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CryingMidget
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July 30, 2016, 04:45:05 PM |
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in present time as the price of bitcoin is increasing regularly therefore i will like to give preference to bitcoin instead of gold. because the price of gold is increasing very in a very very low speed, as compare to bitcoin where as bitcoin rate is increasing very rapidly it is expected that in next few months the price of bitcoin will easily cross the 1200 $ limit. and that is the reason that i have invested all my assets in bitcoin.
I was considering buying both bitcoins and gold for investment purposes but now not, then obviously best choice will be cold storage/paper wallets for your bitcoins and maybe a safe for your gold... But if you're asking everyone in general where they keep their wealth, I just mainly use regular wallets because I like investing in other things at times, and to maybe but some stuff with bitcoins. |
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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oHnK
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July 31, 2016, 05:20:29 AM |
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I just mainly use regular wallets because I like investing in other things at times, and to maybe but some stuff with bitcoins.
This sounds stupid to me that you are using regular wallets to keep your bitcoin that you intended to use as investment purposes. You should know that everything that is connected to the internet is not safe, it can be stolen . If you are keeping your bitcoin in regular wallets and use them for daily payment then it is not investment at all |
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junder
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July 31, 2016, 05:38:00 AM |
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I choose both, I believe bitcoin in 10 years later the price is a lot high
also gold is better to save it to backed your an investment.
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freedomgo
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Activity: 3080
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July 31, 2016, 07:35:25 AM |
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Because gold is legitimate and central banks are buying gold, while bitcoin in the other hand is not that yet stable but a very promising investment. If you are a risk taker and wants some big rewards, then you should focus your investment with bitcoins and wait for a little longer as we can see a good price. |
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ASHLIUSZ
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July 31, 2016, 11:06:44 AM |
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Because gold is legitimate and central banks are buying gold, while bitcoin in the other hand is not that yet stable but a very promising investment. If you are a risk taker and wants some big rewards, then you should focus your investment with bitcoins and wait for a little longer as we can see a good price. Gold has been mined for thousands of years, and will continue to be mined for thousands of more, so its level of scarcity is relative. The point is gold mining for wealth may never end. Mass Bitcoin mining definitely has a shelf life. |
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Unikol
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August 03, 2016, 08:35:00 AM |
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Because gold is legitimate and central banks are buying gold, while bitcoin in the other hand is not that yet stable but a very promising investment. If you are a risk taker and wants some big rewards, then you should focus your investment with bitcoins and wait for a little longer as we can see a good price. Gold has been mined for thousands of years, and will continue to be mined for thousands of more, so its level of scarcity is relative. The point is gold mining for wealth may never end. Mass Bitcoin mining definitely has a shelf life. That is right. There is unlimited supply of the gold. But the supply of the bitcoin is limited to 21 million. |
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dmarine
Member
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Activity: 70
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August 03, 2016, 08:37:48 AM |
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Bitcoin, easier to trade and store, besides providing security.
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safari88
Legendary
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Activity: 1960
Merit: 1026
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August 03, 2016, 09:01:22 AM |
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Because gold is legitimate and central banks are buying gold, while bitcoin in the other hand is not that yet stable but a very promising investment. If you are a risk taker and wants some big rewards, then you should focus your investment with bitcoins and wait for a little longer as we can see a good price. Gold has been mined for thousands of years, and will continue to be mined for thousands of more, so its level of scarcity is relative. The point is gold mining for wealth may never end. Mass Bitcoin mining definitely has a shelf life. gold is very good for the long term and do not doubt, while bitcoin is very good for the short term, because the future is uncertain and anything can happen. but I still choose bitcoin to take advantage of short-term. |
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Fatanut
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Activity: 1008
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August 03, 2016, 12:29:07 PM |
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Bitcoin, easier to trade and store, besides providing security.
Only if your computer isn't full of virus/trojans/worms. You can't actually say that your PC is secure. There might be a key logger on your computer and don't even know it. I believe the cyberworld is full of scammers and hackers, anytime you can become a victim by one of them. I think in terms of security, gold is better. Your PC is just so exposed to the Internet and there are tons of exceptional hackers out there just watching us. |
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Vaccomundus
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Merit: 10
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August 03, 2016, 12:33:23 PM |
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Bitcoin, easier to trade and store, besides providing security.
yeah agree more simply to deal with, no id no licence, better than gold |
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kevpantof
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August 03, 2016, 12:35:42 PM |
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Bitcoin, easier to trade and store, besides providing security.
yeah agree more simply to deal with, no id no licence, better than gold yeap ... easier to trade .. low transaction time... much easier and faster.. bitcoin is better than gold somehow  |
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deisik
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August 03, 2016, 01:32:59 PM
Last edit: August 03, 2016, 08:33:22 PM by deisik |
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Bitcoin, easier to trade and store, besides providing security.
