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Topic: Bitcoin or gold? - page 84. (Read 984448 times)

newbie
Activity: 76
Merit: 0
November 28, 2017, 02:21:40 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.
as i heard about bitcoin few days ago and know about this forum Im so really amaze that there are kind of money like this that are more better than gold.
There are risks for you when you're holding Bitcoin too. Somedays your PC could gets malwares or trojans and BOOM, your Bitcoins are gone.Things are not easy like that with Golds.
member
Activity: 252
Merit: 10
November 28, 2017, 02:18:50 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.
as i heard about bitcoin few days ago and know about this forum Im so really amaze that there are kind of money like this that are more better than gold.
full member
Activity: 322
Merit: 100
November 28, 2017, 02:05:28 AM
I also choose both but, gold doesn't have liquidity. Doesn't at all.
But bitcoin is quite easy to sell and buy. So I prefer bitcoin over gold!
Yes true, both is good and had the advantages of a profitable investment, gold is the most secure and profitable investment today is bitcoin. I will give same portion for both.
Clearly both bitcoin and gold are great venture alternatives however one tends to be superior to the next if them two are weighted in upsides and downsides list. Cryptographic money including bitcoin exist on the web and are virtual monetary forms with better security and have the ability to be exchanged inside seconds starting with one individual then onto the next in any exchange. Additionally, bitcoins have abandoned gold path regarding an incentive since quite a while back.
full member
Activity: 322
Merit: 100
November 28, 2017, 02:01:48 AM
think bitcoin in light of the fact that bitcoin is anything but difficult to get or win simply require a tolerance and hardwork .however gold? I dont thoroughly understand gold yet gold I think gold its difficult to get while bitcoin is simple than gold .in bitcoin if uwant purchase something u can pull back some cash that youll procure in bitcoin
full member
Activity: 193
Merit: 100
November 28, 2017, 01:11:41 AM
Gold truly has been precisely that, a support against calamity or a safeguard to protect riches in dubious financial conditions. The instability showed by Bitcoin is extraordinary when it's on a general upward pattern has it has been for quite a long time, yet everybody overlooks how shocking it was owning Bitcoin at $200 for a year after it was exchanging at $800 and individuals were thinking about whether it could ever observe those highs again.
Other than the fact that you have mentioned here if I am not wrong then Rothschild has all gold of the world. Even if it was not the case gold is very slow in gaining value and that is why it is not a good investment as compared to this Bitcoin is for more profitable and easy to use. Gold is very poor when it comes to transactions.  It takes time and a lot of unnecessary taxation It is better to go with crypto currencies specially Bitcoin.

I think both have their own uniqueness. If you're a rich man who can buy gold, then you buy gold only because we all know that gold investment is definitely profit. But not everyone can buy gold, now the price of gold is very high and be much different from silver. Silver could be the second solution after gold, because silver is needed for various purposes such as the manufacture of electronic goods. Gold and silver prices always go up and never go down (except in some circumstances).

On the other hand, cryptocurrency is a solution for the poor and the middle class. Anyone can invest into Bitcoin by any amount. The more your capital, the more your profit.
sr. member
Activity: 276
Merit: 250
November 28, 2017, 01:01:03 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.
For me I will choose bitcoin because it has a high increase in price as time getting older. I like bitcoin more than gold.
In the event that we think about both the costs of gold and bitcoin (taking standard estimation if there should be an occurrence of gold) gold is a negligible twelve hundred dollars when contrasted with the bitcoin's cost of twenty-five hundred and sixty dollars for every coin. This closes the way that bitcoin is more significant than gold. Another essential factor is that bitcoins can be mined and flow can be accomplished like other customary monetary forms not at all like gold which is consistent all through the world regarding limit and won't increment taking a chance with the component of deficiency.
member
Activity: 115
Merit: 10
November 27, 2017, 11:17:50 PM
Bitcoin!
sr. member
Activity: 756
Merit: 294
November 27, 2017, 07:43:51 PM
bitcoin should not be compared to gold. Bitcoin has now come out on top of gold and is more current. Only the ability to move now should be reduced so that it is a safe haven.


That is right, we should only compare bitcoin and gold or look at it as both a good investment to have and not really seeing which one is better. Currently, bitcoin has gotten the popularity in this technological age but we should not forget the fact that gold has been here for centuries and tested the time to be a good investment as well.
sr. member
Activity: 434
Merit: 250
November 27, 2017, 07:07:35 AM
bitcoin should not be compared to gold. Bitcoin has now come out on top of gold and is more current. Only the ability to move now should be reduced so that it is a safe haven.
full member
Activity: 504
Merit: 101
November 27, 2017, 07:02:25 AM
Thread was opened in 2014. Hope the user which opened this thread got BTC insted of Gold on that time Smiley

