Bitcoin or gold? - page 220. | Bitcointalksearch.org

Winner

legendary

Activity: 1190

Merit: 1000

Look ARROUND!

Quote from: acroman08 on March 23, 2017, 04:46:06 AM

Quote from: kidoseagle0312 on March 23, 2017, 03:54:53 AM

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.

Mr.grin

legendary

Activity: 1218

Merit: 1000

Quote from: kidoseagle0312 on March 23, 2017, 03:54:53 AM

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 time, bitcoin be the most popular, and it becomes an important thing in my life. Well, gold may be very good, but for people like me, it is very difficult to get the gold. so, in my opinion, bitcoin is still much better than gold.

Konthol Ngaceng

sr. member

Activity: 646

Merit: 252

I agree that the current bitcoin baiik is more than gold, it is due within 1 year of the bitcoin can generate a profit of more than 100% and gold not more than 5% a year.

acroman08

legendary

Activity: 2436

Merit: 1104

Quote from: kidoseagle0312 on March 23, 2017, 03:54:53 AM

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.

ilovefeetsmell

hero member

Activity: 686

Merit: 510

Quote from: brendanjhwu on June 16, 2015, 07:15:52 PM

I would have to say gold hands down.

Gold has dropped, since the 70s... but, haha BTC went from less then a dollar to 1200 to 600 to 200 in only a matter of less then 5 years.

Let’s take for granted that Gold is the most valuable and important substance in the world, just based on the stockpile, and globally favorable reception alone. People and government love Gold because you can hold it, you can see it, you can do whatever you want to do with it like coins, jewelries and lot more while bitcoin cannot be seen or hold either. It can be moved anywhere in the world with just your mind. It cannot be taken by a thief because they do not know whether you'll have a bitcoin or doesn;t have anymore. Only online hacker can beat up your security. Government couldn't control the bitcoin or even the banks while Gold can be controlled.

kidoseagle0312

hero member

Activity: 1092

Merit: 500

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

Sithara007

legendary

Activity: 3346

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

Quote from: Oggy1987 on March 22, 2017, 07:26:52 AM

Quote from: Japan_peopleffs on March 19, 2017, 05:02:48 AM

Bitcoin - an advantageous investment, but if you compare with gold, it's a controversial issue. Gold can be sold anywhere, and bitcoin without the Internet can not be sold. As a tool for short-term speculation bitcoin is very interesting.

You have to realise that shutting down internet in whole world is not that easy. If your nick is correct and you live in Japan, I wouldnt be scared of that outcome, could be last place on earth to have internet Wink

There is always the option of starting a "raw" transaction without the internet. I think that there is some method to broadcast it without the internet connection. But then again, the person who is receiving the coins need to have a net connection, in order to confirm the transaction.

Oggy1987

full member

Activity: 126

Merit: 100

Quote from: Japan_peopleffs on March 19, 2017, 05:02:48 AM

Bitcoin - an advantageous investment, but if you compare with gold, it's a controversial issue. Gold can be sold anywhere, and bitcoin without the Internet can not be sold. As a tool for short-term speculation bitcoin is very interesting.

You have to realise that shutting down internet in whole world is not that easy. If your nick is correct and you live in Japan, I wouldnt be scared of that outcome, could be last place on earth to have internet Wink

phr0stbyt3

hero member

Activity: 672

Merit: 500

Quote from: Japan_peopleffs on March 19, 2017, 05:02:48 AM

Bitcoin - an advantageous investment, but if you compare with gold, it's a controversial issue. Gold can be sold anywhere, and bitcoin without the Internet can not be sold. As a tool for short-term speculation bitcoin is very interesting.

Seriously did you just tell gold is better because to sell bitcoin we need internet!!!
You may have invested in stock market when selling them at profit converting to cash took some time right , bitcoin is also trying to build a ground in many countries. Just wait it will be really easy to convert.

Sithara007

legendary

Activity: 3346

Merit: 1352

Leading Crypto Sports Betting & Casino Platform

Quote from: X-ray on March 20, 2017, 09:15:21 PM

No, the gold is having a limited supply. because the gold is a commodity. The community take the valuable of the gold from his beauty. It's different with the bitcoin caused by the bitcoin. because a lot of the people are taking the value of the bitcoin from the usefulness of the bitcoin itself. You can't compare the bitcoin and the gold in this time.

Measuring the supply of gold is extremely difficult. As the gold prices rise, more and more gold deposits will become economically feasible for mining. At the same time, many of the active mines will cease to be economically viable, if the gold prices drop.

RoommateAgreement

hero member

Activity: 770

Merit: 500

Bazinga!

