Bitcoin or Gold? What would you pick? - page 57.

chaosknight

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Quote from: tampazeus on May 24, 2016, 08:00:32 AM

Quote from: jossiel on May 24, 2016, 07:22:15 AM

Quote from: ajun96 on May 24, 2016, 07:08:09 AM

Quote from: amine14madrid on May 23, 2016, 06:46:30 PM

For long term investment,I may take gold but Bitcoin is quite a volatile investment and that makes it an appealing choice for those who want to gain in the short term. I would say gold and bitcoin are going to go up in value since they are both deflationary currencies.

I think bitcoin it is great for long-term investment bitcoin will increasingly spread its wings and will emerge stronger certainly getting the bitcoin prices will further increase. the future price of bitcoin will be high
gold has reached the point of maximum dude

Yes, bitcoin is really great if you are planning to invest for a long term investment, you just need to buy bitcoin today. And hold it for a long time.
Put it to your cold storage wallet and wait for the years to come for you to earn.

If you can really afford to hold it for next 10 years then I think it can be the best investment, just imagine if price reaches to $10k or higher in future, the profits that you are gonna earn from it.

What you are saying can be true, but there are many people who will not hold their coins that long and no one have patience to hold till it reaches to $10k price.

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Quote from: jossiel on May 24, 2016, 07:22:15 AM

Quote from: ajun96 on May 24, 2016, 07:08:09 AM

Quote from: amine14madrid on May 23, 2016, 06:46:30 PM

For long term investment,I may take gold but Bitcoin is quite a volatile investment and that makes it an appealing choice for those who want to gain in the short term. I would say gold and bitcoin are going to go up in value since they are both deflationary currencies.

I think bitcoin it is great for long-term investment bitcoin will increasingly spread its wings and will emerge stronger certainly getting the bitcoin prices will further increase. the future price of bitcoin will be high
gold has reached the point of maximum dude

Yes, bitcoin is really great if you are planning to invest for a long term investment, you just need to buy bitcoin today. And hold it for a long time.
Put it to your cold storage wallet and wait for the years to come for you to earn.

If you can really afford to hold it for next 10 years then I think it can be the best investment, just imagine if price reaches to $10k or higher in future, the profits that you are gonna earn from it.

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Quote from: ajun96 on May 24, 2016, 07:08:09 AM

Quote from: amine14madrid on May 23, 2016, 06:46:30 PM

For long term investment,I may take gold but Bitcoin is quite a volatile investment and that makes it an appealing choice for those who want to gain in the short term. I would say gold and bitcoin are going to go up in value since they are both deflationary currencies.

I think bitcoin it is great for long-term investment bitcoin will increasingly spread its wings and will emerge stronger certainly getting the bitcoin prices will further increase. the future price of bitcoin will be high
gold has reached the point of maximum dude

Yes, bitcoin is really great if you are planning to invest for a long term investment, you just need to buy bitcoin today. And hold it for a long time.
Put it to your cold storage wallet and wait for the years to come for you to earn.

ajun96

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Quote from: amine14madrid on May 23, 2016, 06:46:30 PM

For long term investment,I may take gold but Bitcoin is quite a volatile investment and that makes it an appealing choice for those who want to gain in the short term. I would say gold and bitcoin are going to go up in value since they are both deflationary currencies.

I think bitcoin it is great for long-term investment bitcoin will increasingly spread its wings and will emerge stronger certainly getting the bitcoin prices will further increase. the future price of bitcoin will be high
gold has reached the point of maximum dude

tabas

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Quote from: ngocbkcse on May 23, 2016, 08:23:11 PM

I pick Bitcoin.

You cannot spend that gold directly, you have to sell it and then the salesman takes a cut. You can however spend bitcoin directly.

Well that's for sure you cannot spend gold directly you need to sell it first just like bitcoin, but selling gold would be hard since it has a very high
value. But bitcoin you can just sell it through the exchanging sites instantly.

elyas772

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Quote from: ngocbkcse on May 23, 2016, 08:23:11 PM

I pick Bitcoin.

You cannot spend that gold directly, you have to sell it and then the salesman takes a cut. You can however spend bitcoin directly.

yes maybe it was one of the ease of bitcoin, you can sell directly without complicated. but gold may be a little complicated, and also you have to go out of the house to sell Cheesy

ngocbkcse

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I pick Bitcoin.

You cannot spend that gold directly, you have to sell it and then the salesman takes a cut. You can however spend bitcoin directly.

MTBTT

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Quote from: amine14madrid on May 23, 2016, 06:46:30 PM

For long term investment,I may take gold but Bitcoin is quite a volatile investment and that makes it an appealing choice for those who want to gain in the short term. I would say gold and bitcoin are going to go up in value since they are both deflationary currencies.

I think gold is very support to both (long term and short term) the difference in the risks to be faced. short term in bitcoin have a greater risk. maybe people will prefer the short term your choice?

goldcoinminer

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Quote from: amine14madrid on May 23, 2016, 06:46:30 PM

For long term investment,I may take gold but Bitcoin is quite a volatile investment and that makes it an appealing choice for those who want to gain in the short term. I would say gold and bitcoin are going to go up in value since they are both deflationary currencies.

