I would definitely prefer bitcoin instead of gold because it is so easy to use. For gold, you have to trust that somebody is giving you the right weight of gold, right purity, and all sorts of things like that.
With bitcoin, every unit is the same. You can transfer it without hassles virtually.
Topic: Bitcoin or gold? - page 389. (Read 984547 times)
Gold has many things bitcoin don't have
- It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
I think if you look at it from age. gold is certainly more experienced. because gold has been there since time immemorial. The new bitcoin grows. but I'm sure bitcoin will speak volumes in the coming years- It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
If you don't have the patience, then don't go for gold. Gold is a very very long term investment, similar to those 30-year United States treasury bonds. If you can't wait for that long, then go for some other type of investment. And now coming to Bitcoin, I have a feeling that the coins are over-prized right now. If a crash happens, then you may need to wait for 3-4 years for it to rise again.
Gold is not an investment really, some people speculate with it but its just a store of wealth separated from any countries currency. Usually people put money in they want to spend in the near term, which is a problem if the market is more interested in messing around with government debt schemes and guaranteed returns plus there is not many regulators requiring an asset base of gold.So who needs gold, only the truly wealthy people who have zero need of this money short term and not many of us can say that; old money people who were rich every day of their lives from a sucessful family business etc. So the rest of us speculate on China buying it etc
Bitcoin overpriced, in which aspect are we to value it thats hard to say. Dollars are overvalued, thats certain with the amount of bonds issued yet to unwind and the growth potential not likely to meet this new currency created and then in circulation. So dollar too high makes bitcoin relatively too low, I dont know but seems that way. Every counterparty to dollar in its global exchange seems possibly cheaper.
This guy might know http://pricedingold.com/bitcoin/
Price of BTC about half the peak but triple the recent low
Gold has many things bitcoin don't have
- It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
I think if you look at it from age. gold is certainly more experienced. because gold has been there since time immemorial. The new bitcoin grows. but I'm sure bitcoin will speak volumes in the coming years - It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
Gold has become history for me now, I cannot afford to invest in it as I really dont have patience to wait for making profits So I will prefer to invest in bitcoin.
If you don't have the patience, then don't go for gold. Gold is a very very long term investment, similar to those 30-year United States treasury bonds. If you can't wait for that long, then go for some other type of investment. And now coming to Bitcoin, I have a feeling that the coins are over-prized right now. If a crash happens, then you may need to wait for 3-4 years for it to rise again.
Yes. Bitcoin and gold are two completely different investments. Buy and hold both! Diversification is smart.
Buy gold, and quietly hold it. Increase your holdings through the years. Pass it down to your children... This is what the wealthy in Europe have done for centuries. Gold is the best wealth preservation investment in town.
Bitcoin does indeed offer great volatility. In the short-term, yes, you can get a lot of action (up and down, as most of us have seen).
There is no reason why not to buy some gold. 1/10th oz. American Gold Eagles cost only about $150 now.
i think bitcoin can be like Gold in future
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.
It depends what you're looking for, because gold has been a stable currency used by many powers of the world with little to no change so if you're looking for an easy way to store money and know the value would be there when you come back, invest in goldHowever, if you're looking to come back to some form of growth then bitcoin could be the way to go, as it is still young and the prices fluctuating and changing, if you did chose this hoever, keep an eye on the prices as you don't want to just come back to see your money has halved
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.
It depends what you're looking for, because gold has been a stable currency used by many powers of the world with little to no change so if you're looking for an easy way to store money and know the value would be there when you come back, invest in goldHowever, if you're looking to come back to some form of growth then bitcoin could be the way to go, as it is still young and the prices fluctuating and changing, if you did chose this hoever, keep an eye on the prices as you don't want to just come back to see your money has halved
Gold has many things bitcoin don't have
- It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
Lol I think we can not compare with the gold directly bitcoin. because it is definitely going to win gold. because gold has been there since thousands of years ago. maybe people will choose bitcoin few years.- It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
yeah bitcoin will be booming investment than gold. maybe a few more years
Gold has become history for me now, I cannot afford to invest in it as I really dont have patience to wait for making profits So I will prefer to invest in bitcoin.
