Bitcoin or gold? - page 135. | Bitcointalksearch.org

Wayan_Pedjeng

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Quote from: Anarchist on August 21, 2017, 08:53:52 AM

Bitcoin has a refuge value side. But since we are not immune to big trend in the financial world, it may not be a bad idea to hold a little. For the gold, it is said that we must not exceed 5% of our portfolio. For Bitcoin, I would say that we should not go over 1%

That depends on your risk-taking capability. If you have no mortgage going, and if you are optimistic about the future of Bitcoin, then there is no issues in Bitcoin occupying as much as 20% of your portfolio. And there is no such limit for gold. It is a very low-risk asset. If you want, you can fill 100% of your portfolio with gold bullion coins and bars.

Yaramrd

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Bitcoin BTC because of the price fluctuation, comparatively gold is stable. So if you want to earn handsome profit Bitcoin is the only choice.

futile-resistance

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Quote from: FUKT on August 18, 2017, 09:36:38 AM

Quote from: Distinctin on August 16, 2017, 10:19:25 PM

Well, at my current wealth now I think it's good to convert it with bitcoin, I know even if we are optimistic that bitcoin will make a bigprogress in the future we cannot still erase the fear that one day it might become worthless.

Exactly! Since most buy or mine BTC not to save their wealth in it, but hope to increase it by selling their bitcoins; and we all know what happens to the price when too many decide to sell.

Quote from: bitlyre on August 17, 2017, 12:52:10 AM

bitcoin, easy to handle, easy to move and you can bring it with you always. try doing that with gold Grin

Easy to trace and destroy it by introducing Internet usage limitations (a la Chinese ban of Facebook or denying access to certain websites a la USA) or start a major sell off on exchanges by mining giants. Try doing that with physical gold.

Yes, bitcoins are having an edge over gold at the moment because of their volatile nature which makes them able to touch the highest values in short times. This is not possible with gold. Gold is very slow in this regard whereas people are after fastest ways of making money. In short, investing in bitcoins is far better than investing in gold.

Sled

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Quote from: Anarchist on August 21, 2017, 08:53:52 AM

Bitcoin has a refuge value side. But since we are not immune to big trend in the financial world, it may not be a bad idea to hold a little. For the gold, it is said that we must not exceed 5% of our portfolio. For Bitcoin, I would say that we should not go over 1%

Why we should not go over %1 when we already saw that the price of bitcoin is faster on moving rather than gold? Bitcoin has a lot of power to make our portfolio earn more than the other traditional investment and i think it is best to put some more percentage on the profitable investment rather than to those stable but slow profitability.

Anarchist

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Bitcoin has a refuge value side. But since we are not immune to big trend in the financial world, it may not be a bad idea to hold a little. For the gold, it is said that we must not exceed 5% of our portfolio. For Bitcoin, I would say that we should not go over 1%

AlexandrInt

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Quote from: omonuyak on August 21, 2017, 06:11:37 AM

Quote from: tkbx on March 09, 2014, 01:21:54 PM

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 this option is the only option I have I will rather convert them to bitcoin as bitcoin has proves to be far more valuable than gold in the long run. Bitcoin is performing very well and in time to come it will certainly outperform every other investments angle. As at today one bitcoin is greater than one oz of gold 3time and in ten years to come if all things been equal it will be higher and far better and more secure than gold.

I, too, will choose bitcoin. I never bought gold and I do not even know how to do it. But I often used bitcoin and I really like it. Bitcoin gives me a very big profit now. And in the future I can get even more profit along with bitcoin.

omonuyak

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Quote from: tkbx on March 09, 2014, 01:21:54 PM

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 this option is the only option I have I will rather convert them to bitcoin as bitcoin has proves to be far more valuable than gold in the long run. Bitcoin is performing very well and in time to come it will certainly outperform every other investments angle. As at today one bitcoin is greater than one oz of gold 3time and in ten years to come if all things been equal it will be higher and far better and more secure than gold.

