Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.
but to me i think gold is good for saving and not for making money, as we can expect a very little change in the price of bitcoin while trading alt coin we can make good prift as there are more chances that the price of altcoin will goo high and we will get good chance to sell bicin. 
Topic: Bitcoin or gold? - page 209. (Read 984470 times)
Gold has no more upside, it has peaked at around 1400-1100 area. Bitcoin will go to 5-6 figures in the next 10 years. What are the odds for gold going 5 figures? it will never happen, gold is old, boring, and has no exciting future.
gold price is long time always incraese but not very high incraese
bitcoin next 10 year is anything can happern, can incraese or down, is long time hold until 10 year, bitcoin is not good investment
if you gold trading in online not real and physic, gold trading is not boring but is enjoy and can get much profit
My main preferences for gold over BTC is that I can hold gold in my hand, it is a physical item. BTC is 1's and 0's. You can't physically hold it in your hand. If your hard drive crashes and you don't have a backup of your wallet, your BTC is gone. Someone can hack an exchange and steal any BTC you have stored there (not the best idea anyway) and you will likely never recover it. Gold can not be destroyed. It can be stolen or lost, but never destroyed. Melt it down... it's still gold. Beat the hell out of it with a hammer... it's still gold. Drop it in a vat of acid... it's still gold
I certainly agree that gold has a lot of uses
And in some of these uses gold may well outperform Bitcoin, for example, as a store of value. But I can't possibly agree with your bias toward gold being indestructible. In fact, Bitcoin has a lot higher safety margin than gold in this respect. Yes, gold cannot be destroyed physically in the majority of cases that we might encounter in real life, though this doesn't in the least mean that it indestructible. You could dissolve it in some acids (mixtures of acids like aqua regia), it is very prone to wear and tear, you cannot make a copy of it, you cannot encrypt it. After all, it can just get stolen or confiscated. In this aspect, Bitcoin is by far more indestructible than gold. You print out a few copies of your paper wallet with encrypted keys on them and put them in a bank vault and your wall safe as well as save the encrypted keys in a file on a Google drive or elsewhere, and your bitcoins are protected from virtually anything that you could ever think of and which wouldn't render Bitcoin useless as such. And all this requires least amount of time and effort possible, you just need to know what to do
All good points as well. And I agree, gold obviously can not be encrypted as it is a physical object. But it can be stored in a safe or bank vault as well. As for being destroyed, no, acid does not actually destroy it. Gold can be "broken down" into a powdery form using aqua regia in order to remove impurities such as other metals and minerals, but put a torch to that powder and it melts and solidifies back into a beautiful, shiny yellow metal again when it cools
Regarding saving gold in a bank vault, this apparently contradicts your earlier claim that you prefer gold because "I can hold gold in my hand". So would you really trust a bank vault?
I don't believe I contradicted myself at all. I said that I like to hold gold in my hand. I didn't say that I wanted to put my gold in a bank vault. I was merely pointing out that it, just like what you said with a BTC paper wallet, can be saved there. So no, I don't trust banks at all. And that is exactly why I keep all of my PMs at my house.
But I think that keeping gold in bank vault is much safer then keeping at home as its bank's responsibility to keep your gold safe and if there is some robbery or theft in the bank then banks will help you out in recovering your gold which is not possible if it gets stolen from the house.
