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Topic: Is gold better than Bitcoin? - page 37. (Read 42139 times)

legendary
Activity: 1232
Merit: 1029
May 26, 2016, 02:57:17 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.
legendary
Activity: 1554
Merit: 1054
May 26, 2016, 07:40:59 AM
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.
hero member
Activity: 924
Merit: 1000
May 25, 2016, 05:33:48 PM
Gold and bitcoin both are good but at this stage its really difficult to choose any one of them as both are performing will so enter at your own risk  Grin
newbie
Activity: 46
Merit: 0
May 25, 2016, 05:26:46 PM
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.

http://www.callebaut.com/cms_files/N-8537-ukenImg2.jpg

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

Haha please do it and upload a picture on here  Cheesy

Okay back to topic.
I think both have their advantages and disadvantages. And both are definitly better to invest in than fiat. There will be a financial crash. Not sure when exactly but there will be one soon.
legendary
Activity: 1148
Merit: 1048
May 25, 2016, 05:14:49 PM
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
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
May 25, 2016, 04:53:28 PM
Gold can be used to make really expensive chocolate deserts. Try that with Bitcoin.

legendary
Activity: 1176
Merit: 1024
May 25, 2016, 04:41:08 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.
Bitcoin is still new and I also doubt that it will last for more than 10 years. Gold has been the most preferred metal for traders and is considered an investment. We can also get instant loans on our gold while it's not so easy with bitcoins as this is the only forum that offers loans. Even trading is not easy in bitcoins compared to gold.
hero member
Activity: 910
Merit: 1000
May 25, 2016, 01:14:37 PM
If you are thinking about long run then gold is always better then bitcoin as we don't know how long bitcoin will survive, but gold will always take care of you.
hero member
Activity: 826
Merit: 502
May 25, 2016, 01:01:25 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.

There are many gold users, is not because gold is more powerful than bitcoin but because gold is there from thousands of years so in that period everyone has heard about gold, you will see when a long age is passed there will be more people also on bitcoin as are on gold.

and if we remained with bitcoin and continued to support it, we will see bitcoin forever with us.
hero member
Activity: 2072
Merit: 503
May 25, 2016, 12:56:59 PM
Although gold is physical, what makes me like bitcoin more is that it is digital.it is easy to transfer, although there are no refunds. I also like that it is relatively fast to transfer.

yes i'm with you,even bitcoin have non physical,its not mean bitcoin hard for using as investement,i believe poeple owdays more like to use digital things,and gold just used as investement,not currency,and bitcoin can used as both.
true, I also think that bitcoin is still better than gold. is currently the only gold can be used as an investment tool, but bitcoin could do better than that. I guess someday bitcoin going far beyond the development of gold
hero member
Activity: 518
Merit: 500
May 25, 2016, 12:22:51 PM
Although gold is physical, what makes me like bitcoin more is that it is digital.it is easy to transfer, although there are no refunds. I also like that it is relatively fast to transfer.

yes i'm with you,even bitcoin have non physical,its not mean bitcoin hard for using as investement,i believe poeple owdays more like to use digital things,and gold just used as investement,not currency,and bitcoin can used as both.
hero member
Activity: 798
Merit: 1000
May 25, 2016, 11:22:49 AM
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.

gold will always win the race in long run as there are many satisfied users of gold who have earned a lot profit in the past and they will invest in gold in future too.
sr. member
Activity: 350
Merit: 250
May 25, 2016, 11:17:11 AM
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.
legendary
Activity: 2422
Merit: 1102
May 24, 2016, 04:16:12 PM
Although gold is physical, what makes me like bitcoin more is that it is digital.it is easy to transfer, although there are no refunds. I also like that it is relatively fast to transfer.


But in some cases the non-refunding feature of bitcoin is not considered as beneficial, and people wish for it to be refundable, especially in the case when someone scam, at that time you do not remain with any option but to accept the loss.

Agreed irreversible transactions of bitcoin makes it bit risky but if you take proper care at initial stage then I don't think there is anything to worry.
hero member
Activity: 658
Merit: 500
May 24, 2016, 04:11:35 PM
Although gold is physical, what makes me like bitcoin more is that it is digital.it is easy to transfer, although there are no refunds. I also like that it is relatively fast to transfer.


But in some cases the non-refunding feature of bitcoin is not considered as beneficial, and people wish for it to be refundable, especially in the case when someone scam, at that time you do not remain with any option but to accept the loss.
full member
Activity: 126
Merit: 100
May 24, 2016, 03:47:01 PM
Although gold is physical, what makes me like bitcoin more is that it is digital.it is easy to transfer, although there are no refunds. I also like that it is relatively fast to transfer.
legendary
Activity: 1008
Merit: 1000
May 24, 2016, 03:38:05 PM
For me gold is always better in compare to bitcoin if we think of long run, as I am sure gold will survive for long term but doesn't have same feeling for bitcoin.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
May 24, 2016, 02:41:36 PM
In my opinion Gold is Gold and Bitcoin is Bitcoin - Apples and Oranges.

~CfA~

I don't know in what manner you have quoted. If you have mentioned apple equal to gold then you are right because apple is used much compared to orange, but orange has goodness higher than apple. The same is with our bitcoin, gold is used much and has increased acceptance.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
May 24, 2016, 02:06:45 PM
It is not better than Bitcoin but as you can see now you see that Bitcoin is getting more used and that is perfect for the Bitcoin.
But the value is not that high now and that must chance soon otherwise they will get mad.

In my view, bitcoin is better than Gold, because now i m earning from bitcoins, but i don't know how to earn from gold, so it is not possible for everyone to earn the profit from the Gold, bitcoin earning is a easy way, everyone can understand how to earn from bitcoins instead of gold.
You can earn in gold but you cant touch is theres a spark profit prediction for gold and i think its also in forex.. if you can predict for the price of gold you can earn it..
But your right im still in bitcoin because you can earn it easily than gold..
legendary
Activity: 840
Merit: 1000
May 24, 2016, 01:59:13 PM
In my opinion Gold is Gold and Bitcoin is Bitcoin - Apples and Oranges.

~CfA~

Agreed both are unique in their own way, now individual has to make choice with which product he is comfortable as everyone has choice either go for single or with both.
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