Bitcoin or gold?

[Betwrong]

IMO gold is going down in value and Bitcoin is going up. And this is not just my words, take a look at this chart below about gold prices:

https://www.bullionvault.com/gold-price-chart.do

But I understand that for most people it's hard to comprehend the fact that a digital currency beats gold in terms of investing.

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[oceanriver]

IMO gold is going down in value and Bitcoin is going up. And this is not just my words, take a look at this chart below about gold prices:

https://www.bullionvault.com/gold-price-chart.do

But I understand that for most people it's hard to comprehend the fact that a digital currency beats gold in terms of investing.

yeah, gold is a really bad investment compared with bitcoins, bitcoins are the best and it will be around for a while and grow a lot

[deisik]

IMO gold is going down in value and Bitcoin is going up. And this is not just my words, take a look at this chart below about gold prices:

https://www.bullionvault.com/gold-price-chart.do

But I understand that for most people it's hard to comprehend the fact that a digital currency beats gold in terms of investing.

yeah, gold is a really bad investment compared with bitcoins, bitcoins are the best and it will be around for a while and grow a lot

Yeah, we already know that "Bitcoin is here for quick profits which are never possible with gold". The less you know, the more you think you know, because you don't know how much you don't know

[starmman]

IMO gold is going down in value and Bitcoin is going up. And this is not just my words, take a look at this chart below about gold prices:

https://www.bullionvault.com/gold-price-chart.do

But I understand that for most people it's hard to comprehend the fact that a digital currency beats gold in terms of investing.

I'll invest in some gold the next time that it crashes in value - to me its not such a risky investment as BTC so I think its good to hold a small amount as part of a contingency fund. Gold vale is high when other funds are low.

[BitHodler]

IMO gold is going down in value and Bitcoin is going up. And this is not just my words, take a look at this chart below about gold prices:

https://www.bullionvault.com/gold-price-chart.do

But I understand that for most people it's hard to comprehend the fact that a digital currency beats gold in terms of investing.

I'll invest in some gold the next time that it crashes in value - to me its not such a risky investment as BTC so I think its good to hold a small amount as part of a contingency fund. Gold vale is high when other funds are low.

Investing in a piece of paper saying you own a certain amount of gold, or are you talking about actually buying physical gold?

If you are talking about the latter, do you pay the market rate or a heavy premium over the market rate?

Here where I live I have to pay at least a premium of 10% over the current market rate which I find too much. That's why I haven't been jumping into gold.

[Ryan Dugan]

I rather say bitcoin. Why you here if you dont choose bitcoin When the hack happened it would have been better to have gold xD
Bitcoin is the new age currency it will take over. So this is just how it is. The idea will always be currency, it just has changed from now on. Remember paper money made little sense to someone in the old days. Now paper everyone can know even a kid.

[aminorex]

Gold And Gemstones Pile Up in Singapore Vault on Quest for Haven
Tuesday, August 23, 2016 04:41 AM
By Ranjeetha Pakiam

Precious metals, stones hoarded on negative rates, uncertainty
Investors seeking ‘tangible assets’ to diversify portfolio
(Bloomberg) --
The stash of gold, silver and gems stored in the vaults and safe deposit boxes of Malca-Amit in Singapore has jumped almost 90 percent in the past year as wealthy investors seek a refuge in a world of negative interest rates, stagnating economies and political uncertainty.

The company’s facilities in the city-state are about 70 percent full and more than 90 percent of the hoard comprises precious metals, according to Ariel Kohelet, managing director of Malca-Amit Singapore Pte, a logistics and storage provider, without giving specific figures. Revenue has grown at least 45 percent in 2016 from a year earlier, he said in an interview last week.


Gold has rallied 26 percent this year and silver’s up 37 percent as negative interest rates, the U.K. vote to leave the European Union and the U.S. presidential race spur investors to protect their wealth. Billionaire bond-fund manager Bill Gross has said there’s little choice but gold and real estate given current bond yields, while hedge fund manager Eric Mindich almost tripled his options bet on a bullion-backed exchange-traded fund in the second quarter.

“We’re seeing a trend where high net-worth individuals are looking to diversify their portfolio into tangible assets like precious metals, precious stones,” said 41-year-old Kohelet, who’s been with the company for 12 years. “This is mostly to preserve and protect their wealth. They’re looking into places like Hong Kong and Singapore as places they deem to be safe.”

Money Printing

A raft of investors have underscored the attraction of gold in a world where central banks are trying to revive growth by buying bonds and keeping their economies flush with cash. While billionaire George Soros cut his holding in Barrick Gold Corp. in the second quarter, he bought shares in the SPDR Gold Trust. Paul Singer, David Einhorn and Stan Druckenmiller have all expounded reasons this year for owning gold.

Assets in exchange-traded funds have climbed. The amount in gold-backed ETFs has soared almost 40 percent this year and is near the largest in three years, data compiled by Bloomberg show. Holdings in silver-backed funds have climbed almost 10 percent to a record.

Some are not sure prices will keep rising, seeing more increases in U.S. borrowing costs, which will lift the dollar and tarnish a metal that pays no interest. The probability of three rate hikes through end-2017 means there’s little room for rallies, according to Luc Luyet, a currencies strategist at Pictet Wealth Management. While Goldman Sachs Group Inc. likes gold as a strategic hedge, its base case is $1,300 an ounce, less than the $1,340 traded Tuesday.

Cultural Allure

In Asia, where more than half the world’s bullion is consumed, people have always invested in gold, according to Kohelet. “If you take China and India, it’s part of the culture and tradition to put some aside,” he said.

Malca-Amit has 1,000 square feet of space at the Singapore FreePort, a free trade zone, capable of storing 700 metric tons, while another warehouse at Changi airport’s airfreight center has a capacity of 200 tons, Kohelet said. In May, the company started a safe depository service called UltraVault and opened new facilities located in the central business district, he said.

To contact the reporter on this story:
Ranjeetha Pakiam in Singapore

[ajun96]

iam choose both, gold is longterm investment because value posistion gold is equal dollar
in fast growth money iam choose bitcoin

bitcoin is a long term investment either and it can make you some really good money in my opinion

agree with you, bitcoin is long term investment, maybe after 10years we will know the real rate of bitcoin, im sure in future the price of bitcoin can be $1000 again
so better we keep our bitcoin at bitcoin paper wallet for future reference.

for long-term gold may be safer, because it is definitely. while bitcoin has an uncertain future.
so all this is just the confidence and trust someone to bitcoin. so I think bitcoin grow better than you buy many bitcoin for the future.
but the long-term investment in bitcoin could also be more profitable when the price was rising very high. so do both quite well.

For me, it depends on the amount of money you have right now, if you have a decent amount of money you choose gold because that is too expensive investment but it guarantees you profit as back by the history of profitability but if you only have a little amount and you are a risk taker bitcoin is good for you.

thats true. I think it also depends on your state of mind. if you dare to take risks despite your capital is hude you could choose bitcoin? or split into two? it is okay. make sure you have a solid plan in it. and for those who have little capital is certainly better choose bitcoin. because if you have the gold. you need a long time for a big profit

[Antoshka]

Gold is the most important currency that moves the entire financial system of the world. Therefore, storage of money possible in gold, and you can earn on bitcoin. Investing or trading.

[Doamader]

The fact that gold is very taxed and controled by each county is currently limiting the potencial it could have without those countries playing. Bitcoin for other side has huge potencial and it can double its value after some years, this year happened, at 2020 should happen once again , soo i doubt gold can make such thing.

[relq]

If you want an investment for long term and safe, i think gold is the answer, because i think invest in bitcoin for long term is a bit risky and bitcoin's price always changed.

[blackmachinegun]

iam choose both, gold is longterm investment because value posistion gold is equal dollar
in fast growth money iam choose bitcoin

bitcoin is a long term investment either and it can make you some really good money in my opinion

agree with you, bitcoin is long term investment, maybe after 10years we will know the real rate of bitcoin, im sure in future the price of bitcoin can be $1000 again
so better we keep our bitcoin at bitcoin paper wallet for future reference.

for long-term gold may be safer, because it is definitely. while bitcoin has an uncertain future.
so all this is just the confidence and trust someone to bitcoin. so I think bitcoin grow better than you buy many bitcoin for the future.
but the long-term investment in bitcoin could also be more profitable when the price was rising very high. so do both quite well.

