Topic: Bitcoin or gold? - page 274. (Read 984449 times)
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.
You cant compare gold vs bitcoin, one its digital asset while the other is material asset, people to trust into gold, people dont know bitcoin and dont trust into it. Bitcoin has a huge potencial to break and cross the limits it had achieved in the past of 1200 dollars, over the next years, and maybe at next halving. Gold looks wont go no where from the limit it has achieved, gold has a huge period which made it worth a lot, but now its stable, and looks like those wont change.
only comparation return of invest use bitcoin or gold is no problem
but another return of invest, and all in to comparation is not fair
because bitcoin is online comodity not real comodity or digital curency, gold is real comodity, can physic
BTC.
Just for the rush lol
But BTC might become smth dope in the future.
Just for the rush lol
But BTC might become smth dope in the future.
Bitcoin now is very popular, and many can not imagine their life without it.
I, too, choosing between these two objects choose Bitcoin for the reason that its price is rising faster than the price of gold
BTC.
Just for the rush lol
But BTC might become smth dope in the future.
Just for the rush lol
But BTC might become smth dope in the future.
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.
You cant compare gold vs bitcoin, one its digital asset while the other is material asset, people to trust into gold, people dont know bitcoin and dont trust into it. Bitcoin has a huge potencial to break and cross the limits it had achieved in the past of 1200 dollars, over the next years, and maybe at next halving. Gold looks wont go no where from the limit it has achieved, gold has a huge period which made it worth a lot, but now its stable, and looks like those wont change.
We have to think about that
I know that many gold bugs as well as those heavily sympathizing with them will strongly disagree with that point, but if we are to be honest to ourselves, gold hasn't been performing very well on the whole, at least, for the last 40 years. In fact, its performance was subpar at best. Whenever the price of gold had been surging, it was mainly due to the US dollar in which its price is quoted going down and losing purchasing power, i.e. not gold itself appreciating on its own
Gold, used to be standard behind the fiat currency, so what I mean is that the U.S dollar was backed by GOLD, now you can print the money whenever you like. For me, currently I would rank GOLD as number one, Bitcoin as number two and, fiat as number three.
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.
You cant compare gold vs bitcoin, one its digital asset while the other is material asset, people to trust into gold, people dont know bitcoin and dont trust into it. Bitcoin has a huge potencial to break and cross the limits it had achieved in the past of 1200 dollars, over the next years, and maybe at next halving. Gold looks wont go no where from the limit it has achieved, gold has a huge period which made it worth a lot, but now its stable, and looks like those wont change.
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.
As we can see the value of Bitcoin and gold they have a high value when we convert it real money. But after 10 years, we don't how of this two is fast increasing worth. As we can see the graph of those two, Bitcoin is the fastest growing cryptocurrency in modern life and the gold is an old so we preferred to choose Bitcoin.
Gold, used to be standard behind the fiat currency, so what I mean is that the U.S dollar was backed by GOLD, now you can print the money whenever you like. For me, currently I would rank GOLD as number one, Bitcoin as number two and, fiat as number three.
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..
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.
Gold has a stable price right now, BTC will probably rise much higher then gold I believe.
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..
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..
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 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.
Gold has already its moment, and it had happened on the last 30 years, bitcoin its happening now, and all years bitcoin its bringing amazing results to all members, this after the crash from 1200 to 200 dollars. A huge advantage of bitcoin over gold its the possibility to earn portion doing some tasks, something we cant do with gold.
I will not discard gold so lightly, I prefer bitcoin myself, but gold has a long story in the world and if something were to happen most people in th world are not going to turn to bitcoin but to gold since it is something they know has value since the beginnings of civilization.When compare with bitcoin gold much in use as of now. However in future bitcoins only gonna rule the world by its demand and supply. I think in the year 2025 bitcoin weould be most costliest stock around the world. Hoping this deed will happen soon.
Gold has already its moment, and it had happened on the last 30 years, bitcoin its happening now, and all years bitcoin its bringing amazing results to all members, this after the crash from 1200 to 200 dollars. A huge advantage of bitcoin over gold its the possibility to earn portion doing some tasks, something we cant do with gold.
I will not discard gold so lightly, I prefer bitcoin myself, but gold has a long story in the world and if something were to happen most people in th world are not going to turn to bitcoin but to gold since it is something they know has value since the beginnings of civilization.Gold has already its moment, and it had happened on the last 30 years, bitcoin its happening now, and all years bitcoin its bringing amazing results to all members, this after the crash from 1200 to 200 dollars. A huge advantage of bitcoin over gold its the possibility to earn portion doing some tasks, something we cant do with gold.
I will not discard gold so lightly, I prefer bitcoin myself, but gold has a long story in the world and if something were to happen most people in th world are not going to turn to bitcoin but to gold since it is something they know has value since the beginnings of civilization. 
I heartily recommend to never selling all the gold you have for the sake of bitcoin. No one knows anyone and dares to guarantee that bitcoin is always beneficial. If at any time the price is going down, sure you will cry because you loss.
Gold is rare, BUT bitcoin is more rarer than gold.
How do you reach that conclusion? I don't consider Bitcoin as "rare". If you have a reliable supply of electricity and a good mining rig, then you can mine Bitcoins from your home as well. But for mining gold, you need to travel to far away places.
I do not think they will change the code. If they increase the number of bitcoin by just 1, the price will crash.
you are absolutely right. With such growth rates Bitcoin very soon it will be more expensive than gold. And not just for a few dollars, and in some times. That is why more profitable to invest in Bitcoin
Bitcoin will be the digital gold and this is going to be considered as better than gold by many people. Just look at the price of bitcoin it is now becoming higher and higher as the day goes by. And for sure as the 2017 is coming more beautiful things to come with bitcoin. Let's just don't expect that bad things will come and hopefully it will surpass golds market cap.
I don't think that those alt coins will be able to replace bitcoins if you can see the market cap of crypto currencies it is clear that the highest and on the number 1 list is bitcoin. And it will be just for those other crypto's to replace bitcoin when they will able to surpass the current market cap of bitcoin or else everyone will return to gold.
Jump to: