Bitcoin or gold? - page 218. | Bitcointalksearch.org

LeGaulois

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Quote from: jamesmarkx on March 27, 2017, 06:51:58 AM

bitcoin because bitcoin has already surpassed gold in value this year. common sense

Very stupid sense then. The fact bitcoin has surpassed gold in value this year doesn't make it better. Maybe you don't know but we are talking about investing in gold or bitcoin. And because something has a higher value than something else doesn't mean it is better

jamesmarkx

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bitcoin because bitcoin has already surpassed gold in value this year. common sense

zeaderza

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Quote from: bitbob82 on March 26, 2017, 05:41:12 PM

Quote from: StefanReed on March 26, 2017, 01:37:26 PM

I prefer gold. It is not only possible to hold in hands, but you always know that you will not remain without money. It always has a residual value. Bitcoin can disappear and you will remain penniless.

but i think i present time it is very difficult to keep safe your gold as security is a big issue in present time. therefore i think you have a good option to invest your money in bitcoin where you money will be more safe and will even give you a good profit if the price of bitcoin goes up.

I think it depends on your priority if you are for the long term and don’t care about checking markets all day you can play it safe and go for the gold.

Because it is the oldest and the most popular investment that everyone in the world know it, but if you are in it for the short term you can go for the bitcoin and crypto currency I, general since it is the new thing.

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Quote from: StefanReed on March 26, 2017, 01:37:26 PM

I prefer gold. It is not only possible to hold in hands, but you always know that you will not remain without money. It always has a residual value. Bitcoin can disappear and you will remain penniless.

Every asset has its own advantages and disadvantages. With gold also, there is a very very small chance that it will become worthless almost overnight. Imagine a scenario in which a very large meteorite full of gold striking the earth. There will be so much gold that the price will crash to near-zero levels within a few hours.

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Quote from: StefanReed on March 26, 2017, 01:37:26 PM

I prefer gold. It is not only possible to hold in hands, but you always know that you will not remain without money. It always has a residual value. Bitcoin can disappear and you will remain penniless.

but i think i present time it is very difficult to keep safe your gold as security is a big issue in present time. therefore i think you have a good option to invest your money in bitcoin where you money will be more safe and will even give you a good profit if the price of bitcoin goes up.

qiwoman

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Quote from: StefanReed on March 26, 2017, 01:37:26 PM

I prefer gold. It is not only possible to hold in hands, but you always know that you will not remain without money. It always has a residual value. Bitcoin can disappear and you will remain penniless.

Thanks for sharing the negativity which you have in your mind about bitcoin and i respect your opinion but please look at the history of bitcoin this is the first crypto currency which is widely used and also bitcoin is not like altcoin, DASH or ETH which is based on algorithms copied from bitcoin and bitcoin is there for years so bitcoin will never disappear it will only excel and grow.

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I prefer gold. It is not only possible to hold in hands, but you always know that you will not remain without money. It always has a residual value. Bitcoin can disappear and you will remain penniless.

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Quote from: Mario274 on March 26, 2017, 12:37:25 PM

Quote from: taxmanmt5 on March 26, 2017, 11:21:34 AM

Quote from: rokkiBalboa on March 26, 2017, 11:10:37 AM

Quote from: Text on March 26, 2017, 05:22:13 AM

It is also risky to store your big amount of bitcoin in one place, it is hard as storing a lot of gold. Hackers and scammers may find way to steal it. Gold is the best for long term investment as we can see on the price chart, its value is increasing as year goes by.

Right. To keep everything in one place is too risky. I'm already afraid to even go to some unknown site once again so that scammers can not steal my passwords. In this, gold takes advantage.

Well if you think in the prospect of Gold and Dollar, then one thing is for sure none of them is 100% safe. Bitcoin can be stolen online while Gold can be stolen physically. So for me bitcoin is more safe, if we have many different wallets.

Yet if the gold is in ingots and a safe place, then the risk of theft is minimal. Bitcoin is more susceptible to fraudulent operations and theft.