People still asking same question and the asnwer is still you can make big profits but BTC is much risky than gold.
full member
Activity: 243
Merit: 101
November 27, 2017, 06:43:11 AM
Gold truly has been precisely that, a support against calamity or a safeguard to protect riches in dubious financial conditions. The instability showed by Bitcoin is extraordinary when it's on a general upward pattern has it has been for quite a long time, yet everybody overlooks how shocking it was owning Bitcoin at $200 for a year after it was exchanging at $800 and individuals were thinking about whether it could ever observe those highs again.
Other than the fact that you have mentioned here if I am not wrong then Rothschild has all gold of the world. Even if it was not the case gold is very slow in gaining value and that is why it is not a good investment as compared to this Bitcoin is for more profitable and easy to use. Gold is very poor when it comes to transactions.  It takes time and a lot of unnecessary taxation It is better to go with crypto currencies specially Bitcoin.
legendary
Activity: 2520
Merit: 1040
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November 27, 2017, 05:56:31 AM
I will choose bitcoin for some reasons. First, if I hold gold it will not change its price but if I hold bitcoin it will change by either increase or decrease. Second is I can travel without any cause of danger with bitcoin because they don't know that I have many bitcoin (I hope I have many bitcoin) but if they know that you are holding gold in your bag, they will try to get it from you and your life will be in danger. I choose bitcoin for me Smiley.
member
Activity: 224
Merit: 11
November 27, 2017, 04:30:00 AM
Both
I'd rather choose bitcoin, because the price of gold is still steady unlike bitcoin everyday the price of bitcoin it became higher. So bitcoin is the best for me..
full member
Activity: 159
Merit: 100
November 27, 2017, 04:22:59 AM
Bitcoin is a good 'short' term high risk investment, as long people buy it and "invest" to it you can benefit from this, but as people understand what bitcoin is and invest their money to an other way you have the risk to lost you fiat.
Gold is the safest investment. In case of way is the only asset that has a value, its physical therefor can be stored in a physical place, it can't be destroyed.
Bitcoin is not safe investment, is a very high risk investment, is a bet game actually.
legendary
Activity: 1484
Merit: 1029
November 27, 2017, 03:13:40 AM
Bitcoin is doing so much better than gold over the last year or two - pretty surprising how well, to be honest =)

Might be worth divesting some BTC into gold to balance out my portfolio
full member
Activity: 476
Merit: 101
November 27, 2017, 02:53:17 AM
Bitcoin is now worthy than gold and its growth just keep on going so I'll be stupid if I will keep gold than bitcoin. Bitcoin will make anyone rich if they invested their savings in it and become a millionare in the future.
hero member
Activity: 910
Merit: 509
November 27, 2017, 02:16:09 AM
Spreading the investments is smart. Never keep all eggs in one basket!
In the present world of technology when there is a lot of influence of internet in our lives, there is no point of relying of gold. Bitcoin is no doubt the best investment and that too at the time when it is helping most of its investors in earning a huge amount of money.

Gold is also a good way of investing your money but it cannot help you in earning of that much profit as you can earn by investing in bitcoin because of its stable market value.
full member
Activity: 344
Merit: 105
November 26, 2017, 07:53:49 PM
It depends on how much savings I have. I would invest 80% in bitcoin, the rest in gold. Since bitcoin is currently growing well.

U
yeah same, i have much more invest in bitcoin than Gold. Becuase i know that bitcoin is a higher much more value and it is a possible to reach the 50k$ i believe that that value is reach by the year of 2025, bitcoin value and the price is now increasing and I have the high amount of the bitcoin it is the reason why I am getting in the bitcoin so I hope the bitcoin will be more high
member
Activity: 1764
Merit: 10
November 26, 2017, 07:21:41 PM
Without thinking, I would have invested all money in gold, because it's much safer, although I would have received less profit, but I would have known for sure that I would get all my money back. Investing in bitcoins it could be, but it is too risky, because anything can happen with bitcoin company or with bitcoin course. It is better always choose what has already been checked by years and not what gives more earnings and has big risk. We need to calculate every moment.
full member
Activity: 311
Merit: 100
November 26, 2017, 07:14:23 PM
I will choose Bitcoin rather than gold. I think about bitcoin as the investment not as currency in traditional way.
In this case both of us are sitting in the same boat because the bitcoin value and the price is now increasing and I have the high amount of the bitcoin it is the reason why I am getting in the bitcoin so I hope the bitcoin will be more high if the people will buy the bitcoin and will hold till the price of the bitcoin will be more than double I have a lot of the bitcoin user friend and they are trusting the bitcoin not the gold because as all of us knows the bitcoin is the most secure currency and the holding of the gold is pretty risky while the bitcoin is the safe way of the investment.
Really? I am sure the risk of holding Bitcoin also high as Gold.
Unless you understand the method to keep safe Bitcoin, there are many people put all their money on exchange, online wallet or even desktop wallet in PC has virus.
yes how else sir because every action has its own risk and for bitcoin
 is very vulnerable with the name of phishing, virus, or so,
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