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Topic: Why people says gold is better? - page 18. (Read 11686 times)

newbie
Activity: 92
Merit: 0
March 25, 2018, 11:08:43 PM
I think gold is more stable than Bitcoin , a long-term investment , not better than Bitcoin. Bitcoin has a huge profit if you're investing in it but it could turn into a huge loss so that's why people say it has a huge fluctuation.
For me people says that gold is better on bitcoin because the value of gold is more stable over the bitcoin value and i think people says that gold it better because we all know that gold is tangible compare to bitcoin, but for me bitcoin is still more better because the value of bitcoin can reach even more than $25k before this year is we will end.
I think not a value to be considered, but gold is an investment that can be accepted by humans on earth, when it takes money then we can mortgage, the value of gold will never disappear even in conditions of war, even enemies in the war will deal with gold.

Because gold increase its value constantly every year its a very safe kind of investment but need a big amount of capital for this kind of investment while in bitcoin will change its value rapidly and unexpectedly from time to time, but gold is more risky regarding the security of life, because there is a possibility that you will be hold up  by robbers, while bitcoin is zero possibility.
full member
Activity: 350
Merit: 108
March 25, 2018, 10:42:43 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?
bitcoin and gold can not be equated, it's very different. bitcoin is a virtual currency or not real and the price is very volatile while gold is a tool or a real object that looks its shape is widely used as a jewelry and the price is very stable but continues to increase.
full member
Activity: 1484
Merit: 101
March 25, 2018, 10:41:39 PM
I think gold is more stable than Bitcoin , a long-term investment , not better than Bitcoin. Bitcoin has a huge profit if you're investing in it but it could turn into a huge loss so that's why people say it has a huge fluctuation.
For me people says that gold is better on bitcoin because the value of gold is more stable over the bitcoin value and i think people says that gold it better because we all know that gold is tangible compare to bitcoin, but for me bitcoin is still more better because the value of bitcoin can reach even more than $25k before this year is we will end.
I think not a value to be considered, but gold is an investment that can be accepted by humans on earth, when it takes money then we can mortgage, the value of gold will never disappear even in conditions of war, even enemies in the war will deal with gold.
member
Activity: 238
Merit: 11
March 25, 2018, 10:19:36 PM
People may not have enough knowledge about the potential of bitcoin if they think gold is better. Gold has been a standard currency for centuries, its value is very stable unlike bitcoin which is volatile and unexpected.
Especially to people that do not have understanding of technology, they tend to cling on older practices and belief and unfavor new ones most of the times.
full member
Activity: 392
Merit: 100
March 25, 2018, 07:41:15 PM
I think gold is more stable than Bitcoin , a long-term investment , not better than Bitcoin. Bitcoin has a huge profit if you're investing in it but it could turn into a huge loss so that's why people say it has a huge fluctuation.
For me people says that gold is better on bitcoin because the value of gold is more stable over the bitcoin value and i think people says that gold it better because we all know that gold is tangible compare to bitcoin, but for me bitcoin is still more better because the value of bitcoin can reach even more than $25k before this year is we will end.
member
Activity: 224
Merit: 12
March 25, 2018, 07:29:19 PM
Why gold not be used as a tool payment? this is because the price of gold very high and when the gold used as a payment of Bentuk gold would like a coin and in one coins could be the price of her would hundreds of dollars, and people said gold better is oran fearful of a loss in bitcoin because the price bitcoin fluktuatif and people who do not feel advantage in bitcoin.
full member
Activity: 252
Merit: 100
March 25, 2018, 07:23:01 PM
I think many people choose gold investment because it is quite stable and very safe. The value of gold will increase over time. Bitcoin value is not stable. Bitcoins are virtual currencies and are high in value, so many people will feel anxious because they are afraid of the risk of investing in it quite high.
member
Activity: 294
Merit: 10
March 24, 2018, 10:53:29 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?

Gold is a really good investment but the problem is that, most of the people are earning more cryptocurrency more than fiat because it was easier to obtain and gold is really hard to get that's why the volume of bitcoins is much more than gold.
newbie
Activity: 140
Merit: 0
March 24, 2018, 09:59:05 PM
Gold looks very old, and the currency as a kind of new technology application, rather than the legal currency even cash is a dimension, the currency is unique among all the tokens, first is undoubtedly its algorithm to ensure its limitation, it similar to the natural limitations in gold. Bitcoin is the virtue of decentralization and anonymity.

