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Author Topic: Bitcoin or gold?  (Read 984412 times)
dezoel
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June 19, 2016, 09:36:51 AM
 #3821

I would definitely prefer bitcoin instead of gold because it is so easy to use. For gold, you have to trust that somebody is giving you the right weight of gold, right purity, and all sorts of things like that.

With bitcoin, every unit is the same. You can transfer it without hassles virtually.

With the current rise in the price of btc, everyone will prefer Bitcoins over the gold. But still gold has the reputation and trust from the years so people prefer gold. Bitcoins will take some more time to gain the trust and to became popular; I think its has been already started if you look at the current value of the Bitcoins.

If you miss the opportunity of investing in bitcoin now then you will regret in future for sure, this is the best time to invest in bitcoin and secured the profits in short term and with that profits you can invest some in gold too.

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June 19, 2016, 10:05:07 AM
 #3822

I would definitely prefer bitcoin instead of gold because it is so easy to use. For gold, you have to trust that somebody is giving you the right weight of gold, right purity, and all sorts of things like that.

With bitcoin, every unit is the same. You can transfer it without hassles virtually.

With the current rise in the price of btc, everyone will prefer Bitcoins over the gold. But still gold has the reputation and trust from the years so people prefer gold. Bitcoins will take some more time to gain the trust and to became popular; I think its has been already started if you look at the current value of the Bitcoins.

If you miss the opportunity of investing in bitcoin now then you will regret in future for sure, this is the best time to invest in bitcoin and secured the profits in short term and with that profits you can invest some in gold too.

The best time was when Bitcoin had fallen a little below $200 for some hours (actually for a few minutes only). Halving around the corner, right now you may incur serious losses if you buy at the top. Especially if a big dump is brewing...

I don't follow the price closely, but has anyone already seen a pronounced double top?

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June 19, 2016, 10:23:41 AM
 #3823

Personally I'd choose bitcoin right now, because it has all the characteristics of gold, plus portability which is something that gold does not have. Nor does it have divisibility. You can't divide gold pieces easily.

Just a matter of time before bitcoin becomes the digital gold.
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June 19, 2016, 10:47:10 AM
 #3824

Personally I'd choose bitcoin right now, because it has all the characteristics of gold, plus portability which is something that gold does not have. Nor does it have divisibility. You can't divide gold pieces easily.

Just a matter of time before bitcoin becomes the digital gold.

and the other deficiency in gold is that you cannot buy a small amount of gold,  I think the minimum amount of gold you can easily buy is about 1 gram and its price is about $40, while you can buy bitcoin even with the smallest amount of money like you can buy a minimum of 0.0001 BTC easily, which price is about $0.07. so anyone can buy it even poor people.

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June 19, 2016, 10:48:00 AM
 #3825

I would definitely prefer bitcoin instead of gold because it is so easy to use. For gold, you have to trust that somebody is giving you the right weight of gold, right purity, and all sorts of things like that.

With bitcoin, every unit is the same. You can transfer it without hassles virtually.

With the current rise in the price of btc, everyone will prefer Bitcoins over the gold. But still gold has the reputation and trust from the years so people prefer gold. Bitcoins will take some more time to gain the trust and to became popular; I think its has been already started if you look at the current value of the Bitcoins.

Bitcoin even if become popular is useless for those people who can't use bitcoin 100%. Geographical locations, internet access and bitcoin legality.

Gold can cover that hole and can physically be use anytime anywhere.

Also gold is not meant for short term earning purposes and that thing can be covered by bitcoin.

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June 19, 2016, 10:58:33 AM
 #3826

Personally I'd choose bitcoin right now, because it has all the characteristics of gold, plus portability which is something that gold does not have. Nor does it have divisibility. You can't divide gold pieces easily.

Just a matter of time before bitcoin becomes the digital gold.

Bitcoin is already a digital gold at the moment, as it's not even physical and the price is more than half an ounce of gold Tongue

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June 19, 2016, 11:00:22 AM
 #3827

Personally I'd choose bitcoin right now, because it has all the characteristics of gold, plus portability which is something that gold does not have. Nor does it have divisibility. You can't divide gold pieces easily.

