Due to the our current global financial problems both ways are good for investment.
Gold stays stable. Looking deeper, you will see countries like Russia or China are storing more n more Gold.
I'd follow this trend. We are moving more n more to a world of virtuel currency.
Topic: Bitcoin or gold? - page 447. (Read 984457 times)
Both is very profitable in terms of investments but bitcoin has more potential of earning than gold.
Bitcoin is very good in long term investment which had no exact value expecting to grow every year too.
Bitcoin is very good in long term investment which had no exact value expecting to grow every year too.
For long-term investment i would choose invest with gold because surely gold prices will go up over the time.
This reminds me of what people used to say about Real Estate before 08...
Economics rule #1: NOTHING will surely go up.
Bitcoin is now more valuable than gold bitcoins price are exploding to sky than gold now.
I will choose bitcoin no matter what happen bitcoin is bitcoin its have no stable value unlike gold.
I will choose bitcoin no matter what happen bitcoin is bitcoin its have no stable value unlike gold.
For long-term investment i would choose invest with gold because surely gold prices will go up over the time.
The fact that bitcoin is so new makes it hard to pick it in such a two-choice game IMO, gold has existed from many years and it's value although not that stable is still approved by most people and therefore gains value, Bitcoin is new and has not completed 10 years yet and does not have that much of mainstream adoption yet.
the harder truth to swallow pride would be after its noticed.
how much of the #`s really add up to being adopted and stay as adopted then being a 1 time thing.
but yeah knowing theres better security options gold ftw.
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Gold's 16.1% surge in Q1 2016 ias the best start to a year since 1974. Overall, this is the best quarter since Q3 1986 and is the best performing major commodity of the year. Gold rallied this year as it cemented its status as a store of value amid financial market turbulence and concern about the global economy, which led to speculation that the Federal Reserve would pause on tightening monetary policy in the U.S. Having seen BlackRock's gold ETF halted due to inability to meet physical demand, it appears pet rocks and barbarous relics are 'worth' something after all.
Bitcoin will be my choice because bitcoin has many ways to gain it like doing micro tasking and doing freelance while in gold i cant find any work that would pay me by gold.
Bitcoin market cap is often compared to gold. But how about oil? The total value of all bitcoins is worth only 2 days of oil production. Not much at all! It is also worth two days of "quantitative easing" in Europe. If Bitcoin ever becomes mainstream, it can go up 1000+ times.
Yes, but comparing the age of each of them you can compare them to bitcoin and see it can have good future. But not as giant as gold. Well, thanks for your comprehensive response. I agree with most of them. Although I doubt if they try to imprison people who own bitcoin.
This is not a theoretical future event, its already the case that people have placed in prison for using or mining bitcoin. I read this was the case in Venezuela though it could be misinformation, I think its quite likely as the government has a giant fiscal deficit thanks to low oil price and is making up the difference in new money. Also there is precedent in similar cases of a government struggling to maintain its monopoly over transactional currency, inflation is a form of tax not understood by populations. The USA devaluation of gold was a form of taxation, it formed the start of big government spending as the biggest benefactor was the largest holder of gold which is US gov at that time
Now BTC which is not held or controlled is a natural opposition to currency controls as we saw in China also
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Gold, Silver & Palladium,
Palladium is mostly related to Car exhaust usage as a fume filter so it is industrial and also mostly mined in Russia. Silver is also industrial and a bi-product of lead and other metals mined. Only gold is fairly unique in its usage as precious metal only
Bitcoin is what people prefer for its many uses in todays life,you can send money from around the world,buy thing online and investing has never been easy with bitcoin.
Bitcoin market cap is often compared to gold. But how about oil? The total value of all bitcoins is worth only 2 days of oil production. Not much at all! It is also worth two days of "quantitative easing" in Europe. If Bitcoin ever becomes mainstream, it can go up 1000+ times.
We really don't know that bitcoin will survive that long or not as its always risky to invest in bitcoin, So I would prefer to invest in gold to have a stable profits in future.
Bitcoin has survive the early stages and the price has gone up drastically since it first started, if it can handle the early stages then there is no way that it could have been dead . The worst possible case will be that it will never improve anymore and the price wont increase however being dead is another story
gold would be the safe bet and bitcoin the risky. With gold having had thousands of years of maintained value and bitcoin being a few years old and extremely volatile.
with the risk comes reward. if you don't take any risks then you can never earn any profits.
the stability of gold price makes it harder to make any profit from it while bitcoin's volatility makes it a very good option for making big profits.
absolutely correct, because bitcoins are a better way of making money if we know when to enter and exit the markets, whilst gold does not give any such huge opportunities based on slow paced trading being done, and it is because it takes a lot of volume to take gold either up or down, but in bitcoins, it does not.