Quote from: X-ray on March 20, 2017, 09:15:21 PM

Quote from: thefaucetrunner on March 17, 2017, 03:28:50 PM

Quote from: Ron~Popeil on March 17, 2017, 03:10:05 PM

Quote from: mastermold on March 17, 2017, 10:32:43 AM

Bitcoin - gold will hold its purchase value if something goes wrong with the US dollar, while bit coin will skyrocket if something goes wrong with the US dollar.

Bitcoin will probably skyrocket and gold will hold steady even if things are fine in the US due to everybody already knowing about gold, and adoption of bit coin driving prices.

Both are good at there own way, but btc price goes much higher than the gold, reason why people trust gold it is existing from the centuries and changing the mindset of the people are not so easy, As we all know btc is decentralized so becoming much popular among the public is difficult but still we can say that it will become the best option for the btc users.

The supply of gold is not limited so it will never go to extreme high level in future but the bitcoins are very limited and that makes it unique as when demand will get higher in future it will have huge impact on the higher price of bitcoin and if people understand this then they will start investing in bitcoins.

No, the gold is having a limited supply. because the gold is a commodity. The community take the valuable of the gold from his beauty. It's different with the bitcoin caused by the bitcoin. because a lot of the people are taking the value of the bitcoin from the usefulness of the bitcoin itself. You can't compare the bitcoin and the gold in this time.

gold has no beauty! it is a rough yellow metal.
it is shaped into a beautiful thing.

and gold takes its price from its usefulness and limited supply. it is used as a jwelery, it is used because of its conductivity in electrical stuff which need that, it is also used in many other parts of science like the cancer pills transmiting the drug to the cells. and a lot more.

bitcoin is the same too, it takes the value from usefulness and limited supply. you can use it as investment or transferring money either just a simple money transfer to someone you know or small purchases with it.

X-ray

hero member

Activity: 3038

Merit: 526

Leading Crypto Sports Betting & Casino Platform

Quote from: thefaucetrunner on March 17, 2017, 03:28:50 PM

Quote from: Ron~Popeil on March 17, 2017, 03:10:05 PM

Quote from: mastermold on March 17, 2017, 10:32:43 AM

Bitcoin - gold will hold its purchase value if something goes wrong with the US dollar, while bit coin will skyrocket if something goes wrong with the US dollar.

Bitcoin will probably skyrocket and gold will hold steady even if things are fine in the US due to everybody already knowing about gold, and adoption of bit coin driving prices.

Both are good at there own way, but btc price goes much higher than the gold, reason why people trust gold it is existing from the centuries and changing the mindset of the people are not so easy, As we all know btc is decentralized so becoming much popular among the public is difficult but still we can say that it will become the best option for the btc users.

The supply of gold is not limited so it will never go to extreme high level in future but the bitcoins are very limited and that makes it unique as when demand will get higher in future it will have huge impact on the higher price of bitcoin and if people understand this then they will start investing in bitcoins.

No, the gold is having a limited supply. because the gold is a commodity. The community take the valuable of the gold from his beauty. It's different with the bitcoin caused by the bitcoin. because a lot of the people are taking the value of the bitcoin from the usefulness of the bitcoin itself. You can't compare the bitcoin and the gold in this time.

sobsitesearch

sr. member

Activity: 406

Merit: 250

Quote from: Bitcoin0916 on March 20, 2017, 08:27:49 PM

Quote from: yellow1 on March 20, 2017, 07:42:29 PM

Both of them because bitcoin easier to invest quickly and immediately even if a short period only .,,so we go with bitcoin now to collect,save,and invest so that were not wasting our time..,,and then we buy gold and better to keep aside it so that after a years someday his value is increase and high..That is a good idea for investment a gold and bitcoin..

I think depending on the objective to be achieved, if the short and medium term of course we can choose the bitcoin, but if long-term we choose gold. If I had to choose I would choose gold because anyone and countries could be accepted and unnecessary exchanger.

And also it depends on the capacity of individuals because gold is required much higher amount of investment to earn good profit while in bitcoin all people have freedom to invest even small amount and also they can earn by working in bitcoin while in gold can not that is why for me much better to invest in bitcoin than gold.

Bitcoin0916

full member

Activity: 238

Merit: 100

Quote from: yellow1 on March 20, 2017, 07:42:29 PM

Both of them because bitcoin easier to invest quickly and immediately even if a short period only .,,so we go with bitcoin now to collect,save,and invest so that were not wasting our time..,,and then we buy gold and better to keep aside it so that after a years someday his value is increase and high..That is a good idea for investment a gold and bitcoin..

