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Author Topic: Bitcoin or gold?  (Read 984414 times)
phreaky
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February 02, 2016, 02:54:14 PM
 #1961

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.

I think bitcoin has his risks but the bitcoin also got a good future a head for a lot.
I would choose for the bitcoin its also the currency of the future.
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February 04, 2016, 03:05:20 PM
 #1962

[...]

Gold will be driven underground. If you have too much gold jewelry on, they will pull you over and weight it at the airport. So, this guy would be in trouble.

In all cases where a currency has been cancelled or the confidence in government collapses to any extent, from Russia to a Zimbabwe event, the people use the currency of a neighboring country. The best thing for Europeans to do right now is to hoard U.S. dollars in cash — not euros, and not even Swiss francs. The Swiss will surrender to the demands of the EU, so I would not count on those 1,000 Swiss franc notes remaining valid for long either. The USA would find it extremely difficult to move to electronic currency. The USD remains the legal tender since 1792. It has never been cancelled and it might even spark a breakup of the USA with the Bible Belt whom is moving to secede.

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February 04, 2016, 03:41:31 PM
 #1963

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.

Low profit? I don't even know if you can call it profit at such amount...

Gold is not something for profits, it's something for stocking value with a very low risk. But if you want to "invest" in something God everything is better than gold xD
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February 04, 2016, 04:04:31 PM
 #1964

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.

Low profit? I don't even know if you can call it profit at such amount...

Gold is not something for profits, it's something for stocking value with a very low risk. But if you want to "invest" in something God everything is better than gold xD

Gold is up 8% this year to date
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February 04, 2016, 04:24:10 PM
 #1965

This is a topic that is never going to die I don't think. I stand strong with my decision, Gold, Silver and Bitcoin. My preference. To each their own.

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February 04, 2016, 04:30:51 PM
 #1966

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
Investing in bitcoin is real venture investment and in my opinion it is in venture capital family, however Gold did not have good months generally speaking and it has  a lot of decreasing of price.

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dothebeats
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February 04, 2016, 05:09:05 PM
 #1967

Diversity is the key! Lol, seriously I think housing and lands are the best investment long-term as these two tend to appreciate value over time as the need for space and place to live in arises. Gold and bitcoin are speculative assets; no assurances that they will work for you or your investment.

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markj113
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February 04, 2016, 05:14:08 PM
 #1968

This is a topic that is never going to die I don't think. I stand strong with my decision, Gold, Silver and Bitcoin. My preference. To each their own.

Agree, I put my money where my mouth is and happy with my decision.

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February 04, 2016, 05:52:09 PM
 #1969

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
Investing in bitcoin is real venture investment and in my opinion it is in venture capital family, however Gold did not have good months generally speaking and it has  a lot of decreasing of price.

Yes investing in bitcoin is always a smart option but i don't think gold's value will ever decrease there might be slight downfall but again it comes back to its stable price with a hike
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February 04, 2016, 06:30:07 PM
 #1970

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
Investing in bitcoin is real venture investment and in my opinion it is in venture capital family, however Gold did not have good months generally speaking and it has  a lot of decreasing of price.

Yes investing in bitcoin is always a smart option but i don't think gold's value will ever decrease there might be slight downfall but again it comes back to its stable price with a hike

You never know what happens with the price of gold. If somehow a huge load of new gold is being found somewhere in the world, then it will heavily affect the price of gold. Gold has basically an endless supply. That's the risk.
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February 04, 2016, 06:32:23 PM
 #1971

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
Investing in bitcoin is real venture investment and in my opinion it is in venture capital family, however Gold did not have good months generally speaking and it has  a lot of decreasing of price.

Yes investing in bitcoin is always a smart option but i don't think gold's value will ever decrease there might be slight downfall but again it comes back to its stable price with a hike

You never know what happens with the price of gold. If somehow a huge load of new gold is being found somewhere in the world, then it will heavily affect the price of gold. Gold has basically an endless supply. That's the risk.

If you are suggesting gold is more volatile and risky than bitcoin then you are retarded.

Bitcoin could go to literally zero value like many other altcoins.  Gold will never be valued at zero!

Gold does not have an infinite supply, bitcoin does as its just digits on a screen which are infinitly divisible.
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February 04, 2016, 06:41:33 PM
 #1972

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
Investing in bitcoin is real venture investment and in my opinion it is in venture capital family, however Gold did not have good months generally speaking and it has  a lot of decreasing of price.

Yes investing in bitcoin is always a smart option but i don't think gold's value will ever decrease there might be slight downfall but again it comes back to its stable price with a hike

You never know what happens with the price of gold. If somehow a huge load of new gold is being found somewhere in the world, then it will heavily affect the price of gold. Gold has basically an endless supply. That's the risk.

If you are suggesting gold is more volatile and risky than bitcoin then you are retarded.

Bitcoin could go to literally zero value like many other altcoins.  Gold will never be valued at zero!

