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Topic: Bitcoin or gold? - page 458. (Read 984457 times)

hero member
Activity: 938
Merit: 1000
March 12, 2016, 08:55:53 AM
I would choose gold over bitcoin as I find gold is more safer  in compare to bitcoins, and the future ob gold is safe while bitcoin is unpredictable, not sure how long it will survive.
legendary
Activity: 3248
Merit: 1070
March 12, 2016, 02:26:58 AM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
of course i will choose gold,i will not take risk by convert all my wealth to something that have not certain future,have no certain price and not acceptable in every place,i will not do that Grin
if you just look at the investment in terms of security I think gold always be the right choice. but it's a big problem that will benefit you can earn in that time I would choose bitcoin. you know within a period of 7 years. bitcoin rose more than 1000%,  compared with gold ?


Gold wasnt worth zero 7 years ago so an unfair comparison.

Lets see if bitcoin is still around in the next 7 years.

well how much gold roses in the first 7 years since it was discovered? i doubt it was 1000% increase

A bit of a stupid comment, how far you going to go back? Egyptians were using gold 5000 bc and it was in use and valued way before that.

Also dont forget that gold is not only valued in USD.

In the last 5 years Gold against various currencies :

Brazilian Real up 95%

Russian Ruble up 123%

Indian Rupee up 33%

South African Rand up 101%

well if you want a fair comparison you must compare them from the beginning

not where one has hunders of year behind and the other only 6 years

one was discovered and it the beginning i'm sure there was not enough interest for it, the same for the second, it was created and everyone ignored it at the beginning

theys hare many similarities, that's why i believe bitcoin can somehow reach an astronomical value in the future, like it happened for gold, but it need time

dunno why poeple expect a 100k value or crazy stuff like that in 5-10 years
legendary
Activity: 2254
Merit: 1043
March 11, 2016, 03:33:27 PM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
of course i will choose gold,i will not take risk by convert all my wealth to something that have not certain future,have no certain price and not acceptable in every place,i will not do that Grin
if you just look at the investment in terms of security I think gold always be the right choice. but it's a big problem that will benefit you can earn in that time I would choose bitcoin. you know within a period of 7 years. bitcoin rose more than 1000%,  compared with gold ?


Gold wasnt worth zero 7 years ago so an unfair comparison.

Lets see if bitcoin is still around in the next 7 years.

well how much gold roses in the first 7 years since it was discovered? i doubt it was 1000% increase

A bit of a stupid comment, how far you going to go back? Egyptians were using gold 5000 bc and it was in use and valued way before that.

Also dont forget that gold is not only valued in USD.

In the last 5 years Gold against various currencies :

Brazilian Real up 95%

Russian Ruble up 123%

Indian Rupee up 33%

South African Rand up 101%
legendary
Activity: 938
Merit: 1000
March 11, 2016, 12:21:28 PM
For keeping my wealth safe, I would prefer gold. For having a chance to multiply my wealth many times, or lose everything, I would pick bitcoin.

Maybe risk all is not the best idea, So

 --> For having a chance to multiply my wealth twice, or lose a lower portion         sounds better.
legendary
Activity: 3248
Merit: 1070
March 11, 2016, 11:18:50 AM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
of course i will choose gold,i will not take risk by convert all my wealth to something that have not certain future,have no certain price and not acceptable in every place,i will not do that Grin
if you just look at the investment in terms of security I think gold always be the right choice. but it's a big problem that will benefit you can earn in that time I would choose bitcoin. you know within a period of 7 years. bitcoin rose more than 1000%,  compared with gold ?


Gold wasnt worth zero 7 years ago so an unfair comparison.

Lets see if bitcoin is still around in the next 7 years.

well how much gold roses in the first 7 years since it was discovered? i doubt it was 1000% increase
legendary
Activity: 2254
Merit: 1043
March 11, 2016, 10:44:46 AM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
of course i will choose gold,i will not take risk by convert all my wealth to something that have not certain future,have no certain price and not acceptable in every place,i will not do that Grin
if you just look at the investment in terms of security I think gold always be the right choice. but it's a big problem that will benefit you can earn in that time I would choose bitcoin. you know within a period of 7 years. bitcoin rose more than 1000%,  compared with gold ?


Gold wasnt worth zero 7 years ago so an unfair comparison.

