Topic: So Bitcoin is better than Gold? - page 95. (Read 53459 times)
of course it is, just the recent problem is that it charges extremely high charges and that a good reason nobody like it now to trade or anything it has just decreased the acceptance of bitcoin a lot. people are hardly stick with it or else they just left it if they can not tolerate it, many of the bitcoin users have actually switched over other altcoin's like eth and ltc because they charge like 0.01% of the transaction amount and they are almost instant transaction so i guess people can afford some quick price inflation instead of extremely heavy charges.
You just can't compare gold with Bitcoin. Both of them serve different purposes. And another thing to remember is that gold has been in use for more than 5,000 years, while Bitcoin has been in existence for less than a decade. Gold is a physical asset, while Bitcoin is a digital asset. That said, gold can be converted to digital form (paper gold) and Bitcoin can be converted to physical form (Casascius physical bitcoins).
For the long term gold is always better, but for now bitcoin is becoming more popular after a higher rise but with unpredictable time for the long term.
I also will say and stand that gold is good for long term investments but with bitcoin today, it's being told as the modern or digital gold.
Bitcoin is also good for holding for a longer term and it's been proved by those early investors that managed to hold up til' now.
I will go for bitcoin for saying it's better because it has a lot to offer for us.
For the long term gold is always better, but for now bitcoin is becoming more popular after a higher rise but with unpredictable time for the long term.
I am lazy to reading all of comments, but i wanna to say that bitcoin is like a gold, but that different. But i can say that bitcoin is much more good than dollars 
It may seem crazy comparing Bitcoin to gold. After all, gold is a historical store of value and is recognized all over the world. However, considering the huge appreciation of Bitcoin, an analysis of these two is more than warranted. A lot of investors may be tempted to invest in Bitcoin. The factors stated above should be kept firmly in mind. While Bitcoin does have a lot of good things going, there are still a lot of questions regarding this particular investment vehicle. Lined up with an analysis versus gold analysis, be careful not to engage in wishful thinking. Focus on the facts and risks. This is the proper way to do a Bitcoin vs. gold analysis.
Yes a good warning for all.
This two are really different. Even when bitcoin passed over the price of gold nothing changed. No one gave a damn because they know gold is different. If it is really alike then there might be movements that have happened before bitcoin will take over.
Bitcoin is new and doubts will be there, which is not in gold anymore. There is no doubt there, people just keep on buying it whenever they want to.
It may seem crazy comparing Bitcoin to gold. After all, gold is a historical store of value and is recognized all over the world. However, considering the huge appreciation of Bitcoin, an analysis of these two is more than warranted. A lot of investors may be tempted to invest in Bitcoin. The factors stated above should be kept firmly in mind. While Bitcoin does have a lot of good things going, there are still a lot of questions regarding this particular investment vehicle. Lined up with an analysis versus gold analysis, be careful not to engage in wishful thinking. Focus on the facts and risks. This is the proper way to do a Bitcoin vs. gold analysis.
Well said...Both have some positive and negative side, it should not be compared to these two things, Bitcoin has some specific features and gold has also some different types of criteria. So both are equally volatile sometimes and equally strong as their own way...so it is not a high time to say that, Bitcoin is better than gold...
Bitcoin is better in terms of technology, practical and chance to make profit from the fluctuation for now.
But if u talk about stability, gold is in the upperhand because u own it. It's in ur hand. If it goes missing then it's ur own fault to not take care of it better.
Even though bitcoin is not that secure too but if u store it in a secure way using a credible site for trading or cold wallet, bitcoin still a lil better.
Bitcoin is easier to store than gold too.
So to sum it up, bitcoin is better for the many probability to make profit in the future. but with gold it's more about stability and old ways to make profit.
But if u talk about stability, gold is in the upperhand because u own it. It's in ur hand. If it goes missing then it's ur own fault to not take care of it better.
Even though bitcoin is not that secure too but if u store it in a secure way using a credible site for trading or cold wallet, bitcoin still a lil better.
Bitcoin is easier to store than gold too.
So to sum it up, bitcoin is better for the many probability to make profit in the future. but with gold it's more about stability and old ways to make profit.
It may seem crazy comparing Bitcoin to gold. After all, gold is a historical store of value and is recognized all over the world. However, considering the huge appreciation of Bitcoin, an analysis of these two is more than warranted. A lot of investors may be tempted to invest in Bitcoin. The factors stated above should be kept firmly in mind. While Bitcoin does have a lot of good things going, there are still a lot of questions regarding this particular investment vehicle. Lined up with an analysis versus gold analysis, be careful not to engage in wishful thinking. Focus on the facts and risks. This is the proper way to do a Bitcoin vs. gold analysis.
So Bitcoin is better than Gold?
Better in terms of what?
As a currency: bitcoin
Investment: bitcoin (in my opinion)
Portability: bitcoin
Almost everything else: bitcoin
I can only see gold being better if it is in terms of brag value or in terms of 'showyness'. Gotta have that bling.
In my own opinion bitcoin is not better than gold maybe they are the same in a unique way, and bitcoin is the new gold for the new era, just like the old days if you save gold you'll provably millionaire for just a few decade just like bitcoin also nowadays if you save, invest or trade for it you'll probably earn much money if you know the process. Bitcoin and gold may do not have the same price but they are really important in one country's economy.
I do think like you. But the difference between both of them is the price. Gold will always go up notwithstanding times and never lost price or decrease. Bitcoin sometime it will go down but it's also very hard to lost price. I think so 
In my own opinion bitcoin is not better than gold maybe they are the same in a unique way, and bitcoin is the new gold for the new era, just like the old days if you save gold you'll provably millionaire for just a few decade just like bitcoin also nowadays if you save, invest or trade for it you'll probably earn much money if you know the process. Bitcoin and gold may do not have the same price but they are really important in one country's economy.
I do think like you. But the difference between both of them is the price. Gold will always go up notwithstanding times and never lost price or decrease. Bitcoin sometime it will go down but it's also very hard to lost price. I think so
In my own opinion bitcoin is not better than gold maybe they are the same in a unique way, and bitcoin is the new gold for the new era, just like the old days if you save gold you'll provably millionaire for just a few decade just like bitcoin also nowadays if you save, invest or trade for it you'll probably earn much money if you know the process. Bitcoin and gold may do not have the same price but they are really important in one country's economy.
So Bitcoin is better than Gold?
It depends on the holders. Mostly if you are not a gold holder for you bitcoin is better than gold. But if you are a gold holder and didnt know how to used bitcoin then for you gold is better than bitcoin. For me they are the same. I can used them to provide my needs in life. Bitcoin and gold helps me so i will not compare them with each other. 
So Bitcoin is better than Gold?
It depends on the holders. Mostly if you are not a gold holder for you bitcoin is better than gold. But if you are a gold holder and didnt know how to used bitcoin then for you gold is better than bitcoin. For me they are the same. I can used them to provide my needs in life. Bitcoin and gold helps me so i will not compare them with each other.
I think it's pointless to compare such different things
if we compare the price between gold and bitcoin, i think bitcoin have a chance to be the next expensive investment in the future but unfortunately right now, from total populations in the world, its still only small people which is using bitcoin and the others still believe with gold and using gold as investment. but if they know about bitcoin, i am sure that they will be move from gold into bitcoin, and they will use bitcoin like us too.
Gold is a physical asset if the price drop the people will use it for other use. But the Bitcoin is not like that if the price drops then it is a big loss for investors. That is why the old people will not show interest on bitcoins. For gold, we see worldwide investors, and they will not think much about to invest in gold. But to invest on bitcoins, they take more time to reflect on this asset. hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
if we compare the price between gold and bitcoin, i think bitcoin have a chance to be the next expensive investment in the future but unfortunately right now, from total populations in the world, its still only small people which is using bitcoin and the others still believe with gold and using gold as investment. but if they know about bitcoin, i am sure that they will be move from gold into bitcoin and they will use bitcoin like us too.
Surely gold is there and we can't forget about it but mining gold will destroy us all but mining bitcoin will make us all happy,
its hard to accept the reality but yes bitcoin is better now than gold
Although bitcoin mining is easier than gold mining that requires enormous funds. But that does not mean bitcoin will be better than gold. Both have their respective advantagesits hard to accept the reality but yes bitcoin is better now than gold
That's true. Bitcoin and gold have their advantages and disadvantages respectively. On the one hand bitcoin may be better than gold but on the other hand, gold will be better than bitcoin. We can choose which one is more suitable for us.
From what I know today, Bitcoin has already tripled in value compared to Gold. It was fast. At present, Bitcoin is lot more popular than Gold. It is more convenient to use when you are doing transaction online. With the use of Bitcoin wallet you can keep your bitcoins. Exchanging from Buying and selling is fast, while in Gold, mostly people will think that you really need a gold literally before you have it as a money.
so true. Bitcoin prices are now very expensive. Reaching 300% of the profit we have. In contrast to gold which only rose about 5 -10% Jump to: