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Topic: Is gold better than Bitcoin? - page 38. (Read 42166 times)

legendary
Activity: 3332
Merit: 1191
May 24, 2016, 12:56:42 PM
My choice is easy here, bitcoin. Its more practical then gold, in this modern times when everyone is connected bitcoin is much better solution then gold. That is when we talk about currencies and buying/selling things, gambling.
Precious metals are good for keeping, and with some historical background this pieces can worth a lot, so its also a good investment for people who have money. Never hold everything you have on one place. More money you have, in more places you can put money. Sun Tzu said: " Opportunities multiply as they are seized."
hero member
Activity: 700
Merit: 520
May 24, 2016, 12:49:21 PM
In my opinion Gold is Gold and Bitcoin is Bitcoin - Apples and Oranges.

~CfA~
hero member
Activity: 910
Merit: 502
May 24, 2016, 12:48:06 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.

Bitcoin will be better in future
hero member
Activity: 910
Merit: 502
May 24, 2016, 10:19:55 AM
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.


In the modern era, Bitcoin  has gained more popularity as compared to gold. and the new generation is more interested in bitcoins
rather than the Gold.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
May 20, 2016, 09:39:53 AM
Gold is not better but gold is more used and stronger so that is nice for the currency but if you want to talk about the future than Bitcoin will be better for sure.
And that is why Bitcoin is digital money so that is nice for the world because everything is becoming more digital so that is perfect.

This is close to what I think too. More and more things are digitalized today whether we want it or not. I like it actually and I think Bitcoin fits here perfectly.

Gold is overestimated and Bitcoin is underestimated, that's what I think on the subject.
hero member
Activity: 840
Merit: 1000
May 20, 2016, 09:36:05 AM
Gold is not better but gold is more used and stronger so that is nice for the currency but if you want to talk about the future than Bitcoin will be better for sure.
And that is why Bitcoin is digital money so that is nice for the world because everything is becoming more digital so that is perfect.

I don't know how long bitcoin will survive but at this stage I would invest in bitcoin and can take that risk to earn huge from it in future.
sr. member
Activity: 364
Merit: 250
May 20, 2016, 09:33:26 AM
Gold is not better but gold is more used and stronger so that is nice for the currency but if you want to talk about the future than Bitcoin will be better for sure.
And that is why Bitcoin is digital money so that is nice for the world because everything is becoming more digital so that is perfect.
newbie
Activity: 56
Merit: 0
May 20, 2016, 01:07:38 AM
At a moment I read somewhere that the huge usa storage of gold was stolen.

And of course gold is more important than bitcoin.

In all the history gold was the thing who destroyed countries, wars etc.

Everytime when I have some cash I'm buying gold. 1 gram at 160ron (24k) is a pretty good investment Cheesy.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
May 20, 2016, 12:44:43 AM
Bitcoin is only for short term investment and really very risky if you take long to invest with it because price is really unstable to stake long, and really in bitcoin you can earn easy money im short period of time and if price drops many will lose money to.

While in gold its very stable price keep rising yearly and many businessman prefers it because years pass the more price it will rise its very stable because it is precious thing can be use in jewelries.
full member
Activity: 196
Merit: 100
May 19, 2016, 10:54:03 PM
every think has its own value. gold is gold and diamond is diamond. bitcoin specialty is that bitcoin has its fixed value and can easily be measure. on other side gold needs expert to know is there any mixture in it or not. and it need export to tell how much value does a specific amount of gold has.
legendary
Activity: 1148
Merit: 1048
May 19, 2016, 03:38:47 PM
Gold and Bitcoin both have promising future and trading them could be profitable in long term run. Personally i trade Bitcoin but trading gold is profitable too in my opinion.
Yes. To secure our future we must invest into some stable and more trusted options. Bitcoin would be the highly profitable type of investment than gold till all the bitcoin will be mined out. So, for the next to hundred years, bitcoin will dominate gold to attract new investors.
Yes, even both gold and bitcoin are limited resources, bitcoin has known limit. So, the chances for price appreciation would be higher with bitcoin than gold. So it would be wise decision to invest into bitcoin than gold as per current trend.

Nozir. Gold is accepted worldwide, is inherentiy more stable, has not been banned or made illegal by any major state actors (although it has been subject to much regulation) and has been an accepted form of currency since the dawn of civilization. Does not require a blockchain as physical ownership is sufficient, and most importantly, it's zombie apocalypse/shtf proof. If you don't have internet connectivity, you don't control your btc until you do. And the gold has a bonus, it's actually a physical object that has substance, you can use it for a lot of other shit like art, or technology because of its unique properties.

Not a personal attack, just some points to ponder.

hero member
Activity: 798
Merit: 500
May 19, 2016, 03:34:50 PM
Gold and Bitcoin are different in many respects. Gold is physical, Bitcoin is digital..Gold relies on banks for safekeeping and payments, Bitcoin is stored on a computer and tracks payments with a distributed, public ledger. Gold is vulnerable to robbers, while Bitcoin is vulnerable to hackers. The list goes on and on.I think both are better in their place...This question does not have an easy answer.

