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Gameroid
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January 28, 2017, 11:59:28 PM |
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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 certainly would choose bitcoin, but with bitcoin records may be used for investment should not only be kept until a certain time, certainly bitcoin will be more beneficial when compared to gold I would prefer to diversify, but probably most of the investment would be made in Bitcoin. Both Bitcoin and gold are good ways to store value, but Bitcoin is capable of something that gold can not do, which is the ability to be sent over the internet easily and in a decentralized way. I think that makes things a lot easier. Yeah bitcoin is far better then gold as an investment and the best thing about bitcoin is it can be sent or received across the globe and if you have good skills you can also earn them without making any investment which is never possible with gold and bitcoin can also give us huge profits in future comparatively gold is stable and profits would be limited upto a certain extent. my choice is also bitcoin. actually bitcoin is giving us a lot of facilities. we can use it for investment, while it can also be use as saving, and in the same time bitcoin can also be use as currency both online as well as in physical shops. |
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emezh10
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January 29, 2017, 01:44:32 AM |
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Probably bitcoin. Because as you can see gold is need to exchange first to money before you can use it but in bitcoin you can use it anytime hassle free. And in terms of price for bitcoin again and it's still growing and growing unlike the gold. And for the security I will go for bitcoin because gold is something you can misplaced so for over all I go for bitcoin. Because bitcoin has more bigger future in all.
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masterkiller
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January 29, 2017, 01:55:59 AM |
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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 certainly would choose bitcoin, but with bitcoin records may be used for investment should not only be kept until a certain time, certainly bitcoin will be more beneficial when compared to gold I would prefer to diversify, but probably most of the investment would be made in Bitcoin. Both Bitcoin and gold are good ways to store value, but Bitcoin is capable of something that gold can not do, which is the ability to be sent over the internet easily and in a decentralized way. I think that makes things a lot easier. Yeah bitcoin is far better then gold as an investment and the best thing about bitcoin is it can be sent or received across the globe and if you have good skills you can also earn them without making any investment which is never possible with gold and bitcoin can also give us huge profits in future comparatively gold is stable and profits would be limited upto a certain extent. my choice is also bitcoin. actually bitcoin is giving us a lot of facilities. we can use it for investment, while it can also be use as saving, and in the same time bitcoin can also be use as currency both online as well as in physical shops. Bitcoin is best as a currency and also as an investment as there are multiple benefits attached with bitcoins which is missing in gold as gold can be treated only as a store of value and to make profits from gold we really need to hold it for a very long term but price volatility in bitcoins gives us an opportunity to make good profits even in a short term. |
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Taki
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January 29, 2017, 01:00:03 PM |
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The price of bitcoin much more volatile than gold, making it a questionable store of value. The turnover of bitcoins much faster than gold, and usually people who get bitcoins, you want fairly quickly turn them back into government-backed currency. In turn, gold usually remains in storage for quite a long time, before change of the owner.
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boyptc
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January 29, 2017, 01:07:29 PM |
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Probably bitcoin. Because as you can see gold is need to exchange first to money before you can use it but in bitcoin you can use it anytime hassle free. And in terms of price for bitcoin again and it's still growing and growing unlike the gold. And for the security I will go for bitcoin because gold is something you can misplaced so for over all I go for bitcoin. Because bitcoin has more bigger future in all.
I'm going to choose bitcoin too. Because I'm simply liking on how bitcoin works, there are a lot of ways to earn bitcoin and on how we are going to spend them. It can be use as an investment and currency. But almost the same thing with gold but I don't have gold and I can't experience it that way in gold but in bitcoin it made it possible. |
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notech
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Activity: 31
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January 29, 2017, 01:10:59 PM |
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Bitcoin is a lot volatile, long term I would say gold and then bitcoin but not at this price
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LOUISEBIT
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January 29, 2017, 01:51:06 PM |
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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.
Bitcoin and gold have same point that both are currency and they will rise up fluctuative but I will prefer to choose invest in bitcoin because bitcoin is cryptocurrency , and easy . |
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Sithara007
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January 29, 2017, 02:17:49 PM |
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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.
Bitcoin and gold have same point that both are currency and they will rise up fluctuative but I will prefer to choose invest in bitcoin because bitcoin is cryptocurrency , and easy . Hmm... I agree with you on that point. Investing in Bitcoin is easy. You can chose a payment option from Localbitcoins, such as Bank Transfer or Online Western Union cash delivery, and the coins will be credited to your wallet. Purchasing gold is a bit more difficult. |
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basesaw
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January 29, 2017, 02:23:40 PM |
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The price of bitcoin much more volatile than gold, making it a questionable store of value. The turnover of bitcoins much faster than gold, and usually people who get bitcoins, you want fairly quickly turn them back into government-backed currency. In turn, gold usually remains in storage for quite a long time, before change of the owner.