My main preferences for gold over BTC is that I can hold gold in my hand, it is a physical item. BTC is 1's and 0's. You can't physically hold it in your hand. If your hard drive crashes and you don't have a backup of your wallet, your BTC is gone. Someone can hack an exchange and steal any BTC you have stored there (not the best idea anyway) and you will likely never recover it. Gold can not be destroyed. It can be stolen or lost, but never destroyed. Melt it down... it's still gold. Beat the hell out of it with a hammer... it's still gold. Drop it in a vat of acid... it's still gold
I certainly agree that gold has a lot of uses
And in some of these uses gold may well outperform Bitcoin, for example, as a store of value. But I can't possibly agree with your bias toward gold being indestructible. In fact, Bitcoin has a lot higher safety margin than gold in this respect. Yes, gold cannot be destroyed physically in the majority of cases that we might encounter in real life, though this doesn't in the least mean that it indestructible. You could dissolve it in some acids (mixtures of acids like aqua regia), it is very prone to wear and tear, you cannot make a copy of it, you cannot encrypt it. After all, it can just get stolen or confiscated. In this aspect, Bitcoin is by far more indestructible than gold. You print out a few copies of your paper wallet with encrypted keys on them and put them in a bank vault and your wall safe as well as save the encrypted keys in a file on a Google drive or elsewhere, and your bitcoins are protected from virtually anything that you could ever think of and which wouldn't render Bitcoin useless as such. And all this requires least amount of time and effort possible, you just need to know what to do
All good points as well. And I agree, gold obviously can not be encrypted as it is a physical object. But it can be stored in a safe or bank vault as well. As for being destroyed, no, acid does not actually destroy it. Gold can be "broken down" into a powdery form using aqua regia in order to remove impurities such as other metals and minerals, but put a torch to that powder and it melts and solidifies back into a beautiful, shiny yellow metal again when it cools
Regarding saving gold in a bank vault, this apparently contradicts your earlier claim that you prefer gold because "I can hold gold in my hand". So would you really trust a bank vault?
I don't believe I contradicted myself at all. I said that I like to hold gold in my hand. I didn't say that I wanted to put my gold in a bank vault. I was merely pointing out that it, just like what you said with a BTC paper wallet, can be saved there. So no, I don't trust banks at all. And that is exactly why I keep all of my PMs at my house.
All out i will go for gold.Why i choose gold?Because gold is one of the oldest and safest invesment i have ever encountered,safe storage of gold and good annually profit.Why i didnt choose bitcoins?Simply,bitcoins may lose up its value in future so i dont feel secure on going to bitcoins even tho im a huge fan of it.
Totally agree with you there. Bitcoin is not stable enough for me to risk putting all my financial assets into. Gold has been around for a while and even though it still fluctuates it is not new like Bitcoin. There is no way I would risk the price of Bitcoin dropping and loosing 50 to even 100% of my savings. For 1 year even I would be too scared to hold more than around 10,000 in bitcoin. Its just not worth the risk.
My main preferences for gold over BTC is that I can hold gold in my hand, it is a physical item. BTC is 1's and 0's. You can't physically hold it in your hand. If your hard drive crashes and you don't have a backup of your wallet, your BTC is gone. Someone can hack an exchange and steal any BTC you have stored there (not the best idea anyway) and you will likely never recover it. Gold can not be destroyed. It can be stolen or lost, but never destroyed. Melt it down... it's still gold. Beat the hell out of it with a hammer... it's still gold. Drop it in a vat of acid... it's still gold
I certainly agree that gold has a lot of uses
And in some of these uses gold may well outperform Bitcoin, for example, as a store of value. But I can't possibly agree with your bias toward gold being indestructible. In fact, Bitcoin has a lot higher safety margin than gold in this respect. Yes, gold cannot be destroyed physically in the majority of cases that we might encounter in real life, though this doesn't in the least mean that it indestructible. You could dissolve it in some acids (mixtures of acids like aqua regia), it is very prone to wear and tear, you cannot make a copy of it, you cannot encrypt it. After all, it can just get stolen or confiscated. In this aspect, Bitcoin is by far more indestructible than gold. You print out a few copies of your paper wallet with encrypted keys on them and put them in a bank vault and your wall safe as well as save the encrypted keys in a file on a Google drive or elsewhere, and your bitcoins are protected from virtually anything that you could ever think of and which wouldn't render Bitcoin useless as such. And all this requires least amount of time and effort possible, you just need to know what to do
All good points as well. And I agree, gold obviously can not be encrypted as it is a physical object. But it can be stored in a safe or bank vault as well. As for being destroyed, no, acid does not actually destroy it. Gold can be "broken down" into a powdery form using aqua regia in order to remove impurities such as other metals and minerals, but put a torch to that powder and it melts and solidifies back into a beautiful, shiny yellow metal again when it cools
That would likely cost you half the price of the gold thus lost
Of course, I didn't mean that it can be completely destroyed (like turned into pure energy or, say, plumbum or mercury). When I was a student, some student from a chemistry faculty inadvertently dissolved a platinum melting pot (I don't know what acid he used, though). It was decided that it would be cheaper to just write that wretched pot off than to restore platinum from solution. Regarding saving gold in a bank vault, this apparently contradicts your earlier claim that you prefer gold because "I can hold gold in my hand". So would you really trust a bank vault?
