Bitcoin or gold? - page 249. | Bitcointalksearch.org

finity

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Quote from: Mbah Slamet on January 30, 2017, 08:45:42 AM

Although currently bitcoin highly profitable, but the main priority of my investment is still gold. I think, gold never dark passage of time anyone can receive, so that made me not ever hesitate to make gold is number #1 investment.

Gold is most trusted and safe investment in compare to bitcoins as it exists since long time where as bitcoin is still in its younger age but if we compare the profit margin then bitcoin will surely have a upper hand over gold as profits from gold would be limited but the price of bitcoin can go anywhere in near future which can give unexpected results.

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Quote from: Mbah Slamet on January 30, 2017, 08:45:42 AM

Although currently bitcoin highly profitable, but the main priority of my investment is still gold. I think, gold never dark passage of time anyone can receive, so that made me not ever hesitate to make gold is number #1 investment.

while bitcoin clearly takes some market share, but it is unlikely that the short-term will reach the same reputation as gold.
Gold is a powerful and successful brand. People who want to be respected, tend to wear gold. For many centuries gold has created its mysterious charm in the same way as it does a luxury brand. Gold, at its core, is seen in human cultures as unique value. This perception may change over time, as the world is becoming increasingly digital, but of course, it will not disappear within one or two generations.

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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.

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Quote from: 1Referee on January 30, 2017, 07:47:50 AM

Quote from: macartem on January 29, 2017, 04:48:24 PM

ONLY Gold

BTCis not a serious long term store of wealth.

Since Bitcoin's existence, Bitcoin has proven to be a more than reliable long term store of value tool, so what you are saying doesn't make any sense. I bought my first coins at the time the price was "just" $20-$25 back in early 2013. I have secured myself a decent amount of coins back then, where I of course have also cashed out plenty of these coins, but I still hold 2013 coins that to this date are still not touched/moved. If you do the math, then it shows how well Bitcoin has functioned as store of value tool. Even in more recent terms Bitcoin has functioned very well as store of value tool, when you consider people that managed to buy themselves as many coins as possible below the $500 levels. Look where we stand today...

I don't think we can claim that

Namely, that Bitcoin is a good store of value. The phrase itself implies that the primary task of an asset which is considered to be a store of value is, well, to store value, not so much grow it. This may sound as petty semantics (I understand that) while in fact it is not. The idea of storing value hinges on the assumption of preserving value in bad times when virtually everything else crashes around you. Bitcoin is a good speculative tool without doubt, but whether it is a good store of value we can only find out in the times of real hardship

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Although currently bitcoin highly profitable, but the main priority of my investment is still gold. I think, gold never dark passage of time anyone can receive, so that made me not ever hesitate to make gold is number #1 investment.

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Quote from: danherbias07 on January 30, 2017, 07:11:13 AM

You think so? How many years has it been and yet it is still here. It goes from up and down and wont be taken down. The increase is so fast also than gold. So it is also faster to make money in just exchanging it back to your own currency and then to bitcoin. If you have been supporting it for a long time you might change your mind. Just stay for more months and then you will see.

Right. I'm taking bitcoin seriously, I have a regret every time I missed a single day using it. We can really earn real money with or without capital. But in gold, it is no possible to make a move like what bitcoin can. Only those have big money can buy gold.

1Referee

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Quote from: macartem on January 29, 2017, 04:48:24 PM

ONLY Gold

BTCis not a serious long term store of wealth.

Since Bitcoin's existence, Bitcoin has proven to be a more than reliable long term store of value tool, so what you are saying doesn't make any sense. I bought my first coins at the time the price was "just" $20-$25 back in early 2013. I have secured myself a decent amount of coins back then, where I of course have also cashed out plenty of these coins, but I still hold 2013 coins that to this date are still not touched/moved. If you do the math, then it shows how well Bitcoin has functioned as store of value tool. Even in more recent terms Bitcoin has functioned very well as store of value tool, when you consider people that managed to buy themselves as many coins as possible below the $500 levels. Look where we stand today...

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Quote from: danherbias07 on January 30, 2017, 07:11:13 AM

Quote from: macartem on January 29, 2017, 04:48:24 PM

ONLY Gold

BTCis not a serious long term store of wealth.

You think so? How many years has it been and yet it is still here. It goes from up and down and wont be taken down. The increase is so fast also than gold. So it is also faster to make money in just exchanging it back to your own currency and then to bitcoin. If you have been supporting it for a long time you might change your mind. Just stay for more months and then you will see.

