Bitcoin or gold? - page 269. | Bitcointalksearch.org

Sithara007

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Quote from: Yutikas_11920 on December 15, 2016, 08:34:32 AM

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.

Yutikas_11920

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Quote from: Sithara007 on December 15, 2016, 08:31:49 AM

Quote from: agamasrori on December 14, 2016, 10:26:57 PM

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

Sithara007

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Quote from: agamasrori on December 14, 2016, 10:26:57 PM

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.

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Quote from: agamasrori on December 14, 2016, 10:26:57 PM

Quote from: deisik on December 14, 2016, 01:25:47 PM

Quote from: South Park on December 14, 2016, 11:49:06 AM

Probably the worst characteristic of gold is that it can be easily confiscated by the government if another ban on ownership of gold were to be put in place, unlike bitcoin that can be very difficult to confiscate if you take the right measures.

Gold as an investment is most popular in the US, but there the possession of gold is said to be well correlated with the possession of guns, so come and take it. Apart from that, nowadays metallic gold can only inspire interest among gold bugs and central banks. Consequently, the government (by which we obviously mean the US government) doesn't need either to ban gold or confiscate it. Given the amount of paper gold out there, they could just directly affect the price of it, and no one apart from die-hard gold addicts will be interested in it any more. Hard assets are very vulnerable in this respect...

Just create a derivative market for them, and they are basically done with (whenever you need that, of course)

Gold was used since long long time ago as currency and it still worth now as an investment, but to get profit we need atleast 2 until 3 years latter. But I agree with you that use bitcoin give more control and freedom, government cannot confiscate it.

Therefore gold is more stable than bitcoin, however although we accept that reality, we still have our own asset to consider and that is bitcoin because we are hoping to get profit from investment in the future.

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Quote from: deisik on December 14, 2016, 01:25:47 PM

Quote from: South Park on December 14, 2016, 11:49:06 AM

Probably the worst characteristic of gold is that it can be easily confiscated by the government if another ban on ownership of gold were to be put in place, unlike bitcoin that can be very difficult to confiscate if you take the right measures.

Gold as an investment is most popular in the US, but there the possession of gold is said to be well correlated with the possession of guns, so come and take it. Apart from that, nowadays metallic gold can only inspire interest among gold bugs and central banks. Consequently, the government (by which we obviously mean the US government) doesn't need either to ban gold or confiscate it. Given the amount of paper gold out there, they could just directly affect the price of it, and no one apart from die-hard gold addicts will be interested in it any more. Hard assets are very vulnerable in this respect...

Just create a derivative market for them, and they are basically done with (whenever you need that, of course)

Gold was used since long long time ago as currency and it still worth now as an investment, but to get profit we need atleast 2 until 3 years latter. But I agree with you that use bitcoin give more control and freedom, government cannot confiscate it.

deisik

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Quote from: South Park on December 14, 2016, 11:49:06 AM

Probably the worst characteristic of gold is that it can be easily confiscated by the government if another ban on ownership of gold were to be put in place, unlike bitcoin that can be very difficult to confiscate if you take the right measures.

Gold as an investment is most popular in the US, but there the possession of gold is said to be well correlated with the possession of guns, so come and take it. Apart from that, nowadays metallic gold can only inspire interest among gold bugs and central banks. Consequently, the government (by which we obviously mean the US government) doesn't need either to ban gold or confiscate it. Given the amount of paper gold out there, they could just directly affect the price of it, and no one apart from die-hard gold addicts will be interested in it any more. Hard assets are very vulnerable in this respect...

Just create a derivative market for them, and they are basically done with (whenever you need that, of course)

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Quote from: South Park on December 14, 2016, 11:49:06 AM

Probably the worst characteristic of gold is that it can be easily confiscated by the government if another ban on ownership of gold were to be put in place, unlike bitcoin that can be very difficult to confiscate if you take the right measures.

It doesn't make sense for the government to confiscate Gold as result of a ban. Especially because of the fact that countries themselves are the largest holders of Gold. That's a scenario you don't have to worry about. In that regard, it's much more likely for governments to put a ban on Bitcoin. Bitcoin has the potential to disrupt their entire economy and banking system. It's very easy to transfer wealth from one country to another instantly 24/7. If you take that in mind, then for the governments there are only negative aspects.

South Park

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Quote from: noictib on December 14, 2016, 04:09:25 AM

Quote from: lakisis on December 13, 2016, 04:04:15 PM

Quote from: ?? on ??

I'd prefered both Grin

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.

I am also agree with both of your answer because the main thing in the Bitcoin and gold is its saving as an investment whose price increases daily ( some times fall of price ) .
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 .

Probably the worst characteristic of gold is that it can be easily confiscated by the government if another ban on ownership of gold were to be put in place, unlike bitcoin that can be very difficult to confiscate if you take the right measures.

