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Topic: So Bitcoin is better than Gold? - page 91. (Read 53458 times)

hero member
Activity: 518
Merit: 500
July 06, 2017, 02:17:36 AM
One cannot directly say that bitcoin is better than gold because they are two different things. While gold is still miles away in terms of market cap, bitcoin offers a new technology that utilizes it as both currency and store of value. Would always be nice to have the best of both worlds and invest in both if our funds allow us to do so.
full member
Activity: 133
Merit: 100
July 06, 2017, 02:15:25 AM
Yes, Bitcoin is better. Bitcoin is quickly transferable in anywhere. If you want money, you can convert bitcoin. Otherwise, you can save the bitcoins to make more money. Gold takes time to transfer and convert into money.
sr. member
Activity: 630
Merit: 250
July 06, 2017, 02:13:52 AM
Bitcoin is like gold and very better than gold,by using bitcoin we transfer and receive the money directly.Bitcoin works like bank also.we send money to friends easily.so bitcoin is very better than gold.

In investment yes, Bitcoin is much better than gold as we all know that it has a lot of potential to grow but if you just want to store your wealth in a stock holding then gold is way much better than bitcoin as we all know that bitcoin is very volatile.
full member
Activity: 238
Merit: 100
July 06, 2017, 02:11:07 AM
Bitcoin is like gold and very better than gold,by using bitcoin we transfer and receive the money directly.Bitcoin works like bank also.we send money to friends easily.so bitcoin is very better than gold.
full member
Activity: 146
Merit: 100
July 06, 2017, 01:52:48 AM
Both Bitcoin and Gold have their advantages in the personal usage and financial market. Bitcoin is easily transferable and exchangeable. Also, bitcoin converts into cash. There are fluctuations in bitcoin prices and Gold prices based on the market. I personally feel bitcoin is better.
hero member
Activity: 980
Merit: 506
July 01, 2017, 03:41:55 PM
offcourse, bitcoin is better than gold.,
you can transfer bitcoin online, and look at the gold price history and bitcoin price history and tell me which one's price is increasing rapidly .
and you will know why bitcoin is winner.
Suppose as a Bitcoin price increasing rapidly in a market and the demand is getting more. Bitcoin is winner everywhere. Not just in a debate with a Gold. Bitcoin is unbeatable currency. Which is made a records in market. Now government of every country is going to allow Bitcoin. Like for future Bitcoin is one of most successful currency according to every each currencies.
sr. member
Activity: 434
Merit: 250
June 29, 2017, 01:00:01 PM
So Bitcoin is better than Gold? Roll Eyes
Yes, for so much reasons, Bitcoin can be used as money, Bitcoin can be stored as gold Bitcoin can also be used to send/ receive a very big amount of money without any difficulty. Can you send million Dollars of Gold in just 5 - 10 minutes?
I agree with you, Of course bitcoin is more valuable or better than gold, because as you said, bitcoin is money and we can send and receive it easily without any problem,
Furthermore, bitcoin price is too high and it increase a lot over the years. also when we talk about sending a high amount of money, bitcoin is better. It's too hard to send billions of dollars with gold, but it's easy when we use bitcoin.
full member
Activity: 294
Merit: 100
June 29, 2017, 11:32:34 AM
So Bitcoin is better than Gold? Roll Eyes
Yes, for so much reasons, Bitcoin can be used as money, Bitcoin can be stored as gold Bitcoin can also be used to send/ receive a very big amount of money without any difficulty. Can you send million Dollars of Gold in just 5 - 10 minutes?
hero member
Activity: 3080
Merit: 603
June 28, 2017, 08:29:02 PM
offcourse, bitcoin is better than gold.,
you can transfer bitcoin online, and look at the gold price history and bitcoin price history and tell me which one's price is increasing rapidly .
and you will know why bitcoin is winner.

They have a lot of good things with bitcoin and there are some disadvantages that we are experiencing. But once these problems will be solved very soon. All of us will say that gold is only next to bitcoin as we will live in the modern world. Technology is fast phasing and we'll choose modern and digital gold, bitcoin.
sr. member
Activity: 434
Merit: 270
June 28, 2017, 07:45:03 PM
offcourse, bitcoin is better than gold.,
you can transfer bitcoin online, and look at the gold price history and bitcoin price history and tell me which one's price is increasing rapidly .
and you will know why bitcoin is winner.
legendary
Activity: 1484
Merit: 1004
June 28, 2017, 07:30:50 PM
As an investment its 100x better, as a stable store of value its much worse. Overall the pros outweigh the cons on bitcoins side vs gold.
also gold looks outdated when bitcoin looks cool ,
it's sounds not necessary but actually have a big impact to people opinion ,
with bitcoin it's opens a lot of opportunity to start business too while gold not ,
bitcoin gives a revolutionary financial system , gold gives nothing.
hero member
Activity: 1722
Merit: 528
June 28, 2017, 07:05:03 PM
One consideration that is often overlooked in such comparative discussions is the operational security required when handling crypto.  Physical security is important with gold but if you input the wrong combination on your safe, your gold doesn't have a chance of disappearing. 
Not necessarily an insoluble problem but user experience remains frightening even for many technically-competent users.