But for the sake of investment both are considered as the same by a number of traders, no matter about its shape structure and other features of its existence, the traders only look into the efficient trading in them , and there they find bitcoin as more efficient and with bitcoin they earn daily while with gold they have to wait for years.

yes you are true the traders only focus on the earning potential of any thing they want to adopt and to trade with, if gold give more opportunity to earn money then they will start trading with gold and if bitcoin started to fluctuate with good variations then they join bitcoin.
legendary
Activity: 3052
Merit: 1188
May 19, 2016, 02:45:27 PM
Gold and Bitcoin both have promising future and trading them could be profitable in long term run. Personally i trade Bitcoin but trading gold is profitable too in my opinion.
Yes. To secure our future we must invest into some stable and more trusted options. Bitcoin would be the highly profitable type of investment than gold till all the bitcoin will be mined out. So, for the next to hundred years, bitcoin will dominate gold to attract new investors.
Yes, even both gold and bitcoin are limited resources, bitcoin has known limit. So, the chances for price appreciation would be higher with bitcoin than gold. So it would be wise decision to invest into bitcoin than gold as per current trend.
sr. member
Activity: 448
Merit: 250
May 19, 2016, 12:17:43 PM
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.
legendary
Activity: 1554
Merit: 1054
May 19, 2016, 12:11:07 PM
If you just want to keep something other than fiat that is stable, then gold is better. If you want to make some money and you are willing to take some risk, then Bitcoin is better.
But gold also will give you but which is very low, compared to the returns we can get from bitcoin.
For the store of value both bitcoin and gold both are very good in my view. But definitely bitcoin will give us more returns in short term of holding itself.
Right. Both gold and bitcoin are still the good investments. But, bitcoin would be the revolutionary modern investment, that will definitely outperform gold for a particular time of holding. Like many people here, I invest in both gold and bitcoin but more percentage into bitcoin.
hero member
Activity: 658
Merit: 500
May 18, 2016, 09:18:03 PM
Gold and Bitcoin are different in many respects. Gold is physical, Bitcoin is digital..Gold relies on banks for safekeeping and payments, Bitcoin is stored on a computer and tracks payments with a distributed, public ledger. Gold is vulnerable to robbers, while Bitcoin is vulnerable to hackers. The list goes on and on.I think both are better in their place...This question does not have an easy answer.

But for the sake of investment both are considered as the same by a number of traders, no matter about its shape structure and other features of its existence, the traders only look into the efficient trading in them , and there they find bitcoin as more efficient and with bitcoin they earn daily while with gold they have to wait for years.
hero member
Activity: 551
Merit: 500
May 18, 2016, 08:55:50 PM
Of course, if your power is out the Gold will be accessible and tangible. Nobody will even care to hear of BTC when there is no electricity, but by all other means, I consider them almost equal.
legendary
Activity: 1232
Merit: 1091
May 18, 2016, 07:30:01 PM
Gold is more shiny than Bitcoin and weighs more.
of course because gold has a tangible form so they would be better gold is jewelry thats why gold sparkling.
different with bitcoin. bitcoin just digital dude ?

I couldn't agree with you more. Gold will be always valuable since it has its tangible form, meaning that if gold is in your hand it will be safe from unexpected loss unlike with virtual objects like bitcoin, we don't know when will it last or we are not sure that it will not be prone from attacks, corruptions and breach.
Yes you're right,From the last centuries the value of gold is stable until now.From your post I think if we invest on gold we will gain more safety,stable value, and low risk level.It's why one of main purpose the developed countries is gold.because we know on other centuries gold can still survive until now.

Just have a look at various charts of Gold in the last years. There has been enough volatility throughout the years to make good profits from Gold. Even for short term traders.
hero member
Activity: 1540
Merit: 507
May 18, 2016, 07:26:30 PM
Gold is more shiny than Bitcoin and weighs more.
of course because gold has a tangible form so they would be better gold is jewelry thats why gold sparkling.
different with bitcoin. bitcoin just digital dude ?

I couldn't agree with you more. Gold will be always valuable since it has its tangible form, meaning that if gold is in your hand it will be safe from unexpected loss unlike with virtual objects like bitcoin, we don't know when will it last or we are not sure that it will not be prone from attacks, corruptions and breach.
Yes you're right,From the last centuries the value of gold is stable until now.From your post I think if we invest on gold we will gain more safety,stable value, and low risk level.It's why one of main purpose the developed countries is gold.because we know on other centuries gold can still survive until now.
legendary
Activity: 1246
Merit: 1049
May 18, 2016, 06:18:07 PM
Gold is more shiny than Bitcoin and weighs more.
of course because gold has a tangible form so they would be better gold is jewelry thats why gold sparkling.
different with bitcoin. bitcoin just digital dude ?

I couldn't agree with you more. Gold will be always valuable since it has its tangible form, meaning that if gold is in your hand it will be safe from unexpected loss unlike with virtual objects like bitcoin, we don't know when will it last or we are not sure that it will not be prone from attacks, corruptions and breach.
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