Just a matter of time before bitcoin becomes the digital gold.

and the other deficiency in gold is that you cannot buy a small amount of gold,  I think the minimum amount of gold you can easily buy is about 1 gram and its price is about $40, while you can buy bitcoin even with the smallest amount of money like you can buy a minimum of 0.0001 BTC easily, which price is about $0.07. so anyone can buy it even poor people.

You can buy gold by the grain (not gram)

Which is roughly 1/15th gram.
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June 19, 2016, 03:29:03 PM
 #3828

Personally I'd choose bitcoin right now, because it has all the characteristics of gold, plus portability which is something that gold does not have. Nor does it have divisibility. You can't divide gold pieces easily.

Just a matter of time before bitcoin becomes the digital gold.

Bitcoin is already a digital gold at the moment, as it's not even physical and the price is more than half an ounce of gold Tongue



gold is more stable price, last month ago gold price higher than bitcoin, ii think it's normally bitcoin price at this momenth is very high, halving s the main reason of it, i doubt the price wil be stable after halving.
CryptoBjorn
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June 19, 2016, 04:53:16 PM
 #3829

Personally I'd choose bitcoin right now, because it has all the characteristics of gold, plus portability which is something that gold does not have. Nor does it have divisibility. You can't divide gold pieces easily.

Just a matter of time before bitcoin becomes the digital gold.

Bitcoin is already a digital gold at the moment, as it's not even physical and the price is more than half an ounce of gold Tongue



gold is more stable price, last month ago gold price higher than bitcoin, ii think it's normally bitcoin price at this momenth is very high, halving s the main reason of it, i doubt the price wil be stable after halving.

Gold has an impressive curve if you look at the start of this year, but if you compare it with bitcoin, you will see it's unmatched. Which means bitcoin has outperformed Gold in terms of ROI, but another factor offcourse is stability and which gold is the leader... So having both is the best way to make an interesting portfolio, both stability and ROi are included.
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June 19, 2016, 05:00:26 PM
 #3830

Personally I'd choose bitcoin right now, because it has all the characteristics of gold, plus portability which is something that gold does not have. Nor does it have divisibility. You can't divide gold pieces easily.

Just a matter of time before bitcoin becomes the digital gold.

Bitcoin is already a digital gold at the moment, as it's not even physical and the price is more than half an ounce of gold Tongue



gold is more stable price, last month ago gold price higher than bitcoin, ii think it's normally bitcoin price at this momenth is very high, halving s the main reason of it, i doubt the price wil be stable after halving.

Gold has an impressive curve if you look at the start of this year, but if you compare it with bitcoin, you will see it's unmatched. Which means bitcoin has outperformed Gold in terms of ROI, but another factor offcourse is stability and which gold is the leader... So having both is the best way to make an interesting portfolio, both stability and ROi are included.

If you are looking for stable and safe profits then gold is the right choice but if you want to take risks and play in short term  then you should go with bitcoins.
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June 19, 2016, 05:28:44 PM
 #3831

Bitcoin is great for short term speculation but I wouldnt bet my retirement fund on it.

Gold gives peace of mind and stable growth.
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June 19, 2016, 05:47:24 PM
 #3832

Bitcoin is great for short term speculation but I wouldnt bet my retirement fund on it.

Gold gives peace of mind and stable growth.

Exactly, gold is always better then bitcoin in long term, bitcoin's future is unpredictable and if we depend on bitcoin for retirement and if price drops then that would be an horrible situation.
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June 19, 2016, 05:52:03 PM
 #3833

Bitcoin is great for short term speculation but I wouldnt bet my retirement fund on it.

Gold gives peace of mind and stable growth.

Exactly, gold is always better then bitcoin in long term, bitcoin's future is unpredictable and if we depend on bitcoin for retirement and if price drops then that would be an horrible situation.

