Bitcoin or gold? - page 214. | Bitcointalksearch.org

Yakamoto

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Quote from: barabarian1 on April 05, 2017, 03:53:33 PM

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.

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.

FasTroy

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Quote from: barabarian1 on April 05, 2017, 03:53:33 PM

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 respect your opinion, but i disagree with you. I see that bitcoin is more important than gold in a long run. so investing in bitcoin will be more great than gold.
As you said gold price is always going up, but what about bitcoin ?
The price is going up too. So for me i would invest in bitcoin than gold, as it's fantastic cryptocurrency and so trusted by peoples.

barabarian1

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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

deisik

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Quote from: richardsNY on April 04, 2017, 01:26:29 PM

Quote from: Unikol on April 04, 2017, 11:55:08 AM

For the time being the gold is more stable. But in a few years, the bitcoin will also be stable.

Gold being stable matters for some people, and Bitcoin not being stable matters to other people. It just depends on what your intentions are. If you purely look at cold hard profits in terms of percentages, then going long term Bitcoin has proven to outperform basically every type of investment. It's of course not a guarantee that it will continue to happen, but Bitcoin has far more potential than what we have seen so far. That's why my personal choice is always Bitcoin over anything

I second this approach

Bitcoin has a lot of potential which is prevented from being fulfilled by a few important but still rather minor issues. Conceptually, it is flawless as a decentralized system of payments. Only cash comes close to it, but cash has short hands, so it is out of the question completely, while Bitcoin hits exactly where cash sucks making full use of instantaneous access that Internet provides. Personally, I expect truly exponential expansion of Bitcoin once instant charge-free off-chain transactions start to get traction

Vyrez

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This is quite simple.
Ask yourself which commodity you are more likely to make money with.

Gold will relatively be at the same price range in 10 years gave or take $500.
You are also very unlikely to lose your money once invested in gold.

Bitcoin is extremely volatile and unpredictable.
The value can skyrocket, making you very rich with a sizable investment.
It can also make you go completely broke, if the market eventually decides to reject it.

richardsNY

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Quote from: Unikol on April 04, 2017, 11:55:08 AM

For the time being the gold is more stable. But in a few years, the bitcoin will also be stable.

Gold being stable matters for some people, and Bitcoin not being stable matters to other people. It just depends on what your intentions are. If you purely look at cold hard profits in terms of percentages, then going long term Bitcoin has proven to outperform basically every type of investment. It's of course not a guarantee that it will continue to happen, but Bitcoin has far more potential than what we have seen so far. That's why my personal choice is always Bitcoin over anything.

Unikol

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Quote from: asriloni on April 04, 2017, 10:16:30 AM

Quote from: grandy on April 03, 2017, 01:48:33 PM

Quote from: klf on April 02, 2017, 11:10:59 PM

Quote from: Cactushrt on April 02, 2017, 10:37:38 PM

Quote from: mhd japar siregar on April 01, 2017, 01:42:11 PM

I know, that a normal person would choose the gold from the bitcoin, perhaps because they do not know how to unleash the potential bitcoin. but, for those who know it, I am sure, they prefer to take a bitcoin, rather than gold if the same amount.

Those who don't know about bitcoin would probabaly choose gold of course but if they have an idea about bitcoin they will bitcoin over gold because we all know bitcoins are not stable and higher chancr of increasing it's price.

I know both of them, but still, I prefer to invest more in gold than bitcoins. Because bitcoin prices not only moves faster in upward directly but it can also come down even faster. So I prefer to diversify your funds and want to be safer side. It is not a good thing to keep all your funds in any single product so try to diversify and put in different asset classes.

but i will never like to invest in gold i will like to use bitcoin for trading and investment, as we can expect more and more changes in the price of bitcoin. therefore there are more chances that trading bitcoin will give us more income.

And more lose at the same time, The gold is really friendly for those who are want to keep his money on the stable commodity and as you can see the gold still have a lot of the users, This is a fact.

For the time being the gold is more stable. But in a few years, the bitcoin will also be stable.

asriloni

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Quote from: grandy on April 03, 2017, 01:48:33 PM

Quote from: klf on April 02, 2017, 11:10:59 PM

Quote from: Cactushrt on April 02, 2017, 10:37:38 PM

Quote from: mhd japar siregar on April 01, 2017, 01:42:11 PM

I know, that a normal person would choose the gold from the bitcoin, perhaps because they do not know how to unleash the potential bitcoin. but, for those who know it, I am sure, they prefer to take a bitcoin, rather than gold if the same amount.

