Topic: Bitcoin or gold? - page 492. (Read 984448 times)
Since OP said all of my wealth I would have to go with Gold. I couldn't risk my money on a chance, even though I do believe it would go up.
Gold, it has value and it's a physical thing, bitcoin is not that stable right now.
it's increasing that everything you need to know, we don't need to be stable when we are still building our market capitalization
and like it was said they are not comparable yet, one is much older and well known, instead the other is accepted only by few people as a new way of payment
I still can't understand how people fail to realize the fact that market volatiltiy is a given and this insane market volatility will keep happening because we are still in the early days, the marketcap is tiny and any amount of money coming in can have a change in price. This would be good news to anyone with a long term vision.
Well you have people out there that really don't like Bitcoin and they keep dismissing us, so the best they can come up sometimes is Bitcoin is not stable enough, Bitcoin is too volatile, Bitcoin is too wild!
Let them repeat their own crap, we all know the real truth about it!
Gold, it has value and it's a physical thing, bitcoin is not that stable right now.
it's increasing that everything you need to know, we don't need to be stable when we are still building our market capitalization
and like it was said they are not comparable yet, one is much older and well known, instead the other is accepted only by few people as a new way of payment
I still can't understand how people fail to realize the fact that market volatiltiy is a given and this insane market volatility will keep happening because we are still in the early days, the marketcap is tiny and any amount of money coming in can have a change in price. This would be good news to anyone with a long term vision.
bitcoin is the winner
i choose bitcoin, in future bitcoin will be replace dollar
and if all people in the world using bitcoin the price will be up
i choose bitcoin, in future bitcoin will be replace dollar
and if all people in the world using bitcoin the price will be up
probably not gonna happen, bitcoin may become more popular
than dollar, but it will not be replace by bitcoin, if dollar crashes
the us government may create another currency or use other existing
one.
Gold, it has value and it's a physical thing, bitcoin is not that stable right now.
it's increasing that everything you need to know, we don't need to be stable when we are still building our market capitalization
and like it was said they are not comparable yet, one is much older and well known, instead the other is accepted only by few people as a new way of payment
gold its very wanted but btc money its gonna rise the need soo gold its more needed into fiat now but into future the btc will be less voltable and more up price and that puts the need of btc as much as gold or even more couse the few satoshis are a bit easy to find now than grams of gold
Ok, thanks. That's what I needed and was there in plain sight but I did not find it at first. I do not doubt the profit of the gold industry I was only stating the actual situation of the gold mining process. 
The easily recoverable deposits of gold are already exhausted. Most of the remaining deposits are either low-quality, or located in very inaccessible areas (such as Amazonia and Kolyma). So naturally, the cost of production will increase. Also, there is an environmental cost as well. Gold mining produces huge amount of toxic waste.
Thanks for your input: I basically read everywhere that gold mining is becoming very expensive/difficult to extract hence production goes down. Can you please give me the link/source where you found that chart?
Here:
https://commons.wikimedia.org/wiki/File:World_Gold_Production_1900-2014.png
The data is from the United States Geologic Survey (USGS).
Yes. You are right. The gold mining is becoming more and more expensive, due to the rise in labor costs and machinery. But it is still having a profit margin of 20% to 30%.
Ok, thanks. That's what I needed and was there in plain sight but I did not find it at first. I do not doubt the profit of the gold industry I was only stating the actual situation of the gold mining process.
Gold, it has value and it's a physical thing, bitcoin is not that stable right now.
bitcoin is the winner
i choose bitcoin, in future bitcoin will be replace dollar
and if all people in the world using bitcoin the price will be up
i choose bitcoin, in future bitcoin will be replace dollar
and if all people in the world using bitcoin the price will be up
We will see if bitcoin replace the dollar.
That is so true if all the people use bitcoin than the price will rise, but I don't think in 50 years that all people of the world will use bitcoin.
bitcoin is the long term winner. I will hold most of my spare asset in bitcoin and small amount in gold.
bitcoin is the winner
i choose bitcoin, in future bitcoin will be replace dollar
and if all people in the world using bitcoin the price will be up
i choose bitcoin, in future bitcoin will be replace dollar
and if all people in the world using bitcoin the price will be up
bitcoin is not stable yet for real world maybe at the right time. But for me I choose gold. Gold is century and This thing has been a valuable and highly sought-after precious metal for coinage, jewelry, and other arts since long before the beginning of recorded history. So bitcoin is more far to replace gold
Nope Bitcoin Already replaced gold in international market. European market not revealing that. thats a true. Because Its raising very faster than other things like gold,diamond and U.S. dollar. Its gonna rule the future world through digitization. Thanks for your input: I basically read everywhere that gold mining is becoming very expensive/difficult to extract hence production goes down. Can you please give me the link/source where you found that chart?
Here:
https://commons.wikimedia.org/wiki/File:World_Gold_Production_1900-2014.png
The data is from the United States Geologic Survey (USGS).
Yes. You are right. The gold mining is becoming more and more expensive, due to the rise in labor costs and machinery. But it is still having a profit margin of 20% to 30%.
I would chose both, but if i can chose only one, i would stick with Bitcoin. Bitcoin have lot bigger growth potential and i would gamble on that no sweat.
I don't really understand the people that fight with each other as if they were in a football match and some are in team bitcoin and some are in team gold when both have at the end of the day the same goal which is to have an alternative way to have wealth outside of the system. Both are valid options.
Screw gold. Bitcoin all the way. Much better for making a profit. Gold's price is too stable for me to invest in it.
yeah most traders are definitely more like fluctuating prices such as bitcoin, prices could suddenly rise. like today $418unlike gold is too stable
Gold offcourse. Don't you like that shiny metal. For jewelry, an assets and even as a trading assets, it is far more popular then any other asset.
Bitcoin has a very long road to go, to even try to compete with gold.
Bitcoin has a very long road to go, to even try to compete with gold.
Well said, even with Gold being a fashion item, is just another example why gold is better valued then our precious bitcoin.
I don't think we are anywhere near to compete with Gold honestly.
Gold offcourse. Don't you like that shiny metal. For jewelry, an assets and even as a trading assets, it is far more popular then any other asset.
Bitcoin has a very long road to go, to even try to compete with gold.
Bitcoin has a very long road to go, to even try to compete with gold.
How about, BitGold? 
But apparently it's a scam so, beware.
But apparently it's a scam so, beware.
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