Pepito Manaloto

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Quote from: tkbx on March 09, 2014, 01:21:54 PM

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 has a physical value unlike Bitcoin which is important that makes the value of something, stable. And in fact, Bitcoin is used through the years, different countries used it as ancient currency way back before when there's no currency. And until now, it is still used on transactions and payments. So I will invest my wealth to Gold because it is good for long time investment and saving because it will still have a value after 10 years.

LevshaK1

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Bitcoin and gold are two necessary assets to ensure their future. You can not choose one thing and invest in it all your savings. You need to consider the risks and divide your money in different directions.

unknown-user

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Quote from: tkbx on March 09, 2014, 01:21:54 PM

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'll go with bitcoin even if gold has a physical value. The rate of increase on Bitcoin's market value is high. After the fork that happened last August 1, it reached the 4000$ mark in just a short period of time. Since you are talking about 10 long years, I can't imagine how big will the profit become because there"ll be more forks to happen , and the demand is continuously increasing.

Zuilhsa

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Quote from: Joshuar on March 09, 2014, 01:36:53 PM

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.

yeah both seems to be the safe option, because gold is stable for years and most of the people have trusted it as a good investment. on the other hand bitcoin can never be seized by anyone, and its volatile in nature. now it is in growing stage which brings you huge amounts of profit if you hold it for 10 years.

cubevtc

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Ceck me in livestream twith

For this years for sure btc are in advantage but for very long time i quess gold still the best gl in goure choosen

ongels

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Gold is easy to track because it has global tracking system, while bitcoin is much rare because there is a limited amount of it that can come into existence, the software stops producing beyond that limit, it is also untrackable and highly encrypted.

8Habits

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Quote from: Eugenar on August 21, 2017, 01:49:50 AM

Quote from: tkbx on March 09, 2014, 01:21:54 PM

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.

It would be much better if you will invest it to Gold. Since you are being futuristic and you want to invest your wealth for 10 years, Gold will be a good investment. Since Gold is being used in transactions of different eras and different countries for a long period of time. And also, unlike Bitcoin, Gold has physical market value and is more stable in terms of its market price compared to Bitcoin.

I agree that when you go for a long term investment, gold is better option while if you want to target short range investment, bitcoin is the way to go. But, I also allocate a portion of my bitcoin to invest for a very long term like 10-20 years from now

Eugenar

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Quote from: tkbx on March 09, 2014, 01:21:54 PM

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.

It would be much better if you will invest it to Gold. Since you are being futuristic and you want to invest your wealth for 10 years, Gold will be a good investment. Since Gold is being used in transactions of different eras and different countries for a long period of time. And also, unlike Bitcoin, Gold has physical market value and is more stable in terms of its market price compared to Bitcoin.

GrayFullbuster

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Quote from: Coinmyjob on August 18, 2017, 02:22:44 PM

Quote from: mitkala on August 18, 2017, 02:06:24 PM

Quote from: basinlotus on August 18, 2017, 10:18:16 AM

Bitcoin.

In a digital world, people do not need to carry gold with you to anywhere, but can take the digital gold by all means. Cheesy

Quote from: tkbx on March 09, 2014, 01:21:54 PM

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.

That is right. That is the reason I buy bitcoins and other altconis.

I also buy bitcoin because of that. That it is convenient for them to pay and it constantly becomes more expensive.
But I know that gold is very reliable and with it there will be no sharp drops or sharp growth. Sometimes stability is good

Yeah I agree to you. The volatility of the bitcoin is the reason why I prefer the bitcoin than the gold. The price of the gold is only increase small amount while the price of the bitcoin is suddenly changing.

bakkang

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Quote from: tkbx on March 09, 2014, 01:21:54 PM

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.

For me bitcoin. As we observe the price of bitcoin as time goes by the price will getting high so if I will convert my wealth i will convert it into bitcoin and I believe that after 10 years I will become millionaire than before.

batang_bitcoin

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Quote from: naira on August 18, 2017, 09:45:16 PM

I prefer choosing bitcoin, because bitcoin prices always go up.
Bitcoin have a high technology, who knows what will happen after 10 years

And it is set to increase yearly, the demand is increasing while the supply is decreasing. Once the next halving will happen for sure the price surge again and everything that's happening to bitcoin makes itself stronger and the price too. While gold, it's my dream to have it but I'll stick anyway with bitcoin.