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Quote from: fullypak on December 14, 2016, 05:20:32 AM

Quote from: Pattart on December 14, 2016, 05:13:43 AM

Quote from: coynedterm on December 14, 2016, 04:15:11 AM

Quote from: ?? on ??

it will be hard to choose between gold and btc even though btc could be die in any istant

I think you are wrong because , it is not much easy to destroy Bitcoin by anyone . Because Bitcoin is free from any law and anyone can use it without taking permission to anyone .
Secondly about millions of people are in this world who are making their daily lives with Bitcoin .
Si Bitcoin is more better than gold .

I think it's too naive to say bitcoin greater than gold. because both have different advantages, yeah I know bitcoin continues to grow and has millions of users continues to grow, but it can not serve as an excuse bitcoin better than gold

Instead of finding which one is better just invest in both of them and take the advantages. Both are good products to invest as of now because BTC prices go up and down quite fast compared to gold. So it is suitable for short-term trading, and some coins can keep it for the longer term as well. And gold always gives a good return over the longer period. I prefer to invest in both gold and bitcoins.

Only if you have the right amount of money needed to invest both, it's easy to say but hard to do because with gold investment alone you need a decent capital to start and to safeguard your investment.

virtualkeybuyer

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Quote from: Sithara007 on December 14, 2016, 06:06:28 AM

Quote from: fullypak on December 14, 2016, 05:20:32 AM

Instead of finding which one is better just invest in both of them and take the advantages. Both are good products to invest as of now because BTC prices go up and down quite fast compared to gold. So it is suitable for short-term trading, and some coins can keep it for the longer term as well. And gold always gives a good return over the longer period. I prefer to invest in both gold and bitcoins.

That is true. If you are investing in gold, then you must be patient to wait for 10 or 20 years to get a good ROI. On the other hand, even 2-3 years of investment in BTC will be enough to give you a decent return. Investing in BTC for more than 3 years is risky...

If we look at the investment of bitcoin then we cannot consider gold as an asset of investment as even after waiting for dozens of year the trader do not earn that much to rely only on the earnings from gold investment while if someone invest in gold then he can totally rely on bitcoin investment for his life.

Sithara007

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Quote from: fullypak on December 14, 2016, 05:20:32 AM

Instead of finding which one is better just invest in both of them and take the advantages. Both are good products to invest as of now because BTC prices go up and down quite fast compared to gold. So it is suitable for short-term trading, and some coins can keep it for the longer term as well. And gold always gives a good return over the longer period. I prefer to invest in both gold and bitcoins.

That is true. If you are investing in gold, then you must be patient to wait for 10 or 20 years to get a good ROI. On the other hand, even 2-3 years of investment in BTC will be enough to give you a decent return. Investing in BTC for more than 3 years is risky...

fullypak

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Quote from: Pattart on December 14, 2016, 05:13:43 AM

Quote from: coynedterm on December 14, 2016, 04:15:11 AM

Quote from: ?? on ??

it will be hard to choose between gold and btc even though btc could be die in any istant

I think you are wrong because , it is not much easy to destroy Bitcoin by anyone . Because Bitcoin is free from any law and anyone can use it without taking permission to anyone .
Secondly about millions of people are in this world who are making their daily lives with Bitcoin .
Si Bitcoin is more better than gold .

I think it's too naive to say bitcoin greater than gold. because both have different advantages, yeah I know bitcoin continues to grow and has millions of users continues to grow, but it can not serve as an excuse bitcoin better than gold

Instead of finding which one is better just invest in both of them and take the advantages. Both are good products to invest as of now because BTC prices go up and down quite fast compared to gold. So it is suitable for short-term trading, and some coins can keep it for the longer term as well. And gold always gives a good return over the longer period. I prefer to invest in both gold and bitcoins.

Pattart

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Quote from: coynedterm on December 14, 2016, 04:15:11 AM

Quote from: ?? on ??

it will be hard to choose between gold and btc even though btc could be die in any istant

I think you are wrong because , it is not much easy to destroy Bitcoin by anyone . Because Bitcoin is free from any law and anyone can use it without taking permission to anyone .
Secondly about millions of people are in this world who are making their daily lives with Bitcoin .
Si Bitcoin is more better than gold .

I think it's too naive to say bitcoin greater than gold. because both have different advantages, yeah I know bitcoin continues to grow and has millions of users continues to grow, but it can not serve as an excuse bitcoin better than gold

coynedterm

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Quote from: ?? on ??

it will be hard to choose between gold and btc even though btc could be die in any istant

I think you are wrong because , it is not much easy to destroy Bitcoin by anyone . Because Bitcoin is free from any law and anyone can use it without taking permission to anyone .
Secondly about millions of people are in this world who are making their daily lives with Bitcoin .
Si Bitcoin is more better than gold .

noictib

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Quote from: lakisis on December 13, 2016, 04:04:15 PM

Quote from: ?? on ??

I'd prefered both Grin

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.

I am also agree with both of your answer because the main thing in the Bitcoin and gold is its saving as an investment whose price increases daily ( some times fall of price ) .
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 .

Cangkeman Wae

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Why when there's a bitcoin people always compare with other investments? Surely we can't directly redirecting all the things we got for bitcoin, my advice is to keep the gold, because gold is a very good investment, and you can sell anytime, anyone and anywhere.

lakisis

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Quote from: ?? on ??

