Bitcoin or gold? - page 451. | Bitcointalksearch.org

mrhelpful

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Quote from: n0ne on March 22, 2016, 10:36:38 AM

Bitcoin is completely based on technology, but the gold is not like that and it has also got historical value. Bitcoin has the highest price than gold but in reality bitcoin has not got the acceptance as gold has got. So bitcoin needs to go long to be near to gold.

Gold maybe is the greatest thing to look at.

But it offers security, bitcoin can be safe as long we dont have price drops significantly. Or else why bother risking to lose then to hold steady of something thats been proven.

upsidedown75

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Quote from: torrentheaven on March 19, 2016, 02:15:56 AM

Quote from: MTBTT on March 19, 2016, 01:13:30 AM

Quote from: Corenin on March 18, 2016, 05:33:03 AM

Looking at the history of both I would choose to invest in gold as I don't want to experiment with my money and my investments, I will play safe and invest into gold.

for history bitcoin was 7 years old then their historynya still very short mate. gold certainly has a better history because they are thousands of years old. we must look at its potential

Yeah the bitcoin holds better potential in compare to gold, and at a moment if you invest in bitcoin then you can expect a better profits in future as price would be higher in future.

But people who will invest in gold will never care about any rumor about gold while in bitcoin people feel fear about its price and with hearing any rumor the readily withdraw their money.

newcoins1978

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Quote from: ronaldinho_07 on March 22, 2016, 07:33:05 AM

Bitcoin as we all expect has a long journey till achieve full potencial,if it will cross the limits from the past,in value.Gold is at full potencial already going up and down ,but i believe it wont go anywhere besides that.Bitcoin has potencial and will be growing slowly ,and its just starting as people are getting into bitcoin now easy then before.

Both are very good. But I think Bitcoin will be more popular in the future, because the world is also getting more digital.
And that is very good for Bitcoin, but you never know what will happen with the value and that is the problem.

n0ne

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Bitcoin is completely based on technology, but the gold is not like that and it has also got historical value. Bitcoin has the highest price than gold but in reality bitcoin has not got the acceptance as gold has got. So bitcoin needs to go long to be near to gold.

ronaldinho_07

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Bitcoin as we all expect has a long journey till achieve full potencial,if it will cross the limits from the past,in value.Gold is at full potencial already going up and down ,but i believe it wont go anywhere besides that.Bitcoin has potencial and will be growing slowly ,and its just starting as people are getting into bitcoin now easy then before.

john2231

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Bitcoin is a disruptive technological protocol in its infancy. It is still in the process of price discovery and as additional layers of interface are added on top of the protocol, the difference will be equivalent to the difference between the internet today and the internet in the 1980's. It is impossible to predict what bitcoin will be like in 10 years, but I expect it will be exponentially more useful (and as such, exponentially more valuable) by then.

MedaR

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Quote from: bryant.coleman on March 20, 2016, 09:05:46 AM

Bitcoin will never be used as a form of money. It will be used as an investment asset. Because, it is more similar to gold and other forms of bullion than the fiat currency. Bitcoin is protected against inflation, due to the controlled supply principle. As a result of this, the value of Bitcoin will increase as time progresses. Who will trade Bitcoins for commodities, if he knows that the value of the Bitcoin is going to increase in the near future?

What will happen if something invented as digital money, becomes investment?
Future of this investment is not so secure as gold this is certain. Bitcoin cannot rise endlessly, for this rise we need more money involving, and more, till someone with big wallet starts a freefall.
At the end of this rides, btc will be used as money i believe.

tn211

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Quote from: haileysantos95 on March 21, 2016, 11:27:21 AM

Gold for the win,as i live in a 3rd world country and so far the are few people who knows bitcoin here than gold so i choose gold as i can easy trade it without the hassle of looking for someone in the street with bitcoin.

I do not use gold because its for a long term and I do not have patience if I'm honest so that is why..
I choose bitcoin because it has a really good future and its also fast earned money you can get from it.

haileysantos95

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Gold for the win,as i live in a 3rd world country and so far the are few people who knows bitcoin here than gold so i choose gold as i can easy trade it without the hassle of looking for someone in the street with bitcoin.

MaritiJames3

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Bitcoin i think has changing rates while gold has stable pricing the longer the time is the higher its price increasing.

You are right but the fact is that with the bitcoin you do not have patience because its profitable on a short term.
If you invest in gold you will have to wait a long time to make real profit.

ronaldinho_07

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Well bitcoin has much more potencial and volatility as any investment option soo for me as i like to invest i will always do it with bitcoin ,gold i have it because well the gifts people usually give when you born almost all are gold.Soo i dont feel interest into gold,because i just dont consider it the best option to invest,even knowing that its a good investment.

fkvidar

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Quote from: phreaky on March 21, 2016, 05:28:26 AM

Quote from: el kaka22 on March 21, 2016, 03:45:05 AM

Quote from: MTBTT on March 19, 2016, 01:13:30 AM

Quote from: Corenin on March 18, 2016, 05:33:03 AM

Looking at the history of both I would choose to invest in gold as I don't want to experiment with my money and my investments, I will play safe and invest into gold.

for history bitcoin was 7 years old then their historynya still very short mate. gold certainly has a better history because they are thousands of years old. we must look at its potential

Gold has more belief and faith by the people to invest in it. But with gold only a rich person who have a large amount of wealth can do trade. Only a little number of people are investing in there.

Gold is now more used. But you can see now that Bitcoin is becoming more popular and that is very good for the future and the world is also becoming more digital.
And that is very good. But the people that understand Bitcoin dont use gold anymore and that is good.

People who have faith in gold will continue to use gold even if the price of bitcoin reaches to the moon, but investing in bitcoin is the best thing to do a moment as you can expect some quick returns.

phreaky

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Quote from: el kaka22 on March 21, 2016, 03:45:05 AM

Quote from: MTBTT on March 19, 2016, 01:13:30 AM

Quote from: Corenin on March 18, 2016, 05:33:03 AM

Looking at the history of both I would choose to invest in gold as I don't want to experiment with my money and my investments, I will play safe and invest into gold.

for history bitcoin was 7 years old then their historynya still very short mate. gold certainly has a better history because they are thousands of years old. we must look at its potential

Gold has more belief and faith by the people to invest in it. But with gold only a rich person who have a large amount of wealth can do trade. Only a little number of people are investing in there.

Gold is now more used. But you can see now that Bitcoin is becoming more popular and that is very good for the future and the world is also becoming more digital.
And that is very good. But the people that understand Bitcoin dont use gold anymore and that is good.

el kaka22

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Quote from: MTBTT on March 19, 2016, 01:13:30 AM

Quote from: Corenin on March 18, 2016, 05:33:03 AM

Looking at the history of both I would choose to invest in gold as I don't want to experiment with my money and my investments, I will play safe and invest into gold.

for history bitcoin was 7 years old then their historynya still very short mate. gold certainly has a better history because they are thousands of years old. we must look at its potential

Gold has more belief and faith by the people to invest in it. But with gold only a rich person who have a large amount of wealth can do trade. Only a little number of people are investing in there.

Yakamoto

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Quote from: yoona on March 20, 2016, 11:40:34 PM

Quote from: bryant.coleman on March 20, 2016, 10:49:55 PM

Quote from: NewInCryptoCurrency on March 20, 2016, 06:24:02 PM

For me the winner is gold. Since gold is the currency which can be trusted more then bitcoin these days.
I guess in 3 years bitcoin will have a place on trusted currencies but not today

Gold has been used as a form of money/asset for the past many thousands of years. And as long as humanity exists, gold will be having some value. But the same can't be said about Bitcoins. What will happen in the future, if some super-computer is created which is capable of cracking all the Bitcoin private keys? BTC will immediately become worthless.

As long as these 'supercomputers' are available to everyone I don't think that will be too much of a problem... Difficulty is just raised when the networks hash raises, so your supercomputer will have an advantage, but they will also be so expensive, that I'm not sure that your point is really valid...

You can basically argue that ASICs are supercomputers anyways, but using an actual supercomputer to mine Bitcoin is definitely something that I would be skeptical about. If mining on full capacity, you'd be generating MASSIVE amounts of heat, upon other issues.

I also highly doubt that someone would make more money from a $1b supercomputer than someone who invests $1b into ASICs.

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Quote from: bryant.coleman on March 20, 2016, 10:49:55 PM

Quote from: NewInCryptoCurrency on March 20, 2016, 06:24:02 PM

For me the winner is gold. Since gold is the currency which can be trusted more then bitcoin these days.
I guess in 3 years bitcoin will have a place on trusted currencies but not today

Gold has been used as a form of money/asset for the past many thousands of years. And as long as humanity exists, gold will be having some value. But the same can't be said about Bitcoins. What will happen in the future, if some super-computer is created which is capable of cracking all the Bitcoin private keys? BTC will immediately become worthless.

As long as these 'supercomputers' are available to everyone I don't think that will be too much of a problem... Difficulty is just raised when the networks hash raises, so your supercomputer will have an advantage, but they will also be so expensive, that I'm not sure that your point is really valid...

bryant.coleman

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Quote from: NewInCryptoCurrency on March 20, 2016, 06:24:02 PM

For me the winner is gold. Since gold is the currency which can be trusted more then bitcoin these days.
I guess in 3 years bitcoin will have a place on trusted currencies but not today

Gold has been used as a form of money/asset for the past many thousands of years. And as long as humanity exists, gold will be having some value. But the same can't be said about Bitcoins. What will happen in the future, if some super-computer is created which is capable of cracking all the Bitcoin private keys? BTC will immediately become worthless.

sirohige

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Quote from: ronaldinho_07 on March 20, 2016, 01:37:36 PM

Well i would invest into gold because the fact i dont wanna it i love bitcoin and dedicated to it .Soo if bitcoin gets better results i will get the same ,i doubt bitcoin will be over,i believe it will keep alive and will become an investment opportunity for the most.

Im sure bitcoin will be over but bitcoin need more time to be over. maybe after 200year bitcoin will be over Roll Eyes

but we can't see it because we can't life more than 100years

NewInCryptoCurrency

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For me the winner is gold. Since gold is the currency which can be trusted more then bitcoin these days.
I guess in 3 years bitcoin will have a place on trusted currencies but not today

gerXhonza

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Quote from: coinplus on March 20, 2016, 02:31:44 PM

Quote from: MTBTT on March 19, 2016, 01:13:30 AM

Quote from: Corenin on March 18, 2016, 05:33:03 AM

Looking at the history of both I would choose to invest in gold as I don't want to experiment with my money and my investments, I will play safe and invest into gold.

for history bitcoin was 7 years old then their historynya still very short mate. gold certainly has a better history because they are thousands of years old. we must look at its potential

But if a person is of the view to start a long term trade then he only will opt for gold while in trading with bitcoin you will not need to give some extra time to earn with that because of its price fluctuation.

Traders will always choose to trade with bitcoin as it is volatile in nature and it gives opportunity to make quick profits, but low risk takers will always choose gold.

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