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Topic: So Bitcoin is better than Gold? - page 43. (Read 53458 times)

jr. member
Activity: 59
Merit: 10
October 23, 2017, 09:32:20 AM
Of course, it is better than gold, when the value of gold always stand still bitcoin will continue to fluctuate.
member
Activity: 65
Merit: 10
October 23, 2017, 09:21:44 AM
For me, I could say that both has its own advantages and disadvantages. Bitcoin is better than gold because it has a higher value now and you can use it on any transactions and payment online. In addition to that, as of now the price of bitcoin and gold are the same and both of them has its own advantages in terms of use.
full member
Activity: 434
Merit: 105
October 23, 2017, 09:19:33 AM
Bitcoin is better than gold in terms of investment because bitcoin is a currency that has good potential to enlarge your money and to help you  to became riche ,it is securing your future and it will give you a great profits as long as bitcoin will still exist. While the price of the gold is increasing but not so much the price of the bitcoin. But in reality gold is still remain more stable though than bitcoin.
jr. member
Activity: 52
Merit: 10
October 23, 2017, 09:05:09 AM
Do you think that Bitcoin has had an impact on the price of Gold recently? Gold keeps on dropping in value whilst Bitcoin keeps on rising.
newbie
Activity: 14
Merit: 0
October 23, 2017, 08:58:49 AM
BTC is the best one at the moment. Generally when you have to transfer large amounts of money. BTC is the most popular.
hero member
Activity: 840
Merit: 520
October 22, 2017, 08:08:15 AM
So Bitcoin is better than Gold? Roll Eyes
No. I don’t think that bitcoin is better than gold because firstly, gold is way more that popular than bitcoin because of which it is in more use than bitcoin. Secondly, gold is a precious metal and has a physical entity whereas bitcoin is just a digital currency. Thirdly gold is stable form of currency. Whereas bitcoin is not a stable form of currency. Then gold is regulated by the government which increases its stability whereas bitcoin is not regulated by any government.
hero member
Activity: 574
Merit: 503
October 22, 2017, 07:54:39 AM
Still confused in determining which one is better between bitcoin and gold, I think both have their respective advantages and disadvantages. Bitcoin is a kind of virtual currency, the advantage for now is probably because bitcoin is now quite expensive, but unfortunately bitcoin has not been recognized everywhere. Gold, maybe the price is not as expensive as Bitcoin, but we can use it everywhere and that is one of the more points that gold has.
newbie
Activity: 56
Merit: 0
October 22, 2017, 07:42:30 AM
Bitcoins and gold have deficiency, universality, increasing in value during inflation and crisis, functioning outside the banking system, nevertheless, bitcoin is an improved form of gold why? because bitcoin exclude the possibility of forgery, you dont need transporate bitcoins, u can use bitcoins paying for goods and services,  nobody cant confiscate your bitcoins and its very convenient and safe.
hero member
Activity: 1624
Merit: 500
October 21, 2017, 11:20:11 AM
Better than gold in business point of view because if you are going to trade bitcoin you will get a better profit than gold. However gold is safe and risk free than bitcoins, bitcoins involve some risk but can generate a good profit as well.


I agree with you, but compared to the same risk as holding bitcoin or gold, depending on how we keep both items.
newbie
Activity: 56
Merit: 0
October 21, 2017, 11:15:48 AM
Bitcoin is better than Gold, price variation is too much high and too much low , but bitcoin due to its caption at a certain level , does not know low value only high and higher high , present variation is only due to unawareness of people around the world, much of bitcoin is said by its price chart as is the case of gold there have never been seen deep spike in the rate of bitcoin though high can be ,   so no doubt bitcoin is far better than Gold.
member
Activity: 308
Merit: 10
October 21, 2017, 11:03:49 AM
So Bitcoin is better than Gold? Roll Eyes
Its value is higher than gold but I think if it talks about gold futures it is more stable than bitcoin. You can not be sure that bitcoin can exist in the next few years, but gold can still exist.

