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Author Topic: Bitcoin or gold?  (Read 984414 times)
BrewMaster
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October 15, 2016, 04:41:00 AM
 #5601

The problem with Gold, as real as it is, is that most people would rather carry around slips of paper that represent gold promises, than the actual gold itself. There's also significant risk in securing/hiding it if you amase any reasonsable amount.

Indeed its pretty hard and the fact is also that you need to hold it pretty long so I think you can than better hold the bitcoin to be honest.

there is really no need to go for only one choice, you can still do both and be satisfied with your investment.

gold is good because of its popularly and stability but you should not forget that bitcoin is a growing thing that is becoming more and more popular each day.

There is a FOMO brewing...
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October 15, 2016, 11:59:35 AM
 #5602

I feel as these are my assets. Before i knew BTC i used to buy Gold coins and save it and feel happy and satisfied with my savings. I came to this forum and found BTC as an asset to save. Because, it totally depends on price as gold. Both prices' fluctuates now and then, but their values remain untouched. I am thinking of buying more gold coins with bitcoins earnings. 
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October 15, 2016, 12:40:12 PM
 #5603

The problem with Gold, as real as it is, is that most people would rather carry around slips of paper that represent gold promises, than the actual gold itself. There's also significant risk in securing/hiding it if you amase any reasonsable amount.

Indeed its pretty hard and the fact is also that you need to hold it pretty long so I think you can than better hold the bitcoin to be honest.

there is really no need to go for only one choice, you can still do both and be satisfied with your investment.

gold is good because of its popularly and stability but you should not forget that bitcoin is a growing thing that is becoming more and more popular each day.
To have higher profits in future its always good to invest in both of them as both of them their own advantages and both can benefit you in long run so its always good to diversify your investments.
Mometaskers
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October 15, 2016, 05:44:45 PM
 #5604

The problem with Gold, as real as it is, is that most people would rather carry around slips of paper that represent gold promises, than the actual gold itself. There's also significant risk in securing/hiding it if you amase any reasonsable amount.

Indeed its pretty hard and the fact is also that you need to hold it pretty long so I think you can than better hold the bitcoin to be honest.

there is really no need to go for only one choice, you can still do both and be satisfied with your investment.

gold is good because of its popularly and stability but you should not forget that bitcoin is a growing thing that is becoming more and more popular each day.
To have higher profits in future its always good to invest in both of them as both of them their own advantages and both can benefit you in long run so its always good to diversify your investments.

If you have lots of money, you can invest in both. If you have less than $10,000. It is better to invest in bitcoin.
Karloff
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October 15, 2016, 05:45:37 PM
 #5605

The problem with Gold, as real as it is, is that most people would rather carry around slips of paper that represent gold promises, than the actual gold itself. There's also significant risk in securing/hiding it if you amase any reasonsable amount.

Indeed its pretty hard and the fact is also that you need to hold it pretty long so I think you can than better hold the bitcoin to be honest.

there is really no need to go for only one choice, you can still do both and be satisfied with your investment.

gold is good because of its popularly and stability but you should not forget that bitcoin is a growing thing that is becoming more and more popular each day.
To have higher profits in future its always good to invest in both of them as both of them their own advantages and both can benefit you in long run so its always good to diversify your investments.
With gold in the bank as that you feel more confident in the future. And even if the world will end, gold remains gold forever as it is ..
KingdomHearts
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October 15, 2016, 09:54:26 PM
 #5606

The problem with Gold, as real as it is, is that most people would rather carry around slips of paper that represent gold promises, than the actual gold itself. There's also significant risk in securing/hiding it if you amase any reasonsable amount.

Indeed its pretty hard and the fact is also that you need to hold it pretty long so I think you can than better hold the bitcoin to be honest.

Yes, if you take into account the safety, Bitcoin is certainly much safer. But gold is good to do long-term investments
you are right that bitcoin is very much safer, stronger currency and increasing its price too much faster and bitcoin is very safest investment and gold increasing its price too much slowly because maximum people choose the bitcoin.
asuryan180
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October 15, 2016, 10:13:07 PM
 #5607

I guess gold if you prefer a more stable commodity but in my opinion both are a good investment,BTC gives you the flexibility and the ability to send large amounts of money without having to pay any taxes or something like that,also BTC can grow really much and increase it's trading volume.So I like to see it more as combining the two together rather than having to choose one.

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October 15, 2016, 10:25:59 PM
 #5608

I guess gold if you prefer a more stable commodity but in my opinion both are a good investment,BTC gives you the flexibility and the ability to send large amounts of money without having to pay any taxes or something like that,also BTC can grow really much and increase it's trading volume.So I like to see it more as combining the two together rather than having to choose one.

Traditional investors are mostly looking for Gold as it has proven to be a reliable store of value, and they choose stocks for a bit more action and a better return on a yearly basis. In this case, Bitcoin would be a perfect addition to any portfolio given its high future potential. I however think it will take a long time before they are convinced enough to give Bitcoin a try. Even 5% (which I find a small percentage) of their portfolio in Bitcoin can make a big difference.
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October 15, 2016, 10:49:08 PM
 #5609

I guess gold if you prefer a more stable commodity but in my opinion both are a good investment,BTC gives you the flexibility and the ability to send large amounts of money without having to pay any taxes or something like that,also BTC can grow really much and increase it's trading volume.So I like to see it more as combining the two together rather than having to choose one.
combining both course you need more capital, because you have to buy bitcoin and gold, it would provide a great advantage, but what if I only have a small capital

mothermother
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October 15, 2016, 10:51:47 PM
 #5610

Already Golds!
-Why?
-Golds are older than Bitcoin.
arcanaaerobics
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October 16, 2016, 12:04:50 AM
 #5611

Already Golds!
-Why?
-Golds are older than Bitcoin.

