Bitcoin or gold? - page 405. | Bitcointalksearch.org

torrentheaven

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Quote from: ruselbd on May 30, 2016, 02:43:37 PM

Absuletly bitcoin not gold.....
Gold is relatively stable and has had centuries to establish its relative value in the world. Tongue

People how are aware about bitcoin and its potential will never choose gold even if it exists since long time, as they know how bitcoin can make rich in quick time.

ruselbd

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Absuletly bitcoin not gold.....
Gold is relatively stable and has had centuries to establish its relative value in the world. Tongue

umaOuma

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Quote from: sishendaoye on May 30, 2016, 12:20:25 PM

I would go for the bitcoin without any doubts because with the bitcoin you can do so much things these days.
Its way profitable and the price is also right now rising quickly.

Exactly, invest now in bitcoin to gain better profits in quick time, gold is good but not as fast as bitcoin in giving profits, the users of bitcoin will invest only in it and not in gold.

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I would go for the bitcoin without any doubts because with the bitcoin you can do so much things these days.
Its way profitable and the price is also right now rising quickly.

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Quote from: pocarime32 on May 30, 2016, 09:41:43 AM

For now i pick bitcoin, because the price of bitcoin really increase so high and it's make me more want to use bitcoin than gold. Gold is good too, but for now i choose bitcoin.

You are right, it is better to choose and pick bitcoin today that's because of rapidly increasing of it's price and that is because the halving is coming
soon. So, better to shift first to bitcoin for those gold traders and invest to bitcoin and hold your bitcoins. So, that you can earn some profit.
Before and after the halving or even after the year ends.

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For now i pick bitcoin, because the price of bitcoin really increase so high and it's make me more want to use bitcoin than gold. Gold is good too, but for now i choose bitcoin.

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Quote from: dezoel on May 30, 2016, 08:00:56 AM

Quote from: jossiel on May 30, 2016, 07:31:31 AM

Quote from: mark coins on May 30, 2016, 07:04:54 AM

Bitcoin for sure at a moment, cannot afford to invest anywhere else, price is going higher and higher with each single day, we will see all time high price in this year.

I will choose also bitcoin, I will take the advantage of it that the price of bitcoin is getting higher and higher when the halving comes. For sure, if the halving already happens, bitcoin price is going to be that high.

This is the right moment and best opportunity to invest in bitcoin, we should take the advantage of halving by making some good profits, we can invest in gold anytime in future.

Gold will not survive in the future and that is the problem, because the world is becoming more digital and that is good for Bitcoin.
Gold is now many used, but you can see now that it is reducing so that is quite bad.
And you see that Bitcoin is becoming more popular.

avw1982

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Quote from: dezoel on May 30, 2016, 08:00:56 AM

Quote from: jossiel on May 30, 2016, 07:31:31 AM

Quote from: mark coins on May 30, 2016, 07:04:54 AM

Bitcoin for sure at a moment, cannot afford to invest anywhere else, price is going higher and higher with each single day, we will see all time high price in this year.

I will choose also bitcoin, I will take the advantage of it that the price of bitcoin is getting higher and higher when the halving comes. For sure, if the halving already happens, bitcoin price is going to be that high.

This is the right moment and best opportunity to invest in bitcoin, we should take the advantage of halving by making some good profits, we can invest in gold anytime in future.

Both of the price fluctuations are based on some reasons. Unlike you, I go for bitcoin for sure whereas with gold I will do a little bit as gold is so slower appreciations compared to bitcoin's growth. I always go with bitcoin for current trend.

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Quote from: tabas on May 30, 2016, 08:32:46 AM

Quote from: dezoel on May 30, 2016, 08:00:56 AM

Quote from: jossiel on May 30, 2016, 07:31:31 AM

Quote from: mark coins on May 30, 2016, 07:04:54 AM

Bitcoin for sure at a moment, cannot afford to invest anywhere else, price is going higher and higher with each single day, we will see all time high price in this year.

I will choose also bitcoin, I will take the advantage of it that the price of bitcoin is getting higher and higher when the halving comes. For sure, if the halving already happens, bitcoin price is going to be that high.

This is the right moment and best opportunity to invest in bitcoin, we should take the advantage of halving by making some good profits, we can invest in gold anytime in future.

True, take the advantage as halving comes just for a sudden and doesn't happen daily. Hold many bitcoins as you can, or sell out your golds,
if you have and exchange it to bitcoin and hold out your bitcoin and after you earned after the bitcoin then buy now what you want, like
investing again to gold.

Yes it would be a worst decision at a moment to invest in gold as gold will not give you quick returns that bitcoin can give you in next few months.

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Quote from: dezoel on May 30, 2016, 08:00:56 AM

Quote from: jossiel on May 30, 2016, 07:31:31 AM

Quote from: mark coins on May 30, 2016, 07:04:54 AM

Bitcoin for sure at a moment, cannot afford to invest anywhere else, price is going higher and higher with each single day, we will see all time high price in this year.

I will choose also bitcoin, I will take the advantage of it that the price of bitcoin is getting higher and higher when the halving comes. For sure, if the halving already happens, bitcoin price is going to be that high.

This is the right moment and best opportunity to invest in bitcoin, we should take the advantage of halving by making some good profits, we can invest in gold anytime in future.

True, take the advantage as halving comes just for a sudden and doesn't happen daily. Hold many bitcoins as you can, or sell out your golds,
if you have and exchange it to bitcoin and hold out your bitcoin and after you earned after the bitcoin then buy now what you want, like
investing again to gold.