Gold does not have an infinite supply, bitcoin does as its just digits on a screen which are infinitly divisible.

actually no bitcoin can not go to zero like other altcoin, other altcoin go to zero because they are a simple copy paste, bitcoin is different is the first, the one that have initiated the crypto scene, it will never die, in the worst case it will remain a niche market with a bad value

also i can argue that gold has a infinite supply(other planet have high chances to have gold), why bitcoin is at least hard limted on the code, you can not change it at will even if infinite divisible
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February 04, 2016, 06:43:03 PM
 #1973

All technology is eventually replaced with something bigger and better, just a matter of time.
markj113
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February 04, 2016, 06:48:37 PM
 #1974

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
Investing in bitcoin is real venture investment and in my opinion it is in venture capital family, however Gold did not have good months generally speaking and it has  a lot of decreasing of price.

Yes investing in bitcoin is always a smart option but i don't think gold's value will ever decrease there might be slight downfall but again it comes back to its stable price with a hike

You never know what happens with the price of gold. If somehow a huge load of new gold is being found somewhere in the world, then it will heavily affect the price of gold. Gold has basically an endless supply. That's the risk.

If you are suggesting gold is more volatile and risky than bitcoin then you are retarded.

Bitcoin could go to literally zero value like many other altcoins.  Gold will never be valued at zero!

Gold does not have an infinite supply, bitcoin does as its just digits on a screen which are infinitly divisible.

actually no bitcoin can not go to zero like other altcoin, other altcoin go to zero because they are a simple copy paste, bitcoin is different is the first, the one that have initiated the crypto scene, it will never die, in the worst case it will remain a niche market with a bad value

also i can argue that gold has a infinite supply(other planet have high chances to have gold), why bitcoin is at least hard limted on the code, you can not change it at will even if infinite divisible

Its a lot easier for a few devs to change a couple of lines a code than it is to develop, build, launch and return deep space mining spacecraft all the while making it cost effective  Grin

Example :
https://bitcointalk.org/index.php?topic=1353105.new;boardseen#new
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February 04, 2016, 07:34:40 PM
 #1975

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
Investing in bitcoin is real venture investment and in my opinion it is in venture capital family, however Gold did not have good months generally speaking and it has  a lot of decreasing of price.

Yes investing in bitcoin is always a smart option but i don't think gold's value will ever decrease there might be slight downfall but again it comes back to its stable price with a hike

You never know what happens with the price of gold. If somehow a huge load of new gold is being found somewhere in the world, then it will heavily affect the price of gold. Gold has basically an endless supply. That's the risk.

If you are suggesting gold is more volatile and risky than bitcoin then you are retarded.

Bitcoin could go to literally zero value like many other altcoins.  Gold will never be valued at zero!

Gold does not have an infinite supply, bitcoin does as its just digits on a screen which are infinitly divisible.

actually no bitcoin can not go to zero like other altcoin, other altcoin go to zero because they are a simple copy paste, bitcoin is different is the first, the one that have initiated the crypto scene, it will never die, in the worst case it will remain a niche market with a bad value

also i can argue that gold has a infinite supply(other planet have high chances to have gold), why bitcoin is at least hard limted on the code, you can not change it at will even if infinite divisible

Its a lot easier for a few devs to change a couple of lines a code than it is to develop, build, launch and return deep space mining spacecraft all the while making it cost effective  Grin

Example :
https://bitcointalk.org/index.php?topic=1353105.new;boardseen#new


you see dev need consensus, you can clearly see this with the capacity issue, without real consensus no update will be accepted ever, but yes going on another planet is harder, i can agree on this  Cheesy
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February 04, 2016, 07:57:58 PM
 #1976

I would choose bitcoins instead of gold, the bitcoin is the future currency.
The price of bitcoins will rise when you long term invest.

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February 04, 2016, 09:52:23 PM
 #1977

Both are worthy investments

BTC: 1Q3B9pr84adJJxBNmo3w3FaEWgcCjCSPTv | ETH: 0x1A053Df90E06f59fc7Aeb12F7a7Ea1f47FA53748 | LTC: LYUQYCy7S68Yry2qv3XRC7xx62GbHZEWhH | BCH: lol Wink
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February 04, 2016, 09:59:52 PM
 #1978

Gold don't have endless supply just as oil and other precious metals..
Over time with demand and with scarcity price will rise that is the LAW!
Only if annunaki decide to return on earth and teaches us how to fully materialize thoughts,
but i don't believe they will be so kind.

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February 04, 2016, 10:09:16 PM
 #1979

I believe that investing money in gold is much more safer than investing in bitcoin because bitcoin price has more extreme movements than any other market.
So if you do not like high risk, do not invest in BTC
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February 04, 2016, 10:25:00 PM
 #1980

I believe that investing money in gold is much more safer than investing in bitcoin because bitcoin price has more extreme movements than any other market.
So if you do not like high risk, do not invest in BTC
Yes but you can make more money if you use knowledge and have nervs of steel!
Gold is safe investment and you can store value with this and you know your children will get more from it ..
Bitcoin is good opportunity but it is far from safe ground!
You can wake up tomorrow and see disaster!

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