Author

Topic: Bitcoin or gold? - page 278. (Read 984449 times)

full member
Activity: 129
Merit: 100
November 26, 2016, 01:50:58 PM
I would choose Bitcoin because I believe it has more potential for growth than gold

But I do agree with other people who say gold is a safer investment
full member
Activity: 238
Merit: 100
November 26, 2016, 01:38:29 PM
I chose my bitcoin bitcoin for the benefit quite a lot. and quick in contrast to gold kenaikanya quite slow. but bitcoin also has many disadvantages for example the price could drop quickly in contrast to gold
Bitcoin is still a new development in the world of currencies so it is no wonder there is a greater volatility than dollars, euros, gold etc. This disadvantage will eventually fade out when bitcoin becomes a more established currency.
Yes, bitcoin is pretty new and if it is going to be a big success then the price of a XBTC is going to be pretty high.
Anyway gold is much more stable then bitcoin, so if you are looking for a more safe investment then you should choose gold as it tends less to go up and down.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 26, 2016, 01:35:05 PM
I chose my bitcoin bitcoin for the benefit quite a lot. and quick in contrast to gold kenaikanya quite slow. but bitcoin also has many disadvantages for example the price could drop quickly in contrast to gold
Bitcoin is still a new development in the world of currencies so it is no wonder there is a greater volatility than dollars, euros, gold etc. This disadvantage will eventually fade out when bitcoin becomes a more established currency.
newbie
Activity: 68
Merit: 0
November 26, 2016, 12:27:39 PM
Don't keep all your money in one bucket..
Why should I?
Depends on time what should I do.
But if you say I will keep that on Gold..
Bitcoin is banned from many countrries and still
it's new.
It can be banned forever or either live over the world.
.
But gold has its value..
hero member
Activity: 1372
Merit: 503
November 26, 2016, 10:21:55 AM
We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.
Im agree with you we are living in this world that is going to be digital all and all are going to be smart gadgets and soon we don't have those antique things in our life we are in new generation id rather chosoe bitcoin than gold also this is where you can make good money at the time.
sr. member
Activity: 406
Merit: 250
November 26, 2016, 10:18:34 AM
I chose my bitcoin bitcoin for the benefit quite a lot. and quick in contrast to gold kenaikanya quite slow. but bitcoin also has many disadvantages for example the price could drop quickly in contrast to gold
The dropping of price is not disadvantage before we enter here in bitcoin we all know that bitcoin value is volatile and it will be advantages for those big investor to invest and to earn lot of income in terms of bitcoin.
member
Activity: 98
Merit: 10
November 26, 2016, 09:51:03 AM
I chose my bitcoin bitcoin for the benefit quite a lot. and quick in contrast to gold kenaikanya quite slow. but bitcoin also has many disadvantages for example the price could drop quickly in contrast to gold
hero member
Activity: 1134
Merit: 517
November 26, 2016, 09:29:07 AM
I select for bitcoin, I already prove if the investment with the gold the profitable no more than 5% per year. For currently I always set aside money to buy bitcoin.

For the investors who does not invest for really long term like more than 1 year or so, bitcoin is the best option as it grows higher and earlier than gold, but for investors who invests for longer than that period, gold is the best choice, as it mostly does not drop its price at all which bitcoin does sometimes.
Gold no doubt is one of the best assets to invest on, but that it does not drop its price is totally out of touch with reality, because ecious metal not too long ago, the precious metal encountered massive sell-off, after ECB President Mario Draghi suggested Cyprus should sell its excess gold reserves to help fund the country’s bailout and presently when market was waiting for clues whether fed would raise interest rates this year.

In times of uncertainty, investors are known to unload their positions and situations like that are the enabling environment bitcoin thrives in. So we can say bitcoin, is a much preferable investment when global finances are deep in uncertainties.

http://www.marketwatch.com/story/gold-falls-sharply-copper-hit-after-china-data-2013-04-15
hero member
Activity: 560
Merit: 500
November 26, 2016, 04:21:20 AM
Gold reserves based on crypto thats number of its quantity is fixed would be ideal. But sadly we dont live in a perfect world. It would have good sites of both assets.
Why would that be perfect? That would seem like a perfect way to scam people, real crypto isn't based on anything but math, and I'm glad it's like that.

