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Topic: So Bitcoin is better than Gold? - page 96. (Read 53458 times)

hero member
Activity: 672
Merit: 500
June 19, 2017, 07:08:44 AM
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.
hero member
Activity: 720
Merit: 500
June 08, 2017, 11:52:20 PM
Nope, Gold is better than Gold. Gold is used by everyone adopted by everyone so actually it is better than Bitcoin. Also, Gold is used by people from the very first day of this world, It's being used by the people of earth since it came into being. Everyone knows Gold but there is a big number of people who still don't know what Bitcoin is so, it make it clears.
For all the users here who says Bitcoin is better I appreciate them for encouraging Bitcoin but the fact cannot be changed.
legendary
Activity: 1372
Merit: 1008
June 08, 2017, 11:47:48 PM
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 advantages

sr. member
Activity: 556
Merit: 250
June 08, 2017, 10:13:17 PM
Bitcoin are more better than gold because for a short term bitcoin now are 10x the price to gold. Investor now are wiser they want to get easy profit than to keep the longer time. Bitcoin are good to hold and to trade it in short time.
sr. member
Activity: 504
Merit: 250
June 08, 2017, 08:38:41 PM
Of course it would be nice if investing in various commodities, but when looking at graph must be a bitcoin dominant as a good investment. And indeed bitcoin has opened up many good business opportunities if careful in exploiting the opportunities created by bitcoin due to rapidly different price fluctuations of bitcoins With gold having real price fluctuations slowing down.
LBX
hero member
Activity: 1025
Merit: 534
A
June 08, 2017, 08:19:16 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







Best answer Smiley
Excellent Wink
hero member
Activity: 910
Merit: 523
June 08, 2017, 06:59:26 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






Quote for reference.

Nice compare between gold and bitcoin.
There are several advantages that bitcoin has but gold doesn't and vice versa.
Such as bitcoin transaction all over the world with (consider) small fees than what we have to pay if send gold, especially out of the country. Further, bitcoin value increase faster than gold, so this is a great investment object. People invest on gold because it has stable price and won't lose its value (like $300-$500) within a month, and divide your wealth on some commodity/objects is a good plan obviously.
hero member
Activity: 994
Merit: 544
June 08, 2017, 06:52:50 PM
I don't think so.  Gold has been used for centuries right now.  But in terms of ease of use then we can say that bitcoin is far better than gold.  Also in terms of acquiring bitcoin it is easier because only rich people can have gold and you cannot have gold unless you buy some.  Unlike bitcoin you can have even a little of it.  You can earn it.
hero member
Activity: 882
Merit: 500
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June 08, 2017, 06:43:49 PM
So Bitcoin is better than Gold? Roll Eyes

In some sense yes. Gold and diamond are unfairly distributed. BTC can be fairly distributed.
Only the price of Bitcoin based off the USD value is higher than the price of Gold. If the people that purchase Bitcoin see the price drop thousands of dollars per day there would be a bunch of people dumping their coins.
If that same scenario happened to Gold then the people that are in Gold will try to purchase more Gold because Gold is much more convenient to use compared to Bitcoin.
sr. member
Activity: 574
Merit: 267
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June 08, 2017, 09:09:19 AM
So Bitcoin is better than Gold? Roll Eyes
I dont think so. Its still depends on the users. IF you are not a bitcoin users then you can say that gold is better than it especially when you are a gold holder. But if you are a bitcoin holder then you can proudly say that bitcoin is better than bitcoin. But i believe that they are equal and the same as long as it helps me I dont need to compare what is better between the two.
hero member
Activity: 1316
Merit: 502
June 08, 2017, 09:02:58 AM
So Bitcoin is better than Gold? Roll Eyes

