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Topic: Why people says gold is better? - page 22. (Read 11686 times)

full member
Activity: 266
Merit: 108
March 23, 2018, 09:57:50 AM
If people understand crypto currency and learn difference between them, they will give up this this idea.
full member
Activity: 413
Merit: 105
March 23, 2018, 09:31:10 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?

Those people who says that gold is better are those people who do not believe on bitcoin and they do not know what is the real essence of it. If they that gold is better I think they are dependent on gold. Each of us have a different appreciation in different things so that if they say that for them that gold is better let we need to respect them. Because we also have different beliefs in some things.
member
Activity: 700
Merit: 10
March 23, 2018, 08:10:08 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?

For people with traditional mindset, gold still better than bitcoin. The reason they said that because gold is more real and they can touch it and they just want something real that they can see by their eye
member
Activity: 109
Merit: 10
March 23, 2018, 07:21:14 AM
never understood the interest of comparing them when they have nothing in common!
member
Activity: 119
Merit: 10
Glab Trotter
March 23, 2018, 07:13:57 AM
Nobody say that ^^
full member
Activity: 265
Merit: 100
March 23, 2018, 07:13:23 AM
people say bitcoin is better than gold because of the gold year you are waiting for before you make a profit if bitcoin is just a little bit you are waiting for especially when investing your choice.
newbie
Activity: 136
Merit: 0
March 23, 2018, 06:26:48 AM
Gold is the standard of value. It has been in the game for thousands of years.
full member
Activity: 350
Merit: 109
March 23, 2018, 06:23:38 AM
Gold is use in old times in trading. Because it high value and price. They can not accept gold now because no one using it as money or currency.

The gold and the bitcoin both of them are currency and have different each other. To have the gold or bitcoin, we need to mine it.  We can use the gold all over the world. Some places in this world the bitcoin is illegal. The main difference of each of them is the value.  The value of the gold is stable but the bitcoin is unstable, but then the price of bitcoin is higher than gold. All the person in this world can mine the bitcoin.
newbie
Activity: 85
Merit: 0
March 23, 2018, 04:42:00 AM
Gold has always been used as legal tender since it was first discovered in ancient times.


maybe  gold more  real physically, in my opinion
newbie
Activity: 79
Merit: 0
March 23, 2018, 04:40:50 AM
Gold is so valuable because:
1. it has unique aesthetic properties;
2. it has unique physical chemical characteristics;
3. it’s rather scarce.
full member
Activity: 350
Merit: 100
March 23, 2018, 04:11:15 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?
because gold is stable sometimes but it always increasing than bitcoin because bitcoin sometimes it is too low but sometimes it is so high but it is always changing but if i choose? of course bitcoin is more good than gold because you can get a lot of money in tradsing than to holding gold you can get more profit if you know all about trading.
newbie
Activity: 86
Merit: 0
March 23, 2018, 04:07:27 AM
Most people accept only those things that they can touch, hold in their hands, place into their pockets, hide in the closet, etc. Also gold is stable in many of thousand years and proven of proven of all country. BTC is just at the beginning of this process, which will take many years.
hero member
Activity: 700
Merit: 553
March 23, 2018, 03:56:07 AM
Maybe I think the perception of people in actual money they can use. Although we can see that bitcoin is now emerging, people could actually say that gold is better because it's literal and actual unlike bitcoin which is not actual and perhaps virtual money.
hero member
Activity: 850
Merit: 504
March 23, 2018, 03:53:17 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?

bitcoin is virtual and gold is physical. maybe its make people think gold is better than bitcoin

Mostly, this is the most practical answers. Besides Gold has many uses like a good conductor, jewelry, utensils and so forth. While bitcoin being a virtual asset, after that no physical embodiment.
newbie
Activity: 154
Merit: 0
March 23, 2018, 03:51:18 AM
Because in my opinion, gold has had official rights of government from all over the country, gold is acceptable in all societies. Gold is also easy to get, at a gold shop for example. People can easily find, buy, or invest in gold chunks.
While bitcoin, not all societies understand about bitcoin, how to use bitcoin, and the benefits of bitcoin.
The increase and decrease in the value of gold were also not too volatile, in contrast to the value of bitcoin that can rise and fall significantly anytime.
So although bitcoin provides a higher profit than gold, gold still remains better than bitcoin.
hero member
Activity: 2100
Merit: 641
sig. code creator start @$10 - PM me!
March 23, 2018, 03:48:01 AM
Some who say it is those who do not like to get high risk. So with a stable gold price equivalent to fiat money, they choose gold for the purpose of playing safe even though their income is low.
member
Activity: 454
Merit: 10
"Reserve Your Ledger at GYMLEDGER.COM"
March 23, 2018, 03:40:56 AM
Maybe gold is more stable and more usable than bitcoin. Gold can use as jewelries and any other things. Even if bitcoin is more higher in value i think gold is better. As they say bitcoin is useless in times of war.
member
Activity: 232
Merit: 11
March 23, 2018, 03:26:21 AM
maybe some people think that gold is better, because the price or value of gold is not too fluctuate. so the price is more often stable and will continue in use until whenever. and again gold is also highly recognized by all people in this world. so I think it's natural that many people think gold is better.

newbie
Activity: 122
Merit: 0
March 23, 2018, 03:15:01 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?

bitcoin is virtual and gold is physical. maybe its make people think gold is better than bitcoin
full member
Activity: 490
Merit: 100
March 23, 2018, 02:55:51 AM
If in the event the investment then it is said that gold is better than on the bitcoin. the reason is that of the bitcoin if used for investment then its value is not very stable or fluctuating, so it's not necessarily in the coming years will have a high price. But if gold to invest then the results obtained will be even greater because the gold price certainly every year always ride though not great.

Gold and bitcoin are used mostly for investment. But bitcoin is better used for short-term investments, and gold is for long-term investments to protect oneself from losses.
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