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Topic: So Bitcoin is better than Gold? - page 97. (Read 53458 times)

sr. member
Activity: 490
Merit: 250
June 07, 2017, 10:45:58 AM
Bitcoin has same function as gold in terms of storing wealth. Bitcoin is a modern investment instrument, more practical because it doesn't need a strong or big place like investing in gold.
newbie
Activity: 17
Merit: 0
June 07, 2017, 10:24:02 AM
Bitcoin is a functionally refined form of gold. Choosing the bitcoin investment, you have a guarantee that your savings will not be lost because of the devaluation, you can be sure that the state will not be able to access your account in any way.
sr. member
Activity: 423
Merit: 250
June 07, 2017, 09:15:04 AM
So Bitcoin is better than Gold? Roll Eyes
I think this question is asked many times here. But to tell you, bitcoiners will say bitcoin is better than gold because they know its benefits, other people will say gold is better because they think bitcoin is a scam. But both have its own capabilities and limitations. Gold is more established and stable than bitcoin while bitcoin is more accessible and secured than gold, they also have different values and usage. It is up to you to pick what is more convenient.
hero member
Activity: 672
Merit: 500
June 07, 2017, 09:08:46 AM
In my own opinion, not necessarily. Both have its advantages and disadvantages. In some points, the other is better than the other. For example, bitcoin is better in terms of supply since its supply is fixed and known by everybody and not inclined to suffer disinflation. While gold can overproduce and lessen its value. But Bitcoin’s downfall can also be attributed to its medium. Not all government can be welcoming to this new currency and can shut down the internet in their country using “safety” or some other shit as an excuse. Or it can be a real hassle if you are in a middle of transaction when there’s a sudden blackout. And gold doesn’t really suffer these technological problems and cannot be disrupted by weak wifi connection. Or maybe Bitcoin can overthrow gold or maybe they can co-exist together, or maybe Bitcoin is becoming better than gold.
sr. member
Activity: 350
Merit: 250
May 29, 2017, 09:48:11 AM
At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.

Exactly gold is way much better than bitcoin because if we compared two of them on the basis of stability, gold always win and best source of investment with less risk. As we all see few days back bitcoin drop from 2700$ to 1900$ which is very big loss for those who bought bitcoin at 26-27 hundred $. So i always prefer gold over bitcoin.
IF you are scared of losing money, I suggest you should never be here, buy as much gold as you want and wait for the price to go up lol. Bitcoin is a revolution to the world, it is new and we have to accept the price need to go up and down
newbie
Activity: 17
Merit: 0
May 29, 2017, 09:46:29 AM
I think this is an issue of personal preferrence, some prefer the solid cold, more stable gold while others prefer the digital more volatile BTC, Regarding price comparison, BTC is worth more than gold's oz now, but the stability and the different principles is that broad that comparing them two is meaningless.
newbie
Activity: 15
Merit: 0
May 29, 2017, 09:30:55 AM
So Bitcoin is better than Gold? Roll Eyes
I'm not sure Bitcoin is better than gold, but I realize that some of the benefits that Bitcoin can bring that gold can not do is that you can not use gold to pay but Bitcoin does. Besides, Bitcoin helps me to make more money while gold is not possible. If gold last month instead of you invest in gold that invest in Bitcoin then you probably now become billionaire then. Finally, it is undeniable that gold is very stable so investing in gold is not a bad decision. Grin;D;D
newbie
Activity: 17
Merit: 0
May 29, 2017, 08:10:54 AM
So Bitcoin is better than Gold? Roll Eyes

