Bitcoin or gold? - page 396. | Bitcointalksearch.org

JessicaSe

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Quote from: GermanFoobla on June 13, 2016, 02:39:12 AM

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

Quote from: tkbx on March 09, 2014, 01:21:54 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.

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?

i would use gold because gold will always be more popiular than the bitcoin there are more people using gold than using bitcoins so i think bitcoins will not grow so big and thats why i keep it just with the gold.

Gold is history mate, use bitcoins, bitcoin will surely overtake gold in future and the best example is present price rise in bitcoin which will take bitcoin to higher level in coming years.

GermanFoobla

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

Quote from: tkbx on March 09, 2014, 01:21:54 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.

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?

i would use gold because gold will always be more popiular than the bitcoin there are more people using gold than using bitcoins so i think bitcoins will not grow so big and thats why i keep it just with the gold.

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Quote from: ajun96 on June 13, 2016, 12:11:11 AM

Quote from: expert4knowledge on June 12, 2016, 04:33:16 PM

If you want to do a short time investment so please sell all of your golds and then but bitcoin but be careful and consider a threshold for selling your bitcoin.

yeah use your capital to buy bitcoin I think bitcoin is a profitable investment that requires only a short time. If you currently hold gold. better sell most of your gold and buy some bitcoin. I'm sure you will more quickly to get profit in the investments on bitcoin

You are just thinking that investing in bitcoin is profitable? Don't just think it is the fact the investing or buying bitcoin is really profitable.
Come to think of it, if you bought your bitcoin for $480+ last month and look at the price today it is already $680+ so you have earned.
$200 without doing nothing, and how about if you are holding a lot?

It is still very risky but only the people who knows hot to take risk were able to make profit with the current price now. The price go to the moon and it is taking the investors. Happy earnings to them.

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Quote from: expert4knowledge on June 12, 2016, 04:33:16 PM

If you want to do a short time investment so please sell all of your golds and then but bitcoin but be careful and consider a threshold for selling your bitcoin.

yeah use your capital to buy bitcoin I think bitcoin is a profitable investment that requires only a short time. If you currently hold gold. better sell most of your gold and buy some bitcoin. I'm sure you will more quickly to get profit in the investments on bitcoin

goldcoinminer

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The amount of bitcoins nowadays would only prove that it is better to save than gold, the demand for bitcoins is bigger than in gold. With people enjoying the benefits of using bitcoins they will continue to spend online to pay their purchases and even sending their money to their love ones.

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Quote from: harizen on June 12, 2016, 10:22:37 PM

Quote from: saiha on June 12, 2016, 07:16:43 PM

Quote from: martinacar on June 12, 2016, 06:40:26 PM

I honestly would go for them both because the bitcoin can be profitable now on a short term and the gold on a long term.
Investing in both can because of this now very profitable in my eyes.

Me either, why you are just going to choose one, if you could afford to invest and use them both. Physical investment go for gold and just like bitcoin you just need to wait for it as the price of it increases also. And with digital investment, of course bitcoin is the one.

That's what other people don't want to; maximing their possible source of income.

Some people preferred in going on to the right and evading the left one eventhough both has an important role.

Yeah I agree with you, I don't know why people doesn't want to maximize their potential sources of income.
But still there are people that really wants to earn higher and higher as long as they are working for it legally.
Bitcoin would be better rather than gold, but for me if you can have them both, go for it.

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Quote from: saiha on June 12, 2016, 07:16:43 PM

Quote from: martinacar on June 12, 2016, 06:40:26 PM

I honestly would go for them both because the bitcoin can be profitable now on a short term and the gold on a long term.
Investing in both can because of this now very profitable in my eyes.

Me either, why you are just going to choose one, if you could afford to invest and use them both. Physical investment go for gold and just like bitcoin you just need to wait for it as the price of it increases also. And with digital investment, of course bitcoin is the one.

That's what other people don't want to; maximing their possible source of income.

Some people preferred in going on to the right and evading the left one eventhough both has an important role.

