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Topic: Is gold better than Bitcoin? - page 49. (Read 42217 times)

hero member
Activity: 1764
Merit: 505
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April 24, 2016, 01:15:23 AM
Gold has had its reputation for centuries. Simply, there is nothing that can compare in that respect, and it is really hard that it ends up being worth nothing after centuries of being a valuable metal.

Indeed, and I also think its a primary currency, think about the fact when everything will collapse the gold will still be standing and we will pay with it for sure if every currency will collapse I'm pretty sure about that.

Gold is just the most important currency in the world in my opinion, I think if the bitcoin fails the gold is the best currency to invest in in my eyes, there is just so much profit you can make with gold on a long term.

Gold is good for being used as spare currency for when fiat money isn't worth anything anymore and digital currencies have no way of surviving without internet. So, if something happens, then we can all fall back on Gold. Smiley

Gold holds more number of trusted users in compare to bitcoin, but the scenario will change in coming years when bitcoin will get more popular and powerful.

Right now as gold has got more acceptance which makes it better than bitcoin, but with the potential bitcoin has it would soon exist as an alternate currency and becomes better than gold.

I can say yes gold is better for bitcoin because golds price rises as years past and it cannot die because it is a precious mineral mine from our sorroundings to years past the price rise and surely it will be the most expensive thing will be exist aside from diamond. But bitcoin is floating money in world wide web And we never know what will happen to it in future although it is strong today because it has gained many users but how about in future we cant tell.
hero member
Activity: 2310
Merit: 532
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April 24, 2016, 12:30:53 AM
Gold has had its reputation for centuries. Simply, there is nothing that can compare in that respect, and it is really hard that it ends up being worth nothing after centuries of being a valuable metal.

Indeed, and I also think its a primary currency, think about the fact when everything will collapse the gold will still be standing and we will pay with it for sure if every currency will collapse I'm pretty sure about that.

Gold is just the most important currency in the world in my opinion, I think if the bitcoin fails the gold is the best currency to invest in in my eyes, there is just so much profit you can make with gold on a long term.

Gold is good for being used as spare currency for when fiat money isn't worth anything anymore and digital currencies have no way of surviving without internet. So, if something happens, then we can all fall back on Gold. Smiley

Gold holds more number of trusted users in compare to bitcoin, but the scenario will change in coming years when bitcoin will get more popular and powerful.

Right now as gold has got more acceptance which makes it better than bitcoin, but with the potential bitcoin has it would soon exist as an alternate currency and becomes better than gold.
legendary
Activity: 1008
Merit: 1000
April 23, 2016, 03:57:08 PM
Gold has had its reputation for centuries. Simply, there is nothing that can compare in that respect, and it is really hard that it ends up being worth nothing after centuries of being a valuable metal.

Indeed, and I also think its a primary currency, think about the fact when everything will collapse the gold will still be standing and we will pay with it for sure if every currency will collapse I'm pretty sure about that.

Gold is just the most important currency in the world in my opinion, I think if the bitcoin fails the gold is the best currency to invest in in my eyes, there is just so much profit you can make with gold on a long term.

Gold is good for being used as spare currency for when fiat money isn't worth anything anymore and digital currencies have no way of surviving without internet. So, if something happens, then we can all fall back on Gold. Smiley

Gold holds more number of trusted users in compare to bitcoin, but the scenario will change in coming years when bitcoin will get more popular and powerful.
hero member
Activity: 644
Merit: 500
April 23, 2016, 03:50:34 PM
At the age of 60 do you think what will be the value of bitcoin? what if the value dropped down to a much lower level?  No one can guarrantee about it that the price will remain high, but for gold there are a lot pf people who will appear and will say that yes gold will stay at height for longer as it is stable and increasing in value from thousands of years.
full member
Activity: 252
Merit: 105
April 23, 2016, 03:44:38 PM
so much better no a slight comparison  bitcoin price swing every second  Grin.
gold has been on earth since millions of years.
legendary
Activity: 2170
Merit: 1427
April 23, 2016, 03:35:36 PM
Gold has had its reputation for centuries. Simply, there is nothing that can compare in that respect, and it is really hard that it ends up being worth nothing after centuries of being a valuable metal.

Indeed, and I also think its a primary currency, think about the fact when everything will collapse the gold will still be standing and we will pay with it for sure if every currency will collapse I'm pretty sure about that.

Gold is just the most important currency in the world in my opinion, I think if the bitcoin fails the gold is the best currency to invest in in my eyes, there is just so much profit you can make with gold on a long term.

Gold is good for being used as spare currency for when fiat money isn't worth anything anymore and digital currencies have no way of surviving without internet. So, if something happens, then we can all fall back on Gold. Smiley
sr. member
Activity: 364
Merit: 250
April 23, 2016, 03:26:25 PM
Gold has had its reputation for centuries. Simply, there is nothing that can compare in that respect, and it is really hard that it ends up being worth nothing after centuries of being a valuable metal.

Indeed, and I also think its a primary currency, think about the fact when everything will collapse the gold will still be standing and we will pay with it for sure if every currency will collapse I'm pretty sure about that.

Gold is just the most important currency in the world in my opinion, I think if the bitcoin fails the gold is the best currency to invest in in my eyes, there is just so much profit you can make with gold on a long term.
full member
Activity: 224
Merit: 100
April 23, 2016, 03:06:32 PM
Gold has had its reputation for centuries. Simply, there is nothing that can compare in that respect, and it is really hard that it ends up being worth nothing after centuries of being a valuable metal.

Indeed, and I also think its a primary currency, think about the fact when everything will collapse the gold will still be standing and we will pay with it for sure if every currency will collapse I'm pretty sure about that.
legendary
Activity: 2464
Merit: 1102
April 23, 2016, 02:56:05 PM
Right now I think the gold is still better than the bitcoin but most likely this will change one day.
The bitcoin has a good future but not such a good future in my eyes, that it can easily get better than the gold.
If you claim that you like gold more than bitcoin, that’s your business, for me I like bitcoin. But one question- how many golds do you have? For me, I like bitcoin, and I have some bitcoins, so if you say you love gold, you should at least have some, let me say like 100 grams.....

Investing  in gold is not a cup of tea of all, it needs huge investment but if you want to invest in gold then you can start off with even a small amount.
hero member
Activity: 2618
Merit: 586
April 23, 2016, 02:52:07 PM
Right now I think the gold is still better than the bitcoin but most likely this will change one day.
The bitcoin has a good future but not such a good future in my eyes, that it can easily get better than the gold.
If you claim that you like gold more than bitcoin, that’s your business, for me I like bitcoin. But one question- how many golds do you have? For me, I like bitcoin, and I have some bitcoins, so if you say you love gold, you should at least have some, let me say like 100 grams.....
sr. member
Activity: 322
Merit: 250
April 23, 2016, 11:27:04 AM
In my view, bitcoin is better than Gold, because now i m earning from bitcoins, but i don't know how to earn from gold, so it is not possible for everyone to earn the profit from the Gold, bitcoin earning is a easy way, everyone can understand how to earn from bitcoins instead of gold.

It is better when it comes down to innovation, when you look towards stability and trust, gold is the clear winner.
This is not something better. 99% of the world would choose gold over their own local currency too.
full member
Activity: 129
Merit: 100
April 23, 2016, 10:34:54 AM
Gold is better than bitcoin! Bitcoin is still very young value store and need at least 10 years to show its strength..But computer technology can surprises and we could see even better solutions than blockchain, and this is not something terrible, we all want only progress..
sr. member
Activity: 476
Merit: 250
April 23, 2016, 10:24:31 AM
#99
Gold and Bitcoin are two different things, Gold is a precious metal used for female ornaments and use currency to buy it while bitcoin is a currency, it is used for buying different things like other normal currencies.
nope you know that gold is not only jewelry dude it was a similar investment like bitcoin.
so both can be compared in terms of investment ?
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
April 23, 2016, 09:26:04 AM
#98
i still think gold is a pretty good investment, it might not have the big profit of bitcoin but it is still profitable over time and it is a good investment over all. but to be better than bitcoin it has to be in the same league to be compared which is not.
hero member
Activity: 672
Merit: 500
April 23, 2016, 06:27:06 AM
#97
since the begining gold known as investment, people keep say that gold is the best invetement,and now bitcoin come to compete gold. i just say gold not better than bitcoin,gold have stable price,and its why people have long time to get profit,but with bitcoin,peoplecan instantly get profit on short time.

That's true but the problem here is people have more faith in gold even if the earning profit is long term process they would prefer to invest in gold and not in bitcoin.
newbie
Activity: 6
Merit: 0
April 23, 2016, 04:41:30 AM
#96
Gold and Bitcoin are two different things, Gold is a precious metal used for female ornaments and use currency to buy it while bitcoin is a currency, it is used for buying different things like other normal currencies.
sr. member
Activity: 294
Merit: 250
April 23, 2016, 04:34:15 AM
#95
since the begining gold known as investment, people keep say that gold is the best invetement,and now bitcoin come to compete gold. i just say gold not better than bitcoin,gold have stable price,and its why people have long time to get profit,but with bitcoin,peoplecan instantly get profit on short time.
hero member
Activity: 756
Merit: 500
April 22, 2016, 11:31:12 PM
#94
They serve different purposes in terms of use and wealth building.  Bitcoin wins over gold in ease of use and not taking up space.  Gold will always be a storage of wealth IMO.
hero member
Activity: 518
Merit: 500
April 22, 2016, 11:30:27 PM
#93
Yeah, gold has a history of 5000+ years, as others have mentioned and bitcoin has a history of what, 7 years?  So I think it's a little too early to make this kind of call.  My vote is for gold, though I do like bitcoin a lot.  There's nothing quite like the beauty of a nicely-minted gold coin or a gold ring.

Yes, gold is one of the oldest and best investment product for any one to consider. It is most safer investment because its prices will move very slow and study so it is more suitable for less risky investors. Also every one should have some investment in this product because during market trouble times it will help a lot. Bitcoins is very high volatile and its prices will move in both directions very fast so I prefer not to miss the chances to take this advantage. I will also put some of my money in bitcoins to make some quick profit. Basically one should invest in both and % will be depends on their risk factor.
Gold is not exactly an investment imo. Price fluctuation of gold is not something that can give you huge profit. It is more like 'secure' way of freezing your capital.
Because you know that gold price won't ever reach bottom - some people might be more comfortable with it than with bitcoin.
are you sure, not exactly an investment? in my view Gold is one of good investments and gold price not easily fall like any other investment
legendary
Activity: 1232
Merit: 1000
April 22, 2016, 11:23:51 PM
#92
both have their respective advantages, In terms of investment gold is very superior. while bitcoin too much fraud or scam.
but in terms of the benefits and use of bitcoin is very superior. also can be used as an online payment
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