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Topic: So Bitcoin is better than Gold? - page 15. (Read 53458 times)

hero member
Activity: 2520
Merit: 783
February 05, 2018, 11:33:42 AM
Bitcoin is better than gold and that is 100% true because bitcoin has blockchain that we can use in order to make more ideas that will help us but gold doesn't have any technology which is a bad thing for us to consider because what is the purpose of gold if there is no technology or any important thing in gold aside from finite supply.
sr. member
Activity: 402
Merit: 250
February 05, 2018, 10:21:53 AM
it all depends on your perspective. maybe bitcoin is not perfect but the benefits provided by bitcoin far outweigh the gold if we invest long-term. and essentially we need to be patient.
hero member
Activity: 812
Merit: 501
February 05, 2018, 10:18:21 AM
It is not better than gold at this point but soon it will be. People need to be secure when it comes to their incomes so bitcoin has to work on that
jr. member
Activity: 52
Merit: 2
February 05, 2018, 10:09:37 AM
So Bitcoin is better than Gold? Roll Eyes

Both have their own advantages and disadvantages. People kill each other for gold in my country and I am sure they have not even heard about Bitcoins.
member
Activity: 308
Merit: 10
February 05, 2018, 09:16:21 AM
It is not better now but it will be. Gold is stable right now and bitcoin is not. Soon we will have good price for bitcoin and it could become better than gold
newbie
Activity: 84
Merit: 0
February 05, 2018, 09:15:27 AM
So Bitcoin is better than Gold? Roll Eyes
no.bitcoin will never replace gold .
jr. member
Activity: 364
Merit: 6
February 01, 2018, 09:14:48 AM
So Bitcoin is better than Gold? Roll Eyes

As for my personal opinion, I think that gold is still better than bitcoin. If we are not talking about the value. Gold is a natural resource that gets scarcer and scarcer every time it is pulled out or mined. That also gets its value higher. Also, gold has a lot of uses and it is tangible - which is a big advantage over bitcoin. Which means that you can create accessories and items from gold. But aside from that, bitcoin surpasses gold in other aspects. But if you let me choose on which side I am, I will go with gold. Smiley
newbie
Activity: 103
Merit: 0
January 27, 2018, 06:34:03 AM
Bitcoin is a very helpful cryptocurrency that help me on many different aspects. It is my source of income now that I am having troubles with getting a stable job. It surely is a big asset to be used on daily basis but I don’t think it is better than gold because gold has a high level in the world of exchange.
full member
Activity: 378
Merit: 100
January 25, 2018, 02:52:02 PM
Yes, bitcoin has a more securities than gold. BItcoin increases the value more than the value of gold so you can earn more profit with bitcoin instead of buying gold.
newbie
Activity: 48
Merit: 0
January 24, 2018, 04:46:15 PM
Each one has different prices but when comparisons with the prices Bitcoin is more valuable than Gold. Those who still don't about Bitcoin will still, believe in Gold only because Gold is a physical quantity which we can feel it. But Bitcoin is Internet currency which we cannot able to touch it.
newbie
Activity: 20
Merit: 0
January 24, 2018, 04:42:14 PM
Bitcoin is better than Gold in many ways, but seriously why gold is always compared with Bitcoin, I mean Gold is far more justified to be costly, but yes if you want to send money abroad you can't send chunks of Gold to pay, or the government and central bank will keep eyeing you and surely disallow you to do it. Bitcoin is great for saving big and sending huge amount of money
full member
Activity: 197
Merit: 100
January 24, 2018, 04:20:55 PM
At the moment, yes. Bitcoin is still in its infancy, like a gold rush. There is a ton more room for growth for Bitcoin. Your Bitcoin investment has much more chances of increasing by a huge amount, I think.
hero member
Activity: 1274
Merit: 519
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January 24, 2018, 03:57:12 PM
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?

I agree. Although bitcoin definitely holds the higher price point amongst the two, but in terms of value, gold still has that title and advantage over bitcoin. The main difference here is the reliability and the volatility aspect. I have said in past posts that the volatility feature of cryptocurrencies are double-edged swords, it may do good, but at the same time, it may also do bad. Unlike gold, it has stabilized and has been accepted in such a way that people are comfortable with it as an asset. It can be sold for good value, and its value has always been high and is commonly not affected by outside market trends anymore. One indication that gold has reached that valuable state is that even if the amount of gold circulating in the market increases, its price doesn't actually change much.
full member
Activity: 476
Merit: 102
January 24, 2018, 03:23:23 PM
Though Gold is a precious metal but Bitcoin is better than gold..Bitcoin price is 10-15 times more than gold...so if you invest in bitcoin, you can get more more amount in your balance...but Gold doesn't have such type of quality..
jr. member
Activity: 140
Merit: 5
January 24, 2018, 03:21:11 PM
btc is very versatile! makes it better than gold!
member
Activity: 308
Merit: 10
January 24, 2018, 03:20:40 PM
Bitcoin is a little bit unstable at this point. Gold is more stable so this means it is safer. But I keep my decision and I would say that bitcoin is better because it is the future. You will have more money if you invest in bitcoin rather than gold
newbie
Activity: 294
Merit: 0
January 24, 2018, 03:17:45 PM
So Bitcoin is better than Gold? Roll Eyes


Obviously bitcoin has a lot of different properties than gold, and this is way better than gold. Or at least it's similar to gold in terms of value. Maybe someday in the near future, many people will be happy to get a few BTC to store their family's wealth.
sr. member
Activity: 602
Merit: 265
January 24, 2018, 02:13:20 PM
It really depends on how much value we place on each entity. Gold has been a reliable standard for ages now, Bitcoin is "relatively new" so lets see what happens. However, here is a link from The Business Insider on this comparison: https://twitter.com/businessinsider/status/923287320085766144?lang=en
sr. member
Activity: 615
Merit: 258
January 24, 2018, 02:05:00 PM
absolutely yes! Bitcoin is better than gold because bitcoin is easy to use and easy to get out mine rather than gold and it is more expensive now than gold.
Bitcoin price increases faster each day and many users add their investments to it that's why many people prefer to have a bitcoin rather than to have a gold because in them for now bitcoin is much precious than gold.
sr. member
Activity: 751
Merit: 253
January 23, 2018, 03:07:52 AM
So Bitcoin is better than Gold? Roll Eyes

For me yes, Bitcoin is better than Gold, although the price of bitcoin is not stable, it's goes up and down but after many years BTC will become very expensive and more money you can earn. It is fast also to invest money unlike gold that you need many plans for investment. Moreover when I join here in Bitcoin world there is no payment it's free, and I'm earning money through here. In gold you need more money first before you earn money it's too much costly.
Noble metals may be the first and last commodity that has become universally accepted as a means of exchange, but it has been a slow process that has taken centuries, if not millennia. The use of cryptocurrency exploded in just a few short years.
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