I would go with Bitcoins. Both of the options have shifts in prices, but Bitcoin is still (relatively) new and still slightly more volatile. I prefer the exciting route!
Also, transaction fees are pretty nice.
Topic: Bitcoin or Gold? What would you pick? - page 128. (Read 299006 times)
all of them is good
we can mine it, but BItcoin is lower fee to mining it
we can mine it, but BItcoin is lower fee to mining it
The diff is always increased, you need more budget for buy an equipment for mining bitcoin.
with bitcoin you don't worry about the thief who will rob you physically, you just need to make your system secure from any virus/malware.
Why then everyone from Arab sheikhs to Russian oligarchs to Asian tycoons buy US Treasuries which yield an order less than that?
The middle east is backed by USA forces and there is ongoing agreement to retail oil in dollars. They have dollars because its what they get for their main export. Treasuries are seen as very liquid and safe storage, hence government is very keen not to upset this. They could just switch to another asset, if you hold BTC you are basically speculating on dollar weakness and this scenario of treasuries being sold. The ongoing QE creates a false buyer for these assets, its a buyback scheme so they are happy to hold
That was a rhetorical question. But there is no US army stationed in either Russia or China
I think Bitcoin has more potential ... I have to go with bitcoin on this one
all of them is good
we can mine it, but BItcoin is lower fee to mining it
we can mine it, but BItcoin is lower fee to mining it
Gold has an unique utility to it and composition whereas people would argue bitcoin could be duplicated in its idea and also utility worldwide which makes them very different. I agree with the general point of them both having attributed value
The ongoing QE creates a false buyer for these assets, its a buyback scheme so they are happy to hold
Since we are on the modern era, I'll pick bitcoin over gold. I also find bitcoin more convenient compared to gold
Bitcoin is lower cost, more efficient I think so should thrive on quick small usage. Gold in the main is held by large banks which issue notes against its value, most of us dont do that so its bit of a virtual asset to the majorityWhy then everyone from Arab sheikhs to Russian oligarchs to Asian tycoons buy US Treasuries which yield an order less than that?
The middle east is backed by USA forces and there is ongoing agreement to retail oil in dollars. They have dollars because its what they get for their main export. Treasuries are seen as very liquid and safe storage, hence government is very keen not to upset this. They could just switch to another asset, if you hold BTC you are basically speculating on dollar weakness and this scenario of treasuries being sold. The ongoing QE creates a false buyer for these assets, its a buyback scheme so they are happy to hold
bitcoin is not gold,and gold is no a bitcoin, but they both have a good value, dont compare it both,because really different. bitcoin virtual,and gold is real
yeah gold is real but its value is not, in the sense that the actual price is due to speculation, exactly like bitcoin, without a value everything in this world is worth nothing, so it does not matter if one is real and the other is not
what is matter if it is useful for someone or many, and both fullfil this role
i have holdings in both, but i find bitcoin far more exciting. i wouldnt touch much else as a stable investment
You think bitcoin is more stable to hold then your wrong. You see the currently financial system is on the verge of crumbling and stock markets are breaking down. Gold is going up as a safe place to put our investments. I would prefer to put my money in gold rather in bitcoin for next few years investments. Gold can appreciate surely in the long run but bitcoin future is not very clear it is still in the begging stage hence prices can go either way so I prefer to put my long term investment money in gold.
bitcoin is not gold,and gold is no a bitcoin, but they both have a good value, dont compare it both,because really different. bitcoin virtual,and gold is real
I think he is not comparing but he is trying to ask your opinion if given opportunity to you to buy any one from these two then which one you will choose and why?
i have holdings in both, but i find bitcoin far more exciting. i wouldnt touch much else as a stable investment
you say this i assume because you barely see any price movments with gold lol.
The recent plunge of about 10% (with a correction thereafter) ain't a big deal, right?
Yes. 10-20% movement is nothing.
Why then everyone from Arab sheikhs to Russian oligarchs to Asian tycoons buy US Treasuries which yield an order less than that?
i have holdings in both, but i find bitcoin far more exciting. i wouldnt touch much else as a stable investment
you say this i assume because you barely see any price movments with gold lol.