TribalBob

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Quote from: bncbnc on August 20, 2017, 06:33:41 PM

Quote from: futuret on August 19, 2017, 08:46:50 AM

Quote from: Capradina on August 16, 2017, 06:06:02 AM

Quote from: Vishnu.Reang on August 15, 2017, 11:16:00 AM

Quote from: 8Habits on August 14, 2017, 10:17:16 PM

Quote from: robbietobby on August 14, 2017, 09:32:42 PM

Gold is a non-renewable resources that can get by nature, while bitcoin can mine through series of staking or trading. I choose to have bitcoin for now then gold later. I think it ends the same

bitcoin has also a cap of its production to around 21 million bitcoins. Actually, that is a good news because things that are finite are more valuable than infinite. This what makes bitcoin really going high due to its finite in nature.

Hmm.... I have a few doubts about this limit of 21 million coins. Can this limit be increased/decreased using hard or soft forks? Right now, we are talking about increasing the block size through forking. But is it possible to increase this 21 million coin limit using a fork? Trust me. Sooner or later this issue is going to come up, resulting in another split.

I don't see that the system hard fork became an issue in the future. Indeed hardfork became one of the things he said to solve the problem of the bitcoin now provide enough time large enough in order to get the level of confirmation. But this could never be entered into the system, because the bitcoin outline bitcoin unknown who the maker. So that the system only hardfork spin on the outside of the bitcoin system and it all will never increase the limit of coins that were already made.

according to me bitcoin is better than gold because bitcoin has the potential to double your money in a couple of days because it increases the money rapidly but in the case of the gold you will have to wait so long and you will get small profit so I think we cannot compare gold with bitcoin because both of them are different from each other.

I also think that bitcoin is more better than gold,

Both are good as an form of investment and people have more faith in gold as it exists since long time but it will give you limited profits and if you want to make huge profits they you should go with bitcoins as no one knows how high price of bitcoins can go in near future.

bncbnc

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Quote from: futuret on August 19, 2017, 08:46:50 AM

Quote from: Capradina on August 16, 2017, 06:06:02 AM

Quote from: Vishnu.Reang on August 15, 2017, 11:16:00 AM

Quote from: 8Habits on August 14, 2017, 10:17:16 PM

Quote from: robbietobby on August 14, 2017, 09:32:42 PM

Gold is a non-renewable resources that can get by nature, while bitcoin can mine through series of staking or trading. I choose to have bitcoin for now then gold later. I think it ends the same

bitcoin has also a cap of its production to around 21 million bitcoins. Actually, that is a good news because things that are finite are more valuable than infinite. This what makes bitcoin really going high due to its finite in nature.

Hmm.... I have a few doubts about this limit of 21 million coins. Can this limit be increased/decreased using hard or soft forks? Right now, we are talking about increasing the block size through forking. But is it possible to increase this 21 million coin limit using a fork? Trust me. Sooner or later this issue is going to come up, resulting in another split.

I don't see that the system hard fork became an issue in the future. Indeed hardfork became one of the things he said to solve the problem of the bitcoin now provide enough time large enough in order to get the level of confirmation. But this could never be entered into the system, because the bitcoin outline bitcoin unknown who the maker. So that the system only hardfork spin on the outside of the bitcoin system and it all will never increase the limit of coins that were already made.

according to me bitcoin is better than gold because bitcoin has the potential to double your money in a couple of days because it increases the money rapidly but in the case of the gold you will have to wait so long and you will get small profit so I think we cannot compare gold with bitcoin because both of them are different from each other.

I also think that bitcoin is more better than gold, in fact gold has a very stable price and therefore we cannot expect a good increase in its price, while bitcoin has a big fluctuation in its price and therefore are more chances to make good profit from it and that is the reason that most of the people are trying to invest their money in bitcoin.

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