Bitcoin or gold? - page 425. | Bitcointalksearch.org

secone

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Quote from: BitcoinLoan on May 08, 2016, 09:54:52 PM

Bitcoin or gold? This question has no clear answer.
The most important rule of investing is distribution of risk. In this case (with only two options) you have to choose both, so Bitcoin and gold.

if you know the distribution risk you know bitcoin is better choice than gold, we can trace bitcin distribution anywhere any time.

BitcoinLoan

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Bitcoin or gold? This question has no clear answer.
The most important rule of investing is distribution of risk. In this case (with only two options) you have to choose both, so Bitcoin and gold.

blackmachinegun

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Quote from: ps_jb on May 08, 2016, 04:51:28 PM

Quote from: JumperX on May 08, 2016, 02:28:08 PM

I will choose bitcoin looking at its potential to grow, as it can give me best returns in short span of time which is not possible with gold.

So borrow/earn/get $ 100k invest in BTC and get $ 1M "in short span of time"

if you want to get the 1M only $100 of capital in a short time. it may happen but you must use the means that are quite dependent on luck. yeah its name gambling. if you do not use bitcoin gambling to double to 1 million then it would be impossible. I've seen someone bet 1000 BTC. maybe he has a high luck

ps_jb

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Quote from: JumperX on May 08, 2016, 02:28:08 PM

I will choose bitcoin looking at its potential to grow, as it can give me best returns in short span of time which is not possible with gold.

So borrow/earn/get $ 100k invest in BTC and get $ 1M "in short span of time"

JumperX

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I will choose bitcoin looking at its potential to grow, as it can give me best returns in short span of time which is not possible with gold.

bryant.coleman

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Quote from: terman45x on May 08, 2016, 01:35:48 PM

Gold for long term

Bitcoin for short term

Both are best as an investment product.

Both gold and bitcoin are for the long term. If you are looking for a short-term investment, then purchase some equities or mutual funds from the stock market. Or you can waste your investment on various HYIPs. Bitcoin is not meant for people who lack patience.

Investment in gold is preferable only if you can hold it for more than 10 years. The same for Bitcoin (as per my calculation) is around 4-5 years.

BitHodler

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Quote from: terman45x on May 08, 2016, 01:35:48 PM

Gold for long term

Bitcoin for short term

Both are best as an investment product.

Why don't you see Bitcoin as a long term investment?

If you just look at how much potential profit you can make in the very long term then it just shows that Bitcoin is also a more than perfect long term investment.

terman45x

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Gold for long term

Bitcoin for short term

Both are best as an investment product.

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Quote from: bryant.coleman on May 08, 2016, 12:43:23 PM

Quote from: olarsson on May 08, 2016, 12:07:17 PM

I would like to have a cryptocurrency backed by gold even better some computer related "asset" like processingpower.

Backing up a crypto-currency with a solid asset such as bullion or real estate is feasible (although I am not sure how much practical is that idea). But I am not in favor of backing it up with processing power. As technology advances, new chips will be invented with more and more processing power. It is like fiat currency, which is prone to inflation.

It doesn't for a few years already. I upgraded my box almost two years ago, and the processor is still top-notch (8 core AMD FX-8350, for the curious). Yes, you could add yet more cores per chip, but you could just as well buy more chips...

Frequencies seem to be no longer growing (raw processing power)

bryant.coleman

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Quote from: olarsson on May 08, 2016, 12:07:17 PM

I would like to have a cryptocurrency backed by gold even better some computer related "asset" like processingpower.

Backing up a crypto-currency with a solid asset such as bullion or real estate is feasible (although I am not sure how much practical is that idea). But I am not in favor of backing it up with processing power. As technology advances, new chips will be invented with more and more processing power. It is like fiat currency, which is prone to inflation.

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At a moment I will choose bitcoin looking at its potential to grow and also keeping in mind the halving,which can show us best price in coming months.

olarsson

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I would like to have a cryptocurrency backed by gold even better some computer related "asset" like processingpower.

umaOuma

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Quote from: ElpadroBitcoin on May 08, 2016, 10:56:07 AM

Gold is the market leader when it comes down to investment and securities. There is no way a new coin like bitcoin can compete with this assets which has been there for centuries.

Yeah, gold has been proved throughout many generations that it is more reliable if you want to invest your money.
Invest more in gold because it is always possible to appreciate its price and no reason to depreciate. Unlike bitcoin, sometimes the price is good,
and sometimes its price is falling.

Yes and gold will give you satisfied returns in future,but there is no guarantee that you will make profits with bitcoin, right now halving is the only hope.

