Bitcoin or gold? - page 480. | Bitcointalksearch.org

expert4knowledge

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Quote from: OROBTC on February 05, 2016, 04:11:50 PM

...

Gold is more likely to be worth more than BTC say in 50 years. Bitcoin will probably change, evolve or die given a longer-term time horizon.

Again, I own BOTH. BTC for its possible huge price rise (short to medium term).

Gold for wealth preservation.

Gold price does not move parallel to BTC. Diversification.

This is the true recommender theory for investing in different baskets to prevent risk of lost of all what you have.

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Gold is off to good start in 2016, end of the bear market?

OROBTC

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...

Gold is more likely to be worth more than BTC say in 50 years. Bitcoin will probably change, evolve or die given a longer-term time horizon.

Again, I own BOTH. BTC for its possible huge price rise (short to medium term).

Gold for wealth preservation.

Gold price does not move parallel to BTC. Diversification.

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Quote from: expert4knowledge on February 05, 2016, 02:25:18 PM

Quote from: ?? on ??

If you are already rich gold is good.

If you are poor, more chances to change your life with bitcoins.

Exactly one of the main differences of investment between bitcoin and gold is initial investment needed for investment. For bitcoin you can invest less and hope bigger rise. It is the positive aspect.

True, the potential win with bitcoin is way bigger.
Gold is more a safety investment these days. Bitcoin can be seen as semi gambling.

expert4knowledge

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Quote from: ?? on ??

If you are already rich gold is good.

If you are poor, more chances to change your life with bitcoins.

Exactly one of the main differences of investment between bitcoin and gold is initial investment needed for investment. For bitcoin you can invest less and hope bigger rise. It is the positive aspect.

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Quote from: KenJackson on March 09, 2014, 10:27:04 PM

Quote from: OROBTC on March 09, 2014, 08:36:35 PM

Well, OK, the OP said to pick one. But I would take them both.
90% in gold, 10% in BTC. But, if I had to pick one, it would be gold.

That's exactly what I was going to say.
The irony is, in 10 years the 10% bitcoin may well be worth significantly more that the gold.

I do not understand your reasoning ..? You assume that Bitcoin (probably) will be more expensive than gold, but as investments you choose gold? Is lies in this some secret? Grin

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Quote from: gkv9 on February 05, 2016, 09:17:23 AM

Quote from: VegasCasinoBits on February 05, 2016, 04:46:36 AM

When the price are high i will sell 50% of my BTC to Gold, then when BTC drop down i will sell the gold and rebuy BTC,

Don't buy Gold, wait for the price to get dumped and buy back BTC, as you are sure to lose on Gold these days...
Gold is losing its shine, while BTC is sure to reach its new ATH very soon...

It's always better to buy in to something in which it is deemed you are "guaranteed to lose money" on it. I know gold has been on a steady decline in prices, but I have a feeling we will be seeing another economic collapse due to oil companies defaulting on their business because of the recent global oil glut. You can't keep selling something that is essentially making you lose money...

I have a strong feeling this will happen within this year... approximately 8 years since the 2008 economic collapse of people faulting on their mortgages. So buying gold/silver (and I guess bitcoin) will be of everyone's best interest as of right now, IMO.

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Quote from: fnbusiness on February 05, 2016, 09:21:55 AM

I think don't buy gold. Bitcoin is more profitable. (It's a bit dangerous, of course.)

Yes there are more profit in BTC but if you want your money safe Gold er good, so its depens on what people want, "risk and get profit" or "stay safe and stable"

fnbusiness

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I think don't buy gold. Bitcoin is more profitable. (It's a bit dangerous, of course.)

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Quote from: VegasCasinoBits on February 05, 2016, 04:46:36 AM

When the price are high i will sell 50% of my BTC to Gold, then when BTC drop down i will sell the gold and rebuy BTC,

Don't buy Gold, wait for the price to get dumped and buy back BTC, as you are sure to lose on Gold these days...
Gold is losing its shine, while BTC is sure to reach its new ATH very soon...