Bitcoin is better only for short-term investments, this has already been discussed more than once. And gold has always been and will be a valuable asset even in the event of a collapse.
I don't think that bitcoin is only profitable for short term investment because what can you say to the people who are holding their bitcoin for long term? Not profitable? Bitcoin is designed either short or long term and they are both profitable and it always depends on the price that you bought but if you want to be on a profitable and safe investment then long term is the best and i can say about gold is, it will just give you slow profit.
There are many who make threads like this and there are many differences between them but I think bitcoin is long term, which I worry about when there is a dump of bitcoin holders will feel panic sell, it's not good for the short term because bitcoin will go back up although it takes time, you should know if you held bitcoin last year how much your profit you can even exceed 100%.
Bitcoin can also make it in long term, I don't think bitcoin is just for short term, a long time ago bitcoin started and until now bitcoin is still here, and until now it increases its value. So I think we can trust bitcoin in a long run so it is better to invest today. Gold is also good,  but bitcoin increases and I don't think I can have gold, because right now I don't know how to have a gold, unlike bitcoin I can earn it online. So I think Bitcoin is really better.  Grin
I think that too mate but i think also in the other side we can easily say that bitcoin is better than gold because of the current value of bitcoin but if you think for long term i will give my trust in gold. Gold exist for more decades or century and the investor is continuous getting profit on it.
Yeah, gold has existed for so long, so many people believe it and sure to invest in gold in the long run will be a safe choice, however, profit from gold is not too high. This is the difference between gold and bitcoin, bitcoin can help us make a very good profit in the short term equal to the profit from gold in the long run. In addition, in the future bitcoin will be a potential market and attract a lot of investors, so I think about short term or in the long run, bitcoin is still better than gold although it has risks, but not too large
sr. member
Activity: 1106
Merit: 310
June 08, 2017, 08:19:57 AM
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
sr. member
Activity: 532
Merit: 280
June 08, 2017, 08:10:46 AM
So Bitcoin is better than Gold? Roll Eyes

Bitcoin is better only for short-term investments, this has already been discussed more than once. And gold has always been and will be a valuable asset even in the event of a collapse.
I don't think that bitcoin is only profitable for short term investment because what can you say to the people who are holding their bitcoin for long term? Not profitable? Bitcoin is designed either short or long term and they are both profitable and it always depends on the price that you bought but if you want to be on a profitable and safe investment then long term is the best and i can say about gold is, it will just give you slow profit.
There are many who make threads like this and there are many differences between them but I think bitcoin is long term, which I worry about when there is a dump of bitcoin holders will feel panic sell, it's not good for the short term because bitcoin will go back up although it takes time, you should know if you held bitcoin last year how much your profit you can even exceed 100%.
Bitcoin can also make it in long term, I don't think bitcoin is just for short term, a long time ago bitcoin started and until now bitcoin is still here, and until now it increases its value. So I think we can trust bitcoin in a long run so it is better to invest today. Gold is also good,  but bitcoin increases and I don't think I can have gold, because right now I don't know how to have a gold, unlike bitcoin I can earn it online. So I think Bitcoin is really better.  Grin
I think that too mate but i think also in the other side we can easily say that bitcoin is better than gold because of the current value of bitcoin but if you think for long term i will give my trust in gold. Gold exist for more decades or century and the investor is continuous getting profit on it.
hero member
Activity: 1078
Merit: 501
June 08, 2017, 07:57:19 AM
So Bitcoin is better than Gold? Roll Eyes

