Why people says gold is better? - page 65.

macartem

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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 gold is really a better currency. All budgets of countries depend on their gold fund

Rascar Capac

full member

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Looking at the past when many people were believing that gold is universally acceptable asset and stable in the price that I think was the reason why many people became very attached with gold. 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.

glanmarc

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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 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.

sana gull

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Quote from: Giebaymax on January 30, 2018, 04:58:47 PM

if you look at the price of gold from the first time until now did not experience such a high price increase but this makes people prefer to invest in gold while the bitcoin from every second it has an erratic movement and now bitcoin already has a high price but may also be down

Only those people who want to keep save their money for a long time they consider gold as more good than bitcoin. in fact they do not have any concern with trading, they do not have any idea about trading and investment therefore they do not value him.

jhonnydeep87

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In fact, gold looks more reliable than bitcoin and we have been using it for a long time. Therefore, this opinion has been formed on gold. Cool

Walrus1

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Omg I am so sick of these threads, just get gold to compliment your investments, it's not rocket science

maaydin

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First of all gold is not a currency and it is an asset so even if you want to make payments for a coffee with gold it is not logical as you would have paid more on fees to convert it to the usd.

HappyDevil

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"Gold is a precious metal because:

1. Rare, treat 10 tons of soil, pebbles make a new gold. Estimates in the world are only 19m gold.

2. Gold does not rust, no allergy used to mold the statue without time ruined after decades. Gold does not cause allergies, beautiful but durable, no maintenance without degradation. Gold is used for sensitive circuits in computers.

Crafts12

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Quote from: Addywealth on January 30, 2018, 05:09:31 PM

Gold is better bitcoin, gold is a natural resources which can transformed to several commodities, it is renewable and can not be manipulated while bitcoin is man's initiative. Bitcoin can be manipulated.

It depends on the user to be exact. Actually we dont need to comapre the two because they are different from each other and they have different characteristic. Yes its true what you have said but when you look on the uniqueness of bitcoin youll find out that somehow it is better than gold at the same time. Its just a matter of perspective and how you are going to use it either gold or bitcoin.

Jannalsieh

newbie

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It's just a matter of application. Like job applicants with a degree of computer science would apply to Apple, or google or microsoft.
But with political science they may want to go to Law firm. Same with byc and gold, u can't go to supermarket and have gold bar exchanged with toblerone bar! You'll need cash, paying with gold is just too much..like an overqualified job applicant!
Heheheh
Ok another note, btc is very flexible..while gold more stable

chikading2016

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Why people say gold is better? Why? Just simply they only knew if they have gold it is more precious that can convert directly into cash anywhere. But they don't know that bitcoin for now is much better than gold because you can make your own money and there are many benefits and advantage than gold. . Bitcoin is much secured than gold. On my opinion bitcoin is much better than gold.

Nitroali

copper member

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#41 Haga

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 gold is an asset investment it is a physical commodity that people cannot destroy ! It is used since thousand years not only for investment but too for instruments .
If you ask what is gold to your grandmother she know very well what is and intrinsecal value , the same is not sure with Bitcoin .
Bitcoin value is only speculation , no one could guarantee the value in future .

andylowe

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Quote from: Giebaymax on January 30, 2018, 04:58:47 PM

if you look at the price of gold from the first time until now did not experience such a high price increase but this makes people prefer to invest in gold while the bitcoin from every second it has an erratic movement and now bitcoin already has a high price but may also be down

People say gold is better because they dont know bitcoin yet. They dont what was really bitcoin is. They always say gold is better because this is the one they always use. As we can see right now, golds price remains but bitcoins price became more higher. Investing bitcoin is really good than gold because it becomes higher and higher.

NeverSop

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HODL

Those who do not take the risk of investing in bitcoins and who choose the safer option are investing in gold, a stable asset. Gold is a long-standing asset so it is used around the world as a kind of saving asset with very low returns. Bitcoin, in contrast, was created 9 years ago with a small cryptocurrency market, but it has the strongest growth rate in all assets, but the biggest risk of bitcoin is its strong fluctuations. This makes the people who do not like ventures refuse to invest in bitcoin.

Rascar Capac

full member

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Many investors buy gold to hedge against the decline of a currency. As a currency falls, it creates higher prices in imports and inflation. Gold prices spike when the stock market crashes. Others continue to buy gold because they see it as a finite valuable substance with many industrial uses. Last but not least, gold is held by many governments and wealthy individuals.

joan26

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Simply because gold is forever known to be an asset. Since then golds popularity cannot replace by any currency.
It is not acceptable as payment because it's not currency that can exchange. But today's technology brings us bitcoin where you can use an payment and an asset.

tatianaellery

newbie

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People think gold is safe Cool

because gold prices are also much more stable than bitcoin in the trading market .
and that people who buy Bitcoin always have a fear that it's price may drop anytime Shocked

dimonstration

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Dimon69

Quote from: Giebaymax on January 30, 2018, 04:58:47 PM

if you look at the price of gold from the first time until now did not experience such a high price increase but this makes people prefer to invest in gold while the bitcoin from every second it has an erratic movement and now bitcoin already has a high price but may also be down

exactly this is more on how they may see that gold are always increasing but not as gradually increase unlike in bitcoin in just in a very short period of time it was been increase and now been compared by gold.

First77

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Quote from: Addywealth on January 30, 2018, 05:09:31 PM

Gold is better bitcoin, gold is a natural resources which can transformed to several commodities, it is renewable and can not be manipulated while bitcoin is man's initiative. Bitcoin can be manipulated.

for all the gold and silver live price, updates, news, best buy offers and more.. See my twitter link Wink

Addywealth

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Gold is better bitcoin, gold is a natural resources which can transformed to several commodities, it is renewable and can not be manipulated while bitcoin is man's initiative. Bitcoin can be manipulated.

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