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ice098
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July 17, 2016, 08:41:15 AM |
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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 choose them both. Because theres no assurance in bitcoin or in gold that their price didnt fall or their price will going rise only because as of now their price.is not stable not like money that has a stable price. For me if they both i choose theres a possibility that One of them will be too profitable but theres a possibility.that one of them.will dump, im not.sure if it is bitcoin or gold. Or theres a possibility that both will be profitable in the future.  |
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Fanpant
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July 17, 2016, 10:09:03 AM |
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I have both bitcoin and gold. In the gold, I have some investments in the gold companies. But I think bitcoin will rise faster.
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markj113
Legendary
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Activity: 2254
Merit: 1043
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July 17, 2016, 10:30:37 AM |
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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 choose them both. Because theres no assurance in bitcoin or in gold that their price didnt fall or their price will going rise only because as of now their price.is not stable not like money that has a stable price. For me if they both i choose theres a possibility that One of them will be too profitable but theres a possibility.that one of them.will dump, im not.sure if it is bitcoin or gold. Or theres a possibility that both will be profitable in the future. You think money is stable? If by stable you mean constantly loosing purchase power year on year then yes it is  |
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deisik
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English ⬄ Russian Translation Services
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July 17, 2016, 12:04:47 PM
Last edit: July 17, 2016, 02:43:06 PM by deisik |
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You think money is stable? If by stable you mean constantly loosing purchase power year on year then yes it is I've seen this chart posted many times across the forum, and I'm curious how this purchasing power of the US dollar is actually calculated and against which asset, good, or a basket of goods. To give it any chance of credibility, it should also include the corresponding growth in wages as well as to reflect the true change in the purchasing power of general public over time... Otherwise, this chart can only be used to scare naughty children into obedience, and not for any serious consideration or discussion |
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markj113
Legendary
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Activity: 2254
Merit: 1043
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July 17, 2016, 12:29:38 PM |
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The chart still shows its not worth keeping wads of cash in the bank paying virtually zero interest or stuffing the matress long term.
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KingdomHearts
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July 17, 2016, 04:28:52 PM |
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I have both bitcoin and gold. In the gold, I have some investments in the gold companies. But I think bitcoin will rise faster.
i agree with you and i also have both bitcoin and gold , and i invest my money into bitcoin in big amount because bitcoin going to increase its price too much faster than other currency and i feel investment in bitcoin is more beneficial than gold . |
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CryingMidget
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July 17, 2016, 04:34:23 PM |
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The chart still shows its not worth keeping wads of cash in the bank paying virtually zero interest or stuffing the matress long term.
Gold is more trusted investment for many many years so one shouldn't forget to invest in it whenever they get a chance to invest. But bitcoin is a new and more dynamic in price movement so we can easily make some quick profits from bitcoins. So we should buy both of these products. |
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socks435
Legendary
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Activity: 2016
Merit: 1030
Privacy is always important
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July 17, 2016, 05:05:18 PM |
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The chart still shows its not worth keeping wads of cash in the bank paying virtually zero interest or stuffing the matress long term.
Gold is more trusted investment for many many years so one shouldn't forget to invest in it whenever they get a chance to invest. But bitcoin is a new and more dynamic in price movement so we can easily make some quick profits from bitcoins. So we should buy both of these products. For me i can not buy both only bitcoin right now is the best to choose because you can make a profit fast just waiting for the price incrase ,, Gold is better for rich people if they have lots of money they can invest it for gold for therir future. |
Solving blocks can't be solved without my rigs.
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Wowcoin
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July 18, 2016, 03:17:37 AM |
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As of me for now bitcoin because now bitcoin have good value its better to have a bitcoin than to gold. If you have a bitcoin you can buy gold if you want but gold you can not use it to buy anything. Bitcoin is good too to invest than to gold bitcoin value become double in couple of years but gold you need to wait many years to get higher.
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sirohige
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July 18, 2016, 08:33:14 AM |
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it's very easy to eran bitcoin, we can shit at our room , turn off the computer, doing faucet or trading, so we can get some bitcoin, for collecting gold we must mine it with highest cost or buy it in local store, so bitcoin is more easy to earn it, and i choose bitcoin.
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Fanpant
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July 18, 2016, 02:48:08 PM |
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Both the bitcoin and the gold will rise in value in the long term. But I think the bitcoin is more useful in the daily life.
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oHnK
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July 18, 2016, 04:24:13 PM |
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Otherwise, this chart can only be used to scare naughty children into obedience, and not for any serious consideration or discussion
It doesnt even scare children at all as they wont even know what that means seriously however even without having a look on that chart we know that purchasing power is getting lower and lower every year, it doesnt take an expert to tell us that as it is almost visible in our daily life |
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avw1982
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July 18, 2016, 04:29:19 PM |
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Both the bitcoin and the gold will rise in value in the long term. But I think the bitcoin is more useful in the daily life.
I would go for bitcoins only because this is an developing technology through which billions of dollars are getting circulated. When you consider gold, it is a commodity and based on quality price differs. In bitcoin it is common to earn profit in short term as well as its purely based on technology which can provide big profit compared to gold. So bitcoin is given priority... |
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peta4e
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July 18, 2016, 04:53:43 PM |
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Both the bitcoin and the gold will rise in value in the long term. But I think the bitcoin is more useful in the daily life.
I would go for bitcoins only because this is an developing technology through which billions of dollars are getting circulated. When you consider gold, it is a commodity and based on quality price differs. In bitcoin it is common to earn profit in short term as well as its purely based on technology which can provide big profit compared to gold. So bitcoin is given priority... At this stage investing in bitcoin is the right thing to do, as users are increasing and bitcoin is getting more popular now so it can be the best investment for the future. |
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mirakal
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Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
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July 19, 2016, 03:19:08 AM |
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Both the bitcoin and the gold will rise in value in the long term. But I think the bitcoin is more useful in the daily life.
I would go for bitcoins only because this is an developing technology through which billions of dollars are getting circulated. When you consider gold, it is a commodity and based on quality price differs. In bitcoin it is common to earn profit in short term as well as its purely based on technology which can provide big profit compared to gold. So bitcoin is given priority... At this stage investing in bitcoin is the right thing to do, as users are increasing and bitcoin is getting more popular now so it can be the best investment for the future. That is true, and at this moment all we have to do is to trust the future of bitcoins and by saying trust we should risk a decent amount for long term investment and make sure you will not touch it for a longer period of time but it is also necessary to make a specific target of date. |
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batang_bitcoin
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July 19, 2016, 03:34:31 AM |
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Both the bitcoin and the gold will rise in value in the long term. But I think the bitcoin is more useful in the daily life.
I would go for bitcoins only because this is an developing technology through which billions of dollars are getting circulated. When you consider gold, it is a commodity and based on quality price differs. In bitcoin it is common to earn profit in short term as well as its purely based on technology which can provide big profit compared to gold. So bitcoin is given priority... At this stage investing in bitcoin is the right thing to do, as users are increasing and bitcoin is getting more popular now so it can be the best investment for the future. That is true, and at this moment all we have to do is to trust the future of bitcoins and by saying trust we should risk a decent amount for long term investment and make sure you will not touch it for a longer period of time but it is also necessary to make a specific target of date. Bitcoin has going to have good future at all. We just have to wait for the price to increase dramatically. But if you are holding gold too that is better to have both investment. |
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goldcoinminer
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July 19, 2016, 07:07:12 AM |
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Both the bitcoin and the gold will rise in value in the long term. But I think the bitcoin is more useful in the daily life.
I would go for bitcoins only because this is an developing technology through which billions of dollars are getting circulated. When you consider gold, it is a commodity and based on quality price differs. In bitcoin it is common to earn profit in short term as well as its purely based on technology which can provide big profit compared to gold. So bitcoin is given priority... At this stage investing in bitcoin is the right thing to do, as users are increasing and bitcoin is getting more popular now so it can be the best investment for the future. That is true, and at this moment all we have to do is to trust the future of bitcoins and by saying trust we should risk a decent amount for long term investment and make sure you will not touch it for a longer period of time but it is also necessary to make a specific target of date. Bitcoin has going to have good future at all. We just have to wait for the price to increase dramatically. But if you are holding gold too that is better to have both investment. Patience is virtue just like what they said and that could be applicable in real life investing, with bitcoins that is increasing now the future is really great if you have patience will not easily dump your bitcoins once you see a good price increase. |
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worhiper_-_
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July 19, 2016, 12:23:08 PM |
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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.
That's a difficult question. But i think i would go with the "Gold". Virtual Coin for sure will survive In the future, but there is nothing sure about Btc itself.Maybe btc is no more after 10 years.. but we can't know that. |
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doublebit21
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July 19, 2016, 12:27:43 PM |
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For now i can't afford to buy gold better to buy bitcoins.. because you can easy to buy and hold it and make profit when the price of bitcoin is high..
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co5hike
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July 19, 2016, 12:32:03 PM |
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Both the bitcoin and the gold will rise in value in the long term. But I think the bitcoin is more useful in the daily life.
I would go for bitcoins only because this is an developing technology through which billions of dollars are getting circulated. When you consider gold, it is a commodity and based on quality price differs. In bitcoin it is common to earn profit in short term as well as its purely based on technology which can provide big profit compared to gold. So bitcoin is given priority... At this stage investing in bitcoin is the right thing to do, as users are increasing and bitcoin is getting more popular now so it can be the best investment for the future. That is true, and at this moment all we have to do is to trust the future of bitcoins and by saying trust we should risk a decent amount for long term investment and make sure you will not touch it for a longer period of time but it is also necessary to make a specific target of date. Bitcoin has going to have good future at all. We just have to wait for the price to increase dramatically. But if you are holding gold too that is better to have both investment. Patience is virtue just like what they said and that could be applicable in real life investing, with bitcoins that is increasing now the future is really great if you have patience will not easily dump your bitcoins once you see a good price increase. If you can afford to hold your coins for next 5 years then I think you should invest in bitcoin as if you compare the profits of gold and bitcoin then bitcoin will give you higher profits. |
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