Bitcoin Forum

Is investing in bitcoin more secure than investing in gold ?
If you invest a lot of money in gold where to put it to be secure ?
In Fort Knox may be is secure. Or may be not ?
http://www.4thmedia.org/2013/04/16/federal-reserve-refuses-to-submit-to-an-audit-of-germanys-gold-held-in-u-s-vaults/

Investing in gold is of course more secure than investing in Bitcoin. At least if you store it in your own home, somewhere safe (hidden room or something).

Gold is safe if you physically own it. In your home for example. If you only own a piece of paper then it is not safe.

While with bitcoin, you OWN the bitcoins even with a simple paperwallet.

http://privisi.com/2013/04/30/bitcoin-vs-gold/

I assure you nobody on this forum was considering stashing gold in Fort Knox.

uh, sources? in general I wouldn't trust any certificates (paper), after what I have come to know about central banks and banks. even COMEX does fractional reserve on their silver futures.


http://www.nytimes.com/2013/01/17/business/global/german-central-bank-to-repatriate-gold-reserves.html?_r=0

This article is probably a fake. No facts, no names, no sources.

The #1 rule of investing is to diversify.  Given that gold and bitcoin have different strengths and weaknesses, and tend to advance or fail at different times and in different ways, the best course of action is to diversify and invest some measure in both.  Thus the choice "bitcoin versus gold" is a false dichotomy, and one should ideally choose both.

In 2012 I invested in both gold and bitcoin. By today, with gold I lost 20% but with bitcoin I gained 3000%. Now bitcoin is the largest asset in my portfolio.
However, I still find gold more safe/stable investment in long term (10y and over).

Just another article which compares both
http://www.businessinsider.com/three-reasons-gold-is-like-bitcoin-2013-4

At this point, I believe it is traditional to do portfolio rebalancing and transfer some of your Bitcoin winnings into gold.  That can help you capture your gains from the Bitcoin bubble in case it collapses.  That's basic asset allocation strategy.

Furthermore, I agree with your estimate on the safety of gold despite your losses.

Paper gold is like a web-wallet, but that doesn't mean the real McCoy has any of the same issues.

I suppose gold is a very secure investment if you can afford a high-quality safe, armed guards 24/7, and live in a bunker. Otherwise, storing even moderate physical quantities of gold in your house sounds like a very unsecure idea.

dude, the banks don't have 10% of the gold that they issue on paper. if every paper gold holder tried to get their gold in physical form ... see 1980 silver manipulations as example.

also; gold thousands of years used as currency
bitcoin; an experiment 4 years in.

just sayin

http://www.thebitcoinchannel.com/archives/9114

Here is a point of view:
If you take a look at index Dow Jones performance 50 years ago you can see it was below 1000 points but now it's above 23000. The question is how many people got bankruptcy invested in DJIA? Whether it's gold, BTC, or Dow Jones you still face the same risk as an inexperienced investor.

For now of course investment in gold is safer, but maybe for the future investment in bitcoin is more profitable and safe (not just bitcoin but depends on cryptocurrency). What makes people think now if investing in bitcoin is not safe because you know for yourself that bitcoin is not controlled by anyone and the price is fluctuating. Essentially it all depends on your own decision for now.

Both are secure and safe investments nowadays. Investing in Bitcoin can't be more secure than investing in gold because gold is much older and trusted than bitcoin worldwide, but Bitcoin is also having very high price and really promising potential.

Perhaps I should say, bitcoin investment more than gold investment income. For a long time, in fact, is the devaluation of gold. However, I think now bitcoin investment which contains some bubbles. Temporary bitcoin application is still relatively small, to support bitcoin high prices, I think there should be more practical projects and bitcoin combination.

Gold is more secure at the moment.

I dont believe so.
For me gold will be more secured than any other investment.
Be it a fiat or cryptocurrency.
Gold can always be stored anywhere you feel safe to hide it.
And gold is not volatile as bitcoin too. Or as easily made as fiat.
Therefore if you would want a long term investment gold will remain as one of the best choice.

