Bitcoin or gold? - page 455. | Bitcointalksearch.org

blackmachinegun

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Quote from: sallymeeh27 on March 16, 2016, 11:07:28 AM

I would probably choose gold of course which is the highest form of money and exchange all over the globe. The only problem with gold is that it is very hard for us to change it or somehow encash them. This will give you more time to know your limitations and would probably at risk for this is a big money..

yeah you need to go to the store gold exchange. if you carry a lot of gold to the store would be quite difficult. moreover we would be wary of pickpockets or robbers.
bitcoin system offers better than that. You do not need to be complicated to exchange bitcoin Cheesy

Betwrong

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Quote from: ShopemNL on March 17, 2016, 02:22:40 AM

Quote from: Amph on March 17, 2016, 02:20:13 AM

Quote from: markj113 on March 16, 2016, 02:55:06 PM

Quote from: Brzzi on March 16, 2016, 08:36:56 AM

Because you can not create gold. As you can with diamonds and other stuff. All gold on earth was maid long time ago with big temperatures and massive pressure when earth was forming. And thats it. All other things can be created like cryptocurrencies example. So thats why is gold always on top! And will be in my opinion, and it should be.

Actually gold was not created on Earth through high temperatures and pressures.

It was actually created in the center of a star when it went supernova.

so we must assume that in the other solar system there is plenty of gold?

when we get there one day, gold value will most likely to be dumped

But when that happends you already died..

Well, not necessarily. What if one day a big meteorite made of pure gold will hit the earth?

But seriuosly gold is already losing its value. It's just the matter of time for people to realize that wearing golden watches or other golden jewelries is OUT. If gold will be valued only as precious metal and not as jewelry its price will drop dramatically.

Amph

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Quote from: ShopemNL on March 17, 2016, 02:22:40 AM

Quote from: Amph on March 17, 2016, 02:20:13 AM

Quote from: markj113 on March 16, 2016, 02:55:06 PM

Quote from: Brzzi on March 16, 2016, 08:36:56 AM

Because you can not create gold. As you can with diamonds and other stuff. All gold on earth was maid long time ago with big temperatures and massive pressure when earth was forming. And thats it. All other things can be created like cryptocurrencies example. So thats why is gold always on top! And will be in my opinion, and it should be.

Actually gold was not created on Earth through high temperatures and pressures.

It was actually created in the center of a star when it went supernova.

so we must assume that in the other solar system there is plenty of gold?

when we get there one day, gold value will most likely to be dumped

But when that happends you already died..

no really, we can be ready for travel to other solar system in 50 years, with he current technology pacing

ShopemNL

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Quote from: Amph on March 17, 2016, 02:20:13 AM

Quote from: markj113 on March 16, 2016, 02:55:06 PM

Quote from: Brzzi on March 16, 2016, 08:36:56 AM

Because you can not create gold. As you can with diamonds and other stuff. All gold on earth was maid long time ago with big temperatures and massive pressure when earth was forming. And thats it. All other things can be created like cryptocurrencies example. So thats why is gold always on top! And will be in my opinion, and it should be.

Actually gold was not created on Earth through high temperatures and pressures.

It was actually created in the center of a star when it went supernova.

so we must assume that in the other solar system there is plenty of gold?

when we get there one day, gold value will most likely to be dumped

But when that happends you already died..

Amph

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Quote from: markj113 on March 16, 2016, 02:55:06 PM

Quote from: Brzzi on March 16, 2016, 08:36:56 AM

Because you can not create gold. As you can with diamonds and other stuff. All gold on earth was maid long time ago with big temperatures and massive pressure when earth was forming. And thats it. All other things can be created like cryptocurrencies example. So thats why is gold always on top! And will be in my opinion, and it should be.

Actually gold was not created on Earth through high temperatures and pressures.

It was actually created in the center of a star when it went supernova.

so we must assume that in the other solar system there is plenty of gold?

when we get there one day, gold value will most likely to be dumped

Callahan

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Quote from: Blackmet on March 14, 2016, 06:31:31 PM

huge advantage to the gold side is stable price
huge advantage to the bitcoin side is prospects
But my choise is gold, i don't think that btc will cost more then gold (for a long time)

Gold has a very long history of survival during many financial crisis and in this long run gold surely will give a very good profits. But it's prices moves very slow and study so one has to wait for very long time to see some good profits. Bitcoin prices are very volatile and it can move both sides very fast. Every one is just thinking prices may go very high in near future so it is better to invest in both to take the advantages.

bitcoin prices are fluctuate so you can gain more profits for short term investment that you can choose
but for long term, i think gold is the best. that gold prices rise stagnate from time to time

I think people chose gold because they want invest for long term because the price usually stable. not like bitcoin, as you said the prices are fluctuate. It's good for short term investment.

If you choose long term, fluctiation doesnt import

peta4e

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Quote from: sallymeeh27 on March 16, 2016, 11:07:28 AM

I would probably choose gold of course which is the highest form of money and exchange all over the globe. The only problem with gold is that it is very hard for us to change it or somehow encash them. This will give you more time to know your limitations and would probably at risk for this is a big money..

But I think that gold is an better product to invest as the returns are guaranteed in long run but when its really difficult to trust bitcoin as an investment as its a new currency and we are not sure about the future of bitcoins.

markj113

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Quote from: Brzzi on March 16, 2016, 08:36:56 AM

Because you can not create gold. As you can with diamonds and other stuff. All gold on earth was maid long time ago with big temperatures and massive pressure when earth was forming. And thats it. All other things can be created like cryptocurrencies example. So thats why is gold always on top! And will be in my opinion, and it should be.

