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Author Topic: Bitcoin or gold?  (Read 984414 times)
goldcoinminer
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September 07, 2016, 07:41:15 AM
 #5061

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 you invest long term I choose gold because it will make a very good lifetime investment . If more quickly we can want to invest in because bitcoin bitcoin is up and down the price so good monetize it . So similarly that the bitcoin and gold values ​​that have to be kept for our profit . So gold and bitcoin are the same good to invest for a long time.
Well, you need to prepare for the associated risk on minimizing it, first of you need to have a good amount of capital to gain a decent income and also as an investor you need to protect your asset (gold) from thieves so that alone entails big money. Gold is a guaranteed money but we need more money to invest with it.
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Altynbekova
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September 07, 2016, 07:48:03 AM
 #5062

for big amounts is it better generally to accept gold cause gold is stable but if you accept bitcoin in big amount and the next hour they crash hard then bye bye money so big amounts is gold and small amounts bitcoin cause if you lose small amounts is hurts less but you still have the potential to make alot of profit.
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September 07, 2016, 08:04:52 AM
 #5063

Bitcoin or gold that is a good question because we wont know what the bitcoin will do in the future so when we are ready to know what will happen you are to late to pick gold gold wont change allot many times safer.
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September 07, 2016, 08:07:57 AM
 #5064

for thsi decision I would choose bitcoin over gold cause bitcoin will make me rich in 10 years and gold will maybe give me 2% interest or even less not sure cause I didn't check but I know gold doesn't really increase in price and bitcoin has potential to go 10x in price even.
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September 07, 2016, 08:41:04 AM
 #5065

for thsi decision I would choose bitcoin over gold cause bitcoin will make me rich in 10 years and gold will maybe give me 2% interest or even less not sure cause I didn't check but I know gold doesn't really increase in price and bitcoin has potential to go 10x in price even.
Bitcoin is more better as an investment if you are a risk taker,  for small investor bitcoin is more recommended because what we are seeing now is that the market is growing and there is a big chance we can see future improvement that will make the price of bitcoin to rise to the moon and we should benefit on that.

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September 07, 2016, 11:55:12 AM
 #5066

I choose gold for a long term period of investment because i know that the value of gold will never falling back while i choose bitcoin for short term investment and to make trading but both have advantages.
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September 07, 2016, 12:00:05 PM
 #5067

I think which is better depends on the area that you're living in. If Gold is quite easy to buy in your place and you have the skills to sell it with a slightly higher price to people, then Gold would be better. This way, you're not just holding your gold until it gets a higher price, you're also making profits in the meantime.

On the other hand, having no people skills at all is not a very bad thing. You can buy and sell Bitcoins as well, play with the price fluctuations. So, just like how you can do it in Gold, while you are waiting for the price increase, you are also making small profits in the process.

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September 07, 2016, 12:03:35 PM
 #5068

I choose gold for a long term period of investment because i know that the value of gold will never falling back while i choose bitcoin for short term investment and to make trading but both have advantages.

Price of gold may also fall in future but gold is safer in compare to bitcoins, as even if price goes down we are sure that gold will never disappear in future, so I will prefer to invest more in gold and very less in bitcoins.
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September 07, 2016, 02:12:07 PM
 #5069

I choose gold for a long term period of investment because i know that the value of gold will never falling back while i choose bitcoin for short term investment and to make trading but both have advantages.

Price of gold may also fall in future but gold is safer in compare to bitcoins, as even if price goes down we are sure that gold will never disappear in future, so I will prefer to invest more in gold and very less in bitcoins.

Definitely, gold is much safer to invest than bitcoins.  We knew that gold had been existing for a very long time.  Its market value is proven to give you sure profit even if its price is unstable.  We never know how long digital currencies would be in effect.
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September 07, 2016, 02:31:21 PM
 #5070

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.

for me gold. bitcoin still depending on fiat currency, but gold not. In history of mankind, gold still favorite to be medium of exchange, jewelry or any that precious
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September 07, 2016, 02:50:18 PM
 #5071

If i had to choose between these two for the rest of my life i would say pick the gold because gold will always have the same amount of price and bitcoins i cant predict that so i would choose the gold always.
Rahar02
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September 07, 2016, 03:29:05 PM
 #5072

I choose gold for a long term period of investment because i know that the value of gold will never falling back while i choose bitcoin for short term investment and to make trading but both have advantages.
Everyone looking for something safe as investment but not all options has it. Gold as investment more safe than bitcoin for sure, but we have faith in bitcoin that the price will always increase next year, so I agree we could choose both of them as investment just in case if something going wrong with bitcoin, we still have backup plan.
JumperX
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September 07, 2016, 03:47:56 PM
 #5073

I choose gold for a long term period of investment because i know that the value of gold will never falling back while i choose bitcoin for short term investment and to make trading but both have advantages.
Everyone looking for something safe as investment but not all options has it. Gold as investment more safe than bitcoin for sure, but we have faith in bitcoin that the price will always increase next year, so I agree we could choose both of them as investment just in case if something going wrong with bitcoin, we still have backup plan.

Gold is historical form of investment and now no one can afford to wait for a long time to make some profits if they are able to make it from bitcoins in short span of time.
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September 07, 2016, 10:52:26 PM
 #5074

Gold proves to be a more steady value, tho it fluxuates quite abit compared to things that existed before btc.

if you are plannign to make a long term investment id say gold is lower risk but bit coin is better for day to day trading because it has movement

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ajun96
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September 08, 2016, 06:44:29 AM
 #5075

I believe that most of the users will choose Bitcoin, for the many of the reasons explained earlier and it is something to be expected, to be honest, especially in a community focused on cryptocurrencies.
Lol of course all users will naturally choose bitcoin bitcoin. and you'll find a different answer when you asked me to investors of gold or gold user? I think it needs to memelih neutral respondents between bitcoin and gold. what they think?

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September 08, 2016, 03:40:12 PM
 #5076

for thsi decision I would choose bitcoin over gold cause bitcoin will make me rich in 10 years and gold will maybe give me 2% interest or even less not sure cause I didn't check but I know gold doesn't really increase in price and bitcoin has potential to go 10x in price even.
Bitcoin is more better as an investment if you are a risk taker,  for small investor bitcoin is more recommended because what we are seeing now is that the market is growing and there is a big chance we can see future improvement that will make the price of bitcoin to rise to the moon and we should benefit on that.
of course bitcoins are the best investment option right now in my opinion and gold is definitely not that good and strong in my opinion

 
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Doamader
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September 08, 2016, 04:17:49 PM
 #5077

Gold proves to be a more steady value, tho it fluxuates quite abit compared to things that existed before btc.

if you are plannign to make a long term investment id say gold is lower risk but bit coin is better for day to day trading because it has movement
Gold might be the lower risked investement, as the reward should be, for other side invest into bitcoin now, today will for sure be the best investment even knowing bitcoin mooves fast up or down. I do believe bitcoin potencial and its about to double the value on the next 4 years, soo i would risk my money into bitcoin.
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September 08, 2016, 04:44:22 PM
Last edit: September 08, 2016, 05:11:14 PM by ardenyham
 #5078

for thsi decision I would choose bitcoin over gold cause bitcoin will make me rich in 10 years and gold will maybe give me 2% interest or even less not sure cause I didn't check but I know gold doesn't really increase in price and bitcoin has potential to go 10x in price even.
what do you know about future of bitcoin? what is the reason of your that much surety? If you like bitcoin more than gold it is really a good thing. I like it too. (and bitcoin really need more likers and supporters) but the thing you are saying is completely not worth.. anything possw here. gold may give you 2% interest. but bitcoin also can give you nothinh. or may be it cause you loose..
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September 08, 2016, 04:50:40 PM
 #5079

Gold proves to be a more steady value, tho it fluxuates quite abit compared to things that existed before btc.

if you are plannign to make a long term investment id say gold is lower risk but bit coin is better for day to day trading because it has movement
Gold might be the lower risked investement, as the reward should be, for other side invest into bitcoin now, today will for sure be the best investment even knowing bitcoin mooves fast up or down. I do believe bitcoin potencial and its about to double the value on the next 4 years, soo i would risk my money into bitcoin.
We are not sure that the price of bitcoin will be double after 4 years. because the price of bitcoin still not hit 1k value as of now unlike 2013 that they experience 1k value.. so i think the possible price of bitcoin can only be 1k level..

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September 08, 2016, 04:53:04 PM
 #5080

Gold proves to be a more steady value, tho it fluxuates quite abit compared to things that existed before btc.

if you are plannign to make a long term investment id say gold is lower risk but bit coin is better for day to day trading because it has movement
Gold might be the lower risked investement, as the reward should be, for other side invest into bitcoin now, today will for sure be the best investment even knowing bitcoin mooves fast up or down. I do believe bitcoin potencial and its about to double the value on the next 4 years, soo i would risk my money into bitcoin.
We are not sure that the price of bitcoin will be double after 4 years. because the price of bitcoin still not hit 1k value as of now unlike 2013 that they experience 1k value.. so i think the possible price of bitcoin can only be 1k level..
What does that even mean ? You know how you sound like ? If x is bigger than y and y is bigger than z then z is y and y is x and x is smaller but since y is z ,z is y.Seriously,there is a limit to what you can shit post.

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