Bitcoin or gold?

[Taki]

Rather than choosing between the two why don't we just get them both,
I mean yeah Bitcoin has only been aroun for 5 year's and the user and it's price keeps on getting high,
So let's just assume that after 10 more years bitcoins price would be double or maybe triple by its current price.

Yeah you are right bitcoin price can easily double or triple within 10 years but what is the guarantee that same is going to happen with gold because if you see after 10 years no one can get bitcoins unless someone is selling them while gold has unlimited supply if you compare it with bitcoin. So the best option to go with is bitcoin right now.

You are right about that the price for bitcoin is going much faster than gold's price. But bitcoin is scaring us with it's new and technological nature. But gold recommended itself as money and instrument for investing for thousands of years. I would  recommend to invest some part of money in gold for feeling save and some to bitcoin for the fast rise of your base capital.

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[prass tyo]

I choose bitcoin due to the current price of bitcoin already passed on the price of gold, so it's justified if bitcoin a good investment, there is no harm in trying

[DoublerHunter]

I choose bitcoin due to the current price of bitcoin already passed on the price of gold, so it's justified if bitcoin a good investment, there is no harm in trying

I don't think that because of the price you just choose bitcoin or any kind of asset because that is not how the game works here in earning money because you need to do a lot of efforts in doing research and also trying to know what is best and suits to your needs. I'm not an anti-bitcoin but i'm just telling what is my opinion about your statement. I also do investing in bitcoin and it gives me a lot of profits this year.

For conclusion, I will still choose gold because it is stable and a lot of people or investors already tried it, So why don't I?

[conected]

Gold, the price is always goes up every year, but it is more stable then if you invest for a long period of time I guess gold is the best but if you want to earn in a long period ,bitcoin is good too because the volatile price we can earn fastly and we can earn more that we can imagine so both of them is good

The advantage with gold is that it is very stable, and it has given more returns than any other major investment type (such as bank savings, mutual funds, real estate, and antiques) since the last 100 years.

- Gold is very stable, it is increasing each year and for the buyer more profitable, gold is a reliable investment, we usually choose gold because it suits the requirements of investors (stable, safe, profit good). However, if you want high profit, we should choose Bitcoin because potential of Bitcoin is so huge, although there may be risks, but the high risk is synonymous with big profits. Gold and Bitcoin are very good choices, but if forced to choose, I would choose Bitcoin, simple because i believe it will grow

[deisik]

Gold, the price is always goes up every year, but it is more stable then if you invest for a long period of time I guess gold is the best but if you want to earn in a long period ,bitcoin is good too because the volatile price we can earn fastly and we can earn more that we can imagine so both of them is good

The advantage with gold is that it is very stable, and it has given more returns than any other major investment type (such as bank savings, mutual funds, real estate, and antiques) since the last 100 years.

Are you sure of that?

I don't remember the exact figures right now (anyway, you can find them yourself), but if you had been investing in US government bonds your returns during 100 years (which you refer to) would outperform gold by a good margin. Actually, for the last 40 years gold prices were lagging behind dollar inflation. Regarding gold mines being mostly exhausted today (your other point), there is a huge amount of gold dissolved in sea water, and if someone develops a cheap process to extract gold from it, gold prices will seriously decline

[seoincorporation]

You should make that question to this guy!

He will say #GoldAllTheWay

but we know bitcoin will have better price than gold at some point. 

[valta4065]

Gold, the price is always goes up every year, but it is more stable then if you invest for a long period of time I guess gold is the best but if you want to earn in a long period ,bitcoin is good too because the volatile price we can earn fastly and we can earn more that we can imagine so both of them is good

The advantage with gold is that it is very stable, and it has given more returns than any other major investment type (such as bank savings, mutual funds, real estate, and antiques) since the last 100 years.

Are you sure of that?

I don't remember the exact figures right now (anyway, you can find them yourself), but if you had been investing in US government bonds your returns during 100 years (which you refer to) would outperform gold by a good margin. Actually, for the last 40 years gold prices were lagging behind dollar inflation. Regarding gold mines being mostly exhausted today (your other point), there is a huge amount of gold dissolved in sea water, and if someone develops a cheap process to extract gold from it, gold prices will seriously decline

Hmm... Sure but if someone manages to find a way to produce a lots of "whatever metal" for cheap the price will go down...

That's very unlikely to happen. There is not only gold but lots of different metals in sea water, the guy who invents something allowing us to get those metals will change the world so much that it's very hard to predict what will happen ^^

[1Referee]

Not sure for Trezor, but you can recover your Ledger wallet without second device. So lets say you lose your hardware, and still have recovery sheet. You can recover it with software wallet, there is couple of them that are compatible, like Mycelium.

Trezor at all times requires you to recover your coins through another device. Without another device it's impossible. I just looked into the recovery process of the Ledger wallet, and they indeed offer recovery without actually needing to buy another piece of hardware. It only requires you to run the BIP39 tool where you then enter your mnemonic and set some parameters, and you have your private keys "decrypted". I wonder why this isn't possible with the Trezor wallet... I'll dive a bit deeper into it.

