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Topic: Is gold better than Bitcoin? - page 8. (Read 42166 times)

hero member
Activity: 644
Merit: 500
October 18, 2016, 11:17:36 AM
It really depends on how you invest to it. When you buy Gold you just have to sit and wait till the value of it becomes high. When you invest with your bitcoins there are a lot of ways to do it like lending, trading etc. So that is why it really depends on how you want to invest for your money.
legendary
Activity: 3108
Merit: 1290
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October 18, 2016, 02:51:13 AM
It obviously is. Gold will be here forever, Bitcoin.. I don't think so. Gold price will go up 100% sure because it's rare and people are looking for it. When we'll be more people on this world and the population will increase, gold will be harder to find. That means higher price.

I don't think that gold prices can touch the moon in future, it will go high but upto a certain extent and remain stable at that point but bitcoin can go higher beyond our imagination as there is no limit of high price in it.
What do you mean to the moon, gold continuous increasing its value even little by little but continuous while bitcoin for me i do not like the value of bitcoin will be more higher like no people can afford to invest because investor are looking with lower price before to invest.
Good for those who has a good amount of investment as they can invest with gold getting the low risk but for people who are risk takers bitcoin is the hot investment as we can also make good profit if the value will continue to increase.
hero member
Activity: 714
Merit: 531
October 17, 2016, 08:02:36 PM
It obviously is. Gold will be here forever, Bitcoin.. I don't think so. Gold price will go up 100% sure because it's rare and people are looking for it. When we'll be more people on this world and the population will increase, gold will be harder to find. That means higher price.

I don't think that gold prices can touch the moon in future, it will go high but upto a certain extent and remain stable at that point but bitcoin can go higher beyond our imagination as there is no limit of high price in it.
What do you mean to the moon, gold continuous increasing its value even little by little but continuous while bitcoin for me i do not like the value of bitcoin will be more higher like no people can afford to invest because investor are looking with lower price before to invest.
hero member
Activity: 672
Merit: 503
October 17, 2016, 05:52:56 PM
It obviously is. Gold will be here forever, Bitcoin.. I don't think so. Gold price will go up 100% sure because it's rare and people are looking for it. When we'll be more people on this world and the population will increase, gold will be harder to find. That means higher price.

I don't think that gold prices can touch the moon in future, it will go high but upto a certain extent and remain stable at that point but bitcoin can go higher beyond our imagination as there is no limit of high price in it.
sr. member
Activity: 275
Merit: 250
October 17, 2016, 05:16:49 PM
Bitcoin and gold should cooperate on this issue should help the users themselves. Bitcoin mining, we make money, and to keep them better in gold.
legendary
Activity: 1134
Merit: 1598
October 17, 2016, 04:16:57 PM
It obviously is. Gold will be here forever, Bitcoin.. I don't think so. Gold price will go up 100% sure because it's rare and people are looking for it. When we'll be more people on this world and the population will increase, gold will be harder to find. That means higher price.
hero member
Activity: 1148
Merit: 527
October 17, 2016, 03:57:00 PM
for the most people, they still love gold to make invest because the price is stable from time to time and maybe if that most people know about bitcoin, then i think they will thinking that gold and bitcoin is a good thing to invest. for me, gold and bitcoin is a best choice to make an investment.
What is the use of investing into a stable priced investment opportunity ?
With gold's stable price your money will never grow over time. In my opinion, gold will never better than bitcoin investment. Because, bitcoin prices are always appreciating in long term so that bitcoin investors are making good profit with their bitcoin investments.
hero member
Activity: 1610
Merit: 507
October 17, 2016, 03:23:36 PM
for the most people, they still love gold to make invest because the price is stable from time to time and maybe if that most people know about bitcoin, then i think they will thinking that gold and bitcoin is a good thing to invest. for me, gold and bitcoin is a best choice to make an investment.
legendary
Activity: 2254
Merit: 1043
October 17, 2016, 02:50:26 PM
Actually, I think gold and bitcoin is an excellent investment. But it is undeniable gold is a better investment than the bitcoin. Because of the advantages of investment gold must be obtained for the price of gold per year has increased. While bitcoin is also good for investment, but the price is not stable and it is at risk.

