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Topic: Why people says gold is better? - page 29. (Read 11686 times)

sr. member
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March 08, 2018, 06:43:06 AM
Because gold price is more stable and if somebody is looking for a safe bet it's a better option.

Right. If only all the people around the world are introduced properly on bitcoin and how it works it could've been the other way. Bitcoin at this current stage is an easy 200% in few months.
newbie
Activity: 60
Merit: 0
March 08, 2018, 06:38:50 AM
Gold is better because gold has no "bubble" characteristic which means it's value is more stable, it has physical form and since it's a mineral with intrinsic value, there's no chances of losses. It's a safe and secure form of investment
newbie
Activity: 4
Merit: 0
March 08, 2018, 06:33:28 AM
Because gold price is more stable and if somebody is looking for a safe bet it's a better option.
member
Activity: 182
Merit: 11
March 08, 2018, 06:19:41 AM
i think that person dont know what is the real meaning or real value of bitcoin. other people said that gold is much better than bitcoin because gold is actually stable the price or increasing in the slow process so that if you buy gold in higher price, you can sell it in also higher price but you dont get any profit or high profit by buy and selling gold. rather than bitcoin that the price is not stable and you can buy bitcoin for low price and after few months you can sell it as the price is good to you, in bitcoin you can get a lot of profit but you need to wait until the price is increasing..
full member
Activity: 442
Merit: 101
March 08, 2018, 06:14:09 AM
They think gold is the best because it is very precious. high value. does not change over time. Buying gold to hoard is a very safe and profitable investment over time. In contrast, bitcoin is less well known and its value is unstable, so many people think that gold is better.
newbie
Activity: 84
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March 08, 2018, 06:09:11 AM
Maybe because they dont no the possible thing that they may have if they join bitcoin. And maybe because of the fakenews that they heard from others
newbie
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March 08, 2018, 05:59:26 AM
because it is more popular than bitcoin. but gold is not a good investment than bitcoin.
member
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Merit: 12
March 08, 2018, 05:47:44 AM
Bitcoin as digital gold has almost only one advantage in greater profits during a period when it has little value in price and rapidly increases its value. In all other respects, his advantages are illusory. Some say that it is convenient and safe to store, but this is a controversial issue.
At the same time, gold really has undeniable advantages. It is always completely liquid, that is, it is accepted for payment anywhere in the world. For this to happen with bitcoin, it will probably take more than a decade. But the main thing is that gold always has an intrinsic value. especially in the years of disaster and cataclysms. Bitcoin, if something happens with satellites broadcasting the Internet, it will cease to exist at all.
member
Activity: 266
Merit: 10
March 08, 2018, 03:17:06 AM
I think people say the gold is better, because they can change gold to fiat in any banks with no hassle comparing to bitcoin. But the world is changing...
member
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Decentralized Digital Billboards
March 08, 2018, 03:10:47 AM
Gold better because it can be used not only for payment, bitcoin only payment usable think
member
Activity: 271
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March 08, 2018, 03:06:25 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?
In my opinion, gold is better because gold is not a virtual currency like Bitcoin, I'm also a Bitcoin fan, but I'm always worried there will be a Bitcoin day that ends and the money of many People will disappear, but gold is a precious thing indispensable in this world.
sr. member
Activity: 623
Merit: 362
March 08, 2018, 02:45:36 AM
Why some people says gold is better? I think because of its great value in the sense of being tangible thing that make your invest secured to be hold and gold is one of the best option in terms of value currency.  And the reason why gold is better because of its positive image in many people both in the past and also in the present. And they believes that gold can will provide and develop their economy to become powerful than the other countries with the use of it that's why people say gold is better than the other as a form of payment.  Cheesy
legendary
Activity: 1218
Merit: 1000
March 08, 2018, 02:44:05 AM
Actually today I watched a video on facebook which is about spending bitcoin and gold in the 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 not a currency that can be used for payment of supermarkets, restaurants or others. Gold is merely an asset made by some who like it. So do not ever say that gold is better.
correct. it's because gold is physically shaped, and it's really worth it. but, for now, I feel that bitcoin is a better thing than gold in investment, and business. it allows the addition of a faster profit in comparison with gold. maybe everyone has a different opinion, however, for the moment I feel that bitcoin is better than gold.
newbie
Activity: 26
Merit: 0
March 08, 2018, 02:41:16 AM
I think that the people saying gold is better is the people really dony know what bitcoin is.
newbie
Activity: 126
Merit: 0
March 08, 2018, 02:37:26 AM
Actually today I watched a video on facebook which is about spending bitcoin and gold in the 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 not a currency that can be used for payment of supermarkets, restaurants or others. Gold is merely an asset made by some who like it. So do not ever say that gold is better.
newbie
Activity: 21
Merit: 0
March 08, 2018, 12:35:30 AM
Gold is not volatile unlike bitcoin. If you really use bitcoin as payment, you will understand how irritating its volatility. gold is a jewelry that is always in use for people needs or style in their lives. gold is better, this item can be used in shopping or business
full member
Activity: 246
Merit: 102
March 08, 2018, 12:32:32 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.
Although it is a good investment, but now accept bitcoin in the country is not much, so compared to the investment bitcoin, we will be more willing to invest in gold, after all, the appreciation of gold is that we can see.
member
Activity: 420
Merit: 10
March 08, 2018, 12:22:38 AM
Gold has it physical form and it is widely recognised and admitted by the entire of the world. People will tend to trust and believe for something like that. Bitcoin still has a long way to go for it recognition.
member
Activity: 243
Merit: 10
March 08, 2018, 12:15:05 AM
gold is not a currency or a means of payment but gold is a valuable and very good class of things in making family assets because it has no risk, therefore gold is better.
sr. member
Activity: 582
Merit: 250
An Impressive Purely Anonymous Currency.
March 08, 2018, 12:13:07 AM
Gold has been a currency for thousands of years.  Nothing can compare to gold in the long term.  I am talking 20 years from now when it will e even rarer and the price to mine it should be much higher than the current price per ounce.

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