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Topic: Why people says gold is better? - page 40. (Read 11686 times)

jr. member
Activity: 112
Merit: 1
March 01, 2018, 06:48:17 AM
I think some people wanted gold because they're familiar with it,unlike bitcoin there are people not familiar what bitcoin look like.
newbie
Activity: 196
Merit: 0
March 01, 2018, 06:32:13 AM

  Those people who say that gold is better - conservatives.
It is still important to understand that the information is taken from the media and they are known to represent the interests of authorities,
who, in turn, have not yet decided that they are interested in bitcoin or gold.
The bulk of people behave like a herd, where the shepherd will send there and go and capitalization by world standards for gold is much higher. 
  That's the reason they say so, but it's temporary ))
newbie
Activity: 168
Merit: 0
March 01, 2018, 05:43:40 AM
If in the event the investment then it is said that gold is better than on the bitcoin. the reason is that of the bitcoin if used for investment then its value is not very stable or fluctuating, so it's not necessarily in the coming years will have a high price. But if gold to invest then the results obtained will be even greater because the gold price certainly every year always ride though not great.
full member
Activity: 714
Merit: 114
March 01, 2018, 05:40:47 AM
Yes gold is better because it is not dropping due to its limited resources available once there are no more gold to mine, the value will blow up unlike here in bitcoin, we will see an eventually dropping of price and unstable value of coins
Gold is better because of its stable value over the years but bitcoin is too volatile and cannot be used as storage of value like gold.

But the gold has value due to limited supply no one know how much of bitcoin under the land the mined gold is very small so the supply is less which causes the high demandf or that product.

no, gold is not limited because it can always be mined under the earth's soil , while bitcoin is limited because there are only 21 millions of it.  bitcoin can also be used as a storage of value or can store value because it is a curency and a currency has a value in order to be used in buying or selling. they say gold is better because they dont know or they dont believe in bitcoin , other reasons is that gold is stable and has a physical form while bitcoin dont.
jr. member
Activity: 308
Merit: 1
March 01, 2018, 05:25:23 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?



Of course gold is still considered the main object of trading,
A country's wealth depends on its gold deposit.
we just created and invented paper money because time has changed.
imagine if paper money,atm or crypto was never invented up to this day,imagine the inconvenience everyday to transport such heavy precious objects for trading.  Grin
We just dont accept golden objects for trading because there are issues of forgery and authenticity testing is a long process.
Gold still remains valuable up to this day because of its importance and it is currently used for many things such as computers,celphones,electronic machines and other stuff and because of its electrically conductive properties and its corrosion resistance.
sr. member
Activity: 826
Merit: 281
March 01, 2018, 05:11:45 AM
everyone know about gold price , and the price always stable , investment on gold maybe have a low risk than invest on digital currency like bitcoin/altcoins.
if gold price fall , i think not fall as far i know , different with bitcoin , if some ppl spread FUD , the price can fall more than 3-4k usd each day , and maybe will stable in future.
but low risky = low income , high risk = more gain.
sr. member
Activity: 2436
Merit: 272
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March 01, 2018, 04:52:25 AM
Yes gold is better because it is not dropping due to its limited resources available once there are no more gold to mine, the value will blow up unlike here in bitcoin, we will see an eventually dropping of price and unstable value of coins
Gold is better because of its stable value over the years but bitcoin is too volatile and cannot be used as storage of value like gold.

But the gold has value due to limited supply no one know how much of bitcoin under the land the mined gold is very small so the supply is less which causes the high demandf or that product.
newbie
Activity: 16
Merit: 0
March 01, 2018, 04:45:52 AM
It depends.. Do you wanna play the risky game or have something more stable? Also, everyone believe in gold because it's the symbol of richness since a long long long time.
newbie
Activity: 191
Merit: 0
March 01, 2018, 04:28:37 AM
Yes gold is better because it is not dropping due to its limited resources available once there are no more gold to mine, the value will blow up unlike here in bitcoin, we will see an eventually dropping of price and unstable value of coins
member
Activity: 189
Merit: 10
March 01, 2018, 04:18:19 AM
Gold is maybe the biggest bubble ever. The gold bubble just exist since years. People are trusting in Gold, but there are so many reasons why you should not. First of all, gold is maybe rare, but has no use case. You can use it maybe a small amount of it for electronic hardware and catalic converter from cars, thats all. Also it need so much work to mine, and its very bad for the environment. They are so many toxic waste while the mining of gold. So i think it should be forbidden to mine for gold!
newbie
Activity: 78
Merit: 0
March 01, 2018, 04:14:47 AM
I don't know if Gold is better than Bitcoin, but I do know that they are 2 very different things. Gold has a stable value and is real whereas Bitcoin is very various and is a currency.
newbie
Activity: 77
Merit: 0
March 01, 2018, 04:04:38 AM
 gold is better because they dont know about bitcoin and they did not know how to earn bitcoin. They will say it because they have a gold but they dont have a bitcoin
newbie
Activity: 82
Merit: 0
March 01, 2018, 03:57:06 AM
 because it is a lifetime investment for generations already. It is something that we can hold all our life phisically. It is something that we can honor our grandchildren.
newbie
Activity: 69
Merit: 0
March 01, 2018, 03:52:14 AM
Because, Bitcoin is not stable and don't accept by whole world.But gold price is mostly stable and it is accepted by whole world.
jr. member
Activity: 182
Merit: 2
March 01, 2018, 03:50:34 AM
The difference in gold with bitcoin is:
Gold is the investment of assets and have a stable value.
Bitcoin is currency. The Foundation of the usual assets and means of payment. His unstable exchange rates
newbie
Activity: 196
Merit: 0
March 01, 2018, 03:49:23 AM
People say that gold is better becuse gold there is always ready and liquid market for gold.Gold can wear as jewelry and it can be pawned.
member
Activity: 224
Merit: 10
March 01, 2018, 03:44:59 AM
People like to use bitcoin and many people prefer gold but for me bitcoin is better than every thing So i have the patience to wait for the right time it is good to hold bitcoin for the future and the bitcoin future is good and bright, People like gold because they know that gold has physical existence that's why most people prefer that.
newbie
Activity: 67
Merit: 0
March 01, 2018, 03:44:41 AM
Because people are know about gold the value of gold is too high and thats people think thats why to them is so better but they dont accept a letteral gold as payment.
newbie
Activity: 63
Merit: 0
March 01, 2018, 03:38:36 AM
 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.
newbie
Activity: 121
Merit: 0
March 01, 2018, 03:37:14 AM
 because the value of the price is quite stable and standard when compared with the bitcoin that sometimes up and down the price is very unstable..
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