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Author Topic: Bitcoin or gold?  (Read 984414 times)
randy8777
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February 27, 2016, 04:39:30 PM
 #2281

If you want investment with great return, chose BTC.

With Bitcoin, I am not sure whether I will get any return or not.  Grin

You can't predict the future of Bitcoin, because it is relatively new. There is a good chance that the value of Bitcoin can go up by several times in the near future. But there is also a very significant chance that it can become worthless.

the fact that bitcoin is still a relatively new currency/investment says enough. there is a huge amount of potential profit that we can make when investing in bitcoin and hold it for a few years.
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newcoins1978
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February 27, 2016, 07:19:41 PM
 #2282

If you want investment with great return, chose BTC.

With Bitcoin, I am not sure whether I will get any return or not.  Grin

You can't predict the future of Bitcoin, because it is relatively new. There is a good chance that the value of Bitcoin can go up by several times in the near future. But there is also a very significant chance that it can become worthless.

the fact that bitcoin is still a relatively new currency/investment says enough. there is a huge amount of potential profit that we can make when investing in bitcoin and hold it for a few years.

Well both items can be mined but no they are not the same. Gold being the leader in value since ages is clearly the winner.
But bitcoin is a good runner up. Maybe even the winner since it is so young.
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February 28, 2016, 07:11:33 AM
 #2283

I am a very risky person, but I would definitely choose gold. I am just not risky enough to put all money into Bitcoin.


 
 
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dragonusa9
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February 28, 2016, 08:26:54 AM
 #2284

I am a very risky person, but I would definitely choose gold. I am just not risky enough to put all money into Bitcoin.
choosing gold is good choice, but it's depend how you can keep that gold
it's nothing if the gold got stolen by other, but Bitcoin can't be stolen by other easily like gold
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February 28, 2016, 09:29:23 AM
 #2285

Both for definite, the thing is, both have their plus and minus points, in this day and age Bitcoin and cryptocurrencies are far more practical but if the world does end you'll still want to have gold and silver on hand just in case, it's also a lot easier to store crypto's for the long run
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February 28, 2016, 09:50:47 AM
 #2286

I am a very risky person, but I would definitely choose gold. I am just not risky enough to put all money into Bitcoin.
Lol you admit that you are prepared to accept the risk. but did not dare to take the risk of investing into bitcoin. That's weird
what makes you dare not. to take investment risks to bitcoin?
JosNekoKopa
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February 28, 2016, 02:36:57 PM
 #2287

But there is also a very significant chance that it can become worthless.
I believe there is no chance for BTC to become worthless.
With this market cap and this awareness raising about bitcoin?
 But i suppose we will see and downfalls as well. This can be even better if you are prepared.
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February 28, 2016, 02:54:43 PM
 #2288

I am a very risky person, but I would definitely choose gold. I am just not risky enough to put all money into Bitcoin.
hey bitcoin no risk of you thought. fluctuation is not a big risk. you just need to wait patiently to resolve this issue
trinaldao
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February 28, 2016, 02:56:14 PM
 #2289

But there is also a very significant chance that it can become worthless.
I believe there is no chance for BTC to become worthless.
With this market cap and this awareness raising about bitcoin?
 But i suppose we will see and downfalls as well. This can be even better if you are prepared.

i think the bitcoin price will be rising everyday, consistenly and slowly but surely Smiley
block halving is biggest supporter for rising price in this year

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February 28, 2016, 03:13:40 PM
 #2290

But there is also a very significant chance that it can become worthless.
I believe there is no chance for BTC to become worthless.
With this market cap and this awareness raising about bitcoin?
 But i suppose we will see and downfalls as well. This can be even better if you are prepared.

i think the bitcoin price will be rising everyday, consistenly and slowly but surely Smiley
block halving is biggest supporter for rising price in this year

Block halving can be mentioned as a part in these days growth, but experts say its just the normal growth.
I believe this to be the bitcoins normal growth. Only when halving occurs we know what is true.

