Bitcoin or gold?

[aardvark15]

Since Bitcoin is still basically new and hasn't really gone mainstream yet, we are still in the early stages of it's growth. I think there is a lot of potential for Bitcoin whereas gold is already established and it is less likely to have a huge increase in value. Basically Bitcoin is riskier, but has more potential for a big increase in value.

[Bibite]

bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe

[Haladay]

Since Bitcoin is still basically new and hasn't really gone mainstream yet, we are still in the early stages of it's growth. I think there is a lot of potential for Bitcoin whereas gold is already established and it is less likely to have a huge increase in value. Basically Bitcoin is riskier, but has more potential for a big increase in value.

That is really true. Even its 7 year old background, we're still in the very early stages of bitcoin. It has a good potential. Then let's see what the future bring us.

[stergium]

bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe

yes that is very right to say that bitcoin can give you a very quick profit, because when the price of bitcoin start increasing then it goes very high in no time and can give you a good profit.

[richardsNY]

bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe

It depends on what your definition of safe is. If you only look at cold hard profits, then 'securing' money into gold might not even be that rewarding. If you look to use gold as hedge, then you in the same time can skip that step, and head over directly to Bitcoin since it basically offers exactly that what gold offers, but then in a modern way. I personally will always prefer Bitcoin over anything else when it comes to investing, store of value, using it as a hedge, etc.

[Bitcotalk]

Since Bitcoin is still basically new and hasn't really gone mainstream yet, we are still in the early stages of it's growth. I think there is a lot of potential for Bitcoin whereas gold is already established and it is less likely to have a huge increase in value. Basically Bitcoin is riskier, but has more potential for a big increase in value.

That is right that in the future the price of bitcoin will increase much high  because bitcoin is in its initial stage but as you are seeing that the demand and use of bitcoin is increasing everyday so it is not a risky currency but is a safe currency and it is proved from that last year.

[mornabo]

looks price bitcoin for now, both of them very good for investment..
but i still prefer with gold, because gold have real fisik and prce always going up

I think it would be more difficult gold in store for the physical form? would be easily stolen too, if you save a lot of gold? different when you save a bitcoin, no matter how much it will be easily stored and flexible

[klf]

looks price bitcoin for now, both of them very good for investment..
but i still prefer with gold, because gold have real fisik and prce always going up

I think it would be more difficult gold in store for the physical form? would be easily stolen too, if you save a lot of gold? different when you save a bitcoin, no matter how much it will be easily stored and flexible

There are many ways you can secure your gold if you want and at the same time people can hack and steal bitcoins. There are few incidents that people lost bitcoins in exchanges. I believe that we should not worry much about how to store but we need to consider how much these products can grow over the time. I prefer to invest in both of them and more in gold and small investment in bitcoins,

[dearbesz1219]

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 would prefer to choose bitcoin, it is because of the volatility of bitcoin can give us more profit every now and then. In every movement of bitcoin there is an opportunity ahead for the traders to buy and sell in the market. While in Gold the motion is very slow though there is a guaranteed that it will increase the value too.

[batang_bitcoin]

bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe

It's true, both of them are good investments but since most of the people doesn't know much about bitcoin. The advantage of investing on it is good because we are still considered as few in the market but once newcomers started to invest, it will be hard to get along with it already as the competition is going to be tough and the price will be higher.

[delliaerd]

bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe

I think it all depends on the economic conditions of each of us. if we only had a little money, then gold is not the best investment option. because even though the price of gold is more stable but price increases each year only 10% -20% every year. under conditions of those people who only have a small capital should choose bitcoin as an investment.

[vrm86]

bitcoin is good if you are looking for quick profits or if you are a strong believer of the bitcoin potential and you are sure the price will be more high in some months or years. Gold is good if you are looking to secure your assets for a 5-10 years period and want to be safe

I think it all depends on the economic conditions of each of us. if we only had a little money, then gold is not the best investment option. because even though the price of gold is more stable but price increases each year only 10% -20% every year. under conditions of those people who only have a small capital should choose bitcoin as an investment.

To gain more profit with little investments you need to take higher risk. If someone has small capital, it doesn't always mean that it's not worth a lot for that person (e.g. this could be savings from several years). It depends on perspective and situation. If you could deal with eventually loss, go for BTC. Otherwise - gold.

[darthmaul]

Obviously I would convert it to Bitcoin. I have many reasons to believe in bitcoin even after 10 years. First thing, Gold is an element which is precious, shiny and used as highly traded ornament but I believe the craze about it in next 10 years won't last that much as it is today! The 10 years from now would be DIGITAL world where there will value to digital stuff. People may not be interested in physical stuffs anymore. Gold may become talks of past and may drop in it's value drastically.