Only if your computer isn't full of virus/trojans/worms. You can't actually say that your PC is secure. There might be a key logger on your computer and don't even know it. I believe the cyberworld is full of scammers and hackers, anytime you can become a victim by one of them. I think in terms of security, gold is better. Your PC is just so exposed to the Internet and there are tons of exceptional hackers out there just watching us. The world is also full of thieves and robbers. And don't forget about government as well which may also want to set their greedy eyes on your gold that you have providently buried in the backyard of your home... Maybe, your neighbor is spying on you this very moment |
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Dudeperfect
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August 03, 2016, 04:30:48 PM |
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Honestly speaking, I would invest in both. Although I like bitcoin as a technology I will take balanced decision when it will come to investments. Initially I will keep my all investments in fiat currency (because it’s most stable as compared with both of them) and I will invest initially in bitcoin and then in gold. I won’t make any fixed investments for ten years but I will keep it liquid and my first preference would be for bitcoin and then gold.
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Farma
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Leading Crypto Sports Betting & Casino Platform
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August 03, 2016, 07:00:29 PM |
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Honestly speaking, I would invest in both. Although I like bitcoin as a technology I will take balanced decision when it will come to investments. Initially I will keep my all investments in fiat currency (because it’s most stable as compared with both of them) and I will invest initially in bitcoin and then in gold. I won’t make any fixed investments for ten years but I will keep it liquid and my first preference would be for bitcoin and then gold.
in fact if we are talking about an investment, gold may still have an edge here, because at any time until the gold will still be rewarded with a very high, while the price is still unstable bitcoin. but if we talk about development, I think bitcoin faster in developed and multiply than gold. Well, you can generate bitcoin in a short time, but not with gold |
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chachaa
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August 03, 2016, 07:18:04 PM |
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Honestly speaking, I would invest in both. Although I like bitcoin as a technology I will take balanced decision when it will come to investments. Initially I will keep my all investments in fiat currency (because it’s most stable as compared with both of them) and I will invest initially in bitcoin and then in gold. I won’t make any fixed investments for ten years but I will keep it liquid and my first preference would be for bitcoin and then gold.
in fact if we are talking about an investment, gold may still have an edge here, because at any time until the gold will still be rewarded with a very high, while the price is still unstable bitcoin. but if we talk about development, I think bitcoin faster in developed and multiply than gold. Well, you can generate bitcoin in a short time, but not with gold To insure against many risks at least half of the loss, it is best to invest in Bitcoin and gold. Although it bitcoin trading, while gold is an investment |
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babyjesusftw1
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August 03, 2016, 07:41:21 PM |
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Gold will always appear to be the safest to me, as it has been a valuable commodity since the beginning of civilization. Bitcoin has only been around for a few years. It still has a lot to prove in my opinion
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pearnapple
Sr. Member
Offline
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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August 03, 2016, 09:02:47 PM |
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Honestly speaking, I would invest in both. Although I like bitcoin as a technology I will take balanced decision when it will come to investments. Initially I will keep my all investments in fiat currency (because it’s most stable as compared with both of them) and I will invest initially in bitcoin and then in gold. I won’t make any fixed investments for ten years but I will keep it liquid and my first preference would be for bitcoin and then gold.
in fact if we are talking about an investment, gold may still have an edge here, because at any time until the gold will still be rewarded with a very high, while the price is still unstable bitcoin. but if we talk about development, I think bitcoin faster in developed and multiply than gold. Well, you can generate bitcoin in a short time, but not with gold To insure against many risks at least half of the loss, it is best to invest in Bitcoin and gold. Although it bitcoin trading, while gold is an investment i think investing into hold is just worthless, bitcoin is going to grow to the sky so i just put everything into bitcoins in order not to miss a chance to make big money |
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phieiph
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August 03, 2016, 09:24:58 PM |
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Honestly speaking, I would invest in both. Although I like bitcoin as a technology I will take balanced decision when it will come to investments. Initially I will keep my all investments in fiat currency (because it’s most stable as compared with both of them) and I will invest initially in bitcoin and then in gold. I won’t make any fixed investments for ten years but I will keep it liquid and my first preference would be for bitcoin and then gold.
in fact if we are talking about an investment, gold may still have an edge here, because at any time until the gold will still be rewarded with a very high, while the price is still unstable bitcoin. but if we talk about development, I think bitcoin faster in developed and multiply than gold. Well, you can generate bitcoin in a short time, but not with gold To insure against many risks at least half of the loss, it is best to invest in Bitcoin and gold. Although it bitcoin trading, while gold is an investment i think investing into hold is just worthless, bitcoin is going to grow to the sky so i just put everything into bitcoins in order not to miss a chance to make big money Despite the great excitement and a lot of criticism and a poor prognosis, many people will buy and will soon get a good reward for their courage which is now manifest. |
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virtualkeybuyer
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August 03, 2016, 10:30:51 PM |
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Bitcoin, easier to trade and store, besides providing security.
Only if your computer isn't full of virus/trojans/worms. You can't actually say that your PC is secure. There might be a key logger on your computer and don't even know it. I believe the cyberworld is full of scammers and hackers, anytime you can become a victim by one of them. I think in terms of security, gold is better. Your PC is just so exposed to the Internet and there are tons of exceptional hackers out there just watching us. The world is also full of thieves and robbers. And don't forget about government as well which may also want to set their greedy eyes on your gold that you have providently buried in the backyard of your home... Maybe, your neighbor is spying on you this very moment As you mentioned there are a lot of problems and inconvenience and insecurity while storing our money in gold, as gold has some volume while there is no any issue with bitcoin like that, bitcoin is a virtual currency and these are locked in your wallet and no one have access to your bitcoins but only your mind have access to them. |
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