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Topic: Bitcoin or gold? - page 290. (Read 984449 times)

legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
November 06, 2016, 02:02:34 PM
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
newbie
Activity: 28
Merit: 0
November 06, 2016, 01:02:51 PM
My choice is to invest in both. Gold is for long term and BTC is for speculation and quick trades.
I agree with you.
bitcoin is something which only speculation although for now, price bitcoin rise up. I think invest gold is safe for long term.

and I agree with that. Both objects are perfect for investment. But one should always be careful and follow the course of Bitcoin and gold. To sell during
member
Activity: 82
Merit: 10
November 06, 2016, 09:16:14 AM
My choice is to invest in both. Gold is for long term and BTC is for speculation and quick trades.
I agree with you.
bitcoin is something which only speculation although for now, price bitcoin rise up. I think invest gold is safe for long term.
sr. member
Activity: 284
Merit: 250
November 06, 2016, 08:59:44 AM
My choice is to invest in both. Gold is for long term and BTC is for speculation and quick trades.
hero member
Activity: 644
Merit: 500
November 06, 2016, 08:49:58 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.
hero member
Activity: 630
Merit: 500
November 06, 2016, 08:36:21 AM
I choose bitcoin because butcoin is more affordable than gold and i can maximize the uses of bitcoin, i can earn fast and i enjoy the method of earning in bitcoin that i am entertained on it.
hero member
Activity: 756
Merit: 500
November 06, 2016, 07:16:25 AM
I've never invested in gold. I do not have extra money to invest for the long term. But I invest in Bitcoin and now have profits from this. So my choice - Bitcoin

People having the patience would most probably go with gold because they don't care for long term or short term but they just want to get their profit out of their investment, but the ones who think they cannot wait that long should invest in bitcoin because bitcoins pays off way earlier than gold.
full member
Activity: 236
Merit: 100
Presale is live!
November 06, 2016, 06:27:29 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
sr. member
Activity: 462
Merit: 250
https://saturn.black
November 06, 2016, 06:00:43 AM
I've never invested in gold. I do not have extra money to invest for the long term. But I invest in Bitcoin and now have profits from this. So my choice - Bitcoin
STT
legendary
Activity: 4046
Merit: 1447
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November 06, 2016, 02:08:42 AM
When receiving gold you have received gold, sure you now have that metal.   It also requires you to physically handle that transaction and provide security, possibly postage costs and all sorts of drags to slow the transfer.
When receiving bitcoin you also have immediately received the coin as payment.   People arent going to really get the distinction there you are trying to make.   As far as payment goes, I have the coins and now I can go use them to buy pizza.  If I has pizza I own the world, what more is there.   The gold if anything is more of a problem for me at that point, I have a harder time immediately transacting it and I doubt I will have my pizza on my way to my house in 5 minutes

If you are spending money fast, get bitcoin.  If you are worried about savings security and want it in your hand and your transaction is way longer term consider gold.   They are really not that close, both are inverse to dollar I guess though
legendary
Activity: 2912
Merit: 1852
November 06, 2016, 02:00:30 AM
...

Welcome to the "Consolidated Bitcoin vs. Gold Thread".

Actually, I prefer the different threads on the topic as the tangents that develop on each thread are often different yet quite interesting.


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."
hero member
Activity: 756
Merit: 501
November 05, 2016, 09:26:44 PM
i think bitcoin is much more good than gold because we can get profit from bitcoin in huge amount with faster and other side gold is very stable which increasing its price too much lowly so i recommend that bitcoin is very profitable than gold.

You are right but do not forget that gold is more stable and cannot fall its more stable and can also provide you a lot of money, the only thing is that you have to wait a long time mostly.
Sure gold might allow anybody to earn money with the fluctuations that happens at it, but you cant earn gold online, and with bitcoin you can earn, thats one of the reason that makes the most people choose bitcoins against gold.
member
Activity: 80
Merit: 10
November 05, 2016, 08:43:15 PM
i think bitcoin is much more good than gold because we can get profit from bitcoin in huge amount with faster and other side gold is very stable which increasing its price too much lowly so i recommend that bitcoin is very profitable than gold.