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Quote from: jossiel on May 30, 2016, 07:31:31 AM

Quote from: mark coins on May 30, 2016, 07:04:54 AM

Bitcoin for sure at a moment, cannot afford to invest anywhere else, price is going higher and higher with each single day, we will see all time high price in this year.

I will choose also bitcoin, I will take the advantage of it that the price of bitcoin is getting higher and higher when the halving comes. For sure, if the halving already happens, bitcoin price is going to be that high.

This is the right moment and best opportunity to invest in bitcoin, we should take the advantage of halving by making some good profits, we can invest in gold anytime in future.

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Quote from: mark coins on May 30, 2016, 07:04:54 AM

Bitcoin for sure at a moment, cannot afford to invest anywhere else, price is going higher and higher with each single day, we will see all time high price in this year.

I will choose also bitcoin, I will take the advantage of it that the price of bitcoin is getting higher and higher when the halving comes. For sure, if the halving already happens, bitcoin price is going to be that high.

mark coins

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Bitcoin for sure at a moment, cannot afford to invest anywhere else, price is going higher and higher with each single day, we will see all time high price in this year.

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Quote from: mightyghz on May 30, 2016, 05:23:28 AM

I think a crypto backed by gold or silver would be a cool idea, But it would probably be hard to implement it, You would have to "Trust" someone with securely storing the physical gold and silver and the crypto would have to be redeemable so that anyone could request a withdraw of their physical gold and silver.

I don't agree with this idea. Rather than backing up crypto with bullion, why can't we directly use gold? The value of Bitcoin lies in its technology. It does not need to be backed up with any other asset, including bullion. It can mess up the exchange rates as well. Ideally, the price of BTC should vary depending on the demand and usage. However, if you back it up with bullion, then the exchange rate may get tied up with the market price of gold.

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Quote from: mightyghz on May 30, 2016, 05:23:28 AM

I think a crypto backed by gold or silver would be a cool idea, But it would probably be hard to implement it, You would have to "Trust" someone with securely storing the physical gold and silver and the crypto would have to be redeemable so that anyone could request a withdraw of their physical gold and silver.

i think a coin should only be backed by its usage not by something else that might turn to be worthless, if a coin don't get enough attention, then it was simply a bad coin, better to move to another one with better features

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I think a crypto backed by gold or silver would be a cool idea, But it would probably be hard to implement it, You would have to "Trust" someone with securely storing the physical gold and silver and the crypto would have to be redeemable so that anyone could request a withdraw of their physical gold and silver.

Ulloa

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I will choose for Bitcoin and that is because I think that Bitcoin will be more worth so that would be really nice and that is also because the halving is also coming towards to us.
And it will be also the most used payment method in the future and it is now becoming more acceptable also.

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Quote from: goinmerry on May 03, 2016, 08:22:06 AM

Quote from: ?? on ??

Quote from: Lokfar on May 02, 2016, 09:52:20 AM

As you can see now you see that Bitcoin is getting more popular and that is because the currency is also getting more acceptable and more used so that is quite nice.
But the only thing that have to change is the value because that must rise up soon.

Yeah bitcoin is better than gold for us that uses bitcoin but for those who doesn't know about bitcoin.
They will choose gold between them. Gold is precious, well all know it and it has a high value the longer it is the higher value it becomes.

Gold have been precious for a longer time that is why it is easy to get hooked to it. Bitcoin is still young and many more years to go to get the level of where gold it. I want gold also but it is not that easy to get unlike bitcoin.

yeah maybe in 10 years everyone wants them both. But these years i don't think so many countries
doesn't accept the coin in each store only several countries does.
But maybe in 10 years we will see.

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Quote from: deisik on May 30, 2016, 03:59:38 AM

So you inevitably come to a conclusion that cash stashed under the mattress and gold buried in the backyard are the best available options

Unfortunately that is going to be the case in the near future. But even stashing the banknotes is going to become difficult in the future. High-denomination banknotes are being withdrawn in many countries. The €500 banknote is the latest casualty. If things go on like this, they will soon ban the $100 and the £50 banknotes.

The CHF 1000 note is still there. But I don't know for how long...

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Quote from: Betwrong on May 30, 2016, 02:37:27 AM

Quote from: bryant.coleman on May 30, 2016, 02:20:19 AM

Quote from: deisik on May 30, 2016, 01:34:17 AM

So what's the catch? As I said it quite a lot of times already, it is not a matter of if but sooner when your money gets stolen by an exchange. Their name is Legion...

This is a major issue with Bitcoin. There is not a single Bitcoin exchange out there, which we can trust 100%. I am using BTC-e for the last 4 years. Even then, I won't trust them. I never keep any of my coins in these exchanges on the long-term... but sometimes I am forced to do so (for example, to purchase LTC in exchange for BTC).

I agree with you, but is there a bank which we can trust 100%? No. But we do not consider this as a big problem, we are just using the banks everyday. Same with Bitcoin exchanges: just don't use those which look very suspicious.

In most countries with well-developed banking systems, deposits are insured by special insuring agencies, and the system is heavily regulated and controlled overall, unlike shady Bitcoin exchanges, which may exist only online with no real offices and all that offline stuff and staff. On the other hand, the Great Cyprus Haircut leaves much room for rethinking this issue again...

So you inevitably come to a conclusion that cash stashed under the mattress and gold buried in the backyard are the best available options

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