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Author Topic: Bitcoin or gold?  (Read 984412 times)
betohell
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August 08, 2016, 12:11:15 AM
 #4721

of course I would have gold. I do not quite understand about investing in gold so I would prefer to invest in my field or that I understand it. I understand about bitcoin so I prefer invest in bitcoin than gold

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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August 08, 2016, 02:34:36 AM
 #4722

of course I would have gold. I do not quite understand about investing in gold so I would prefer to invest in my field or that I understand it. I understand about bitcoin so I prefer invest in bitcoin than gold

Me either I don't understand how the market of gold flows but there is sure thing I do know with gold. It's price is just keep on pumping and there is no time for gold to dump. But I'm into bitcoin that's why i'm just going to choose bitcoin instead of it. And I'm enjoying the market of bitcoin and as well its ecosystem.
I like gold but I cannot have them for the simple reason, money. If you will invest gold you need to consider a lot of things and that is for me is very complicated while with bitcoins you just have to exchange your fiat and ready to hold it for a longer period of time only.

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Schuyler
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August 08, 2016, 02:40:05 AM
 #4723

of course I would have gold. I do not quite understand about investing in gold so I would prefer to invest in my field or that I understand it. I understand about bitcoin so I prefer invest in bitcoin than gold

Me either I don't understand how the market of gold flows but there is sure thing I do know with gold. It's price is just keep on pumping and there is no time for gold to dump. But I'm into bitcoin that's why i'm just going to choose bitcoin instead of it. And I'm enjoying the market of bitcoin and as well its ecosystem.
If you want to invest in gold, you could try learning how to trade or acquire it. We always think that gold can only be bought by the rich persons but there are small gold pieces that can be had for a fraction of what a gold bar costs. It still attracts a big market, compared to bitcoin, because of its proven stability over time and the value that each ounce possesses.
BTC Loading
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August 08, 2016, 02:50:47 AM
 #4724

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.

If i had to convert all my wealth to either Bitcoin or gold it would be Bitcoin because it causes less worries

because it is not a physical currency (reduce load and 247 security)
only me can fully have access to it ( 99 percent free from thefts)
my privacy is 98% secured
no seize of funds by financial institution
elyas772
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August 08, 2016, 02:53:04 AM
 #4725

But if you are really serious into gold, you may want to buy a vault (safe room) that will fit naturally into your basement, lol



Your own personal vault

i think save your gold at bank is more safety and more less cost, example if a thief wants your gold, then he put a gun in your head, asking password / code of the vault are you not going to answer?  Roll Eyes

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ASHLIUSZ
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August 08, 2016, 06:49:06 AM
 #4726

Gold be bad comparison as its not traded for goods/services etc. The fiat volume would be better indicator. Thus setting aside same percentage as gold/cash ration to represent hoarding storage in bitcoin is a good start.
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August 08, 2016, 07:37:18 AM
Last edit: August 08, 2016, 02:05:46 PM by deisik
 #4727

i think save your gold at bank is more safety and more less cost, example if a thief wants your gold, then he put a gun in your head, asking password / code of the vault are you not going to answer?  Roll Eyes

I'm 99% sure that die-hard gold bugs won't say anything and would rather die fighting back for their gold (that's why they are die-hards). In short, my house is my castle, my property is my property, what's mine is mine...

Besides, safe rooms are often used as personal shelters (e.g. in case of hurricanes), not necessarily for storing gold




csnorthchina
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August 08, 2016, 07:45:12 AM
 #4728

I think Gold would be better as Gold is worldwide, but BTC is not that well-known than Gold...
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August 08, 2016, 07:51:57 AM
Last edit: August 08, 2016, 09:40:31 AM by deisik
 #4729

Insane, security has no walls, but why i would such block to protect my bitcoins or gold? Those would atract thieves into my house as always someone talk about those. Anyway even being possible to buy a portion of the gold as bitcoin i wouldnt never invest into gold, bitcoin for me is most safe and there is almost no risk to store it without need to buy an extra house or room.

Security through obscurity doesn't work if you buy tonnes (well, dozens of kilos) of gold, so you have to buy something reliable to lock your gold in. Saving gold in a bank vault is an option unless you expect it to be confiscated one day (or just get stolen by the bank itself, lol)...

Not that they wouldn't be able to confiscate it from your home, but you would still have a chance to save at least some part of your gold

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August 08, 2016, 07:55:39 AM
 #4730

I think Gold would be better as Gold is worldwide, but BTC is not that well-known than Gold...
How could be the bitcoin will be more well known that the gold when gold has existed a long time ago and it is already part of the history. Bitcoin is just a new platform which caters online transaction and still it is not that safe and very risky in terms of investment.