Actually gold was not created on Earth through high temperatures and pressures.

It was actually created in the center of a star when it went supernova.

shulio

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Quote from: sallymeeh27 on March 16, 2016, 11:07:28 AM

I would probably choose gold of course which is the highest form of money and exchange all over the globe. The only problem with gold is that it is very hard for us to change it or somehow encash them. This will give you more time to know your limitations and would probably at risk for this is a big money..

You are countering your own statement there, as first you are stating that it could exchange all over the world and the second would be that it is hard to cash them out. As far as I can tell, you can always cash in your gold in every country and it is easy to find a gold pawn shop in most cities so at the moment it is much better than bitcoin

sallymeeh27

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I would probably choose gold of course which is the highest form of money and exchange all over the globe. The only problem with gold is that it is very hard for us to change it or somehow encash them. This will give you more time to know your limitations and would probably at risk for this is a big money..

tn211

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The bitcoin is way better in my opinion although the gold also has a good future, you should invest in both.
The bitcoin for a short term for the halving and the gold for a long term because the gold is only profitable on a long term.

romero121

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Quote from: martinacar on March 16, 2016, 10:22:38 AM

I would go for the bitcoin because it has a really good future a head if you ask me, not only that but its also getting bigger everyday so I believe in them for sure.
The bitcoin halving is also coming so we all can make a lot of profit.

I pack based on the market scenario as well the profit. Now at present its better to have bitcoin rather than gold. Gold has its value with more trust than bitcoin just because of its existence. I believe both are mutually needed.

martinacar

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I would go for the bitcoin because it has a really good future a head if you ask me, not only that but its also getting bigger everyday so I believe in them for sure.
The bitcoin halving is also coming so we all can make a lot of profit.

Pollak

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Pollak

Quote from: DeDordtenaar on March 16, 2016, 09:00:36 AM

Quote from: jkrules on March 16, 2016, 01:00:53 AM

Quote from: nln85 on March 15, 2016, 01:20:28 AM

Gold because it has stood the test of time, no matter if empires crumbled or world wars broke out. I like bitcoin, but it's still on the fringe. I hope the price continues to increase.

I would have to say bitcoin all the way... There is much more risk involved, but the potential return is huge. and because Bitcoin is innovative technology

most people can not accept the risk is too great for their investment. so they prefer gold for their invest which offer little benefit to him
only a few people who choose bitcoin. You can see it now

Both is many used. Everyone has their own choice and that is good. But you can see now that Bitcoin will be more popular.
And that is very good. I think gold is for the older generation people. And Bitcoin will be the future.

ronaldinho_07

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Well bitcoin has showed us that even the risk connected to it the reward is making in the most make it worth to try,gold market is normal,there is no big jumps that can make you smile all the week,bitcoin can make it and is making it from the last years after the drop from 1000 to 200 dollars since that moment bitcoin is making all holders smile and able to get the reward they were expecting.

DeDordtenaar

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Quote from: jkrules on March 16, 2016, 01:00:53 AM

Quote from: nln85 on March 15, 2016, 01:20:28 AM

Gold because it has stood the test of time, no matter if empires crumbled or world wars broke out. I like bitcoin, but it's still on the fringe. I hope the price continues to increase.

I would have to say bitcoin all the way... There is much more risk involved, but the potential return is huge. and because Bitcoin is innovative technology

most people can not accept the risk is too great for their investment. so they prefer gold for their invest which offer little benefit to him
only a few people who choose bitcoin. You can see it now

Brzzi

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Because you can not create gold. As you can with diamonds and other stuff. All gold on earth was maid long time ago with big temperatures and massive pressure when earth was forming. And thats it. All other things can be created like cryptocurrencies example. So thats why is gold always on top! And will be in my opinion, and it should be.

Rinder

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IMO Gold has no intrinsic value on it's own. It was used as the standard before, now it's just a different standard - central banking/money printing. The world economy outgrew gold. But to your point, gold has no intrinsic value. it's just a shiny pretty metal. It was used as a standard before, no reason why that should continue indefinitely.

markj113

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Quote from: erwin45hacked on March 16, 2016, 01:04:31 AM

Quote from: CryingMidget on March 16, 2016, 12:53:53 AM

The problem with Gold, as real as it is, is that most people would rather carry around slips of paper that represent gold promises, than the actual gold itself. There's also significant risk in securing/hiding it if you amase any reasonsable amount.

There is something called safe deposits box and people has been saving their gold for years in banks so there is actually no reason to say that it is hard to secure gold bar. It may not be as easy as securing bitcoin however it is still considered safe so far however the problem with gold will be that you cant really use it as a currency

You could just use gold impregnated notes :

http://valaurum.com/buy-aurum/

erwin45hacked

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Quote from: CryingMidget on March 16, 2016, 12:53:53 AM

The problem with Gold, as real as it is, is that most people would rather carry around slips of paper that represent gold promises, than the actual gold itself. There's also significant risk in securing/hiding it if you amase any reasonsable amount.

There is something called safe deposits box and people has been saving their gold for years in banks so there is actually no reason to say that it is hard to secure gold bar. It may not be as easy as securing bitcoin however it is still considered safe so far however the problem with gold will be that you cant really use it as a currency

Topic: Bitcoin or gold? - page 455. (Read 984457 times)