The recent plunge of about 10% (with a correction thereafter) ain't a big deal, right?
Yes. 10-20% movement is nothing.
So what better way outside from gold to make up the cost for per year? real estate? i still think gold and anything related to it like precious metals.. is good.
There is no asset which can be considered as 100% safe. Gold prices are not very stable, as can be seen from the slump in prices during the last 4 years (from $1,800 to $1,100 per oz). Real estate is even more risky. For example, properties in emerging markets such as the United Arab Emirates lost as much as 80% of their value during the great recession of 2008-09.
bitcoin is not gold,and gold is no a bitcoin, but they both have a good value, dont compare it both,because really different. bitcoin virtual,and gold is real
If I have to choose between bitcoin and gold I will choose gold because I believe that gold will store its value for along time but bitcoin I don't know what will happened to it tomorrow !
Since we are on the modern era, I'll pick bitcoin over gold. I also find bitcoin more convenient compared to gold
Investing long term in bitcoin will be more profitable. Today bitcoin is like internet in 90s. Could you live without internet today? I will say no so it's beginning of great bitcoin time.
I like the way you see it but I am not totally convinced about what you say.
I would not go so far I'm sorry: we can not compare the Internet and BTC. With no Internet there will be BTC my friend. The other way around it does not work.
I agree that BTC has a huge potential but we still have to see it.
Anyway, whatever will be I want to be here.
That's for sure.
I would invest both in Bitcoin and Gold.Gold has historical impact and unshakable trust and faith of people throughout the centuries so definitely big part in Gold and some percentage in Bitcoin as this belongs to future.Bitcoin will be valuable in future so it is good investment option.
Investing long term in bitcoin will be more profitable. Today bitcoin is like internet in 90s. Could you live without internet today? I will say no so it's beginning of great bitcoin time.
More bitcoin is traded in a day than gold despite the widespread knowledge of Gold.
That is not factually correct. Some 20 tonnes of gold is being traded on an average day, and it is worth around $700 million. On the other hand, the daily Bitcoin transaction is measured at around BTC200,000, which is worth some $45 million. This means that worth of gold being traded every day is more than 15 times that of Bitcoin.
in that case, I might be wrong because I did not know Gold is traded so much, but I did hear about crude oil being the world's biggest market and the costliest one, with one of the most priciest deals taking place every day. That is the very reason why dollar excels as a currency because of its involvement in buying petroleum, making it a petrodollar. correct?
A pictures paints a thousand words.
The petrodollar is now on its last legs and about die.
that picture says it all LOL.
I mean the small sliver of line is bitcoin.. so its safe to say most are with gold since its the only thing we see as valuable to fight against inflation.
The market showed by the rounded graphic must be interpreted. It is well known that the gold is known since thousand and thousand years. While the bitcoin has only 5 year life. So the people who know gold and the people who known bitcoin cannot be compared. In this way even the capabilities to invest in one or another. The graphic take meaning if the knowledge about both are the same or almost the same. This doesn't tell that investing in bitcoin is better than in gold. Than mean only that this graphic is not correct.
More bitcoin is traded in a day than gold despite the widespread knowledge of Gold.
That is not factually correct. Some 20 tonnes of gold is being traded on an average day, and it is worth around $700 million. On the other hand, the daily Bitcoin transaction is measured at around BTC200,000, which is worth some $45 million. This means that worth of gold being traded every day is more than 15 times that of Bitcoin.
in that case, I might be wrong because I did not know Gold is traded so much, but I did hear about crude oil being the world's biggest market and the costliest one, with one of the most priciest deals taking place every day. That is the very reason why dollar excels as a currency because of its involvement in buying petroleum, making it a petrodollar. correct?
A pictures paints a thousand words.
The petrodollar is now on its last legs and about die.
that picture says it all LOL.
I mean the small sliver of line is bitcoin.. so its safe to say most are with gold since its the only thing we see as valuable to fight against inflation.
Jump to: