Bitcoin or Gold? What would you pick? - page 85.

CrimBit

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Quote from: ?? on ??

I would choose gold over bitcoin, looking at the past gold has been more stable and given good returns in long run, where as bitcoin is too risky to invest in.

and i would choose bitcoin over gold, look at the history of bitcoin from first market. highets profit = highest risk. for me bitcoin more safe than gold. also more simple to use it

y8tvkid

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At a moment I would choose bitcoin, as the price of bitcoin is getting higher and if I invest in bitcoin at present then I can earn good profits in short term, so I would go with bitcoin.

bitcrystal

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but i want pick bitcoin over gold because its freedom every can build banks exchanges of it . all can develop it further and its better for deals and make trades

but the true is that both is available and until gold is more available as bitcoin then the ask of bitcoin is higher and vice versa.

all is depently of ask and bid.

what i want to say it that for developers and freedom guys want pick bitcoin over gold but for guys the want a fixxed currency that not goes died then is gold i think the better option because gold longer exists and is resistand and dont need electrity to can survive

best regards

bitcrystal

cooldgamer

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We are the champions of the night

Personally I don't think Bitcoin can even compare to gold... One has uses in real life and will always have some level of demand, one is numbers on a ledger that could become completely useless at any time. No matter how bad the price of gold may fall, it's nothing compared to the volitility that we see in the world of crypto every day.

With all of the uses of gold from electronics to jewelry, I have a hard time seeing it as a worse investment then a digital currency only backed by the community that uses it.

bitcrystal

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gold price is

39,54 USD je 1 g Gold

http://www.finanzen.net/rohstoffe/goldpreis/usd

Gold does not rust. Gold is resistant. You do not need electricity for gold. But bitcoin is more transportable. No need for storage space.
But bitcoin is hackable. Gold you can only steal when you are at the place.
In brief: Why not both depending on the situation!

best regards

bitcrystal

uname

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Quote from: CrimBit on February 29, 2016, 07:07:40 PM

Quote from: sweerty1 on February 28, 2016, 05:48:53 AM

Currently gold is still valuable but in future bitcoin might be gold for all other crypto currencies.

agree with you in future bitcoin will be valuable than gold, i think bitcoin will be number 1 currency, also number 1 market capital in the world.

bitcoin suplly limited and more people need it .

why many people think that bitcoin will replace all existing currency? what it is not too much to ask?

MaxTax

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I would choose for the gold because gold is more stable and cannot collapse, the bitcoin can collapse, you should only invest in the bitcoin for a short term if you are smart, just buy some bitcoins before the halving.
Gold is way better for long term investments because its a primary currency.

tn211

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Bitcoin of course. The value is much higher, and you can spend it also more. And that is very good for me.
You can buy things online very fast and that is quite good. And Bitcoin is also very safe and the online wallets are also very good to use.

Puhi

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Quote from: iram66680 on February 29, 2016, 07:47:00 PM

Since gold is steady at $1200 and bitcoin is on the rise. It is hard to decide which one to back.
Why not have some bitcoin and trade with that and also have gold as a reserve fund to come back too when the times get hard?
Isn't that what most people do that can afford to hold some gold anyways ?

"Gold steady at $1200"?!?! - good joke

iram66680

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Since gold is steady at $1200 and bitcoin is on the rise. It is hard to decide which one to back.
Why not have some bitcoin and trade with that and also have gold as a reserve fund to come back too when the times get hard?
Isn't that what most people do that can afford to hold some gold anyways ?

techgeek

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Quote from: MaxTax on February 27, 2016, 12:17:50 PM

Offcourse I would go for gold. Bitcoin is very young and can't offer you any stability.
I am still afraid that the price just tanks to 1 dollar, which would make us very poor.

its young, but theres lots of potential.

I mean you can see on peoples reactions already before the halving itself, just imagine when we hit the actual hard fork #.

If the prices can beat or equal fiats inflation then we are banking big time.

Yakamoto

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Quote from: CrimBit on February 29, 2016, 07:07:40 PM

Quote from: sweerty1 on February 28, 2016, 05:48:53 AM

Currently gold is still valuable but in future bitcoin might be gold for all other crypto currencies.

agree with you in future bitcoin will be valuable than gold, i think bitcoin will be number 1 currency, also number 1 market capital in the world.

bitcoin suplly limited and more people need it .

A lot of it comes down to if we manage to keep on the same chain and never let a fork developed by a centralised group occur. If it does, Bitcoin will plummet in value, or it will at the very least never be more valuable than gold, regardless of the amount of people adopting it. Bitcoin is founded on decentralization, and if everyone begins to trust a group that has borderline free reign over the source code, it will all be over.