Well it was but not anymore IMO. The price for gold drops too you can check the charts so it's not a stable income. You might lose a lot investing in gold, so I'd say they, Bitcoin and gold, are equal, but I prefer Bitcoin anyway. )

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June 19, 2016, 06:05:06 PM
 #3834

Bitcoin is great for short term speculation but I wouldnt bet my retirement fund on it.

Gold gives peace of mind and stable growth.

You need to do profit booking at regular intervals, rather than holding all of your coins until the retirement. Bitcoin is not going to survive for more than 10-15 years. It will get replaced, just like the 1990s when USB sticks replaced the floppy drives. Technology is evolving at a rapid pace. We need to cash out our Bitcoins before they become obsolete.
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June 19, 2016, 08:14:58 PM
 #3835

Well it was but not anymore IMO. The price for gold drops too you can check the charts so it's not a stable income. You might lose a lot investing in gold, so I'd say they, Bitcoin and gold, are equal, but I prefer Bitcoin anyway. )

Bitcoin hasnt even existed long term so still has a lot to prove and like all technology it will be superceeded sooner or later. 

Gold price will go up and down as nothing goes up in a straight line but long term trends are positive.
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June 19, 2016, 08:36:26 PM
 #3836

Bitcoin is great for short term speculation but I wouldnt bet my retirement fund on it.

Gold gives peace of mind and stable growth.

Exactly, gold is always better then bitcoin in long term, bitcoin's future is unpredictable and if we depend on bitcoin for retirement and if price drops then that would be an horrible situation.

Well it was but not anymore IMO. The price for gold drops too you can check the charts so it's not a stable income. You might lose a lot investing in gold, so I'd say they, Bitcoin and gold, are equal, but I prefer Bitcoin anyway. )

At a moment bitcoin is the best option available, as we are very close to halving so we can expect best profits by then, so I am buying bitcoin and holding for the future.
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June 19, 2016, 10:11:06 PM
 #3837

Gold has many things bitcoin don't have
- It's been worthy for millenniums, bitcoin not
- It holds value by 100% of the world, bitcoin not (yet)

So yes it's an easy choice. Gold!
I think it was not an easy choice dude You can ask all users here. Which bitcoin between gold and that will be easier to bring in a profit? you know the answer is bitcoin ?
gold will not necessarily win for all sides? Gold has advantages as well bitcoin
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June 19, 2016, 10:13:39 PM
 #3838

Bitcoin is great for short term speculation but I wouldnt bet my retirement fund on it.

Gold gives peace of mind and stable growth.

Best comment Smiley
i thik gold is the safest way to save our money for retirementday, but i will chose bitcoin for it, i can save bitcoin at paper wallet, its more smple way to save my money, also i can get some "free bits" each week to save it in my paperwallet.
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June 19, 2016, 11:06:14 PM
 #3839

Bitcoin is great for short term speculation but I wouldnt bet my retirement fund on it.

Gold gives peace of mind and stable growth.

Best comment Smiley
i thik gold is the safest way to save our money for retirementday, but i will chose bitcoin for it, i can save bitcoin at paper wallet, its more smple way to save my money, also i can get some "free bits" each week to save it in my paperwallet.

If you can afford to invest in gold. Then it is really one of the safest way to save for future purpose and profit.
But we are in the tech era and computer days, bitcoin is much really convenient to use and you can really get profit from it.

Vires in Numeris
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June 19, 2016, 11:40:47 PM
 #3840

Bitcoin is great for short term speculation but I wouldnt bet my retirement fund on it.
Gold gives peace of mind and stable growth.
Best comment Smiley
i thik gold is the safest way to save our money for retirementday, but i will chose bitcoin for it, i can save bitcoin at paper wallet, its more smple way to save my money, also i can get some "free bits" each week to save it in my paperwallet.
If you can afford to invest in gold. Then it is really one of the safest way to save for future purpose and profit.
But we are in the tech era and computer days, bitcoin is much really convenient to use and you can really get profit from it.
Investing in gold is a safe haven for investors as opposed to investment is not always stable stock market.
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