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Topic: Bitcoin or gold? - page 465. (Read 984547 times)

legendary
Activity: 2254
Merit: 1043
February 28, 2016, 02:14:14 PM
people will always need oil and gold and the oil price drop is a blip and will not last too long.

Until a few years ago bitcoin did not even exist, so which is easiest to replace and forget.
hero member
Activity: 546
Merit: 500
February 28, 2016, 01:58:31 PM
Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.
Essentially, you can use gold to invest in a long time, because gold is always valuable, but if you want to try to do business, then bitcoin is better than gold, because it is so much choice in doubling the bitcoin. I prefer bitcoin than gold today

sure gold always valuable..? can you explain about supply of gold ?
we must invest at bitcoin where bitcoin have block halving system to control bitcoin supply
yeah, you only can get gold from mining underground.
and the gold supply isn't unlimited like bitcoin, so that's why the gold will be a good choice to invest long time

Yes investing in gold is a very good idea for long term but investing in bitcoin is worth risk taking if everything goes well you can earn a lot in bitcoin

Well both are quite risky. Remember OIL? Nobody expected it go this low ever.
And look now. The financial world just kicked it out, like it was nothing. The same applies for bitcoin and gold.
sr. member
Activity: 623
Merit: 262
February 28, 2016, 01:50:35 PM
Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.
Essentially, you can use gold to invest in a long time, because gold is always valuable, but if you want to try to do business, then bitcoin is better than gold, because it is so much choice in doubling the bitcoin. I prefer bitcoin than gold today

sure gold always valuable..? can you explain about supply of gold ?
we must invest at bitcoin where bitcoin have block halving system to control bitcoin supply
yeah, you only can get gold from mining underground.
and the gold supply isn't unlimited like bitcoin, so that's why the gold will be a good choice to invest long time

Yes investing in gold is a very good idea for long term but investing in bitcoin is worth risk taking if everything goes well you can earn a lot in bitcoin
newbie
Activity: 8
Merit: 0
February 28, 2016, 01:40:23 PM
both are good.
hero member
Activity: 756
Merit: 500
February 28, 2016, 01:36:22 PM
Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.
Essentially, you can use gold to invest in a long time, because gold is always valuable, but if you want to try to do business, then bitcoin is better than gold, because it is so much choice in doubling the bitcoin. I prefer bitcoin than gold today

sure gold always valuable..? can you explain about supply of gold ?
we must invest at bitcoin where bitcoin have block halving system to control bitcoin supply
yeah, you only can get gold from mining underground.
and the gold supply isn't unlimited like bitcoin, so that's why the gold will be a good choice to invest long time
hero member
Activity: 784
Merit: 500
February 28, 2016, 11:50:39 AM
Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.
Essentially, you can use gold to invest in a long time, because gold is always valuable, but if you want to try to do business, then bitcoin is better than gold, because it is so much choice in doubling the bitcoin. I prefer bitcoin than gold today

sure gold always valuable..? can you explain about supply of gold ?
we must invest at bitcoin where bitcoin have block halving system to control bitcoin supply
legendary
Activity: 1372
Merit: 1008
February 28, 2016, 10:44:59 AM
Both are very good. But I think Gold is good because you can hold it and store it at home etc.
You cant see Bitcoin, its just online money and people think that it is not so safe as gold...

You cannot say that gold is totally safe. it can be theft. Bitcoin is more subjected to hack because of its presence online.
otherwise its OK to invest in bitcoins too.
but at least with the gold we would not be too frightened by the present bitcoin prices rise and fall dramatically. in fact gold is much safer than other investments.
in fact. that is not in physical form. more easily stored. and are not easily hacked. but the people, says another. gold is safe enough for investment. but if you want to continue to be in a comfort zone. there are times when you must take risks to invest in bitcoin, it could make a big profit
hero member
Activity: 2646
Merit: 548
DGbet.fun - Crypto Sportsbook
February 28, 2016, 10:13:40 AM
But there is also a very significant chance that it can become worthless.
I believe there is no chance for BTC to become worthless.
With this market cap and this awareness raising about bitcoin?
 But i suppose we will see and downfalls as well. This can be even better if you are prepared.

i think the bitcoin price will be rising everyday, consistenly and slowly but surely Smiley
block halving is biggest supporter for rising price in this year

Block halving can be mentioned as a part in these days growth, but experts say its just the normal growth.
I believe this to be the bitcoins normal growth. Only when halving occurs we know what is true.
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
February 28, 2016, 09:56:14 AM
But there is also a very significant chance that it can become worthless.
I believe there is no chance for BTC to become worthless.
With this market cap and this awareness raising about bitcoin?
 But i suppose we will see and downfalls as well. This can be even better if you are prepared.

