Topic: Bitcoin or gold? - page 371. (Read 984457 times)

Quote from: goldcoinminer on July 03, 2016, 06:19:22 AM

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?

The best thing you could use for just paying things in real stores is offcourse gold because everyone will accepts it you know. I dont think bitcoin is meaned for that
bitcoins are only for investments and other things where you can earn allot of money with you know dont buy things with coins.

I don't think there is a store that accepts payment through gold. Unlike bitcoin there are a lot of merchants and stores that do accept bitcoin.
But with gold I think there is none.

Well Gold is the not currency. And we are not living in a barter system where people exchange goods for goods. Bitcoin is a currency and the stores should accept it. Currently not many stores and shop accept it as it is not being popular everywhere.

That's why bitcoin is much better rather than gold. With gold you cannot buy bitcoin. But with bitcoin you can buy gold to it.
And there are a lot of advantage on bitcoin rather than gold.

There will be a time in future when we would be able to spend bitcoin everywhere and it will also give best returns in future when price will go higher.

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Quote from: Cozynunu on July 04, 2016, 08:11:18 AM

I also want bitcoin its very affordable than gold i can say that because im not a rich person and also i can earn in bitcoin easily without investing money while in gold youll need to have big amount of money to buy and to have a big income on it.

I want gold but I don't have it. So I would choose wisely that bitcoin is better than gold. But it is better if you are going to have them both.
As both of them are good for investment and it can give you good profit for a long term.

It is better to be practical now and make an effort one step at a time, you understand that gold needs to have a good amount of investment to be profitable, however in bitcoin, you can start the soonest when you have a little amount. When you are good in making money, you can easily increase your capital with bitcoins.

I think in this time we need both, gold can be our fixed deposit and we can invest on something by BTC, as the price of BTC keep fluctuating more frequently and very good for trading !
we may loose the Bitcoin but the price of gold remain same for a long time or less fluctuating, so we need both of them for future but for the present situation Bitcoin is more valuable i think....

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Quote from: ArticMine on March 09, 2014, 06:29:56 PM

Quote from: redsun114 on July 03, 2016, 04:25:13 AM

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?

The best thing you could use for just paying things in real stores is offcourse gold because everyone will accepts it you know. I dont think bitcoin is meaned for that
bitcoins are only for investments and other things where you can earn allot of money with you know dont buy things with coins.

I don't think there is a store that accepts payment through gold. Unlike bitcoin there are a lot of merchants and stores that do accept bitcoin.
But with gold I think there is none.

Well Gold is the not currency. And we are not living in a barter system where people exchange goods for goods. Bitcoin is a currency and the stores should accept it. Currently not many stores and shop accept it as it is not being popular everywhere.

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Quote from: saiha on July 02, 2016, 06:21:19 AM

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Quote from: hanifhadzar on July 01, 2016, 01:21:05 PM

hard to choose. realistically speaking, no investment is ever 100% secure. maybe i'll just convert half to gold and half to bitcoin.
but im believe for bitcoin have a nice future .

You are right that there is no safe investment at all. Bitcoin and gold does risk at all. But for me, it is better if you are just going to take over their advantages for an investment.
Because both of them really have a good investment output.

At this stage I will prefer to invest in halving only because of the fact that halving is coming which will allow me to make good profits, so my first priority would be bitcoins.

I will always choose bitcoin rather than gold. Even though we all know that gold is much more appreciated and well known rather than bitcoin.
But it is better to invest in bitcoin today.
And you said it right better to invest because of the upcoming bitcoin halving.

Both are precious for the economy. But currently bitcoins have more prospects. This is the time to invest in bitcoins to gain huge profit from the bitcoin halving. The value of bitcoins can drastically increase. Gold in other hand is very precious as well. But for financial gain I would say BITCOINS !!!!

I think bitcoin does not depend on the economy for many who use it bitcoin will still exist it quite different with gold that can be influenced by the economic growth.

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Quote from: Cozynunu on July 04, 2016, 08:11:18 AM

Quote from: ArticMine on March 09, 2014, 06:29:56 PM

Quote from: ArticMine on March 09, 2014, 06:29:56 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.

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?

The best thing you could use for just paying things in real stores is offcourse gold because everyone will accepts it you know. I dont think bitcoin is meaned for that
bitcoins are only for investments and other things where you can earn allot of money with you know dont buy things with coins.

Bitcoin is an currency but now people have started to treat it as an investment, and if we want to see higher price of bitcoin in future then we should spend it like other currencies.

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Quote from: Cyaren on July 04, 2016, 06:48:50 AM

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?

The best thing you could use for just paying things in real stores is offcourse gold because everyone will accepts it you know. I dont think bitcoin is meaned for that
bitcoins are only for investments and other things where you can earn allot of money with you know dont buy things with coins.

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As with any Investments diversification is the key. I would recommend Splitting your funds 50/50 between Bitcoins and Gold.

Gold is pretty good hedge against another crash and always increased in value in the past. I believe any Portfolio should hold some commodities like Gold or Silver.

Just note the Gold Price is quite high again...better try to buy over time not all at once if you want to keep it for 10 years.

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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.

If i would have to choose gold or bitcoin? Well i would do gold probably cause i wouldnt risk almost anything cause gold is almost expensive.
About bitcoin i dont know,it may fall finally,10 years it is goddamn a lot of time so anything can happen,even btc back to 10$ hahahah.
what bout u guys?

I am not thinking of too long, I am short term believer, so I would prefer to invest in bitcoin till its alive and grab each and every opportunity to make profits from it.

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Quote from: tampazeus on July 04, 2016, 05:28:43 AM

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.

If i would have to choose gold or bitcoin? Well i would do gold probably cause i wouldnt risk almost anything cause gold is almost expensive.
About bitcoin i dont know,it may fall finally,10 years it is goddamn a lot of time so anything can happen,even btc back to 10$ hahahah.
what bout u guys?

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Quote from: jossiel on July 04, 2016, 05:24:13 AM

Quote from: Bemerand on July 04, 2016, 05:15:49 AM

Quote from: jossiel on July 04, 2016, 05:24:13 AM

I also want bitcoin its very affordable than gold i can say that because im not a rich person and also i can earn in bitcoin easily without investing money while in gold youll need to have big amount of money to buy and to have a big income on it.

I want gold but I don't have it. So I would choose wisely that bitcoin is better than gold. But it is better if you are going to have them both.
As both of them are good for investment and it can give you good profit for a long term.

The gold is difficult to get and difficult to store. So I prefer the bitcoin and I have accumulated some.

We have the same point of view, gold is very expensive and hard to get unlike bitcoin there are a lot of ways to earn for it.
That's I'm also going to choose bitcoin instead of gold.
But if there is going to be a chance that someone is going to give me gold then I will accept it.

Investing in gold is an expensive affair as you need to buy certain fixed amount of it, where as in bitcoin you can buy even with a small amount and gold cannot be earned but bitcoin can.

Exactly, gold is very expensive and only rich people can avail to have gold. But with bitcoin anyone can get it regardless its financial status.
So it is better to go with bitcoin.
And bitcoin offers a lot of opportunities fair to all of us.

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Quote from: Bemerand on July 04, 2016, 05:15:49 AM

Quote from: Bemerand on July 04, 2016, 05:15:49 AM

I also want bitcoin its very affordable than gold i can say that because im not a rich person and also i can earn in bitcoin easily without investing money while in gold youll need to have big amount of money to buy and to have a big income on it.

I want gold but I don't have it. So I would choose wisely that bitcoin is better than gold. But it is better if you are going to have them both.
As both of them are good for investment and it can give you good profit for a long term.

The gold is difficult to get and difficult to store. So I prefer the bitcoin and I have accumulated some.

We have the same point of view, gold is very expensive and hard to get unlike bitcoin there are a lot of ways to earn for it.
That's I'm also going to choose bitcoin instead of gold.
But if there is going to be a chance that someone is going to give me gold then I will accept it.

Investing in gold is an expensive affair as you need to buy certain fixed amount of it, where as in bitcoin you can buy even with a small amount and gold cannot be earned but bitcoin can.

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I also want bitcoin its very affordable than gold i can say that because im not a rich person and also i can earn in bitcoin easily without investing money while in gold youll need to have big amount of money to buy and to have a big income on it.

I want gold but I don't have it. So I would choose wisely that bitcoin is better than gold. But it is better if you are going to have them both.
As both of them are good for investment and it can give you good profit for a long term.

The gold is difficult to get and difficult to store. So I prefer the bitcoin and I have accumulated some.

We have the same point of view, gold is very expensive and hard to get unlike bitcoin there are a lot of ways to earn for it.
That's I'm also going to choose bitcoin instead of gold.
But if there is going to be a chance that someone is going to give me gold then I will accept it.

Bemerand

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I also want bitcoin its very affordable than gold i can say that because im not a rich person and also i can earn in bitcoin easily without investing money while in gold youll need to have big amount of money to buy and to have a big income on it.

I want gold but I don't have it. So I would choose wisely that bitcoin is better than gold. But it is better if you are going to have them both.
As both of them are good for investment and it can give you good profit for a long term.

The gold is difficult to get and difficult to store. So I prefer the bitcoin and I have accumulated some.

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I also want bitcoin its very affordable than gold i can say that because im not a rich person and also i can earn in bitcoin easily without investing money while in gold youll need to have big amount of money to buy and to have a big income on it.

I want gold but I don't have it. So I would choose wisely that bitcoin is better than gold. But it is better if you are going to have them both.
As both of them are good for investment and it can give you good profit for a long term.

It is better to be practical now and make an effort one step at a time, you understand that gold needs to have a good amount of investment to be profitable, however in bitcoin, you can start the soonest when you have a little amount. When you are good in making money, you can easily increase your capital with bitcoins.

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