Bitcoin or Gold? What would you pick? - page 44.

randy8777

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Quote from: Ziskinberg on July 21, 2016, 07:39:49 AM

Quote from: oHnK on July 18, 2016, 09:52:32 AM

Quote from: Corenin on July 18, 2016, 09:24:28 AM

Yes bitcoin is the future, and it holds an potential to take over gold in long run as bitcoin involves multiple benefits and gold is only an form of investment.

The potential that you are talking about could always go south. I dont think that bitcoin has the potential to win over gold. It does has the potential to stand on the same height as gold however to win over gold that has stand as strong as of now for thousand of years would be near to impossible

Right now we can say the gold is more precious that bitcoin because it has been proven for a long time and bitcoins is just an internet money with no physical value, but with the help of the majority of the bitcoin believers, anything could happen as we are in the digital world era.

It is just a matter on how the majority has seen this bitcoin even if it is just an internet money but if they see this as a sign of freedom that they can use bitcoin to transact in a decentralized system they will treat this one as a gold.

gold being here for thousands of years doesn't mean it's more precious than bitcoin. and in fact it isn't as gold basically has an unlimited supply that will come above ground in the coming years and the hundreds of years after that. another important thing is that the current gold stash of the world that is made publicly, is not even half of what governments and institutions from different countries have in hidden storage.

Nikolaisom

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I would pick Bitcoin because of the fact that I know Bitcoin much better then that I know gold.
But is also possible to make use of them both.

Ziskinberg

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Quote from: oHnK on July 18, 2016, 09:52:32 AM

Quote from: Corenin on July 18, 2016, 09:24:28 AM

Yes bitcoin is the future, and it holds an potential to take over gold in long run as bitcoin involves multiple benefits and gold is only an form of investment.

The potential that you are talking about could always go south. I dont think that bitcoin has the potential to win over gold. It does has the potential to stand on the same height as gold however to win over gold that has stand as strong as of now for thousand of years would be near to impossible

Right now we can say the gold is more precious that bitcoin because it has been proven for a long time and bitcoins is just an internet money with no physical value, but with the help of the majority of the bitcoin believers, anything could happen as we are in the digital world era.

It is just a matter on how the majority has seen this bitcoin even if it is just an internet money but if they see this as a sign of freedom that they can use bitcoin to transact in a decentralized system they will treat this one as a gold.

oHnK

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Quote from: Corenin on July 18, 2016, 09:24:28 AM

Yes bitcoin is the future, and it holds an potential to take over gold in long run as bitcoin involves multiple benefits and gold is only an form of investment.

The potential that you are talking about could always go south. I dont think that bitcoin has the potential to win over gold. It does has the potential to stand on the same height as gold however to win over gold that has stand as strong as of now for thousand of years would be near to impossible

Corenin

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Quote from: Betwrong on July 18, 2016, 05:54:58 AM

I'd pick Bitcoin because I think that everything is good in its time. Thousands of years people trusted gold and they had their point in the past but now is a new era and Bitcoin belongs to this era perfectly. Gold is still good like any other precious thing but Bitcoin is better because it is more precious now, you just have to understand this.

Yes bitcoin is the future, and it holds an potential to take over gold in long run as bitcoin involves multiple benefits and gold is only an form of investment.

Betwrong

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I stand with Ukraine.

I'd pick Bitcoin because I think that everything is good in its time. Thousands of years people trusted gold and they had their point in the past but now is a new era and Bitcoin belongs to this era perfectly. Gold is still good like any other precious thing but Bitcoin is better because it is more precious now, you just have to understand this.

CryptoBjorn

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Quote from: sirohige on July 18, 2016, 03:37:51 AM

Quote from: BitcoinPC on July 18, 2016, 03:35:01 AM

Quote from: Wowcoin on July 17, 2016, 04:00:43 AM

Maybe i choose bitcoin. For how many years gold value is not growing fast but compare in bitcoin for almost 4 years its getting higher its almost growing 1000× so that bitcoin is a good investment than gold. And bitcoin can use in different way like pay bills, buy goods and bitcoin can you make it cash in easiest way. So i go for bitcoin

I have also same opinion like you, because bitcoin is too much better than gold actually it is better for all of us, and on the other hand, everyone can't handle the gold. i think gold is a business for only jewelers and the bitcoin is a business for everyone, also we can use the bitcoin in a different way like we can pay our bills, online transfer amount and online shopping and so many other benefits of bitcoin.

also the easier for collecting bitcoin make people choose bitcoin than gold, for me having bitcoin as investment is more secure than have a pisychal gold.

If you know how to get gold, gold may be easier for most people, the same applies fif you know bitcoin you know how easy it is go get it.
For me however that is not important, if you pick 1 of them profit is important and bitcoin has a excellent profit ratio.

sirohige

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Quote from: BitcoinPC on July 18, 2016, 03:35:01 AM

Quote from: Wowcoin on July 17, 2016, 04:00:43 AM

Maybe i choose bitcoin. For how many years gold value is not growing fast but compare in bitcoin for almost 4 years its getting higher its almost growing 1000× so that bitcoin is a good investment than gold. And bitcoin can use in different way like pay bills, buy goods and bitcoin can you make it cash in easiest way. So i go for bitcoin

I have also same opinion like you, because bitcoin is too much better than gold actually it is better for all of us, and on the other hand, everyone can't handle the gold. i think gold is a business for only jewelers and the bitcoin is a business for everyone, also we can use the bitcoin in a different way like we can pay our bills, online transfer amount and online shopping and so many other benefits of bitcoin.

also the easier for collecting bitcoin make people choose bitcoin than gold, for me having bitcoin as investment is more secure than have a pisychal gold.

