Bitcoin or Gold? What would you pick? - page 116.

botany

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Quote from: roadbits on November 07, 2015, 11:33:32 PM

Quote from: thefaucetrunner on November 07, 2015, 11:21:36 PM

Gold, it's clearly more valuable to the masses. Bitcoin has yet to prove its long term financial stability and therefore we all know that Gold is the better option.

Admittedly you can't gamble with Gold, so 90% of this site will never pick gold for that reason Wink

Yes that is true. Gold is surely good for long term investments and its prices are quite stable and moves very slowly. Bitcoin is good for short term profits like few months to year you can make either more profits or you may lose your money also because bitcoins prices move in both direction very fast. I chose both of them to take advantages.

I doubt if many people believe that Bitcoin is a short-term investment. Sure, it is volatile and you can make money in the short-term by trading on this volatility. But the true believers have a long-term long position. They are the "hodlers".

thefaucetrunner

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Quote from: roadbits on November 07, 2015, 11:33:32 PM

Quote from: thefaucetrunner on November 07, 2015, 11:21:36 PM

Gold, it's clearly more valuable to the masses. Bitcoin has yet to prove its long term financial stability and therefore we all know that Gold is the better option.

Admittedly you can't gamble with Gold, so 90% of this site will never pick gold for that reason Wink

Yes that is true. Gold is surely good for long term investments and its prices are quite stable and moves very slowly. Bitcoin is good for short term profits like few months to year you can make either more profits or you may lose your money also because bitcoins prices move in both direction very fast. I chose both of them to take advantages.

That's the way to do it! Bitcoin and Gold combined could prove a very wise investment. Early adopters of BTC and cryptocurrencies are all waiting for stability. There's a very good chance this will never happen!

roadbits

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Quote from: thefaucetrunner on November 07, 2015, 11:21:36 PM

Gold, it's clearly more valuable to the masses. Bitcoin has yet to prove its long term financial stability and therefore we all know that Gold is the better option.

Admittedly you can't gamble with Gold, so 90% of this site will never pick gold for that reason Wink

Yes that is true. Gold is surely good for long term investments and its prices are quite stable and moves very slowly. Bitcoin is good for short term profits like few months to year you can make either more profits or you may lose your money also because bitcoins prices move in both direction very fast. I chose both of them to take advantages.

thefaucetrunner

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Defend Bitcoin and its PoW: bitcoincleanup.com

Gold, it's clearly more valuable to the masses. Bitcoin has yet to prove its long term financial stability and therefore we all know that Gold is the better option.

Admittedly you can't gamble with Gold, so 90% of this site will never pick gold for that reason Wink

torrentheaven

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Quote from: newbitcoins on November 06, 2015, 04:09:23 AM

Quote from: TReano on November 04, 2015, 02:15:14 PM

Bitcoin highly speculative

Gold has been a store a value for thousands for years.

It depends what you want to do with you money.

Bitcoin is highly speculative now and in the near future. When it is used more, the price will stabilize, and become less volatile. It will be similar to gold.

What you are saying that is true but we are here talking about the future investment tool that which product will survive for a longer time and if we compare both than I would pick that gold over the bitcoins as it is very traditional and people have more faith on gold as compared to the bitcoins.

TastyChillySauce00

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Quote from: Ulloa on November 06, 2015, 04:36:56 AM

Well I would chose Bitcoin for sure.

But Bitcoin is not the same as gold. It looks the same because you need to mine it.

But they are not.

its quite different , gold have physical shape ,bitcoin is not, and the mining system very different LOL

zen2

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Bitcoin. Its better than gold. Gold is already scam-medium. The daily traded-gold volume is not available for trade. Its all fraud. They sell and buy more gold than available on world-markets... Same like the fiat... Pump-shit.

You can buy some physical-gold. Sure better than fiat. But BTC is better than both. Just my two cents.

Piltover

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Well I like Bitcoin.

But a real gold well be nice to have.