Maybe he has a lot of gold and that's why he is saying that bitcoin is not a serious thing to store our wealth. Because I rarely see people saying that way and most of us here do really prefer to use bitcoin or invest with it. Because it is profitable nowadays when the price is going to increase we can get profit to it easily if you do have some.

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Quote from: marketone on January 30, 2017, 07:14:47 AM

Quote from: Oggy1987 on January 30, 2017, 06:56:15 AM

Quote from: ArdiPrabowo on January 30, 2017, 01:34:34 AM

Quote from: Oggy1987 on January 29, 2017, 01:37:06 PM

You have to really find a good moment to sell at high peek. Its not that hard to miss the oportunity. One of the best investment for me is also real estate in good country and city. With rent you can get 5-10% of its value over year. It's more demanding job then just holding gold or bitcoin, but it got many benefits.

investment property must use big capital money, so can't compare online trading, bitcoin trading or gold trading
and return 5-10%/year is very low
and i think youre rent property can't get return 10%/year, is under 10%

Tell me what passive investment can get you much more then 10% per year and I'll put my money into it. Not all real estate can get you 10%, but a nice apartment in tourist area with daily rent is close to that number, if not even bigger. I come from "tourist" country so I know many people who live from it.

I am very much interested about real estates,what is the best way to invest in it and how much money we are going to make. Tourist means are we going to build rooms for the people who visiting tourist area. Is that a good investment or bad investment.

Depending on a city. If you have to get a bank loan to buy land, pay for paper work, and build a house with few rooms/apartments then you wont make big money. If you have your own capital (and we talk about $200k + money) then its something you can think about. Again, depending on a country and city you're in.
I had a small business store for rent, it was terrible micro location, in a all business building with very high utilities. It was not worth it, I was young so I made few mistakes (long story). So when I draw a line, I'm in a small minus with it. Some guy still owns me money for rent, I have court order that he have to pay me, but its taking years now.

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Quote from: marketone on January 30, 2017, 07:14:47 AM

Quote from: Oggy1987 on January 30, 2017, 06:56:15 AM

Quote from: ArdiPrabowo on January 30, 2017, 01:34:34 AM

Quote from: Oggy1987 on January 29, 2017, 01:37:06 PM

You have to really find a good moment to sell at high peek. Its not that hard to miss the oportunity. One of the best investment for me is also real estate in good country and city. With rent you can get 5-10% of its value over year. It's more demanding job then just holding gold or bitcoin, but it got many benefits.

investment property must use big capital money, so can't compare online trading, bitcoin trading or gold trading
and return 5-10%/year is very low
and i think youre rent property can't get return 10%/year, is under 10%

Tell me what passive investment can get you much more then 10% per year and I'll put my money into it. Not all real estate can get you 10%, but a nice apartment in tourist area with daily rent is close to that number, if not even bigger. I come from "tourist" country so I know many people who live from it.

I am very much interested about real estates,what is the best way to invest in it and how much money we are going to make. Tourist means are we going to build rooms for the people who visiting tourist area. Is that a good investment or bad investment.

there's no word bad investment for real estates and such thing, only if people have the capital to invest, then they will, it's so far considered as an investment option which is really profitable.
the value of your investment will be increasing by the time and sure it's not bad at all.
it's right that not all real estate will get you 10% for a year, it's just how you can see the potential of the things you will invest,and that's right that tourist will help to boost up the earning, even many countries are now counting on those tourists

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Quote from: Oggy1987 on January 30, 2017, 06:56:15 AM

Quote from: ArdiPrabowo on January 30, 2017, 01:34:34 AM

Quote from: Oggy1987 on January 29, 2017, 01:37:06 PM

You have to really find a good moment to sell at high peek. Its not that hard to miss the oportunity. One of the best investment for me is also real estate in good country and city. With rent you can get 5-10% of its value over year. It's more demanding job then just holding gold or bitcoin, but it got many benefits.

investment property must use big capital money, so can't compare online trading, bitcoin trading or gold trading
and return 5-10%/year is very low
and i think youre rent property can't get return 10%/year, is under 10%

Tell me what passive investment can get you much more then 10% per year and I'll put my money into it. Not all real estate can get you 10%, but a nice apartment in tourist area with daily rent is close to that number, if not even bigger. I come from "tourist" country so I know many people who live from it.

I am very much interested about real estates,what is the best way to invest in it and how much money we are going to make. Tourist means are we going to build rooms for the people who visiting tourist area. Is that a good investment or bad investment.

