deisik
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June 16, 2016, 08:13:08 AM
Last edit: June 16, 2016, 10:29:12 AM by deisik |
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Bitcoin almost always has outpaced gold in terms of profit. It is like the gold of the internet and you can even use them if you want. Good luck trying to buy a giftcard at walmart with a gram of gold LOL
To tell the truth, Bitcoin has also outrun gold in terms of losses. Yes, gold fell from almost ~$1,900 per ounce down to $1,050, which is a huge cut in itself (though falls short of 2 times), but still incomparable with Bitcoin's dramatic collapse from ~$1,200 to below $200 per coin... That makes 6 times, Carl! |
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bryant.coleman
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June 16, 2016, 08:45:38 AM |
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Bitcoin almost always has outpaced gold in terms of profit. It is like the gold of the internet and you can even use them if you want. Good luck trying to buy a giftcard at walmart with a gram of gold LOL
Define this "outpacing".... I know a few guys, who purchased Bitcoins in 2013 December, when the prices were going at $900 to $1,000 per coin. They are holding their coins, as the exchange rates have crashed. And I am not sure whether you can directly compare gold trading with BTC trading... Gold trading is worth as much as $200 billion per day. The equivalent for BTC is just around 0.1% of that amount. |
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sana9827
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June 16, 2016, 09:07:56 AM |
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I love bitcoin and gold, they are both good investments, the only downside is that the bitcoin is unpredictable but profitable on both term and the gold is secure but it takes a long time to make profit mostly.
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Dakron
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June 16, 2016, 09:24:38 AM |
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I think and I believe that as gold gets rarer I would want to have some as part of my portfolio but I also would like to hold bitcoin as for liquidity purposes it is easier to exchange it to other assets fast, plus I believe in the new technology and what it can offer Mankind in general over the next few decades. So a bit of both would be wise to hold at this present time.
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deisik
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June 16, 2016, 09:27:23 AM
Last edit: June 16, 2016, 10:21:04 AM by deisik |
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And I am not sure whether you can directly compare gold trading with BTC trading... Gold trading is worth as much as $200 billion per day. The equivalent for BTC is just around 0.1% of that amount.
In your place, I wouldn't be either, but for completely different reasons. Gold trading consists primarily in trading gold futures and derivatives of higher orders such as options, ETFs, and whatever else that I don't even have an idea about, which are all paper gold that you hate so much... Unlike authentic Bitcoin which you value so high |
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saiha
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June 16, 2016, 09:49:20 AM |
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I love bitcoin and gold, they are both good investments, the only downside is that the bitcoin is unpredictable but profitable on both term and the gold is secure but it takes a long time to make profit mostly.
Well for me, why choose one from them if you can use the good thing and advantages from them both. In gold, this is really a good long term investment the same with bitcoin but the advantage of it is that its price is not depreciating unlike bitcoin the price is going up and down. And bitcoin also is a good remittance for the people in our part of the world. |
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agustina2
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June 16, 2016, 09:54:55 AM |
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Bitcoin almost always has outpaced gold in terms of profit. It is like the gold of the internet and you can even use them if you want. Good luck trying to buy a giftcard at walmart with a gram of gold LOL
To tell the truth, Bitcoin has also outrun gold in terms of losses. Yes, gold fell from almost ~$1,900 per ounce down to $1,050, which is a huge cut, but it is still incomparable with Bitcoin's collapse from ~$1,200 to below $200 per coin... That makes 6 times, Carl! What a comparison. But hell yeah it's true. lol. Also losses in bitcoin can be done "intentionally" with just one wash unlike in gold that somehow some factors of price low for this are really market related. |
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xht
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hey you, yeah you, fuck you!!!
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June 16, 2016, 10:29:44 AM |
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I love bitcoin and gold, they are both good investments, the only downside is that the bitcoin is unpredictable but profitable on both term and the gold is secure but it takes a long time to make profit mostly.
I think it's easier to predict bitcoin than gold for me gold prices tend to be stable and very difficult to move up or down but yes investing in gold is much safer because you can hold in a form that can not be found in bitcoin. |
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bryant.coleman
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June 16, 2016, 11:23:25 AM |
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I love bitcoin and gold, they are both good investments, the only downside is that the bitcoin is unpredictable but profitable on both term and the gold is secure but it takes a long time to make profit mostly.
I think it's easier to predict bitcoin than gold for me gold prices tend to be stable Do you think predicting Bitcoin prices are easy? I don't think so. In 2013, no one predicted that it will go up from $10 per coin in January to $260 per coin in April. Also, no one could predict its rise from $100 per coin in November to $1,250 per coin in December. And worse still, it unexpectedly crashed to less than $200 three months later. |
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Ayers
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June 16, 2016, 11:36:15 AM |
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Bitcoin almost always has outpaced gold in terms of profit. It is like the gold of the internet and you can even use them if you want. Good luck trying to buy a giftcard at walmart with a gram of gold LOL
To tell the truth, Bitcoin has also outrun gold in terms of losses. Yes, gold fell from almost ~$1,900 per ounce down to $1,050, which is a huge cut in itself (though falls short of 2 times), but still incomparable with Bitcoin's dramatic collapse from ~$1,200 to below $200 per coin... That makes 6 times, Carl! lol that is because one has at the time a 12B marketcap, more prone to manipulation the other has 6 trillion market cap, stupid comparison you have there, compare it again when bitcoin will reach 6 trillion market cap if ever! |
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umaOuma
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June 16, 2016, 11:49:27 AM |
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I love bitcoin and gold, they are both good investments, the only downside is that the bitcoin is unpredictable but profitable on both term and the gold is secure but it takes a long time to make profit mostly.
