Bitcoin or gold? - page 361. | Bitcointalksearch.org

patronis

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Quote from: matrix zion on July 12, 2016, 09:14:32 PM

Oh there is a big difference between both:
You can actually produce gold :3

I mean btc is all virtual whereas you can physically produce gold.
Ok it's not everyone but you got some jobs that do exactly that!

Well another difference is the potential gain from the investments and assuming that the OP wanted all assets in one currency or another, both have advantages and disadvantages. You're right, gold can be produced but BTC and gold share the trait of being worth what people believe its worth. Owning BTC can be a job just like watching the price of gold, it really depend on what angle you look from, gold may be a bit more stable but it doesn't mean the price cant plummet.

What I'm basically trying to say is that BTC and gold aren't that different and it really just comes down to if the investor is willing to lose his whole investment for a chance at tripling or quadrupling or if they would rather a more stable gamble.

CrimBit

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Quote from: tabas on July 12, 2016, 11:33:10 PM

Quote from: mirakal on July 12, 2016, 11:21:13 PM

Quote from: CrimBit on July 12, 2016, 10:19:38 PM

Quote from: matrix zion on July 12, 2016, 09:14:32 PM

Oh there is a big difference between both:
You can actually produce gold :3

I mean btc is all virtual whereas you can physically produce gold.
Ok it's not everyone but you got some jobs that do exactly that!

the same of both of them is we can use it as investment, i think the real answer is "Where would you choose to invest your money gold or bitcoin?"

I would choose bitcoin with no doubts, that is what you called loyalty, bitcoin has give me something good that I can say a profit, to be able to support bitcoin, I would do invest a decent amount.

Me either it is going to be bitcoin for me and without doubts I'm choosing it because I have experience the convenience of using it.
And it is giving somehow good profit out of it and you can have lots of way in order to earn for it.

bitcoin give more easy way to buy it, we can found alot exchange at this time. and we can save bitcoin at our pocket, at our smartphone.
bitcoin have new technology where the chance to survive higher than gold.

tabas

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Quote from: mirakal on July 12, 2016, 11:21:13 PM

Quote from: CrimBit on July 12, 2016, 10:19:38 PM

Quote from: matrix zion on July 12, 2016, 09:14:32 PM

Oh there is a big difference between both:
You can actually produce gold :3

I mean btc is all virtual whereas you can physically produce gold.
Ok it's not everyone but you got some jobs that do exactly that!

the same of both of them is we can use it as investment, i think the real answer is "Where would you choose to invest your money gold or bitcoin?"

I would choose bitcoin with no doubts, that is what you called loyalty, bitcoin has give me something good that I can say a profit, to be able to support bitcoin, I would do invest a decent amount.

Me either it is going to be bitcoin for me and without doubts I'm choosing it because I have experience the convenience of using it.
And it is giving somehow good profit out of it and you can have lots of way in order to earn for it.

mirakal

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Quote from: CrimBit on July 12, 2016, 10:19:38 PM

Quote from: matrix zion on July 12, 2016, 09:14:32 PM

Oh there is a big difference between both:
You can actually produce gold :3

I mean btc is all virtual whereas you can physically produce gold.
Ok it's not everyone but you got some jobs that do exactly that!

the same of both of them is we can use it as investment, i think the real answer is "Where would you choose to invest your money gold or bitcoin?"

I would choose bitcoin with no doubts, that is what you called loyalty, bitcoin has give me something good that I can say a profit, to be able to support bitcoin, I would do invest a decent amount.

tabas

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Quote from: matrix zion on July 12, 2016, 09:14:32 PM

Oh there is a big difference between both:
You can actually produce gold :3

I mean btc is all virtual whereas you can physically produce gold.
Ok it's not everyone but you got some jobs that do exactly that!

I would preferably choose bitcoin rather than gold. Even though I know gold is much expensive than bitcoin. But the same with gold.
But it is easier to acquire bitcoin rather than gold. And you can buy it for a more lower price unlike gold.

CrimBit

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Quote from: matrix zion on July 12, 2016, 09:14:32 PM

Oh there is a big difference between both:
You can actually produce gold :3

I mean btc is all virtual whereas you can physically produce gold.
Ok it's not everyone but you got some jobs that do exactly that!

the same of both of them is we can use it as investment, i think the real answer is "Where would you choose to invest your money gold or bitcoin?"

valta4065

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Quote from: hermanhs09 on July 12, 2016, 06:45:18 PM

Quote from: Mumbeeptind1963 on July 12, 2016, 05:58:55 PM

Quote from: BTCevo on July 04, 2015, 12:03:38 PM

Quote from: mayflor2 on July 03, 2015, 11:00:12 PM

BitCoin is not as reliable as gold (since it's relatively a new) if I want to invest a lot of money on one. I would rather invest in gold since there's a guarantee that the prices of gold will rise in the upcoming years.

