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Topic: Bitcoin or gold? - page 205. (Read 984448 times)

member
Activity: 105
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April 20, 2017, 06:35:08 AM
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.
full member
Activity: 206
Merit: 100
April 20, 2017, 06:21:05 AM
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.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
April 20, 2017, 06:09:33 AM
I will choose both bitcoin and gold investing both will definitely profitable.  Bitcoin is fluctuating its price it dump and pump but for sure will gives an earning. Though in gold as the most known for anyone will gives also profit in the long run.

And I do not invest in gold. Its hard to buy. It is easier for me to buy some part of bitcoin. I can do it in just a few minutes using my smartphone. I like it. And how to buy gold I do not know.

I think in any country gold is available for sale and more popular than bitcoin. Or I'm wrong?
You're right that gold is more popular than bitcoin but it doesn't mean that gold is the best because bitcoin can be the best also. Bitcoin has its own uniqueness in terms of features like being anonymous and secured. So i think bitcoin will get close to gold in terms of popularity soon, we just need more progress for that

I think the bitcoin is not as anonymous as the Monero, ZCash or Dash

Coins that specifically aim at being anonymous are expected to be more anonymous than Bitcoin

Bitcoin being (pseudo) anonymous was basically a beneficial side effect of its decentralized nature. In other words, Satoshi didn't particularly care to make it truly anonymous in the sense like these coins define it (Round-Robin signatures and things like that). On the other hand, I don't think that many people actually need anonymity of the level that Bitcoin already offers "out of the box", so to speak. And I strongly suspect that most of them would quickly exchange that anonymity for a few percentages of interest if regular banks started to offer Bitcoin deposits (demanding full disclosure of one's identity, obviously)
sr. member
Activity: 434
Merit: 250
April 20, 2017, 05:57:55 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.
member
Activity: 96
Merit: 10
April 20, 2017, 04:56:59 AM
I will choose both bitcoin and gold investing both will definitely profitable.  Bitcoin is fluctuating its price it dump and pump but for sure will gives an earning. Though in gold as the most known for anyone will gives also profit in the long run.

And I do not invest in gold. Its hard to buy. It is easier for me to buy some part of bitcoin. I can do it in just a few minutes using my smartphone. I like it. And how to buy gold I do not know.

I think in any country gold is available for sale and more popular than bitcoin. Or I'm wrong?
You're right that gold is more popular than bitcoin but it doesn't mean that gold is the best because bitcoin can be the best also. Bitcoin has its own uniqueness in terms of features like being anonymous and secured. So i think bitcoin will get close to gold in terms of popularity soon, we just need more progress for that.
Not only popularity as a safe investment but gold win everything than bitcoin likes price gold more strong and not easy to falling deep even though now bitcoin price stable but i guess still not strong enough stay up to $1000.

Gold is stronger and more reliable. Although bitkoyn stabilized anyway, many still do not trust him and at the slightest panic they immediately start selling their coins.
legendary
Activity: 1176
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The most Professional Cryptocurrency Casino
April 20, 2017, 04:39:55 AM
I will choose both bitcoin and gold investing both will definitely profitable.  Bitcoin is fluctuating its price it dump and pump but for sure will gives an earning. Though in gold as the most known for anyone will gives also profit in the long run.

And I do not invest in gold. Its hard to buy. It is easier for me to buy some part of bitcoin. I can do it in just a few minutes using my smartphone. I like it. And how to buy gold I do not know.

I think in any country gold is available for sale and more popular than bitcoin. Or I'm wrong?
You're right that gold is more popular than bitcoin but it doesn't mean that gold is the best because bitcoin can be the best also. Bitcoin has its own uniqueness in terms of features like being anonymous and secured. So i think bitcoin will get close to gold in terms of popularity soon, we just need more progress for that.
Not only popularity as a safe investment but gold win everything than bitcoin likes price gold more strong and not easy to falling deep even though now bitcoin price stable but i guess still not strong enough stay up to $1000.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
April 20, 2017, 04:18:16 AM
I will choose both bitcoin and gold investing both will definitely profitable.  Bitcoin is fluctuating its price it dump and pump but for sure will gives an earning. Though in gold as the most known for anyone will gives also profit in the long run.

And I do not invest in gold. Its hard to buy. It is easier for me to buy some part of bitcoin. I can do it in just a few minutes using my smartphone. I like it. And how to buy gold I do not know.