In terms of security, it all depends on you on how you will be willing to protect your wallet or your safe. I don't have that many bitcoins so I am good with web wallets and paper wallets, I store it on a flash drive, hide it maybe on my computer, and I'm good with it. I think in terms of security, Bitcoin has the ups than Gold.
full member
Activity: 221
Merit: 100
June 28, 2017, 06:59:31 PM
One consideration that is often overlooked in such comparative discussions is the operational security required when handling crypto.  Physical security is important with gold but if you input the wrong combination on your safe, your gold doesn't have a chance of disappearing. 
Not necessarily an insoluble problem but user experience remains frightening even for many technically-competent users.
member
Activity: 106
Merit: 10
June 28, 2017, 06:22:22 PM
As an investment its 100x better, as a stable store of value its much worse. Overall the pros outweigh the cons on bitcoins side vs gold.
sr. member
Activity: 462
Merit: 250
June 28, 2017, 06:20:11 PM
For now and for the future, I think bitcoin is better than gold. If I were faced with two choices, buy bitcoin or gold, of course my choice would fall on bitcoin because bitcoin's value is very volatile and it can give us a very good opportunity if we own it.
to me i think both have their own importance. although bitcoin can give you god profit but still a lot of risk is also there, and you must keep the risk in your mind. and secondly you need, on other side bitcoin is good because there you feel a little confident about your money but you cannot expect such a good profit from there. as the price of bitcoin remain mostly stable.
sr. member
Activity: 518
Merit: 250
June 28, 2017, 12:12:19 PM
bitcoin is not better than gold. because for short time investment bitcoin is better but for long time investment bitcoin isn't safe.
Bitcoin is flexible and it can be good for long term and short term investment. While gold is known for being a long term investment and it has been existing in this world for a lot of years. How can you say that bitcoin investment for a long time isn't safe? Just imagine those early investors that has bitcoin up to know, isn't that safe and profitable?

in my opinion the Bitcoin is no better than gold. due to the short time investment bitcoin better but for a long time with a long-term investment of bitcoin. because it will decline rose in price so that if you do not store and retain with a safe place kemngkinan will miss you get
sr. member
Activity: 322
Merit: 250
June 28, 2017, 12:10:59 PM
Absolutely yes haha, I mean even if in one thing, yes in one thing, with regards to the amount, we all know that bitcoin surpassed the gold in terms of price haha so with that, we can now actually think that bitcoin is really better than gold or even in usd haha
sr. member
Activity: 1988
Merit: 453
June 28, 2017, 11:52:31 AM
If we consider the security of investments gold is certainly better than bitcoin, but if you consider the profitability of the investment, in this time of course bitcoin is the best investment. To each his own.
Very many users and experts have always compared bitcoin with gold, But I think that today this topic is not relevant. Because the gold always had a stable price, unlike Bitcoin. Everyone is striving for Bitcoin earnings only to multiply its revenues, gold in order to save.

The gold prices are also not that stable. If you remember, in 2012 gold had reached a peak of almost $1,800 per oz. But after 2-3 years, it went down by more than a third, to trade at around $1,100 per oz.
sr. member
Activity: 322
Merit: 250
June 28, 2017, 11:42:46 AM
Probably! Gold could be worthless in the future if scientists successfully create one meaning factory made Gold would flood the market.

While Bitcoin security would keep getting stronger making it impossible to be hacked


For this I had only one answer.Obviously yes.Bitcoin is safest for transaction. It's a tax free source. Gold rate May increase or decrease. But bitcoin rate is keeps on increasing. No one need to protect bitcoin from other like gold.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
June 28, 2017, 11:18:11 AM
Probably! Gold could be worthless in the future if scientists successfully create one meaning factory made Gold would flood the market.

While Bitcoin security would keep getting stronger making it impossible to be hacked
That's wrong. Gold is entirely different form compared to bitcoin. It has got the physical state, so when the availability of the resource decreases the value of gold increases. With bitcoin everything is running with an interlinked network that has a demand to supply ratio based on the user involvement with the inflow and outflow of the value.
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