Bitcoin or gold? - page 240. | Bitcointalksearch.org

bitgoldpanther1978

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Quote from: tkbx on March 09, 2014, 01:21:54 PM

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 would rather go by choosing bitcoin, because bitcoin was anonymous, decentralized, secured, and easy to use. And bitcoin value goes rapidly increase a months from now.

jorse

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Quote from: tkbx on March 09, 2014, 01:21:54 PM

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.

If select both be? hhehe
I think all that smells of it should be profitable, it must be
because it is the law of nature '
maybe we invested each object

mornabo

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Quote from: rchstr on February 09, 2017, 01:14:35 PM

Quote from: OrangeII on February 09, 2017, 12:38:42 PM

Quote from: savioroshan on February 09, 2017, 10:35:15 AM

If you campare bitcoin with gold , gold is the best. Gold has got a place in this society.Gold will remain in the first place as long as women use them as ornaments. In many societies its compulsory for the ladies to wear gold ornaments . It didnt start yesterday or today. They are following this from centuries . No one can compare gold with bitcoin. Both are different things. Gold's value will not go down in any circumstance but bitcoin's price is highly volatile.

if comparing the social status, gold is much better than bitcoin, because gold is a symbol of wealth, and be on display in the real world. Besides, gold has a high price. but, for a businessman, maybe bitcoin is still better, because with bitcoin, we can easily make a profit. Well, gold and bitcoin are different

yes social status will be more favorable to gold because as you said that it is the symbol of wealth. but if we could use this two to opportunity in earning some money, i would choose bitcoin as it gives many opportunity to many people to earn. not just in third countries but all of the country may use the advantage of bitcoin againts gold.

for social status. indeed have the gold will look good. but it's a big problem and speed advantage to get a profit. I certainly will be selected bitcoin instead of gold.

cellard

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Quote from: User365 on February 10, 2017, 01:39:32 PM

Quote from: Bitcoinsummoner on February 10, 2017, 01:32:26 PM

Quote from: romero121 on February 10, 2017, 01:24:03 PM

Quote from: Superzpay on February 10, 2017, 10:56:47 AM

Quote from: OrangeII on February 09, 2017, 12:38:42 PM

Quote from: savioroshan on February 09, 2017, 10:35:15 AM

If you campare bitcoin with gold , gold is the best. Gold has got a place in this society.Gold will remain in the first place as long as women use them as ornaments. In many societies its compulsory for the ladies to wear gold ornaments . It didnt start yesterday or today. They are following this from centuries . No one can compare gold with bitcoin. Both are different things. Gold's value will not go down in any circumstance but bitcoin's price is highly volatile.

if comparing the social status, gold is much better than bitcoin, because gold is a symbol of wealth, and be on display in the real world. Besides, gold has a high price. but, for a businessman, maybe bitcoin is still better, because with bitcoin, we can easily make a profit. Well, gold and bitcoin are different

Gold is now used only for ornament and not for investment because it do not ive much profit which bitcoin is giving for investment it will best to invest in bitcoin. not in gold.

People who always focus on security than the profit earned from it consider gold to be the investment of all time. Recently this was overcome by bitcoin which has a varied profiting than gold. If the system operates without failure, sure it will reach lot.of common users.

Most of the people their priority is security like you said but most of the people are always looking for profit and earnings..
With us who knows bitcoin we will stay on bitcoin because we are profiting in bitcoin but for those who are not knows about bitcoin they will choose gold instead.. bitcoin right now is more growing so if they know all the benefits of bitcoin they will attractive..

I think a bit different about this, gold and BTC are for me nearly the same thing, both ways provide a way to hold some value, besides fiat money. In my opinion you should split the amount you want to invest in such stuff to gold and BTC, because f.e. in case of a MilleniumBug scenario (if you dont know this, pls look it up) BTC will be completely worthless. On the other hand Gold can be prohibited and normally you are registered if you own gold.

For me they are different, bitcoin has better features, you can move it across the world seamlessly and permissionless, almost instantaneous and for very cheap fees for what it is (a decentralized network backed up by the biggest hashrate on earth)

The only advantage gold has over btc is it has a trillionaire marketcap, which means manipulation is harder, but manipulation still happens, and the fact that it has a trillionaire marketcap is a negative too, since it means it doesn't have the potential to go as high as BTC.

