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dragonusa9
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April 17, 2016, 07:41:11 PM |
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Crypto is the better choice to invest in. Just like gold, cryptocurrencies have a "production cost", in this case, the cost of mining. Once a coin goes under that price level, miners will jump ship and the price will go up as downward price pressure from mining disappears.
hmm, i think that Crypto is near sibling of bitcoin though. They are "coins". and i think that crypto can be dead too somewhere in future, so i dont think that crypto is the better choice for long time invest |
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peta4e
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April 17, 2016, 10:06:37 PM |
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Crypto is the better choice to invest in. Just like gold, cryptocurrencies have a "production cost", in this case, the cost of mining. Once a coin goes under that price level, miners will jump ship and the price will go up as downward price pressure from mining disappears.
hmm, i think that Crypto is near sibling of bitcoin though. They are "coins". and i think that crypto can be dead too somewhere in future, so i dont think that crypto is the better choice for long time invest What are you saying mate? Bitcoin is also one of the crypto is nothing different, investing in bitcoin and crypto is the same thing, and its future is unpredictable so if you invest in it you can also go from huge losses if it dies in future. |
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CoinSiteDesigner
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April 18, 2016, 08:28:59 AM |
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Crypto is the better choice to invest in. Just like gold, cryptocurrencies have a "production cost", in this case, the cost of mining. Once a coin goes under that price level, miners will jump ship and the price will go up as downward price pressure from mining disappears.
hmm, i think that Crypto is near sibling of bitcoin though. They are "coins". and i think that crypto can be dead too somewhere in future, so i dont think that crypto is the better choice for long time invest What are you saying mate? Bitcoin is also one of the crypto is nothing different, investing in bitcoin and crypto is the same thing, and its future is unpredictable so if you invest in it you can also go from huge losses if it dies in future. day by day more people are getting to know about bitcoin and everyone loves it and big companies are starting to accept BTC too. So, I don't think bitcoin is going to die anytime soon or I guess never? |
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uname
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April 18, 2016, 09:19:50 AM |
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Crypto is the better choice to invest in. Just like gold, cryptocurrencies have a "production cost", in this case, the cost of mining. Once a coin goes under that price level, miners will jump ship and the price will go up as downward price pressure from mining disappears.
hmm, i think that Crypto is near sibling of bitcoin though. They are "coins". and i think that crypto can be dead too somewhere in future, so i dont think that crypto is the better choice for long time invest gold have something to sell whereas crypto only have prices that may be manipulated by the owner? so I prefer gold. because gold has proven that gold is required to have a high price |
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bryant.coleman
Legendary
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Activity: 3654
Merit: 1217
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April 18, 2016, 09:59:54 AM |
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day by day more people are getting to know about bitcoin and everyone loves it and big companies are starting to accept BTC too. So, I don't think bitcoin is going to die anytime soon or I guess never?
Care to post some proof to support your claims? From what I have seen during the last two years or so, the BTC adoption has been declining. Many of the online stores which used to accept BTC as a payment option earlier, have stopped accepting the currency. The number of users seems to be decreasing, and the daily transaction volumes are at all time lows. |
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haileysantos95
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April 18, 2016, 11:33:14 AM |
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Bitcoin would be a wise choice for traders who wants to trades and make profit daily because bitcoin is so volatile and traders like it.
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sidrab14
Newbie
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Activity: 42
Merit: 0
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April 18, 2016, 02:17:12 PM |
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Bitcoin would be a wise choice for traders who wants to trades and make profit daily because bitcoin is so volatile and traders like it.
Gold is supported by governments and rich individuals who like power and control. Bitcoin at the moment in the big scheme of things is a small market cap minor distraction to these people. |
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Oscoda
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April 18, 2016, 02:38:54 PM |
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I already invested in both and I also think that is the best thing you can do these days because the fact is that the price is good of both of them and they both have a good future in my eyes.
I think the gold is good for long terms and the bitcoin for short terms till the end of this year as a example.
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umaOuma
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April 18, 2016, 02:40:51 PM |
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I already invested in both and I also think that is the best thing you can do these days because the fact is that the price is good of both of them and they both have a good future in my eyes.
I think the gold is good for long terms and the bitcoin for short terms till the end of this year as a example.
Invest more now in bitcoin, earn profits by the end of the year, and then buy gold with the profits that you made from bitcoin, investing in gold is always profitable. |
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blackmachinegun
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April 18, 2016, 03:04:07 PM |
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Anyone tried to buy gold at spectrocoin.com? Just got an email they got the option but was just curious if anyone used the option yet.
people prefer to invest in bitcoin but this is a pretty good inovas to buy all goods with bitcoin course with the help of debit card. but I was a little bit unhappy with his fee :-/ Well, the majority of people prefer to invest in Gold when it comes down to gold vs Bitcoin, however a lot of the people on this forum will invest in Bitcoin because, chances are, they're already invested in it or they will invest in it in the future. actually already seen who is the most preferred when you ask in the forums bitocin. course, be many people who choose bitcoin with strong arguments. because the user already knows the ins and outs of bitcoin and advantages. and they did not choose gold for some strange reason. such as the gold price movement is slow. btw where can i buy gold with spectro? |
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Listent
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April 21, 2016, 11:25:47 AM |
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I already invested in both and I also think that is the best thing you can do these days because the fact is that the price is good of both of them and they both have a good future in my eyes.
