Bitcoin or gold? - page 355. | Bitcointalksearch.org

DeDordtenaar

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Quote from: tampazeus on July 19, 2016, 07:56:35 AM

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Both the bitcoin and the gold will rise in value in the long term. But I think the bitcoin is more useful in the daily life.

I would go for bitcoins only because this is an developing technology through which billions of dollars are getting circulated. When you consider gold, it is a commodity and based on quality price differs. In bitcoin it is common to earn profit in short term as well as its purely based on technology which can provide big profit compared to gold. So bitcoin is given priority...

At this stage investing in bitcoin is the right thing to do, as users are increasing and bitcoin is getting more popular now so it can be the best investment for the future.

That is true, and at this moment all we have to do is to trust the future of bitcoins and by saying trust we should risk a decent amount for long term investment and make sure you will not touch it for a longer period of time but it is also necessary to make a specific target of date.

Bitcoin has going to have good future at all. We just have to wait for the price to increase dramatically.
But if you are holding gold too that is better to have both investment.

Patience is virtue just like what they said and that could be applicable in real life investing, with bitcoins that is increasing now the future is really great if you have patience will not easily dump your bitcoins once you see a good price increase.

If you can afford to hold your coins for next 5 years then I think you should invest in bitcoin as if you compare the profits of gold and bitcoin then bitcoin will give you higher profits.

Yes! because gold is safer therefore the income is less and in safer investment it always requires a huge capital to earn profit, micro investors should focus on bitcoins because we can multiply our investment in the future if bitcoins will continue to succeed.

Yeah and bitcoin allow us to invest in small parts which is not possible with gold, and bitcoin can be used in multiple ways like online shopping, money transfers etc which is not possible with gold.

Lol yeah even you can buy only several satoshi only there is no limit to purchase or minimum purchase for bitcoin, is different when you invest in gold. maybe store would not sell gold for less than 1 ounce or 1 gram. especially in the gold price is quite slow for those who own a little capital would not be profitable

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Quote from: yenxz on July 20, 2016, 02:26:53 AM

Quote from: tkbx on March 09, 2014, 01:21:54 PM

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.

Indeed, both have similarities on the price fluctuations . we will not know if today 's price of gold rose bitcoin and either tomorrow whether going up or down . but if to choose I would choose both because it promises good prospects for the future of bitcoin or gold. both are good for long term investment . keep in mind that in a business would always be a risk.

With this current trend I believe bitcoin will be more profitable than gold although I believe that gold is more secured than bitcoins. With bitcoins, it is only for the risk takers who dream to be successful and be part of the history of the coin that is going to be huge in the future.

yenxz

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Quote from: tkbx on March 09, 2014, 01:21:54 PM

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.

Indeed, both have similarities on the price fluctuations . we will not know if today 's price of gold rose bitcoin and either tomorrow whether going up or down . but if to choose I would choose both because it promises good prospects for the future of bitcoin or gold. both are good for long term investment . keep in mind that in a business would always be a risk.

madwica

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Quote from: goldcoinminer on July 20, 2016, 01:23:09 AM

Quote from: tabas on July 20, 2016, 12:23:07 AM

Quote from: diodio5 on July 20, 2016, 12:12:34 AM

Quote from: Mometaskers on July 15, 2016, 02:48:20 AM

The gold is a proven store of wealth. But the Bitcoin is the new money. You can use it to buy many things.

yeah a lot of rich people keep most of their wealth in gold. I think they just went along with the tradition that it is not seen is it gold still has
the potential for high value in the future or not? they do not see the potential in other fields such as bitcoin. I think they are stupid and blind

Well they are just setting up aside because gold has been always proved it preciousness for centuries. That's why rich people are referring to invest in bitcoin. But I'm sure that there are rich people too that are referring to invest in bitcoin.
Because it is an online gold.

Rich people has a lot of money to invest and in order to protect their investment they do diversification. Investing in low risk and high risk is their game but those are calculated risk, I would not be surprise if rich people are the whales in bitcoin economy.