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August 08, 2016, 09:29:18 AM
 #4731

I think Gold would be better as Gold is worldwide, but BTC is not that well-known than Gold...


Gold is more popular as most of the people are still not aware about the bitcoin yet as its still very new to most of them and that is the reason they hesitate in investing in it.
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August 09, 2016, 12:26:50 PM
 #4732

I think Gold would be better as Gold is worldwide, but BTC is not that well-known than Gold...


Gold is more popular as most of the people are still not aware about the bitcoin yet as its still very new to most of them and that is the reason they hesitate in investing in it.

For the conservative investors it is better to invest majority into the gold. God is more stable than the bitcoin.
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August 09, 2016, 12:37:28 PM
 #4733

I think Gold would be better as Gold is worldwide, but BTC is not that well-known than Gold...


Gold is more popular as most of the people are still not aware about the bitcoin yet as its still very new to most of them and that is the reason they hesitate in investing in it.

For the conservative investors it is better to invest majority into the gold. God is more stable than the bitcoin.

Who says Gold is more stable? It also involves the risk of going bankrupt just as bitcoins, both are open to going boom or doom on the basis on interest of market. The only thing you have here is, Gold can be stored physically which is tangible, but Bitcoins are virtual, and that's an advantage actually, because it can't be stolen by someone unless you give the opportunity to someone to steal it from you, or the only bad thing is hack.
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August 09, 2016, 12:41:12 PM
 #4734

I think Gold would be better as Gold is worldwide, but BTC is not that well-known than Gold...


Gold is more popular as most of the people are still not aware about the bitcoin yet as its still very new to most of them and that is the reason they hesitate in investing in it.

For the conservative investors it is better to invest majority into the gold. God is more stable than the bitcoin.

Who says Gold is more stable? It also involves the risk of going bankrupt just as bitcoins, both are open to going boom or doom on the basis on interest of market. The only thing you have here is, Gold can be stored physically which is tangible, but Bitcoins are virtual, and that's an advantage actually, because it can't be stolen by someone unless you give the opportunity to someone to steal it from you, or the only bad thing is hack.

That's right, there is a less chance of bitcoin getting stolen unless you open doors for the hackers and scammers, bitcoin is good to make profits in quick time which is never possible with gold.
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August 09, 2016, 12:51:20 PM
 #4735

I think Gold would be better as Gold is worldwide, but BTC is not that well-known than Gold...
bitcoin is also going to be worldwide and gold has no better advantages than bitcoin right now, i think that bitcoin is going to grow a lot soon

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August 09, 2016, 02:02:41 PM
 #4736

I think Gold would be better as Gold is worldwide, but BTC is not that well-known than Gold...


Gold is more popular as most of the people are still not aware about the bitcoin yet as its still very new to most of them and that is the reason they hesitate in investing in it.

For the conservative investors it is better to invest majority into the gold. God is more stable than the bitcoin.

Who says Gold is more stable? It also involves the risk of going bankrupt just as bitcoins, both are open to going boom or doom on the basis on interest of market. The only thing you have here is, Gold can be stored physically which is tangible, but Bitcoins are virtual, and that's an advantage actually, because it can't be stolen by someone unless you give the opportunity to someone to steal it from you, or the only bad thing is hack.

That's right, there is a less chance of bitcoin getting stolen unless you open doors for the hackers and scammers, bitcoin is good to make profits in quick time which is never possible with gold

Stop posting (or pasting, lol) bullshit. Before talking about gold, you may really want to learn what gold trading is actually about and which profits (as well as losses) can be made (or suffered) with gold in how short a time span...

This is a notice to all clueless posters here repeating the same nonsense every page of this thread

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August 09, 2016, 02:07:32 PM
 #4737

Since I don't have much I'd say Bitcoin, I can afford to lose them (5k is not that much) & the potential is strong. Besides, gold is manipulated and we have to face a catastrophic disaster before we see it jumping through the roof.
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August 09, 2016, 02:20:24 PM
 #4738

Stop posting (or pasting, lol) bullshit. Before talking about gold, you may really want to learn what gold trading is actually about and which profits (as well as losses) can be made (or suffered) with gold in how short a time span...

This is a notice to all clueless posters here repeating the same nonsense every page of this thread

Frustrating isnt it  Roll Eyes Roll Eyes

page after page of people that dont have a clue posting the same baseless bullshit.
GamingBro
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August 09, 2016, 02:35:34 PM
 #4739

I am sure that many people here don't know nothing about gold and never even hold it in their hands, so bitcoin is the best choise for them and for me too Grin

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August 09, 2016, 02:37:05 PM
 #4740

Bitcoin can make a 30% gain a day, gold needs months to make 30% gains. Bitcoin can get you rich overnight and gold will never make you rich during your lifetime.
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