Gold has no more upside, it has peaked at around 1400-1100 area. Bitcoin will go to 5-6 figures in the next 10 years. What are the odds for gold going 5 figures? it will never happen, gold is old, boring, and has no exciting future.
Gold is old and boring? Really? Well, you did get one of those right. It is old. About 14 billion years old. Definitely not boring though. Do you like your computer and cell phone? I'm willing to bet they both have gold in them. And BTC going to 5-6 figures in the next 10 years? What are you basing that on?
Gold has no more upside, it has peaked at around 1400-1100 area. Bitcoin will go to 5-6 figures in the next 10 years. What are the odds for gold going 5 figures? it will never happen, gold is old, boring, and has no exciting future.
My main preferences for gold over BTC is that I can hold gold in my hand, it is a physical item. BTC is 1's and 0's. You can't physically hold it in your hand. If your hard drive crashes and you don't have a backup of your wallet, your BTC is gone. Someone can hack an exchange and steal any BTC you have stored there (not the best idea anyway) and you will likely never recover it. Gold can not be destroyed. It can be stolen or lost, but never destroyed. Melt it down... it's still gold. Beat the hell out of it with a hammer... it's still gold. Drop it in a vat of acid... it's still gold
I certainly agree that gold has a lot of uses
And in some of these uses gold may well outperform Bitcoin, for example, as a store of value. But I can't possibly agree with your bias toward gold being indestructible. In fact, Bitcoin has a lot higher safety margin than gold in this respect. Yes, gold cannot be destroyed physically in the majority of cases that we might encounter in real life, though this doesn't in the least mean that it indestructible. You could dissolve it in some acids (mixtures of acids like aqua regia), it is very prone to wear and tear, you cannot make a copy of it, you cannot encrypt it. After all, it can just get stolen or confiscated. In this aspect, Bitcoin is by far more indestructible than gold. You print out a few copies of your paper wallet with encrypted keys on them and put them in a bank vault and your wall safe as well as save the encrypted keys in a file on a Google drive or elsewhere, and your bitcoins are protected from virtually anything that you could ever think of and which wouldn't render Bitcoin useless as such. And all this requires least amount of time and effort possible, you just need to know what to do
All good points as well. And I agree, gold obviously can not be encrypted as it is a physical object. But it can be stored in a safe or bank vault as well. As for being destroyed, no, acid does not actually destroy it. Gold can be "broken down" into a powdery form using aqua regia in order to remove impurities such as other metals and minerals, but put a torch to that powder and it melts and solidifies back into a beautiful, shiny yellow metal again when it cools.
Bitcoin's usage is very limited because it was designed to be a currency. Gold, however, has been and is still used as money, made into art and jewelry, used in electronics because of its conductive properties, and used as heat shielding. among other things.
The one thing I do not care for about gold is that it's value is highly manipulated. That is one area where BTC definitely reigns supreme, at least for now.
Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.
Yes, that is a clear decision. Not only just bitcoin and gold but also consider investing money in other asset classes as well. Sticking to only one or two businesses is always dangerous because if suddenly prices go down due to some reasons then one can lose lot of money all of a sudden. Consider to diversify your money into as many as different asset classes.
That is a smart decision to make and we have an choice to invest in both of them so we don't have to be choosy in selecting our investments and best thing would be to invest in both of them and if both performs well in future then it can be a win win situation for us.
Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.
Yes, that is a clear decision. Not only just bitcoin and gold but also consider investing money in other asset classes as well. Sticking to only one or two businesses is always dangerous because if suddenly prices go down due to some reasons then one can lose lot of money all of a sudden. Consider to diversify your money into as many as different asset classes.
That is a smart decision to make and we have an choice to invest in both of them so we don't have to be choosy in selecting our investments and best thing would be to invest in both of them and if both performs well in future then it can be a win win situation for us.
