Bitcoin or gold? - page 247. | Bitcointalksearch.org

shulio

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Quote from: raven7886 on February 03, 2017, 12:42:08 AM

Quote from: bitgoldpanther1978 on February 02, 2017, 01:02:03 PM

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 am much preferred to bitcoin, Although, they are the both profitable, but when it comes to convenience, savings and security, and others I think Bitcoin will surpass the gold. even for the price, it is very aggressive to swing the price value of the coins compare to gold.

I think you missed that point. bitcoin is here only since 5 years (8 now) but Gold's history is thousands year old and gold is precious from the early time.. Gold have the risk of lose than bitcoin also have the same risks. your wallet can be hacked. you can forget your passwrod and many thing can happen here.

Gold only lose around 0.5 % of its value yearly at most therefore this is a quite stable investment if you compare it to bitcoin . Wether you want it or not people will still go for bitcoin, as you said that there are alot of people that has known gold but bitcoin is still unknown to them

raven7886

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Quote from: bitgoldpanther1978 on February 02, 2017, 01:02:03 PM

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 am much preferred to bitcoin, Although, they are the both profitable, but when it comes to convenience, savings and security, and others I think Bitcoin will surpass the gold. even for the price, it is very aggressive to swing the price value of the coins compare to gold.

I think you missed that point. bitcoin is here only since 5 years (8 now) but Gold's history is thousands year old and gold is precious from the early time.. Gold have the risk of lose than bitcoin also have the same risks. your wallet can be hacked. you can forget your passwrod and many thing can happen here.

geopolisch

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Quote from: axorb on January 30, 2017, 04:34:54 PM

Quote from: Ewinsane on January 30, 2017, 03:47:03 PM

Quote from: Sithara007 on January 29, 2017, 11:31:26 PM

Quote from: millgates on January 29, 2017, 11:09:07 PM

Me too, I think the volatility of bitcoin makes people worry about it. I choose gold because it is always worth, but if in next ten years I see bitcoin price is rise high I would be regret.

But then, you will not regret if Bitcoin becomes worthless in the next few years. Bitcoins are always risky. You should not invest more than 1% of your net worth in the crypto-currency. If you want to invest more, then be ready to face the consequences.

how you can say that bitcoin is risky???, i think you do not know about bitcoin and you do not know about the profit of bitcoin you can check the price of bitcoin from 2009 and now check the current price of bitcoin then you would never say that bitcoin is risky.

Exactly bitcoin is growing and growing over a period of time and one can compare the current price of bitcoin to the price of last year and he will get his answer and I don't see any risk in investing in bitcoins as it will surely grow more in future so if you want to make best profits then you should invest huge capital to get maximum returns.

It is true that the bitcoin is growing in both price and users for the time being however we can never really predict that the future of it just look at what happened to the price earlier this year it went down from $1100$ to $780 in a day so if you want to invest in it you should invest in the short term and know when to sell.

GMPoison

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Quote from: Gromozeka! on February 02, 2017, 11:20:26 PM

Quote from: ?? on ??

When the economic situation breaks down (which manifests itself through the progression of the dollar), the value of gold increases. In the opposite, when it is doing well, the gold back.
Thus, between 2000 and 2012, USA have experienced various events that affected its economy: the attacks of September 11, 2011, the start of the tensions due to the debt sovereign and, of course, the subprime crisis. Faced with these problems, equity investors, for example, rely on shelters values. This is the case for gold.
However, the investment involves risk. For example, the gold did not rise despite the risk of bankruptcy of the United States in 2013. On the other hand, there are a few years a renewed interest in the stock market

Meanwhile, investors who do not like to wait can try to take advantage of the volatility of the BTC.

In terms of safety is better to give preference to gold, the asset has been for many years proves its immutability and value, and Bitcoin young and trust such as gold have not earned, but in terms of not just save money but also to increase them, Bitcoin in this regard leads .

That's probably a really fair assessment, but I would argue for silver instead of gold. It's price over the past few decades follows a similar trend as gold, but with silver you can more easily own smaller denominations of it, which could mean the world if you were ever in a situation where you actually had to use it as a means of currency.

Plus... silver is just really fucking sexy.
http://www.apmex.com/product/65698/5-oz-silver-bar-pamp-suisse-fortuna

Gromozeka!

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Quote from: ?? on ??

When the economic situation breaks down (which manifests itself through the progression of the dollar), the value of gold increases. In the opposite, when it is doing well, the gold back.
Thus, between 2000 and 2012, USA have experienced various events that affected its economy: the attacks of September 11, 2011, the start of the tensions due to the debt sovereign and, of course, the subprime crisis. Faced with these problems, equity investors, for example, rely on shelters values. This is the case for gold.
However, the investment involves risk. For example, the gold did not rise despite the risk of bankruptcy of the United States in 2013. On the other hand, there are a few years a renewed interest in the stock market

Meanwhile, investors who do not like to wait can try to take advantage of the volatility of the BTC.

