Bitcoin or gold? - page 252. | Bitcointalksearch.org

Rostadom

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Quote from: Schuyler on January 26, 2017, 10:58:33 AM

I would still prefer gold because of the many tangible benefits it possesses. Show it to someone and they would recognize its value and I can readily exchange it for other valuable stuff. Bitcoin is a good investment but there are still very few merchants accepting it. Maybe a few years from now when bitcoin becomes more popular, it can be compared better with gold.

That is incorrect unless everybody in your place carries a weighing scale around (maybe in some alternate universe that exists but not here) and has an internet connection to check how much per gram does it cost. Otherwise, they can't just recognize its value by simply looking at it. Show it to someone and they know that it's valuable but it's almost impossible that they can readily exchange it for some other stuff.

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Quote from: Schuyler on January 26, 2017, 10:58:33 AM

I would still prefer gold because of the many tangible benefits it possesses. Show it to someone and they would recognize its value and I can readily exchange it for other valuable stuff. Bitcoin is a good investment but there are still very few merchants accepting it. Maybe a few years from now when bitcoin becomes more popular, it can be compared better with gold.

Well, I can not say that it is not a good thing. but gold really makes people who have become rich, especially if you have lots of gold. but, it can also be done with bitcoin, because you can make a lot of money from bitcoin in a short time, by way of trade and many other ways. but, have both probably will be better

Kotone

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Quote from: HarryKPeters on January 16, 2017, 11:08:10 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.

Schuyler

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I would still prefer gold because of the many tangible benefits it possesses. Show it to someone and they would recognize its value and I can readily exchange it for other valuable stuff. Bitcoin is a good investment but there are still very few merchants accepting it. Maybe a few years from now when bitcoin becomes more popular, it can be compared better with gold.

rchstr

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Quote from: webtricks on January 26, 2017, 10:45:02 AM

Gold was past, Bitcoin is present and to be honest can't say for future.

Bitcoin is performing very well. It has shown its caliber in the past 6-7 years. But 10 years is too long period to say about Bitcoin prediction. If you have asked about next 2 years then my answer would have Bitcoin but in 10 years lot can happen. Bitcoin may become illegal, its supply may damage, we may get better alternative so nothing to say for 10 long years.
So for 10 years, I will go for Gold. However, return maybe 5-20% at most!

gold will always be gold, we could say that we use gold as a expensive kind of metal and we know that every nation is basing their wealth in their stock gold. but bitcoin is not trending because it's price is now going up. demand is going high and the users is now going denser. we could also say that it is not the peak yet. bitcoin is just in its momentum. maybe bitcoin will take up long years in the online world.

choppork

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Quote from: webtricks on January 26, 2017, 10:45:02 AM

Gold was past, Bitcoin is present and to be honest can't say for future.

Bitcoin is performing very well. It has shown its caliber in the past 6-7 years. But 10 years is too long period to say about Bitcoin prediction. If you have asked about next 2 years then my answer would have Bitcoin but in 10 years lot can happen. Bitcoin may become illegal, its supply may damage, we may get better alternative so nothing to say for 10 long years.
So for 10 years, I will go for Gold. However, return maybe 5-20% at most!

First of all, gold isn't the past. It's actually the present and it'll still be used in the future and in the far far future simply because we need it in our appliances, our gadgets, etc. Bitcoin isn't even present. If anything, it's the future. We can't say it's the "present" because we're still pretty low in population. It's not yet mainstream.

We already have better alternatives for bitcoin and it's altcoins. In terms of transaction time, which is everyone's problem with bitcoin, altcoins are much better. It's just the usability, and the number of people accepting altcoins that made them defeated by bitcoins. Maybe not all of them are good alternatives, but you get the point.

You're aware that 5-20% return after 10 years isn't a good investment, right? That's nothing compared to how much you can earn from bitcoins. You don't even have to wait for 10 years to get that kind of return in bitcoins.

webtricks

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Gold was past, Bitcoin is present and to be honest can't say for future.

Bitcoin is performing very well. It has shown its caliber in the past 6-7 years. But 10 years is too long period to say about Bitcoin prediction. If you have asked about next 2 years then my answer would have Bitcoin but in 10 years lot can happen. Bitcoin may become illegal, its supply may damage, we may get better alternative so nothing to say for 10 long years.
So for 10 years, I will go for Gold. However, return maybe 5-20% at most!

Coin_trader

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in any given circumstances, i will choose gold over bitcoin, for i can get something from gold whereever i am, i can trade it with anything even when there is no technology involve unlike the bitcoin which you can not access without the internet connection, so it's useless on those remote areas not yet reached by the information technology.

Superways

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Quote from: izanagi narukami on January 20, 2017, 01:52:11 PM

At the moment, I choose bitcoin over gold since bitcoin has higher value recently but still consider as risky investment
Unfortunately , many people still not aware of bitcoin since my goverment still forbid bitcoin usage so I hope by seeing bitcoin value recent;y , they can accept bitcoin on the future

That is really beneficial to adopt bitcoin rather than gold but according to my views bitcoin investment is not risky because the price and demand in going positive. All of those who will invest in bitcoin will not be disappointed in the future because it proved from the history that bitcoin always give profit to its investors.

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Quote from: Question123 on January 25, 2017, 08:21:08 PM

Investing in in bitcoin is more potential to increase your money but its very risky because the bitcoin price dump and increasing. Investing in gold is good and less risky but the potential to increase is very less but your money for sure is safe if you choose gold. I think both is good.

How come? Gold is a natural resource and we sure are going to eventually have shortage on it. Maybe not sometime soon but if you're looking for a long term investment, gold is something good to go with.

