Bitcoin or gold? - page 399. | Bitcointalksearch.org

deisik

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Quote from: Supercrypt on June 05, 2016, 12:06:00 PM

Quote from: deisik on June 05, 2016, 10:49:12 AM

Quote from: bryant.coleman on June 05, 2016, 10:04:47 AM

Quote from: xht on June 04, 2016, 06:13:33 PM

Quote from: Vaccomundus on June 04, 2016, 02:49:54 AM

i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud

100k usd per one bitcoin? i don't think that's is reasonable but i'm agree if bitcoin will go to zero or die if say in other word.

It is not theoretically impossible, although such a scenario is not going to happen anytime soon. Right now, around a few tens of thousands are using Bitcoins actively. If the usage grow to a few million, then we can expect the exchange rates climbing to five-digits, or even six-digits. It may take five or ten years, to achieve that much adoption and usage.

It all depends upon what exactly these tens of thousands are actively using Bitcoin for, lol. Does just holding bitcoins pass as active usage?

I can't really say or agree that there's only tens of thousands using bitcoins actively. We've probably hit the millions of of people using bitcoins actively. Well, that's if the definition of 'actively' isn't only bounded by daily transactions. More like at least once a month or something.

My point was totally another. "Actively using Bitcoin" is evidently a euphemism for speculation and profiteering ("buy low sell high"). Expanding Bitcoin usage to a few million new users (from tens of thousands) would mean selling the existing coins to them since there is no other source of new coins of that scale (newly minted coins simply don't cut it)...

In this way, we advocate for a new tier in the base of the financial pyramid that Bitcoin has become (or has always been)

Supercrypt

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Quote from: deisik on June 05, 2016, 10:49:12 AM

Quote from: bryant.coleman on June 05, 2016, 10:04:47 AM

Quote from: xht on June 04, 2016, 06:13:33 PM

Quote from: Vaccomundus on June 04, 2016, 02:49:54 AM

i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud

100k usd per one bitcoin? i don't think that's is reasonable but i'm agree if bitcoin will go to zero or die if say in other word.

It is not theoretically impossible, although such a scenario is not going to happen anytime soon. Right now, around a few tens of thousands are using Bitcoins actively. If the usage grow to a few million, then we can expect the exchange rates climbing to five-digits, or even six-digits. It may take five or ten years, to achieve that much adoption and usage.

It all depends upon what exactly these tens of thousands are actively using Bitcoin for, lol. Does just holding bitcoins pass as active usage?

I can't really say or agree that there's only tens of thousands using bitcoins actively. We've probably hit the millions of of people using bitcoins actively. Well, that's if the definition of 'actively' isn't only bounded by daily transactions. More like at least once a month or something.

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For long term investment, I prefer gold becouse it is used from the very first time. Also Gold is behind money, money is nothing without gold and bitcoin is nothing, more than virtual currency.

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Quote from: 23dzmaz on June 05, 2016, 11:02:47 AM

Quote from: Vaccomundus on June 04, 2016, 02:49:54 AM

i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud

But gold is good for long term investment, gold have a good price and stable price, even if the price decreased, it's only a really small move. But i prefer bitcoin than gold.

Yeah gold is good for long term investment and if you relaying of movement price gold is increasing year by year unlike bitcoin..
Bitcoin good only for short term investment bitcoin has fast market price movement unlike gold.. we are just choosing gold because we can earn it easily and the price is increasely fast..

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Quote from: Vaccomundus on June 04, 2016, 02:49:54 AM

i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud

But gold is good for long term investment, gold have a good price and stable price, even if the price decreased, it's only a really small move. But i prefer bitcoin than gold.

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Quote from: bryant.coleman on June 05, 2016, 10:04:47 AM

Quote from: xht on June 04, 2016, 06:13:33 PM

Quote from: Vaccomundus on June 04, 2016, 02:49:54 AM

i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud

100k usd per one bitcoin? i don't think that's is reasonable but i'm agree if bitcoin will go to zero or die if say in other word.

It is not theoretically impossible, although such a scenario is not going to happen anytime soon. Right now, around a few tens of thousands are using Bitcoins actively. If the usage grow to a few million, then we can expect the exchange rates climbing to five-digits, or even six-digits. It may take five or ten years, to achieve that much adoption and usage.

It all depends upon what exactly these tens of thousands are actively using Bitcoin for, lol. Does just holding bitcoins pass as active usage?

