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Topic: Bitcoin or gold? - page 502. (Read 984460 times)

legendary
Activity: 1232
Merit: 1030
give me your cryptos
November 13, 2015, 02:27:46 AM
I'd say bitcoin. It's recent price drop strengthens my print, add there's a high chance that bitcoin will go up. Bitcoin is relatively young, with only five years under her belt. But the gold market had stabilised over hundreds of years.
legendary
Activity: 1456
Merit: 1005
November 13, 2015, 02:22:06 AM
honestly,i love bitcoin more than gold..but i have too choose invest or convert my wealth to gold,just because gold more poppular,and everybody know it..

Gold is not just a popular but it is more reliable investment in this world but it takes quite long time to give you good profits so instead buying at one shot buy small quantities to get a good average price. Also bitcoin shouldn't be neglected because it can give you very good returns in short period of time so one need to invest in both.
newbie
Activity: 4
Merit: 0
November 13, 2015, 01:38:52 AM


Everybody knows about gold but not everybody knows about bitcoin.

Gold is accepted anywhere which means gold will never lose its chance against bitcoin.
sr. member
Activity: 294
Merit: 250
November 12, 2015, 03:18:36 PM
honestly,i love bitcoin more than gold..but i have too choose invest or convert my wealth to gold,just because gold more poppular,and everybody know it..
member
Activity: 77
Merit: 10
November 12, 2015, 11:33:27 AM
I want both. With Bitcoin I can buy anything what I want with out someone tracing me.

And gold, because why not gold is awesome.
sr. member
Activity: 378
Merit: 250
November 11, 2015, 04:57:29 PM
Gold. Bitcoin is too instability for use it like a long term investment. But if you think that bitcoin would arrive to 1000$ for another time, buy it ! Smiley Gold have a stability that Bitcoin doesn't have.
hero member
Activity: 714
Merit: 500
November 11, 2015, 04:35:31 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.

I believe that in 10 years the price of Bitcoin will rise at least tenfold. No one would definitely say that about gold. Ok, we can have an inflation and the price of gold in USD might rise tenfold then, but I'm talking about the real value. So it's better to put it like this:

In 10 years from now you can buy with one Bitcoin ten times more of gold than you can buy now.

just my opinion ofc. )

Sure... we all should dream. Longer term, maybe 3 years bitcoin will outcompete any currency for sure.
STT
legendary
Activity: 4102
Merit: 1454
November 11, 2015, 04:34:04 PM
Gold has intrinsic value. All other currencies depend on belief of the users. A Bitcoin has no real value. It's worth is 0. It's nothing but text on a computer.
Bitcoin is valuable because people believe it has value.
So gold hands down.

Now you've done it, the bitcoin mafia will hunt you down for that statement  Grin

Its not quite true its just belief, they both have a use and unique characteristics to them.   People like to say well gold is only valued because its shiny but thats not it alone, its a few different things in combination and partly that its quite rare and hard to get hold of.    It doesnt degrade over time , its durability allows a young man to keep it and sell it as an old man and it still will be the same thing and in a world of computers and redundancy this is becoming a rare attribute
  Bitcoin isnt valued just from pure hype, momentum, velocity, speculation but it has its uses also and its extremely fast and divisible into the smallest parts with little bother to handling it which really aids a fledgling micro economy like the internet or like global trade where we have rich people in one country wanting to speak to, involve and transmit value to almost third world members in the opposite part of the world.   Even this alone, the ability to connect and communicate a trade over so vast a distance and gap between people is what helps make up the core of bitcoin value, any aid to trade so distant and rare would be useful and stand the currency itself as valuable even if nobody absolutely needs it just like nobody has to have gold
legendary
Activity: 2100
Merit: 1058
November 11, 2015, 12:48:16 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.

I believe that in 10 years the price of Bitcoin will rise at least tenfold. No one would definitely say that about gold. Ok, we can have an inflation and the price of gold in USD might rise tenfold then, but I'm talking about the real value. So it's better to put it like this:

In 10 years from now you can buy with one Bitcoin ten times more of gold than you can buy now.

just my opinion ofc. )

This is a new thing I hear gold prices may go down in ten fold in future.
I agree bitcoin prices will go even 100 folds also in future. I will choose bitcoin over gold as bitcoin has many better features compared to gold.
sr. member
Activity: 364
Merit: 250
November 11, 2015, 12:23:35 PM
Gold , because that is more reliable than Bitcoin. Sorry for that , but BTC still does not inspire confidence !
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
November 11, 2015, 11:45:22 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.

