So Bitcoin is better than Gold? - page 109.

btcjoin14

hero member

Activity: 891

Merit: 500

Quote from: TheWallStreetCrew on May 18, 2017, 01:05:34 PM

Bitcoin is outperforming gold as an investment. And as it becomes more of a hedge against uncertainty, it will do even better. The good thing is that there is not much bitcoin so it has a very strong upside potential.

You are right about Bitcoin being more expensive than Gold when it’s paired against the United States Dollar thought Bitcoin does not have a chance against Gold when it comes down to long-term value.
Gold could be used for pretty much anything and Bitcoin can only be used for transferring to the people who want to collect the coin. Blockchain is the same, it’s basically record keeping.
Gold could survive a most disasters and Bitcoin can only survive a limited amount of disasters until the people start to grow tired of it since there won’t be that much people left on the earth that is computer savvy.

Cosbycoin

hero member

Activity: 980

Merit: 506

Quote from: ?? on ??

btc is way better then gold

yes offcourse bitcoin is much more better than gold because it is the era of bitcoin everyone are using bitcoins and bitcoin is going too much useful currency around the world and a lot of people are using bitcoin for online transaction bitcoin has a lot of advantages because people like bitcoin more than gold.

MCS23

full member

Activity: 171

Merit: 100

Quote from: Colt22 on May 18, 2017, 03:14:10 PM

Quote from: doomloop on May 18, 2017, 02:45:37 PM

Quote from: Tungsten-1 on May 18, 2017, 11:48:16 AM

Quote from: AK47- on May 18, 2017, 09:13:25 AM

There are so many reason for bitcoin being better than gold. Especially when you are on bitcointalk forum you will get many. For me the main reason is with bitcoin my money grows faster whereas with gold there is a very small increase in price. Moreover, now bitcoin is gaining grounds and getting more popular. Prices will rise more and more. I am definitely enjoying this phase. Cheesy

I am agree with you. Because I have also invested my money in bitcoin and my money is growing very fast because the price of bitcoin is going very high as compare to gold as the price of gold is not going high rapidly.

well it is very good that you have invested money in bitcoin and now it is growing at a very fast, well you are a very lucky man. But i think the betterness of bitcoin is not only with that one reason that its price is increasing regularly and faster, and the gold price is increasing very slowly, there are also many services that offering bitcoin like trading, gambling and signature campaigns etc.

Along with that I will also add some benefits of bitcoin which are most important and that are its anonymous feature that is why gambling field love that currency. The other feature is that it is workable in all parts of the world where internet is available so many people from different countries can now earn money without any limit which paypal had put on them

I can understand why everyone vied with each other that gold is already giving up its position as a very topical investment, and that Bitcoin is becoming more suitable for replacement in this area. Maybe I'm old-fashioned and do not believe too much in High Tech but still I'm used to having my post in my hands it means a physical and physical body.

Colt22

hero member

Activity: 770

Merit: 500

Quote from: doomloop on May 18, 2017, 02:45:37 PM

Quote from: Tungsten-1 on May 18, 2017, 11:48:16 AM

Quote from: AK47- on May 18, 2017, 09:13:25 AM

There are so many reason for bitcoin being better than gold. Especially when you are on bitcointalk forum you will get many. For me the main reason is with bitcoin my money grows faster whereas with gold there is a very small increase in price. Moreover, now bitcoin is gaining grounds and getting more popular. Prices will rise more and more. I am definitely enjoying this phase. Cheesy

I am agree with you. Because I have also invested my money in bitcoin and my money is growing very fast because the price of bitcoin is going very high as compare to gold as the price of gold is not going high rapidly.

well it is very good that you have invested money in bitcoin and now it is growing at a very fast, well you are a very lucky man. But i think the betterness of bitcoin is not only with that one reason that its price is increasing regularly and faster, and the gold price is increasing very slowly, there are also many services that offering bitcoin like trading, gambling and signature campaigns etc.

Along with that I will also add some benefits of bitcoin which are most important and that are its anonymous feature that is why gambling field love that currency. The other feature is that it is workable in all parts of the world where internet is available so many people from different countries can now earn money without any limit which paypal had put on them

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: Tungsten-1 on May 18, 2017, 11:48:16 AM

Quote from: AK47- on May 18, 2017, 09:13:25 AM

There are so many reason for bitcoin being better than gold. Especially when you are on bitcointalk forum you will get many. For me the main reason is with bitcoin my money grows faster whereas with gold there is a very small increase in price. Moreover, now bitcoin is gaining grounds and getting more popular. Prices will rise more and more. I am definitely enjoying this phase. Cheesy

I am agree with you. Because I have also invested my money in bitcoin and my money is growing very fast because the price of bitcoin is going very high as compare to gold as the price of gold is not going high rapidly.

well it is very good that you have invested money in bitcoin and now it is growing at a very fast, well you are a very lucky man. But i think the betterness of bitcoin is not only with that one reason that its price is increasing regularly and faster, and the gold price is increasing very slowly, there are also many services that offering bitcoin like trading, gambling and signature campaigns etc.

FiiNALiZE

hero member

Activity: 868

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

Bitcoin is most definitely expensive to a point where the average person won’t be able to purchase the coin just for the sake of owning a single Bitcoin in their Bitcoin account.
Since the people online like to accept Bitcoin for payments, the price of Bitcoin will swing through every direction because there is not many people trying to hold onto the coin. Gold is pretty limited so the price of it is going to go up dramatically if people find a use for it.

