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Author Topic: Bitcoin or gold?  (Read 984412 times)
expert4knowledge
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March 22, 2016, 09:00:02 PM
 #2581

Bitcoin is a disruptive technological protocol in its infancy.  It is still in the process of price discovery and as additional layers of interface are added on top of the protocol, the difference will be equivalent to the difference between the internet today and the internet in the 1980's.  It is impossible to predict what bitcoin will be like in 10 years, but I expect it will be exponentially more useful (and as such, exponentially more valuable) by then.
I think bitcoin is more grown now compared to internet in 80s however we can expect that new aspects of bitcoin merges in future but it has many fans now. For long term investment and specially risky investment I prefer bitcoin.

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March 22, 2016, 09:11:19 PM
 #2582

I am a very conservative person. If I only had those two options, perhaps I would invest most of my capital in gold, however to be realistic I always prefer to diversify my capital, and these days I would prefer to invest in other options, especially forex.
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March 23, 2016, 07:14:35 AM
 #2583

I am a very conservative person. If I only had those two options, perhaps I would invest most of my capital in gold, however to be realistic I always prefer to diversify my capital, and these days I would prefer to invest in other options, especially forex.
Gold is good for long term investment anyone can invest in there and can forget but in bitcoin people must have to alert with its price everytime in order to benefit from it and to stay away from any loss. To diversify your investments, I suggest you to go with 50% in both gold and bitcoin.

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March 23, 2016, 09:25:39 AM
 #2584

Many people like gold. But that will not exist anymore in the future I think. It will disappear slowly, because Bitcoin will be the future.
You can see now also that Bitcoin is more popular now and more used. The only thing that must change is that it must be more acceptable.
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March 23, 2016, 10:41:59 AM
 #2585

Bitcoin is completely based on technology, but the gold is not like that and it has also got historical value. Bitcoin has the highest price than gold but in reality bitcoin has not got the acceptance as gold has got. So bitcoin needs to go long to be near to gold.
gold price is higher than the price of bitcoin the current gold price is 1200 usd. it was 3 fold the price of bitcoin. of the price bitcoin down long with gold. and the price of gold is more stable


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March 23, 2016, 05:20:49 PM
 #2586

Many people like gold. But that will not exist anymore in the future I think. It will disappear slowly, because Bitcoin will be the future.
You can see now also that Bitcoin is more popular now and more used. The only thing that must change is that it must be more acceptable.
I think this point of view is a bit optimistic unless you mean more than 50-60 yrs by future. However it may be a small competent for gold in the next few years.

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March 23, 2016, 05:23:04 PM
 #2587

As we can see that gold is better investment since their value quite stable rather than bitcoin

Many people like gold. But that will not exist anymore in the future I think. It will disappear slowly, because Bitcoin will be the future.
You can see now also that Bitcoin is more popular now and more used. The only thing that must change is that it must be more acceptable.
I think this point of view is a bit optimistic unless you mean more than 50-60 yrs by future. However it may be a small competent for gold in the next few years.

Just like gold, bitcoin also can difficult to mine in the future so the price might be higher than current price.
But IMO, bitcoin more pratical to being used as direct trade compare to gold !
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March 23, 2016, 05:31:21 PM
 #2588

Bitcoin as we all expect has a long journey till achieve full potencial,if it will cross the limits from the past,in value.
Bitcoin is really good and potencial is really high, but this can be also disturbed with some events like hackers attacks or GOXED exchanges, or even talk about Sathoshi wallets can harm bitcoin because people know this is also very speculative investment.
All this is not the case with gold!  Cool

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March 23, 2016, 06:15:54 PM
 #2589

Many people like gold. But that will not exist anymore in the future I think. It will disappear slowly, because Bitcoin will be the future.
You can see now also that Bitcoin is more popular now and more used. The only thing that must change is that it must be more acceptable.

Bitcoin is not in the stock market, you just buy it from exchanges, and yes it does have value, no body want a monopoly of money by government.
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March 23, 2016, 06:24:01 PM
 #2590

I would go for the bitcoin if I'm honest because its much easier with investing and also the fact you can create profit in a short term is nice.
With the gold you will need a lot of patience to make money.
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March 23, 2016, 06:41:47 PM
 #2591

I would go for the bitcoin if I'm honest because its much easier with investing and also the fact you can create profit in a short term is nice.
With the gold you will need a lot of patience to make money.

