Topic: Bitcoin or gold? - page 35. (Read 984457 times)
If to make an investment I still trust bitcoin because exchange rates often increase in some time So it is possible that in the next few years a person can be successful if able to be patient.
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.
Bitcoin. Here is why
Let us go back 110 years to say 1904 and ask the following question: If you had to convert all your wealth to either horseless carriages (otherwise known as automobiles) or horses and keep it there for 10 years, which would you choose? Keep in mind the fact that horseless carriages have only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
By the way humans had been using horses as a primary form of transportation for millennia, yet in a period of 50 years between 1900 and 1950 they virtually vanished form the transportation scene. Will Bitcoin do the same to gold?
Interesting comparison! Machine and bitcoin! The thought is good, I support it, for the bitcoin is the future. The choice of where to invest is a complex process, and is subject to deep analysis. If I choose where to invest, I started investing in my own education. And then in bitcoin.
I'll go with Bitcoin. In 10 years time Bitcoin might be $1 million or even more. Gold is already over valued in my opinion as its supply is never ending compared to the scarcity of Bitcoin and its technology brings.
Bitcoin is as same as gold has a precious value, But the gold is unsafe to be stored We need to be secured, Because it's possible to somebody or any a member of our family has a self interest. While the bitcoin is the safest way to be stored in a system, Because it's a digital currency it no need a bank to be stored. We just taking carefully and consistently for our personal account.
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.
I’d go for gold. Gold has been present for a long time and it has a store of value while bitcoin doen’t. Besides we’ll never know what will be the future of bitcoin, it can go higher or lower. And there are a lot of government that wants to shut it down. So I think gold would be much safer.
Both. Gold is a secure investment that will last since it has physical state and recognized internationally for ages, and bitcoin has a promising future since we are entering digital era.
I bravely make a choice in favor of Bitcoin, and in favor of gold. Only I have each one in my own way. With the help of Bitcoin, I can earn good money, and with gold I can save them. I think that gold will always be valuable as it was before.
I do not like to spill money in one place so I will split into some kind of investment including gold, especially now that bitcoin prices look hard to ride so it makes me have to think of looking for a more profitable type of investment.
This is an old topic, and the answer is always the same: bitcoin for investments, gold for safety.
Please note that gold's value never changes, what changes is the value of the paper money...
Please note that gold's value never changes, what changes is the value of the paper money...
Buying gold is also invesment and i think it's much more profitable than bitcoin because i'm not losing anything. lol
Gold is not an investment because its inert, its a metal which does nothing. Its not even much of a commodity to speculate markets with. The largest thing it relates to is money. So long as we have the idea of declining dollar or world reserve currency then Gold appears to rise but really its dollar which is losing value.
Even if gold didnt exist on earth right now, in any case US dollar has lost 10% of its value in the last year or so. Thats a fair old chunk of change for something which backs the value of everything for 7 billion people.
But since we do have gold, the price generally rises when dollar has excess supply because gold has a limited regular supply. With a growing world population its pretty much guaranteed that demand continues to balance any industrial advances in mining gold or even discovery.
Bitcoin is really not related, its not inert and it reacts to use alot. Monetary velocity is high where gold when bought by central banks as is happening now in a net position then these banks do not sell again for decades.
I choose gold because bitcoin is virtuel but gold is real.
Bitcoin and gold is has a good value,so I choose them both because it is important ,we do not have to choose anymore, because it is important to people and then gold and bitcoin is important so that we have to choose them both.
I own both gold and crypto-currency. Ever since I invested in crypto-currency 7-8 months back, it has given me more than 1,000% returns. On the other hand, my gold holdings are currently on negative returns.
Gold has down, cause you can mail it to the gold is market place to buy drugs
Bitcoin is for gambling, trading volatility on steroids,not a serious long term store of wealth
Bitcoin is for gambling, trading volatility on steroids,not a serious long term store of wealth
I would probably choose gold. The gold has been there for a quite long time and I think it will still be there even after I die. I did not choose bitcoin for the reason that no one really knows what could happen after a decade. Bitcoin's volatility may raise its value to great limits but I am not sure that will still be it's case after 10 years so chose gold.
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.
Bitcoin because who knows bitcoin price will go up and up soon so, it's price is like a wheel a ladder up and down
There was talk of Bitcoin being the next Gold (meaning both were safe havens). With the recent drop in the markets, that didn't prove to be correct. Bitcoin dropped with stocks and didn't rise with Gold.
Gold is and most likely will stay a long term profitable and safe investment. No legal grey area that could come and bite you someday, not likely to loose value anytime soon (on the long run ofc).
Bitcoin might be the biggest thing of the century, i'm still not sure your banker will trust you with thoses anytime soon.
As always, if you guys can do both ...
Bitcoin might be the biggest thing of the century, i'm still not sure your banker will trust you with thoses anytime soon.
As always, if you guys can do both ...
This is an old topic, and the answer is always the same: bitcoin for investments, gold for safety.
Please note that gold's value never changes, what changes is the value of the paper money...
Please note that gold's value never changes, what changes is the value of the paper money...
Buying gold is also invesment and i think it's much more profitable than bitcoin because i'm not losing anything. lol
This is an old topic, and the answer is always the same: bitcoin for investments, gold for safety.
Please note that gold's value never changes, what changes is the value of the paper money...
Please note that gold's value never changes, what changes is the value of the paper money...
Buying gold is also invesment and i think it's much more profitable than bitcoin because i'm not losing anything. lol
This is an old topic, and the answer is always the same: bitcoin for investments, gold for safety.
Please note that gold's value never changes, what changes is the value of the paper money...
Please note that gold's value never changes, what changes is the value of the paper money...
This will eventually turn around, until then I'd stick to a equal diversification across both.
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