Bitcoin is better only for short-term investments, this has already been discussed more than once. And gold has always been and will be a valuable asset even in the event of a collapse.
I don't think that bitcoin is only profitable for short term investment because what can you say to the people who are holding their bitcoin for long term? Not profitable? Bitcoin is designed either short or long term and they are both profitable and it always depends on the price that you bought but if you want to be on a profitable and safe investment then long term is the best and i can say about gold is, it will just give you slow profit.
There are many who make threads like this and there are many differences between them but I think bitcoin is long term, which I worry about when there is a dump of bitcoin holders will feel panic sell, it's not good for the short term because bitcoin will go back up although it takes time, you should know if you held bitcoin last year how much your profit you can even exceed 100%.
Bitcoin can also make it in long term, I don't think bitcoin is just for short term, a long time ago bitcoin started and until now bitcoin is still here, and until now it increases its value. So I think we can trust bitcoin in a long run so it is better to invest today. Gold is also good,  but bitcoin increases and I don't think I can have gold, because right now I don't know how to have a gold, unlike bitcoin I can earn it online. So I think Bitcoin is really better.  Grin
full member
Activity: 145
Merit: 100
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June 08, 2017, 07:40:01 AM
So Bitcoin is better than Gold? Roll Eyes
Bitcoin has almost left gold in the dust.
When gold price rises,the supply of gold can be expected to increase by mining more gold.Hence the price of gold will not increase more.
But even when bitcoin price increases,the supply is limited and remains the same.So its value would increase more.
Bitcoin could be transformed from one part of the world to other within minutes at a lower cost.But we could not even imagine that gold could be done so.
The increasing distrust of national currencies have pushed people towards bitcoin and not towards gold.
So in most aspects,Bitcoin is better than gold.

Bitcoin is better than that where there is an opportunity to connect to the Internet. Because of its unstable prices, most people still prefer to invest in gold.
hero member
Activity: 490
Merit: 500
June 08, 2017, 07:28:01 AM
So Bitcoin is better than Gold? Roll Eyes
Bitcoin has almost left gold in the dust.
When gold price rises,the supply of gold can be expected to increase by mining more gold.Hence the price of gold will not increase more.
But even when bitcoin price increases,the supply is limited and remains the same.So its value would increase more.
Bitcoin could be transformed from one part of the world to other within minutes at a lower cost.But we could not even imagine that gold could be done so.
The increasing distrust of national currencies have pushed people towards bitcoin and not towards gold.
So in most aspects,Bitcoin is better than gold.
sr. member
Activity: 630
Merit: 251
June 07, 2017, 03:01:19 PM
So Bitcoin is better than Gold? Roll Eyes
Yes, for me bitcoin is better than gold. Even there is no physical on bitcoin, many investors wanted to invest bitcoin because they know that they will really earn profit on it. There is a huge different between bitcoin and gold now so it's not good to compare bitcoin in gold because gold is so far to reach bitcoin.
yeah right bitcoin is very better than gold and also more secure as compare to gold, through investment in bitcoin your money in very increase and more profitable in just a minimum time because the price bitcoin is increased day by day, suppose and you have invested money in gold your money is not increase in short time they can take a long time so for me bitcoin is more better than gold.
legendary
Activity: 1512
Merit: 1000
June 07, 2017, 01:00:37 PM
If someone were to give me say, $10K US and said, "This is all yours, but you have to use it all today to buy either gold or bitcoin and hodl whichever one you buy for at least 20 years." I personally would buy bitcoin. My decision would be based on risk-reward. Sure, gold has relatively and significantly much lower risk than hodling bitcoin as pointed out in many above posts. However, the potential reward as far as future value of that $10K worth of bitcoin today is much, much more higher than that of gold - just my amateur humble opinion, of course. And if it were my own $10K that I earned, I would still choose bitcoin for the same reasons.
hero member
Activity: 2408
Merit: 584
June 07, 2017, 12:27:20 PM

Of course when it comes to transfering.Bitcoin is way much better than gold because you can transfer it all over the worlds in just a short period of time.And it is impossible for golds to do that because it is an actual material that needs to be transferred by the use of different vehicles.Unlike bitcoins that just needs internet.

yes you are right bitcoin is better than gold in term of transferring that bitcoin can be transfer very easily as compare to gold but not only this benefit bitcoin is offering, actually bitcoin is offering something new and more beneficial like in term of investment the bitcoin investment is more profitable as compare to gold because of increasing price and also the other benefit is that bitcoin is more safe as compare to gold in terms of security.
sr. member
Activity: 546
Merit: 250
June 07, 2017, 11:23:35 AM
Of course when it comes to transfering.Bitcoin is way much better than gold because you can transfer it all over the worlds in just a short period of time.And it is impossible for golds to do that because it is an actual material that needs to be transferred by the use of different vehicles.Unlike bitcoins that just needs internet.
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