Topic: Why people says gold is better? - page 85. (Read 11686 times)

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

Because gold is an excellent long-term investment, gold prices are increasingly increasing and the price of gold is always stable. Gold can also be said to be a real investment.

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.

I think the reason behind why gold is better than bitcoin is because gold is a precious metal use in different luxurious jewelleries. Gold provides elegance from its owner which is not subjected in depreciation. At the same time it possessed just like money a physical substance which the bitcoin don’t have.

Many people think gold is better because of gold have phisical existence and crypto currency doesn’t have any phisical existence it have only one id and passwrd thats it

I know Some People Say gold is better whom people have no good knowledge about Bitcoin. gold is too risky it's bad market for some time. but bitcoin market growing up day by day.

They say gold is better because they get to hold it in their own hands. They just don't trust internet. It is like to trust miracle build on miracle. ( Internet-crypto.) Old school thinking.

it's the notion about gold that makes people think that it is better. gold does not corrode and is a precious metal and so it has been a symbol of wealth. that concept has stuck with many up to this time. also, it's tangible.

bitcoin, on the other hand, is something new. financial managers can't seem to find a proper category for bitcoin - is it a currency or a commodity? bitcoin holds characteristics of money such as durability, portability, divisibility, and limited supply.... except probably uniformity (?), and acceptability. governments still don't accept it and won't call it as such and so, it isn't a currency because the government says so. they call it a commodity because its characteristics is that of commodities - bitcoin has a global market, its price is determined by the market, and so is open to price fluctuations, and is very liquid. its value gets converted to fiat and it is the fiat value that people actually spend.

maybe it's the ancients or traditionalists who say that gold is better  . they still can't appreciate bitcoin because bitcoin is data and so, it can't be "held" the way you hold a coin. there's this notion that if you can't actually hold it, then you don't own it or that there's actually nothing and that you're just fooling yourself about having something really valuable when in fact, there's nothing.... so that must be the reason why others would prefer gold over bitcoin....

in another angle. Gold is better than bitcoin. They are not afraid of being hacked. and they can store them without fear of losing value, because gold is accepted internationally.

because they dont know the capacity and importance of bitcoin but it they learn about it they can also say that bitcoin is better than gold because gold is difficult to have not like bitcoin because bitcoin is have a easy way to have it

Well i don't have any idea why they like gold more than bitcoins. While the bitcoins is more agile than gold. If you compare the increasing price chart you'll see bitcoin is on top and surpass the gold price and its increasing rapidly than gold. Maybe those people have never use the bitcoins or maybe they're living with zero knowledge of bitcoins.

I think some people say that because gold is the first one to come up and it's already trusted now by a lot of people another fact is that it is already recognized by the government and there is a lot of law regarding to gold, but there's no need to worry bitcoin is just starting and i know that sooner it will surpass gold in a lot of way except the fact that gold is tangible unlike bitcoin that is digital.

Gold has been the most known luxury in the world and every single thing that has gold on it is really worth of investment and money. That's why mining gold needs a lot of capital for the machineries and people that will do the job. And maybe those people that says this doesn't have an idea that bitcoin exists.

Maybe that person accustomed to gold before and not know anything about bitcoin, I think it is all from what your getting familiar with, for having an income from your day to day basis that surely fire what your into on voting system bitcoin or gold?

Gold can't be used in the payment at the supermarket, restaurant because it is more inconvenient, gold can not subdivide the amount to match the payments. Bitcoin is different, it is suitable and easy with that. However, many people still think that gold is better, probably because of its stability, it is also a traditional investment is less volatile and still bring in profits for investors, moreover it also used as jewelry. In my opinion, I think gold and Bitcoin are good, both have their own values

I think both are amazing if have both. But for me Bitcoin can surpass the gold because of its other capabilities than the gold doesn't have. Like using for payment, bills or trading virtually and other stuff. Imagine if you will carry a gold to pay a bill. So I think Bitcoin is better than Gold in the aspect of service.

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.

No its not amazing, all tour virtual gold can be lost their value, this is stopping people's to say bitcoin is gold.
Gold best current conductor. Btc is not best crypto, most expensice but not best
And please dont think what i hate btc, i really love btc and blockchain idea

it's not true.I am not agreed with you.how can gold be better instead of bitcoin?take a look at bitcoin chart and gold price.you will understand which one is good.

I do not think it is necessary to question what people are saying, they are free to argue and of course have their own thoughts but I think they do not know and understand about bitcoin so say gold is better.