I think the future of bitcoin will be better than gold.
newbie
Activity: 241
Merit: 0
March 24, 2018, 05:40:18 PM
Well there are some reasons.First will be the fact that gold never lost and will not lose his value while Bitcoin can reach certain prices because it is a currency , it's normal because the market, in general it's unstable for each cryptocurrency.Also a good investition is to buy a field , domain.You can use it in the future and it doesn't lose it's value.
Yes gold is better for future investment but bitcoin is best than gold because bitcoin price is more increase  than gold, if you buy gold for investment so its price will very slow high and that's why you will get your profit after many years, but if you invest your money in bitcoin so it will very beneficial because bitcoin price is increase very fast, so those people who likes gold for investment they are actually didn't know about bitcoin and they need to complete knowledge.
No doubt that both have their own importance and we cannot ignore the importance of anyone. Gold is good for saving one can safe their assets in form of gold while bitcoin is best for investment and making money, because bitcoin can give you chance to make good money from it, because bitcoin price is expected to increase too much very soon.
I think it depends on the circumstances and conditions, if you want to invest long-term and have a very small risk it will be better you invest in gold because you will not be worried and worried about the price. but if you want to make short-term investments and get big profits then you'd better invest in bitcoin, because in addition does not require a large capital gains that you get is also very big even though the risk is very large.
hero member
Activity: 854
Merit: 500
March 24, 2018, 04:55:36 PM
Everyone who investing money in crypto is scared of his/her money but when we talking about gold almost eveyone ready to do this right now. It's because of trust and value.
newbie
Activity: 182
Merit: 0
March 24, 2018, 04:15:52 PM
I guess we can attribute this to the fact that the price of gold is more stable and more consistent than the price of bitcoin which means there is not as much risks in gold investments as there is in bitcoin investments.
legendary
Activity: 1120
Merit: 1000
March 24, 2018, 04:08:59 PM
Well there are some reasons.First will be the fact that gold never lost and will not lose his value while Bitcoin can reach certain prices because it is a currency , it's normal because the market, in general it's unstable for each cryptocurrency.Also a good investition is to buy a field , domain.You can use it in the future and it doesn't lose it's value.
Yes gold is better for future investment but bitcoin is best than gold because bitcoin price is more increase  than gold, if you buy gold for investment so its price will very slow high and that's why you will get your profit after many years, but if you invest your money in bitcoin so it will very beneficial because bitcoin price is increase very fast, so those people who likes gold for investment they are actually didn't know about bitcoin and they need to complete knowledge.
No doubt that both have their own importance and we cannot ignore the importance of anyone. Gold is good for saving one can safe their assets in form of gold while bitcoin is best for investment and making money, because bitcoin can give you chance to make good money from it, because bitcoin price is expected to increase too much very soon.
member
Activity: 420
Merit: 10
March 24, 2018, 03:58:43 PM
Well there are some reasons.First will be the fact that gold never lost and will not lose his value while Bitcoin can reach certain prices because it is a currency , it's normal because the market, in general it's unstable for each cryptocurrency.Also a good investition is to buy a field , domain.You can use it in the future and it doesn't lose it's value.
Yes gold is better for future investment but bitcoin is best than gold because bitcoin price is more increase  than gold, if you buy gold for investment so its price will very slow high and that's why you will get your profit after many years, but if you invest your money in bitcoin so it will very beneficial because bitcoin price is increase very fast, so those people who likes gold for investment they are actually didn't know about bitcoin and they need to complete knowledge.
hero member
Activity: 770
Merit: 500
March 24, 2018, 03:52:18 PM
Gold is better because it has existed on this planet for many years and it is hard to deny its benefits. Gold is still the best place to put your money in if you do not know what to do with it. GOld is stable and it also against the inflation. And old school people love physical gold than digital bitcoin
jr. member
Activity: 150
Merit: 1
March 24, 2018, 03:45:15 PM
Because its somethings tangible. People always wants something they can put there hands into literally. Gold is more stable of course compare to Bitcoin. But hey, you don't have to choose any of it. Choose both and enjoy the benefit of both. 2 is better than one when it comes into this.
hero member
Activity: 966
Merit: 501
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March 24, 2018, 03:15:36 PM
Well there are some reasons.First will be the fact that gold never lost and will not lose his value while Bitcoin can reach certain prices because it is a currency , it's normal because the market, in general it's unstable for each cryptocurrency.Also a good investition is to buy a field , domain.You can use it in the future and it doesn't lose it's value.
sr. member
Activity: 586
Merit: 250
March 24, 2018, 03:09:46 PM
I think gold is more stable than Bitcoin , a long-term investment , not better than Bitcoin. Bitcoin has a huge profit if you're investing in it but it could turn into a huge loss so that's why people say it has a huge fluctuation.
This is because the marketcap gold is very large, even the power of money from China will not be able to manipulate the price of gold, of course different from the bitcoin price can drop hundreds of dollars per hour so that people are afraid to keep in a long time.
full member
Activity: 325
Merit: 100
March 24, 2018, 02:50:47 PM
I think gold is more stable than Bitcoin , a long-term investment , not better than Bitcoin. Bitcoin has a huge profit if you're investing in it but it could turn into a huge loss so that's why people say it has a huge fluctuation.
Yes you are right, gold is more stable but with the profit itself, bitcoin really makes you earn more than what you can earn in gold, since in gold, the income is conservative and will not give you a profit just like bitcoin was doing.
member
Activity: 686
Merit: 39
March 24, 2018, 12:00:32 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?

I also watched a video on youtube about two guys that do an experiment by only using bitcoin to pay their expenses for 3 days.
Gold has been around for hundred years and recognized by many people. That's why many people says that gold is better because they don't fully understand how bitcoin works and still not familiar with it. Eventhough bitcoin has been around for a few years but it is still new to the world. I believe that it's just a matter of time for bitcoin and some other cryptocurrencies to be the next currency and recognized by many people.
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