That is true that rich people can invest a lot of thing either bitcoin or gold they are capable to buy.
But for me who do not have a lot of money i can only invest in bitcoin and i like to use bitcoin in online transactions its very convenient for me.

goldcoinminer

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Quote from: tabas on July 20, 2016, 12:23:07 AM

Quote from: diodio5 on July 20, 2016, 12:12:34 AM

Quote from: Mometaskers on July 15, 2016, 02:48:20 AM

The gold is a proven store of wealth. But the Bitcoin is the new money. You can use it to buy many things.

yeah a lot of rich people keep most of their wealth in gold. I think they just went along with the tradition that it is not seen is it gold still has
the potential for high value in the future or not? they do not see the potential in other fields such as bitcoin. I think they are stupid and blind

Well they are just setting up aside because gold has been always proved it preciousness for centuries. That's why rich people are referring to invest in bitcoin. But I'm sure that there are rich people too that are referring to invest in bitcoin.
Because it is an online gold.

Rich people has a lot of money to invest and in order to protect their investment they do diversification. Investing in low risk and high risk is their game but those are calculated risk, I would not be surprise if rich people are the whales in bitcoin economy.

tabas

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Quote from: diodio5 on July 20, 2016, 12:12:34 AM

Quote from: Mometaskers on July 15, 2016, 02:48:20 AM

The gold is a proven store of wealth. But the Bitcoin is the new money. You can use it to buy many things.

yeah a lot of rich people keep most of their wealth in gold. I think they just went along with the tradition that it is not seen is it gold still has
the potential for high value in the future or not? they do not see the potential in other fields such as bitcoin. I think they are stupid and blind

Well they are just setting up aside because gold has been always proved it preciousness for centuries. That's why rich people are referring to invest in bitcoin. But I'm sure that there are rich people too that are referring to invest in bitcoin.
Because it is an online gold.

diodio5

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Quote from: Mometaskers on July 15, 2016, 02:48:20 AM

The gold is a proven store of wealth. But the Bitcoin is the new money. You can use it to buy many things.

yeah a lot of rich people keep most of their wealth in gold. I think they just went along with the tradition that it is not seen is it gold still has
the potential for high value in the future or not? they do not see the potential in other fields such as bitcoin. I think they are stupid and blind

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Quote from: blackmachinegun on July 19, 2016, 10:33:45 PM

Quote from: fkvidar on July 19, 2016, 02:46:35 PM

Quote from: pearnapple on July 19, 2016, 02:43:57 PM

i think bitcoin is definitely better than gold has ever been or will be, bitcoin is always the way to go if you want to spend it or if you want to just have a great investment

Bitcoin is always better in compare to gold at a moment when it comes to an investment as price fluctuations in bitcoin allows to make quick profits which is not possible with gold.

I thought for a moment bitcoin will be like gold where the price does not have a high speed and fluctuations the price of bitcoin will become very stable as it is today and it will make the longer patient and wait time pump. I really do not like this time. I prefer the price fluctuates compared to stable

it is too soon for that, bitcoin is still finding its place in the financial world and it is not yet fully adopted, that is why there is this much fluctuation. but in a couple of years in the future when/if bitcoin gets more popular than now and finds its real place in the world then it can reach that stability that you are looking for.

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Quote from: fkvidar on July 19, 2016, 02:46:35 PM

Quote from: pearnapple on July 19, 2016, 02:43:57 PM

i think bitcoin is definitely better than gold has ever been or will be, bitcoin is always the way to go if you want to spend it or if you want to just have a great investment

Bitcoin is always better in compare to gold at a moment when it comes to an investment as price fluctuations in bitcoin allows to make quick profits which is not possible with gold.

I thought for a moment bitcoin will be like gold where the price does not have a high speed and fluctuations the price of bitcoin will become very stable as it is today and it will make the longer patient and wait time pump. I really do not like this time. I prefer the price fluctuates compared to stable

diodio5

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Quote from: pearnapple on July 19, 2016, 02:43:57 PM

i think bitcoin is definitely better than gold has ever been or will be, bitcoin is always the way to go if you want to spend it or if you want to just have a great investment

yeah bitcoin has more functions compared to gold because bitcoin is created for investments and currencies. so that's why bitcoin is more potent in the appeal of gold. and perhaps the future of gold will lower the popularity and the popular bitcoin will increase price of course will follow

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