Bitcoin or Gold? What would you pick? - page 40.

TReano

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Quote from: fireball4 on July 31, 2016, 09:06:12 AM

Quote from: egghead123 on July 31, 2016, 07:40:23 AM

Probably both gold and bitcoin but dont forget about silver.

why would you want to buy gold and silver while bitcoins is a way better technology and it is the thing that allows people to make big money fast

Gold and Silver have been a great store for value for at least 10.000 years.

fireball4

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Quote from: egghead123 on July 31, 2016, 07:40:23 AM

Probably both gold and bitcoin but dont forget about silver.

why would you want to buy gold and silver while bitcoins is a way better technology and it is the thing that allows people to make big money fast

razor5cl

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I'd probably pick bitcoins simply because it's easier to spend than gold is - I personally don't know any easy way to spend gold other than selling it for a currency and using that, at least with coins I could spend some of it directly, and if there was a lot you could convert it to gold even. I also don't know anywhere you can buy gold with bitcoins easily, although that's probably just a reflection of my ignorance.

deisik

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Quote from: mirakal on July 31, 2016, 06:07:04 AM

Quote from: deisik on July 31, 2016, 04:36:11 AM

Quote from: mindrust on July 31, 2016, 04:23:51 AM

I used to favor bitcoin against gold but changed my mind. You can kill bitcoin or manipulate its price easily but gold is gold. The ancient currency of all times. Try to manipulate its price lower than 1000$, it will never happen.

On the other hand bitcoin can drop lower than its base value (mining cost) overnight. It happened before and there is no reason that it won't happen again. Imagine what would happen if russia or usa bans bitcoin. Nobody can ever ban gold

Gold had already been banned in the US (with the penalty of up to 10 years in jail), so don't be delusional about that

Wow! I didn't know that, I feel bad for the american citizen who cannot avail on the opportunity to invest with gold. And if you care to share may I know the reason why the government bad gold in the US?

You can read more here. The primary reason behind the ban was to remove the limits on how much the Federal Reserve could print money (if no one was allowed to hold gold, no one could be able to redeem the FRS notes for gold)...

Serving America since 1913, lol

egghead123

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Probably both gold and bitcoin but dont forget about silver.

CroSany

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Hm i like now gold more than because if i own les gold ans more btc i have more money because gold worth more than bitcoin but when bitcoin increase own price to bigger than gold i wil more like bitcoin.

mirakal

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Quote from: deisik on July 31, 2016, 04:36:11 AM

Quote from: mindrust on July 31, 2016, 04:23:51 AM

I used to favor bitcoin against gold but changed my mind. You can kill bitcoin or manipulate its price easily but gold is gold. The ancient currency of all times. Try to manipulate its price lower than 1000$, it will never happen.

On the other hand bitcoin can drop lower than its base value (mining cost) overnight. It happened before and there is no reason that it won't happen again. Imagine what would happen if russia or usa bans bitcoin. Nobody can ever ban gold

Gold had already been banned in the US (with the penalty of up to 10 years in jail), so don't be delusional about that

Wow! I didn't know that, I feel bad for the american citizen who cannot avail on the opportunity to invest with gold. And if you care to share may I know the reason why the government bad gold in the US?

deisik

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Quote from: mindrust on July 31, 2016, 04:23:51 AM

I used to favor bitcoin against gold but changed my mind. You can kill bitcoin or manipulate its price easily but gold is gold. The ancient currency of all times. Try to manipulate its price lower than 1000$, it will never happen.

On the other hand bitcoin can drop lower than its base value (mining cost) overnight. It happened before and there is no reason that it won't happen again. Imagine what would happen if russia or usa bans bitcoin. Nobody can ever ban gold

Gold had already been banned in the US (with the penalty of up to 10 years in jail), so don't be delusional about that

mindrust

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I used to favor bitcoin against gold but changed my mind. You can kill bitcoin or manipulate its price easily but gold is gold. The ancient currency of all times. Try to manipulate its price lower than 1000$, it will never happen.

On the other hand bitcoin can drop lower than its base value (mining cost) overnight. It happened before and there is no reason that it won't happen again. Imagine what would happen if russia or usa bans bitcoin. Nobody can ever ban gold.

Gold shines especially in the times of war. Ww3 is coming, that should ring a bell i guess.

Gold, ftw!!

ajun96

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Quote from: zodin on July 30, 2016, 03:49:11 PM

i think i can only pick bitcoin, i do not like gold. my wife oftne demand for gold jewelry she already have some but i am not in favour of gold, i think we are just hanging our money while buying infect i will always give preference to bitcoin but bitcoin is a good source of income and in present time it i a good opportunity to invest in bitcoin,

I think the same as other women's gold jewelry is very beautiful and I megagumi and trust it. you know everyone wants to have gold as your wife? That's what makes the demand for gold is always great and the price of gold is always high. I think gold will always be a necessity and it is a good potential

Kimi80

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My choice would be gold, gold is more stable and I can keep gold for much longer, I think gold will always worth, for bitcoin I cant be sure. I like to feel safe with my money, and I think gold can provide me that more then bitcoins can.

