Topic: Why people says gold is better? - page 112. (Read 11715 times)
At present, many people do not know the price of Bitcoin more than gold. Its demand is much more. Bitcoin risks so many. If they use it, they will be lost. There is a risk in bitcoin but profit is much more. Bitcoin receives many restaurants because it is safe and easy to operate. It does not accept gold because it is not safe to carry. Different trouble. And the exchange is very weird.
People often regard changes negatively, they are used to gold. They just do not want to perceive a new currency..
Gold you can hold in your hands, people understand that. However as you mentioned correctly, you can't chip a piece off and pay for dinner!
So its just time and acceptance...slowly but surely.
So its just time and acceptance...slowly but surely.
because bitcoin is new technology and gold was first trading money and till now have place but may be blockchain take it place in future
Because no matter what happens, gold will always be in demand. If the internet crashes and society collapses then Gold will still be needed while everything else will be useless.
Gold is the proven storage of wealth since thousands of years. Bitcoin is nice, but Gold definitely has the better track record.
Gold is the proven storage of wealth since thousands of years. Bitcoin is nice, but Gold definitely has the better track record.
Gold is better because people can`t make speculations easily with gold as it is with btc. Gold is the reserve of every currency thus it is very stable. Places don`t accept it as payment but you can exchange it whenever you want which is not same as btc.
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 hundred of years people have used gold as a type of currency and meterial that where ever you goi in the world you can spend it, but with the evelotion of civilization and the industrial revolution currencies changed from gold to papaer and coins and every country had its own currency, so gold became somthing that is used for jewelery and it being somewhat rare to find its price increased, this lead to people using it as a way to store a large amount of moeny while getting some profit, which made it an unbrakbale market and it had a stable price so investing in it was without any risks, bitcoin on the other had is still a new idea and was only founded 7 years ago, compared to the gold which has been valuabe as long as civilisation, and bitcoin not being cxontrolled by goverments and laws, means that it is unstable and unpredictibale, which makes it somewhere risky, but i am sure in the future bitcoin would become the new age gold, and everyone would invest in it. 
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?
Gold is we called like a ancient coins because in the older year and generatiin we know that the gold for now is still alive and expensive unlike the bitcoin. Yeah, bitcoin is very rapid the price rising up and dropping low. Thats why gold is better than bitcoin because gold is forever and alive until now and the price is still expensive and the bitcoin is still expensive and alive but only in the internet so if the time comes when have no electricity or internet the bitcoin is disappear 
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?
I don't really think people actually try to see gold as a payment method. They probably think gold is better because it is more stable than bitcoin, and it's safer because it's not dealing with regulation etc. It's something they know for years, and they automatically consider it as a safe investment.
Also, don't forget that gold is well defined. It has a value as a metal, and that is why it is considered an investment. Because it's a rare metal that people consider valuable.
Bitcoin is way better than gold in terms of potencial and usability. But since it can do many things, and it's still so recent, people don't understand it very well. Bitcoin could be a use as a currency, but right now it's not useful for that, because it's volatile, and blockchain can't scale well. It can be used as a store of value, but it's still facing regulation problems, some people still see it as a "shady program" they don't understand.
I think it's this uncertainty that makes people say that gold is better than bitcoin. They know gold well, and they don't quite understand bitcoin yet. If this gets solved with time, then people will most likely prefer bitcoin to gold, because they will understand it's value, and will see that it's much easier to use, when compared to gold.
They are saying gold is better because gold is not volatile and it has a stable market's price which is a good investment for those people who doesn't want risky type of investment and if they want to have a comfortable investment then they can just invest in gold and have a safe place for their gold to be safe from any risk too.
You're right, the price of gold always increases with time. however, gold is a fun investment. besides, gold is also cash, and of course it's more elegant compared to bitcoin for now. but, most investors see bitcoin as a lucrative investment
They are saying gold is better because gold is not volatile and it has a stable market's price which is a good investment for those people who doesn't want risky type of investment and if they want to have a comfortable investment then they can just invest in gold and have a safe place for their gold to be safe from any risk too.
Because they do not know cryptocurrency that much, and they rely on the old system too much. They have little value for technology and always get themselves attached to primitive means. That is what I think why these peole says gold is better.
I think because of what are they holding is gold and they didnt even know bitcoin, and the common finances and their riches are gold, but i think if they will know bitcoin and they will think that it will be used as their income, for sure they will know the true essence of bitcoin.
People says gold is better. Because, it is the most popular precious metal in our world.People generally know the details of it.I think all people in world know about gold.On the other hand,Bitcoin isn't much popular. But it is a popular issue in a few countries which people are connected to this forum.But there are maximum people of the world don't know about it.For these things, people says gold is better
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 me bitcoin still better than gold because seen from the exchange rate of gold and bitcoin very much different, maybe they do not know about bitcoin so they say that gold better
Let's say both are valuable BUT! Gold is much better when it comes to investment as Gold is use for many things. Both have values but Gold is tangible and Bitcoin is not, just by that reason makes Gold a better asset because trading of it has been around 600 BC and it is proven much more effective and reliable for so many things. If a world war broke out, Bitcoin will be considered useless as it uses the internet to function but Gold is physically touchable so it would be use in a situation like this.
I think why other people saying that gold is better because of its rarity too hard to have it or get it and theres a lot you can do in gold like jewelries that all rich peole always wearing to show how their life is already at the top and for them it is better to have a gold because this is also showing their wealth. and like others said gold is one of our first currency or first money that we use to buy foods and cloths and also to own a land or properties. Thats why other people still believing on gold
Traditions. And nothing more. In future it may be some changes in our heads, but not now.
Yeah, because we used to lived with golds before but in the future it will be replaced by bitcoin for sure. Gold is better because everyone knows about this around the world and bitcoin are not yet recognized by ordinary people but i believe in the future of btc.
Because they do not know what bitcoin and then say gold is better than bitcoin because they have not tried it and they do not know the bitcoin benefits.
when you say A is better than B, you must provide the basis in what context
from spending point of view, BTC would be better than GOLD
but from investment point of view, some would say BTC is better, the rest would say GOLD is
so those who believe long lasting of intangible asset of BTC will pro to BTC is better
and those who believe in something real tangible asset will say GOLD is much better
noone is absolutely correct or wrong, it's simply a matter of personal beliefs and principles
both would yield good profits as long as you do necessary precautions accordingly
from spending point of view, BTC would be better than GOLD
but from investment point of view, some would say BTC is better, the rest would say GOLD is
so those who believe long lasting of intangible asset of BTC will pro to BTC is better
and those who believe in something real tangible asset will say GOLD is much better
noone is absolutely correct or wrong, it's simply a matter of personal beliefs and principles
both would yield good profits as long as you do necessary precautions accordingly
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