The gold is much better because its much stabler if you ask me the bitcoin can easy collapse right ?
If you want to invest for a short term you can make money with the bitcoin but on the long term it gets more difficult.
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March 23, 2016, 06:44:41 PM
 #2592

Buying glod it's like puting your money in strongbox without any changes at my opinion. Better to try get profit from bitocin also price can multiply later and profit will be so pleasant Wink

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March 23, 2016, 06:58:57 PM
 #2593

I'm going for the bitcoin because it has a much better future if you ask me, everything is gonna get more digital these days.
So the bitcoin has a much better future if you ask me, also because its fully digital and has a nice price for people that want to invest.
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March 23, 2016, 07:02:34 PM
 #2594

Many people like gold. But that will not exist anymore in the future I think. It will disappear slowly, because Bitcoin will be the future.
You can see now also that Bitcoin is more popular now and more used. The only thing that must change is that it must be more acceptable.

Bitcoin is not in the stock market, you just buy it from exchanges, and yes it does have value, no body want a monopoly of money by government.

Its not in traditional stock markets obviously, but there are companies that can be affiliated through bitcoin if they filed to be public.

Eg: if coinbase were to ever go public then private

Even though its not, the normal exchanges provided to bitcoin should be acted as the same - buy/sell orders along with the problems come with it.

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March 24, 2016, 08:25:55 AM
 #2595

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.

i would choose bitcoin, gold is pretty old and price rises aren't so huge like bitcoin, yes bitcoin is new but you can predict it's price even now, and price will rise for next 10 years for sure, so i trust bitcoin more than gold and would invest in bitcois
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March 24, 2016, 02:21:47 PM
 #2596

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.

i would choose bitcoin, gold is pretty old and price rises aren't so huge like bitcoin, yes bitcoin is new but you can predict it's price even now, and price will rise for next 10 years for sure, so i trust bitcoin more than gold and would invest in bitcois
Yes me too. Gold will not survive in the future and that is the problem, because the world is becoming more digital and that is good for Bitcoin.
Gold is now many used, but you can see now that it is reducing so that is quite bad.
And you see that Bitcoin is becoming more popular.
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March 24, 2016, 02:33:03 PM
 #2597


Yes me too. Gold will not survive in the future and that is the problem, because the world is becoming more digital and that is good for Bitcoin.
Gold is now many used, but you can see now that it is reducing so that is quite bad.
And you see that Bitcoin is becoming more popular.

Not sure where you are getting your facts, actually I do your making them up.

Gold not being digital is a bonus, there is no 3rd party risk.  It does not need a computer, internet, supporting network and software.  You hold it you own it.

As for gold demand reducing the complete oposite is true.



Suggest you read up on the facts before posting garbage.
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March 24, 2016, 02:33:44 PM
 #2598

I would rather go with gold this has the highest value than any other items. Gold can also be part of bitcoin once we encash this you can turn them into big money of investment. You are considered rich when you have just make sure that you know how to play your money..

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March 24, 2016, 02:37:07 PM
 #2599


Yes me too. Gold will not survive in the future and that is the problem, because the world is becoming more digital and that is good for Bitcoin.
Gold is now many used, but you can see now that it is reducing so that is quite bad.
And you see that Bitcoin is becoming more popular.

Not sure where you are getting your facts, actually I do your making them up.

Gold not being digital is a bonus, there is no 3rd party risk.  It does not need a computer, internet, supporting network and software.  You hold it you own it.

As for gold demand reducing the complete oposite is true.

Suggest you read up on the facts before posting garbage.

gold can not be used directly to buy stuff can it? i don't remember now

you need always to dump it for fiat, also there is plenty of details(you identity also) to give to the guy who you're going to sell it, it's not hassle free

bitcoin it's hassle free that's why i like it
markj113
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March 24, 2016, 02:39:24 PM
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Yes me too. Gold will not survive in the future and that is the problem, because the world is becoming more digital and that is good for Bitcoin.
Gold is now many used, but you can see now that it is reducing so that is quite bad.
And you see that Bitcoin is becoming more popular.

Not sure where you are getting your facts, actually I do your making them up.

Gold not being digital is a bonus, there is no 3rd party risk.  It does not need a computer, internet, supporting network and software.  You hold it you own it.

As for gold demand reducing the complete oposite is true.

Suggest you read up on the facts before posting garbage.

gold can not be used directly to buy stuff can it? i don't remember now

you need always to dump it for fiat, also there is plenty of details(you identity also) to give to the guy who you're going to sell it, it's not hassles free

bitcoin it's hassles free that's why i like it

You like to keep spouting the same crap too.

You do not need to give any I.D to sell gold (maybe where you live but not here)

Dont forget, most countried actually have gold legal tender coins, so in theory most countries in world you can buy goods directly with gold.

What % of global retailers accept bitcoin as a form of payment, 0.000001% ?

I bet more stores globaly would accept gold for payment than bitcoin, problem is people on this forum live in a bitcoin bubble where everyone else here is like minded.

@ Amph, how much gold have you ever actually owned cause you keep posting like you are an expert on the subject?
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