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Topic: Is gold better than Bitcoin? - page 4. (Read 42166 times)

sr. member
Activity: 280
Merit: 253
October 27, 2016, 12:52:59 PM

Is gold better than Bitcoin? I think for the moment gold is better than gold because bitcoin is accepted around the world and I believe gold is the thing to be invested by each .But in the future Bitcoin may be aligned with the gold.
"gold is better than gold" Slow down typing.

Gold is dead. But it'll never lose its value, unlike BTC.
Yeah it will never reach "zero" value since it has a physical state and people love shiny things but it can have a much lower value than its present price. I cannot see why would bitcoin lose its value. Right now, we're pumping and pumping. A lot of people are into bitcoin and that alone is a proof that bitcoin cannot lose its value because people will continue to buy bitcoins and sell bitcoins. But not unless if something shut down the bitcoin network.
i am willing to bet my life on gold. as i am sure it will not go down in value for as long as i live. drop to half its value maybe, but certainly never under $100. with bitcoin i would not even dare to bet that it will be tomorrow still there. if there will be a clearly superior coin or if a fundamental flaw is discovered, then bitcoin will lose value faster then you can press the sell button.
legendary
Activity: 1008
Merit: 1060
October 27, 2016, 10:23:26 AM

Is gold better than Bitcoin? I think for the moment gold is better than gold because bitcoin is accepted around the world and I believe gold is the thing to be invested by each .But in the future Bitcoin may be aligned with the gold.
"gold is better than gold" Slow down typing.

Gold is dead. But it'll never lose its value, unlike BTC.
Yeah it will never reach "zero" value since it has a physical state and people love shiny things but it can have a much lower value than its present price. I cannot see why would bitcoin lose its value. Right now, we're pumping and pumping. A lot of people are into bitcoin and that alone is a proof that bitcoin cannot lose its value because people will continue to buy bitcoins and sell bitcoins. But not unless if something shut down the bitcoin network.
sr. member
Activity: 323
Merit: 250
October 27, 2016, 09:58:30 AM

Is gold better than Bitcoin? I think for the moment gold is better than gold because bitcoin is accepted around the world and I believe gold is the thing to be invested by each .But in the future Bitcoin may be aligned with the gold.
hero member
Activity: 1372
Merit: 503
October 27, 2016, 09:40:45 AM
No I do not think that the gold is better because it mostly takes a long time to make profit with it and with the bitcoin you can make huge profits in a pretty small time plus you can also pay with it too.
Yup gold is not better than bitcoin some of us are still choose bitcoin because it gives us really profits in live and huge profits when we are going to trade it into another altcoins not like gold if you done selling it you don't know what your next step to earn money again not like in bitcoin it's continues and yes mostly it takes time to make profit with gold.
I think that depends on a certain investor, if you are a risk taker you would certainly love bitcoins and will not invest with gold but if you are a risk person and you have big money yo invest with gold, of course you will choose a more safer investment.
It's really depends but i already know that gold is really find here in my country and if im going to find one then it will take so much time not like in bitcoin that you can really earn it for free from faucet , signature campaign or bonuses, Is gold can be investment? I think yes too but i think it's less profit.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
October 27, 2016, 07:21:47 AM
Gold will never lose its value in many areas. It is used in electronics because gold is a highly efficient conductor that can carry tiny currents and remain free of corrosion. Electronic components made with gold are highly reliable. Gols is also useed in dentistry because  it is chemically inert, nonallergenic and easy for the dentist to work.

That being said, I think gold is overestimated right now and it will lose some value in the future. Bitcoin, on the other hand, is underestimated and it will cost more in the years to come.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
October 27, 2016, 07:09:25 AM
Gold is dead. But it'll never lose its value, unlike BTC.
what do you mean with dead? if you mean that gold is literally dead,it's indeed dead because it have no souls or life and it's just a stuff,a rare stuff,and so does with bitcoin,if you mean dead by its function as investment,it's really wrong,gold is still as popular like when gold in medieval age

I agree to that has nothing to do with bitcoin because its demand decreases specially what i heard from africa one of my friend their was declining his job offers there due to low demand of gold.
Nowaday people prefer to chooses silver as their fashion accessories and i had mine also a necklase.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
October 27, 2016, 05:48:13 AM
Gold is dead. But it'll never lose its value, unlike BTC.
what do you mean with dead? if you mean that gold is literally dead,it's indeed dead because it have no souls or life and it's just a stuff,a rare stuff,and so does with bitcoin,if you mean dead by its function as investment,it's really wrong,gold is still as popular like when gold in medieval age
legendary
Activity: 2674
Merit: 1048
October 27, 2016, 04:23:32 AM
One of the best way to save money is by investing in gold, coz gold prizes increase annually however its nor profitable enough in a year, bitcoin prices increase fast compared to gold.I think I will go for bitcoin. Wink
I think saving money by investing in gold is not a good thing dude. it should save money serves to collect the money, but the investment has risks, of course if you keep your money in gold maybe you could just lose? if you want to save money and keep it in the bank if you want to invest in gold, then allocate special funds

Gold are better than bitcoin in terms of future investment as bitcoin have no clear future.

