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Author Topic: Bitcoin or gold?  (Read 984412 times)
cambda
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July 13, 2016, 11:52:38 PM
 #4401

I'll choose both because those two have the potential to increase prices insanely in future. If you have gold and Bitcoin just hold it or invest some part of it in able to grow in some way and spending wisely to avoid loss.
Well, if everyone could choose neither course everyone would do it, but it would be difficult to focus on two different things, I also want to choose both, but it was very difficult, so I chose bitcoin as a tool to develop the business I do for these days, so maybe you also have to choose a bitcoin, because bitcoin has a greater opportunity
You are right, it is really very difficult to focus on both of assets for our trade and profit making, so the better is that we choose bitcoin, as the benefit of bitcoin is that it increases in value much faster than gold, so we can earn much faster compared to the investments made with gold.

Bitcoin will allow us to make small profits but in quick time which is never possible with gold ever, so I would be much satisfied with regular small profits rather then waiting too long.
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July 14, 2016, 12:10:09 AM
 #4402

I'll choose both because those two have the potential to increase prices insanely in future. If you have gold and Bitcoin just hold it or invest some part of it in able to grow in some way and spending wisely to avoid loss.
Well, if everyone could choose neither course everyone would do it, but it would be difficult to focus on two different things, I also want to choose both, but it was very difficult, so I chose bitcoin as a tool to develop the business I do for these days, so maybe you also have to choose a bitcoin, because bitcoin has a greater opportunity
You are right, it is really very difficult to focus on both of assets for our trade and profit making, so the better is that we choose bitcoin, as the benefit of bitcoin is that it increases in value much faster than gold, so we can earn much faster compared to the investments made with gold.

Bitcoin will allow us to make small profits but in quick time which is never possible with gold ever, so I would be much satisfied with regular small profits rather then waiting too long.

I agree that is why bitcoin is better than gold with that characteristic of bitcoin we are able to get some good opportunities out of it.
Unlike gold, yeah it is gold, expensive and very hard to get it. If you want some and you don't have enough money for buying, go dig the mountains and go mine for it.



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July 14, 2016, 12:16:51 AM
 #4403

Bitcoin would be the winner since it price rapidly increases rather than gold but gold is a precious mineral which it's value increases gradually but surely but not as fast as Bitcoin.

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July 14, 2016, 12:35:59 AM
 #4404

you can easily buy some gold. You can buy grams of gold you know, you don't have to buy lingots of 1kg xD


Grams of gold is not feasible to use as the overhead to handling is far too high.   You will lose more on the dealing of the gold then was ever of benefit in having it as stable currency so this is not feasible and its a challenge as an idea.  Bitcoin wins this round fairly clear

Yeah he can buy a little amount of gold but it will not profit him any thing as for earning profit some grams of gold are not enough, only rich people can rely on gold for their trade and future profit , for those who cannot afford gold can earn a better amount with bitcoin.

But neither is this true, 'gold is only for rich people'  
Rich people always have the advantage of size and the ability to dominate a deal with their superior financing, thats just an advantage they have.  Also its useful to an economy to have those who will risk their capital even for personal profit, this element is useful to society and to keep balance it just requires they also pay the price and suffer loss if they are wrong.  You cannot save the rich from themselves, it is the competition of capitalism.  Sometimes the rich become poor and also poor become rich hopefully though enterprise and work but also  just luck :p

The point about gold for rich is wrong because in the modern day we have a variety of ways to distribute gold beyond the pure physical.   To carry around a gram of gold would be silly, not recognisable or easy to use and so not fungible.
However we do have the technology to have digital currency and so a link to gold.  Ive mentioned before, its very real that your electronic card for buying food can be linked to the current gold price.   You will be spending food while buying rice and meat, there are costs as again bitcoin might do well in comparison but bitcoin is not as stable just yet
Right now in less then a month they could make dollars a form of digital gold, its all possible to do but very unlikely as the US government cannot afford to pay 1:1 its debts every day and they would default


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July 14, 2016, 12:50:51 AM
 #4405

Bitcoin would be the winner since it price rapidly increases rather than gold but gold is a precious mineral which it's value increases gradually but surely but not as fast as Bitcoin.

As of now the price of bitcoin is stable from $660-$670 but it doesn't matter if we look backed from its price a month a go the price did really increase rapidly and we can say that it is the amazing thing about bitcoin but of course there is also going to be a down fall but let's don't think about it.
Bitcoin is the digital gold.



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July 14, 2016, 01:00:29 AM
 #4406

i choose the bitcoins, you will need is to online and express your idea, not like a gold to earn this you need to be a miners, just kidding how i can afford the gold if i have no money, while if i online and express my idea to other i can earn income in bitcoins, also i agree that the bitcoins is a digital gold. so what are we waiting for lets go and go to bitcoins eveyday. im happy to be part of this network.
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July 14, 2016, 01:05:32 AM
 #4407

Bitcoin would be the winner since it price rapidly increases rather than gold but gold is a precious mineral which it's value increases gradually but surely but not as fast as Bitcoin.

