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.
For me not only gold is best long trrm investment also bitcoin because we are waiting for the increase of the price and it take more time to make profit. But i think even we have 1 bitcoin wallet our bitcoin is safe until we do not disclosed to other our private key. 
Topic: Bitcoin or gold? - page 219. (Read 984470 times)
Bitcoin for me still the best of course., when it comes to features it was really a reward for me while I'm using it. while Gold is a piece of metal that can't be use as payment in online. That's there differences 
In terms of payment via the Internet, bitcoin is certainly better, but gold is gold. During the existence of gold, several currencies simply depreciated and disappeared from circulation. Therefore, at least a small part of the savings should still be stored in gold.
Gold isn't meant to be used as online currency since you can't transfer value from one point to another via internet as is the case with Bitcoin. That's why such a comparison isn't fair from my point of view. If you purely look at gold as being an investment where only returns within a certain time frame count, then people don't see much value in gold as they constantly chase crypto-like returns. People here are too spoiled
In essence, Bitcoin is not transferred anywhere either
Some entries move along the blockchain only and essentially the same can be done with gold. In other words, you don't need to physically transfer gold anywhere. Basically, if you were to establish a monetary system based on physical gold, you would set up a chain of payment nodes (call them gold banks) which would keep physical gold and settle accounts between other payment nodes (users) along the same path how Lightning Network does with Bitcoin transfers via payment channels
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.
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 bitcoin very simple can be taken anywhere without complicated ..
while gold is very complicated to carry everywhere
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'll probably go for gold, the price of gold is high because of its scarcity, the harder to get the higher the price, bitcoin have no stability but is good for other things than gold, like its easier to transport and don't even takes much time, but we are talking about investment so gold is a wiser choice after 10 years it will become harder to find and that is the reason why it is valuable.
I pick bitcoin even gold has more higher price than bitcoin and bitcoin has no stable price. But bitcoin is much easier to get than to gold. And I've been using bitcoin to buy things that i ever wanted. That's why i pick bitcoin.
for me bitcoin is very good..
bitcoin very simple can be taken anywhere without complicated ..
while gold is very complicated to carry everywhere
yes,bitcoin, absolutely.Bitcoin has the advantages of gold without its weaknesses (hard to transport or divisibility issues etc...)and if you want the chance to get rich in the next 10 years.bitcoin very simple can be taken anywhere without complicated ..
while gold is very complicated to carry everywhere
for me bitcoin is very good..
bitcoin very simple can be taken anywhere without complicated ..
while gold is very complicated to carry everywhere
bitcoin very simple can be taken anywhere without complicated ..
while gold is very complicated to carry everywhere
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.
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.
Bitcoin for me still the best of course., when it comes to features it was really a reward for me while I'm using it. while Gold is a piece of metal that can't be use as payment in online. That's there differences
In terms of payment via the Internet, bitcoin is certainly better, but gold is gold. During the existence of gold, several currencies simply depreciated and disappeared from circulation. Therefore, at least a small part of the savings should still be stored in gold.
Gold isn't meant to be used as online currency since you can't transfer value from one point to another via internet as is the case with Bitcoin. That's why such a comparison isn't fair from my point of view. If you purely look at gold as being an investment where only returns within a certain time frame count, then people don't see much value in gold as they constantly chase crypto-like returns. People here are too spoiled.
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.
Bitcoin for me still the best of course., when it comes to features it was really a reward for me while I'm using it. while Gold is a piece of metal that can't be use as payment in online. That's there differences
In terms of payment via the Internet, bitcoin is certainly better, but gold is gold. During the existence of gold, several currencies simply depreciated and disappeared from circulation. Therefore, at least a small part of the savings should still be stored in gold.
We can say whatever we want comparing bitcoin to gold, gold is still the safest asset to invest your money. Bitcoin is still too much volatile to be considered as safe. With gold you may not make a profit but it won't make you loose money, while with bitcoin you may lose 10% in 1 day wich is a lot when yu are investing, specialy a big amount
But because of this voalatility people can get good profit and of course if there is profit, there will be some negative too mean while on gold we can not do much since the price is much more stable than bitcoin. But it still depends on each person, how they manage to do this. If they want to earn may be they should take bitcoin. If want to long term, then choose gold better7
I wouldnt say long term. I would say safest invest is gold. Bitcoin can make you much more profit then gold, even in long term, but you take more risk investing in it. Its all about risk, how much you're willing to take it.