But invest on bitcoin gives you a higher risk means you have a chance to get your investment returned bigger than if you invested in gold,  don't forget too about the possibility your higher loss chance,  actually it is worth it.
member
Activity: 104
Merit: 10
October 27, 2016, 03:32:29 AM
Gold is dead. But it'll never lose its value, unlike BTC.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
October 27, 2016, 03:31:27 AM
For me bitcoin is still the best than any other coins in this earth first thing gold is really hard to find yes we can just find gold in the market and just easy buy it if we had money already in our hands but if we don't have then we are just looking it not like bitcoin it's realyl free to earn and you can really make profit by trading and gambling.
gold is hard to find if you want to mine it, but this is the same for bitcoin. you need a lot of money to do either of those things, if you want to make a profit.
but you can buy gold as easy as bitcoin. actually it is even easier to buy gold then bitcoin. and if you are talking about working for free bitcoin like faucets and signature campaigns then i have to tell you that this is not free. you work for it and get paid. you can do the same and get paid in gold if you find someone willing to pay you in gold. or you take your paycheck and convert it to gold or bitcoin. i do not see the difference there.
If you are looking for gold by mining, maybe you need to have more capital for the machine and etc..I do not dream of mining as mining bitcoin is lot easier, so being said that, I would definitely choose bitcoin over gold because I believe bitcoin has more potential at the current stage.
sr. member
Activity: 280
Merit: 253
October 27, 2016, 02:59:20 AM
For me bitcoin is still the best than any other coins in this earth first thing gold is really hard to find yes we can just find gold in the market and just easy buy it if we had money already in our hands but if we don't have then we are just looking it not like bitcoin it's realyl free to earn and you can really make profit by trading and gambling.
gold is hard to find if you want to mine it, but this is the same for bitcoin. you need a lot of money to do either of those things, if you want to make a profit.
but you can buy gold as easy as bitcoin. actually it is even easier to buy gold then bitcoin. and if you are talking about working for free bitcoin like faucets and signature campaigns then i have to tell you that this is not free. you work for it and get paid. you can do the same and get paid in gold if you find someone willing to pay you in gold. or you take your paycheck and convert it to gold or bitcoin. i do not see the difference there.
hero member
Activity: 658
Merit: 500
October 27, 2016, 01:01:00 AM
One of the best way to save money is by investing in gold, coz gold prizes increase annually however its nor profitable enough in a year, bitcoin prices increase fast compared to gold.I think I will go for bitcoin. Wink
I think saving money by investing in gold is not a good thing dude. it should save money serves to collect the money, but the investment has risks, of course if you keep your money in gold maybe you could just lose? if you want to save money and keep it in the bank if you want to invest in gold, then allocate special funds
hero member
Activity: 910
Merit: 500
October 26, 2016, 03:17:58 AM
For me bitcoin is still the best than any other coins in this earth first thing gold is really hard to find yes we can just find gold in the market and just easy buy it if we had money already in our hands but if we don't have then we are just looking it not like bitcoin it's realyl free to earn and you can really make profit by trading and gambling.
hero member
Activity: 952
Merit: 500
October 26, 2016, 03:01:05 AM
I dont think that there is such a thing that is better because i know for sure that the bitcoin will not last for ever and i know that th eprice of the gold will always hold almost the same and that is nice for a long hold you know !
You are wrong... Gold and bitcoin are both good although you say that it will not last and of course as this world will not last forever. Think of it, as long as we are alive and this two are a good investments then we take the opportunity to invest and enjoy temporary profits in can give us.
newbie
Activity: 40
Merit: 0
October 26, 2016, 02:30:04 AM
I dont think that there is such a thing that is better because i know for sure that the bitcoin will not last for ever and i know that th eprice of the gold will always hold almost the same and that is nice for a long hold you know !
hero member
Activity: 3038
Merit: 634
October 26, 2016, 01:18:20 AM
It is interesting to reflect on the fact that the better gold or bitcoin. You can bring a lot of peers whom evidence or other merits of gold and bitcoin. But as the apple plans that people in a few decades will cease to use paper money. And gold has always existed and will exist.

