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Topic: Why people says gold is better? - page 82. (Read 11686 times)

full member
Activity: 420
Merit: 100
December 22, 2017, 07:03:41 AM
Gold is  essential metals in the whole world which use in different ways.
I think the reason behind why many people says gold is better than bitcoin is the physical substance that the gold possess which you can be use in jewelries and can be wear. Gold is luxurious item which gives elegance and poise to the one who wear it.
sr. member
Activity: 396
Merit: 250
December 22, 2017, 06:46:31 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?
The idea that gold or btc is better depends on the purpose you want to own. They think good gold is probably because its value does not change much and they feel safe when they own gold. However, if you talk about the return on investment or the convenience of using the payment, the opposite, btc will be better. btc is a priority  option for trading.
member
Activity: 318
Merit: 10
December 22, 2017, 06:42:12 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 investment is low risk and its benefits are also standard. if bitcoin poses a very big risk but has a great advantage.
full member
Activity: 244
Merit: 100
December 22, 2017, 06:41:12 AM
Because its value doesnt go to zero.Though its value is really great and dependable still there are some downsides that can be only found in bitcoin.The gold's value is not really rising very fast because the value of it is for the long term.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
December 22, 2017, 06:34:10 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 an asset of wealth that can be stored from the beginning, long before the existence of bitcoin, therefore people obviously prefer gold, and everyone is familiar with gold, but bitcoin is still considered to be percussion by people, besides gold can be used as accessories, so it can highlight the level of the person's wealth

You leaped over the point i keep making on this topic relentlessly.
90% of Gold is used.
10% roughly (exact figure is irrelevant) is used as you said quoted above.

So what do we draw from that conclusion then ?

90% of Bitcoin usage is pyramid scheme style profiting.
10% is used as intended.. as a currency to buy things. (instead of being used as a commodity)

Summary ?
You are all fucking stupid.
member
Activity: 332
Merit: 12
December 20, 2017, 03:48:21 AM
They say gold is better because the have biggest value as long time is moving the value is going up but is so hard to find gold now i orefer bitcoin
So, you're stating that it's much easier to get Bitcoin and that is why you are purchasing Bitcoin?
Doesn't that mean that the demand for Gold is much higher than the demand for Bitcoin? That would mean that the price of Gold would go much higher than the price of Bitcoin if people decided to get serious and purchase it.

Gold is a much safer investment because it could be an item that can get spent even if the USD price was labeled at $0.00 per Gold oz. It could be used for material and it's exchangable.
Bitcoin is best crypto its profit rates are very impressive as compared to any other altcoin and more of it, bitcoin defeated gold and now gold investors are willing to invest into bitcoin because they see long term profit in it, bitcoin is now discussed everywhere its popularity is gaining to next level every day and this shows how it will be used by whole world, gold is now stable and now after getting addicted to bitcoin no one care about gold.
full member
Activity: 406
Merit: 100
December 19, 2017, 07:44:14 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?

This is the question of the time. Within the time people will began to understand that digital currencies and first of all Bitcoin is a good, stable and relible way of making investments and holding its savings.
legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
December 19, 2017, 07:18:28 AM
One of the main reasons may be the lack of legality. Here in India, the government has been harassing the Bitcoin users for quite some time now. The latest tactic is that they are saying that they will charge the Bitcoin users for destabilizing the local economy!!! Imagine it. Criminal case slapped against you for refusing to use the national currency. Just ridiculous!
full member
Activity: 566
Merit: 102
December 19, 2017, 07:15:40 AM
people trust gold, because that's what they are sure, they have a lot of experience associated with gold and a minimum of risks...and the cryptocurrency is a fairly new technology and not everyone is ready to appreciate it

Who says gold is not good. Yes I think everybody will agree that gold is good but if you are comparing it with bitcoin then it’s something that has no logic’s think there is difference between gold and bitcoin. Gold is good in case if someone wants to reserve ones assets that will not generate a decent profit but bitcoin is a type of business which not only restores your money but also give a decent amount of profit.
hero member
Activity: 546
Merit: 500
December 19, 2017, 06:50:45 AM
I think that people in whom much conservatism consider gold better...because all the same there is a possibility that bitcoin can collapse...and gold will always remain valuable...
sr. member
Activity: 2366
Merit: 448
SOL.BIOKRIPT.COM
December 19, 2017, 05:59:09 AM
Gold is looking better than any other things. Mostly peoples are going with gold after diamond.