Those who don't know about bitcoin would probabaly choose gold of course but if they have an idea about bitcoin they will bitcoin over gold because we all know bitcoins are not stable and higher chancr of increasing it's price.

I know both of them, but still, I prefer to invest more in gold than bitcoins. Because bitcoin prices not only moves faster in upward directly but it can also come down even faster. So I prefer to diversify your funds and want to be safer side. It is not a good thing to keep all your funds in any single product so try to diversify and put in different asset classes.

but i will never like to invest in gold i will like to use bitcoin for trading and investment, as we can expect more and more changes in the price of bitcoin. therefore there are more chances that trading bitcoin will give us more income.

And more lose at the same time, The gold is really friendly for those who are want to keep his money on the stable commodity and as you can see the gold still have a lot of the users, This is a fact.

cinchin

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Quote from: blackhawkeye1912 on April 03, 2017, 06:52:50 PM

Quote from: deisik on April 02, 2017, 11:03:13 PM

Quote from: cinchin on April 02, 2017, 09:57:51 PM

- However if you want a well-off life, you should choose gold because it is safe and if you want to have a rich life, you should choose Bitcoin because its profit is enormous

And how is a well-off life different from a rich life?

Apart from that, just choosing gold over Bitcoin (or anything, for the record) won't make you better off. Gold is essentially used to keep your wealth but it can't multiply it in any way. In fact, for the last 40 years gold has been underperfoming and couldn't even surpass dollar inflation (if we evaluate gold appreciation over time in dollar terms). In other words, if you want a well-off life with gold, you should already have such a life before you start buying gold. Buying gold is meaningless unless you are already rich beyond the point of satisfying your basic needs and necessities

Seems that you have a big point on this matters, I do agreed with you with this things. Gold is for only people who are wealthy or can't afford type. Buying gold for a typical person like me is not practical. Unlike in bitcoin anyone can do avail it, and what good about in bitcoin you can have it at any amount you can afford to buy it. Compare to Gold its very limited and Gold was a luxury which is occur only for the rich people.

- "a well-off life" that means you can afford to pay for food, shopping, spending, etc. the physical and mental requirements of you will better than the normal life but the amount of your spending is still limited. "rich life" is the life that you can buy anything you like, you have many passive income sources and you do not care about work
- I just say gold is safe and you can be profitable in the long run. Buying gold is a long term investment, here we choose to invest in gold or bitcoin? We are talking about the future not the present

danherbias07

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Quote from: ?? on ??

One question is: does the high volatility makes it a more fragile and vulnerable bitcoin? It is in any case of unfavorable characteristics. As for the gold and the silver, the negative returns of the bitcoin are more frequent than positive returns. it knows too much variations than other financial traditional assets. This isn't a shelter asset either: it does not progress particularly when stock markets are failling at extreme. If the bitcoin is correlated with no financial assets, this suggests that markets have little impact and influence on it.

Although it will affect a little. If you think of other people who are invested in different commodities. If that market fails how can they afford to get bitcoin if they know they were losing on the other side.
Those who are invested in just bitcoin wont feel it but let is think of other people too. Bitcoin cannot go up without someone buying it. It will stay on one price.

DoublerHunter

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Quote from: roadbits on April 04, 2017, 04:56:44 AM

Quote from: The_prodigy on April 04, 2017, 02:50:55 AM

Quote from: delliaerd on March 25, 2017, 07:17:31 PM

Quote from: axorb on March 25, 2017, 06:43:16 PM

Quote from: The_prodigy on March 25, 2017, 03:47:32 PM

Ever since gold will be a good investment when gold are in demand in your country but when it is not in demand it is very hard to buy and sell gold since my country are not that rich on gold. That's why we are using bitcoin here and bank are already considered bitcoin as our secondary currency on internet. In terms of payment we can use it to pay bills and other pheriperals.

People who are not yet aware about bitcoins will prefer to invest in gold as that is the only choice they see for making an long term investment but if they come across through bitcoins and the benefits attached with it then I am sure they will start investing part of their wealth in bitcoins but its never easy to convince people to use bitcoins especially when its totally new to them.

I couldn't agree more with you, For those who do not know they would worry if invest their money in Bitcoin. because they doubt Do Bitcoin can give them a profit or even losing their money precisely?
And if they know that bitcoin is very profitable as investment they will not want to be separated from the bitcoin.