You can think about more real things, but this is what unlike bitcoin, gold can be touched, and bitcoin can not be put in your pocket. The comparison is certainly not very serious, but nevertheless it is clear without words that gold is much more reliable.

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Quote from: Mario274 on March 26, 2017, 12:37:25 PM

Quote from: taxmanmt5 on March 26, 2017, 11:21:34 AM

Quote from: rokkiBalboa on March 26, 2017, 11:10:37 AM

Quote from: Text on March 26, 2017, 05:22:13 AM

It is also risky to store your big amount of bitcoin in one place, it is hard as storing a lot of gold. Hackers and scammers may find way to steal it. Gold is the best for long term investment as we can see on the price chart, its value is increasing as year goes by.

Right. To keep everything in one place is too risky. I'm already afraid to even go to some unknown site once again so that scammers can not steal my passwords. In this, gold takes advantage.

Well if you think in the prospect of Gold and Dollar, then one thing is for sure none of them is 100% safe. Bitcoin can be stolen online while Gold can be stolen physically. So for me bitcoin is more safe, if we have many different wallets.

Yet if the gold is in ingots and a safe place, then the risk of theft is minimal. Bitcoin is more susceptible to fraudulent operations and theft.

Could you justify that?

Bitcoin is way, way more securer than gold. No one can crack off the paper wallets if you make them safely and store it as a page any where.

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Quote from: taxmanmt5 on March 26, 2017, 11:21:34 AM

Quote from: rokkiBalboa on March 26, 2017, 11:10:37 AM

Quote from: Text on March 26, 2017, 05:22:13 AM

It is also risky to store your big amount of bitcoin in one place, it is hard as storing a lot of gold. Hackers and scammers may find way to steal it. Gold is the best for long term investment as we can see on the price chart, its value is increasing as year goes by.

Right. To keep everything in one place is too risky. I'm already afraid to even go to some unknown site once again so that scammers can not steal my passwords. In this, gold takes advantage.

Well if you think in the prospect of Gold and Dollar, then one thing is for sure none of them is 100% safe. Bitcoin can be stolen online while Gold can be stolen physically. So for me bitcoin is more safe, if we have many different wallets.

Yet if the gold is in ingots and a safe place, then the risk of theft is minimal. Bitcoin is more susceptible to fraudulent operations and theft.

taxmanmt5

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Quote from: rokkiBalboa on March 26, 2017, 11:10:37 AM

Quote from: Text on March 26, 2017, 05:22:13 AM

It is also risky to store your big amount of bitcoin in one place, it is hard as storing a lot of gold. Hackers and scammers may find way to steal it. Gold is the best for long term investment as we can see on the price chart, its value is increasing as year goes by.

Right. To keep everything in one place is too risky. I'm already afraid to even go to some unknown site once again so that scammers can not steal my passwords. In this, gold takes advantage.

Well if you think in the prospect of Gold and Dollar, then one thing is for sure none of them is 100% safe. Bitcoin can be stolen online while Gold can be stolen physically. So for me bitcoin is more safe, if we have many different wallets.

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Quote from: Text on March 26, 2017, 05:22:13 AM

It is also risky to store your big amount of bitcoin in one place, it is hard as storing a lot of gold. Hackers and scammers may find way to steal it. Gold is the best for long term investment as we can see on the price chart, its value is increasing as year goes by.

Right. To keep everything in one place is too risky. I'm already afraid to even go to some unknown site once again so that scammers can not steal my passwords. In this, gold takes advantage.

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Quote from: VanDeinsberg12 on March 26, 2017, 09:57:08 AM

Quote from: cryptocrypt on March 26, 2017, 09:10:39 AM

If I were to choose between gold and bitcoin, then of course I would definitely choose bitcoin. Why? Because for me bitcoin investments more profitable than gold, for the short and long term, the bitcoin is the winner.

I don't think so, it likes a gambling. because the people are too late for investing on the bitcoin at the price of the bitcoin on the high price will be lost a lot of his money. Gold is stable commodity and good longterm investment

It's never to late to buy Bitcoin. Don't forget it can be traded 24/7 and the price goes up and down every hour of the day. You can buy 1 bitcoin for 1000$ then some hours later sell it when you see the price at 1050$. 50$ profit. Buy again and repeat.

