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Topic: Why people says gold is better? - page 31. (Read 11686 times)

sr. member
Activity: 475
Merit: 250
March 07, 2018, 06:15:41 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?

Gold and bitcoin are similar in some extent. And I think that gold seems to be a better means of investing and storing funds because people are used to this precious metal. With the time Bitcoin will be more and more convenient for users.


Gold is looking solid and more secured as per history itself says. But talking about bigger opportunity in the field of investment then surely bitcoin is miles ahead than a stable and old gold.
legendary
Activity: 2212
Merit: 1008
March 07, 2018, 06:11:02 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?

Gold and bitcoin are similar in some extent. And I think that gold seems to be a better means of investing and storing funds because people are used to this precious metal. With the time Bitcoin will be more and more convenient for users.
member
Activity: 100
Merit: 10
March 05, 2018, 11:31:10 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.
We now see Bitcoin as a developing currency among developed nations, but people think that gold is better than Bitcoin because Bitcoin is very volatile and a sign of recovery is difficult. Many people think that Bitcoin can end at any time so they are afraid.
full member
Activity: 882
Merit: 100
March 05, 2018, 11:26:46 AM
I do not think that gold is better than Bitcoin.The opinions of each person are different.Someone thinks Gold is better,but someone thinks Bitcoin better. It seems to me that the price of Bitcoin will increase, so that the price of gold will not increase.And those who have no idea about Bitcoin, it is natural to have gold batter.
full member
Activity: 364
Merit: 100
March 05, 2018, 11:10:13 AM
Some people says that gold is better in my own opinion we cannot compare the two because they both different gold is physically present and we it is indeed valuable. Bitcoin is a crypto currency that we cannot see or hold it is stored in different kinds of wallet it depends on the person the value of Bitcoin now is truly remarkable that lots of investors definitely earned a very good profit already with the current value
jr. member
Activity: 132
Merit: 1
March 05, 2018, 11:07:00 AM
I think the reason why some people still says that gold is better because it is tangible, we can never underestimate its value and worth. Plus it can serve a lot of functions like, jewelry, accessories, even electronics. It still has value that doesn't depend on electricity or internet. Even in dark times like war, gold remains  its great value that you can trade in or use for purchasing.
member
Activity: 203
Merit: 10
March 05, 2018, 10:50:36 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?
Maybe they says that gold is better because they really dont know yet what is bitcoin or maybe gold is much important thing for them.for me as a bitcoin user I must say that bitcoin is better because this is the only way to source an income so that I can support the needs of my family as well.but we have our own opinion about this so lets just respect to each and everyone opinion.if gold is better to them and bitcoin for me,then theres no problem.
jr. member
Activity: 118
Merit: 2
March 05, 2018, 10:47:11 AM
I think many people choose gold investment because it is quite stable and very safe. The value of gold will increase over time. Bitcoin value is not stable. Bitcoins are virtual currencies and are high in value, so many people will feel anxious because they are afraid of the risk of investing in it quite high.
member
Activity: 231
Merit: 10
March 05, 2018, 10:46:59 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?
Gold is better for them because that is the only thing they knew and one thing gold is the sure investment that gives real profit for them and for some who did not really believe in bitcoins.
newbie
Activity: 182
Merit: 0
March 05, 2018, 10:44:36 AM
Gold and btc...
Everyone knows gold, bitcoin? No
Gold can be had phisically, bitcoin? No
Gold is legal everywhere, bitcoin? Not yet
We can use gold for payment everywhere, bitcoin? Not yet
I don't understand the question yet.
Better... what is the context?
newbie
Activity: 182
Merit: 0
March 05, 2018, 10:41:32 AM
Gold have a value since long time ago, we know gold can make jewelry and some prople use gold for investment.. while i mean is a safety choice for investment because all we know gold value slowly can higher.
newbie
Activity: 252
Merit: 0
March 05, 2018, 10:36:10 AM
For them, maybe gold is better or more profitable.
Because they do not yet know what bitcoin is.
If they know about bitcoin, I'm sure they'll be turning around to infest the bitcoin.
Indeed, gold almost never experienced a price reduction. But even if the price goes up, its value is not how.
newbie
Activity: 39
Merit: 0
March 05, 2018, 10:34:31 AM

I think Bitcoin is much more valuable than gold because Bitcoin is currently using people as a digital currency and it is used by small people while shopping. That's why we think it is more valuable than gold.
newbie
Activity: 152
Merit: 0
March 05, 2018, 10:24:04 AM
Gold is better because it has a physical form, while ICO is only a virtual asset. So humans prefer a more realistic thing. Gold has also existed since antiquity and has become one of the luxury goods owned. Gold also has a good price and stable to make investment
newbie
Activity: 68
Merit: 0
March 05, 2018, 10:20:26 AM
They says that gold is better because the can touch their gold investment. Can you touch your btc?  Grin That's the thing.
member
Activity: 168
Merit: 10
March 05, 2018, 10:18:09 AM
It is partially a nostalgia that's dates back to the days fiat currency was backed with gold. People long for something physical to represent their monetary success, and it used to be symbolized by a shiney yellow precious metal called gold. Old habits die hard, gold brings back memories of the old days and comforts people in the sense they have something physical to represent their efforts. Bitcoin is the future.
full member
Activity: 546
Merit: 105
#SWGT PRE-SALE IS LIVE
March 05, 2018, 10:15:02 AM
People are just looking at the stability and security of gold. Many are taking into account the tangible physical nature of gold against bitcoin which is just a virtual currency that could be lost instantly. Another thing is the volatility of bitcoin, never in history does gold drops half the price since the time it was considered valuable, unlike bitcoin that is very shaky, rising 50% then dropping 50% 2 months after. We cant really blame those who don't really understand bitcoin and the risk in investing one.
jr. member
Activity: 98
Merit: 5
March 05, 2018, 10:07:22 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?
Gold is a standard currency whose value is recognized worldwide. It is a symbol of wealth. Only a fraction of bitcoin's value is recognized, and many countries do not recognize bitcoin as a fraud.
full member
Activity: 854
Merit: 102
PHORE
March 05, 2018, 10:04:25 AM
maybe because it does not drop as much as bitcoin that he can drop the price no matter what time or day it is stable because the price of gold does not decrease but I still have to invest
jr. member
Activity: 74
Merit: 1
March 05, 2018, 10:03:30 AM
because gold is very rare Smiley
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