Bitcoin or gold? - page 349. | Bitcointalksearch.org

deisik

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Quote from: PacePay on July 28, 2016, 05:41:28 PM

Quote from: madwica on July 28, 2016, 12:33:56 AM

For me both bitcoin and gold is good to invest if you have a lot of money because Gold is for rich people who can able to buy piece of gold even bulky while in bitcoin everybody can do investment because there is no limit to buy bitcoin that is why bitcoin has much more investor than gold.

For me gold is not favorable, as I want to earn faster and this feature can only provided by bitcoin no any other asset is able to provide such a faster profit, and the other thing is that only those people can invest in gold who have a lot of money and do not feel its need for their use

It seems that you are highly unfamiliar with financial assets available for trading. For example, options (including gold options) can yield profits (in %%) that you will never be able to make with Bitcoin...

Though you can easily incur as large losses, indeed

PacePay

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Quote from: madwica on July 28, 2016, 12:33:56 AM

For me both bitcoin and gold is good to invest if you have a lot of money because Gold is for rich people who can able to buy piece of gold even bulky while in bitcoin everybody can do investment because there is no limit to buy bitcoin that is why bitcoin has much more investor than gold.

For me gold is not favorable, as I want to earn faster and this feature can only provided by bitcoin no any other asset is able to provide such a faster profit, and the other thing is that only those people can invest in gold who have a lot of money and do not feel its need for their use.

agustina2

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Quote from: Fanpant on July 28, 2016, 03:29:35 PM

I prefer bitcoin or other currencies such as Ethereum or Monero. They are more useful to buy things.

More useful? Buy why your ETH and Monero are not that popular compare to bitcoin or even we are to matched it with gold?

Look like you need some more research about your claims.

richardsNY

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Quote from: madwica on July 28, 2016, 12:33:56 AM

For me both bitcoin and gold is good to invest if you have a lot of money because Gold is for rich people who can able to buy piece of gold even bulky while in bitcoin everybody can do investment because there is no limit to buy bitcoin that is why bitcoin has much more investor than gold.

You don't have to be rich in order to buy Gold. You can buy a gram of Gold if you so wish. However, quite often you'll find yourself pay an extra premium over the initial amount you want to buy. The premium over the market price is around 10% here. So for example, if you buy yourself 10 grams of Gold for $500, then you'll pay an extra $50 over the Gold you bought.

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I prefer bitcoin or other currencies such as Ethereum or Monero. They are more useful to buy things.

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Quote from: madwica on July 28, 2016, 12:33:56 AM

For me both bitcoin and gold is good to invest if you have a lot of money because Gold is for rich people who can able to buy piece of gold even bulky while in bitcoin everybody can do investment because there is no limit to buy bitcoin that is why bitcoin has much more investor than gold.

Yes that's the reality of it, they are both good thing to invest your money and it is going to depend on how you are going to manage your investments to them and as well as your time. Gold has been known for centuries and it is really important people tend to think if you have gold, you are already rich. But now if the people sees you holding a lot if bitcoins you are going to be rich.

madwica

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For me both bitcoin and gold is good to invest if you have a lot of money because Gold is for rich people who can able to buy piece of gold even bulky while in bitcoin everybody can do investment because there is no limit to buy bitcoin that is why bitcoin has much more investor than gold.

boyptc

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Quote from: GamingBro on July 27, 2016, 11:31:53 AM

I can't even understand why people comparing bitcoins and gold, they are so different and money from investments is so different too, at my opinion better to concentrate on something that you like more.

For me even they are different, I can say that they are both good to use, gold for jewelries and luxury things. And bitcoin is good for an online investment start like trading and any other bitcoin related things. And it is possible that bitcoin is the gold of the new century. I think that is appropriate at all if we are going to think about it.

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Quote from: 8Habits on July 27, 2016, 08:07:02 AM

Quote from: ASHLIUSZ on July 27, 2016, 05:37:15 AM

Quote from: chineseprancing on July 27, 2016, 04:42:07 AM

Quote from: goldcoinminer on July 27, 2016, 04:13:17 AM

Quote from: sobsitesearch on July 27, 2016, 02:46:51 AM

For me Gold is much better for long term investment because value of bitcoin not goes down while in bitcoin you do not have assurance if the price will goes higher than you invest due to fluctuation of the price.
But if you not afford to invest in gold it is good to invest in bitcoin.

You are right and you are playing the right way of investment but still not good to focus on new investments alone as there are other opportunities that could give you more profit even with little investment and that is none other than bitcoins.

We should invest some of our savings to the future.

I agree that we need to have more saving than our investments,
And for me i choose to invest in bitcoin because it is much affordable than gold.

Bitcoin has been a better investment choice than gold for the most of the last 7 years. No one could argue that decades from now gold would still be a very valuable asset. On the other hand, the future of bitcoin is way more uncertain. It could end up being 10 or 100 times more valuable than it is now, but it could also be made obsolete by newer and technologically superior cryptocurrencies.

Well put. With gold, you can have that feel of ownership and the price goes up and is tested by time already. With bitcoin, the future is uncertain but we see a lot of potentials to it at present time. The best approach here is to invest in 2 investment vehicles - bitcoin and gold.

After all, life is full of uncertainties and the only certain is death.

Wether what you choose on the two it will still be a good decision since these two has different advantages. For gold, you're certain that you will get profit because the value of it will give an assurance to go higher. Bitcoin can also give you a profit but unlike in gold this is way faster to have because of bitcoin's volatility.