I think it's easier to predict bitcoin than gold for me gold prices tend to be stable and very difficult to move up or down but yes investing in gold is much safer because you can hold in a form that can not be found in bitcoin. No bitcoin is unpredictable in compare to gold, gold is not too volatile like bitcoin, last month bitcoin was around $450 and current price is close to $750 which proves its high volatility. |
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deisik
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June 16, 2016, 11:56:35 AM
Last edit: June 16, 2016, 12:16:07 PM by deisik |
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Bitcoin almost always has outpaced gold in terms of profit. It is like the gold of the internet and you can even use them if you want. Good luck trying to buy a giftcard at walmart with a gram of gold LOL
To tell the truth, Bitcoin has also outrun gold in terms of losses. Yes, gold fell from almost ~$1,900 per ounce down to $1,050, which is a huge cut in itself (though falls short of 2 times), but still incomparable with Bitcoin's dramatic collapse from ~$1,200 to below $200 per coin... That makes 6 times, Carl! lol that is because one has at the time a 12B marketcap, more prone to manipulation the other has 6 trillion market cap, stupid comparison you have there, compare it again when bitcoin will reach 6 trillion market cap if ever! Does it make losses less painful while profits more pleasing (and vice versa)? If not, then your point, i.e. whether Bitcoin is more prone to manipulation (which might very well be the case), is irrelevant, I'm sorry |
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Fanpant
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June 16, 2016, 07:43:02 PM |
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I love bitcoin and gold, they are both good investments, the only downside is that the bitcoin is unpredictable but profitable on both term and the gold is secure but it takes a long time to make profit mostly.
I think it's easier to predict bitcoin than gold for me gold prices tend to be stable and very difficult to move up or down but yes investing in gold is much safer because you can hold in a form that can not be found in bitcoin. No bitcoin is unpredictable in compare to gold, gold is not too volatile like bitcoin, last month bitcoin was around $450 and current price is close to $750 which proves its high volatility. When the market cap of bitcoin becomes the same as the gold, no single entity can manipulate the price, it will become more stable. |
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torrentheaven
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June 16, 2016, 07:47:21 PM |
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I love bitcoin and gold, they are both good investments, the only downside is that the bitcoin is unpredictable but profitable on both term and the gold is secure but it takes a long time to make profit mostly.
I think it's easier to predict bitcoin than gold for me gold prices tend to be stable and very difficult to move up or down but yes investing in gold is much safer because you can hold in a form that can not be found in bitcoin. No bitcoin is unpredictable in compare to gold, gold is not too volatile like bitcoin, last month bitcoin was around $450 and current price is close to $750 which proves its high volatility. When the market cap of bitcoin becomes the same as the gold, no single entity can manipulate the price, it will become more stable. It will take long time for bitcoin to achieve that huge market cap as gold, as at a moment market cap of bitcoin is too small and we cannot expect to see price stability in bitcoin. |
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deisik
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June 16, 2016, 08:46:33 PM |
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When the market cap of bitcoin becomes the same as the gold, no single entity can manipulate the price, it will become more stable.
It will take long time for bitcoin to achieve that huge market cap as gold, as at a moment market cap of bitcoin is too small and we cannot expect to see price stability in bitcoin. Growth in the Bitcoin market cap without a matching increase in its real usage (i.e. the exchange of goods with Bitcoin) will only lead to an increased volatility, not stability in its price |
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saiha
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June 16, 2016, 09:32:34 PM |
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When the market cap of bitcoin becomes the same as the gold, no single entity can manipulate the price, it will become more stable.
It will take long time for bitcoin to achieve that huge market cap as gold, as at a moment market cap of bitcoin is too small and we cannot expect to see price stability in bitcoin. Growth in the Bitcoin market cap without a matching increase in its real usage (i.e. the exchange of goods with Bitcoin) will only lead to an increased volatility, not stability in its price Yeah of course that is needed for the market cap of bitcoin, and it is really needed for a very long time for bitcoin to be in line with gold. But as of now, bitcoin is more convenient to use rather than gold, that's before the usage of them both. |
Vires in Numeris
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ps_jb
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June 16, 2016, 09:35:25 PM |
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At the moment 1btc will cost as much as 1Oz of gold - it will be a time to buy gold
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saiha
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June 16, 2016, 09:41:23 PM |
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At the moment 1btc will cost as much as 1Oz of gold - it will be a time to buy gold
That's a good investment, well if you can afford to buy one today well go for it. But it is still better if you are going to wait for a further price increase. As the halving is coming more things to expect with bitcoin for the price increase. But we don't have to expect too much or else we will just get hurt. |
Vires in Numeris
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Raimonn
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June 16, 2016, 09:57:26 PM |
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I like both to invest, but on actual moment i think that i could earn more investing on bitcoins, when i sell my bitcoins is possible that i invest one part on gold.
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boyptc
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June 16, 2016, 10:10:59 PM |
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I like both to invest, but on actual moment i think that i could earn more investing on bitcoins, when i sell my bitcoins is possible that i invest one part on gold.
Investing in both is a win-win situation if you are a long term investor then gold and bitcoin fits for you. Because gold never depreciates its price, the longer time it is alive the higher value it comes. Same thing with bitcoin, but with bitcoin there is a risk because of being decentralize. There is a chance of down fall, but still that's not a big deal if you know that bitcoin is going to rise. |
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