Bitcoin or gold? - page 289. | Bitcointalksearch.org

arseaboy

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Quote from: groll on November 07, 2016, 08:37:57 PM

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Quote from: Betwrong on November 07, 2016, 09:53:48 AM

Quote from: skyway1 on November 06, 2016, 06:04:01 PM

i think bitcoin is much more good than gold because gold is much more stable and bitcoin increasing its price too much faster so buy bitcoin in big amount is very much good and profitable than gold .

Do not forget that buying Bitcoin is actually risky at any given time, so I wouldn't advise to buy big amounts. Personally I think that Bitcoin is a better investment than gold so buying reasonable amounts is a good thing, but one shouldn't ruin the whole thing for them by borrowing money and buying big amounts of BTC awaiting for a big profit in no time. Be careful guys, Bitcoin is a good thing but you should use it responsibly.

It depends on how you are trusting bitcoin and how can you take a risk. I saw some people who are buying bulks of bitcoin even the price is still high just like today but only lower back weeks ago. And it is going to be a great profit if you will take a big risk and when the price increases, you will increase your profit too but chances of falling is also there.

I agree to go with bitcoin than on gold for it's level of price status. Bitcoin's price increases and we make more profit from it progressively if we just take risks in investing. Compared bitcoin, gold's price is else fixed but we can also make profit from it. It's just that, for my own opinion, we can make more and fast profit in bitcoin investment than in gold. Instead I prefer to have gold as an ornament and to be a symbol of wealth.

I agree mate. If you want to have a long term investment you can let sit and wait of your gold and you can also use it in the future if you need money but if you want to have a fast profit then you need to invest in bitcoin which I think is better than gold.

groll

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Quote from: Betwrong on November 07, 2016, 09:53:48 AM

Quote from: skyway1 on November 06, 2016, 06:04:01 PM

i think bitcoin is much more good than gold because gold is much more stable and bitcoin increasing its price too much faster so buy bitcoin in big amount is very much good and profitable than gold .

Do not forget that buying Bitcoin is actually risky at any given time, so I wouldn't advise to buy big amounts. Personally I think that Bitcoin is a better investment than gold so buying reasonable amounts is a good thing, but one shouldn't ruin the whole thing for them by borrowing money and buying big amounts of BTC awaiting for a big profit in no time. Be careful guys, Bitcoin is a good thing but you should use it responsibly.

It depends on how you are trusting bitcoin and how can you take a risk. I saw some people who are buying bulks of bitcoin even the price is still high just like today but only lower back weeks ago. And it is going to be a great profit if you will take a big risk and when the price increases, you will increase your profit too but chances of falling is also there.

I agree to go with bitcoin than on gold for it's level of price status. Bitcoin's price increases and we make more profit from it progressively if we just take risks in investing. Compared bitcoin, gold's price is else fixed but we can also make profit from it. It's just that, for my own opinion, we can make more and fast profit in bitcoin investment than in gold. Instead I prefer to have gold as an ornament and to be a symbol of wealth.

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Quote from: skyway1 on November 06, 2016, 06:04:01 PM

i think bitcoin is much more good than gold because gold is much more stable and bitcoin increasing its price too much faster so buy bitcoin in big amount is very much good and profitable than gold .

Do not forget that buying Bitcoin is actually risky at any given time, so I wouldn't advise to buy big amounts. Personally I think that Bitcoin is a better investment than gold so buying reasonable amounts is a good thing, but one shouldn't ruin the whole thing for them by borrowing money and buying big amounts of BTC awaiting for a big profit in no time. Be careful guys, Bitcoin is a good thing but you should use it responsibly.

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Quote from: Bitonly88 on November 07, 2016, 06:02:49 AM

Quote from: mirakal on November 07, 2016, 03:12:19 AM

Quote from: CrimBit on November 07, 2016, 02:52:17 AM

choosing one of them is a best choice, it's depending about how much you have money now.
for me buying some hardware minner is better than both of them Roll Eyes

Then you are not discussing base on topic. I guess you need to choose between the two and what you choice has a little connection somehow to bitcoin as you are having a mining business to earn bitcoins, most of the miners in the early days are already rich now since the price of bitcoin have substantially grown.