I guess you said gold is more reliable because of the stable price and it is a long term investment but bitcoin still in a labile time because of the volatile price, if one day bitcoin has a stable price Im sure that no one can compare to bitcoin again and bitcoin will be threat to fiat

Bitcoin now is more reliable than gold why? Bcoz if u have a lot of bitcoin you can buy a lot of gold. But if u have a gold do think you can use that to buy anything u want? I think no do sell your gold to make it cash but if you have a bitcoin you can use it to buy anything. So that bitcoin is more reliable to me. Bitcoin now getting higher so i do invest in bitcoin.

Im reading your posts for like 3rd time,and i still cannot understand that logic.
BTC is better than gold,because if you have a lot of btc you can have a lot of gold.
LOL it is reversed also ,if you have a lot of gold you have a lot of btc,and what then?
It is all about deposit,not btc or gold.
There are many people,many playstyles,and everybody have his own.
One prefers to go safe,then he have chosen gold,and the other one like to risk,so he is using btc.
Simple,isn't it?

The difference he's trying to explain is liquidity.

You can sell gold in multiple places really easily with a good price.
How do you liquidate btc? It's not simple at all, especially if you want a market price!

matrix zion

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Oh there is a big difference between both:
You can actually produce gold :3

I mean btc is all virtual whereas you can physically produce gold.
Ok it's not everyone but you got some jobs that do exactly that!

hermanhs09

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Quote from: Mumbeeptind1963 on July 12, 2016, 05:58:55 PM

Quote from: BTCevo on July 04, 2015, 12:03:38 PM

Quote from: mayflor2 on July 03, 2015, 11:00:12 PM

BitCoin is not as reliable as gold (since it's relatively a new) if I want to invest a lot of money on one. I would rather invest in gold since there's a guarantee that the prices of gold will rise in the upcoming years.

I guess you said gold is more reliable because of the stable price and it is a long term investment but bitcoin still in a labile time because of the volatile price, if one day bitcoin has a stable price Im sure that no one can compare to bitcoin again and bitcoin will be threat to fiat

Bitcoin now is more reliable than gold why? Bcoz if u have a lot of bitcoin you can buy a lot of gold. But if u have a gold do think you can use that to buy anything u want? I think no do sell your gold to make it cash but if you have a bitcoin you can use it to buy anything. So that bitcoin is more reliable to me. Bitcoin now getting higher so i do invest in bitcoin.

Im reading your posts for like 3rd time,and i still cannot understand that logic.
BTC is better than gold,because if you have a lot of btc you can have a lot of gold.
LOL it is reversed also ,if you have a lot of gold you have a lot of btc,and what then?
It is all about deposit,not btc or gold.
There are many people,many playstyles,and everybody have his own.
One prefers to go safe,then he have chosen gold,and the other one like to risk,so he is using btc.
Simple,isn't it?

Mumbeeptind1963

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Quote from: BTCevo on July 04, 2015, 12:03:38 PM

Quote from: mayflor2 on July 03, 2015, 11:00:12 PM

BitCoin is not as reliable as gold (since it's relatively a new) if I want to invest a lot of money on one. I would rather invest in gold since there's a guarantee that the prices of gold will rise in the upcoming years.

I guess you said gold is more reliable because of the stable price and it is a long term investment but bitcoin still in a labile time because of the volatile price, if one day bitcoin has a stable price Im sure that no one can compare to bitcoin again and bitcoin will be threat to fiat

Bitcoin now is more reliable than gold why? Bcoz if u have a lot of bitcoin you can buy a lot of gold. But if u have a gold do think you can use that to buy anything u want? I think no do sell your gold to make it cash but if you have a bitcoin you can use it to buy anything. So that bitcoin is more reliable to me. Bitcoin now getting higher so i do invest in bitcoin.

Vikingr

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Quote from: lienfaye on July 12, 2016, 11:31:02 AM

Quote from: goldcoinminer on July 12, 2016, 10:33:16 AM

Quote from: Zadicar on July 12, 2016, 10:16:53 AM

I'll choose both because those two have the potential to increase prices insanely in future. If you have gold and Bitcoin just hold it or invest some part of it in able to grow in some way and spending wisely to avoid loss.

Good plan but only few can do that because we are not all born rich, some has only a little amount of money to start with investing and it is apparent that investing in gold requires a good amount of money to earn a decent income.

Both has different advantages. when you keep gold, the price of it as time passes by become higher and its a good investment. in bitcoin the value of it is not stable, either increases or decreases and its a good opportunity too. it has also many uses so its hard to choose between the two but for me i guess i prefer the gold.

