Bitcoin or gold? - page 417. | Bitcointalksearch.org

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Quote from: torrentheaven on May 15, 2016, 10:33:36 AM

Quote from: bitlancr on May 15, 2016, 10:28:47 AM

Speculation is very risky and when you go to bitcoin/altcoin trading it is even more risy. With gold you have a better chance to get ROI without spending too much time on research. Your income or profit will be less offcourse when you choose for gold.

Even if your profit is less but you can expect certain guaranteed returns in future as you know you are not gonna loose your money that you have invested in gold.

There are no "certain guaranteed returns" for money invested in gold. It may be less risky (well, it is), but it is still risky as hell. If you are looking for guaranteed returns (well, to a degree), buy bonds instead of gold

xIIImaL

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Quote from: n691309 on May 14, 2016, 03:35:55 AM

Both are a good place to invest, but since the bitcoin halving is near i think that it does worth more to try invest in bitcoin rather in gold. Gold price to me seems to have more stable price comparing with bitcoin which its value changes dramatically within a night.

For long term investment definitely I will not suggest bitcoins because so for in the world no country is considered as a official currency hence the future of bitcoin is completely unknown. Every one is just hoping that in future most of the businesses will accept bitcoins and it will grow faster but all these are just a hopes so do not put your long term investments on hopes. So gold is the best option for long term investment compared to bitcoins.

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Quote from: bitlancr on May 15, 2016, 10:28:47 AM

Quote from: lexuz on May 15, 2016, 09:54:39 AM

Quote from: ?? on ??

Quote from: co5hike on May 15, 2016, 06:46:44 AM

Quote from: BitcoinPaw on May 14, 2016, 08:55:07 PM

Quote from: peta4e on May 14, 2016, 06:20:03 PM

Quote from: Vikingr on May 14, 2016, 05:48:25 PM

I will say Bitcoin, as with bitcoin we have more chances to increase our money but with gold we cannot increase our money faster we only can secure our money in the form of gold. But still we need a secure place to store them, so try bitcoin it is easy .

Investing in bitcoin is good at a moment, but its risky investment to make as no one is sure where bitcoin will land in future, but sometimes risks must be taken.

Bitcoin can drop price at any time and gold is always better in this case, but i never had deal with gold so i don't know how good it is. Bitcoin ofc risky and it's the main reason why people chooisng gold.

People are choosing gold because they are not aware about bitcoin yet, but the fact is people have more faith in gold as they are using it since long time.

And gold has very a precious value today and it's price is appreciating unlike btcoin it is unstable and there is a possibility that bitcoin
sometimes up and sometimes down.

You are right if bitcoin price is unstable because of that you can take advantage to get more income by trading bitcoin.

Speculation is very risky and when you go to bitcoin/altcoin trading it is even more risy. With gold you have a better chance to get ROI without spending too much time on research. Your income or profit will be less offcourse when you choose for gold.

Even if your profit is less but you can expect certain guaranteed returns in future as you know you are not gonna loose your money that you have invested in gold.

bitlancr

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Quote from: lexuz on May 15, 2016, 09:54:39 AM

Quote from: ?? on ??

Quote from: co5hike on May 15, 2016, 06:46:44 AM

Quote from: BitcoinPaw on May 14, 2016, 08:55:07 PM

Quote from: peta4e on May 14, 2016, 06:20:03 PM

Quote from: Vikingr on May 14, 2016, 05:48:25 PM

I will say Bitcoin, as with bitcoin we have more chances to increase our money but with gold we cannot increase our money faster we only can secure our money in the form of gold. But still we need a secure place to store them, so try bitcoin it is easy .

Investing in bitcoin is good at a moment, but its risky investment to make as no one is sure where bitcoin will land in future, but sometimes risks must be taken.

Bitcoin can drop price at any time and gold is always better in this case, but i never had deal with gold so i don't know how good it is. Bitcoin ofc risky and it's the main reason why people chooisng gold.

People are choosing gold because they are not aware about bitcoin yet, but the fact is people have more faith in gold as they are using it since long time.

And gold has very a precious value today and it's price is appreciating unlike btcoin it is unstable and there is a possibility that bitcoin
sometimes up and sometimes down.

You are right if bitcoin price is unstable because of that you can take advantage to get more income by trading bitcoin.

Speculation is very risky and when you go to bitcoin/altcoin trading it is even more risy. With gold you have a better chance to get ROI without spending too much time on research. Your income or profit will be less offcourse when you choose for gold.

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Quote from: ?? on ??

