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Author Topic: Bitcoin or gold?  (Read 984414 times)
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September 24, 2016, 03:44:43 AM
 #5281

Thats really not true, the standard issue of the British currency is a plain sovereign coin which is way less then half an ounce of gold.    Its been that way for hundreds of years going back to Issac Newton who set it as much so that any common folk could use a solid currency if they so wish.  
People only have themselves to blame if they settle for holding the plain government politically compromised fiat paper promises instead of actual value based savings.   Even USA scrapped their law banning ownership, its just most people are too dull to realise how much they are losing or even worse they have absolutely zero cash available to save beyond their next pay cheque.   Most people in the population have just copied politics and gone into continually debt because hey its easier and if it turns out bad then its somebody elses problem, its a collective decision for major western countries to deliberately expunge capital and just endlessly spend

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September 24, 2016, 03:54:55 AM
 #5282

Many people pick both bitcoin and gold, and me too. Both are good and why not pick both if you can pick both. Using bitcoin for investment and currency, for gold, using gold for long term investment, good combination right.
Both are really good, but let us be realistic here, majority of us here does not have the capacity to invest in gold because we are not born rich and that's why we are here because we are hoping that bitcoin can give us fortune, so in short we are only capable on investing with bitcoin.

You are right,  majority of us  doesnt have the capability to invest into  gold since as we all know that  gold is expensive and we  couldnt afford  to buy  huge or bulks amounts of it. In fact in bitcoin we could able to buy small amounts. Regarding in  price increase they both increase its price but in bitcoin does  have an edge since  price movements is seen almost everytime unlike on gold which  its value moves a little  in a period of time.
The expenses in investing gold does not end in the buying transaction, you also need to safeguard your asset and maybe you will buy a safe vault to safe keep your gold and that entails a lot of money as that is prone to robbery if someone detect you have a valuable asset on you.

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carlfebz2
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September 24, 2016, 04:41:52 AM
 #5283

Many people pick both bitcoin and gold, and me too. Both are good and why not pick both if you can pick both. Using bitcoin for investment and currency, for gold, using gold for long term investment, good combination right.
Both are really good, but let us be realistic here, majority of us here does not have the capacity to invest in gold because we are not born rich and that's why we are here because we are hoping that bitcoin can give us fortune, so in short we are only capable on investing with bitcoin.

You are right,  majority of us  doesnt have the capability to invest into  gold since as we all know that  gold is expensive and we  couldnt afford  to buy  huge or bulks amounts of it. In fact in bitcoin we could able to buy small amounts. Regarding in  price increase they both increase its price but in bitcoin does  have an edge since  price movements is seen almost everytime unlike on gold which  its value moves a little  in a period of time.
The expenses in investing gold does not end in the buying transaction, you also need to safeguard your asset and maybe you will buy a safe vault to safe keep your gold and that entails a lot of money as that is prone to robbery if someone detect you have a valuable asset on you.

Security on your gold  holdings  would must be consider also because as you said it is prone to robbery because  gold is  precious  for most people  and  they like  to  get it no matter what. You would  up some expenses  with this matter not only  on buying gold itself but also its security same as you said. Its much better to buy bitcoin if we dont have enough  money to spent  on  gold .
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September 24, 2016, 05:02:21 AM
 #5284

Many people pick both bitcoin and gold, and me too. Both are good and why not pick both if you can pick both. Using bitcoin for investment and currency, for gold, using gold for long term investment, good combination right.

Agree, bitcoin and gold is a good combination to invest in the a longterm and in the a shorterm
but problem is we need a lot of money to do that.

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September 24, 2016, 05:37:48 AM
 #5285

Many people pick both bitcoin and gold, and me too. Both are good and why not pick both if you can pick both. Using bitcoin for investment and currency, for gold, using gold for long term investment, good combination right.

Agree, bitcoin and gold is a good combination to invest in the a longterm and in the a shorterm
but problem is we need a lot of money to do that.