For me, it depends on the amount of money you have right now, if you have a decent amount of money you choose gold because that is too expensive investment but it guarantees you profit as back by the history of profitability but if you only have a little amount and you are a risk taker bitcoin is good for you.

yeah it depends on your financial condition at the moment and your courage to use or wear that risk. true what you say. I think if you just have a slightly better capital you invest in bitcoin. because you're more likely to get a big profit despite small capital

[mirakal]

iam choose both, gold is longterm investment because value posistion gold is equal dollar
in fast growth money iam choose bitcoin

bitcoin is a long term investment either and it can make you some really good money in my opinion

agree with you, bitcoin is long term investment, maybe after 10years we will know the real rate of bitcoin, im sure in future the price of bitcoin can be $1000 again
so better we keep our bitcoin at bitcoin paper wallet for future reference.

for long-term gold may be safer, because it is definitely. while bitcoin has an uncertain future.
so all this is just the confidence and trust someone to bitcoin. so I think bitcoin grow better than you buy many bitcoin for the future.
but the long-term investment in bitcoin could also be more profitable when the price was rising very high. so do both quite well.

For me, it depends on the amount of money you have right now, if you have a decent amount of money you choose gold because that is too expensive investment but it guarantees you profit as back by the history of profitability but if you only have a little amount and you are a risk taker bitcoin is good for you.

yeah it depends on your financial condition at the moment and your courage to use or wear that risk. true what you say. I think if you just have a slightly better capital you invest in bitcoin. because you're more likely to get a big profit despite small capital

Well, that would be possible to earn good profit despite of the small capital but you need to wait for a long period of time. Bitcoin is the most stable coin now in the crypto currency and since it has a good volume the price will not skyrocket that easy unless something insane happen with the demand of supply.

[A.L.I.V.E]

i will choose gold, it's shine, can make my girlfriend love me.

[Watson5842]

I'll choose gold. It's a physical currency that have been used since the beginning of time. And it has demonstrated reliability. I'm sure that gold is never lose its value as a precious metal with different practical applications. That we can't say about Bitcoin. It's very useful, but decentralized and unregulated. So, for me it's a clear choice.

[dinda22]

iam choose both, gold is longterm investment because value posistion gold is equal dollar
in fast growth money iam choose bitcoin

bitcoin is a long term investment either and it can make you some really good money in my opinion

agree with you, bitcoin is long term investment, maybe after 10years we will know the real rate of bitcoin, im sure in future the price of bitcoin can be $1000 again
so better we keep our bitcoin at bitcoin paper wallet for future reference.

for long-term gold may be safer, because it is definitely. while bitcoin has an uncertain future.
so all this is just the confidence and trust someone to bitcoin. so I think bitcoin grow better than you buy many bitcoin for the future.
but the long-term investment in bitcoin could also be more profitable when the price was rising very high. so do both quite well.

For me, it depends on the amount of money you have right now, if you have a decent amount of money you choose gold because that is too expensive investment but it guarantees you profit as back by the history of profitability but if you only have a little amount and you are a risk taker bitcoin is good for you.

Yeah, you're right. maybe if I had more money I would rather put on gold. because I think gold is more secure than bitcoin. I say this because the future bitcoin is still difficult to predict. so that the risk really put a lot of money. so if on bitcoin is better to take advantage short-term of trading.

[mishra1994u]

I'll choose gold. It's a physical currency that have been used since the beginning of time. And it has demonstrated reliability. I'm sure that gold is never lose its value as a precious metal with different practical applications. That we can't say about Bitcoin. It's very useful, but decentralized and unregulated. So, for me it's a clear choice.

You have your point but still i am gonna go with bitcoin and not gold because i believe gold is only for the richer people who already earning good money and we need some good amount to own some gold weather in bitcoin can be divided into very small unit and we can easily own some portion of the bitcoin or even earn then without spending money.

[tesco]

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.

Gold have using value added . that mean for long time will more safe than bitcoin. However, in short-time bitcoin value almost like gold. then people with less money can keep bitcoin for 5 or 10 years

[goldcoinminer]

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.

Gold have using value added . that mean for long time will more safe than bitcoin. However, in short-time bitcoin value almost like gold. then people with less money can keep bitcoin for 5 or 10 years

With a little amount of investment we have a great chance to earn more profit investing rather than in gold, we choose our investment base on what we have and speaking of little investment that would be good for gold if you want a decent profit, we have to gamble with the future of bitcoin.

[CrimBit]

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.

Gold have using value added . that mean for long time will more safe than bitcoin. However, in short-time bitcoin value almost like gold. then people with less money can keep bitcoin for 5 or 10 years

earning bitcoin is more easy and less cost than gold, also the simple bitcoin is more  save to hide it than gold, so for this reason, people will interesting to invest at bitcoin.