In my opinion both have their own security purpose when you are investing with gold you would need a Vault and a secure place to put it that you are the only one who would know where it is, or put it in the bank that have a more secure features than your own vault, the only downside would be for criminal thief that would get to your vault of a Bank Robber that knows how to penetrate in a bank, and I think Gold in it's physical form are kind of heavy and would be hard for a transaction to be made with it, But if you would invest in bitcoin or Cryptocurrency Secure feature for it are private keys or a cold storage, USB hardware wallet type that prevents hackers from penetrating it, I it I would prefer bitcoin investment more for the convenient and secure feature than finding a large place to secure your Gold.

bitcoin is good investment.gold is evergreen investment plan.bitcoin creates the new trend and good profits,number of investors exciting to invest on the bitcoin.personally i love to invest on the bitcoin.

Bitcoin is most reliable source now than gold. Price of bitcoin can double in short term but gold price is so stable and you need to wait for a long term before your investment increase.

I think gold is more dangerous than bitcoin. You don't need a lot of safes a lot of passwords or a lot of locks to buy and use, you just need to sign and hide your private key anywhere. Also, people will know that you own tons of gold while in bitcoin, no one will know if you are holding a huge amount of bitcoin.

Yes its true both of them are different then each other if you invest in gold so it cannot give you any profit you will have only valuable metal but if you invest in bitcoin so there is no doubt that you can earn a lot of money because bitcoin is a currency and its price is going high also you can use it for your daily trade so money make money.

They are two different things, bitcoin is a virtual cryptocurrency with an actual unstable price, and gold a fisical thing with more stable price.
If you like the risk and want make more money, so is better to invest in bitcoin

I agree with your statement that bitcoin investment is safer than gold investment, and bitcoin investment is more profitable because bitcoin price from year to year becomes very expensive.

I don't think so. Bitcoin is not under any organization of any form of government. it is an open source system while Gold is supported by different countries and it is legal to those countries. Maybe in the future it will be more secured when it is already legal to most of the countries and when it is already considered as an official currency to most places.

The move to digital currencies is one of the final steps in the evolution of economics.

It's depends for people who have gold and still its not safe the gold  even you can keep at your home or room. So I think its better to invest bitcoin you know where can you use or I think its secure.

Gold is, of course, very safe, but it does not preserve value. In fact, it is depreciated from a long time. Bitcoin is not the same. Bitcoin can no longer increase, the number is fixed, it will not inflation, so now this stage. I will choose bitcoin. ;)

I think both has its advantage and strengths so I guess its really up to your which one do you prefer. If you prefer gold bullions I think there are banks are that willing to kept it for you, same as paper gold. If you go bitcoin, then a good wallet, like hardware for holding it long term will be good. So I guess it really depends which one do you prefer.

If your asking about security then gold is better choice . If your asking about profit then bitcoin would be the best investmnet hope you understand. Gold is less risk and less profit .Bitcoin is more risk and more profit.

Investing money in gold is must be secure than to bitcoin. Comparison between gold and bitcoin in investing money is many difference. If you invest all your money in bitcoin you tenure of security is not sure because bitcoin is not stable. In bitcoin there possibility your money invested will loss because of the fluctuation of price value or you gain more profit when the value of bitcoin increase. There is no guarantee in bitcoin once you invest of all your money because the unstable price of it.  While, in Gold once you invest all of your money you have a guarantee profit because the value of it is stable and never fluctuate instead the price of it is increasing as long as the time years are running.

I think it is okay to take some risk to get more profit, I hope if we invest on bitcoin our investment will be returned to us many times on our investment, but if we invest in gold the profit may be in one or 2 times on the investment, If you ask me I will always say bitcoin is the best investment.

Investing in bitcoin is more risky than gold because of high volatility .people who want fun and risk in life can go for bitcoin people who want peace and less risk can go with gold . It’s depends on people and their belief.

Investing in gold of course is much more secured than in bitcoin, The thing about bitcoin is that bitcoin value is increasing faster than gold. But in security, Gold is much more secure because our government is handling the transaction & Gold is store in a safe.

If the point about security - bitcoin is not more secure than gold.
As all normal people do - in a bank, cause of only they have necessary terms and places for gold storage.
It would be, but I doubt you have enough contacts to place your gold there.

Agree with that, gold is more secured not just by now but it could be for a long time.
By today's life, we are so very practical in terms of investment and gaining profit, and we just ignored about securities of our own money until such a time that we're been hack already. Although bitcoin isn't fully secured compared to gold but still more people will go through bitcoin just for the seek of high profit. And totally it can't be deniable that gold is almost forgotten by now.

Gold is now more stable than bitcoin, the current bitcoin is developing, bitcoin price volatility is relatively large. So investing in gold is safer than investing in bitcoin, at least in the price of gold, which is more stable than that of bitcoin. Of course, investment in bitcoin may bring higher profits. Of course you have to understand the risks of investing. good luck. :)

yes for sure it is more secure-investing in btc

I think it works different ways. Investment on gold is secure more than bitcoin but the income on bitcoin is far better than gold. Now a days the Price of bitcoin is so high where people are losing profit by investing gold.

You guys should all be millionaires by now if would have trusted the bitcoin that time. I guess, now you learned some risks are worth taking.
Bitcoin is kind of one of the lifetime opportunity which must of you guys failed to nailed it. This is the kind of opportunity that will make you retire for life. :)
Bitcoin has shown the world it's the new gold 2.0 - Bitcoin just out class old gold with twenty steps ahead. :P

Now the world is being updated with internet . As gold is a asset , so like that now bitcoin is also a asset . We want to keep secure our asset every time. If we keep secure bitcoin in the wallet then it is the best to invest in bitcoin than gold . 

For me even the value of bitcoin rises so high I still believe that investing in gold is more secure than bitcoin because bitcoin value fluctuates from time to time and it is unpredictable that putting all your money in investment to this is so risky there still a chance that the value of bitcoin become so low or even zero. Though you can still invest in bitcoin but not everything you have.

I think investing in bitcoin is more secured that gold. The user account of Bitcoin is protected by a password that can know only the user unless the user says to others. So, no one can trace the account. On the other side have a chance of theft of gold. So, Bitcoin is a secured investment sit than gold.

Would be great to have a cryptocoin backed by gold.

I am disagree with you. Your bitcoins may also be stolen by hackers. They can steal your password. This has happened to many people.
And you did not consider Bitcoin price fluctuations.
I think Bitcoin can be more profitable than gold. But it is more risky.

Yes investing in bitcoin is more secure than investing in gold because for now of course investment in gold is safer, but maybe for the future investment in bitcoin is more profitable and safe (not just bitcoin but depends on cryptocurrency ). What makes people think now if investing in bitcoin is not safe because you know for yourself that bitcoin is not controlled by anyone and the price is fluctuating. Essentially it all depends on your own decision for now.

Nothing is fully secure, not even Fort Nox. It's interesting though, storing gold in a bank. Bank robberies happen far less (if at all?!) now due to banks not holding much cash, but if it had a room glowing with gold, there's decent reason for them?

each investment has its own risk. I can not be sure that investment in butcoin is safer than gold. because investing in bitcoin too much risk that if in our wallet hacker then our bitcoin can be lost all or if the network of ugly signal can also be influential. so according to ane sih masing2 investments have their own weaknesses and advantages. only when in surub chooses I prefer choosing an investment in bitcoin.

In my point of view, because i have experienced of investing in bitcoin, that's why i will say investment in bitcoin is more secure than gold investment. Then the gold investors of course they will vote for gold investment. So it is our choice and also it is depend on our investing behavior which we like but i know about bitcoin very well that's why i will say bitcoin investment is more secure than gold investment.

being secure is not the question, the question is which is more practical to transact, obviously btc is more safe because unlike gold, you have to physically bring it to places for trading, we all know it is not safe, unlike btc, you are doing business in the comfort of your home or office and you don't have to carry tons of bitcoin, lol.

If we talk about long term then gold is more safe investment as there is price stability and can be secured in bank lockers recovering some interest also but on the other hand BTC is considered less safe because of huge price volatility and you might loose your money but as far as profit is concerned gold cannot be compared to bitcoin as it is far behind it.

Of course, our first priorities is to secured our own belongings rather than displaying it to be recognized. Having secured is not an options but it is totally our own choice.
Bitcoin is not fully secured than gold. Even though we have owned a unique keys or password but still isn't enough to say we are totally secured. Because we all knew that, a lot of hackers online and they can easily trace if there is a transactions made with our accounts. And even a single mistake might lead them to take our belongings and leave nothing.

As more users chose to invest in bitcoin, miners worked to increase the worldwide supply and developers imposed higher transaction fees. Bitcoin could not maintain its peak price. Between the end of 2013 and the beginning of 2016, bitcoin’s value steadily decreased to less than $400.

My  choice bitcoin and i am suggesting everyone for investing in bitcoin.
If i invest a lot of money in gold it is not secure.
The reason of risky:
i dose be hijack or robbery anytime.
if i have lot of gold,
But if i have lots of bitcoin so don't have gold type risk ;D ;D ;D





 

To be honest, Investing in Bitcoin is more risky than Gold. If you forget your key, your wallet is hacked, the internet is disappeared, you will lose all your money. However, you will get more profit if choosing Bitcoin

Gold is the same bitcoin both can be invested, but if safe what is not, it depends on us, but if I prefer to invest in bitcoin when compared with gold, equally unsafe, because the price of both can also go down. If about the price increase I think fast bitcoin compared gold, that's my opinion!

Bitcoin and gold are good investments.gold is old investment plan,bitcoin is new trend investment plan.bitcoin is easy to exchange.bitcoin is really better than gold.

Don't think so. Bitcoin isn't dealing with forks, greedy miners and chinese amongst the rest, so the price can't be going from $1k to $5k in six months and other way around.

 May be for the future investment in bitcoin is more profitable and safe. The price of bitcoin is constantly flowing. Some people think now if investing in the bitcoin is not safe because you know for yourself that bitcoin not controlled.

If u live in a country where there is less security of property...then it might be risky to invest in gold..and though bitcoin's price rate always high..sometimes fluctuate but it's not risky anymore as it has peer to peer network..

Yes, Investing in bitcoin is more secure than investing in gold.Because Gold price previous few month fall down much.Moreover Gold price increase slowly.If you invest your money in gold then i don,t know when you get more profits.I hope then you will be old ;D
But If you invest in bitcoin, then make more profits after few month or year.Because day by day bitcoin price will increase and increase.

No. Investing in gold will be safer when investing in bitcoins but many people like investing in bitcoins because investing in it has the opportunity to make a lot of money.

If by secure you mean you get more money. Yes. But investing in bitcoin is as dangerous as it is rewarding it is not stable and totally unpredictible on the other hand gold have been the most reliable investment and money source for thousands of years so it's up to you to decide to either stick to the traditional way or jump on the wagon to the next era.

I think both, investing bitcoin and gold are the same secured. If we have important things in our lives that we don't like to disappear and lost we must focus to take care of them but if we don't, it will lost. That's the same thing we should do about investing bitcoin and gold.

I think no, investing in gold is more secure than you investing in gold. Cause if you want to investing in gold, you just must go to the bank and save them in bank. Everyone can't take your gold, there are many people who saved your gold. But if you investing in bitcoin is not more secure cause we just have our wallet and ourselves to save them.

You can secure your gold in your own vault or on a safety deposit box. There are risks for both. In the event of civil unrest, gold would be the more tradeable currency than bitcoins. In peace time, especially in countries with no stability issues, securing both would not be a problem.

As long as you will put your bitcoin into an offline wallet then i can say that it is safer than investing in gold. In terms of preserving the value of your investment in fiat then i can say that it is better to just invest in gold because they are less volatile and bitcoin has still a higher volatility that can make you uncomfortable for investing.

I find that investing in bitcoins is more profitable than gold. Now in some countries their currency is losing value. Bitcoins in their country are even more valuable than gold.

I disagree because for me investing in gold is still more secure than bitcoin although gold did not appreciate much in the past years but it remain stable and worth investing for bitcoin on the other hand is high valued today the problem is that its not stable and always fluctuates like today it start dropping again which I think will give risk to investors

Well investing in both bitcoins and gold are profitable but gold has more stable and secure market whereas bitcoins have very unstable and volatile market so it's prices fluctuates a lot so investing in bitcoins are more riskier than investing in gold.But profit in gold is less than profit in bitcoins and bitcoins prices are rising like anything so i think that investing in bitcoins is better than gold but gold is more secure in investing than investing in bitcoins.

Don’t know, I have got mixed feeling about the storing money not gold and bitcoin. There are pros and cons for both of them and this will surely make confused to anyone. Though gold can be handled physically I believe that its not safe in the house or vaults that we can avail from the finances institutes. What if you just got robbed with it? How will you explain that one, all the law suits, filing of FIR, and the rounds about to police station for getting your money back which was in the form of gold. But on the other hand it can be availed after sometime and you know that though the dark age comes you still have your money with you in the form of gold. Now the first thing doesn’t apply to bitcoin case because it is over the internet and most secured algorithm ever made. You can store as much money as you want over it and no questions will be asked to you. But if the dark age comes and there are no lights then how you will explain about the bitcoin work at that period. So its tough, better store half on the both things.

I think between bitcoin and gold are equally safe. But most people are more confident investing in gold, because gold is the precious metal that has become the oldest form of investment, so obviously many people prefer gold investment because gold has more confidence and has a smaller risk than other investments.
And for bitcoin i think modern investment, because it uses computerized system and internet network.
Investment in bitcoin is very promising because it has a very high price and spelled out very easy because it can be done online, but this investment is very risky possibility of investment files hacked by others.

I do not think that investing in Bitcoin will be safer than investing in gold. Because gold is very stable so its value is very little changed, investment in it will be very safe. However, with large amounts of money, we will not have storage space. On the other hand, investing in Bitcoin is a risky decision, its price may increase or decrease at any time. However, you can store it completely in your purse without fear of theft and its value can increase over time.

If you want a stable investment, of course, invest in gold. Gold is more stable than bitcoin, and gold is accepted by all the world's people. Bitcoins are still under development, so the price of bitcoin fluctuates widely and the risk of investing bitcoin is relatively high. Of course, you can make long-term investments in bitcoin and you will have something to reap. good luck. :)

Of course invest in bitcoin. The hugest volatility of a coin will bring to you in a year more than gold ton. :D

Investments into bitcoin are at the moment very risky. The bitcoin is very unstable, unpredictable, very young in comparison with gold. At any time the price of bitcoin can fall, there can be other more perspective cryptocurrency, there can be violation in work of blockchain of bitcoin owing to imperfection of code. Therefore, I think, is very risk and unsafe to invest all assets in bitcoin.

Agree. Gold is more secure than bitcoin since gold price more stable but bitcoin is more fluctuate.
But if you are trader, its better invest in bitcoin cause more chance to get profit.

i think investing in bitcoin is not as secure as gold, gold is more secure because gold is protected by government and banks, it is not easy to disappear without trace, in contrast bitcoin is digital currency using internet, we may lost our bitcoin if there something wrong with the website storing our money.

