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Author Topic: Bitcoin or gold?  (Read 984414 times)
chokesir
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February 11, 2016, 11:37:11 PM
 #2081

I'd obviously choose Bitcoin. Gold is, of course, the safest option, but won't yield much in return, you'll just keep your money.
While with Bitcoin, you will actually get richer, it's an investment.

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Scream
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February 12, 2016, 02:43:18 AM
 #2082

I'd obviously choose Bitcoin. Gold is, of course, the safest option, but won't yield much in return, you'll just keep your money.
While with Bitcoin, you will actually get richer, it's an investment.

how about this plan :
i save 70% of my money at bitcoin and 30% at gold ?
i think this composition is smart plan Smiley
arbitrage
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February 12, 2016, 10:08:15 AM
 #2083

I'd obviously choose Bitcoin. Gold is, of course, the safest option, but won't yield much in return, you'll just keep your money.
While with Bitcoin, you will actually get richer, it's an investment.

how about this plan :
i save 70% of my money at bitcoin and 30% at gold ?
i think this composition is smart plan Smiley
Best solution is never stick with only one good..
Try to have as much as you can, Bitcoins, Gold, Silver, Land..
You can't predict what will tomorrow be..
bitlancr
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February 12, 2016, 11:27:16 AM
 #2084

I would choose for the bitcoin, the gold is also unstable these days plus I'm thinking the bitcoin has a better future a head for us all.
I think its just a matter of time till the bitcoin will be the nr.1 currency available.
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February 12, 2016, 11:37:04 AM
 #2085

I would choose for the bitcoin, the gold is also unstable these days plus I'm thinking the bitcoin has a better future a head for us all.
I think its just a matter of time till the bitcoin will be the nr.1 currency available.
I prefer gold honestly. Namely gold can not just go out and you can hold it.
Bitcoins is simply money online and it can disappear.
pneumatic5
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February 12, 2016, 11:39:18 AM
 #2086

I would choose for the bitcoin, the gold is also unstable these days plus I'm thinking the bitcoin has a better future a head for us all.
I think its just a matter of time till the bitcoin will be the nr.1 currency available.

But bitcoin doesn't guarantee us success in long run, as we are not pretty sure that what would be the future of bitcoins, and whether it will become no 1 currency or not that time will tell us, I would surely choose gold.

gregyoung14
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February 12, 2016, 11:52:55 AM
 #2087

I would choose for the bitcoin, the gold is also unstable these days plus I'm thinking the bitcoin has a better future a head for us all.
I think its just a matter of time till the bitcoin will be the nr.1 currency available.

But bitcoin doesn't guarantee us success in long run, as we are not pretty sure that what would be the future of bitcoins, and whether it will become no 1 currency or not that time will tell us, I would surely choose gold.

Yea, given the chance. I would actually go for gold. Classic investment. Not to mention, secured and safe. Smiley
Supercrypt
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February 12, 2016, 12:37:16 PM
 #2088

I'd obviously choose Bitcoin. Gold is, of course, the safest option, but won't yield much in return, you'll just keep your money.
While with Bitcoin, you will actually get richer, it's an investment.
Bitcoin can earn you a lot if you hold bitcoins for more than 6 months at least (as the price increases every six months to earn one a good profit). With gold, it rarely happens that you make a good amount as the price increases by $100-$200 every year but the wait make users too impatient.
fruitcommander
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February 12, 2016, 12:37:43 PM
 #2089

I would choose for the bitcoin, the gold is also unstable these days plus I'm thinking the bitcoin has a better future a head for us all.
I think its just a matter of time till the bitcoin will be the nr.1 currency available.

But bitcoin doesn't guarantee us success in long run, as we are not pretty sure that what would be the future of bitcoins, and whether it will become no 1 currency or not that time will tell us, I would surely choose gold.

Yea, given the chance. I would actually go for gold. Classic investment. Not to mention, secured and safe. Smiley


Yeah, and gold is more stable as compared to bitcoins, no doubt the profit making is time consuming in gold but we can afford to wait, as we are sure that gold will give us good profits in long run even we have to wait it long.
Nameless Coin
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February 12, 2016, 02:28:12 PM
 #2090

I'd obviously choose Bitcoin. Gold is, of course, the safest option, but won't yield much in return, you'll just keep your money.
While with Bitcoin, you will actually get richer, it's an investment.
Bitcoin can earn you a lot if you hold bitcoins for more than 6 months at least (as the price increases every six months to earn one a good profit). With gold, it rarely happens that you make a good amount as the price increases by $100-$200 every year but the wait make users too impatient.

