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Topic: Bitcoin or gold? - page 417. (Read 984457 times)

hero member
Activity: 966
Merit: 507
May 15, 2016, 03:21:04 PM
Ten years is a long time, talking about investments. If I only have those two options, perhaps I would invest 20% in bitcoins and 80% in gold.
hero member
Activity: 826
Merit: 1000
May 15, 2016, 03:06:48 PM
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

There should be a disclaimer though for those who arent knowledgeable in this area.

Notes and Bonds are the same thing - but different time lengths that the principal amount is returned.

So anyone getting into bonds thats 30 years. For notes its 3-6months or couple years.
sr. member
Activity: 447
Merit: 250
May 15, 2016, 02:58:50 PM
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


That's true there is no product that can give us guaranteed returns, everyone holds certain level of risk, so you need to choose accordingly with which product you are comfortable.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
May 15, 2016, 12:07:33 PM
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
legendary
Activity: 1372
Merit: 1005
May 15, 2016, 12:05:25 PM
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.
hero member
Activity: 952
Merit: 1000
May 15, 2016, 10:33:36 AM
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.
hero member
Activity: 616
Merit: 500
May 15, 2016, 10:28:47 AM
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.
hero member
Activity: 714
Merit: 500
Me, myself and I
May 15, 2016, 09:54:39 AM
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.
hero member
Activity: 798
Merit: 1000
May 15, 2016, 06:46:44 AM
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.
legendary
Activity: 3766
Merit: 1217
May 15, 2016, 06:22:38 AM
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.
sr. member
Activity: 588
Merit: 250
May 14, 2016, 08:55:07 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.
hero member
Activity: 672
Merit: 500
May 14, 2016, 06:20:03 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.
hero member
Activity: 798
Merit: 500
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 .
hero member
Activity: 840
Merit: 1000
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.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
May 14, 2016, 02:51:09 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
legendary
Activity: 1008
Merit: 1000
May 14, 2016, 02:17:07 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.
legendary
Activity: 3766
Merit: 1217
May 14, 2016, 01:46:21 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.
sr. member
Activity: 512
Merit: 250
May 14, 2016, 01:00:39 PM
both are good gold is safer but bitcoin has way more room for growth
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
May 14, 2016, 12:53:11 PM
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.
legendary
Activity: 1526
Merit: 1179
May 14, 2016, 06:06:41 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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