Bitcoin or gold? - page 448. | Bitcointalksearch.org

fkvidar

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Quote from: n0ne on March 30, 2016, 11:25:02 AM

Quote from: Rotator on March 30, 2016, 11:01:18 AM

Quote from: fredashton on March 29, 2016, 10:46:43 AM

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.

Gold is money of rich people it is not important if they are Russians or Chinese..
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.

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Quote from: Rotator on March 30, 2016, 11:01:18 AM

Quote from: fredashton on March 29, 2016, 10:46:43 AM

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.

Gold is money of rich people it is not important if they are Russians or Chinese..
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.

Rotator

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Quote from: fredashton on March 29, 2016, 10:46:43 AM

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.

Gold is money of rich people it is not important if they are Russians or Chinese..
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..

Zeke2345

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If you had invested in oil you would have made a pretty profit when it was low. Oil and gold more than bitcoin in relations.
Gold seems to be in a strange place till we have a more serious threat to worry about like world war.

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Quote from: knowhow on March 29, 2016, 06:59:07 PM

Bitcoin will hit media once again as it achieves again the 600-900 dollars and well we will go into another bubble that media will impulse people to invest at bitcoin the same way happened on the crash from the 1000dollars.Gold were one of the best investments on the last years,but now bitcoin comes with an opportunity to double your investment,something that gold now cant do and its a huge diference between both.

Yeah you right, once the price of bitcoin reach up to $1000 per bitcoin, i'm sure many people will start interested on bitcoin, and it's become more popular like gold.

defined

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Quote from: ajun96 on March 11, 2016, 01:16:42 AM

gold not have the requirements to become a currency in contrast with bitcoin.

Gold has been used as currency for centuries. Gold coins are replaced by paper money now, and people still buy/sell the coins. You can even buy them using bitcoin now.

knowhow

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Bitcoin will hit media once again as it achieves again the 600-900 dollars and well we will go into another bubble that media will impulse people to invest at bitcoin the same way happened on the crash from the 1000dollars.Gold were one of the best investments on the last years,but now bitcoin comes with an opportunity to double your investment,something that gold now cant do and its a huge diference between both.

stromma44

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Quote from: Rotator on March 29, 2016, 10:38:22 AM

Both of these investments are good. Bitcoin is only far far smaller, because money invested in gold is almost
100 times greater i believe. And many people still don't even know what is bitcoin.

That's the problem that bitcoin is facing at a moment as many people are not aware about it, and without knowing completely people will never invest their money into it.

fredashton

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Quote from: Rotator on March 29, 2016, 10:38:22 AM

Both of these investments are good. Bitcoin is only far far smaller, because money invested in gold is almost
100 times greater i believe. And many people still don't even know what is bitcoin.

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.

Rotator

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Both of these investments are good. Bitcoin is only far far smaller, because money invested in gold is almost
100 times greater i believe. And many people still don't even know what is bitcoin.

torrentheaven

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Quote from: cazkooo on March 29, 2016, 12:42:24 AM

Quote from: markj113 on March 25, 2016, 03:35:58 PM

I find quite amusing that people here keep spouting off that gold is dying and bitcoin is taking over.

I have no emotional attachment to any investment but these guys are 100% crypto focused geeks that have no idea of the larger world.

You have to realise that -

a) Bitcoin is a gamble, nothing more nothing less. Great to invest a small portion of your wealth in.

I find it amusing as well that you keep on being here instead on in some other forum which mainly talks about gold. Bitcoin is a niche right now however things could always change in the future so there is no point in dictating people's point of view of bitcoin. Some people think its the new gold while some dont, nothing wrong with it

Yes people will invest according to their choice and their comfort level, but its always better to invest in both products as both have a great potential to grow in future.

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Quote from: markj113 on March 25, 2016, 03:35:58 PM

I find quite amusing that people here keep spouting off that gold is dying and bitcoin is taking over.

I have no emotional attachment to any investment but these guys are 100% crypto focused geeks that have no idea of the larger world.

You have to realise that -

a) Bitcoin is a gamble, nothing more nothing less. Great to invest a small portion of your wealth in.

I find it amusing as well that you keep on being here instead on in some other forum which mainly talks about gold. Bitcoin is a niche right now however things could always change in the future so there is no point in dictating people's point of view of bitcoin. Some people think its the new gold while some dont, nothing wrong with it

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Quote from: knowhow on March 28, 2016, 08:39:18 PM

Well thats a huge resume you made there lol,you had conviced me but ,what is the minimum ammount of gold we can purchaes online?Bitcoin i believe its a portion and we can buy anytime without to show identy i believe gold owners must pay to someone to hold the gold as some extra fee.

yeah, but I think the gold price will probably always stable in comparison with bitcoin. but I personally prefer the bitcoin than gold. bitcoin very easily obtained online and with a relaxed, but gold, requires hard work to get

Scream

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Quote from: knowhow on March 28, 2016, 08:39:18 PM

Well thats a huge resume you made there lol,you had conviced me but ,what is the minimum ammount of gold we can purchaes online?Bitcoin i believe its a portion and we can buy anytime without to show identy i believe gold owners must pay to someone to hold the gold as some extra fee.

+1
agree it, bitcoin trade is more simple, more easily to trade, send, receive, also we can hold it on our wallet without pay tax etc.

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Quote from: kenot21 on March 28, 2016, 09:17:27 PM

i'd prefer both. Bitcoins are just for transaction and gambling, it's good for fast transaction. Gold are good for storing, the price is always high. It will always exist in the future, and i think it won't be gone.

The price for 1 bitcoin is also high imo, and bitcoin can do anything same as fiat do and Gold can't do that. Like to buy something in online and for gambling. Is gold can be use it for gambling like on dice sites ? Cheesy

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kenot21

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i'd prefer both. Bitcoins are just for transaction and gambling, it's good for fast transaction. Gold are good for storing, the price is always high. It will always exist in the future, and i think it won't be gone.

STT

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Quote from: expert4knowledge on March 28, 2016, 02:56:42 PM

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

Quote

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

knowhow

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Well thats a huge resume you made there lol,you had conviced me but ,what is the minimum ammount of gold we can purchaes online?Bitcoin i believe its a portion and we can buy anytime without to show identy i believe gold owners must pay to someone to hold the gold as some extra fee.

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Quote from: ReLoad on March 28, 2016, 03:38:33 PM

Gold, Silver & Palladium, That's where its at in the precious elements game.

though you cant earn a lot of money with that in my opinion because the price doesnt fluctuate so fast

with bitcoin you can earn a lot of money in small time so i think its the best investment option right now

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