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Quote from: martinacar on June 12, 2016, 06:40:26 PM

I honestly would go for them both because the bitcoin can be profitable now on a short term and the gold on a long term.
Investing in both can because of this now very profitable in my eyes.

Me either, why you are just going to choose one, if you could afford to invest and use them both. Physical investment go for gold and just like bitcoin you just need to wait for it as the price of it increases also. And with digital investment, of course bitcoin is the one.

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Quote from: martinacar on June 12, 2016, 06:40:26 PM

I honestly would go for them both because the bitcoin can be profitable now on a short term and the gold on a long term.
Investing in both can because of this now very profitable in my eyes.

Yeah, definitely. Bitcoin can be a great source of short term invetsment income, while gold is the thing that you want to be in whenever there is a threat of an economic crisis. Gold has been proven to be worth something over history.

So I'd split my investment 50/50 with bitcoin and gold.

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I honestly would go for them both because the bitcoin can be profitable now on a short term and the gold on a long term.
Investing in both can because of this now very profitable in my eyes.

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Quote from: expert4knowledge on June 12, 2016, 04:33:16 PM

If you want to do a short time investment so please sell all of your golds and then but bitcoin but be careful and consider a threshold for selling your bitcoin.

Yeah it is a good strategy but if you have extra funds for buying bitcoin, why sell your gold? Bitcoin and gold is almost the same for being a good investment because as the time goes by, their price appreciates so it is better if you can have them both for investment. But I know most people, like me doesn't have gold, so I'm going to stick with bitcoin.

GamingBro

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Investing in gold is always safe and it will make profit for you for sure, but it can take a lot of time, with bitcoin situation is the same but it's a bit scary cause price is floating.

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If you want to do a short time investment so please sell all of your golds and then but bitcoin but be careful and consider a threshold for selling your bitcoin.

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Quote from: bit1 on June 12, 2016, 02:03:18 PM

Quote from: socks435 on June 10, 2016, 11:18:36 AM

Quote from: Nouelle-Hunter on June 08, 2016, 04:07:31 AM

Well for me Ill pick bitcoin because its easier to convert to real money and it is easier to store. Grin

We know its easy to convert bitcoin but it needs internet.. unlike gold anytime you can convert it in money just go to friends use your gold as your collateral you have now money.. or you can sell it in pawnshop and ready to use the money.. they are good bitcoin and gold so for me i will go in 50/50

The problem with gold is that if you buy a jewel made of gold and you sell it at half price. They only pay their weight in gold. So you lost 50% in the best case.

That is true indeed but I still think its mostly worth it because mostly a jewel is about the thinking about it.
Someone bought it for a reason most of the times.

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Quote from: bryant.coleman on June 12, 2016, 01:44:31 PM

Quote from: Nouelle-Hunter on June 08, 2016, 04:07:31 AM

Well for me Ill pick bitcoin because its easier to convert to real money and it is easier to store. Grin

Both the arguments are only partially true. Bitcoin can be converted to fiat cash through online exchanges. But the truth is that, there are no reliable exchanges around, which can be trusted 100%. There is no guarantee that they will not run away with our coins overnight. And Bitcoins are not that easy to store. Safely holding your BTC requires a lot of technical knowledge.

Storing your coins in form of a paper wallet can indeed be somewhat of a difficult task for people who are new. But storing your wallet files into USD drives isn't that hard to do. It only needs you to click a few buttons with your mouse, and that's it.

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Quote from: socks435 on June 10, 2016, 11:18:36 AM

Quote from: Nouelle-Hunter on June 08, 2016, 04:07:31 AM

Well for me Ill pick bitcoin because its easier to convert to real money and it is easier to store. Grin

We know its easy to convert bitcoin but it needs internet.. unlike gold anytime you can convert it in money just go to friends use your gold as your collateral you have now money.. or you can sell it in pawnshop and ready to use the money.. they are good bitcoin and gold so for me i will go in 50/50

The problem with gold is that if you buy a jewel made of gold and you sell it at half price. They only pay their weight in gold. So you lost 50% in the best case.