Let's have a look at some charts and compare both options on their profitability as investment for 2 years.

Gold 1 year: 6.20% increase.
Bitcoin 1 year: 130% increase.

Gold 2 years: 1.6% increase.
Bitcoin 2 years: 76% increase.

That says enought as far as profitability goes. Gold lacks severely behind, but that's not really a big deal as people see it more as a store of value tool rather than an investment.

So what years have you picked for gold because gold is doing far better than that this year.

Gold up 17.49% the last 6 months.

Also how far has gold dropped from its all time high compared to bitcoin?

It is very easy to pick and choose data points from charts to fit the agenda you are trying to promote.
legendary
Activity: 1232
Merit: 1091
October 17, 2016, 02:43:27 PM
Actually, I think gold and bitcoin is an excellent investment. But it is undeniable gold is a better investment than the bitcoin. Because of the advantages of investment gold must be obtained for the price of gold per year has increased. While bitcoin is also good for investment, but the price is not stable and it is at risk.

Let's have a look at some charts and compare both options on their profitability as investment for 2 years.

Gold 1 year: 6.20% increase.
Bitcoin 1 year: 130% increase.

Gold 2 years: 1.6% increase.
Bitcoin 2 years: 76% increase.

That says enought as far as profitability goes. Gold lacks severely behind, but that's not really a big deal as people see it more as a store of value tool rather than an investment.
member
Activity: 95
Merit: 10
October 17, 2016, 02:23:11 PM
in one sense gold is better and that is that gold is too stale and less risky, while bitcoin is better than gold because bitcoin can really give you a good profit as is price never remain constant and can go up in no time.
sr. member
Activity: 672
Merit: 250
October 17, 2016, 11:55:44 AM
I think that the best is investing Bitcoin and gold too. This is less risky and the perspective of both is a high price.

Maybe the bitcoin is better than the gold. You can spend the bitcoin to buy things, but not the gold.

That is not actually something to be considered as bitcoin is also not accepted every where right now so we also cannot use bitcoins to buy things but we also have to sell it for fiat in order to spend it and that is what we do with gold as well, but the considerable difference between them is that gold is more secure than bitcoin as the price of gold does not drop as much as much bitcoin's might does.
full member
Activity: 390
Merit: 100
October 17, 2016, 11:42:34 AM
I think that the best is investing Bitcoin and gold too. This is less risky and the perspective of both is a high price.

Maybe the bitcoin is better than the gold. You can spend the bitcoin to buy things, but not the gold.
full member
Activity: 196
Merit: 100
October 17, 2016, 11:01:51 AM
Actually, I think gold and bitcoin is an excellent investment. But it is undeniable gold is a better investment than the bitcoin. Because of the advantages of investment gold must be obtained for the price of gold per year has increased. While bitcoin is also good for investment, but the price is not stable and it is at risk.
Yeah you are right that both is excellent but i think bitcoin is increasing is price too much faster than gold and gold increasing its price too much slow so i think that there is a lot of people are choosing bitcoin for their investment .
newbie
Activity: 14
Merit: 0
October 17, 2016, 01:12:59 AM
I think that the best is investing Bitcoin and gold too. This is less risky and the perspective of both is a high price.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
October 17, 2016, 12:48:40 AM
Actually, I think gold and bitcoin is an excellent investment. But it is undeniable gold is a better investment than the bitcoin. Because of the advantages of investment gold must be obtained for the price of gold per year has increased. While bitcoin is also good for investment, but the price is not stable and it is at risk.
I agree but in the current situation, not all investors can afford to invest with gold, we all have the choice but we are force to choose the investment that will only fit base on our financial status, it cannot be done with gold since it needs a huge amount of money to invest with it.
legendary
Activity: 1218
Merit: 1000
October 17, 2016, 12:13:46 AM
Actually, I think gold and bitcoin is an excellent investment. But it is undeniable gold is a better investment than the bitcoin. Because of the advantages of investment gold must be obtained for the price of gold per year has increased. While bitcoin is also good for investment, but the price is not stable and it is at risk.
legendary
Activity: 1148
Merit: 1000
October 17, 2016, 12:04:05 AM
To be honest this gold-Bitcoin topic is debatable but I would go with Bitcoin has its value can easily grow faster than gold

Not that the controversial topic. Just someone used to invest in gold, and someone in Bitcoin. Everyone chooses what he likes
But those who will want for a high profit and faster profit will choose only bitcoin and those who will know about bitcoin will never put their money in gold but they will want more profit and that profit is only possible with bitcoin not with gold.

Yeah those people who wants fast income will choose bitcoin and that is why I'm going to choose bitcoin because the investments with it are easy and has very fast return for just days you can already see some good result unlike investing in gold is going to be needed a long time and the longer you are going to hide your gold the price of it appreciates.
but same with btc the longer you hold it the higher percentage that it will grow more the only diff between them would be the appreciation of those assets bitcoin can grow more than gold because gold already on its peak for me and many country already holding this assets unlike btc its still on its adoption so there's a lot of things to happen.

The profit potential is certainly more with Bitcoin but it is also a whole lot riskier, with gold you're not really risking anything, sure it can go down some but it is highly unlikely that its value will ever drop to zero. Bitcoin being purely internet/technology based, faces a lot more challenges, any single one of those holds the potential to destroy it completely. The quantum computer is an example of one such threat.
hero member
Activity: 1302
Merit: 540
October 16, 2016, 10:52:00 PM
To be honest this gold-Bitcoin topic is debatable but I would go with Bitcoin has its value can easily grow faster than gold

Not that the controversial topic. Just someone used to invest in gold, and someone in Bitcoin. Everyone chooses what he likes
But those who will want for a high profit and faster profit will choose only bitcoin and those who will know about bitcoin will never put their money in gold but they will want more profit and that profit is only possible with bitcoin not with gold.

Yeah those people who wants fast income will choose bitcoin and that is why I'm going to choose bitcoin because the investments with it are easy and has very fast return for just days you can already see some good result unlike investing in gold is going to be needed a long time and the longer you are going to hide your gold the price of it appreciates.
but same with btc the longer you hold it the higher percentage that it will grow more the only diff between them would be the appreciation of those assets bitcoin can grow more than gold because gold already on its peak for me and many country already holding this assets unlike btc its still on its adoption so there's a lot of things to happen.
legendary
Activity: 3010
Merit: 1280
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October 16, 2016, 09:39:55 PM
I think in terms of bitcoin prices are better than gold. but gold could we get in the real world. but bitcoin can not. and I chose bitcoin of gold / dollar a lot of shortcomings, but I chose bitcoin bitcoin

Most gold sits in bank vaults to make governments feel good about themselves.  While it's true that India's use of the metal is on the increase for jewelry and decorative (temples etc) the tech side is also eyeing off gold for commercial applications in electronics due to its conductive properties.

People keep hording gold (and other base metals such as silver and platinum etc) for the inevitable Zombie Apocalypse, to trade but in the mean time, gold and BitCoins are very exclusively separate from each other and always will be.

Some people will buy Gold with BitCoins or the other way around, but they are too far apart from each other to be able to compare them except to compare their dollar value people are prepared to pay for them.

I agree that this two things are very different from each other.  Gold cannot be use as currency while bitcoin can be used as currency.  But in terms of investment they are two different stocks.  One is highly volatile while the other one has been stable for several decade.  So comparing the two is somehow out of line.
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