Bitcoin or gold? - page 429. | Bitcointalksearch.org

Embroiderymate

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Quote from: agustina2 on May 05, 2016, 10:57:23 AM

Quote from: Digital_Lord on May 05, 2016, 10:48:43 AM

Quote from: phreaky on May 04, 2016, 06:29:17 AM

I would really go for the bitcoin because of the patience you need with gold, I do not want to wait for such a long time to make profit.

patience is obvious for both. if Gold need more patience it is also have more profit then bitcoin. you can sell gold also for less profit if you can't wait. and if you hold bitcoin for long time you also get more profit. so I think both are equally important and have advantages.

Agree. And besides when taking profit for both gold and bitcoin we don't need to wait for that long. It's just a matter of take profits and don't be greedy when you sees profit because sometimes the output you like is not what exactly that will happened.

True the secound bitcoin gets a real value people will mass dump and maybe kill it.

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Quote from: Digital_Lord on May 05, 2016, 10:48:43 AM

Quote from: phreaky on May 04, 2016, 06:29:17 AM

I would really go for the bitcoin because of the patience you need with gold, I do not want to wait for such a long time to make profit.

patience is obvious for both. if Gold need more patience it is also have more profit then bitcoin. you can sell gold also for less profit if you can't wait. and if you hold bitcoin for long time you also get more profit. so I think both are equally important and have advantages.

Agree. And besides when taking profit for both gold and bitcoin we don't need to wait for that long. It's just a matter of take profits and don't be greedy when you sees profit because sometimes the output you like is not what exactly that will happened.

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Quote from: phreaky on May 04, 2016, 06:29:17 AM

I would really go for the bitcoin because of the patience you need with gold, I do not want to wait for such a long time to make profit.

patience is obvious for both. if Gold need more patience it is also have more profit then bitcoin. you can sell gold also for less profit if you can't wait. and if you hold bitcoin for long time you also get more profit. so I think both are equally important and have advantages.

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Depends what you want. You can make more profit with Bitcoin of course but the volatility is much higher. When you want to have a save habour with less volatility then Gold should be your choice, otherwise Bitcoin.

Quote from: romero121 on May 05, 2016, 01:24:07 AM

Quote from: phreaky on May 04, 2016, 06:29:17 AM

I would really go for the bitcoin because of the patience you need with gold, I do not want to wait for such a long time to make profit.

Well said. With gold waiting with patience will give you a very small profit, but if bitcoin is in the rising side then with the same time of patience you'll earn a minimum of 5times the profit got from gold.

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Quote from: 27QVUTZj8rgZP1 on May 05, 2016, 10:10:33 AM

Quote from: tkbx on March 09, 2014, 01:21:54 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.

Gold.

Why?

1.It has practical uses.
2.Bars are beautiful and pleasant to the eye.
3.It is guaranteed I can sell later, it is not something that may crash overnight.

Gold is most trusted product across the globe and it has maximum number of satisfied customers and it will enjoy that monopoly in future too.

Stack23

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I think Bitcoin better

27QVUTZj8rgZP1

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Quote from: tkbx on March 09, 2014, 01:21:54 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.

Gold.

Why?

1.It has practical uses.
2.Bars are beautiful and pleasant to the eye.
3.It is guaranteed I can sell later, it is not something that may crash overnight.

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Quote from: rio3233 on May 05, 2016, 08:17:13 AM

I pick both gold and bitcoin because i think this both things have their own advantage. I pick gold because it's good for long investment and i pick bitcoin because it's have a good price.

Yes they have their own advantage and uses. But we all know that having gold is almost the same as having bitcoin because they have the same character of appreciating its price the longer it moves.

umaOuma

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Quote from: rio3233 on May 05, 2016, 08:17:13 AM

I pick both gold and bitcoin because i think this both things have their own advantage. I pick gold because it's good for long investment and i pick bitcoin because it's have a good price.

If you diversify your investments then you are also diversifying your risks too, as any one of the product will give you good returns in future.

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I pick both gold and bitcoin because i think this both things have their own advantage. I pick gold because it's good for long investment and i pick bitcoin because it's have a good price.

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Quote from: picolo on May 05, 2016, 07:03:11 AM

Quote from: mark coins on May 04, 2016, 06:31:31 AM

Quote from: phreaky on May 04, 2016, 06:29:17 AM

I would really go for the bitcoin because of the patience you need with gold, I do not want to wait for such a long time to make profit.

Exactly and that is the reason why people choose bitcoin as it helps in achieving profits in short time and people who wants quick money will always choose bitcoin over gold.

Bitcoin is a great investment but it looks like a more risky investment than gold since gold is very used and valuabled for many industries and has been a mean of investment and commerce for thousands of years.