i think the bitcoin price will be rising everyday, consistenly and slowly but surely Smiley
block halving is biggest supporter for rising price in this year
hero member
Activity: 1190
Merit: 500
February 28, 2016, 09:54:43 AM
I am a very risky person, but I would definitely choose gold. I am just not risky enough to put all money into Bitcoin.
hey bitcoin no risk of you thought. fluctuation is not a big risk. you just need to wait patiently to resolve this issue
sr. member
Activity: 476
Merit: 250
February 28, 2016, 09:36:57 AM
But there is also a very significant chance that it can become worthless.
I believe there is no chance for BTC to become worthless.
With this market cap and this awareness raising about bitcoin?
 But i suppose we will see and downfalls as well. This can be even better if you are prepared.
hero member
Activity: 532
Merit: 500
February 28, 2016, 04:50:47 AM
I am a very risky person, but I would definitely choose gold. I am just not risky enough to put all money into Bitcoin.
Lol you admit that you are prepared to accept the risk. but did not dare to take the risk of investing into bitcoin. That's weird
what makes you dare not. to take investment risks to bitcoin?
newbie
Activity: 14
Merit: 0
February 28, 2016, 04:29:23 AM
Both for definite, the thing is, both have their plus and minus points, in this day and age Bitcoin and cryptocurrencies are far more practical but if the world does end you'll still want to have gold and silver on hand just in case, it's also a lot easier to store crypto's for the long run
hero member
Activity: 756
Merit: 500
February 28, 2016, 03:26:54 AM
I am a very risky person, but I would definitely choose gold. I am just not risky enough to put all money into Bitcoin.
choosing gold is good choice, but it's depend how you can keep that gold
it's nothing if the gold got stolen by other, but Bitcoin can't be stolen by other easily like gold
sr. member
Activity: 378
Merit: 250
February 28, 2016, 02:11:33 AM
I am a very risky person, but I would definitely choose gold. I am just not risky enough to put all money into Bitcoin.
sr. member
Activity: 406
Merit: 250
February 27, 2016, 02:19:41 PM
If you want investment with great return, chose BTC.

With Bitcoin, I am not sure whether I will get any return or not.  Grin

You can't predict the future of Bitcoin, because it is relatively new. There is a good chance that the value of Bitcoin can go up by several times in the near future. But there is also a very significant chance that it can become worthless.

the fact that bitcoin is still a relatively new currency/investment says enough. there is a huge amount of potential profit that we can make when investing in bitcoin and hold it for a few years.

Well both items can be mined but no they are not the same. Gold being the leader in value since ages is clearly the winner.
But bitcoin is a good runner up. Maybe even the winner since it is so young.
legendary
Activity: 896
Merit: 1000
February 27, 2016, 11:39:30 AM
If you want investment with great return, chose BTC.

With Bitcoin, I am not sure whether I will get any return or not.  Grin

You can't predict the future of Bitcoin, because it is relatively new. There is a good chance that the value of Bitcoin can go up by several times in the near future. But there is also a very significant chance that it can become worthless.

the fact that bitcoin is still a relatively new currency/investment says enough. there is a huge amount of potential profit that we can make when investing in bitcoin and hold it for a few years.
legendary
Activity: 3808
Merit: 1219
February 27, 2016, 11:21:22 AM
If you want investment with great return, chose BTC.

With Bitcoin, I am not sure whether I will get any return or not.  Grin

You can't predict the future of Bitcoin, because it is relatively new. There is a good chance that the value of Bitcoin can go up by several times in the near future. But there is also a very significant chance that it can become worthless.
full member
Activity: 224
Merit: 100
Spastic dead-eyed hound.
February 27, 2016, 11:06:40 AM
Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.

Exactly... when I start saving up for my "future kids" school tuitions, I am basically planning on buying gold to hold my store of value over the 18 years or so I start saving, to protect me against inflation and the devaluation of the USD over the years.  I find this a lot more reliable than trying to put fiat money into some savings bank account that will gradually devalue over the years.  Gold keeps up with the times in terms of fiat and commands a higher price when fiat is devalued.

I agree with you here.  You have to also realize that silver is also a nice way to go about saving up as well, since generally all precious metals tend to command a higher price when fiat inflates and the general economy goes downward.  Since we are living in some crazy times right now, that's why I hold more of my assets in gold and silver than anything else... I like having bitcoins around in terms of speculative purposes, but precious metals are going to hold their value no matter what.
legendary
Activity: 1316
Merit: 1004
February 27, 2016, 11:02:28 AM
Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.

Exactly... when I start saving up for my "future kids" school tuitions, I am basically planning on buying gold to hold my store of value over the 18 years or so I start saving, to protect me against inflation and the devaluation of the USD over the years.  I find this a lot more reliable than trying to put fiat money into some savings bank account that will gradually devalue over the years.  Gold keeps up with the times in terms of fiat and commands a higher price when fiat is devalued.
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