true, and bitcoin is NOT looking at all Smiley
If judging from sight is true gold can be seen and shaped and bitcoin is invisible but valuable, I think gold is better than bitcoin in because gold is precious precious metal and can be called as enduring natural wealth and gold already exists from the times of cruelty and still valuable even though not as high as bitcoin but has a stable value and fixed the high value. bitcoin is present only a few years ago and prices are rising recently too and no one can predict it for the future and will likely go down unlike gold which has stable prices and values. but my advice is better to earn money from bitcoin by way of investing or the other and the result is partly bought as much as possible to save or whatever it is.
full member
Activity: 420
Merit: 101
December 19, 2017, 05:47:59 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 gold is better in a way that they will never be out of style because they are not artificial just like bitcoins it can never be made ny man because gold is a natural thing and bitcoins can be hacked or can be replaced by another thing but gold is just a nature wonder it is a minerals that pnly earth can provide so if bitcoins is not that popular gold will remain the same. And if gold is goin to lack the price will start to rise.
sr. member
Activity: 1526
Merit: 332
December 19, 2017, 05:45:51 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?
I think the reason is they saw that bitcoin is more stable comapared to bitcoin yet it is trustworthy if you invest upon it unlike bitcoin is volatile, no one knows whether to fall or rise. But they don't that what bitcoin makes more better compared on other asset. Gold is guaranteed so they still choose it because no one knows if bitcoin will last for a long time.
sr. member
Activity: 339
Merit: 250
December 19, 2017, 05:37:41 AM
Gold is better because gold is more stable than bitcoin. And also gold is definitely in legalkan government. In fact bitcoin still not supported and in legalkan in every country. But if the matter of investment I think bitcoin better because he can increase quickly in appeal with gold.
member
Activity: 280
Merit: 10
December 19, 2017, 05:29:43 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 a time-tested asset. Bitcoin is an innovation, it takes the first steps, so there are not so many people who trust it 100%.
member
Activity: 183
Merit: 10
December 19, 2017, 05:17:04 AM
No, I don't agree with that because gold is hard to find but Bitcoin is easy to find. You can get a Bitcoin money through this site and your ether wallet. You can exchange the Bitcoin into real money, so that you can buy anything what you want. But, that's my only opinion.
jr. member
Activity: 93
Merit: 5
December 19, 2017, 05:10:31 AM
Bitcoin was only emerging in recent years. It was almost a year before the concept of high value in digital currency was approved by the people in the transaction. Gold has a longer cognitive process than BTC, and BTC is not widely available at the moment, perhaps with time to prove it all.
i also agree to this.. but with the recent hikes in btc many are still tensed about the rate drops as well
full member
Activity: 504
Merit: 100
December 19, 2017, 04:39:37 AM
I'm very certain that it's either they don't like or have bitcoin or they have so much gold in their huge vaults. Gold is a good asset to have but bitcoin is still a whole lot better in comparison.
full member
Activity: 210
Merit: 102
December 19, 2017, 04:31:49 AM
Im going to bitcoin too nor for gold because gold ia central bank manage the value of gold if they like to increase they increase but bitcoin is have a own marketcap if plenty of consumer in bitcoin the value of bitcoin increase not like gold. So for me much better for bitcoin and not hassle to carry.
I agree with you, since Bitcoin is still basically new and hasn't really gone mainstream yet, we are still in the early stages of it's growth. I think there is a lot of potential for Bitcoin whereas gold is already established and it is less likely to have a huge increase in value. Basically Bitcoin is riskier, but has more potential for a big increase in value.
full member
Activity: 294
Merit: 114
December 19, 2017, 04:29:33 AM
GOLD - Started centuries ago (around B.C). A tangible asset which you can hold physically.

BITCOIN - Created and circulate throughout the Black Market in 2009. An intangible asset, which you can't feel, see or hold in a physical standpoint.

Throughout the years, Gold demonstrated its reliability, it has been a trading material in exchange of goods ever since. And up to this day, there are dealers and investors still appreciate to use it as a form of luxury and state of life. It has also responded quite well to supply and demands. The main reason why its value doesn't fluctuate to greater heights compared with other investment commodities such as Bitcoin.

While there are more people gained interests to invest in Bitcoin. It could not cope up with the continuous demand due to its limited supply of 21 million coins. Also, Bitcoin was not created as an investment. It is supposed to be an alternative currency that you can use to buy the things like what physical money and credit / debit cards can do.
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