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Topic: Bitcoin or gold? - page 263. (Read 984470 times)

legendary
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January 01, 2017, 07:07:13 AM
I wouldn't necessary choose between Bitcoin and gold in favour of just one of these things. You have to watch the market closely how the prices are moving and then choose the most profitable thing. I would split my investment between Bitcoins and gold in ratio that is most favorable at the moment but I would choose both.
legendary
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January 01, 2017, 06:49:33 AM
I hope people who know its true worth will not even try to invest in gold instead of bitcoins.

Do you think that the institutional investors, who chose gold over bitcoin are complete idiots? At least those investors, who purchased Bitcoins for $1,200 per coin in 2014 would disagree with you.
hero member
Activity: 1008
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January 01, 2017, 03:21:40 AM
Definitely, i would invest in bitcoin than gold. Even though, Bitcoin has just  crossed 7 to 8 years of its initial stage, still it has potential of reaching million dollars. I hope people who know its true worth will not even try to invest in gold instead of bitcoins.
Bitcoin is very likely that the price will be much higher than now. see bitcoin is not too well known necessarily bitcoin prices will continue to rise in accordance popularity. and if you want to be patient. investment in bitcoin bound to benefit
hero member
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January 01, 2017, 12:49:44 AM
Bitcoin or gold well we all have different tastes\preferences but bitcoin for me is the new gold and gold has to many negatives for me for example air or radioactive pollution during mining process though its internationally recognized while bitcoin on the other hand has green written all over it which is gold for the environment and our wallets!
sr. member
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January 01, 2017, 12:45:47 AM
Definitely, i would invest in bitcoin than gold. Even though, Bitcoin has just  crossed 7 to 8 years of its initial stage, still it has potential of reaching million dollars. I hope people who know its true worth will not even try to invest in gold instead of bitcoins.
hero member
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January 01, 2017, 12:21:37 AM
I am pretty sure, by looking at the current high prices, then everyone would think that bitcoin is still better than gold. Well, it proved when many users of gold, refocus on bitcoin. but it might be better if we use both of them for a bigger profit. we can come from a bitcoin to profit in the short term, while gold profits in the long term.
bitcoin price is still below the gold, so is the price of bitcoin is still inferior to gold, but the possibility of profit in the short term, bitcoin is preferred because it has to fluctuations that can rapidly
sr. member
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December 31, 2016, 08:48:54 PM
I am pretty sure, by looking at the current high prices, then everyone would think that bitcoin is still better than gold. Well, it proved when many users of gold, refocus on bitcoin. but it might be better if we use both of them for a bigger profit. we can come from a bitcoin to profit in the short term, while gold profits in the long term.
That becouse bitcoin price is move so quick and the trend is always positive . Thats why a lot of people pretend bitcoin as good investment to grow their money. Although gold is more secure than bitcoin but it is type of long term investment that need big financial capital.
hero member
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December 31, 2016, 05:16:47 PM
i think bitcoin more beneficial than gold because bitcoin increasing its price quickly than gold.
i agree with you and you are right that bitcoin is much more beneficial than gold, because bitcoin increasing its price too much faster and you can hold your bitcoin for high price for short time and gold price move to up very much slowly so bitcoin is better than gold.
but the importance of gold cannot be ignore, gold is so stable as compare to bitcoin and therefore most people use it to keep their investment safe. although it cannot give you a good profit that bitcoin can give but still gold is more reliable and trusted for keeping money safe.
member
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December 31, 2016, 10:52:33 AM
Of course than only answer can be bitcoin!
sr. member
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December 31, 2016, 10:41:00 AM
I am pretty sure, by looking at the current high prices, then everyone would think that bitcoin is still better than gold. Well, it proved when many users of gold, refocus on bitcoin. but it might be better if we use both of them for a bigger profit. we can come from a bitcoin to profit in the short term, while gold profits in the long term.
hero member
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December 31, 2016, 04:53:01 AM
i think bitcoin more beneficial than gold because bitcoin increasing its price quickly than gold.
i agree with you and you are right that bitcoin is much more beneficial than gold, because bitcoin increasing its price too much faster and you can hold your bitcoin for high price for short time and gold price move to up very much slowly so bitcoin is better than gold.
which makes different bitcoin with gold is because bitcoin prices more volatile or fluctuating, it makes bitcoin is more profitable in the near future, in contrast to the price of gold whose price tends to be stable

its true and i am agree with, because bitcoin can be move from one wallet into another wallet and the price is going to be increase. but for the most people in over the world, they only know gold than bitcoin because they think that gold will be their last investment for the money without they thinking about another good of investment.
hero member
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December 31, 2016, 04:24:45 AM
i think bitcoin more beneficial than gold because bitcoin increasing its price quickly than gold.
i agree with you and you are right that bitcoin is much more beneficial than gold, because bitcoin increasing its price too much faster and you can hold your bitcoin for high price for short time and gold price move to up very much slowly so bitcoin is better than gold.
which makes different bitcoin with gold is because bitcoin prices more volatile or fluctuating, it makes bitcoin is more profitable in the near future, in contrast to the price of gold whose price tends to be stable
hero member
Activity: 518
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December 31, 2016, 04:15:29 AM
i think bitcoin more beneficial than gold because bitcoin increasing its price quickly than gold.
i agree with you and you are right that bitcoin is much more beneficial than gold, because bitcoin increasing its price too much faster and you can hold your bitcoin for high price for short time and gold price move to up very much slowly so bitcoin is better than gold.
I agree, it may be for businesses in the short term, we prefer bitcoin than gold, it is because we are the ones who dare to take risks. Well, does gold have a small risk and gold always has a price, but, takes a long time to make a profit from it. I mostly look for bitcoin than gold, so I feel it is the best.
Even for the long term investment, I rather choose Bitcoin than Gold. Bitcoin is more potential and more effective which can be used online, can be considered as a type of saving money, can be held to get some profits. If you buy gold, you can not use it both online and in the physical world.
sr. member
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December 31, 2016, 04:05:16 AM
i think bitcoin more beneficial than gold because bitcoin increasing its price quickly than gold.
i agree with you and you are right that bitcoin is much more beneficial than gold, because bitcoin increasing its price too much faster and you can hold your bitcoin for high price for short time and gold price move to up very much slowly so bitcoin is better than gold.
I agree, it may be for businesses in the short term, we prefer bitcoin than gold, it is because we are the ones who dare to take risks. Well, does gold have a small risk and gold always has a price, but, takes a long time to make a profit from it. I mostly look for bitcoin than gold, so I feel it is the best.

