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Author Topic: Bitcoin or gold?  (Read 984414 times)
kostya.ash
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October 11, 2015, 02:10:17 PM
 #1401


Oh I'm sorry i just now if price of gold fell each year,
in contrast to bitcoin, you look at his stats
what is arguably bitcoin could be better than gold?
now yes bitcoin is better than gold but gold price will increase again soon and i think it's easy to sell gold in every place you live
yeah everyone knows gold, wherever you can sell gold,
how can you talk if money is better than gold, you have opinion about it ?
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StevenLiang
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October 11, 2015, 02:13:11 PM
 #1402


Oh I'm sorry i just now if price of gold fell each year,
in contrast to bitcoin, you look at his stats
what is arguably bitcoin could be better than gold?
now yes bitcoin is better than gold but gold price will increase again soon and i think it's easy to sell gold in every place you live
yeah everyone knows gold, wherever you can sell gold,
how can you talk if money is better than gold, you have opinion about it ?

I just realize it that BTC is more expensive than 1 gram of gold.
1 gram of gold today is 37.15 USD.
Thats mean 1 BTC today is same as 8 grams gold or more.

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October 11, 2015, 02:28:06 PM
 #1403

not only bitcoinm , and not only gold, i would advise to spread the investments. For now i'm 60%btc and 40% gold, i think a gold pump is near
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October 11, 2015, 02:37:53 PM
 #1404

not only bitcoinm , and not only gold, i would advise to spread the investments. For now i'm 60%btc and 40% gold, i think a gold pump is near


I agree that a gold pump is imminent Smiley
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October 11, 2015, 02:48:58 PM
 #1405

not only bitcoinm , and not only gold, i would advise to spread the investments. For now i'm 60%btc and 40% gold, i think a gold pump is near


I agree that a gold pump is imminent Smiley

Diversifying investments are always a good idea. Not only these two but you can find some other investments also like share market and real estate.
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October 11, 2015, 02:56:25 PM
 #1406

not only bitcoinm , and not only gold, i would advise to spread the investments. For now i'm 60%btc and 40% gold, i think a gold pump is near


I agree that a gold pump is imminent Smiley

Diversifying investments are always a good idea. Not only these two but you can find some other investments also like share market and real estate.

As per old say we need to put our eggs on multiple baskets. So we must need both bitcoin as well as gold. But in my view these two also not enough if we think of diversifying our investments with risk management. So we need bonds, shares and bank deposits too.
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October 11, 2015, 04:55:36 PM
 #1407

both but mainly gold.gold is in your hands but btc is no more when internet collapses.

Ultimate answer. Gold is always best selection for investments. I like gold always but buy btc for short term profits.

Yes thats a goo choice, BTC medium term, GOLD long term?

But i think BTC is long term too, in 20 years bitcoin might get to 1 million $. That would be fantastic.

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October 11, 2015, 05:00:03 PM
 #1408

gold would be a SAFER investment in the long term, but if you choose to invest in bitcoin, its unpredictable if you'll gain money or lose.
in the future btc could skyrocket if it gains enough popularity it could also die if everyone gives up on it. if u feel like doing a risky investment choose bitcoin. safer investment, go with gold  Tongue
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October 11, 2015, 05:33:19 PM
 #1409


Oh I'm sorry i just now if price of gold fell each year,
in contrast to bitcoin, you look at his stats
what is arguably bitcoin could be better than gold?
now yes bitcoin is better than gold but gold price will increase again soon and i think it's easy to sell gold in every place you live
yeah everyone knows gold, wherever you can sell gold,
how can you talk if money is better than gold, you have opinion about it ?
Yeah money is better than gold, not all company accept gold as a payment but if you want to use gold as a payment i think need to check certificate gold if you make a lot transaction.
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October 11, 2015, 05:42:06 PM
 #1410

gold would be a SAFER investment in the long term, but if you choose to invest in bitcoin, its unpredictable if you'll gain money or lose.
in the future btc could skyrocket if it gains enough popularity it could also die if everyone gives up on it. if u feel like doing a risky investment choose bitcoin. safer investment, go with gold  Tongue

Not true, gold is safer in terms of economic risk, but gold is riskier in terms of political risk, because it can be confiscated anytime.

Bitcoin has higher economic risk, because of price fluctuation, but has lower political risk.

