So Bitcoin is better than Gold? - page 105.

TastyChillySauce00

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Quote from: izanagi narukami on May 20, 2017, 10:09:26 AM

For investation, bitcoin is winning at the moment since bitcoin value is very high recently.
As for now , I'm invest more on bitcoin rather than gold at the moment , I'm pretty sure that bitcoin will reach $ 2000 before end of the year

That's why bitcoin often be said that it's a short term investment which volatility far surpasses gold. Gold as investment having a stable price and steadily increasing by the time, it's like a property, always increase and rarely decrease. But, bitcoin is a different thing, the volatility behaviour of bitcoin make traders could earn as much profit within the short term of time but also high risk. For people who don't want to suffer from always monitoring the current price of their investment, bitcoin is a disaster.

SamsungBitcoin

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Quote from: Kisanaq on May 22, 2017, 02:47:20 AM

Don't to often comparing bitcoin with gold, when the price of the bitcoin is very rising then people will make the bitcoin is best included with gold, but what if the price bitcoin drop?

We all know that people are bias, we choose which is anonymous at the current status but both gold and bitcoin is the best investment much better to have it both but it depends on the investor, if what they can afford because me i only afford is bitcoin that is why i am here invested in bitcoin.

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Quote from: YuginKadoya on May 21, 2017, 05:44:34 AM

Bitcoin and Gold are two different value and I can distinctly say that they have different purpose in the certain of use and I like bitcoin more than gold because of the security it can offer in it's security and it can not be counterfeit and it is surely theft resistant and lastly not like gold it can Easily Transactable and because it is P2P it is decentralized and I like it that way.

Yes, these are two different goals and even two different directions - digital and real. While they can only complement each other, rather than compete among themselves and compare them is not very correct.

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Don't to often comparing bitcoin with gold, when the price of the bitcoin is very rising then people will make the bitcoin is best included with gold, but what if the price bitcoin drop?

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Bitcoin and Gold are two different value and I can distinctly say that they have different purpose in the certain of use and I like bitcoin more than gold because of the security it can offer in it's security and it can not be counterfeit and it is surely theft resistant and lastly not like gold it can Easily Transactable and because it is P2P it is decentralized and I like it that way.

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It depends how you think, if you measure in monetary value then definitely Bitcoin is better than gold, but if you want differentiate in availability or credibility then I want to say that gold is more precious than Bitcoin. Wherever the case is, Bitcoin will dominate in money market.
Hopefully, in future, Bitcoin is going to take as a replacement of gold.

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First of all it is necessary to look and what you want to have from gold And at the same time What you want to go from Bitcoin. Well, the experts very well clearly expressed that Bitcoin and gold have something similar, but at the same time, gold and Bitcoin are completely different. Generally it would be nice to earn with Bitcoin and invest in gold, although to date, bitcoins are the best investments of recent years.

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Quote from: David Horton on May 18, 2017, 05:42:58 AM

So Bitcoin is better than Gold? Roll Eyes

For sure it is . You see price now of BTC smashed Gold hard.
So there is preasure near that BTC is better is less manipulated than Gold.
For me if i would want leave country and take my money with be BTC is best choice you need 0 permission to do it.
THis is great feature.

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Quote from: staceyoh on May 19, 2017, 09:45:38 PM

For me bitcoin is better way of investment
than gold because you can gain a lot of profit
in bitcoin than in gold.

Yes! but on the other hand chances of lose is also greater in bitcoin as there are more fluctuation in BTC prices. You don't know when the prices rise or fall.

Quote from: dwieyani on May 19, 2017, 11:24:07 PM

I think bitcoin is good for investment but gold has advantages that make it safe in the future with a high price.

The major advantage of gold is its price, which is almost remained constant over many months so its a safer option if you are not willing to take risk.

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Well nowadays bitcoins have more value than the gold, so you can said that bitcoin is better than gold for his value.

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Quote from: Slark on May 19, 2017, 02:15:10 PM

Quote from: NUFCrichard on May 18, 2017, 08:04:05 AM

Crossing borders is a big advantage at the moment with Bitcoin, though it will apparently become the norm that the NSA will check your phone/computer to check for dodgy activity, including seeing that you don't have lots of Crypto.

There is no way to detect if you are bitcoin owner, or if you are transferring bitcoin within your smartphone, PC laptop, whatever device you have.
We can encrypt private keys and hid it somewhere, remember or write down mnemonic HD wallet seed or use dozen other methods to conceal your bitcoin stash.
If you are serious crypto holder then there is no need to worry about airport security at all.

I agree, you can just send the private key to your just created email address and access it after landing on your destination. It is as simple as that. You do not need to hide it somewhere. Besides this new email will surely does not link y our personal data because if you are a serious crypto person, you know how to make yourself anonymous.

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Quote from: dave3 on May 18, 2017, 07:08:39 AM

Bitcoin obviously has a lot of different properties than gold, and is in many ways better than gold.

Or, at the very least, you could say it's similar to gold (in terms of value).

Perhaps someday, in the not so distant future, people will be happy to get a few mBTC to store their family's wealth.