I wanted to say people or country that has don't enough gold how they going to invest it? Bitcoin is anywhere you can just easily buy it from website or people who using bitcoin with in your country easily to use and to invest it is a part of investment that you need to risk to earn. if they don't want to separate then focus on one simple as that.

Yes it is easy to buy Bitcoin anywhere in the world, and we can easily invest bitcoin and make profit, but the main problem is it is not famous for gold, I don't know in another country, but in my country still 70 to 80% people don't know what is Bitcoin, but they know gold. It is a universal asset. That is why people like to do invest in gold.

Yes that is one of the factor why other people invest in gold rather than in bitcoin it is famous and they knew it already even though they didn't try it because anywhere you can find gold like in jewelries etc. But if you want a faster generating profit investment then bitcoin will be the best and those people who didn't know bitcoin just need some sort explanation or orientation so they will become open minded for this kind of investment.

roadbits

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Quote from: The_prodigy on April 04, 2017, 02:50:55 AM

Quote from: delliaerd on March 25, 2017, 07:17:31 PM

Quote from: axorb on March 25, 2017, 06:43:16 PM

Quote from: The_prodigy on March 25, 2017, 03:47:32 PM

Ever since gold will be a good investment when gold are in demand in your country but when it is not in demand it is very hard to buy and sell gold since my country are not that rich on gold. That's why we are using bitcoin here and bank are already considered bitcoin as our secondary currency on internet. In terms of payment we can use it to pay bills and other pheriperals.

People who are not yet aware about bitcoins will prefer to invest in gold as that is the only choice they see for making an long term investment but if they come across through bitcoins and the benefits attached with it then I am sure they will start investing part of their wealth in bitcoins but its never easy to convince people to use bitcoins especially when its totally new to them.

I couldn't agree more with you, For those who do not know they would worry if invest their money in Bitcoin. because they doubt Do Bitcoin can give them a profit or even losing their money precisely?
And if they know that bitcoin is very profitable as investment they will not want to be separated from the bitcoin.

I wanted to say people or country that has don't enough gold how they going to invest it? Bitcoin is anywhere you can just easily buy it from website or people who using bitcoin with in your country easily to use and to invest it is a part of investment that you need to risk to earn. if they don't want to separate then focus on one simple as that.

Yes it is easy to buy Bitcoin anywhere in the world, and we can easily invest bitcoin and make profit, but the main problem is it is not famous for gold, I don't know in another country, but in my country still 70 to 80% people don't know what is Bitcoin, but they know gold. It is a universal asset. That is why people like to do invest in gold.

The_prodigy

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Quote from: delliaerd on March 25, 2017, 07:17:31 PM

Quote from: axorb on March 25, 2017, 06:43:16 PM

Quote from: The_prodigy on March 25, 2017, 03:47:32 PM

Ever since gold will be a good investment when gold are in demand in your country but when it is not in demand it is very hard to buy and sell gold since my country are not that rich on gold. That's why we are using bitcoin here and bank are already considered bitcoin as our secondary currency on internet. In terms of payment we can use it to pay bills and other pheriperals.

People who are not yet aware about bitcoins will prefer to invest in gold as that is the only choice they see for making an long term investment but if they come across through bitcoins and the benefits attached with it then I am sure they will start investing part of their wealth in bitcoins but its never easy to convince people to use bitcoins especially when its totally new to them.

I couldn't agree more with you, For those who do not know they would worry if invest their money in Bitcoin. because they doubt Do Bitcoin can give them a profit or even losing their money precisely?
And if they know that bitcoin is very profitable as investment they will not want to be separated from the bitcoin.

I wanted to say people or country that has don't enough gold how they going to invest it? Bitcoin is anywhere you can just easily buy it from website or people who using bitcoin with in your country easily to use and to invest it is a part of investment that you need to risk to earn. if they don't want to separate then focus on one simple as that.

jeen5

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i think; the future of virtual currency that is seen as a safe harbor: BTCBITCOIN (1.146$)

From 04/04/2017

the memorization of the past and ongoing court spot with the Safe Harbor: GOLD (1.257$)

The Fed's interest increasing
In Europe political fluctuations,
-BTC the volatility in the market,
-Investors all over the world interest in or under your pillow etc.. Wink

Yes all these in the short and medium term, these two instruments began to get into formation will begin to move up say.. in fact..

gold/oz : 1300$,
BTC : 1500$ get a wink of the eye to the target..

