Bitcoin or gold? - page 236. | Bitcointalksearch.org

rizkyhiw

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Quote from: raven7886 on February 15, 2017, 03:45:13 PM

Quote from: rizkyhiw on February 13, 2017, 07:29:25 PM

Gold has exist for hundred years even thousands
So it gives people feel secure guaranteed they will not lost the whole money in one night
While bitcoin still makes people insecure , they think bitcoin can disappear within a hour!
That's why so far people still choose gold over bitcoin.

It is a sure thing, bitcoin is still a new thing and people are still not familiar with it, and like any other new thing it need some time to shine and people start using it more often, gold is still a more stable than bitcoin since it is an international medium of exchange that has been used for thousands of years, but bitcoin is not needing that much time to become so.

Yeah i know , technology always growing faster
So does in bitcoin too right? Wish what you have said is really happened
Bitcoin to become reliable thing for common people and the demand keep increasing to push the development and then completely established.

mornabo

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Quote from: mamaita on February 14, 2017, 03:06:57 AM

if there is a choice bitcoin or gold I definitely would choose bitcoin, because now it harganyta has started to increase every year always go up, and the market was also now many users. This is a business opportunity in the current era

compared to gold. bitcoin future may be brighter than gold. because gold is already at the peak of popularity. different from the bitcoin is being piloted would be more popular

deisik

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Quote from: splitups on February 15, 2017, 06:35:15 PM

Gold is a long term low risk investment, the profit is relatively lower than BTC but the growth potential isn't bad at all [check the graph about gold prices in 20 years or so], it isn't that safe too considering the recent downward spiral, every investment has a risk and the trader just need to decide if it's appropriate for him/her or not

If we are to draw conclusions based on the past performance, gold is not so good for increasing your wealth

I posted that chart a few times already here (you may look for it in Google), but for the last forty years or so gold has been on par with dollar inflation (in fact, it was underperforming most of that time), while, for example, the US treasuries (US government bonds) have been slightly outperforming dollar inflation over long terms. This is not to say that gold is a bad store of value (sort of last resort) but it obviously comes at a price, i.e. not without disadvantages

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Quote from: deisik on February 15, 2017, 03:11:58 PM

Quote from: mastica on February 15, 2017, 01:33:55 PM

Quote from: Nathan047 on February 14, 2017, 05:20:51 PM

I'd go with gold, BTC is still a little to new and volital.

Thats why big investors are using bitcoin and not gold anymore, why would you invest into something that can be manipulated by countries anytime they wanna? Bitcoin can be manipulated as well, but its about community to support it or not, last year we had a small example of the pump interest ant the community support over it, currently you able to make money all days something i dont see gold being able to change soo much in a short period. Gold has it potencial exposed on the last 30 years, nowadays makes no sense invest, knowing that crypto world is plenty of opportunities to make your investment return faster and easy

That claim is mostly rubbish

More specifically, what big-time investors do you know that invest in Bitcoin? Apart from the Winklevoss twins which are said to have invested something like 100M dollars (if I'm not mistaken), I don't know of anyone so deeply engaged with Bitcoin. On the other hand (in regard to gold being abandoned by big investors), George Soros (worth over 25B dollars), for example, is heavily involved in trading gold derivatives (such as gold options) as well as stock of gold mining companies. Warren Buffett does not invest in gold, though he is rumored to have invested almost 1B dollars in silver. The Winklevoss twins are small fish beside these whales

Excellent post. Earlier, there were rumors that some of the billionaires were considering to invest in Bitcoin. The names of Reid Hoffman and Richard Branson came up most frequently. But in the end, these rumors proved to be unfounded and baseless.

grandy

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Quote from: NEWGOODOUBLE on February 15, 2017, 08:42:42 PM

Quote from: PsychoticBoy on February 15, 2017, 03:50:25 PM

Bitcoin is the currency of the future, gold is the currency of the past.

