Why people says gold is better? - page 88.

Best Dreams

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Quote from: Spoetnik on December 12, 2017, 11:56:55 PM

Quote from: btcdee on December 12, 2017, 05:50:59 AM

Quote from: Spoetnik on December 12, 2017, 05:30:42 AM

PS:
Why RE:Topic Title ?
Because it is.

Ok my fellow Canadian penguin, your'e hired!
DM me please, I run the best Comedy Club in Vancouver. I promise to remove the "penguins not welcome" sign.

Yeah i was going for comedy..
That is how i view "crypto".
I also did not expect a comeback but a 1 liner shot at me in some way.
I am used to it by now.
There is no defense or retort to what i say.. because i speak the truth.

Why is Bitcoin high in value ?
Because predators and morons are buying into it and treating it like a fucking pyramid scheme.
That's it.. period .
So WHY do they all line up to say it's better ?
They say because the price is high.
Do your comprehend how fucking god damn stupid that is ?
I'd throw all my money at housing mortgage bundles in a fucking heart beat before i bought Bitcoins.

Comedy Club ? ..you're lookin' at it. Cheesy

Thank you, thank you.. I'm here everyday and don't forget to tip the shithead shill profiteers here.

I don't see how topics like this are even debatable.. unless your a crypto cult deceitful investard.
The answer is duh.
Gold has been coveted by man all through out human history.. and always will.
And the "price" ?
You know that grandiose comeback i keep seeing posted here ?
Well.. that can be decimated with a quick fork increasing the supply now can't it ?
Or a bug found where someone exploits it etc etc.

Don't line up to imply Bitcoin is a worthy investment.
It's not.
A sensible investment would not be a scammy scene based virtual commodity used as a pyramid scheme that is inflated to obscene levels and regarded as un-legal in many places.
Don't foster and perpetuate a little facade to lure in more victims under false pretenses.
Tell them the truth.. even if it's ugly.

Comparing a fucking pyramid scheme to Gold ?
Yeah i see the comedy alright.. I'm laughing. Cheesy

Yeah but but but Spoetnik it's teh greatest !!11 'cause it's worth 100k a coin.
And ?
Your point ?

Question:
How do you fix something that is broken when no one sees it as broken ?

I think it’s wrong or maybe they have not a good knowledge about trade bitcoin is hundred time better then gold I never take any profit in gold because when you buy gold so then it will never give you profit in your investment and if you invest in bitcoin so hundred present it will give you a profit because bitcoin is always giving profit and it don’t believe to lose its users so I will prefer bitcoin instead of gold for me gold is just a valuable piece of metal nothing more so no need to buy gold for investment purpose .

smith136

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I think they can't just see the potential of bitcoins which we already seen because of our delicate studies regarding cryptocurrencies and I think most people in here will believe in me that bitcoin at this point is better than gold, gold on the other hand just only have the physical advantage against bitcoins.

inturist

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While gold is physically useful for jewelry and industry, Bitcoin’s applications are not yet clear. Gold has a thousand-year history of value its better than 10 years of Bitcoin.

Wingo

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Quote from: akram143 on November 20, 2017, 12:04:59 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?

gold has a constantly increasing price. It has a stable price compared to bitcoin and is widely used all over the world. gold has a price everywhere in the world. Bitcoin can only be used in a place where technology is present and a place where people know what bitcoin is.

gracedungso

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Perhaps the most obvious difference between Gold and Bitcoin is this: Gold is a tangible physical Precious Metal, whereas Bitcoin is digital. Yet the distinctions between the two run much deeper.Gold is a Precious Metal used by mankind as a medium of exchange for millennia.But still both are very important in many ways they both increases its value.

St4yInTh3D4rk

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Quote from: Digitalbitcoin on December 14, 2017, 11:57:10 PM

People still are bounded in traditional thoughts. I personally believe that Gold is Gold. Gold is valuable at its own status and level according to precious metal. But we cannot compare it with bitcoin as an asset.

World is now in starting phase of decentralized technology's adoption, but in coming future everything will be changed.

As you said still people in stone age. Grin

They can't understand the potential and technology of bitcoin,but bitcoin attracted more people by its huge price increase so it maybe the start of people will think bitcoin is better than gold.

In my view gold is luxurious but we can't use that immediately if we are in need so it is no use of storing our money in the form of gold.

akmittal

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Now this sentence is not valid " gold is batter". Now Bitcoin is batter than gold. Bitcoin is growing day by day and gold is stable.

Nylelyn

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Most people say that gold is better than bitcoin because of the fact that golds value is high and is increasing constanly fast It is a tangible and physical asset which can be which gives security to investors. It can be considered as a long term investment. Gold can be traded anywhere at anytime and can be easily converted into cash.

maxj57634

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Gold is better depending on what is the situation of the world, right now we are on virtual age and the rise of technology such as bitcoin is good at the moment, but if there was a world war and having internet would the least thing than you want then gold would exceed in this situation.

chocomartin

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This is usually what a person with limited/no knowledge of cryptocurrency would say. Its hard for them to grasp the concept of a non-tangible object that has a very high value so they cling to what they know which is fiat currency or sometimes gold.