Quote from: co5hike on May 15, 2016, 06:46:44 AM

Quote from: BitcoinPaw on May 14, 2016, 08:55:07 PM

Quote from: peta4e on May 14, 2016, 06:20:03 PM

Quote from: Vikingr on May 14, 2016, 05:48:25 PM

I will say Bitcoin, as with bitcoin we have more chances to increase our money but with gold we cannot increase our money faster we only can secure our money in the form of gold. But still we need a secure place to store them, so try bitcoin it is easy .

Investing in bitcoin is good at a moment, but its risky investment to make as no one is sure where bitcoin will land in future, but sometimes risks must be taken.

Bitcoin can drop price at any time and gold is always better in this case, but i never had deal with gold so i don't know how good it is. Bitcoin ofc risky and it's the main reason why people chooisng gold.

People are choosing gold because they are not aware about bitcoin yet, but the fact is people have more faith in gold as they are using it since long time.

And gold has very a precious value today and it's price is appreciating unlike btcoin it is unstable and there is a possibility that bitcoin
sometimes up and sometimes down.

You are right if bitcoin price is unstable because of that you can take advantage to get more income by trading bitcoin.

co5hike

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Quote from: BitcoinPaw on May 14, 2016, 08:55:07 PM

Quote from: peta4e on May 14, 2016, 06:20:03 PM

Quote from: Vikingr on May 14, 2016, 05:48:25 PM

I will say Bitcoin, as with bitcoin we have more chances to increase our money but with gold we cannot increase our money faster we only can secure our money in the form of gold. But still we need a secure place to store them, so try bitcoin it is easy .

Investing in bitcoin is good at a moment, but its risky investment to make as no one is sure where bitcoin will land in future, but sometimes risks must be taken.

Bitcoin can drop price at any time and gold is always better in this case, but i never had deal with gold so i don't know how good it is. Bitcoin ofc risky and it's the main reason why people chooisng gold.

People are choosing gold because they are not aware about bitcoin yet, but the fact is people have more faith in gold as they are using it since long time.

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Quote from: terman45x on May 14, 2016, 05:40:36 PM

I will go with bitcoin at a moment as I don't have patience to wait longer, and bitcoin can give me best returns at the time of halving.

Trust me, people like you who don't have any patience will lose money by investing in BTC. There is no investment which can double your capital overnight. You must have the patience, and you must be ready to wait for two or three years.

Look at what happened during the last block reward halving. The prices remained stable for almost a year after the halving, before stating to rise in early 2013. IMO, the same will happen this time as well. The spike is going to occur sometime in the 2017.

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Quote from: peta4e on May 14, 2016, 06:20:03 PM

Quote from: Vikingr on May 14, 2016, 05:48:25 PM

I will say Bitcoin, as with bitcoin we have more chances to increase our money but with gold we cannot increase our money faster we only can secure our money in the form of gold. But still we need a secure place to store them, so try bitcoin it is easy .

Investing in bitcoin is good at a moment, but its risky investment to make as no one is sure where bitcoin will land in future, but sometimes risks must be taken.

Bitcoin can drop price at any time and gold is always better in this case, but i never had deal with gold so i don't know how good it is. Bitcoin ofc risky and it's the main reason why people chooisng gold.

peta4e

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Quote from: Vikingr on May 14, 2016, 05:48:25 PM

I will say Bitcoin, as with bitcoin we have more chances to increase our money but with gold we cannot increase our money faster we only can secure our money in the form of gold. But still we need a secure place to store them, so try bitcoin it is easy .

Investing in bitcoin is good at a moment, but its risky investment to make as no one is sure where bitcoin will land in future, but sometimes risks must be taken.

Vikingr

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I will say Bitcoin, as with bitcoin we have more chances to increase our money but with gold we cannot increase our money faster we only can secure our money in the form of gold. But still we need a secure place to store them, so try bitcoin it is easy .

terman45x

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I will go with bitcoin at a moment as I don't have patience to wait longer, and bitcoin can give me best returns at the time of halving.

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Quote from: Corenin on May 14, 2016, 02:17:07 PM

Quote from: bryant.coleman on May 14, 2016, 01:46:21 PM

Quote from: AbsoluteT on May 14, 2016, 01:00:39 PM

both are good gold is safer but bitcoin has way more room for growth

That is why we consider Bitcoin as a high-risk investment, and gold as a safe-investment. In fact, gold is even safer than fiat currencies such as the United States Dollar and the United Kingdom Pound. For example, the purchasing power of the US Dollar has declined by almost 97% during the last 100 years. On the other hand, the same for gold has seen a 100% increase.

