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, absolutely.In the history of money, gold has always been very unsafe. Bitcoin in terms of security advantages over gold, bitcoin is better than gold reserve currency. 
Topic: Bitcoin or gold? - page 213. (Read 984470 times)
I will choose bitcoin over gold as to make profits from gold I need to wait for a longer time and price of gold is also stable so holding it too long can be really boring for me as I am very much interested in making quick profits which is possible only with bitcoin.
Gold can't even be called an investment that's what i think because the price is change is really stable and in order for us to double our investment with gold it can take more than 20 years while in bitcoin to double our investment i think the max time would be 2 years.
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 would definitely chose bitcoins.Gold cannot give as much returns as bitcoin in the next ten years.As far as security is considered,bitcoin works in a secured block chain system and no need to worry about our investments.Even when we consider about transporting gold or bitcoins,bitcoins could be easily sent to any parts of the world quickly unlike gold which has serious security issues for sending. Obviously I would convert it to Bitcoin. I have many reasons to believe in bitcoin even after 10 years. First thing, Gold is an element which is precious, shiny and used as highly traded ornament but I believe the craze about it in next 10 years won't last that much as it is today! The 10 years from now would be DIGITAL world where there will value to digital stuff. People may not be interested in physical stuffs anymore. Gold may become talks of past and may drop in it's value drastically.
On the other hand in such digital world bitcoin will take place of safest investment and medium of trading the stuff around the globe. Due to increase in it's useful volume it will get more evaluation for it's price. Computing will increase a lot in the future and bitcoin will be more into picture frame. The clear vision of this can be seen today also. As you said 5 years passed away like sand in hand!
So for me Bitcoin is the only way to convert my money and store for next 10 years. :-)
I don't think that just after 10 years, the world will be that advanced like people will like digital stuff and abandon physical stuff. The the question is, what will happen to the fiat or physical money? I don't think that bitcoin will be king after 10 years because there is still a lot of things to happen and we can't see what will happen in the future. Gold will still here after 10 years and it will become more expensive than now just like what will happen in bitcoin. On the other hand in such digital world bitcoin will take place of safest investment and medium of trading the stuff around the globe. Due to increase in it's useful volume it will get more evaluation for it's price. Computing will increase a lot in the future and bitcoin will be more into picture frame. The clear vision of this can be seen today also. As you said 5 years passed away like sand in hand!
So for me Bitcoin is the only way to convert my money and store for next 10 years. :-)
Obviously I would convert it to Bitcoin. I have many reasons to believe in bitcoin even after 10 years. First thing, Gold is an element which is precious, shiny and used as highly traded ornament but I believe the craze about it in next 10 years won't last that much as it is today! The 10 years from now would be DIGITAL world where there will value to digital stuff. People may not be interested in physical stuffs anymore. Gold may become talks of past and may drop in it's value drastically.
On the other hand in such digital world bitcoin will take place of safest investment and medium of trading the stuff around the globe. Due to increase in it's useful volume it will get more evaluation for it's price. Computing will increase a lot in the future and bitcoin will be more into picture frame. The clear vision of this can be seen today also. As you said 5 years passed away like sand in hand!
So for me Bitcoin is the only way to convert my money and store for next 10 years. :-)
On the other hand in such digital world bitcoin will take place of safest investment and medium of trading the stuff around the globe. Due to increase in it's useful volume it will get more evaluation for it's price. Computing will increase a lot in the future and bitcoin will be more into picture frame. The clear vision of this can be seen today also. As you said 5 years passed away like sand in hand!
So for me Bitcoin is the only way to convert my money and store for next 10 years. :-)
bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe
I think it all depends on the economic conditions of each of us. if we only had a little money, then gold is not the best investment option. because even though the price of gold is more stable but price increases each year only 10% -20% every year. under conditions of those people who only have a small capital should choose bitcoin as an investment.To gain more profit with little investments you need to take higher risk. If someone has small capital, it doesn't always mean that it's not worth a lot for that person (e.g. this could be savings from several years). It depends on perspective and situation. If you could deal with eventually loss, go for BTC. Otherwise - gold.
bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe
I think it all depends on the economic conditions of each of us. if we only had a little money, then gold is not the best investment option. because even though the price of gold is more stable but price increases each year only 10% -20% every year. under conditions of those people who only have a small capital should choose bitcoin as an investment. bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe
It's true, both of them are good investments but since most of the people doesn't know much about bitcoin. The advantage of investing on it is good because we are still considered as few in the market but once newcomers started to invest, it will be hard to get along with it already as the competition is going to be tough and the price will be higher.