TheWallStreetCrew

member

Activity: 111

Merit: 100

Bitcoin is outperforming gold as an investment. And as it becomes more of a hedge against uncertainty, it will do even better. The good thing is that there is not much bitcoin so it has a very strong upside potential.

cryptomium

full member

Activity: 184

Merit: 100

We have seen several reason why Bitcoin is better than gold. Among them I like best the feature of bitcoin as store of value because the rate of value increase with bitcoin is very high. We just need to hold it and wait for sometime and see how our money increase with bitcoin.

CROYA86

sr. member

Activity: 490

Merit: 250

It is certain that, in any case bitcoin will still be better when compared with gold, such as the selling value of gold is quite stable, while the bitcoin may at any time change

Tungsten-1

sr. member

Activity: 994

Merit: 256

Quote from: AK47- on May 18, 2017, 09:13:25 AM

There are so many reason for bitcoin being better than gold. Especially when you are on bitcointalk forum you will get many. For me the main reason is with bitcoin my money grows faster whereas with gold there is a very small increase in price. Moreover, now bitcoin is gaining grounds and getting more popular. Prices will rise more and more. I am definitely enjoying this phase. Cheesy

I am agree with you. Because I have also invested my money in bitcoin and my money is growing very fast because the price of bitcoin is going very high as compare to gold as the price of gold is not going high rapidly.

iluvpie60

hero member

Activity: 700

Merit: 500

It is better than gold in certain areas yes.

Gold is always going to be a precious metal used in electronics though. Gold conductors and resistors are in many things. Gold is probably going to be more stable month to month though. Gold is a different thing altogether. Silver is also used in electronics.

Buy some of both and btc!!

AK47-

sr. member

Activity: 644

Merit: 250

There are so many reason for bitcoin being better than gold. Especially when you are on bitcointalk forum you will get many. For me the main reason is with bitcoin my money grows faster whereas with gold there is a very small increase in price. Moreover, now bitcoin is gaining grounds and getting more popular. Prices will rise more and more. I am definitely enjoying this phase. Cheesy

malikusama

copper member

Activity: 1050

Merit: 294

Better than gold in business point of view because if you are going to trade bitcoin you will get a better profit than gold. However gold is safe and risk free than bitcoins, bitcoins involve some risk but can generate a good profit as well.

mmo4me.2016

sr. member

Activity: 812

Merit: 256

The BTC is good when you need to transfer large amounts of money that no one can manage. In general, there are many reasons, but BTC is very attractive

moviebuff777

sr. member

Activity: 378

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

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

So Bitcoin is better than Gold? Roll Eyes

The potential for a big gain is probably better with bitcoin than with gold. But there is also more risk with bitcoin because it isn't as well know or accepted as gold is right now.

Fatanut

legendary

Activity: 1008

Merit: 1060

Quote from: ImHash on May 18, 2017, 06:32:00 AM

Quote from: Lauda on May 18, 2017, 05:56:03 AM

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

So Bitcoin is better than Gold? Roll Eyes

Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes

Stop convincing people that bitcoin is better than anything not only gold, I can't afford to buy a single coin ever since price jumped from $1100 to $1800 Sad

I didn't realized then but now I'm not telling anyone about bitcoin any more, because I've realized that I've found a gold mine and what an idiot I was to shout about it every where.
Bitcoin becoming mainstream and with 50K transactions per second in the future as we all know is inevitable but we must take advantage while is in infancy stage.

Btw, is it $2000 which you can take cash out of a country when you travel by airplane or was it $10,000?

Ehh? Is it Lauda's or anyone's fault that you're broke and can't afford a single btc? It is not. It's purely your fault. Even if you hide bitcoin's existence from the people around you and even if you choose to never speak about it again, people will find out about it eventually. Might not from you, because you chose to withhold information. We live in the information age, people will find out everything they want to know about anything.

You should be grateful that you've found the "gold mine" right now. And maybe "mine" some now.

mobnepal

legendary

Activity: 1218

Merit: 1006

Quote from: tonmlike on May 18, 2017, 08:21:31 AM

Personally, I think BTC is better. After all, BTC can be paid quickly and globally, and at the same time, it's safe and convenient.

And on top of that bitcoin supply is limited and demand is growing because it is more convenient to buy. As well as it is easier to hold bitcoin for long term and if we compare return over holding bitcoin and gold for last 5 years, profit from holding bitcoin is way higher than that from gold.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

If you choose to invest in a short time then bitcoin is much more profitable. But if you have a longer time then gold is a much safer investment. It all depends on the condition, because there is no perfect thing in this world.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Quote from: Lauda on May 18, 2017, 05:56:03 AM

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

So Bitcoin is better than Gold? Roll Eyes

Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes

I like that "traits of money" picture, it helps explaining noobs the properties of money against gold and fiat, but there's a mistake on it. Notice how they put "Government issued" as a positive which is ridiculous. The "Low" should be green to indicate a positive trait and the "high" should be red to indicate a negative trait.

Fixed version:

David Horton

newbie

Activity: 96

Merit: 0

Quote from: korkycat on May 18, 2017, 08:20:10 AM

I don't get the statement I keep hearing, that is to say Bitcoin is worth more than an ounce of gold!!!?? - how can that be, I mean what does an ounce of bitcoin look like? no wait....

To answer your question; Gold Price per Ounce $1,235.40 whereas 1BTC $1823,69...I am assuming that you can see the difference now

Topic: So Bitcoin is better than Gold? - page 109. (Read 53458 times)