Topic: Why people says gold is better? - page 50. (Read 11717 times)
I do not understand the opinion of most people that gold is better than bitcoin, whereas its bitcoin value is higher in the market. In fact, they use it a lot of bitcoin in the appeal of pure gold. And bitcoin is easy to use on the market such as hotels and supermarkets. Thanks #CMIIW
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 think the Main reason is the trust to have worth in your hand , I am not saying that I have trust with gold more than bitcoin but in actual I mean to say that if you have money in your hand then that money in your and when your money is not in your hand then you will have feeling that there is small risk .Most of the people will say gold is better to have Because it is offline but still most of them will prefer to use bitcoin Because bitcoin is a type of medium only not any worth Value product in practical life .
Bitcoin is just a medium to make trading and earnings but gold is a offline option to save money which is surity that you have something better in your pocket .
Some people say that gold is better than digital currency, as the value of gold always remain constant where as in the case of bitcoins the value keeps on fluctuating which is quite normal in any financial market. Now the price of bitcoins has a dip in the market for correction, same with all stock exchanges and other reason is people fear that crypto currencies will be lost due to hackers but Gold is a fixed asset and can be converted into cash whenever required so some people who are outside of the crypto market do prefer the traditional currency and the precious metal.
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 compare to bitcoin has a fixed value or it gets higher but not gone lower unlike bitcoin. Gold maintain it's value from the very beginning up to now and surely until the future. It was already tested by all of the generations. While bitcoin was only introduced recently and do have a fluctuating value.
Bitcoin and Gold investing are two different things. People hold gold because it is stable and will not easily fall overnight. Bitcoin on the other hand has the potential for both a huge move up or down..
Some people might argue out that gold is better because it is a precious metal , and a physical asset.it value grows over time.some old and matured men will still stick to investing in physical properties than cryptocurrencies eventhough cryptos has greater ROI THAN gold.
I believe more and more ppl who truly used bitcoin or other alt coins for a considerable period of time , they would like bitcoin more than Gold.
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?
In my own opinion, Gold is so much better than bitcoin because gold has a physical value and it will not going to get affected even if there is an internet disruption. The price of gold is not volatile like bitcoin, maybe you cannot use it as payment in the market but you can sell it in a different shape what I mean about this is you create a jewelry and sell it on a high value, gold is also pleasing in eye because, you know it was gold, if you wear gold you look luxurious more stylish but in terms of investment if you like a less risky investments then buy or invest at gold.
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?
Everyone has their own opinion that the value of gold is recognized worldwide and its value is stable.Bitcoin is now recognized only by some people, and many countries do not recognize the value of bitcoin. But bitcoin is now recognized in some countries, and its potential for development is so great that it may be more rewarding to invest in bitcoins.
This is not about using. Gold is more stabil. And most popular economic factor. Most real money is gold indexed
I think its because gold is popular all over the countries. Higher value in the market. You can used it in form of jewelry. You can see and touch unlike bitcoin that digital.
This is not about using. Gold is more stabil. And most popular economic factor. Most real money is gold indexed
Because gold is real and people often use gold for transaction and gold is tangible
The people saying that gold can't be spent in stores or is jewelry likely don't own any significant amounts of gold. The people who hold and store gold for the long run in my experience often don't own any gold jewelry at all. Owning gold for the long term means holding gold bars that you'll rarely see because they are in your bank's safety deposit box; and the only time you see it is when you order more bars and transport them to your bank; or in the form of gold certificates held by your commodities broker.
People are just saying gold is better because of it's popularity. For those who don't know what could bitcoin do, to reach the high price maybe they will think twice if gold is better for them. But for we all know is better and much better.
Maybe because gold is tangible and bitcoin is not. I remember telling other people about how good investing in bitcoin is and they were doubtful about it because they say it has no assurance that their money would grow.
I don't agree with that because gold is hard to find but Bitcoin is easy to find. You can get a Bitcoin money through this site and your ether wallet.
I think why other say gold is better than bitcoin maybe because there not user of it or they are collecting gold only. For me there are both good interms of investment, but bitcoin is much profitable than gold.
Maybe gold is considered more comfortable to store but for price increase not as fast as bitcoin, and gold is accepted in all countries if one day we need money can sell it anytime and anywhere
Maybe because gold has stable price than bitcoin, but nowadays you cannot easly use gold as payment compare to bitcoin, though bitcoin price is volatile but it is more convenient to use, gold can easly attract thieves compare to bitcoin. Maybe they differ in price stability but interms of convenient and security I willgo for Bitcoin.
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 now a days is very expensive and the value is also growing as the time goes by so it is also good for long term investment. The down side is that, it was not obtainable by just a simple person who's not working on mining while bitcoins can be invested by anyone and that is the reason why cryptocurrency is on the mainstream right now, its because everyone can work to earn either bitcoins or altcoins.
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