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Topic: Bitcoin or Gold? What would you pick? - page 13. (Read 299016 times)

legendary
Activity: 3122
Merit: 1140
October 01, 2016, 10:11:47 AM
Are people going to turn to bitcoin when everything around them falls to shit?
I think they go for the historical and gold drives up faster than you can say "grandma that hurt's"!
Gold translates better on a day to day as opposed to telling some one they just need to wait on downloading that blockchain and then giving them bitcoin in exchange.



Gold is indeed still the safe haven place where people like to store their money in times of crisis and other bad economical situations, but Bitcoin is perfectly capable of doing exactly the same. Both (where I personally prefer Bitcoin) are fantastic store of value tools, I just hope people will realize this too, and not only look at Gold.

Gold is more secure in compared to bitcoin because its more stable in terms of value because the price of gold stays stable for a longer time than bitcoin, while bitcoin is better in terms of profits as the price of it keeps growing with the time which can generate profits to the investors in a shorter time than gold.

In terms of  profits and  short trades we could  make more on  bitcoin  compared to gold  but   you could somehow assure  huge profits on gold on long terms same also in bitcoin. If you do have  enough money to invest both then it would be  the  best idea to have both since  they  have  the potential  to make you more money  in upcoming years.
sr. member
Activity: 672
Merit: 250
October 01, 2016, 10:07:50 AM
Are people going to turn to bitcoin when everything around them falls to shit?
I think they go for the historical and gold drives up faster than you can say "grandma that hurt's"!
Gold translates better on a day to day as opposed to telling some one they just need to wait on downloading that blockchain and then giving them bitcoin in exchange.



Gold is indeed still the safe haven place where people like to store their money in times of crisis and other bad economical situations, but Bitcoin is perfectly capable of doing exactly the same. Both (where I personally prefer Bitcoin) are fantastic store of value tools, I just hope people will realize this too, and not only look at Gold.

Gold is more secure in compared to bitcoin because its more stable in terms of value because the price of gold stays stable for a longer time than bitcoin, while bitcoin is better in terms of profits as the price of it keeps growing with the time which can generate profits to the investors in a shorter time than gold.
sr. member
Activity: 262
Merit: 250
October 01, 2016, 09:54:35 AM
this real and physic gold is long investment and savety saving, because price gold still incrase above inflation
if online trading gold and bitcoin is same
but trading gold in online use forex in MT4 is very high risk
I also think that gold is perfect for long-term investment. Bitcoints more dynamic
I would not recommend spending bitcoin porn. It's big money, which can bring even more when the price rises to bitcoin.
sr. member
Activity: 293
Merit: 250
October 01, 2016, 09:36:37 AM
this real and physic gold is long investment and savety saving, because price gold still incrase above inflation
if online trading gold and bitcoin is same
but trading gold in online use forex in MT4 is very high risk
I also think that gold is perfect for long-term investment. Bitcoints more dynamic
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
October 01, 2016, 05:23:18 AM
Are people going to turn to bitcoin when everything around them falls to shit?
I think they go for the historical and gold drives up faster than you can say "grandma that hurt's"!
Gold translates better on a day to day as opposed to telling some one they just need to wait on downloading that blockchain and then giving them bitcoin in exchange.



Gold is indeed still the safe haven place where people like to store their money in times of crisis and other bad economical situations, but Bitcoin is perfectly capable of doing exactly the same. Both (where I personally prefer Bitcoin) are fantastic store of value tools, I just hope people will realize this too, and not only look at Gold.
If you are looking of the value, gold is no question the better one, but when it comes to investment, we need to evaluate our capacity because investing with gold does not only require a little amount of money because once you have the gold you need to secure it also.
if it's about security,then it's the same as you holding bitcoin,you need to secure both gold and bitcoin,and also gold don't need that high money,you can get gold based on your budget and equivalent to the value of the gold but the profit is terribly low
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
October 01, 2016, 05:14:38 AM
Are people going to turn to bitcoin when everything around them falls to shit?
I think they go for the historical and gold drives up faster than you can say "grandma that hurt's"!
Gold translates better on a day to day as opposed to telling some one they just need to wait on downloading that blockchain and then giving them bitcoin in exchange.



Gold is indeed still the safe haven place where people like to store their money in times of crisis and other bad economical situations, but Bitcoin is perfectly capable of doing exactly the same. Both (where I personally prefer Bitcoin) are fantastic store of value tools, I just hope people will realize this too, and not only look at Gold.
If you are looking of the value, gold is no question the better one, but when it comes to investment, we need to evaluate our capacity because investing with gold does not only require a little amount of money because once you have the gold you need to secure it also.
legendary
Activity: 2170
Merit: 1427
October 01, 2016, 04:58:56 AM
Are people going to turn to bitcoin when everything around them falls to shit?
I think they go for the historical and gold drives up faster than you can say "grandma that hurt's"!
Gold translates better on a day to day as opposed to telling some one they just need to wait on downloading that blockchain and then giving them bitcoin in exchange.



