Topic: So Bitcoin is better than Gold? - page 48. (Read 53458 times)

very few of the people who use gold as a means of buying and selling transactions.
but if in use as a jewelry clearly more visible gold in comparison with bitcoin.
but bitcoin has advantages in almost all sectors,
a small example is,
not everyone can start gold mining independently.
while bitcoin can be mine by personal and does not require permission from any party.
because bitcoin has the advantage of free access and secret (anonymous)

I would say that you literally cannot compare the two. They are similar in every way except one is virtual and the other physical.

I thin'k bitcoiN is better than gold.
why, when If I were faced with choices buy bitcoiN or gold, of course my choice would be on bitcoiN because bitcoiN value is very volatlile and it can give a good cance opportunity if own it. bitcoiN can be good for long or short term invest. and gold for long term invest for a lot of years. 

bitcointalk is very appealing to the human eye and must be taken care of because from here it can make extra money and I will not give up to get results from here.

We cant never compare the bitcoin in the gold or if bitcoin is better than gold. Yeah, its tru that there' are many advantages of bitcoin to the gold. It has a faster transmission of money. But you think that bitcoin can be know by all people ? Then that's the disadvantage of bittcoin maybe now the value of bitcoin is very expensive because its not recognizable but its soon to be know by all people we know that the value of bitcoin will falling down. The gols is almost thousand years that people being used to all. To exchange trading to buy things ans to make transaction. And most of it even though its being an recognizable its value is not change unlike the bitcoin the bitcoin is fluctuating so i say that the bitcoin is not better than gold.

In many ways Bitcoin is superior to gold. You might think confirmation times are slow for Bitcoin but try transferring some physical gold across the planet

Gold is valuable i am agreeing that .But only few countries are considering gold as more valuable.Most of the countries are giving more value for crypto currencies,so it indicates that bitcoin is better than gold. And in future bitcoin will be more preferable than gold by the people around the world.

thanks lauda for the information chart thats the proof bitcoin are in the highest level among us the proof you are sharing no doubt bitcoin are very strong and good investment to future as potential cryptocurrency.

Gold is a physical commodity which is to be mined, has major industrial applications so it will always have a value. thats why its better.

Bitcoin is a code only and have value till acceptance and not wholly legal in world, it can fade away with laws, better crypto currency, and with no physical industrial applications .

common man is not gonna use it widely, any mugger can theft your pc, phone and get them if not password protected, manipulation is possible yes. So i thnk gold is better than bitcoin.

Honestly I don't agree with that. Because gold and bitcoin are structurally different. GOld has many other use apart from investing. You can make an ornament out of it but with bitcoin there is no such option. Also Gold price is somewhat stable which makes it an excellent asset for capital protection. Whereas bitcoin price is very dynamic and not suitable for faint hearted investors. So my view is that, bitcoin and gold are good investment options for different set of investors.

Bitcoin cannot be compare to gold in any way . Inventing of bitcoin is the most significant thing that have ever happen to the global financial system. An individual cannot sell gold to someone in another country or continent and the transaction will be successful instantly. Bitcoin has come to unite the whole universe.

We can summarize that Bitcoin has gold-like characteristics as follows:

  1 The supply is limited, where there will be only 21 million Bitcoins spread across the globe;
  2  Not created by the Central Bank / government, but by an unidentified party;
  3  Not manufactured or controlled by an individual, group or company;
  4  Impossible to duplicate or counterfeit;
  5  Durable and not easily destroyed;
  6  Obtained by mined, but using a mining program and a mathematical algorithm;
  7  Can be transacted worldwide;
  8  The transaction is irreversible, meaning that once Bitcoin is given to someone else's hand, the transaction can not be canceled unless the person is
  9  willing to send the Bitcoin back;
  10 Can be exchanged and traded with various currencies in the world

Yes Bitcoin is all time better then gold. Sometime is low but most of the time high.

In terms of value appreciation bitcoin is better than gold because up to this moment bitcoin continue to appreciate the only thing gold is ahead of bitcoin is that it has been in the market for a long period of time, it is tested and somehow trusted by many people but maybe after few more years bitcoin can overtake the history made by gold.

The only thing that keeps high gold prices now is popularity and tax breaks in most countries for exchange. It is considered a commodity

To my view point ,at present I say that now bitcoin is better than gold the reason behind it is that  has a limitation of only twenty one million of bitcoin supply but in the case of gold this is not, gold is dug from the ground and processed and  have no limitations.But even when there is more demand in bitcoin it is scarce in supply.To my concept according to the previous month the value of bitcoin has tripled and even though it is fluctuating in value again it will reach to a hike latter.

Gold < Bitcoin Gold (BTG) < Bitcoin (BTC)

I hope I’ve seen it much earlier so that I can used it to those who questioning bitcoin even my friends.. I agreed much of it and to add some sort of idea to my mind that this table/chart shows everything I’ve been thinking of..
The image that appear should be spread and most bitcoin users must know to explained it the easy way to others..

Thanks Lauda.. Saved and copied..

Stop convincing people that bitcoin is better than anything not only gold, I can't afford to buy a single coin ever since price jumped from $1100 to $1800 Sad I didn't realized then but now I'm not telling anyone about bitcoin any more, because I've realized that I've found a gold mine and what an idiot I was to shout about it every where.
Bitcoin becoming mainstream and with 50K transactions per second in the future as we all know is inevitable but we must take advantage while is in infancy stage.

Simply ask yourself as time goes, which is more useful and efficient and storing VALUE (worth more over time)?

Gold is an asset that can have its price manipulated by the traditional central-bank system.

Currently Bitcoin is for the most part free of that level of manipulation. And every 5 years, Bitcoin price is higher and will always be higher.

Though it is only <1% adopted by the world population...
Bitcoin has freed, continuing to free, and tomorrow will still free many people globally from the centrally controlled debt-based fiat system that confiscates your wealth with inflation and tax. Bitcoin is a TRUE savings vehicle. Buying Real Estate, Hospital healthcare, Global traveling, College Education gets cheaper as you hold Bitcoin.

And it has become clear that...
Bitcoin CANNOT be controlled.

Bitcoin cannot be made legal. Governments may still attempt to do so.

Bitcoin cannot be made illegal. Governments may still attempt to do so.

Central banks already control and manipulate Stocks, Real Estate, Gold, Interest Rates.

Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter.

On the opposite end of the spectrum the global fiat (US Dollars, Indian Rupees, Chinese Yuan, etc) bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.

Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalksearch.org/topic/which-country-are-you-from-here-list-thirty-popular-bitcoin-countries-for-trade-1853019

CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping

https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/