You can put gold in your teeths but you can't put bitcoin  Grin
Actualy you choose a poor point of view to choose a side, with this thought, just store sand or dirt... both are old...
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October 16, 2016, 12:25:58 AM
 #5612

Already Golds!
-Why?
-Golds are older than Bitcoin.

You can put gold in your teeths but you can't put bitcoin  Grin
Actualy you choose a poor point of view to choose a side, with this thought, just store sand or dirt... both are old...
yeah , since both are right at thier own place . do i will convert my half money into bitcoin and half into gold . so i will be free to think whether my descion is wrong or right .
Fatamorgana
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October 16, 2016, 03:27:02 AM
 #5613

I think BOTH as both have a great future...Bitcoin is a future but cant ignore gold and silver as well..As bitcoin exists maximum by 5 years and gold is traditionally used as investment factor..so cant ignore both but as discussion is on so would prefer bitcoin as its a future..
MingLee
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October 16, 2016, 04:17:34 AM
 #5614

It all depends on what you're going to be looking for in the future and what kind of risks you're willing to take overall. Gold for storing your value and keeping pace (generally) with inflation, while Bitcoin is best for cheap money movement and rapid gains (or losses) that can happen. Both have their own niche and it wouldn't be any other way so far.
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October 16, 2016, 11:52:28 AM
 #5615

Some stats for you to have an idea of what happened recently

Gold price, last 30 days -7,38%

Bitcoin, last 30 days +0,76%

So it seems, sometimes, Gold is much more volatile than Bitcoin.

One data point, and an extremely small sample size on top of it. You would be foolish to try to draw conclusions from such a limited amount of data, especially when the exact opposite data exists in such great abundance on a much larger scale. You can manipulate data to show whatever you want when you use it in such small sets like this, but the conclusions are worthless.

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October 16, 2016, 12:13:12 PM
 #5616

I think BOTH as both have a great future...Bitcoin is a future but cant ignore gold and silver as well..As bitcoin exists maximum by 5 years and gold is traditionally used as investment factor..so cant ignore both but as discussion is on so would prefer bitcoin as its a future..
Yeah bitcoin and gold have a good opportunityand give you some investment return but consider what is good for you and what is have a high rate of investment return.
goldcoinminer
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October 16, 2016, 12:19:36 PM
 #5617

I think BOTH as both have a great future...Bitcoin is a future but cant ignore gold and silver as well..As bitcoin exists maximum by 5 years and gold is traditionally used as investment factor..so cant ignore both but as discussion is on so would prefer bitcoin as its a future..
Yeah bitcoin and gold have a good opportunityand give you some investment return but consider what is good for you and what is have a high rate of investment return.
No question majority would choose gold as their investment but due to lack of resources to do so, they will force to choose bitcoin. Anyway as you said they are both good investment so there are still possibilities that it will give us good return in the future whatever we choose.
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October 16, 2016, 12:22:19 PM
 #5618

I think BOTH as both have a great future...Bitcoin is a future but cant ignore gold and silver as well..As bitcoin exists maximum by 5 years and gold is traditionally used as investment factor..so cant ignore both but as discussion is on so would prefer bitcoin as its a future..
Yeah bitcoin and gold have a good opportunityand give you some investment return but consider what is good for you and what is have a high rate of investment return.
No question majority would choose gold as their investment but due to lack of resources to do so, they will force to choose bitcoin. Anyway as you said they are both good investment so there are still possibilities that it will give us good return in the future whatever we choose.

That is true that even if people would prefer investing to gold, they still end up investing to bitcoin because of ease in acquiring them and using the bitocins for other purposes also apart from just investment - which gold is lacking on that aspect. Both are good investment but majrity of the common people are heavily investing to bitcoins at the moment than in gold.
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October 16, 2016, 02:01:10 PM
 #5619

I think BOTH as both have a great future...Bitcoin is a future but cant ignore gold and silver as well..As bitcoin exists maximum by 5 years and gold is traditionally used as investment factor..so cant ignore both but as discussion is on so would prefer bitcoin as its a future..

Gold has a given good future already because it has been in the market for many centuries already. That is why many are depending and choosing gold instead of bitcoin. But for those people including me that experience good thing about bitcoin then we are going to choose bitcoin for it is helping us to get some good profit with it.

gold is seen as a safe option by a lot people. these same people either don't look at bitcoin as a serious investment option, or they are only interested in bitcoin as a very short term investment.
ayesha sadiqa
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October 16, 2016, 03:01:20 PM
 #5620

I think BOTH as both have a great future...Bitcoin is a future but cant ignore gold and silver as well..As bitcoin exists maximum by 5 years and gold is traditionally used as investment factor..so cant ignore both but as discussion is on so would prefer bitcoin as its a future..

Gold has a given good future already because it has been in the market for many centuries already. That is why many are depending and choosing gold instead of bitcoin. But for those people including me that experience good thing about bitcoin then we are going to choose bitcoin for it is helping us to get some good profit with it.

gold is seen as a safe option by a lot people. these same people either don't look at bitcoin as a serious investment option, or they are only interested in bitcoin as a very short term investment.
yes gold is really a safe investment but it cannot give you a good profit, as its price is increasing very slowly but if we think about bitcoin, no doubt that bitcoin is a little risky but it can give you a very very good profit in a very very short period of time, and if you want to get profit in short time you must have to take risk.
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