Topic: Is gold better than Bitcoin? - page 29. (Read 42166 times)
I have bracelet, ring and necklace which are all gold. It is helpful during times when there is nothing more to get from your wallet. Emergencies can happen anytime and gold is a fast way to get some cash. Just simply pawning it or selling it can make you some paper money. It is different than bitcoin.
honestly very difficult to choose between them. but if I want to invest in a short period of time then I would choose bitcoin.
but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
gold is still seen as some sort of safe haven, but that doesn't mean bitcoin is only interesting as a short term investment. you can have seperate purposes when you invest in bitcoin. you can choose to save a certain amount of coins for the long term, and a certain amount as a short term investment. it will bring you the best of both worlds without you needing to go for one of the two.
honestly very difficult to choose between them. but if I want to invest in a short period of time then I would choose bitcoin.
but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
Gold may double your capital in long run like after 10 or 15 years whereas bitcoin will multiply your total capital amount in 10 times as per previous returns of bitcoin investments. So, choosing bitcoin must be must be a wise decision here regardless of your target of short or long term returns expectations.but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
Yeah and bitcoin is an risky investment to make as no one is assured what will happen in future with it and what price it would be holding, and only time can show us what exactly gonna happen.
honestly very difficult to choose between them. but if I want to invest in a short period of time then I would choose bitcoin.
but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
Gold may double your capital in long run like after 10 or 15 years whereas bitcoin will multiply your total capital amount in 10 times as per previous returns of bitcoin investments. So, choosing bitcoin must be must be a wise decision here regardless of your target of short or long term returns expectations.but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
For now, gold is still better than bitcoin. It is more easier to sell gold to anybody. Everybody knows about gold unlike bitcoin but there will come a time that people will run after bitcoin like gold. 
How did you say so? that gold is better than bitcoin ? for me its hard to find bitcoin you need to mine it in mountain or what ever place you called it in bitcoin is much more easier to find in internet and you could just easy to sell it too in exchange website so for me bitcoin is much more better than gold. legendary
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honestly very difficult to choose between them. but if I want to invest in a short period of time then I would choose bitcoin.
but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
Gold may double your capital in long run like after 10 or 15 years whereas bitcoin will multiply your total capital amount in 10 times as per previous returns of bitcoin investments. So, choosing bitcoin must be must be a wise decision here regardless of your target of short or long term returns expectations.but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
honestly very difficult to choose between them. but if I want to invest in a short period of time then I would choose bitcoin.
but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
Gold may double your capital in long run like after 10 or 15 years whereas bitcoin will multiply your total capital amount in 10 times as per previous returns of bitcoin investments. So, choosing bitcoin must be must be a wise decision here regardless of your target of short or long term returns expectations. but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
At this point in my opinion, we cannot compare bitcoin to gold. In terms of history and trust. Gold had already established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose. While gold had been around for centuries and proven it's worth already.
In that case, I would choose gold if I have been given a chance between the two.
And I think gold is more of "limited" than bitcoins where it can be mined.
Gold can be mined as well, but not as vast as bitcoin.
Yes but you forget that the total number of Bitcoins that can be mined is not really immutable. The 21 million is an arbitrary, self-imposed limit, if one day the Bitcoin community decides that more Bitcoins is desirable, a simple change in the code could increase this limit. Whereas gold rarity is not dependent on human whim.
honestly very difficult to choose between them. but if I want to invest in a short period of time then I would choose bitcoin.
but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
but when I want to invest in the long term then I would choose gold. all of it in accordance with our conditions.
Gold will remain better than Bitcoin until the time comes that purchasing Bitcoin can be done in normal ways such as with a credit card. I know there are a few options to do this but they are in no way ideal, I don't want to create an account at an exchange are be charged huge fees. I simply want to go to a site, choose the amount to buy, enter CC details and it's done.
The very thing holding Bitcoin back is the mind set and mentality of the vast majority of its users. I do like Bitcoin and see the potential but ease will always win out in the end. Having to do a bank transfer to buy Bitcoin is a huge hassle and not secure. I still believe in the old adage of 'buyer beware' so I will secure myself as a buyer. If I became a seller I would expect buyers to take on the same approach, as a buyer it's your risk not mine.
The very thing holding Bitcoin back is the mind set and mentality of the vast majority of its users. I do like Bitcoin and see the potential but ease will always win out in the end. Having to do a bank transfer to buy Bitcoin is a huge hassle and not secure. I still believe in the old adage of 'buyer beware' so I will secure myself as a buyer. If I became a seller I would expect buyers to take on the same approach, as a buyer it's your risk not mine.
