Is gold better than Bitcoin? - page 43.

Drekavac

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Quote from: _Miracle on May 07, 2016, 11:14:44 PM

Quote from: n0ne on April 30, 2016, 01:12:55 AM

Quote from: _Miracle on April 29, 2016, 10:22:44 PM

At this moment I like them both for different reasons.
I use bitcoin to transact.

Yeah having both bitcoin and gold is a better option than holding bitcoin alone. How come you use gold to transact.

I use metals to store or for security, it cost too much to move in and out of metals in my area: most often times you will lose a premium on the buy and again on the sale.
Gold and Silver were down a little while back, I got as much as I could.

I use bitcoin to transact, for me it is easy to move in and out of.

#_Miracle
You should be staff member, i will vote for you if you decide.. Your posts are extremely good and useful, and precise!

stromma44

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Gold will always better in long run, as you can expect certain profit from it over a period of time, investing in bitcoin is bit risky as none is aware about the future of bitcoin.

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Quote from: The Feral Kid on May 08, 2016, 10:38:07 AM

Quote from: jasondeadz09 on May 08, 2016, 09:57:07 AM

Bitcoin is better Wink

I'm in agreement. The supply is known, limited, and soon to be halving in production of new coins. Miners will lose 50% of profit. That will have many impacts, no?

As of now, I'm trying to weigh if what is better and I think the gold is better than bitcoin, after bitcoin reaches it maximum supply.
Or in short, if bitcoin reaches 21 million, there will become a stable price, I guess.

The Feral Kid

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Quote from: jasondeadz09 on May 08, 2016, 09:57:07 AM

Bitcoin is better Wink

I'm in agreement. The supply is known, limited, and soon to be halving in production of new coins. Miners will lose 50% of profit. That will have many impacts, no?

peta4e

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Quote from: rekinthis on May 08, 2016, 07:13:14 AM

Quote from: Kprawn on March 28, 2016, 11:42:13 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

i don't think that gold is better than bitcoin, gold is now pretty old and it is stable, so it would take long time to get profit from it, so many people started to use bitcoins

and it is good for bitcoins too,as more buyers means larger price, some people buys other cryptos like etherium, but they still like it more than gold, as it give more profit and faster

Yeah bitcoin allows us to make quick profits, but in gold you need to wait for a longer time as price fluctuation is not as high as bitcoin and gold is more stable.

jasondeadz09

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Bitcoin is better Wink

rekinthis

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Quote from: Kprawn on March 28, 2016, 11:42:13 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

i don't think that gold is better than bitcoin, gold is now pretty old and it is stable, so it would take long time to get profit from it, so many people started to use bitcoins

and it is good for bitcoins too,as more buyers means larger price, some people buys other cryptos like etherium, but they still like it more than gold, as it give more profit and faster

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Quote from: GamingBro on May 07, 2016, 02:29:45 PM

Actually gold is material thing and it's always better than digital, also a lot of any facts saying that gold is better now but bitcoin is growing and soon will become even better i belvie.

People are actually using gold? I always thought that, with paper money and coins (quarters, dimes, nickels, and pennies), gold would only be collected and stored like a trophy. That it was money of the past. Except for maybe rich people. I mean, everywhere, people use cards, and ATMs for cash. Do stores even accept gold?

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Quote from: GamingBro on May 07, 2016, 02:29:45 PM

Actually gold is material thing and it's always better than digital, also a lot of any facts saying that gold is better now but bitcoin is growing and soon will become even better i belvie.

this difference would have mattered twenty years ago not today, we all have access to computers and internet even on our phones. so i don't see any issue with bitcoin being "digital" as you put it. you just have to learn the security.

streazight

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Gold is really better

_Miracle

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Do due diligence

Quote from: n0ne on April 30, 2016, 01:12:55 AM

Quote from: _Miracle on April 29, 2016, 10:22:44 PM

At this moment I like them both for different reasons.
I use bitcoin to transact.

Yeah having both bitcoin and gold is a better option than holding bitcoin alone. How come you use gold to transact.