CrimBit

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Quote from: sweerty1 on February 28, 2016, 05:48:53 AM

Currently gold is still valuable but in future bitcoin might be gold for all other crypto currencies.

agree with you in future bitcoin will be valuable than gold, i think bitcoin will be number 1 currency, also number 1 market capital in the world.

bitcoin suplly limited and more people need it .

Hashminers

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I would choose for the gold, because gold is more secure and its one of the currency's that will hold after all currency's will collapse, if you invest in the bitcoin do it for a short term.

its the best thing if you ask me because of that its, and if you want to invest for a long term go for the gold.

Oscoda

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Bitcoin ofcourse. I choose for Bitcoin, because I think that more people will choose for Bitcoin.
But gold is also good and that is nice. But the value is not changing that much and you wont get much profit.

rogie07

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Quote from: shane on February 27, 2016, 06:35:18 AM

Quote from: rogie07 on February 27, 2016, 05:43:59 AM

Gold of course it never changes in value over time than bitcoin it's value changes in a second and also gold is tangible and bitcoin is not...

and if you see the history, bitcoin is the winner
look at the chart start 2010

bitcoin growing very agresif

no bitcoin still loses why? because of it's unstable price yeah it reach it's highest price then suddenly drops from $800 to $200 and it may happen again. but gold it's value is still same and it's the oldest currency since people learned the market and trade..

Amph

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Quote from: markj113 on February 28, 2016, 05:33:34 AM

Quote from: actmyname on February 27, 2016, 04:53:26 PM

Quote from: MaxTax on February 27, 2016, 12:17:50 PM

Offcourse I would go for gold. Bitcoin is very young and can't offer you any stability.
I am still afraid that the price just tanks to 1 dollar, which would make us very poor.

I'm reading this reply in disbelief. Truly, do you have any idea about how prices work? Gold could drop to 1 dollar as well, but that's beside the point. These items have value because there is perceived value behind it. If you're afraid that the price will drop to 1 dollar, you can still sell it right away, as the original post had stated you would walk away with it (and you don't have to keep it in that form). As well as this, it's way easier to sell bitcoins rather than gold (for a lower fee) and although gold seems like it's always valuable, you should realize that bitcoin also has a fairly large backing and community behind it.

Gold has multiple phycial uses and unique chemical properties protecting its value.

Bitcoin is just online currency that can easily be cloned and copied if governments wish to.

it would be just a clone nothing else it won't kill bitcoin, bitcoin is backed by its own technology which i can argue is as valuable as gold

i'm talking about the blockchain

sweerty1

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Presale Starting May 1st

Currently gold is still valuable but in future bitcoin might be gold for all other crypto currencies.

markj113

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Quote from: actmyname on February 27, 2016, 04:53:26 PM

Quote from: MaxTax on February 27, 2016, 12:17:50 PM

Offcourse I would go for gold. Bitcoin is very young and can't offer you any stability.
I am still afraid that the price just tanks to 1 dollar, which would make us very poor.

I'm reading this reply in disbelief. Truly, do you have any idea about how prices work? Gold could drop to 1 dollar as well, but that's beside the point. These items have value because there is perceived value behind it. If you're afraid that the price will drop to 1 dollar, you can still sell it right away, as the original post had stated you would walk away with it (and you don't have to keep it in that form). As well as this, it's way easier to sell bitcoins rather than gold (for a lower fee) and although gold seems like it's always valuable, you should realize that bitcoin also has a fairly large backing and community behind it.

Gold has multiple phycial uses and unique chemical properties protecting its value.

Bitcoin is just online currency that can easily be cloned and copied if governments wish to.

MyBTT

sr. member

Activity: 378

Merit: 250

Quote from: actmyname on February 27, 2016, 04:53:26 PM

Quote from: MaxTax on February 27, 2016, 12:17:50 PM

Offcourse I would go for gold. Bitcoin is very young and can't offer you any stability.
I am still afraid that the price just tanks to 1 dollar, which would make us very poor.

I'm reading this reply in disbelief. Truly, do you have any idea about how prices work? Gold could drop to 1 dollar as well, but that's beside the point. These items have value because there is perceived value behind it. If you're afraid that the price will drop to 1 dollar, you can still sell it right away, as the original post had stated you would walk away with it (and you don't have to keep it in that form). As well as this, it's way easier to sell bitcoins rather than gold (for a lower fee) and although gold seems like it's always valuable, you should realize that bitcoin also has a fairly large backing and community behind it.

That is very true, but at the same time, the price of gold has been steady for a very long time. I wish I could say the same for Bitcoin.

Topic: Bitcoin or Gold? What would you pick? - page 85. (Read 299004 times)