User365

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Quote from: Bitcoinsummoner on February 10, 2017, 01:32:26 PM

Quote from: romero121 on February 10, 2017, 01:24:03 PM

Quote from: Superzpay on February 10, 2017, 10:56:47 AM

Quote from: OrangeII on February 09, 2017, 12:38:42 PM

Quote from: savioroshan on February 09, 2017, 10:35:15 AM

If you campare bitcoin with gold , gold is the best. Gold has got a place in this society.Gold will remain in the first place as long as women use them as ornaments. In many societies its compulsory for the ladies to wear gold ornaments . It didnt start yesterday or today. They are following this from centuries . No one can compare gold with bitcoin. Both are different things. Gold's value will not go down in any circumstance but bitcoin's price is highly volatile.

if comparing the social status, gold is much better than bitcoin, because gold is a symbol of wealth, and be on display in the real world. Besides, gold has a high price. but, for a businessman, maybe bitcoin is still better, because with bitcoin, we can easily make a profit. Well, gold and bitcoin are different

Gold is now used only for ornament and not for investment because it do not ive much profit which bitcoin is giving for investment it will best to invest in bitcoin. not in gold.

People who always focus on security than the profit earned from it consider gold to be the investment of all time. Recently this was overcome by bitcoin which has a varied profiting than gold. If the system operates without failure, sure it will reach lot.of common users.

Most of the people their priority is security like you said but most of the people are always looking for profit and earnings..
With us who knows bitcoin we will stay on bitcoin because we are profiting in bitcoin but for those who are not knows about bitcoin they will choose gold instead.. bitcoin right now is more growing so if they know all the benefits of bitcoin they will attractive..

I think a bit different about this, gold and BTC are for me nearly the same thing, both ways provide a way to hold some value, besides fiat money. In my opinion you should split the amount you want to invest in such stuff to gold and BTC, because f.e. in case of a MilleniumBug scenario (if you dont know this, pls look it up) BTC will be completely worthless. On the other hand Gold can be prohibited and normally you are registered if you own gold.

GMPoison

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Quote from: romero121 on February 10, 2017, 01:24:03 PM

Quote from: Superzpay on February 10, 2017, 10:56:47 AM

Quote from: OrangeII on February 09, 2017, 12:38:42 PM

Quote from: savioroshan on February 09, 2017, 10:35:15 AM

If you campare bitcoin with gold , gold is the best. Gold has got a place in this society.Gold will remain in the first place as long as women use them as ornaments. In many societies its compulsory for the ladies to wear gold ornaments . It didnt start yesterday or today. They are following this from centuries . No one can compare gold with bitcoin. Both are different things. Gold's value will not go down in any circumstance but bitcoin's price is highly volatile.

if comparing the social status, gold is much better than bitcoin, because gold is a symbol of wealth, and be on display in the real world. Besides, gold has a high price. but, for a businessman, maybe bitcoin is still better, because with bitcoin, we can easily make a profit. Well, gold and bitcoin are different

Gold is now used only for ornament and not for investment because it do not ive much profit which bitcoin is giving for investment it will best to invest in bitcoin. not in gold.

People who always focus on security than the profit earned from it consider gold to be the investment of all time. Recently this was overcome by bitcoin which has a varied profiting than gold.

I'm not sure how those two things are correlated. What kind of security? A lot of people that buy gold buy it because they find security in physically owning an asset that you can hold in your hands. Bitcoin has not overcome this. Not to say that isn't a good thing, but it simply hasn't.

Of course no sane person would buy gold over bitcoin if the main purpose of said purchase would be to make money. Of course many people do this, but they're all old men that don't know any better. The better argument for owning precious metals would be like I said, being able to physically hold it and have control over it (which comes with a whole slew of benefits), and for diversification.

Bitcoinsummoner

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Quote from: romero121 on February 10, 2017, 01:24:03 PM

Quote from: Superzpay on February 10, 2017, 10:56:47 AM

Quote from: OrangeII on February 09, 2017, 12:38:42 PM

Quote from: savioroshan on February 09, 2017, 10:35:15 AM

If you campare bitcoin with gold , gold is the best. Gold has got a place in this society.Gold will remain in the first place as long as women use them as ornaments. In many societies its compulsory for the ladies to wear gold ornaments . It didnt start yesterday or today. They are following this from centuries . No one can compare gold with bitcoin. Both are different things. Gold's value will not go down in any circumstance but bitcoin's price is highly volatile.

if comparing the social status, gold is much better than bitcoin, because gold is a symbol of wealth, and be on display in the real world. Besides, gold has a high price. but, for a businessman, maybe bitcoin is still better, because with bitcoin, we can easily make a profit. Well, gold and bitcoin are different

Gold is now used only for ornament and not for investment because it do not ive much profit which bitcoin is giving for investment it will best to invest in bitcoin. not in gold.

People who always focus on security than the profit earned from it consider gold to be the investment of all time. Recently this was overcome by bitcoin which has a varied profiting than gold. If the system operates without failure, sure it will reach lot.of common users.