I believe that in 10 years the price of Bitcoin will rise at least tenfold. No one would definitely say that about gold. Ok, we can have an inflation and the price of gold in USD might rise tenfold then, but I'm talking about the real value. So it's better to put it like this:

In 10 years from now you can buy with one Bitcoin ten times more of gold than you can buy now.

just my opinion ofc. )
hero member
Activity: 812
Merit: 500
November 11, 2015, 11:28:38 AM

both gold and bitcoin fluctuate madly. but keep gold for a " just in case " i get bitcoins for " just maybe "


in fluctuations in the price, I think gold is not so madly than bitcoin,
I prefer gold just in case
If you want to invest for long then I also prefer Gold because its prices not fluctuations as bitcoin but if you can keep eye on this then its not bad to invest in bitcoin also but surely you need to care too much about this price
legendary
Activity: 2254
Merit: 1043
November 11, 2015, 11:25:27 AM
Gold has intrinsic value. All other currencies depend on belief of the users. A Bitcoin has no real value. It's worth is 0. It's nothing but text on a computer.
Bitcoin is valuable because people believe it has value.
So gold hands down.

Now you've done it, the bitcoin mafia will hunt you down for that statement  Grin

full member
Activity: 186
Merit: 100
November 11, 2015, 11:17:15 AM
Gold has intrinsic value. All other currencies depend on belief of the users. A Bitcoin has no real value. It's worth is 0. It's nothing but text on a computer.
Bitcoin is valuable because people believe it has value.
So gold hands down.
sr. member
Activity: 294
Merit: 250
October 28, 2015, 02:13:22 AM
I think Bitcoin is best investment for ROI!

Yes bitcoin is good for active traders but if one just want to invest for long term and don't a time to check every day price movements then gold should be a good choice.
its mean bitcoin just for trader right ?  Tongue
why bitcoin can not be used as a long-term investment?

You can keep it for long term but now a days prices are not moving that fast so for me I can make more profits in trading (not in day trading) than just holding my coins.
yeah i think trading is more profit then invest long term(just keep bitcoin in wallet)
both can be equally detrimental if bitcoin price falls or down
hero member
Activity: 658
Merit: 500
October 28, 2015, 02:09:01 AM

both gold and bitcoin fluctuate madly. but keep gold for a " just in case " i get bitcoins for " just maybe "


in fluctuations in the price, I think gold is not so madly than bitcoin,
I prefer gold just in case
legendary
Activity: 1652
Merit: 1057
October 27, 2015, 10:58:05 PM
both gold and bitcoin fluctuate madly. but keep gold for a " just in case " i get bitcoins for " just maybe "

Both of the price fluctuations are based on some reasons. Unlike you, I go for bitcoin for sure whereas with gold I will do a little bit as gold is so slower appreciations compared to bitcoin's growth. I always go with bitcoin for current trend.
full member
Activity: 124
Merit: 100
cancer sucks
October 27, 2015, 08:40:06 PM
both gold and bitcoin fluctuate madly. but keep gold for a " just in case " i get bitcoins for " just maybe "
legendary
Activity: 1456
Merit: 1023
October 27, 2015, 08:25:10 PM
I think Bitcoin is best investment for ROI!

Yes bitcoin is good for active traders but if one just want to invest for long term and don't a time to check every day price movements then gold should be a good choice.
its mean bitcoin just for trader right ?  Tongue
why bitcoin can not be used as a long-term investment?

You can keep it for long term but now a days prices are not moving that fast so for me I can make more profits in trading (not in day trading) than just holding my coins.
sr. member
Activity: 294
Merit: 250
October 27, 2015, 06:36:44 PM
I think Bitcoin is best investment for ROI!

Yes bitcoin is good for active traders but if one just want to invest for long term and don't a time to check every day price movements then gold should be a good choice.
its mean bitcoin just for trader right ?  Tongue
why bitcoin can not be used as a long-term investment?
who say bitcoin can't be used for long-term investment? i think it really wrong, bitcoin can be used for it,but have high risk ,just you need to use your brain to think when you will decide to buy some of btc and wait till the price goes up,actually that's very simple
many are speculating about it, probably because prices of bitcoin is fluctuate
I do not think for long term investment in bitcoin
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