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Topic: Bitcoin or gold? - page 434. (Read 984448 times)

full member
Activity: 196
Merit: 100
May 01, 2016, 03:10:19 AM
And gold and Bitcoin! Diversification!
Just in case you need to have this and that. With gold all know, everyone knows what it is, these are the majority. Bitcoin is still evolving, until it came to all, and nobody knows what will happen to him, the sooner Halving.
legendary
Activity: 3752
Merit: 1217
April 30, 2016, 02:39:39 PM
I can not find the graph that shows dollar, gold and stock for a century. Gold beats cash but shares beat gold.

You can't compare shares directly with gold or cash, because there were very few stocks in 1900, and almost none of the stocks of that era are being traded now. That said, you can make a comparison between gold and USD. Check this graph:

http://www.nma.org/pdf/gold/his_gold_prices.pdf

In 1900, gold was worth $18.96 per Oz. Right now, it is worth some $1,294 per Oz. That represents an increase of 6,725% in value, in terms of USD.

The purchasing power of USD has declined by 97% since 1900 (almost 33 times). On the other hand, the purchasing power of gold has increased by 105% (more than two times).

member
Activity: 70
Merit: 10
April 30, 2016, 07:43:12 AM
Bitcoin needs a little bit more popularity among the common people.

 I think it's only people like us who have computer know-how realize its potential for now.
legendary
Activity: 2254
Merit: 1043
April 30, 2016, 07:34:54 AM
It depends on the QE. If that QE will continue, the gold bull market will start early and go much longer.

Why would QE stop?

Has the world economy been saved and all the financial problems and debt been sorted?

hero member
Activity: 532
Merit: 500
April 30, 2016, 07:32:39 AM
I would go for the gold because with the gold one you can make a lot more dollars if you do it for a long term.
If you use the bitcoin you can gain a lot more profit on a short term than gold, so it both has advantages.
Gold is a hedge against inflation on the long term, nothing more than that.


I can not find the graph that shows dollar, gold and stock for a century. Gold beats cash but shares beat gold.


http://www.zerohedge.com/news/2016-04-29/few-facts-about-gold-nay-sayers-conveniently-ignore

Most people now agree that gold is about to enter another bull market with large upside.

It depends on the QE. If that QE will continue, the gold bull market will start early and go much longer.
legendary
Activity: 2254
Merit: 1043
April 30, 2016, 05:54:57 AM
I would go for the gold because with the gold one you can make a lot more dollars if you do it for a long term.
If you use the bitcoin you can gain a lot more profit on a short term than gold, so it both has advantages.
Gold is a hedge against inflation on the long term, nothing more than that.


I can not find the graph that shows dollar, gold and stock for a century. Gold beats cash but shares beat gold.


http://www.zerohedge.com/news/2016-04-29/few-facts-about-gold-nay-sayers-conveniently-ignore

Most people now agree that gold is about to enter another bull market with large upside.
legendary
Activity: 2380
Merit: 1026
April 30, 2016, 05:23:17 AM
so what if gold has a long life? whether it can give you a guarantee for a big profit? I know bitcoin is still too young . but the potential of bitcoin can not be doubted dude ? and you know it.
why not choose bitcoin which gives you many advantages? what you're going to choose in the safe zone?
Gold is proven good investment, and in times of turmoil and chaos it's always good to have it. Bitcoin is still young and it is still way behind precious metals. Dont expect tha people will adopted him like a gold, but over time maybe becomes more stable, wich would be best for bitcoin.
hero member
Activity: 658
Merit: 500
April 30, 2016, 05:10:50 AM
Gold can be good but I think the bitcoin is better because the fact is that with the bitcoin you can make money(profit) and you can spend it, you cannot just spend gold in a store so that is why I think the bitcoin has a advantage.
I do not doubt the prospects for bitcoin but for gold there are millennia of human history so I still prefer gold.
so what if gold has a long life? whether it can give you a guarantee for a big profit? I know bitcoin is still too young . but the potential of bitcoin can not be doubted dude ? and you know it.
why not choose bitcoin which gives you many advantages? what you're going to choose in the safe zone?
hero member
Activity: 574
Merit: 500
April 30, 2016, 04:21:12 AM
I would go for the gold because with the gold one you can make a lot more dollars if you do it for a long term.
If you use the bitcoin you can gain a lot more profit on a short term than gold, so it both has advantages.
Gold is a hedge against inflation on the long term, nothing more than that.


I can not find the graph that shows dollar, gold and stock for a century. Gold beats cash but shares beat gold.
legendary
Activity: 2142
Merit: 1012
April 29, 2016, 06:32:01 PM
Gold can be good but I think the bitcoin is better because the fact is that with the bitcoin you can make money(profit) and you can spend it, you cannot just spend gold in a store so that is why I think the bitcoin has a advantage.
I do not doubt the prospects for bitcoin but for gold there are millennia of human history so I still prefer gold.
xht
sr. member
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
April 29, 2016, 06:31:25 PM
...

BOTH BTC and gold have done very well over the past few days.

I read that the GOLD MINERS are up 100% (average) so far in 2016.  As a speculation, that has been at least as good as Bitcoin in 2016.*

I would suggest (and already do) HODL both.  Diversification is a good thing as no one can predict the future.



* That outperformance will likely not last.  Gold miners != gold.