But Bitcoin is much better and cheaper with transactions. Example giving money to the other country.

Ulloa

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Well I would chose Bitcoin for sure.

But Bitcoin is not the same as gold. It looks the same because you need to mine it.

But they are not.

newbitcoins

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Quote from: TReano on November 04, 2015, 02:15:14 PM

Bitcoin highly speculative

Gold has been a store a value for thousands for years.

It depends what you want to do with you money.

Bitcoin is highly speculative now and in the near future. When it is used more, the price will stabilize, and become less volatile. It will be similar to gold.

bryant.coleman

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Quote from: BlockEye on November 03, 2015, 10:01:40 PM

I'll go for Bitcoin
Gold's price cant increase like Bitcoins increase for the past few days and holding a lot of Bitcoins is easier than holding a lot of Gold in your house.

Bitcoin prices can decrease as well. Volatility can go both ways. It can be an advantage, as well as a disadvantage. Short sellers can make money out of it, but ordinary investors are more likely to lose their capital. And storage issues are there with Bitcoin also. Every year, hundreds of thousands of coins are stolen by the hackers and wallet thieves.

nerFohanzo

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Quote from: extrabyte on November 04, 2015, 02:11:31 PM

Everyone who knows a bit about bitcoin will think to move to bitcoin.

By leaving gold and joining bitcoin as the price is really increasing too much and we should forget gold for now.

I don't think so, Gold is traditional and very popular as compared to bitcoins, bitcoin is just a new born baby if it is compared to gold. People have faith in gold as compared to bitcoins as they are using it since many years and generally people will not trust any crypto as there would be many new cryptos entering into the market in the coming future.

uki

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Quote from: Clint on November 04, 2015, 04:28:49 PM

I'd get bitcoin over gold just because it's current price now, and I see it rising for a while because of buying from Chinese exchanges.

remember what is rising today, may drop tomorrow. Bitcoin is definitely more volatile than gold and for now represents more interesting option, due to possible bigger gains, under the assumption that you are able to accept the risk. talking about the risk, people who bought next to the last ath, back in the end of 2013, didn't call bitcoin profitable, did they?
Gold is more like an insurance for the time of total collapse, when even bitcoin would be hardly acceptable (daily shopping, groceries). Gold is still much more widely accepted than Bitcoin and easier to handle, no matter if you understand how blockchain works.

Clint

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I'd get bitcoin over gold just because it's current price now, and I see it rising for a while because of buying from Chinese exchanges.

TReano

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Bitcoin highly speculative

Gold has been a store a value for thousands for years.

It depends what you want to do with you money.

extrabyte

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Everyone who knows a bit about bitcoin will think to move to bitcoin.

By leaving gold and joining bitcoin as the price is really increasing too much and we should forget gold for now.

hangar18

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Depending on the type of investment, If you want something stable then your choice generally would be to choose gold, but if you can tolerate or want a huge volatibility in the price of the wealth then you will choose bitcoin.

HarryKPeters

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If it is money i need on short term, btc offcourse, else I would go for gold (since the recent btc rise).

Although the halving is coming, so even it would drop there is should still raise in the 1 year term.

Perhaps a reason for other people not to cash out now. I know it is attractive but just don't do it Wink

BigBoy89

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Quote from: xinzark on November 03, 2015, 09:19:05 AM

I will pick bitcoin because it is easy to handle and spend. If we want to send someone payment in decimals like 0.2 then will you go and break your gold in exactly 0.2 size lol Grin

but that is easily possible with Bitcoin

Yes you are right and on top of that you can see the insane price upswing which can give a decent profit if you had invested and bought some bitcoins when the price was low before a month for about 240$, right now it is soaring higher than 450$. I would always go with Bitcoins defending on the current scenarios.

b1gcoiner15

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bitcoin. gold is also good but if i believe otherwise I would not be here!

Topic: Bitcoin or Gold? What would you pick? - page 116. (Read 299006 times)