In that two cases I will choose for bitcoin, as the trader work with price ups and downs, they love it, because it that situation we buy bitcoins when the price is lower and whenever the price of bitcoin once again rise we sell them so with that we earn a good profit, but for gold we cannot see that feature effectively.

phil9

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Both will always follow the same trend... I doubt Bitcoin will ever become a direct payment method, but it can be a valuable commodity.

HarryKPeters

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Quote from: Farma on July 12, 2016, 10:34:04 AM

Quote from: Zadicar on July 12, 2016, 10:16:53 AM

I'll choose both because those two have the potential to increase prices insanely in future. If you have gold and Bitcoin just hold it or invest some part of it in able to grow in some way and spending wisely to avoid loss.

Well, if everyone could choose neither course everyone would do it, but it would be difficult to focus on two different things, I also want to choose both, but it was very difficult, so I chose bitcoin as a tool to develop the business I do for these days, so maybe you also have to choose a bitcoin, because bitcoin has a greater opportunity

The thing is that bitcoin has potential, but gold is one which has potential too backed by security.
In the end every investors, big or small needs security.

neochiny

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Quote from: Farma on July 12, 2016, 10:34:04 AM

Quote from: Zadicar on July 12, 2016, 10:16:53 AM

I'll choose both because those two have the potential to increase prices insanely in future. If you have gold and Bitcoin just hold it or invest some part of it in able to grow in some way and spending wisely to avoid loss.

Well, if everyone could choose neither course everyone would do it, but it would be difficult to focus on two different things, I also want to choose both, but it was very difficult, so I chose bitcoin as a tool to develop the business I do for these days, so maybe you also have to choose a bitcoin, because bitcoin has a greater opportunity

i agree!! it would not be wise to choose both even if you have the ability to do so, both have a different price movement
bitcoins price is more active the gold which is why its better to use it constantly(trade,loaning,investing etc..) than
just storing it for 10 years(just like the OP of this thread stated) and wait for the price to increase.

lienfaye

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Quote from: goldcoinminer on July 12, 2016, 10:33:16 AM

Quote from: Zadicar on July 12, 2016, 10:16:53 AM

I'll choose both because those two have the potential to increase prices insanely in future. If you have gold and Bitcoin just hold it or invest some part of it in able to grow in some way and spending wisely to avoid loss.

Good plan but only few can do that because we are not all born rich, some has only a little amount of money to start with investing and it is apparent that investing in gold requires a good amount of money to earn a decent income.

Both has different advantages. when you keep gold, the price of it as time passes by become higher and its a good investment. in bitcoin the value of it is not stable, either increases or decreases and its a good opportunity too. it has also many uses so its hard to choose between the two but for me i guess i prefer the gold.

Farma

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Quote from: Zadicar on July 12, 2016, 10:16:53 AM

I'll choose both because those two have the potential to increase prices insanely in future. If you have gold and Bitcoin just hold it or invest some part of it in able to grow in some way and spending wisely to avoid loss.

Well, if everyone could choose neither course everyone would do it, but it would be difficult to focus on two different things, I also want to choose both, but it was very difficult, so I chose bitcoin as a tool to develop the business I do for these days, so maybe you also have to choose a bitcoin, because bitcoin has a greater opportunity

goldcoinminer

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Quote from: Zadicar on July 12, 2016, 10:16:53 AM

I'll choose both because those two have the potential to increase prices insanely in future. If you have gold and Bitcoin just hold it or invest some part of it in able to grow in some way and spending wisely to avoid loss.

Good plan but only few can do that because we are not all born rich, some has only a little amount of money to start with investing and it is apparent that investing in gold requires a good amount of money to earn a decent income.

Zadicar

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I'll choose both because those two have the potential to increase prices insanely in future. If you have gold and Bitcoin just hold it or invest some part of it in able to grow in some way and spending wisely to avoid loss.

yugo23

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I work a bit with gold so I always have some for me.

Btc has the advantage to have a price which increases, it happens less with gold.
But the good point of gold is that it doesn't change!
The price nearly never change ^^

mirakal

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Quote from: uname on July 12, 2016, 09:42:36 AM

Quote from: Colt22 on July 12, 2016, 07:16:02 AM

I thing bitcoinis more better than gold as with bitcoin we can earn a bigger profit within a shorter time, and the other feature of bitcoin is that we can buy things directly with bitcoin and with gold we cannot buy things directly.

yeah we could not get a big profit in the short term if you invest in gold. You can do this in bitcon. of course I will also choose bitcoin. because I have a small capital and bitcoin suitable for that

That is just normal as due to gold is very safe it comes also with less profit when investing, with high volatility and risky bitcoins we can expect great profit when we succeed on seeing the price to increase.

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