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Topic: Bitcoin or gold? - page 273. (Read 984470 times)

legendary
Activity: 1232
Merit: 1091
December 04, 2016, 07:08:06 PM
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.
sr. member
Activity: 350
Merit: 250
December 04, 2016, 06:49:18 PM
What is more important, and for whom all decide for themselves. Bitcoin and gold. Some blame the new currency to make life easier for criminals and drug dealers, the other - in the economic revolution, and others - praise the idea of ​​globalism and anonymity. But the truth lies elsewhere. What's more profitable to each of us.
You cannot blame bitcoin for making life easier for criminals and drug dealers it is really making life easier for the common people too.If you start complaining about the negatives even fiat currency is used to fund terrorism ,drugs and other criminal activities. Gold is a physical asset and i will use bitcoin as a digital asset
full member
Activity: 194
Merit: 100
December 04, 2016, 04:58:51 PM
Tip all never give up in favor of the gold cryptocurrency. It is better to have both. But gold is ever under any circumstances.
But just need to accept that kriptovaljuta is the future of the modern world.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
December 04, 2016, 04:57:10 PM
I would prefer gold, gold price keeps higher and higher as every year ends. My friend told me that i must invest in gold right now for a better future. I dont get what he wants me to do.
Well, gold has several advantages of the bitcoin. Gold has a price that is very stable. in addition, the price of gold will also rise if the longer you keep it. in contrast to bitcoin, which has a price that is not stable, and we know, the price will go up or not. but, bitcoin is very good to be utilized within a short time. Well, I prefer to keep both

Gold price is far from being stable by any metric, even by Bitcoin standards, though Bitcoin price is more volatile on the same time scale, of course. But if we make allowances for the time during which gold has been around and how old, or rather young, Bitcoin is, gold could actually surpass Bitcoin in volatility. In fact, gold is also quite prone to severe price fluctuations, though they are more rare on average than Bitcoin fluctuations...

You should just look at the bigger picture to see that
Yet Bitcoin I would prefer to make money, and gold to invest money in it. I understand that Bitcoin today is better, but the gold material, and it is important for me.
Gold never loses its value. Gold is not affected by changing technology, gold does not depend on the presence or absence of electricity, the Internet, types of operating systems, data format, spilled coffee or any decisions of any country. In the long term gold has always only shows growth and there is always a demand!

You are in for a big surprise mate

Gold has been losing value for the last 100 years (you said something about long-term, if I'm not mistaken) with sweeping downfalls and spectacular surges along the way, but still on the way down most of the time. And the fact that it was not affected by technology (which is debatable) and that it didn't depend on the presence or absence of electricity or any decisions of any country (this is debatable too) didn't help it much exactly where it was expected to shine the brightest, i.e. in its use as a store of value. It failed miserably
sr. member
Activity: 252
Merit: 250
December 04, 2016, 04:21:42 PM
I would prefer gold, gold price keeps higher and higher as every year ends. My friend told me that i must invest in gold right now for a better future. I dont get what he wants me to do.
Well, gold has several advantages of the bitcoin. Gold has a price that is very stable. in addition, the price of gold will also rise if the longer you keep it. in contrast to bitcoin, which has a price that is not stable, and we know, the price will go up or not. but, bitcoin is very good to be utilized within a short time. Well, I prefer to keep both

Gold price is far from being stable by any metric, even by Bitcoin standards, though Bitcoin price is more volatile on the same time scale, of course. But if we make allowances for the time during which gold has been around and how old, or rather young, Bitcoin is, gold could actually surpass Bitcoin in volatility. In fact, gold is also quite prone to severe price fluctuations, though they are more rare on average than Bitcoin fluctuations...

You should just look at the bigger picture to see that
Yet Bitcoin I would prefer to make money, and gold to invest money in it. I understand that Bitcoin today is better, but the gold material, and it is important for me.
Gold never loses its value. Gold is not affected by changing technology, gold does not depend on the presence or absence of electricity, the Internet, types of operating systems, data format, spilled coffee or any decisions of any country. In the long term gold has always only shows growth and there is always a demand!
full member
Activity: 138
Merit: 100
December 04, 2016, 03:58:54 PM
I would prefer gold, gold price keeps higher and higher as every year ends. My friend told me that i must invest in gold right now for a better future. I dont get what he wants me to do.
Well, gold has several advantages of the bitcoin. Gold has a price that is very stable. in addition, the price of gold will also rise if the longer you keep it. in contrast to bitcoin, which has a price that is not stable, and we know, the price will go up or not. but, bitcoin is very good to be utilized within a short time. Well, I prefer to keep both

Gold price is far from being stable by any metric, even by Bitcoin standards, though Bitcoin price is more volatile on the same time scale, of course. But if we make allowances for the time during which gold has been around and how old, or rather young, Bitcoin is, gold could actually surpass Bitcoin in volatility. In fact, gold is also quite prone to severe price fluctuations, though they are more rare on average than Bitcoin fluctuations...