Gold is indeed still the safe haven place where people like to store their money in times of crisis and other bad economical situations, but Bitcoin is perfectly capable of doing exactly the same. Both (where I personally prefer Bitcoin) are fantastic store of value tools, I just hope people will realize this too, and not only look at Gold.
member
Activity: 98
Merit: 10
October 01, 2016, 04:41:50 AM
this real and physic gold is long investment and savety saving, because price gold still incrase above inflation
if online trading gold and bitcoin is same
but trading gold in online use forex in MT4 is very high risk
hero member
Activity: 3010
Merit: 666
September 30, 2016, 10:32:05 PM
I would take the bitcoin because it has a good future and you can do multiple things with it too.
As a example you can do more terms with it, you can invest it as a long term but also as a short term too.
yeah contrast to gold, you might have to make long term investments in gold, especially if modalmu bit, of course you have to wait a long time until the price of gold rises, because the price movements in gold is quite slow

What is this "modalmu bit"? Maybe you should carefully translate your sentence before posting it, we cannot understand it by the way.
sr. member
Activity: 420
Merit: 250
September 30, 2016, 06:02:30 PM
I would take the bitcoin because it has a good future and you can do multiple things with it too.
As a example you can do more terms with it, you can invest it as a long term but also as a short term too.
yeah contrast to gold, you might have to make long term investments in gold, especially if modalmu bit, of course you have to wait a long time until the price of gold rises, because the price movements in gold is quite slow
full member
Activity: 224
Merit: 100
September 30, 2016, 04:32:46 PM
Are people going to turn to bitcoin when everything around them falls to shit?
I think they go for the historical and gold drives up faster than you can say "grandma that hurt's"!
Gold translates better on a day to day as opposed to telling some one they just need to wait on downloading that blockchain and then giving them bitcoin in exchange.

legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
September 30, 2016, 09:05:18 AM
I would take the bitcoin because it has a good future and you can do multiple things with it too.
As a example you can do more terms with it, you can invest it as a long term but also as a short term too.
That's how flexible bitcoin is and that is the main reason why people are loving it because as you said you can make it as an investment both short term and long term and not only that it is also a currency that we can use anytime as long as there is an internet connection.
full member
Activity: 140
Merit: 100
September 30, 2016, 09:04:46 AM
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.
That's great. I agree with you. Gold and bitcoin is not the same, investors who depend on your investment intentions
sr. member
Activity: 322
Merit: 250
September 30, 2016, 07:54:49 AM
I would take the bitcoin because it has a good future and you can do multiple things with it too.
As a example you can do more terms with it, you can invest it as a long term but also as a short term too.
hero member
Activity: 3010
Merit: 666
September 29, 2016, 08:38:37 PM
It is better to diversify its assets : some Gold, some Bitcoin, some natural ressources companies
yeah, you actually need to get both if you want to make as much money as possible because gold is safer
well, if you can afford to invest in gold then you should but if you do have that budget needed you better invest with bitcoin as it is more profitable although risky.
full member
Activity: 173
Merit: 100
September 29, 2016, 07:11:24 PM
It is better to diversify its assets : some Gold, some Bitcoin, some natural ressources companies
yeah, you actually need to get both if you want to make as much money as possible because gold is safer
hero member
Activity: 700
Merit: 500
Massive price drop coming...
September 29, 2016, 06:32:09 PM
well yeah bitcoins are better in many ways than gold, unfortunately with bitcoins you can also lose money

You say it like this is only the case with Bitcoin. With gold you can also lose money. But then again, it's all about whether or not you as a trader/investor have hard enough balls to keep holding in times when the price gets dumped down. If you don't sell any of your coins, or gold, you don't lose a single penny.
Honestly we dont know if the price will go dump or continues increase since we are just normal human we are not fortune teller to know what will be the price of bitcoin if you see you made already profit better to sell and wait again for the price dump or decrease to buy again just to secure your profit. bitcoin or gold are both good to have..
legendary
Activity: 1232
Merit: 1091
September 29, 2016, 06:07:09 PM
well yeah bitcoins are better in many ways than gold, unfortunately with bitcoins you can also lose money

You say it like this is only the case with Bitcoin. With gold you can also lose money. But then again, it's all about whether or not you as a trader/investor have hard enough balls to keep holding in times when the price gets dumped down. If you don't sell any of your coins, or gold, you don't lose a single penny.
hero member
Activity: 770
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
September 29, 2016, 06:02:35 PM
I will choose bitcoins over gold and the reason behind this is that i know about bitcoin pretty well and know different places where i can invest my bitcoins and use it for multiple purpose but gold i dont know what to do anything with them,just holding them i think.
of course bitcoins over gold all the time, bitcoins can actually make you some decent money while gold cannot
well yeah bitcoins are better in many ways than gold, unfortunately with bitcoins you can also lose money
full member
Activity: 223
Merit: 250
September 29, 2016, 03:05:01 PM

I love gold but there is no doubt that holding gold has some problems.

1)Gold is expensive.

One of the main advantages of gold is that it is dense form of wealth.

If you want to carry hundreds of kilos of metal around buy lead or copper.

Maybe I should have specified that my comment was in the context of the thread which is basically Bitcoin vs. Gold, what you say is true but I could literally have all the bitcoins that are ever going to be mined in a trezor wallet in my pocket, so if gold is a dense form of wealth, bitcoin can be even more dense if need it be.
Gold can be stored forever, and not be afraid that this currency will be cheaper. Gold appreciated even in ancient times. A bitcoin can not show such indicators of stability.
Gold can be destroyed by some chemicals, so no, gold will not last forever, gold is a fantastic way to store your wealth but gold has become overvalued and undervalued through history so you are mistaken gold has become cheaper.
Referring to the history and practice. What is the best way to invest using national governments, multinational corporations, banks and the richest people of the world for several hundred years to preserve and increase their capital? Of course, the gold! There's your answer.
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