If you don't have the patience, then don't go for gold. Gold is a very very long term investment, similar to those 30-year United States treasury bonds. If you can't wait for that long, then go for some other type of investment. And now coming to Bitcoin, I have a feeling that the coins are over-prized right now. If a crash happens, then you may need to wait for 3-4 years for it to rise again.
I buy both. Bitcoin is a great store of value and obvioisly there is profit to be made on rallies such as the one we're seeing and are a part of right now. Gold is for when I turn it into chains or rings and then resell it because I'm practicing jewelry making with precious metals.
Gold has become history for me now, I cannot afford to invest in it as I really dont have patience to wait for making profits So I will prefer to invest in bitcoin.
Gold has been there for a long time and we all know that people will going to choose gold between gold and bitcoin. But to be wise, I'm going to use bitcoin.
Because the use of bitcoin today and the opportunities it can give to an individual is very good.
Gold has many things bitcoin don't have
- It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
- It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
If you want security then gold is the way to go, since it's adopted by the many.
When you go for profit there is just 1 alternative... which is bitcoin. Be it 1 month or 1 year, the long term perspective of bitcoin is better...
Gold has many things bitcoin don't have
- It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
But the problem if you choose gold its a long journey before we can see high price of gold.. and its better to choose bitcoin for now if you are looking for fast profit.. - It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
I buy both. Bitcoin is a great store of value and obvioisly there is profit to be made on rallies such as the one we're seeing and are a part of right now. Gold is for when I turn it into chains or rings and then resell it because I'm practicing jewelry making with precious metals.
Gold has become history for me now, I cannot afford to invest in it as I really dont have patience to wait for making profits So I will prefer to invest in bitcoin.
Gold has been there for a long time and we all know that people will going to choose gold between gold and bitcoin. But to be wise, I'm going to use bitcoin.
Because the use of bitcoin today and the opportunities it can give to an individual is very good.
Bitcoin provides us multiple benefits and it also allows us to earn it, so that is the best thing can happen, and bitcoin will take over the gold in future for sure.
Gold has many things bitcoin don't have
- It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
- It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)
So yes it's an easy choice. Gold!
I buy both. Bitcoin is a great store of value and obvioisly there is profit to be made on rallies such as the one we're seeing and are a part of right now. Gold is for when I turn it into chains or rings and then resell it because I'm practicing jewelry making with precious metals.
Gold has become history for me now, I cannot afford to invest in it as I really dont have patience to wait for making profits So I will prefer to invest in bitcoin.
Gold has been there for a long time and we all know that people will going to choose gold between gold and bitcoin. But to be wise, I'm going to use bitcoin.
Because the use of bitcoin today and the opportunities it can give to an individual is very good.
I buy both. Bitcoin is a great store of value and obvioisly there is profit to be made on rallies such as the one we're seeing and are a part of right now. Gold is for when I turn it into chains or rings and then resell it because I'm practicing jewelry making with precious metals.
Gold has become history for me now, I cannot afford to invest in it as I really dont have patience to wait for making profits So I will prefer to invest in bitcoin.
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.
It`s always better to diversify your wealth and never keep all eggs in one place.
I would say both or 50/50 or maybe 40/30/30 including real estate.
Gold is "evergreen" and bitcoin is the new gold
For me i would choose bitcoin only and i would not keep it for ten years because we dont need to wait that time to grow your money what if in thw wxact ten years the bitcoin dump, so you think this is not profitable. For me if the price of it will rise sell it and if the price again of bitcoin will dump buy again.. This is not like gold that in the next year the price would be rise.. But if you compare in bitcoin it has many profit than gold. It is depende on your strategy.
I buy both. Bitcoin is a great store of value and obvioisly there is profit to be made on rallies such as the one we're seeing and are a part of right now. Gold is for when I turn it into chains or rings and then resell it because I'm practicing jewelry making with precious metals.
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.
It`s always better to diversify your wealth and never keep all eggs in one place.
I would say both or 50/50 or maybe 40/30/30 including real estate.
Gold is "evergreen" and bitcoin is the new gold
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