When i give it second thought I would ask them to give me half from both, in that case I would have bitcoins and gold. or if they dont wish to give like that I would make buying by myself. With gold I would have security, and with bit[Suspicious link removed]d investment for the future in case bitcoin really become more expensive then it is now.

zodin

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Quote from: Ziskinberg on July 31, 2016, 03:01:33 AM

Quote from: zodin on July 30, 2016, 03:49:11 PM

i think i can only pick bitcoin, i do not like gold. my wife oftne demand for gold jewelry she already have some but i am not in favour of gold, i think we are just hanging our money while buying infect i will always give preference to bitcoin but bitcoin is a good source of income and in present time it i a good opportunity to invest in bitcoin,

Gold is good but the depends on how you see it, if you see it as a jewelry then you will not make money from it. Gold is a better investment than bitcoins because it is stable and the price is increasing consistently so the future is great if you will hold it.

yes there is no doubt about this that the gold is too stable but it is not right to say that the price of gold is increasing continuously because its price has fall down from 60000 PKR/ 10g to 45000PKR/10g, and the second is that the rate of its price increase is very slow. it will take some years to reach to its position back. but if we talk about bitcoin the price of bitcoin is increasing with a very very high speed.

Ziskinberg

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Quote from: zodin on July 30, 2016, 03:49:11 PM

i think i can only pick bitcoin, i do not like gold. my wife oftne demand for gold jewelry she already have some but i am not in favour of gold, i think we are just hanging our money while buying infect i will always give preference to bitcoin but bitcoin is a good source of income and in present time it i a good opportunity to invest in bitcoin,

Gold is good but the depends on how you see it, if you see it as a jewelry then you will not make money from it. Gold is a better investment than bitcoins because it is stable and the price is increasing consistently so the future is great if you will hold it.

zodin

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i think i can only pick bitcoin, i do not like gold. my wife oftne demand for gold jewelry she already have some but i am not in favour of gold, i think we are just hanging our money while buying infect i will always give preference to bitcoin but bitcoin is a good source of income and in present time it i a good opportunity to invest in bitcoin,

Bitcoinbro

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Quote from: thend1949 on July 30, 2016, 02:33:38 PM

I choose two of them both because they can invest . The gold because it can store and hold even a few years it 's okay because it does not spoil . The bitcoin is also okay because if it increased the next day you can be converted rather more quick income. So it's better that you have two identical because they can invest .

For me both are good because I like to diversify.
Gold being a safe investment and bitcoin being my more risky investment.
Hoping to make profit on both i believe bitcoin will be the true winner.

thend1949

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I choose two of them both because they can invest . The gold because it can store and hold even a few years it 's okay because it does not spoil . The bitcoin is also okay because if it increased the next day you can be converted rather more quick income. So it's better that you have two identical because they can invest .

crairezx20

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Quote from: bestluck on July 30, 2016, 01:23:29 PM

Quote from: crairezx20 on July 28, 2016, 01:16:00 PM

Quote from: Osarman on July 28, 2016, 12:50:03 PM

Bitcoin , because bitcoin is going to rise up its price too much faster than gold and we can get good profit if we hold our bitcoin for some period .

Yeah right the price of bitcoin is faster than gold because of bitcoin is in demand than gold..
Gold is just a jewelry or design unlike bitcoin that we are using it as currency online..

It is right that with bitcoin we will increase our money but I think the demand of gold is more higher than bitcoin, and also there are some traders who are using gold for their trade, but as the gold is sufficiently supplied to all over the world and with that now there is a stability in the price of gold, while the price of bitcoin increases with more adoption by the people,

How you can sure that gold is more higher demand than bitcoin? i think bitcoin is more demand than gold.. because gold is only jewelry.. if you are buying gold it takes a long process before you can get a gold bar as sample.. it needs legal papers..

bestluck

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Quote from: crairezx20 on July 28, 2016, 01:16:00 PM

Quote from: Osarman on July 28, 2016, 12:50:03 PM

Bitcoin , because bitcoin is going to rise up its price too much faster than gold and we can get good profit if we hold our bitcoin for some period .

Yeah right the price of bitcoin is faster than gold because of bitcoin is in demand than gold..
Gold is just a jewelry or design unlike bitcoin that we are using it as currency online..

It is right that with bitcoin we will increase our money but I think the demand of gold is more higher than bitcoin, and also there are some traders who are using gold for their trade, but as the gold is sufficiently supplied to all over the world and with that now there is a stability in the price of gold, while the price of bitcoin increases with more adoption by the people,

KingdomHearts

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Quote from: SaltySpitoon on July 27, 2016, 10:22:17 AM

Bitcoin is more risky than Gold, but Bitcoin has more potential short term profit. Do your research and hedge, and you will probably do well. Its like managing a stock portfolio, have the right ratio of safe investments and high risk high reward investments.

i do not think that bitcoin is risky than gold , anyone can get a big profit from bitcoin than gold because gold price is very stable and we can not get a good profit from gold in short time and bitcoin price move to up very faster and we get a good profit in short time , because large number of people investing their money into bitcoin .

oHnK

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Quote from: tottong on July 30, 2016, 07:50:22 AM

I also have some bitcoin, I hold it for long term invesment.
I'm sure the price will rise for the future and the price will be good after the next block halving

The last block halving made the price pumped into the current price so the next halving could probably be good as well however everything in the world has its own variance therefore the price could be going down as well, the price is predicted to be going down in 6 months or so

Topic: Bitcoin or Gold? What would you pick? - page 40. (Read 299016 times)