I think in any country gold is available for sale and more popular than bitcoin. Or I'm wrong?
You're right that gold is more popular than bitcoin but it doesn't mean that gold is the best because bitcoin can be the best also. Bitcoin has its own uniqueness in terms of features like being anonymous and secured. So i think bitcoin will get close to gold in terms of popularity soon, we just need more progress for that.

I think the bitcoin is not as anonymous as the Monero, ZCash or Dash.
sr. member
Activity: 317
Merit: 251
April 20, 2017, 04:17:30 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.
I may pick both, because if you convert both of them in ten years they would have a high price. I can also pick gold why ? Because gold is more popular than bitcoin and i think gold has a more higher price than bitcoin today.
hero member
Activity: 1680
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Bitcoin- in bullish time
April 18, 2017, 11:07:11 PM
I will choose both bitcoin and gold investing both will definitely profitable.  Bitcoin is fluctuating its price it dump and pump but for sure will gives an earning. Though in gold as the most known for anyone will gives also profit in the long run.

And I do not invest in gold. Its hard to buy. It is easier for me to buy some part of bitcoin. I can do it in just a few minutes using my smartphone. I like it. And how to buy gold I do not know.

I think in any country gold is available for sale and more popular than bitcoin. Or I'm wrong?
You're right that gold is more popular than bitcoin but it doesn't mean that gold is the best because bitcoin can be the best also. Bitcoin has its own uniqueness in terms of features like being anonymous and secured. So i think bitcoin will get close to gold in terms of popularity soon, we just need more progress for that.
hero member
Activity: 3080
Merit: 603
April 18, 2017, 07:54:22 PM
I don't have any gold or Bitcoins in my possession, as I am facing a lot of financial difficulties right now. I was born in to a poor family, and my parents could never afford any gold. But for me, the priorities are clear. I prefer BTC to gold.

I don't have gold too. And with your situation I'm sure that bitcoin will be the answer to your poverty but you need to work hard for it so that you can collect a lot of bitcoins and you can now have enough at your possession. I also prefer bitcoin for now but before, I prefer to have both but I don't have gold until now.

I agree with you - it is easy to solve the problem of poverty if you act actively. I do not have gold now. Almost all of my assets I store in Bitcoin

Because we can see the very good movement of bitcoin from the start until today if you are a very optimistic person, for sure you will have a good time to refresh from poverty. But this is just going to happen if you are very positive and of course without working hard you won't get what you want to get.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
April 18, 2017, 03:46:28 PM
If given the option between gold, Bitcoin, and a business, I'm going to choose the business every time. Businesses (assuming that they perform a market function) actually create value. Gold and Bitcoin only reflect it. Gold and Bitcoin go up on value based on trading whims. Businesses have intrinsic value based on the ability to create new value in the world

I disagree with that stance

While gold may well fit into your set of beliefs (as of now) but Bitcoin is certainly not there. If we consider it as money (i.e. not as a speculative asset) since this is what you seem to be assuming yourself (by saying that it reflects value), we can't possibly deny the huge role that money plays in modern economy. As to me, invention of money is in the same line as invention of wheel and capture of fire. Money is certainly not a business (though there is whole financial sector in any economy), but this doesn't take anything from the role it plays or function it fulfills in the economy
hero member
Activity: 672
Merit: 500
April 18, 2017, 12:24:50 PM

I will choose both bitcoin and gold investing both will definitely profitable.  Bitcoin is fluctuating its price it dump and pump but for sure will gives an earning. Though in gold as the most known for anyone will gives also profit in the long run.

And I do not invest in gold. Its hard to buy. It is easier for me to buy some part of bitcoin. I can do it in just a few minutes using my smartphone. I like it. And how to buy gold I do not know.

Due bitcoin is crypto currency, peoples commonly buy bitcoin through internet (online).
If we talk about how to buy, probably bitcoin has one point plus of it. Because gold is the real stuff if you want to buy have to go to the store. Or you can also buy gold online and look for sites that legite.
But everyone can not compared bitcoin and gold only in one aspect (how to buy) there still many aspects that gold is better.
sr. member
Activity: 714
Merit: 252
April 18, 2017, 11:48:01 AM
Of course bitcoin it is. Bitcoin I trust a lot and moreover its price is growing with light speed. Bitcoin have already touched down gold prices (more in my country) and is still showing extreme growth in the market. This growth makes bitcoin my favourite asset to invest in. Moreover bitcoin is futuristic. Gold on other side is physical and become worthless soon enough. So as you can see bitcoin all over in my post.  Smiley
member
Activity: 102
Merit: 10
April 18, 2017, 11:40:39 AM
I will choose both bitcoin and gold investing both will definitely profitable.  Bitcoin is fluctuating its price it dump and pump but for sure will gives an earning. Though in gold as the most known for anyone will gives also profit in the long run.