I myself prefer gold. But I know that most people choose for Bitcoin.
I honestly do not know why I choose gold itself. Maybe because I can hold it.
iamthesky
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February 12, 2016, 02:29:51 PM
 #2091

I'd obviously choose Bitcoin. Gold is, of course, the safest option, but won't yield much in return, you'll just keep your money.
While with Bitcoin, you will actually get richer, it's an investment.
Bitcoin can earn you a lot if you hold bitcoins for more than 6 months at least (as the price increases every six months to earn one a good profit). With gold, it rarely happens that you make a good amount as the price increases by $100-$200 every year but the wait make users too impatient.

I myself prefer gold. But I know that most people choose for Bitcoin.
I honestly do not know why I choose gold itself. Maybe because I can hold it.

The only reason people choose gold is that it is traditional and much mature as compared to bitcoin, bitcoin is still in its younger stage and it makes people think twice before investing their money into bitcoin, as the future of bitcoin is unpredictable.
Kprawn
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February 12, 2016, 03:52:49 PM
 #2092

I'd obviously choose Bitcoin. Gold is, of course, the safest option, but won't yield much in return, you'll just keep your money.
While with Bitcoin, you will actually get richer, it's an investment.
Bitcoin can earn you a lot if you hold bitcoins for more than 6 months at least (as the price increases every six months to earn one a good profit). With gold, it rarely happens that you make a good amount as the price increases by $100-$200 every year but the wait make users too impatient.

I myself prefer gold. But I know that most people choose for Bitcoin.
I honestly do not know why I choose gold itself. Maybe because I can hold it.

The only reason people choose gold is that it is traditional and much mature as compared to bitcoin, bitcoin is still in its younger stage and it makes people think twice before investing their money into bitcoin, as the future of bitcoin is unpredictable.

True, but it's also a stable and less volatile commodity. It holds it's value and there is a limited supply, so you guaranteed that it would be a safe haven

and a hedge against more volatile commodities. Bitcoin have the same characteristics, but it's a lot more volatile. This will change over time, as more

coins get distributed amongst more people.

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yugo23
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February 12, 2016, 03:54:40 PM
 #2093

You know, few days ago I would have said btc without a doubt, but with what's happening, gold seems pretty attractive again...
http://www.theguardian.com/business/2015/oct/07/next-financial-crash-is-coming-imf-global-stability-report
kotwica666
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February 12, 2016, 06:33:33 PM
 #2094

You know, few days ago I would have said btc without a doubt, but with what's happening, gold seems pretty attractive again...
http://www.theguardian.com/business/2015/oct/07/next-financial-crash-is-coming-imf-global-stability-report

Yep.. The movements of prices may be due for example to the world recession. China is already starting to feel it:
https://www.rt.com/business/332125-china-gold-demand-increase/
As long as the gold is the main security for most economies, it is a good investment. What does not change the fact that Bitcoin is the future! Wink

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markj113
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February 12, 2016, 06:56:36 PM
 #2095

All this current global economic turmoil driving silver and gold prices has not resulted in any additional cash flowing in to bitcoin.

Bitcoin price is stagnent and if the halving doesnt have a big impact on bitcoin price there will be a few bag holders crying in to their paper wallets.
chennan
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February 12, 2016, 07:19:50 PM
 #2096

All this current global economic turmoil driving silver and gold prices has not resulted in any additional cash flowing in to bitcoin.

Bitcoin price is stagnent and if the halving doesnt have a big impact on bitcoin price there will be a few bag holders crying in to their paper wallets.

Probably due to the uncertainty to what is going to happen with the blockchain.  We can sit here and speculate all day about gold and bitcoin all day... but the fact that the monetary system isn't going to last much longer is inevitable (whether it's in 2-5 years). So we all need to plan accordingly.

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February 12, 2016, 07:57:38 PM
 #2097

I would prefer to invest my money into bitcoins, as I feel that bitcoin is the future currency, and its high volatility would allow me to earn some good profits in future, so I would choose bitcoin for sure.
ampere
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February 12, 2016, 10:36:28 PM
 #2098

For short term bitcoin
For long term gold
And why not both?? may be 50 50 would be great to invest in both the products.
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February 12, 2016, 11:03:45 PM
 #2099

I would choose for gold, I love long term investments.

Also thinking that gold has a better future in a long term.

Although the bitcoin is the future of all currency's
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February 12, 2016, 11:10:08 PM
 #2100

I would choose for gold, I love long term investments.

Also thinking that gold has a better future in a long term.

Although the bitcoin is the future of all currency's

If you really are believing that Bitcoin is the future of all currencies, then why don't you pick Bitcoin as long term investment? If what you say will really happen then Bitcoin will give you a x100-x200 higher return compared to gold.
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