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Author Topic: Bitcoin or gold?  (Read 984414 times)
abokhalel2
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January 31, 2016, 02:05:59 AM
 #1941

I would go with bitcoin because I anticipate the price to double by the end of this year!
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January 31, 2016, 07:14:54 AM
 #1942

Gold is beautiful, but my favourite for sure right now is Bitcoin.
It's hot and happening. Can't see this changing on the short term.
"Gold is beautiful", is that really all you can say about gold. Bitcoin is definitely much better though.
because gold is the jewelry, so he can only say  "Gold is beautiful"
bitcoin necessarily better. bitcoin can be anything, money, assets, investment, jewelery (lol), etc, better than gold

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January 31, 2016, 07:18:48 AM
 #1943


People with IQs under 100 (roughly half the population) can deal more easily with gold than with Bitcoin.

Gold and Bitcoin have different attributes.  They play in somewhat different spaces.  Their "price vectors" go in different directions. 

Own both!
I dont really side with elitism and if bitcoin is at all with that line of thinking I dont believe it will propogate like it has to and so will fail.   Bitcoin has to be idiot proof easy to use by anyone any place really, gold should have no advantages on this aspect and if anything be more liable to loss from its innate physical risk

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January 31, 2016, 08:33:14 AM
 #1944

Gold is beautiful, but my favourite for sure right now is Bitcoin.
It's hot and happening. Can't see this changing on the short term.
"Gold is beautiful", is that really all you can say about gold. Bitcoin is definitely much better though.

Bitcoin is better when comes to gold. Gold can be used for two purpose as a jewel as well the same for investment. This gives us better investment option still bitcoin by its growth makes me go for it
Gold looks nice, I admit that much, but it is a really shit investment. Bitcoin is much better.


 
 
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ajun96
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January 31, 2016, 08:40:36 AM
 #1945

gold is way better than bitcoin to be honest, i think that i would choose it over gold because bitcoin is a better investment than gold i think

Either gold or BTC, which way are you at???
I guess you are biased on your own decision, or I should say you are not even deciding what to choose...
lol actually he choose bitcoin or gold ? because he mentioned that gold is better, but bitcoin is also better, lol
What do you choose both?
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January 31, 2016, 08:46:17 AM
 #1946

Gold is beautiful, but my favourite for sure right now is Bitcoin.
It's hot and happening. Can't see this changing on the short term.
"Gold is beautiful", is that really all you can say about gold. Bitcoin is definitely much better though.
because gold is the jewelry, so he can only say  "Gold is beautiful"
bitcoin necessarily better. bitcoin can be anything, money, assets, investment, jewelery (lol), etc, better than gold

The disadvantage of bitcoin : their value still unstable and also there are many lack of security breaching.
If bitcoin has no " hole " that able to being hack , I think bitcoin , their value will got increase even more than gold & diamond value
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January 31, 2016, 11:41:18 PM
 #1947

I would go with bitcoin because I anticipate the price to double by the end of this year!

It sound very logic, Maybe the new floor is coming.
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February 01, 2016, 01:08:12 AM
 #1948

gold is way better than bitcoin to be honest, i think that i would choose it over gold because bitcoin is a better investment than gold i think

Either gold or BTC, which way are you at???
I guess you are biased on your own decision, or I should say you are not even deciding what to choose...
Well, bias is definitely going to come especially since we're a bitcoin forum... what, do you expect that many people to choose gold over bitcoin if there's already many people that support bitcoin here? If you go to a gold forum, then imagine how many people are going to support gold over bitcoin there!

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February 01, 2016, 02:55:27 PM
 #1949

Well you follow Ron Swanson's example: hoard as much gold as you can, bury it at an undisclosed location, and then move in the woods and live off the land in a cabin.

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February 01, 2016, 03:01:41 PM
 #1950

I would go with bitcoin because I anticipate the price to double by the end of this year!

It sound very logic, Maybe the new floor is coming.

Yes, at this moment it is better that we pick bitcoin over gold, as the price volatility of bitcoin makes it more attractive over gold, so bitcoin is good if you want to earn some good profits in quick time, while gold can take care for long term.
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February 01, 2016, 03:10:35 PM
 #1951

Well you follow Ron Swanson's example: hoard as much gold as you can, bury it at an undisclosed location, and then move in the woods and live off the land in a cabin.

Most people cant cook wild herbs or grow them for that matter, cant hunt well, dont know how to preserve food so it wont spoil.  Dont have carpentry skills, gold gives zero help with any of those things.  Plain steel or iron or a bit of flint even would rate as more valuable.    