Traderx

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gold is not that good imho, bitcoin has greater potential, gold is stagnant, move on from relic technology

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Quote from: xht on June 04, 2016, 06:13:33 PM

Quote from: Vaccomundus on June 04, 2016, 02:49:54 AM

i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud

100k usd per one bitcoin? i don't think that's is reasonable but i'm agree if bitcoin will go to zero or die if say in other word.

It is not theoretically impossible, although such a scenario is not going to happen anytime soon. Right now, around a few tens of thousands are using Bitcoins actively. If the usage grow to a few million, then we can expect the exchange rates climbing to five-digits, or even six-digits. It may take five or ten years, to achieve that much adoption and usage.

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Quote from: ning_chang on June 04, 2016, 10:30:51 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.

I think i will pick gold, gold has a great future that you can have a great profit. No one will tell if bitcoin dumps in thr future, but gold will increase its price as long times pass

No doubt that gold has a good future but if you will also consider bitcoins now you can say that with the rate that is going right now it has more potential as it can attract masses to use it compared to gold where only few people can use and only for investment, bitcoins is a good help for our world if we all adopt to it, it would give us a transparent and cheap transactions which we all benefit as it gives us savings in terms of transaction charges.

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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.

I think i will pick gold, gold has a great future that you can have a great profit. No one will tell if bitcoin dumps in thr future, but gold will increase its price as long times pass

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Quote from: hermanhs09 on June 04, 2016, 07:38:23 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.

10 years? That sounds pretty interesting because it's actually long term.

I am a profits and long term guy. So I consider both aspects instead of just focusing on one aspect of it and ignoring the other. For longevity both bitcoin and gold are very good, although gold has more past performance. And bitcoin is way more profitable IMO. So I'd split it 10:90, gold:bitcoin.

Well, definitely doing both investments is a good idea as you can minimize your risk, that is basic in investing but for those people who does not have enough money to invest both, they would surely pick the bitcoins as it is promising and the return is way high than investing in gold, imagine if the price of bitcoins in they next 10 years is x10 of the original price now, so it's obviously money.

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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.

10 years? That sounds pretty interesting because it's actually long term.

I am a profits and long term guy. So I consider both aspects instead of just focusing on one aspect of it and ignoring the other. For longevity both bitcoin and gold are very good, although gold has more past performance. And bitcoin is way more profitable IMO. So I'd split it 10:90, gold:bitcoin.

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Quote from: Vaccomundus on June 04, 2016, 02:49:54 AM

i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud

100k usd per one bitcoin? i don't think that's is reasonable but i'm agree if bitcoin will go to zero or die if say in other word.

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Quote from: newcoins1978 on June 04, 2016, 03:54:31 PM

Well gold is the way to go if you want to diversify your investing. Both bitcoin and gold are very solid investments, although people tend to forget that.
Especially when it comes down to bitcoin, it's underestimated.

gold is for significant invest, the price will high little by little. Bitcoin can't be predicted that the price of bitcoin is fluctuate every time, so we can choose bitcoin as the short term invest
we can choose both of them as the invest in the better way Grin

newcoins1978

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Well gold is the way to go if you want to diversify your investing. Both bitcoin and gold are very solid investments, although people tend to forget that.
Especially when it comes down to bitcoin, it's underestimated.

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Quote from: Vaccomundus on June 04, 2016, 02:49:54 AM

i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud

How do you know that gold is worst but honestly gold is safety than bitcoin because bitcoin be disappear anytime its program creasted online not a pysical.. gold is rare i think thats why the price is high.. so its always better to choose gold if you are in long term in invest ment but i can choose bitcoins right now because of the value.. and the event block halving..

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Quote from: BlackBaron on June 04, 2016, 08:24:32 AM

both, gold is very long for profit but I think it way more safer for long investment

For long-term investment I prefer gold because of its stability of increase but if you want to invest a lot you're better invest on bitcoin and start with low prices.

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Quote from: Vaccomundus on June 04, 2016, 02:49:54 AM

i think gold is worse than bitcoin, bitcoin can rise to 100k easy, gold not anymore, bitcoin will not go to zero like many think, that's fud

You are only looking for a tree, not on the whole forest.

In other words, learn to look outside the box or much better remove the box for you to see some quiet clearer view.

BlackBaron

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both, gold is very long for profit but I think it way more safer for long investment

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Quote from: ning_chang on June 04, 2016, 07:25:37 AM

Both has a great quality, both are valuable, But iprefer bitcoin. Bitcoin is very nice thing, Very easy to use and you can earn it.by many things

me too i prefered choose bitcoin too, bitcoin have more simple way to spend, selling or receiveing and NO taxing in bitcoin .
so for some investor this is make people interesting to long term with it.

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