Topic: Why people says gold is better? - page 111. (Read 11715 times)
It must be recognized that gold is an investment received almost 100% of people in this world, all countries make gold as a measure of wealth and foreign exchange while bitcoin may not be up to 5% of the world's population who use.
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?
A person can see gold with his own eyes, but we can not see Bitcoin. According to this, some people just do not realize what it is and why such a big price for Bitcoin. 
People say gold is better because they are naive. Yes gold is better than FIAT money in terms of everything that relates to money. But gold still has problems, we mine more and more of it every year, and you can actually tamper with the properties in gold via melting it and adding in other metals, thus changing the properties of it, but still selling it for the same value.
Because gold is old school, they believe in gold because it's physical, they can hold it, there is physical interaction. When we compare gold to bitcoin there are may different, many advantages of gold to bitcoin or bitcoin to gold.
gold is more popular and legal in all country so gold is way better than bitcoin. Gold is most stable than bitcoin and gold is more higher value than bitcoin.
You are comparing orange and apple dude
Btc is a currency, today gold is mainly a safe haven, people use it to store their asset, not to use it as a currency
Gold is still the most stable out there to store your asset agains inflation and political uncertainty
Btc is a currency, today gold is mainly a safe haven, people use it to store their asset, not to use it as a currency
Gold is still the most stable out there to store your asset agains inflation and political uncertainty
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?
A person can see gold with his own eyes, but we can not see Bitcoin. According to this, some people just do not realize what it is and why such a big price for Bitcoin. Because people just don't understand what is it btc
Even when people understand about bitcoin, some of the features that bitcoin has got keeps the users to be in hesitation whether to use it or not. With gold such a thinking never exists because of the security it provides for the person who hold it for various purposes. 
Gold has a number of clear advantages over crypto currency. This is primarily the security of gold itself as a commodity. Gold, due to the fact that it is still metal, has its value. Crypto-currency does not have its value as a commodity, its value consists only of the level of demand for it.
Gold has a greater liquidity compared to the crypto currency. That is, gold can be exchanged for ordinary paper money anywhere in the world, and crypto currency can be used as a means of payment not everywhere.
The safety of storing crypto currency is still lower than gold. Crypto currency is quite often and successfully subjected to hacker attacks,
While theft of gold from storage facilities is extremely rare.
Crypto currency is highly dependent on the level and, in general, the availability of technology. If you disable the Internet, the whole system will immediately crash, and the financial system will be completely unbalanced. With gold, this can not happen.
However, the crypto currency has several advantages over gold. They are further destined to exist in parallel and we will be able to see for themselves the merits and demerits of these means of payment and storage of value.
Gold has a greater liquidity compared to the crypto currency. That is, gold can be exchanged for ordinary paper money anywhere in the world, and crypto currency can be used as a means of payment not everywhere.
The safety of storing crypto currency is still lower than gold. Crypto currency is quite often and successfully subjected to hacker attacks,
While theft of gold from storage facilities is extremely rare.
Crypto currency is highly dependent on the level and, in general, the availability of technology. If you disable the Internet, the whole system will immediately crash, and the financial system will be completely unbalanced. With gold, this can not happen.
However, the crypto currency has several advantages over gold. They are further destined to exist in parallel and we will be able to see for themselves the merits and demerits of these means of payment and storage of value.
Buying an actual physical gold may be a good idea though you will have to spend for safe storage and have to physically sell it when you need money for something. Buying bitcoin or any cryptocurrency for that matter is less-hassle way. It's value is increasing and you can always bring your wallet with you on your phone or laptop. It is never too late to invest. For me, the best is Ethereum! It has proved to be the best in terms of security and value. You may check all information you need about security on wallet, Smart Contracts, etc. on their whitepaper on this link: www.propthereum.io
Some people says Gold is better than bitcoin because of its high value from a very long time even from the time of Darkness. Bitcoin is new currency for some people, in future people will says bitcoin is better because of it high value and high secure system and easy transaction.
I would say that gold is better to a lot of people because the mass population knows what gold is and it is a tangible asset. Bitcoin is still in its infancy and once the population starts catching onto bitcoin, it could be the currency standard.
The people who giving more importance for safety then the gold is the best option to invest. But if people gives more importance for profitability the best option is bitcoin. There is a risk held on it I'm agreeing that but it is the best way to earn more money in a single investment by careful handling of Bitcoin. Success is always with the person who have brave to take the risk. Now a days most of them prefer to take a little risk to gain more from their investment.
Some people feels gold is stable than bitcoin,but bitcoin is best investment plan than bitcoin.bitcoin can exchange and it is good for earning profits.
Simple answer to this is the age of gold. Gold has been far more senior than btc. It has been instructed in the mindset of people that an investment in gold never goes to waste because ultimately the price of gold will increase with flux of time. Moreover it still thought to be better than btc because it is tangible. These are the traits which still attract a few people towards gold.
I am not same to the title and I don't understand how can gold be better than bitcoin. There are huge usages of bitcoin whereas gold can't do this. So, the idea, gold is better than bitcoin is totally wrong.
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?
A person can see gold with his own eyes, but we can not see Bitcoin. According to this, some people just do not realize what it is and why such a big price for Bitcoin.
Gold and bitcoin have a different market. As we know bitcoin is more popular than gold for in price so there's no reason if bitcoin as the best payment for transaction.while gold as the Sacred jewelry like to marry or gifts. If you have girlfriend of course you will give her a jewelry rather than btc. So i think gold is better than btc for to make someone happy
Gold is prefered by many because we can spend our gold anywhere where you want. It is accepted by every country. It has a good market value. But if you see on another side then you may see that BITCOIN is now king of digital marketing. If you know how to invest in crypto currency then you will never thing of gold. It is safe and secure and has a good market value too. It will soon be a Hero of transactions.
Maybe because they often see the value physically in gold that bitcoin has none.. It’s an open secrets that gold is manipulated by government for they’re own good that’s why mostly those who have this are the riches and the influential people.. We can’t blame those ordinary to think this way because we are even brainwashed by the educators about respecting the law that is obviously selective,, only the ordinary like us will be inprison having a gold bar and the opposite will have it illegally or not they can’t be suspicious..
Investors boost the amount of gold in their portfolio as uncertainty increases, making fear the key medium to short-run driver, Goldman said. Wealth is the long-term driver, especially in emerging markets such as China, where growing income levels over the next few decades will support prices, it said in a report. :- 
Bitcoin has put in a phenomenal performance this year, soaring toward $6,000 after starting the year around $1,000. In contrast, gold is up 12 percent. The bank listed several characteristics to compare them, adding that it’s focusing on the currency, not the blockchain technology.
Unit of account: Gold is better at holding its purchasing power, and has much lower daily volatility. Bitcoin/dollar volatility has averaged almost seven times that of gold in 2017, the bank said.
Bitcoin has put in a phenomenal performance this year, soaring toward $6,000 after starting the year around $1,000. In contrast, gold is up 12 percent. The bank listed several characteristics to compare them, adding that it’s focusing on the currency, not the blockchain technology.
Unit of account: Gold is better at holding its purchasing power, and has much lower daily volatility. Bitcoin/dollar volatility has averaged almost seven times that of gold in 2017, the bank said.
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