If you have some BTCs, why not have some Gold too? - page 8.

cramcram21

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Quote from: w5pn73 on September 07, 2017, 09:44:24 AM

Because we cannot trade it digitally like btc, we can't send parts of it to our friends Cool

Yeah this is the most accurate answer,
It is much more easier to trade it and we could split our bitcoin into sats and send to our friends or as a payment for our transaction,

pitiflin

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Quote from: visionfar on September 07, 2017, 09:42:26 AM

They all beautiful.

To be honest I dislike it because I think that it's too over rated, and people sell artificial gold in the name of original gold, but in the case of bitcoin such a thing is never likely to happen. A lot of people own gold bitcoin now because they have been having it since generations and which is why gold is this popular, it's traditional and has been existing for hundreds of years and bitcoin is very much new to the community.

Gabb

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If it were really all about investing in things of value in order to accumulate wealth, you could invest in bitcoins, metals, works of art or real estate. But we are part of a new generation whose greatest interest are the new business schemes based on digital technology. That's why I have no interest in old investment styles and I'm more involved in bitcoin and cryptos in general.

ropyu1978

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all agree the value of bitcoin far exceeds that of gold.

in terms of ease of bitcoin easy to melt without having to go through a complicated mechanism.
different from gold.
excess bitcoin can be traded and get a quick profit.
small sample of gold and bitcoin comparison.

aplistir

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Quote from: Kprawn on September 07, 2017, 09:55:37 AM

Well, the reason why I do not hold any gold is very easy.... "Executive Order 6102" --- Executive Order 6102 is a
United States presidential executive order signed on April 5, 1933, by President Franklin D. Roosevelt "forbidding the
Hoarding of gold coin, gold bullion, and gold certificates within the continental United States". The effect of the order..
*Why would you want to hoard Gold if the government can simply issue a executive order to confiscate it?

The government can also issue an executive order to confiscate all Bitcoins, if they choose to do so.

Would you give your Bitcoins? Probably not. Would you give your gold? Only if you choose to do so.
Not everyone gave up their gold in 1933, even though owning gold was illegal.

bajing

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Quote from: visionfar on September 07, 2017, 09:42:26 AM

They all beautiful.

Well, i think every person have their own choose. it's true both investment are profitable investment but there is some people who not believe with bitcoin and there is some people who not believe with gold too or other reason for who has know bitcoin will choose invest their money in bitcoin because by invest in bitcoin, they can get a lot of profit.

william8829

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Quote from: visionfar on September 07, 2017, 09:42:26 AM

They all beautiful.

One is the standard the other a former standard.

Some have suggested that BTC will replace gold in the coming years. It's not a coincidence that Satoshi used the word mined to describe the process of how BTC are generated. BTCs price has been predicted to explode to $100,000 per coin.

Gold is still useful. Its being used in jewelry and its demand in technology is increasing. If civilization fell tomorrow gold could easily be used again as currency.

Just like gold BTC usefulness does not stop at being a currency. The developers steering BTCs direction have shown they will modify the blockchain to implement new technology like 'smart contracts'. Keeping it relevant for the foreseeable future.

They are both good investments.

Tashi

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Quote from: visionfar on September 07, 2017, 09:42:26 AM

They all beautiful.

I agree that both of those two things are beautiful in their own perspective. Why bother having a gold if you have bitcoins in your wallets? I mean bitcoin's worth is more than gold by now. It surpassed gold this year. And do not forget that we stepped on the 5000 usd per bitcoin. What more if another year will pass? But that is not the end of bitcoin. A person that predicted something on bitcoin and proved right predicted again! He said that this year bitcoin's price would become 10000 usd. How cool is that? So why do you want to buy something that is not worth when you have something that is worth to hodl for. Will gold's price will pump? Just like the nature of bitcoin? Ask yourself. Buy more bitcoins.

iram1011

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Many people have diversified investment plan. Have investments in cryptocurrencies, gold, property and stocks. It depends upon person to person. I too had a hugely diversified portfolio. But now I have majorly shifted to cryptos. They have huge potential and can give huge returns if invested wisely, more than any of the traditional investment asset today with less risk.

visionfar

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Quote from: CryptoBeefy on September 07, 2017, 10:58:53 AM

If i had spare money for gold, it would all go into Bitcoin haha

You are very smart.