I wouldn't trust any crypto currency that was based on 'real' gold.

That would be the best for one reason. The gold you store couldnt be resold as it would stand as 1 token not a token that is resold and multiplied by the process as is now. There is a lot of electronic gold that is just resold back and again that is long just gone.

You can store your gold at home as is novadays. Thats true, but I wouldnt keep many of it. And yes scammers will always be everywhere. The idea is systemic one. It would not stop scams, just keep the scams transparent and keep them small and easier to find.
hero member
Activity: 756
Merit: 501
November 25, 2016, 05:52:28 PM
I would rather chose bitcoin because as you said bitcoin has been only for 5 years and its price has been rising very quickly in comparison to the gold that has been around for as long as civilization so its a very common thing ,and the reason is that bitcoin may become a very precious thing in the future because of the people converting it into real money so its price is gonna get high
I prefer bitcoin too , but I think what you describe is precisely why people still choose gold, because it has been around for thousands of years while bitcoin is still very new compared to that so some prefer not to risk it and go with the safest option gold.
The gold who could think it would raise such on the last 25-50 years as it did, if we knew it we would purchase gold instead but an extra car or property, but the gold market is full, and looks like gold cant cross the 2000 dollars, even when countries are facing huge financial problems. Bitcoin is about to make 8 years and into those time it had changed severals lifes, and keep allowing people to earn it, and improving their life, i do know and believe that bitcoin has a huge potencial ahead besides the current value and interest, we are few compared to others currencies.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 25, 2016, 04:10:02 PM
I would rather chose bitcoin because as you said bitcoin has been only for 5 years and its price has been rising very quickly in comparison to the gold that has been around for as long as civilization so its a very common thing ,and the reason is that bitcoin may become a very precious thing in the future because of the people converting it into real money so its price is gonna get high
I prefer bitcoin too , but I think what you describe is precisely why people still choose gold, because it has been around for thousands of years while bitcoin is still very new compared to that so some prefer not to risk it and go with the safest option gold.
legendary
Activity: 3752
Merit: 1217
November 25, 2016, 02:39:12 PM
I choose two. Bitcoin I like more, but that's all say - you need to spread risks. so it is best to divide your investments into different objects

First of all, you need to categorize your investments by risk susceptibility. There should be three categories. The first category consists of extremely low risk investments, such as bank deposits and treasury bonds. The second category consists of investments carrying moderate risk, such as equities, bullion and real estate. The third category is for high risk investments, such as Bitcoin, Ether, and HYIPs.
sr. member
Activity: 336
Merit: 250
November 25, 2016, 02:37:11 PM
You saw recent prices on gold and prices on prices on bitcoin ? Gold is heavily advertised "idea" of wealth, that is as virtual as bitcoin.

I say you are right in 80%, but gold price is a bit less virtual ... pepole who mine gold needs hundreds thousand $ to start mining. And in a season they need to recover all invested money Smiley and earn something for a few months of damn hard and dangerous work  Smiley

And many many miners did not recover costs.

As in bitcoin is simmilar. But here if you will invest hunders thousands in a mining rigs Tongue your profit is 100% sure Smiley


Bitcoins is the best but i still go for gold. Gold is money and easy to become money, Gold is a symbol of success.  predict Gold is approaching a time when it will be a distinct form of money unto itself. So let us remind you of why Gold is highly prized as wealth, an industrial metal, for decoration as a symbol of success, and as a long-term storehouse of wealth beyond government control.
legendary
Activity: 1792
Merit: 1283
November 25, 2016, 01:37:46 PM
Gold reserves based on crypto thats number of its quantity is fixed would be ideal. But sadly we dont live in a perfect world. It would have good sites of both assets.
Why would that be perfect? That would seem like a perfect way to scam people, real crypto isn't based on anything but math, and I'm glad it's like that.

