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Topic: Is gold better than Bitcoin? - page 39. (Read 42139 times)

hero member
Activity: 504
Merit: 500
May 18, 2016, 07:01:14 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 ?
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
May 18, 2016, 06:50:21 PM
Gold is more shiny than Bitcoin and weighs more.
legendary
Activity: 2912
Merit: 1852
May 18, 2016, 06:04:08 PM
...

Gold's price has been rather slow in the past few days/weeks.  There is a real case to be made for taking a longer term view.

Dr. Antal Fekete (interviewed just below) is one of the world's top analysts re gold.  He also has very negative things to say about negative interest rates ("NIRP"), the below is a bit hard to churn through, but well worth it:

http://www.silverdoctors.com/gold/gold-news/a-global-war-against-gold-prof-antal-fekete/

(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)
sr. member
Activity: 364
Merit: 250
May 18, 2016, 05:22:17 PM
Despite today's selloff in gold, I think the question which is better - gold or Bitcoin - is not really important, because both are significantly better than fiat. The wise man combines something traditional and physical (gold) with something innovative and virtual (Bitcoin). Gold and Bitcoin should not be seen as competitors. Conceptually, they have a lot in common and complement each other, because they mitigate each others risk.

But when talking about gold... let's not forget silver, which is historically very cheap compared to gold right now...

ya.ya.yo!

That;s what I am talk about it. It's about finding the right asset at the right moment. We all agree fiat and paypal are too plain, so when it comes down to potential and usabillity.. we are lucky to have bitcoin.

To me it's the main thing anyway.

Bing - Bang - Bong
legendary
Activity: 1806
Merit: 1024
May 18, 2016, 05:14:01 PM
Despite today's selloff in gold, I think the question which is better - gold or Bitcoin - is not really important, because both are significantly better than fiat. The wise man combines something traditional and physical (gold) with something innovative and virtual (Bitcoin). Gold and Bitcoin should not be seen as competitors. Conceptually, they have a lot in common and complement each other, because they mitigate each others risk.

But when talking about gold... let's not forget silver, which is historically very cheap compared to gold right now...

ya.ya.yo!
sr. member
Activity: 269
Merit: 250
May 18, 2016, 04:58:12 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.

The question is what is better as investment? Gold or Bitcoin. I think that gold is much better in this case and also much safety.

Yeah if you are looking for stable profits then you should  invest your money in gold but if you want to earn it quick then bitcoin is  the key to success.

Indeed the point is if you invest in the bitcoin you will make much more profit on a relative short term than when you invest in the gold and because of that I consider bitcoin better.
Both are good as an investment and now its upto you how you view it, if you hold both of them for a longer term then you can surely earn some profits from it.

As an investment I prefer bitcoin less then gold, since gold will and can hold it's value better. But in investments you need to diversify which is why part of my money is investing in gold and another part into bitcoin. Both make an excelling combination.
hero member
Activity: 868
Merit: 1000
May 18, 2016, 04:30:48 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.

The question is what is better as investment? Gold or Bitcoin. I think that gold is much better in this case and also much safety.

Yeah if you are looking for stable profits then you should  invest your money in gold but if you want to earn it quick then bitcoin is  the key to success.

Indeed the point is if you invest in the bitcoin you will make much more profit on a relative short term than when you invest in the gold and because of that I consider bitcoin better.
Both are good as an investment and now its upto you how you view it, if you hold both of them for a longer term then you can surely earn some profits from it.
sr. member
Activity: 364
Merit: 250
May 18, 2016, 04:23:27 PM
Depends what you mean by better, gold is a physical, tangible, rare metal, bitcoin is a unique cryptographic record and a unit of account, with value because people think it has value due to it being a store of wealth and a unit of exchange. Bitcoin is akin to cash in that way, only bitcoin isnt controlled by banks but by the people as a unit of account. Gold is a physical, tangible metal, gold is a 'safer' one but both are good as a wealth store. Gold is the 'safer' one and it is something physical that will remain. Bitcoin was intended to be a unit of account
sr. member
Activity: 336
Merit: 250
May 18, 2016, 04:21:23 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.

The question is what is better as investment? Gold or Bitcoin. I think that gold is much better in this case and also much safety.

Yeah if you are looking for stable profits then you should  invest your money in gold but if you want to earn it quick then bitcoin is  the key to success.

Indeed the point is if you invest in the bitcoin you will make much more profit on a relative short term than when you invest in the gold and because of that I consider bitcoin better.
hero member
Activity: 812
Merit: 1000
May 18, 2016, 04:07:47 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.

The question is what is better as investment? Gold or Bitcoin. I think that gold is much better in this case and also much safety.

Yeah if you are looking for stable profits then you should  invest your money in gold but if you want to earn it quick then bitcoin is  the key to success.
hero member
Activity: 1204
Merit: 505
May 18, 2016, 03:53:25 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.
sr. member
Activity: 378
Merit: 251
May 18, 2016, 08:49:17 AM
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.

The question is what is better as investment? Gold or Bitcoin. I think that gold is much better in this case and also much safety.
legendary
Activity: 1204
Merit: 1028
May 18, 2016, 05:12:26 AM
I think both gold and bitcoin are same and both are better. Gold and Bitcoin have a good price for each and many people use both gold and bitcoin too.
Yes, both gold and bitcoin are better but between these two, bitcoin is much better choice. That is the reason I'm saving more bitcoins than the investment into gold.
sr. member
Activity: 336
Merit: 250
May 18, 2016, 04:38:30 AM
I think both gold and bitcoin are same and both are better. Gold and Bitcoin have a good price for each and many people use both gold and bitcoin too.

There is still a difference for each of the two. The value of gold is stable and will keep on rising.
Bitcoin is not that stable because sometimes that price is down, but as we can see it is very strong and getting more stronger when more stores adopted bitcoin as payment.
Gold is not that better than Bitcoin and that is because you also see that Bitcoin is getting more used and more popular so that is perfect for the Bitcoin itself so that is nice.
But the bad thing of gold is that you cant use it online and that is bad because the world is also getting more digital.
member
Activity: 98
Merit: 10
May 18, 2016, 03:54:41 AM
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.
sr. member
Activity: 428
Merit: 250
May 18, 2016, 03:39:30 AM
I can say everything has 2 face.

Gold is tangible liquid asset, we can sell the gold anywhere for financial assistance again that would be depend up gold rate, because day by day gold rates vary.
TO keep safe gold we need protection, we can't able to take gold each and every place with us, we have to go for some safes.

On the other side Bitcoin is a digital currency, the digital currency is with us always in internet. we can able to transfer the money to anywhere at any time.
Yes as it is intangible so there is some negative points are there like at current we can't able to buy or invest each and every place.But i hope very soon bitcoin will work everywhere.


Thank you
legendary
Activity: 1232
Merit: 1029
May 18, 2016, 03:25:15 AM
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.
copper member
Activity: 1442
Merit: 529
May 18, 2016, 03:20:22 AM
I think both gold and bitcoin are same and both are better. Gold and Bitcoin have a good price for each and many people use both gold and bitcoin too.

There is still a difference for each of the two. The value of gold is stable and will keep on rising.
Bitcoin is not that stable because sometimes that price is down, but as we can see it is very strong and getting more stronger when more stores adopted bitcoin as payment.
Gold will not keep increasing all the time as there basically is an endless supply of gold being mined year after year after year.

With Bitcoin you know the supply gets lower and lower throughout the years.

Yes gold is stabilized in price usually with not very much swings although it have had big swings in the past, now it seem stable the price. Bitcoin is heavily dependent on what happens in deepweb, if things go well for the darkweb marketplaces and they increase in number bitcoin will more valuable , especially after the halving, so in this aspect Bitcoin has more potential than Gold.
legendary
Activity: 1526
Merit: 1179
May 18, 2016, 03:17:01 AM
I think both gold and bitcoin are same and both are better. Gold and Bitcoin have a good price for each and many people use both gold and bitcoin too.

There is still a difference for each of the two. The value of gold is stable and will keep on rising.
Bitcoin is not that stable because sometimes that price is down, but as we can see it is very strong and getting more stronger when more stores adopted bitcoin as payment.
Gold will not keep increasing all the time as there basically is an endless supply of gold being mined year after year after year.

With Bitcoin you know the supply gets lower and lower throughout the years.
legendary
Activity: 1372
Merit: 1008
May 18, 2016, 03:13:54 AM
I think both gold and bitcoin are same and both are better. Gold and Bitcoin have a good price for each and many people use both gold and bitcoin too.

There is still a difference for each of the two. The value of gold is stable and will keep on rising.
Bitcoin is not that stable because sometimes that price is down, but as we can see it is very strong and getting more stronger when more stores adopted bitcoin as payment.
I think the gold price could also just go down the same as bitcoin. but the difference is the price movement. bitcoin which has a rapid price movements and gold is more stable. both have good prices? yeah it depends on one's perspective. if I think of course gold prices are too high Lol
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