As of now the price of bitcoin is stable from $660-$670 but it doesn't matter if we look backed from its price a month a go the price did really increase rapidly and we can say that it is the amazing thing about bitcoin but of course there is also going to be a down fall but let's don't think about it.
Bitcoin is the digital gold.

Price fluctuations will always be a part of bitcoin, and we should view it as an opportunity to make profits on regular basis which is never possible with gold as gold is too stable in compare to bitcoins.


 
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July 14, 2016, 01:42:53 AM
 #4408

Bitcoin would be the winner since it price rapidly increases rather than gold but gold is a precious mineral which it's value increases gradually but surely but not as fast as Bitcoin.

As of now the price of bitcoin is stable from $660-$670 but it doesn't matter if we look backed from its price a month a go the price did really increase rapidly and we can say that it is the amazing thing about bitcoin but of course there is also going to be a down fall but let's don't think about it.
Bitcoin is the digital gold.

Price fluctuations will always be a part of bitcoin, and we should view it as an opportunity to make profits on regular basis which is never possible with gold as gold is too stable in compare to bitcoins.

Yes you are right that is why I'm not rushing for the price increase because all of the sudden it will just going to happen without any notifications.
But still the halving did happened and I'm expecting it is going to happen soon unlike gold the price of it increases slowly.
And in bitcoin it can just increase rapidly.



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July 14, 2016, 01:56:21 AM
 #4409

i choose the bitcoins, you will need is to online and express your idea, not like a gold to earn this you need to be a miners, just kidding how i can afford the gold if i have no money, while if i online and express my idea to other i can earn income in bitcoins, also i agree that the bitcoins is a digital gold. so what are we waiting for lets go and go to bitcoins eveyday. im happy to be part of this network.

Bitcoins is not yet universally accepted, many countries are not willing to regulate the bitcoins because of which there is lack of trust towards bitcoins. For the time being its better to invest large money in gold and less money on bitcoins, just to be on safer side.
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July 14, 2016, 03:56:19 AM
 #4410

i choose the bitcoins, you will need is to online and express your idea, not like a gold to earn this you need to be a miners, just kidding how i can afford the gold if i have no money, while if i online and express my idea to other i can earn income in bitcoins, also i agree that the bitcoins is a digital gold. so what are we waiting for lets go and go to bitcoins eveyday. im happy to be part of this network.

Bitcoins is not yet universally accepted, many countries are not willing to regulate the bitcoins because of which there is lack of trust towards bitcoins. For the time being its better to invest large money in gold and less money on bitcoins, just to be on safer side.


Yeah there are some countries that really prohibits the use of bitcoin.. I don't know if Russia is already accepting bitcoins, I know some of people there are using bitcoins, but I have read a comment here on a thread that their government is not allowing their constituents to use bitcoin at all.
I don't know if that's true. And that is really going to be a go for bitcoin.
I don't see why such countries should prohibit using bitcoins when it is beneficial to the people, with bitcoin we can easily transact online and we can avoid huge fees charge by other companies for online fund transfer and transactions.

In addition, this is also a good investment, I don't think there is something bad with using bitcoins.

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July 14, 2016, 04:02:42 AM
 #4411

I prefer to choose bitcoin for investmen in shorterm and gold for the longterm
also both is good choice to hold it for the longterm.

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July 14, 2016, 04:09:48 AM
 #4412

i choose the bitcoins, you will need is to online and express your idea, not like a gold to earn this you need to be a miners, just kidding how i can afford the gold if i have no money, while if i online and express my idea to other i can earn income in bitcoins, also i agree that the bitcoins is a digital gold. so what are we waiting for lets go and go to bitcoins eveyday. im happy to be part of this network.

Bitcoins is not yet universally accepted, many countries are not willing to regulate the bitcoins because of which there is lack of trust towards bitcoins. For the time being its better to invest large money in gold and less money on bitcoins, just to be on safer side.


Yeah there are some countries that really prohibits the use of bitcoin.. I don't know if Russia is already accepting bitcoins, I know some of people there are using bitcoins, but I have read a comment here on a thread that their government is not allowing their constituents to use bitcoin at all.
I don't know if that's true. And that is really going to be a go for bitcoin.
I don't see why such countries should prohibit using bitcoins when it is beneficial to the people, with bitcoin we can easily transact online and we can avoid huge fees charge by other companies for online fund transfer and transactions.

In addition, this is also a good investment, I don't think there is something bad with using bitcoins.

Because are scared that their local currency is going to be dead. That's why as early as they know they are doing something in able to prevent that to happen. That is why prevention is better than cure. And they know that bitcoin is really going to be a great currency and they can't control it once it is going to be used to their country.