The gold once will break the 2000$ mark only months after the dollar plunges then it should go much higher. My prediction is more than 2500$ in 2020 when it is less than 1300$ today.

The potential growth of gold is much lower than the potential growth of Bitcoin.

Let's say that gold will double in value after 10 years, which is a very high price that most likely can't be maintained for long.

Bitcoin can go beyond $5000 after 10 years, if not higher. Just look at how many people don't even know what Bitcoin is.

That shows that there is a massive amount of potential profit that can be earned with Bitcoin.

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Quote from: mark coins on May 04, 2016, 06:31:31 AM

Quote from: phreaky on May 04, 2016, 06:29:17 AM

I would really go for the bitcoin because of the patience you need with gold, I do not want to wait for such a long time to make profit.

Exactly and that is the reason why people choose bitcoin as it helps in achieving profits in short time and people who wants quick money will always choose bitcoin over gold.

Bitcoin is a great investment but it looks like a more risky investment than gold since gold is very used and valuabled for many industries and has been a mean of investment and commerce for thousands of years.

The gold once will break the 2000$ mark only months after the dollar plunges then it should go much higher. My prediction is more than 2500$ in 2020 when it is less than 1300$ today.

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I'd like to have both, but gold seems too expensive, and you can't just buy gold that easily. Maybe when I have enough BTC and the price is almost the same as gold, I might be tempted to trade. Would be nice to be able to trade BTC with gold.

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Quote from: phreaky on May 04, 2016, 06:29:17 AM

I would really go for the bitcoin because of the patience you need with gold, I do not want to wait for such a long time to make profit.

Yes, with gold we have to wait for a much longer time in order to earn some profit, it is true that gold price is more reliable and is stable from centuries but with bitcoin if we have some good knowledge about that we can earn a big profit from that within a few months, and the other thing is that for the few years no one can predict that the price will decrease but everyone is sure that the price will increase continuously.

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Quote from: romero121 on May 05, 2016, 01:24:07 AM

Quote from: phreaky on May 04, 2016, 06:29:17 AM

I would really go for the bitcoin because of the patience you need with gold, I do not want to wait for such a long time to make profit.

Well said. With gold waiting with patience will give you a very small profit, but if bitcoin is in the rising side then with the same time of patience you'll earn a minimum of 5times the profit got from gold.

Investing in bitcoin is a smart move to make as it allows to make quick profits which is missing in gold, and gold will surely taste your patience in long run.

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Also nice when you have had gold holding. But the case is it was just so expensive to buy gold. Better to have bitcoin for me because I can not even make one gold easily and I cannot mine, unlike bitcoin we can mine it. Cheesy

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Quote from: phreaky on May 04, 2016, 06:29:17 AM

I would really go for the bitcoin because of the patience you need with gold, I do not want to wait for such a long time to make profit.

Well said. With gold waiting with patience will give you a very small profit, but if bitcoin is in the rising side then with the same time of patience you'll earn a minimum of 5times the profit got from gold.

goinmerry

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Quote from: boyptc on May 04, 2016, 01:52:03 AM

Quote from: goinmerry on May 04, 2016, 01:38:15 AM

The really sad thing when you are owning a lot of gold is the government will keep an eye on you. And if it is announced by media you are in the risk of being questioned on how you got it or where you got it.

The real opposite of bitcoin where you are free.

That's the sad reality if you are holding a lot of gold. They will do something against to you so that they can get your golds.
So must better to use bitcoin than gold because government is still not recognizing bitcoin to become universal currency
in the world.

They might even take you down for owning some gold. Even those greedy sharks will do something to get into you just to make you see that when you own gold they own you too. Kind of too hard but that is reality.

Plus wearing gold makes you prone to robbery.

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Quote from: goinmerry on May 04, 2016, 01:38:15 AM

The really sad thing when you are owning a lot of gold is the government will keep an eye on you. And if it is announced by media you are in the risk of being questioned on how you got it or where you got it.

The real opposite of bitcoin where you are free.

because bitcoin not familiar as gold, in future if bitcoin booming and everyone know and use bitcoin, all media interesting to make news about bitcoin, you will get same Question too Roll Eyes

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Quote from: mark coins on May 04, 2016, 06:31:31 AM

Quote from: phreaky on May 04, 2016, 06:29:17 AM

I would really go for the bitcoin because of the patience you need with gold, I do not want to wait for such a long time to make profit.

Exactly and that is the reason why people choose bitcoin as it helps in achieving profits in short time and people who wants quick money will always choose bitcoin over gold.

As you can see now you see that Bitcoin is getting more used and that is because Bitcoin is also getting more acceptable so that would be perfect for the currency.
Gold is a currency and that is strong now but the bad thing is that you cant use it online and that is bad.

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