I learned too late about Bitcoin. If I have learned a few years ago, now probably would be rich) I'd like to increase the intensity of the price of Bitcoin has not decreased

You still have to be thankful that you learn bitcoin, it's never too late because bitcoin is very progressive now, what you have to do is just to buy bitcoins now and hold it for the future again. Just always put in mind that there is no limit here and the price might rise again depends on the demand of the people.

Bitonly88

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Quote from: mirakal on November 07, 2016, 03:12:19 AM

Quote from: CrimBit on November 07, 2016, 02:52:17 AM

choosing one of them is a best choice, it's depending about how much you have money now.
for me buying some hardware minner is better than both of them Roll Eyes

Then you are not discussing base on topic. I guess you need to choose between the two and what you choice has a little connection somehow to bitcoin as you are having a mining business to earn bitcoins, most of the miners in the early days are already rich now since the price of bitcoin have substantially grown.

I learned too late about Bitcoin. If I have learned a few years ago, now probably would be rich) I'd like to increase the intensity of the price of Bitcoin has not decreased

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Quote from: CrimBit on November 07, 2016, 02:52:17 AM

choosing one of them is a best choice, it's depending about how much you have money now.
for me buying some hardware minner is better than both of them Roll Eyes

Then you are not discussing base on topic. I guess you need to choose between the two and what you choice has a little connection somehow to bitcoin as you are having a mining business to earn bitcoins, most of the miners in the early days are already rich now since the price of bitcoin have substantially grown.

CrimBit

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choosing one of them is a best choice, it's depending about how much you have money now.
for me buying some hardware minner is better than both of them Roll Eyes

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Quote from: OROBTC on November 06, 2016, 06:00:06 PM

Quote from: deisik on November 06, 2016, 01:02:34 PM

Quote from: OROBTC on November 06, 2016, 01:00:30 AM

Here's something that shows one BIG difference between gold and Bitcoin worth a thought:

"When you work for or otherwise get money or Bitcoin, you do still have one more step: taking that currency and acquiring something you would rather have, the transaction is not quite complete, you have not been completely paid. When receiving gold, you have already been paid."

This is a typical gold-bug attitude and mentality. They don't really expect that they might have to sell their gold somewhere in the future. If they actually considered such a possibility they would most certainly not say that they had already been paid (with gold). Instead, they typically think that they will pay in gold directly should such a necessity arise...

But shrouds have no pockets

I value gold very highly. With luck I will never have to sell or use gold to buy anything. Ever

That's what I'm talking about precisely. Gold-bug mentality!

Quote from: OROBTC on November 06, 2016, 06:00:06 PM

My intention is to have my gold handed down through the generations. Rich European families have been doing this for centuries, some things old families get right.

Gold is not the only asset my family owns. But I am very happy with it as an asset diversification

It is your choice, and I'm not here to question it. But, given the two major circumstances, I don't think it is a wise strategy overall. First, you don't know what might happen to gold in future. It may be prohibited and confiscated, people may change their attitude toward gold with it losing its value, it can be created out of thin air and thus cease being relevant (and history is no guide here). Second, you can't be sure that your posterity won't just squander it...

As the saying goes, the first generation makes wealth, the second generation spends it, and the third generation blows it

8Habits

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Quote from: goldcoinminer on November 07, 2016, 01:39:03 AM

Quote from: 8Habits on November 07, 2016, 12:29:31 AM

Quote from: X-ray on November 07, 2016, 12:22:43 AM

Quote from: skyway1 on November 06, 2016, 06:04:01 PM

i think bitcoin is much more good than gold because gold is much more stable and bitcoin increasing its price too much faster so buy bitcoin in big amount is very much good and profitable than gold .

that point is only good for traders whilst investor is actually seeking for the safest option because they dont want to risk their money for something uncertain even the risk was just small but risk is still a risk,and also having big amount of bitcoin will pumping your heartbeat because if the price were falling suddenly it's such a pain in the ass

I love it when you write pain in the ass..hehe You are right mate, if you are not really a risk taker person, better to just invest your money and don't do trading. Trading is very stressful and if you are doing it right, you might end up losing a chunk of your money trading. There are many horror stories that they lost a big amount of bankroll - however, you can mitigate this if you learn trading just like professional traders.

