So Bitcoin is better than Gold? - page 61.

drwhobox

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- hello doctor who box

Quote from: David Horton on May 18, 2017, 05:42:58 AM

So Bitcoin is better than Gold? Roll Eyes

Bitcoin and Gold has a lot of difference. Bitcoin is something that you can't hold except for a paper wallet Bitcoin is virtual compared to Gold and Dollar.
They have some pros and cons when it come to portability, Fees Security Etc. Bit coin is something way way fat different from any other fiat and assets.

webmastax

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I saw in this forum someone who bought gold with bitcoin. Month later, bitcoin goes from 2000$ to more than 4000$ and gold remains the same price.

wasif11

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Bitcoin Better than Gold? Huh

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.

pesonet

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Quote from: David Horton on May 18, 2017, 05:42:58 AM

For me yes! Because Gold is hard for us to find. But bitcoin was so easy because you just have to load for your internet and post if your not happy then you have already a money.

Falgorn

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Bitcoin and gold are different in nature values. However, bitcoin is in some ways better than gold due to the fact that its yield is higher.

GreenBits

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Quote from: J-Spark on September 04, 2017, 11:01:44 PM

Quote from: David Horton on May 18, 2017, 05:42:58 AM

So Bitcoin is better than Gold? Roll Eyes

Somehow it is better, because at this moment in terms of money, bitcoin can be converted and be transferred without or with a very low amount of tax. but if we are talking about the gold, then there will be a investigation or a high tax that you would pay if you have too much amount of gold, because they will be wondering where and when did you get those amount of golds. therefore, i guess im going to go on bitcoins cause it is faster, tax free, and its just better. Cheesy

Welcome to the board

The current situation is a great example of why gold beats bitcoin as a store of value, but not as a speculative instrument. Gold, on its worst day, would never devalue this much. If gold starts to downtrend, it will be much, much slower, and you will be able to get out, at least, before you run to ruin. cryptos, on the other hand, do exactly what happened last night: devalue drastically and suddenly before one can react, and stay depressed enough to trigger poor sentiment and additional selling pressure.

bitcoin is like, a decade old. gold, is fucking ancient Wink

take the sure bet

J-Spark

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Quote from: David Horton on May 18, 2017, 05:42:58 AM

So Bitcoin is better than Gold? Roll Eyes

Somehow it is better, because at this moment in terms of money, bitcoin can be converted and be transferred without or with a very low amount of tax. but if we are talking about the gold, then there will be a investigation or a high tax that you would pay if you have too much amount of gold, because they will be wondering where and when did you get those amount of golds. therefore, i guess im going to go on bitcoins cause it is faster, tax free, and its just better. Cheesy

DoublerHunter

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Quote from: ?? on ??

Quote from: Lauda on May 18, 2017, 05:56:03 AM

Quote from: David Horton on May 18, 2017, 05:42:58 AM

So Bitcoin is better than Gold? Roll Eyes

Wake me up when you can transfer $1 billion worth of gold for $2 in ~10 minutes from any to any location of the world. Roll Eyes

i think bitcoin is high in this date therefore the price now is like 2x now so the better is bitcoin,i think after a year bitcoin is good as money because of the transaction here not like bank

Bitcoin is starting to get into payment system of each country and even there is no law for legalization for transaction. There is already a lot of people that are using bitcoin to do transactions like selling or buying items and they preferred bitcoin because it is faster in transaction and also bitcoin have a cheaper rate in fee than the banks.

ict

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yes.
bitcoin is better than gold. if you find bitcoin, it yours. if you find gold, you take deal with government.
but, the other side gold can be better than bitcoin. gild can be best way to invest your money

Konthol Ngaceng

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I think it's incommensurable, gold and bitcoin are very different things, and I think they are good, gold is very good for investing with a larger portion of bitcoin, because gold accepted anyone and anywhere.

