Topic: So Bitcoin is better than Gold? - page 56. (Read 53458 times)
I believe that gold is more reliable than Bitcoin, however diamonds are even more reliable than gold
I choose bitcoin,
I think gold is a woman's jewelry: P and good for women investing for gold.
but I prefer bitcoin in any way.
You can keep the gold in the safe. Will always be in the price. How confident are you in bitcoin?
I bet it is. Noone can easily buy gold, not many of us here could probably afford to buy gold. But everyone of us here has bitcoins, may not be a whole lot, even a fraction of, but we can certainly own it unlike gold.
Yes for sure. Besides being much more practical because it is not a physical thing, we still have the advantage of not having to destriur the middle of BTC. We have these and many more advantages over gold.
These threads keep popping up and unfortunately these assets are pitted against each other. Gold and bitcoin share similar traits and should be seen as complementary. Also gold's history ought to be appreciated by sensible people.
Yes off course results are shown below gold is low rated in front of Bitcoin,
This makes due to the high price of bitcoin and it is continuously high price Bitcoin make new high price gold cannot compete for this.
Bitcoin is new type investment and it look like as speculative than investment for long term in Gold. However, some people still keep their opinion is investing to Bitcoin = investing for future. What do you think about this opinion? This makes due to the high price of bitcoin and it is continuously high price Bitcoin make new high price gold cannot compete for this.
Bitcoin Better than Gold? 
Theory: when it was $1000 the first time, nobody could quite believe what was happening.
So as soon as it started to slip, they bailed.
When it was a few hundred, and started to slip, people said "hey I've already changed $100 into $20,000, better no get greedy!" and bailed.
Now we have lots of people who have bought because they believe it will go up and up and up.
They may be wrong, but their belief matters.
I think yes, bitcoin is far better than gold, because gold cannot be used for buying anything in the world, first you will have to change it in your local currency, then in the required one and then you will be able to use it. On the other hand gold reduces its price with the passage of time, while bitcoin increases its price as the time passes. Gold is not a business and bitcoin with a currency also a business too.Theory: when it was $1000 the first time, nobody could quite believe what was happening.
So as soon as it started to slip, they bailed.
When it was a few hundred, and started to slip, people said "hey I've already changed $100 into $20,000, better no get greedy!" and bailed.
Now we have lots of people who have bought because they believe it will go up and up and up.
They may be wrong, but their belief matters.
Gold will always remain gold and valuable.
Bitcoin on the other hand. Anything could happen to the value of Bitcoin. It could go through the roof, or drop to zero eg. if quantum computers suddenly become available.
Bitcoin on the other hand. Anything could happen to the value of Bitcoin. It could go through the roof, or drop to zero eg. if quantum computers suddenly become available.
Gold and Bitcoin both have goods things about them, they are fundamentally different and for some use cases bitcoin is definitely better then gold and vice versa.
Bitcoin is growing but will it be stable forever? big question. Gold is the valuable thing that on demand all the time. I guess gold is better to keep funds in. Btc is better to generate these funds.
So Bitcoin is better than Gold? 
Uhhh, Yes and No- Bitcoin and Gold both have its advantages and disadvantages when compared to one another.
I would have to say this is one of the biggest questions asked by everyone ever since bitcoin was made. I think it is a bit unfair to compare to the 2 head to head as one is completely physical and the other is completely digital. As I've said before, both have their own glory.
GOLD
Gold is a stable commodity with little or no fluctuations over time. Since it is physical, it holds REAL value. Gold investment is usually made not to make profit or money from it, but rather to store funds in a stable way.
However, also since it is physical it means that it can easily be stolen.
BITCOIN
Bitcoins is a cryptocurrency, a new era of currencies and payment methods. Being the first of its kind, it has certain attracted plenty of attention and investors.
The price fluctuates depending on the amount that is being traded and outside entities, such as China's ICO ban. Bitcoin is also very secure and is 'fully' anonymous - well, to a certain degree.
The price trend in the last few months shows that the value of bitcoin will continue to go up, and not drop. This means that investors should be able to invest if their goal is to make profit, and not to secure wealth.
Yes off course results are shown below gold is low rated in front of Bitcoin,
This makes due to the high price of bitcoin and it is continuously high price Bitcoin make new high price gold cannot compete for this.
This makes due to the high price of bitcoin and it is continuously high price Bitcoin make new high price gold cannot compete for this.
So Bitcoin is better than Gold?
There are some aspects that bitcoin is better than gold and then some when gold is better than bitcoin. It depends on the basis of comparison. When you talk about price then bitcoin is better than gold because bitcoin has thrice the price of gold but when it comes to popularity, gold is better than bitcoin since gold is known by everyone while bitcoin is still new so its not yet that popular. When it comes to traders, I think they would choose bitcoin over gold because a lot of trading opportunities in bitcoin because it is more volatile than gold.
Do the gold is going up with that much speed as gold ?
I love gold- but when you understand that fundamentally the only "inherent" value gold has is that we as humans simply LIKE it and value it for that reason, you realize that humans can view Bitcoin the same way. Crypto is use-able in ways gold is not.
Peter Schiff made comments about how gold can be linked to a debit card and you can "spend" your gold which is stored in a companies vault. The problem with this is that at any moment the gov could shut that company down. Crypto cannot be shut down. You can outlaw it, but you will find it impossible to enforce. There is no central location or server to shut down, whereas with gold you can shut down the businesses and that leaves people with the ability to trade gold only face to face.
People will always love gold, there will always be a market for it, but Crypto will totally eclipse it in value.
The day will come when it's not even an interesting question to compare the two (because Cyrpto is so far ahead), but instead Crpto will solely compete with fiat.
Peter Schiff made comments about how gold can be linked to a debit card and you can "spend" your gold which is stored in a companies vault. The problem with this is that at any moment the gov could shut that company down. Crypto cannot be shut down. You can outlaw it, but you will find it impossible to enforce. There is no central location or server to shut down, whereas with gold you can shut down the businesses and that leaves people with the ability to trade gold only face to face.
People will always love gold, there will always be a market for it, but Crypto will totally eclipse it in value.
The day will come when it's not even an interesting question to compare the two (because Cyrpto is so far ahead), but instead Crpto will solely compete with fiat.
not really, but both have advantages and disadvantages of each.
bitcoin is easier to understand while gold's advantage is safer.
i think advantages of both are more that their disadvantage, to me although i have some gold in form of jewellery , but still i also trading bitcoin, because it is clear that bitcoin can give me more profit as compare to gold, as the price of gold is more stable and therefore we cannot expect that we can make good profit from holding golf even for a long time. bitcoin is easier to understand while gold's advantage is safer.
not really, but both have advantages and disadvantages of each.
bitcoin is easier to understand while gold's advantage is safer.
bitcoin is easier to understand while gold's advantage is safer.
Yes it better a lot in price at least
I think you can make more profit in trading btc. Gold's price is stable.
Don't think so. During the first decade of this century, there was a huge spike in the gold exchange rates. The exchange rates went up by up to 400% in a matter of 10-12 years.
So Bitcoin is better than Gold?
I think Bitcoin is now better that any other things because of it's high rate
I think you can make more profit in trading btc. Gold's price is stable.
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