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Topic: Bitcoin or Gold? What would you pick? - page 35. (Read 298970 times)

An0nym0us
sr. member
Activity: 303
Merit: 250
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 06:09:05 PM
#2779
Quote from: btvGainer on August 11, 2016, 05:31:56 PM
On any given day I would pick bitcoin over gold.Bitcoin is easy to store even if you have millions of worth of bitcoin.Where would I store gold even if I have 10 kg of it? I can spend bitcoin directly to purchase anything and even sell bitcoin itself

Bitcoin is an investment with multiple benefits attached with it, you can use it for various purposes like trading, online shopping, online transfer etc which is never possible with gold.
btvGainer
legendary
Activity: 854
Merit: 1000
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 05:31:56 PM
#2778
On any given day I would pick bitcoin over gold.Bitcoin is easy to store even if you have millions of worth of bitcoin.Where would I store gold even if I have 10 kg of it? I can spend bitcoin directly to purchase anything and even sell bitcoin itself
opossum
hero member
Activity: 924
Merit: 1000
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 05:26:29 PM
#2777
Quote from: deisik on August 11, 2016, 05:22:37 PM
Quote from: markj113 on August 11, 2016, 04:31:24 PM
Quote from: deisik on August 11, 2016, 09:04:49 AM
Quote from: markj113 on August 11, 2016, 08:50:38 AM
I made a killing on Gold post Brexit vote, enough to fully pay off my mortgage and still have a wad of cash left over.

Now deciding if I should part exchange my porsche 911 on an Audi R8, Aston Martin Vantage or Maserati Gran Turismo.

Who says you cant make any fast money on gold Wink

So what are you doing here instead of wasting time in the company of pretty girls on a sunny beach? They are waiting for you...

And your money

I think my wife would object to that idea Smiley

Buy her some gold, that would make her happy, lol

Yes women love gold as they can hold it physically and I think they are crazy about gold, but same doesn't goes with bitcoin as it can never be touched or can carry physically.
deisik
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Activity: 3486
Merit: 1280
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Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 05:22:37 PM
#2776
Quote from: markj113 on August 11, 2016, 04:31:24 PM
Quote from: deisik on August 11, 2016, 09:04:49 AM
Quote from: markj113 on August 11, 2016, 08:50:38 AM
I made a killing on Gold post Brexit vote, enough to fully pay off my mortgage and still have a wad of cash left over.

Now deciding if I should part exchange my porsche 911 on an Audi R8, Aston Martin Vantage or Maserati Gran Turismo.

Who says you cant make any fast money on gold Wink

So what are you doing here instead of wasting time in the company of pretty girls on a sunny beach? They are waiting for you...

And your money

I think my wife would object to that idea Smiley

Buy her some gold, that would make her happy, lol
markj113
legendary
Activity: 2254
Merit: 1043
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 04:31:24 PM
#2775
Quote from: deisik on August 11, 2016, 09:04:49 AM
Quote from: markj113 on August 11, 2016, 08:50:38 AM
I made a killing on Gold post Brexit vote, enough to fully pay off my mortgage and still have a wad of cash left over.

Now deciding if I should part exchange my porsche 911 on an Audi R8, Aston Martin Vantage or Maserati Gran Turismo.

Who says you cant make any fast money on gold Wink

So what are you doing here instead of wasting time in the company of pretty girls on a sunny beach? They are waiting for you...



And your money


I think my wife would object to that idea Smiley
co5hike
hero member
Activity: 798
Merit: 1000
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 01:21:59 PM
#2774
Quote from: mark coins on August 11, 2016, 10:34:07 AM
I will prefer to invest in both of them to minimize my risk and I am sure either of one will perform well in future which will help me in getting best returns on my investments.

Perfect strategy I guess, and if both of them reach to their potential then it will be a win win for you as you will earn huge profits from it in future.
Frodomaga
sr. member
Activity: 265
Merit: 250
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 01:06:25 PM
#2773
I would pick both.                                                                                                                                                   
mark coins
hero member
Activity: 910
Merit: 1000
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 10:34:07 AM
#2772
I will prefer to invest in both of them to minimize my risk and I am sure either of one will perform well in future which will help me in getting best returns on my investments.
deisik
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Activity: 3486
Merit: 1280
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Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 10:28:05 AM
#2771
Quote from: buyinbtc on August 11, 2016, 10:10:53 AM
bitcoin any time of the day, gold is going to be worthless when bitcoin becomes a worldwide currency used by different countries, that would be really great to be honest

Stop smoking shit. If the preferred means of settling international accounts (the US dollar) fails some day, governments will turn back to the time tested tool, i.e. gold...