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Quote from: macartem on January 29, 2017, 04:48:24 PM

ONLY Gold

BTCis not a serious long term store of wealth.

You think so? How many years has it been and yet it is still here. It goes from up and down and wont be taken down. The increase is so fast also than gold. So it is also faster to make money in just exchanging it back to your own currency and then to bitcoin. If you have been supporting it for a long time you might change your mind. Just stay for more months and then you will see.

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Quote from: macartem on January 29, 2017, 04:48:24 PM

ONLY Gold

BTCis not a serious long term store of wealth.

If you have nothing to do with future success with your capital or you do not want any profit from your wealth but only want to store your wealth then it is not a problem to go for gold. But one thing is sure that bitcoin is a serious long term store of wealth and along with that it is a golden investment and a type of legendary business and only those people know about this who have been in bitcoin from its start and who have learnt much about bitcoin.

Oggy1987

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Quote from: ArdiPrabowo on January 30, 2017, 01:34:34 AM

Quote from: Oggy1987 on January 29, 2017, 01:37:06 PM

You have to really find a good moment to sell at high peek. Its not that hard to miss the oportunity. One of the best investment for me is also real estate in good country and city. With rent you can get 5-10% of its value over year. It's more demanding job then just holding gold or bitcoin, but it got many benefits.

investment property must use big capital money, so can't compare online trading, bitcoin trading or gold trading
and return 5-10%/year is very low
and i think youre rent property can't get return 10%/year, is under 10%

Tell me what passive investment can get you much more then 10% per year and I'll put my money into it. Not all real estate can get you 10%, but a nice apartment in tourist area with daily rent is close to that number, if not even bigger. I come from "tourist" country so I know many people who live from it.

acroman08

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Quote from: macartem on January 29, 2017, 04:48:24 PM

ONLY Gold

BTCis not a serious long term store of wealth.

Exactly! if you want to invest in bitcoin you need to constantly use it(trade, invest, lend etc..) to cut off the losses
if the price dropped if not then your profit is constantly increasing which is much preferable than letting it sit for 5 years or so.
While gold is one of the best when it comes to long-term investment because of its stable price and keep it safe with no worries about the price dropping instantly unlike bitcoin.

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Quote from: LimLims on January 29, 2017, 04:55:44 PM

Quote from: whizter on January 29, 2017, 04:00:47 PM

Quote from: OrangeII on January 29, 2017, 01:35:27 PM

Well, the price of gold is much more stable compared bitcoin. although many say that gold is very good from the bitcoin, but, basically I prefer bitcoin, because in addition to easy to get, bitcoin also have very much business, that can make me always excited in the business world.

yes i agree and bitcoin can only be prefer because bitcoin can give a good profit. because of the changing property of the price of bitcoin, we can always observe a big change in the price of bitcoin therefore for investors it always give chance to make money, while good is good choice for saving as its value remain stable therefore one can save their money form of bitcoin very safely.

Bitcoin will take over gold in future and if you want to make really huge profits then bitcoin is the key to success as the outcome from gold would be limited in long run as the price is much stable in compare to bitcoins but with bitcoins the sky is the limit of your profits which may never possible with investment in gold.

we dont know. bitcoin can go its value as high as the mountain or sky. it can surpass the value of gold or any other materials that has good value. but bitcoin can not always be thatgood. remember that the value of bitcoin is very volatile. it changes from time to time. sometimes it goes up and sometimes it goes down. but for me the value of bitcoin will still rise but we dont know in the future. we cant predict the value of bitcoin at this point.

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Quote from: Oggy1987 on January 29, 2017, 01:37:06 PM

You have to really find a good moment to sell at high peek. Its not that hard to miss the oportunity. One of the best investment for me is also real estate in good country and city. With rent you can get 5-10% of its value over year. It's more demanding job then just holding gold or bitcoin, but it got many benefits.

investment property must use big capital money, so can't compare online trading, bitcoin trading or gold trading
and return 5-10%/year is very low
and i think youre rent property can't get return 10%/year, is under 10%

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i would suggest to invest 50 50 both in gold and bitcoins .it may be possible that the price of bitcoins may fall down drastically and vice versa and you have no other option left thats why it is suggestable to be keep both of them.

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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.

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Quote from: macartem on January 29, 2017, 04:48:24 PM

ONLY Gold

BTCis not a serious long term store of wealth.

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.

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