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gold its the origin of all, gold backup money and money backup gold, so for now gold its better

torrentheaven

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Quote from: ElpadroBitcoin on May 08, 2016, 10:56:07 AM

Gold is the market leader when it comes down to investment and securities. There is no way a new coin like bitcoin can compete with this assets which has been there for centuries.

Yes gold will win the race in long run as it has more number of satisfied customers and they have more faith in gold and feel risk to invest in bitcoin.

ElpadroBitcoin

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Gold is the market leader when it comes down to investment and securities. There is no way a new coin like bitcoin can compete with this assets which has been there for centuries.

secone

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Quote from: stromma44 on May 08, 2016, 10:02:50 AM

If the current price is higher then what you bought then I think you should sell some of your coins and generate profits from it rather then holding long.

each people have goal point, some of them thinking by precentage, if his profit reach arround 10%, 20% , 50% he will sell his bitcoin.
im altcoin trader, and take middle profit arround 10-15% .

so if people who trust blockhalving make the price rise again, better to sell if you get 5% and holding some until the block halving done.

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Quote from: secone on May 08, 2016, 09:39:36 AM

Quote from: peta4e on May 08, 2016, 09:16:03 AM

Quote from: boyptc on May 08, 2016, 09:05:04 AM

Quote from: deisik on May 08, 2016, 08:35:20 AM

Quote from: Amph on May 08, 2016, 06:32:06 AM

Quote from: deisik on May 08, 2016, 04:34:28 AM

Didn't it get canceled after all, wtf?

are you making this up, it was never mentioned that it will ever be cancelled, also it need an hard fork, and it go against the fundamentals rules of bitcoin...aka it will never happen

I just asked. But never mind, there were a few threads as of recent questioning whether the coming halving should be canceled, so no smoke without fire?

No it will not cancel and it will make the price of bitcoins increase. But the supply of bitcoins will be limited into 21 million soon. Don't believe that rumors that bitcoin halving will be cancelled.

Bitcoin halving will be surely done in the month of July and its not gonna canceled, so investing in bitcoin at a moment is the best thing to do.

But No people can give guarantee bitcoin will be rise after/before blockhalving done Undecided

so better sell some of your bitcoin now and save some for future too.

Yes, there is no assurance for the price hike of bitcoins after that halving happens. And what ever happens after the bitcoin halving.
It is better to save for future purpose. And don't expect too much so that you won't get hurt.

stromma44

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Quote from: secone on May 08, 2016, 09:39:36 AM

Quote from: peta4e on May 08, 2016, 09:16:03 AM

Quote from: boyptc on May 08, 2016, 09:05:04 AM

Quote from: deisik on May 08, 2016, 08:35:20 AM

Quote from: Amph on May 08, 2016, 06:32:06 AM

Quote from: deisik on May 08, 2016, 04:34:28 AM

Didn't it get canceled after all, wtf?

are you making this up, it was never mentioned that it will ever be cancelled, also it need an hard fork, and it go against the fundamentals rules of bitcoin...aka it will never happen

I just asked. But never mind, there were a few threads as of recent questioning whether the coming halving should be canceled, so no smoke without fire?

No it will not cancel and it will make the price of bitcoins increase. But the supply of bitcoins will be limited into 21 million soon. Don't believe that rumors that bitcoin halving will be cancelled.

Bitcoin halving will be surely done in the month of July and its not gonna canceled, so investing in bitcoin at a moment is the best thing to do.

But No people can give guarantee bitcoin will be rise after/before blockhalving done Undecided

so better sell some of your bitcoin now and save some for future too.

If the current price is higher then what you bought then I think you should sell some of your coins and generate profits from it rather then holding long.

defined

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Quote from: peta4e on May 08, 2016, 09:16:03 AM

Quote from: boyptc on May 08, 2016, 09:05:04 AM

Quote from: deisik on May 08, 2016, 08:35:20 AM

Quote from: Amph on May 08, 2016, 06:32:06 AM

Quote from: deisik on May 08, 2016, 04:34:28 AM

Didn't it get canceled after all, wtf?

are you making this up, it was never mentioned that it will ever be cancelled, also it need an hard fork, and it go against the fundamentals rules of bitcoin...aka it will never happen

I just asked. But never mind, there were a few threads as of recent questioning whether the coming halving should be canceled, so no smoke without fire?

No it will not cancel and it will make the price of bitcoins increase. But the supply of bitcoins will be limited into 21 million soon. Don't believe that rumors that bitcoin halving will be cancelled.

Bitcoin halving will be surely done in the month of July and its not gonna canceled, so investing in bitcoin at a moment is the best thing to do.

How much did you invest for the halving? And when do you sell it?

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