Author

Topic: Bitcoin or gold? - page 489. (Read 984460 times)

legendary
Activity: 2254
Merit: 1043
January 18, 2016, 01:36:50 PM
I would do the same I have done now; 99% on bitcoin, 1% on gold.

No but seriously I am not that interested in gold. I do happen to have some right now but as said the amount is maybe 1% if compared to the bitcoin amount. Cannot see why I would get any more interested on investing gold so I think it would stay the same. Most on bitcoin.

You have basically got 1% class A asset and 99% penny stocks.

Not exactly a sound investment strategy Smiley
legendary
Activity: 3766
Merit: 1217
January 18, 2016, 01:26:12 PM
It's about useability also and bitcoin has more useability then gold, since gold is not accepted in many stores.

Surprising. There are millions of stores, banks, pawn shops.etc world wide, which accept gold bullion bars and coins (although I could admit that gold jewelry is not that easy to sell). As someone who do international travel quite frequently, I can vouch for this. Now tell me how many stores and banks are there, which readily accept Bitcoin?
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
January 18, 2016, 12:06:59 PM
It's about useability also and bitcoin has more useability then gold, since gold is not accepted in many stores.

agree with yu, we can't send gold instanly like bitcoin,
and we can't trade it in online market like bitcoin Roll Eyes

So, Bitocin is better than gold? I agree with this. Gold is something which was very valuable in the past and Bitcoin is something which will be very valuable in the future. And as we can see Bitcoin is already a valuable thing, but unfortunately most people are livivng in the past so they can't see the real value of Bitcoin.
hero member
Activity: 1204
Merit: 500
January 18, 2016, 12:01:55 PM
definitely  bitcoin for sure,i like bitcoin most cause its very to use no hassle.
bitcoin can be use in almost online store,
 
it was good, a lot of people who choose bitcoin because of it, it is also because gold can not be made a medium of exchange in the online store, because many can not go shopping to the market offline, so they decided to choose bitcoin as an investment tool and as money for online shopping, because not all people have free time to go shopping to the market
sr. member
Activity: 434
Merit: 250
January 18, 2016, 11:16:17 AM
I would do the same I have done now; 99% on bitcoin, 1% on gold.

No but seriously I am not that interested in gold. I do happen to have some right now but as said the amount is maybe 1% if compared to the bitcoin amount. Cannot see why I would get any more interested on investing gold so I think it would stay the same. Most on bitcoin.

I feel you. For me gold is good, but maybe for jewelry, not as an investment. Therefore I would invest none in gold.
Maybe this changes when i am more into investing in FOREX.
sr. member
Activity: 322
Merit: 250
I ❤ www.LuckyB.it!
January 18, 2016, 09:50:28 AM
Quote
agree with yu, we can't send gold instanly like bitcoin,
and we can't trade it in online market like bitcoin Roll Eyes

you can send gold or pay in gold instanly using service like bitgold, off course Bitcoin is accepted by more 'merchants than bitgold gold
full member
Activity: 210
Merit: 100
January 18, 2016, 09:49:53 AM
I would do the same I have done now; 99% on bitcoin, 1% on gold.

No but seriously I am not that interested in gold. I do happen to have some right now but as said the amount is maybe 1% if compared to the bitcoin amount. Cannot see why I would get any more interested on investing gold so I think it would stay the same. Most on bitcoin.
sr. member
Activity: 364
Merit: 250
January 18, 2016, 09:46:18 AM
It's about useability also and bitcoin has more useability then gold, since gold is not accepted in many stores.

agree with yu, we can't send gold instanly like bitcoin,
and we can't trade it in online market like bitcoin Roll Eyes
full member
Activity: 210
Merit: 100
January 18, 2016, 08:48:13 AM
definitely  bitcoin for sure,i like bitcoin most cause its very to use no hassle.
bitcoin can be use in almost online store,
 
hero member
Activity: 616
Merit: 500
January 18, 2016, 07:51:43 AM
It's about useability also and bitcoin has more useability then gold, since gold is not accepted in many stores.
sr. member
Activity: 322
Merit: 250
January 18, 2016, 06:03:44 AM
50% Bitcoins and 50% Gold

how about fiat currency ? are you not interesting with fiat currency ?
i think better to dividing the percentage like this
40% bitcoin 30% fiat 30% gold

don't forget to support your country

fiat where do you mean? if you mean the dollar.
The same thing you want to lose
if you take the investment between
BTC and the dollar
you will not benefit from both
when the dollar rose, Automated bitcoin will drop according stronger dollar
you can not benefit from it
STT
legendary
Activity: 4102
Merit: 1454
January 17, 2016, 10:48:37 PM
There are places which retail for bitcoin in store in person, its just not that many places.   Theres websites that sends pizza for bitcoin and online groceries but you must be excluding them.    Gold is exchangeable for goods, its just that most currency is more divisible and accurate.  Some wall streets banks will accept gold deposits when brokering stocks for example and so on, if you mean as a coin in your pocket then yes it has fallen out of favour.   The swiss were the last to use a national gold standard in the west, Im not sure of other countries.

  Surely Venezuela or anywhere with 1000% inflation would gladly take a gold coin but I dont know its common

http://www.zerohedge.com/news/2014-03-06/venezuela-how-you-convert-1-175000
legendary
Activity: 1316
Merit: 1004
January 17, 2016, 06:41:09 PM
50% Bitcoins and 50% Gold

how about fiat currency ? are you not interesting with fiat currency ?
i think better to dividing the percentage like this
40% bitcoin 30% fiat 30% gold

don't forget to support your country

Well it's not just to "support your country"... Rather, it's just to get by. You still have to pay bills, eat food, etc. so having all your value in those two "assets" are not really feasible, because we are still not able to purchase food or pay bills with Bitcoin or gold... Unless, you decide to get one of those asset backed debit cards where someone else will hold your gold and Bitcoin, then when you decide to purchase whatever out in the real world it would just take out the USD value of what you put in.
hero member
Activity: 756
Merit: 502
January 17, 2016, 12:18:40 AM
50% Bitcoins and 50% Gold

how about fiat currency ? are you not interesting with fiat currency ?
i think better to dividing the percentage like this
40% bitcoin 30% fiat 30% gold

don't forget to support your country
hero member
Activity: 658
Merit: 500
January 16, 2016, 11:10:11 PM
Sorry, mobile phone confirm my message when i typing. See here:

This could be a good long term portfolio (5 to 10 years) :

10% Bitcoin
5% Other CryptoCurrency (Doge, Lite etc)
10% Gold
5% Other Precious (Silver, Platinum)
10% ETC on Commodities
7% US Stock (DJ and Nasdaq)
3% OTC US Stock (PinkSheet Market)
5% European Stock (No PIGS)
5% PIGS Stock (Portugal - Italy - Greece - Spain)
5% African Stock
5% South east Asian Stock (no China)
5% Russian Stock (MICEX)
5% Commodity Currencies (AUD, CAD)
10% Euro
5% USD
5% Your Domestic Currency

Stock and ETC or ETC must be in your domestic currency.


Take adjustment (switch and stop/take profit)  every 6 month for no more than 10% of each Asset and no more than 7,5% of complessive investment

The most part seems good. However I would use this one.


10% Bitcoin
5% Other CryptoCurrency (Doge, Lite etc)
20% Gold
10% Other Precious (Silver, Platinum)
10% US Stock (DJ and Nasdaq)
10% European Stock (No PIGS)
5% South east Asian Stock (no China)
15% Euro
10% USD
5% Your Domestic Currency


I think buying currency of the country that could potentially be a developed country is a good investment compared to gold,
where countries are likely to become a developed country?
like china yuan, i think in future, yuan to usd has a greater price
hero member
Activity: 952
Merit: 1000
January 16, 2016, 06:15:14 AM
50% Bitcoins and 50% Gold

That's a good option to diversify the investments, as we are not aware about the future that where bitcoin will land up, so it is better to invest in both gold and bitcoins, as the future of gold is safe and is in existence since long time, so people would more prefer to invest in gold as bitcoin is still new to many people.
hero member
Activity: 854
Merit: 1000
January 16, 2016, 05:48:35 AM
50% Bitcoins and 50% Gold
legendary
Activity: 1960
Merit: 1026
January 16, 2016, 03:01:30 AM
I would select:

20% Bitcoins
80% Gold



I agree with your choice. Bitcoin has a huge risk compared to gold. so I will not be too much to invest in bitcoin.
newbie
Activity: 56
Merit: 0
January 16, 2016, 02:21:01 AM
Bitcoin's biggest advantage over Gold: Its purely virtual and can thus be sent over the net to anywhere in an instant. Gold's biggest advantage over Bitcoin: You can hold it in your hands.
hero member
Activity: 742
Merit: 500
January 14, 2016, 10:07:25 AM
I would select:

20% Bitcoins
80% Gold

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