You really should invest in both, thats my opinion.

is it gold included in the currency? I think gold is only useful as an investment only. different from the bitcoin which has a variety of functions. such as currency and investment
I think this would be a plus for bitcoin?

but i think gold is only good for saving and not as a good investment for making money. actually in the price of bitcoin there is a very little chance we can observe while there are more and more chances that the price of bitcoin will increase therefore investment in bitcoin is good to making more money.

NEWGOODOUBLE

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Quote from: PsychoticBoy on February 15, 2017, 03:50:25 PM

Bitcoin is the currency of the future, gold is the currency of the past.

You really should invest in both, thats my opinion.

is it gold included in the currency? I think gold is only useful as an investment only. different from the bitcoin which has a variety of functions. such as currency and investment
I think this would be a plus for bitcoin?

splitups

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in my view, you should invest all your assets in a single investment anyway, therefore it could easily be gold, bitcoins and a couple of other things as well.

BTC is perfect as a short-term investment if things go in your way, sometimes you would need to wait to make profit though, even very long sometimes -like those who bought at $1000 before, only now are they even or at slight profit-, the risk is higher as well as the reward compared with gold and most other traditional investments.

Gold is a long term low risk investment, the profit is relatively lower than BTC but the growth potential isn't bad at all [check the graph about gold prices in 20 years or so], it isn't that safe too considering the recent downward spiral, every investment has a risk and the trader just need to decide if it's appropriate for him/her or not.

ps_jb

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Quote from: PsychoticBoy on February 15, 2017, 03:50:25 PM

Bitcoin is the currency of the future, gold is the currency of the past.

You really should invest in both, thats my opinion.

Agree:

70% gold
30% BTC

PsychoticBoy

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Bitcoin is the currency of the future, gold is the currency of the past.

You really should invest in both, thats my opinion.

gandame

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Of course I choose bitcoin rather than gold because its sustainable part time income and yet gold is profitable but I cant earn gold immediately, unlike bitcoin that can be earn in many ways and can be traded using altcoins which is more profitable.

rizkyhiw

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Quote from: DevelopFI on February 15, 2017, 02:14:38 PM

Gold isn't this stable commodity with a lot of intrinsic value people are pushing for it to be. Anything that can triple its price in 10 years can lose it just as fast. I'm not saying BTC is any better, there are no "safe" investments.

There is a risk there is profit , simple investment principle
Gold has lower risk because a lot of factor backed it like it has been established for century
When bitcoin just invented few years ago
But it's doesn't mean bitcoin is not as attracting as gold , it has something special for each gold and bitcoin however.

raven7886

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Quote from: rizkyhiw on February 13, 2017, 07:29:25 PM

Gold has exist for hundred years even thousands
So it gives people feel secure guaranteed they will not lost the whole money in one night
While bitcoin still makes people insecure , they think bitcoin can disappear within a hour!
That's why so far people still choose gold over bitcoin.

It is a sure thing, bitcoin is still a new thing and people are still not familiar with it, and like any other new thing it need some time to shine and people start using it more often, gold is still a more stable than bitcoin since it is an international medium of exchange that has been used for thousands of years, but bitcoin is not needing that much time to become so.

deisik

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Quote from: mastica on February 15, 2017, 01:33:55 PM

Quote from: Nathan047 on February 14, 2017, 05:20:51 PM

I'd go with gold, BTC is still a little to new and volital.

Thats why big investors are using bitcoin and not gold anymore, why would you invest into something that can be manipulated by countries anytime they wanna? Bitcoin can be manipulated as well, but its about community to support it or not, last year we had a small example of the pump interest ant the community support over it, currently you able to make money all days something i dont see gold being able to change soo much in a short period. Gold has it potencial exposed on the last 30 years, nowadays makes no sense invest, knowing that crypto world is plenty of opportunities to make your investment return faster and easy

That claim is mostly rubbish

More specifically, what big-time investors do you know that invest in Bitcoin? Apart from the Winklevoss twins which are said to have invested something like 100M dollars (if I'm not mistaken), I don't know of anyone so deeply engaged with Bitcoin. On the other hand (in regard to gold being abandoned by big investors), George Soros (worth over 25B dollars), for example, is heavily involved in trading gold derivatives (such as gold options) as well as stock of gold mining companies. Warren Buffett does not invest in gold, though he is rumored to have invested almost 1B dollars in silver. The Winklevoss twins are small fish beside these whales

