Topic: Why people says gold is better? - page 2. (Read 11715 times)
Because it has thousands of years of history as a store of value. Old habits die hard
Gold is already proven and tested by time, Remember during the first civilization until present it has signifacant role in trading purposes and the value are remains precious while bitcoins are unpredictable, It is like a bubble that burst up in just a couple hours and the fluctuations are very fast...it can reaches up to the peakest level and drowned down in just a shortest span of time..
The reasons are just a lot, first gold with us is not one thousand years, secondly gold does not grow anymore, with each year its extraction is more and more difficult, in the third people and banks will pay with pleasure for it, and as a bonus they are jewelry, always desirable and as a sign of status.
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?
yes, it's true, bitcoin can spend in many transactions, but gold is stable price today.
Those who know more about Bitcoin and its price fluctuations will always say that Bitcoin is better than gold. On the other hand, those who listen to the bank/government propaganda against Bitcoin will put their faith in gold first.
Many people in this world is still says that gold is better because until now the price of bitcoin is not starting to pump or increase very high, but i am sure when the price of bitcoin start to pump, many people in this world will now say that bitcoin is more better can be the future. it's not true.I am not agreed with you.how can gold be better instead of bitcoin?take a look at bitcoin chart and gold price.you will understand which one is good.
maybe gold is better than bitcoin because gold has no risk. If you invest in bitcoin most likely it is very risky. now see what bitcoin graphs happen with bitcoin
I think there are still many people who believe in gold besides being used as a medium of exchange and capital accumulation is not surprising that today, many people still believe that investing in gold is much safer 
Gold is a lot older and trusted than Bitcoin. Most people around the world trust this asset and also it is supported by all the governments worldwide almost, while Bitcoin is not yet legalized or supported by most countries, and also banks dont accept it as a payment or deposit method.
Also gold price is somehow stable compared to the volatility of BTC.
Also gold price is somehow stable compared to the volatility of BTC.
Because as time pass by, the supply of gold will be gone because it is non renewable. Therefore the price will go high.
because gold is popular all over the countries. Higher value in the market. You can used it in form of jewelry.
Gold is a good asset to have but bitcoin is still much better than gold. I am very sure that they do not like or have bitcoin or they have so much gold in their big safe
There's a limited supply of gold and other precious metals in the Earth's crust. Meanwhile, in the case of cryptocurrencies, it's easy to create alternatives. That means there's effectively no control over supply at a macroeconomic level. and no intrinsic value due to rarity.
everything, both bitcoin and gold is good. Both can be used as a measure of one's wealth, as an investment commodity and a means of storing wealth. Only, they are not a good example if used as a means of exchange of payment or as currency. Gold has a physical form that will be troublesome if used as money as well as bitcoin whose value is not stable or very volatile, not suitable for use as currency.
I am a Bitcoin lover. But gold is better than bitcoin. People choose gold for various reasons. And Bitcoin is a digital currency with no physically form we can't protect it we just all depends on wallet's security.
Why do people say gold is better? because they think that gold prices are more stable and can be used for investment until the next few years. there is a thought if the gold store longer, then the price will be more expensive. and also golden goods that look, so they feel safe to invest in gold as seen from the bitcoin investment that is in the virtual world only.
People say gold is best when gold has been around for a long time and it is stable over time with less volatility but the profit it gives you will not equal bitcoin so depending on the attribute that we compare
I do not know why they say gold is better than bitcoin, while bitcoin transactions are spreading in their midst.
My speculation, maybe they do not know bitcoin or do not know how to use bitcoin, when in fact they admit that bitcoin is better than gold.
I think those who say better gold are those who do not dare to invest. because if we want to profit a lot then have to dare to take big risks. so they are people who are not brave enough to take risks. while people who choose bitcoin are the ones who dare to take risks. because the price of bitcoin own rise and fall is very drastic. My speculation, maybe they do not know bitcoin or do not know how to use bitcoin, when in fact they admit that bitcoin is better than gold.
Gold is better, because every country have a gold deposit in their own central bank and gold is hard to own even small piece to an ordinary people, so thats why majority of the people think gold is much better than any other thing in the world.
They say that gold is better because the cryptocurrency system is still not well founded, mainly because only the virtual currency system is a few years old, many consider it to be a huge bubble that will eventually explode. They want to discredit the system.
For me, the reason why people says gold is better than bitcoin, because gold has its own physical form, it is tangible, so most of them knowing that you are secured with this because it can't be hacked or what. while, bitcoin, can steal it to you through hacking and for me, it is one of the reason why people tells that gold is better. Despite of this, many people don't know about btc world so they prefer golds or paper money that is substantial.
I think only such people who do not have any good idea about bitcoin, they say that gold is better than bitcoin, but i think that every person has their own choice, i think that those people who want to increase their money they will surely like to choose bitcoin, because bitcoin is the only way in current time from where we can expect a good profit in a short period of time. 
Gold price is almost stable and also accepted in all places of the world with high demand.But Bitcoin isn't accepted in all places but it is also demandable within it's member who are connected or known about Bitcoin.Btc price isn't stable.For this reason, people says gold is better.
Gold is only viewed as stable over very long periods of time and that's because it tends to track inflation, not really outperform it. Gold is a conservative investment in that in seeks to maintain the wealth you have, not grow it. The shorter your time horizon is though the more price variance there is, so in the short term there is the opportunity to make a return based on the volatility, but this is akin to speculating and it's guaranteed to pay off. In shorter periods, gold can be a fairly risky investment too because it does experience periods of high volatility and if you need to access the money in gold, there is a chance it will be worth a good deal less than what you initially paid for it.
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