Topic: Why people says gold is better? - page 38. (Read 11686 times)
there is always a buyer ready and waiting to buy gold , gold is pretty much very easy to sell , you don't have to wait on any exchange or anything infact there are stores all over the world that you can walk into to sell your gold .plus the fact that gold is physical so at this point it dosent depend on the internet to work , so i understand that position that some people may take however bitcoins are evolving each day and the playground is changing with it .
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 because the bitcoin is volatile than gold. There is a point that you say the bitcoin is called as of payments but the gold is why it is not as good as the payments to merchants is just a small chance of lowering the price.
Maybe they didnt still know bitcoin even me when i atill didnt know bitcoin. All that i know is The most precious the world is gold and diamond. But when i know bitcoin everythin changes. And im gladly i know it
because gold is the first currency all over the world, they use gold as a global currency they can use it in any kind of payment method. this is very historical thats why they say gold is better than other currency that exist this time.
I think it's all about people's attitude to bitcoin. It appeared only 10 years ago and gained popularity quite recently. People need more time to accept bitcoin.
The only reason is because people are more familiar with gold than btc.
Otherwise I believe BTC is superior in many levels.
Some reasons may be there which make the currency more good. In fact bitcoin is now becoming more importance, people now using bitcoin for different purposes, they even use bitcoin as for shopping inline rather nlOtherwise I believe BTC is superior in many levels.
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 better than gold because bitcoin is so profitable and very usable like paying others you can use this to transact and because of bitcoin theres a lo of people became rich by investing but gold we all know that gold is a good also but people wants crypto than gold now. 
Looking at the past when many people were believing that gold is universally acceptable asset and stable in the price that I think was the reason why many people became very attached with gold. Now in the modern time people are saving their money into investment and they are earning good amount on this investment. Bitcoin has created an avenue for everyone to earn just by having bitcoin in their wallet.
In general, both gold and bitcoins are valuable assets. However, gold has long been considered the safest investment of money.
Because gold has more stable price and it's used in industry
because it can be saved by hand and not online it is kept as an asset and it is valuable but there is a side effect in keeping gold in hand it can be stolen .
it has more side effect than benefits as you will be in danger all the time if you are investing in gold it will give you profit but on the risk of your life and mental peace as you will all the time remain worried about your saving, it takes a lot of space to hold gold in a safe but in bitcoin you will be mentally relax as no one will be able to use your bitcoin and it is hard to steal it. The increasing price of bitcoin is the additional benefit of bitcoin, if you will hold it will increase in price and will earn a lot of extra profit for you. But in gold you will earn very low profit with a lot of waiting years and years.
To me I feel the reason people say that is because the increased volatility associated with the price of btc is not pronounced in the case of gold, making it a more reliable store of wealth.
If you want to earn less profit with less risk then gold is best but If you want to earn more profit with higher risk then investing in gold then bitcoin is best.
but for me bitcoin is the best and for everyone who wants to become rich in less time.
but for me bitcoin is the best and for everyone who wants to become rich in less time.
The only reason is because people are more familiar with gold than btc.
Otherwise I believe BTC is superior in many levels.
Otherwise I believe BTC is superior in many levels.
because they are two very different types of investment. Gold is a safe, little risk and little reward investment, where you know that you will keep winning some money steadily..
because they see it and hold it and wear it, and they know the price of gold will remain up to the next few years, and certainly gold will be in need for many years.
I would not be able to compare gold and bitcoin. Quite different things. Gold has always been sold and will be sold this fossil. And to replace bitcoin, something more innovative can come.
Gold is better than bitcoin because gold can be wear as a jewelry and can be pawned.But bitcoin is the best because it has a big value than a gold.
all of which there are advantages and disadvantages of each, if gold has a deficiency that can not be used as a means of payment, but the advantages are more gold for long-term investment, and people must believe and believe in gold investment, because this is a promising investment . Now we discuss bitcoin, bitcoin excess is can be used as a non-cash payment tool, and many have applied it, but the lack of bitcoin is in terms of investment, people are less confident with bitcoin investment, one factor is unstable market prices tend to rise down, this is what causes people to choose bitcoin in investment affairs different with gold investment.
Most of the people are saying that gold is better because it is one of the Precious metals which is very minute and very limited too. As far btc is concerned we may consider it as a standard for digital currency, the most liking in the world and a model for the inventing of digital currency. But gold be there all the time side by side with btc .
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