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    Author Topic: So Bitcoin is better than Gold?  (Read 53547 times)

    • KKaruchis
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    November 28, 2017, 06:35:22 AM
     #1721
    I don't know if is it certainly better than gold.
    Gold is a mineral created by mother nature and bitcoin for a few humans, so I don't think there's any kind of comparison in between regarding who's better and who's not. But in terms of value , bitcoin is more valuable than gold.

  • scottykarate
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    November 28, 2017, 06:37:08 AM
     #1722
    I don't get people saying " you can walk into any store and buy something with gold."
    Most places are going to decline it. You have to be able to prove it's real, prove it is solid and not gold plated, figure out what spot is, weigh it, agree on a price, and then hope you have the correct amount of gold for your purchase. Oh, you brought a Troy ounce of gold and  that's over payment? You gonna grind some off or expect them to have the Fiat on hand to make up the difference?
    Most places will probably tell you to kindly exchange your gold for Fiat and then make your purchase.

  • Naoko
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    November 28, 2017, 06:41:55 AM
     #1723
    I don't think it makes sense to compare them....gold is used everywhere in technology as a very necessary metal and it will always be so...and bitcoin is just another opportunity to earn....it can also be called an asset, but there is no sense to compare them

  • jayram
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    November 28, 2017, 06:58:45 AM
     #1724
    The potential for a much more profitability goes to bitcoin, meanwhile security and stability, I go for gold. One disavantage of gold on the other hand is fluidity, as for bitcoin, we can transfer a huge amount from one place to another just a touch of a button. Another is that you cannot buy something with gold straight ahead, as for bitcoin, you can do because its a currency. For me bitcoin is better than gold.
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  • mahibul49
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    November 28, 2017, 08:26:33 PM
     #1725
    yes bitcoin is better than gold
    bitcoin will rule the world Smiley
    do some research about bitcoin and then you will understand

  • Beatcoin.it
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    November 28, 2017, 08:29:19 PM
     #1726
    Yes for sure, bitcoin maybe is more reliable but can make you way more good profit than gold can, so you if you make a smart investment go for bitcoin the " crypto gold ".

  • EmmaAllen
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    November 29, 2017, 07:33:40 AM
     #1727
    Yes, it is better than Gold. Bitcoin is more popular than gold among investors and bitcoin is growing day by day  Cool

  • hhxcwz
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    November 29, 2017, 07:39:22 AM
     #1728
    This is a hard question to answer, the bitcoin does have some properties of gold, in some ways than gold also have advantages, but I think that the bitcoin is still cannot replace gold, gold is a physical, can leave the network, not bitcoin.
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  • Barbarian
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    November 30, 2017, 11:47:10 PM
     #1729
    Quote from: SuperD007 on November 22, 2017, 04:33:33 PM
    Well....

    If you have $1 000 000 worth of gold stashed at home, you going to have to make sure you have top-notch security and you have to keep you mouth shut and not allow anyone to know what's stashed at home. Lets say one day you have a plumbing problem or some sorta issue that requires contractors to come to your home. The contractors chat to maybe your Gardner and they find out that you have secret room but he has no idea whats inside... how does the gardner know? Well the contractors who installed the secret room let slip in earshot of the gardner what they were building... so now the plumbing contactors finish the job and go home.. then one of them are at a barbeque with their mates over the weekend...after a few beers he tells his friends about this job they did where this dude is loaded and he has a secret room/safe... with probably a fortune stashed there. His friends tell other friends.. next thing you know some bad elements get wind of this potential loot... and they plan an armed robbery... this places you and your entire family at risk.

    Also, if you need to get out of the country fast or needed to leave your home in a hurry (Zombie apocalyse or civil war or freak WW3 or whatever) try lugging $1000 000 of Gold with you... plus even if you get it out.. you will be a constant target where ever you go.

    Now, if you have $1 000 000 of BTC with you... lol, no one will even know.. u can travel anywhere you want in the world and your money will fit in your pocket... if you accumulate more BTC no problem fits in the same pocket....

    No risk to your family and doesn't make you a target... (of course have a few offline wallets where u store ur main loot and then other ones for transactional purposes.)


    Gold, no thanks Smiley


    Great example but even if gold can be cumbersome it is not a bad idea to hold some, not a lot just some coins after all we do no know what it may happen in the future and it is always a good idea to have your investment diversified that way no matter what happens you do not lose everything you have.