People cannot earn gold literally because it was very hard to get and its not possible for everyone. Bitcoin is a lot easier and the only requirement that you have is a device that can connect to the internet. Maybe in the future, gold will lost its value and bitcoin will dominate the entire world since crypto currency is easier and too main stream.
yes, we can earn bitcoin very easier than gold because gold is not a currency and not afford anyone to use, but bitcoin is one of the way to use for anyone so my thoughts as a currency is bitcoin much better than gold . 
full member
Activity: 378
Merit: 100
October 21, 2017, 09:57:25 AM
So Bitcoin is better than Gold? Roll Eyes
Its value is higher than gold but I think if it talks about gold futures it is more stable than bitcoin. You can not be sure that bitcoin can exist in the next few years, but gold can still exist.

People cannot earn gold literally because it was very hard to get and its not possible for everyone. Bitcoin is a lot easier and the only requirement that you have is a device that can connect to the internet. Maybe in the future, gold will lost its value and bitcoin will dominate the entire world since crypto currency is easier and too main stream.
hero member
Activity: 1526
Merit: 501
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October 21, 2017, 09:05:01 AM
So Bitcoin is better than Gold? Roll Eyes
Although bitcoin’s price has defeated that of gold. But still I don’t think that bitcoin is better than gold because firstly, gold is a precious metal and its value keeps on increasing with time. Then it has a physical identity. Gold is a stable form of currency therefore its value does not fluctuate often. Gold is regulated by government which increases its stability and pretexts it from falling. Lastly gold is much more popular and in usage than that of bitcoin and its demand is increasing day by day.
Well, if we talk about profit, bitcoin would certainly be better than gold but if we talk about stability and long-term, gold will be better than bitcoin, in summary, gold and bitcoin have different advantages and disadvantages, so we can not compare and say which is better. Personally, I like bitcoin, simply because the chance to get rich from bitcoin is great, the purpose of investing is to make money, choose Bitcoin is a very reasonable thing, it's newer, more potential. Talking about gold, gold was old, the opportunity for us to earn money from it is very little, it does not fit the purpose of the investment
full member
Activity: 363
Merit: 100
October 21, 2017, 08:43:42 AM
i think it's depend on the value of gold nowadays and the value of bitcoin. we can say it's better because we can easily earn bitcoin unlike gold in our country so hard to get. but in terms of the value we can't say what is better unless we can see what is easy to earn if bitcoin or gold.
full member
Activity: 434
Merit: 100
October 21, 2017, 08:31:34 AM
There are two aspects to this question. On the one hand, gold is reliable and tested for centuries. On the other hand, the cost of bitcoin grows much faster than gold, and hence the chance to get rich much faster. This is just your choice, what to invest in, the more you can invest in bitcoin and gold (if you allow a number of your funds).
full member
Activity: 812
Merit: 187
October 21, 2017, 08:12:11 AM
For now, yes. Bitcoin prices is always go up until reach the new high level although there are still volatility in it. So bitcoin become very good investment that can give profit for the owner better than gold.  But gold is also good because it is one of safe haven.
full member
Activity: 154
Merit: 100
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October 21, 2017, 08:08:39 AM
Gold is a excellent expenditure for individuals who dwell in circumstances of war. Only investments that can be called with great difficulty. Most probably in such situations you will market the gold at very lower rates to get foods. Investing in gold is a relic of the past. With the arrival of bitcoin gold turns to dust.

Gold will never turn into dust. Bitcoin may be better in something than gold, but it will never replace gold. Bitcoin is still little known. And everyone knows gold. Some investors will never replace gold with bitcoin
newbie
Activity: 8
Merit: 0
October 21, 2017, 08:00:06 AM
Bitcoin can yield you better returns than Gold. Gold might be good for long term, but for short term bit coin is the best. However, if the uncertainties regarding bitcoin clear, it can be good for long term also.

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newbie
Activity: 45
Merit: 0
October 21, 2017, 06:05:54 AM
Gold is a excellent expenditure for individuals who dwell in circumstances of war. Only investments that can be called with great difficulty. Most probably in such situations you will market the gold at very lower rates to get foods. Investing in gold is a relic of the past. With the arrival of bitcoin gold turns to dust.
member
Activity: 120
Merit: 10
October 21, 2017, 05:19:34 AM
Yes bitcoin better than gold, I will choose put my investment into bitcoin than gold. Bitcoin is profitable than gold, bitcoin always increase the price from time to time. But gold price more stable than bitcoin, bitcoin price unpredictable and fluctuating so I choose to hold the bitcoin to long term investment. Bitcoin so far so good than gold.
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