Gold is something for when the markets go down - gold usually go up, but markets are doing well right now. BTC also was used as a safe haven in hard times- ie venezuela/ zimbabwe. Even nirth korea is in on the act,
i feel if you have the money put 10-15% into gold. Just like like people put 10-30% of there crypto into BTC
Topic: Why people says gold is better? - page 92. (Read 11686 times)
Gold for sure is the most common and powerful safe haven asset!
Everywhere is accepted and everyone know its value..and is easier to exchange in cash money.
for example, without electricity and internet you cannot “use” BTC but you can use gold!
Everywhere is accepted and everyone know its value..and is easier to exchange in cash money.
for example, without electricity and internet you cannot “use” BTC but you can use gold!
Gold is stable in price while bitcoin is not. And also gold has been in use for a very long time while bitcoin is still new. We are still trying to get the hang of it; and anything could happen. It could result in great loss of money if care is not taken.
Profit must be realized.
See what i am saying ?
Plenty of people out there ARE waiting to take their profits (back to FIAT)
They will need to dump.
Everyone playing in a casino has to leave and go home eventually.
It is not a "risk" it's a concrete fact.. there will be dumping.
So true, everybody that i know are waiting for the highest btc price to transfer to fiat money and buy valuable things. There is a dumping moment to come.
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?
read many articles about history, you will find out that gold is very valuable before the civilization was happened. The culture is being inherited that's why many people seeing the gold is very valuable. Like in my community, they prefer to have a gold than bitcoins.
I think that`s because people used to think that gold is a reliable investment. Gold is trusted, it does not fail, its price does not jump from day to day. It has not lost popularity for many centuries. People consider gold a long-term way of investment.
Gold up to 12% in 2017, bitcoin is over 600%, BTC is six times more volatile than gold. the Gold’s history and physical property shows it meets requirements as a medium of exchange and store of value. therefore, Gold is much 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?
they say that because they know the importance of gold but if they know how much importance of bitcoin they got to change their mind because gold is dificult to find but bitcoin is always their anytime any where theres no dificult because it have a easy way to having it. for me i kno gold is better but bitcoin is more better that gold..
Of course Bitcoin is much more progressive and convenient money than gold.
But gold is more familiar for humans because it has more than 2000 years history of using it.
P.S. Also gold is more beautiful
))
But gold is more familiar for humans because it has more than 2000 years history of using it.
P.S. Also gold is more beautiful
))
Many say that gold is better because gold will not be hit by phishing and hackers like bitcoin. 
Therefore, do not be surprised if gold is better.
Therefore, do not be surprised if 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?
The reason why many people are still saying that the gold is better than bitcoin because they are still don't aware to what is bitcoin. I think we should inform them about bitcoins. The price of the bitcoin is too volatile and it is the reason why the bitcoin is becoming better than gold.
Bitcoin is big, like you can make payments out of it, unlike gold that it cannot be made as payment. Maybe they are not aware of how bitcoin works nowadays. Gold increases value overtime like bitcoin but btc has its votality, so yeah maybe that's their basis.
Gold is tangible, rare and worthy. It means that gold has intrinsic value and will never drop below a certain level. Thus it is much safer.
In fact, the most important difference is that gold we can see the big kind, and BTC is just a string of code, many people do not understand or have not been exposed, so more believe gold...
it's possible gold investors do not know Bitcoin so they trust Gold more than Bitcoin. but if they already know Bitcoin I'm sure they will move invest in Bitcoin. Gold has real uses.. Bitcoin does not.
Bitcoin isn't as flashy as Gold and can't be molded into jewelry but it's underlying technology is the "industrial" equivalent for the creation of value. If anything, the ground breaking use cases for the Blockchain are vastly more valuable to our global economy.
Because gold is physical and it is being recognized as a valuable assets by most of the governments and banks, gold prices are also much more stable than bitcoin in the trading market, but there is a higher chance to make a huge amount of profits from trading bitcoin than gold because of the huge volatility in bitcoin.
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 the value, I am guessing. Good has its value safe be ause it does not have the volatility that bitcoin and crypotucrrencies has to offer. It is also in front and physical and can be seen by any person which also makes and helps them to be secure in it.
Gold trading is totally controlled by the policy of government of every country and it is less volatile for the investor. But bitcoin have a no controll of anybody or any country. People get fear from loss of investment value decreases so they invest in gold and don't want to buy the bitcoin. But thinking of the people is changing with as increasing the price of bitcoin.
In fact, the most important difference is that gold we can see the big kind, and BTC is just a string of code, many people do not understand or have not been exposed, so more believe gold...
Actually it is all about physical and metrical matter ! Gold is not financial things that you can buy or sell something via it.
Gold is a chemical element with symbol Au and atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element.so that people only use it for beastliness. hehe
Gold is a chemical element with symbol Au and atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element.so that people only use it for beastliness. hehe
Gold is stable in price while bitcoin is not. And also gold has been in use for a very long time while bitcoin is still new. We are still trying to get the hang of it; and anything could happen. It could result in great loss of money if care is not taken.
Profit must be realized.
See what i am saying ?
Plenty of people out there ARE waiting to take their profits (back to FIAT)
They will need to dump.
Everyone playing in a casino has to leave and go home eventually.
It is not a "risk" it's a concrete fact.. there will be dumping.
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