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 would prefer to choose bitcoin, it is because of the volatility of bitcoin can give us more profit every now and then. In every movement of bitcoin there is an opportunity ahead for the traders to buy and sell in the market. While in Gold the motion is very slow though there is a guaranteed that it will increase the value too. 
looks price bitcoin for now, both of them very good for investment..
but i still prefer with gold, because gold have real fisik and prce always going up
I think it would be more difficult gold in store for the physical form? would be easily stolen too, if you save a lot of gold? different when you save a bitcoin, no matter how much it will be easily stored and flexiblebut i still prefer with gold, because gold have real fisik and prce always going up
There are many ways you can secure your gold if you want and at the same time people can hack and steal bitcoins. There are few incidents that people lost bitcoins in exchanges. I believe that we should not worry much about how to store but we need to consider how much these products can grow over the time. I prefer to invest in both of them and more in gold and small investment in bitcoins,
looks price bitcoin for now, both of them very good for investment..
but i still prefer with gold, because gold have real fisik and prce always going up
I think it would be more difficult gold in store for the physical form? would be easily stolen too, if you save a lot of gold? different when you save a bitcoin, no matter how much it will be easily stored and flexiblebut i still prefer with gold, because gold have real fisik and prce always going up
Since Bitcoin is still basically new and hasn't really gone mainstream yet, we are still in the early stages of it's growth. I think there is a lot of potential for Bitcoin whereas gold is already established and it is less likely to have a huge increase in value. Basically Bitcoin is riskier, but has more potential for a big increase in value.
That is right that in the future the price of bitcoin will increase much high because bitcoin is in its initial stage but as you are seeing that the demand and use of bitcoin is increasing everyday so it is not a risky currency but is a safe currency and it is proved from that last year. bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe
It depends on what your definition of safe is. If you only look at cold hard profits, then 'securing' money into gold might not even be that rewarding. If you look to use gold as hedge, then you in the same time can skip that step, and head over directly to Bitcoin since it basically offers exactly that what gold offers, but then in a modern way. I personally will always prefer Bitcoin over anything else when it comes to investing, store of value, using it as a hedge, etc.
bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe
yes that is very right to say that bitcoin can give you a very quick profit, because when the price of bitcoin start increasing then it goes very high in no time and can give you a good profit. Since Bitcoin is still basically new and hasn't really gone mainstream yet, we are still in the early stages of it's growth. I think there is a lot of potential for Bitcoin whereas gold is already established and it is less likely to have a huge increase in value. Basically Bitcoin is riskier, but has more potential for a big increase in value.
That is really true. Even its 7 year old background, we're still in the very early stages of bitcoin. It has a good potential. Then let's see what the future bring us.
bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe
Since Bitcoin is still basically new and hasn't really gone mainstream yet, we are still in the early stages of it's growth. I think there is a lot of potential for Bitcoin whereas gold is already established and it is less likely to have a huge increase in value. Basically Bitcoin is riskier, but has more potential for a big increase in value.
looks price bitcoin for now, both of them very good for investment..
but i still prefer with gold, because gold have real fisik and prce always going up
but i still prefer with gold, because gold have real fisik and prce always going up
You seem to be severely misinformed
And you may want to actually take a look at the gold price chart for the last 50 years. You will see that if we take a long enough timeframe, gold will be as volatile as any other asset out there (Bitcoin included). For example, in 2011 (if I'm not mistaken) gold reached an ATH (without adjusting for dollar inflation, i.e. in absolute values) of over 1,800 dollars per ounce, and in the next couple of years it lost well over 30% of its value. Next time check the facts
looks price bitcoin for now, both of them very good for investment..
but i still prefer with gold, because gold have real fisik and prce always going up
The price of gold is far from always going up. It's less volatile, however it does experience some decent long-term volatility in both directions. Gold used to be available for something like $1.7k/ounce, but now it's trading in the mid $1.2k if I remember the last spot value I saw correctly.but i still prefer with gold, because gold have real fisik and prce always going up
While having physical things is always a plus, Bitcoin, in today's world so far, is pretty good overall for what it is supposed to do.
looks price bitcoin for now, both of them very good for investment..
but i still prefer with gold, because gold have real fisik and prce always going up
The price of gold is far from always going up. It's less volatile, however it does experience some decent long-term volatility in both directions. Gold used to be available for something like $1.7k/ounce, but now it's trading in the mid $1.2k if I remember the last spot value I saw correctly.but i still prefer with gold, because gold have real fisik and prce always going up
While having physical things is always a plus, Bitcoin, in today's world so far, is pretty good overall for what it is supposed to do.
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