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Topic: Bitcoin or gold? - page 203. (Read 984470 times)

hero member
Activity: 1372
Merit: 564
April 24, 2017, 10:40:41 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.

we cannot conlude it so easily,  For me if they both i choose theres a possibility that One of them will be too profitable but theres a possibility.that one of them.will dump, im not.sure if it is bitcoin or gold.
hero member
Activity: 588
Merit: 500
April 22, 2017, 02:23:40 PM
I would choose bitcoin, can't argue with that price bitcoin very profitable, in 6 months the price has gone up to 160%, no investment is phenomenal this century except bitcoin.
That's why more people are consider about bitcoin as promising investment for them. over 100% increase and that's really a lot. It gives a massive awareness for the world.
Well, the rise in bitcoin prices is proof that so many people are choosing bitcoin instead of gold. Well, the price of gold may rise, but the increase can be said to be very slow because the demand is only people who have a lot of money, while bitcoin have enthusiasts of people who want to make business.

although now people is choosing bitcoin, in real life, many people still choose gold than bitcoin because they only know that gold is the best investment and its the traditional way that they can made. but if in out there, there is many people spread word about bitcoin, then i am sure that people out there will be choose bitcoin too and they can make two type of investment for long term.

Yes, people will going to choose bitcoin because it's more reliable when it comes to investments and that is going to give you better profit. In gold, there's a lot of investors already but with bitcoin still you can cope up with the investment depending on how much you want to invest with it and it's like a built in currency and investment.
to me i will also choose bitcoin, because bitcoin is really giving us good profit as there are more chances that the price of bitcoin will goes up and that is the reason there i will like to invest in bitcoi rather than gold which have very stable price and we cannot expect as remarkable increase in the price of bitcoin.
newbie
Activity: 36
Merit: 0
April 22, 2017, 12:58:26 PM
Now I will choose bitcoin
Its price is growing very fast and you can quickly increase capital, gold will not.
Bitcoin in the trend.
Bitcoin is interesting to me
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
April 22, 2017, 12:55:53 PM
I would choose bitcoin, can't argue with that price bitcoin very profitable, in 6 months the price has gone up to 160%, no investment is phenomenal this century except bitcoin.
That's why more people are consider about bitcoin as promising investment for them. over 100% increase and that's really a lot. It gives a massive awareness for the world.

I don't know. There wasn't much coverage about the 400% increase in the mainstream media (it went up from $230 per coin to $1,200 per coin during 18 months). However, there was some coverage about the Bitcoin ETF

Mass media has always been more interested in negative things

Blood, brains and rock&roll seems to be their favorite theme, figuratively speaking. That's why they paid attention to the Bitcoin ETF rejection by the SEC than Bitcoin price going up (and the events that preceded it since this outcome was more than expected). If this growth had been widely publicized, we would likely see prices well over 2,000 dollars per coin by now. if Bitcoin crashes tomorrow (and that won't be a flash crash like it was last times), with folks jumping out of windows, they will go wild
newbie
Activity: 68
Merit: 0
April 22, 2017, 11:36:49 AM
Bitcoin.  Gold can still be controlled by the government.  During the great depression, the US government forced people to hand over their gold.  Governments can also prevent businesses from accepting gold as forms of payment in the future.  Bitcoin's decentralization and anonymity make it more valuable when these government's go bankrupt.

When the bitcoin is mainly transacted through large lighting network, it is also more affected by government regulations.
newbie
Activity: 2
Merit: 0
April 22, 2017, 11:13:34 AM
Bitcoin.  Gold can still be controlled by the government.  During the great depression, the US government forced people to hand over their gold.  Governments can also prevent businesses from accepting gold as forms of payment in the future.  Bitcoin's decentralization and anonymity make it more valuable when these government's go bankrupt.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
April 22, 2017, 12:26:00 AM
I would choose bitcoin, can't argue with that price bitcoin very profitable, in 6 months the price has gone up to 160%, no investment is phenomenal this century except bitcoin.
That's why more people are consider about bitcoin as promising investment for them. over 100% increase and that's really a lot. It gives a massive awareness for the world.

I don't know. There wasn't much coverage about the 400% increase in the mainstream media (it went up from $230 per coin to $1,200 per coin during 18 months). However, there was some coverage about the Bitcoin ETF.
hero member
Activity: 3080
Merit: 603
April 22, 2017, 12:11:32 AM
I would choose bitcoin, can't argue with that price bitcoin very profitable, in 6 months the price has gone up to 160%, no investment is phenomenal this century except bitcoin.
That's why more people are consider about bitcoin as promising investment for them. over 100% increase and that's really a lot. It gives a massive awareness for the world.
Well, the rise in bitcoin prices is proof that so many people are choosing bitcoin instead of gold. Well, the price of gold may rise, but the increase can be said to be very slow because the demand is only people who have a lot of money, while bitcoin have enthusiasts of people who want to make business.

although now people is choosing bitcoin, in real life, many people still choose gold than bitcoin because they only know that gold is the best investment and its the traditional way that they can made. but if in out there, there is many people spread word about bitcoin, then i am sure that people out there will be choose bitcoin too and they can make two type of investment for long term.

Yes, people will going to choose bitcoin because it's more reliable when it comes to investments and that is going to give you better profit. In gold, there's a lot of investors already but with bitcoin still you can cope up with the investment depending on how much you want to invest with it and it's like a built in currency and investment.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 22, 2017, 12:01:43 AM
I would choose bitcoin, can't argue with that price bitcoin very profitable, in 6 months the price has gone up to 160%, no investment is phenomenal this century except bitcoin.
That's why more people are consider about bitcoin as promising investment for them. over 100% increase and that's really a lot. It gives a massive awareness for the world.
Well, the rise in bitcoin prices is proof that so many people are choosing bitcoin instead of gold. Well, the price of gold may rise, but the increase can be said to be very slow because the demand is only people who have a lot of money, while bitcoin have enthusiasts of people who want to make business.

although now people is choosing bitcoin, in real life, many people still choose gold than bitcoin because they only know that gold is the best investment and its the traditional way that they can made. but if in out there, there is many people spread word about bitcoin, then i am sure that people out there will be choose bitcoin too and they can make two type of investment for long term.
legendary
Activity: 1288
Merit: 1036
April 21, 2017, 12:05:56 PM
In my current state, I would have to choose gold. That is purely because I don't have much Bitcoin and gold is very stable. My answer may change in the future.

If there are not enough funds, it is better to keep them in gold, because it will never depreciate. Bitcoin seems to me only suitable for quick profits.
Why do you not want to buy a bitcoin for a partially with your amount. remember you can buy a little ercentage of bitcoin with your funds. Buy bitcoin is not get limited caused by your fund.

And I think that on the contrary. If you have little money, it's best to take a chance and buy bitcoin. Thanks to bitcoin, you can increase your money. Gold will not give such a high income as bitcoin.

It's true, bitcoin is much more profitable than gold as the price changes every day, gold is more stable and harder to make profit on short run, gold is good only if you want to conserve your money, for who doesn't have money to invest and is starting from zero gold isn't adviced.
Buy bitcoins and you will grow your bankroll step by step, watch the pumps and dumps.
I like this because if you have not enough funds then you can take chance in Bitcoin because its pumps and dumps can give you good profit but you have to keep eye on all moments for this otherwise you can lost this also very quickly Gold is not going like bitcoins because its stable for long time
That is the thing about bitcoin, if you really want to make a good profit out of it you have to constantly keep any eye on the price and on the market value so you would always stay updated on how your savings are going, but with gold you just put money on it and wait for ages until you can make something of it, but of course the bigger and the faster you want the profit the bigger the risk will be.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
April 21, 2017, 10:16:34 AM
I will say gold, i have not researched on how bitcoins reacts when the market crashes or its response in the event of a major disaster but i know about how stable gold is and how high it surges when things like these happen. So i will go for Gold for now.
Wow you are choosing gold over bitcoin because you don't know how exactly bitcoin works but the irony is you are in a signature campaign which is paying in bitcoin. And second increase in price of gold is totally impossible as the demand for it is really less so maybe when you will be in your 80's gold will have a value  Cool

Most people lack proper Bitcoin knowledge, but that shouldn't be a problem in this case as people are free to choose whichever asset suits them better from their point of view. Also, most people participating in signature campaigns are converting their coins to fiat directly, or after a month or so. It's just the money that they are after. Regarding gold, mind explaining why gold can't experience any price increases? Gold is a market driven by supply and demand, which means that the price will move up and down according to that basic market principle

Unlike Bitcoin, there is one gold and there is another gold

I obviously refer to physical versus paper gold. Because there can be a virtually unlimited amount of paper gold while both types of gold are indistinguishable in trading, you cannot reliably refer to the law of supply and demand. In other words, the price of gold can be made however low (well, at least theoretically). But that's not my point altogether. The main issue with gold is that there is no reason why the value of gold should rise. Indeed, its price can grow, for example, due to dollar depreciation, but that's pretty much all there's to it. Bitcoin, on the contrary, can multiply its own value multifold if it gets wider traction and usage in the world (which is quite possible, unlike gold)
legendary
Activity: 1218
Merit: 1000
April 21, 2017, 10:14:55 AM
I would choose bitcoin, can't argue with that price bitcoin very profitable, in 6 months the price has gone up to 160%, no investment is phenomenal this century except bitcoin.
That's why more people are consider about bitcoin as promising investment for them. over 100% increase and that's really a lot. It gives a massive awareness for the world.
Well, the rise in bitcoin prices is proof that so many people are choosing bitcoin instead of gold. Well, the price of gold may rise, but the increase can be said to be very slow because the demand is only people who have a lot of money, while bitcoin have enthusiasts of people who want to make business.
hero member
Activity: 1316
Merit: 502
April 21, 2017, 10:10:25 AM
If told to choose bitcoin or gold, I would prefer gold for the long term, because the value of gold is very stable during the century. But for the short term I prefer bitcoin for trading and gain profit quickly
correct but if you have enough money to invest do not hesitate to choose that two and that two is great investment for long term because value of bitcoin is continuous increasing and gold also but gold is much stable value!
I agree with you, we should choose both. Gold has been stable for many years but because the stability of gold we can not make a profit from it in a short period of time, we need to wait and we will make our money freeze when investing gold, this is a waste. But with bitcoin we can increase our investment amount many times, the profit from bitcoin investments is undeniable, it has been proven in recent years. However, bitcoin investment still has certain risks, so we need to be careful when investing. Invest both it will support each other
hero member
Activity: 2282
Merit: 505
April 21, 2017, 09:51:35 AM
I would choose bitcoin, can't argue with that price bitcoin very profitable, in 6 months the price has gone up to 160%, no investment is phenomenal this century except bitcoin.
That's why more people are consider about bitcoin as promising investment for them. over 100% increase and that's really a lot. It gives a massive awareness for the world.
newbie
Activity: 10
Merit: 0
April 21, 2017, 06:13:54 AM
I will choose Bitcoin. This is the currency here to stay for a long long time, the average gold user probably is a bearded fat guy living in a bunker.
The average bitcoin user is a well educated, innovative and enterprise oriented tech guy.
legendary
Activity: 1456
Merit: 1005
April 21, 2017, 06:10:34 AM
Gold has proven to be an investment for years, and and the value of gold has always been able to keep abreast of inflation during this time
here in the east, gold is always become number one choice in investment portfolio, I believe that as gold gets rarer I would want to have some as part of my portfolio but I also would like to hold bitcoin as for liquidity purposes it is easier to exchange it to other assets fast,
because I was the one who wanted to be able to profit quickly so I chose Bitcoin.
Yup in the east the gold rate is cheaper than other countries, and other country people will go and buy gold in the east. But it is very restricted country lot's of rules and regulations are there. So I have one question we can access Bitcoin in the East? And there all bitcoin related sites will work?

Come to the topic present situation Investing on Bitcoin is worth, Investing on gold will give only stable profit. But in Bitcoin, we can expect more.
newbie
Activity: 14
Merit: 0
April 21, 2017, 05:50:11 AM
Gold has proven to be an investment for years, and and the value of gold has always been able to keep abreast of inflation during this time
here in the east, gold is always become number one choice in investment portfolio, I believe that as gold gets rarer I would want to have some as part of my portfolio but I also would like to hold bitcoin as for liquidity purposes it is easier to exchange it to other assets fast,
because I was the one who wanted to be able to profit quickly so I chose Bitcoin.
sr. member
Activity: 1428
Merit: 252
April 21, 2017, 05:30:59 AM
Both are a good choice and we cannot leave, gold can we carry and sell wherever there without fear of rejection, the best current investment is bitcoin that already proved to be very profitable.
newbie
Activity: 11
Merit: 0
April 21, 2017, 04:56:20 AM
I will choose gold in investment, gold is very interesting in a few gold century to be the benchmark of a country's wealth, if your country has abundant gold then it will be very profitable
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
April 21, 2017, 03:23:35 AM
The trend nowadays is bitcoin, if I'm going to invest on my own I will always choose bitcoin because it can give me a good
return. Gold is good but I don't have the capacity to invest and it will take time for me before I can earn my income.
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