Is gold better than Bitcoin? - page 40.

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Quote from: Digital_Lord on May 18, 2016, 01:29:13 AM

Quote from: nejibens on May 16, 2016, 10:09:46 AM

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.

Bitcoin and Gold are both very profitable in trading.. Even gold is more profitable than bitcoin.. but the problem with gold is we need so much money to start trading with gold. and bitcoin don't need lots of money to start work. with bitcoin we can easily start trading bitcoin to altcoin only for 5 to 10$ dollar minimum. this is the beauty of bitcoin and this make bitcoin more useful for traders like me.

Many of us can't afford gold even though it is better than bitcoin but both of them have its own disadvantages and advantages.
But since we are in the digital era maybe bitcoin would be helpful if a person can't afford to have capital for gold.

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Quote from: nejibens on May 16, 2016, 10:09:46 AM

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.

Bitcoin and Gold are both very profitable in trading.. Even gold is more profitable than bitcoin.. but the problem with gold is we need so much money to start trading with gold. and bitcoin don't need lots of money to start work. with bitcoin we can easily start trading bitcoin to altcoin only for 5 to 10$ dollar minimum. this is the beauty of bitcoin and this make bitcoin more useful for traders like me.

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My opinion would be neutral. Gold has proven itself for centuries from generation to generation. And bitcoin is still new to the trend.
But with the help of technology bitcoin is getting more valued as the time goes by.

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Quote from: umaOuma on May 16, 2016, 09:32:57 AM

Quote from: justspare on May 16, 2016, 05:27:28 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.

Yeah choose according to your needs if you want to make quick profits then invest in bitcoin and if you want to play safe then gold is the best option.

Exactly, everyone has different ideas about what they want to do with their fiat. You need to decide for yourself.

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Quote from: diodio5 on May 17, 2016, 06:23:52 PM

Quote from: Zoomer on May 15, 2016, 02:28:23 PM

Quote from: Crazygreek on May 15, 2016, 02:10:49 PM

Nowdays a lot of people choosing gold cause of stability. Bitcoin have good perspective now but bitcoin is still unstable one.

Smart people will always choose bitocoin over gold as they are aware about the potential of bitcoin, and it can give them best returns in future.

I think people are choosing gold are people who are more concerned with security untunk investment in the appeal with a quick profit. I think everyone has a choice on his investment. actual bitcoin and gold are equally safe but bitcoin is more volatile it will look more frightening

well, if you are looking for higher profit then you have to also take higher risks. it is as they say with big risk come big reward.

also it is important that anybody who wants to make an investment, should be careful about their choices. for example choosing an investment means you should always check the price and have some stop loss mechanism.

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Quote from: Zoomer on May 15, 2016, 02:28:23 PM

Quote from: Crazygreek on May 15, 2016, 02:10:49 PM

Nowdays a lot of people choosing gold cause of stability. Bitcoin have good perspective now but bitcoin is still unstable one.

Smart people will always choose bitocoin over gold as they are aware about the potential of bitcoin, and it can give them best returns in future.

I think people are choosing gold are people who are more concerned with security untunk investment in the appeal with a quick profit. I think everyone has a choice on his investment. actual bitcoin and gold are equally safe but bitcoin is more volatile it will look more frightening

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Quote from: pereira4 on May 16, 2016, 07:28:09 AM

Bitcoin destroys gold in every aspect possible. It is more easy to use and move around, it can be encrypted, it can be sent all over the world instantly.. you can't do shit nothing with your gold, other than hiding it in your closet and hope no one finds it. The only thing gold has is epic network effect, that's all. Other than that, it's trash.

But bitcoin is very much just like what gold is. It has 'epic network effect' as well. I mean, if people don't see any value with bitcoin, then it's nothing to them. And with gold, most people don't actually hold the gold by hand, it's usually by certificates of ownership, e.g. stocks.