In terms of safety is better to give preference to gold, the asset has been for many years proves its immutability and value, and Bitcoin young and trust such as gold have not earned, but in terms of not just save money but also to increase them, Bitcoin in this regard leads .

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 am much preferred to bitcoin, Although, they are the both profitable, but when it comes to convenience, savings and security, and others I think Bitcoin will surpass the gold. even for the price, it is very aggressive to swing the price value of the coins compare to gold.

Edraket31

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Quote from: LonelyPrince on February 02, 2017, 08:37:12 AM

gold is obsolete thing in modern conditions

How can you say that gold is obsolete? Even we are in modern years today gold is still good but because of people's demand. The gold generation is near to be overcome by bitcoin. Many of us here do prefer to use bitcoin and invest with it instead of gold. Because it is more convenient and easier to invest also you can profit effortless with it.

What is he trying to say? Maybe, he was trying to say that bitcoin has already supersede the value of gold and that almost all here in forum focusing on investment in bitcoin. But to say that gold is obsolete is a no no. Gold has stable price, almost no loss since it is one of the necessity of all people. Better if you can have both.

allthingsluxury

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The age old question on the Bitcoin talk forums. The answer as many have already stated, is obvious. Both. Yet I would add one more to the basket, silver.

LonelyPrince

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gold is obsolete thing in modern conditions

JC btc

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Quote from: n0ne on February 02, 2017, 06:35:39 AM

Long back itself people who have known about bitcoin have started to consider bitcoin and gold in the same level. Now due to the recent years growth the profit percentage have gone high. Due to this bitcoin has overcome gold as a potential form of investment and a profiting source of the present and upcoming generation.

It is always a matter how those investments will bring a more profit to you, sometimes we opt to invest in one thing which can give us big profit in just a little expand of time than to those that has just stable price. And one example of it is bitcoin and gold, as we can notice that bitcoin can increase its price more that we expect than gold.

CyberKuro

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Quote from: danherbias07 on February 02, 2017, 06:45:18 AM

Quote from: doaremon on February 02, 2017, 06:33:39 AM

If it's for long term investment I will definitely go for gold. Bitcoin has a good past but risking all my wealth will be too much I think. But yes if the question comes about investment I will go for investing a good amount but not my whole money for long term like 10 years.

It is still okay for 10 years I think so. But if you think it is sure with gold then why not. But for me it is just the same they are both risky. The problem with gold is you need some papers for it. Bitcoin is just a lot easier than gold for me. Easy to get it, you just need to go online and register in a web wallet or you could buy some with people here who are trading theirs for something.

Wonderful, this thread has been discussed for almost 3 years.
So, investment for 10 years between gold or bitcoin. The answer is no pain no gain, big risk and higher profits.
I will invest in bitcoin of course, if we compare the value increases over time.
Gold may have the stability for long term but bitcoin offering more than what gold has.

danherbias07

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Quote from: doaremon on February 02, 2017, 06:33:39 AM

If it's for long term investment I will definitely go for gold. Bitcoin has a good past but risking all my wealth will be too much I think. But yes if the question comes about investment I will go for investing a good amount but not my whole money for long term like 10 years.

It is still okay for 10 years I think so. But if you think it is sure with gold then why not. But for me it is just the same they are both risky. The problem with gold is you need some papers for it. Bitcoin is just a lot easier than gold for me. Easy to get it, you just need to go online and register in a web wallet or you could buy some with people here who are trading theirs for something.

n0ne

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Long back itself people who have known about bitcoin have started to consider bitcoin and gold in the same level. Now due to the recent years growth the profit percentage have gone high. Due to this bitcoin has overcome gold as a potential form of investment and a profiting source of the present and upcoming generation.

doaremon

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If it's for long term investment I will definitely go for gold. Bitcoin has a good past but risking all my wealth will be too much I think. But yes if the question comes about investment I will go for investing a good amount but not my whole money for long term like 10 years.Value of gold stays stable for years with little up and down and is internationally accepted in banks or other organisations. But bitcoin is different from this view. So I will go for gold.

icecube45

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Quote from: megynacuna on February 02, 2017, 02:45:50 AM

Quote from: JANGKRIK BOSS on February 01, 2017, 09:53:27 PM

Quote from: zidanw on February 01, 2017, 01:04:52 AM

I think gold has little risk and great for long-term investing, from some people argue that gold is a good investment for a future you. bitcoin has a big risk when it comes to investment but has a positive side in the future, many people think they boast cryptocurrency is the good currency in the future that could possibly replace fiat

I think also so, can't argue with that gold is a safe investment option in addition to land, the garden, the property and assets are not moved to another. I like your opinions, though still very profitable bitcoin we consider the long-term benefits that are more secure.

I have no doubt that gold and the other commodities are safe but when we are considering what can be more profitable then we need to consider history and a few technical analysis which goes to prove that the rate at which Bitcoin prices rise far outweigh that of gold especially within the past year so I will side with bitcoins currently.