Lets see if bitcoin is still around in the next 7 years.
legendary
Activity: 1372
Merit: 1008
March 11, 2016, 10:27:18 AM
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
of course i will choose gold,i will not take risk by convert all my wealth to something that have not certain future,have no certain price and not acceptable in every place,i will not do that Grin
if you just look at the investment in terms of security I think gold always be the right choice. but it's a big problem that will benefit you can earn in that time I would choose bitcoin. you know within a period of 7 years. bitcoin rose more than 1000%,  compared with gold ?
hero member
Activity: 616
Merit: 500
March 11, 2016, 10:19:08 AM
Both are very good of course. But people has their own choice to use it and that is very important. I like personally Bitcoin more.
Because it is fun to do and you can make more money with it I think, but then the value must rise and that is important.
yes, you're absolutely right, they're both equally important, select gold if you want to invest in the real world, bitcoin choose if you want to do business on the Internet, I also prefer bitcoin because it has become a habit I am looking for bitcoin  Grin
I think its better to choose bitcoin if you want a fast profit choose bitcoin because the price of bitcoin is not stable not the same as gold.
If you really want to make easy profit just by cheap bitcoin and sell it when the price reach high.. Just like the price today the price is playing around 410-425 and i think if you have 1 bitcoin you can make 10-15 profits.. every time the price is rise and dump..
If you choose gold you should hold it in the long term before you can get high value of gold..
Both are very good of course to use it and that is very good. But some people like Bitcoin more than gold and that is normal.
I personally like Bitcoin more, and of course there are risk. But you can earn some a lot of money with it and that is very good.
hero member
Activity: 518
Merit: 500
March 11, 2016, 10:02:16 AM
I would go for them both because they have both a good future a head in my opinion the gold is very good for a long term, just the fact that its increasing slowly.
The bitcoin has its same but with the opposite affect it will increase very fast at a certain moment.

using them is not a bad idea. both price could go up simultaneously and can provide a profit simultaneously. but do not forget when the dollar strengthens. of course the price of both will decline
tyz
legendary
Activity: 3360
Merit: 1533
March 11, 2016, 06:27:03 AM
Gold has shown its value stability for thousands and thousands of years. I would prefer Gold, too, if I would know that the government could not confiscate it in any ways in hard times. Otherwise, and when I want to keep flexible, I would use/prefer Bitcoin or other crypto coin.

Gold is more secure in my eyes, so I would go for the gold on a long term.
Gold is a primary currency and cannot collapse in my eyes, its almost impossible.
sr. member
Activity: 420
Merit: 250
March 11, 2016, 05:43:34 AM
I will say gold because is more secure investment.
yeah gold is secure imvestment. but You will not benefit more than you invest in bitcoin
so I would prefer bitcoin. because it is more profitable than gold mate
sr. member
Activity: 406
Merit: 250
March 11, 2016, 04:49:47 AM
I would go for them both because they have both a good future a head in my opinion the gold is very good for a long term, just the fact that its increasing slowly.
The bitcoin has its same but with the opposite affect it will increase very fast at a certain moment.
legendary
Activity: 1092
Merit: 1000
March 11, 2016, 01:55:17 AM
Gold is more secure in my eyes, so I would go for the gold on a long term.
Gold is a primary currency and cannot collapse in my eyes, its almost impossible.

Yes, if your a less risk taker than gold should be a good investment option for you. But if you can take some risks than bitcoins will give you good profits in faster compared to gold. I think, we should invest in both instead of only one.
legendary
Activity: 2758
Merit: 1004
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March 11, 2016, 01:36:41 AM
Ill go for bitcoin as its much easy to have than gold in the future we may see that bitcoin will out price gold and will be used in all country.
As for gold only rich can acquire it and its not used by a lot of people.
yes, I also prefer bitcoin than gold, I do not know how to double gold in addition to waiting for the price goes up, in contrast to bitcoin which can be doubled with gambling, investment and trading
hero member
Activity: 658
Merit: 500
March 11, 2016, 01:16:42 AM
Gold is more secure in my eyes, so I would go for the gold on a long term.
Gold is a primary currency and cannot collapse in my eyes, its almost impossible.
gold is only a piece of jewelry that high price. gold not have the requirements to become a currency in contrast with bitcoin.
of course, gold could collapse if investors leave their gold. and gold will just be a mere jewelry
member
Activity: 112
Merit: 10
March 11, 2016, 12:38:08 AM
Ill go for bitcoin as its much easy to have than gold in the future we may see that bitcoin will out price gold and will be used in all country.
As for gold only rich can acquire it and its not used by a lot of people.
sr. member
Activity: 243
Merit: 250
March 10, 2016, 11:21:53 PM
Rate of bitcoins fluctuate a lot but Gold has comparatively much safer rate.
Gold also has very high demand in many Asian countries.
I would go with gold but not convert all my money,just a part of it.
member
Activity: 107
Merit: 10
March 10, 2016, 05:42:06 PM
Gold is more secure in my eyes, so I would go for the gold on a long term.
Gold is a primary currency and cannot collapse in my eyes, its almost impossible.
sr. member
Activity: 462
Merit: 250
March 10, 2016, 03:38:24 PM
I'm going for the bitcoin because it has a really good future if you ask me, the point is also that bitcoin is easy to invest in.
The bitcoin is the future of all currency's
newbie
Activity: 38
Merit: 0
March 10, 2016, 01:30:30 PM
I will say gold because is more secure investment.
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