I think depending on the objective to be achieved, if the short and medium term of course we can choose the bitcoin, but if long-term we choose gold. If I had to choose I would choose gold because anyone and countries could be accepted and unnecessary exchanger.

yellow1

full member

Activity: 182

Merit: 100

Both of them because bitcoin easier to invest quickly and immediately even if a short period only .,,so we go with bitcoin now to collect,save,and invest so that were not wasting our time..,,and then we buy gold and better to keep aside it so that after a years someday his value is increase and high..That is a good idea for investment a gold and bitcoin..

nethan1btc

sr. member

Activity: 574

Merit: 250

Quote from: TimeManLove on March 20, 2017, 07:47:29 AM

Quote from: dmamigo on March 17, 2017, 12:00:16 PM

Quote from: richardsNY on March 17, 2017, 11:30:24 AM

Quote from: mastermold on March 17, 2017, 10:32:43 AM

Bitcoin - gold will hold its purchase value if something goes wrong with the US dollar, while bit coin will skyrocket if something goes wrong with the US dollar.

If something is ever going to happen with the US dollar, then gold will obviously become the main form of hedge/currency that people will fall back to. Bitcoin on the other hand might surely gain value, but what's this gain worth when the US dollar for whatever reason becomes worthless? Nothing I believe. Gold will always remain the preferred solution for the majority of the people. This will most likely never change.

Exactly, majority prefers Gold than Bitcoin, mostly because they are unable to believe the potential of Bitcoin or unknown to it. But I think it have a possibility of changing and both may be equivalent in importance among peoples. At the moment people believe Gold more than Bitcoin, but profit hunters will stick with Bitcoins.

Bitcoin is better to invest for short-term investments, because it is less predictable. Gold can always be sold in real life, so they choose it more often.

Yes that's right gold can be sold anytime if you have it, but if you invest it personally it's hard to have it directly because it's much expensive compared to bitcoin nowadays. Bitcoin can be earned without any monetary investments like in gold, you can invest like joining free micro jobs from btc talk or at faucets earning free satoshis.

TimeManLove

newbie

Activity: 36

Merit: 0

Quote from: dmamigo on March 17, 2017, 12:00:16 PM

Quote from: richardsNY on March 17, 2017, 11:30:24 AM

Quote from: mastermold on March 17, 2017, 10:32:43 AM

Bitcoin - gold will hold its purchase value if something goes wrong with the US dollar, while bit coin will skyrocket if something goes wrong with the US dollar.

If something is ever going to happen with the US dollar, then gold will obviously become the main form of hedge/currency that people will fall back to. Bitcoin on the other hand might surely gain value, but what's this gain worth when the US dollar for whatever reason becomes worthless? Nothing I believe. Gold will always remain the preferred solution for the majority of the people. This will most likely never change.

Exactly, majority prefers Gold than Bitcoin, mostly because they are unable to believe the potential of Bitcoin or unknown to it. But I think it have a possibility of changing and both may be equivalent in importance among peoples. At the moment people believe Gold more than Bitcoin, but profit hunters will stick with Bitcoins.

Bitcoin is better to invest for short-term investments, because it is less predictable. Gold can always be sold in real life, so they choose it more often.

panganib999

hero member

Activity: 1750

Merit: 589

For me bitcoin. I will hold bitcoin because gold is hassle to sell if you are going to calculate bitcoin is have more value than gold so I think bitcoin wins and in terms of the market price I will choose bitcoin and bitcoin is hassle free to spend.

Japan_peopleffs

newbie

Activity: 44

Merit: 0

Bitcoin - an advantageous investment, but if you compare with gold, it's a controversial issue. Gold can be sold anywhere, and bitcoin without the Internet can not be sold. As a tool for short-term speculation bitcoin is very interesting.

X-ray

hero member

Activity: 3038

Merit: 526

Leading Crypto Sports Betting & Casino Platform

Quote from: FLoving on March 17, 2017, 02:49:25 PM

Quote from: mastermold on March 17, 2017, 10:32:43 AM

Bitcoin - gold will hold its purchase value if something goes wrong with the US dollar, while bit coin will skyrocket if something goes wrong with the US dollar.

Bitcoin will probably skyrocket and gold will hold steady even if things are fine in the US due to everybody already knowing about gold, and adoption of bit coin driving prices.

That is a perfect logic for anyone who will be confused in between both of them. Now the time of gold is finished when traders will earn from it. Now gold is used only for jewelry while bitcoin is a better option for traders. They will earn a high profit from bitcoin which was not possible with gold.

Earn big profit from bitcoin and someelse earn big lose caused by the bitcoin volatility. The gold offer the stable value every time and every century. and i think both are the different thing. Bitcoin is same with the fiat money. The gold as a longterm commodity is different with the bitcoin itself.

Topic: Bitcoin or gold? - page 220. (Read 984457 times)