BitcoinPC

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Quote from: Wowcoin on July 17, 2016, 04:00:43 AM

Maybe i choose bitcoin. For how many years gold value is not growing fast but compare in bitcoin for almost 4 years its getting higher its almost growing 1000× so that bitcoin is a good investment than gold. And bitcoin can use in different way like pay bills, buy goods and bitcoin can you make it cash in easiest way. So i go for bitcoin

I have also same opinion like you, because bitcoin is too much better than gold actually it is better for all of us, and on the other hand, everyone can't handle the gold. i think gold is a business for only jewelers and the bitcoin is a business for everyone, also we can use the bitcoin in a different way like we can pay our bills, online transfer amount and online shopping and so many other benefits of bitcoin.

RoommateAgreement

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Bazinga!

Quote from: goldcoinminer on July 17, 2016, 06:50:55 AM

Quote from: Jimbola3 on July 17, 2016, 03:35:43 AM

Quote from: blackmachinegun on July 16, 2016, 06:15:30 PM

Quote from: terman45x on July 14, 2016, 04:42:31 PM

Quote from: PokerFace3 on July 14, 2016, 07:26:16 AM

Quote from: Crazygreek on July 13, 2016, 04:51:38 PM

I think that i am gonna pick bitcoin in this contest because i don't know what to do with gold and how to invest it right. But anyway at my opinion gold is much more profitable as bitcoin.

Even I would choose bitcoin coz I don't have to pay taxes for btc if I earn it but while buying gold we have to pay taxes plus gold can be stolen but its very difficult to have ones bitcoin wallet. And due to scarcity gold have reached its peak while btc is still rising.

Yes investing in bitcoin seems to be good choice at a moment as price will rise in future so if we invest now in bitcoin then it can give us best returns in future.

I thought you did not have to wait too long to be able to get the profit in investment bitcoin yeah it could be excess bitcoin in the appeal of other investments such as gold. if you invest in gold you need a long time to be profitable. different when you invest in bitcoin

yeah bitcoin is very flexible for the investment as due to its liquidity and easy to use/spend but gold can be risky to keep at your home and also not idea to invest in for a short time !

If you are an investor of gold that would already mean that you are a rich person that can safeguard your investment, with bitcoins you don't need to spend for the security because you can just store it online and you just have to make sure you keep all your personal information private.

not really!
what you say is only the case of those who want to buy thousands of dollars worth of gold and keep it in their home in form of gold bars. but you can always invest in gold by purchasing jewleries or there is a website (i don't recal the name) that you can buy it from a legit place and don't get the physical gold but only have it in their safe and only invest in it and take the profit out.

goldcoinminer

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Quote from: Jimbola3 on July 17, 2016, 03:35:43 AM

Quote from: blackmachinegun on July 16, 2016, 06:15:30 PM

Quote from: terman45x on July 14, 2016, 04:42:31 PM

Quote from: PokerFace3 on July 14, 2016, 07:26:16 AM

Quote from: Crazygreek on July 13, 2016, 04:51:38 PM

I think that i am gonna pick bitcoin in this contest because i don't know what to do with gold and how to invest it right. But anyway at my opinion gold is much more profitable as bitcoin.

Even I would choose bitcoin coz I don't have to pay taxes for btc if I earn it but while buying gold we have to pay taxes plus gold can be stolen but its very difficult to have ones bitcoin wallet. And due to scarcity gold have reached its peak while btc is still rising.

Yes investing in bitcoin seems to be good choice at a moment as price will rise in future so if we invest now in bitcoin then it can give us best returns in future.

I thought you did not have to wait too long to be able to get the profit in investment bitcoin yeah it could be excess bitcoin in the appeal of other investments such as gold. if you invest in gold you need a long time to be profitable. different when you invest in bitcoin

yeah bitcoin is very flexible for the investment as due to its liquidity and easy to use/spend but gold can be risky to keep at your home and also not idea to invest in for a short time !

If you are an investor of gold that would already mean that you are a rich person that can safeguard your investment, with bitcoins you don't need to spend for the security because you can just store it online and you just have to make sure you keep all your personal information private.

Wowcoin

hero member

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Maybe i choose bitcoin. For how many years gold value is not growing fast but compare in bitcoin for almost 4 years its getting higher its almost growing 1000× so that bitcoin is a good investment than gold. And bitcoin can use in different way like pay bills, buy goods and bitcoin can you make it cash in easiest way. So i go for bitcoin

Jimbola3

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Quote from: blackmachinegun on July 16, 2016, 06:15:30 PM

Quote from: terman45x on July 14, 2016, 04:42:31 PM

Quote from: PokerFace3 on July 14, 2016, 07:26:16 AM

Quote from: Crazygreek on July 13, 2016, 04:51:38 PM

I think that i am gonna pick bitcoin in this contest because i don't know what to do with gold and how to invest it right. But anyway at my opinion gold is much more profitable as bitcoin.