Farma

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probably because it's physical, and can be used as jewelry. well, to date, gold is always made as a very luxurious item, and I think people who have a lot of bitcoin, will exchange the bitcoin they have with gold.

Spoetnik

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Quote from: Sparkl on December 14, 2017, 09:25:44 AM

Quote from: reisuke24 on December 10, 2017, 11:02:35 PM

Quote from: akram143 on November 20, 2017, 12:04:59 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?

yes. and gold just have own store, than why people say gold is better than bitcoin?
simple i think. gold cant broke, and bitcoin can broke. if in this world internet down forever, are you still invest bitcoin? still earn bit and altcoin without internet? god's creation cant loss form this world, and reverse from it, human's creation can loss.
gold is pure treasure, everyone know about gold. all people accepted (although not acceptable as payment) and never say gold is dangerous, because if you have it, it mean you gain profit if sell to other.
bitcoin is treasure, but not all people know about bitcoin and not at all accepted bitcoin (although accepted as payment in many store). a lot of people even the government and bank say dangerous. because sometime you will loss a piece of your fund if you can handle careful.

There is no reality in this gold is not better then bitcoin its totally wrong concept because you buy gold today and then you want to sell so it will not give you any profit you will lose in gold and bitcoin is different than gold if you buy bitcoin today and then want to sell so it will give you a very good profit and there is no chance to lose here there are also a lot of opportunity in bitcoin to earn which gold don’t have so bitcoin is best then gold.

What does profit have to do with the topic ?
And what does it have to do with Bitcoin ?

Ok I'll play along for the sake of argument..

I would wager the OP here intended this topic to be a comparison of sorts of the two things as investments.
Then i would have to refer him to what i posted earlier.

Did he post what is more likely to give me unrealistically high profits ?
The answer would be "crypto".

If the question is "Which is better Gold or Bitcoin ?"
I would rather have Gold.. because of the reason i outlined before.
A key issue i take with Bitcoin these days is, it is no longer a currency but a pyramid scheme of sorts.
99% of the users involved with it couldn't care less if it even works at all.
They care about.. drum roll please Grin

P R O F I T S.

Ideology is crypto.
I am a supporter of crypto and 99% of you are not.
You are greedy bafoons bouncing around here pissing on crypto and acting like idiots.
Why would you contribute to Bitcoins crazy rise when a crash is looming ?
If you keep inflating it too much and too fast it will have to crash hard.
And which is "better" ?

Seems to me no matter how you ask the question you get the same answer.

Ultimately i hope the 1% that actually care about Bitcoin that are likely whales and true supporters..
I hope they can find a way to exploit the hoards of greedy idiot masses to further the concept of a *used* digital currency.

I have no problem with BTC.
I have a problem with no one anywhere caring that it works like dog shit.
and yet bragging about how great it is inflating the price higher and higher.

If the "commodity" being traded is based on a currency and that currency is then broken.
Then you have a broken commodity.
So what is better a new popular virtual commodity or.. gold.

Digitalbitcoin

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People still are bounded in traditional thoughts. I personally believe that Gold is Gold. Gold is valuable at its own status and level according to precious metal. But we cannot compare it with bitcoin as an asset.

World is now in starting phase of decentralized technology's adoption, but in coming future everything will be changed.

Ryanpogi

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For me gold is better.. 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?

jeffer8035

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the truth is that people have it implanted as a gold reference chip but I already have the digital gold bitcoin and also what happens is that they do not accept it because they know that they can falcify it while bitcoin is impossible to falsify it

Noesly

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Gold is better because gold is the oldest and highest value since it will be discover and time passes they will be up to the high value it never down as in down so that people says gold is better.

royromales

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Gold is the usual currency since the beginning of the day Money and stock shares are useless in times of war because they do not yet know that gold is one of the greatest of all

Exeus

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Quote from: howard.ashoul on November 20, 2017, 01:28:12 AM

Because 50% of all people have IQ lower than 100. Undecided

I think so but maybe they think that gold is better than bitcoin because they can actually hold the gold bar but not the bitcoin. Where in the new world right now gold is not bigger that bitcoin if you know how to work hard and have a goals in life to become rich in the future. The same in gold, many people are mining also the BTC but if all the coins are mined already that`s the time the currency will getting higher and higher.

BitcoinsGreat

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Quote from: akram143 on November 20, 2017, 12:04:59 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?

Maybe the reason is Gold have a physical form. I mean its physically exist. We can touch and feel it and we can protect it our self. Where the bitcoin is a digital currency with no physically form We can't protect it we just all depends on wallet's security. Once it got hacked there's no point to bring it back plus its still new in our generation many people don't know about the bitcoin if you ask someone about it i bet they'll unable to give answer. So these are few drawbacks which make people confuse about bitcoin and trust the Gold.

uniquefighter

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Quote from: anjaydut on December 14, 2017, 11:24:57 AM

which says gold is better because they are not familiar with bitkoin well
why I say so, because when you invest with gold, when you sell it back you will incur losses, let alone the price of gold rises very slowly with bitcoin, bitcoin increase in price is very fast, and very expensive

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.

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