I'd prefered both Grin

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.

deisik

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Quote from: South Park on December 13, 2016, 11:40:34 AM

Quote from: bikbik2 on December 10, 2016, 12:02:04 PM

Quote from: South Park on December 10, 2016, 11:47:47 AM

Quote from: john2231 on December 09, 2016, 06:41:57 PM

Quote from: X-ray on December 09, 2016, 06:36:43 PM

Quote from: anasis on December 09, 2016, 02:51:26 PM

Gold in the past few years did not have a decent stable, but no one can accuse the gold is that it is the currency that might lose value. In any development of the situation will be the price of gold.

Gold had been proved as a rare thing and have such a high value more than centuries ago and how you can say that gold in the psat few years didn't have "a decent stable" . it's had been proven to stay on its value and always stable. many rich people in 1900s have invested into gold and fortunately they got what they deserve

Those who are leaving in past year they actually making a good profit with gold in this year if you are just newbie or starting to collect gold just for now small amount of gold can not give you large profit unless if you can buy a large numbers of gold bars that can gives you more profit the more they are old.. this is just like antique things that the more their old the more they are expensive..
For wise decision i just choose bitcoin because of cheap price and fast movement price than gold..

Gold is not supposed to be used as a way to speculate, it is a way to store the value of your wealth and you are expected to hold it for a long time maybe even your entire lifetime, if you want profits fast then no doubt bitcoin is the best option.

This is the case of gold on paper, and if it is in your safe deposit box or in your pocket, then there is nothing better than gold. In all circumstances gold remains material.

That is true but paper gold is not gold, is just a way for speculators to try to make fast money out of gold without having any gold in store and is also a way to keep the price of gold lower than it may be.

Though I agree with that on the whole, namely, that paper gold could lower the price of physical gold since paper gold effectively increases the amount of gold being traded, both physical and paper. In reality, though, it can cut both ways. Paper gold may actually support the price of physical metal by creating artificial demand for it, for example, when stocks and currencies crash and people start massively hedging their open positions in these markets by buying gold derivatives like futures and options (which are collectively known as paper gold)

But in any case, all paper will burn in the end

South Park

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Quote from: bikbik2 on December 10, 2016, 12:02:04 PM

Quote from: South Park on December 10, 2016, 11:47:47 AM

Quote from: john2231 on December 09, 2016, 06:41:57 PM

Quote from: X-ray on December 09, 2016, 06:36:43 PM

Quote from: anasis on December 09, 2016, 02:51:26 PM

Gold in the past few years did not have a decent stable, but no one can accuse the gold is that it is the currency that might lose value. In any development of the situation will be the price of gold.

Gold had been proved as a rare thing and have such a high value more than centuries ago and how you can say that gold in the psat few years didn't have "a decent stable" . it's had been proven to stay on its value and always stable. many rich people in 1900s have invested into gold and fortunately they got what they deserve

Those who are leaving in past year they actually making a good profit with gold in this year if you are just newbie or starting to collect gold just for now small amount of gold can not give you large profit unless if you can buy a large numbers of gold bars that can gives you more profit the more they are old.. this is just like antique things that the more their old the more they are expensive..
For wise decision i just choose bitcoin because of cheap price and fast movement price than gold..

Gold is not supposed to be used as a way to speculate, it is a way to store the value of your wealth and you are expected to hold it for a long time maybe even your entire lifetime, if you want profits fast then no doubt bitcoin is the best option.

This is the case of gold on paper, and if it is in your safe deposit box or in your pocket, then there is nothing better than gold. In all circumstances gold remains material.

That is true but paper gold is not gold, is just a way for speculators to try to make fast money out of gold without having any gold in store and is also a way to keep the price of gold lower than it may be.

Positid

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Quote from: lol3c on December 11, 2016, 09:31:36 PM

Quote from: MMA on December 11, 2016, 08:05:17 PM

Quote from: shamzblueworld on December 09, 2016, 11:28:53 PM

I'd say most of it to Gold but a some to bitcoin too. Gold is steady and will remain like that in the future as well, whereas bitcoin, no one knows. So I'll put some amount in it, the amount I'll be okay to lose if it happens but not all. Because its risky.
But if it all goes positively for bitcoin, I think in 10 years time, a bitcoin would be worth a lot more than any other competitor.

to me i think gold is a best option but for saving only and not for investment, to me if you want some investment then bitcoin will the good option for you, as bitcoin can really make you rich in a very little time.

I agree. Gold is too stable and it is not affected by other FIAT or inflation. Thus, it is better for saving money but not for investment. Holding bitcoin for a long term is the best-investing strategy right now since Bitcoin price keeps increasing day by day. In the future, It may cross $2000 according to many pieces of research and experts. No doubt that at present, Bitcoin is more valuable than gold

And we hope that the trend will continue so we can get a good profit of our investment. If this will not dump then the price like $2,000 would be easy to reach and if we do not panic to sell also.

Topic: Bitcoin or gold? - page 269. (Read 984470 times)