Putin and china believes in gold and they are massing all the gold they can get while we the techy ones are going for bitcoin.
Bitcoin will match up with gold someday and we just have to wait for it.
They are controlling majority of reserves through their funds and banks. They are masters of this world. Through history you can find only evidences how gold is important. Bitcoin is far far away..
Far away bit it has proved it has the ability to last long with its technology which has reached a historical position in a very short time of 7 years which is not at all possible with any other country.
No doubt bitcoin has reached to a historical position in last few years but where its gonna land in future that on one know and that is the reason its having less investors.
Look at the very beginning of Bitcoin when it was only worth a few bucks. People that bought themself a large postion in Bitcoin for a very low amount are now millionaires. They know how to spot great things with high future potential. Right now there are indeed not that many people who are actually invested in Bitcoin, that's why it has a small market cap. However, that offers great investment options. Buy when you have the chance to enter the market at a great time. Don't wait. You will get rewarded for all your effort.
We really don't know that bitcoin will survive that long or not as its always risky to invest in bitcoin, So I would prefer to invest in gold to have a stable profits in future.
Bitcoin has survive the early stages and the price has gone up drastically since it first started, if it can handle the early stages then there is no way that it could have been dead . The worst possible case will be that it will never improve anymore and the price wont increase however being dead is another story
gold would be the safe bet and bitcoin the risky. With gold having had thousands of years of maintained value and bitcoin being a few years old and extremely volatile.
with the risk comes reward. if you don't take any risks then you can never earn any profits.
the stability of gold price makes it harder to make any profit from it while bitcoin's volatility makes it a very good option for making big profits.
I believe that as gold gets rarer I would want to have some as part of my portfolio but I also would like to hold bitcoin as for liquidity purposes it is easier to exchange it to other assets fast, plus I believe in the new technology and what it can offer Mankind in general over the next few decades. So a bit of both would be wise to hold at this present time.
We really don't know that bitcoin will survive that long or not as its always risky to invest in bitcoin, So I would prefer to invest in gold to have a stable profits in future.
Bitcoin has survive the early stages and the price has gone up drastically since it first started, if it can handle the early stages then there is no way that it could have been dead . The worst possible case will be that it will never improve anymore and the price wont increase however being dead is another story
gold would be the safe bet and bitcoin the risky. With gold having had thousands of years of maintained value and bitcoin being a few years old and extremely volatile.
with the risk comes reward. if you don't take any risks then you can never earn any profits.
the stability of gold price makes it harder to make any profit from it while bitcoin's volatility makes it a very good option for making big profits.
We really don't know that bitcoin will survive that long or not as its always risky to invest in bitcoin, So I would prefer to invest in gold to have a stable profits in future.
Bitcoin has survive the early stages and the price has gone up drastically since it first started, if it can handle the early stages then there is no way that it could have been dead . The worst possible case will be that it will never improve anymore and the price wont increase however being dead is another story
gold would be the safe bet and bitcoin the risky. With gold having had thousands of years of maintained value and bitcoin being a few years old and extremely volatile.
We really don't know that bitcoin will survive that long or not as its always risky to invest in bitcoin, So I would prefer to invest in gold to have a stable profits in future.
Bitcoin has survive the early stages and the price has gone up drastically since it first started, if it can handle the early stages then there is no way that it could have been dead . The worst possible case will be that it will never improve anymore and the price wont increase however being dead is another story
yeah if we ceck the history bitcoin has reach more than 1000% , from 10cent to $1000 that's why some people says bitcoin is magic currency. i think we can reach $1000 again soon.
We really don't know that bitcoin will survive that long or not as its always risky to invest in bitcoin, So I would prefer to invest in gold to have a stable profits in future.
Bitcoin has survive the early stages and the price has gone up drastically since it first started, if it can handle the early stages then there is no way that it could have been dead . The worst possible case will be that it will never improve anymore and the price wont increase however being dead is another story
The fact that bitcoin is so new makes it hard to pick it in such a two-choice game IMO, gold has existed from many years and it's value although not that stable is still approved by most people and therefore gains value, Bitcoin is new and has not completed 10 years yet and does not have that much of mainstream adoption yet.
I would invest in both. Bitcoin, in my opinion, is more likely to gain a larger amount of value over the next 10 years, but is also a much riskier investment than gold, for obvious reasons.
We really don't know that bitcoin will survive that long or not as its always risky to invest in bitcoin, So I would prefer to invest in gold to have a stable profits in future.
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