Bitcoin investment is more better than gold investment but I don't think so if the bitcoin investment is more secure than gold investment. The reason why you should choose bitcoin is because it is more stable than gold.

I think investing in gold is more secure than bitcoin. as I always to my previous posts bitcoin is not secure  in terms of savings and investing because theres always people who is self fish greedy andself centered that may do some stuff to steal all the hardship you put in  bitcoin just tp invest more to it. but Im not saying 100% secured in gold is just that you can more feel secured if its in gold than in bitcoin.maybe if bitcoin can make more secured wsys to keep your coins safe.

if you have something gold so you face lots of problem...
but if you have lots of bitcoin so you don't face anything
coz bitcoin better secure from gold/cash. it's already proved.
just share my think
thanks

Yes investing in bitcoin is more secure than investing in gold. The #1 rule of investing is to diversify.  Given that gold and bitcoin have different strengths and weaknesses, and tend to advance or fail at different times and in different ways, the best course of action is to diversify and invest some measure in both.  Thus the choice "bitcoin versus gold" is a false dichotomy, and one should ideally choose both.It is so legit to invest in bitcoin.

Bitcoin or gold? Are these the same types of assets? The answer is no. Bitcoin is a cryptanalyst, something virtual, you can not touch it, see, today can be and tomorrow no longer. Gold has been known for millennia, you can risk saying that it is indestructible. Is it worth combining gold with bitcoin? No, because there are two different worlds, but whether it is worth investing in bitcoin everyone should answer themselves. The fact that it is worth investing in gold I think it is obvious.

Gold investment is certainly safe, because the price of gold is stable, gold is accepted by the world. The price of bitcoin is volatile. The price of bitcoin may drop in the short term, but the potential of bitcoin is enormous. I suggest you invest long term bitcoin. Of course you have to understand the risks of investing. good luck. :)

Bitcoin is more volatile

Investing gold is the most secure rather than bitcoin , because bitcoin is e-currency you never calculate if it is going down or ups, but in gold if you have secure volt for it and you have a thousands kilo of gold I think you are a millionaire or a billionaire someday.

Based on the situation at this moment wherein Bitcoin is nit yet legal to most of the countries and not yet supported by most of the governments, I think Gold is still more secured. First of all, Gold has a physical form so an investor can literally hold it and keep it as its value is increasing which is unlike Bitcoin that is only stored on e-wallets.

Well , it may be said so in some situations as gold is of physical use and it can be easily taken bay anybody . While bitcoin always staus safe with us in our wallets ( if the system is use is one handed and the private keys are protected properly ) .
But the cost of gold is still more than that of bitcoin . It is just that if bitcoin is used by cold storage or offline wallets it is secure . Also the bitcoin transactions cannot be questioned and traced.

of course, gold is more secure than bitcoin. the gold price is very stable, all over the world trade it. While bitcoin price is volatility that makes very high risk, also do not have physical and some countries still forbid it, then you just keep on paper wallet and it might just be vulnerable hacked "no system is safe". although bitcoin has the high risk, you have to know the economic proverb, the greater a risk the greater a profit.

Yes I agree with you investing in bitcoin is much more better then gold because bitcoin can give you a profit and gold can give you lose because when you want to buy bitcoin so the price will be different but then if you want to sell there will be a deduction so I think bitcoin is good and trustable then gold and I will prefer bitcoin.

bitcoin can be hacked and gold can be stolen
so both have risk but i think gold more secure cause can be hidden in secret room etc

I Always support Bitcoin.Because every product have a limited sell.Bitcoin have a limited sell 21 millions.But at this moment bitcoin have a good public demand.On the other hand, Every day there are many gold production.Gold sell limited is unlimited.So It,s price fall day by day.Investing in bitcoin is more secure than investing in gold.