In order for you to invest in gold, you need to have an amount that is equivalent to its current market value price and we are speaking of a decent amount, while bitcoins you can start investing even at a minimum amount of $10 so that's the big difference. Bitcoin for me.

amine14madrid

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For long term investment,I may take gold but Bitcoin is quite a volatile investment and that makes it an appealing choice for those who want to gain in the short term. I would say gold and bitcoin are going to go up in value since they are both deflationary currencies.

elyas772

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Quote from: jamesl22 on May 23, 2016, 10:27:12 AM

Quote from: richardsNY on May 23, 2016, 10:17:20 AM

Quote from: phreaky on May 23, 2016, 10:13:16 AM

I would pick the bitcoin above gold because you have to wait a long time with gold before you can gain a lot of profit otherwise its not worth it to invest in the gold.

It depends on what you consider to be a long time. When it comes to traditional investments people are happy if they get a return of around 10% in a single year. I know that a lot people in Bitcoin aren't happy at all with just a 10% increase in a year, but it just shows how spoiled we are.

We cannot expect best returns in one year time, every investment needs specific time, you need to hold your coins at least for next 5 years to get good profits.

yes you are right, it is usually a good investment requires a long period of time. hold coins for 5 years was nice, but the way you collect as much as possible and not just buy and then hold. because this would be a good way less.

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Quote from: richardsNY on May 23, 2016, 10:17:20 AM

Quote from: phreaky on May 23, 2016, 10:13:16 AM

I would pick the bitcoin above gold because you have to wait a long time with gold before you can gain a lot of profit otherwise its not worth it to invest in the gold.

It depends on what you consider to be a long time. When it comes to traditional investments people are happy if they get a return of around 10% in a single year. I know that a lot people in Bitcoin aren't happy at all with just a 10% increase in a year, but it just shows how spoiled we are.

We cannot expect best returns in one year time, every investment needs specific time, you need to hold your coins at least for next 5 years to get good profits.

richardsNY

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Quote from: phreaky on May 23, 2016, 10:13:16 AM

I would pick the bitcoin above gold because you have to wait a long time with gold before you can gain a lot of profit otherwise its not worth it to invest in the gold.

It depends on what you consider to be a long time. When it comes to traditional investments people are happy if they get a return of around 10% in a single year. I know that a lot people in Bitcoin aren't happy at all with just a 10% increase in a year, but it just shows how spoiled we are.

phreaky

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I would pick the bitcoin above gold because you have to wait a long time with gold before you can gain a lot of profit otherwise its not worth it to invest in the gold.

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If you're picking only between these two investments then you're clearly not too bright. You need to diversify a hell of a lot more than 2 investments. You'll never get rich with a gold investment and Bitcoins are still very risky. What about the million other investments? Kind of a stupid question. Would you invest in Microsoft stock or USD? Well one is a currency... so... -.-

Dwelach

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Quote from: STT on April 26, 2014, 03:09:52 PM

I'd say they are both currency proxies. Its a legitimate comparison. Tell me why are you buying gold especially if you are neither a jeweller or wanting to wear it personally. Same criticism gets handed to BTC, what the heck is all this bother about a useless hash code. Both are highly valued but valueless, useless even products.

Also there is some gold on the usb key and on the motherboard I think Tongue

Im jealous of those Chinese language skills, I'd argue thats the most valuable product in the video

if you want to make a statement you dont need to say that you would pick something because everyone does. You just need to say what you want to to and i say you can better use gold because the bitcoin is to new.

DuckKeeper

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Quote from: PhoneBloks on April 28, 2014, 04:16:47 PM

Gold has more than 5000 years reputation of value holder
Bitcoin has been born 5 years ago.

Gold owner has problem sell gold immediately.
Btc can be sold in a minutes.
Gold cant be falsificated
Btc can be stolen from your wallet easily
Gold is not easily dividable
Btc can be dividable into satoshi ..

...

There are plenty of pros and cons .... everyone has differnet opinion. Depends on what you personaly want and what suits you better Wink

Decide wisely

you have such a good points but i dont think there are so many paeople who thinks like you. So dont make it to difficult for them and just say its better to use gold because the coin isn't secured enough.

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Quote from: Cast12 on May 22, 2016, 10:57:24 PM

If I was giving a choice between bitcoin or gold. I'd choose bitcoin because I could sell it faster. I could also transfer bitcoin more easier than gold.

Same here, I will also choose bitcoins because it is important in my life. With bitcoins around I able to spend my spare time in gambling with the use of bitcoins. With it, I can also invest in different online gambling sites, and even just store it in my wallet and hoping that in the future as what majority has expected the halving effect will increase the price substantially.

Cast12

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If I was giving a choice between bitcoin or gold. I'd choose bitcoin because I could sell it faster. I could also transfer bitcoin more easier than gold.

goldcoinminer

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Quote from: harizen on May 22, 2016, 06:44:20 PM

Quote from: Marbit on May 22, 2016, 06:11:27 PM

Actually now the situation will make to do something,if the Bitcoin is more valuable then gold people will go to invest money to that,if somebody think that is risky to invest money then they will never go for invest their money to them, I think here is nothing risk to invest your money to bitcoin with more profit.

If bitcoin will be more valuable it's now having more sense to take bitcoin as part now of your financial ways to make money alongside with gold.

Also any investment in any form always associated with risk.

Investing always involves risk as we do not see and hold the future, by investing in gold you need a lot of money to have a profit in the future and it has only limited usage if you feel it has. While, on the other hand bitcoins is very useful that can be part of our daily transactions in life involving our finances.

Topic: Bitcoin or Gold? What would you pick? - page 57. (Read 299004 times)