yes. the value of bitcoin is very volatile than gold, so it is hard to risk money from bitcoin. but as we know, on the past few years the value of bitcoin is growing so fast. after just few years it grew up multiple times than its value on the past. so we can still choose bitcoin as it is not yet in the peak. it is just on its middle year. |
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VTCutch
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January 29, 2017, 02:25:50 PM |
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It seems to me that gold will go up soon. This is due to problems in India and China. But in spite of that I now buy Bitcoin, but not gold. I'm not ready to invest in the long term
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Oggy1987
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January 29, 2017, 03:35:49 PM |
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It seems to me that gold will go up soon. This is due to problems in India and China. But in spite of that I now buy Bitcoin, but not gold. I'm not ready to invest in the long term
I read about it for years now... Still didnt make decent profit out of it, but I hope it would go up soon, and it would go up big. I always thought of it like long term investment, so I dont worry myself too much, but I would seize opportunity if I had it. |
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Bitcotalk
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January 29, 2017, 03:46:56 PM |
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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 certainly would choose bitcoin, but with bitcoin records may be used for investment should not only be kept until a certain time, certainly bitcoin will be more beneficial when compared to gold I would prefer to diversify, but probably most of the investment would be made in Bitcoin. Both Bitcoin and gold are good ways to store value, but Bitcoin is capable of something that gold can not do, which is the ability to be sent over the internet easily and in a decentralized way. I think that makes things a lot easier. If everything is convenient with bitcoin and the features of bitcoin are more better than bitcoin features and the profit of bitcoin investment is more higher/faster than gold then why a person will also go for gold investment if he know all of them. I will not prefer gold for me and will not suggest to any of my friend about that investment in gold but only bitcoin is enough to get everything in one place. |
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bit1
Legendary
Offline
Activity: 938
Merit: 1000
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January 29, 2017, 05:36:12 PM |
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It seems to me that gold will go up soon. This is due to problems in India and China. But in spite of that I now buy Bitcoin, but not gold. I'm not ready to invest in the long term
I read about it for years now... Still didnt make decent profit out of it, but I hope it would go up soon, and it would go up big. I always thought of it like long term investment, so I dont worry myself too much, but I would seize opportunity if I had it. I guess it depends on the kind of investor you are and when did you buy this, and how much profit do you expect to get, many people think that any kind of asset will always go up, even when is a good time to sell they does not do it, and you read the press, the media, the articles, talk that the price will rise in the future, in the case of gold this has happened, but not as much as they make it appear in the media, in my opinion the price is still high, but maybe others say it's still cheap considering their scarcity, of the same way many peoples can say that it is one of the safest assets that has been over the years, which is perhaps true, I think the most convenient would be to see how the cycles work, or otherwise leave it as something forgotten for a long time without expecting get too much benefit (in the case of gold). |
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OrangeII
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January 29, 2017, 06:35:27 PM |
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Well, the price of gold is much more stable compared bitcoin. although many say that gold is very good from the bitcoin, but, basically I prefer bitcoin, because in addition to easy to get, bitcoin also have very much business, that can make me always excited in the business world.
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Oggy1987
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January 29, 2017, 06:37:06 PM
Last edit: January 29, 2017, 07:42:33 PM by Oggy1987 |
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You have to really find a good moment to sell at high peek. Its not that hard to miss the oportunity. One of the best investment for me is also real estate in good country and city. With rent you can get 5-10% of its value over year. It's more demanding job then just holding gold or bitcoin, but it got many benefits.
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laredo7mm
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January 29, 2017, 08:45:56 PM |
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You have to really find a good moment to sell at high peek. Its not that hard to miss the oportunity. One of the best investment for me is also real estate in good country and city. With rent you can get 5-10% of its value over year. It's more demanding job then just holding gold or bitcoin, but it got many benefits.
Earning from real estate can be the best way to make passive income as you don't have to work hard day and night to generate revenue from it and you will be getting paid at regular time period and its also an recurring income and will keep on coming towards till you are the owner of that particular property. |
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whizter
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January 29, 2017, 09:00:47 PM |
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Well, the price of gold is much more stable compared bitcoin. although many say that gold is very good from the bitcoin, but, basically I prefer bitcoin, because in addition to easy to get, bitcoin also have very much business, that can make me always excited in the business world.
yes i agree and bitcoin can only be prefer because bitcoin can give a good profit. because of the changing property of the price of bitcoin, we can always observe a big change in the price of bitcoin therefore for investors it always give chance to make money, while good is good choice for saving as its value remain stable therefore one can save their money form of bitcoin very safely. |
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macartem
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January 29, 2017, 09:48:24 PM |
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ONLY Gold  BTCis not a serious long term store of wealth. |
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LimLims
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January 29, 2017, 09:55:44 PM |
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Well, the price of gold is much more stable compared bitcoin. although many say that gold is very good from the bitcoin, but, basically I prefer bitcoin, because in addition to easy to get, bitcoin also have very much business, that can make me always excited in the business world.
yes i agree and bitcoin can only be prefer because bitcoin can give a good profit. because of the changing property of the price of bitcoin, we can always observe a big change in the price of bitcoin therefore for investors it always give chance to make money, while good is good choice for saving as its value remain stable therefore one can save their money form of bitcoin very safely. Bitcoin will take over gold in future and if you want to make really huge profits then bitcoin is the key to success as the outcome from gold would be limited in long run as the price is much stable in compare to bitcoins but with bitcoins the sky is the limit of your profits which may never possible with investment in gold. |
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Gameroid
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January 30, 2017, 02:31:16 AM |
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Well, the price of gold is much more stable compared bitcoin. although many say that gold is very good from the bitcoin, but, basically I prefer bitcoin, because in addition to easy to get, bitcoin also have very much business, that can make me always excited in the business world.
yes i agree and bitcoin can only be prefer because bitcoin can give a good profit. because of the changing property of the price of bitcoin, we can always observe a big change in the price of bitcoin therefore for investors it always give chance to make money, while good is good choice for saving as its value remain stable therefore one can save their money form of bitcoin very safely. yes i will also prefer to bitcoin because i like to invest my money in such a business from where i can get some profit and to i think there no better choice than bitcoin. because bitcoin can give us a good profit in a very very short time if the price goes up. |
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