Topic: Bitcoin or gold? - page 121. (Read 984448 times)
For me bitcoin easy but you need time for this . Wait until the value of bitcoin is high.
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.
Gold and bitcoin is same but for me bitcoin is the best becuase as you see many investor investing in bitcoin so thats why the value of bitcoin rapidly increasing and bitcoin you can use this to transact to others. 
Bitcoin's greatest edge above Gold: Its purely digital and can therefore be sent over the net to wherever in an instant.Gold's biggest advantage in excess of Bitcoin: You can hold it in your palms.
bitcoin I think is more than gold because the transaction process quickly and transparently different from gold which only has the function as a jewelry and also investment while bitcoin can be an investment
Bitcoin's greatest edge above Gold: Its purely digital and can therefore be sent over the net to wherever in an instant.Gold's biggest advantage in excess of Bitcoin: You can hold it in your palms.
if i have to covert all my wealth to either bitcoin or gold,ill convert it to bitcoin for the following reasons
NO 1.The supply of Bitcoin is absolutely fixed: Exploration teams are scouring the planet and finding new gold reserves all the time. When the price of gold rises, those new tracts become more economical, meaning the supply of gold can in fact expand.THIS IS AN EXACT OPPOSITE WITH BITCOIN. They are created when someone discovers a new mining block on the global computer network. The number of blocks is capped at 6 per hour.Moreover, bitcoins generated per block decrease geometrically, falling 50% every 4 years. The number of bitcoins mined will never exceed 21 million by the year 2140.
Roughly 57% of the total maximum have already been mined
N0 2:This is a real currency.Just try and attempt to pay for an item at any local store with gold and people will think you are crazy,but with bitcoin this is different
N0 3:Central bank cannot manipulate the price
N0:4:Its super liquid
N0:it is portable
NO 1.The supply of Bitcoin is absolutely fixed: Exploration teams are scouring the planet and finding new gold reserves all the time. When the price of gold rises, those new tracts become more economical, meaning the supply of gold can in fact expand.THIS IS AN EXACT OPPOSITE WITH BITCOIN. They are created when someone discovers a new mining block on the global computer network. The number of blocks is capped at 6 per hour.Moreover, bitcoins generated per block decrease geometrically, falling 50% every 4 years. The number of bitcoins mined will never exceed 21 million by the year 2140.
Roughly 57% of the total maximum have already been mined
N0 2:This is a real currency.Just try and attempt to pay for an item at any local store with gold and people will think you are crazy,but with bitcoin this is different
N0 3:Central bank cannot manipulate the price
N0:4:Its super liquid
N0:it is portable
It seems like over 85% of all bitcoins have been mined already
But while this kinda confirms your point of view, I still somewhat disagree with it. Indeed, more gold can be discovered and mined while Bitcoin is hard capped at 21 million coins. But this is just regular Bitcoin, and we already have Bitcoin Cash. Some are going to claim that it has nothing to do with the original Bitcoin (and I certainly see their point), while some others disagree with that (and I understand their stance as well). Regardless, it looks like we are set to see more Bitcoins coming along soon, and they will likely dilute the value of the genuine Bitcoin (at least, to a degree). Obviously, that would have the same effect as though the Bitcoin cap were removed or raised
It depends on the person, if you are not a risk taker just choose gold because gold has a physical item that you can hold or used and you can sell it any time you want. But if you are risk taker just go for bitcoin you just hold it for long period of time and there is a chance to dump its value or continue to increase that is why this is for risk taker.
Why not to just get them both? Bitcoin and gold are a good investments and if you really want to balance the risk and not to waste the chance to make money at the same time then just invest in both because if something goes great in bitcoin then you will earn profit from it and as well as in gold that you will make money if something will be good.
if i have to covert all my wealth to either bitcoin or gold,ill convert it to bitcoin for the following reasons
NO 1.The supply of Bitcoin is absolutely fixed: Exploration teams are scouring the planet and finding new gold reserves all the time. When the price of gold rises, those new tracts become more economical, meaning the supply of gold can in fact expand.THIS IS AN EXACT OPPOSITE WITH BITCOIN. They are created when someone discovers a new mining block on the global computer network. The number of blocks is capped at 6 per hour.Moreover, bitcoins generated per block decrease geometrically, falling 50% every 4 years. The number of bitcoins mined will never exceed 21 million by the year 2140.
Roughly 57% of the total maximum have already been mined
N0 2:This is a real currency.Just try and attempt to pay for an item at any local store with gold and people will think you are crazy,but with bitcoin this is different
N0 3:Central bank cannot manipulate the price
N0:4:Its super liquid
N0:it is portable
NO 1.The supply of Bitcoin is absolutely fixed: Exploration teams are scouring the planet and finding new gold reserves all the time. When the price of gold rises, those new tracts become more economical, meaning the supply of gold can in fact expand.THIS IS AN EXACT OPPOSITE WITH BITCOIN. They are created when someone discovers a new mining block on the global computer network. The number of blocks is capped at 6 per hour.Moreover, bitcoins generated per block decrease geometrically, falling 50% every 4 years. The number of bitcoins mined will never exceed 21 million by the year 2140.
