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Author Topic: Bitcoin or gold?  (Read 984412 times)
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June 02, 2016, 04:07:13 AM
 #3561

Well if you'll ask me ill answer both. Gold has been there a long time and it still has a large value when turned into fiat and it will be good to keep for 10years or so. Bitcoin has only been there for 5 years but I think it has potential. Maybe 10years after this year bitcoins value is more than 3000$ or maybe it has no value. Despite that bitcoin is still worth keeping for a long time.  Grin

Me too, I'm now thinking of choosing them both, but of course I'm not able to buy gold so I'm preferring to use bitcoins. But I'm also dreaming to have
some gold especially gold bars  Cool for sure it will also increase its price in the future, just like bitcoin they will both increase in the future.
That's for sure.



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June 02, 2016, 05:34:22 AM
 #3562

I go fo GOLD,
Gold is jewelry and jewelry is always appreciating unlike bitcoin is not that stable and there is always a fluctuation on its price.
But you also have a profit in bitcoin specially in trading.


well for me i appreciate bitcoin more than gold.  the good thing about gold is they last forever unlike bitcoin when you lost your wallet they are lost forever.

You got that right. Grin For a bitcoin starter and never got in to gold then it is really bitcoin which they will pick. But if you invested in gold from the start you would really pick that one. Gold jewelries can help in just manner of time. In emergency you could pawn it or even sell it to a human to human trade which is really the faster way. For they know that gold is valuable. Try doing that using bitcoin you will be denied.
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June 02, 2016, 05:42:37 AM
 #3563

I go fo GOLD,
Gold is jewelry and jewelry is always appreciating unlike bitcoin is not that stable and there is always a fluctuation on its price.
But you also have a profit in bitcoin specially in trading.


well for me i appreciate bitcoin more than gold.  the good thing about gold is they last forever unlike bitcoin when you lost your wallet they are lost forever.

You got that right. Grin For a bitcoin starter and never got in to gold then it is really bitcoin which they will pick. But if you invested in gold from the start you would really pick that one. Gold jewelries can help in just manner of time. In emergency you could pawn it or even sell it to a human to human trade which is really the faster way. For they know that gold is valuable. Try doing that using bitcoin you will be denied.

well, i think having gold as jewelries is a different story. that is just two birds with one stone you both invest in gold while using it too.
that is why gold is such a popular investment among everybody even those who are not so much into investments.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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June 02, 2016, 07:22:44 AM
Last edit: June 02, 2016, 07:34:30 AM by deisik
 #3564

that is why gold is such a popular investment among everybody even those who are not so much into investments.

Women love to wear so much gold because in a lot of, well, in a few cultures it will be legally their only wealth (in addition to their monkey-traps, though there is a negative correlation) if their men all of a sudden decide to kick them out, lol

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June 02, 2016, 07:58:07 AM
 #3565

that is why gold is such a popular investment among everybody even those who are not so much into investments.

Women love to wear so much gold because in a lot of, well, in a few cultures it will be legally their only wealth (in addition to their monkey-traps, though there is a negative correlation) if their men all of a sudden decide to kick them out, lol

Well that's what you call material-girl but that's for sure gold is used also to determine the wealth condition of an individual. But still gold is use
til' this day for riches, jewelry and still in use to determine the wealth condition of the people.

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June 02, 2016, 10:47:54 AM
 #3566

I go fo GOLD,
Gold is jewelry and jewelry is always appreciating unlike bitcoin is not that stable and there is always a fluctuation on its price.
But you also have a profit in bitcoin specially in trading.


well for me i appreciate bitcoin more than gold.  the good thing about gold is they last forever unlike bitcoin when you lost your wallet they are lost forever.

You got that right. Grin For a bitcoin starter and never got in to gold then it is really bitcoin which they will pick. But if you invested in gold from the start you would really pick that one. Gold jewelries can help in just manner of time. In emergency you could pawn it or even sell it to a human to human trade which is really the faster way. For they know that gold is valuable. Try doing that using bitcoin you will be denied.

well, i think having gold as jewelries is a different story. that is just two birds with one stone you both invest in gold while using it too.
that is why gold is such a popular investment among everybody even those who are not so much into investments.

Well of course gold is the most precious metal used for jewelries so no doubt it is the most reliable thing to use for jewelries and other things created with gold. But the thing here is gold is physical and bitcoin is digital so that's why its a different thing.
But for me, I will rely with bitcoin.
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June 02, 2016, 02:12:06 PM
 #3567

I go fo GOLD,
Gold is jewelry and jewelry is always appreciating unlike bitcoin is not that stable and there is always a fluctuation on its price.
But you also have a profit in bitcoin specially in trading.


well for me i appreciate bitcoin more than gold.  the good thing about gold is they last forever unlike bitcoin when you lost your wallet they are lost forever.

You got that right. Grin For a bitcoin starter and never got in to gold then it is really bitcoin which they will pick. But if you invested in gold from the start you would really pick that one. Gold jewelries can help in just manner of time. In emergency you could pawn it or even sell it to a human to human trade which is really the faster way. For they know that gold is valuable. Try doing that using bitcoin you will be denied.

well, i think having gold as jewelries is a different story. that is just two birds with one stone you both invest in gold while using it too.
that is why gold is such a popular investment among everybody even those who are not so much into investments.

Well of course gold is the most precious metal used for jewelries so no doubt it is the most reliable thing to use for jewelries and other things created with gold. But the thing here is gold is physical and bitcoin is digital so that's why its a different thing.
But for me, I will rely with bitcoin.

why not use both and enjoy the best of both worlds. I've seen quite some good rates in the past  for gold and some new future horizons in Bitcoins .
I wonder if someone think in this way and Quit neither of them
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June 02, 2016, 02:40:18 PM
Last edit: August 23, 2016, 01:55:08 PM by bladeandsoulguide
 #3568

i will choose bitcoin

because gold price will drop a lot soon






buy and sell blade and soul gold  we accept bitcoins
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June 02, 2016, 06:06:40 PM
 #3569

i will choose bitcoin

because gold price will drop a lot soon

Here comes another spammer. If you are so sure about the upcoming decline in gold bullion prices, then why don't post some arguments or proof to support you claim?

I have done enough research on gold prices. And indications are that a big spike can start in the near-future. The cost of gold production is rising, as the recoverable deposits are fast running out. And the demand is increasing as a result of central banks buying bullion to stabilize their forex reserves.
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June 02, 2016, 06:11:24 PM
 #3570


why not use both and enjoy the best of both worlds. I've seen quite some good rates in the past  for gold and some new future horizons in Bitcoins .
I wonder if someone think in this way and Quit neither of them

If only it's possible for me to acquire gold, I will start to make some investments too little by little as a start while at the same time having also an active investment in bitcoin exchange.

I just wondered how gold transaction are being dealt. I think I can afford to purchase even at average oz.
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June 02, 2016, 06:14:37 PM
 #3571

Gold for long term investment and bitcoin is for short term investment.. but i will stay in bitcoin because block halving is nearly to be done soon.. so the price will increase fast.. unlike gold it takes year before you can see increases in gold..

Solving blocks can't be solved without my rigs.
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June 03, 2016, 04:50:46 AM
 #3572

Gold for long term investment and bitcoin is for short term investment.. but i will stay in bitcoin because block halving is nearly to be done soon.. so the price will increase fast.. unlike gold it takes year before you can see increases in gold..
Definitely, gold is a sure thing and bitcoins is more risky than gold, but the difference is big because in gold you need to have a good capital to keep it for the long term and earn a decent amount while bitcoins you have a chance to win it even daily if you are good in trading.
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June 03, 2016, 05:08:23 AM
 #3573

If only it's possible for me to acquire gold, I will start to make some investments too little by little as a start while at the same time having also an active investment in bitcoin exchange.

Actually, this can be claimed as one of the advantages of BTC over gold. It is not possible to purchase gold in minute quantities (such as the equivalent of $10 or $25, which will be 0.25g and 0.65 grams respectively). On the other hand, it is even possible to purchase BTC in very small quantities, such as $0.1 or even $0.05 (i.e. BTC0.0001 or 0.1mBTC).
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June 03, 2016, 05:16:12 AM
 #3574

I like them both but I prefer the bitcoin because I hate waiting on profit and with the bitcoin its mostly going pretty fast compared with the gold.

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June 03, 2016, 05:41:30 AM
 #3575

I love them both and I also have  them both, if I really have to choose I will go for the bitcoin because I simply love it it does not have a reason at the moment, its just that its very profitable on a short term.
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June 03, 2016, 05:51:36 AM
 #3576

If only it's possible for me to acquire gold, I will start to make some investments too little by little as a start while at the same time having also an active investment in bitcoin exchange.

Actually, this can be claimed as one of the advantages of BTC over gold. It is not possible to purchase gold in minute quantities (such as the equivalent of $10 or $25, which will be 0.25g and 0.65 grams respectively). On the other hand, it is even possible to purchase BTC in very small quantities, such as $0.1 or even $0.05 (i.e. BTC0.0001 or 0.1mBTC).

I see so when accumulating gold it must be on a large or whole quantity unlike in bitcoin where you can buy even at small denomination.

But how gold transaction are dealt? Where do people who like to accumulate one will start?
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June 03, 2016, 06:33:11 AM
Last edit: June 03, 2016, 08:22:23 AM by deisik
 #3577

If only it's possible for me to acquire gold, I will start to make some investments too little by little as a start while at the same time having also an active investment in bitcoin exchange.

Actually, this can be claimed as one of the advantages of BTC over gold. It is not possible to purchase gold in minute quantities (such as the equivalent of $10 or $25, which will be 0.25g and 0.65 grams respectively). On the other hand, it is even possible to purchase BTC in very small quantities, such as $0.1 or even $0.05 (i.e. BTC0.0001 or 0.1mBTC).

I see so when accumulating gold it must be on a large or whole quantity unlike in bitcoin where you can buy even at small denomination.

But how gold transaction are dealt? Where do people who like to accumulate one will start?

Where I live small fish usually buy gold coins which are sold in banks. Bigger fish may buy small gold bars (banks also sell them). Whales buy gold at commodity exchanges by buying gold futures which are settled at a certain date with physical delivery of purchased gold...

So, as I assume, you should look into gold coins and mini-bars


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June 03, 2016, 08:18:37 AM
 #3578

If only it's possible for me to acquire gold, I will start to make some investments too little by little as a start while at the same time having also an active investment in bitcoin exchange.

Actually, this can be claimed as one of the advantages of BTC over gold. It is not possible to purchase gold in minute quantities (such as the equivalent of $10 or $25, which will be 0.25g and 0.65 grams respectively). On the other hand, it is even possible to purchase BTC in very small quantities, such as $0.1 or even $0.05 (i.e. BTC0.0001 or 0.1mBTC).

I see so when accumulating gold it must be on a large or whole quantity unlike in bitcoin where you can buy even at small denomination.

But how gold transaction are dealt? Where do people who like to accumulate one will start?

Where I live small fish usually buy gold coins which are sold in banks. Bigger fish may buy small gold bars (banks also sell them). Whales buy gold at commodity exchanges by buying gold futures which are settled at a certain day with physical delivery of purchased gold...

So, as I assume, you should look into gold coins and mini-bars


I think I cannot afford it, because if we are talking about gold we need a lot of money to invest before we can profit in gold. I am still with bitcoins as I can easily earn it on a regular basis by doing trading, even the altcoins nowadays has a good potential in the future, so it can still be considered as gold.

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trinaldao
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June 03, 2016, 08:35:36 AM
 #3579

i will choose bitcoin

because gold price will drop a lot soon

bitcoin price can drop too, don't forget it.
bitcoin have more chance to pump and dump like the price now , look at huobi the price rising from 3590CNY to 3718CNY just in 30minute

for me bitcoin is the highest technology, that's why im interesting to choose it, not always "price"

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June 03, 2016, 08:50:35 AM
 #3580

I think I cannot afford it, because if we are talking about gold we need a lot of money to invest before we can profit in gold. I am still with bitcoins as I can easily earn it on a regular basis by doing trading, even the altcoins nowadays has a good potential in the future, so it can still be considered as gold.

It is not that much unaffordable. Check Kitco or any other online bullion retailer for 1g gold coins.

https://online.kitco.com/buy/31107/1g-Gold-MapleGram25-Coin-9999-31107

As I had hinted earlier, it will be much better if you purchase 1/2 Oz or 1 Oz coins, but if you don't have that much capital with you right now, then you can go for smaller amounts.

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