Topic: Bitcoin or gold? - page 506. (Read 984547 times)

I agree with you, bitcoin more "profitable" than gold.
But BTC also more fluctuating than gold.

Same with stocks, you can earn big, or otherwise you can loss big.

I suggest to make some division in your investment plan.
If you had budget approx 100 USD "only for invest".

It's safe to spend 20% of that into BTC.

in any aspect, perhaps it is best to bitcoin, but for now I choose to use gold in real life Because bitcoin has not been as popular as gold,
thats why in my country very rare store accepted bitcoin as a payment system

bitcoin is secure, more profit than gold
if you "profesional investor" you can speculate with comunity and network growing

now microsoft and dell accept bitcoin, and did not rule all of online & offline store accept bitcoin

Yes for traders its very attractive, but normal people wants to invest in more secure option.
I'm agree with you about bitcoin its easier to use than gold. Gold seems only for big inversors.

instability of the value of bitcoin is one of the attractions for traders, and i choose bitcoin for this moment
bitcoin is easier to use than gold

Bitcoin "supply" shortage is a myth - as its just numeric digits its infinitely divisible so there will never be a shortage.  The only thing that will change is the value of those digits.

Gold has stability value, bitcoin its more volatile. Bitcoin needs more stability if it wants to become as popular as gold.

yes it's right bitcoin price can drop any time
but "bitcoin can rise any time "

the big diffirent about Gold and BItcoin is "supply"

I agree we do not know if bitcoin can be stable for long time. Possible bitcoin can disappear this is a network all is possible in network can be stable or not. But for assurance If you had to convert all your wealth to either Bitcoin or gold? Still I'll go for Gold, this is Century and tested In humans history. Just my 2 cents.

^^ I agree with that much, its positive and negative that bitcoin is more volatile but also more versatile and easily adapted.  Its ability to accelerate in usage is massive because that is the nature of technology.    So when you meet great potential, ability to distribute widely mixed to a fixed unmoving population of coins, the squeeze is the price due to demand vs supply so yes massive upside.
 Bitcoin is exponential vs Gold which is really linear in how its produced each year in fairly even fixed amounts though also subject to technology in mining its variance is quite low year to year Also demand for gold is quite smooth over the years, for many centuries each generation values gold as a rare demanded product despite it being not industrially used but this theme continues even while we expand the element table and invent new compounds this base metal is still wanted.  So both ends fairly matched supply demand make it different to bitcoin

I know speculatively both can spike, Im not arguing near term which is apparent to all of us more just the life term view of each product.


Gold should show as very stable over time.  If you saved for your pension over your working life and only used gold it should retain your purchasing power in old age.  Its not a growth product, its really just worth because its so stable.  
Put that into a spreadsheet, 5% of earnings into gold every year for the last 40 years.  I'll do it if nobody else does but Im sure already every period it works for saving value, I'd be surprised to find otherwise.
   Its valued for this stability, inert and a market which never really alters unlike technology which is growth and many redundant products, we have to consider bitcoin might be transitory in a path to greater products
Not saying it was never valid for some years but its possible it ends that way still

Also a chart labelled Macrotrend but showing 4 or 5 years, is an oxymoron  

I see a much larger upside for crypto currencies in general, than I do for gold over the next 5 years

Bitcoin or gold?  I don't really know.  Bitcoin is extremely volatile and gold is not stable too.

I mean, yeah it's great that gold has a very stable price point right now; but you have to think about the implications of what bitcoin is doing and also the fact that bitcoin is still in its very early stages.  Bitcoin is without a doubt the first "digital gold" ever created.  It's finite, and can be sent any where in the world.  Sure bitcoins prices are very very volatile right now, but how would you know what the market price of gold was after, lets say the first 8 years it was discovered.  How much purchasing power did it really have?  How many goats, chicken, cows did it buy per ounce?  The question is meant to be rhetorical, because gold has been around for ever, so there's no telling what the "market price" of gold was when it was first being traded and used as a form of currency.

Sure bitcoin will see huge dips and rises in prices, but we're still around 8 years after "discovering" this new technological advancement.  But does that really mean we should just drop it and keep transacting a finite currency over the internet?  I personally don't think so.

or the new tulip

no it would not drop at any time, there are big investors behind it and plenty of miners who are sustaining the network, if you think that a folk with 100k coins, will let his fortune became worthless you are being naive

they would buy like crazy and start a panic buy, this is another reason why bitcoin will not die so easily, if ever...

Bitcoin is becoming the new gold 

Gold in my opinion is and will always win over the rest as a commodity. Yes even bitcoin because of it's stability.

Bitcoin price can drop at any time, so definetly choose gold. However I would convert 5% to BTC to spend

Everyone had their opinions about bitcoin or gold, but honestly both are important, you can make more money via gold or even Bitcoin, the most important is find your own strategy to earn much profit from them, as for me, just for long term investment, i prefer to choose gold over bitcoin,because investing in gold is not like investing in stocks or even bitcoin. It may take years, even entire decades, to see a return on your investment. And for short term investment including for transaction of course i'll choose bitcoin.

no one can predict the price in the market. if bitcoin affect the market, then the gold investment has moved to bitcoin