Bitcoin or gold? - page 210. | Bitcointalksearch.org

batang_bitcoin

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Quote from: just_Alice on April 11, 2017, 06:27:59 AM

Quote from: batang_bitcoin on April 10, 2017, 10:44:31 PM

Quote from: tiger5056 on April 10, 2017, 11:29:17 AM

Gold can be invested by most users. BTC is still not in mainstream. It is hard for average to understand

It may not be the mainstream investment right now and no doubt gold is still preferred by many investors. It is because they still don't have an idea of what bitcoin is. For me they are good investments depending on where you want to depend, but having them both is better.

Why having both is better? I think everyone should decide for themselves what is better, either gold or Bitcoin, and invest in that one thing. For example if you know that Bitcoin is better why invest in gold? Yes it's more risky to invest in one thing but on the other hand you'll have greater profit in case you were right.

IMO people heavily overestimate gold and in the future the price of it will be falling. It will never be zero though because gold is a precious metal, but, like I said, heavily overestimated.

Are you asking why having both is better?for real? If you are an investor and you know both things are profitable. Why put all your eggs at one basket? What makes you think that gold's value will be falling in the future? You are underestimating what gold is. It's one of the most stable investment in the world and it is still precious.

deisik

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Quote from: bryant.coleman on April 11, 2017, 12:02:51 PM

Quote from: deisik on April 11, 2017, 11:45:34 AM

It is not like you underestimate gold, you likely just don't fully understand how and when gold is mostly used nowadays

Bitcoin is better if you are looking to multiply your profits (or just earn some profits, let's remain realists), but if you are already sitting on the piles of cash, you would be more concerned with preserving your wealth rather than multiplying it since multiplication of wealth also means multiplication of risks. And that's where gold steps in and shines most. Gold is for those who are already rich, and by rich I mean really rich (in terms of dozens if not hundreds of millions of dollars). This is where gold is at its best, since investing this heap of money only into Bitcoin would likely be a suicidal step

Bitcoin is quite volatile, and therefore we can't invest more than 5% or 10% of our net wealth in that sector. On the other hand, gold has proven to be a very reliable investment asset for the last 5,000 years or so. IMO, there is no risk even if we invest 100% of our wealth in gold. This is applicable to everyone, and not just for those who have more than $100 million in bank accounts

I don't agree that this is applicable to everyone

Really, if you are living paycheck to paycheck, what is the purpose of freezing your surpluses (however small they might be) in gold? It just doesn't make sense. This doesn't mean, though, that Bitcoin is the best candidate in such circumstances, of course, but you could still get pretty risk-free returns that would outperform inflation (which gold doesn't if we measure its price in US dollars) if you invested in, for example, inflation adjusted treasury bonds

TheCarm

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It's different from the gold bitcoin. I love being invisible in the web world and my wallet can be a bit rich in one day.

Dr.Osh

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This time I will clearly take bitcoin than gold. Well, the opportunity to become rich by using bitcoin, is greater than the opportunity to use gold. Well, in my opinion, the use of gold in the area of business is limited, while the use of bitcoin in terms of business almost unlimited, so the possibility of bitcoin, bigger.

bryant.coleman

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Quote from: deisik on April 11, 2017, 11:45:34 AM

It is not like you underestimate gold, you likely just don't fully understand how and when gold is mostly used nowadays

Bitcoin is better if you are looking to multiply your profits (or just earn some profits, let's remain realists), but if you are already sitting on the piles of cash, you would be more concerned with preserving your wealth rather than multiplying it since multiplication of wealth also means multiplication of risks. And that's where gold steps in and shines most. Gold is for those who are already rich, and by rich I mean really rich (in terms of dozens if not hundreds of millions of dollars). This is where gold is at its best, since investing this heap of money only into Bitcoin would likely be a suicidal step