MyIdeas

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Quote from: sobsitesearch on July 27, 2016, 02:46:51 AM

For me Gold is much better for long term investment because value of bitcoin not goes down while in bitcoin you do not have assurance if the price will goes higher than you invest due to fluctuation of the price.
But if you not afford to invest in gold it is good to invest in bitcoin.

if me you and everyone will invest in bitcoin then the price of bitcoin will definitely increase and this increase will be a guaranteed increase and if we stay with it for longer then it will reach to every corner of the world and also there will be chances when governments will adopt it and in return a chance of global currency will wait for it.

GamingBro

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I can't even understand why people comparing bitcoins and gold, they are so different and money from investments is so different too, at my opinion better to concentrate on something that you like more.

deisik

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Quote from: WEBcreator on July 27, 2016, 11:01:44 AM

Quote from: deisik on July 27, 2016, 10:41:10 AM

Quote from: WEBcreator on July 27, 2016, 10:22:32 AM

Quote from: kurt14 on July 27, 2016, 09:17:18 AM

I will choose bitcoin over gold. Why? because I have no idea on how I will earn gold or how will use it. The only thing I know about gold is I can sell it to those smiths or pawnshops.

People choose gold over the other investment in this world not because they know how to use it or deal with it but because it has the most stable price among every other thing currently. If someone wants to save up their money against inflation then gold is probably the most suitable thing for that

Such people are aptly but somewhat derogatory called "gold bugs" (though they are proud being nicknamed like that)

These kind of people is actually a great 'asset' for bitcoin growth. As they tend to keep their fiat in form of gold because of inflation, they probably will get their hands on bitcoin as well if they know about this, the only problem is that the volatility is killing the chance for people to do so right now

Gold bugs are highly conservative (otherwise they wouldn't be into gold in the first place), so I am dead sure they will choose gold over Bitcoin any day...

In fact, some of them consider Bitcoin as being even more evil than fiat itself

WEBcreator

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Quote from: deisik on July 27, 2016, 10:41:10 AM

Quote from: WEBcreator on July 27, 2016, 10:22:32 AM

Quote from: kurt14 on July 27, 2016, 09:17:18 AM

I will choose bitcoin over gold. Why? because I have no idea on how I will earn gold or how will use it. The only thing I know about gold is I can sell it to those smiths or pawnshops.

People choose gold over the other investment in this world not because they know how to use it or deal with it but because it has the most stable price among every other thing currently. If someone wants to save up their money against inflation then gold is probably the most suitable thing for that

Such people are aptly but somewhat derogatory called "gold bugs" (though they are proud being nicknamed like that)

These kind of people is actually a great 'asset' for bitcoin growth. As they tend to keep their fiat in form of gold because of inflation, they probably will get their hands on bitcoin as well if they know about this, the only problem is that the volatility is killing the chance for people to do so right now

deisik

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Quote from: WEBcreator on July 27, 2016, 10:22:32 AM

Quote from: kurt14 on July 27, 2016, 09:17:18 AM

I will choose bitcoin over gold. Why? because I have no idea on how I will earn gold or how will use it. The only thing I know about gold is I can sell it to those smiths or pawnshops.

People choose gold over the other investment in this world not because they know how to use it or deal with it but because it has the most stable price among every other thing currently. If someone wants to save up their money against inflation then gold is probably the most suitable thing for that

Such people are aptly but somewhat derogatory called "gold bugs" (though they are proud being nicknamed like that)

WEBcreator

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Quote from: kurt14 on July 27, 2016, 09:17:18 AM

I will choose bitcoin over gold. Why? because I have no idea on how I will earn gold or how will use it. The only thing I know about gold is I can sell it to those smiths or pawnshops.

People choose gold over the other investment in this world not because they know how to use it or deal with it but because it has the most stable price among every other thing currently. If someone wants to save up their money against inflation then gold is probably the most suitable thing for that

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Quote from: kurt14 on July 27, 2016, 09:17:18 AM

I will choose bitcoin over gold. Why? because I have no idea on how I will earn gold or how will use it. The only thing I know about gold is I can sell it to those smiths or pawnshops.

the first time you use bitcoin did you have any idea how to use it? NO, just like what you did in bitcoin learning and
searching will make you knowledgeable enough to know what to do, then apply the same method you use to gold
and you will have the same result and gold is one of the best investment options out there and trying will not fail
you.

kurt14

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I will choose bitcoin over gold. Why? because I have no idea on how I will earn gold or how will use it. The only thing I know about gold is I can sell it to those smiths or pawnshops.

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Quote from: rio3233 on July 27, 2016, 08:35:18 AM

Bitcoin and gold are good and both also have a good price for each. For long term investment i prefer choose gold because i think it's more safe than bitcoin.

yes I agree with you. gold guarantee us to invest in the long term. while bitcoin has so prices change at any time. bitcoin for short-term investments will be more promising. every investment has advantages and disadvantages of each.

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Quote from: chineseprancing on July 27, 2016, 04:42:07 AM

Quote from: goldcoinminer on July 27, 2016, 04:13:17 AM

Quote from: sobsitesearch on July 27, 2016, 02:46:51 AM

For me Gold is much better for long term investment because value of bitcoin not goes down while in bitcoin you do not have assurance if the price will goes higher than you invest due to fluctuation of the price.
But if you not afford to invest in gold it is good to invest in bitcoin.

You are right and you are playing the right way of investment but still not good to focus on new investments alone as there are other opportunities that could give you more profit even with little investment and that is none other than bitcoins.

We should invest some of our savings to the future.

I agree that we need to have more saving than our investments,
And for me i choose to invest in bitcoin because it is much affordable than gold.

i also always choose to invest into bitcoins only, i think that the price is going to go to the moon in like a month or so so we would make big money

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Under the right circumstances both bitcoin and gold make good vehicles for long term investments. But I prefer bitcoins because it is much more awesome.

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