Topic: Bitcoin or gold? - page 114. (Read 984470 times)
the price of gold and bitcoin prices is very much different so I guess we no longer need to ask will meilih gold or bitcoin, which definitely the answer is bitcoin
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
If people all know the future so now I don't think bitcoin can hot likee today 
None of us know what's next tomorrow. If not why people FEAR today but FOMO tomorrow and certainly it make them loosse
As a beginner in the world of crypto, if you want to invest I prefer bitcoin because of the fact the current price give the profits is quite large, but the risk of loss of value is high enough, but to save the gold wealth of more useful.
i will say both.
after 10 years, technology is so far then now. next generation will known what is bitcoin so quickly.
and gold, i just think its more important than bitcoin.
bitcoin can be used for trading like paypal. gold too, but i never seen people trading something with gold for now
Gold will stay as one of the valuable things in this world and if you hold gold you will sure make enough money due to its value.after 10 years, technology is so far then now. next generation will known what is bitcoin so quickly.
and gold, i just think its more important than bitcoin.
bitcoin can be used for trading like paypal. gold too, but i never seen people trading something with gold for now
However, most people does not have gold but they can have bitcoin if they will choose, for me this is the best investment and it's still new so we can ride with its success.
i will say both.
after 10 years, technology is so far then now. next generation will known what is bitcoin so quickly.
and gold, i just think its more important than bitcoin.
bitcoin can be used for trading like paypal. gold too, but i never seen people trading something with gold for now
after 10 years, technology is so far then now. next generation will known what is bitcoin so quickly.
and gold, i just think its more important than bitcoin.
bitcoin can be used for trading like paypal. gold too, but i never seen people trading something with gold for now
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I choose Bitcoin, because we back 2009 let say you have 1BTC and the price value is only 3.4 something pesos in currency value of Philippines and continuously growing up until now, look at the price of Bitcoin this 2017 price value 200,000 pesos up that's only for 8 years the Price Value of Bitcoin it's so amazing.
Unlike if you invest in gold it will take time and you have to wait to get it more expensive, its in favor if you are already wealthy and you want your assets to store in gold.
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Despite the conditions, I would choose gold, it was and will be at all times, and bitcoin appeared only recently, and in principle can also disappear. At all times they chased after gold, and kept all their cash in gold, and the price at it is on the level. Therefore, an unequivocal choice is gold.
I will keep 75% in Bitcoin and the other 25% in Gold. Why? Because I truly believe in the future of cryptocurrency, Bitcoin is going to be mass adopted in couple of decades and I can wait those couple of decades out. Bitcoin has limited number of coins, which means it will keep growing in value over long term growth just like how Gold is.
Why 75% BTC and 25% Gold? It will be better to keep 50% in Bitcoin and the remaining 50% in gold. Bitcoin is an extremely risky and volatile asset and it may be unwise to store such a large part of your wealth in crypto-currency. And gold is not looking that unattractive now. The demand is increasing and the supply is not being able to cope up with this increased demand.
I will keep 75% in Bitcoin and the other 25% in Gold. Why? Because I truly believe in the future of cryptocurrency, Bitcoin is going to be mass adopted in couple of decades and I can wait those couple of decades out. Bitcoin has limited number of coins, which means it will keep growing in value over long term growth just like how Gold is.
Why 75% BTC and 25% Gold? It will be better to keep 50% in Bitcoin and the remaining 50% in gold. Bitcoin is an extremely risky and volatile asset and it may be unwise to store such a large part of your wealth in crypto-currency. And gold is not looking that unattractive now. The demand is increasing and the supply is not being able to cope up with this increased demand.
I choose gold, like my wife said to me "do you get your bonus, can i take it as our investment i'll use it buying gold" i don't know why he said buy gold, why not bitcoin.. and he answer me "what is the Bitcoin?" haha.. they need to know first what the bitcoin is, before divide invest on gold or bitcoin.
Sure, no doubt, gold is somehow stable but does not mean the value does not fluctuate as well as we have had some crazy years for gold as well. Also, we might say the risk isn't as much as what we have considering bitcoin. However, the risks are worth it and digital currencies are gradually raising huge impact to the point that it is glaringly unstoppable. So with that, chances with huge profits from bitcoin as an asset is much higher.
