Bitcoin or gold? - page 272. | Bitcointalksearch.org

raven7886

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Quote from: BigBos on December 06, 2016, 04:32:32 AM

choice between gold and bitcoin, I prefer bitcoin. Well, I see that the potential of bitcoin is greater in comparison with gold. for now, we can make a lot of income by leveraging bitcoin exchanger, or what we call the trading. You can also invest in long-term use bitcoin, but we never know whether the price will go up or not

Another factor is that when you sell gold the shop owner takes some commission as making charges and hence you loose everytime you buy and sell bitcoins but with bitcoins you do not have to pay any fees at all when buying and same when selling.
Added to this the price changes usually gives profit only if someone has patience.

Cactushrt

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Gold is more pricey than bitcoin but if 10 years from id rather choose bitcoin we can't tell if the price of bitcoin will be more pricey 5 times from gold. Bitcoins also no more hassle if you have online transactions

Rinder

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The risk at bitcoin are something real, and till the moment there isnt any currencie that has made what bitcoin made, the jump into value, one single coin worth 700 dollars, and the huge potencial to grow on the next years, makes bitcoin the best investment if you have to choose between gold and bitcoin. Gold has its time, sure people like to store their money at it but the potencial has been already explored, and well even being volatil as well doesnt have the potencial as bitcoin.

enhu

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Quote from: agamasrori on December 07, 2016, 09:49:28 AM

Quote from: BigBos on December 06, 2016, 04:32:32 AM

choice between gold and bitcoin, I prefer bitcoin. Well, I see that the potential of bitcoin is greater in comparison with gold. for now, we can make a lot of income by leveraging bitcoin exchanger, or what we call the trading. You can also invest in long-term use bitcoin, but we never know whether the price will go up or not

Although if we choose bitcoin to be an investment in a long time is litle bit risky but the chance to get bigger profit is better than gold. Also we don't need to have big financial capital.

The chance to grow in short period of time is bitcoin's advantage and i mean its now ALMOST $800 while early this year it was just $400. But then there is XAUR as well which we can easily move to BTC too. One should consider XAUR for its price is stable for a year it does dip but moves backup right after.

agamasrori

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Quote from: BigBos on December 06, 2016, 04:32:32 AM

choice between gold and bitcoin, I prefer bitcoin. Well, I see that the potential of bitcoin is greater in comparison with gold. for now, we can make a lot of income by leveraging bitcoin exchanger, or what we call the trading. You can also invest in long-term use bitcoin, but we never know whether the price will go up or not

Although if we choose bitcoin to be an investment in a long time is litle bit risky but the chance to get bigger profit is better than gold. Also we don't need to have big financial capital.

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Quote from: South Park on December 06, 2016, 04:52:50 PM

Quote from: Sithara007 on December 03, 2016, 12:26:39 PM

Quote from: South Park on December 02, 2016, 09:10:27 PM

I will add that silver is also a good option to invest, in fact out of the two gold and silver, silver was the one with the most circulation, basically meaning it was used on more transactions because people used to store their gold.

I don't consider silver as an investment asset. Most of the mine production of silver is used for purposes such as industrial usage, electronics.etc. Only a small part is converted in to bullion bars/coins. It is not a very rare metal, at least when compared to other precious metals such as gold, platinum, palladium and iridium.

But most of the uses of silver destroy the silver unlike gold in which most of the uses of gold keep gold intact so we can reuse it later, so well silver may not be as rare as gold in my opinion it's still a good investment.

I think gold is also a good investment indeed because we don't need am with price because each year the gold will surely increase unlike bitcoin which are always moving up and down, but a bitcoin can produce in a short time difference with gold to await

South Park

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Quote from: Sithara007 on December 03, 2016, 12:26:39 PM

Quote from: South Park on December 02, 2016, 09:10:27 PM

I will add that silver is also a good option to invest, in fact out of the two gold and silver, silver was the one with the most circulation, basically meaning it was used on more transactions because people used to store their gold.

I don't consider silver as an investment asset. Most of the mine production of silver is used for purposes such as industrial usage, electronics.etc. Only a small part is converted in to bullion bars/coins. It is not a very rare metal, at least when compared to other precious metals such as gold, platinum, palladium and iridium.

But most of the uses of silver destroy the silver unlike gold in which most of the uses of gold keep gold intact so we can reuse it later, so well silver may not be as rare as gold in my opinion it's still a good investment.