Bitcoin is quite volatile, and therefore we can't invest more than 5% or 10% of our net wealth in that sector. On the other hand, gold has proven to be a very reliable investment asset for the last 5,000 years or so. IMO, there is no risk even if we invest 100% of our wealth in gold. This is applicable to everyone, and not just for those who have more than $100 million in bank accounts.

deisik

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Quote from: just_Alice on April 11, 2017, 06:27:59 AM

Quote from: batang_bitcoin on April 10, 2017, 10:44:31 PM

Quote from: tiger5056 on April 10, 2017, 11:29:17 AM

Gold can be invested by most users. BTC is still not in mainstream. It is hard for average to understand

It may not be the mainstream investment right now and no doubt gold is still preferred by many investors. It is because they still don't have an idea of what bitcoin is. For me they are good investments depending on where you want to depend, but having them both is better.

Why having both is better? I think everyone should decide for themselves what is better, either gold or Bitcoin, and invest in that one thing. For example if you know that Bitcoin is better why invest in gold? Yes it's more risky to invest in one thing but on the other hand you'll have greater profit in case you were right.

IMO people heavily overestimate gold and in the future the price of it will be falling. It will never be zero though because gold is a precious metal, but, like I said, heavily overestimated

It is not like you underestimate gold, you likely just don't fully understand how and when gold is mostly used nowadays

Bitcoin is better if you are looking to multiply your profits (or just earn some profits, let's remain realists), but if you are already sitting on the piles of cash, you would be more concerned with preserving your wealth rather than multiplying it since multiplication of wealth also means multiplication of risks. And that's where gold steps in and shines most. Gold is for those who are already rich, and by rich I mean really rich (in terms of dozens if not hundreds of millions of dollars). This is where gold is at its best, since investing this heap of money only into Bitcoin would likely be a suicidal step

just_Alice

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Quote from: batang_bitcoin on April 10, 2017, 10:44:31 PM

Quote from: tiger5056 on April 10, 2017, 11:29:17 AM

Gold can be invested by most users. BTC is still not in mainstream. It is hard for average to understand

It may not be the mainstream investment right now and no doubt gold is still preferred by many investors. It is because they still don't have an idea of what bitcoin is. For me they are good investments depending on where you want to depend, but having them both is better.

Why having both is better? I think everyone should decide for themselves what is better, either gold or Bitcoin, and invest in that one thing. For example if you know that Bitcoin is better why invest in gold? Yes it's more risky to invest in one thing but on the other hand you'll have greater profit in case you were right.

IMO people heavily overestimate gold and in the future the price of it will be falling. It will never be zero though because gold is a precious metal, but, like I said, heavily overestimated.

(altair)

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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.

NEWGOODOUBLE

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Quote from: micher143 on April 11, 2017, 04:21:49 AM

Quote from: tkbx on March 09, 2014, 01:21:54 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.

I will go for bitcoin because bitcoin is just starting and bitcoin price is increasing every year so I think it's worth if I will invest in bitcoin, And bitcoin is the most successful cryptocurrency and known as the digital money so I will go for the bitcoin in that case.

bitcoin is still in the developmental phase, and bitcoin very young age, of course future bitcoin prices will continue to rise. so this is an opportunity for investors to get profit

Question123

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Quote from: yellow1 on April 10, 2017, 11:39:46 PM

Both because they both have a good investment and we get from that a profit. Bitcoin can buy anything and it can pay our billings,and invest more trade. While gold is it may increases her price as the days come. And it can pawn to jewelry or in a person.

Agree with you dude, I think bitcoin and gold are good to invest. Bitcoin will give you high profit and bitcoin have many feautures like paying bills, load and buying in online. Gold give you also profit and the price increasing everymonth and gold is safe to invest because of the stable price .You can pawn in jewelry shop or the person. Invest your money in gold and bitcoin if you want more money.

micher143

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Quote from: tkbx on March 09, 2014, 01:21:54 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.

