Why people says gold is better? - page 64.

Sendibere

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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?

For me, the gold is better because the value of a gold is become higher after a long time. While the Bitcoin, we don't even know if it will last forever. Now the bitcoin know them because the value is too high but the price is inconsistent, but the gold will last forever.

giogio0504

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I do not understand why bitcoin is always compared with gold, these two are different types of assets, and i am sure both of them have there own place.

764y111

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In my opinion, bitcoin is better because it helps me earn more money quickly. Gold can store safer and its price does not increase or decrease quickly. Depending on the purpose of the investment

sicnarfkswiss

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Perhaps they have more gold than bitcoins, as for me Bitcoin is better because gold and physical commodities can just be used for a few things like storing wealth, industrial uses, and jewelry while bitcoin, however, are part of a much larger shift in technology.The rise of the internet has allowed for the nearly instantaneous transfer of value from individual to individual and institutions around the globe. You can't hold gold in your smartphone, but it is perfect for keeping bitcoin and other crypto-assets via a digital wallet.

jakezyrus

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Quote from: UZIzzzz on January 31, 2018, 02:20:49 AM

I think it's just because gold can be seen.
Bitcoin is just a bunch of code, and in most people's eyes, bitcoin is just a ponzi scheme, so they still need to change their idea.

exactly this is the main reason on why most people says or thinks that gold is better than bitcoin but let them be fooled or blinded by the real truth because in the end we are still the ones who profits more just because we believe and embrace bitcoin on our selves. people who says gold is better than bitcoin are newbie to cryptos because they dont really know the potential of bitcoin. bitcoin on the other hand is still more valuable even though we cant see it or feel it.

zefirka26

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Oтчacти этo нocтaльгия, кoтopaя oтнocитcя кo вpeмeнaм, кoгдa вaлютa вaлюты былa пoддepжaнa зoлoтoм. Hapoд жaждaл, чтoбы чтo-нибyдь физичecкoe пpeдcтaвлялo иx вaлютный фypop, и paнee дaннoe cимвoлизиpoвaлocь зияющим жeлтoвaтым дpaгoцeнным cплaвoм, имeнyeмым зoлoтoм. Cтapыe пpивязaннocти пoгибaют нeлeгкo, зoлoтo oтдaёт вocпoминaния o cтapeнькиx дeнькax и ycпoкaивaeт житeлeй нaшeй плaнeты в тoм cмыcлe, чтo y иx ecть чтo-нибyдь физичecкoe, чтoб пpeдcтaвить coбcтвeнныe cтapaния. Биткoйн - этo нaшe бyдyщee.

Indai24

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Quote from: Kirb29 on January 31, 2018, 02:12:31 AM

yes. and gold just have own store, than why people say gold is better than bitcoin?
simple i think. gold cant broke, and bitcoin can broke. if in this world internet down forever, are you still invest bitcoin? still earn bit and altcoin without internet? god's creation cant loss form this world, and reverse from it, human's creation can loss.
gold is pure treasure, everyone know about gold. all people accepted (although not acceptable as payment) and never say gold is dangerous, because if you have it, it mean you gain profit if sell to other.
bitcoin is treasure, but not all people know about bitcoin and not at all accepted bitcoin (although accepted as payment in many store). a lot of people even the government and bank say dangerous. because sometime you will loss a piece of your fund if you can handle careful.

I don't believe that bitcoin is a treasure because when we say treasure the value itself will appreciate just like Gold however bitcoin do deppreciate, so I guess your statement is quiet contradecting. Gold cannot be compared these are precious and likely the best.

jusjeruk

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It is a partial nostalgia that dates back to the days of fiat currency backed with gold. People long for something physical to represent their monetary success, and used to be symbolized by a yellow gold precious metal called gold.

UZIzzzz

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I think it's just because gold can be seen.
Bitcoin is just a bunch of code, and in most people's eyes, bitcoin is just a ponzi scheme, so they still need to change their idea.

Kirb29

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yes. and gold just have own store, than why people say gold is better than bitcoin?
simple i think. gold cant broke, and bitcoin can broke. if in this world internet down forever, are you still invest bitcoin? still earn bit and altcoin without internet? god's creation cant loss form this world, and reverse from it, human's creation can loss.
gold is pure treasure, everyone know about gold. all people accepted (although not acceptable as payment) and never say gold is dangerous, because if you have it, it mean you gain profit if sell to other.
bitcoin is treasure, but not all people know about bitcoin and not at all accepted bitcoin (although accepted as payment in many store). a lot of people even the government and bank say dangerous. because sometime you will loss a piece of your fund if you can handle careful.

hao2067755834

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Unibright Token Launch - 10th April 2018

BTC is a form of currency, and gold has other USES, from jewelry to dentistry to electronics.

Gold remains one of the most liquid assets and can be traded on exchanges across the globe. The encryption of digital money markets, though expanding rapidly, has not yet reached that level.

Meryn

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because of some things. first, it may be that gold talk is better because they do not recognize bitcoin and do not use bitcoin. secondly, they know bitcoin but they are afraid to use bitcoin. because there is a lot of bad news about bitcoin. especially when some countries do not allow bitcoin as a payment medium. and it raises fears to them getting to know and use bitcoin.

gamechain

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Quote from: glanmarc on January 30, 2018, 06:23:10 PM

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 still better than bitcoin. Because if bitcoin is the father of all cryptocurrency. Then The Real money is the father of bitcoin. And Gold is the father of Real money. Did you get it? I hope you got it. Gold is also can be made as Jewelries unlike bitcoin. Yes, bitcoin can be exchange to cash. But Gold is still better.

Because gold has the function of value and value scale, the total amount of gold is relatively stable, and when there is uneven distribution there will be price increases.

juiceannabel

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I think they said that because the gold price is much more stable than bitcoin
Every crypto have unstable price.

uinu

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Because the gold is governed by the government, his value is universally acknowledged by all countries. Bitcoin is still banned in many countries now, and bitcoin is a virtual currency with relatively large fluctuations.

rajkr

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I think gold is very old asset for trading.and people have faith in this material.and from previous it is giving contineously return because its demand never goes down.

josephpogi

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There are many reasons as to why people say that gold is better than cryptocurrencies especially bitcoin. An example of this is because gold is stable, you would never fear a decrease in value. In fact, the value of gold is so stable that it has stayed in tge market for a very very long time to the point that it had been a basis of monetary valur for national currency. Moreover, the fact that it had stayed in the market unlike the bitcoin and other cryptocurrencies that has only been actually in the market for the past three years adds a sense of securoty to those people. We can really never blame them if they think bitcoin is not as good as gold in the long run. After all bitcoin is not tangible.

Portia12

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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 already used long long time ago it can be use to buy materials. They use it as a payment for our daily needs like buying foods and water. Traditional gold is the asset for all country. They use it to see if that country is rich because gold is more expensive.

zhanyiguai261315

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Probably because bitcoin is just a digital currency.

And gold is tangible and can be touched! Many people do not know the existence of BTC, and the golden age people's position is irreplaceable!

The price of gold is relatively stable, and the price of bitcoin is unstable.

removebeforeflight

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Traditionally gold is a solid asset for a country and Bitcoin is a digital asset, both have different merits and demerits. Gold is considered as a solid asset for people also for some few decades and Bitcoin is an emerging digital asset, however in future people and countries would consider Bitcoin as an asset I think. It may take some few years but it would happen for sure.

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