Topic: Why people says gold is better? - page 24. (Read 11715 times)
i think with high volatile bitcoin are make many people cant receive this currency and for invesment. beside that many goverment still allowed yet bitcoin as currency like fiat money. so many people prefer gold for investment because easier to used
Gold is better now.
A total of 186,700 tonnes of gold exists above ground, as of 2015.The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry
A total of 186,700 tonnes of gold exists above ground, as of 2015.The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry
Because they dont know what bitcoin really is
Gold has been the oldest and the safest assets to hold. You can hold gold for several hundred years and it would still be valuable. But you can't tell what would happen to bitcoin after 10 years.
I think they are saying gold is best because of solid viewable object. We can use gold as a asset to get money and inverse money in it.But you can't use gold as a currency in direct. Bitcoin can be used as a currency as well as.So my conclusion bitcoin is always better than gold in the investment sense.
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 solid asset and traditionally for more than a decade gold is used as exchanges and asset by people, the long tradition won't be deleted from people's mind that easily. If we compare gold with Bitcoin as a profit earning asset it is obvious that Bitcoin leads the race which gives x5 times the amount invested in ti compared to gold which gives only x2 maximum.
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?
People have different perspective that’s why people will think that gold is better than bitcoins and vice versa. This is depending on the usage of a particular person; if someone uses them for investment many will say that gold is better for long term and stability. But if someone use it for equity growth then many will says that bitcoins are the best tools. In lieu of these I would say that both are better.
The most likely reason I think about why people say gold is still better than bitcoin is the fact that gold has shape. It's physical, real and valuable that has been around for the last few years. Bitcoin on the other hand is still fairly new and I'm sure if you ask people randomly on the street about bitcoin, I can say that not much can know about bitcoin. For that gold is a precious metal, you can exchange gold in all countries and gold can be jewelry and other items, gold has existed for a long time and also considered as their assets, this shows that gold is very suitable for long term, the price is very stable in term long time
Gold is always better because from the decades there is no huge growth and there is no sudden fall in its price. Even though you will get your real value when you sell it in the market. Compared to Bitcoin, Gold is not a big volatile, only a few changes in the price.
It terms of volatility, gold i could say has less movement than bitcoin. In terms of getting the opportunities to profit then i could definitely say that you could profit more on bitcoin or lose more if you don't know how to play with it. Gold is not a risky investment but could not give good profit. 
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.
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.
One of things that make bitcoin better than gold is the fact that it is digital. But there are still a lot of things that make bitcoin better than gold. I agree to this, those that are saying that gold is better than bitcoin are those people who knows nothing about bitcoin.
Peope have trust in gold. Because gold is using since hundred of years as something very valuable and rare. But when you think about it, its useless. You can use small amount of it for electronic parts, and thats it. Its just the trust of centurys why the people think gold is valuable. But gold is the biggest bubble in the history mankind. Nobody knows how much really exist. There are so many banks who owns fake gold. So if you think about it, its crazy that gold can be so much worth.
I would always say that gold is so valuable to Bitcoin. Gold is known as a precious metal known in ancient times. People use it as ornaments. Gold is a very precious thing. But Bitcoin has recently come to be known as a currency. Bitcoin man investment and transaction. About which many people are still unknown However, if any people in any part of the country are going to ask in gold, they will say that along with its price. Bitcoin is still very mysterious to us. Bitcoin is an online job. Maybe there is a free and broad circulation of Bitcoin online. But in reality, Bitcoin has its existence, but it is not like gold. It is dependent on the internet. But gold is not dependent on anyone. Gold is not variable . On the other hand, Bitcoin is variable, which is very risky. The discovery of Bitcoin technology. And the gold is God's given natural element. Natural ingredients are certainly developed from the human creation.
Many people invest in gold, because they see and touch it, and the price is getting higher each year, while bitcoin is a good also in investment but its value defends of how many people buy or invest in btc, but gold is gold, the value of gold is stable but bitcoin is not that is why they say gold is better than bitcoin
People say gold is better because in the past it was the currency they used to buy or exchange it for the need that people use it instead of bitcoin. Gold does have a stable value, you will not lose much or get a lot, maybe in the long run when rare gold will be better, but for now bitcoin is much more risky, and better in making money. In my opinion, rising bitcoin community is a fun event. The more bitcoin users, bitcoin prices will be much better, For users or lovers of gold is a traditional investor. Bitcoin and blockchain technology is a revolution. It is difficult for people to accept it at the beginning. Especially if he was not young.
People says gold is augmented because gold is a deeply very old asset. From the adding together to the upheaval, it maintains a rising price trend. Its price stable. Everyone in the world knows nearly gold. Gold is precise in all countries. Its risk is relatively low. And Bitcoin has been a few years earliest. Its price is fast disturbing & not stable . All people in the world reach not know very approximately the bitcoin . It is not legitimate in all countries. Its risk is beyond gold. May be these marginal note people says gold is bigger.
I comprehend why some people publicize that gold is enlarged. It is because they get not know exactly approximately bitcoin . They understand gold because gold is valid. It means they can see the profit considering their bare eyes. gold is swap plus bitcoin in this to hand of type. because bitcoin is on of crypto simple hence we can not see it directly after perform in task or assignment or trading. we can not blame them as soon as their opinion. It is suitable if people has swap thought.
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?
Well they are saying that gold is better because gold market value is stable. Knowing the fact that gold price stability is incomparable to bitcoin then we can say it is much better in that aspect. But if we compare the usage then gold is far from competing 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?
Well they are saying that gold is better because gold market value is stable. Knowing the fact that gold price stability is incomparable to bitcoin then we can say it is much better in that aspect. But if we compare the usage then gold is far from competing btc.
They are only telling that gold is better than bitcoin or compared to other cryptocurrency because gold is stable and it is not that volatile like the cryptocurrencies that can change its price for either an increase or decrease in the market. I can really say that gold is not better and bitcoin and other crypto is still better because of the opportunity of fast profits despite of the volatility.
If someone says that gold is better than Bitcoin, then it is a proof that this guy knows nothing about BTC. Both gold and Bitcoin have their own advantages and disadvantages. But I wouldn't go to the extent to claim that one asset is better than the other, especially if the other asset has given 15x returns in 2017.
Gold is better for most because its prices and valuation doesn't waver as much as BTC's making it a better storage of value. BTC is good but the unpredictable nature of its value is the only reason as to why most will settle for Gold instead
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