I use metals to store or for security, it costs too much to move in and out of metals in my area: most often times you will lose a premium on the buy and again on the sale.
Gold and Silver were down a little while back, I got as much as I could.

I use bitcoin to transact, for me it is easy to move in and out of.

gilangIDR

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if I were to choose then I would choose gold. the current gold investment is an investment for the long term. gold has been recognized by the world powers. and I believe gold is a thing that must be invested by each person.

MingLee

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Gold is better than Bitcoin if you need to have more security when it comes to your investment, and you want a relatively stable commodity to store your value in. It is also a better investment if you are not confident in the longevity of the internet for whatever reason.

Bitcoin is a better investment if you are ever going to spend it, or if you ever want to exchange it quickly. Bitcoin is also a better growth investment, as we have seen, and the volatility of Bitcoin allows for a lot of money to be made.

Duomo

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☃

With gold, yes you can physically hold it and it has been used to store wealth for a long period of time. With bitcoin, you have a digital non-tangible asset that you can't hold in your physical possession. It really depends on the way you wish to measure the values and prices of things in the future. I personally would diversify in both but I can't say that one is "better" than the other.

knowhow

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Well if the interest is to make money bitcoin offers a faster and risky way to achieve it ,and has power to get twice its value something gold hasnt,we had saw already the max value of gold soo the market play around it,bitcoin we saw once the pump made ,now we are more people inside and the current price are more stable and has a huge support to hold it for a long time.I wouldnt buy gold because i believe you need to expose yourself and pay a tax to hold such any ammount of gold,soo with bitcoins i can let the coins into the wallet or invest no fees and no personal details.

GamingBro

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Actually gold is material thing and it's always better than digital, also a lot of any facts saying that gold is better now but bitcoin is growing and soon will become even better i belvie.

noormcs5

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Quote from: streazight on May 01, 2016, 11:44:15 AM

Till now Gold is more safer investment.

But it is only for those people who know how to use gold and what is the right time to sale it.
Same like bitcoins, if you save bitcoins than you take care what is the right time and sell it.
So chose one thing which is the suitable for you, than defiantly , it is good investment for you.

Herbert2020

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Quote from: darewaller on May 02, 2016, 04:53:18 AM

Quote from: X-ray on April 28, 2016, 09:05:18 AM

Quote from: BitHodler on April 28, 2016, 08:41:17 AM

Quote from: hawkins on April 28, 2016, 08:27:13 AM

Quote from: Digital_Lord on April 28, 2016, 07:39:34 AM

Quote from: salmanahmedone on April 25, 2016, 10:39:46 PM

A lot of people still have trust in the Gold. Also gold is there for so many decades. But i think Bitcoin will win in the future.

lots of people still have trust in the Gold because gold deserve to be trust and to be collect.. bitcoin is similar to gold because of its price and quality. but bitcoin is better because it is a decentralized currency and more accessible.

Well, I also feel like it. I think that the current bitcoin is still better compared to gold, because the price of bitcoin which tend to rise and fall, so very many people who take advantage of it to be used as additional income, and gold can not be like that

Gold is more a store of wealth by the majority of its holders.

Bitcoin is also a great store of wealth, but traditional investors find Bitcoin too volatile and thus keep their money in Gold.

bitcoin is fluctuative and it's not worth for saving any of your cents if you're not going to expect a rise/falling price,gold is better for saving, the price always grow up

Yes, if someone wants long term investment which will last for dozen of years then they will prefer to invest in gold and not in bitcoin as gold is valuable from hundreds of years and is a reliable asset from centuries while bitcoin is new one and also people once faced a deep drop to $250 after reaching to $1200.

yeah, the stability makes gold a better and safer choice to put your money in but this also means that you can only gain a much smaller amount of profit from this investment. and also we are living in a modern day and age and blockchain and bitcoin technology seems more futuristic than gold.

koelen3

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Sooner or later, a man who wears two faces forgets

Better or not , it's Safer...
That's what matters - if you ask me i'd rather invest in Gold rather than Bitcoins

Drekavac

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Entire world economy relying on gold reserves, and we here talking about equality.
This is nice but it is still a dream. You don't need something to be better to be used more frequently..It is established as
number one, long time ago

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