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Topic: So Bitcoin is better than Gold? - page 86. (Read 53458 times)

sr. member
Activity: 812
Merit: 253
●Social Crypto Trading●
July 14, 2017, 08:21:31 PM
Gold can't be better then bitcoin because you can't send gold to someone or use it to pay for anything. How will you pay someone $3 ? You can't with gold.
That is why we no longer use gold. Can't run around with a pocket full of gold the whole time now can we ? Bitcoin is digital gold for the new age.
hero member
Activity: 966
Merit: 535
July 14, 2017, 06:53:43 PM
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







Thank you !! Thank you so much. This deserves to be quoted again. Thank you for this I saved these imagined now instead of explaining huge walls of text I simply refer s person to those tables. They very true and humourous too hahaha I love how it says to wear goves when touching money since it's filthy. Haha and gold is very shiney Wink

Whoever populated those charts obviously has no clue what they are talking about and are so biased the information is worthless.


1) Portability - moderate.  Lets apply some reality to this, a $40k gold bar is the size of a smart phone.  How many people here at any point in their lives have walked around with so much cash that it would equate to more than a 1kg bar or two what would easy fit in your pockets.

2) Divisibility - moderate.  You can buy gold in grains which is 1/15 of a gram.

3) Security  - moderate.  I bet I can come up with more major bitcoin hacks than you can major gold heists in the last few years.  Also take a quick look at the scam accusation thread on this forum then find me an equivalet version on a precious metals forum.

4) Easily transactable - Low.  I have strolled in to a bullion dealer, handed over 50oz of gold and the money was in my bank straight away.  Scale that up, some days several hundred million dollars of gold are dumped within seconds on the market.  If that happened to bitcoin there would be a major crash.

5) Decentralized - low.  Gold can be purchased virtually anywhere in the world.  It is also mined in numerous countries.

6) Anonomous - low - You can buy and sell gold for cash without any paper work or I.D requirements

7) Durability - low - They are pulling gold artifacts out of the ground that are thousands of years old and look as good as the day they were made.  Its an element that doesnt rust or degrade.

8 ) Scare - Moderate.  All the gold ever mined would fit on 1 tennis court.

9) Sovereign (Goverment issued) - Low.  Ever hear of "Sovereigns"  Roll Eyes  Nearly every country in the world has government issued gold coins



Clearly you live in the Stone age or medievil times. Gold ? Seriously ? Ok send me some gold right now ? Oh wait... It's physical in a digital world.

People don't walk around with that much value in gold or cash so I have no idea what you on about.

If you feel this way then get off the forum you don't belong here. Go buy metal. Good luck with that. Perhaps you should eeucste yourself about debeers gold mining company in South Africa.

You actually admit to "strolling" around with that much good ? Clearly not an intelligent thing to do. That why we do digital so someone cant mug us. How you gonna steal my Bitcoin when they virtual ?

Good can't be bought vertuakky anywhere many papers require ID and even background checks. Bitcoin I can buy right now in 2 minutes without getting off the chair.

Actually no it depends on where you live.

Your argument about durability is ridiculous. Digital items can't get damaged. Good can be lost.

All the Bitcoin ever minded can fit on a USB drive bs your tennis court.

The funniest thing is when you speak of scams. Lol. People have scammed people of valuable items since said item existed. Always will be that way. No scams with good ? Are you serious ? So what about stolen jewelty and good being bought and sold at dodgy dealers ? What about scams run involving gold investments ? Did you even do any research ? Also Debeers gold company release gold little by little and control the market . You can't control the bitcoin market.

Go buy some gold and leave Bitcoin alone. I'm sure you will get good returns.... Oh... Wait.... That's right....

