Topic: Why people says gold is better? - page 52. (Read 11686 times)
I think the only answer you can get it's just because the gold is real, I mean you can touch those thing and you can show to the others as easy to understand, it's different with bitcoin not too many people can understand doesn't matter how clearly ypu explain it to them.
It may also be true that some people say 'gold is better than bitcoin, because bitcoin prices change, if the price of gold remains stable.
They are just saying gold is better than bitcoin because they are not aware of what it brings. Some people are not aware of the latest digital currency and how this currency can help us with our daily transaction.
Because gold as they say is stable but sometime you need some risk to do so that your money didnt stock at the time if you invest bitcoin there is a risk all the time cause price is not stable but if you buy gold and kept your money will never grow up 
Buyers of investment gold, whether bullion or coins, will automatically fall under state regulation, there are distinct tax system, large companies-sellers. Meanwhile, the trade of bitcoin is not regulated, putting regulatory barriers in front of professional investors. And the volume of the market can not be compared. Cryptocurrencies clearly have a future, but even in the long term they can not claim the role of competitors of gold, and even more so, to assume its functions. Gold has been and will remain a universal insurance asset, which is indispensable in cases of serious difficulties of monetary systems. Gold is always easy to buy and sell. The same bitcoin, especially during the peak of volatility or the arrest of the next crypto-exchange accounts, is sometimes impossible to implement at all.
gold is better because they proven and tested by along long years but their price is stable unlike bitcoin no stable price will become high and low
and it will be a instant millionaire in bitcoin
and it will be a instant millionaire in 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?
Since ancient times, gold is regarded as the most important measure of the value of tangible assets. In addition, gold is used as a medium of exchange and capital accumulation. No wonder that today, many people still believe that investing in gold is much safer than buying cryptoecurrency such as bitcoin and others.
Gold has long stood and will stay for long. Gold is physical. Gold can be passed to future generations. Gold can be worn. There are multi-purposes for gold, whereas bitcoin serves as a asset as of now. Although, its variety of use may increase in the coming days, it still has a long way to go to attain the place of gold.
Gold is very old, whereas bitcoin is very young. Gold doesn't have to do much to stand the test of times, but bitcoin is not like that, it has to evolve and we will have to wait and watch that.
Gold is very old, whereas bitcoin is very young. Gold doesn't have to do much to stand the test of times, but bitcoin is not like that, it has to evolve and we will have to wait and watch that.
My speculation, maybe they do not know bitcoin or do not know how to use bitcoin, when in fact they admit that bitcoin is better than gold.Gold can be considered better if taken a look at for its stability. Gold has been around since pretty much the first civilizations, and it has always been valuable. It also has inherent value as it can be used for accessories, jewelry, and even electronics.
Gold is easily acceptable world-wide and we do not need Internet to sell the gold. Gold has many pro as compare to btc thats why gold is better because of stability of price less volatile.Only the major difference is the price. Gold price is stable and there is no stability in bitcoin price. Longterm safe investment gold is good and short time profit bitcoin is best.
Whether it's a television in every house or a mobile phone every person it doesn'ot mean they know the real technology. Everyone considered gold as a standard. Bitcoin is very new and has just begun to be recognized.They know about gold since ago.because they have trust about gold than bitcoin. And gold is a physical thing so their value decide according to weight. Bitcoin not like that. So people think gold is good invest than bitcoin.
Gold is an important real asset when the war ensues. chaotic economy including bitcoin. prices will drop drastically this will occur pure later. people will withdraw their funds for necessities
Yes, maybe you're right. Too easy to invest in and too easy to withdraw is how Bitcoin work. Sometime it is a good function/feature but sometime it turns into the dangerous one which could turn the whole crypto market into a bloodbath.Typically , Bitcoin will drag the whole market down if it's going down and that's the situation for now.
People have different opinions about what is better as an investment, and there is no right answer for everyone. Bitcoin is more speculative than gold, but it also can potentially appreciate much more. Gold is a good store of value and is recognized universally as money. Both are valuable.
We can use gold and appreciate its beauty in the form of jewelry and for keepsakes and for long term investment depends on the volatility of the market, bitcoin on the other hand is a virtual money.Though it had been there for helping humans in trading, in barter economy but now people simply use it either for ornaments or for saving their money. the problem with gold di that it is very much stable in its prices whereas bitcoin keeps increasing and decreasing in prices which makes people to enjoy profits after every short time period.
Gold in case of war, natural disaster would use, not bitcoin
Are you saying that in times of internet and electronic wars it is better to hold a kilo of gold than an external memory or a piece of paper with a code?
this was not but this may always depends on the situation that it can be done for so better to take what you are trying to take for that bitcoin are very comparable at gold but we all know how may good gold is because of its price that are more stable , unlike in bitcoin that it cant be stable but we can earn a lot of profit from it.
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.If we save gold for future,our profits will be very low.But on the other hand bitcoin gives huge profit returns in a very less period of time.That is why investers prefer investing in bitcoin rather than gold.
My vote will be for bitcoin since it is easy to use, carry and has more potential than gold for increasing in value and leaving the investor in some really big profit.Gold has a longer history as a store of value whereas bitcoin is thought of as a digital version of gold. Over time gold has proven itself, whereas bitcoin is relatively new. I think both have their place as investments.
It is the measure of your wealth back in the days. There were some people who will do anything just to get gold.and not only that. Gold can be used in diffetent ways.just like in food, decorations, jewelries, etc. It's better and useful many ways. 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.
Gold is an important real asset when the war ensues. chaotic economy including bitcoin. prices will drop drastically this will occur pure later. people will withdraw their funds for necessities
Because gold has a stable price, it is also considered more reliable. But it is very difficult to make money on it, it is rather an investment. But bitcoin, in view of its unstable prices, allows not only investing in it, but also earning money.
Gold is less of an investment it’s more of an asset with a largely stable value and a positive price trend Jump to: