Bitcoin or gold? - page 363. | Bitcointalksearch.org

goldcoinminer

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Quote from: ASHLIUSZ on July 12, 2016, 03:09:47 AM

Quote from: freedomgo on July 12, 2016, 02:53:48 AM

Quote from: Karartma1 on July 12, 2016, 02:30:38 AM

What is really good about bitcoin after all is a very important and simple thing: NO QUESTIONS ASKED.

I create a wallet, put some funds into it and that's it. No questions asked.

Of course, when I will have to redeem thos funds I would have to be careful but for the moment I need a store of value and apart from an inevitable volatility BTC is the best.

I can't carry gold around.

BTC is hard to steal and people will not notice about our status in life because we have our money in the internet and anytime we can use and withdraw it whenever we feel we want to spend in something.

Gold has been used as medium of exchange throughout history,however its inherent characteristics make it quite inefficient as a payment method. Gold is difficult to store or carry and is also very inappropriate for small transactions. On the other hand, Bitcoin is extremely simple to store, easy to carry and also an excellent store of value working as an asset outside of the banking system and government control.

As we are in the modern days now we should be more risky and instead put our money on something that has potential to be a great coin in the future, I believe bitcoin has more of it so I will be risking by choosing bitcoin.

ASHLIUSZ

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Quote from: freedomgo on July 12, 2016, 02:53:48 AM

Quote from: Karartma1 on July 12, 2016, 02:30:38 AM

What is really good about bitcoin after all is a very important and simple thing: NO QUESTIONS ASKED.

I create a wallet, put some funds into it and that's it. No questions asked.

Of course, when I will have to redeem thos funds I would have to be careful but for the moment I need a store of value and apart from an inevitable volatility BTC is the best.

I can't carry gold around.

BTC is hard to steal and people will not notice about our status in life because we have our money in the internet and anytime we can use and withdraw it whenever we feel we want to spend in something.

Gold has been used as medium of exchange throughout history,however its inherent characteristics make it quite inefficient as a payment method. Gold is difficult to store or carry and is also very inappropriate for small transactions. On the other hand, Bitcoin is extremely simple to store, easy to carry and also an excellent store of value working as an asset outside of the banking system and government control.

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Quote from: Karartma1 on July 12, 2016, 02:30:38 AM

What is really good about bitcoin after all is a very important and simple thing: NO QUESTIONS ASKED.

I create a wallet, put some funds into it and that's it. No questions asked.

Of course, when I will have to redeem thos funds I would have to be careful but for the moment I need a store of value and apart from an inevitable volatility BTC is the best.

I can't carry gold around.

BTC is hard to steal and people will not notice about our status in life because we have our money in the internet and anytime we can use and withdraw it whenever we feel we want to spend in something.

Karartma1

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What is really good about bitcoin after all is a very important and simple thing: NO QUESTIONS ASKED.

I create a wallet, put some funds into it and that's it. No questions asked.

Of course, when I will have to redeem thos funds I would have to be careful but for the moment I need a store of value and apart from an inevitable volatility BTC is the best.

I can't carry gold around.

boyptc

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Quote from: diodio5 on July 11, 2016, 07:19:39 PM

Quote from: 23dzmaz on July 11, 2016, 11:48:20 AM

If the price of bitcoin stable like right now, i think it's better to pick bitcoin, because it will be good for long term investment and for transaction too.

I think bitcoin prices will be stable for a specified period of time I'm sure that sooner or later the price is stable at this time will turn into a great fluctuation as usual. so you must be prepared for i. there will always be fluctuations in bitcoin so make sure you already knew that if you choose bitcoin

It is better to choose bitcoin at all. Because gold is really hard to get some of it and it is very expensive. And we all know that bitcoin is also expensive but you can earn with it.
Not with gold, you only mine it or buy it.

sirohige

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Quote from: dihari on July 11, 2016, 06:33:19 PM

People who love and live the risk management will choose bitcoin instead gold. Because with many speculation, i think it will grow up with more people start to use this currency.

But if you are love an ideal life with low risk to drive, choose gold. Because no big reason for gold to loose your money.

agree with you..
but if you see the price f both of them in january 2016, you will find the gold holding growing his money too..
for me both of them is good, the main important when we want to invest is "read the chart" , find the perfect time to buy it, find the super lower price.

diodio5

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Quote from: 23dzmaz on July 11, 2016, 11:48:20 AM

If the price of bitcoin stable like right now, i think it's better to pick bitcoin, because it will be good for long term investment and for transaction too.

I think bitcoin prices will be stable for a specified period of time I'm sure that sooner or later the price is stable at this time will turn into a great fluctuation as usual. so you must be prepared for i. there will always be fluctuations in bitcoin so make sure you already knew that if you choose bitcoin

dihari

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People who love and live the risk management will choose bitcoin instead gold. Because with many speculation, i think it will grow up with more people start to use this currency.

But if you are love an ideal life with low risk to drive, choose gold. Because no big reason for gold to loose your money.

wikenpp

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Quote from: sagyo7 on July 11, 2016, 04:20:13 PM

i choose Gold, The physical gold, we can trade it use it also we can hold it with real hand.

This is what makes gold so valuable. In any country in the world you can trade your gold for fiat, and with that you always hold value if you have gold as jewelry.
Then there is the trust banks lay in gold. Keeping a large reserve to give value to their currency (backed by gold), no any other asset in the world is that valuable. Nor will be that valuable.
Bitcoin included.

expert4knowledge

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Quote from: 23dzmaz on July 11, 2016, 11:48:20 AM

If the price of bitcoin stable like right now, i think it's better to pick bitcoin, because it will be good for long term investment and for transaction too.

Generally I think gold can be much more stable compared to bitcoin but the advantage of bitcoin is its fluctuations which helps venture investors go into it.

sagyo7

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i choose Gold, The physical gold, we can trade it use it also we can hold it with real hand.

Mauser

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Quote from: 23dzmaz on July 11, 2016, 11:48:20 AM

If the price of bitcoin stable like right now, i think it's better to pick bitcoin, because it will be good for long term investment and for transaction too.

If you look a the Charts for this year: Gold +18% Bitcoin +51%

Bitcoin definitely the better investment, but holding both in my opinion the safest way to go.

23dzmaz

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If the price of bitcoin stable like right now, i think it's better to pick bitcoin, because it will be good for long term investment and for transaction too.

livinglegend

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Bitcoin, decentralized, practical, it is the future...

hermanhs09

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Quote from: PokerFace3 on July 11, 2016, 10:25:26 AM

Quote from: Xester on July 11, 2016, 06:07:53 AM

Quote from: tkbx on March 09, 2014, 02:21:54 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.

I will purchase gold and bitcoins.fifty percent goes to buying bitcoin s and the other 50% goes to buying gold. Actually my family was on gold business we have a small scale mining and we also buy and sell gold. Golds price trend is very active compared to bitcoin every minute is of importance to the business. Bitcoins on the other hand is more stable and is steadily increasing in value compared to gold. Both are good for business that's why I chose two of them.

Its good to choose both of them.. Gold is very expensive in this days and BTC are growing day by day... In case the any of those price get low we can balance through others.. So choosing both of them is a good idea for a better business

Yeah,first rule of investing you're money is :
Never put all eggs into one basket.
It is better to make many investment's,than just a single one,right?

randy8777

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Quote from: PokerFace3 on July 11, 2016, 10:25:26 AM

Quote from: Xester on July 11, 2016, 06:07:53 AM

Quote from: tkbx on March 09, 2014, 02:21:54 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.

I will purchase gold and bitcoins.fifty percent goes to buying bitcoin s and the other 50% goes to buying gold. Actually my family was on gold business we have a small scale mining and we also buy and sell gold. Golds price trend is very active compared to bitcoin every minute is of importance to the business. Bitcoins on the other hand is more stable and is steadily increasing in value compared to gold. Both are good for business that's why I chose two of them.

Its good to choose both of them.. Gold is very expensive in this days and BTC are growing day by day... In case the any of those price get low we can balance through others.. So choosing both of them is a good idea for a better business

gold is somewhat of a safe haven for people. if you ask people what will happen once fiat currencies don't have any value anymore, then they will say that gold will be the main currency of the world. that's also the reason for people to store away some gold for the far future. nearly everyone around me does this. just to be one the safe side.

PokerFace3

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Quote from: Xester on July 11, 2016, 06:07:53 AM

Quote from: tkbx on March 09, 2014, 02:21:54 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.

I will purchase gold and bitcoins.fifty percent goes to buying bitcoin s and the other 50% goes to buying gold. Actually my family was on gold business we have a small scale mining and we also buy and sell gold. Golds price trend is very active compared to bitcoin every minute is of importance to the business. Bitcoins on the other hand is more stable and is steadily increasing in value compared to gold. Both are good for business that's why I chose two of them.

Its good to choose both of them.. Gold is very expensive in this days and BTC are growing day by day... In case the any of those price get low we can balance through others.. So choosing both of them is a good idea for a better business

boyptc

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Quote from: Crazygreek on July 11, 2016, 09:35:56 AM

At my opinion people who investing in gold know what are they doing, i don't know nothing about gold and how to make money with it, so bitcoin is my choise.

I only know in gold that the longer time it is the higher price is giving it. But of course I'm not choosing gold. Because it is very hard to acquire one of it.
But with bitcoin you can have it.
Even by just per portion of bitcoin you can have it by working hard to it or just simply buy.

Crazygreek

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At my opinion people who investing in gold know what are they doing, i don't know nothing about gold and how to make money with it, so bitcoin is my choise.

HarryKPeters

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Quote from: sirohige on July 11, 2016, 05:28:28 AM

Quote from: Karartma1 on July 11, 2016, 02:33:12 AM

Who would have picked BTC and gold together on the January 1st this year would have had a huge return today. I still think we should invest on both in different proportions according to our own possibilities. I don't have to explain this, look at the charts.

agree it, both of them rising more at this year.
i think the last issue about brexit make both of them rising. maybe we wil find other good news which make both rising again Roll Eyes

im wait it..

It's strange because brexit did boost the gold price, but had zero impact on bitcoin's price and volume.
The price is not important now, but

I had hoped that investors would 'bitcoin' out.

Topic: Bitcoin or gold? - page 363. (Read 984448 times)