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Topic: Bitcoin or gold? - page 163. (Read 984470 times)

newbie
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July 15, 2017, 11:29:23 AM
https://www.youtube.com/watch?v=gKkfhi8Eaiw&t=1s

I agree whole-heartedly with this guy's answer!
legendary
Activity: 3346
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Leading Crypto Sports Betting & Casino Platform
July 15, 2017, 08:50:52 AM
But how many people have that wealth?

Gold is a poor investment on its own (I can't say that it is bad since it is not), and people investing in gold aim mostly at preserving their wealth, not earning any profits as such. But, as I just said, you should first have this wealth, and it is not like having a few (dozen) bitcoins, it is more about a few (dozen) million dollars when stacking up gold starts making sense. It won't give you profits in real purchasing power (most likely, 1 ounce of gold will buy you the same amount of goods in 10-year time as today) but it will certainly preserve the value of your capital

Nowadays it is really getting difficult to preserve our wealth, due to the rampant inflation. If gold or any other bullion metal is capable of preserving my wealth, then I would happily invest a part of my wealth in it. There are few other reliable options. Stock markets and real estate looks like inflated balloons right now. They can burst at any time.
hero member
Activity: 3052
Merit: 651
July 15, 2017, 08:30:53 AM
Over many centuries, gold compare with other precious metals, gold is the most popular as an investment until now. But I think bitcoin has become a serious contender for gold with increased price so fast in first decade. If people get a good information about bitcoin I think they prefer to take bitcoin as they investment choice.

They might. But that is not a 100 percent.
There is a possibility that they can also be the enemies of bitcoin considering it is shocking when they see its price for the first time.
It should be annopen minded person before they could really see the good part of it.
For now, inviting them would be a problem. Maybe after August 1 for we also dont know what might happen.
hero member
Activity: 980
Merit: 507
July 15, 2017, 08:25:27 AM
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 any day..Bitcoin is not popular,it is a crypto currency,it is intangible which makes gold win by  a bigger margin.People won't believe in bitcoin but they already believe in gold.Changing from gold to paper currency itself created a lot of misbeliefs among a lot of people due to lack of trust.What do you think will happen if any random person is asked to choose between gold and bitcoin,that too if has to convert all his wealth in any one of those two options?Gold has been there for centuries and bitcoin has been there for 8 years to be exact.
full member
Activity: 217
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Don't Be Stupid
July 15, 2017, 07:57:37 AM
Over many centuries, gold compare with other precious metals, gold is the most popular as an investment until now. But I think bitcoin has become a serious contender for gold with increased price so fast in first decade. If people get a good information about bitcoin I think they prefer to take bitcoin as they investment choice.
sr. member
Activity: 476
Merit: 250
July 15, 2017, 07:48:37 AM
Gold, hands down.

Bitcoin is for gambling/trading volatility on steroids, not a serious long term store of wealth.
Yes definitely both pf them, if you're a wise business man you will always choose both of it because they can both make is rich and wealthy. Gold had a great security when it becomes to long term investment unless you've been robbed. While bitcoins are somehow risky because it might get hacked or maybe just maybe it falls. But let's all hope that doesn't happen.
sr. member
Activity: 546
Merit: 255
July 15, 2017, 05:30:42 AM
For me, I will choose bitcoin over gold. That 10 years is a long term investment for bitcoin, I'll just ignore the volatility of bitcoin's price and just focus on the long run. Comparing the price increase rate of bitcoin, I'd go for bitcoin even if gold's price is a lot more stable than bitcoin. I can just wait for the rise of price of bitcoin that is really incomparable to gold's then sell some of it.
full member
Activity: 304
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July 14, 2017, 01:57:03 AM
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.
Of course both, gold is something that will always be valuable along with the economic movement in various countries, bitcoin is a new financial investment that will probably develop in the future and will cover the whole country
sr. member
Activity: 924
Merit: 260
July 14, 2017, 01:46:09 AM
I will keep my involvement in bitcoin for the next 10 years as the current explosions of crytocurrency will last for the next decades. One bitcoin is currently more than one once of gold and comparing there age bitcoin is like baby to gold but it has out smart gold in price. Gold is currently control and own by the greedy elites and fraudulent politicians but bitcoin is owned by any person that can work hard and intelligent.
hero member
Activity: 2870
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July 14, 2017, 01:25:39 AM
bitcoin is my choice.
gold have high value no matter the year but how would you keep gold within ten years? pay a high price for securing the gold for ten years but its still not comppetely safe

yes i am choosing bitcoin too because until now, my money is not enough to buy gold so i think its better to stay with bitcoin. beside that, i can trading bitcoin pair altcoin and increase my bitcoin amount. but if in future, i can have much of money, then i will buy gold and save it in my bank and i don't want to sell if the price is not high. i don't mind to pay high price for securing the gold for ten years and i think its safe.
legendary
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July 14, 2017, 01:21:12 AM
I also choose both but, gold doesn't have liquidity. Doesn't at all.
But bitcoin is quite easy to sell and buy. So I prefer bitcoin over gold!
Yes true, both is good and had the advantages of a profitable investment, gold is the most secure and profitable investment today is bitcoin. I will give same portion for both.
Yeah certainly gold is the safest investment than bitcoin. How not, in gold there is no hargfork, segwit, fluctuation, or the like. So it makes the investment in gold very safe. If I have a lot of money of course I will allocate funds for investment in gold in particular

But how many people have that wealth?

