Bitcoin or Gold? What would you pick? - page 86.

DeDordtenaar

hero member

Activity: 518

Merit: 500

Quote from: shane on February 27, 2016, 07:35:18 AM

Quote from: rogie07 on February 27, 2016, 06:43:59 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

and price down over than 70% within 5 years. The statistics are frightening

rio3233

sr. member

Activity: 434

Merit: 250

Quote from: rogie07 on February 27, 2016, 06:43:59 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...

I agree with you about gold, but for me Gold is for long-term investment. And bitcoin for short-term. I pick both though. gold and bitcoin, but different term.

actmyname

copper member

Activity: 2562

Merit: 2510

Spear the bees

Quote from: MaxTax on February 27, 2016, 01:17:50 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.

MaxTax

sr. member

Activity: 322

Merit: 250

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.

bryant.coleman

legendary

Activity: 3752

Merit: 1217

Quote from: markj113 on February 27, 2016, 10:58:11 AM

I am buying gold as quickly as I can for the last 2 years. Up to xx.x Troy oz's and counting.

If you are having that much gold, then you should not publicize it here. The biggest issue with physical gold is its storage. You can store your gold coins/bars in a safe at home, or a bank locker. But none of the options are 100% safe. And the reason why I said that you should not talk about the volume of your gold holdings is that, in cases of emergencies, the government can seize your assets (including your god holdings). The chances are very low, but even then you should be prepared.

markj113

legendary

Activity: 2254

Merit: 1043

Quote from: bryant.coleman on February 27, 2016, 10:00:01 AM

Quote from: markj113 on February 27, 2016, 08:05:19 AM

Russia and China disagree for a start.

Russia has increased its gold reserves by more than 460 tonnes during the 2009-2015 time period. China has also purchased more than 200 tonnes of gold during the same period. The central banks around the world are increasing their gold hoardings, as they regard the US treasury bonds as a somewhat risky investment for the long-term. The demand for gold is quietly increasing. There will be a major spike in the near future. Be prepared for it. For my part, I am accumulating as much gold as I can.

My comment around China and Russia was in response to the person that said gold is losing its shine.

I am buying gold as quickly as I can for the last 2 years.

bryant.coleman

legendary

Activity: 3752

Merit: 1217

Quote from: markj113 on February 27, 2016, 08:05:19 AM

Russia and China disagree for a start.

Russia has increased its gold reserves by more than 460 tonnes during the 2009-2015 time period. China has also purchased more than 200 tonnes of gold during the same period. The central banks around the world are increasing their gold hoardings, as they regard the US treasury bonds as a somewhat risky investment for the long-term. The demand for gold is quietly increasing. There will be a major spike in the near future. Be prepared for it. For my part, I am accumulating as much gold as I can.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: markj113 on February 27, 2016, 08:05:19 AM

Quote from: masyari on February 27, 2016, 07:53:02 AM

Quote from: rogie07 on February 27, 2016, 06:43:59 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...

agree, the golden age of gold. already running out. bitcoin will be substitutes gold

Russia and China disagree for a start.

russia is regulating bitcoin apparently, and china was never against it, they have 60% of the mining

markj113

legendary

Activity: 2254

Merit: 1043

Quote from: masyari on February 27, 2016, 07:53:02 AM

Quote from: rogie07 on February 27, 2016, 06:43:59 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...

agree, the golden age of gold. already running out. bitcoin will be substitutes gold

Russia and China disagree for a start.

masyari

sr. member

Activity: 330

Merit: 256

Quote from: rogie07 on February 27, 2016, 06:43:59 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...

agree, the golden age of gold. already running out. bitcoin will be substitutes gold

shane

hero member

Activity: 756

Merit: 503

Quote from: rogie07 on February 27, 2016, 06:43:59 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

kacak41

full member

Activity: 196

Merit: 100

Quote from: rogie07 on February 27, 2016, 06:43:59 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...

Yeah, I would choose gold too as I have more faith in gold and it is more stable in compare to bitcoin, so if you invest in gold you can get good profits in long run.

rogie07

member

Activity: 84

Merit: 10

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...

Windpower

hero member

Activity: 532

Merit: 501

Quote from: markj113 on February 27, 2016, 03:17:12 AM

Quote from: Rizky Aditya on February 27, 2016, 01:34:44 AM

Bitcoin is definitely better than gold. Gold isn't going anywhere soon. Bitcoin on the other hand is going to rise in price.

Gold is up 18% this year already and showing the highest gains for last 4 years.

Another example of someone that doesn't know what they are talking about.

Wow. I always though that gold had already reached its full potential. I would choose Bitcoin anyways.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: markj113 on February 27, 2016, 04:28:33 AM

Bitcoin has only one thing going for it - the halving and thats it. There are no other factors driving price.

The increase in global financial troubles have had no impact as there is no major inflow of new money.

If the halving hype fails to deliver bitcoin price will bomb.

If you look at volume traded its dropped right off since December-

well that is the trading volume only on bitstamp, what about the overall volume on all the exchange?

besides this it is known that when there is stagnation the volume is low

but this does not mean that the value will not increase or the interest on bitcoin is lost, it only means that there is low activity on the market

kartaggen

full member

Activity: 224

Merit: 100

Quote from: BitFlyer.jp on February 27, 2016, 01:52:16 AM

Quote from: Rizky Aditya on February 27, 2016, 01:34:44 AM

Bitcoin is definitely better than gold. Gold isn't going anywhere soon. Bitcoin on the other hand is going to rise in price.

This two things can't compared because it is different.
Gold as stock and bitcoin as digital currenCy.
But it is okay if we talk about investment, I have to choose gold for now and only put little money invest in bitcoin.

Yeah its good to invest in both as both are good when it comes to an investment as gold is older and trusted by most people where as bitcoin can give you good returns in short term.

markj113

legendary

Activity: 2254

Merit: 1043

Bitcoin has only one thing going for it - the halving and thats it. There are no other factors driving price.

The increase in global financial troubles have had no impact as there is no major inflow of new money.

If the halving hype fails to deliver bitcoin price will bomb.

If you look at volume traded its dropped right off since December-

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: markj113 on February 27, 2016, 03:17:12 AM

Quote from: Rizky Aditya on February 27, 2016, 01:34:44 AM

Bitcoin is definitely better than gold. Gold isn't going anywhere soon. Bitcoin on the other hand is going to rise in price.

Gold is up 18% this year already and showing the highest gains for last 4 years.

Another example of someone that doesn't know what they are talking about.

well bitcoin was 100%, much better than 18%

this compared to the last stagnant value of 230

markj113

legendary

Activity: 2254

Merit: 1043

Quote from: Rizky Aditya on February 27, 2016, 01:34:44 AM

Bitcoin is definitely better than gold. Gold isn't going anywhere soon. Bitcoin on the other hand is going to rise in price.

Gold is up 18% this year already and showing the highest gains for last 4 years.

Another example of someone that doesn't know what they are talking about.

BitFlyer.jp

member

Activity: 104

Merit: 10

Quote from: Rizky Aditya on February 27, 2016, 01:34:44 AM

Bitcoin is definitely better than gold. Gold isn't going anywhere soon. Bitcoin on the other hand is going to rise in price.

This two things can't compared because it is different.
Gold as stock and bitcoin as digital currenCy.
But it is okay if we talk about investment, I have to choose gold for now and only put little money invest in bitcoin.

Topic: Bitcoin or Gold? What would you pick? - page 86. (Read 298971 times)