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Topic: Bitcoin or gold? - page 477. (Read 984547 times)

full member
Activity: 182
Merit: 100
February 09, 2016, 08:42:13 PM
I would choose gold over bitcoin as I am investing my money into gold since long time, and I have more faith in gold as compared to bitcoin, as gold is traditional and more mature when it comes to a investment product.
legendary
Activity: 1456
Merit: 1002
February 09, 2016, 08:39:23 PM
Gold price still surging.

Now up 13% since the fed hiked rates.

I dont have the enormous funds, but if I did I`d go with gold like you mentioned esp those rates.

Then hedge it against bitcoin, then using it with bonds as well. Doing as much to buy up on effortless interest rate profit.
sr. member
Activity: 287
Merit: 250
February 09, 2016, 08:14:02 PM
Gold like diamonds

Gold has nothing to do with diamonds

There huge demand on gold from electronics industry which will only grow

The gold mining resources are quite limited, so with increase on demand - one can expect increase in gold price.

Gold is always better as compared to bitcoins when it  comes to an investment, as gold has huge numbers of satisfied customers which have been benefited by investing their money into gold and have made some good profits.

That's true, but now things are changing, things are not  same as it were in past, people have become smart and now they can afford to take higher risks, the wiser people would always choose to invest their money into bitcoins.
full member
Activity: 196
Merit: 100
February 09, 2016, 07:03:03 PM
Gold like diamonds

Gold has nothing to do with diamonds

There huge demand on gold from electronics industry which will only grow

The gold mining resources are quite limited, so with increase on demand - one can expect increase in gold price.

Gold is always better as compared to bitcoins when it  comes to an investment, as gold has huge numbers of satisfied customers which have been benefited by investing their money into gold and have made some good profits.
hero member
Activity: 742
Merit: 500
February 09, 2016, 07:00:39 PM
Gold like diamonds

Gold has nothing to do with diamonds

There huge demand on gold from electronics industry which will only grow

The gold mining resources are quite limited, so with increase on demand - one can expect increase in gold price.
full member
Activity: 210
Merit: 100
February 09, 2016, 04:14:29 PM
I would surely choose gold over bitcoin as the future of gold is more prominent as compared to bitcoin and bitcoin would surely face some tough competition from new digital currencies in future, so I would choose gold.
legendary
Activity: 2254
Merit: 1043
February 09, 2016, 03:34:47 PM
I officially give up on these threads as they never get anywhere and are pointless.

To summarise -

a) "Gold is better"

b) "Bitcoin is better"

c) "Why choose, get both"

No need to read the previous 106 pages or the next 106  Wink
full member
Activity: 205
Merit: 100
February 09, 2016, 03:19:26 PM
Why does it have to be on or the other. I say diversify and hold both. Balance portfolio depending on market conditions.  They are bot a beetr choice than fiat.

Yeah, investing in both can be more profitable, as you cannot rely only on one, as we are not sure what would be the future of both, but gold is traditional so it would survive for sure, but anything possible with bitcoins.
newbie
Activity: 31
Merit: 0
February 09, 2016, 03:15:32 PM
Why does it have to be on or the other. I say diversify and hold both. Balance portfolio depending on market conditions.  They are bot a beetr choice than fiat.
full member
Activity: 205
Merit: 100
February 09, 2016, 03:08:30 PM
I would choose for the bitcoin is has more potential these days.
Also I think the bitcoin can rise higher in a short time than gold.

Yeah at a moment it is good to invest in bitcoins, as bitcoin has higher potential to grow in a short time as compared to gold, gold is stable and the nature of gold is not too volatile as bitcoin, so bitcoin can earn us quick profits.
sr. member
Activity: 420
Merit: 250
February 09, 2016, 03:00:57 PM
I would choose for the bitcoin is has more potential these days.
Also I think the bitcoin can rise higher in a short time than gold.
legendary
Activity: 2254
Merit: 1043
February 09, 2016, 02:03:22 PM
Gold like diamonds are out of our league.
You can't accomplish anything if you invest 10k dollars..
But with 10k$ in bitcoins, you can create miracle!

Yes you could make 10k$ disappear lol,
sr. member
Activity: 476
Merit: 250
February 09, 2016, 09:53:12 AM
Gold like diamonds are out of our league.
You can't accomplish anything if you invest 10k dollars..
But with 10k$ in bitcoins, you can create miracle!
xht
sr. member
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
February 08, 2016, 02:14:12 PM
In my opinion gold is the best option because I think would be safe invest in gold for long-term.
legendary
Activity: 2996
Merit: 1903
February 08, 2016, 12:25:00 PM
...

While I am as happy the next guy (happier really) that gold is up, the price of gold will vary.  I have seen enough of these ups & downs, even large & fast-moving ones, to know that these moves are transient and cyclical.

I do not trade gold nor bitcoin (except for sometimes buying gold with BTC), so gold's price variations are only of academic interest to me.  BTC price variation is more visceral, in that I buy it from time-to-time, and then spend some on gold.

Even stating above, either BTC or gold may have huge price moves if the chips fall the right way.  Another reason to hold both.
legendary
Activity: 2254
Merit: 1043
February 08, 2016, 08:30:13 AM
Gold price still surging.

Now up 13% since the fed hiked rates.
sr. member
Activity: 462
Merit: 250
February 08, 2016, 05:57:09 AM
I would choose for the bitcoin its getting bigger everyday.
Plus the price will also go higher in the next few months.

We just need to wait and be patient, invested long term in the bitcoin.
yeah a hope for bitcoin price to raice in this 20 years to help all of us be rich Cheesy
sr. member
Activity: 406
Merit: 250
February 08, 2016, 05:05:57 AM
I would choose for the bitcoin its getting bigger everyday.
Plus the price will also go higher in the next few months.

We just need to wait and be patient, invested long term in the bitcoin.
legendary
Activity: 3668
Merit: 6382
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February 08, 2016, 04:58:45 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.

Both. Never keep all the eggs in the same basket!
legendary
Activity: 2254
Merit: 1043
February 08, 2016, 04:17:15 AM
The issue with gold is that it's hard to store, easy to lose on thiefs or government ban.

And if you store it in bank, it will sink with it.

Bitcoin is the most independant investment.

Also very hard to move. Try to leave your country with 1M$ gold and 1M$ BTC you will see.

1) Gold is not hard to store at all, a £26,000 gold bar is the size of a smart phone.  You can easily stash this away in your home, I have of $60k worth of gold stored in something smaller than shoe box.

2) A government ban on gold has never been effective, only a tiny % has ever been handed in in by the public.  If a ban did happen would you just walk to your local bank and hand it over?  If you would you are just as likely to hand over your bitcoin if they ban it.

3) With regard to thieves, how many people have been hacked, scammed or lost all their bitcoin in dodgy bitcoin exchanges.

4) "Try to leave your country with 1M$ gold and 1M$ BTC you will see."  Bitcointards love to quote this bullshit statement.  In reality how many members of this forum (a) have 1M$ or greater  (b) have any need to flee their country with their entire wealth.  Its a make believe insignificant scenario.


 
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