Bitcoin or gold? - page 251. | Bitcointalksearch.org

carlerha

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Quote from: laredo7mm on January 28, 2017, 04:26:39 PM

Quote from: Carmen_Sandiego on January 28, 2017, 10:40:21 AM

Quote from: AUDREY23 on January 26, 2017, 07:23:42 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 certainly would choose bitcoin, but with bitcoin records may be used for investment should not only be kept until a certain time, certainly bitcoin will be more beneficial when compared to gold

I would prefer to diversify, but probably most of the investment would be made in Bitcoin. Both Bitcoin and gold are good ways to store value, but Bitcoin is capable of something that gold can not do, which is the ability to be sent over the internet easily and in a decentralized way. I think that makes things a lot easier.

Yeah bitcoin is far better then gold as an investment and the best thing about bitcoin is it can be sent or received across the globe and if you have good skills you can also earn them without making any investment which is never possible with gold and bitcoin can also give us huge profits in future comparatively gold is stable and profits would be limited upto a certain extent.

i will also choose bitcoin. actually gold is so stable and we can see a very slight increase or decrease in the price of gold, while bitcoin always give us chance to make more and more money, when the price of bitcoin goes up. we can also invest bitcoin in trading alt coin which is a also a good mean of making money.

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Quote from: laredo7mm on January 28, 2017, 04:26:39 PM

Quote from: Carmen_Sandiego on January 28, 2017, 10:40:21 AM

Quote from: AUDREY23 on January 26, 2017, 07:23:42 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 certainly would choose bitcoin, but with bitcoin records may be used for investment should not only be kept until a certain time, certainly bitcoin will be more beneficial when compared to gold

I would prefer to diversify, but probably most of the investment would be made in Bitcoin. Both Bitcoin and gold are good ways to store value, but Bitcoin is capable of something that gold can not do, which is the ability to be sent over the internet easily and in a decentralized way. I think that makes things a lot easier.

Yeah bitcoin is far better then gold as an investment and the best thing about bitcoin is it can be sent or received across the globe and if you have good skills you can also earn them without making any investment which is never possible with gold and bitcoin can also give us huge profits in future comparatively gold is stable and profits would be limited upto a certain extent.

Gold could be earned without investment as well. It is, after all, a naturally occurring element. You could physically mine for gold the same way you can digitally mine for bitcoin. Given the difficulty of the algorithm at this point, you might be more likely to find gold in the ground than solve a block reward, unless you've spent thousands of dollars on ASICs, but then that wouldn't be an investment-free income at that point.

laredo7mm

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Quote from: Carmen_Sandiego on January 28, 2017, 10:40:21 AM

Quote from: AUDREY23 on January 26, 2017, 07:23:42 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 certainly would choose bitcoin, but with bitcoin records may be used for investment should not only be kept until a certain time, certainly bitcoin will be more beneficial when compared to gold

I would prefer to diversify, but probably most of the investment would be made in Bitcoin. Both Bitcoin and gold are good ways to store value, but Bitcoin is capable of something that gold can not do, which is the ability to be sent over the internet easily and in a decentralized way. I think that makes things a lot easier.

Yeah bitcoin is far better then gold as an investment and the best thing about bitcoin is it can be sent or received across the globe and if you have good skills you can also earn them without making any investment which is never possible with gold and bitcoin can also give us huge profits in future comparatively gold is stable and profits would be limited upto a certain extent.

Carmen_Sandiego

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Quote from: AUDREY23 on January 26, 2017, 07:23:42 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 certainly would choose bitcoin, but with bitcoin records may be used for investment should not only be kept until a certain time, certainly bitcoin will be more beneficial when compared to gold

I would prefer to diversify, but probably most of the investment would be made in Bitcoin. Both Bitcoin and gold are good ways to store value, but Bitcoin is capable of something that gold can not do, which is the ability to be sent over the internet easily and in a decentralized way. I think that makes things a lot easier.

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Quote from: basesaw on January 26, 2017, 09:06:59 PM

Quote from: youdacapt on January 26, 2017, 08:39:31 PM

Gold is a passive investment, while bitcoin is the opposite.

So, indeed we have to be smart to distinguish it. As we know, end of 2016 bitcoin riding high once, then down to date, there is no guarantee if we don't continue to use it in business. So the best investment is gold. residential land is a next good alternative investment.

why dont you just invest on all your need first. gold is not your first priority. better invest on the long time and the needs of your family such as clothes, shelter and more. we should always think first before investing. if you invest in gold and you dont have enough money for your food then you get hungry, you cant just pull out your investment to gold that easy.