I think for now gold is better than bitcoin because gold has already established a track record and people know what is gold and that it can protect them or its like an insurance for them if they have money problems, they can always sell the gold in exchange for fiat and it has higher value than bitcoin. But when bitcoin will be of higher value than gold and it would be more popular then it would be better than gold because you can carry it wherever you want and no one knows that you have a lot of money since its anonymous.
At this point in my opinion, we cannot compare bitcoin to gold. In terms of history and trust. Gold had already established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose. While gold had been around for centuries and proven it's worth already.
I agree with you. Gold is known by all people since long time ago and every people in the world will know what is gold, in the other hand bitcoin is still "new", because many people still don't know what is bitcoin. I think gold is far better than bitcoins.
At this point in my opinion, we cannot compare bitcoin to gold. In terms of history and trust. Gold had already established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose. While gold had been around for centuries and proven it's worth already.
In that case, I would choose gold if I have been given a chance between the two.
And I think gold is more of "limited" than bitcoins where it can be mined.
Gold can be mined as well, but not as vast as bitcoin.
At this point in my opinion, we cannot compare bitcoin to gold. In terms of history and trust. Gold had already established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose. While gold had been around for centuries and proven it's worth already.
In that case, I would choose gold if I have been given a chance between the two.
And I think gold is more of "limited" than bitcoins where it can be mined.
Gold can be mined as well, but not as vast as bitcoin.
You cant really compared a precious metal to a digital currency they are different in many ways. Somehow they have competition and could able to compare it in terms of value which somehow have similarities and differencies. Bitcoins price moves fast while on gold it may rise also but it takes time.
At this point in my opinion, we cannot compare bitcoin to gold. In terms of history and trust. Gold had already established its value in the market while bitcoin is just starting to establish, it hasnt even rooted it's foundation yet in terms of government trust and economic purpose. While gold had been around for centuries and proven it's worth already.
In that case, I would choose gold if I have been given a chance between the two.
And I think gold is more of "limited" than bitcoins where it can be mined.
Gold can be mined as well, but not as vast as bitcoin.
I don't think so if you hold gold for like even years price will be in same range around where as price of bitcoin can get pumped hard within same time period as well as price of bitcoin is growing in like straight line with time in last few years.
Are you sure in last few years Bitcoin prices are growing in a straight line? Just check a couple of years back prices of bitcoin, you will come to know it is very volatile compared to gold prices. Bitcoin prices went from a couple of hundreds to 1000+ and returned to a couple of hundred, and now only prices are bit study.
If we talk a long term investment maybe i go for gold because gold have a good value and many people collecting gold for their personal used. You can keep it fo a long long time. Bitcoin is good too but in a short term because bitcoin is not safe for a long investment any time the price of bitcoin it can be drop. So much better gold for long investment than bitcoin.
Whether it's a long or short term investment, nothing is safe. Bitcoin however has proven to be a more than solid long term investment if you ignore the dumps and peaks. Just look at the charts, you'll see a very steady increase year on year.
Gold is good but I do not consider it better than the bitcoin because it will sometime take so long to make profit with the gold.
Withe the bitcoin you can simply just make money in a short term.
Withe the bitcoin you can simply just make money in a short term.
People who are aware about bitcoins will always prefer to make an investment in it as they are aware that it will help them in making quick profits in short term which is never possible with gold.
Correct, and for sure no people would intend to purchase gold an an investment after they heard about bitcoin and also majority of people doesnt have the capability to buy gold and when you purchase gold you have to secure it and its too hassle for us, while in bitcoin you could buy only on small amounts and you could possibly maximize it by doing some investments and you could able to grow your bitcoin even if you bought on small amounts which is really an edge of bitcoin compare to gold.
If we talk a long term investment maybe i go for gold because gold have a good value and many people collecting gold for their personal used. You can keep it fo a long long time. Bitcoin is good too but in a short term because bitcoin is not safe for a long investment any time the price of bitcoin it can be drop. So much better gold for long investment than bitcoin.
Gold is good but I do not consider it better than the bitcoin because it will sometime take so long to make profit with the gold.
Withe the bitcoin you can simply just make money in a short term.
Withe the bitcoin you can simply just make money in a short term.
Both has a good volatility but just bitcoin has a system to force the price to double, on short period of time something gold has achieve on the last 25-50 years, and now its controled by the countries as they wanna. I wouldnt say better i would say if you wanna to try to make a easy money do join bitcoin and invest into bitcoin.
Yeah it does things that are very true, in general all people who join in the bitcoin will feel a very good change of dna also benefit. All the people who do it all is someone extraordinary
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