gilangIDR
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Activity: 1526
Merit: 1001
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February 25, 2016, 02:10:52 AM |
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Both are very good. But I think Gold is good because you can hold it and store it at home etc.
You cant see Bitcoin, its just online money and people think that it is not so safe as gold...
You cannot say that gold is totally safe. it can be theft. Bitcoin is more subjected to hack because of its presence online. otherwise its OK to invest in bitcoins too. but at least with the gold we would not be too frightened by the present bitcoin prices rise and fall dramatically. in fact gold is much safer than other investments. |
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"You Asked For Change, We Gave You Coins" -- casascius
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ajun96
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February 25, 2016, 03:02:00 AM |
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Both are very good. But I think Gold is good because you can hold it and store it at home etc.
You cant see Bitcoin, its just online money and people think that it is not so safe as gold...
You cannot say that gold is totally safe. it can be theft. Bitcoin is more subjected to hack because of its presence online. otherwise its OK to invest in bitcoins too. physical objects easy to steal. you know gold is a physical form while bitcoin is digital. This means that gold will be easier to steal. and not so safe. different with bitcoin |
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Scream
Sr. Member
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Activity: 476
Merit: 250
U will never know the true answer, before you try
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February 25, 2016, 03:03:14 AM |
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Gold has been used as medium of exchange throughout history; however, its inherent characteristics make it quite inefficient as a payment method. Gold is difficult to store or carry and is also very inappropriate for small transactions. On the other hand, Bitcoin is extremely simple to store, easy to carry and also an excellent store of value working as an asset outside of the banking system and government control. source |
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bryant.coleman
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Activity: 3654
Merit: 1217
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February 25, 2016, 05:35:50 AM |
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Gold has been used as medium of exchange throughout history; however, its inherent characteristics make it quite inefficient as a payment method. Gold is difficult to store or carry and is also very inappropriate for small transactions. On the other hand, Bitcoin is extremely simple to store, easy to carry and also an excellent store of value working as an asset outside of the banking system and government control.
Physical gold (bars / bullion coins) is not that easy to carry, or use for financial transactions. That is why we are having Gold ETFs and other forms of "paper gold". I admit that using and storing Bitcoins is quite easy. But what is the point in storing something, if you are not sure whether it will be having any value in the long-term or not? |
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Falconer
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Activity: 2506
Merit: 1125
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February 25, 2016, 05:50:41 AM |
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Physical gold (bars / bullion coins) is not that easy to carry, or use for financial transactions. That is why we are having Gold ETFs and other forms of "paper gold". I admit that using and storing Bitcoins is quite easy. But what is the point in storing something, if you are not sure whether it will be having any value in the long-term or not?
There is nothing to guarantee the future price of bitcoin and so is gold. No one ever guarantee that gold will be the most stable currency back in few hundreds years ago, it is the same as bitcoin today however if you do the simple match than you would know that 21 millions of bitcoin would not be enough for just only 1% of the human's population |
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goinmerry
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Activity: 2940
Merit: 1083
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February 25, 2016, 06:50:47 AM |
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Both are very good. But I think Gold is good because you can hold it and store it at home etc.
You cant see Bitcoin, its just online money and people think that it is not so safe as gold...
You cannot say that gold is totally safe. it can be theft. Bitcoin is more subjected to hack because of its presence online. otherwise its OK to invest in bitcoins too. That would be true. We dont know what can happen. Bitcoin is really safe now. There is a minimal way that someone could break through it. It is good that it is created really safe and anonymous. I will still pick both for investment. |
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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February 25, 2016, 07:25:31 AM |
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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.
interesting..because i'm always traveling or going anywhere,i will pick bitcoin,so many ease can i get from bitcoin than gold,bitcoin more simple to carry and trade,and also can used as payment so fast. |
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VegasCasinoBits
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February 25, 2016, 07:39:01 AM |
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Bitcoin are pretty unstable now, so if its to keep you value i will invest in gold, but over time i think bitcoin will be stable, so its up to you what risk you want.
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expert4knowledge
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February 25, 2016, 09:49:01 AM |
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Bitcoin are pretty unstable now, so if its to keep you value i will invest in gold, but over time i think bitcoin will be stable, so its up to you what risk you want.
There is a simple answer to this question: If you want to get high profit (or lose high!) then invest in bitcoin, otherwise invest in gold. |
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expert4knowledge
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February 25, 2016, 09:50:05 AM |
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Gold is off to good start in 2016, end of the bear market?  i bet it will not return ever to its original peak, 2k per ounce, small correction and little pump here and there are normal there are manipulators everywhere even in the gold market with its 7T marketcap The chart suggest that prices are growing over time, isnt it? So investing is gold is profitable over time? |
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jokerrj
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February 25, 2016, 11:37:30 AM |
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Bitcoin are pretty unstable now, so if its to keep you value i will invest in gold, but over time i think bitcoin will be stable, so its up to you what risk you want.