hero member
Activity: 1022
Merit: 521
July 14, 2017, 05:30:10 PM
Bitcoin is certainly better than gold. I had earlier read an article somewhere where they say that if you had invested 10grand in bitcoin and gold simultaneously in 2010, the btc investment would be worth $200m today while your gold investment would be standing at $9900. It's therefore a no brainer as to which asset is more valuable.
In terms of investment, there is no doubt that bitcoin is the best investment because of its continuous rapid growth in all aspects like community and also in the price so if you have patience to wait at least 10 years then you can make a lot of money with bitcoin by just simply investing in bitcoin and keeping it on a safe place for a few years from now.
I agree with you, Bitcoin is not standing in one place, it can also be used like a currency to pay for things online so that its usages make its price keep changing which enable Bitcoin investors to have chance to make profits with Bitcoin.
Bitcoins are already accepted by some online shopping sites and soon will become common. It’s something who keeps growing tremendously unlike gold. Bitcoin is the future digital gold of the world. It’s more fruitful for its investors than gold.
sr. member
Activity: 658
Merit: 250
July 14, 2017, 03:09:53 PM
Bitcoin is better in many ways. The only problem, that it is not so stable, but in long terms it shows monster growth, which gold will never see again.
I do not care about the stable in the bitcoin price because it is what makes bitcoin unite and awesome than other cryptos. THerefore, we should use bitcoin no matter how bad it can be because developers know how to fix bitcoin and make it run smoothly
Yes that an awesome thing about bitcoin and if you compared it from other cryptos, its much higher advantage in terms of price stability for now. Eventhough it's not that stable, but generally the demand rises compared from fiat and gold. I couldn't agree more about it's good price for now, and all I have to say is no matter how hard the situation is; bitcoin is much better than gold.
sr. member
Activity: 686
Merit: 282
July 14, 2017, 02:54:53 PM
So Bitcoin is better than Gold? Roll Eyes
I can say that bitcoin is way more better than gold when it becomes to uses. Bitcoin can be transact easily and less hassle with just a press of your fingers. Gold in other hand, are hard to send or receive because it's heavy. But when it becomes to investment they are both good, but bitcoin is the future, the value of it will always be higher than gold. And it can work lile banks of real money and thats gold cannot do.
Yeah I really do agree with you that bitcoin has a large potential to enlarge a business or your money because the price of bitcoin goes up day by day and it will become the most high and expensive currency some day  so it’s much more better than gold .

Is already. The price of Bitcoin exceeded the price of an ounce of gold in March of this year (as I can remember). Bitcoin is more convenient to invest and pay. Gold has a stable price. It is difficult to compare such different units.
I do not say that yet, only value of bitcoin surpass by bitcoin but not the stability, bitcoin is good for me but not totally dominates gold. Gold investment has low risk because you have an physical item to hold or used unlike in bitcoin that was pure online investment.

Summarizing:
- Bitcoin = fast earnings + short term investment (for example, 2 years)
- Gold = stability + long-term investments (for example, 30 years)

We can not compare gold to BTC ...
full member
Activity: 462
Merit: 112
July 14, 2017, 01:39:34 PM
i think Better in which aspect exactly if in the possibility of generating massive return in a short period of time then it's better
However regarding the stability the less downward curve are better in gold than the volatile bitcoin
 IMO bitcoin is best as short term trading and gold as long term savings
sr. member
Activity: 526
Merit: 253
Damn
July 14, 2017, 01:04:57 PM
Bitcoin is better in many ways. The only problem, that it is not so stable, but in long terms it shows monster growth, which gold will never see again.
I do not care about the stable in the bitcoin price because it is what makes bitcoin unite and awesome than other cryptos. THerefore, we should use bitcoin no matter how bad it can be because developers know how to fix bitcoin and make it run smoothly
newbie
Activity: 43
Merit: 0
July 14, 2017, 12:54:59 PM
Bitcoin is better in many ways. The only problem, that it is not so stable, but in long terms it shows monster growth, which gold will never see again.
full member
Activity: 308
Merit: 100
July 14, 2017, 04:29:39 AM
So Bitcoin is better than Gold? Roll Eyes

Bitcoin obviously beater gold. because you can do reserve bitcoin long time.
full member
Activity: 241
Merit: 100
July 14, 2017, 12:23:31 AM
So Bitcoin is better than Gold? Roll Eyes

I think gold is always stable but it does not change like Bitcoin so if you are a safe person you should choose gold. On the other hand, if you are a risk taker and you like to risk it, choose Bitcoin, it will help you get rich quick
sr. member
Activity: 532
Merit: 280
July 13, 2017, 04:07:27 PM
So Bitcoin is better than Gold? Roll Eyes
I can say that bitcoin is way more better than gold when it becomes to uses. Bitcoin can be transact easily and less hassle with just a press of your fingers. Gold in other hand, are hard to send or receive because it's heavy. But when it becomes to investment they are both good, but bitcoin is the future, the value of it will always be higher than gold. And it can work lile banks of real money and thats gold cannot do.
Yeah I really do agree with you that bitcoin has a large potential to enlarge a business or your money because the price of bitcoin goes up day by day and it will become the most high and expensive currency some day  so it’s much more better than gold .