Bitcoin for the poor? )))) And the gold for the rich. joke. But the truth is that serious investors keep their assets in gold
hero member
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December 31, 2016, 03:21:30 AM
i think bitcoin more beneficial than gold because bitcoin increasing its price quickly than gold.
i agree with you and you are right that bitcoin is much more beneficial than gold, because bitcoin increasing its price too much faster and you can hold your bitcoin for high price for short time and gold price move to up very much slowly so bitcoin is better than gold.
I agree, it may be for businesses in the short term, we prefer bitcoin than gold, it is because we are the ones who dare to take risks. Well, does gold have a small risk and gold always has a price, but, takes a long time to make a profit from it. I mostly look for bitcoin than gold, so I feel it is the best.

Even though price of bitcoin is increasing rapidly still it doesn't mean that it is now beneficial with gold. With my point of view, gold is still one of the best investment in the world but luckily only those people who afford to invest expensively. So, we may say that bitcoin is better today than gold because it is just in favor of us who are into bitcoins.
legendary
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December 31, 2016, 02:05:06 AM
i think bitcoin more beneficial than gold because bitcoin increasing its price quickly than gold.
i agree with you and you are right that bitcoin is much more beneficial than gold, because bitcoin increasing its price too much faster and you can hold your bitcoin for high price for short time and gold price move to up very much slowly so bitcoin is better than gold.
I agree, it may be for businesses in the short term, we prefer bitcoin than gold, it is because we are the ones who dare to take risks. Well, does gold have a small risk and gold always has a price, but, takes a long time to make a profit from it. I mostly look for bitcoin than gold, so I feel it is the best.
hero member
Activity: 1190
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December 31, 2016, 01:29:27 AM
i think bitcoin more beneficial than gold because bitcoin increasing its price quickly than gold.
i agree with you and you are right that bitcoin is much more beneficial than gold, because bitcoin increasing its price too much faster and you can hold your bitcoin for high price for short time and gold price move to up very much slowly so bitcoin is better than gold.
legendary
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December 27, 2016, 05:35:03 PM
My opinion is that bitcoin has more room to grow than gold. So it would be wise to go for bitcoin. If you wish to further diversify your portfolio, then add some gold to your holdings.

Its true that Bitcoin has a large potential to grow your wealth, but also nowadays, many countries are getting band and also its volatile and many other factors making it too risky. So, Gold is obviously safe sided holding. But a risk taker will always choose Bitcoin to invest in.
We don't want to play safe all the time, gold is only good when you have a lot of money to invest as you are already satisfied even with small amount of growth. For people like us who does not have a lot but hoping your grow our money fast, we see that bitcoin can offer than to us.

Gold is an investment which is suitable for anyone. It doesn't matter whether you have $50 or $50,000 with you. And it is one of the safest form of investment. From the market trends, at least a 5% annualized return is guaranteed with gold. The same can't be said about Bitcoin. There is a chance that you will lose up to 80% of your investment, if something goes wrong.

The bolded part is demonstrably false. Gold is not a guaranteed return, and further, it's not 5% annualized! First, no return is guaranteed. Having a guaranteed return defies the laws of economics. All investments are varying degrees of risk, and that risk means a loss of capital. There is no such thing as a risk-free investment, not in gold, and not in anything else. More importantly, gold has lost significant value at times, and recently too.
hero member
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December 27, 2016, 04:08:41 PM
I don't trust Bitcoin, so for me it is going to be 90% gold and 10% bitcoin. Right now, most of my savings are in the form of bullion coins / bars. I have no intention of selling them and investing in any other asset.

Maybe you are right, it's your money and of course you can do with them whatever you want but as you know the price of gold is not that stable too. In fact it has dropped more than 25% since January 2013.

You are right about this but I think gold is still a lot more stable than the bitcoin, the bitcoin never been stable and it can collapse easily.
I think he bitcoin is too weak to be even compared with gold, they are both different things and most likely never will come close to each other.
Overall I think the bitcoin will be good to invest in but I also think this with the bitcoin.
hero member
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December 27, 2016, 04:07:39 PM
Definitely bitcoin cause im not a trader of gold and not using gold even before. Bitcoin will be more  powerfull than gold someday.
you are right that bitcoin is very stronger and powerful and there is a lot of people are buying bitcoin and then holding their for the future because bitcoin will be more increasing its price too much faster in the future and then bitcoin users will be get a big profit from bitcoin.
Although Bitcoin is powerful, it is too fluctuated. Gold has existed on this planet since the earth was created and its prices can not easily be changed. In the future, maybe, maybe there is a chance ( with small percentage ) that Bitcoin price will drop even less then 100$ per coin.
I think the presence of a thing is not important but the value of a thing is important, gold is more stable that bitcoin no doubt about this but it is a fact that gold cannot give you profit in a short period of time in which gold can give you. Therefore to me I think if we want to make money then we have to select bitcoin.
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