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Topic: Bitcoin or gold? - page 413. (Read 984547 times)

sr. member
Activity: 378
Merit: 251
May 19, 2016, 01:03:28 PM
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.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
May 19, 2016, 12:53:04 PM
Bitcoin is very useful nowadays, you can earn it even in a minute, if you are really good on trading you can exchange you money for bitcoins and start trading. This is good because it is very cheap where you can start even at a minimum amount unlike the requirements in trading suing FIAT.

While gold on the other hand, for me it is not that worth as it is designed with only sole purpose. This is just to flaunt to people about your status in life but not that really useful in the community.
Each of Gold and bitcoin have their pros and cons, for example gold is more useful for more conservative investors because of its stability.

Yeah and gold holds more number of satisfied customers in compare to bitcoin, and they know that gold can give them assured returns over a period of time.
newbie
Activity: 53
Merit: 0
May 19, 2016, 12:28:31 PM
Quote
Bitcoin or gold?

Both. Definitely.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
May 19, 2016, 09:25:16 AM
Bitcoin is very useful nowadays, you can earn it even in a minute, if you are really good on trading you can exchange you money for bitcoins and start trading. This is good because it is very cheap where you can start even at a minimum amount unlike the requirements in trading suing FIAT.

While gold on the other hand, for me it is not that worth as it is designed with only sole purpose. This is just to flaunt to people about your status in life but not that really useful in the community.
Each of Gold and bitcoin have their pros and cons, for example gold is more useful for more conservative investors because of its stability.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
May 19, 2016, 03:58:45 AM
(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)

It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow?
that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment.
but where you know tomorrow the price will be fail ?

talking about bitcoin the price has more chances to increase to be honest, at least the market is telling me this buy the lok of the recent events

so not buying today because tomorrow may be cheaper is an horrible strategy in an clearly up trend...

Yeah, I think so too. Bitcoin definitely has more room to rise, while gold will still be a good store of value in the long term, but just without much of a room to rise in terms of price.

So that's why it's a good opportunity to buy bitcoin today Smiley

Yeah-yeah, statistically it can't fall below 0 but can grow indefinitely high, so it has much "more room to rise", at least theoretically, lol...

Nothing is more practical than a good theory
hero member
Activity: 840
Merit: 501
Strength in Numbers
May 19, 2016, 03:55:00 AM
Bitcoin and gold have their good quality and also bad. But I can say maybe bitcoin is the new gold of our generation. Just like gold, it can be mined, not by mining it to the mountains or other mining sites. But you can mine it virtually.
sr. member
Activity: 364
Merit: 250
May 19, 2016, 03:40:02 AM
Gold itself is a strong currency so that is nice for the Bitcoin itself but as you want to talk about the future you can see that Bitcoin is getting more popular and used.
And that is because the world is also becoming more digital so that is perfect for the Bitcoin.
sr. member
Activity: 294
Merit: 250
May 19, 2016, 03:26:47 AM
(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)

It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow?
that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment.
but where you know tomorrow the price will be fail ?

talking about bitcoin the price has more chances to increase to be honest, at least the market is telling me this buy the lok of the recent events

so not buying today because tomorrow may be cheaper is an horrible strategy in an clearly up trend...

Yeah, I think so too. Bitcoin definitely has more room to rise, while gold will still be a good store of value in the long term, but just without much of a room to rise in terms of price.

So that's why it's a good opportunity to buy bitcoin today Smiley
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
May 19, 2016, 02:08:39 AM
(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)

It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow?
that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment.
but where you know tomorrow the price will be fail ?

talking about bitcoin the price has more chances to increase to be honest, at least the market is telling me this buy the lok of the recent events

so not buying today because tomorrow may be cheaper is an horrible strategy in an clearly up trend...

You guys seem to have taken my question out of context. I meant to say that it wouldn't be surprising to hear from a seller the same tale about constantly rising prices again and again, that tomorrow will be more expensive than today and things like that...

I'm sure you heard such stories yourself
hero member
Activity: 3234
Merit: 775
🌀 Cosmic Casino
May 19, 2016, 02:06:47 AM
Bitcoin is very useful nowadays, you can earn it even in a minute, if you are really good on trading you can exchange you money for bitcoins and start trading. This is good because it is very cheap where you can start even at a minimum amount unlike the requirements in trading suing FIAT.

While gold on the other hand, for me it is not that worth as it is designed with only sole purpose. This is just to flaunt to people about your status in life but not that really useful in the community.