We are talking about investing for long term and not the needs of primary and secondary, and the topics covered here are gold or bitcoin. Of course, for food and clothing have been met and will not be discussed in more complicated. You've been out of discussion topic.

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Quote from: youdacapt on January 26, 2017, 08:39:31 PM

Quote from: AUDREY23 on January 26, 2017, 07:23:42 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 certainly would choose bitcoin, but with bitcoin records may be used for investment should not only be kept until a certain time, certainly bitcoin will be more beneficial when compared to gold

Gold is a passive investment, while bitcoin is the opposite.

So, indeed we have to be smart to distinguish it. As we know, end of 2016 bitcoin riding high once, then down to date, there is no guarantee if we don't continue to use it in business. So the best investment is gold. residential land is a next good alternative investment.

why dont you just invest on all your need first. gold is not your first priority. better invest on the long time and the needs of your family such as clothes, shelter and more. we should always think first before investing. if you invest in gold and you dont have enough money for your food then you get hungry, you cant just pull out your investment to gold that easy.

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Quote from: AUDREY23 on January 26, 2017, 07:23:42 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 certainly would choose bitcoin, but with bitcoin records may be used for investment should not only be kept until a certain time, certainly bitcoin will be more beneficial when compared to gold

Gold is a passive investment, while bitcoin is the opposite.

So, indeed we have to be smart to distinguish it. As we know, end of 2016 bitcoin riding high once, then down to date, there is no guarantee if we don't continue to use it in business. So the best investment is gold. residential land is a next good alternative investment.

AUDREY23

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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 certainly would choose bitcoin, but with bitcoin records may be used for investment should not only be kept until a certain time, certainly bitcoin will be more beneficial when compared to gold

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Quote from: deppil on January 26, 2017, 06:32:28 PM

yeah i think bitcoin will be more profitable because bitcoin is not in the golden age, so it is very likely the price of bitcoin will rise 2-3 times as much as possible, so the potential of bitcoin is greater than gold

When you talking about the price maybe you can on bitcoin side because if i see right the price of bitcoin relative increase each year to year. But I can't totally trust in bitcoin I doubt if whenever bitcoin suddenly unworthy anymore. Gold is very trusted rather than bitcoin as well.

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Bitcoin is less established but gold is not used by many people also. I think the growth potential for both is possibly equal, both are alternates to the dollar which is now the world reserve.

Gold because its already been a world reserve currency, its not an alien transition with uncertainty. Its just a return to the norm of what was backing for all currencies upto the the 1970's

Bitcoin growth is reliant on a very digital world highly connected, very much about convenience and rapid velocity of money within that system. It has problems and sticking points it must overcome, some changes must be made for its true move to common use

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Quote from: Kotone on January 26, 2017, 10:16:21 AM

Quote from: HarryKPeters on January 16, 2017, 10:08:10 AM

Gold is a great asset if you are no into risk, which is why hold gold, however bitcoin is an greater asset when it comes down to potential,earnings and innovation.
Which is why most of my assets are into bitcoin.

It's really great asset if your country supply of gold is really good when you can hold bitcoin this is really good business because of the price is really stable and lots of features about gold not liek bitcoin , some country banned it and unstable price.

yeah i think bitcoin will be more profitable because bitcoin is not in the golden age, so it is very likely the price of bitcoin will rise 2-3 times as much as possible, so the potential of bitcoin is greater than gold

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For seriously large investments that would like to maintain value at least and not aiming for high profit I would say Gold, having already maintained value for as long as humans knew about it, Bitcoin is an interesting investment with high profit and high risk..

bitcoin for now still has a lot of doubt for common people .

they say it is not recommended to invest in bitcoin as it has very high risk , when gold have been popular for long time ago. for that reason yes if you don't want to take a higher level of risk then just go for gold, but if you are a true investor , go for bitcoin.

Gold is a precious metal and its value will be eternal. I believe in the future of bitcoin and its popularity, only I can not entrust their life savings cryptocurrency. But gold is another matter.

There are no eternal truths about the value of gold , when the situation changes like there is a clean water crisis, gold gonna be worthless. if you have visited a middle east countries you will know how the condition changes value.

there a good water have more value than fuel, so does in bitcoin, when the situation changes , bitcoin are really needed the value will be worthy.

