Topic: Bitcoin or gold? - page 379. (Read 984547 times)

Quote from: chineseprancing on June 24, 2016, 07:15:23 AM

Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins

That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday.

the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value

It wont be a stable value like you think though it will more be on a fluctuation price and you have to be happy with fluctuations because if you're not then there is no reason for you to be even with the stock market at all, good luck when it comes to the halving the fluctuations are going to be insanity.

yeah, an unstable market although it is bad for bitcoin to be used as a currency but it is the dream of the traders.

the more volatile it is the better these traders feel because buying at the bottom and selling on top will result in a lot of profit.

I do not agree with you because the price is not stable it can attract investor come if that's currency can give promising advantages. I think bitcoin able to deliver the promise of huge profits to investors who dare to invest in bitcoin.

Of course but it is not healthy for the community if the whales are only getting rich as they will manipulate the market for there advantage, what we need now is volume to make the price stable and attract more users.

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Quote from: RoommateAgreement on June 25, 2016, 10:42:38 PM

Quote from: Cyaren on June 25, 2016, 10:02:22 PM

Quote from: chineseprancing on June 24, 2016, 07:15:23 AM

Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins

That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday.

the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value

It wont be a stable value like you think though it will more be on a fluctuation price and you have to be happy with fluctuations because if you're not then there is no reason for you to be even with the stock market at all, good luck when it comes to the halving the fluctuations are going to be insanity.

yeah, an unstable market although it is bad for bitcoin to be used as a currency but it is the dream of the traders.

the more volatile it is the better these traders feel because buying at the bottom and selling on top will result in a lot of profit.

I do not agree with you because the price is not stable it can attract investor come if that's currency can give promising advantages. I think bitcoin able to deliver the promise of huge profits to investors who dare to invest in bitcoin.

john2231

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Quote from: Hatuferu on June 26, 2016, 02:38:35 AM

Quote from: BossMacko on June 26, 2016, 02:21:11 AM

Quote from: neonshium on June 26, 2016, 12:25:31 AM

Quote from: tygeade on June 25, 2016, 04:52:03 PM

In my honest opinion I think it is more convenient and secured to invest in bitcoin than gold, because you can never make a fake bitcoin because it is cryptographically secured unlike gold may have different carat standards.

Yeah, it is true no one is able to create a fake bitcoin and so in this way bitcoin is a more secure currency and asset of the world, while nowadays everyone is going to Adulterate gold, so it is risky that is why I am investing in both gold and bitcoin.

Indeed no one can create fake Bitcoin, But Alt currency are being made to make like Bitcoin, So in the future we might encounter Alt Coin with a potential like a Bitcoin, However back to Bitcoin or Gold, If you can manage to get a hold of a gold why not hold Bitcoin too, Why do we need to choose from the two if we can have them Both. Plan A, Plan B is better than having only 1 Plan.

Exactly but only if you can, however for those who does not have all the resources required to do both, I prefer bitcoins that we should hold. We can easily diversify our investment and in the short period of time we can easily maximize our profit.

How you sure that you can profit fast in bitcoin.. and i think this is just the effect of event why price of bitcoin incease .. and we dont know whawt will happen after block halving.. its risky to invest more in bitcoin with the present price..

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Gold is considered a reliable asset that retains its value better than fiat money. The gold market still remains widely Bitcoin market. On today issued approximately $ 9 billion Bitcoin (for Blockchain assessment), while gold is performed transactions in the $ 150-240 billion a day (according to the World Gold Council). Investing in gold exchange-traded funds - about $ 80 billion.

However, homogeneity, divisibility, durability, unit cost, portability Bitcoin surpasses gold.

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Quote from: chineseprancing on June 24, 2016, 07:15:23 AM

Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins

That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday.

the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value

I don't think that stable value of bitcoin will attract people towards it, but at this stage I would prefer to invest in bitcoin, only because of halving, as profits are expected to be achieved very soon.

even halving will be coming,there's no guarantee the price will be rising,nor an evidence,there's just only people's opinion

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Quote from: Finestream on June 26, 2016, 03:08:59 AM

Quote from: deisik on June 26, 2016, 02:56:16 AM

Quote from: BossMacko on June 26, 2016, 02:21:11 AM

Quote from: neonshium on June 26, 2016, 12:25:31 AM

Quote from: deisik on June 26, 2016, 02:56:16 AM

In my honest opinion I think it is more convenient and secured to invest in bitcoin than gold, because you can never make a fake bitcoin because it is cryptographically secured unlike gold may have different carat standards.

Yeah, it is true no one is able to create a fake bitcoin and so in this way bitcoin is a more secure currency and asset of the world, while nowadays everyone is going to Adulterate gold, so it is risky that is why I am investing in both gold and bitcoin.

Indeed no one can create fake Bitcoin, But Alt currency are being made to make like Bitcoin, So in the future we might encounter Alt Coin with a potential like a Bitcoin, However back to Bitcoin or Gold, If you can manage to get a hold of a gold why not hold Bitcoin too, Why do we need to choose from the two if we can have them Both. Plan A, Plan B is better than having only 1 Plan

You may not create fake bitcoins, but you can still take a try at double-spend (which is essentially the same)

I am sorry but I just don't get what you are implying, you mean we can double spend bitcoins? How would that possible? As far as I know we cannot do that because bitcoin is very secure.

Look here for more info. Perhaps, it is not as secure as you think it should be

Quote

The research paper Two Bitcoins at the Price of One finds that the protocol allows a high degree of success by an attacker in performing race attacks. The method studied in the research paper depends on access to the merchant's Bitcoin node which is why that even prior to this paper, recommendations for merchants include disabling incoming connections and to choose specific outgoing connections

Quote

Also referred to as a one-confirmation attack, is a combination of the race attack and the Finney attack such that a transaction that even has one confirmation can still be double-spent. The same protective action for the race attack (no incoming connections, explicit outgoing connection to a well-connected node) significantly reduces the risk of this occurring

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Quote from: BossMacko on June 26, 2016, 02:21:11 AM

Quote from: neonshium on June 26, 2016, 12:25:31 AM

Quote from: BossMacko on June 26, 2016, 02:21:11 AM

In my honest opinion I think it is more convenient and secured to invest in bitcoin than gold, because you can never make a fake bitcoin because it is cryptographically secured unlike gold may have different carat standards.

Yeah, it is true no one is able to create a fake bitcoin and so in this way bitcoin is a more secure currency and asset of the world, while nowadays everyone is going to Adulterate gold, so it is risky that is why I am investing in both gold and bitcoin.

Indeed no one can create fake Bitcoin, But Alt currency are being made to make like Bitcoin, So in the future we might encounter Alt Coin with a potential like a Bitcoin, However back to Bitcoin or Gold, If you can manage to get a hold of a gold why not hold Bitcoin too, Why do we need to choose from the two if we can have them Both. Plan A, Plan B is better than having only 1 Plan

You may not create fake bitcoins, but you can still take a try at double-spend (which is essentially the same)

I am sorry but I just don't get what you are implying, you mean we can double spend bitcoins? How would that possible? As far as I know we cannot do that because bitcoin is very secure.

rhed718

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If possible that we have both is good
Bitcoin is good for now because the value is too high but we do not know what is the price in the future.
The value of gold is continue rising every year past thats why its good to hold for your future.

deisik

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Quote from: neonshium on June 26, 2016, 12:25:31 AM

Quote from: BossMacko on June 26, 2016, 02:21:11 AM

In my honest opinion I think it is more convenient and secured to invest in bitcoin than gold, because you can never make a fake bitcoin because it is cryptographically secured unlike gold may have different carat standards.

Yeah, it is true no one is able to create a fake bitcoin and so in this way bitcoin is a more secure currency and asset of the world, while nowadays everyone is going to Adulterate gold, so it is risky that is why I am investing in both gold and bitcoin.

Indeed no one can create fake Bitcoin, But Alt currency are being made to make like Bitcoin, So in the future we might encounter Alt Coin with a potential like a Bitcoin, However back to Bitcoin or Gold, If you can manage to get a hold of a gold why not hold Bitcoin too, Why do we need to choose from the two if we can have them Both. Plan A, Plan B is better than having only 1 Plan

You may not create fake bitcoins, but you can still take a try at double-spending (which is essentially the same)

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Quote from: neonshium on June 26, 2016, 12:25:31 AM

Quote from: neonshium on June 26, 2016, 12:25:31 AM

In my honest opinion I think it is more convenient and secured to invest in bitcoin than gold, because you can never make a fake bitcoin because it is cryptographically secured unlike gold may have different carat standards.

Yeah, it is true no one is able to create a fake bitcoin and so in this way bitcoin is a more secure currency and asset of the world, while nowadays everyone is going to Adulterate gold, so it is risky that is why I am investing in both gold and bitcoin.

Indeed no one can create fake Bitcoin, But Alt currency are being made to make like Bitcoin, So in the future we might encounter Alt Coin with a potential like a Bitcoin, However back to Bitcoin or Gold, If you can manage to get a hold of a gold why not hold Bitcoin too, Why do we need to choose from the two if we can have them Both. Plan A, Plan B is better than having only 1 Plan.

Exactly but only if you can, however for those who does not have all the resources required to do both, I prefer bitcoins that we should hold. We can easily diversify our investment and in the short period of time we can easily maximize our profit.

BossMacko

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In my honest opinion I think it is more convenient and secured to invest in bitcoin than gold, because you can never make a fake bitcoin because it is cryptographically secured unlike gold may have different carat standards.

Yeah, it is true no one is able to create a fake bitcoin and so in this way bitcoin is a more secure currency and asset of the world, while nowadays everyone is going to Adulterate gold, so it is risky that is why I am investing in both gold and bitcoin.

Indeed no one can create fake Bitcoin, But Alt currency are being made to make like Bitcoin, So in the future we might encounter Alt Coin with a potential like a Bitcoin, However back to Bitcoin or Gold, If you can manage to get a hold of a gold why not hold Bitcoin too, Why do we need to choose from the two if we can have them Both. Plan A, Plan B is better than having only 1 Plan.

neonshium

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Quote from: Cyaren on June 25, 2016, 10:02:22 PM

In my honest opinion I think it is more convenient and secured to invest in bitcoin than gold, because you can never make a fake bitcoin because it is cryptographically secured unlike gold may have different carat standards.

Yeah, it is true no one is able to create a fake bitcoin and so in this way bitcoin is a more secure currency and asset of the world, while nowadays everyone is going to Adulterate gold, so it is risky that is why I am investing in both gold and bitcoin.

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Bazinga!

Quote from: chineseprancing on June 24, 2016, 07:15:23 AM

Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins

That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday.

the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value

It wont be a stable value like you think though it will more be on a fluctuation price and you have to be happy with fluctuations because if you're not then there is no reason for you to be even with the stock market at all, good luck when it comes to the halving the fluctuations are going to be insanity.

yeah, an unstable market although it is bad for bitcoin to be used as a currency but it is the dream of the traders.

the more volatile it is the better these traders feel because buying at the bottom and selling on top will result in a lot of profit.

Cyaren

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Quote from: chineseprancing on June 24, 2016, 07:15:23 AM

Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins

That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday.

the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value

It wont be a stable value like you think though it will more be on a fluctuation price and you have to be happy with fluctuations because if you're not then there is no reason for you to be even with the stock market at all, good luck when it comes to the halving the fluctuations are going to be insanity.

hermanhs09

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Quote from: chineseprancing on June 24, 2016, 07:15:23 AM

Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins

That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday.

the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value

It wont make a stable value the price is surely going to increase due to knowing the stock market alone, if you know basic economics then you know how btc is going to go, supply goes down, demand goes up.

Hope this information really helps you guys and BTC over gold any day of the week.

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Quote from: chineseprancing on June 24, 2016, 07:15:23 AM

Its better to buy bitcoins not gold. Gold price is increasing slowly but bitcoin increases so fast, its possible to get a large profit in bitcoins so i am recommending bitcoins

That is the thing compared to gold, I think the main reason why it’s price doesn’t increase that much is because of the scar resources that’s being gained. Unlike in bitcoins, every single second there’s an increase of demand as the growth of it is happening everyday.

the increase demand on bitcoin only work on the long term, and with the halving, without the halving this current hype would not be there i think, i hope this increase is not just pure hype and there is something else under it, that will make it a stable value

I don't think that stable value of bitcoin will attract people towards it, but at this stage I would prefer to invest in bitcoin, only because of halving, as profits are expected to be achieved very soon.

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