Bitcoin or gold? - page 17. | Bitcointalksearch.org

perfryan

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Activity: 64

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Quote from: tkbx on March 09, 2014, 02:21:54 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 both,bitcoin and gold has the same value.

stayeduptolate

hero member

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Quote from: tkbx on March 09, 2014, 02:21:54 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.

Bitcoin has gained a lot of popularity and users and also it’s true that bitcoin has defeated gold in terms of prices but still I don’t think that bitcoin will be able to replace gold because firstly, gold is way more popular than bitcoins and gold has way more users than bitcoin. Secondly, gold is accepted everywhere around the world whereas bitcoin is not accepted everywhere around the world. Then gold is trusted by everyone whereas bitcoin bitcoin is not trusted by everyone around the world.

CoinstarF

newbie

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Quote from: Schnitz on March 10, 2014, 05:23:19 AM

Because you said EITHER...OR the answer needs to be GOLD.

I better choose Bitcoin rather than Gold. In Bitcoin patience and dedication to promote then you can get, while Gold needs a big investment to have it.

pluMmet

sr. member

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I think they are very nice to investment, bitcoin have an we’ll get of great advantage in the future but bitcoin also have a big risk for a loss, while the gold we can make the investment but advantage in can not great and also the advantages of it is very safe and do not have the risk of a big loss, gold can also in received by everyone

SmokerFace

sr. member

Activity: 958

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Quote from: tkbx on March 09, 2014, 02:21:54 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.

Bitcoin ofcourse! Grin

Bitcoin has many benefits than Gold as now it helps me alot for my daily needs, You can't use gold for your daily needs and you can't trade it by buying and selling by day or week unlike bitcoin you can get a good profit if you have a knowledge.
Bitcoin is easy to transact unlike gold by just sitting in your home and this is the best job i've ever seen.

sserge009

hero member

Activity: 770

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Bitcoin and conceived originally as gold 2.0. Therefore, the creators handed the bitons all the main properties of gold as a universal means of exchange. Ask now what is better is how to ask what is better than a cart with a horse or car. Cheesy

Hordyyy

newbie

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If you are looking for stable and safe profits then gold is the right choice, but if you want to take risks and play in short term then you should go with bitcoins.

rapperug92

member

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both. I invest Bitcoin to earn money to buy gold. But the profit from bitcoin investment is greater than gold

Gondwanaland

full member

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Quote from: tkbx on March 09, 2014, 02:21:54 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.

choose the bitcoin because here in itcoin there's a lot of profit may you get. Bitcoin is much popular now than gold therefore if higher the demand the price will be higher too. So ifthere are people are in bitcoin you can earn a lot here. Also the price of bitcoin has a possibility to increase but if you are not lucky enough you just need to take risk because it may decrease. Bitcoin is the right choice for now.

komjhq

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Quote from: Spain2000 on March 16, 2018, 05:35:16 AM

I am in the favor of the bitcoin because the gold is not that much special for me and am the educated person now investment in the bitcoin is more worthy than buying gold for now the price are good and in the future we can sell this bitcoin to get the profit over this and for the another way bitcoin is important and with this currency we can deal online things easily.

I do what I always pay attention to both Bitcoin and gold. I choose Both. I realized that with the help of Bitcoin you can earn very well, but with gold you can save all your money.

Spain2000

member

Activity: 224

Merit: 10

I am in the favor of the bitcoin because the gold is not that much special for me and am the educated person now investment in the bitcoin is more worthy than buying gold for now the price are good and in the future we can sell this bitcoin to get the profit over this and for the another way bitcoin is important and with this currency we can deal online things easily.

Newbie Wong

newbie

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Quote from: Newbie Wong on March 16, 2018, 05:00:35 AM

New era of economy is coming. The revolution is on the way. Like AI, it is irreversible. Stop is impossible. Why? I dun know.

I hate cell phone, I hate internet, I hate email. I hate economic growth. Those lead us to be a slave. But is irreversible!!

The Consensus of limitation of Bitcoin supply will definitely keep growing, never shrink.

But why Bitcoin only? How about alt coin? Currently, we have very limited supply of code expert/programmers. In the near future, ICO projects is expected to continue to explode. This definitely disperse
code expert resources. Consensus of limitation of Bitcoin supply still be more trustable than altcoin at least for the coming decade.

Because of its robust security and integrity of amount supplying and combined with borderless decentralized currency function ever have in human history!

During world war, world internet may disconnected and lets assume that dispersed local network distributed all over the world . If ppl continue accept bitcoin as payment, there r enormous version of blockchains in world. Lets say, the end of world war the world rebuilt. World Internet reconnected, enormous version of blockchains data from dispersed local network must be reconnected or integrated. Under this circumstance, I wonder Bitcoin still workable?

Cryptomagnus

jr. member

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It depends from what your aim is: gold is the safest thing on the earth, as it works from 5.000 years, but it's not an investment, as the price is very stable. Bitcoin is a novelty, it's not so sure but if you are a good trader it's a fantastic investment.

Newbie Wong

newbie

Activity: 34

Merit: 0

New era of economy is coming. The revolution is on the way. Like AI, it is irreversible. Stop is impossible. Why? I dun know.

I hate cell phone, I hate internet, I hate email. I hate economic growth. Those lead us to be a slave. But is irreversible!!

The Consensus of limitation of Bitcoin supply will definitely keep growing, never shrink.

But why Bitcoin only? How about alt coin? Currently, we have very limited supply of code expert/programmers. In the near future, ICO projects is expected to continue to explode. This definitely disperse
code expert resources. Consensus of limitation of Bitcoin supply still be more trustable than altcoin at least for the coming decade.

Because of its robust security and integrity of amount supplying and combined with borderless decentralized currency function ever have in human history!

Lupus Solitarius

member

Activity: 273

Merit: 11

To answer to the question, on a ten year period I'd choose gold, because I know that in any situation (war, economic crisis, anithing) it value is guaranteed.
But of course it's not a good investment, so I'd choose bitcoin and gold, fifty/fifty.

Aneuk cabang

member

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i guess it depend on what is your purpose is, saving or investing. if you choose saving, GOLD is the best thing to buy because it price is unchanged. if your purpose is for investing, buy bitcoin from now or hold it if you already have.

JoBiLee

full member

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Bitcoin is for risky dudes. The volatility is crazy. As for gold it is way more stable

Newbie Wong

newbie

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Sure, Bitcoin but be ware of the J-curve phenomenon of its price.

myanti55

newbie

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According to me, bitcoin is for gambling/trading volatility on steroids, not a serious long-term store of wealth.Gold is relatively stable and has had centuries to establish its relative value in the world. Bitcoin is a disruptive technological protocol in its infancy. But there's also another point to b considered.Rather than buying gold, buy things that are useful such as real estate or silver. They're both a good store of value and if everything goes wrong, they will still be valuable. Silver's industrial value is 50+ % of its current price if I remember it correctly but the point is, silver is more useful than gold. If there was a global monetary reset, something like Bitcoin or silver would most likely be the money that will be favored in circulation. Gold will be far too less of a resource for it to be in circulation. A gold coin would have to be ridiculously small for microtransactions.

jeanpadel14

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Bitcoin is newer and flashier, and that it has arguably more utility in the digital era than gold. But, gold has the indisputable track record, having been a cherished store of value for thousands of years across human civilizations.

However, bitcoin's traits have led to those backing the cryptocurrency to believe it could potentially unseat gold over the long haul.

Topic: Bitcoin or gold? - page 17. (Read 984448 times)