I will keep 75% in Bitcoin and the other 25% in Gold. Why? Because I truly believe in the future of cryptocurrency, Bitcoin is going to be mass adopted in couple of decades and I can wait those couple of decades out. Bitcoin has limited number of coins, which means it will keep growing in value over long term growth just like how Gold is.
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I choose Bitcoin, because we back 2009 let say you have 1BTC and the price value is only 3.4 something pesos in currency value of Philippines and continuously growing up until now, look at the price of Bitcoin this 2017 price value 200,000 pesos up that's only for 8 years the Price Value of Bitcoin it's so amazing.
I think gold is still the safest investment. But the movement of gold values is very slow, if you dare to take risks, bitcoin is the main choice, because the movement of bitcoin value is more drastic than gold. So you can get a lot of profits from bitcoin, but you can also lose so much from bitcoin.
It's the safest and no question about that but for investors who does not have enough money to risk they will look for a better investment that could increase their money in an instant and I think only bitcoin can do that, in just one year we already witness a significant increase.
And what I think is, it depends on you totally. You have to decide whether you want a safest investment or you can play with risks and get some more profits. It is sure that gold is much safer than bitcoin in every regard but the profit ratio as per time of bitcoin is so much higher than gold. Risks are there too. Still you are the deciding factor.
I understand what you are saying about risks, but the only risk for bitcoin, is that it will eventually have to fight against governments and banks. If you only look at it from a technological point of view, bitcoins makes much more sense than gold, because it gets it's key features and improves them. Bitcoin is scarce just like gold, but it does not have any of the storage inconvenient gold has. It allows for easy payments, just like currency, and gold does not allow that. It allows all of that in fast transactions just like visa (or it will allow that in the future), and finally it's much easier to get, because it's digital (not talking about mining difficulty here, just comfort of use). So bitcoin is like gold 3.0, so of course I prefer bitcoin to gold. Of course banks don't like, and governments don't like, so there is some risk because of that, but bitcoin is way better than gold.
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I think that you should invest in both of them as both of them will help your investment grow in their own way. Gold is the world's most popular investment. Everyone wants to invest in gold. It will provide stability to your investment.
Bitcoin on the other hand, is one of world's fastest growing investments. It will help to increase the rate of growth of your investment.
Things are changing pretty fast and it seems bitcoin is just the way right now. Gold has never given me in a short period what bitcoin has given.
I think gold is still the safest investment. But the movement of gold values is very slow, if you dare to take risks, bitcoin is the main choice, because the movement of bitcoin value is more drastic than gold. So you can get a lot of profits from bitcoin, but you can also lose so much from bitcoin.
It's the safest and no question about that but for investors who does not have enough money to risk they will look for a better investment that could increase their money in an instant and I think only bitcoin can do that, in just one year we already witness a significant increase.
In fact technically, bitcoin and gold are the same thing. In the past, gold was not a valuable item, and some primitive tribes did not know the value of gold. In the same way, a bitcoin has remained a pauper worthless. I think it's very similar.
I am also in favor of investing more into bitcoin than gold at the moment when bitcoin is residing at the value of 5k dollars. Gold is the conventional method of making money rather saving money whereas bitcoin is not only a bank but also an evergreen investment as well at the same time. This dual nature of bitcoin has attracted masses towards bitcoin and I am one of them. Bitcoin is far better than gold. 
In fact technically, bitcoin and gold are the same thing. In the past, gold was not a valuable item, and some primitive tribes did not know the value of gold. In the same way, a bitcoin has remained a pauper worthless. I think it's very similar.
I would rather choose gold because i see that bitcoin is only 5years in this market but the gold has a proven that it will never be replace or remove because its been a century, its pretty sure that in gold, your money will never gone. But in price and value the bitcoin is the better than gold.
Having both of them make us more rich than holding a single one from them. Both have their own place in the world. Bitcoin is good at giving huge profits, anonymity and ease of large transactions. Transferring money has become simple and cheap due to bitcoin. Gold is still a symbol of rich person and a it also is expensive but its value increases at a very slow rate. Still, people love to have gold because it is a jewel. 
bitcoin in the short term, Gold price is pretty stable, and gold has been here since the beginning of time, bitcoin is new, and we are in unknown waters, but the increase in value is phenomenal.
Yes... The increase in value has been just unbelievable. The exchange rate was just around $0.001 in 2009. It has increased to around $5,200 now. I don't think that any other asset in the history of mankind has given this sort of returns.
Jump to: