Topic: So Bitcoin is better than Gold? - page 27. (Read 53458 times)

For me they are both good in their own ways lets say for instance gold is known by everyone in this world and anyone will accept gold as payment or you can sell it very fast unlike in bitcoin some people don't have idea what is bitcoin and they will never understand its significance unless they will search  it on internet. But in the other hand bitcoin has more value than gold and it can be gained in many ways. So we don't need to compare the two because like us people we are better just the way we are.

Yes..its because bitcoin are to many people help us...

As I think gold and bitcoin both are good investments and eventually bitcoin will become the best investment after solve issues of security and stability.

Bitcoin is the subsequent Berkshire Hathaway reveal

Bitcoin is also way better in its divisibility, you cannot divide an ounce of gold but you can divide a bitcoin in many satoshis, so you can pay anything you want with that bitcoin while it is impossible to buy a cup of coffee with an ounce of gold.

Well 1.000.000$ is a lot. One should never say never of course. I doubt it though that it will reach this level. Some other coin, that is better, faster, more secure and fee-lees will take its place before that. But I do believe we are just at the beginning of the BTC bubble, so it will easy hit 25.000$ by the end of 2018.

It may not be today but in the future if it still continues to grow. But today gold is still better than bitcoin. Once the bitcoin has almost developed then it will be the time when bitcoin surpasses gold. Some people predicts that bitcoin could go $1,000,000 so let us see.

Yes of course, but biycoin is risky because unstable price

Well....

If you have $1 000 000 worth of gold stashed at home, you going to have to make sure you have top-notch security and you have to keep you mouth shut and not allow anyone to know what's stashed at home. Lets say one day you have a plumbing problem or some sorta issue that requires contractors to come to your home. The contractors chat to maybe your Gardner and they find out that you have secret room but he has no idea whats inside... how does the gardner know? Well the contractors who installed the secret room let slip in earshot of the gardner what they were building... so now the plumbing contactors finish the job and go home.. then one of them are at a barbeque with their mates over the weekend...after a few beers he tells his friends about this job they did where this dude is loaded and he has a secret room/safe... with probably a fortune stashed there. His friends tell other friends.. next thing you know some bad elements get wind of this potential loot... and they plan an armed robbery... this places you and your entire family at risk.

Also, if you need to get out of the country fast or needed to leave your home in a hurry (Zombie apocalyse or civil war or freak WW3 or whatever) try lugging $1000 000 of Gold with you... plus even if you get it out.. you will be a constant target where ever you go.

Now, if you have $1 000 000 of BTC with you... lol, no one will even know.. u can travel anywhere you want in the world and your money will fit in your pocket... if you accumulate more BTC no problem fits in the same pocket....

No risk to your family and doesn't make you a target... (of course have a few offline wallets where u store ur main loot and then other ones for transactional purposes.)


Gold, no thanks

Yes, in many ways. At least it is a flexible and irreversible means of payment while gold is not

ofcourse bitcoin is better than gold, but bitcoin is still not legal in other country and still gold is common that cannot be forgotten quickly.

look at the value of bitcoin now, its diamond now.

Yes off course bitcoin is better then gold because bitcoin can give you profit all the time and gold can give you any profit because when you buy gold and then want to sell gold so there will be a deduction in gold and gold price is also not stable so bitcoin is best of the beast in all and I will prefer bitcoin then gold and I will suggest bitcoin.

dont compare bitcoin and gold,they are both better but if you are a smart person,you will never ask this question. Why? We really what is more really better between them,of course gold because bitcoin is just a currency with unpredictable price,it goes pump and dump and we can't say if it will stay in crypto currency world.

its very complex question .because  gold and bitcoin both are very good investments.but first we need to differentiate between bitcoin and gold.first we need to look at bitcoin .in bitcoin we have risk it can give loss and profit at the same time you don,t know.but if you talk about gold it is used from a lot of people from many years.but it is not too risky like bitcoin.......

There are a couple of advantages that make Bitcoin better than gold, at least for the millennial generation, which understands the digital currency better than the baby-boomer generation.Unlike gold, for instance, Bitcoin is a convenient medium of payments around the globe, though for a limited number of transactions.Then, there’s scarcity. Bitcoin supply is expected to be limited to 21 million. The supply of gold, on the other hand, is expected to increase anytime its price rises, as it provides an incentive for gold miners to mine for gold. To be fair, gold has its own advantages, too. It can be used as an outright gift, to make jewelry, and in manufacturing of certain products.That’s why investors shouldn’t rush to substitute the yellow metal for the digital currency in their portfolio.Especially if they don’t quite understand the nature of the digital currency.

bitcoin has the advantage of being used to send / receive big amount of money without difficulty and can be stored as gold. but gold has a history as a long-term store of wealth and have a stable price

Gold can be taken from you.
Bitcoin can not.
Bitcoin can be destroyed if Internet stops (war). Gold will survive.
Use what is called balanced portfolio: gold+bitcoin

Bitcoin is popular currency,it is good asset like gold.gold is just ans asset but,bitcoin useful for send and receive the money.bitcoin can exchange to money.

I think bitcoin is internet gold. Bitcoin is a good investment. Gold is also a good investment. However, the price of bitcoin is relatively volatile. Gold is relatively stable. I am optimistic about the future of bitcoin, I suggest you long-term investment in bitcoin. Of course, you need to understand the risks of investing. good luck.