So Bitcoin is better than Gold? - page 63.

DRVX

hero member

Activity: 966

Merit: 500

Quote from: ProzCoin on September 03, 2017, 11:52:51 AM

Quote from: kevindjunaidi on September 03, 2017, 04:04:25 AM

gold can only be for investment, while bitcoin has more functions that is investment and trading, so more profit earned bitcoin than gold Grin

You can use gold for trading lol. Actually, you can use anything you want for trading. Secondly, since the price of bitcoin is too high, many people intend to hold their bitcoin instead of spending it. And if the situation continues, bitcoin will not longer be a currency anymore because the only thing people want is the profit from bitcoin

Oh, come on. Not all people only hold bitcoin. I often buy some things via bitcoin, like hosting or some other services! It very useful to buy some things on foreign sites without credit card!

ekans45

full member

Activity: 229

Merit: 108

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

It is good to have a visual representation of the cons and pros of each set of the value of Bitcoin, fiat and gold. But for me before we look at the comparison between a two common denominator we should also consider bother differences and the similarities of the the two. We all know that gold is a natural resources and bitcoin is a technological currency as a form of crypto-currency that each has difference between the movement of their value.

ProzCoin

sr. member

Activity: 364

Merit: 250

Quote from: kevindjunaidi on September 03, 2017, 04:04:25 AM

gold can only be for investment, while bitcoin has more functions that is investment and trading, so more profit earned bitcoin than gold Grin

You can use gold for trading lol. Actually, you can use anything you want for trading. Secondly, since the price of bitcoin is too high, many people intend to hold their bitcoin instead of spending it. And if the situation continues, bitcoin will not longer be a currency anymore because the only thing people want is the profit from bitcoin

irmasany

full member

Activity: 250

Merit: 100

if for the value yes i agree the bitcoin is more expensive than gold.
but if we compare either where bitcoin or gold. I do not choose both, because for me the same bitcoin or gold have different values. Both are very useful, but different fission between bitcoin and gold. that's my opinion.

wasif11

member

Activity: 84

Merit: 10

According to Chief Troll G Maxwell Bitcoin is now unstable and not working as expected since blocks are not full.
Should we be worried that SegWitCoin is going to collapse? Huh

Xester

hero member

Activity: 994

Merit: 544

Quote from: kevindjunaidi on September 03, 2017, 04:04:25 AM

gold can only be for investment, while bitcoin has more functions that is investment and trading, so more profit earned bitcoin than gold Grin

Yes gold is like an asset and investment. But the thing is you cannot have a gold without spending some money. Unlike bitcoin, if you do not have it you can always have some of it. There are many ways to earn bitcoin. And through your earnings with it you can buy some investment with gold.

FabulousZombie

member

Activity: 65

Merit: 10

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

This reply literally answer for everything.
just one simple thing.
Melting gold would be a real pain in the a.. xD.
So yeah Bitcoin is by far wayyyyyyyy better.. without thinking about it too much xD

kevindjunaidi

full member

Activity: 826

Merit: 104

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

gold can only be for investment, while bitcoin has more functions that is investment and trading, so more profit earned bitcoin than gold Grin

bitcoinsocial09

full member

Activity: 413

Merit: 105

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

So Bitcoin is better than Gold? Roll Eyes

Yes, because gold can be found within the earth but it will take time, energy and money in doing so. On the other hand, bitcoin which is a cryptocurrency can be acquired through different processes and using only a computer connected to the internet. In terms of security, gold which has a physical form can be easily stolen by robbers armed with deadly weapons which will be used against you. Also when carrying gold, a robber can spot it even when you are just walking. But a robber cannot know you have a large amount of money for bitcoin is within the internet data base.

totaleclipseofthebank

sr. member

Activity: 451

Merit: 250

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

skysun

jr. member

Activity: 55

Merit: 10

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.

bitllionaire

legendary

Activity: 1120

Merit: 1000

Quote from: andrei56 on August 28, 2017, 11:37:53 PM

Quote from: madwica on August 25, 2017, 01:45:35 AM

Quote from: ALI AKBAR on August 25, 2017, 12:43:41 AM

Bitcoin is computerized.noone can take it from you.and the price of bitcoin is so high.The other hand, gold is physical. it can not be used for any perpose of any time.people can take it from you.so,i think bitcoin is better than gold.

Bitcoin is better than gold from the thief but bitcoin is not safe for the hacker if they hack the system you money will be taken by them that is the worst thing in online.
Also bitcoin is much higher risk investment than gold that is why for me bitcoin needs to proved more before it dominates the gold.