[BingoDog]

At the moment bitcoin is at position to achieve better price then gold so I would choose bitcoin at the moment. And it's also good long term investment just as gold, something that will have even bigger value in the future, so invest in bitcoin and if necessary you can always turn it into gold.

[sunsilk]

At the moment bitcoin is at position to achieve better price then gold so I would choose bitcoin at the moment. And it's also good long term investment just as gold, something that will have even bigger value in the future, so invest in bitcoin and if necessary you can always turn it into gold.

I don't want to say that bitcoin will surpass gold's value since they are both good type of investments. But I will really go for bitcoin.

I don't have gold or something that has gold, I always wanted to have gold but I accept the fact that in my situation.

Bitcoin will be the dominant.

[Kotone]

At the moment bitcoin is at position to achieve better price then gold so I would choose bitcoin at the moment. And it's also good long term investment just as gold, something that will have even bigger value in the future, so invest in bitcoin and if necessary you can always turn it into gold.

I believed on your statement bitcoin is quite high and expensive we already made up profit when the price is at the range of $800 per coin if we already bought atleast 5-10 bitcoin then we already made up $1000 profit just in a day, It doesn't need to invest on the long term when you actually love to hold your bitcoin you will be granted profit instantly when the price increase.

[bryant.coleman]

At the moment bitcoin is at position to achieve better price then gold so I would choose bitcoin at the moment. And it's also good long term investment just as gold, something that will have even bigger value in the future, so invest in bitcoin and if necessary you can always turn it into gold.

I believed on your statement bitcoin is quite high and expensive we already made up profit when the price is at the range of $800 per coin if we already bought atleast 5-10 bitcoin then we already made up $1000 profit just in a day, It doesn't need to invest on the long term when you actually love to hold your bitcoin you will be granted profit instantly when the price increase.

Who might have thought that the exchange rates will increase by 500% during the last 12 months? Especially after all the heartburn we had during the last 4 years? But I have a feeling that a significant correction is on its way. We can expect the correction to be in the range of 25% to 30%, and this dip may be the last chance to purchase coins at sub-1,000 levels.

[BitcoinGirl.Club]

Gold, the price is always goes up every year, but it is more stable then if you invest for a long period of time I guess gold is the best but if you want to earn in a long period ,bitcoin is good too because the volatile price we can earn fastly and we can earn more that we can imagine so both of them is good

IMHO bitcoin is a young currency yet against all odds has proved to be a good investment with all external resistances thrown at it. The gold market does enjoy minimal gains time and time again but not as comparable to bitcoins gains and given more time it will grow in value and the world will accept bitcoin.

[simpler2016]

Gold, the price is always goes up every year, but it is more stable then if you invest for a long period of time I guess gold is the best but if you want to earn in a long period ,bitcoin is good too because the volatile price we can earn fastly and we can earn more that we can imagine so both of them is good

IMHO bitcoin is a young currency yet against all odds has proved to be a good investment with all external resistances thrown at it. The gold market does enjoy minimal gains time and time again but not as comparable to bitcoins gains and given more time it will grow in value and the world will accept bitcoin.

Bitcoin will accept people, but not the government. For gold the government relates well, and to the Bitcoin wary. It is because of the popularization of Bitcoins will be restrained

[Roboabhishek]

I don't think storing bitcoin for a long term is a good idea in a large quantity is a good idea because anything could happen while you are asleep
Also things don't go always like this => https://www.theguardian.com/technology/2015/dec/09/bitcoin-forgotten-currency-norway-oslo-home

he was so lucky to buy bitcoin in 2009 and selling them in 2015 

[deisik]

At the moment bitcoin is at position to achieve better price then gold so I would choose bitcoin at the moment. And it's also good long term investment just as gold, something that will have even bigger value in the future, so invest in bitcoin and if necessary you can always turn it into gold.

I believed on your statement bitcoin is quite high and expensive we already made up profit when the price is at the range of $800 per coin if we already bought atleast 5-10 bitcoin then we already made up $1000 profit just in a day, It doesn't need to invest on the long term when you actually love to hold your bitcoin you will be granted profit instantly when the price increase.

