India is not wanting its citizens to avoid taxes or use of government money which effectively becomes a tax, its extremely common there to exchange gold instead of currency as its seen as a true form of wealth and paper just momentary receipts for a transaction.
Both India and China have great natural demand for gold and respect as savings, its one of the main reason you should consider gold if in the west. If you believe any balance of power would go further east then previously and these countries will have great purchasing power then gold will become worth more as it is more used.
India is very likely to grow its GDP and China will develop, China government buys gold continually and has for a decade and India central bank has taken on gold also
Topic: Bitcoin or gold? - page 268. (Read 984457 times)
if I choose, I would choose gold because he can be used as an accessory and long-term investments, but if it's short-term investments and for internet purposes I chose BTC
The gold can be confiscated easily. It happend in the US and it is happening now in India. The governments have rights to do that.
What makes the US and Indian government to confiscate gold? Unless it is being smuggled they have the rights to confiscate that, but without basis that can be against the trading code and human rights for not allowing them to use jewelry and use it as a source of their living and the government doesn't have the rights for confiscating private properties without due process.
My country gold is a commodity for foreign countries, and exploit a large scale, it may be in your country can do a huge revolution, all countries are corrupt
if I choose, I would choose gold because he can be used as an accessory and long-term investments, but if it's short-term investments and for internet purposes I chose BTC
The gold can be confiscated easily. It happend in the US and it is happening now in India. The governments have rights to do that.
What makes the US and Indian government to confiscate gold? Unless it is being smuggled they have the rights to confiscate that, but without basis that can be against the trading code and human rights for not allowing them to use jewelry and use it as a source of their living and the government doesn't have the rights for confiscating private properties without due process.
if I choose, I would choose gold because he can be used as an accessory and long-term investments, but if it's short-term investments and for internet purposes I chose BTC
The gold can be confiscated easily. It happend in the US and it is happening now in India. The governments have rights to do that.
if I choose, I would choose gold because he can be used as an accessory and long-term investments, but if it's short-term investments and for internet purposes I chose BTC
I like them both but I think that the bitcoin is good but gold is better because its more secure if you know what I mean.
Yes I was also so, I use gold for the long term, I would not leave the gold although many lucrative investment in a short time like bitcoin or altcoin. I very afraid of being too quick to profit later if loss is also fast. Gold investment that there is never death, so my main choice anyway.
I like them both but I think that the bitcoin is good but gold is better because its more secure if you know what I mean.
Yes I was also so, I use gold for the long term, I would not leave the gold although many lucrative investment in a short time like bitcoin or altcoin. I very afraid of being too quick to profit later if loss is also fast. Gold investment that there is never death, so my main choice anyway.
I would pick bitcoin over gold has its easily exchangeable and the value seems to gain at a faster rate than gold is doing
I agree. Bitcoin at this moment is increasing its price faster than gold can increase, gold can't give us the same return bitcoin is giving. Faster profit now with bitcoins, clever investment with certain of profit.
I'm not saying gold is bad, but we must consider what can give us better returns at this moment. Maybe in a while gold will be worthing more than bitcoins, when this day comes I will exchange my bitcoins into gold, but not now.
Gold mostly acts as a hedge against inflation, and Bitcoin is highly volatile. We've had a sustained bull market here and everyone is back to thinking that it can never go down again, just like 2011 before it crashed. When everyone is universally optimistic, it's often a sign of a bubble.
Yes, Bitcoin unstable, but we see a trend of price growth. And it goes on for several years. Therefore, we can talk about some Bitcoins stability. Gold is stable, but it does not bring quick profit
I would pick bitcoin over gold has its easily exchangeable and the value seems to gain at a faster rate than gold is doing
I agree. Bitcoin at this moment is increasing its price faster than gold can increase, gold can't give us the same return bitcoin is giving. Faster profit now with bitcoins, clever investment with certain of profit.
I'm not saying gold is bad, but we must consider what can give us better returns at this moment. Maybe in a while gold will be worthing more than bitcoins, when this day comes I will exchange my bitcoins into gold, but not now.
Gold mostly acts as a hedge against inflation, and Bitcoin is highly volatile. We've had a sustained bull market here and everyone is back to thinking that it can never go down again, just like 2011 before it crashed. When everyone is universally optimistic, it's often a sign of a bubble.
I'd prefered both 
i agree with you and i also like both but there is maximum people want to get profit with fast and we know that just bitcoin increasing its price too much faster and just bitcoin can give us a good profit quickly in short time and gold is increasing its price too much slow and we can not get profit quickly from gold in short time.So both of them are good to accept .
Since in Bitcoin we can invest and store without taxation but in gold there are some restrictions to hold in much amount as an investment .
How is it so much easier to confiscate gold? First of all, Bitcoin doesn't have to be "confiscated," banning it would be effective. If all these payment processors whobdeal with Bitcoin become outlawed, it will make it hard to move money into Bitcoin, and cause a mass exodus as people liquidate to protect their money from losing value as the price of Bitcoin collapses. You couldn't "confiscate" it, but you could drive the value down so far as to make it virtually worthless or too worthless to bother with the risk of dealing in a banned currency. That can be done as easily, or probably much easier, than finding and confiscating physical gold.
I would pick bitcoin over gold has its easily exchangeable and the value seems to gain at a faster rate than gold is doing
I agree. Bitcoin at this moment is increasing its price faster than gold can increase, gold can't give us the same return bitcoin is giving. Faster profit now with bitcoins, clever investment with certain of profit.
I'm not saying gold is bad, but we must consider what can give us better returns at this moment. Maybe in a while gold will be worthing more than bitcoins, when this day comes I will exchange my bitcoins into gold, but not now.
I like them both but I think that the bitcoin is good but gold is better because its more secure if you know what I mean.
Yes I was also so, I use gold for the long term, I would not leave the gold although many lucrative investment in a short time like bitcoin or altcoin. I very afraid of being too quick to profit later if loss is also fast. Gold investment that there is never death, so my main choice anyway.
I like them both but I think that the bitcoin is good but gold is better because its more secure if you know what I mean.
I would pick bitcoin over gold has its easily exchangeable and the value seems to gain at a faster rate than gold is doing
I agree. Bitcoin at this moment is increasing its price faster than gold can increase, gold can't give us the same return bitcoin is giving. Faster profit now with bitcoins, clever investment with certain of profit.
I'm not saying gold is bad, but we must consider what can give us better returns at this moment. Maybe in a while gold will be worthing more than bitcoins, when this day comes I will exchange my bitcoins into gold, but not now.
But I agree with you that use bitcoin give more control and freedom, government cannot confiscate it.
There are exceptions. Gold bullion is quite easy to hide, and this makes it hard for the government to confiscate it. It is also very hard to confiscate Bitcoins, but there have been well known incidents when that happened. An example is the FBI confiscating Ross Ulbricht's coins from the Silk Road.
I would pick bitcoin over gold has its easily exchangeable and the value seems to gain at a faster rate than gold is doing
I never see that gold can be hidden safely. Because gold is the physical goods and where we store it will definitely be with easy to find, because in terms of physical gold is visible and in terms of the elements forming the gold we can search for it with the tools that are already berbedar. And for bitcoin then I think it is not yet possible to confiscate, as are digital and the FBI bitcoin can not enter into the system because it contains no bitcoin can enter
There are risks associated with both of them. Since gold is a physical asset, someone can steal it after over-powering the owner. But for stealing Bitcoins, the thief needs not be present at the site. He can steal them online, if he manages to hack in to the private key.
But I agree with you that use bitcoin give more control and freedom, government cannot confiscate it.
There are exceptions. Gold bullion is quite easy to hide, and this makes it hard for the government to confiscate it. It is also very hard to confiscate Bitcoins, but there have been well known incidents when that happened. An example is the FBI confiscating Ross Ulbricht's coins from the Silk Road.
I never see that gold can be hidden safely. Because gold is the physical goods and where we store it will definitely be with easy to find, because in terms of physical gold is visible and in terms of the elements forming the gold we can search for it with the tools that are already berbedar. And for bitcoin then I think it is not yet possible to confiscate, as are digital and the FBI bitcoin can not enter into the system because it contains no bitcoin can enter
Bitcoin is totally digital, and about Gold one can buy Physical as well as Electronically. So at some point it can be hidden, but also it is possible for the government to know how much you possess. But Bitcoin now is much better option to think for investing, for both financially and safely.
I never see that gold can be hidden safely. Because gold is the physical goods and where we store it will definitely be with easy to find, because in terms of physical gold is visible and in terms of the elements forming the gold we can search for it with the tools that are already berbedar. And for bitcoin then I think it is not yet possible to confiscate, as are digital and the FBI bitcoin can not enter into the system because it contains no bitcoin can enter
There are risks associated with both of them. Since gold is a physical asset, someone can steal it after over-powering the owner. But for stealing Bitcoins, the thief needs not be present at the site. He can steal them online, if he manages to hack in to the private key.
Not just the private keys even any site that has a large vault of bitcoins hacker can steal them, if you can remember what happened to bitfinex. Both two have their own advantages and it depends on how you are going to see them good. But for me, I will not drag myself more to gold, I will stick with bitcoin now, because it is very promising.
bitcoin
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