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July 14, 2016, 08:02:22 AM
 #4413

I would choose gold because it has already made its mark. It is stable and established. It's been here for centuries and it has a physical form. We may be in the information age now and we have high technology but still we can't deny the fact that gold is a precious metal and its value will increase eventually because of its usefulness.
Choosing gold is good for this days.. But we all are dealing BTC as a business and we all know that gold is also limited and BTC is also limited, and the price of Gold is high that we cant afford the Gold... So BTC is the best option, it will rise and come in compare to Gold
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July 14, 2016, 09:35:21 AM
 #4414

I would choose gold because it has already made its mark. It is stable and established. It's been here for centuries and it has a physical form. We may be in the information age now and we have high technology but still we can't deny the fact that gold is a precious metal and its value will increase eventually because of its usefulness.
Choosing gold is good for this days.. But we all are dealing BTC as a business and we all know that gold is also limited and BTC is also limited, and the price of Gold is high that we cant afford the Gold... So BTC is the best option, it will rise and come in compare to Gold
it is good to have bitcoin than gold now as price will increase in the coming months. gold is having the same price for over years.
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July 14, 2016, 10:00:44 AM
 #4415

I would choose gold because it has already made its mark. It is stable and established. It's been here for centuries and it has a physical form. We may be in the information age now and we have high technology but still we can't deny the fact that gold is a precious metal and its value will increase eventually because of its usefulness.
Choosing gold is good for this days.. But we all are dealing BTC as a business and we all know that gold is also limited and BTC is also limited, and the price of Gold is high that we cant afford the Gold... So BTC is the best option, it will rise and come in compare to Gold
it is good to have bitcoin than gold now as price will increase in the coming months. gold is having the same price for over years.

Actually the price of bitcoin is stable right now, don't have a significant increase or decrease and maybe it's because the halving. But i prefer using bitcoin for right now.
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July 14, 2016, 10:15:47 AM
 #4416

I would choose gold because it has already made its mark. It is stable and established. It's been here for centuries and it has a physical form. We may be in the information age now and we have high technology but still we can't deny the fact that gold is a precious metal and its value will increase eventually because of its usefulness.
Choosing gold is good for this days.. But we all are dealing BTC as a business and we all know that gold is also limited and BTC is also limited, and the price of Gold is high that we cant afford the Gold... So BTC is the best option, it will rise and come in compare to Gold
it is good to have bitcoin than gold now as price will increase in the coming months. gold is having the same price for over years.

I agree it is really better if you are going to focus on bitcoin rather than gold. And it is better to work bitcoin rather than gold. Gold is physical and it is really hard to sell it. But if with bitcoin you can just sell it to the exchange sites easily and there are now stores that do accept bitcoins for payment and as well as merchants.

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July 14, 2016, 10:20:21 AM
 #4417

I would choose gold because it has already made its mark. It is stable and established. It's been here for centuries and it has a physical form. We may be in the information age now and we have high technology but still we can't deny the fact that gold is a precious metal and its value will increase eventually because of its usefulness.
Choosing gold is good for this days.. But we all are dealing BTC as a business and we all know that gold is also limited and BTC is also limited, and the price of Gold is high that we cant afford the Gold... So BTC is the best option, it will rise and come in compare to Gold
it is good to have bitcoin than gold now as price will increase in the coming months. gold is having the same price for over years.

Actually the price of bitcoin is stable right now, don't have a significant increase or decrease and maybe it's because the halving. But i prefer using bitcoin for right now.
Yeah as of now I will choose bitcoin as halving has just gone but we will see its effect in next few months, so if we invest in it now then we can get some good profits by the end of the year.
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July 14, 2016, 10:40:21 AM
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I would choose gold because it has already made its mark. It is stable and established. It's been here for centuries and it has a physical form. We may be in the information age now and we have high technology but still we can't deny the fact that gold is a precious metal and its value will increase eventually because of its usefulness.
Choosing gold is good for this days.. But we all are dealing BTC as a business and we all know that gold is also limited and BTC is also limited, and the price of Gold is high that we cant afford the Gold... So BTC is the best option, it will rise and come in compare to Gold
it is good to have bitcoin than gold now as price will increase in the coming months. gold is having the same price for over years.

I agree it is really better if you are going to focus on bitcoin rather than gold. And it is better to work bitcoin rather than gold. Gold is physical and it is really hard to sell it. But if with bitcoin you can just sell it to the exchange sites easily and there are now stores that do accept bitcoins for payment and as well as merchants.

Yeah and while selling gold you need to follow lot of procedures and show them the proofs, while buying and selling is very simple in bitcoin, it enjoys full freedom.
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July 14, 2016, 10:42:14 AM
 #4419

I think bitcoin is much better than gold, because the traders can earn profit more faster in bitcoin rather than gold, the reason is that gold price is more near to stability and bitcoin price fluctuate at bigger pumps and dumps, and any person can afford bitcoin while gold is only for rich people.
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July 14, 2016, 11:03:30 AM
 #4420

I think bitcoin is much better than gold, because the traders can earn profit more faster in bitcoin rather than gold, the reason is that gold price is more near to stability and bitcoin price fluctuate at bigger pumps and dumps, and any person can afford bitcoin while gold is only for rich people.

If you are going to think clearly bitcoin is much better than gold. Bitcoin can be used by a normal person for buying and selling things. Just like buying gift cards to amazon you can buy it with the help of bitcoins. And you can just send your fund to anyone in the world as long as he has wallet address so that you can send it to him easily.

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