Is already. The price of Bitcoin exceeded the price of an ounce of gold in March of this year (as I can remember). Bitcoin is more convenient to invest and pay. Gold has a stable price. It is difficult to compare such different units.
I do not say that yet, only value of bitcoin surpass by bitcoin but not the stability, bitcoin is good for me but not totally dominates gold. Gold investment has low risk because you have an physical item to hold or used unlike in bitcoin that was pure online investment.
sr. member
Activity: 686
Merit: 282
July 13, 2017, 04:01:24 PM
So Bitcoin is better than Gold? Roll Eyes
I can say that bitcoin is way more better than gold when it becomes to uses. Bitcoin can be transact easily and less hassle with just a press of your fingers. Gold in other hand, are hard to send or receive because it's heavy. But when it becomes to investment they are both good, but bitcoin is the future, the value of it will always be higher than gold. And it can work lile banks of real money and thats gold cannot do.
Yeah I really do agree with you that bitcoin has a large potential to enlarge a business or your money because the price of bitcoin goes up day by day and it will become the most high and expensive currency some day  so it’s much more better than gold .

Is already. The price of Bitcoin exceeded the price of an ounce of gold in March of this year (as I can remember). Bitcoin is more convenient to invest and pay. Gold has a stable price. It is difficult to compare such different units.
sr. member
Activity: 546
Merit: 255
July 13, 2017, 11:30:26 AM
It seems like comparing bitcoin with gold is like something that is difficult to answering, but I think currently bitcoin investment is better than gold, because invest in the bitcoin more profitable.
That is correct but I feel safer when I invest my money in gold because there is no way people can decrease the gold price right now and in the next 100 years, gold will still stable and against the inflation. If you want to save your money, put all of them in gold
If you are talking about long term investment, for like about 100 years as you say, then I'd say go invest your money in bitcoin. Ignore the short-term volatility of bitcoin and focus in it in the long run. Yes it is true that gold has been there for many decades and has been cherished by us of its value but bitcoin can unseat those value over the long run as bitcoin's usefulness and importance to society will continuously grow as commerce become more digitized.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
July 13, 2017, 10:52:06 AM
Depends on what you mean by "better'" as both serve different purposes aside being used as store of value . Maybe in the long run Bitcoin may be better if it becomes possible to produce gold in Factories.
full member
Activity: 378
Merit: 111
July 13, 2017, 10:23:17 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






Based on the graph that you showed it really shows that bitcoin is really good in everything even in us dollar. The only problem that bitcoin has, is that the government cannot approved bitcoin to be a legal currency because some people use bitcoin for criminal activities that is very wrong. I hope that bitcoin can be approved by the government.
sr. member
Activity: 1078
Merit: 250
http://unidapp.app
July 13, 2017, 09:18:24 AM
I think gold has an absolute value and less volatility in the financial market. Most people buy Bitcoin for profit and have a stable increase over gold so Bitcoin is definitely worth more than gold. In addition, Bitcoin is used to trade worldwide and gold is just a collateral
sr. member
Activity: 532
Merit: 250
July 13, 2017, 08:11:48 AM
bitcoin is a better investment than the gold.but but the gold is more stabilizer than the bitcoin
so you could choose the investment by yourself
I think the bitcoin is better than gold.
I also think that bitcoin is better than gold but if you see their value in online market the price of bitcoin has a high value than gold. In addition to that, I prefer to invest in bitcoin because I know that the price of it will increase in the near future and it will consider as money like real money that you can in offline market.
sr. member
Activity: 364
Merit: 250
July 13, 2017, 07:10:38 AM
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.
member
Activity: 140
Merit: 10
July 13, 2017, 06:40:24 AM
gold will always be better, you can actuallu use gold in industry or jewelry, but nothing beats bitcoin transportability Grin
full member
Activity: 196
Merit: 100
July 13, 2017, 06:38:46 AM
So Bitcoin is better than Gold? Roll Eyes
Bitcoin is far better than gold.Gold has been saved by people traditionally for centuries as an investment.But still it is not able to give huge returns like bitcoins.Just like gold,bitcoin is also secure.Gold could not be easily transported to any other parts of the world.But bitcoins could be sent to any parts of world instantly and easily.
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