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Topic: So Bitcoin is better than Gold? - page 4. (Read 53395 times)

sr. member
Activity: 630
Merit: 251
March 05, 2018, 08:22:07 PM
So Bitcoin is better than Gold? Roll Eyes
I do not know why you people always compare gold and bitcoin. Those two are very different on many sides and cannot be compared respectively in terms of its value. The reason why the value of bitcoin always increases is because it has become more and more popular to the world but that is only temporary. Gold, on the other hand, is the creation of excess money in the economic state of a country. Its value truly depends on the price of their currency and their access to gold.
member
Activity: 336
Merit: 10
March 05, 2018, 07:30:00 PM
Yes, better bitcoin than gold, because if we have gold in our homes will be confusion, for fear of missing or fear of being stolen. And if we have bitcoin, people will not know, because bitcoin we store in account bitcoin itself. So if we need our money just exchange it in the currency of our own country that will enter the bank account. so it will minimize theft and crime.

You are right somehow cryptocurrency will be very easy to use and keep and we will only need to cash out some of our coins if we really need to use some physical cash to buy goods or products while gold is very hard to keep and we cannot exchange it for fiat so easily.
member
Activity: 199
Merit: 10
March 05, 2018, 07:26:44 PM
So Bitcoin is better than Gold? Roll Eyes

Bitcoin is better than gold, in my opinion. Although gold is just right there and you can carry it physically, it has its disadvantages. You may misplace your gold, it can also be stolen. And bitcoin is better when it comes to price. You may not be around but you'll be at ease that your bitcoin is safe.
member
Activity: 308
Merit: 10
March 05, 2018, 07:03:47 PM
Yes, better bitcoin than gold, because if we have gold in our homes will be confusion, for fear of missing or fear of being stolen. And if we have bitcoin, people will not know, because bitcoin we store in account bitcoin itself. So if we need our money just exchange it in the currency of our own country that will enter the bank account. so it will minimize theft and crime.

In my own opinion, bitcoin will be always better more than gold because there are a lot of investors on cryptocurrency so probably, there is no way for gold to surpass the value of bitcoins in the future since the market is volatile and cryptocurrency today is very profitable.
jr. member
Activity: 82
Merit: 3
March 05, 2018, 10:35:41 AM
For me is both the same, gold is also nice to invest because this is not disappear in world gold is more stable. But if you want to earn profits fast then bitcoins is way better, bitcoin is similar but we just do not know how long the bitcoin will last.
newbie
Activity: 28
Merit: 0
March 05, 2018, 03:19:48 AM
Indeed I concur, bitcoin is superior to gold in light of the fact that bitcoin is more trusted than gold. Bitcoin have an esteem, and bitcoin is more well known than gold to contribute to the general population and financial specialists. Bitcoin have a future, bitcoin has numerous focal points and numerous advantages. Bitcoin is a most natural and its fame than gold. Bitcoin is great in venture and exchanging, it is conceivable that your cash twofold and procure benefit. Bitcoin is popular and a great many people need put resources into dislike in gold. Bitcoin turn into a world money and its simple to utilize and simple to acquire. Bitcoin is superior to gold due to its beneficial than gold.
newbie
Activity: 28
Merit: 0
March 05, 2018, 03:16:24 AM
Indeed, bitcoin is superior to gold particularly today its more famous than gold to the financial specialists and individuals, since this is a major things for us and to what's to come. Bitcoin gives benefit and great in venture. Bitcoin superior to gold since you can procure pain free income, and the cost of bitcoin is proceed to rise and end up stable. Still bitcoin has numerous favorable circumstances and utilizations than gold and bitcoin is better in long haul speculation.
full member
Activity: 854
Merit: 140
March 05, 2018, 02:44:29 AM
So Bitcoin is better than Gold? Roll Eyes
I think both Bitcoin and gold have their own advantages and disadvantages. Bitcoin is one of the world's fastest growing investments and has huge upside potential but it is very unstable and volatile. Gold on the other hand, is the world's most popular and most stable investment. Everyone wants to invest in gold but ten rate of growth of gold is very less. For better returns and less risk, diversify your investment between Bitcoin and gold as your portfolio will be stable as well as will have a higher rate of growth.