Yes indeed since bitcoin prices rise and continue to climb many people who investing in gold moved to invest into bitcoin, let alone economic chaos makes the gold price a little shake and increasing forgery gold made investors begin to doubt the security or authenticity from gold. I must admit now bitcoin could make a profit as gold. I'm sure if bitcoin more mature again will many investors are starting to use bitcoin.

megynacuna

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Quote from: JANGKRIK BOSS on February 01, 2017, 09:53:27 PM

Quote from: zidanw on February 01, 2017, 01:04:52 AM

I think gold has little risk and great for long-term investing, from some people argue that gold is a good investment for a future you. bitcoin has a big risk when it comes to investment but has a positive side in the future, many people think they boast cryptocurrency is the good currency in the future that could possibly replace fiat

I think also so, can't argue with that gold is a safe investment option in addition to land, the garden, the property and assets are not moved to another. I like your opinions, though still very profitable bitcoin we consider the long-term benefits that are more secure.

I have no doubt that gold and the other commodities are safe but when we are considering what can be more profitable then we need to consider history and a few technical analysis which goes to prove that the rate at which Bitcoin prices rise far outweigh that of gold especially within the past year so I will side with bitcoins currently.

JANGKRIK BOSS

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Quote from: zidanw on February 01, 2017, 01:04:52 AM

I think gold has little risk and great for long-term investing, from some people argue that gold is a good investment for a future you. bitcoin has a big risk when it comes to investment but has a positive side in the future, many people think they boast cryptocurrency is the good currency in the future that could possibly replace fiat

I think also so, can't argue with that gold is a safe investment option in addition to land, the garden, the property and assets are not moved to another. I like your opinions, though still very profitable bitcoin we consider the long-term benefits that are more secure.

Kasabus

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Quote from: Edraket31 on February 01, 2017, 06:38:18 PM

Quote from: andrei56 on February 01, 2017, 05:12:09 PM

Quote from: Amph on January 31, 2017, 02:43:16 AM

Quote from: andrei56 on January 30, 2017, 01:43:02 PM

Bitcoin is a very easy choice for me since the price of gold does not seem to move that much these days, you can profit a lot more with bitcoin than with gold.

Well right now bitcoin is stagnant more than gold, and market volatility only bring more unnecessary randomness and high % of losses, you can trade with gold as bitcoin with high leverage, therefore you don't need high volatility

and with gold have higher leverage than bitcoin, at least this how it look on every exchange, you don't get more than 10x leverage for bitcoin

You are correct but it is not like we are going to move all our money from one market to the other just because a markets has been under performing for a few weeks, bitcoin presents more movement and with it more trade opportunities for those that are able to seize them.

We have to set goals and not just going with the flow. Not all money is advisable to put in trading, or else if the price goes down and you plan to sell then you have no choice but to cry. Both of them are good investment, better to have them both because they differ in any aspect. In any case, gold is as stable as bitcoin for now, but bitcoin has a lot more potential to earn more.

You have to put that in mind, diversifying your investment is the most important thing you have to do. Everything has a risk, so have to manage it and diversification is the answer. Actually, I trust bitcoin so much but I have to control myself, I have to make sure, I will not be putting all my money here, I also make myself busy with investment in real life.

Edraket31

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Quote from: andrei56 on February 01, 2017, 05:12:09 PM

Quote from: Amph on January 31, 2017, 02:43:16 AM

Quote from: andrei56 on January 30, 2017, 01:43:02 PM

Bitcoin is a very easy choice for me since the price of gold does not seem to move that much these days, you can profit a lot more with bitcoin than with gold.

Well right now bitcoin is stagnant more than gold, and market volatility only bring more unnecessary randomness and high % of losses, you can trade with gold as bitcoin with high leverage, therefore you don't need high volatility

and with gold have higher leverage than bitcoin, at least this how it look on every exchange, you don't get more than 10x leverage for bitcoin

You are correct but it is not like we are going to move all our money from one market to the other just because a markets has been under performing for a few weeks, bitcoin presents more movement and with it more trade opportunities for those that are able to seize them.

We have to set goals and not just going with the flow. Not all money is advisable to put in trading, or else if the price goes down and you plan to sell then you have no choice but to cry. Both of them are good investment, better to have them both because they differ in any aspect. In any case, gold is as stable as bitcoin for now, but bitcoin has a lot more potential to earn more.

andrei56

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Quote from: Amph on January 31, 2017, 02:43:16 AM

Quote from: andrei56 on January 30, 2017, 01:43:02 PM

Bitcoin is a very easy choice for me since the price of gold does not seem to move that much these days, you can profit a lot more with bitcoin than with gold.

Well right now bitcoin is stagnant more than gold, and market volatility only bring more unnecessary randomness and high % of losses, you can trade with gold as bitcoin with high leverage, therefore you don't need high volatility

and with gold have higher leverage than bitcoin, at least this how it look on every exchange, you don't get more than 10x leverage for bitcoin

You are correct but it is not like we are going to move all our money from one market to the other just because a markets has been under performing for a few weeks, bitcoin presents more movement and with it more trade opportunities for those that are able to seize them.

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