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BeGoods
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February 28, 2016, 03:44:59 PM
 #2291

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.
in fact. that is not in physical form. more easily stored. and are not easily hacked. but the people, says another. gold is safe enough for investment. but if you want to continue to be in a comfort zone. there are times when you must take risks to invest in bitcoin, it could make a big profit
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February 28, 2016, 04:50:39 PM
 #2292

Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.
Essentially, you can use gold to invest in a long time, because gold is always valuable, but if you want to try to do business, then bitcoin is better than gold, because it is so much choice in doubling the bitcoin. I prefer bitcoin than gold today

sure gold always valuable..? can you explain about supply of gold ?
we must invest at bitcoin where bitcoin have block halving system to control bitcoin supply
dragonusa9
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February 28, 2016, 06:36:22 PM
 #2293

Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.
Essentially, you can use gold to invest in a long time, because gold is always valuable, but if you want to try to do business, then bitcoin is better than gold, because it is so much choice in doubling the bitcoin. I prefer bitcoin than gold today

sure gold always valuable..? can you explain about supply of gold ?
we must invest at bitcoin where bitcoin have block halving system to control bitcoin supply
yeah, you only can get gold from mining underground.
and the gold supply isn't unlimited like bitcoin, so that's why the gold will be a good choice to invest long time
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February 28, 2016, 06:40:23 PM
 #2294

both are good.
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February 28, 2016, 06:50:35 PM
 #2295

Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.
Essentially, you can use gold to invest in a long time, because gold is always valuable, but if you want to try to do business, then bitcoin is better than gold, because it is so much choice in doubling the bitcoin. I prefer bitcoin than gold today

sure gold always valuable..? can you explain about supply of gold ?
we must invest at bitcoin where bitcoin have block halving system to control bitcoin supply
yeah, you only can get gold from mining underground.
and the gold supply isn't unlimited like bitcoin, so that's why the gold will be a good choice to invest long time

Yes investing in gold is a very good idea for long term but investing in bitcoin is worth risk taking if everything goes well you can earn a lot in bitcoin

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February 28, 2016, 06:58:31 PM
 #2296

Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.
Essentially, you can use gold to invest in a long time, because gold is always valuable, but if you want to try to do business, then bitcoin is better than gold, because it is so much choice in doubling the bitcoin. I prefer bitcoin than gold today

sure gold always valuable..? can you explain about supply of gold ?
we must invest at bitcoin where bitcoin have block halving system to control bitcoin supply
yeah, you only can get gold from mining underground.
and the gold supply isn't unlimited like bitcoin, so that's why the gold will be a good choice to invest long time

Yes investing in gold is a very good idea for long term but investing in bitcoin is worth risk taking if everything goes well you can earn a lot in bitcoin

Well both are quite risky. Remember OIL? Nobody expected it go this low ever.
And look now. The financial world just kicked it out, like it was nothing. The same applies for bitcoin and gold.
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February 28, 2016, 07:14:14 PM
 #2297

people will always need oil and gold and the oil price drop is a blip and will not last too long.

Until a few years ago bitcoin did not even exist, so which is easiest to replace and forget.
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February 28, 2016, 07:55:45 PM
 #2298

Gold is an asset which must be held for at least 10 or 20 years.
Yes but this is something for your kids..
You can buy them investment gold on day they are born, better than saving money for their school.
This is right approach.
If you want investment with great return, chose BTC.
Essentially, you can use gold to invest in a long time, because gold is always valuable, but if you want to try to do business, then bitcoin is better than gold, because it is so much choice in doubling the bitcoin. I prefer bitcoin than gold today

sure gold always valuable..? can you explain about supply of gold ?
we must invest at bitcoin where bitcoin have block halving system to control bitcoin supply
yeah, you only can get gold from mining underground.
and the gold supply isn't unlimited like bitcoin, so that's why the gold will be a good choice to invest long time
Bitcoin is not unlimited either, after approximately year 2040 almost all bitcoins (>99%) will be found.

I would even say that it will be a lot easier to find gold in 2040 than bitcoins  Cheesy

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February 28, 2016, 08:43:54 PM
 #2299

Bitcoin supply is unlimited because its infinitly divisible.

You could divide 1 bitcoin between everyone on the planet if you wanted too.
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February 28, 2016, 08:44:35 PM
 #2300

I would choose for the gold because gold is way more secure to invest if you ask me, the bitcoin is also good to invest but it not really long on the market and it can collapse,

Also if you think about the fact that gold is one of the primary currency's on the world so that is another reason why gold is much safer to invest on a long term.
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