Who might have thought that the exchange rates will increase by 500% during the last 12 months? Especially after all the heartburn we had during the last 4 years? But I have a feeling that a significant correction is on its way. We can expect the correction to be in the range of 25% to 30%, and this dip may be the last chance to purchase coins at sub-1,000 levels

Folks have been expecting correction since 800 dollars per coin

So it is mostly useless as well as fruitless to rely on your expectations and gut feelings. If someone had told you in early December what the Chinese authorities were going to do (i.e. basically prohibit Bitcoin from any meaningful trading on all major Chinese exchanges), you would most likely have said that Bitcoin was going to crash heavily, likely a few hundred dollars. Instead it continues to rise despite all odds. Personally, I would be happy if Bitcoin went down to, say, 900 dollars but it is now clear that it would have to crush a lot of massive buy walls on its way down (if it ever goes down at all)

[bncbnc]

Gold, the price is always goes up every year, but it is more stable then if you invest for a long period of time I guess gold is the best but if you want to earn in a long period ,bitcoin is good too because the volatile price we can earn fastly and we can earn more that we can imagine so both of them is good

IMHO bitcoin is a young currency yet against all odds has proved to be a good investment with all external resistances thrown at it. The gold market does enjoy minimal gains time and time again but not as comparable to bitcoins gains and given more time it will grow in value and the world will accept bitcoin.

Bitcoin will accept people, but not the government. For gold the government relates well, and to the Bitcoin wary. It is because of the popularization of Bitcoins will be restrained

actually bitcoin is very new here and still it need a lot of time to become more popular and i am hopeful that when government will know about bitcoin and the interested of their people then they will understand the reality and will certainly accept bitcoin as altcoin.

[death69]

Gold, the price is always goes up every year, but it is more stable then if you invest for a long period of time I guess gold is the best but if you want to earn in a long period ,bitcoin is good too because the volatile price we can earn fastly and we can earn more that we can imagine so both of them is good

IMHO bitcoin is a young currency yet against all odds has proved to be a good investment with all external resistances thrown at it. The gold market does enjoy minimal gains time and time again but not as comparable to bitcoins gains and given more time it will grow in value and the world will accept bitcoin.

Bitcoin will accept people, but not the government. For gold the government relates well, and to the Bitcoin wary. It is because of the popularization of Bitcoins will be restrained

actually bitcoin is very new here and still it need a lot of time to become more popular and i am hopeful that when government will know about bitcoin and the interested of their people then they will understand the reality and will certainly accept bitcoin as altcoin.

have you checked the prices of Bitcoin yet? It is nearly the same as gold and I believe in about 1 month later, 1 Bitcoin will be more valuable than 1 XAU. For those who have invested their money in Bitcoin, you are all rich and remember not to sell Bitcoin right now. It is obvious that there is nothing can stop Bitcoin from going up anymore.

[Raja_MBZ]

Gold, the price is always goes up every year, but it is more stable then if you invest for a long period of time I guess gold is the best but if you want to earn in a long period ,bitcoin is good too because the volatile price we can earn fastly and we can earn more that we can imagine so both of them is good

IMHO bitcoin is a young currency yet against all odds has proved to be a good investment with all external resistances thrown at it. The gold market does enjoy minimal gains time and time again but not as comparable to bitcoins gains and given more time it will grow in value and the world will accept bitcoin.

Bitcoin will accept people, but not the government. For gold the government relates well, and to the Bitcoin wary. It is because of the popularization of Bitcoins will be restrained

actually bitcoin is very new here and still it need a lot of time to become more popular and i am hopeful that when government will know about bitcoin and the interested of their people then they will understand the reality and will certainly accept bitcoin as altcoin.

have you checked the prices of Bitcoin yet? It is nearly the same as gold and I believe in about 1 month later, 1 Bitcoin will be more valuable than 1 XAU. For those who have invested their money in Bitcoin, you are all rich and remember not to sell Bitcoin right now. It is obvious that there is nothing can stop Bitcoin from going up anymore.

Two options for investors:

-Choose gold as investment and get richer by the age of 100.
-Choose bitcoin as investment and get richer within the next 5 years.

[dmamigo]

Gold, the price is always goes up every year, but it is more stable then if you invest for a long period of time I guess gold is the best but if you want to earn in a long period ,bitcoin is good too because the volatile price we can earn fastly and we can earn more that we can imagine so both of them is good

IMHO bitcoin is a young currency yet against all odds has proved to be a good investment with all external resistances thrown at it. The gold market does enjoy minimal gains time and time again but not as comparable to bitcoins gains and given more time it will grow in value and the world will accept bitcoin.

Bitcoin will accept people, but not the government. For gold the government relates well, and to the Bitcoin wary. It is because of the popularization of Bitcoins will be restrained

actually bitcoin is very new here and still it need a lot of time to become more popular and i am hopeful that when government will know about bitcoin and the interested of their people then they will understand the reality and will certainly accept bitcoin as altcoin.

have you checked the prices of Bitcoin yet? It is nearly the same as gold and I believe in about 1 month later, 1 Bitcoin will be more valuable than 1 XAU. For those who have invested their money in Bitcoin, you are all rich and remember not to sell Bitcoin right now. It is obvious that there is nothing can stop Bitcoin from going up anymore.

The price ot Bitcoin is high definitely, the value is very volatile and it is new. BTC is not stable or safe in many countries. It can get restricted from many countries, so though the profit will be high, if someone want to play safe, for him Gold is better choice. If one is ready to take risk, Bitcoin will turn unimaginably profitable.