On the other hand in such digital world bitcoin will take place of safest investment and medium of trading the stuff around the globe. Due to increase in it's useful volume it will get more evaluation for it's price. Computing will increase a lot in the future and bitcoin will be more into picture frame. The clear vision of this can be seen today also. As you said 5 years passed away like sand in hand!

So for me Bitcoin is the only way to convert my money and store for next 10 years. :-)

[DoublerHunter]

Obviously I would convert it to Bitcoin. I have many reasons to believe in bitcoin even after 10 years. First thing, Gold is an element which is precious, shiny and used as highly traded ornament but I believe the craze about it in next 10 years won't last that much as it is today! The 10 years from now would be DIGITAL world where there will value to digital stuff. People may not be interested in physical stuffs anymore. Gold may become talks of past and may drop in it's value drastically.

On the other hand in such digital world bitcoin will take place of safest investment and medium of trading the stuff around the globe. Due to increase in it's useful volume it will get more evaluation for it's price. Computing will increase a lot in the future and bitcoin will be more into picture frame. The clear vision of this can be seen today also. As you said 5 years passed away like sand in hand!

So for me Bitcoin is the only way to convert my money and store for next 10 years. :-)

I don't think that just after 10 years, the world will be that advanced like people will like digital stuff and abandon physical stuff. The the question is, what will happen to the fiat or physical money? I don't think that bitcoin will be king after 10 years because there is still a lot of things to happen and we can't see what will happen in the future. Gold will still here after 10 years and it will become more expensive than now just like what will happen in bitcoin.

[ekoice]

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 would definitely chose bitcoins.Gold cannot give as much returns as bitcoin in the next ten years.As far as security is considered,bitcoin works in a secured block chain system and no need to worry about our investments.Even when we consider about transporting gold or bitcoins,bitcoins could be easily sent to any parts of the world quickly unlike gold which has serious security issues for sending.

[phr0stbyt3]

I will choose bitcoin over gold as to make profits from gold I need to wait for a longer time and price of gold is also stable so holding it too long can be really boring for me as I am very much interested in making quick profits which is possible only with bitcoin.

Gold can't even be called an investment that's what i think because the price is change is really stable and in order for us to double our investment with gold it can take more than 20 years while in bitcoin to double our investment i think the max time would be 2 years.

i think we can also called it as investment. but the income that we can get from bitcoin is very limited. because we can expect a very little change in the price of bitcoin and we have to wait for a long long time.

I agree from few weeks the price of bitcoin isn't increasing a lot but that totally doesn't mean that it will show no progress in future also. And the change in price of bitcoin isn't little at all. If you invest in gold it will take years for an increase. But bitcoin isn't like that at all. Bitcoin is being accepted in man places now so increase is price will occur many times in a month now.

[queen0608]

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, absolutely.In the history of money, gold has always been very unsafe. Bitcoin in terms of security advantages over gold, bitcoin is better than gold reserve currency.

[BitcoinPanther]

I think to choose both is a good decision.  We can always spread out our investment.  We are not limited to only one or two investment in our entire life.  Gold and Bitcoin have advantage on their own.  Gold had been proven for centuries and one of the best tool as store of value.  The only downside of gold is that it is hard to carry around, and needed a safe place to store.  While Bitcoin is still at its early stage.  It has not yet been time tested, and since it is a trend atm, the hype is everywhere and thus can make us lose or gain profit depending in our decision.  Aside from that we can cary Bitcoin anywhere as long as we have the private key to the address that is holding our Bitcoins.  So Bitcoin future is quite uncertain unlike gold.  But as I said, I will gladly have both to take advantage of the profitability they offer.

[lOvE mE forEvEr]

I would always say that gold is better than Bitcoin, we know that gold already stored for thousands of years peoples and never drop significantly, 99% of the world population to know gold, while only 1% of the world population know bitcoin.

[jovs]

Bitcoin, absolutely.

Gold is relatively stable and has had centuries (millennia?) to establish its relative value in the world.

Bitcoin is a disruptive technological protocol in its infancy.  It is still in the process of price discovery and as additional layers of interface are added on top of the protocol, the difference will be equivalent to the difference between the internet today and the internet in the 1980's.  It is impossible to predict what bitcoin will be like in 10 years, but I expect it will be exponentially more useful (and as such, exponentially more valuable) by then.

Yes i will also choose bitcoin rather than gold. But if we will compare the two, the bitcoin and the gold. The two is way different to each other because bitcoin is an intangible object that can use on transaction via internet while gold is a tangible object that has a price depending on the karat of it. But they also have a common denominator and it is the value. Both have value which can be used on trading an transaction. Bitcoin is more preferable on transaction because its value always increase and it has a fast and reliable transaction.