Yes it is something that may happen, but I think that paper money will still be used in the future in some respects. Because I think if the banknotes are not used anymore then the currency exchange rates each country will not be able in well control and maybe there will be a decrease or a problem of finance for all countries.
As much as I love bitcoin, the credibility of the gold will not lose ever. If you keep all your savings in gold it is real security.

No doubt about that gold has secured investment but the market for gold is going to be tough enough as there are a lot of competitors playing in the market.

So for me, I want to get involved more with bitcoin as what is happening with bitcoin the price is pumping and giving me more chance to get profit.

Good thing I bought some bitcoins at early age.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
October 26, 2016, 12:55:34 AM
As much as I love bitcoin, the credibility of the gold will not lose ever. If you keep all your savings in gold it is real security.

That is undeniable.
But sometimes I fear that having that much wealth concentrated in such small pieces of metal is not that kind of "distributed" security I would want to have.
Securing this metal becomes part of your very security, …
Bad security means someone (robbers, government, etc..) can very easily take those pieces of metal away from you.

And then what?

-sf-
Then it is same with bitcoin as well,bitcoin wallets can be hacked and you bitcoins can be robbed as well and same thing with any kind of money,its upto you how you keep them safely,weather bitcoin or gold.Actually i would feel more safe with gold because that would be under my own security.
Gold is always an safer investment in terms of profits and also in security as if you keep them safe in your personal locker then no one can touch them and it can also give you good profits in long term as everyone is sure that gold will not simply disappear and same feeling doesn't comes for bitcoins.
locker can be destroy or destructable,imagine if someone rob your house which there's the place you save your gold in a locker and then it's just need to be open by using such a gun or destructive thing then you lost your gold,locker is just gimmick
Gold requires big investment as you also need to safe guard your assets and that implies expenses, therefore never attempt to invest gold if you do not have all the means to do it and the resources required for the success of your investment.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
October 25, 2016, 10:38:58 PM
As much as I love bitcoin, the credibility of the gold will not lose ever. If you keep all your savings in gold it is real security.

That is undeniable.
But sometimes I fear that having that much wealth concentrated in such small pieces of metal is not that kind of "distributed" security I would want to have.
Securing this metal becomes part of your very security, …
Bad security means someone (robbers, government, etc..) can very easily take those pieces of metal away from you.

And then what?

-sf-
Then it is same with bitcoin as well,bitcoin wallets can be hacked and you bitcoins can be robbed as well and same thing with any kind of money,its upto you how you keep them safely,weather bitcoin or gold.Actually i would feel more safe with gold because that would be under my own security.
Gold is always an safer investment in terms of profits and also in security as if you keep them safe in your personal locker then no one can touch them and it can also give you good profits in long term as everyone is sure that gold will not simply disappear and same feeling doesn't comes for bitcoins.
locker can be destroy or destructable,imagine if someone rob your house which there's the place you save your gold in a locker and then it's just need to be open by using such a gun or destructive thing then you lost your gold,locker is just gimmick
hero member
Activity: 826
Merit: 1000
October 25, 2016, 03:22:31 PM
It is interesting to reflect on the fact that the better gold or bitcoin. You can bring a lot of peers whom evidence or other merits of gold and bitcoin. But as the apple plans that people in a few decades will cease to use paper money. And gold has always existed and will exist.

Yes it is something that may happen, but I think that paper money will still be used in the future in some respects. Because I think if the banknotes are not used anymore then the currency exchange rates each country will not be able in well control and maybe there will be a decrease or a problem of finance for all countries.
As much as I love bitcoin, the credibility of the gold will not lose ever. If you keep all your savings in gold it is real security.
Yes, it is a real security because almost everybody around the world know gold and it value but bitcoin just started in 2009 which is only 7 years ago but gold has been in existance for more than 2000 years ago. I think if bitcoin survive up to next 10  years only, it will get more value than gold for sure.
sr. member
Activity: 406
Merit: 250
October 25, 2016, 02:06:38 AM
As much as I love bitcoin, the credibility of the gold will not lose ever. If you keep all your savings in gold it is real security.

That is undeniable.
But sometimes I fear that having that much wealth concentrated in such small pieces of metal is not that kind of "distributed" security I would want to have.
Securing this metal becomes part of your very security, …
Bad security means someone (robbers, government, etc..) can very easily take those pieces of metal away from you.

And then what?

-sf-
Then it is same with bitcoin as well,bitcoin wallets can be hacked and you bitcoins can be robbed as well and same thing with any kind of money,its upto you how you keep them safely,weather bitcoin or gold.Actually i would feel more safe with gold because that would be under my own security.
Gold is always an safer investment in terms of profits and also in security as if you keep them safe in your personal locker then no one can touch them and it can also give you good profits in long term as everyone is sure that gold will not simply disappear and same feeling doesn't comes for bitcoins.
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