CryptoBeefy

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If i had spare money for gold, it would all go into Bitcoin haha

Roboabhishek

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If you have btc then why not have diamonds too ? Grin

funny isn't it ?
Well it depends on the person's mind if he wants to invest in gold or not but i don't think it's a bad idea to invest in gold.

ayeshajum07

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Gold and Bitcoin was good have, for some reason trading Bitcoin was more convenient than trading Gold.

Can you imagine you need process legal documents when in every transaction with Gold. And it was too risky for both parties.

Unlike with Bitcoin, just a few clicks o f your mouse and your done.

I would love to keep Gold as I love Bitcoin

SvenBomvolen

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Investment in gold and bitcoin would be the best option for everyone who have money for cold storage. Bitcoin raised five times from the beginning of the year and it's just amazing progress for bitcoin. People take loans to invest in bitcoin and for now such strategy also works. I don't have much money to invest, but I think cheap altcoin have chance to bring some profit as well, so I'm investing in it.

visionfar

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Quote from: shield132 on September 07, 2017, 10:41:31 AM

... I can mine bitcoin and don't need any rights for that. I can use it online and in real life, it's currency and payment way, both at the same time.

You are a great man, bro, You see the truth, and please accept my worship.

HODLwearz

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Interesting responses here. I wonder what all the people talking about gold regulation think is going to happen to Bitcoin. I mean, it already is happening.

The only real issue with gold is that it is physical. So, if you aren't holding it in YOUR hands then someone else is holding your gold in THEIRS.

visionfar

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Quote from: ewonardo on September 07, 2017, 10:35:46 AM

I have gold, every month i always set aside from profits bitcoin trading to buy gold. because before plunging into the world crypto, i always set aside from salary to buy bitcoin. Then, now it's time for me to save gold. I have all three: work, bitcoin and gold.

Bravo! You will be happy at the last. You have all the Excellent variety support you.
But make sure don't have any stock-market investment. Note the 2008 will coming soon.

subSTRATA

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:^)

Quote from: Rinaze on September 07, 2017, 10:18:50 AM

BTC ultimately aims to replace cash but gold doesn't.

correct. bitcoin ultimately boils down to being an experiment. an experiment that aims to accomplish several things that aren't really mainstream in this day and age: a decentralized currency, not backed by any central government or organization, and a completely digital means of a monetary system, completely separate from a government's legal tender. gold has an established place in today's world as an asset; it's glory days are over.

Quote from: visionfar on September 07, 2017, 10:34:03 AM

Quote from: kunabit on September 07, 2017, 10:26:36 AM

I have both. Diversification Cool

I have much more BTC for reasons stated above--the volatility is what provides me with profit, more so than gold, but I have been accumulating gold in small amounts the past several months for the sole purpose of diversifying.

I am too. Let me hug you well.
I think in the future the Gold will climb onto the 9000USD/ounces.
And Bitcoin at last will flying higher much much more.

when it becomes scarce enough, and if demand for it still exists, it could definitely happen. that all depends though, if gold is still treated as a precious substance in the coming years.

shield132

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Everything depends on investor's aim. For me gold is a good way to invest something in stable but I don't want to so this. Bitcoin is absolutely better choise because profit chanse is very high here, also bitcoin is very changeable that makes trading powerful. I can mine bitcoin and don't need any rights for that. I can use it online and in real life, it's currency and payment way, both at the same time.

esatceza

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Quote from: visionfar on September 07, 2017, 09:42:26 AM

They all beautiful.

Compared to gold, Bitcoin easily translates the value and uses it as a payment method. In gold, we have to convert it into cash to use. In addition, you can use Bitcoin as a gift or send it to anyone you want without transshipment

Topic: If you have some BTCs, why not have some Gold too? - page 8. (Read 3626 times)