Bitcoin or Gold? What would you pick? - page 135.

markj113

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Quote from: dodgecharger on August 06, 2015, 02:58:30 PM

Definitely Bitcoin... The problem with gold is that it is manipulated and suppressed by the "powers that be".
They have no such control over Bitcoin.

I think you'll find the are bitcoin equivalents of the "powers that be" e.g exchanges and whales.

No secret that BTC price has been manipulated on a regular basis.

dodgecharger

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Definitely Bitcoin... The problem with gold is that it is manipulated and suppressed by the "powers that be".
They have no such control over Bitcoin.

mearylll

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Quote from: greBit on August 02, 2015, 02:41:44 AM

Quote from: zenitzz on August 02, 2015, 02:34:02 AM

gold is good as an investment
Gold is worth more than the dollar itself, and this is another reasons why it is a better investment. Over the duration of time that you own your gold, it is going to steadily grow and retain its value.

Gold is a classic investment, a lot of people who have not experienced crypto (parents, grandparents) always compliment gold and wish to invest in gold but I would argue about the potential of gold comparatively to bitcoin. There was a reason why gold is no more used in the exchange of goods, its properties do not compliment the features of a true currency and that is the very reason why bitcoin exceeds gold in terms of a mode of currency.

That's true, but still people have more faith in gold as compared to bitcoins, ofcourse parents would definitely choose gold as they don't want to put their money at risk by investing in bitcoins, as some of them even hesitate in using internet, so investing in bitcoin is something wierd for them.

greBit

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Quote from: zenitzz on August 02, 2015, 02:34:02 AM

gold is good as an investment
Gold is worth more than the dollar itself, and this is another reasons why it is a better investment. Over the duration of time that you own your gold, it is going to steadily grow and retain its value.

Gold is a classic investment, a lot of people who have not experienced crypto (parents, grandparents) always compliment gold and wish to invest in gold but I would argue about the potential of gold comparatively to bitcoin. There was a reason why gold is no more used in the exchange of goods, its properties do not compliment the features of a true currency and that is the very reason why bitcoin exceeds gold in terms of a mode of currency.

zenitzz

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gold is good as an investment
Gold is worth more than the dollar itself, and this is another reasons why it is a better investment. Over the duration of time that you own your gold, it is going to steadily grow and retain its value.

Miracal

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Quote from: operrajunk74 on August 01, 2015, 10:13:53 PM

Quote from: foxbitcoin on July 29, 2015, 07:47:39 PM

Definitely Bitcoin. The problem with gold is that it is manipulated and suppressed by the "powers that be". They have no such control over Bitcoin.

That is the only reason why people are saying that they would choose bitcoin over the gold, but we are not aware that what future awaits for us, will bitcoin would be surviving till then, I doubt, and that is the reason most of them choose gold.

People have been choosing gold for the sole reason that they have not seen somebody else around them invest in crypto, atleast not in a good quantity, so they have their doubts and are hesitant to take risks. People who take the most risks are often successful, and even if they fail, failure is the birthplace of success. Regarding 'power and control' by a different class of people, that will always be there. Smart investors will make sure that it is in their favor Wink

roadbits

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Bitcoin has been traded for roughly 5 years. Each year it has significantly increased it's value.
Will it continue? I don't know. But in terms of potential, it has to have much more potential than gold does.

operrajunk74

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Quote from: foxbitcoin on July 29, 2015, 07:47:39 PM

Definitely Bitcoin. The problem with gold is that it is manipulated and suppressed by the "powers that be". They have no such control over Bitcoin.

That is the only reason why people are saying that they would choose bitcoin over the gold, but we are not aware that what future awaits for us, will bitcoin would be surviving till then, I doubt, and that is the reason most of them choose gold.

bitcollins85

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It depends on the amount, in absolute terms and in relative terms in comparison with the rest of my savings. But in general I'd get bitcoins.

nerFohanzo

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Quote from: miketonic on June 11, 2014, 10:12:59 AM

Why not both? Diversification is important.. I'd say gold is more stable, but expected price gains are lower.

Diversification is the best way to get rid of this confusion that which is better investment for the future. Diversifying your investments can minimize your risk at a great level, as you know any one of the product would surely survive in the future. So even if one doesn't work, we can recover our losses from the other product.

torrentheaven

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Quote from: botany on July 30, 2015, 06:52:24 PM

Quote from: foxbitcoin on July 29, 2015, 07:47:39 PM

Definitely Bitcoin. The problem with gold is that it is manipulated and suppressed by the "powers that be". They have no such control over Bitcoin.

Gold cannot be subject to pump and dump because of its huge market cap.
That isn't the case with bitcoins.

Gold is always a better option then bitcoins. Bitcoins users are very less as compared to the Gold, and Gold is more trustworthy, as people are investing in it since a long time, and that is the reason people assume that Gold is the safe investment to make, Older generation doesn't believes in investing in Crypto and the reason is they haven't used it.

botany

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Quote from: foxbitcoin on July 29, 2015, 07:47:39 PM

Definitely Bitcoin. The problem with gold is that it is manipulated and suppressed by the "powers that be". They have no such control over Bitcoin.

Gold cannot be subject to pump and dump because of its huge market cap.
That isn't the case with bitcoins.

gentlemand

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Welt Am Draht

Quote from: foxbitcoin on July 29, 2015, 07:47:39 PM

Definitely Bitcoin. The problem with gold is that it is manipulated and suppressed by the "powers that be". They have no such control over Bitcoin.

Right now Bitcoin's value is likely to be in the hands of a few amateurs. If it looked like becoming anywhere near the size of gold we'd just have a better class of manipulation. That side of things has barely begun.

They may not be able to control the spread of the technology with ease but it's easy enough to keep a market at heel.

foxbitcoin

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Definitely Bitcoin. The problem with gold is that it is manipulated and suppressed by the "powers that be". They have no such control over Bitcoin.

wearepoor

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Quote from: dollarneed on July 27, 2015, 03:26:31 PM

Bitcoin is more risky then gold
so that I'd say long term investation for gold, and short term for btc.
But if in two years bitcoin is widespread, it would probably be the opposite.

Yes and if you look at the current prices then the value of gold is going down, as the demand is less in the market, but still I would choose gold as it is more trustworthy as compared to the bitcoins, and the prices of gold will go higher in the coming period of time.

dollarneed

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Bitcoin is more risky then gold
so that I'd say long term investation for gold, and short term for btc.
But if in two years bitcoin is widespread, it would probably be the opposite.

Alley

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Thinking about buying a couple 1oz gold bars since price is so cheap now.

aakashsangwan

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PUGG.io

Old is gold.
I'll walk with my pockets filled with gold.
Gold will stay for ever but don't know about the bitcoin.

jeffthebaker

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I think the price fluctuation with gold is being blown out of proportion. Gold cannot collapse, it's value is inherent and will always be a store of value. The only possible scenario where gold loses its value is a future where gold can be mass produced, and we are centuries away from this phenomenom.

jjacob

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★Nitrogensports.eu★

Gold seems to be going down day by day.
It is at a five and a half year low now.

Topic: Bitcoin or Gold? What would you pick? - page 135. (Read 298970 times)