Topic: Bitcoin or gold? - page 503. (Read 984460 times)

Bitcoin is an unknown future, Gold will probably be around in years to come(I think Bitcoin will too) but I would take Gold at this point, if they were giving out Gold like they were Bitcoin, that would be interesting.

I think BItcoin Is The True Gold

if in terms of price movement gold is more stable than bitcoin price but i wouldn't choose one of them because if i'm have both it would be good 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

its mean bitcoin just for trader right ? 
why bitcoin can not be used as a long-term investment?

i think both thing are separate you cannot say which is better, gold= if you are suddenly in emergency of money and you dont have online then gold is the best option that gives you immediate money ya but bitcoin is also a good investment but in emergency you cannot cashout immediately and get your emergency remedy.so each one has their own potential

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.

I think Bitcoin is best investment for ROI!

Yes if you're a less risk taker and planning for long term investment then gold should be a good option for you but bitcoin is like very active prices moves quite for in both directions so if your interested make some profits faster with these price movements then you can invest some money and make good profits. I but more gold and some bitcoins as of now.

Why are you so sure that the bitcoin price will return to its starting/lower price
while you continue to play here on bitcoin

Interesting. What is the real value of this kind of certificate? In other words, what real thing can have someone who buy that? If is nothing, why buy it? And who are the stupids who buy? Must have serious problems.... Pay for 100 ounces and have only 1.

Or that gold certificates can give you gold in every moment if you want to change that?

I have not take over the duty to make the story of prices for gold and bitcoin. Because if will do this I can tell that in 6 years of its life the price of bitcoin is increased in infinite% while the price of gold in the last 6 years has 4 years and half the decrease as tendency. The price of bitcoin was 0 and now is about 260 us dollar. This is the most right data about bitcoin These data are enough to show the value of bitcoin compared to the gold and are much more significant than yours 5 years, yours 30%, yours 85% yours 24 months, yours 6% per year, yours 45% per year, yours "declining steeply" and yours "stagnated as well" given in the post which you have quoted (and not the post to which I am answered). And are much more accurate than any other kinds of data you can find, calculate, invent or give.

Now needed to tell all the story.

If someone want to tell something can find any kind of data to do comparisons. The problem is to understand which data are important and give something that can help the interested person to understand something about which he has expressed wrong knowledge.

My first answer (given to an post about one row) wanted to give explanations which wanted to show only that the overall tendency for the price of gold is the decrease (lasted for more than 4 years), the price of bitcoin was stable (for the last ten months) and to tell to the author of the primary quoted post by me that his perception or knowledge about what he write in his post was not correct.

This my post was interpreted by another poster which have seen my answer as not correct; giving the price of bitcoin in time which is clearly in decrease. I tried to give this poster my point of view and the explanation of the why of my first answer.

Then come the third poster. He do the opposite of the second one but quoting my comments. Part of those. Which are "interesting" and "wrong" according to him. This third draws my attention (always doing the opposite of the second idea expressed by the second poster) giving "intellectual" and "deep data" and "thoughts".

So we have firstly this simple post: "Gold has stability value, bitcoin its more volatile. Bitcoin needs more stability if it wants to become as popular as gold."

My answer was aimed to give them only the data regarding its post. Not more and not less. So to give him the "news" that the gold has not stability value and that bitcoin was stable for about ten months. My answer was about two row and two charts. Giving the price of gold in four years and half in decrease and the price of bitcoin in the last ten months. That's all. After this come another chart and another comment. Then the third. Every post in opposite to the previous. So need to give explanations to everyone about the why of my two rows answer to the primary post.

So no one was interested for the first post but to ask my the why of my answer and to show me that I'm wrong.

If someone wanted to help someone, first needed to quote its post and not mine (which was an answer to the first poster which needed clarifications) and give other data like the amount of the trading, the period which show better the tendency of the price, the amounts of decrease or the increase of price in different periods, the chose of the best period which can give better the tendency of price, the factors which affect the price, the factors which affect the trading, the other factors which hasn't happen but can happen in the future, the probably future price of the bitcoin and the gold, the probability of verification of every future given price for each of the above subjects and other things that I don't know which are but know that will bother to much the interested.

While for everyone which quoted my post (or my posts) is not important this but another thing. They are not interested to clarify the first poster or to see to what post was aimed my answer. They wanted to show that them are more capable in doing calculations and giving "excellent" and "deep thoughts". So them don't give or even remove the first (primary) post, quote only my post (with my "poor" answer and, at least, incapable and not with "deep thoughts"), and make the "needed" corrections giving to me in the same time even the right lesson about the big error made from me in giving such wrong knowledges in my posts to the others.

As for me this kind of data (given by the posters who quoted my posts) and all the other conjunctural data as well even those used to tell necessarily something or to do opposite for every thing, serve only to they which have nothing to do and find way to oppose, to them which have the need to write something "special" in order to show this to the others or to the maniacs of data. I don't know in which category are the authors of my quoted posts but invite them to show all their capacity in creating "deep thoughts", in doing "right calculations", "predictions", "inventions", "comparisons", "comments", "interventions", "corrections", "lecturers" etc. etc. to write a book with all their pearls. Lets go in the market to see the number of theirs books sold. In this way will convince themselves that their's "deep" and always "right" "thoughts" have not even the value of the paper spent to do the book.

For now, gold. Bitcoin when it's back to lower price.

10 years, probably have very advanced technology, certainly needed is a sophisticated payment,
gold does not have it

In 10 years time I think gold also will become double and it is safe compared to Bitcoin.

To tell the right I don't understand that sentence in bold. Mine was a statiscal data which show the price of gold and bitcoin in time. The real one registered. Distorted or not this is another thing. But was the real one, registered by London Bullion Market Association, Bureau of Labor Statistics.

See here for more: http://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

i will choose to convert my wealth in bitcoins as gold is stable now but bitcoin is moving and i am pretty confident that in 10 years it will at least double up my money.

I agree, bitcoin has the edge against gold if we talk about bigger financial gain although the risk is much higher. No risk no gain and that's how the price of bitcoin works.

The more stable commodity will not get you more profits.
Gold is not moving upward since last 2 years. But bitcoin is known for it's volatility and good investment if you hold for long time. You can not expect a supply halving in gold. But bitcoin has it every 4 years to assure you a good return on investment.

Gold is more stable compared with bitcoin, I currently prefer to invest in gold, liquidity of gold is very high, while the bitcoin experience fluctuating high enough, when we will invest in bitcoin, we have to wait to see the state of the market, do not rush to sell or buy bitcoin, or can so you will lose money because of its