That's why all major Central banks keep huge amounts of gold in their vaults
buyinbtc
legendary
Activity: 1008
Merit: 1010
CryptoTalk.Org - Get Paid for every Post!
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 10:10:53 AM
#2770
bitcoin any time of the day, gold is going to be worthless when bitcoin becomes a worldwide currency used by different countries, that would be really great to be honest
deisik
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Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 09:48:48 AM
#2769
Quote from: Corenin on August 11, 2016, 09:44:21 AM
With bitcoin we have an facility even to buy a smaller amount, no need to buy full btc, so you can buy that your wallet allows you and that is not possible with gold.

How is that not possible with gold? Is it not possible in exactly the same way as it is not possible to earn quick profits (or incur fast losses, lol) with gold?



A 2.5g gold bar with London's skyline costs around 0.2 BTC
Corenin
legendary
Activity: 1008
Merit: 1000
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 09:44:21 AM
#2768
Quote from: mirakal on August 11, 2016, 09:37:44 AM
Quote from: ASHLIUSZ on August 11, 2016, 09:22:37 AM
Quote from: umaOuma on August 11, 2016, 08:55:45 AM
Quote from: vero on August 11, 2016, 05:21:55 AM
Quote from: Shibashi Dogemoto on August 11, 2016, 05:02:35 AM
Quote from: madwica on August 11, 2016, 02:27:33 AM
Quote from: tabas on August 11, 2016, 12:34:43 AM
Quote from: NorthPixel on August 10, 2016, 08:10:40 AM
Quote from: markj113 on August 08, 2016, 02:16:51 PM
Quote from: BillyBobZorton on August 08, 2016, 02:11:51 PM
This is indeed pretty good, but being realistic, BTC has way more chances of delivering huge results in the near future. I don't see gold exploding at the rate BTC can easily explode at in the next 3 years.

The problem on this forum is that most people think that bitcoins volatility equals a one way trip to the moon with bitcoins price.  The flip side to extreme volatility is there a chance it could also bomb and people need to remain conscious of that before investing all their wealth into it.

I still think we are very much in the early part of another bull cycle for gold with a lot of upside remaining, I am about to the pull the trigger on another 25 gold sovereigns.

That is true. The bitcoin price is too volatile. For example, the bitcoin price dropped about 25% in one day a few days ago.

Well being volatile of bitcoins price has advantage and disadvantage. But if you are going to think outside the box and you are into risk.
You are going to treat it very good opportunity with bitcoin, we all know know gold has its best and its price is just keep on rising.
Unlike bitcoin, up and down.
If you have a lot of money just invest in Gold but if you do not have more money to invest in gold just stay in bitcoin and collect as much as you can then if you have a lot of earnings in bitcoin then you can invest in Gold in the future.

Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.
you can tell that to those who believe in bitcoin but not with the people who don't believe in the existence of bitcoin for they bitcoin is a game that can give a huge losses.


We will find both type of investors, and they will invest in only that they can trust in long run and they will choose according to their convenience.
Both type of investors are there. Physical gold is heavy and bulky and, despite its history, difficult to transact; payment for goods and services almost always involves the holder converting back to fiat currency. Aside from the physical properties, you could say about Bitcoin, in an increasing number of cases, the merchant that you are dealing with will take Bitcoin directly as payment, this fundamental difference makes bitcoin more convenient than gold.
Bitcoin is the best for now because the price is better and the future getting stronger. Only few investors can actually afford to invest with gold because that needs a serious investment but for the risk takers who love to make money, it is only bitcoin that is possible to them.

With bitcoin we have an facility even to buy a smaller amount, no need to buy full btc, so you can buy that your wallet allows you and that is not possible with gold.
mirakal
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Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 09:37:44 AM
#2767
Quote from: ASHLIUSZ on August 11, 2016, 09:22:37 AM
Quote from: umaOuma on August 11, 2016, 08:55:45 AM
Quote from: vero on August 11, 2016, 05:21:55 AM
Quote from: Shibashi Dogemoto on August 11, 2016, 05:02:35 AM
Quote from: madwica on August 11, 2016, 02:27:33 AM
Quote from: tabas on August 11, 2016, 12:34:43 AM
Quote from: NorthPixel on August 10, 2016, 08:10:40 AM
Quote from: markj113 on August 08, 2016, 02:16:51 PM
Quote from: BillyBobZorton on August 08, 2016, 02:11:51 PM
This is indeed pretty good, but being realistic, BTC has way more chances of delivering huge results in the near future. I don't see gold exploding at the rate BTC can easily explode at in the next 3 years.

The problem on this forum is that most people think that bitcoins volatility equals a one way trip to the moon with bitcoins price.  The flip side to extreme volatility is there a chance it could also bomb and people need to remain conscious of that before investing all their wealth into it.

I still think we are very much in the early part of another bull cycle for gold with a lot of upside remaining, I am about to the pull the trigger on another 25 gold sovereigns.

