Why people says gold is better? - page 4.

angaper

hero member

Activity: 966

Merit: 507

Quote from: akram143 on November 20, 2017, 12:04:59 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?

Many people assume that gold is better because over the years the social conscience has assumed that gold has an intrinsic value for the simple fact that since ancient times it has been sought with greed by most civilizations. And although there are too many studies that demonstrate the great subjectivity behind this greed, in reality people can not place their trust in what they do not know, and this ignorance is what leads people to prefer gold over bitcoin.

Crazygreek

sr. member

Activity: 378

Merit: 251

Gold is probably better because of value it can gave in extreamly situations. Bitcoin isn't have any value and impact in real life thats why many people choosing gold.

Apes

sr. member

Activity: 1316

Merit: 257

Gold with different crypto coins and different prices, gold is a precious metal and the riches of the world from ancient times already exist .. gold has a high and stable value but sometimes rises high .. while bitcoin is a digital currency that is not shaped but there is prices and prices are unstable, sometimes up and down can even fall drastically that will get a loss .. Both have differences but have a high price and basically I judge gold better than bitcoin or currency crypto because gold will last forever until the end of the world ends while bitcoin will not last and will someday disappear ..

pantheraio

member

Activity: 168

Merit: 12

Investing in bitcoins is more profitable than gold, but many people say gold is better than bitcoin because gold is a precious metal, and it has a long history and gold is more stable than bitcoin.

Raufjoze

jr. member

Activity: 317

Merit: 1

Quote from: jayco25 on February 28, 2018, 07:29:49 PM

There is so much reason to say that gold is better than bitcoin. Gold is something that people really value, so the price has never fallen. Compare with bitcoin we do not know when to increase and fall. There are still many investors in gold, especially those who are afraid to lose.

#Datarius

It is safe to assume that gold is better than bitcoin. Gold is the base of the country's wealth and currency since its discovery. But the price level of each currency of each country depends on the amount of gold they have in each country

lamadu3

full member

Activity: 490

Merit: 100

Quote from: akram143 on November 20, 2017, 12:04:59 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 has a more stable price and many people because of this consider it better than bitcoin. But bitcoin is able to bring more profit due to high volatility.

Wasaisisi

newbie

Activity: 98

Merit: 0

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

wave1002012

newbie

Activity: 154

Merit: 0

Quote from: akram143 on November 20, 2017, 12:04:59 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?

I still believe gold is better than any crypto in the market because gold is very expensive and the market price is always increasing unlike bitcoin the price is fluctuating depending on the market demand.

JhonVya

newbie

Activity: 14

Merit: 0

Probably because it is an asset that has been on the market for many years.

Mr.grin

legendary

Activity: 1218

Merit: 1000

Quote from: mauriek on April 11, 2018, 11:53:31 AM

Quote from: Wintersoldier on April 11, 2018, 10:23:39 AM

Quote from: akram143 on November 20, 2017, 12:04:59 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 can not be use as a direct payment on establishment simply because it is not a currency anymore. There were times when coins are made of gold, and they were use as a medium of exchange then, but not anymore. However, in terms of storing value, gold is still considerably the strongest contender. People are investing money in exchange of jewelries made of gold to store their wealth. Bitcoin is considered as a currency, and sensationally it even became more expensive than gold.

Until now, gold is still considered as the best an investment because our society is still strongly believe in gold than Bitcoin,
but one day I believe that our society would prefer Bitcoin than gold. Especially if all countries would assume Bitcoin is legal.

I think that's hard for friends. however, gold will always be in luxury, even something made of gold could be worth millions of dollars. it will be an investment and has a clear intrinsic value. I think it's hard for bitcoin to go beyond gold.

mauriek

hero member

Activity: 1008

Merit: 500

Quote from: Wintersoldier on April 11, 2018, 10:23:39 AM

Quote from: akram143 on November 20, 2017, 12:04:59 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 can not be use as a direct payment on establishment simply because it is not a currency anymore. There were times when coins are made of gold, and they were use as a medium of exchange then, but not anymore. However, in terms of storing value, gold is still considerably the strongest contender. People are investing money in exchange of jewelries made of gold to store their wealth. Bitcoin is considered as a currency, and sensationally it even became more expensive than gold.

Until now, gold is still considered as the best an investment because our society is still strongly believe in gold than Bitcoin,
but one day I believe that our society would prefer Bitcoin than gold. Especially if all countries would assume Bitcoin is legal.

xnuggets

member

Activity: 125

Merit: 10

Both will differ in the condition given.

In such that bitcoin will be better in a country where bitcoin is entertained and accepted as a medium of exchange. Furthermore, with it's given value.
However, a normal people will accept gold rather than a bitcoin. Especially, when the people doesn't have a knowledge about bitcoin. In connection with this, countries that don't entertain bitcoin will automatically puts gold better.

ceferov

full member

Activity: 504

Merit: 101

Because it's not new as BTC. Crypto adoption takes time and this makes price very volatile. Gold is less risky

Wintersoldier

sr. member

Activity: 966

Merit: 274

Quote from: akram143 on November 20, 2017, 12:04:59 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 can not be use as a direct payment on establishment simply because it is not a currency anymore. There were times when coins are made of gold, and they were use as a medium of exchange then, but not anymore. However, in terms of storing value, gold is still considerably the strongest contender. People are investing money in exchange of jewelries made of gold to store their wealth. Bitcoin is considered as a currency, and sensationally it even became more expensive than gold.

Britanshio

member

Activity: 226

Merit: 10

Quote from: akram143 on November 20, 2017, 12:04:59 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?

For me they say gold is better because of what they knows since they are exist in this world.But if the conberted their life in crypto world. I would be sure they change their mind.

Darwinie

newbie

Activity: 58

Merit: 0

I have never used paying my charges with gold and Bitcoin,but when they say that gold is better with bitcoin for me it means that Gold has a standard range with minimum discrepancy of value with compare to Bitcoin that has a Huge movement of of market value. But with accepting of BTC to stores and not gold maybe because they have no gaanee that you dont steal it from another person.you know security purposes.

Feuerbach

full member

Activity: 448

Merit: 100

Quote from: akram143 on November 20, 2017, 12:04:59 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 not a means of exchange, but a means of saving, accumulating and investing. Bitcoin can also be used not only as a currency (which many do)).

leonora galvan

member

Activity: 182

Merit: 10

Quote from: akram143 on November 20, 2017, 12:04:59 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?

some people believe in gold because they are born yesterday not today, gold before is very precious to them because they don't meet bitcoin that time.and they can use gold before to buy anything they want.but for now bitcoin is better than gold and it has a higher rate ever.

Sidilatte07

newbie

Activity: 55

Merit: 0

Gold is better than Bitcoin? The statement is wrong. Gold can only benefit when gold rises, but not so fast. Yet another case with Bitcoin is likely every day can go up and directly benefit. If anyone says better gold means that the person is not really understanding the greatest benefits with Bitcoin.

ArteMixer

newbie

Activity: 154

Merit: 0

Let's say it is an investment. Nobody accepts a Ferrari as a payment in the supermarket, but you can sell it, get money and use it to pay for your cookies. See where I'm heading? People who own factories, hotels and such, can't use it to pay in a supermarket. Not everything that has value can be used to pay for common needs.

Topic: Why people says gold is better? - page 4. (Read 11715 times)