Bitcoin or gold? - page 469. | Bitcointalksearch.org

LuckyYOU

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Quote from: Amph on February 23, 2016, 11:00:11 AM

Quote from: markj113 on February 23, 2016, 09:31:26 AM

Quote from: romero121 on February 23, 2016, 09:12:35 AM

Without any doubt, bitcoin will be my selection. Today the gold price has reduced a lot. But most people select gold just because of its universal acceptance as well as the most economy run in accordance with gold.

I think you'll find bitcoin has dropped a lot further from its all time high than gold.

Bitcoin is currently at 34% of its all time high.
Gold is currently at 65% of its all time high.

ok but you need to consider the time frame also, the time frame for bitcoin is 2(third year is at the end of this year) years for gold what is 4 years or more i guess

I would choose for gold, gold is more safe if you ask me, the bitcoin is not stable it can collapse in a week if it goes very bad, so you never know what will happen.
So gold is for a long term and long term profit and bitcoin is for a short term if you ask me.

Amph

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Quote from: markj113 on February 23, 2016, 09:31:26 AM

Quote from: romero121 on February 23, 2016, 09:12:35 AM

Without any doubt, bitcoin will be my selection. Today the gold price has reduced a lot. But most people select gold just because of its universal acceptance as well as the most economy run in accordance with gold.

I think you'll find bitcoin has dropped a lot further from its all time high than gold.

Bitcoin is currently at 34% of its all time high.
Gold is currently at 65% of its all time high.

ok but you need to consider the time frame also, the time frame for bitcoin is 2(third year is at the end of this year) years for gold what is 4 years or more i guess

markj113

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Quote from: romero121 on February 23, 2016, 09:12:35 AM

Without any doubt, bitcoin will be my selection. Today the gold price has reduced a lot. But most people select gold just because of its universal acceptance as well as the most economy run in accordance with gold.

I think you'll find bitcoin has dropped a lot further from its all time high than gold.

Bitcoin is currently at 34% of its all time high.
Gold is currently at 65% of its all time high.

romero121

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Without any doubt, bitcoin will be my selection. Today the gold price has reduced a lot. But most people select gold just because of its universal acceptance as well as the most economy run in accordance with gold.

Hirose UK

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Quote from: SirWilliam on March 09, 2014, 07:37:13 PM

Already in both.

that's right, why not both if it's possible to do. who knows what will happen to bitcoin, so we need to have plan B, the gold

lixer

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The biggest advantage of bitcoin over gold, easy transferable. We can send/ receive/ carry any where in this world. Just imagine with gold, daily I do read news about gold smuggling. Poor people.

el kaka22

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Quote from: cluit on February 23, 2016, 06:51:14 AM

Quote from: freakying99 on February 23, 2016, 03:44:33 AM

-snip-

Quote from: cluit on February 23, 2016, 02:27:00 AM

I believe it's tome for switching over to digital gold.

Bitcoin not digital gold.It is decentralized currency.

Basically bitcoin is designed by keeping gold in mind. Here are some similarities....
1. Mining
2. No fixed price, based on demand.
3. Limited supply
4. Border-less, international medium of exchange.
Bitcoin many times is referred as gold2.0 or digital gold.

Mining is the more than enough proof, the basic design aspects of bitcoin how it coincides with gold. Nice similarites. Now we got good reasons to choose bitcoin over gold.

cluit

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Quote from: freakying99 on February 23, 2016, 03:44:33 AM

-snip-

Quote from: cluit on February 23, 2016, 02:27:00 AM

I believe it's tome for switching over to digital gold.

Bitcoin not digital gold.It is decentralized currency.

Basically bitcoin is designed by keeping gold in mind. Here are some similarities....
1. Mining
2. No fixed price, based on demand.
3. Limited supply
4. Border-less, international medium of exchange.
Bitcoin many times is referred as gold2.0 or digital gold.

sishendaoye

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Quote from: ArticMine on March 09, 2014, 07:29:56 PM

Quote from: tkbx on March 09, 2014, 02:21:54 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.

Bitcoin. Here is why

Let us go back 110 years to say 1904 and ask the following question: If you had to convert all your wealth to either horseless carriages (otherwise known as automobiles) or horses and keep it there for 10 years, which would you choose? Keep in mind the fact that horseless carriages have only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

By the way humans had been using horses as a primary form of transportation for millennia, yet in a period of 50 years between 1900 and 1950 they virtually vanished form the transportation scene. Will Bitcoin do the same to gold?