And I do not invest in gold. Its hard to buy. It is easier for me to buy some part of bitcoin. I can do it in just a few minutes using my smartphone. I like it. And how to buy gold I do not know.

I think in any country gold is available for sale and more popular than bitcoin. Or I'm wrong?
legendary
Activity: 1148
Merit: 1001
Official Zeitcoin community ambassador
April 18, 2017, 11:19:46 AM
I will choose both bitcoin and gold investing both will definitely profitable.  Bitcoin is fluctuating its price it dump and pump but for sure will gives an earning. Though in gold as the most known for anyone will gives also profit in the long run.

And I do not invest in gold. Its hard to buy. It is easier for me to buy some part of bitcoin. I can do it in just a few minutes using my smartphone. I like it. And how to buy gold I do not know.

What country do you live in where it's hard to buy gold?
newbie
Activity: 33
Merit: 0
April 18, 2017, 11:00:32 AM
I will choose both bitcoin and gold investing both will definitely profitable.  Bitcoin is fluctuating its price it dump and pump but for sure will gives an earning. Though in gold as the most known for anyone will gives also profit in the long run.

And I do not invest in gold. Its hard to buy. It is easier for me to buy some part of bitcoin. I can do it in just a few minutes using my smartphone. I like it. And how to buy gold I do not know.
sr. member
Activity: 1148
Merit: 251
April 18, 2017, 04:18:28 AM
I will choose both bitcoin and gold investing both will definitely profitable.  Bitcoin is fluctuating its price it dump and pump but for sure will gives an earning. Though in gold as the most known for anyone will gives also profit in the long run.
hero member
Activity: 641
Merit: 505
April 18, 2017, 03:42:03 AM
I will choose bitcoin over gold, mainly because I see a huge potential in the future of bitcoin. At present bitcoin has a market cap of $19 billion and gold has the market cap of $7000 billion which shows there is a room for bitcoin to grow more as people are likely to shift towards bitcoin. Moreover, I like risks.   Wink

You are right about bitcoin having room to grow especially now that bitcoin is becoming more and more popular. I also believe that the price of bitcoin will get higher because more people are going to use bitcoin for online transactions since it is very convenient.

Gold is also a good investment but I would choose bitcoin. I think the advancement of our technology as time passes will be convenient and an advantage for bitcoin to rise more.


sr. member
Activity: 770
Merit: 278
April 18, 2017, 03:21:07 AM
Its both for me, more investments more income and which gold will last longer a proven price mark up but slowly ,bitcoins is fast growing price but it is risky .Scattering in both or making it balance having a business in online and real business will be good so when one is out there's another one .Just like having many businesses to establish will bring more source of income no matter what happens.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
April 18, 2017, 03:12:13 AM
I will choose bitcoin over gold, mainly because I see a huge potential in the future of bitcoin. At present bitcoin has a market cap of $19 billion and gold has the market cap of $7000 billion which shows there is a room for bitcoin to grow more as people are likely to shift towards bitcoin. Moreover, I like risks.   Wink
to me i think most of the people are going to choose bitcoin instead of gold as we cannot get a good profit from gold that we can expect from bitcoin, because the price of bitcoin mostly change from time to time therefore there are more chances to make more and more money from tradig bitcoin.
Don't put both of your eyes bitcoin and gold is the same commodity. The gold will never come with high volatility like the bitcoin itself. The digital form of bitcoin has made bitcoin easy to transact around the world. Especially to get largest worldwide market and demand. But, open your browser and try to get the price of bitcoin on 2001. You will get surprised.

Both of them have uniqueness to each other. Gold is good for long term or for investment that you want that will lasts for a lot of years and slowly but surely you will earn money while bitcoin is another type of currency that is investment also but is so volatile and you can rather earn easily or lose easily. Both of them are good if you know how to use that 2 beautiful investment.
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