Gold is a poor investment on its own (I can't say that it is bad since it is not), and people investing in gold aim mostly at preserving their wealth, not earning any profits as such. But, as I just said, you should first have this wealth, and it is not like having a few (dozen) bitcoins, it is more about a few (dozen) million dollars when stacking up gold starts making sense. It won't give you profits in real purchasing power (most likely, 1 ounce of gold will buy you the same amount of goods in 10-year time as today) but it will certainly preserve the value of your capital
sr. member
Activity: 1512
Merit: 316
July 13, 2017, 09:46:32 PM
bitcoin is my choice.
gold have high value no matter the year but how would you keep gold within ten years? pay a high price for securing the gold for ten years but its still not comppetely safe

If you talking about safety than gold is the right choice beacuse it's being used for decades and across world . In this BTc is not even a decade old and yet to be accepted by many countries . So future as such is slightly unknown.
full member
Activity: 2170
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“FRX: Ferocious Alpha”
July 13, 2017, 09:30:38 PM
i choose both bitcoin and gold preserve gold 10 years as of now surely the value is higher more a triple and the bitcoin increase the value 10 years from now but gold is the safety investment because you can hide this in the bank
hero member
Activity: 952
Merit: 500
July 13, 2017, 09:16:03 PM
I also choose both but, gold doesn't have liquidity. Doesn't at all.
But bitcoin is quite easy to sell and buy. So I prefer bitcoin over gold!
Yes true, both is good and had the advantages of a profitable investment, gold is the most secure and profitable investment today is bitcoin. I will give same portion for both.
Yeah certainly gold is the safest investment than bitcoin. How not, in gold there is no hargfork, segwit, fluctuation, or the like. So it makes the investment in gold very safe. If I have a lot of money of course I will allocate funds for investment in gold in particular
To invest in bitcoin you have to think again because btc price is nothing set or fluctuate. So if you want to choose a bitcoin is a good idea to think. I personally personally fit gold more as demand increases every year. Although not as fast as btc about the increase. But definitely go up every year
member
Activity: 119
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for future
July 13, 2017, 09:08:58 PM
bitcoin is my choice.
gold have high value no matter the year but how would you keep gold within ten years? pay a high price for securing the gold for ten years but its still not comppetely safe
full member
Activity: 588
Merit: 128
July 13, 2017, 07:09:49 PM
I will invest in bitcoin for short term and in gold for a long term as gold has more faith from people and it will surely survive in future and will try to make profit from bitcoin till its alive without depending on it for a long term.

Yeah like you I'm planning that too like 30% of my wealth will invest in bitcoin because we'll never know what can really happens, at least I have 30% investment. 70% will be on gold, although it have a stabilize price I know somehow in the future gold will always be gold and it's still precious as ever.
hero member
Activity: 1148
Merit: 504
July 13, 2017, 06:40:05 PM
I also choose both but, gold doesn't have liquidity. Doesn't at all.
But bitcoin is quite easy to sell and buy. So I prefer bitcoin over gold!
Yes true, both is good and had the advantages of a profitable investment, gold is the most secure and profitable investment today is bitcoin. I will give same portion for both.
Yeah certainly gold is the safest investment than bitcoin. How not, in gold there is no hargfork, segwit, fluctuation, or the like. So it makes the investment in gold very safe. If I have a lot of money of course I will allocate funds for investment in gold in particular
legendary
Activity: 1302
Merit: 1002
July 13, 2017, 05:08:17 PM
If you really worry about EMP FUD then you should care about it but ..
EMP would mean that all your country is fucked up and nor gold nether BTC will help you survive war...
And when you have to leave country is easier make it with BTC than gold.
Gold is easy to take away from you same time BTC bip39 or bip41 are preaty safe and can have your BTC brain wallet.
sr. member
Activity: 448
Merit: 251
July 13, 2017, 02:43:50 PM
If I think bitcoin, because bitcoin can be searched through giveaway and faucet. But if the gold had to be bought ^ _ ^
LOL. I can also give away gold for free if I have money dude Wink Wait.. This is 2017, boy. Not 2010 anymore. You can not earn a good amount of bitcoin on the internet with faucet anymore. Actually, you can never reach 1 bitcoin if you only spend your time on faucet. It is ridiculous and waste of time. You should apply in fast food store because they will even give you a higher salary than those stupid faucets
sr. member
Activity: 462
Merit: 250
July 13, 2017, 09:14:18 AM
I also choose both but, gold doesn't have liquidity. Doesn't at all.
But bitcoin is quite easy to sell and buy. So I prefer bitcoin over gold!
Yes true, both is good and had the advantages of a profitable investment, gold is the most secure and profitable investment today is bitcoin. I will give same portion for both.
yes both are good, no doubt that i think those people who want to make money and increase their assets they will certainly choose bitcoin. bitcoin trading bitcoin can give you a good profit in a short time that we cannot get from gold in such a short period of time.
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