BigBos

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choice between gold and bitcoin, I prefer bitcoin. Well, I see that the potential of bitcoin is greater in comparison with gold. for now, we can make a lot of income by leveraging bitcoin exchanger, or what we call the trading. You can also invest in long-term use bitcoin, but we never know whether the price will go up or not

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Quote from: shine1123 on December 06, 2016, 02:06:15 AM

If i must choose, i rather pick gold than bitcoin, because many people around the world already know about gold than bitcoin. In the other hand, many people still don't know about bitcoin even the price of each bitcoin is really expensive. I want pick that two bitcoin and gold though.

Picking both thing would be the best thing to do since we knew that these things have the potential to rise up its price in the future. Yes,gold is known by most people on the world as a precious metal and its very valuable thing and price is high too but bitcoin could able to break even that value even they are different since its a currency and a natural metal.

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If i must choose, i rather pick gold than bitcoin, because many people around the world already know about gold than bitcoin. In the other hand, many people still don't know about bitcoin even the price of each bitcoin is really expensive. I want pick that two bitcoin and gold though.

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Quote from: genos on December 05, 2016, 01:33:27 AM

Its depend on the purpose. If we wants short term investment we should choose bitcoin but if we wants long term investment we should choose gold.

You need to define how short the short-term is. If you mean a time interval of two to three years, then Bitcoin may be suited for such a purpose. But if you are planning to sell the coins after 2-3 months, then it won't be such a good idea to invest in BTC.

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Quote from: iqlimasyadiqa on December 05, 2016, 07:28:27 AM

Quote from: klf on December 05, 2016, 05:51:16 AM

Quote from: genos on December 05, 2016, 01:33:27 AM

Its depend on the purpose. If we wants short term investment we should choose bitcoin but if we wants long term investment we should choose gold.

There is not guaranty that in short term bitcoins always gives profit because if prices go down for some known reason then no one can tell you how long it may take to recover back to this level. Just diversify your money into few different products to take the advantage of different markets. I have invested in both gold and bitcoins.

all investments do have risks. but bitcoin has a plus value. if we dare then we can get a huge advantage. it is not yet certain, but the opportunity was there and open !! . bitcoin gives us an option to invest.

Yeah true, gold have a bad trends lately keep turning down since last year
When bitcoin keep growing every year, it's pretty clear which one you must to choose
Also i heard in china they increase the tax for gold holders
It's make bitcoin demand increased as the best alternative besides gold.

ZlaiaZaia

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Often bitcoin compared with gold's the only difference between them is that the gold material, and bitcoin not. Maybe this is the only negative bitcoin.

iqlimasyadiqa

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Quote from: klf on December 05, 2016, 05:51:16 AM

Quote from: genos on December 05, 2016, 01:33:27 AM

Its depend on the purpose. If we wants short term investment we should choose bitcoin but if we wants long term investment we should choose gold.

There is not guaranty that in short term bitcoins always gives profit because if prices go down for some known reason then no one can tell you how long it may take to recover back to this level. Just diversify your money into few different products to take the advantage of different markets. I have invested in both gold and bitcoins.

all investments do have risks. but bitcoin has a plus value. if we dare then we can get a huge advantage. it is not yet certain, but the opportunity was there and open !! . bitcoin gives us an option to invest.

8Habits

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Quote from: klf on December 05, 2016, 05:51:16 AM

Quote from: genos on December 05, 2016, 01:33:27 AM

Its depend on the purpose. If we wants short term investment we should choose bitcoin but if we wants long term investment we should choose gold.

There is not guaranty that in short term bitcoins always gives profit because if prices go down for some known reason then no one can tell you how long it may take to recover back to this level. Just diversify your money into few different products to take the advantage of different markets. I have invested in both gold and bitcoins.

That is the best thing to do - we need to diversify when it comes to investing. We don't want to lose all of our investment on one product that we are invested the moment the same will going down. But if we diversify our investment, then even if certain product is going down, other products will compensate the losses..

klf

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Quote from: genos on December 05, 2016, 01:33:27 AM

Its depend on the purpose. If we wants short term investment we should choose bitcoin but if we wants long term investment we should choose gold.

There is not guaranty that in short term bitcoins always gives profit because if prices go down for some known reason then no one can tell you how long it may take to recover back to this level. Just diversify your money into few different products to take the advantage of different markets. I have invested in both gold and bitcoins.

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Quote from: Positid on December 04, 2016, 08:45:21 PM

Quote from: richardsNY on December 04, 2016, 07:08:06 PM

Quote from: ?? on ??

frankly, I do not know how to develop the gold into something beneficial in quick time, while bitcoin, has many options to make it a lot more, such as using it for investments or business

Gold is mostly being used as a long term store of value tool by the average person and large scale investors, and not to book quick profits. That's something you should keep in mind. Bitcoin operates on a completely other level at this point. Bitcoin is sufficient enough to offer people the short term profits that they so badly love. With that in mind it's fairly easy to assume that both options attract different types of people.

Gold is safer for long term investment as it guaranteed you profit,however most of the investors are not in the level to invest with gold. We want to grow our money fast and good thing here's bitcoin to realize that for us, we need to learn how the market move so we can take advantage and earn profit.

the one who want to grow their money fastly are those who in need of money. i think rich investor aren't in hurry so they can make a wise decision and having such a long term investment will not going to be a problem. and some investor whose money is not that much would prefer gold for safety reason and for future purpose

genos

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Any store can buy, sell, and accept Crypto

Its depend on the purpose. If we wants short term investment we should choose bitcoin but if we wants long term investment we should choose gold.

icecube45

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Quote from: Japinat on December 04, 2016, 07:46:30 AM

Quote from: icecube45 on December 04, 2016, 07:29:50 AM

Quote from: Liad.Services on December 02, 2016, 06:26:47 AM

Quote from: icecube45 on December 02, 2016, 05:20:28 AM

Quote from: iram3130 on December 02, 2016, 03:49:52 AM

Quote from: Liad.Services on December 02, 2016, 02:23:10 AM

I think that investing in cryptocurrencies is considered to be a high risk investment as gold is tends to be much more stable then cryptocurrncies.
If you invest in bitcoin keep in your mind that you can lose everything in a flash light.

I guess Gold is not a safe investment in some countries.
http://www.newindianexpress.com/business/2016/nov/25/prime-minister-modis-next-surgical-strike-on-domestic-gold-holdings-1542518.html
Though it will be a good investment if you pay full taxes, it may take much more years to gain profit..

Yes indeed if we want to get a good profit when investing in gold we have to hold it for a long time, because gold is a long-term investment that should be save in the long term. Maybe I do not understand gold investments in several countries, including unsafe, but in my country is very popular gold investment and a lot of people do it. Because it will be can get great profits.

That's right, but don't forget the gold is also more stable and you are most likely to lose a lot of money or earn a lot of money if you keep gold.

Bitcoin, at the other hand, can gain you a lot of money in no time, but can also make you lose quite a lot.

Yes very true, because it is the risk of bitcoin and gold. It is very reasonable because the investment risk is quite large if it fails. Therefore the investment in gold and bitcoin need skills in view of the price so that we can minimize losses. Because according to me all investments there are risks, because every investment there must be risk.

Investment in short are taking risk to grow our money, however between bitcoin and gold it's obvious that it was known to us already that bitcoin is the riskier one as it's new in the market and is not yet recognize by the government as a property or currency but gold is very stable and with recognition by the IMF.

Yes indeed, bitcoin is still new in the market and do not get recognition from the government. So it still has a very big risk than gold that has gained recognition from the IMF. But with great risk does not mean no profit at all, we can still get profit but should be more careful. It is better to invest in gold, but I think the investment in bitcoin I guess that could be tried, which is important stay cautious and continually learning fluctuations.

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Quote from: richardsNY on December 04, 2016, 07:08:06 PM

Quote from: ?? on ??

frankly, I do not know how to develop the gold into something beneficial in quick time, while bitcoin, has many options to make it a lot more, such as using it for investments or business

Gold is mostly being used as a long term store of value tool by the average person and large scale investors, and not to book quick profits. That's something you should keep in mind. Bitcoin operates on a completely other level at this point. Bitcoin is sufficient enough to offer people the short term profits that they so badly love. With that in mind it's fairly easy to assume that both options attract different types of people.

Gold is safer for long term investment as it guaranteed you profit,however most of the investors are not in the level to invest with gold. We want to grow our money fast and good thing here's bitcoin to realize that for us, we need to learn how the market move so we can take advantage and earn profit.

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