There is a simple answer to this question: If you want to get high profit (or lose high!) then invest in bitcoin, otherwise invest in gold. That's true, investing in bitcoin involves a higher level of risk, and if you can afford to take that risk then you can go with bitcoins, if you are lucky you will win high or else loose everything. |
Looking for a long term signature campaign. Pm me
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Amph
Legendary
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Activity: 3206
Merit: 1069
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February 25, 2016, 11:39:49 AM |
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Gold is off to good start in 2016, end of the bear market? i bet it will not return ever to its original peak, 2k per ounce, small correction and little pump here and there are normal there are manipulators everywhere even in the gold market with its 7T marketcap The chart suggest that prices are growing over time, isnt it? So investing is gold is profitable over time? it's more of a safe heaven than anything else, well with leverage you can profit from the small correction of gold or any other asset/commodoties, but you can do the same with bitcoin plus earning much more due to high volatility of course you can lose more but this game is for professional traders only not random dude that want to try for the first time... |
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bryant.coleman
Legendary
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Activity: 3654
Merit: 1217
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February 25, 2016, 11:47:24 AM |
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There is nothing to guarantee the future price of bitcoin and so is gold. No one ever guarantee that gold will be the most stable currency back in few hundreds years ago, it is the same as bitcoin today however if you do the simple match than you would know that 21 millions of bitcoin would not be enough for just only 1% of the human's population
Gold has been used by humans as a form of currency for the past 5,000 years or so. It has been the most stable form of currency ever since. Even the fiat currencies used to be backed up by gold, before the gold standard was removed. Can you name any form of asset or currency which is more stable than gold? You won't be able to do that, because there are none. |
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kartaggen
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February 25, 2016, 12:17:18 PM |
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There is nothing to guarantee the future price of bitcoin and so is gold. No one ever guarantee that gold will be the most stable currency back in few hundreds years ago, it is the same as bitcoin today however if you do the simple match than you would know that 21 millions of bitcoin would not be enough for just only 1% of the human's population
Gold has been used by humans as a form of currency for the past 5,000 years or so. It has been the most stable form of currency ever since. Even the fiat currencies used to be backed up by gold, before the gold standard was removed. Can you name any form of asset or currency which is more stable than gold? You won't be able to do that, because there are none. Yes, gold is the best and the most stable currency as an investment, majority of people would choose gold over bitcoin as they are aware gold will never disappoint them. |
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Bitcoinbro
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February 25, 2016, 02:37:42 PM |
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Both are very good. But gold is more trusted. You can even hold gold and see it and safe them in your room and that is pretty good.
Bitcoin is just online and you dont know what it is. It has only a value and you can some earn money from it.
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doctor877
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February 25, 2016, 03:03:07 PM |
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Both are very good. But gold is more trusted. You can even hold gold and see it and safe them in your room and that is pretty good.
Bitcoin is just online and you dont know what it is. It has only a value and you can some earn money from it.
That's true its difficult to trust bitcoins for long run, as we don't know whether it will exist in future or not, but gold is a long term player, and it can give us good returns in future. |
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ampere
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February 25, 2016, 04:09:02 PM |
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Both are very good. But gold is more trusted. You can even hold gold and see it and safe them in your room and that is pretty good.
Bitcoin is just online and you dont know what it is. It has only a value and you can some earn money from it.
That's true its difficult to trust bitcoins for long run, as we don't know whether it will exist in future or not, but gold is a long term player, and it can give us good returns in future. Gold is most trusted product of the people for investing their money, as it has given some good returns in the past and it will continue to give in future too, so I would choose gold over bitcoins. |
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socks435
Legendary
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Activity: 2016
Merit: 1030
Privacy is always important
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February 25, 2016, 04:40:42 PM |
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Both are very good. But gold is more trusted. You can even hold gold and see it and safe them in your room and that is pretty good.
Bitcoin is just online and you dont know what it is. It has only a value and you can some earn money from it.
That's true its difficult to trust bitcoins for long run, as we don't know whether it will exist in future or not, but gold is a long term player, and it can give us good returns in future. Gold is most trusted product of the people for investing their money, as it has given some good returns in the past and it will continue to give in future too, so I would choose gold over bitcoins. I think its better to choose bitcoin than gold because price of bitcoin is not stable you can easily make profit every time the bitcoin is increasing if you buy bitcoin for low price wait for price to increase and sell it when the price reach high average.. buy bitcoin again when the price is low.. so i choose bitcoin.. |
Solving blocks can't be solved without my rigs.
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Nemesis099
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February 25, 2016, 04:43:47 PM |
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Both are very good. But gold is more trusted. You can even hold gold and see it and safe them in your room and that is pretty good.
Bitcoin is just online and you dont know what it is. It has only a value and you can some earn money from it.
That's true its difficult to trust bitcoins for long run, as we don't know whether it will exist in future or not, but gold is a long term player, and it can give us good returns in future. Gold is most trusted product of the people for investing their money, as it has given some good returns in the past and it will continue to give in future too, so I would choose gold over bitcoins. I think its better to choose bitcoin than gold because price of bitcoin is not stable you can easily make profit every time the bitcoin is increasing if you buy bitcoin for low price wait for price to increase and sell it when the price reach high average.. buy bitcoin again when the price is low.. so i choose bitcoin.. Yes, but we don't know what is the lowest price to buy bitcoins as the price is too volatile we cannot be sure that this is the lowest price to buy, it is very complicated to arrive at certain decision. |
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markj113
Legendary
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Activity: 2254
Merit: 1043
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February 25, 2016, 06:21:27 PM |
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I think its better to choose bitcoin than gold because price of bitcoin is not stable you can easily make profit every time the bitcoin is increasing
if you buy bitcoin for low price wait for price to increase and sell it when the price reach high average.. buy bitcoin again when the price is low..
so i choose bitcoin..
Its that easy, really. So I assume you are a multimillionaire by now with all that buy low sell high everytime trading you are doing? |
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