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Quote from: Nouelle-Hunter on June 08, 2016, 04:07:31 AM

Well for me Ill pick bitcoin because its easier to convert to real money and it is easier to store. Grin

Both the arguments are only partially true. Bitcoin can be converted to fiat cash through online exchanges. But the truth is that, there are no reliable exchanges around, which can be trusted 100%. There is no guarantee that they will not run away with our coins overnight. And Bitcoins are not that easy to store. Safely holding your BTC requires a lot of technical knowledge.

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Quote from: tabas on June 11, 2016, 06:18:46 AM

Quote from: socks435 on June 10, 2016, 11:18:36 AM

Quote from: Nouelle-Hunter on June 08, 2016, 04:07:31 AM

Well for me Ill pick bitcoin because its easier to convert to real money and it is easier to store. Grin

We know its easy to convert bitcoin but it needs internet.. unlike gold anytime you can convert it in money just go to friends use your gold as your collateral you have now money.. or you can sell it in pawnshop and ready to use the money.. they are good bitcoin and gold so for me i will go in 50/50

But not all your friends have enough money that you just go to them and ask them money and give your gold as a collateral. That is not always an assurance. And internet is now an essential to a home, as long as there is someone who uses computer to the house well there is internet.
And of course before you are going to have bitcoin or make money with bitcoin you need to have internet.

You have the point man, it is really hard to sell god but with bitcoins in your hard you can easily sell or exchange it with fiat. I don't really touch investing in gold yet as the opportunity now is bitcoins, look at what happen to the price everyday and you can easily spot which is a good investment.

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Quote from: socks435 on June 10, 2016, 11:18:36 AM

Quote from: Nouelle-Hunter on June 08, 2016, 04:07:31 AM

Well for me Ill pick bitcoin because its easier to convert to real money and it is easier to store. Grin

We know its easy to convert bitcoin but it needs internet.. unlike gold anytime you can convert it in money just go to friends use your gold as your collateral you have now money.. or you can sell it in pawnshop and ready to use the money.. they are good bitcoin and gold so for me i will go in 50/50

But not all your friends have enough money that you just go to them and ask them money and give your gold as a collateral. That is not always an assurance. And internet is now an essential to a home, as long as there is someone who uses computer to the house well there is internet.
And of course before you are going to have bitcoin or make money with bitcoin you need to have internet.

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Quote from: CrimBit on June 08, 2016, 04:03:07 AM

Quote from: ultimatesky on June 07, 2016, 10:39:36 AM

Quote from: Mr.grin on June 07, 2016, 10:25:12 AM

Quote from: bitcoinhopper on June 07, 2016, 09:03:58 AM

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Quote from: Altynbekova on June 07, 2016, 06:39:21 AM

I prefer bitcoin above the gold because the fact is that with the gold you need to have patience and honestly if I do not have one thing its patience to make profit.

Me too , I prefer bitcoin since it is the only thing I have, I don't have gold so obviously I will not choose for it. And bitcoin really has make it more possible to go to trading just like in stocks here in our country. So I prefer bitcoin with so many characteristics you can do with it.

I will choose for Bitcoin and that is because that will be also the future payment method and you cant pay with gold in the future so that is really bad of gold itself.
And you also know now that Bitcoin is even becoming more popular and used the only thing that have to change is the value.

Well, I've been accustomed to using bitcoin than gold, so of course I chose bitcoin, but if possible, better choose both, because bitcoin and gold could earn so much money

For us it is bitcoin what makes us hart go warm, but as investors I chose gold. Gold gives ma more benefits in terms of:
- Security of my investment
- Worth of my investment
- and off course being able to look at your gold

bitcoin is new technology, bitcoin is more simple than gold, we can use bitcoin as payment processor, we can send and receive it anywhere any time

yes it was an excess of bitcoin. well, so can you use bitcoin as a collateral in a situation of urgency.

Topic: Bitcoin or gold? - page 396. (Read 984547 times)