Topic: Bitcoin or gold? - page 73. (Read 984448 times)

If you have this much of amount and knowledge that you can buy both the things as well as you can manage both the things in an efficient manner, then there is nothing bad in keeping both. However, I am thinking of investing in bitcoin to be more better option than that of investing in gold.

Gold is not that much profitable investment as bitcoin is. It cannot really help us in having some extra ordinary amount of money.

Gold because its have the real value that increases every month .

In my opinion, of course i will take the gold in real life but bitcoin is also good and risky. It will be always good to pick the gold one for me.

I will choose bitcoin than gold! Bitcoin is full of potential and the price of bitcoin is too volatile. The price of gold is very stable and it is better if we will invest our money in bitcoins than gold because we can earn more money.

In terms of income maybe I prefer bitcoin. It has more stable income than gold. But the only thing missing in bitcoin is its security and longevity that gold has. Although bitcoin has been here for a while where not exactly sure if it will crash.

No I don't, I only believe that bitcoin is the most profitable cryptocurrency so I trust my money on bitcoin.
Even if I can invest with god, I won't still be more aggressive as I am with bitcoin because I know gold is stable which means I have to wait
a longer period to grow my money, while with bitcoin, it has already proven it can pump easily.

Maybe I'll choose gold cause the government in my country is going to ban Bitcoin in the early of next year so it'll be illegal to use and hold Bitcoin so I'll choose Gold only. Gold will never being banned in anywhere and in the future it'll be the same.

I think to choose gold for long term because gold is real and can be directly sold in my opinion bitcoin for short and quite risky.

I think you could combine these two and china is doing ecactly that
Basically a gold baked cryptocurrency
Anyone remember e-gold?

Bitcoin,absolutely.

Gold can't be replaced with Bitcoin because both are having different purposes. Bitcoin is a digital asset, which can be used as a medium of payment. On the other hand, gold is a physical asset which has been used for the past thousands of years as a medium to safely store your wealth. So in future also, gold will maintain its place in our portfolio and it will exist simultaneously with Bitcoin.

Comparing the Two
For hundreds of years, gold has dominated the safe-haven asset arena, and it is yet unknown if Bitcoin presents a real threat. There are some small, but potentially significant differences between Bitcoin and Gold in 2017:

Transparency, Safety, Legality
Gold’s established system for trading, weighing and tracking is pristine. It’s very hard to steal it, pass off fake gold, or otherwise corrupt the metal. Bitcoin is also difficult to corrupt, thanks to its encrypted system and complicated algorithms, but the infrastructure to ensure its safety is not yet in place. The Mt. Gox disaster is a good example of why Bitcoin traders must be wary. In this disruptive event, a popular exchange went offline, and all but stole its users’ Bitcoins, totaling around $460 million. Legally, there are few consequences for such behavior, as Bitcoin remains  difficult to track with any level of efficiency.

Rarity
Gold can continue to be mined, but eventually there will be no more Bitcoin. The algorithm that manages the blockchain rewards miners for verifying and processing transactions, but in as little as 10 years, the supply will run out. This higher level of scarcity means that Bitcoin could have a higher price ceiling than gold and is the most important catalyst for the current speculative bubble.

Bitcoin is a very promising investment, and it proves that this year has risen almost 20x or 2000%, no investment can match the bitcoin so I will make it a top priority to replace gold.

I like bitcoin more than gold because of its unique qualities, bitcoin is crypto currency nobody can steal your bitcoin, bitcoin is to transfer throughout the world while gold transfer need special rule between to state. The rising in value of the bitcoin is more than the rising in the value of the gold. That’s why I like bitcoin instead of gold.

I think bitcoin is more promising as an investment this year and the future, since the last 5 months I invest bitcoin and get big profits, then I'm not interested to invest into another.

If you are keeping big amount of money then Gold is the best choice IMO, it's suitable for big amounts of money as there is less volatility and is more of saving than investing since you will most likely not make profit. BTC is a good short term high risk investment.

In the middle of the year, all the Newspapers wrote, bitcoin price equal to the price of gold, then bitcoin went up to 1350$ per coin, now it costs more over$ 19,000, what kind of gold we can talk)

Earlier this year,I remember when 1 BTC passed one oz of gold. As of 12/16 1 pound of gold is $18,298 and 1 Bitcoin is $19,450. But people will still take gold over a digital coin. Hype has caused it to increase in value.

I think if you want to have more income I recommend for long-term investments using Bitcoin. Gold is also good but slow.

Absolutely right. Gold is nothing but a storage for your wealth, you can not use it (or at least it's not convenient enough) to exchange for stuff/buy things with it.