In some sense yes. Gold and diamond are unfairly distributed. BTC can be fairly distributed.
full member
Activity: 196
Merit: 100
May 29, 2017, 07:52:41 AM
Bitcoin can be transferred to other countries in two to ten minutes
Gold can't
sr. member
Activity: 1316
Merit: 356
May 29, 2017, 07:27:58 AM
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.
sr. member
Activity: 1778
Merit: 309
May 29, 2017, 06:48:44 AM
Bitcoin is better than gold if you are looking for a profit which is fast in bitcoin and if you want a new currency then bitcoin is better than gold and there is already a lot of improvements for bitcoin which makes it even better.
sr. member
Activity: 840
Merit: 250
May 29, 2017, 06:31:17 AM
Gold will always have its value on the market, while BTC is not 100% stable. However BTC is growing fast and starting to get its place at official currency list in some countrys why it will probably grow even more.
So gold is safer, but with BTC you have more options to make it worth your wild. Smiley
hero member
Activity: 518
Merit: 500
May 29, 2017, 06:05:22 AM
At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.

Exactly gold is way much better than bitcoin because if we compared two of them on the basis of stability, gold always win and best source of investment with less risk. As we all see few days back bitcoin drop from 2700$ to 1900$ which is very big loss for those who bought bitcoin at 26-27 hundred $. So i always prefer gold over bitcoin.
The answer would depend on who you are asking. If you ask a trader who is looking to make quick gains, I think the obvious answer at the moment is bitcoin. Even in the short term, bitcoin has been performing better, but if we are to look at the overall stability and value, then no doubt, gold would win over bitcoin. Better to just have the best of both worlds as the two of them have had great value compared to other investments available.
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
May 29, 2017, 05:07:09 AM
At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.

Exactly gold is way much better than bitcoin because if we compared two of them on the basis of stability, gold always win and best source of investment with less risk. As we all see few days back bitcoin drop from 2700$ to 1900$ which is very big loss for those who bought bitcoin at 26-27 hundred $. So i always prefer gold over bitcoin.
legendary
Activity: 1540
Merit: 1003
May 29, 2017, 04:59:02 AM
At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.

Gold is known and being used for a long time and we know which one is older and which is new.

Bitcoin cant be compared to gold by age but I can say that bitcoin is in a good path to have a greater success and I believe that it will be more successful crypto coin in the following years.

Gold is harder to be managed especially if it is physically but if it is virtually then it's better but still bitcoin is easier!
sr. member
Activity: 532
Merit: 280
May 29, 2017, 04:49:52 AM
At the current value we can say that bitcoin is much better than gold, but for stronger or stable investment i think gold is much dominant. We all know that gold is much secured investment and less risk than any other form of investment.
newbie
Activity: 96
Merit: 0
May 29, 2017, 04:49:15 AM
Yes i agree it's currently better than gold an doing very well in the trades market but it shouldn't give room to underestimate gold because it holds the record of being tried and tested over the years of human existence whereas Bitcoin is barely ten years old.
We are not underestimating gold.. It's also good to invest in gold, but one thing for sure, investing in BTC is best for now
sr. member
Activity: 1274
Merit: 263
May 29, 2017, 04:33:45 AM
If you ask me I think both is good investment. Investing in gold and bitcoin have benefits and advantage. This two the price is increasing. But the bitcoin price increase fastly but they also decrease fastly. If you invest in gold the price also increase but you can wait more time . So its better if your money invest in gold and bitcoin . And after few years maybe you will become reach if you invest big capital. Many investor invest in bitcoin and gold .
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
May 29, 2017, 04:24:14 AM
Yes true, for now I'll say bitcoin is better than gold and all other investments such as property, silver, stocks and so on. can't argue with bitcoin we could generate up to 100 bitcoin% in just 1 month.

No doubt that bitcoin is better than gold and that's why I'm here. I know that many will say that gold is better than bitcoin and they are those people that are lacking of knowledge when it comes to bitcoin. I like the anonymity of bitcoin and it's very secured, you only need to have a good source of it and invest for better return.
sr. member
Activity: 938
Merit: 256
May 29, 2017, 03:45:08 AM
Of course, if reviewing the financial functions of bitcoin tends to be better than gold, though gold is a precious metal that has legality and is popular in many countries.
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