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Topic: Why people says gold is better? - page 71. (Read 11717 times)

jr. member
Activity: 77
Merit: 4
January 10, 2018, 12:16:18 PM
Actually, gold is very precious for people . gold is used in difficult situation ,can be utilised anywhere and people are more aware about gold as compared to physical currency or stock.  Gold's physical, tangible and precious that has been around for the past several years make it better . Bitcoin is new and people cannot trust it completely.
sr. member
Activity: 462
Merit: 250
January 10, 2018, 12:05:04 PM
Well this question is often asked by many. As you can see gold's price only appreciates as time or should we say years passes by. It only increases in value and can be held by a person for a long period of time. Unlike cryptocurrency, prices or values of each coin changes multiple times only within a day period. It will generate profit yet can also generate losses quickly .
newbie
Activity: 11
Merit: 0
January 10, 2018, 12:01:52 PM
If gold is better that is because it is a precious metal since always. Gold prices have always gone higher and higher rising from approx 3000 per 10 grams in 2000 to 27000 in 2017. As the gold reserves will be reduced, it will lead to higher prices of gold. This enables people to gain profits from gold. But these BTC are also going popular in terms of giving profits to the people.
sr. member
Activity: 588
Merit: 256
January 10, 2018, 11:25:56 AM
almost everyone says it. yes I think that's true because gold prices will always be stable in every year so we can more easily predict the gold price, and gold is now also known by everyone in this world and gold is very easy to get, and can easily on sale when we need it because gold is very in trust by everyone
member
Activity: 98
Merit: 10
January 10, 2018, 11:06:56 AM
That is funny, its true that people say bitcoin functions the same way as gold but to expect supermarkets to accept gold is outrageous! Bitcoin is a digital currency and also represents as a digital money, but gold is a tangible thing that values so much, in addition to that... you can't classify if the gold is real if you have no appraisal skills! It is not fair to compare those two, you can't just accept a gold when you dont even have a change for that, unlike btc where you can pay cashless !

Anyways I think the reason why people say Gold is better because the whole world and the history agree that gold will always have a high value. Unlike currency especially cryptocurrency which is btc, the volatility is high and they are still threats that its value might go downhill if people lose trust.
full member
Activity: 344
Merit: 107
January 10, 2018, 10:57:09 AM
Definitely Bitcoin is better than gold because BTC price are so much expensive.But i don't know why people says gold is better than BTC.Most of the developed countries now accept Bitcoin.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
January 10, 2018, 10:55:36 AM
In the case of trust, it is difficult to determine who is worthy of it to a greater extent. In both cases there are both great dangers and effective solutions. So what's better, bitcoin or gold? Apparently, this will remain a matter of personal choice.
you're right, this will remain a private matter. it all depends on the person, because some people think that gold is better because it is physical, and some people like bitcoin.
jr. member
Activity: 140
Merit: 2
January 10, 2018, 10:46:36 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?

if gold is sold is a money. Gold is far better. It is a barometer of a nation's wealth beside the gold is a true money that will last in a thousand years.
I doubt btc could last in a hundred years since the technology move so fast and new currency will revolutionize to beat the status of cryptocurrency.
member
Activity: 514
Merit: 10
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January 10, 2018, 10:42:25 AM
In the case of trust, it is difficult to determine who is worthy of it to a greater extent. In both cases there are both great dangers and effective solutions. So what's better, bitcoin or gold? Apparently, this will remain a matter of personal choice.

Gold has a more stable price and is not surprising to go down and up and much different from Bitcoin.
member
Activity: 99
Merit: 10
January 10, 2018, 10:37:56 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?

 Maybe those who say that are people who do not know bitcoins and crypto currency. So they do not know what the bitcoins give us. Perhaps the gold is really used by people in ancient times so its value for gold.
newbie
Activity: 70
Merit: 0
January 10, 2018, 10:35:37 AM
For a long time, the value of the gold lock by the whole world, he is regarded as the value of the hedging, while the currency now under development, only part of the country and government admitted, so its value is not stable
full member
Activity: 280
Merit: 100
January 10, 2018, 10:21:35 AM
In the case of trust, it is difficult to determine who is worthy of it to a greater extent. In both cases there are both great dangers and effective solutions. So what's better, bitcoin or gold? Apparently, this will remain a matter of personal choice.
member
Activity: 62
Merit: 10
January 10, 2018, 10:05:28 AM
it is because gold is tangible and the bitcoin is not..
they think bitcoin is nothing and gold is high worth of jewerly.
But in our side bitcoin is more important than gold
sr. member
Activity: 728
Merit: 251
January 10, 2018, 10:02:13 AM
gold is a very valuable item for everyone in the world, until whenever gold will never die and will always be used by every country.
gold is a jewelry that is always in use for people needs or style in their lives. gold is better, this item can be used in shopping or business
full member
Activity: 167
Merit: 105
January 10, 2018, 09:58:37 AM
Good thing about gold is its stability. If you just want to store your asset, go for Gold. If you want to invest and be part of a blockchain community that is changing the future, go for Bitcoin. So either or, or go for both.
Gold's price is really almost stable and most people choose gold because they are sure about it unlike with bitcoin the price is volatile which means it keeps on changing and they are never sure about what the price is going to be but other people take this as an opportunity to invest in bitcoin and be profitable.
member
Activity: 225
Merit: 10
January 10, 2018, 09:27:14 AM
Gold is not volatile unlike bitcoin. If you really use bitcoin as payment, you will understand how irritating its volatility. In gold, there is still a good security and you can really see your assets. Both have a good future. It is your choice if you want to choose between analog or digital goods.
full member
Activity: 168
Merit: 100
January 10, 2018, 09:16:47 AM
indeed the gold is very valuable even we can use anywhere, everyone also recognizes that gold is a valuable item, since ancient kunopun gold has started valuable until the modern era is now even gold is still valuable. but now the price of gold is below the bitcoin price, why people still think gold is still better. what makes people say that? what is their reason to make gold more valuable and better?
newbie
Activity: 42
Merit: 0
January 10, 2018, 08:49:16 AM
when you purchase gold in lowest rate and after some time its price is increase and you sell out it.
newbie
Activity: 70
Merit: 0
January 10, 2018, 08:46:28 AM
Perhaps they believe in the physical, classic, and longest standard for currency since the early ages. Gold has been the standard and since it is tangible, it is easier to believe in
member
Activity: 532
Merit: 15
January 10, 2018, 07:19:31 AM
Once gold was used as the medium of transaction or money, then gold became the reserve to issue fiat and bills, and people are using gold from centuries, every child grows up seeing their parent values gold especially above other things - so, people still love gold. Also, the limited supply of gold makes it more precious day by day. Now, of some people loves gold over cryptos or Bitcoin, that's their choice.
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