before investment and find out how big those risks are by making an assessment of the situation. and bitcoin is getting past the developing stage and it has established some kind of bottom price now.
sr. member
Activity: 448
Merit: 250
May 26, 2016, 08:38:23 PM
Bitcoin classified as investment Low-Risk, because the price of Bitcoin in the long term or short term always up. Although some time decreased. But based on data is the price of Bitcoin always above average.

Price volatility items cannot be considered as low-risk investment. Smiley
hero member
Activity: 714
Merit: 500
May 26, 2016, 08:35:34 PM
Bitcoin classified as investment Low-Risk, because the price of Bitcoin in the long term or short term always up. Although some time decreased. But based on data is the price of Bitcoin always above average.
We can't really classify bitcoin as a low-risk type of investment because of the price volatility. But that is to be expected since bitcoin is still in its developmental stage and people in general are still not aware of it, compared to gold which has been there and has a stable price, and serves as back up to most currencies. Maybe time will come that bitcoin will be as valuable as gold, much to the delight of us bitcoin owners.
full member
Activity: 165
Merit: 100
May 26, 2016, 08:30:05 PM
Gold can be used to make really expensive chocolate deserts. Try that with Bitcoin.


give him bitcoin RING + paper wallet inside on your love letter Smiley  Wink Kiss
http://image.prntscr.com/image/05badb36c56049c7aef38e75f03ec4dc.jpg
hero member
Activity: 1540
Merit: 507
May 26, 2016, 08:22:11 PM
Gold will always be better then the bitcoin and thats not because the bitcoin is new but that is because of the many gold users. Gold will always be there and i dont know if the bitcoin would be for ever here we will see in the future what he will do.
If we compare the price of gold and bitcoins, bitcoins have a higher value and there are more chances of earning double the amount with bitcoins which isn't possible with gold. Even if bitcoins don't last forever, we can say the same about gold when another metal may replace it and be more valuable. The price also doesn't increase in a day and it is not always profitable for gold investors.
Gold is physical while bitcoin is virtual. For me, I like both as I own gold as an investment as well as bitcoins. While I need to pay taxes on gold, I do not need to pay taxes on bitcoins and my profit earned in more in the later which makes it better for me.

Bitcoin is the best at this stage and there is no doubt in it, gold is good buy earning profits from it can really take a very long time, bitcoin will make it short n simple.

I also think the bitcoin is better these days because the profit you can make with it in a relative short time period makes it very attractable in my eyes.

Some centuries gold is alive until now, anyway, gold can survive every time with stable value. Well, what happen if Bitcoin has a rival, does Bitcoin can survive? We can't compare gold with bitcoin because gold and bitcoin have a different way, and factor can make gold and bitcoin can survive until now.
sr. member
Activity: 476
Merit: 250
May 26, 2016, 08:01:18 PM
Bitcoin classified as investment Low-Risk, because the price of Bitcoin in the long term or short term always up. Although some time decreased. But based on data is the price of Bitcoin always above average.
sr. member
Activity: 420
Merit: 250
May 26, 2016, 07:46:47 PM
Gold will always be better then the bitcoin and thats not because the bitcoin is new but that is because of the many gold users. Gold will always be there and i dont know if the bitcoin would be for ever here we will see in the future what he will do.
If we compare the price of gold and bitcoins, bitcoins have a higher value and there are more chances of earning double the amount with bitcoins which isn't possible with gold. Even if bitcoins don't last forever, we can say the same about gold when another metal may replace it and be more valuable. The price also doesn't increase in a day and it is not always profitable for gold investors.
Gold is physical while bitcoin is virtual. For me, I like both as I own gold as an investment as well as bitcoins. While I need to pay taxes on gold, I do not need to pay taxes on bitcoins and my profit earned in more in the later which makes it better for me.

Bitcoin is the best at this stage and there is no doubt in it, gold is good buy earning profits from it can really take a very long time, bitcoin will make it short n simple.

I also think the bitcoin is better these days because the profit you can make with it in a relative short time period makes it very attractable in my eyes.
hero member
Activity: 952
Merit: 1000
May 26, 2016, 04:46:07 PM
Gold will always be better then the bitcoin and thats not because the bitcoin is new but that is because of the many gold users. Gold will always be there and i dont know if the bitcoin would be for ever here we will see in the future what he will do.
If we compare the price of gold and bitcoins, bitcoins have a higher value and there are more chances of earning double the amount with bitcoins which isn't possible with gold. Even if bitcoins don't last forever, we can say the same about gold when another metal may replace it and be more valuable. The price also doesn't increase in a day and it is not always profitable for gold investors.
Gold is physical while bitcoin is virtual. For me, I like both as I own gold as an investment as well as bitcoins. While I need to pay taxes on gold, I do not need to pay taxes on bitcoins and my profit earned in more in the later which makes it better for me.

Bitcoin is the best at this stage and there is no doubt in it, gold is good buy earning profits from it can really take a very long time, bitcoin will make it short n simple.
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