Bitcoin or gold?

[Karartma1]

Gold reached a very high value lately and it always proves itself right as a very good investment. It is now near the 1300$ mark a price which was unseens in years. We're lucky here to have the opportunity to invest both in gold and btc I think.

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[goldcoinminer]

I choose bitcoin today because I don't have gold, I earn a decent amount of coins through trading that is why I will never leave bitcoin. I patronize it also because I am using it in my gambling.

[KingdomHearts]

If I have to keep them for about more than10 years and have to leave them untouched then I will choose for gold as the price of gold is stable to a much extent while if I have to keep a check on the price of the asset I bought with my wealth and i would be able to convert them back then I will choose for bitcoin as the bitcoin price is fluctuating and whenever I find that the price is going to drop don , I will recover my wealth.

[deisik]

It depends on the QE. If that QE will continue, the gold bull market will start early and go much longer.

Why would QE stop?

Has the world economy been saved and all the financial problems and debt been sorted?

The economy hasn't been saved, but this doesn't mean that QEs (as we know them) will continue. They served a purpose, actually, to allow more time (to agonize, if you want it this way), but if the damage they wreak will overwhelm the benefits they provide (whatever they might be), no one will be QE-ing any longer...

TPTB are anything but suicides

[arwin100]

And gold and Bitcoin! Diversification!
Just in case you need to have this and that. With gold all know, everyone knows what it is, these are the majority. Bitcoin is still evolving, until it came to all, and nobody knows what will happen to him, the sooner Halving.

Yeah everyone around the globe know gold thats why if they choose between bitcoin or gold i think people may choice gold its because the price of it keeps rising yearly and it is more stable than any other and golds increase price for its preciousness while in bitcoin theres people dont know about it and the price is unstable although halving is coming and price increase might happen also i think a big crash is comiNg because many people well do massive selling because they already earn a lot with it.

[deisik]

The purchasing power of USD has declined by 97% since 1900 (almost 33 times). On the other hand, the purchasing power of gold has increased by 105% (more than two times)

That means that gold has actually significantly depreciated. Such talks about dollar purchasing power collapse are obviously lopsided (if not to say one-sided) since they omit a few other important factors. Such as the level of wages and the growth in wealth (per capita and en masse), for example...

How many people could allow to buy a decent car in 1920s, or a PC in early 1980s?

[markj113]

It depends on the QE. If that QE will continue, the gold bull market will start early and go much longer.

Why would QE stop?

Has the world economy been saved and all the financial problems and debt been sorted?

The economy hasn't been saved, but this doesn't mean that QEs (as we know them) will continue. They served a purpose, actually, to allow more time (to agonize, if you want it this way), but if the damage they wreak will overwhelm the benefits they provide (whatever they might be), no one will be QE-ing any longer...

TPTB are anything but suicides

Negative interest rates will be next, either way all good news for gold prices.

[deisik]

It depends on the QE. If that QE will continue, the gold bull market will start early and go much longer.

Why would QE stop?

Has the world economy been saved and all the financial problems and debt been sorted?

The economy hasn't been saved, but this doesn't mean that QEs (as we know them) will continue. They served a purpose, actually, to allow more time (to agonize, if you want it this way), but if the damage they wreak will overwhelm the benefits they provide (whatever they might be), no one will be QE-ing any longer...

TPTB are anything but suicides

Negative interest rates will be next, either way all good news for gold prices.

I think the effect of NIRP will be rather constrained though. That is, you can easily print 10% (or even 100%, wtf) more money overnight, but you can't possibly make a negative interest rate, say, -10%

[Supercrypt]

Gold can be good but I think the bitcoin is better because the fact is that with the bitcoin you can make money(profit) and you can spend it, you cannot just spend gold in a store so that is why I think the bitcoin has a advantage.

I do not doubt the prospects for bitcoin but for gold there are millennia of human history so I still prefer gold.

so what if gold has a long life? whether it can give you a guarantee for a big profit? I know bitcoin is still too young . but the potential of bitcoin can not be doubted dude ? and you know it.
why not choose bitcoin which gives you many advantages? what you're going to choose in the safe zone?

The gold will never give any guarantee that it will give us any profit in the future but it will only save our money , if someone want to be profited with his/her money then they should have to invest in bitcoin so that in the future you get a double amount of your money.

[bryant.coleman]

The gold will never give any guarantee that it will give us any profit in the future but it will only save our money

Who told you that investment in gold fails to be profitable? As I have explained in my previous post, the net purchasing power of gold has risen by more than two times during the last 100 years. On the other hand, the same for fiat cash has gone down by 33 times. And considering that the gold deposits are about to be exhausted, I can foresee a further increase in the purchasing power of gold.

[HarryKPeters]

The gold will never give any guarantee that it will give us any profit in the future but it will only save our money

Who told you that investment in gold fails to be profitable? As I have explained in my previous post, the net purchasing power of gold has risen by more than two times during the last 100 years. On the other hand, the same for fiat cash has gone down by 33 times. And considering that the gold deposits are about to be exhausted, I can foresee a further increase in the purchasing power of gold.

