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Author Topic: Bitcoin or gold?  (Read 984412 times)
groll
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June 14, 2016, 12:30:39 AM
 #3701

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 prefer to keep both. Bitcoin price increases the longer the years it is good in long term hoarding. But Gold fluctutates almost every minute and a big up and down fluctuations lasts only in months (we are mining gold ores so I know how gold works) it is best to hoard gold and sell automatically when it goes up.
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June 14, 2016, 01:26:24 AM
 #3702

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 prefer to keep both. Bitcoin price increases the longer the years it is good in long term hoarding. But Gold fluctutates almost every minute and a big up and down fluctuations lasts only in months (we are mining gold ores so I know how gold works) it is best to hoard gold and sell automatically when it goes up.

Well it is better if you are going to keep both and you are going to use their advantages like now, the bitcoin now is getting it's price increasing.
So, it is better to use bitcoin and just like gold, gold is always been a precious stone and everybody wants it, and it's gold industry will not die.



 

 

 

 

 

 


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June 14, 2016, 01:29:23 AM
 #3703

I'd choose Gold. Infinite guaruanteed increased value.

BTC, will not go downhill.. I choose my words wisely.
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June 14, 2016, 01:58:28 AM
 #3704

I'm going for the bitcoin to be honest because I think there can be made more profit on a relative short time period with the bitcoin compared with the gold that is very good on a long term.
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June 14, 2016, 02:00:38 AM
 #3705

If i need to keep it at least 10 years i will go for gold
we dont know what will happen to bitcoin in 10 years, but gold will not got dump by peoples lol
FabioDelcatto
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June 14, 2016, 02:38:58 AM
 #3706

The bitcoin has a good future a head and I love it more than gold, gold is also more difficult for me to buy and with the bitcoin you can simply buy it..
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June 14, 2016, 03:17:11 AM
 #3707

i will choose gold,because it already known as the one of the best invest alongside land/house ,gold more stabile than bitcoin,maybe bitcoin price is jump

 so high this time but bitcoin is to risky for keeping.
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June 14, 2016, 03:23:20 AM
 #3708

bitcoin ofcourse

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June 14, 2016, 03:40:06 AM
 #3709

For my self investigation Gold is slow moving and quite stable product so it is only suitable for less risk takers.
Bitcoin moves either way quite fast so it is good for risk takers.
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June 14, 2016, 03:55:12 AM
 #3710

For my self investigation Gold is slow moving and quite stable product so it is only suitable for less risk takers.
Bitcoin moves either way quite fast so it is good for risk takers.


That's true because in gold industry there are only certain people who are really gold collectors, unless you know a gold manufacturer for a jewelry accessories. But in the reality, gold is really now slow in progress even though we all know it's value is going to increase and no decrease at all.

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June 14, 2016, 06:36:05 AM
 #3711

For my self investigation Gold is slow moving and quite stable product so it is only suitable for less risk takers.
Bitcoin moves either way quite fast so it is good for risk takers.


That's true because in gold industry there are only certain people who are really gold collectors, unless you know a gold manufacturer for a jewelry accessories. But in the reality, gold is really now slow in progress even though we all know it's value is going to increase and no decrease at all.
To gauge the two of them we should think of what is more important to the people, gold is good because the value will always increase but with bitcoins in terms of investment is a more riskier but with a high reward, look at the price of bitcoins now maybe we can realize how valuable it is for the people.
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June 14, 2016, 06:47:01 AM
 #3712

For my self investigation Gold is slow moving and quite stable product so it is only suitable for less risk takers.
Bitcoin moves either way quite fast so it is good for risk takers.


For those who have gold for a long time it is profit already for them. There is no fast trading in gold. And that is where bitcoin come in. It can give us fast trading for its fluctuation are really enormous.
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June 14, 2016, 07:08:12 AM
 #3713

For my self investigation Gold is slow moving and quite stable product so it is only suitable for less risk takers.
Bitcoin moves either way quite fast so it is good for risk takers.

Yeah im agree with you man. Gold was slow moving but sure you will gain profit but in bitcoin very fast moving on its price rising the earnings on your investment was too fast but it is very risky.
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June 14, 2016, 07:12:10 AM
 #3714

For my self investigation Gold is slow moving and quite stable product so it is only suitable for less risk takers.
Bitcoin moves either way quite fast so it is good for risk takers.

Yeah im agree with you man. Gold was slow moving but sure you will gain profit but in bitcoin very fast moving on its price rising the earnings on your investment was too fast but it is very risky.

Yep, gold now is very slow moving, but if you are a wise person, you are going not too choose only one. But you are going to use them both.
When you their advantage of investing in bitcoin and gold you are just going to wait for sometime.
And after your wait you can get profit from it.

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June 14, 2016, 07:15:21 AM
 #3715

of course bitcoin is my choice, new technology, No tax at saving bitcoin and no people know if i have 100bitcoin , because my bitcoin at paperwallet  Cool
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June 14, 2016, 07:32:39 AM
 #3716

of course bitcoin is my choice, new technology, No tax at saving bitcoin and no people know if i have 100bitcoin , because my bitcoin at paperwallet  Cool

Yeah me too, that's what I'm choosing bitcoin, because it is very convenient, no tax can be collected by the government.
And it is very easy to use. I can just send any time to my friends the bitcoin amount they need.
And they can receive it fast.
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June 14, 2016, 07:40:43 AM
 #3717

Gold isn't easy to use in commerce since it's hard to pay the correct amount with gold. A solution could be to store the gold in a vault and transfer the ownership of gold pieces from the payer to the payee, but then you have to trust a third party holding the gold. An other problem with gold is counterfeits with tungsten. A bitcoin is divisible up to 8 decimal places so it's never a problem paying the correct amount. You don't have to trust a third party when using bitcoins and bitcoins can't be counterfeited.
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June 14, 2016, 07:42:50 AM
 #3718

If i need to keep it at least 10 years i will go for gold
we dont know what will happen to bitcoin in 10 years, but gold will not got dump by peoples lol
who says people will not dump the gold price it's can possible you see because the rumours said current gold price is manipulated by certain elements who will take advantage of the price fall and it's all is the cycle of the investment game.

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June 14, 2016, 07:44:32 AM
 #3719

of course bitcoin is my choice, new technology, No tax at saving bitcoin and no people know if i have 100bitcoin , because my bitcoin at paperwallet  Cool

Yeah me too, that's what I'm choosing bitcoin, because it is very convenient, no tax can be collected by the government.
And it is very easy to use. I can just send any time to my friends the bitcoin amount they need.
And they can receive it fast.
If I had to spread my wealth and bitcoin and gold are my only two options, I would put 70% in gold and 30% in bitcoin. Gold for security and bitcoin for investment. Never mind about the taxes because sooner or later the moment you spend you bitcoin, some tax is going to on top of that. Taxes are as inevitable as death.
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June 14, 2016, 08:04:39 AM
 #3720

For now i prefer pick bitcoin than gold, because the price of bitcoin is increase again on this week and it's really good for investment because so i pick bitcoin.
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