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October 11, 2015, 05:58:01 PM
 #1411

gold would be a SAFER investment in the long term, but if you choose to invest in bitcoin, its unpredictable if you'll gain money or lose.
in the future btc could skyrocket if it gains enough popularity it could also die if everyone gives up on it. if u feel like doing a risky investment choose bitcoin. safer investment, go with gold  Tongue

Not true, gold is safer in terms of economic risk, but gold is riskier in terms of political risk, because it can be confiscated anytime.

Bitcoin has higher economic risk, because of price fluctuation, but has lower political risk.

So how does this happen?

Are you just going to hand it over when asked, if so then you would do the same with bitcoin.

I think you need to have a read up on how successful the last gold confiscation in the US was (not very)

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October 11, 2015, 06:42:16 PM
 #1412

gold would be a SAFER investment in the long term, but if you choose to invest in bitcoin, its unpredictable if you'll gain money or lose.
in the future btc could skyrocket if it gains enough popularity it could also die if everyone gives up on it. if u feel like doing a risky investment choose bitcoin. safer investment, go with gold  Tongue

Not true, gold is safer in terms of economic risk, but gold is riskier in terms of political risk, because it can be confiscated anytime.

Bitcoin has higher economic risk, because of price fluctuation, but has lower political risk.

Both gold and bitcoin in some countries can be confiscated.
But in the bitcoin world its much harder, but not completely impossible.
I think investing in (physical) gold takes much more time and requires extra security comparing to bitcoin.
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October 11, 2015, 07:06:19 PM
 #1413

I can go online right now and buy as much gold as I want and have it delivered by tuesday (as its sunday) otherwise it would be next day - no more difficult than buying bitcoin.

I use these guys -

http://atkinsonsbullion.com/
http://www.goldline.co.uk/goldsavers.page
http://www.hattongardenmetals.com/buy/cid0/all-stock


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October 11, 2015, 10:33:58 PM
 #1414


So how does this happen?

Are you just going to hand it over when asked, if so then you would do the same with bitcoin.

I prefer to not answer to that question.

I think you need to have a read up on how successful the last gold confiscation in the US was (not very)


Yes those that handed it over, got their  "redeemable tickets" =USD, devalued by ~70% in the next years.




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October 11, 2015, 10:40:48 PM
 #1415

Bitcoin, i'm sure in 10 year it will be in a much better price than now.

The gold will go up, but not as bitcoin.

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October 12, 2015, 01:33:07 AM
 #1416

Bitcoin, i'm sure in 10 year it will be in a much better price than now.

The gold will go up, but not as bitcoin.

What your saying is just based on your thinking or your just dreaming that bitcoin price may go up but do you have any data to prove it will surely go up and never come down? I'm not saying it will not go up but there are chances that it can disappear also if some other better coins come in along the way in 10 years time. But gold surely will give you some profits in 10 years may not be very much.
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October 12, 2015, 01:39:32 AM
 #1417

Bitcoin, i'm sure in 10 year it will be in a much better price than now.

The gold will go up, but not as bitcoin.

If it is for 10 years long time then I will choose gold then bitcoin. No one knows what will happen to these coins after few years so I prefer to trade these coins for short term gains than going for long
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October 12, 2015, 01:43:07 AM
 #1418

No difference in 2.So i choose it both...
But bitcoin will be much expensive than gold maybe in near 2025.

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October 12, 2015, 12:06:12 PM
 #1419

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I would take gold.  Bitcoin is just here for 5 years is very volatile.
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October 12, 2015, 12:53:08 PM
 #1420

why not try 50 - 50 for each Smiley
Fifty fifty is never been good idea now Gold is also collapsing so taking this opportunity is not a bad idea I will go with Gold 65% and 35% with bitcoin

50-50 is not a good idea, because if you get some profit in the other then it is less.
If you loose then the lost is small and that is good, but our concern is to win so i would go mostly 70% in bitcoin and the rest in gold.

This time is not good to take 50 : 50
i will take 75% for Gold ( because Gold price is down)
and 25% for bitcoin , you can see now bitcoin price up +20% from $220

That could be ok too, but i don't prefer to go 100% full to gold or bitcoin.
Only if you really think that the price will go up in near future then yes.
I still haven't bought gold, but maybe will think to buy at bitgold in near future.
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