Bitcoin is a lot easier to secure than gold, you need to hide your gold very well in your home and never forget it or you need to hire expensive services to store your gold, to store bitcoin you only need a piece of paper in the form of a paper wallet and you are good to go.

No doubt bitcoin has more advantages than gold. One cannot use gold in one lineshopping through internet and worldwide, but can spent bitcoin to buy anything he wants through internet and in the local markets. So I think there is no match of gold and bitcoin in today’s life. Other advantage is that gold may be theft or robbed, but there is no fear of these things in holding bitcoin.

onetwostep

full member

Activity: 658

Merit: 101

Bitcoin is better than everything. Not just gold

slapper

legendary

Activity: 1946

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Quote from: Noilee on September 01, 2017, 10:35:06 PM

Yes bitcoin is better than gold, because bitcoin is gives opportunity to invest and easy to earn. Most of people believe in bitcoin because its trusted and profitable. While gold is not be used in terms of payment. Bitcoin can be used in online transactions. Bitcoin is better in investment than gold. Bitcoin is better than gold because still bitcoin has many advantages it pays no interest, it can be stored for a long period of time.

I do think like you. Bitcoin will be easy to invest than gold. We won't afraid to lost because Bitcoin is on the internet. For sure that Bitcoin will increase powerfully in the future. Therefore, between gold and Bitcoin, I will choose Bitcoin.

Rifat403

newbie

Activity: 28

Merit: 0

Yes bitcoin is better than Gold. Because Gold is an assets but bitcoin is a currency. Gold is rare but bitcoin is very very rare. Bitcoin price increase day by day but gold is not. So i Think bitcoin is better than gold.

Noilee

full member

Activity: 532

Merit: 101

Yes bitcoin is better than gold, because bitcoin is gives opportunity to invest and easy to earn. Most of people believe in bitcoin because its trusted and profitable. While gold is not be used in terms of payment. Bitcoin can be used in online transactions. Bitcoin is better in investment than gold. Bitcoin is better than gold because still bitcoin has many advantages it pays no interest, it can be stored for a long period of time.

bololord

full member

Activity: 420

Merit: 101

Quote from: haji lulung on August 29, 2017, 12:20:06 AM

I think yes bitcoin is better than gold now. The value of bitcoin is often raise up than gold. The value of gold is stable relative. So, for investment bitcoin is much better than gold.

I agree with you man. Bitcoin for now is much better than gold becuase bitcoin is useful compared to gold and the value of bitcoin get strong to pumping up day by day . and bitcoin can use to financial needs like paying debt or paying bills so i thin bitcoin is much better and useful.

CoinChili

member

Activity: 239

Merit: 15

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

Lol, very well interpreted Lauda, looks like Financial institutions is now very much aware of what can bitcoin do, I remember our company are considering blockchain technology with their business.

deppil

hero member

Activity: 1008

Merit: 501

Quote from: subSTRATA on September 01, 2017, 06:19:32 PM

Quote from: Biggapp on August 25, 2017, 09:45:47 AM

Quote from: longpro098 on August 24, 2017, 02:05:41 AM

True bitcoin is much better than gold and also safer when compared to gold, through investing in bitcoin your money in a very profitable and incremental way for a while at least because bitcoin prices increase day by day.
For me bitcoin is better than gold.

I am not agree with your point of view because for me bitcoin is much better than gold the price of the bitcoin is very high and it is still growing and other thing that if you will keep your bitcoin in a hardware wallet you can keep your bitcoin secure for life time but in gold you cannot keep it for so long because any one anytime can steal it from you and you cannot carry your gold along with you outside it can going to be snatched by the street robbers but bitcoin is your property that no one can ever snatch from you ever.

you're reaching so hard it's unbelievable; first off, there's been numerous accounts and stories of bitcoin theft, you can just Google it and we at least 20 separate, major cases. secondly, you cannot simply compare gold, an asset with a history of stability and growth, with bitcoin, an extremely new idea with a history of volatility.

thats true, i think we can not directly compare bitcoin with gold. after all both have different advantages respectively. just because gold is stable you can not say that bad gold and bitcoin are better, because this is just about one's people view

iluvpie60

hero member

Activity: 700

Merit: 500

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

So Bitcoin is better than Gold? Roll Eyes

Is it better than Gold!!! WHAT~~~ OF COURSE...

Bitcoin is public, provable transactions, secure transaction history that cannot be reversed and many other things.

Gold cannot do any of that. Gold is sitting in a location somewhere and at best can only be bought and sold at a select few places online and actually used to buy something but with a much larger fee. Too much of a hassle.

Topic: So Bitcoin is better than Gold? - page 63. (Read 53458 times)