Gold is being used in a lot of things in technology and we all know that the technology business is booming right now. We all want new phones, new laptop, etc. and all of those have some gold parts. Gold is being used by the rich people as decorations, for fashion, etc. And since we're using a lot of gold, it'll become really scarce and scarcity would certainly increase the price of gold.

Gold has just so much use and not just simply for trading that's why you're sure that it would not decrease drastically in value.

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Quote from: Question123 on January 25, 2017, 08:21:08 PM

Investing in in bitcoin is more potential to increase your money but its very risky because the bitcoin price dump and increasing. Investing in gold is good and less risky but the potential to increase is very less but your money for sure is safe if you choose gold. I think both is good.

Gold has been a reliable store of value for many centuries. Gold served as a safe haven, a refuge, a way of storing wealth, and laundering / hiding money from the government throughout history. It continues to maintain its value and, in fact, showed tremendous growth from the turn of the century until 2011. More reliable would be to keep at least part of your wealth in the asset that are not based on the authority of the government or the Central Bank to preserve its value.

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Quote from: RussiaIsBest on January 26, 2017, 04:53:43 AM

Choose bitcoin only because it is cryptocurrency which have big changes in price in short amount of time what is perfect for everybody.

No. That makes it not suitable for everyone. What happens if the exchange rate drops suddenly by 75%? It has happened earlier, and it can happen now as well. During the 2013-16 period, the exchange rates went down from $1,200+ per coin to $230 per coin.

Quote from: RussiaIsBest on January 26, 2017, 04:53:43 AM

Gold wallet is good only for advertise to make more money.

That's what everyone want, right? We want to make more money, i.e profit out of our investments.

RussiaIsBest

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Choose bitcoin only because it is cryptocurrency which have big changes in price in short amount of time what is perfect for everybody.Gold wallet is good only for advertise to make more money.

t2yax

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Quote from: lienfaye on January 26, 2017, 04:30:06 AM

Quote from: Question123 on January 25, 2017, 08:21:08 PM

Investing in in bitcoin is more potential to increase your money but its very risky because the bitcoin price dump and increasing. Investing in gold is good and less risky but the potential to increase is very less but your money for sure is safe if you choose gold. I think both is good.

If you prefer gold, the earnings is for sure but it will take a long time before you have it thats why gold is good for long term. bitcoin on the other hand is a good investment opportunity but its risky.

We should know what will be the best on hand, whether it is gold or bitcoin, we all know the we want a lot or huge money to earn on. I think gold is enough, but the bitcoin still be on its own value to consider, because sometimes in can go on to its highest peak

lienfaye

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Quote from: Question123 on January 25, 2017, 08:21:08 PM

Investing in in bitcoin is more potential to increase your money but its very risky because the bitcoin price dump and increasing. Investing in gold is good and less risky but the potential to increase is very less but your money for sure is safe if you choose gold. I think both is good.

If you prefer gold, the earnings is for sure but it will take a long time before you have it thats why gold is good for long term. bitcoin on the other hand is a good investment opportunity but its risky.

asdin66fa

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Quote from: EdenHazard on January 25, 2017, 06:59:20 PM

Quote from: hawkins on January 20, 2017, 03:18:20 AM

Quote from: Liad.Services on January 20, 2017, 03:07:42 AM

Quote from: EdenHazard on January 20, 2017, 03:04:59 AM

Quote from: manyuta on January 19, 2017, 06:26:14 PM

Quote from: EdenHazard on January 19, 2017, 06:17:28 PM

Quote from: jackshephard on January 19, 2017, 05:45:55 PM

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.

Question123

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Investing in in bitcoin is more potential to increase your money but its very risky because the bitcoin price dump and increasing. Investing in gold is good and less risky but the potential to increase is very less but your money for sure is safe if you choose gold. I think both is good.

Tanic

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It may be reasonable to keep a small portion of their wealth in gold as a hedge against the collapse of the national currency and other unexpected tragedies. Gold is able to resist inflation for a long time, preserving the richness, though not increasing it. On the other hand, bitcoin is difficult to assess. In fact, its value must be either 0$ or some value approaching infinity. In view of the extreme shortage of bitcoins in the world (7.4 billion people worldwide, only 21 million bitcoins), the price will be extremely high if they will replace the gold and become the main alternative to money issued by the government.
However, there is a greater risk that the price of bitcoin will fall to zero if some other digital currency will replace it, regulators will be able to destroy it, some problems with code will make it functionally useless, or else who knows what will happen. I believe, is to place 1-2% of the funds in bitcoin and store them, hoping that they will continue to grow. But don't do this with how many large sums, the value of bitcoin is far from gold.

EdenHazard

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Quote from: hawkins on January 20, 2017, 03:18:20 AM

Quote from: Liad.Services on January 20, 2017, 03:07:42 AM

Quote from: EdenHazard on January 20, 2017, 03:04:59 AM

Quote from: manyuta on January 19, 2017, 06:26:14 PM

Quote from: EdenHazard on January 19, 2017, 06:17:28 PM

Quote from: jackshephard on January 19, 2017, 05:45:55 PM

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.

kwuccduck

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Quote from: EdenHazard on January 20, 2017, 03:04:59 AM

Quote from: manyuta on January 19, 2017, 06:26:14 PM

Quote from: EdenHazard on January 19, 2017, 06:17:28 PM

Quote from: jackshephard on January 19, 2017, 05:45:55 PM

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.

Everything that now brings good profit, at some point, or disappear, or lose its relevance. Whether it's just gold or black gold. But only one will disappear, and the other will be like thousands of years ago. Here in this case, the bitcoin can not resist.

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