Topic: Why people says gold is better? - page 76. (Read 11686 times)
Because of the stability of gold for the past years. Gold is the basic of money. Even before money was invented, people long ago used gold and other stones in exchange. But I despite the historical popularity, bitcoin is still better than gold. Bitcoin is versatile, it can be considered as money used in exchange of products and services. Others consider bitcoin as commodity.
Because everybody knows about gold and they all accept it's value. Bitcoin is a new concept for most of the people and they don't really trust it, but I think it is the digital gold. Lately the digital overtook the old systems, so it's just a matter of time till bitcoin is the new gold
I do not know why they say gold is better than bitcoin, while bitcoin transactions are spreading in their midst.
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.
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.
that is what I am thinking too may be they don't really know what bitcoin really is. but then maybe they say that gold is better that bitcoin because bitcoin is volatile as it is cryptocurrency while gold has a fixed value it only increases by time. in the first place for me there is no reason to compare gold to bitcoin as they have completely diferent purpose in the world. I mean bitcoin we earn without investmetn while in gold you need to invest.
Many people want gold because of it's value and also gold is treasure.
The value of bitcoin is more important and our beautiful coin is the real treasure. The interesting part of gold is its stability comparing to Bitcoin.
Many people want gold because of it's value and also gold is treasure.
It quite an old fashion thinking, and it's just cannot be compared. Gold is one of the most stable and peaceful harbors during the market storms. And Bitcoin is highly volatile and risky quadruple profit instrument.
I think gold is useless. That thing coming from Stone Age and something need to replace it. This this is Bitcoin.
Gold broke 1,300. Seems it was stuck at that resistance level. Could be a good year for gold. I have both btc and aug, no reason to compare the two, gold has been around thousands of years it's not going anywhere.
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?
As you said some are accepting bitcoin as payment but we all know that bitcoin is not that legalized and that's the big problem of bitcoin compare to gold even we cannot use it as a payment, atleast it is legal and it has a higher value and maybe it was the reason why people would rather to choose gold than bitcoin.Actually, they have the same characteristics, since most places do not accept bitcoin as payment then we have to exchange it so that we could use it and the same with gold, we also need to exchange it but gold is accepted by the government because we can do something with gold.
If your going to restaurant and dine in crave for foods then after you pay gold. They dont have the things they need to test wearther it is fake, for purppose not unless you dine in inside the gold store or in pawnshope. Checking matters it is true or fake.
Because price of gold never lower than cost for production gold. And cost for production gold is about $900/Toz
Investing in bitcoins is more profitable than gold, but many people say gold is better than bitcoin because gold is a precious metal, and it has a long history and gold is more stable than bitcoin.
For now bitcoin has the greater advantages than gold as what other people were most saying by means of feedback and reviews. Well those who were clamining that gold is better, I can difinitely understand their impressions because they're long time investors of gold and they really earned good profit from it. I don't think gold's profit is bigger than bitcoin, because it may take years to make gold's price increase its value.
Ppl say gold is better because it is physical and crypto is "something in cloud". With gold you cant miss, but with crypto you can gain a lot and really a lot more.
Yes, gold is visible to the naked eye, and then you can't see bitcoin, they're just afraid of the Internet and the unknown, and they think that's a ponzi scheme. 
Everyone is thinking right now about intrinsic value. Some of the experts are believing that gold is having intrinsic value by physical presence in the world and where you think in the same way for bitcoin then it is not having any physical presence. But now valuation rule can be changed by the people consensus mechanism. Gold is valuable because people believe it is valuable and in the same way for bitcoin also.
Investing in bitcoins is more profitable than gold, but many people say gold is better than bitcoin because gold is a precious metal, and it has a long history and gold is more stable than bitcoin.
Societies, and now economies, have placed value on gold, thus perpetuating its worth. It is the metal we fall back on when other forms of currency don't work, which means it always has some value as insurance against tough times.
Gold has been the standard currency since the beginning of time. Paper money and shares of stock would be rendered useless in times of war. In ELE or Extinction Level Events, even bitcoin would be useless. Have you seen Doomsday Preppers? Gold is the standard.
during the financial crisis when the market other securities just dried up you could buy and sell your gold with ease. Bitcoin was invented in 2008, part way through the crisis, so we don't know whether it would truly pass this test until we have the next crisis.
to buy and sell bitcoin we need internet connection. without it we can not do.
and bitcoin has long history. it has passed the time. f
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 bitcoin is more practical and safe when used for transactions, if bitcoin transactions we only need smartphone and internet connection, but imagine if a restaurant receive gold payment, it would be much more risky if the transaction using gold. 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 worth it, gold also as a standard currency. If bitcoin values go up and it's very risky. maybe that's why gold is better.
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?
People do not know crypto money yet enough. So gold is the main currency. if the rise of bitcoin continues like in 2017, it may take the place of gold in next 20-30 years. but for this the change in value of bitcoin must be stabilized as gold.
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