LuckyYOU

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I would choose for the bitcoin is has a better future.
Also the gold is a bit old I think it has a future but no so good.
The bitcoin is the future currency.

expert4knowledge

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Quote from: Scream on February 05, 2016, 04:44:01 AM

Quote from: a7mos on February 04, 2016, 06:09:16 PM

I believe that investing money in gold is much more safer than investing in bitcoin because bitcoin price has more extreme movements than any other market.
So if you do not like high risk, do not invest in BTC

high risk = high profit
and Im sure more people interesting to get more profit,
in future the bitcoin technology will replace every segment
maybe each country will adopt blockchain technology to create transparancy at govermend fund Roll Eyes

Yes, although bitcoin maybe used to save privacy now but the concept can be applied to increase transparency in financial deals.

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When the price are high i will sell 50% of my BTC to Gold, then when BTC drop down i will sell the gold and rebuy BTC,

Scream

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Quote from: a7mos on February 04, 2016, 06:09:16 PM

I believe that investing money in gold is much more safer than investing in bitcoin because bitcoin price has more extreme movements than any other market.
So if you do not like high risk, do not invest in BTC

high risk = high profit
and Im sure more people interesting to get more profit,
in future the bitcoin technology will replace every segment
maybe each country will adopt blockchain technology to create transparancy at govermend fund Roll Eyes

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Quote from: expert4knowledge on February 04, 2016, 07:48:38 PM

Quote from: a7mos on February 04, 2016, 06:09:16 PM

I believe that investing money in gold is much more safer than investing in bitcoin because bitcoin price has more extreme movements than any other market.
So if you do not like high risk, do not invest in BTC

It has high and fast movements but the movements may be in favor of owners of bitcoins too. So it depends on the view of the people. If they are risk averse Gold is better for them.

I will choose for the bitcoin it has a good future a head.
Also the market is getting bigger everyday, so I invest in the bitcoin for a long term.

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Quote from: Amph on February 05, 2016, 03:41:57 AM

Quote from: socall on February 04, 2016, 02:43:03 PM

All technology is eventually replaced with something bigger and better, just a matter of time.

not always, sometimes you only get un upgrade of the previous technology

perfect example are computer, they ar enot replaced since they were invented, but just upgraded to be more powerful

Well with the world "eventually" is always right Grin

In the end, there will be a moment where computer will be replaced by something. Some kind of "computer 2.0" that is too different from the original one.

Which means that bitcoin WILL become obsolete. One day. But it can be in something like 100 years. And even then, it will always be possible to transform btc in a btc 2.0 xD

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Quote from: socall on February 04, 2016, 02:43:03 PM

All technology is eventually replaced with something bigger and better, just a matter of time.

not always, sometimes you only get an upgrade of the previous technology

perfect example are computer, they are not replaced since they were invented, but just upgraded to be more powerful

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Quote from: socall on February 04, 2016, 02:43:03 PM

All technology is eventually replaced with something bigger and better, just a matter of time.

yeah technology is constantly developing States. bitcoin-based technology is certainly in the future will be better and more sophisticated. in contrast to gold, I think they are too old-fashioned

expert4knowledge

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Quote from: a7mos on February 04, 2016, 06:09:16 PM

I believe that investing money in gold is much more safer than investing in bitcoin because bitcoin price has more extreme movements than any other market.
So if you do not like high risk, do not invest in BTC

It has high and fast movements but the movements may be in favor of owners of bitcoins too. So it depends on the view of the people. If they are risk averse Gold is better for them.

expert4knowledge

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Quote from: dothebeats on February 04, 2016, 01:09:05 PM

Diversity is the key! Lol, seriously I think housing and lands are the best investment long-term as these two tend to appreciate value over time as the need for space and place to live in arises. Gold and bitcoin are speculative assets; no assurances that they will work for you or your investment.

But house and lands have some problem, they usually need more initial investments, furthermore in many times their value decreases.

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