Most of the people their priority is security like you said but most of the people are always looking for profit and earnings..
With us who knows bitcoin we will stay on bitcoin because we are profiting in bitcoin but for those who are not knows about bitcoin they will choose gold instead.. bitcoin right now is more growing so if they know all the benefits of bitcoin they will attractive..

romero121

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Quote from: Superzpay on February 10, 2017, 10:56:47 AM

Quote from: OrangeII on February 09, 2017, 12:38:42 PM

Quote from: savioroshan on February 09, 2017, 10:35:15 AM

If you campare bitcoin with gold , gold is the best. Gold has got a place in this society.Gold will remain in the first place as long as women use them as ornaments. In many societies its compulsory for the ladies to wear gold ornaments . It didnt start yesterday or today. They are following this from centuries . No one can compare gold with bitcoin. Both are different things. Gold's value will not go down in any circumstance but bitcoin's price is highly volatile.

if comparing the social status, gold is much better than bitcoin, because gold is a symbol of wealth, and be on display in the real world. Besides, gold has a high price. but, for a businessman, maybe bitcoin is still better, because with bitcoin, we can easily make a profit. Well, gold and bitcoin are different

Gold is now used only for ornament and not for investment because it do not ive much profit which bitcoin is giving for investment it will best to invest in bitcoin. not in gold.

People who always focus on security than the profit earned from it consider gold to be the investment of all time. Recently this was overcome by bitcoin which has a varied profiting than gold. If the system operates without failure, sure it will reach lot.of common users.

GMPoison

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Quote from: RhodaGila on February 10, 2017, 11:11:07 AM

it will come to a time that money would be replaced by digital money.

In a perfect world, maybe.

RhodaGila

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Bitcoin is better than gold. At present we are still using fiat money as the main currency to pay a fee but it will come to a time that money would be replaced by digital money. And it most likely is Bitcoin. Bitcoin prices have also increased over time continues to move up higher.

Superzpay

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Quote from: OrangeII on February 09, 2017, 12:38:42 PM

Quote from: savioroshan on February 09, 2017, 10:35:15 AM

If you campare bitcoin with gold , gold is the best. Gold has got a place in this society.Gold will remain in the first place as long as women use them as ornaments. In many societies its compulsory for the ladies to wear gold ornaments . It didnt start yesterday or today. They are following this from centuries . No one can compare gold with bitcoin. Both are different things. Gold's value will not go down in any circumstance but bitcoin's price is highly volatile.

if comparing the social status, gold is much better than bitcoin, because gold is a symbol of wealth, and be on display in the real world. Besides, gold has a high price. but, for a businessman, maybe bitcoin is still better, because with bitcoin, we can easily make a profit. Well, gold and bitcoin are different

Gold is now used only for ornament and not for investment because it do not have much profit which bitcoin is giving for investment it will best to invest in bitcoin. the traders who are shifted to bitcoin now no more invest in bitcoin and for the gold is now no more a form of investment but for them it is only a form of ornament.

basesaw

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Quote from: Xenophoto on February 10, 2017, 09:30:27 AM

Quote from: Liang_Kubur on February 10, 2017, 06:15:29 AM

I'm still not convinced that the bitcoin investment will continue to be lucrative so I kept making gold investment a priority. This is because the bitcoin is still not in legalized in my country so that makes me hesitate.

It's not a legal currency in any country. The government simply don't care about it. If you live in Japan, in 2 months it would be a legal payment method. Look it up online, it's true. But supposed you live elsewhere, you don't have to hesitate at all just because it's not legalized. You still have the same opportunity with us.

All investment doesn't have any assurance to continue to be lucrative, though. Bitcoin is no different. You still have to risk your money in order to make profit.

really. i think bitcoin is now legal to some country. the government cares about it because it is still a currency and need to be regulated by the governemnt. by this day the virtual currency cant be handled by the government because of the lack of laws about the virtual currency. but someday if they have time about this they might hold the virtual currencies.

TelolettOm

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Bitcoin or gold? if I think more like bitcoin because it is easy to use and has many functions. besides about bitcoin prices much faster growth than gold

Xenophoto

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Quote from: Liang_Kubur on February 10, 2017, 06:15:29 AM

I'm still not convinced that the bitcoin investment will continue to be lucrative so I kept making gold investment a priority. This is because the bitcoin is still not in legalized in my country so that makes me hesitate.

It's not a legal currency in any country. The government simply don't care about it. If you live in Japan, in 2 months it would be a legal payment method. Look it up online, it's true. But supposed you live elsewhere, you don't have to hesitate at all just because it's not legalized. You still have the same opportunity with us.