That is true. The bitcoin price is too volatile. For example, the bitcoin price dropped about 25% in one day a few days ago.

Well being volatile of bitcoins price has advantage and disadvantage. But if you are going to think outside the box and you are into risk.
You are going to treat it very good opportunity with bitcoin, we all know know gold has its best and its price is just keep on rising.
Unlike bitcoin, up and down.
If you have a lot of money just invest in Gold but if you do not have more money to invest in gold just stay in bitcoin and collect as much as you can then if you have a lot of earnings in bitcoin then you can invest in Gold in the future.

Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.
you can tell that to those who believe in bitcoin but not with the people who don't believe in the existence of bitcoin for they bitcoin is a game that can give a huge losses.


We will find both type of investors, and they will invest in only that they can trust in long run and they will choose according to their convenience.
Both type of investors are there. Physical gold is heavy and bulky and, despite its history, difficult to transact; payment for goods and services almost always involves the holder converting back to fiat currency. Aside from the physical properties, you could say about Bitcoin, in an increasing number of cases, the merchant that you are dealing with will take Bitcoin directly as payment, this fundamental difference makes bitcoin more convenient than gold.
Bitcoin is the best for now because the price is better and the future getting stronger. Only few investors can actually afford to invest with gold because that needs a serious investment but for the risk takers who love to make money, it is only bitcoin that is possible to them.
ASHLIUSZ
hero member
Activity: 994
Merit: 502
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 09:22:37 AM
#2766
Quote from: umaOuma on August 11, 2016, 08:55:45 AM
Quote from: vero on August 11, 2016, 05:21:55 AM
Quote from: Shibashi Dogemoto on August 11, 2016, 05:02:35 AM
Quote from: madwica on August 11, 2016, 02:27:33 AM
Quote from: tabas on August 11, 2016, 12:34:43 AM
Quote from: NorthPixel on August 10, 2016, 08:10:40 AM
Quote from: markj113 on August 08, 2016, 02:16:51 PM
Quote from: BillyBobZorton on August 08, 2016, 02:11:51 PM
This is indeed pretty good, but being realistic, BTC has way more chances of delivering huge results in the near future. I don't see gold exploding at the rate BTC can easily explode at in the next 3 years.

The problem on this forum is that most people think that bitcoins volatility equals a one way trip to the moon with bitcoins price.  The flip side to extreme volatility is there a chance it could also bomb and people need to remain conscious of that before investing all their wealth into it.

I still think we are very much in the early part of another bull cycle for gold with a lot of upside remaining, I am about to the pull the trigger on another 25 gold sovereigns.

That is true. The bitcoin price is too volatile. For example, the bitcoin price dropped about 25% in one day a few days ago.

Well being volatile of bitcoins price has advantage and disadvantage. But if you are going to think outside the box and you are into risk.
You are going to treat it very good opportunity with bitcoin, we all know know gold has its best and its price is just keep on rising.
Unlike bitcoin, up and down.
If you have a lot of money just invest in Gold but if you do not have more money to invest in gold just stay in bitcoin and collect as much as you can then if you have a lot of earnings in bitcoin then you can invest in Gold in the future.

Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.
you can tell that to those who believe in bitcoin but not with the people who don't believe in the existence of bitcoin for they bitcoin is a game that can give a huge losses.


We will find both type of investors, and they will invest in only that they can trust in long run and they will choose according to their convenience.
Both type of investors are there. Physical gold is heavy and bulky and, despite its history, difficult to transact; payment for goods and services almost always involves the holder converting back to fiat currency. Aside from the physical properties, you could say about Bitcoin, in an increasing number of cases, the merchant that you are dealing with will take Bitcoin directly as payment, this fundamental difference makes bitcoin more convenient than gold.
deisik
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 09:04:49 AM
#2765
Quote from: markj113 on August 11, 2016, 08:50:38 AM
I made a killing on Gold post Brexit vote, enough to fully pay off my mortgage and still have a wad of cash left over.

Now deciding if I should part exchange my porsche 911 on an Audi R8, Aston Martin Vantage or Maserati Gran Turismo.

Who says you cant make any fast money on gold Wink

So what are you doing here instead of wasting time in the company of pretty girls on a sunny beach? They are waiting for you...



And your money
umaOuma
hero member
Activity: 938
Merit: 1000
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 08:55:45 AM
#2764
Quote from: vero on August 11, 2016, 05:21:55 AM
Quote from: Shibashi Dogemoto on August 11, 2016, 05:02:35 AM
Quote from: madwica on August 11, 2016, 02:27:33 AM
Quote from: tabas on August 11, 2016, 12:34:43 AM
Quote from: NorthPixel on August 10, 2016, 08:10:40 AM
Quote from: markj113 on August 08, 2016, 02:16:51 PM
Quote from: BillyBobZorton on August 08, 2016, 02:11:51 PM
This is indeed pretty good, but being realistic, BTC has way more chances of delivering huge results in the near future. I don't see gold exploding at the rate BTC can easily explode at in the next 3 years.