I will go for bitcoin because bitcoin is just starting and bitcoin price is increasing every year so I think it's worth if I will invest in bitcoin, And bitcoin is the most successful cryptocurrency and known as the digital money so I will go for the bitcoin in that case.

Sithara007

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Quote from: yellow1 on April 10, 2017, 11:39:46 PM

Both because they both have a good investment and we get from that a profit. Bitcoin can buy anything and it can pay our billings,and invest more trade. While gold is it may increases her price as the days come. And it can pawn to jewelry or in a person.

Both Bitcoin and gold are miles apart from each other, and we should be careful while investing in them. Right now, one Bitcoin is worth as much as one oz. of pure gold. I don't know what will happen in 2018 or 2020. May be Bitcoin will become even more expensive when compared to gold. Or the reverse can also happen.

yellow1

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Both because they both have a good investment and we get from that a profit. Bitcoin can buy anything and it can pay our billings,and invest more trade. While gold is it may increases her price as the days come. And it can pawn to jewelry or in a person.

stripykitteh

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Quote from: ankit10 on April 09, 2017, 06:01:18 AM

i prefer to have bitcoin ,because bitcoin has less chances to lost but in gold there was more chances of thievery. Bitcoin is easy to accesssible and easy to buy then Gold (depends on country) . And we can easily buy and sell bitcoin rather than gold and easy to transact both are have huge different but both are valuable Wink

You may have a logical insight on transporting money though value wise Gold would be the best choice.
Flying to a 3rd world Country with Bitcoin might not be a good idea because there won't be that much people that know about Bitcoin. So the person who just flew to a 3rd world Country is carrying around digital dust and the other person who flew into the 3rd world Country is living in a Hotel spending Gold here and there.

batang_bitcoin

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Quote from: tiger5056 on April 10, 2017, 11:29:17 AM

Gold can be invested by most users. BTC is still not in mainstream. It is hard for average to understand

It may not be the mainstream investment right now and no doubt gold is still preferred by many investors. It is because they still don't have an idea of what bitcoin is. For me they are good investments depending on where you want to depend, but having them both is better.

Loepuenkyou

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Quote from: tiger5056 on April 10, 2017, 11:29:17 AM

Gold can be invested by most users. BTC is still not in mainstream. It is hard for average to understand

agree, bitcoin investment only use bitcoin user, but bitcoin investment can get much return above gold investment
all people can use gold investment , can be used for jewelry

traderethereum

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Quote from: kikeda on April 10, 2017, 05:05:53 AM

Quote from: boyptc on April 10, 2017, 04:16:24 AM

Quote from: BigBos on April 10, 2017, 04:04:30 AM

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.

i think, we need to invest in gold and bitcoin, because gold is for our real life, people still like to have investment in real life, and bitcoin is for our online life. both, gold and bitcoin is the best investment that we can do to make big money in long term. we know that to buy bitcoin, we can do buy in separately, and for gold, i think we can buy for the smallest physical amount so we have 2 type of investment.

HongKong

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Quote from: tiger5056 on April 10, 2017, 11:29:17 AM

Gold can be invested by most users. BTC is still not in mainstream. It is hard for average to understand

True. There's many advantages with Gold when it's compared to Bitcoin. Since Bitcoin isn't 100% secure like how people think it is it’s pretty hard to say that Bitcoin is a payment system that will overcome the currency Currencies within the world. The Government and the people inside the IMF don't want a payment system that isn't easy to play around with on their end only and the whole fact that somebody not in the IMF or the Government could mess around with the code to make more money doesn't make those people happy at all.

Bitcotalk

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Quote from: tiger5056 on April 10, 2017, 11:29:17 AM

Gold can be invested by most users. BTC is still not in mainstream. It is hard for average to understand

Yes gold is invested more by users and the reason is that more people are aware with gold and bitcoin has lesser people than what is in gold so if they all will know about bitcoin then they all will invest their money in bitcoin.

tiger5056

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Gold can be invested by most users. BTC is still not in mainstream. It is hard for average to understand

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