Oh thanks for sharing those statistics, I was not aware about that, but the fact is people have more faith in gold only reason is it is more popular then bitcoin.

There are three kinds of lies - just lies, outrageous lies, and statistics. Ultimately, it is irrelevant how much the purchasing power of dollar declined and how much gold appreciated over time. What does actually matter is per-capita wealth and wealth distribution...

Fiat money and gold have different utilities, so it is not proper to compare them

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Quote from: bryant.coleman on May 14, 2016, 01:46:21 PM

Quote from: AbsoluteT on May 14, 2016, 01:00:39 PM

both are good gold is safer but bitcoin has way more room for growth

That is why we consider Bitcoin as a high-risk investment, and gold as a safe-investment. In fact, gold is even safer than fiat currencies such as the United States Dollar and the United Kingdom Pound. For example, the purchasing power of the US Dollar has declined by almost 97% during the last 100 years. On the other hand, the same for gold has seen a 100% increase.

Oh thanks for sharing those statistics, I was not aware about that, but the fact is people have more faith in gold only reason is it is more popular then bitcoin.

bryant.coleman

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Quote from: AbsoluteT on May 14, 2016, 01:00:39 PM

both are good gold is safer but bitcoin has way more room for growth

That is why we consider Bitcoin as a high-risk investment, and gold as a safe-investment. In fact, gold is even safer than fiat currencies such as the United States Dollar and the United Kingdom Pound. For example, the purchasing power of the US Dollar has declined by almost 97% during the last 100 years. On the other hand, the same for gold has seen a 100% increase.

AbsoluteT

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both are good gold is safer but bitcoin has way more room for growth

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Quote from: Barbut on May 14, 2016, 06:01:10 AM

Gold is gold, bitcoin is the future. Very simple, I never liked jewelry. Can you imagen how much time I need to transfer couple grams in some casino to play there?
I don't know and I don't even wish to try.

In one form what you said can be accepted. But with gold you get the promise that the price won't go worse in a short or long term. But with bitcoin none can make a exact prediction. So as you described gold is Gold. Bitcoin is bitcoin or a source which can be depended with certain limitations.

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Quote from: Barbut on May 14, 2016, 06:01:10 AM

Gold is gold, bitcoin is the future. Very simple, I never liked jewelry. Can you imagen how much time I need to transfer couple grams in some casino to play there?
I don't know and I don't even wish to try.

With Gold you know it's still there after 10-100-1000 years, and that's not the case with Bitcoin.

Sure, Bitcoin will still be here after 10 or 20 years, but what after 50 years?

No one can answer that. With Gold you know it will survive. And that's what the real difference is.

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Gold is gold, bitcoin is the future. Very simple, I never liked jewelry. Can you imagen how much time I need to transfer couple grams in some casino to play there?
I don't know and I don't even wish to try.

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Quote from: tampazeus on May 14, 2016, 05:49:49 AM

Quote from: jossiel on May 14, 2016, 05:36:29 AM

Quote from: n691309 on May 14, 2016, 03:35:55 AM

Both are a good place to invest, but since the bitcoin halving is near i think that it does worth more to try invest in bitcoin rather in gold. Gold price to me seems to have more stable price comparing with bitcoin which its value changes dramatically within a night.

I agree on your though regarding the price of gold it more stable rather than bitcoin but most of the people would choose bitcoin because it can easily acquired with different ways and very convenient to use and sell rather than gold it takes time to sell and trade with gold.

If you are looking for quick profits then you should invest in bitcoin at a moment, as this is the time of bitcoin which will get better and better as time passes.

When talking about quick profits there risk is always on its tail with that. But it is safe to invest today if you will and hold your bitcoins and just keep it until the halving happens. You will get secured earnings and without risking your money.

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Quote from: jossiel on May 14, 2016, 05:36:29 AM

Quote from: n691309 on May 14, 2016, 03:35:55 AM

Both are a good place to invest, but since the bitcoin halving is near i think that it does worth more to try invest in bitcoin rather in gold. Gold price to me seems to have more stable price comparing with bitcoin which its value changes dramatically within a night.

I agree on your though regarding the price of gold it more stable rather than bitcoin but most of the people would choose bitcoin because it can easily acquired with different ways and very convenient to use and sell rather than gold it takes time to sell and trade with gold.

If you are looking for quick profits then you should invest in bitcoin at a moment, as this is the time of bitcoin which will get better and better as time passes.

Topic: Bitcoin or gold? - page 417. (Read 984547 times)