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Topic: Bitcoin or gold? - page 411. (Read 984457 times)

hero member
Activity: 952
Merit: 1000
May 26, 2016, 06:19:14 AM
I had more faith in gold before bitcoin came into existence but after I started to know bitcoin my all money goes into it as an investment.

I think you are doing just right and you will not regret it. I know it's hard for most people to grasp the idea that something which is not even physical can be more valuable than gold but if they only try they would be in profit.

Well if that's your belief then we can't destroy it. And also there is a point that people see physically is much more reliable for investment.
And gold is been in the market for many centuries until today.

People have more faith in something that they can hold or touch physically, and gold allows them to do that, bitcoin cannot be feel or touched and that is reason people don't trust it.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
May 26, 2016, 04:24:24 AM
I had more faith in gold before bitcoin came into existence but after I started to know bitcoin my all money goes into it as an investment.

I think you are doing just right and you will not regret it. I know it's hard for most people to grasp the idea that something which is not even physical can be more valuable than gold but if they only try they would be in profit.
legendary
Activity: 2940
Merit: 1865
May 25, 2016, 04:53:38 PM
invested in both, waiting for a gold dump to ~1150 to buy more


BOTH have been relatively "boring" lately, with gold probably down a bit more percentage.



Obviously gold, cannot afford to trust bitcoin in long run.


I constantly switch between thinking Bitcoin is the speculation of a lifetime (which it may be), and the thought that the BTC Overlords (or .gov) may screw it up.  If the latter, gold beckons...

BOTH seems to be the best bet: half security, half a great Lotto ticket.
hero member
Activity: 812
Merit: 1000
May 25, 2016, 02:02:42 PM
Obviously gold, cannot afford to trust bitcoin in long run.
hero member
Activity: 601
Merit: 503
May 25, 2016, 02:00:27 PM
invested in both, waiting for a gold dump to ~1150 to buy more
hero member
Activity: 938
Merit: 1000
May 25, 2016, 01:40:26 PM
I had more faith in gold before bitcoin came into existence but after I started to know bitcoin my all money goes into it as an investment.
hero member
Activity: 910
Merit: 502
May 25, 2016, 01:35:50 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?
its better to use the gold so i dont know why you want to say that its better to use the bitcoin. Ok sometimes its better to use the coin because hes new and there are people who must know about it. But what do you think of only bitcoins in the future i dont think that is going to work for everyone.

I still think bitcoin is better
sr. member
Activity: 364
Merit: 250
May 24, 2016, 09:44:20 AM
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?
its better to use the gold so i dont know why you want to say that its better to use the bitcoin. Ok sometimes its better to use the coin because hes new and there are people who must know about it. But what do you think of only bitcoins in the future i dont think that is going to work for everyone.
sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
May 24, 2016, 09:32:02 AM
I would like to hold gold, because it is less volatile than bitcoin.
In my country India gold and btc are hovering near same price INR 30000.
gold 30000/10gm . both needs same investment now but have different futures.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
May 24, 2016, 09:31:36 AM
i will always choose bitcoin over gold and try to invest my money in bitcoin instead.

but you can't deny the value that gold has and buying old in form of jewelry and things like that is kind of an investment also.
hero member
Activity: 812
Merit: 1000
May 24, 2016, 09:27:13 AM
The bitcoin has a good future a head and with the gold its still unsure what will happen although its stable.
I would choose the bitcoin but they both have their up and downsides.

That's true we don't know what future holds for us and which product  will perform better in future so its good to invest in both of them.
sr. member
Activity: 476
Merit: 250
May 24, 2016, 09:07:24 AM
The bitcoin has a good future a head and with the gold its still unsure what will happen although its stable.
I would choose the bitcoin but they both have their up and downsides.
hero member
Activity: 812
Merit: 1000
May 24, 2016, 08:59:16 AM
You can better pick gold then bitcoins maybe in the future the bitcoin will be such popular as the normal dollar of gold. But by so far in this time im going to use gold instead of the bitcoin.

Bitcoin today will still not just like as gold , but yeah in the future bitcoin will have the way to be same like gold as. But for me, I would
go neutral as both of them have the potential.

Investing in both of them can be really best option, as both are unique and both have their own advantages and disadvantages and lets hope that both of them will shine in future.
hero member
Activity: 840
Merit: 501
Strength in Numbers
May 24, 2016, 08:50:28 AM
You can better pick gold then bitcoins maybe in the future the bitcoin will be such popular as the normal dollar of gold. But by so far in this time im going to use gold instead of the bitcoin.

Bitcoin today will still not just like as gold , but yeah in the future bitcoin will have the way to be same like gold as. But for me, I would
go neutral as both of them have the potential.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
May 24, 2016, 08:45:27 AM
bitcoin is highest technology, it's digital currency, we can send and receive it anywhere anytime.
with bitcoin no people know you have million dollar, if you keep it on your phone and keep silent  Cheesy

That's true bitcoin is the best payment method that we have now, but it will take some time to reach to each and every individual and it can be best investment too.
sr. member
Activity: 336
Merit: 250
May 24, 2016, 08:43:14 AM
You can better pick gold then bitcoins maybe in the future the bitcoin will be such popular as the normal dollar of gold. But by so far in this time im going to use gold instead of the bitcoin.
hero member
Activity: 700
Merit: 501
May 22, 2016, 10:42:13 PM
bitcoin is highest technology, it's digital currency, we can send and receive it anywhere anytime.
with bitcoin no people know you have million dollar, if you keep it on your phone and keep silent  Cheesy
hero member
Activity: 672
Merit: 503
May 21, 2016, 09:03:35 AM
I am gonna choose gold now, but i am sure that i will change my mind after halving but if price will not increase high nothing will change.
before halving or after halving I would still choose bitcoin. because I love these commodities and currencies. If you already love him you would believe the bitcoin and its future
i believe bitcoin , i beleive bitcoin can survive for long time, but i can't put all money at bitcoin, i save my  money at some place, bitcoin , etherum, XVG, fiat etc.

of course we must believe bitcoin, but you can risking your life just for invest your money at bitcoin.

Invest in multiple products to earn good in future, as we don't know which product will perform better in future, if one fails the other will take care of our investments.

I agree with you guys, if you invest in multiple investments or products the higher chance of earning bigger but you need to consider that
if you can really manage multiple investments but if not you are just wasting your money and time.
But if you can then you are going to be have more positive outcome.

You need to research well before investing in any product, as I don't have faith in online investments at this stage but investing in gold and bitcoin can help us in long run.

a lot people here just yolo "invest" hoping to see the price reach very high price levels in a very short time. they probably don't even know the definition of doing research before investing. these people mostly end up with disappointment after another disappointment.

That's true, if you don't know the real meaning  of investment then I think they should stay away from investment, as if they don't wait and sell their coins at wrong time then they will keep on blaming bitcoin entire their life.
legendary
Activity: 1610
Merit: 1183
May 21, 2016, 09:00:26 AM
You can't go wrong by going yolo on Bitcoin, if you go long term. The problem is, a lot of idiots hear about Bitcoin and they want to become rich overnight, so they buy a lot of Bitcoin, the price goes 30 dollars down, and they panic sell.
Well, what I can say, those people don't deserve to become rich from Bitcoin.
legendary
Activity: 896
Merit: 1000
May 21, 2016, 08:47:41 AM
I am gonna choose gold now, but i am sure that i will change my mind after halving but if price will not increase high nothing will change.
before halving or after halving I would still choose bitcoin. because I love these commodities and currencies. If you already love him you would believe the bitcoin and its future
i believe bitcoin , i beleive bitcoin can survive for long time, but i can't put all money at bitcoin, i save my  money at some place, bitcoin , etherum, XVG, fiat etc.

of course we must believe bitcoin, but you can risking your life just for invest your money at bitcoin.

Invest in multiple products to earn good in future, as we don't know which product will perform better in future, if one fails the other will take care of our investments.

I agree with you guys, if you invest in multiple investments or products the higher chance of earning bigger but you need to consider that
if you can really manage multiple investments but if not you are just wasting your money and time.
But if you can then you are going to be have more positive outcome.

You need to research well before investing in any product, as I don't have faith in online investments at this stage but investing in gold and bitcoin can help us in long run.

a lot people here just yolo "invest" hoping to see the price reach very high price levels in a very short time. they probably don't even know the definition of doing research before investing. these people mostly end up with disappointment after another disappointment.
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