raitpngman
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May 10, 2016, 02:32:21 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.
Neither is a safe bet for 10 years in my opinion. Gold has been banned by governments in the past. BTC poses problems for governments going cashless with negative interest rates. Both could hide and be used on the black market. BTC is easier to keep safe and transport than physical gold. If both were banned I think BTC would be more common than gold. I think both would do well in a "race to the bottom" currency war. If nothing fundamentally changes I don't think it matters. If it all goes south it probably doesn't matter either. I think I would go 50/50 due to possible usability issues related to government intervention, but I don't have any wealth and to lose it all or 50% wouldn't hurt. If push came to shove I think I'd take gold, but the two issues of physical storage and crossing country borders dilemma is killing me. |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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Digital_Lord
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May 10, 2016, 02:51:13 AM |
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I have more faith in gold, but at a moment I will prefer to invest in bitcoin only because of the halving factor which will allow me to make quick profits.
bitcoin can always give profit. not only at the time of halving. we can generate profit every time with bitcoin. because bitcoin have lots of advantages and earning opportunities. we can easily trade it. easily invest it. and we can use it in gambling and betting to earn lots of money. my choice is bitcoin. |
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RhodaGila
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May 10, 2016, 04:24:15 AM |
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In my opinion, between bitcoin and gold can join, as early bitcoin nice to achieve the highest level of trade value than gold, and perhaps up to five years. While gold can be used as a backup that will not be eroded by market price fluctuations like bitcoin and it can be used as second after bitcoin.
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AsaroUk
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May 10, 2016, 08:09:12 AM |
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I have more faith in gold, but at a moment I will prefer to invest in bitcoin only because of the halving factor which will allow me to make quick profits.
Well i believe the most of bitcoin members are more interested into get bitcoins right now because the halving,but well both are good investment options but the biggest potencial is around bitcoin gold has had already its potencial limited or atleast looks like . Bitcoin and gold are both a strong currency but I am for sure that Bitcoin will have a better future and that is because you also can see that it will be more used and that is nice. But gold keeps strong but after some 20 years it will disappear I think. |
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peta4e
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May 10, 2016, 08:12:21 AM |
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I have more faith in gold, but at a moment I will prefer to invest in bitcoin only because of the halving factor which will allow me to make quick profits.
Well i believe the most of bitcoin members are more interested into get bitcoins right now because the halving,but well both are good investment options but the biggest potencial is around bitcoin gold has had already its potencial limited or atleast looks like . Bitcoin and gold are both a strong currency but I am for sure that Bitcoin will have a better future and that is because you also can see that it will be more used and that is nice. But gold keeps strong but after some 20 years it will disappear I think. Gold will never disappear as its an historical product and exist since centuries, so it will always survive, but we cannot be sure about bitcoin that how long it will survive. |
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dreamthim
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May 10, 2016, 08:15:26 AM |
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Gold because it has an easier transaction. Btc because of its security
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bryant.coleman
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May 10, 2016, 09:44:15 AM |
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But gold keeps strong but after some 20 years it will disappear I think.
Do you post BS like this frequently, or do you indulge in it only once in a while? If gold is going strong, then what makes you think that it will disappear after "some 20 years"? Do you have any concrete reason to support your statement, or your sole objective was to increase your post-count? we cannot be sure about bitcoin that how long it will survive.
Yes. That is the risk that we are taking, while investing in Bitcoin. |
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stromma44
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May 10, 2016, 10:11:55 AM |
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Both are good as an investment, depends on an individual how fast he is looking for returns on his investments, traditional people will always choose gold as they have total faith in it.
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deisik
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English ⬄ Russian Translation Services
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May 10, 2016, 10:17:28 AM |
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But gold keeps strong but after some 20 years it will disappear I think.
Do you post BS like this frequently, or do you indulge in it only once in a while? If gold is going strong, then what makes you think that it will disappear after "some 20 years"? Do you have any concrete reason to support your statement, or your sole objective was to increase your post-count? Congrats, you started talking with spam-bots |
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Doms
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May 10, 2016, 10:42:34 AM |
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BTC has a lot more upside than down, what with its volatility and its being a "new" kind of currency. That goes for and against BTC, depending on who views it. By the time BTC becomes stable and there are no more volatility in price action, more people would be using it and acceptance would reach record highs.
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Note_spark
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May 10, 2016, 10:44:18 AM |
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Both are good as an investment, depends on an individual how fast he is looking for returns on his investments, traditional people will always choose gold as they have total faith in it.
They have faith in gold because it already exist for a long time with a stable price that keep rising slowly every year. It's only good to invest if you wan't to hold long and a sureness profit. Bitcoin is for investors who want to hold for not so long with a big profit. |
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boyptc
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May 10, 2016, 11:12:16 AM |
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BTC has a lot more upside than down, what with its volatility and its being a "new" kind of currency. That goes for and against BTC, depending on who views it. By the time BTC becomes stable and there are no more volatility in price action, more people would be using it and acceptance would reach record highs.
But for me, that is the disadvantage of btc against gold. By I think that would be a long time before the btc will becomes stable and no more volatility. Unlike gold, it is stable and always increasing its price. |
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xIIImaL
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May 10, 2016, 11:27:54 AM |
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BTC has a lot more upside than down, what with its volatility and its being a "new" kind of currency. That goes for and against BTC, depending on who views it. By the time BTC becomes stable and there are no more volatility in price action, more people would be using it and acceptance would reach record highs.
Bitcoin will win against gold but for later on who will know? And bitcoin need a mass adoption to make bitcoin price stable besides gold is already in mass adoption so gold price is more stable that will make gold is good on long term investment |
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boyptc
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May 10, 2016, 11:55:51 AM |
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BTC has a lot more upside than down, what with its volatility and its being a "new" kind of currency. That goes for and against BTC, depending on who views it. By the time BTC becomes stable and there are no more volatility in price action, more people would be using it and acceptance would reach record highs.
Bitcoin will win against gold but for later on who will know? And bitcoin need a mass adoption to make bitcoin price stable besides gold is already in mass adoption so gold price is more stable that will make gold is good on long term investment Gold is already in its position to be better than bitcoin because most people in the world believes that if you have gold, then you can sell it for a good price depending on its weight and carat. Unlike bitcoin, it is still not that popular in the world. |
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BossMacko
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May 10, 2016, 12:49:41 PM |
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invest in gold, you can do lots of things with gold, jewelry ,arts and lot more. in the other hand atm bitcoin is rising, who knows what will happen to bitcoin after 10yrs.
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richardsNY
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May 10, 2016, 01:07:02 PM |
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invest in gold, you can do lots of things with gold, jewelry ,arts and lot more. in the other hand atm bitcoin is rising, who knows what will happen to bitcoin after 10yrs.
Good thing about Gold is that it's always available. Bitcoin on the other hand is great to invest in for long term holders as there is so much potential. If you see the potential of Bitcoin then you will make sure you secure yourself some coins in cold storage for many years. Those who keep waiting will just burn from inside that they haven't bought any coins years ago. |
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goinmerry
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May 10, 2016, 01:37:10 PM |
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I have more faith in gold, but at a moment I will prefer to invest in bitcoin only because of the halving factor which will allow me to make quick profits.
OOOohh someone is here for the halving thing. Me too, gold is so old that you wont think it is a risk. It will be a really long time investment. For now let us make profit of this blooming currency and make use of what will be it in the future. |
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markj113
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May 10, 2016, 01:39:49 PM |
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24 pages discussing if its a scam - https://bitcointalk.org/index.php?topic=1133534.0I would rather stick to bullionvault if you want "digital gold" for trading its fully allocated and has daily independent audits. You can also take physical delivery if you wish. |
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tampazeus
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May 10, 2016, 01:43:03 PM |
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I have more faith in gold, but at a moment I will prefer to invest in bitcoin only because of the halving factor which will allow me to make quick profits.
OOOohh someone is here for the halving thing. Me too, gold is so old that you wont think it is a risk. It will be a really long time investment. For now let us make profit of this blooming currency and make use of what will be it in the future. Yes this is the time to grab an opportunity of making quick money by investing in bitcoin, gold can always take care of us in future, play with bitcoins till it is alive. |
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