That's normal in trading, if you have the right skills and knowledge, you will certainly gonna make money, no doubt about it but trading is not just fro everyone since not all people have that good level of comprehension as trading is a game of numbers and prediction.

I agree to that mate. Even me, it is already couple of months since I trading altcoins, I am still have losing trades while others are always happy in the trollbox because they have big profits. I agree that it is really a numbers game and if you just trade without having calculated trading plans, you will definitely not have big profits.

goldcoinminer

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Quote from: 8Habits on November 07, 2016, 12:29:31 AM

Quote from: X-ray on November 07, 2016, 12:22:43 AM

Quote from: skyway1 on November 06, 2016, 06:04:01 PM

i think bitcoin is much more good than gold because gold is much more stable and bitcoin increasing its price too much faster so buy bitcoin in big amount is very much good and profitable than gold .

that point is only good for traders whilst investor is actually seeking for the safest option because they dont want to risk their money for something uncertain even the risk was just small but risk is still a risk,and also having big amount of bitcoin will pumping your heartbeat because if the price were falling suddenly it's such a pain in the ass

I love it when you write pain in the ass..hehe You are right mate, if you are not really a risk taker person, better to just invest your money and don't do trading. Trading is very stressful and if you are doing it right, you might end up losing a chunk of your money trading. There are many horror stories that they lost a big amount of bankroll - however, you can mitigate this if you learn trading just like professional traders.

That's normal in trading, if you have the right skills and knowledge, you will certainly gonna make money, no doubt about it but trading is not just fro everyone since not all people have that good level of comprehension as trading is a game of numbers and prediction.

8Habits

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Quote from: X-ray on November 07, 2016, 12:22:43 AM

Quote from: skyway1 on November 06, 2016, 06:04:01 PM

i think bitcoin is much more good than gold because gold is much more stable and bitcoin increasing its price too much faster so buy bitcoin in big amount is very much good and profitable than gold .

that point is only good for traders whilst investor is actually seeking for the safest option because they dont want to risk their money for something uncertain even the risk was just small but risk is still a risk,and also having big amount of bitcoin will pumping your heartbeat because if the price were falling suddenly it's such a pain in the ass

I love it when you write pain in the ass..hehe You are right mate, if you are not really a risk taker person, better to just invest your money and don't do trading. Trading is very stressful and if you are doing it right, you might end up losing a chunk of your money trading. There are many horror stories that they lost a big amount of bankroll - however, you can mitigate this if you learn trading just like professional traders.

X-ray

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Quote from: skyway1 on November 06, 2016, 06:04:01 PM

i think bitcoin is much more good than gold because gold is much more stable and bitcoin increasing its price too much faster so buy bitcoin in big amount is very much good and profitable than gold .

that point is only good for traders whilst investor is actually seeking for the safest option because they dont want to risk their money for something uncertain even the risk was just small but risk is still a risk,and also having big amount of bitcoin will pumping your heartbeat because if the price were falling suddenly it's such a pain in the ass

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Quote from: 8Habits on November 06, 2016, 11:27:54 PM

Quote from: skyway1 on November 06, 2016, 06:04:01 PM

i think bitcoin is much more good than gold because gold is much more stable and bitcoin increasing its price too much faster so buy bitcoin in big amount is very much good and profitable than gold .

This is especially true to people that only have small amount of money to invest, bitcoin is the way to go because you can but literally with a very small amount of money. You can buy and forget it for a couple of years and hopefully it will grow its price that time. Investing to both gold and bitcoin as well as to other investment vehicles, is a good way to go.

It's not only for investor who have a small capital as even the rich one find bitcoin as a good investment. You can always prove that as there are whales who control the price or manipulate bitcoin. With their actions, they are surely making themselves richer.

8Habits

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Quote from: skyway1 on November 06, 2016, 06:04:01 PM

i think bitcoin is much more good than gold because gold is much more stable and bitcoin increasing its price too much faster so buy bitcoin in big amount is very much good and profitable than gold .