Yes, but considering that gold is now has a much bigger market cap than bitcoin, I don't see how bitcoin is going to overcome gold at the near future.
Anyway it would be really interesting to see

Well, you're right. may, in fact gold is still better than bitcoin. probably because gold has been reliable since the first. in fact, gold has always had a very high price, and the risk is very small when storing. there is always a great advantage if holding gold. but, at the moment I still choose bitcoin for my use. in my opinion, bitcoin is more easily developed than gold.

as time goes by the trends can changes when now people feel insecure store their value in bitcoin and better to put their money in gold which basically gives them a full of secure feeling (lower risk) .

in the future bitcoin can leading the investment market once people urgently need this financial technology.

From the hedging function and practicality, the value of bitcoin is far better than gold. However, bitcoin market penetration is still to be strengthened.

yes i believe something good will happen soon in bitcoin, we just don't know when and what it is , the potential of bitcoin itself has spokes quite much so far , a lot of people come and put their fiat into bitcoin for miscellaneous reasons.

but still a lot of people feel comfy holding gold rather than using bitcoin no matter as investment or as currency.

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Bitcoin, however, pose a real threat to the gold. It is in the top of the news, the price rises. A little while, and the price of bitcoin exceeds the price of an ounce of gold.
Will bitcoin continue to grow, resulting in rapidly displace gold? In favor of bitcoin that it has many properties of gold.
I can say that the portability is the biggest advantage of gold. You can move a large amount of wealth, which consists in relatively small amount of gold. And gold is easy to store, and relatively easy to hide.
Bitcoin has the same properties. Now you don't even need to smuggle the gold to avoid detection by the government. The ability to move money in digital form opens up a new way for criminals or people who fear detection by the authorities. Now they can transfer the money without any problems.

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Quote from: darkseid1199 on January 26, 2017, 01:20:01 PM

I'd say Gold, its the better option and very steady, no wonder many countries buy it in bulk as a safe resort.

Yes, you are right, gold is always highly appreciated. But we have a great chance to invest in cryptocurrency, which is priced the same way. But not so much stable

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I'd say Gold, its the better option and very steady, no wonder many countries buy it in bulk as a safe resort.

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Quote from: bryant.coleman on January 26, 2017, 01:06:14 PM

Quote from: just_Alice on January 26, 2017, 11:18:47 AM

I think despite the fact that gold is the past and Bitcoin is future, gold is still a good investment. It might lose some value in the future but it will definitely not lose a lot.

Do you have any solid reason to suspect that the value of gold will decline in the future? According to the market experts, the gold price is going to increase by as much as 200% during the next 3 years. The reason is that the mine supply of gold is continuously declining, and at the same time the demand (especially from China and India) is increasing.

I also heard that gold will rise in price. And the process will begin in the middle of 2017 year. But it is only predictions, and every man must decide to believe it or not

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Quote from: just_Alice on January 26, 2017, 11:18:47 AM

I think despite the fact that gold is the past and Bitcoin is future, gold is still a good investment. It might lose some value in the future but it will definitely not lose a lot.

Do you have any solid reason to suspect that the value of gold will decline in the future? According to the market experts, the gold price is going to increase by as much as 200% during the next 3 years. The reason is that the mine supply of gold is continuously declining, and at the same time the demand (especially from China and India) is increasing.

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Quote from: just_Alice on January 26, 2017, 11:18:47 AM

I think despite the fact that gold is the past and Bitcoin is future, gold is still a good investment. It might lose some value in the future but it will definitely not lose a lot. But I think BTC is a better investment because it has much more potential to rise in the future than gold has.

Just like the sayings, oldies but goodies. Gold has already one of the oldest investments in the world and proven that it can give you a good life. But as the world is also fast, modern technology is coming out, bitcoin has given us a better option on how we are going to live freely and wealthy (only if you are holding a lot of it).

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I think despite the fact that gold is the past and Bitcoin is future, gold is still a good investment. It might lose some value in the future but it will definitely not lose a lot. But I think BTC is a better investment because it has much more potential to rise in the future than gold has.

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i would prefer to have both since these things are good on making money either for longer or short term specially to bitcoin. Its really hard to decide on just choosing one thing because we all know that gold does really have a high value which only depreciates a little and more on increasing its price as the time goes by and with bitcoin we could see that its price rose in a short period of time which is really good to make as an investment.

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