Even I would choose bitcoin coz I don't have to pay taxes for btc if I earn it but while buying gold we have to pay taxes plus gold can be stolen but its very difficult to have ones bitcoin wallet. And due to scarcity gold have reached its peak while btc is still rising.

Yes investing in bitcoin seems to be good choice at a moment as price will rise in future so if we invest now in bitcoin then it can give us best returns in future.

I thought you did not have to wait too long to be able to get the profit in investment bitcoin yeah it could be excess bitcoin in the appeal of other investments such as gold. if you invest in gold you need a long time to be profitable. different when you invest in bitcoin

yeah bitcoin is very flexible for the investment as due to its liquidity and easy to use/spend but gold can be risky to keep at your home and also not idea to invest in for a short time !

blackmachinegun

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Activity: 532

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Quote from: terman45x on July 14, 2016, 04:42:31 PM

Quote from: PokerFace3 on July 14, 2016, 07:26:16 AM

Quote from: Crazygreek on July 13, 2016, 04:51:38 PM

I think that i am gonna pick bitcoin in this contest because i don't know what to do with gold and how to invest it right. But anyway at my opinion gold is much more profitable as bitcoin.

Even I would choose bitcoin coz I don't have to pay taxes for btc if I earn it but while buying gold we have to pay taxes plus gold can be stolen but its very difficult to have ones bitcoin wallet. And due to scarcity gold have reached its peak while btc is still rising.

Yes investing in bitcoin seems to be good choice at a moment as price will rise in future so if we invest now in bitcoin then it can give us best returns in future.

I thought you did not have to wait too long to be able to get the profit in investment bitcoin yeah it could be excess bitcoin in the appeal of other investments such as gold. if you invest in gold you need a long time to be profitable. different when you invest in bitcoin

Nimbulan

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Quote from: Akupuniard on July 16, 2016, 05:09:27 PM

Gold is much better and trusted, i think that i am gonna pick gold in this contest, but anyway bitcoin is very good for people who know how to earn big money.

well gold has much more stable prices than bitcoins to be honest though i doubt that it is a better currency because with bitcoins you can make more money in a shorter run i think

Akupuniard

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Gold is much better and trusted, i think that i am gonna pick gold in this contest, but anyway bitcoin is very good for people who know how to earn big money.

Bitcotalk

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Quote from: mobilestrike on July 14, 2016, 04:56:15 PM

Quote from: mirakal on July 13, 2016, 11:13:44 PM

Quote from: cambda on July 13, 2016, 06:48:19 PM

Quote from: Crazygreek on July 13, 2016, 04:51:38 PM

I think that i am gonna pick bitcoin in this contest because i don't know what to do with gold and how to invest it right. But anyway at my opinion gold is much more profitable as bitcoin.

Both are good as an investment, and it depends on an individual with which he is more comfortable, bitcoin is good for short term profits and gold can take care in long run.

I believe bitcoins are both good in short and long term investment, if you are a trader you can make money betting on the price fluctuation while if you are a long term investor you will benefit on the rise of price of bitcoins in the long run.

yeah that is right, I am using both the methods, I have my bitcoin and they will be with me for longer and in the meantime I do trade with it so with that I get both the profits, the value increase and the quantity increase of the bitcoin also.

That is a great method to increase the amount of bitcoin in our wallet, without trade we will see our money increasing with the increase in the value of bitcoin but the amount of bitcoin will be the same as it in our wallet. so while holding our coins we also have to trade with them.

PemburuReceh

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If I am going to hold for long term then my choice is Gold and if I am going for short then I will choose from Bitcoin and Gold because Gold is forever and good option for all time.

takingthis4

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Quote from: Dux2K on July 15, 2016, 11:56:45 AM

I remember that there is bitgold site buy sell gold with Bitcoin
only one flaw that it's not many countries supported

yeah, there is such a website though i never use it to be honest because bitcoin is way better than gold in my opinion as you can make way more money with it over time

markj113

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Quote from: deisik on July 16, 2016, 01:16:16 PM

Quote from: markj113 on July 16, 2016, 12:57:38 PM

Quote from: pereira4 on July 16, 2016, 12:47:20 PM

Gold has massive network effect, that's all. Other than that, Bitcoin is better in every sense. Gold is annoying to carry, it deteriorates with time, it can be confiscated by governments... it's a mess.

Why does gold deteriorate with time lol?

It all depends on the time frame. Anything material deteriorates with time, but I think that poster meant something other. That is, that gold coins and gold bars wear out (read lose mass and value) with usage and exposure to the environment...

But gold, indeed, doesn't change (unless you plunge it into aqua regia, of course)

Ive got gold sovereigns over 125 years old that are pretty much spot on weight wise so I dont think we have to worry about that too much.

Topic: Bitcoin or Gold? What would you pick? - page 44. (Read 299004 times)