This is especially true to people that only have small amount of money to invest, bitcoin is the way to go because you can but literally with a very small amount of money. You can buy and forget it for a couple of years and hopefully it will grow its price that time. Investing to both gold and bitcoin as well as to other investment vehicles, is a good way to go.

skyway1

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i think bitcoin is much more good than gold because gold is much more stable and bitcoin increasing its price too much faster so buy bitcoin in big amount is very much good and profitable than gold .

OROBTC

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Quote from: deisik on November 06, 2016, 01:02:34 PM

Quote from: OROBTC on November 06, 2016, 01:00:30 AM

Here's something that shows one BIG difference between gold and Bitcoin worth a thought:

"When you work for or otherwise get money or Bitcoin, you do still have one more step: taking that currency and acquiring something you would rather have, the transaction is not quite complete, you have not been completely paid. When receiving gold, you have already been paid."

This is a typical gold-bug attitude and mentality. They don't really expect that they might have to sell their gold somewhere in the future. If they actually considered such a possibility they would most certainly not say that they had already been paid (with gold). Instead, they typically think that they will pay in gold directly should such a necessity arise...

But shrouds have no pockets

I value gold very highly. With luck I will never have to sell or use gold to buy anything. Ever.

My intention is to have my gold handed down through the generations. Rich European families have been doing this for centuries, some things old families get right.

Gold is not the only asset my family owns. But I am very happy with it as an asset diversification.

Besides, gold is relatively "Hillary-proof", with today's COMEY decision, that may matter too...

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Quote from: 1Referee on October 20, 2016, 05:05:53 AM

Quote from: el kaka22 on October 20, 2016, 04:49:47 AM

Quote from: Jonar21 on October 18, 2016, 12:15:44 PM

Gold always has been exchanged since ancient times. I think that bitcoin and gold occupy every niche and will be in demand for a long time.

Yes, gold has been since the ancient time but it seems it popularity is going down whereas with the case of bitcoin is gaining popularity for the same period of time and acceptance grows everyday. One very good feature of bitcoin is it simplicity and speed of usage in transaction. After few more years, I fear people may forget gold completely.

May I know what gives you the impression of Gold losing popularity? I personally don't see anything that point towards people taking distance from Gold. Even stronger, I think Gold will only see its popularity increase in the coming years. Especially because of the fact that it is a solid store of wealth tool where you don't have to deal with banks and such. It's of course not convenient to have let's say $10,000,000 in physical Gold, but at least it gives you the opportunity to really own something instead of relying on banks to store your money.

Physical gold is very expensive to own. If you have a significant amount of it, say $10 million worth as you mentioned, it would take up a lot of room, be very heavy, and require extensive and expensive protection methods. People with substantial wealth in gold don't have physical gold, but paper gold, that is derivatives and contracts that represent gold, or could be redeemed for physical gold.

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Quote from: arseaboy on November 06, 2016, 07:49:58 AM

Quote from: ClaraLuV on November 06, 2016, 05:27:29 AM

i have invested a pretty good amount of money in gold long back and i will be keeping it as an asset for the future,i am holding almost 400 grams of gold but i am yet to invest anything in bitcoin as i am learning about the investment opportunities

It's really good for you to invest in gold because gold is everywhere and it's really valuable. Good to know that you're interested also in investing with bitcoins.. it's a really good choice because there's a lot of opportunities for you to make a profit. Before you start investing in bitcoins try to learn the basics first mate.

sure i will first study before investing my hard earned money ,one problem i am encountering is i have to learn bitcoin trading first to earn some profits while investing in bitcoin and i am in the process of doing so.

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Quote from: MonkeyManofLife on November 06, 2016, 01:09:23 PM

I'd do bitcoin because there is a high chance you can make a lot more money out of it if you invest a lot of money into it!

yeah bitcoin is very good chance for making a big profit because bitcoin are growing its price with fast than gold and you are right if we invest our money in huge amount in bitcoin then sure we will be get a big profit from bitcoin in the future.

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I'd do bitcoin because there is a high chance you can make a lot more money out of it if you invest a lot of money into it!

Topic: Bitcoin or gold? - page 289. (Read 984457 times)