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Topic: Why people says gold is better? - page 98. (Read 11715 times)

member
Activity: 154
Merit: 11
December 02, 2017, 12:03:47 PM
Gold is better. It has a more steble market value which lessen the risk on investing into it and that's huge on an investment. The price of gold always increase with time. Gold is also cash.its demand is much more.gold are more safe and easy
full member
Activity: 294
Merit: 100
December 02, 2017, 12:03:07 PM
Bitcoin is beneficial that gold in terms of investment and returns safety and control. But still many peoples prefer gold, it is due to traditional thinking they have. Investment in gold is conventional way of investment and going further for next many years, because of its secure returns. Still now many peoples have doubt about security of bitcoin and hence they prefer gold rather than it.
member
Activity: 378
Merit: 10
December 02, 2017, 12:01:47 PM
Gold is better than bitcoin because gold is stable, gold is mostly used make jewelry, gold can be used without internet and bitcoin is unstable because it digital currency, Bitcoin work only internet . but i believe in bitcoin many people like bitcoin and investment in bitcoin and earn profit.
sr. member
Activity: 616
Merit: 250
December 02, 2017, 11:53:41 AM
gold is not better than bitcoin, but if you think gold is for saving money? the answer is right and true because gold not make you have any risk to own it and invest in it. but bitcoin is better than gold for investment because you can gain more and more profit from trading or even mining.
member
Activity: 224
Merit: 11
December 02, 2017, 11:47:47 AM
the only PROS in gold is that it is non-volatile. BTC is far more richer
full member
Activity: 336
Merit: 100
December 02, 2017, 11:47:14 AM
The majority says Gold is better because it is already tested by time since at the earliest civilization until present. It proves Gold has established solid market value globally, Anywhere in the world Gold shows significant assets by human race.
member
Activity: 182
Merit: 10
The stock photography revolution
December 02, 2017, 11:43:59 AM
I think there are a lot of reason why gold still better than Bitcoin

- Gold can be used worldwide and it's legalized worldwide too,
- Gold is not only used to trade like Bitcoin, Gold also can be used to make jewelry
- Gold can be used without internet but Bitcoin is not.
- Gold has existed and been used to trade for hundreds years but Bitcoin has existed for about 10 yrears

There are some reasons that I know hope it help Cheesy
sr. member
Activity: 475
Merit: 253
ARCS - A New World Token
December 02, 2017, 11:41:04 AM
I am a Bitcoin lover. But gold is better than bitcoin. Blockchain will passed away it might be replaced by another system someday. Gold will stay forever. In heaven theres gold.
member
Activity: 108
Merit: 10
December 02, 2017, 11:40:14 AM
To be frank, gold was considered from it's early discovery to have a greater trading value than any other resource and slowly but surely it became the standard let's say "tool" which gives coverage value for any and all transactions. In short it's the backup for all physical currency which flows through the global economy. Without its coverage, any other forms of currency become worthless.
jr. member
Activity: 92
Merit: 2
The Future Of Work
December 02, 2017, 11:38:21 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 gold is really better. Because it plays a vital role in our world. This is because the first money used in ancient times.
full member
Activity: 392
Merit: 100
December 02, 2017, 11:30:22 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?
according to them gold is better than the bitcoin, because they have not understood the actual bitcoin. that bitcoin has been proven, but they still do not believe it. requires a process also possible to be believed by many people.
newbie
Activity: 54
Merit: 0
December 02, 2017, 11:24:54 AM
I’m my opinion, gold is better ts multi-purposeful use in economy.  With that I mean it’s usage in electronics, cosmetics, jewelry and even in luxury food such as champagne or ice cream.   Grin
member
Activity: 434
Merit: 10
December 02, 2017, 11:22:15 AM
Gold is a valuable metal, you can trade gold in every country and gold can be make into jewellery and other things, gold has been existed for a very long time and atill consider as one of the valuable things by all people, this indicates that gold is very suitable for a long term and there are not many fluctuations in gold, the rising is very stable
Because it is proven that gold has a year history for a long-term store of wealth, while bitcoin is still experimental. You can wear gold, and it has never been out of fashion. Hard to tell in bitcoin because it's just new. And many people think bitcoin is clearly in a speculative bubble.
full member
Activity: 714
Merit: 104
December 02, 2017, 11:16:05 AM
I think because gold have zero risk's to be scammed.
Gold guarantee profit, low profit but guaranted.
In most cases this is a old scool investors
sr. member
Activity: 545
Merit: 251
ASK
December 02, 2017, 11:12:52 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?

Because typical investors like consistency.

When your used to 0.3-3% fluctuations, 3-30% seems insecure and stressful.
full member
Activity: 560
Merit: 100
December 02, 2017, 11:12:19 AM
why gold better? because they see it and hold it and wear it, and they know the price of gold will remain up to the next few years, and certainly gold will be in need for many years. so they think gold is better because they see the physical and know the price.
sr. member
Activity: 1111
Merit: 255
December 02, 2017, 11:10:32 AM
In my country, most people still prefer to use gold because Bitcoin is not widely developed in my country but if the government legalizes Bitcoin I am sure Bitcoin will be widely available in my country.

Bitcoin is not a guaranteed investment because if it crashed all our money invested on it will likewise vanished.  There is no security as to the money we put in bitcoin as itnis not backed up ny banks or agency of the government.  Whereas gold has been around the earth for many years and it is widely accepted and named as one of the sure and strong investment.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
December 02, 2017, 11:06:49 AM
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.

That's right. I mean from the idiom "gold standard"; gold has been one, if not, the most valuable commodity around. Money is even made to be backed by gold. It shows you how important and reliable gold is. Although bitcoin has been present for about a decade, gold still has more years of reliability under its belt.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
December 02, 2017, 10:50:00 AM
Gold is stable u wont loose much or gain much  maybe in a long term when gold is rare it will be better but  for now bitcoin is way better risky but better in making money

Gold is also not without its risks. I still remember when the prices fell down from $1,800 per ounce to $1,000 per ounce a few years back. And the prices are yet to recover. I don't know when the new peak will be reached again. Right now, the prices are going at around $1,300 per ounce.
member
Activity: 126
Merit: 10
December 02, 2017, 10:43:04 AM
The general population would indeed say that gold is more popular simply because it's the status quo and gold has always been seen as a valuable asset to have especially in times of war and if all means of currency is worth nothing.  The amount of gold a country has in stock/reserve pretty much dictates the wealth of that country too and this is based on my recollection of lessons back in high school (I think it's pretty much the same case today).  If you also think about how majority of the population really has high regard for anything that's gold (gold jewelries, gold cars, gold everything and even in food!) Gold has the status symbol because history and the people
made it that way.  Now, bitcoin or other cryptocurrencies for that matter, its a different story.  Who knows but mahbe in the future, the fate of gold will apply to bitcoins (the digital lifestyle of the world may make that happen).
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