I wouldn't trust any crypto currency that was based on 'real' gold.
full member
Activity: 196
Merit: 100
November 25, 2016, 01:32:38 PM
I think i would prefer both of them .because u never when will the price of bitcoins would rise up so drastically and go down too much .well the price of gold has some stability to some extend well that u cant expect with bitcoins .so 50 50 percent of both of it would be a great thing.kudoos Smiley
hero member
Activity: 560
Merit: 500
November 25, 2016, 10:52:01 AM
Gold reserves based on crypto thats number of its quantity is fixed would be ideal. But sadly we dont live in a perfect world. It would have good sites of both assets.
full member
Activity: 187
Merit: 100
November 25, 2016, 10:29:31 AM
I choose two. Bitcoin I like more, but that's all say - you need to spread risks. so it is best to divide your investments into different objects
legendary
Activity: 2254
Merit: 1043
November 25, 2016, 10:18:40 AM
From the first I did not like to put their money and assets in one place, I'd be for that person's opinion though not lucrative, bitcoin is very good made investments, but I'm not going to put my money only in the bitcoin, maybe in 5 place: land, property, vehicles, gold, and bitcoin.
yeah it is a good plan, but what if gains in bitcoin will provide greater prospects? it would be very unfortunate if you use capital for other investments right ?
I would invest in bitcoin only, because its more profitable

Worst advice ever.

Why would you invest all your capital in one of the highest risk investments?


Yeah bitcoin is risky so we should be careful in our decision, for me its fine to try your luck by investing in btc but not all your capital. id rather invest the half of it in gold, though it will take time to gain something but if you wait you will see the progress in value of gold in the future.
Where in the world will you find an investment that has no risk, all investment has risk but it's your duty on how to minimize the risk while maximizing your chances of being successful. We dream big so we need to take the risk.

Its not about finding an investment with no risk, its realising that there is a sliding scale of risk and your investments should be spread across that scale.  Lumping all your cash into a highly volatile, high risk investment is stupid.  You might as well walk into a casino and put all your cash on black.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
November 25, 2016, 09:06:08 AM
From the first I did not like to put their money and assets in one place, I'd be for that person's opinion though not lucrative, bitcoin is very good made investments, but I'm not going to put my money only in the bitcoin, maybe in 5 place: land, property, vehicles, gold, and bitcoin.
yeah it is a good plan, but what if gains in bitcoin will provide greater prospects? it would be very unfortunate if you use capital for other investments right ?
I would invest in bitcoin only, because its more profitable

Worst advice ever.

Why would you invest all your capital in one of the highest risk investments?


Yeah bitcoin is risky so we should be careful in our decision, for me its fine to try your luck by investing in btc but not all your capital. id rather invest the half of it in gold, though it will take time to gain something but if you wait you will see the progress in value of gold in the future.
Where in the world will you find an investment that has no risk, all investment has risk but it's your duty on how to minimize the risk while maximizing your chances of being successful. We dream big so we need to take the risk.
hero member
Activity: 3010
Merit: 629
November 25, 2016, 05:38:15 AM
From the first I did not like to put their money and assets in one place, I'd be for that person's opinion though not lucrative, bitcoin is very good made investments, but I'm not going to put my money only in the bitcoin, maybe in 5 place: land, property, vehicles, gold, and bitcoin.
yeah it is a good plan, but what if gains in bitcoin will provide greater prospects? it would be very unfortunate if you use capital for other investments right ?
I would invest in bitcoin only, because its more profitable

Worst advice ever.

Why would you invest all your capital in one of the highest risk investments?


Yeah bitcoin is risky so we should be careful in our decision, for me its fine to try your luck by investing in btc but not all your capital. id rather invest the half of it in gold, though it will take time to gain something but if you wait you will see the progress in value of gold in the future.
Jump to: