Topic: BTC vs Gold?? - page 5. (Read 1094 times)
I am very curious about your question,what is your purpose of comparing btc with gold? . Because both of theme are different, i know both it same for investment, but there's different system. Okey i'll try to answer it. If i have a lot money i will choose gold. Because gold never end. But bitcoin maybe some day will end. That's if you compare gold with bitcoin.
I never invested in gold. It seems to me that it is very difficult and not profitable. I know for sure that gold will not bring me as much profit as a crypto currency.
I always invests in bitcoin even gold was also talked about. The same here, I always prefer bitcoin than gold because of bitcoin is easy to use with, more functions that users can easily cope up. It seems btc and gold are always been comparing by others if they can afford to have both why not.
switch to digital gold -> btc
I choose Bitcoin than Gold, why? because now technology is the base of this life (I think) and Bitcoin have that, so Bitcoin is nice asset for future
It should be noted that Bitcoin is a digital currency that is subject to a strong and lightning growth, while gold, performs a completely different function in the world.
But, can BTC survive in the next 10 or 15 years.
It will survive for more than those years. We are on the 1990's where internet is starting to become popular.The same time where crypto's are starting to gain popularity and recognition from the world that this is a major investment from now on.
Imagine if you have $ 1M, Which one you want to choose?
$100,000 to gold.$100,000 to real estate
$500,000 to crypto.
The rest goes to my bank.
I never invested in gold. It seems to me that it is very difficult and not profitable. I know for sure that gold will not bring me as much profit as a crypto currency.
Bitcoin will take the place of gold in the coming months. I absolutely believe it. Later governments will use blockchain and go digital. It needs to be based on a source of money that is printed as it is now. This will certainly be bitcoin.
I choose bitcoin, because crypto currency can bring me much more profit than investing in gold. Besides, I do not know how I can buy gold. Perhaps this is much more difficult than buying a crypto currency.
both are very good options and are revalued every year, the difference between them is that gold has a more stable market price than bitcoin. BTC varies a lot, which generates a risk and gold has small changes that help maintain the value of your investment. but my choice would be towards the BTC
both bitcoin and gold have been applied to a certain price by a person on certain parameters. One way or another, you can feel the gold, hold it in your hands, and you will never be able to see or touch bitcoin. However, both gold and cryptocurrency can kill and maim.
The bitcoin will later relocate to another coin place. but this coin is hard to predict. I think ethereum is the biggest candidate for this.
Bitcoin will continue on this market for a longer time. a altcoin that can replace it is not currently available. it may be after a very long time.
Gold and silver are always safe. But not rich. BTC and the crypto provided us with dreams.
I agree that gold is more stable, and over the past 15 years it has shown stable growth, but Bitcoin also grows, but several times faster.
Invest in GOLD is low risk and investment of BTC is high risk.
it's up to you, if do you like the high risk you can choose of BTC and possible can get a lot of profit than GOLD.
it's up to you, if do you like the high risk you can choose of BTC and possible can get a lot of profit than GOLD.
But what about the other precious and rare metals like Silver, Platinum, and Palladium? There are also being made into precious items nowadays. I would also prefer to have not just gold but also these other precious and rare metals.
Such as, in Zimbabwe, there are gold assayers in every market. It is easy to transact in gold.
In the on-line sphere, it is easy to move bitcoin, and next to impossible to move gold (well, you could use gold-money, but you give up holding your own gold)
So, these values really depend on the environment.
However, in the future, there will be more important things on your lists. And they will trump everything. Basically, their weighting will be x10.For instance, imagine the world figures out how bad $oros really is. I mean, like they figure out that he is the cause of 1 in 10 children having autism, by his direct actions. And that he has caused all people to lose $10,000 personally, and... So, he becomes a living Hitler.
And $oros pays his private guard (army) in gold, because they won't accept anything else (like The US$, which is gone) and the towns people see this, and decide to not accept gold, because the gold comes from $oros.
GoldBitcoin
From $oros -100 Not from $oros +10
And there will be more important things,
such as verification of sending, automatic escrow, complete traceability end to end, or complete anonymity, etc.
In the on-line sphere, it is easy to move bitcoin, and next to impossible to move gold (well, you could use gold-money, but you give up holding your own gold)
So, these values really depend on the environment.
However, in the future, there will be more important things on your lists. And they will trump everything. Basically, their weighting will be x10.For instance, imagine the world figures out how bad $oros really is. I mean, like they figure out that he is the cause of 1 in 10 children having autism, by his direct actions. And that he has caused all people to lose $10,000 personally, and... So, he becomes a living Hitler.
And $oros pays his private guard (army) in gold, because they won't accept anything else (like The US$, which is gone) and the towns people see this, and decide to not accept gold, because the gold comes from $oros.
GoldBitcoin
From $oros -100 Not from $oros +10
And there will be more important things,
such as verification of sending, automatic escrow, complete traceability end to end, or complete anonymity, etc.
There is absolutely nothing wrong with holding both, I think that what will happen if precious metals and cryptocurrency gain dominance again in the modern world we'll be using gold and silver for local trading amongst communities and cryptocurrencies for global trading so you don't have to worry about shipping gold and silver everywhere to people you want to pay.
Both are great. Gold have one advantage, that it is a "stable money" for 5000 years. Also it is manipulated by big banks, so true value is much higher. On the other hand we live in digital world and Bitcoin rocks. If monetary system collapse, it is always good to have some gold. Even one of the best investors of all time Ray Dalio, saying that everyone should have at least 7% of all assets in gold.
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I tried to sell a few of my Silver Rounds and they told me they would not take them because they had been getting too many fakes.. You don't have that problem with Bitcoin (or any cryptocurrency).
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Well then what about BITCOIN GOLD! lol jk jk but yeah gold is nice but one key factor you might be missing is percent increase over history. Bitcoin continues to climb year after year if not month after month that puts real gold in the pits when you look at it from an investment standpoint. Even if you invested in bitcoin for a month you could buy more gold then you could the month before.
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