Anyway, of course bitcoin is better than gold since it's technologically dependent and can be improved overtime whereas gold is... well, gold.

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Quote from: nejibens on May 16, 2016, 10:09:46 AM

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.

Gold and Bitcoin both profitable in future and trading them in long term could be profitable. Bitcoin trading is more profitable than gold because gold price is stable. Bitcoin price will rise or down at anytime so it is profitable than gold. But Gold is good for long-long term because gold have physical appearance what if bitcoin will gone. It is the safest than bitcoin.

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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.

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I think nowadays we need both gold and Bitcoin, although gold is till now more stable than Bitcoin but Bitcoin's price is promising too especially we expect that it will increase highly after the next halving.

At a moment I think investing in bitcoin is good option, everyone is expecting higher price at the time of halving so we need to grab this opportunity in best possible way.

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Quote from: justspare on May 16, 2016, 05:27:28 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.

Yeah choose according to your needs if you want to make quick profits then invest in bitcoin and if you want to play safe then gold is the best option.

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Quote from: pereira4 on May 16, 2016, 07:28:09 AM

Bitcoin destroys gold in every aspect possible. It is more easy to use and move around, it can be encrypted, it can be sent all over the world instantly.. you can't do shit nothing with your gold, other than hiding it in your closet and hope no one finds it. The only thing gold has is epic network effect, that's all. Other than that, it's trash.

No i dont think its slowly killed gold because in basic instance if you want long term investment you go for gold and surely the market price value of gold will make go up higher for years pass because for its preciousness while in bitcoin is just showet term investment because we dont really knew what will happen to it in future many aspect of bitcoin cam affects its price and its unstable anybody can kill its price by dumping their big amount of btc.

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Bitcoin destroys gold in every aspect possible. It is more easy to use and move around, it can be encrypted, it can be sent all over the world instantly.. you can't do shit nothing with your gold, other than hiding it in your closet and hope no one finds it. The only thing gold has is epic network effect, that's all. Other than that, it's trash.

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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.

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Quote from: pocarime32 on May 16, 2016, 03:31:57 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.

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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.

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Quote from: Kprawn on March 28, 2016, 10:42:13 AM

A lot of people seem to think gold is the answer to all our problems. Every time the economy takes a turn for the worst, people turn to gold. {They invest in gold to hedge against these problems} If you

do not buy physical gold items/ornaments/jewelry/gold bars ... you still have ZERO protection against anything. It is just a piece of paper and a ledger entry on a private database. People seem to think

that there are tons of gold stored in secret vaults under government buildings. Is this true? https://www.youtube.com/watch?v=gZcRk7UClO4 { There are no proof of this and audits in the USA are about

60 years old. } You have the only entry to your investment, when you invest in Bitcoin. { The private key } The proof that it exist, is on a public blockchain.... Wink

They are both valuable to me one way or the other they have an advantage and disadvantage to each other but at this point of time Bitcoin seems to have the slight edge because they are now highly adopted and there values keeps increasing many coins news are now imitating them just like when gold was at his highest demand..

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Quote from: Crazygreek on May 15, 2016, 02:10:49 PM

Nowdays a lot of people choosing gold cause of stability. Bitcoin have good perspective now but bitcoin is still unstable one.

in fact I think people would prefer prices fluctuate dude. even there are a lot of people mention that if bitcoin becomes stable, then many users will go out. people will benefit greatly when they invest in bitocin this time to be rich you have to take risks so I think it's better choose bitcoin.

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Gold has the advantage that more than bitcoin. gold is more secure and saftey. investment in gold has advantages over other investments. investing in gold is a long-term investment.

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If we are to talk about stability, gold deserves the nod here. Being so precious since time immemorial, we cannot deny the fact that gold will continue to serve as back up for our conventional currency. If we are going to talk about potential, then BTC would win hands down, taking into consideration its unique features and the fact that it is still in its infancy stage, yet there are quite a few who are supporting it.

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