i think that wont be fair to bitcoin if you give equal share of on the advantages or on the perspective of long term investment. i agree gold have more stable rate in terms of maintaining the value by times. but we are living in the era of 2018 where golds growth are so low that it finds struggle to fight the inflation rate of ones local currencies by following the rule of thumb " a dollar today is not worth of the dollar tomorrow". along with that people are not investing in golds to make profit , i am telling about the common buyers. there are lots of fact like people in asia or middle east wear it as jewelry or for traditional or as habit or passion.
but if you thinking on the investment then btc is having a lot of advantages over gold as the form of ROE.
Gold was used for save heaven investment in the meaning of converting a wealth from paper money into gold means that to preserve your wealth because gold was mean to fight inflation and not for finding high profits. If you're comparing gold with crypto or stocks based on gains then surely gold will lose because gold didn't have the exact capability to gain high achievement like that since gold price was mean to be stable as currency because printing money was backed by gold assets.
newbie
Activity: 28
Merit: 0
March 05, 2018, 02:42:28 AM
Bitcoin is superior to anything gold with regards to holding your cash within reach. What I mean is that gold is only useful for venture since its esteem turns out to be high as time passes by however in the event that you require cash as quickly as time permits, bitcoin is much helpful than gold.
hero member
Activity: 1358
Merit: 538
paper money is going away
March 05, 2018, 02:37:13 AM
gold can be stolen, gold can be held,
bitcoin can be stolen, bitcoin can not be held
for a layman who can not tell which one is fake gold and which is pure gold, is better suited for holding bitcoin only, because bitcoin can not be falsified
for large investors, the majority prefer gold from bitcoin, because of risk considerations
newbie
Activity: 238
Merit: 0
March 05, 2018, 02:29:03 AM
I think Bitcoin is better than Gold.
member
Activity: 64
Merit: 10
March 05, 2018, 01:52:55 AM
There are a lot of reasons why many view gold as something which is better than BTC, one of which is a retrospective-sentiment attached to gold itself. It had been used and already had value during the age of pirates and an earlier age to that, thus it already has a long history in the human civilization, wherein the population already has a general consensus that is has value.
member
Activity: 79
Merit: 10
March 05, 2018, 01:49:22 AM
Bitcoin is better than gold if you're looking for fast profit and quick holding for a short-term. Gold is absolutely for long-term people like over 10 years.
full member
Activity: 336
Merit: 121
March 05, 2018, 01:25:33 AM
Bitcoin can possibly grow up to 40 times its present esteem, as per cryptographic money extremely rich person Cameron Winklevoss, who portrayed the main advanced cash as "superior to gold".

"Taking bitcoin in seclusion… we accept bitcoin upsets gold. We believe it's a superior gold, on the off chance that you take a gander at the properties of cash. Furthermore, what makes gold? Shortage. Bitcoin is really settled in supply so it's superior to rare…
newbie
Activity: 26
Merit: 0
March 05, 2018, 12:53:05 AM
Individuals simply love to look at things... The main connection amongst gold and bitcoin is them being esteemed in USD, However bitcoin, as opposed to a product that must be sold to be utilized, is a cash usable for purchasing things on the web and disconnected. In spite of the fact that individuals do hold bitcoins going for value rise, regardless I consider them to be on a very basic level distinctive things.
jr. member
Activity: 32
Merit: 2
March 04, 2018, 08:28:19 PM
The issue with Bitcoin is that it is an advanced resource. Such resources have restricted life expectancy, as new and better choices rise with time. Take a gander at the end result for the TVs. In the first place, we were utilizing CRT TVs. They were supplanted with LCD and Plasma TVs. These were thusly supplanted with Driven TVs. Later on, these Drove TVs will be supplanted by something different. Something comparable will occur with the digital money too.
newbie
Activity: 26
Merit: 0
March 04, 2018, 08:27:01 PM
Yes, better bitcoin than gold, because if we have gold in our homes will be confusion, for fear of missing or fear of being stolen. And if we have bitcoin, people will not know, because bitcoin we store in account bitcoin itself. So if we need our money just exchange it in the currency of our own country that will enter the bank account. so it will minimize theft and crime.
newbie
Activity: 56
Merit: 0
March 04, 2018, 08:22:03 PM
gold and baitcoin have the same advantages and disadvantages, so you must be smart save and start it because all have their own weaknesses. if I prefer the two two because bitcoin has penetrated as the national currency and gold continues to exist until now because gold is so precious from ancient times.

The advantage to Gold is Governments use it as a currency backing. Look at countries like Lebanon where 1$usd = 1500 Lebanese pounds. Its been that way for decades because it is backed by Gold. However, unlike Gold, Bitcoin has a huge upside due to the fact that I believe it is extremely undervalued at the present time.
newbie
Activity: 28
Merit: 0
March 04, 2018, 08:12:54 PM
Bitcoin is more gainful than gold at the present computerized world. Presently a days bitcoin exchanging give you a superior benefit than gold. In any case, bitcoin business isn't sans chance like gold. We can just figure about bitcoin future yet we can't certain about bitcoin's future market. Gold market dependably circled the world. A considerable lot of the nations of the world did not bolster bitcoin yet but rather gold is upheld by each nation. There isn't a solitary nation on the planet who isn't include with gold. We can state that bitcoin can give you a brief timeframe productive business where gold give you a long-term beneficial business. Over all bitcoin is the best to trade in the computerized world's exchange showcase. Bitcoin is computerized coin it is ideal for advanced world and Gold is regent for both of disconnected and online market.
newbie
Activity: 28
Merit: 0
March 04, 2018, 08:10:57 PM
Bitcoin is unquestionably superior to gold. I had before perused an article some place where they say that on the off chance that you had put 10grand in bitcoin and gold at the same time in 2010, the btc venture would be worth $200m today while your gold speculation would remain at $9900. It's in this manner an easy decision as to which resource is more significant.
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