Author

Topic: Bitcoin or gold? - page 329. (Read 984448 times)

full member
Activity: 168
Merit: 100
I learnt about experts they're experts on fuck all
September 04, 2016, 03:53:00 PM
If you choose gold, you better buy it physically. It is not good to have gold in banks. You already declare war against the banking system by buying gold, at least do it properly. Buy it physically and bury it. Oldschool.
legendary
Activity: 1526
Merit: 1179
September 04, 2016, 03:45:46 PM

Gold can be an interesting investment, but not really if you have to pay a 10% premium over the current market price like I do here when buying Gold.

If you want to buy Gold at market rates, then you need to buy it in private from people looking to get rid of it. Otherwise it will be very difficult.

Who in his right mind will pay such a premium over the market price when it is for investment purposes?

If the price has gone up like 10% from the moment you bought it, then you just got even, and that's it.

What country are you paying 10% over spot?

Netherlands. Whether it is offline or online, everywhere I find myself paying such a high premium over the market price.

Someone even adviced me to try to pick up Gold in Belgium as the prices are much closer to what it should be, but it's not really worth it for me.

If I can buy some Gold here at fair rates, then I'll go for it, but it's not a necessity.
sr. member
Activity: 756
Merit: 294
September 04, 2016, 11:18:18 AM
I would say a little bit of both, because you can be on the safe side if one of the sides shows major problems. Bitcoin is more risky, but I think it is more rewarding. If the bitcoin shows bad signals, then you still got something where you also can make profits with.

I agree with you it is going to be better if you are going to use and invest of it and they are both in safe haven depending on how you are going to use and invest with it. And still you are aiming for one goal which is going to make profit and both of them is good to start with it. But bitcoin is just risky because of its unstable price but look at it on the positive way.

Its better to invest in both to minimize the risk in future as we never know what will happen to bitcoin in future but with gold we are and we know that it will never disappear.
Gold can be an interesting investment, but not really if you have to pay a 10% premium over the current market price like I do here when buying Gold.

If you want to buy Gold at market rates, then you need to buy it in private from people looking to get rid of it. Otherwise it will be very difficult.

Who in his right mind will pay such a premium over the market price when it is for investment purposes?

If the price has gone up like 10% from the moment you bought it, then you just got even, and that's it.

Although gold has been since centuries ago, bitcoin can be the next big thing for investment. however, if you have good amount of money to invest in , investing to both gold and bitcoins is very ideal and profitable in few decades from now.
legendary
Activity: 2254
Merit: 1043
September 04, 2016, 10:02:30 AM

Gold can be an interesting investment, but not really if you have to pay a 10% premium over the current market price like I do here when buying Gold.

If you want to buy Gold at market rates, then you need to buy it in private from people looking to get rid of it. Otherwise it will be very difficult.

Who in his right mind will pay such a premium over the market price when it is for investment purposes?

If the price has gone up like 10% from the moment you bought it, then you just got even, and that's it.

What country are you paying 10% over spot?
legendary
Activity: 1526
Merit: 1179
September 04, 2016, 09:51:18 AM
I would say a little bit of both, because you can be on the safe side if one of the sides shows major problems. Bitcoin is more risky, but I think it is more rewarding. If the bitcoin shows bad signals, then you still got something where you also can make profits with.

I agree with you it is going to be better if you are going to use and invest of it and they are both in safe haven depending on how you are going to use and invest with it. And still you are aiming for one goal which is going to make profit and both of them is good to start with it. But bitcoin is just risky because of its unstable price but look at it on the positive way.

Its better to invest in both to minimize the risk in future as we never know what will happen to bitcoin in future but with gold we are and we know that it will never disappear.
Gold can be an interesting investment, but not really if you have to pay a 10% premium over the current market price like I do here when buying Gold.

If you want to buy Gold at market rates, then you need to buy it in private from people looking to get rid of it. Otherwise it will be very difficult.

Who in his right mind will pay such a premium over the market price when it is for investment purposes?

If the price has gone up like 10% from the moment you bought it, then you just got even, and that's it.
hero member
Activity: 840
Merit: 1000
September 04, 2016, 09:32:13 AM
I would say a little bit of both, because you can be on the safe side if one of the sides shows major problems. Bitcoin is more risky, but I think it is more rewarding. If the bitcoin shows bad signals, then you still got something where you also can make profits with.

I agree with you it is going to be better if you are going to use and invest of it and they are both in safe haven depending on how you are going to use and invest with it. And still you are aiming for one goal which is going to make profit and both of them is good to start with it. But bitcoin is just risky because of its unstable price but look at it on the positive way.

Its better to invest in both to minimize the risk in future as we never know what will happen to bitcoin in future but with gold we are and we know that it will never disappear.
member
Activity: 84
Merit: 10
September 03, 2016, 05:16:55 PM
I would say a little bit of both, because you can be on the safe side if one of the sides shows major problems. Bitcoin is more risky, but I think it is more rewarding. If the bitcoin shows bad signals, then you still got something where you also can make profits with.
hero member
Activity: 714
Merit: 500
September 03, 2016, 06:55:49 AM
gold is not that famous now and the price of the gold is decreasing and its hard to find a buyer.

Well that's not true at all, gold is always famous nor it's price is decreasing the but thing i like bitcoin more is because keeping them is easier than gold, gold can be lost if you have them because that is a physical thing but bitcoins are always kept safe as they are digital.

