Topic: So Bitcoin is better than Gold? - page 23. (Read 53458 times)
Actually, both are good. Gold for storage, Bitcoin for growth. I slowly acquire both of them plus a crypto investment portfolio.
So Bitcoin is better than Gold? 
not exactly you could not say it is better because there are pros and cons between it. in the case of bitcoin you could hold it without having a fear of getting robbed unlike that of gold. while gold is internationally based item and used worldwide unlike that of bitcoin which is decentralized.
Long term I'd rather have a basement full of gold. However, your building can burn down/stolen. BTC is certainly short term but it will keep rocketing up, and like golden, it can be squandered or stolen. What happens if it spikes downward?
Actually both of them is really good investment the only advantage of bitcoin with gold is that the price of bitcoin increase way faster than gold and bitcoin can also be used as a payment online and we all know that almost everything is done online now. While gold is for accessories and luxury.
Better at using as much power as nigeria a county with 190million people and better at costing huge amounts to send even the smallest transaction. Personally bitcoin is only something to make money from and once i get that money i won't be keeping it. I'd rather have a fat gold chain a ferrari and my trophy wife anyday than a stack of bitcoins in my wallet.
If that is the way you see it then I'm not going to argue to change your mind just remember that it is easier to make money with something you like but since it seems you hate bitcoin your journey is going to be very difficult and I do not think you are going to get to your goals. 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.
Cash you can do the exact same, faster, easier, more convenient, and lower (much) fee, via cash’s digital delivering method, namely credit card or Mobil pay.
gold is a precious metal that has been used for a long time all over the world, and the bitcoin of cryptocurrency, which not everyone knows all over the world...I think they can't be compared
So Bitcoin is better than Gold?
of course, because it is very profitable and has the bitcoin amount of value is limited, while the gold which can be mine all the time and the amount is not limited to, the selling value of gold is also uncertain. According to my personal with bitcoin can promise life to come be better than now
Yes, even though they have same characteristic that their value increases as the years goes by; still bitcoin is more better than gold.
Bitcoin provides a high yield of interest that will accumulate and give you a high return on income.
Bitcoin provides a high yield of interest that will accumulate and give you a high return on income.
For me, bitcoin is better than gold specially in terms of generating income. And now there are more people investing in bitcoin than Gold.
I believe in this, because gold is a traditional asset so less volatile and less profitable. Bitcoin is a trend to increase prices and bring more profits.
So Bitcoin is better than Gold?
I don't agree with this. I think Gold is much better than Bitcoin, lots of reasons why.
Here are some list:
- Bitcoin doesn't have physical form, unlike gold, in this case, if there is internet disruption or any kind of cyber attack bitcoin got easily affected because it was digital base
- Bitcoin is Anonymous. What if you lost your bitcoin? it is hard to find because it is hard to trace
- Gold is there long time ago people trust gold more than bitcoin
- Bitcoin is volatile and hard to predict some people say bitcoin bubble is going to burst
It depends on the scenario, For person like me that cannot really afford to invest in gold then bitcoins is better because i can work hard to earn this coin unlike in gold that only miners can afford to have it.
Hello! I think this is different things. Two different assets and here is no any advisers! Only you can make a decision
Yes bitcoin is better than gold. In exchanging btc to cash is much more easier to change than gold because if you exchange gold into cash there are so many procedure before you get the cash. Unlike in bitcoin in just very simple steps to be follow
They both have their good and bad sides,bitcoin is not stable as price can blow up this minute and the next minute is down but gold is stable. Bitcoin has a high risk when it comes to saving because hackers are now so focus on it but you can save gold peacefully without fear.
Its all depends .Bitcoin is a good investment in all format. While the gold have less benefits if you invest with it. The price of bitcoin increase rapidly every day while the gold take a lot of time to increase or rather sometime decreases. Bitcoin is to much risky like anyone can makes you fool to scam you while the gold is save and risk free. It is hard to scam anyone with Gold.
Better at using as much power as nigeria a county with 190million people and better at costing huge amounts to send even the smallest transaction. Personally bitcoin is only something to make money from and once i get that money i won't be keeping it. I'd rather have a fat gold chain a ferrari and my trophy wife anyday than a stack of bitcoins in my wallet.
not at all. maybe some bitcoin can very good than gold, but the other gold is good than bitcoin.
they have each advantages and disadvantages.
bitcoin can earn profit in short time, its why much people use for invest and trading.
gold have stable price, so they exchange bitcoin to regular money and invest in gold for long term
they have each advantages and disadvantages.
bitcoin can earn profit in short time, its why much people use for invest and trading.
gold have stable price, so they exchange bitcoin to regular money and invest in gold for long term
You can earn money with gold, but you probably will have to work hard to try to get a decent income, bitkoin has become better as an investment and as a trading tool due to incredible fluctuations
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