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Topic: Why people says gold is better? - page 55. (Read 11686 times)

newbie
Activity: 131
Merit: 0
February 03, 2018, 10:41:04 AM
actually the price of gold and bitcoin is no different, because the price of gold and bitcoin sometimes go up. but bitcoin prices are higher than gold.
member
Activity: 574
Merit: 10
February 03, 2018, 04:27:04 AM
why people say gold better, if your goal is to earn money, I think gold is for me just to make a decoration or to save money. Similarly, the selling price of Gold will fall from the purchase price.
While bitcoin will continue to increase over time, so we prefer to store bitcoin rather than gold. so we get many more benefits.
sr. member
Activity: 574
Merit: 253
February 03, 2018, 04:20:18 AM
in my opinion, many people say gold is better than bitcoin because the price of gold in the world market is very stable, not affected by various issues that occur in one country. and everyone in the world knows about gold and how its usage. while bitcoin prices are unstable, very easily influenced by various issues, many countries forbid the use of bitcoin.
This is because the gold marketcap is very large and very difficult for anyone even a country to make the price of gold rise or fall significantly, of course different from bitcoin that is still volatile and easy to speculate.
sr. member
Activity: 523
Merit: 285
February 03, 2018, 04:14:39 AM
BTC is very new in this world, people hasn't understood yet where it can go and they find it too unstable. Second reason is people don't like changing. No matter of what. Bitcoin is an big "changing".
full member
Activity: 378
Merit: 100
February 03, 2018, 03:58:32 AM
I think bitcoin and gold can not be equated because bitcoin is crypto while gold is a precious metal, the use of gold and bitcoin is also different, I myself prefer gold than bitcoin.
newbie
Activity: 22
Merit: 0
February 03, 2018, 03:54:47 AM
Because gold is common than bitcoin but theres have no idea what the value of bitcoin if they change into a money.
member
Activity: 106
Merit: 12
February 03, 2018, 03:53:19 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?
Well, we have different aspects and beliefs in life. Some people may say gold is better than bitcoin will some people will prefer having bitcoin. For me, bitcoin is better it is because cryptocurrencies will be our future money so it will be more profitable for us to have cryptocurrencies as early as possible because it will benefit us in the future.
I think just because they are use to of sale and purchase of it and they don't get into complex things like cryptocurrency. Most of the people invest in gold because gold is simple and not complicated during the sales process, plus most people believe more with gold than bitcoin. As in the know gold has been long enough and has become investor confidence.
newbie
Activity: 122
Merit: 0
February 03, 2018, 03:50:37 AM
selling gold is not as easy as selling bitcoins. You have to go to the gold shop first because there is a process to go through.
But why gold is better? because gold has been a reference of valuables and currency since ancient times.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
February 03, 2018, 03:49:42 AM
Gold has been trusted since thousands of years ago as a valuable and stable commodity.
no one denies gold remains a commodity for storing assets or as jewelry. Bitcoin does not have a standard price, this makes the holder must be careful.
jr. member
Activity: 160
Merit: 3
February 03, 2018, 03:46:44 AM
People says gold is better because they are skeptic about bitcoin and for them they don't trust the bitcoin price and doesn't believe, according to an economist Jim Rickards on gold versus bitcoin — intrinsic value is meaningless for both but the bitcoin prices aren't real. For me, both gold and bitcoin are expensive and valuable.
sr. member
Activity: 243
Merit: 251
February 03, 2018, 03:38:34 AM
The prices of bitcoin and other altcoins are volatile, as can be seen from the recent highs and lows in the prices. From an investing standpoint, investing in gold is much safer as the price is very stable. That said, there is a greater opportunity to make a 'killing' in cryptocurrency  Smiley
full member
Activity: 420
Merit: 100
CAT.EX Exchange
February 03, 2018, 03:34:05 AM
in my opinion, many people say gold is better than bitcoin because the price of gold in the world market is very stable, not affected by various issues that occur in one country. and everyone in the world knows about gold and how its usage. while bitcoin prices are unstable, very easily influenced by various issues, many countries forbid the use of bitcoin.
FRJ
member
Activity: 280
Merit: 15
The Worlds Most Advanced Distributed Computer
February 03, 2018, 02:24:04 AM
I think people who say that gold is better than Bitcoin, they really do not know Bitcoin, when they do not know, because Bitcoin is a digital coin and gold is a digital coin? All the modern markets in the world, all the transactions in the restaurant are made through digital currency, and one of the coins in this digital currency is Bitcoin, after that and some people think that gold is better than Bitcoin, because they think gold is running in the whole world. A wealth, and bitcoin are not a deal between all countries, so they think gold is better than Bitcoin,

Bitcoin and Gold These two are very expensive in the present world, but there are differences between Bitcoin and Gold, as there is no transaction through gold, and Bitcoin deals through, so I think Bitcoin is better than gold,
full member
Activity: 322
Merit: 110
elysian.finance
February 02, 2018, 11:11:35 PM
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?

Maybe,  those that are telling that gold is better than bitcoin  doesn't know the true meaning and use of bitcoin. Maybe they doesn't know exactly how bitcoin works. They just aware that bitcoin is expensive and it is a digital currency, that's it!  For if you know exactly the benefits of bitcoin everybody can attest how bitcoin works and how it is being used now. By that, we can clearly say that bitcoin is much better than gold.
full member
Activity: 363
Merit: 100
February 02, 2018, 11:00:41 PM
I think some people say that gold is better than bitcoin is because the price of gold is not easily change but for me bitcoin is better because you can earn bitcoin easily and if you buy bitcoin is a lowest value,after a few months you will earn high profit.
full member
Activity: 238
Merit: 100
February 02, 2018, 10:59:56 PM
One of the reasons why people say that gold is better because the value of it has not yet fallen compared to bitcoin. There was lots of negative news about bitcoin because of its recent plunge value last week and for me, crypto currency seems to suffer more disappointing days on the markets which will make other people to panic selling. However, according to Ran Neuner, CEO of On Chain Capital once said "cryptocurrency game hasn't even started yet".
newbie
Activity: 91
Merit: 0
February 02, 2018, 10:48:22 PM
Both Bitcoins and God are having importance. Probably, people choose gold than Bicoins because Bitcoins is digital transaction and nan-tangible while Gold is a precious tangible metal.
newbie
Activity: 82
Merit: 0
February 02, 2018, 10:45:39 PM
In my own opinion, people would say gold is better than bitcoin because gold is tangible, low risk and its value always appreciate over time. You get to hold of it therefore it is much controllable. There is security when you can get a hold of something.

Bitcoin on the other hand is over the internet and volatile. Price may go up and high which is a bit unpredictable. Theremore, makes it very high risk. When you cannot control of something, you feel insecurity and uncertainty.

With gold, you can also easily convert it into cash (by selling or pawning) in real time. Unlike bitcoin or cryptocurrency, it may take few minutes depending on the ‘workers on the blockchain’.

However, for me, both are assets. It's good to have either one but best to have both.
member
Activity: 266
Merit: 10
February 02, 2018, 10:42:14 PM
Gold such as investment products, has been accepted, as a new product, the currency by the people who know much, only a small part of the country to accept the currency payment, the currency can replaces the position of gold in the field of payment, depending on the development of the later.  Cool Cool Cool
 
newbie
Activity: 82
Merit: 0
February 02, 2018, 09:48:19 PM
Because is not, simple as that
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