You should just look at the bigger picture to see that
Yet Bitcoin I would prefer to make money, and gold to invest money in it. I understand that Bitcoin today is better, but the gold material, and it is important for me.
full member
Activity: 164
Merit: 100
December 04, 2016, 02:37:30 PM
What is more important, and for whom all decide for themselves. Bitcoin and gold. Some blame the new currency to make life easier for criminals and drug dealers, the other - in the economic revolution, and others - praise the idea of ​​globalism and anonymity. But the truth lies elsewhere. What's more profitable to each of us.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
December 04, 2016, 02:33:10 PM
I would prefer gold, gold price keeps higher and higher as every year ends. My friend told me that i must invest in gold right now for a better future. I dont get what he wants me to do.
Well, gold has several advantages of the bitcoin. Gold has a price that is very stable. in addition, the price of gold will also rise if the longer you keep it. in contrast to bitcoin, which has a price that is not stable, and we know, the price will go up or not. but, bitcoin is very good to be utilized within a short time. Well, I prefer to keep both

Gold price is far from being stable by any metric, even by Bitcoin standards, though Bitcoin price is more volatile on the same time scale, of course. But if we make allowances for the time during which gold has been around and how old, or rather young, Bitcoin is, gold could actually surpass Bitcoin in volatility. In fact, gold is also quite prone to severe price fluctuations, though they are more rare on average than Bitcoin price fluctuations...

You should just look at the bigger picture to see that
full member
Activity: 196
Merit: 100
December 04, 2016, 01:34:24 PM
Actually Bitcoin and gold are very similar. After all, both have their limited number and the value is the same as a commodity rather than a currency.
i do not think that these both bitcoin and gold are similar because bitcoin is crypto currency and gold is metal and we can not use gold for online shopping as currency like as bitcoin because bitcoin is much more modern currency and gold is just precious metal.
full member
Activity: 195
Merit: 100
December 04, 2016, 12:52:13 PM
Actually Bitcoin and gold are very similar. After all, both have their limited number and the value is the same as a commodity rather than a currency.
legendary
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
December 04, 2016, 08:45:53 AM
I would prefer gold, gold price keeps higher and higher as every year ends. My friend told me that i must invest in gold right now for a better future. I dont get what he wants me to do.
Well, gold has several advantages of the bitcoin. Gold has a price that is very stable. in addition, the price of gold will also rise if the longer you keep it. in contrast to bitcoin, which has a price that is not stable, and we know, the price will go up or not. but, bitcoin is very good to be utilized within a short time. Well, I prefer to keep both
There's no question that gold is the better investment when it comes to long term investment. However, for investors who does not have a good amount capital to invest with gold, bitcoin is always the better option as it can give you a good profit when you just trust it.
hero member
Activity: 1204
Merit: 500
December 04, 2016, 07:52:50 AM
I would prefer gold, gold price keeps higher and higher as every year ends. My friend told me that i must invest in gold right now for a better future. I dont get what he wants me to do.
Well, gold has several advantages of the bitcoin. Gold has a price that is very stable. in addition, the price of gold will also rise if the longer you keep it. in contrast to bitcoin, which has a price that is not stable, and we know, the price will go up or not. but, bitcoin is very good to be utilized within a short time. Well, I prefer to keep both
hero member
Activity: 3052
Merit: 685
December 04, 2016, 07:46:30 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.
legendary
Activity: 1218
Merit: 1000
December 04, 2016, 07:29:50 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.
sr. member
Activity: 588
Merit: 250
December 04, 2016, 07:21:13 AM
Both, because the two of that can be converted into a real money.  Grin


yes... But bitcoin is higher value than gold...
I dont know the value of gold as of today..
newbie
Activity: 56
Merit: 0
December 04, 2016, 07:09:31 AM
Both, because the two of that can be converted into a real money.  Grin
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
December 04, 2016, 06:47:18 AM
Both for definite, the thing is, both have their plus and minus points, in this day and age Bitcoin and cryptocurrencies are far more practical but if the world does end you'll still want to have gold and silver on hand just in case, it's also a lot easier to store crypto's for the long run.
I think gold is such as long term investment type becouse it is need a few years to see the significant profit. But bitcoin price is move really quickly so we get bigger chance to get significant profit in a short time. I do not have big capital now,  so I choose bitcoin.

gold is also the same as many other markets and it goes up and down like other markets. in other words you can get in when there is a dip and then buy at a much lower price and sell when there are some certain situations going on the world that can lead to a Gold price rise and then sell for a good profit and it won't take years but maybe a month or even less in some cases.
sr. member
Activity: 364
Merit: 250
December 04, 2016, 06:31:22 AM
Both for definite, the thing is, both have their plus and minus points, in this day and age Bitcoin and cryptocurrencies are far more practical but if the world does end you'll still want to have gold and silver on hand just in case, it's also a lot easier to store crypto's for the long run.
I think gold is such as long term investment type becouse it is need a few years to see the significant profit. But bitcoin price is move really quickly so we get bigger chance to get significant profit in a short time. I do not have big capital now,  so I choose bitcoin.
full member
Activity: 140
Merit: 100
December 04, 2016, 06:17:12 AM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I would go with bitcoin on this one, simply because it is hard to transfer, carry or safekeep an actual goldbar unlike a digital currency like bitcoin although the probability of it being hacked is always there but if you make the necessary precaution to avoid it then it would be just fine.
hero member
Activity: 658
Merit: 505
December 04, 2016, 05:54:08 AM
Bitcoin and gold are both good investment to my opinion. I wouldn't choose between these two things but split my funds on both of them. In fact investing in bitcoins and gold it's similar- prices are volatile and the best profit is in long term. The difference is that you can touch gold, it's physical goods, but you can't touch bitcoins.
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