Don't forget that gold is the favourite alternative investment when fiat and stock markets are going downhilll. So much even that average people depend on gold for their investment.

[STT]

That means that gold has actually significantly depreciated.

Gold has not changed, it is literally inert and is held for that attribute.   It may be undervalued, I believe so relative to dollars at least.  Im not sure elsewhere but since the whole world revolves around USA currency and politics its quite likely true in every other countries currency and trade that gold is less valued today then one hundred years ago.

Despite all the technology we have including QE and the ability to debase an entire economic system overnight we still should probably value gold same as hundred years ago at least.  Lots of gold found but even more so there is way more people alive today also, everyone needs to store their works value or trading purchasing power overnight while they sleep.  Its just a thing that we need to work and dollars are flawed imo and gold undervalued

[avw1982]

I choose bitcoin today because I don't have gold, I earn a decent amount of coins through trading that is why I will never leave bitcoin. I patronize it also because I am using it in my gambling.

Gold will be always a best investment option for the long term point of view. Short term prices may be volatile and it is same for any kind of investments but over the time gold will surely give you best returns even compared with stock markets so I always choose gold as one of the long term investments...

[STT]

No I have to disagree with that.  Gold is not an investment at all, this is why these modern economists really dislike it.   They see it as a withdrawal of capital from the economy and of no use or utility to society.   Thats not really true either but gold does not grow as such and it will never outperform a working company only one in a decline perhaps

Stocks should vastly outperform gold, possibly also every other option. Stocks should beat bonds in a growing economy, this is on average of course as shares are uncapped in their equity gains and ownership of the brand where bonds are very fixed in return though profitable deals can be done.   Money in bank should resemble a lesser bond, more fixed returns.  

 Gold is not a share in any part ownership of anything, its just a simple store no more no less and secure and reliant on no one or any relationship for that value.   Its growth potential should be near zero, in speculation its price may rise but this is because Dollars are overvalued.
They printed trillions more in dollars which does not equate or justify to the GDP of the nation, we all know that USA growth has not been great.  Ok at best but where one side of a equation is unbalanced you can expect adjustment sooner or later.  This means gold undervalued may rise greatly or more correctly that selling dollars to own gold should prove more 'profitable'.  Owning the right share/company that surmounts any waves in the economy would be more profitable still as its not a dollar holding strictly, especially many companies borrow dollars so may be helped by a fall there

[MingLee]

Obviously gold takes money out of the market because it gets moved to something that isn't moved constantly.

Bitcoin is marginally better, but it still follows the same sort of pattern.

The value of stocks also depends on how many other companies are in an industry, and will not always outperform bonds or gold if there are enough companies taking their own share of the pie and mitigating any majority share. If there were only a few companies in a growing economy, they would vastly outperform everything else, like you said.

[STT]

Bonds might do better then stocks sometimes because its a regular return and legally irrefutable.   Depends on growth rate but gold much as I appreciate its use will always rank below a performing company.    If a company cant better gold it should or will soon be shut down just by the weight of the financing (money isnt free, profit is a requirement eventually or others will own/takeover assets)  Either the company makes a profit over decades or it'll be amalgamated into an industry which can profit from its assets or customer base.  

Our view of gold is short term but that graph above with dollars losing 97% shows why you hold gold not the dollars, but even a company making 1% profit margin or something slim it will do better then gold and Im very positive on hard asset like gold compared to most.   Its just many companies start up and do not profit, just work off cheap dollars then get sold into something larger, gold isnt outperforming them exactly its just not losing money and they are.  Im really referring to a normal business with normal profits, not using up cheap dollars and losing them then get taken over

[bittrojan]

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.

convert all my wealth,keep it on 10 years,is hard to choose. but i will choose bitcoin,i have reason for that,just because if i have bitcoin,i dont need to bring weight thing like gold.

[dragonusa9]

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.

convert all my wealth,keep it on 10 years,is hard to choose. but i will choose bitcoin,i have reason for that,just because if i have bitcoin,i dont need to bring weight thing like gold.

gold is very good for the long term invest, the prices will be more than today in future. BTC is more for the feature than gold, but remember the bitcoin prices can be down too regardless of time. so don't forget to keep some gold for long term invest

[markj113]

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.

convert all my wealth,keep it on 10 years,is hard to choose. but i will choose bitcoin,i have reason for that,just because if i have bitcoin,i dont need to bring weight thing like gold.

I love the way everyone keeps going on about the weight of gold.  You would have to be a very wealthy man for it to be a problem.

A 1kg bar is the size of a smartphone and is worth nearly $42,000

[Bitcoinbro]

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.

convert all my wealth,keep it on 10 years,is hard to choose. but i will choose bitcoin,i have reason for that,just because if i have bitcoin,i dont need to bring weight thing like gold.

gold is very good for the long term invest, the prices will be more than today in future. BTC is more for the feature than gold, but remember the bitcoin prices can be down too regardless of time. so don't forget to keep some gold for long term invest

Yes you are right about the fact that gold is very profitable but the fact it takes so long to make good profits in my eyes.
I really hate it that I have to wait so long so that is why I consider you to take the bitcoin.