  • Marianmariana
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    December 01, 2017, 01:48:56 AM
     #1730
    We cannot solution technically about why do some federal government ban bitcoin. But we can realistically presume about it. Very first as well as for most is Bitcoin is cryptocurrency without any limitations of its development which is not controllable nd itis individually employed in the benefit of People who involved in it. Federal government might scared that it may impact in their financial policy these types of which  aae economic of the country not immediately but in future may impat this is the major reason In my opinion. Banning is nice for that reason only we strategy how to access and how to strategy our long term with bitcoin all question and technical aspects raises also it solve that issues.mycb

  • TomUyamot
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    December 01, 2017, 02:06:06 AM
     #1731
    Quote from: David Horton on May 18, 2017, 10:42:58 AM
    So Bitcoin is better than Gold? Roll Eyes

    In terms of fast appreciation of value, definitely yes, Bitcoin is indeed much better than gold. Bitcoin has surpassed the value of gold and its profit-making capacity. But of course there are advantages and disadvantages in investing on both Bitcoin and gold. In terms of gains, Bitcoin is very much ahead of gold. But in terms of safety and security to the investment, gold is of course a much wiser choice than Bitcoin.

  • Naoko
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    December 01, 2017, 11:59:04 AM
     #1732
    You can earn money with gold, but you probably will have to work hard to try to get a decent income, bitkoin has become better as an investment and as a trading tool due to incredible fluctuations

  • CryptoLoverz
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    December 01, 2017, 12:22:55 PM
     #1733
    not at all. maybe some bitcoin can very good than gold, but the other gold is good than bitcoin.
    they have each advantages and disadvantages.
    bitcoin can earn profit in short time, its why much people use for invest and trading.
    gold have stable price, so they exchange bitcoin to regular money and invest in gold for long term

  • criticoflife
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    December 01, 2017, 06:43:50 PM
     #1734
    Better at using as much power as nigeria a county with 190million people and better at costing huge amounts to send even the smallest transaction. Personally bitcoin is only something to make money from and once i get that money i won't be keeping it. I'd rather have a fat gold chain a ferrari and my trophy wife anyday than a stack of bitcoins in my wallet.
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  • JohnBitCo
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    December 02, 2017, 02:51:53 PM
     #1735
    Its all depends .Bitcoin is a good investment in all format. While the gold have less benefits if you invest with it. The price of bitcoin increase rapidly every day while the gold take a lot of time to increase or rather sometime decreases. Bitcoin is to much risky like anyone can makes you fool to scam you while the gold is save and risk free. It is hard to scam anyone with Gold.

  • teejayrichard2
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    December 03, 2017, 07:46:21 AM
     #1736
    They both have their good and bad sides,bitcoin is not stable as price can blow up this minute and the next minute is down but gold is stable. Bitcoin has a high risk when it comes to saving because hackers are now so focus on it but you can save gold peacefully without fear.

  • xDsoGood
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    December 05, 2017, 04:33:28 PM
     #1737
    Yes bitcoin is better than gold. In exchanging btc to cash is much more easier to change than gold because if you exchange gold into cash there are so many procedure before you get the cash. Unlike in bitcoin in just very simple steps to be follow

  • Valentina N
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    December 05, 2017, 05:09:50 PM
     #1738
    Hello! I think this is different things. Two different assets and here is no any advisers! Only you can make a decision
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  • weblouartisan
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    December 05, 2017, 05:11:54 PM
     #1739
    It depends on the scenario, For person like me that cannot really afford to invest in gold then bitcoins is better because i can work hard to earn this coin unlike in gold that only miners can afford to have it.

  • Edrian
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    December 05, 2017, 06:04:31 PM
     #1740
    Quote from: David Horton on May 18, 2017, 10:42:58 AM
    So Bitcoin is better than Gold? Roll Eyes

    I don't agree with this. I think Gold is much better than Bitcoin, lots of reasons why.
    Here are some list:
    • Bitcoin doesn't have physical form, unlike gold, in this case, if there is internet disruption or any kind of cyber attack bitcoin got easily affected because it was digital base
    • Bitcoin is Anonymous. What if you lost your bitcoin? it is hard to find because it is hard to trace
    • Gold is there long time ago people trust gold more than bitcoin
    • Bitcoin is volatile and hard to predict some people say bitcoin bubble is going to burst
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