I think the gold is good for long terms and the bitcoin for short terms till the end of this year as a example.
Invest more now in bitcoin, earn profits by the end of the year, and then buy gold with the profits that you made from bitcoin, investing in gold is always profitable. It depends on the timing. If you invested in gold in 2008, you are still making a loss. The loss is about 30%. |
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BitHodler
Legendary
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Activity: 1526
Merit: 1179
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April 21, 2016, 12:10:59 PM |
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I already invested in both and I also think that is the best thing you can do these days because the fact is that the price is good of both of them and they both have a good future in my eyes.
I think the gold is good for long terms and the bitcoin for short terms till the end of this year as a example.
Invest more now in bitcoin, earn profits by the end of the year, and then buy gold with the profits that you made from bitcoin, investing in gold is always profitable. It depends on the timing. If you invested in gold in 2008, you are still making a loss. The loss is about 30%. Beside that, buying physical gold here is also very expensive as you pay at least a 10% premium over the gold that you buy. So as you said gold is down around 30% since that time, it means that your investment in gold is now worth 40% less. |
BSV is not the real Bcash. Bcash is the real Bcash.
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markj113
Legendary
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Activity: 2254
Merit: 1043
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April 21, 2016, 03:29:38 PM |
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Beside that, buying physical gold here is also very expensive as you pay at least a 10% premium over the gold that you buy.
So as you said gold is down around 30% since that time, it means that your investment in gold is now worth 40% less.
1) You need to find a better dealer. I pay 3% over spot for all my gold purchases (unless I pick up semi numi stuff) http://www.hattongardenmetals.com/buy/cid0/all-stock2) Gold has lost a hell of a lot less off its all time high compared to bitcoin 3) Gold is up 17% Y2D 4) You still pay over "spot" for bitcoin, the spread on localbitcoins for example is about 6% 5) Trying posting actual facts not made up crap. |
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Boosterious
Sr. Member
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Activity: 308
Merit: 250
The mind is everything. What you think you become.
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April 21, 2016, 04:07:21 PM |
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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.
For 10 years i will pick bitcoin,because i'm pretty sure in 10 years bitcoin will more interesting than gold,bitcoin might will become global currency,and gold just like now,keep shine and precious. |
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expert4knowledge
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April 21, 2016, 08:54:02 PM |
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If I have to keep that asset as forgotten then I will choose for the gold as the fluctuation in the price of gold is much low and a big rise and fall occurs sometimes, while if I know about trade and I will keep check on my asste then I will choose for bitcoin, as with that way I can increase my wealth to multiple X.
I think I select to have both of them, I select gold for secure investment and bitcoin for venture investment. |
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CryptoBjorn
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April 21, 2016, 09:07:23 PM |
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You could better pick both because both of them are profitable and they also can both used for good things.
People already said it and I also think its good and true that you have to split them op to a long and short term investment.
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peta4e
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April 21, 2016, 09:10:59 PM |
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You could better pick both because both of them are profitable and they also can both used for good things.
People already said it and I also think its good and true that you have to split them op to a long and short term investment.
Diversification is always good in long term as you never know which product will perform will better in future so if you invest in both then you are also diversifying your risks. |
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expert4knowledge
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April 21, 2016, 10:06:54 PM |
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You could better pick both because both of them are profitable and they also can both used for good things.
People already said it and I also think its good and true that you have to split them op to a long and short term investment.
It is a general rule of investment or can be expanded in other categories that we should never put all eggs in one basket. |
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jamesl22
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April 21, 2016, 10:12:10 PM |
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You could better pick both because both of them are profitable and they also can both used for good things.
People already said it and I also think its good and true that you have to split them op to a long and short term investment.
It is a general rule of investment or can be expanded in other categories that we should never put all eggs in one basket. Exactly and if you do so you are playing with your investments and with your profits, and if you have good money to invest, then go for real estate, its best of all. |
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BombayChicken
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April 21, 2016, 10:54:13 PM |
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You could better pick both because both of them are profitable and they also can both used for good things.
People already said it and I also think its good and true that you have to split them op to a long and short term investment.
It is a general rule of investment or can be expanded in other categories that we should never put all eggs in one basket. Exactly and if you do so you are playing with your investments and with your profits, and if you have good money to invest, then go for real estate, its best of all. Gold and real estate are the most solid and safe investment. They will not give you as much profit as bitcoin but the come with a lot of less risk too |
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