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Topic: Why people says gold is better? - page 27. (Read 11686 times)

full member
Activity: 378
Merit: 100
March 16, 2018, 11:00:23 AM
It's because they feel that gold is a more secured investment pertaining to history also.
But they don't know that Bitcoin can be a good investment too.
A lot of people said that gold is better than bitcoin because the gold value is more stable than bitcoin, and i think many people said that gold is better because it is tangible compare to bitcoin, but i dont agree that gold is better because bitcoin value can reach more than $20k in the future.
member
Activity: 210
Merit: 10
March 16, 2018, 10:58:21 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?
It is expensive metal. Gold is not prohibited in any country. It is a means of payment.  it has a more stable market.
member
Activity: 99
Merit: 10
March 16, 2018, 10:48:26 AM
People say Gold is better because they can hold it and carry it. It is tangible and volatile.
But Bitcoin and Gold has similarities. They both investment and gives wealth. Maybe people prefer to have Gold because its price / value is stable unlike bitcoin, it is the same with the law of Supply and Demand.
Besides, Gold is very hard to get. Yet we sometimes over criticize the value of bitcoin.
full member
Activity: 197
Merit: 100
QUIFAS EXCHANGE
March 16, 2018, 10:40:23 AM
Why people says gold is better? Because gold was everytime and will be for ever like for bitcoin not same because bitcoin is not real its only digits which have price and if nobody will buy it bitcoin loose any cost price.
sr. member
Activity: 1036
Merit: 281
March 16, 2018, 10:29:56 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?
I think it is because of the price of the gold that is stable. The reason why many people are keep saying gold is better investment than bitcoin is because of the stability of the gold. Being is so very volatile and many people says that it is disadvantage.
full member
Activity: 651
Merit: 103
March 16, 2018, 10:07:08 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?
The reason is simple it is because they do not know how profitable is the bitcoin. They keep saying that the gold is better investment than bitcoin because their information about cryptocurrency is insufficient.
newbie
Activity: 33
Merit: 0
March 16, 2018, 10:06:09 AM
in old times also people don't rely on in the gold and not belive in gold
gold is precious because this supply is not much and realy solid material than silver and copper and beautiful too
maybe in the old times pople make gold as a currency because the low supply and it has higher solid stairs
jr. member
Activity: 97
Merit: 2
March 16, 2018, 09:59:43 AM
Gold has been the traditional hedge against volatility and the modern banking system and it has been used as currency for thousands of years so there is a real momentum behind it. I think aside from a fully decentralised cryptocurrency gold is by far the best type of exchange of value
newbie
Activity: 189
Merit: 0
March 16, 2018, 09:55:18 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?
everyone has their own opinions, if they say gold is better because gold investments are safer to do than on digital currency investments
newbie
Activity: 224
Merit: 0
March 16, 2018, 09:50:55 AM
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.
Gold is a measure of value worldwide, gold is accepted worldwide, they are used to make jewelry and very stable. Gold is a tangible asset and is suitable for everyone. Bitcoin is just a digital currency that has not been widely accepted around the world. Bitcoin fluctuates frequently, suitable for venture capitalists. So, I think Bitcoin is not better than gold.
hero member
Activity: 1302
Merit: 503
March 16, 2018, 09:39:47 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 a precious metal and hard to get, in ancient times gold used to make payments but for now gold used as luxury goods and jewellery so for now, no one makes payments using gold, because gold is a luxury ..
that's the reason why people think gold is the best ..
- Gold has a long historical tradition, it exists over time and gives many people a wealth, a huge source of profits, especially it is very stable and safe, people still choose it as a saving asset for the future of the children. In short, it has created trust for everyone, the features of gold make people feel it is a good choice for investing in this society, however, this will soon change when cryptocurrency growing strongly, gradually gold will no longer fit the requirements of society
sr. member
Activity: 1974
Merit: 450
March 16, 2018, 08:30:26 AM
People says gold is better because there is an specific price and value for gold. Unlike bitcoin, you can't predict its specific price and value.
.Gold can be also sell to anybody and anytime. Unlike bitcoin, not all business organization accepts bitcoin.
well, in this case, gold does have an intrinsic value, and has a stable price. and the price continues to rise in every year, but gold can indeed be saved. but, for businessmen like us, I think bitcoin is easier to use, and better.
full member
Activity: 462
Merit: 101
March 16, 2018, 08:28:49 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 a precious metal and hard to get, in ancient times gold used to make payments but for now gold used as luxury goods and jewellery so for now, no one makes payments using gold, because gold is a luxury ..
that's the reason why people think gold is the best ..
sr. member
Activity: 615
Merit: 258
March 16, 2018, 08:21:33 AM
People says gold is better because there is an specific price and value for gold. Unlike bitcoin, you can't predict its specific price and value.
.Gold can be also sell to anybody and anytime. Unlike bitcoin, not all business organization accepts bitcoin.
legendary
Activity: 2576
Merit: 1860
March 14, 2018, 02:48:52 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?

Simply because gold is not anymore used as a form of payment nowadays, especially in terms of buying very ordinary things such as those you can get from supermarkets and restaurants. Gold, as we all know, have turned from a form of currency in the old age to a store of value today. Gold is already treated as an asset and not as a money. No one would buy a can of pineapple tidbits using gold.

Gold is still better in terms of investment, especially with regard to its price stability and security, than Bitcoin. But if you are looking at a faster growth of your investment, you should be investing in Bitcoin instead.
member
Activity: 462
Merit: 10
March 14, 2018, 02:41:53 AM
I surmise that individual dont recognize what is the genuine significance or genuine estimation of bitcoin. other individuals said that gold is vastly improved than bitcoin in light of the fact that gold is really steady the cost or expanding in the moderate procedure so that on the off chance that you purchase gold in higher value, you can offer it in additionally higher cost yet you dont get any benefit or high benefit by purchase and offering gold. as opposed to bitcoin that the cost isn't steady and you can purchase bitcoin for low cost and following couple of months you can offer it as the cost regards you, in bitcoin you can get a ton of benefit yet you have to hold up until the point when the cost is expanding.
member
Activity: 1078
Merit: 12
March 13, 2018, 07:06:23 AM
The main reason is gold can be accepted by everyone, I'm sure that when you want to sell gold to anyone then you will not have trouble finding buyers, even gold we can mortgage, but if bitcoin then people do not necessarily know.
newbie
Activity: 66
Merit: 0
March 13, 2018, 07:01:40 AM
People with traditional thinking will always say that gold is better because one can feel it. On the other hand, BTC cannot be touched or felt.
full member
Activity: 350
Merit: 102
March 13, 2018, 06:46:16 AM
I disagree. Bitcoin is better than gold. Through the increasing demand for Bitcoin and price its worthy than gold.
jr. member
Activity: 252
Merit: 9
March 11, 2018, 03:43:56 PM
Many people seek and buy gold bars because of their unique characteristics in terms of durability, beauty, scarcity and status as a means of exchange and a universal currency over the centuries
Because it is impossible in the future, gold will not sell. unlike fluctuating is bitcoins.
gold remains stable until whenever.
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