Bitcoins can also get hacked from your wallet if you not take proper care of it, but the chances are very rare but at a moment I think investing in bitcoin is the best thing to do.
member
Activity: 97
Merit: 10
September 03, 2016, 06:53:25 AM
If I would be doing a very long term investment then I would have to pick gold, Although I am amazed by bitcoin and it's system but the fact it has been here for just this long shows that it can move either way and IMO not suitable for very long term investments, not for being bad but for the duration you can analyze it for is just few years.
full member
Activity: 126
Merit: 100
September 03, 2016, 06:52:43 AM
gold is not that famous now and the price of the gold is decreasing and its hard to find a buyer.

iam diference your say in statement
i think di gold every year in incraese and up price, minimum follow and over value price inflation is country
incraese price gold always over infation value
hero member
Activity: 756
Merit: 500
September 03, 2016, 06:42:34 AM
gold is not that famous now and the price of the gold is decreasing and its hard to find a buyer.

Well that's not true at all, gold is always famous nor it's price is decreasing the but thing i like bitcoin more is because keeping them is easier than gold, gold can be lost if you have them because that is a physical thing but bitcoins are always kept safe as they are digital.
legendary
Activity: 2422
Merit: 1102
September 03, 2016, 06:41:10 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.

ill choose bitcoin because i dont know yet how gold uses and im pretty sure bitcoin will not disappear anytime soon and it will help me to earn more in investing it.

We cannot be sure about anything, so its better to play safe and invest in both of them, so even if bitcoin disappears in future we can recover some loss from gold.
hero member
Activity: 946
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
September 03, 2016, 06:32:09 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.

ill choose bitcoin because i dont know yet how gold uses and im pretty sure bitcoin will not disappear anytime soon and it will help me to earn more in investing it.
legendary
Activity: 2254
Merit: 1043
September 03, 2016, 06:27:11 AM
gold is not that famous now and the price of the gold is decreasing and its hard to find a buyer.

What a complete load of misinformed crap.
hero member
Activity: 1008
Merit: 540
September 03, 2016, 04:38:34 AM
I will go for btc, I truly believe in the technology behind this. But we know that both have advantages and disadvantages. One of the advantages of the gold, for example, is that it has more stability in price.
Yeah i will choose bitcoin to because i believe in bitcoin since i started using it bitcoin help me to change my lives i earn bitcoin not that much and because of bitcoin i build my very first own personal computer hoping that bitcoin can do more into my life and gold is not that famous now and the price of the gold is decreasing and its hard to find a buyer.
full member
Activity: 196
Merit: 100
September 03, 2016, 03:57:43 AM
i thin k we can get a big profit from bitcoin than gold if we hold our bitcoin because i like bitcoin than gold and bitcoin is very useful and bitcoin increasing its price too much faster and its security is very strong .
hero member
Activity: 952
Merit: 500
September 03, 2016, 01:43:48 AM
I prefer both . Taking risk to get profit from Bitcoin someday by investing on it. Also i have invested in gold because as everyone know Gold price is stable and you can sell it anytime without losing any profit and sometimes you can gain more profit on selling it.

Gold is really the best investment at all and you can be safe with it as the price is going to keep on rising as the time goes by. And you don't have
need to do some hard efforts just to get profit with gold. The same thing with bitcoin even you are just going to hold bitcoins too as long as there
is a good fluctuation in the market you can still get profit, so I would go for both too.
Well, there is no argument that gold is the best investment base on the opinion of the majority but one thing that makes gold hard to invest is that you need to have a good amount of money so you can start with that investment but in bitcoin we can start with an amount that we can afford.

You are right with it, only people that has able to invest big capital of money are able to avail to invest with gold. But for those people that cannot
attain to invest with gold, then bitcoin is going to be a good substitute for it. It is going to depend on them on how much they are going to invest in it
and btc is very flexible.
thats true because with gold you cannot get big profit out of a small investment unfortunately while with bitcoin it is definitely possible
you are right we can get a big profit on small investment in gold, i also recommend that bitcoin is much more better we can get a big profit on small investment if we hold it or trade it.

I hope you mean to say that we "cannot" get big profit with small investment in gold and that's true as gold is an investment of rich people and not all can afford to invest in gold.
We should know our places when in comes to investment and being realistic in the way to do it, if we do not have the means to invest in gold then the easiest option to earn is to invest in bitcoin because it is the only promising investment I have see so far.

Exactly, but there are investors that wants to become sure to get profit as they are investing to both of it. Well even though we want to do the same
with them but they have the means of investing to both of it if they can afford. And I think if we are going to work hard with bitcoin we  can also invest in both if we are able to earn good profit with bitcoin.
Both are actually profitable so if we have money to invest it is better to invest on both, bitcoin and gold has different benefits but it all gives profit when investing in the long run, however we do understand that we cannot do afford to invest in both so bitcoin is should be focus then.
member
Activity: 112
Merit: 10
September 02, 2016, 11:42:58 PM
I would say use gold instead of the bitcoin because gold will always be more worth than bitcoin. Because there comes a time that bitcoin will not be used a lot since that's the nature of bitcoin.
It can be exhausted. Gold however has a history of centuries and not just that during that time the reputation and usability of gold always stayed high to very high.



if you say about growth your capital money
bitcoin better than is good and best with compare gold,
but you saving in long term investment gold is better than good and best
sr. member
Activity: 399
Merit: 250
September 02, 2016, 10:34:38 PM
From what I see, they are things with a lot of differences, which may provide specific advantages in different situations. Many of us certainly know the potential of Bitcoin, but the volatility problem may affect your funds, if the main purpose that you seek is the purpose of storing value.
legendary
Activity: 2170
Merit: 1427
September 02, 2016, 07:08:20 PM
Bitcoins is really good as currency but if i need to chosse where to invest my money it's would be gold for sure, cause % of risk is much more lower.

Lower risk equals lower rewards. That being said, it's of course good that you know what the risks are, and act accordingly, but with the potential that Bitcoin has, it is a far more interesting investment option than Gold.
Jump to: