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Topic: Why people says gold is better? - page 11. (Read 11715 times)

sr. member
Activity: 924
Merit: 275
April 01, 2018, 07:56:27 AM
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
The main reason is because gold is more popular than bitcoin! The gold also proved that the price of it is rising up because of the demand of the people. I think it is the reason why many people are saying that gold is more good investment than bitcoins.
newbie
Activity: 65
Merit: 0
April 01, 2018, 07:43:23 AM
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?

many people prefer gold because it is physically and popular, maybe person dont know about bitcoin so much.
newbie
Activity: 154
Merit: 0
April 01, 2018, 07:28:31 AM
Really it is true that some people are saying gold is better than bitcoin. Because I think gold is valid in every country and its touchable. Everybody can see gold. But bitcoin is not touchable and everybody can't see this. So some people says gold best.
full member
Activity: 434
Merit: 100
April 01, 2018, 07:23:18 AM
In my opinion, technically gold is tangible and most of the individuals do believe more into tangible things. Why gold is better than bitcoin or other cryptocurrency? The age affects this a lot. Gold has been older than us and has been known to be costly and has limited supply which is believed that holding it is actually profitable which is profitable. Bitcoin and other cryprocurrency are new eventhoigh it has been here for a year because of the adaption stage but when certain amount of individuals do so, I believe bitcoin would be known to be better. Gold needed to be bought by a lot of people so that its value increase so that those who have a huge chunk of it benefits just like bitcoin. Either of the is a good investment, matters only where do you believe on those two.
jr. member
Activity: 350
Merit: 2
April 01, 2018, 06:14:54 AM
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
Well for me gold is better than anything not all. Because gold has a lot to do, it can change the lives of every person saying that gold is very important
newbie
Activity: 89
Merit: 0
April 01, 2018, 06:13:22 AM
They think gold is the best because it is very precious. high value. does not change over time. Buying gold to hoard is a very safe and profitable investment over time. In contrast, bitcoin is less well known and its value is unstable, so many people think that gold is better.
i realy think the same, many people are worried about investing in bitcoin because the price is unstable, whereas gold has a stagnant and safe exchange rate to be stored for a very long time, gold is also beautiful to wear
newbie
Activity: 98
Merit: 0
April 01, 2018, 06:04:09 AM
They think gold is the best because it is very precious. high value. does not change over time. Buying gold to hoard is a very safe and profitable investment over time. In contrast, bitcoin is less well known and its value is unstable, so many people think that gold is better.
newbie
Activity: 154
Merit: 0
April 01, 2018, 04:31:25 AM
Gold can also be bought for long-term investments. Can be in the form of jewelry, gold bars, and coins.
The advantage is investing with gold that is not affected inflation. In fact, the selling value tends to increase every year. The difference between the purchase price and the selling price is the profit opportunity. Not infrequently, gold savings are used for future planning.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
April 01, 2018, 04:23:44 AM
Gold is better as a asset. But not better for payment. It can mortgage but you can spend it for anything.

Many people people gold better than bitcoin because they see gold in real world and they can not see bitcoin except just number. I think its happen because not many people knowing about bitcoin or crypto and they know about crypto with bad news
They are not only seeing gold as a physical investment but they also know gold more than bitcoin because gold is really more popular than bitcoin and that is the advantage of gold and since it is easy to understand gold rather than bitcoin then that is also a reason why bitcoin is not that popular and not a real priority of the people in terms of investment.
member
Activity: 798
Merit: 10
April 01, 2018, 02:52:23 AM
Gold is better as a asset. But not better for payment. It can mortgage but you can spend it for anything.

Many people people gold better than bitcoin because they see gold in real world and they can not see bitcoin except just number. I think its happen because not many people knowing about bitcoin or crypto and they know about crypto with bad news
jr. member
Activity: 161
Merit: 1
0xf54CA5618b90810722B0e833DC150a97743A40B4
April 01, 2018, 02:45:00 AM
At this moment, Gold is better cos it is a commodity that everyone on this planet will not refuse.

But this will change eventually. Crypto will eventually take over its place but before it does, crypto will be cheap and we can accumulate.

By the time crypto overtakes gold and other assets, the prices of cryptos will be sky high and will be exactly like all asset class and can only return

you anywhere from 5-10% annually...

So ignore those naysayers and believe in what you believe and buy crypto!
full member
Activity: 518
Merit: 101
April 01, 2018, 02:39:36 AM
okay maybe bitcoin is good but we don't know the price tomorrow but if i'm investing with gold the price always growing but slow movement
full member
Activity: 1050
Merit: 100
April 01, 2018, 02:36:35 AM
probably most people say if gold is better than bitcoin there is a reason
1. the person does not know what bitcoin is
2. investing in gold will not make us a lot of losing money different from bitcoin that has a very big risk
full member
Activity: 504
Merit: 101
April 01, 2018, 02:11:02 AM
Maybe because gold has a real physical form so most businesspeople tend to use it in investing and most likely gold is more popular in the future along with the increase of enthusiasts.
sr. member
Activity: 1236
Merit: 252
March 31, 2018, 05:04:31 PM
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?


for long therm i like gold, today for short investing i prefer like bitcoin. maybe people dont know about bitcoin
I think you too not have much info  about bitcoin as you are saying is not very good according to the bitcoin, bitcoin is the best investment if you hold it with patience for long time, price of bitcoin get very high but it takes time, patience is the only thing which will give you profit and it will get very high but you will wait and hold, panic selling is all the time full of lose only, gold it not better than bitcoin , now gold is not safe, it grow after very long time with very small profit, it is an old fashioned investment but it is new and digital are so best investment is only bitcoin.
newbie
Activity: 114
Merit: 0
March 31, 2018, 08:25:52 AM
The price level of each currency of each country is dependent on the amount of gold they have on each country. So it is safe to assume that gold is better than bitcoin. Gold is the base of that countries wealth and also the currency since the discovery of it.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
March 31, 2018, 08:24:06 AM
gold has value on its own, and it is more stable than BTC.
Yes, that is the reason why people chooses it over bitcoin, especially those people didn't have much knowledge about bitcoin. They choose the more stable and the lower risk type of investment but they didn't know that even bitcoin is a high risk investment, it can still give a lot of profit over losses. It just take a lot of patience in studying before you can get the rhythm and start earning profits.
newbie
Activity: 106
Merit: 0
March 31, 2018, 03:30:27 AM
Gold is better as a asset. But not better for payment. It can mortgage but you can spend it for anything.
member
Activity: 202
Merit: 18
March 31, 2018, 03:29:24 AM
gold has value on its own, and it is more stable than BTC.
hero member
Activity: 980
Merit: 502
March 31, 2018, 03:15:56 AM
Actually today I watched a video on facebook which is about spending bitcoin and gold in USA,it says it is difficult to spend bitcoin but some places are accepting bitcoins accepting as payment like supermarket,restaurants and some institutions.But no one accepting gold as payment then why still people says gold is better?
It’s true that bitcoin has defeated gold In terms of price But still I do believe that cold is better than bitcoin and prefer holdings of cold over holdings of bitcoin because firstly, Goldies be more popular than bitcoin and cold also has way more users than bitcoin. Gold is a stable form of currency because of which its value does not fluctuate off and whereas bitcoin is notStable form of currency because of which its value keeps on fluctuating. People trust gold where as they don’t trust.
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