We can say whatever we want comparing bitcoin to gold, gold is still the safest asset to invest your money. Bitcoin is still too much volatile to be considered as safe. With gold you may not make a profit but it won't make you loose money, while with bitcoin you may lose 10% in 1 day wich is a lot when yu are investing, specialy a big amount
But because of this voalatility people can get good profit and of course if there is profit, there will be some negative too mean while on gold we can not do much since the price is much more stable than bitcoin. But it still depends on each person, how they manage to do this. If they want to earn may be they should take bitcoin. If want to long term, then choose gold better7
We can say whatever we want comparing bitcoin to gold, gold is still the safest asset to invest your money. Bitcoin is still too much volatile to be considered as safe. With gold you may not make a profit but it won't make you loose money, while with bitcoin you may lose 10% in 1 day wich is a lot when yu are investing, specialy a big amount
At this point of time I will not argue even if I disagree with your opinion but rather support your idea given the problems on the upcoming Hardfork. The hardfork issue is really causing some stir and panic among the bitcoin community and that will explain the decrease in bitcoins value and the increase in DASH and Ethereums value. That showed that many of the bitcoin users are transferring to altcoins due to this fear and at this point of time it is better to stick to gold than to invest all your resources in bitcoins due to this problems.
We can say whatever we want comparing bitcoin to gold, gold is still the safest asset to invest your money. Bitcoin is still too much volatile to be considered as safe. With gold you may not make a profit but it won't make you loose money, while with bitcoin you may lose 10% in 1 day wich is a lot when yu are investing, specialy a big amount
Gold can be safest asset to invest money yes but depends on country if they're good supply of gold. Here in my country we lack of gold that's why my country men are choosing bitcoin we can do invest too and we can stock them bitcoin are price are not stable this why we depend to buy when the price is low and sell them when the price is rising. I don't lose bitcoin when you know when and to where invest them. Bitcoin for me still the best of course., when it comes to features it was really a reward for me while I'm using it. while Gold is a piece of metal that can't be use as payment in online. That's there differences
Paper gold (such as bullion-backed ETFs and eGold) can be used for online payments. And how many times have you made an online payment in Bitcoins, without using a payment processor? It is not as easy as it sounds. The confirmation time is a big concern, especially nowadays with the number of queued transactions topping 50,000 frequently. Also, gold may be a piece of metal. But for some, a physical asset is more reliable than a digital asset.
We can say whatever we want comparing bitcoin to gold, gold is still the safest asset to invest your money. Bitcoin is still too much volatile to be considered as safe. With gold you may not make a profit but it won't make you loose money, while with bitcoin you may lose 10% in 1 day wich is a lot when yu are investing, specialy a big amount
Bitcoin for me still the best of course., when it comes to features it was really a reward for me while I'm using it. while Gold is a piece of metal that can't be use as payment in online. That's there differences
This thread is about keeping your bitcoin/gold for ten years.
You can store gold for a long time without worrying too much about the price, plus gold is one of
the best way to store and save your money.
Bitcoin needs to be used constantly because of its volatility and you can use that volatility to your advantage
and make the full use of it to earn profit.
I agree with you, Gold is the number one method to hold onto money and having something to talk about later in life without much worries.
Bitcoin isn't that safe to invest in because of the really extreme volatile price movements -the price of the coin could reach zero in a matter of seconds if the right person decides on dumping his/hers coins on Bitcoin Exchanges.
I would suggest Bitcoin as an investment if you want to make fast money.
Gold is better if you want to have money in the long-run.
bitcoin price is not a Sci Fi movie to be dumped to zero if the boss dumps
you are assuming that "the right person" owns 16 million coins and the rest of us have access to the rest of remainder of coins and you are again assuming nobody is willing to buy bitcoin and the rest of the world have something like $10 in their budget to buy bitcoin!
when in fact each time your imaginary "right person" dumps there are 100 others who will buy his coins from him at a discount.
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