My main preferences for gold over BTC is that I can hold gold in my hand, it is a physical item. BTC is 1's and 0's. You can't physically hold it in your hand. If your hard drive crashes and you don't have a backup of your wallet, your BTC is gone. Someone can hack an exchange and steal any BTC you have stored there (not the best idea anyway) and you will likely never recover it. Gold can not be destroyed. It can be stolen or lost, but never destroyed. Melt it down... it's still gold. Beat the hell out of it with a hammer... it's still gold. Drop it in a vat of acid... it's still gold
I certainly agree that gold has a lot of uses
And in some of these uses gold may well outperform Bitcoin, for example, as a store of value. But I can't possibly agree with your bias toward gold being indestructible. In fact, Bitcoin has a lot higher safety margin than gold in this respect. Yes, gold cannot be destroyed physically in the majority of cases that we might encounter in real life, though this doesn't in the least mean that it indestructible. You could dissolve it in some acids (mixtures of acids like aqua regia), it is very prone to wear and tear, you cannot make a copy of it, you cannot encrypt it. After all, it can just get stolen or confiscated. In this aspect, Bitcoin is by far more indestructible than gold. You print out a few copies of your paper wallet with encrypted keys on them and put them in a bank vault and your wall safe as well as save the encrypted keys in a file on a Google drive or elsewhere, and your bitcoins are protected from virtually anything that you could ever think of and which wouldn't render Bitcoin useless as such. And all this requires least amount of time and effort possible, you just need to know what to do
Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.
Yes, that is a clear decision. Not only just bitcoin and gold but also consider investing money in other asset classes as well. Sticking to only one or two businesses is always dangerous because if suddenly prices go down due to some reasons then one can lose lot of money all of a sudden. Consider to diversify your money into as many as different asset classes.
Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.
certainly I choose gold because it is a very nice option for me, because for a long term.
bitcoin first gold after getting the new results.
bitcoin first gold after getting the new results.
Bitcoin has the higher price now indeed. But it is not only about the prices, we need to consider the benefits and bitcoin has a lot of it. It is so difficult to buy a gold because of its divisibility unlike bitcoin you can have even the smallest amount.
Not sure I'm following your logic here. Are you saying gold isn't as divisible as BTC? Yes, you can buy and sell BTC all the way down to the .00000001 level, but then that would be silly because you would have to pay much more than that just to make the transaction. But gold is extremely divisible too. You can buy and sell everything from gold flakes, to 5 gram bars, to 1 ounce coins and bars on up to kilo bars. How is that not divisible?
My main preferences for gold over BTC is that I can hold gold in my hand, it is a physical item. BTC is 1's and 0's. You can't physically hold it in your hand. If your hard drive crashes and you don't have a backup of your wallet, your BTC is gone. Someone can hack an exchange and steal any BTC you have stored there (not the best idea anyway) and you will likely never recover it. Gold can not be destroyed. It can be stolen or lost, but never destroyed. Melt it down... it's still gold. Beat the hell out of it with a hammer... it's still gold. Drop it in a vat of acid... it's still gold.
I would suggest you to invest in both bitcoins and gold instead of keeping all your eggs in one basket, diversification is the key for good success, without doubt bitcoin will yield you the highest returns if you hold it for several more years, golds value will also not depreciate much atleast will increase a little bit more, I will suggest that invest some in bitcoins and some in gold like 50/50.
Bitcoin has the higher price now indeed. But it is not only about the prices, we need to consider the benefits and bitcoin has a lot of it. It is so difficult to buy a gold because of its divisibility unlike bitcoin you can have even the smallest amount.
Well i think a little bit of both because you can use this both to buy the things that you ever wanted. But they have differences , bitcoin doesn't have a stable price, sometimes the price fall, sometimes the price rise. And gold has a stable price. And they say bitcoin has more higher price now.
see both of them at this time makes me think to have both, because gold and bitcoin really able to give us an opportunity to change the life that we have. but, perhaps it is best to have a bitcoin, because bitcoin is the short and long term investments that you can not control with the ability you have.
If you are a business minded person, it's a best deal to have them both. They are both profitable and I don't want to compare them if I can see them to give me some decent profit in the end. Right now bitcoin is uprising while gold does have already stable market, so it depends on the investors if he will take both or only one.
People who have enough money will definitely invest in both of them instead of investing in only one as they will look forward to make profits from both the ends and if it happens then it will be a win win situation for them as it will give best profits on their investments.
Both ends does have a good result if you are an investor. You may experience lose or any disappointment if you will start but in the end you'll see a good result when you already started to have reading ability on how the flow of bitcoin, if you are a bitcoin to dollar trader. And for gold, there's no argument for it, this thing is legend and profitable.
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