YellowRiver

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Quote from: totaleclipseofthebank on September 03, 2017, 03:35:39 AM

Quote from: skysun on September 03, 2017, 01:43:14 AM

We cannot compare this 2 together.
Gold - stability, price haven't change for allmost nothing in last few years
Bitcoin - profitabillity, price in higher and higher day by day with small corrections

In my oppinion it is worth to have both.

I do not think that gold is a good option right now since we are living the world full of technology. Therefore, holding bitcoin will give us more chance to earn more money and interact with the future sooner than other people. Although the price of gold is stable, people still prefer something which can bring the more money than usual

Now if you can see the connection between profitability and stability. If something is not growing with time, then what's the use of keeping it? Bitcoins give huge profits and what publics want other than that. Also, you cannot use gold to make fast, large transactions.

kingragnar

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for me bitcoin is better than gold because bitcoin has a lot to do. You can send or receive to different types of people wherever they are.Bitcoin transactions cannot be reversed or refunded. You should only deal with businesses or people you trust .You can also use it for paying your electric bill, water bill and etc.

Imam_Dj

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Bitcoin has been beating gold by a big margin so far this year.

Why bitcoin is better than gold?

Because Bitcoins have two advantages over gold. First, they can be used as a convenient medium of payments, though for a limited number of transactions, a function gold is missing. Second, the Bitcoin supply is expected to be limited to 21 million. The supply of gold, on the other hand, is expected to increase anytime its price rises, as it provides an incentive for gold miners to mine for gold.

wasif11

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Apparently, Bitcoin is more popular than gold among investors.

Is it just hype or something fundamental about the digital currency.
It’s hard to say. What’s not hard to say is that there’s a growing mistrust of national currencies,
following dubious government policies, which has pushed people into Bitcoin.

asus09

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I do not agree with your opinion.
the comparison of gold and bitcoin is irrelevant. gold is in the real world, bitcoin is in the digital world.
I agree if the sale value of bitcoin exceeds the price of gold, it is remarkable. but not by overkill for a choice of bitcoin or gold.
bitcoin has its fans and gold too.
so I think this is in accordance with the decisions and thoughts.
invest for gold or bitcoin.
I think just the same end of it all is for profit.

aizen10

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Quote from: David Horton on May 18, 2017, 05:42:58 AM

So Bitcoin is better than Gold? Roll Eyes

i think it not totally better, gold will last forever and nothing in these world can shine as it in terms of appearance and this is the prof that you are rich if you have some and wear it in public. but bitcoin is more valuable one in terms of investing in. you can get more profit than gold that its hard to find. the mainstream is bitcoin are more profitable than gold as of now.

cyclotronmajesty

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Quote from: kucritt on September 04, 2017, 07:51:55 AM

i think yes, i think bitcoin is better than gold, because you can withdraw bitcoin anytime and anywhere, how about gold? gold is good price and stable but it can withdraw anytime, you can go to gold store and sell it to get some money

Yeah and the best thing about bitcoin is that we can also earn it in different ways and that is a drawback with gold as if you want to have gold in your pocket then you need to invest your real money in it to buy it and you can never earn it and even profits made from gold will be limited and cannot exceed that of bitcoins.

Wexnident

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I don't request loans~

Quote from: David Horton on May 18, 2017, 05:42:58 AM

So Bitcoin is better than Gold? Roll Eyes

As of this moment, I think Gold is still better than Bitcoin in terms of investment. But still, Bitcoin has advantages such as being decentralized, has a higher rate of increase on its market value which is also faster, and anonymity. It is just that Gold has a physical market value and has a more stable market price compared to Bitcoin which is important on an investment. But that's because Gold is older, who knows what might happen in the future.

kucritt

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i think yes, i think bitcoin is better than gold, because you can withdraw bitcoin anytime and anywhere, how about gold? gold is good price and stable but it can withdraw anytime, you can go to gold store and sell it to get some money

cynical

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I am not sure about the word -better- bitcoin is priced 3 times more than gold but it is unpredictable and gold is more reliable but i like bitcoin more

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