With gold it is really going to have big money in able to start out investments with gold. But with bitcoin this is the good characteristic of bitcoin that even though you aren't going to have good amount of money and you want to invest. As long as you are going to buy some portions of bitcoin then you are going to ready with its investment like trading.
This two is both good for long term investment but in bitcoin you can easily boost the income by doing trading and that is can not be able to do in Gold, that is why more users much prefer to invest in bitcoin than Gold
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September 24, 2016, 06:23:04 AM
 #5286

Many people pick both bitcoin and gold, and me too. Both are good and why not pick both if you can pick both. Using bitcoin for investment and currency, for gold, using gold for long term investment, good combination right.

Agree, bitcoin and gold is a good combination to invest in the a longterm and in the a shorterm
but problem is we need a lot of money to do that.

With gold it is really going to have big money in able to start out investments with gold. But with bitcoin this is the good characteristic of bitcoin that even though you aren't going to have good amount of money and you want to invest. As long as you are going to buy some portions of bitcoin then you are going to ready with its investment like trading.
This two is both good for long term investment but in bitcoin you can easily boost the income by doing trading and that is can not be able to do in Gold, that is why more users much prefer to invest in bitcoin than Gold
Bitcoin is a multipurpose investment where we can use that even in a regular basis, that is the big difference with gold as you need to store gold and wait for the right time that it gives more value unto you, with bitcoins anytime you can withdraw you wish to and use it to purchase online.

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September 24, 2016, 06:51:53 AM
 #5287

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 think it will be more profitable in bitcoin if we turn your money in bitcoin instead of gold . because the price of bitcoin increasing per year more sharply than the gold price . so i think for 10 year it will be best for bitcoin than for gold .
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September 24, 2016, 07:27:40 AM
 #5288

iam choose bitcoin
because use bitcoin my capital money very fast growth
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September 24, 2016, 07:59:52 AM
 #5289

Bitcoin for me because  it is easy to earn or to get unlike gold. It is also easy to grow and convert to real money unlike gold. It is easy to mine unlike gold because it is on the computer. It is also easy to high its value unlike gold in the near future. It is also easy to transact unlike gold.
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September 24, 2016, 03:15:56 PM
 #5290

Many people pick both bitcoin and gold, and me too. Both are good and why not pick both if you can pick both. Using bitcoin for investment and currency, for gold, using gold for long term investment, good combination right.
Both are really good, but let us be realistic here, majority of us here does not have the capacity to invest in gold because we are not born rich and that's why we are here because we are hoping that bitcoin can give us fortune, so in short we are only capable on investing with bitcoin.

Or we can just work hard to get hold of bitcoins. We cannot do that with gold. You need a big capital in order to acquire gold. And we can also do altcoin trading with bitcoin using small amounts. YOu can grow your bitcoin that way too. There is just too many advantages of bitcoin over gold, especially for those who do not have a large starting capital.
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September 25, 2016, 02:04:16 PM
 #5291

i think much better if we choose bitcoin because is it in demand on market imo but if you have anything to say then support it for me the best choice for making money is bitcoin because we can earn it for me and we can do it by hard working in signature campaign where we can earn more than 0.12 a month.

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September 25, 2016, 02:40:00 PM
 #5292

We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.
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September 25, 2016, 03:16:23 PM
 #5293

We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.
The risk associated with bitcoin is high, still the reward will be 100 times more than gold investment. We need to understand the basic concept of bitcoin of being digital gold. Gold cannot be send and receive instantly to anyone in this world whereas bitcoin could do that. So, going with bitcoin must be a better option.
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September 25, 2016, 03:19:45 PM
 #5294

We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.
The risk associated with bitcoin is high, still the reward will be 100 times more than gold investment. We need to understand the basic concept of bitcoin of being digital gold. Gold cannot be send and receive instantly to anyone in this world whereas bitcoin could do that. So, going with bitcoin must be a better option.