I will disagree to your insight about gold, think about the mining companies that are giving profit to the people who are working with them,
and to the country's tax that they are paying, gold isn't just about the status of life of people. It is also used for different things that can be useful.
But for me, bitcoin and gold would have its own good characteristics and bad either.
legendary
Activity: 2310
Merit: 1422
May 19, 2016, 01:54:40 AM
Quote
so not buying today because tomorrow may be cheaper is an horrible strategy in an clearly up trend...

 Roll Eyes

What a hell of strategy: so it seems you have a crystal ball. Good advice.

 Roll Eyes

Maybe the wisest and easiest strategy (discussed many times here) to be applied today is the one that consider buying small amounts of gold and BTC every month no matter what the price is.
Anyone can find out how much is a good investment to start with depeniding on someone's needs.
legendary
Activity: 3248
Merit: 1070
May 19, 2016, 01:45:05 AM
(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)

It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow?
that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment.
but where you know tomorrow the price will be fail ?

talking about bitcoin the price has more chances to increase to be honest, at least the market is telling me this buy the lok of the recent events

so not buying today because tomorrow may be cheaper is an horrible strategy in an clearly up trend...
hero member
Activity: 952
Merit: 500
May 19, 2016, 01:41:54 AM
Bitcoin is very useful nowadays, you can earn it even in a minute, if you are really good on trading you can exchange you money for bitcoins and start trading. This is good because it is very cheap where you can start even at a minimum amount unlike the requirements in trading suing FIAT.

While gold on the other hand, for me it is not that worth as it is designed with only sole purpose. This is just to flaunt to people about your status in life but not that really useful in the community.
full member
Activity: 224
Merit: 100
Spastic dead-eyed hound.
May 19, 2016, 12:43:28 AM
(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)

It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow?
that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment.
but where you know tomorrow the price will be fail ?

The way I see things, is that if you are going in on PM's in the first place, you are already setting yourself up for playing the "long" game.  So if that's the case, why on earth would you be concerned about worrying what tomorrow looks like in terms of pricing?

If you are dealing with things such as silver and gold then you are planning on holding for a long time, just primarily because of the fact that you can't liquidate it in an optimal fashion such as bitcoin, which can be done in seconds over exchanges. 

So to worry about what price you are buying into PM's day by day is ludicrous /
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
May 18, 2016, 10:20:25 PM
(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)

It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow?
that's right, waiting right time to buying gold/bitcoin/silver is good way to make profit at investment.
but where you know tomorrow the price will be fail ?
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
May 18, 2016, 05:18:07 PM
(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)

It would be strange if a seller preached for lower prices. Why would anyone want to buy today if he could buy cheaper tomorrow?
legendary
Activity: 2996
Merit: 1903
May 18, 2016, 05:06:20 PM
...

(Cross-posted, but an important article for learning about a neglected but important role for gold):


Gold's price has been rather slow in the past few days/weeks.  There is a real case to be made for taking a longer term view.

Dr. Antal Fekete (interviewed just below) is one of the world's top analysts re gold.  Fekete joins others who see a HUGE increase in the price of gold.  He also has very negative things to say about negative interest rates ("NIRP"), the below is a bit hard to churn through, but well worth it:

http://www.silverdoctors.com/gold/gold-news/a-global-war-against-gold-prof-antal-fekete/

(silverdoctors sells PMs, but is a handy aggregator of gold & silver news.)
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
May 18, 2016, 04:17:03 PM
According to my observations gold ceased development or is very slow while Bitcoin ceases popular but yet it is still far from the level of gold.
People understand it in this and many are investing in Bitcoin
In recent months bitcoin was more productive than gold but gold is better for conservative investors.
hero member
Activity: 910
Merit: 1000
May 18, 2016, 10:43:43 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.
I just want to say something about the coin and that is that he is not secured enough people can steal your coins only if they are in your internet connection. Thats why everyone needs to use gold because that is just in your pocket and if someone want to steal it you can defend it by your self.

True. Because it is physically seen. But there are also a lot of problem with physical gold. You wear it you can get robbed. You got too many of it governmemt will questiom you. This are two different investment and both can be used at the same time.

Yeah gold is risky to hold whereas you can carry as much coins possible in your digital wallet and no one would be aware of it and bitcoin getting stolen can be impossible.
legendary
Activity: 2940
Merit: 1083
May 18, 2016, 09:51:40 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.
I just want to say something about the coin and that is that he is not secured enough people can steal your coins only if they are in your internet connection. Thats why everyone needs to use gold because that is just in your pocket and if someone want to steal it you can defend it by your self.

True. Because it is physically seen. But there are also a lot of problem with physical gold. You wear it you can get robbed. You got too many of it governmemt will questiom you. This are two different investment and both can be used at the same time.
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