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Topic: So Bitcoin is better than Gold? - page 29. (Read 53458 times)

member
Activity: 308
Merit: 10
November 20, 2017, 09:32:24 PM
Obviously gold has higher value rather than bitcoins but it happens that gold cannot be earned by everyone while bitcoin has the possibility for everyone to gain by working on ico's and promoting their platform.
member
Activity: 378
Merit: 11
November 20, 2017, 09:26:48 PM
Yes, bitcoin has more financial value the moment, but gold has value, standard and is a sure asset, unlike bitcoin.
member
Activity: 257
Merit: 10
November 20, 2017, 09:24:00 PM
yes some of say that but for me gold cause i dont earn bitcoin
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
November 20, 2017, 09:15:32 PM
Bitcoin is better in some aspects against gold.

1. Not hard to store as gold.
2. Easy to exchange.

It is expected that bitcoin should replace gold as storage of value in the long run.

Both these points are not true. You are not differentiating between physical gold and paper gold (gold ETFs). I agree that it is difficult to store and trade physical gold. But no such issues exist with paper gold. ETFs can be stored digitally in your online demat account and they can be traded in most of the stock exchanges. So in a way, they are similar to Bitcoins.
member
Activity: 322
Merit: 10
November 20, 2017, 09:07:52 PM
I think bitcoin is better than gold. Because bitcoin is my way of getting rich in the future. of course you also need gold so you can buy what you want to buy. like home.car.lot and what else..pero for that bitcoin is more solid than gold..d I am rich in bitcoin .. so to bitcoin the best way to grow in the future
full member
Activity: 196
Merit: 100
November 20, 2017, 12:00:55 PM
Bitcoin is better in some aspects against gold.

1. Not hard to store as gold.
2. Easy to exchange.

It is expected that bitcoin should replace gold as storage of value in the long run.
legendary
Activity: 1428
Merit: 1000
November 20, 2017, 11:57:07 AM
Gold is a form of traditional investment, still popular and still many people choose. Bitcoin is a new type of investment that can carry the risk of loss but it is also profitable because of its high value.
Gold and bitcoin came from different generation. The two of it contain different characteristics, benefits and value. As of the moment, the value of bitcoin is greater than gold. Also bitcoin is easier to access than gold and I think this one of the reason why bitcoin is better than gold as of now. On the contrary, its value is not stable so it's concerning.
Gold is an old asset, and the value of the gold is low, but the gold investors are high across the world. Bitcoin is entered just 9 years back, and this year only it became famous and attracted more investors because of the high price fluctuation. For trading bitcoin is good but to keep your money in safe place gold is better.
jr. member
Activity: 56
Merit: 10
November 20, 2017, 11:48:45 AM
Completely different options, both with valued benefits. Gold is way less volatile, but both limited in stock!
Bitcoin is finite so is the gold. Why I vote bitcoins against gold is the rate at which its price fluctuates. The price tends to increase more than decrease. It excites me and keeps me in the business. Also, gold is not decentralized nor his owners are anonymous.
P60
full member
Activity: 378
Merit: 100
Decentralized Digital Billboards
November 20, 2017, 11:47:13 AM
Gold is a form of traditional investment, still popular and still many people choose. Bitcoin is a new type of investment that can carry the risk of loss but it is also profitable because of its high value.
Gold and bitcoin came from different generation. The two of it contain different characteristics, benefits and value. As of the moment, the value of bitcoin is greater than gold. Also bitcoin is easier to access than gold and I think this one of the reason why bitcoin is better than gold as of now. On the contrary, its value is not stable so it's concerning.
member
Activity: 924
Merit: 18
November 20, 2017, 11:09:47 AM
BTC has a faith users and gold han't
member
Activity: 64
Merit: 100
November 19, 2017, 01:27:10 PM
Yes, obviously bitcoin gives us returns much more than gold. Also bitcoin is decentralised, publicly and easily available and secure.
member
Activity: 163
Merit: 10
November 19, 2017, 04:20:55 AM
I prefer bitcoin to gold because I think bitcoin transactions are easier and can be anytime and anywhere while gold is not ,so I think bitcoin is better than gold
member
Activity: 178
Merit: 10
November 19, 2017, 04:01:19 AM
Bitcoin and gold have many similarities. Bitcoin is scarce, and gold is scarce. Bitcoin can be used for trading, gold can also be used for trading. Bitcoin can be invested and gold can also be invested. But Bitcoin is more convenient than gold. Bitcoin is anonymous, and Bitcoin is traded faster. Smiley
hero member
Activity: 770
Merit: 500
November 19, 2017, 03:24:59 AM
I can say that Bitcoin is better than Gold, specially today. Recently, bitcoin price increases unexpectedly. It is really costly than Gold. Well, bitcoin is easier to be accessed than Gold. I'm really surprised by the value of bitcoin.

You can't claim that Bitcoin is more costly than gold. The total market capitalization of gold is around $7 trillion, while that of Bitcoin is only around $125 billion. What you are doing is you are comparing the price of 1 Bitcoin with the price of 1 ounce of gold. This is a wrong approach, because the units are not the same. 1 oz. is not equivalent to one coin.
In my opinion, Bitcoin is easy to use and it will bring high profit to you faster than gold. 2 years ago, Bitcoin was really invaluable. Now, the price of Bitcoin has come to 4000$. Not any signal say that Bitcoin will stop. It will continuously raise higher. Yes, I think Bitcoin is better than Gold for sure.
newbie
Activity: 49
Merit: 0
November 19, 2017, 02:45:00 AM
Completely different options, both with valued benefits. Gold is way less volatile, but both limited in stock!
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
November 19, 2017, 02:11:55 AM
I can say that Bitcoin is better than Gold, specially today. Recently, bitcoin price increases unexpectedly. It is really costly than Gold. Well, bitcoin is easier to be accessed than Gold. I'm really surprised by the value of bitcoin.

You can't claim that Bitcoin is more costly than gold. The total market capitalization of gold is around $7 trillion, while that of Bitcoin is only around $125 billion. What you are doing is you are comparing the price of 1 Bitcoin with the price of 1 ounce of gold. This is a wrong approach, because the units are not the same. 1 oz. is not equivalent to one coin.
full member
Activity: 196
Merit: 102
November 19, 2017, 02:02:10 AM
So Bitcoin is better than Gold? Roll Eyes
I think between gold and bitcoin there is nothing that each other outperforms, because the second world is different. we sell bitcoins to buy gold, and vice versa. but the difference between gold is not created through the internet as it is bitcoin
newbie
Activity: 56
Merit: 0
November 19, 2017, 01:53:01 AM
Lol. This is quite argumentative
legendary
Activity: 867
Merit: 1000
November 19, 2017, 12:39:14 AM
Gold is not good investment in the long term now
low profit and need long time to wait it. Bitcoin is good investment fast profit and high profit.
newbie
Activity: 96
Merit: 0
November 19, 2017, 12:32:59 AM
I can say that Bitcoin is better than Gold, specially today. Recently, bitcoin price increases unexpectedly. It is really costly than Gold. Well, bitcoin is easier to be accessed than Gold. I'm really surprised by the value of bitcoin.
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