I do not see this happen I also choose for the gold, this is because it goes back to the roots of the currency, if you think about it, lets say all currency's will collapse( the economy) we will sure pay again with the gold because is one of the global primary currency's.
I think gold still has a better future for a long term of course, the bitcoin is also good but only for a short period.

BeGoods

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Quote from: cluit on February 23, 2016, 02:27:00 AM

Quote from: jerowacik on February 22, 2016, 09:06:11 PM

when compared with the gold I would choose gold. Gold has a strong market share and gold is one of the jewels of value in this world. gold is so valuable for the long term.

With gold also people have experienced the lows and highs of it, it is just a commodity, everyone loved gold, but now everyone is keen on bitcoin. I believe it's tome for switching over to digital gold.

gold has experienced a story and a very long history. gold will not be replaced for a long time, the price of gold is very high, there will not probably drop to $ 100 / kg
except. if gold does not have price. bitcoin will be easier to take over at the commodity

LuckyYOU

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I would go for the bitcoin it has a better future a head and its a good investment these days, of course the gold has also benefits but I even think the bitcoin itself will be the future of all currency's.
Its far away but I think the bitcoin will take over the world with their payment method.

diodio5

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Quote from: jerowacik on February 22, 2016, 09:06:11 PM

when compared with the gold I would choose gold. Gold has a strong market share and gold is one of the jewels of value in this world. gold is so valuable for the long term.

Yeah right. gold has a market and users the greater one. everyone knows about gold, but bitcoin can do something that can not be done by gold, which become currency. it would be more valuable in the future

arbitrage

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Quote from: freakying99 on February 23, 2016, 03:44:33 AM

Bitcoin not digital gold.It is decentralized currency.

By this definition, price of bitcoin should be stable and he should be used as a currency. But Price is not stable so my only conclusion - Bitcoin is speculative investment, with possible very high returns and high risk.

freakying99

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Quote from: goinmerry on February 23, 2016, 02:35:09 AM

Correct. Due to its physical appearance Gold is the best for all.

Not at all.The physical appearance is nothing when comparing to the actual worth or value.What physical value does the stocks have ? but the market is worth more than 4 trillions.

Quote from: cluit on February 23, 2016, 02:27:00 AM

I believe it's tome for switching over to digital gold.

Bitcoin not digital gold.It is decentralized currency.

goinmerry

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Quote from: jerowacik on February 22, 2016, 09:06:11 PM

when compared with the gold I would choose gold. Gold has a strong market share and gold is one of the jewels of value in this world. gold is so valuable for the long term.

Correct. Due to its physical appearance Gold is the best for all. We tend to want to feel what is ours. Worldly things is what helps us see that it is our own. Bitcoin may not be physically touch but due to its good price it is still a good investment and is easier to earn.

cluit

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Quote from: jerowacik on February 22, 2016, 09:06:11 PM

when compared with the gold I would choose gold. Gold has a strong market share and gold is one of the jewels of value in this world. gold is so valuable for the long term.

With gold also people have experienced the lows and highs of it, it is just a commodity, everyone loved gold, but now everyone is keen on bitcoin. I believe it's tome for switching over to digital gold.

Pattart

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Quote from: relq on February 22, 2016, 08:32:44 AM

I choose bitcoins, because you no need have physical bitcoins. What you need only internet to do it, and also bitcoins can be used for trading, buying something and paying something.

agree with as it is, we do not need the confusion. in saving many bitcoin, unlike physical gold objects

techgeek

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I mean if the point came down to owning phsyical gold or bitcoin.

I`d have to choose gold. Only because in most peoples eyes esp "Fincen" doesnt consider this as actual currency.

But until bitcoin does consider in the category of being a "money transmitter" and a form of "legit currency" to the public then yes I`ll be with bitcoin.

jerowacik

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when compared with the gold I would choose gold. Gold has a strong market share and gold is one of the jewels of value in this world. gold is so valuable for the long term.

Fanpant

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Quote from: sishendaoye on February 22, 2016, 10:29:21 AM

Quote from: relq on February 22, 2016, 08:32:44 AM

I choose bitcoins, because you no need have physical bitcoins. What you need only internet to do it, and also bitcoins can be used for trading, buying something and paying something.

I like them both very much. But I must tell you that I like Bitcoin more than gold. But that also depends on the value.
I think Bitcoin can be more worth than gold. But you can hold gold and see it in real.

That is not possible for Bitcoin.

As a investment tool, I do not mind seeing the real gold or not. I can use bitcoin easily to buy things.

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