The digital gold is the new digitalized way but still the real physical gold is better and I think is limited within a country or region.
I wouldn't say that the reward in bitcoin is 100 times more than gold but in general can be more profitable that gold.
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September 25, 2016, 03:20:41 PM
 #5295

Many people pick both bitcoin and gold, and me too. Both are good and why not pick both if you can pick both. Using bitcoin for investment and currency, for gold, using gold for long term investment, good combination right.
Both are really good, but let us be realistic here, majority of us here does not have the capacity to invest in gold because we are not born rich and that's why we are here because we are hoping that bitcoin can give us fortune, so in short we are only capable on investing with bitcoin.

Or we can just work hard to get hold of bitcoins. We cannot do that with gold. You need a big capital in order to acquire gold. And we can also do altcoin trading with bitcoin using small amounts. YOu can grow your bitcoin that way too. There is just too many advantages of bitcoin over gold, especially for those who do not have a large starting capital.
I'm not quite sure what you are looking at the prospects of investing in gold, if the price of the metal in the fourth quarter of this year will be at the level of $ 1,350 an ounce, it's almost 31 and a half grams and the price of Bitcoin today: MAX: $ 601.96 min: $ 597.79, it is quite likely to invest in the precious metal.
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September 25, 2016, 03:26:20 PM
 #5296

We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.

gold can also be digital, but i agree gold can not be used like bitcoin and everything need to be as fast as possible today and gold isn't that fast like bitcoin, so definitely a plus for bitcoin

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SmartIphone
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September 25, 2016, 03:55:34 PM
 #5297

We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.

gold can also be digital, but i agree gold can not be used like bitcoin and everything need to be as fast as possible today and gold isn't that fast like bitcoin, so definitely a plus for bitcoin

I consider that trading physical gold involves a high risk because it's dangerous in real life.
Bitcoin sometimes is more anonymous and this is another advantage of bitcoin comparing with gold.
WEBcreator
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September 25, 2016, 04:26:09 PM
 #5298

i think much better if we choose bitcoin because is it in demand on market imo but if you have anything to say then support it for me the best choice for making money is bitcoin because we can earn it for me and we can do it by hard working in signature campaign where we can earn more than 0.12 a month.

Yeah for me it is better if we are going to choose bitcoin because it is more volatile and easy to invest with it rather than gold. Because in gold there are a lot of competition in the market. Unlike in bitcoin the competition is still less because only few people does know bitcoin. And I guess this is going to be good in the future.

In fact that gold is much more stable means that it is much better than bitcoin right now. Volatilility is quite a thing that you should avoid if you want to keep your investment intact. In fact that you could get profit from the volatility doesnt really mean that it is the best thing that you should pick

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NordicRanger
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September 25, 2016, 04:59:19 PM
 #5299

i think much better if we choose bitcoin because is it in demand on market imo but if you have anything to say then support it for me the best choice for making money is bitcoin because we can earn it for me and we can do it by hard working in signature campaign where we can earn more than 0.12 a month.

Yeah for me it is better if we are going to choose bitcoin because it is more volatile and easy to invest with it rather than gold. Because in gold there are a lot of competition in the market. Unlike in bitcoin the competition is still less because only few people does know bitcoin. And I guess this is going to be good in the future.

In fact that gold is much more stable means that it is much better than bitcoin right now. Volatilility is quite a thing that you should avoid if you want to keep your investment intact. In fact that you could get profit from the volatility doesnt really mean that it is the best thing that you should pick

Gold being more stable and having more usage in the offline worls makes gold the clear winner. Bitcoin with it's potential needs to prove itself more then is has done today. We can or should expect bitcoin to do something in a few years minimum.
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September 25, 2016, 05:06:36 PM
 #5300

We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.

gold can also be digital, but i agree gold can not be used like bitcoin and everything need to be as fast as possible today and gold isn't that fast like bitcoin, so definitely a plus for bitcoin

I consider that trading physical gold involves a high risk because it's dangerous in real life.
Bitcoin sometimes is more anonymous and this is another advantage of bitcoin comparing with gold.

Both are risky to invest in but since golds holds more and a more steady value Gold is my choice.
If bitcoin will reach a point where it is not owned by so many whales the value of bitcoin will grow, because the price will be more. The whales at this moment make bitcoin too risky.
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