The problem on this forum is that most people think that bitcoins volatility equals a one way trip to the moon with bitcoins price.  The flip side to extreme volatility is there a chance it could also bomb and people need to remain conscious of that before investing all their wealth into it.

I still think we are very much in the early part of another bull cycle for gold with a lot of upside remaining, I am about to the pull the trigger on another 25 gold sovereigns.

That is true. The bitcoin price is too volatile. For example, the bitcoin price dropped about 25% in one day a few days ago.

Well being volatile of bitcoins price has advantage and disadvantage. But if you are going to think outside the box and you are into risk.
You are going to treat it very good opportunity with bitcoin, we all know know gold has its best and its price is just keep on rising.
Unlike bitcoin, up and down.
If you have a lot of money just invest in Gold but if you do not have more money to invest in gold just stay in bitcoin and collect as much as you can then if you have a lot of earnings in bitcoin then you can invest in Gold in the future.

Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.
you can tell that to those who believe in bitcoin but not with the people who don't believe in the existence of bitcoin for they bitcoin is a game that can give a huge losses.


We will find both type of investors, and they will invest in only that they can trust in long run and they will choose according to their convenience.
markj113
legendary
Activity: 2254
Merit: 1043
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 08:50:38 AM
#2763
I made a killing on Gold post Brexit vote, enough to fully pay off my mortgage and still have a wad of cash left over.

Now deciding if I should part exchange my porsche 911 on an Audi R8, Aston Martin Vantage or Maserati Gran Turismo.


Who says you cant make any fast money on gold Wink
deisik
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 05:36:47 AM
#2762
Quote from: chaser15 on August 11, 2016, 05:27:58 AM
Quote from: Shibashi Dogemoto on August 11, 2016, 05:02:35 AM
Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.

Look like I will disagree to this. Why there are still lots of gold investors today that really sits on bag on money if gold is not that profitable

If we talk about physical gold (and large quantities of it at that) storing gold may even incur losses (expenses), since you just can't save it under the mattress. Big investors (let's call them gold scorpions) buy gold as a hedge, a hedge against almost everything. World wars and revolutions, state collapse and hyperinflation, global famine and aliens invasion, you name it...

Gold is probably the last material thing that will lose value in such circumstances (along with ammo)
chaser15
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 05:27:58 AM
#2761
Quote from: Shibashi Dogemoto on August 11, 2016, 05:02:35 AM
Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.

Look like I will disagree to this. Why there are still lots of gold investors today that really sits on bag on money if gold is not that profitable.

And it's really common for bitcoin users to choose bitcoin over gold since they actually don't have an idea what gold really is.
vero
hero member
Activity: 518
Merit: 500
Re: Bitcoin or Gold? What would you pick?
August 11, 2016, 05:21:55 AM
#2760
Quote from: Shibashi Dogemoto on August 11, 2016, 05:02:35 AM
Quote from: madwica on August 11, 2016, 02:27:33 AM
Quote from: tabas on August 11, 2016, 12:34:43 AM
Quote from: NorthPixel on August 10, 2016, 08:10:40 AM
Quote from: markj113 on August 08, 2016, 02:16:51 PM
Quote from: BillyBobZorton on August 08, 2016, 02:11:51 PM
This is indeed pretty good, but being realistic, BTC has way more chances of delivering huge results in the near future. I don't see gold exploding at the rate BTC can easily explode at in the next 3 years.

The problem on this forum is that most people think that bitcoins volatility equals a one way trip to the moon with bitcoins price.  The flip side to extreme volatility is there a chance it could also bomb and people need to remain conscious of that before investing all their wealth into it.

I still think we are very much in the early part of another bull cycle for gold with a lot of upside remaining, I am about to the pull the trigger on another 25 gold sovereigns.

That is true. The bitcoin price is too volatile. For example, the bitcoin price dropped about 25% in one day a few days ago.

Well being volatile of bitcoins price has advantage and disadvantage. But if you are going to think outside the box and you are into risk.
You are going to treat it very good opportunity with bitcoin, we all know know gold has its best and its price is just keep on rising.
Unlike bitcoin, up and down.
If you have a lot of money just invest in Gold but if you do not have more money to invest in gold just stay in bitcoin and collect as much as you can then if you have a lot of earnings in bitcoin then you can invest in Gold in the future.

Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.
you can tell that to those who believe in bitcoin but not with the people who don't believe in the existence of bitcoin for they bitcoin is a game that can give a huge losses.
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