Why people says gold is better? - page 42.

KingScorpio

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Quote from: ?? on ??

I think both are amazing if have both. But for me Bitcoin can surpass the gold because of its other capabilities than the gold doesn't have. Like using for payment, bills or trading virtually and other stuff. it is also a traditional investment is less volatile and still bring in profits for investors, moreover it also used as jewelry. In my opinion, I think gold and Bitcoin are good, both have their own values

bitcoin cant be used for payment, its to expensive regarding its tx costs and tx speed is by far to slow

Pinoyfan

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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?

We all know that gold is sometines stable but in crypto or bitocoin so much risk . But tisk willgive a lot of money to you than buying gold and selling itvolatility guves to people to get a lot of money or income to pay their debts.

KingScorpio

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Quote from: Aleister Crowley on November 20, 2017, 02:16:32 AM

they say that because the introduction of digital currencies is not so well digested, and usually people like them can only or believe in investing in gold, which they consider to be profitable in every year, whereas if they invest in bitcoins other than the ease of transacting bitcoin can provide an advantage at all times,,but they do not know that

Quote from: sparveenat on November 20, 2017, 02:01:11 AM

Bitcoin and gold both are not comparable both are different in it category itself. Gold is precious metal and ornament Bitcoin is cryptocurrency so don't confuse yourself. Bitcoin can be used as investment giving good multifold returns where you hold your investment in gold it wont appreciate like bitcoin returns.

they are juxtaposing bitcoin and gold as a place to invest .. not as an asset ,, both can say where investing .. but only differ in profit, bitcoin is more flexible while gold is more stable

gold or metal based money has an advantage that it is a material that can be melted and used for other purposes, while digital currencies are just information, they are only successfully useable by pure capitalists, actually,

of course there is additionally a bias of the gold industry lobby, but an urban world will need cryptographic currencies, its logical there is no other way or we are getting a orwellian communist nightmare,

i am completely confident about that, but not about bitcoin, because urban people will consider carefully the nature of cryptocurrencies, and bitcoin besides beeing decentral is actually not in the interest of the people there. that depent on ressource input.

upisdown

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Bitcoin has become very popular lately, but most people do not know about Bitcoin.
Not knowing it eventually became an excuse not to trust Bitcoin.
People think gold is safe because it has a stable price (although it fluctuates a bit).

Aliya Taj

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With Gold you run no risk of uncertainties, like sudden price falls and loss of value, i also think the fact that Gold is tangible makes it even more attractive, but on the other hand, using Gold is very unsafe as you cannot just carry it around. plus its very indivisible too and cannot be split into smaller portions to make smaller payments like BTC can.

Lamborgini

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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 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 can only be used as an investment asset, not for payment in supermarkets, restaurants or whatever it is. Differences with Bitcoin. Bitcoin despite its investment assets but Bitcoin can still be used as a transaction tool.

Jian_Liux

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Gold is a precious metal known from its indestructible nature, has a real physical appearance, and its selling value is stable. I think that's the reason why many people say gold is better than bitcoin. Another thing is gold is the only currency recognized by the whole world when their local money becomes obsolete in the market.

Matthew1968

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Gold trading is totally controlled by the policy of government of every country and it is less volatile for the investor. But bitcoin have a no controll of anybody or any country.gold prices are also much more stable than bitcoin in the trading market, but there is a higher chance to make a huge amount of profits from trading bitcoin than gold because of the huge volatility in bitcoin.

Jaxon1234

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gold cannot possibly be better. Can you carry gold about asking people to exchange it for goods or services.You know what must better some stores will be accepting also bitcoin. I hope also on my country they accepting bitcoin for as payment.

Luca.Luca

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Gold is an asset that is very stable. As an asset does not represent currency, no one will use gold as payment. You can only use it to trade/liquidate into cash. Low risk, blockchain and security is very important. Gold is indeed valuable, but it would mainly be for investment purposes not as a form of payment.

Harvey1960

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Gold has always been there since the beginning. It is the measure of your wealth back in the days. There were some people who will do anything just to get gold.Whereas Bitcoin is volatile, and yet to have an exact value as most of it’s value is being tied to investors and speculators that believe in it’s future development.

jamelyn

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before the bitcoin i think gold is better than bitcoin gold is just like investment if you can buy gold then keep it in a year gold is have a big value like bitcoin.but for me bitcoin is better than gold for now.

kmrunner

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Because Gold is a time tested asset, it has a long term store of wealth and there is always a ready market for it.

Donceng

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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?

because they were primitive people who lived in antiquity, and did not know the world of modern technology, so they say that gold is the best. but in fact today many gold investors are turning to bitcoin because they already know that investing in bitcoin is very profitable.

Commitments

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I don’t know when the people said gold is better than the other, what the reason why the gold is better than the other, because there are have any other optional for investment than the gold.like we can invest our money in bitcoin and invest money in bitcoin will be good than buy gold, the bitcoin price always have the moving value than the gold. Maybe they wanna get the money fast thank bitcoin and they want it faster.

kurdapyo

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gold is better because gold will always have its value while in bitcoin we never now or there is no stable value. For other reason i think why Bitcoin is better than gold is because it is much easier to have, earn and it can be mined in the easiest way

xWolfx

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Donating 10% to charity

Because gold have been around for a long long time and common people always go for the familiarity. The regular currency is supposed to be backed by gold but that is no longer the case like Robert Kiyozaki says in one of his books.

Another reason i because gold prize is not so volatile since it's a settled up market with a lot of years existing while Bitcoin is in diapers in comparision.

I wouldn't say it's better. I would say a lot of people considers it safer.

boss@laway

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So far this year, gold has climbed 9 percent, nearly doubling the performance of the S&P 500. Still, the move comes after the metal gave back about 12 percent from the start of September through the end of 2016,
"We have another relief rally in gold," Piper Jaffray technical analyst Craig Johnson said Monday on CNBC's "Power Lunch." "At best, I would say this rally runs out of steam 3 percent higher."

rasmadisulaiman

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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 better than bitcoin because it has a stable price and has a physical form. Although bitcoin prices are currently much higher than gold, bitcoin can make transactions faster between countries rather than gold, but remember! There will be a period where technology will return like the stone age, so automatically bitcoin is not worth the price compared to gold at that time. So are you going to say that bitcoin is better than gold?

MNtrio

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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 known from the start than bitcoin. There are lot of people still don't believe in bitcoin until now and other country still not accepting bitcoin. Gold they believe in gold more than money because more people see the gold but the bitcoin can't be seen because it's inside in internet. For me i'm in bitcoin because i have a chance to gain, get, buy bitcoin but in gold have less chance to have a gold in my life.

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