What we can say is gold is extremely useful as an exchangeable reliable non degradable store of value.  Ron Swanson is awesome and skilled but he has no use for gold stuck out in the woods, as he is a libertarian I think he'd acknowledge value is determined from production mainly.   In the modern world we trade everything across the world so we have become alien to the source of the products we use everyday, we have no choice now and the woods or hoarding wealth would cause the nation to starve.    
One of the mistakes in the 1930's was to close off or reduce drastically international trade so its kind of a real problem even past hypothetical gold hoarding.   (lost trade causes costs to be raised for both the seller and buyer of those goods I think)

Same applies to bitcoin, actually the people who do nothing with it and take no part in bitcoin trading or exchanging are not helping building value at all.  If all people did this, the value would be zero whereas if all people do a useful or unique production and sale in bitcoin the value can be considerable.  The only time hoarders are useful is when they spend or when they earn the original gold or bitcoin, if they earn and produce everyday then I wont argue because that is useful but if stuck in the woods its not helping anyone else so Ron Swanson hopefully wouldnt do this :p

tl;dr Swanson is a trader not a hoarder (from my brief viewing of his tv series)


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February 01, 2016, 05:51:54 PM
 #1952

gold is way better than bitcoin to be honest, i think that i would choose it over gold because bitcoin is a better investment than gold i think

Either gold or BTC, which way are you at???
I guess you are biased on your own decision, or I should say you are not even deciding what to choose...
Well, bias is definitely going to come especially since we're a bitcoin forum... what, do you expect that many people to choose gold over bitcoin if there's already many people that support bitcoin here? If you go to a gold forum, then imagine how many people are going to support gold over bitcoin there!

You are right and I think both of them are important have their own value, we are not sure about the future of bitcoin as it is very new as compared to gold, but gold is traditional so we can afford to believe in gold that it will survive longer as compared to bitcoins.
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February 01, 2016, 08:17:15 PM
 #1953

Gold has great value when compared to bitcoin. Dollar gets printed in accordance to the value of gold they possess. So gold directly plays role with the economy. So having gold as investment is preferred than bitcoin on these days

Dollar printing is not based on gold anymore for quite a good time now. Not any other currency in the world.
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February 01, 2016, 10:11:24 PM
 #1954

gold is way better than bitcoin to be honest, i think that i would choose it over gold because bitcoin is a better investment than gold i think

Either gold or BTC, which way are you at???
I guess you are biased on your own decision, or I should say you are not even deciding what to choose...
Well, bias is definitely going to come especially since we're a bitcoin forum... what, do you expect that many people to choose gold over bitcoin if there's already many people that support bitcoin here? If you go to a gold forum, then imagine how many people are going to support gold over bitcoin there!

You are right and I think both of them are important have their own value, we are not sure about the future of bitcoin as it is very new as compared to gold, but gold is traditional so we can afford to believe in gold that it will survive longer as compared to bitcoins.

I think its better to diversify our investments and invest in both the products, if we have to suffer loss in one product then at least the other product will recover those losses, and I have more faith in gold as compared to bitcoins.

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February 02, 2016, 07:38:12 AM
 #1955

Gold has great value when compared to bitcoin. Dollar gets printed in accordance to the value of gold they possess. So gold directly plays role with the economy. So having gold as investment is preferred than bitcoin on these days

Dollar printing is not based on gold anymore for quite a good time now. Not any other currency in the world.

this is the reason why i think, gold loses a big portion of his vlaue in the past, because it has at $2k before now half of that

i'm not betting on gold anymore, too much stagnation is not even healthy
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February 02, 2016, 08:21:51 AM
 #1956

Gold has great value when compared to bitcoin. Dollar gets printed in accordance to the value of gold they possess. So gold directly plays role with the economy. So having gold as investment is preferred than bitcoin on these days

Dollar printing is not based on gold anymore for quite a good time now. Not any other currency in the world.

this is the reason why i think, gold loses a big portion of his vlaue in the past, because it has at $2k before now half of that

i'm not betting on gold anymore, too much stagnation is not even healthy

Gold is still a good invest but if you think about the future the bitcoin would be better to invest because the digital currency's are the future. I think its easy to say that in a couple years there is no real money anymore.
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February 02, 2016, 08:30:55 AM
 #1957

Gold has great value when compared to bitcoin. Dollar gets printed in accordance to the value of gold they possess. So gold directly plays role with the economy. So having gold as investment is preferred than bitcoin on these days

Dollar printing is not based on gold anymore for quite a good time now. Not any other currency in the world.

this is the reason why i think, gold loses a big portion of his vlaue in the past, because it has at $2k before now half of that

i'm not betting on gold anymore, too much stagnation is not even healthy

Gold is still a good invest but if you think about the future the bitcoin would be better to invest because the digital currency's are the future. I think its easy to say that in a couple years there is no real money anymore.
To be honest digital currencies can never overcome the fiat's,it just that we created this coin ,come use it and we will dump some day cause we have the majority of it ..lol why are people cashing out if it is the future ? I think its easy to say that in a couple years there is no crypto anymore.
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February 02, 2016, 08:58:58 AM
 #1958

of course i will choose bitcoin for invest and gold for jewelry Smiley
bitcoin have great potential to be 1st currency in the world

in next 20year im sure more people will use bitcoin every where
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February 02, 2016, 12:44:44 PM
 #1959

of course i will choose bitcoin for invest and gold for jewelry Smiley
bitcoin have great potential to be 1st currency in the world

in next 20year im sure more people will use bitcoin every where


I am looking for that if I get jewelry for bitcoin means simply happy about that.
Yeah in this year adoption rate very high this gonna change world economy and market soon
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February 02, 2016, 02:47:43 PM
 #1960

Gold is better as a long term investment with very low profit probability and mainly as a form of saving money, BTC is a very high risk investment and probability of making profit is high but probability of losing the invested money is high as well.
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