Topic: So Bitcoin is better than Gold? - page 88. (Read 53458 times)

bitcoin is better than gold,gold is investment purpose only.bitcoin works like a bank,we can do transaction sending and receiving money also.it has security  also.it work like an asset and money also.

For speculate, bitcoin is more advantageous because of its very high volatility. Whereas, investing in gold very slow. Gold investment very profitable for long term..

It will not be stable if we calculate from monthly profit, just like gold, if we think of investment then the calculation will be equal to gold for one year. Bitcoin trend increases almost 5 times the rise in gold prices, and we need to upgrade about our confidence in bitcoin, maybe a few more years bitcoin will be more equal when compared to real estate, away from gold.

I think bitcoin is very valuable, very profitable for people who are doing business with it .. there are times significant value added. Very high profits are even higher than gold .. but its value is not stable. not safe

The Bitcoin Investment Trust Shares have almost tripled in value in the last twelve months, gaining more than 30 percent in the last three months alone. Meanwhile, SPDR Gold shares are down 3.78 percent in the last twelve months and up 4.49 percent in the last three months.

Obviously bitcoin is better than gold because bitcoin prices are higher than gold.

that is right bitcoin is better than anything else. bitcoin providing a lot of opportunities to use to make money that we cannot get from anything else, even not possible from gold, because gold is so stable that there is always a very slight and negligible increase and decrease  in the price of Gold, therefore we cannot expect a big profit from Gold. Currently bitcoin is the only choice through which we can get a big profit.

you can buy gold with bitcoin but you cant buy bitcoins with gold.. so BTC is more precious

Btc very good. right. But gold is also good and can not be compared btc better than gold or gold better than btc because this simply depends on the purpose of our use. Can not say btc is suitable for an old man who is not good at internet and does not care much about the profit he makes. Conversely, we can't say that gold  is better than btc ... each has its own strengths and weaknesses. We can only compare them with the same characteristics,  not compare such as compare the climbing ability of monkeys and fishes.

Yes, bitcoin is better than anything not only gold, Bitcoins cost is day by day increasing. so many investors are ready to buying bitcoins. earlier they invest on gold. But now they are thinking better to buy Bitcoin.

There's no doubt in that, bitcoin is better than gold when it comes to the increased growth percentage as well profiting whereas with gold people get an security as it has got the universal acceptance as a commodity and as digital asset that can be used for investment and different purposes. It took years and years to reach the current value, but the same price was surpassed by bitcoin in around 9years time.

I think bitcoin is better than gold.As bitcoin selling & buying is just like share market.Therefore gold has no prrofitable price month to month,year to year.But you can sell bitcoin in a day. Because It is possible to raise or reduce the price of bitcoin.Thank you.

i'm not sure about it, for now maybe yes. but we don't know about something happen to it tomorrow.

They are different, gold has been around for so long that it has such a huge advantage over bitcoin in terms of acceptance that it may be difficult that bitcoin ever gets to achieve that level of adoption, however bitcoin give us the chance to earn money quickly for the simple reason that many people are discovering this new technology and investing in it and with it the price will tend to go up.

Can you explain why countries like Russia & China are hording gold yet every government, central bank or major financial institution couldnt give a shit about bitcoin.

Some are interested in blockchain technology but not bitcoin.

I still stick to my theory that we are all just beta testers for the tech, when the central bankers decide to move to a cashless society and blockchain technology then bitcoin and other crypto currencies will get outlawed and those that get caught using it will face harsh penalties.

There is money to be made in the short term but I wouldnt bet my retirement fund on it.

That’s extremely true. There’s no comparison of bitcoins with gold. Bitcoins are virtual diamonds. They are more valuable than gold. There are innumerable advantages of bitcoins over gold. Bitcoins have bright future, they are decentralized, global currency and safer than gold. Gold won’t disappear forever but obviously its usage will become less in near future.

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"    Nearly every country in the world has government issued gold coins

Everything has advantages and disadvantages, gold is still sought after many people although the level of profit generated in investing at the moment is not as good as Bitcoin. Different thoughts and interpretations. But for me, Bitcoin is still the best for short-term investments that continue, lol...

And i Personally, I think Gold is better because gold has never had such a drastic price reduction

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