All investment doesn't have any assurance to continue to be lucrative, though. Bitcoin is no different. You still have to risk your money in order to make profit.

Liang_Kubur

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I'm still not convinced that the bitcoin investment will continue to be lucrative so I kept making gold investment a priority. This is because the bitcoin is still not in legalized in my country so that makes me hesitate.

Vorth

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Both are good to investment but to see more the advantage of having these two there were differences, like the value of bitcoin is increasing that fast as the time goes by unlike gold it takes time to increase, but then in bitcoin we do not know if until when it will last, the price is going up and down, a roller coaster price value without any noticed to the public , but in gold, we can see how gold grows in time, there is no limit of it the value increases and even decreases but not a roller coaster like.
But it is all up to you, if what can you afford to have.

NEWGOODOUBLE

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Quote from: razen489 on February 10, 2017, 04:23:37 AM

Amazing to see where Gold was about 5 years ago https://www.coingecko.com/en/commodities/price_charts/gold/usd
My take will be go with BOTH. Bitcoin has enormous potential over GOLD

gold might have been at the peak price so the potential for the gold price will not be too high. different from that bitcoin has tremendous potential. and the price may be 2 or 3 times in the future

razen489

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Amazing to see where Gold was about 5 years ago https://www.coingecko.com/en/commodities/price_charts/gold/usd
My take will be go with BOTH. Bitcoin has enormous potential over GOLD

deisik

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Quote from: Dudeperfect on February 10, 2017, 12:19:54 AM

Quote from: ?? on ??

Quote from: deppil on February 08, 2017, 03:22:25 AM

I was scared when the more expensive it bitcoin enthusiasts of bitcoin will be less because people increasingly pay dearly to buy one bitcoin only? What do you think?
but on the other hand I knew it would add to the popularity of bitcoin

We really can see that bitcoin can be more expensive as the day goes by and that is because of the limitation of its supply and its demand is becoming higher each day. And I don't think it can happen that bitcoin enthusiast will be lesser because more people are going to be more and will attract people because of its price.

Yes but the same time there are few people who have nothing to do with revolutionary technology and they just want to earn money so they usually sell their bitcoins when they see some downfall in the bitcoin price. However, not everyone purchases gold for the purpose speculation (which is true even in the case of bitcoin) but the rate of speculation is more for bitcoin

Physical gold is not very handy for speculation overall

On the other hand, there is a huge gold derivative market (worth billions if not trillions of dollars) which allows you to earn (or lose, for that matter) on gold price changes without the hassle of using real gold (so-called paper gold). And the level of speculation there by far exceeds that of Bitcoin since paper gold (e.g. cash-settled gold futures) specifically aims at being primarily a vehicle for speculation

Dudeperfect

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Quote from: BigBos on February 05, 2017, 04:44:40 PM

it is very difficult to get the gold

Where do you live? it's usually quite easy to buy gold bullion in most places.

I think it doesn't matter where we live in getting gold. Because for me, I can say that it is hard to get gold and those people who acquire gold are the only ones that are wealthy enough and can afford to buy it. I prefer to choose bitcoin because it is preferable and much easier to use and to acquire even you will small amount, you can have it.

Well if we are considering gold as an investment then it is not so difficult to buy gold nowadays. Especially if you have bitcoins then you can buy gold through the online broker such as 1broker. The only limitation is that you can't get it in psychical form by that way. You would be able to get gain out of price movements for your investment.

I prefer to buy Bitcoin. I can buy it very easily. But this is not the only reason for buying Bitcoins. I like the fact that he is constantly getting more expensive

i agree with you bitcoin getting more expensive day by day because bitcoin adoption increasing too much faster and bitcoin price also increasing to higher value so i also interesting in bitcoin than gold.

And it is going to become more expensive for the next years especially when it reach its total supply limit. The supply will become lesser because a lot of whales are going to do something to control and manipulate the economy and pricing of bitcoin just like what is happening today. So bitcoin will be better than gold in the future.

I was scared when the more expensive it bitcoin enthusiasts of bitcoin will be less because people increasingly pay dearly to buy one bitcoin only? What do you think?
but on the other hand I knew it would add to the popularity of bitcoin

We really can see that bitcoin can be more expensive as the day goes by and that is because of the limitation of its supply and its demand is becoming higher each day. And I don't think it can happen that bitcoin enthusiast will be lesser because more people are going to be more and will attract people because of its price.

Yes but the same time there are few people who have nothing to do with revolutionary technology and they just want to earn money so they usually sell their bitcoins when they see some downfall in the bitcoin price. However, not everyone purchases gold for the purpose speculation (which is true even in the case of bitcoin) but the rate of speculation is more for bitcoin.

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