You are right but do not forget that gold is more stable and cannot fall its more stable and can also provide you a lot of money, the only thing is that you have to wait a long time mostly.
klf
legendary
Activity: 1344
Merit: 1000
November 05, 2016, 08:31:28 PM
Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
i agree with you ,i also choose the bitcoin because bitcoin increasing its price very faster than gold and gold is too much stable and we can not get a good profit from gold quickly and bitcoin give us opportunity to earn big profit in short time with quickly.

Gold buying by those who want to invest for the long term. Those who have a lot of money and they want to invest safely without risks. Bitcoin is dynamic and suitable for quick money

It is always good to invest in both and take advantages from both of them. I do agree that you can make a quick money in bitcoins but you can also lose money quickly if things goes wrong. So it is advised to diversify your money and get an good average profits on your investment instead sticking with one or two investment options.
full member
Activity: 196
Merit: 100
November 05, 2016, 07:36:21 PM
i think bitcoin is much more good than gold because we can get profit from bitcoin in huge amount with faster and other side gold is very stable which increasing its price too much lowly so i recommend that bitcoin is very profitable than gold.
sr. member
Activity: 259
Merit: 250
November 05, 2016, 06:15:39 PM
Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
i agree with you ,i also choose the bitcoin because bitcoin increasing its price very faster than gold and gold is too much stable and we can not get a good profit from gold quickly and bitcoin give us opportunity to earn big profit in short time with quickly.

Gold buying by those who want to invest for the long term. Those who have a lot of money and they want to invest safely without risks. Bitcoin is dynamic and suitable for quick money
But if someone involve in bitcoin investment then they do not consider gold as a source of income and do not invest in gold as compare to bitcoin the profit from gold is much lower while the profit from bitcoin is faster and most people believe that investing in bitcoin for long term is more beneficial.

as the practice of investing in Bitcoin and profitable in the long term and short term. The sharp increase in prices attracted investors cryptocurrency. Gold loses Bitcoin
hero member
Activity: 966
Merit: 517
November 05, 2016, 05:39:29 PM
Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
i agree with you ,i also choose the bitcoin because bitcoin increasing its price very faster than gold and gold is too much stable and we can not get a good profit from gold quickly and bitcoin give us opportunity to earn big profit in short time with quickly.

Gold buying by those who want to invest for the long term. Those who have a lot of money and they want to invest safely without risks. Bitcoin is dynamic and suitable for quick money
But if someone involve in bitcoin investment then they do not consider gold as a source of income and do not invest in gold as compare to bitcoin the profit from gold is much lower while the profit from bitcoin is faster and most people believe that investing in bitcoin for long term is more beneficial.
legendary
Activity: 2170
Merit: 1427
November 05, 2016, 04:08:44 PM
Gold buying by those who want to invest for the long term. Those who have a lot of money and they want to invest safely without risks. Bitcoin is dynamic and suitable for quick money

Finally a post that makes some sense. People so easily say that Bitcoin is the better option when comparing it to Gold, but they forget that both are different in the way people see and use them. Ignorance seems to become a bigger issue with the year....

Gold is a great tool for long term minded people that are looking for something to be used as a store of value tool. Especially in times where the confidence in fiat currencies, their local economy, the world economy, etc, is dropping in a quick fashion. Gold is some sort of a safe haven for them where the stability gives them the confidence that they are looking for. If the price in the time that they hold it goes up in value, then it's a nice bonus for them, but they are not in Gold for the returns. The fact that these people own something physical plays an important role too.
hero member
Activity: 756
Merit: 504
November 05, 2016, 03:50:45 PM
Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
i agree with you ,i also choose the bitcoin because bitcoin increasing its price very faster than gold and gold is too much stable and we can not get a good profit from gold quickly and bitcoin give us opportunity to earn big profit in short time with quickly.

Gold buying by those who want to invest for the long term. Those who have a lot of money and they want to invest safely without risks. Bitcoin is dynamic and suitable for quick money
You are right I also invest some money in bitcoin for short term and its pay me good profit because currently buying and selling working good for me and I also like to invest in Gold for long term its very nice to invest in this also
newbie
Activity: 40
Merit: 0
November 05, 2016, 02:34:05 PM
Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
i agree with you ,i also choose the bitcoin because bitcoin increasing its price very faster than gold and gold is too much stable and we can not get a good profit from gold quickly and bitcoin give us opportunity to earn big profit in short time with quickly.

Gold buying by those who want to invest for the long term. Those who have a lot of money and they want to invest safely without risks. Bitcoin is dynamic and suitable for quick money
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