I think its a good idea to own both, but that's all, more diversification beyond bitcoin and gold is in my book a waste of money. But if you want to get rich, you can't play safe, you gotta go all in, and the only thing that can make you rich in the following 5 years is Bitcoin. With gold you are not going to get any relevant gains, now Bitcoin marketcap is tiny and can easily make you rich in 5 years if you invest hard now.

Gold can never be a waste of money, look at the history and you will find your answers, its always safe to invest in gold as the life of bitcoin holds a big question mark.
I think investing in very safe to say bitcoin bitcoin can already be compared with gold, as an investment that promises huge profits.
copper member
Activity: 2562
Merit: 2510
Spear the bees
April 29, 2016, 06:14:20 PM
...

BOTH BTC and gold have done very well over the past few days.

I read that the GOLD MINERS are up 100% (average) so far in 2016.  As a speculation, that has been at least as good as Bitcoin in 2016.*

I would suggest (and already do) HODL both.  Diversification is a good thing as no one can predict the future.



* That outperformance will likely not last.  Gold miners != gold.

I think its a good idea to own both, but that's all, more diversification beyond bitcoin and gold is in my book a waste of money. But if you want to get rich, you can't play safe, you gotta go all in, and the only thing that can make you rich in the following 5 years is Bitcoin. With gold you are not going to get any relevant gains, now Bitcoin marketcap is tiny and can easily make you rich in 5 years if you invest hard now.

You do want to be rich. That's true. Greedy nature makes us that way, and that's why gambling is so popular. However, entrusting all your money into one source is bound to lead to trouble eventually. I bet even you don't follow your advice of going all in with bitcoin. Why not sell everything and turn it into bitcoins? If you did that a couple weeks ago, you would see a significant increase! But you didn't do that. You didn't go all in. You diversified your assets and played safely.

'Tis one thing to grant advice, but 'tis another to follow it.
hero member
Activity: 778
Merit: 500
April 29, 2016, 05:22:52 PM
The bitcoin price will rises faster than the gold. It is price will be more than $1500 later next year.

Indeed I also think this and because of this we would be better of by buying the bitcoin than gold because with gold you need to wait a long time before you will make profit for sure.

Gold is also good but you need patience, to be honest I have them both one is for a short term and one for a long term.
I have the short for the bitcoin and the long for the gold right now.

Gold can be good but I think the bitcoin is better because the fact is that with the bitcoin you can make money(profit) and you can spend it, you cannot just spend gold in a store so that is why I think the bitcoin has a advantage.
sr. member
Activity: 448
Merit: 250
April 29, 2016, 04:18:06 PM
The bitcoin price will rises faster than the gold. It is price will be more than $1500 later next year.

Indeed I also think this and because of this we would be better of by buying the bitcoin than gold because with gold you need to wait a long time before you will make profit for sure.

Gold is also good but you need patience, to be honest I have them both one is for a short term and one for a long term.
I have the short for the bitcoin and the long for the gold right now.
sr. member
Activity: 434
Merit: 250
April 29, 2016, 04:16:02 PM
The bitcoin price will rises faster than the gold. It is price will be more than $1500 later next year.

Indeed I also think this and because of this we would be better of by buying the bitcoin than gold because with gold you need to wait a long time before you will make profit for sure.
sr. member
Activity: 327
Merit: 250
April 29, 2016, 02:29:33 PM
The bitcoin price will rises faster than the gold. It is price will be more than $1500 later next year.
sr. member
Activity: 322
Merit: 250
April 29, 2016, 11:42:46 AM
If the basis is at history and physical appearance i go for the gold. And if the basis is in the price and the oppurtunity to earn is go for the bitcoin but why you comparing the bitcoin to gold? Because we are here in bitcointalk so ithink bitcoin is the best.

It just means that they have different purposes and function. We can't just say gold is the best because it's really different in bitcoin. Gold is a precious metal and bitcoin is a currency. I agree with you, i still prefer on bitcoin for fast profit and that's why were here.
Bitcoin will longer exist and as you can see now you see also that the value of Bitcoin is rising slowly now so that is quite perfect.
But another thing is that you can use Bitcoin for a online payment method and that is not possible for gold.
Both are a very strong currency so gold will also long exist in the future and that is because it will be still used by many people and that is quite nice for gold itself.
But as you can see now you see also that Bitcoin is getting more used and more acceptable so that is also nice for Bitcoin.
sr. member
Activity: 406
Merit: 250
April 29, 2016, 09:54:01 AM
I prefer the bitcoin because the bitcoin is way more profitable for me than the gold, I like short investments so that is also why I'm using the bitcoin more than gold..
sr. member
Activity: 269
Merit: 250
April 29, 2016, 08:13:23 AM
If the basis is at history and physical appearance i go for the gold. And if the basis is in the price and the oppurtunity to earn is go for the bitcoin but why you comparing the bitcoin to gold? Because we are here in bitcointalk so ithink bitcoin is the best.

It just means that they have different purposes and function. We can't just say gold is the best because it's really different in bitcoin. Gold is a precious metal and bitcoin is a currency. I agree with you, i still prefer on bitcoin for fast profit and that's why were here.
Bitcoin will longer exist and as you can see now you see also that the value of Bitcoin is rising slowly now so that is quite perfect.
But another thing is that you can use Bitcoin for a online payment method and that is not possible for gold.
full member
Activity: 126
Merit: 100
April 29, 2016, 03:18:47 AM
There are chances that bitcoin prices might drop but I don't think gold will not drop like BTC. Maybe gold could be a ROM like yovi?  Grin

Whenever the gold price dropped, it only drops to a little amount and when it rises, it reaches the sky.
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