You get plenty of coin..

upsidedown75

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Quote from: andrew24p on April 03, 2017, 03:33:04 PM

I dont like gold because its not finite in a way that we know, like bitcoin is. Last week they just found a massive mine in China which will be pumping gold out like crazy now. Not to mention that everytime the price of gold goes up, a bunch of miners start up operations again until the price gets pushed back down and they become unprofitable again.

Unlike the bitcoin, gold has a constant demand because it is being used for various kind of stuff like jewelry and even for people saving.

This constant demand creates a motivation for all people to get it so that demand is constantly being satisfied, which leads to the price being kind of stable, but bitcoin there is always demand and so little supply so always the price is constantly changing.

FlightyPouch

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Quote from: andrew24p on April 03, 2017, 03:33:04 PM

I dont like gold because its not finite in a way that we know, like bitcoin is. Last week they just found a massive mine in China which will be pumping gold out like crazy now. Not to mention that everytime the price of gold goes up, a bunch of miners start up operations again until the price gets pushed back down and they become unprofitable again.

Bitcoin is finite, dont like gold. Gold is a natural resource that is why it can be formed underneath us without us knowing it, so that means there are infinite gold that can be mined, but the one who will suffer all of that is us humans. There may be an infinite number of gold but while they are mining, thinking about their money, they are ruining our earth and that will really take a toll on us, I agree with you liking bitcoin much than gold, I may be voting gold as a good asset, but in these terms, I dont like it.

blackhawkeye1912

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Quote from: deisik on April 02, 2017, 11:03:13 PM

Quote from: cinchin on April 02, 2017, 09:57:51 PM

- However if you want a well-off life, you should choose gold because it is safe and if you want to have a rich life, you should choose Bitcoin because its profit is enormous

And how is a well-off life different from a rich life?

Apart from that, just choosing gold over Bitcoin (or anything, for the record) won't make you better off. Gold is essentially used to keep your wealth but it can't multiply it in any way. In fact, for the last 40 years gold has been underperfoming and couldn't even surpass dollar inflation (if we evaluate gold appreciation over time in dollar terms). In other words, if you want a well-off life with gold, you should already have such a life before you start buying gold. Buying gold is meaningless unless you are already rich beyond the point of satisfying your basic needs and necessities

Seems that you have a big point on this matters, I do agreed with you with this things. Gold is for only people who are wealthy or can't afford type. Buying gold for a typical person like me is not practical. Unlike in bitcoin anyone can do avail it, and what good about in bitcoin you can have it at any amount you can afford to buy it. Compare to Gold its very limited and Gold was a luxury which is occur only for the rich people.

andrew24p

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I dont like gold because its not finite in a way that we know, like bitcoin is. Last week they just found a massive mine in China which will be pumping gold out like crazy now. Not to mention that everytime the price of gold goes up, a bunch of miners start up operations again until the price gets pushed back down and they become unprofitable again.

grandy

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Quote from: klf on April 02, 2017, 11:10:59 PM

Quote from: Cactushrt on April 02, 2017, 10:37:38 PM

Quote from: mhd japar siregar on April 01, 2017, 01:42:11 PM

I know, that a normal person would choose the gold from the bitcoin, perhaps because they do not know how to unleash the potential bitcoin. but, for those who know it, I am sure, they prefer to take a bitcoin, rather than gold if the same amount.

Those who don't know about bitcoin would probabaly choose gold of course but if they have an idea about bitcoin they will bitcoin over gold because we all know bitcoins are not stable and higher chancr of increasing it's price.

I know both of them, but still, I prefer to invest more in gold than bitcoins. Because bitcoin prices not only moves faster in upward directly but it can also come down even faster. So I prefer to diversify your funds and want to be safer side. It is not a good thing to keep all your funds in any single product so try to diversify and put in different asset classes.

but i will never like to invest in gold i will like to use bitcoin for trading and investment, as we can expect more and more changes in the price of bitcoin. therefore there are more chances that trading bitcoin will give us more income.

Ronxawala

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Quote from: Rinder on April 03, 2017, 01:01:34 PM

At the current stage and with the possible split of bitcoin i would choose gold to keep my money safe, even knowing bitcoin has much more potencial then gold, but a split now will affect the value of bitcoin, soo as investor i would or wait the split or try gold.

I also tend to gold more. Gold is more stable, but also bitcoin has good prospects. I invest in gold 70% and 30% in bitcoin. I hope that bitcoin will grow by the end of the year and bring profit much more than gold.

Topic: Bitcoin or gold? - page 214. (Read 984457 times)