Roughly 57% of the total maximum have already been mined
N0 2:This is a real currency.Just try and attempt to pay for an item at any local store with gold and people will think you are crazy,but with bitcoin this is different
N0 3:Central bank cannot manipulate the price
N0:4:Its super liquid
N0:it is portable
It depends on the person, if you are not a risk taker just choose gold because gold has a physical item that you can hold or used and you can sell it any time you want. But if you are risk taker just go for bitcoin you just hold it for long period of time and there is a chance to dump its value or continue to increase that is why this is for risk taker.
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 I will choose between bitcoin or gold, I will choose bitcoin. I know that both of them are really profitable but I know that the bitcoin will become more profitable after 10 years. 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 i can only choose bitcoin or golds, i will immediately choose Bitcoin not golds. I'm exciting on investing always. So in my view, Bitcoin is a investment and Gold is an insurance for valuable. If you have many money you should hold both of them . So you can still earn money with your investment Bitcoin and you can still insurance the valuable of your money in holding Golds. But i prefer Bitcoin more than golds. 
hen we compare gold and bitcoin, they both seem to be evenly matched. Bitcoin is ideal for everyday transactions and given the limited amount of bitcoin in circulation, bitcoin will work based on a sound demand and supply concept as any good money should.
Anyway, the exchange prices of Bitcoin seems to be independent of the supply-demand mechanism now. It is mostly news regarding the legalization and forks which is having a maximum effect in the exchange rates. But I am sure that the exchange rates are going to increase in the future, as the number of users is increasing at a rapid pace.
I could not agree with you more mate - news are really the prime movers of significant bitcoin price but when it already stabilizes, we are seeing that bitcoin price is still doin good and has really potential. I also learned my lesson: never ever get affected by the news out there because you are already holding a piece of a fortune already (bitcoin).
hen we compare gold and bitcoin, they both seem to be evenly matched. Bitcoin is ideal for everyday transactions and given the limited amount of bitcoin in circulation, bitcoin will work based on a sound demand and supply concept as any good money should.
Anyway, the exchange prices of Bitcoin seems to be independent of the supply-demand mechanism now. It is mostly news regarding the legalization and forks which is having a maximum effect in the exchange rates. But I am sure that the exchange rates are going to increase in the future, as the number of users is increasing at a rapid pace.
I prefer gold. Because it is possible to hold it in your hands and you always know that you will not remain without money. I think gold will keep having a high value. Bitcoin can go down in value and then you will become poor.
Gold is a traditional investment that has been used by everyone since thousands of years ago, gold is good for investment when we are very rich, but if not then the best option 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.
I will choose bitcoin for the simple reason that I’m not satisfied with the amount of money that I currently have and gold does not give many chances of multiplying my money the same way that bitcoin does and as such this is an easy pick for me since I want to improve my economic situation.
Bitcoin is superior to gold because it doesn't have any flaws. Gold has more and more being mined every year and you can change it (i.e melt it down and substitute metals). Bitcoin has a perfectly scarce amount of 21 million and you cannot change the network that these coins circulate on.
Anyway, I would invest more on bitcoin because of it promising future to come and little in Gold because it has almost got to its equilibrium. Meanwhile, economically it is not appropriate to invest or put everything you have in just a venture, thats risky.
It depends upon what the investor is looking for. If someone wants to make huge profits in a short period of time like me, he will definitely invest in bitcoins. Also, transactions are easy to make with bitcoins. Gold is a precious asset but it does not increase in value at a great speed. We live in a fast world and most of us do not have a lot of time to become rich. People choose gold for stability mostly.
hen we compare gold and bitcoin, they both seem to be evenly matched. Bitcoin is ideal for everyday transactions and given the limited amount of bitcoin in circulation, bitcoin will work based on a sound demand and supply concept as any good money should.
for me bitcoin beacuse it is eisier to find than gold. Because gold, you need to find very hard any places in this world, bitcoin is easy to find, you can work in this forum, you can recieve btc
I think everyone has his own way of looking up at the things. I will go for Bitcoin only instead of putting my half money in Bitcoin and half in gold. There are couples of reasons behind it. You will not lose your concentration if you invest in either. Secondly, you will not be looking at the market of both of them.But with bitcoin? I’m sure of making lots of profits because of its high volatility. Even if it drops $10, when it will rise, it will rise more than $50.
Bitcoin over gold. Gold is old and Bitcoin is new. While they both serve the same purpose, given Bitcoin is so new it offers much more potential for growth at this particular time.
I choose both, gold and bitcoin are great for long term investment and have been proven for a long time, but for now I will priority to bitcoin because it can get profit faster than gold.
I agree with you, it's just safe to diversify your investments and have them in both ad the future is uncertain for both commodities. Gold has withstood the test of time and could have easily been chosen as the better choice but Bitcoin is rather out performing hold with its blustering rate of growth.
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