It is true that if we will compare the both denominator which is gold and bitcoin we should also look on the wider scale that bitcoin is way different to gold in many aspect. Bitcoin is a crypto currency which can be used through the power of internet and technology in contrary Gold is a tangible thing that has value which can be used on trading depending to its value. But bitcoin also does have value and price and the great thing on bitcoin it price is constantly changing and also follow the principle of law of price and demand which is way better in investment and businesses.

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Quote from: Leonard2016 on May 20, 2017, 10:04:40 AM

why is everyone always so obsessed over gold in bitcoin world!
whenever price rises they compare it with gold, whenever it is about investment then they compare it with gold, and a lot of other things i've seen.

i don't get why we should even care about something that is nonsense compared to bitcoin. you can't spend gold, and certainly you can't spend $10 worth of gold. but you can do that with bitcoin. and if the fees allow it, which they should you can spend a lot less.

In my opinion, you do not need to spend Bitcoin at all. And even more so how to spend gold. After all, these are 2 things that are suitable for investment they are for daily use .. even if there is to buy bread or milk for Bitcoin it is already blasphemy

izanagi narukami

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For investation, bitcoin is winning at the moment since bitcoin value is very high recently.
As for now , I'm invest more on bitcoin rather than gold at the moment , I'm pretty sure that bitcoin will reach $ 2000 before end of the year

Leonard2016

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why is everyone always so obsessed over gold in bitcoin world!
whenever price rises they compare it with gold, whenever it is about investment then they compare it with gold, and a lot of other things i've seen.

i don't get why we should even care about something that is nonsense compared to bitcoin. you can't spend gold, and certainly you can't spend $10 worth of gold. but you can do that with bitcoin. and if the fees allow it, which they should you can spend a lot less.

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Quote from: heppot on May 20, 2017, 04:56:40 AM

may be..because 1 troy ons of gold is worth about 1600$ and bitcoin will going to 2000$ .. is that look amazing for a currency..i think bitcoin is better than gold for now..but i dont know in the future...i hope going more better Wink

to me i thnk both have their own importance and we cannot ignore the importance of one. to me i think if a person want to make profit and he is interested in investment then bitcoin will be the wise decision for him. but if he just want to save his money then gold is the right option.

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Quote from: 1Referee on May 20, 2017, 05:56:35 AM

Quote from: dunfida on May 20, 2017, 05:41:08 AM

bitcoin and gold does only have one simmilar function which is moving prices and theyre valuable but when we do talk about functionality and popularity i can say that they do really differ and you do know what i mean. gold is mostly being known unlike on bitcoin and we should accept that fact.

Gold and Bitcoin are pretty similar in each and every aspect. Main difference of Bitcoin is that it has the advantage of being digital, and an already known/fixed total supply. It's easy to move value from one place to another, where you also happen to enjoy a great level of divisibility. Aside from these aspects, what are the differences between Gold and Bitcoin, according to you? And don't come up with reasons as people that can earn money through Bitcoin easily, etc... Real functionalities I am talking about.

Actually, really bitcoin is very similar to gold, but you need to bet on the issue still on the fact that gold has a physical body, and Bitcoin As you said digital. At the slightest problems a person will be calmer when he has his money in real material values

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Quote from: dunfida on May 20, 2017, 05:41:08 AM

bitcoin and gold does only have one simmilar function which is moving prices and theyre valuable but when we do talk about functionality and popularity i can say that they do really differ and you do know what i mean. gold is mostly being known unlike on bitcoin and we should accept that fact.

Gold and Bitcoin are pretty similar in each and every aspect. Main difference of Bitcoin is that it has the advantage of being digital, and an already known/fixed total supply. It's easy to move value from one place to another, where you also happen to enjoy a great level of divisibility. Aside from these aspects, what are the differences between Gold and Bitcoin, according to you? And don't come up with reasons as people that can earn money through Bitcoin easily, etc... Real functionalities I am talking about.

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Quote from: Farcoin12 on May 20, 2017, 05:02:51 AM

Quote from: SvenBomvolen on May 19, 2017, 02:50:29 PM

Bitcoin is not better than gold. No. Many experts callbitcoin as digital gold and I am agree with that. Bitcoin has the same functions as gold has, just it hasn't phisical form to be feeled.

I would definitely disagree with you. Bitcoin doesn't have the same function as gold. Can you walk into a store and buy something with a bar of gold? No, you can't. On the other hand, can you go into a store and purchase something with Bitcoin, yes you can. And you can use Bitcoin at online shops unlike gold.

bitcoin and gold does only have one simmilar function which is moving prices and theyre valuable but when we do talk about functionality and popularity i can say that they do really differ and you do know what i mean. gold is mostly being known unlike on bitcoin and we should accept that fact.

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Quote from: reuschman on May 19, 2017, 10:38:16 PM

For me, it needs more time to get down gold by Bitcoin, gold has already been a popular form of investment and also got huge acceptability so that Bitcoin should go more way to gain desirable position.

Exactly, when it comes to investment both are very good but within limited period of time bitcoin has reached more than where people didn't expect. But now bitcoin is more valuable when compared to gold. There are many disadvantages when compared to gold.

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