Topic: Why people says gold is better? - page 84. (Read 11715 times)
Gold was the first measure of wealth and the first coin confirmed in the world, maybe some prefer it cause its a thing tangible and accepted everywhere, bitcoin can not be touch in hand but it has a very expensive price, is like the revolution of fiat currencies after gold, bitcoin come to make a new revolution after papers money
For me, some people think that gold is better bitcoin is this a tangible. You can see it and you can hold it unlike in bitcoin, its digital and you can never hold your money ever. People feel more comportable when they hold their investment but they don't how bitcoin works and how can they make more profit than gold.
I think it is just crazy and those who are crazy are saying it from day 1. They will always trust to the things that majority that know or wants even there are things are better. Gold is great and people believe that when you have it you are eligant. Compare when you have a digital currency or bitcoin they will think that you are scammer or you are doing illegal because they are not aware of what you are doing. i think the tenure of gold has past and now it is the time of crypto.
Gold is always better; it is one of the oldest currencies. Gold is the most liquid currency, accepted all over the world, from underdeveloped countries to developed countries. Gold is backed by central authority, so have less volatility compared to bitcoin. Gold has inherent value as; it can be used for accessories, jewellery, and electronics and even in medicines. Some people like tangible assets like gold, silver house property etc. so they don’t believe in digital assets but if you compare the return on investment ration bitcoinis the best.
Gold is in the market for too long period and the price is very stable but in bitoin the price is not stable so people think gold is better than bitcoin.
I believe the introduction of crypto currencies are not digest properly. People are using Gold from the beginning and know how to use gold when to buy, and when to sell. I had never use gold but if you ask me what to chose bitcoin or gold, i will probably choose the bitcoins. Because I've read the introduction of bitcoins and have a lot of interest in it.
Bitcoin is better than gold.bitcoin is good asset and currency also.we can make online transactions with bitcoin,we can send and receive the money anytime.gold is only an asset.i prefer bitcoin for my investment. 
For me, some people think that gold is better bitcoin is this a tangible. You can see it and you can hold it unlike in bitcoin, its digital and you can never hold your money ever. People feel more comportable when they hold their investment but they don't how bitcoin works and how can they make more profit than gold.
Yes, gold is better more than bitcoin. Because gold can be long-term investment and the price of gold is stable. And maybe many old-man or old-woman more than understand about gold between bitcoin
Yes, it is very different from bitcoin and it is more stable than bitcoin but bitcoin right now really can help us to our needs. It can secure our future. And as we can see right now. Bitcoin price really keeps on increasing its value where it ables to help our daily needs especially my studies for me to not rely with my parents on my bills on school. And right now we cant see gold, Bitcoin is our gold right now. So must treasure it.
That's just one lack of gold, the rest has many advantages over others. Gold is the best investment choice with very low risk. Many countries in the world have more and bigger gold reserves, and not bitcoin. Bitcoin is an alternative in investment world for people who have modern understanding of what an investment is.
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?
Yes you were right that bitcoin can use in some stores and gold does not. The reason why gold cant be use as payment in stores because it has a high value. Yes bitcoin also has a huge value but bitcoin is easy to earn while gold is not. Aside from that why Gold cannot use as payment is some or many of the stores doesn't have gold value checker. 
People says gold is better because it can be saved by hand and not online it is kept as an asset and it is valuable but there is a side effect in keeping gold in hand it can be stolen .I don't agree with people saying gold is better than bitcoin now a days the price of bitcoin is increasing beyond we can imagine and has reached in great hike.
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?
Perhaps what you say is true there is no merchant who receives payment transactions with gold. But that's because gold is not a means of payment transactions. and actually bitcoin is not a currency for transactions but many people who use it for payment may be easier to transfer than payment, if gold is used as a means of transaction it is a transaction of goods exchange. So at the conclusion gold is no better than bitcoin in terms of transactions. But if gold is in use for savings and in the store maybe gold will be better because the price is stable.
There is no investment asset without any risk. That's why it's wise to spread the risk by choosing different investment assets.
Take gold for example. this can be confiscated for example in a war. even if it's in the vault of a bank.
That's where the value of bitcoin is. Bitcoin i not without risk, but the risks are different from other investment assest.
So if real big investors are spreading risk. in the future, part of their portfolio will be BTC.
The limited supply of BTC will pump the price as more and more investers want to have it as part of their portfolio.
Take gold for example. this can be confiscated for example in a war. even if it's in the vault of a bank.
That's where the value of bitcoin is. Bitcoin i not without risk, but the risks are different from other investment assest.
So if real big investors are spreading risk. in the future, part of their portfolio will be BTC.
The limited supply of BTC will pump the price as more and more investers want to have it as part of their portfolio.
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 have different opinions and it's up to them to say what, we can see the fact that bitcoin prices are better than gold and do not have to worry about what others are saying.
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?
Chances are high that it has to do with its volatolity and legalization issues. We all know that Bitcoin is volatile in nature and it gives risk on investing into it since we don't know when will its value will fall. Also, it is not yet legal to most of the places in the world which totally limits its users to use it than to jist hold it which is unlike Gold that is legal.5
I think gold seems to be valuable consumption and it's really rare because the production of gold is difficult that doesn't similar to share manufacture or money manufacture. Besides, people who don't want to take risks from the stock market will choose gold instead of others. In addition, gold has played the crucial role for a long time as it's still balance even increasing when other assets are falling.
Gold has demonstrated reliability. Civilizations have traded Gold since roughly 600 B.C. and it continues to be used by dealers and investors with great enthusiasm today.
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?
WHen people say that gold is better it is actually right as it really is more better if we analyze it in a deeper way considering that gold has really been a staple of rivhes. Gold dos not deppreciate and you can see and hold t and it gives assurances that crypto cannot
People are saying that gold is better than bitcoins may have a point. What ever you do gold will always be priced high as it has many uses, bitcoins in the other hand is more of a gamble.
Gold is completely different from the bitcoin or other virtual currencies. With gold, we can have the secure system, as it functions under a centralized system. When it comes to bitcoin, it is completely on decentralized platform as well doesn't have the physical state. This makes gold to be better, though bitcoin is highly profiting.
it's just speculation that is concerned about security in bitcoin systems. if I choose the most of the best asset, I will choose bitcoin as one of the best assets in 2017. gold is only used for a piece of jewelry rather than as an asset. so far the bitcoin as the safest asset although it does not have a physical compared to the gold that has a physical
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