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Quote from: cryptocrypt on March 26, 2017, 09:10:39 AM

If I were to choose between gold and bitcoin, then of course I would definitely choose bitcoin. Why? Because for me bitcoin investments more profitable than gold, for the short and long term, the bitcoin is the winner.

I don't think so, it likes a gambling. because the people are too late for investing on the bitcoin at the price of the bitcoin on the high price will be lost a lot of his money. Gold is stable commodity and good longterm investment

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Quote from: Sierra82fit on March 26, 2017, 08:30:07 AM

Bravo, very easily explained. And I would have added that the difference between bitcoin and gold is that bitcoin is practically a wind in hands, and gold is material. And even if there is no Internet and electricity in the world or the country, then the owner of gold will feel happier and calmer.

It is true that you don't need internet and electricity to trade your gold. At the same time, even if you don't have these, then no one is going to steal your Bitcoins. Your coins will be in your wallet, and no one can take them. You just need a few KBs of bandwidth to trade them in the future.

cryptocrypt

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If I were to choose between gold and bitcoin, then of course I would definitely choose bitcoin. Why? Because for me bitcoin investments more profitable than gold, for the short and long term, the bitcoin is the winner.

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For safest and reliable folks Gold is THE option, whereas bitcoin is for risk-takers. Bitcoin may rise again from this segwit and hard fork war. At this stage, move bitcoins to gold if safety is what you are looking for. Or buy more bitcoins if you think this is great chance to buy bitcoins at lowest rate.

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Quote from: Text on March 26, 2017, 05:22:13 AM

It is also risky to store your big amount of bitcoin in one place, it is hard as storing a lot of gold. Hackers and scammers may find way to steal it. Gold is the best for long term investment as we can see on the price chart, its value is increasing as year goes by.

Where you usually store your bitcoin? Keep eye on that always it is your responsibility on that gold here is really hard to find seller or buyer it took you a month before find one and then you will invest that , that no good return of value im always preffered to use bitcoin. Good as physical money.

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Quote from: LeGaulois on March 26, 2017, 08:18:46 AM

Quote from: NEWGOODOUBLE on March 26, 2017, 02:12:46 AM

Quote from: barabarian1 on March 25, 2017, 09:46:24 PM

for me bitcoin is very good..
bitcoin very simple can be taken anywhere without complicated ..
while gold is very complicated to carry everywhere

for gold in physical form and if you have lots of gold surely you will find it hard to keep it. different from the bitcoin as a digital form but gold would be safe for investment because it does not fluctuate

No sane person with "lot of gold" is crazy to keep the gold at home under the bed. If you didn't know people rent a vault in banks,BullionVault ect and they keep their gold there. They do have an insurance included in case the bank is attacked ect. So it's really not hard to keep your gold. Really rare the people keeping gold at home and if it is, it usually for small amount

Bravo, very easily explained. And I would have added that the difference between bitcoin and gold is that bitcoin is practically a wind in hands, and gold is material. And even if there is no Internet and electricity in the world or the country, then the owner of gold will feel happier and calmer.

LeGaulois

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Quote from: NEWGOODOUBLE on March 26, 2017, 02:12:46 AM

Quote from: barabarian1 on March 25, 2017, 09:46:24 PM

for me bitcoin is very good..
bitcoin very simple can be taken anywhere without complicated ..
while gold is very complicated to carry everywhere

for gold in physical form and if you have lots of gold surely you will find it hard to keep it. different from the bitcoin as a digital form but gold would be safe for investment because it does not fluctuate

No sane person with "lot of gold" is crazy to keep the gold at home under the bed. If you didn't know people rent a vault in banks,BullionVault ect and they keep their gold there. They do have an insurance included in case the bank is attacked ect. So it's really not hard to keep your gold. Really rare the people keeping gold at home and if it is, it usually for small amount

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