DevelopFI

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Gold isn't this stable commodity with a lot of intrinsic value people are pushing for it to be. Anything that can triple its price in 10 years can lose it just as fast. I'm not saying BTC is any better, there are no "safe" investments.

inthelongrun

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I pick both. Bitcoin I believe have big room to grow while gold may not give high returns but it is safe as it is being valued since the old days.

richardsNY

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Quote from: artows21 on February 14, 2017, 04:33:51 PM

I would prefer bitcoins because I know that the price of the gold is going down and I don't think that it's a good idea to buy gold because you will have first to use real money but with bitcoins you can earn money without spend lots of money.

With governments being major share holders of Gold, there is barely any chance for it fall down dramatically to a level that you consider the price to be cheap. Stakes are way too high. Every decrease in the gold price will be of short duration (short for gold standards). Also take into consideration that certain governments are still accumulating gold. Russia for example has been stocking up massive amounts of gold in the last years.

mastica

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Quote from: Nathan047 on February 14, 2017, 05:20:51 PM

I'd go with gold, BTC is still a little to new and volital.

Thats why big investors are using bitcoin and not gold anymore, why would you invest into something that can be manipulated by countries anytime they wanna? Bitcoin can be manipulated as well, but its about community to support it or not, last year we had a small example of the pump interest ant the community support over it, currently you able to make money all days something i dont see gold being able to change soo much in a short period. Gold has it potencial exposed on the last 30 years, nowadays makes no sense invest, knowing that crypto world is plenty of opportunities to make your investment return faster and easy.

Fatanut

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Quote from: artows21 on February 14, 2017, 04:33:51 PM

I would prefer bitcoins because I know that the price of the gold is going down[1] and I don't think that it's a good idea to buy gold because you will have first to use real money[2] but with bitcoins you can earn money without spend lots of money.

[1] Maybe at some moments the price of gold is going down but I hardly think it would go down and become cheap.

[2] Isn't it the same? At the end of the day, you worked for that money to get gold/bitcoins. Gold isn't going down in price because it's a natural resources and we can't produce it on our own. Gold is being used so much nowadays because of technology so its price should increase unless if someone invents or discovers something that's just as shiny and as useful as gold.

Sithara007

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Quote from: Erza on February 15, 2017, 02:36:46 AM

Quote from: Sithara007 on February 13, 2017, 11:55:45 PM

Quote from: apuestascoin on February 13, 2017, 05:50:49 PM

Gold : conservative option

Bitcoin : risky option

If you have enough money get 50%/50% and sleep better

None of the market experts and investment specialists will favor investing 50% of your wealth in risky assets. Most of the time it will be 90-10, or at the max it may be 80-20 (20 for BTC, 80 for gold).

Actually it depends on each of us whether believe in gold or bitcoin though. But to see this price lately I think bitcoin is worth to keep though. If I have enough money I will put 30 70 on bitcoin or may 40 60. With this volatile price we might get some profit on trading too

Belief is not enough. You should carefully analyze whether you will be able to take a hit, if something bad happens with Bitcoin. You should always think about the worst-case scenario while investing. Personally, I will never advocate allocating more than 20% of the net worth to BTC.

btcdiggingmaster

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Quote from: artows21 on February 14, 2017, 04:33:51 PM

I would prefer bitcoins because I know that the price of the gold is going down and I don't think that it's a good idea to buy gold because you will have first to use real money but with bitcoins you can earn money without spend lots of money.

Better choose both of them because gold is always stable and increasing year after year. Bitcoin is very new technology and it is completely platform which is not comparable with gold. But the price of bitcoin is far higher than gold but at the same bitcoin is in volatile condition every time. Very hard to predict about the future of bitcoin and it's price, may increase or decrease don't know.

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