Topic: Bitcoin or gold? - page 140. (Read 984470 times)

These two types of investments are all good, I think gold is better than bitcoin because the price is stable and does not make the heart beat fast while bitcoin is a future investment that can be profitable because it can profit up to 100% in just a year.

That's not possible. Although, the bitcoin network and software are published openly and any developer around the world can make their own modified version of bitcoin software but they can't work against the network.



There's one thing you people don't understand concern bitcoin and gold. Bitcoin is best world decentralized cryptocurrency which is good for an investment. While gold is use to keep money safe for a long period of time which is what most of the rich folks do.

I am very much interested about real estates,what is the best way to invest in it and how much money we are going to make.

Bitcoin a popular investment. And of course the popularity there is why, The profits be achieved from bitcoin greater than investing in gold. Bitcoin is a great virtual currency in my opinion. Gold is also profitable, but it takes years just to experience an increase in x2.

gold and Bitcoin together might have some role in our future. If one drops the other may help. So the option is both.

Depends on your investment objectives. I'd go for BTC.

Could you please make your post more readable and understandable?

Indeed, population didn't increase 12 times, but it is obviously not the only factor at play here. I mentioned it first since its effect can be easily understood by everyone and his grandma. Personally, I'm more inclined to think that today's price of gold is not as high as it should be (according to your estimates, at least) specifically because the demand for it dropped overall during the last 30-35 years (just like you said in your other post about platinum). As you also say, the price is determined by the balance of supply and demand, and I don't think there is heavy price manipulation going on behind the scenes in respect to gold

Gold is more stable, but bitcoin is more fun and profitable

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.

There is no way to get rich fast without risking 100% of your original investment (otherwise the Forbes billionaire list would be full of FOREX traders, but it's not). I myself like bitcoins and alts, but I would never put more than half of my money into them (or any other venture with a risk of loosing 100% of the invested capital), simply because, contrary to gold, their value can (and will at some point) go to zero without ever turning back.

I think here the criteria does not apply. I confess I would be tempted to own gold too, but I would rather have all in Bitcoin to see the value of my holdings grow in the future.

In other words you're saying that price of a product is based on its rarity, whilst it depends more on its demand actually. Thus, the world yearly production of gold is around 80M troy ounces, and of platinum - only 5M troy ounces; but the price of platinum currently is lower than that of gold - due too a lower demand for it (never mind its far rarer and difficult to produce than gold).

   When this thread was created bitcoin was cheaper then bitcoin, now gold is cheaper then bitcoin. When this thread was created who eve chose
bitcoin over gold made more profit. There is not point in how many gold is there, or how many bitcoins will be, bitcoin is more used then gold, and
that is probably a reason why bitcoin price raised more then price of gold.
   If question now is same again bitcoin or gold, in next few years bitcoin prices will increase more then gold again, and again bitcoin is better
investment, that can accumulate more profit over time.

I doubt that from 1980 population increased 12 times or that it started to produce 6 times more tangible goods per capita. If the rate of gold production wouldn't grow at the same speed with the population growth, we would have to multiply the price of gold by more than 12, but since they are growing at virtually the same speed, $850x12 is quite an accurate number. Plus keep in mind, that the number of people who have access to trading PM on commodity exchanges today is far greater than it was in 1980, so the price of gold can rise even higher. Gold is more inert than silver, but you won't see water spoil in a gold pot, will you? It's seems that it's you who confuses the cost of production with the potential cost of a product, which depends totally on demand. Central bank hold about 1 billion troy ounces of gold available for sale (if there is much gold left in Fort Knox), and we, the people, hold around $150T in different financial assets (not taking into account the real estate), plus another $150T are hold by different institutions and organizations (private and government). So, if for some reason (be it panic or some sort of enlightenment) people decide to put 1/20th of that $300T into gold supposedly available for investment, its price will rise to $15K; and if in reality there is only half a billion of gold available for sale by central banks, it's price would go to $30K per troy ounce; and should people decide to convert 10% of their financial assets to gold, its price would rise to $60 000; and if another 10% would go to silver (as too far more available alternative), it's price would rise to at least $10 000, as there are around 3B troy ounces of silver theoretically available for investment (2B - in bullion coinage cut from the start of the bullion programs in 1980-s, 500M ounces hold by JP Morgan and another 500M hold by different silver investment pools).

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.

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

Amazing how this thread has thrived.   Fundamentally, gold and bitcoin have no value, unless people give it value.  Today, I would pick Gold hands down because it is widely known and used by the masses.  However, if BTC were are widely known as gold is, then I would automatically pick BTC.  Also today, BTC has NO VALUE with my Uncle Buck.  If I offered him 10 BTC for his Camero he would laugh at me and say what is a bitcoin.  If I offered him gold however, he would accept it.  He knows what gold is and it has value to him.

Well if you are looking for a growth potential that has volatile price change then Bitcoin is really the better among the two. But in terms of stable growth in which you are not looking for a growth potential as the same as Bitcoin then Gold might be a better and safe alternative. As you can see no one really wins in every part of the battle because they both have advantages and disadvantages.

Yes I agree, it is now indisputable that bitcoin is better than gold, this is our chance to continue to get big profits and in a short time, I'm sure this year's bitcoin will pass $ 9000, if there's still better gold soon sell to buy bitcoin .

But what if we only have a little capital in the pocket of our wallet, of course we can not use both for investment because if we impose to invest in both while our capital is very small. Of course the amount we will get from both investments will be very small? Certainly also impact on the small profits that we will get right?