Bitcoin or gold?

[BeGoods]

Today is probably the case when everyone rushed to transfer everything into gold, because there is no trust today in bitcoin.

Many people are panicking and selling their bitcoin because there will be something going on 1st of August. This proves that gold is stronger than bitcoin. And of course gold is safer than bitcoin, gold will not be hardfork, segwit, fluctuations, etc. I think gold is still the best

[1715518741]

1715518741

[stevegreer]

I wouldn't trust Platinum and Silver. The platinum supply scenario can change a lot if new deposits are found anywhere in the world, as the total market cap is very low. And silver is mostly used for industrial purposes, with less than 25% of the mined metal being used for investment and jewelry.

Silver's use in industry as well as jewelry and investments in the form of coins and bars is exactly the reason why I buy silver. It has use. It will always have a demand in industrial use due to it's conductivity and reflective properties.

[8Habits]

Today is probably the case when everyone rushed to transfer everything into gold, because there is no trust today in bitcoin.

Many people are panicking and selling their bitcoin because there will be something going on 1st of August. This proves that gold is stronger than bitcoin. And of course gold is safer than bitcoin, gold will not be hardfork, segwit, fluctuations, etc. I think gold is still the best

Actually gold and bitcoin are both the best investment - the former for potential short term gain and may even be long term while the latter is more on long term investment. Bitcoin is quite riskier than gold but when there is much risk , there is much gain as well. Now, it is up to the investor's preference who to choose. But for me, I am investing to both of them.

[doomloop]

Today is probably the case when everyone rushed to transfer everything into gold, because there is no trust today in bitcoin.

Many people are panicking and selling their bitcoin because there will be something going on 1st of August. This proves that gold is stronger than bitcoin. And of course gold is safer than bitcoin, gold will not be hardfork, segwit, fluctuations, etc. I think gold is still the best

Actually gold and bitcoin are both the best investment - the former for potential short term gain and may even be long term while the latter is more on long term investment. Bitcoin is quite riskier than gold but when there is much risk , there is much gain as well. Now, it is up to the investor's preference who to choose. But for me, I am investing to both of them.

I totally agree with you both is best for investment . But investment in gold is for longterm and not risky and investment in bitcoin is for short term .investment in bitcoin is more risky and more profitable .

[Himanshu111]

I think you should invest in both. Gold is the most safe investment out there and Bitcoin is the fastest growing. Diversification of portfolio can help you earn great returns.

[indrakusumaindra]

i choose gold. cause the gold value always raising up and its limited on earth

[Netnox]

i choose gold. cause the gold value always raising up and its limited on earth

Gold prices are not always rising up. Right now the prices are somewhere between $1,200 and $1,250 per oz., which represents a 30% decline when compared to the peak rates of around $1,800 per oz., which was attained in 2012.

[robao]

Silver it is then!

[IdVerification]

Bitcoin vs Gold Infrographic from 2014
https://www.jmbullion.com/bitcoin-vs-gold-infographic/

Pretty wild infographic from 2014 comparing price of gold per ounce and price of bitcoin, which 'peaked' at $1242 in late November 2013. Bitcoin has come a long way since then.

[PhucS]

i choose gold. cause the gold value always raising up and its limited on earth

Gold is really high value but I do not really agree with your opinion. The price of gold has not always risen, there have been times when it fell and even lower than Bitcoin. Gold actually has a very spectacular journey. Ten years ago, the price of gold was below 500 USD/ ounce, then rose more than 400 percent, jumping to over 1.900 USD/ounce in 2011. But then, gold plummeted. The price of gold is down 38% and to fall to about $ 1,200 in 2014

[c0L1nimUS]

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.

Gold, I think I choose gold because gold is real different with Bitcoin

[batang_bitcoin]

i choose gold. cause the gold value always raising up and its limited on earth

Not all the time the value of gold is appreciating there are times that it is affected by soome inflation but it is only happening occassionally. I will still go for bitcoin, I used to it already and this is what I'm focusing now because its value is much rising rather than gold.

[deisik]

I wouldn't trust Platinum and Silver. The platinum supply scenario can change a lot if new deposits are found anywhere in the world, as the total market cap is very low. And silver is mostly used for industrial purposes, with less than 25% of the mined metal being used for investment and jewelry.

Silver's use in industry as well as jewelry and investments in the form of coins and bars is exactly the reason why I buy silver. It has use. It will always have a demand in industrial use due to it's conductivity and reflective properties.

Silver's use is rather limited

And these limits are twofold. First, there is in fact not much use for silver in today's economy on its own, and, what adds more injury to insult, it is not going to expand in the future (if anything, palladium seems to be a better choice now). Further, even whatever industrial use silver has, it is severely limited by its price which is to say the smallest rise in price will make this use shrink since silver can be easily substituted by other metals and materials. Indeed, silver is the best electrical conductor out there, but copper is not bad either, so it is just a matter of price

[stevegreer]

Silver's use in industry as well as jewelry and investments in the form of coins and bars is exactly the reason why I buy silver. It has use. It will always have a demand in industrial use due to it's conductivity and reflective properties.

Silver's use is rather limited

And these limits are twofold. First, there is in fact not much use for silver in today's economy on its own, and, what adds more injury to insult, it is not going to expand in the future (if anything, palladium seems to be a better choice now). Further, even whatever industrial use silver has, it is severely limited by its price which is to say the smallest rise in price will make this use shrink since silver can be easily substituted by other metals and materials. Indeed, silver is the best electrical conductor out there, but copper is not bad either, so it is just a matter of price

All valid points. I stack silver because it is a physical object with value that I can hold in my hand and is as easy as taking some to any local coin shop to sell if need be. But aside from savings and 401k, I have the silver as an addition to my "portfolio", be that as it may. Silver is much more affordable than gold, but I could easily trade it in for gold if I so chose. As long as the mints keep pumping out silver coins and bars, and as long as silver is traded on the commodities market then I will take advantage of it as an investment.

[Xester]

i choose gold. cause the gold value always raising up and its limited on earth

Gold has been in the market for centuries maybe and is one of the precious metal here on Earth.  It is considered as a good investment if you have them but if that is the case, why are you here?     Just kidding, for me they are both good to have and choosing gold is nice but in reality it is hard to have those especially if you are like me.  I do not have the capacity to buy gold unlike bitcoin wherein I can earn it.  You cannot earn gold, as gold it is.  But bitcoin can be earned and can be used to buy things.  If I have many bitcoin then I can have and buy gold.  And gold value does not always rising up.

[Vishnu.Reang]

I wouldn't trust Platinum and Silver. The platinum supply scenario can change a lot if new deposits are found anywhere in the world, as the total market cap is very low. And silver is mostly used for industrial purposes, with less than 25% of the mined metal being used for investment and jewelry.

Silver's use in industry as well as jewelry and investments in the form of coins and bars is exactly the reason why I buy silver. It has use. It will always have a demand in industrial use due to it's conductivity and reflective properties.

Silver's use is rather limited

And these limits are twofold. First, there is in fact not much use for silver in today's economy on its own, and, what adds more injury to insult, it is not going to expand in the future (if anything, palladium seems to be a better choice now). Further, even whatever industrial use silver has, it is severely limited by its price which is to say the smallest rise in price will make this use shrink since silver can be easily substituted by other metals and materials. Indeed, silver is the best electrical conductor out there, but copper is not bad either, so it is just a matter of price

Why do you think that Palladium is a good choice when compared to silver and platinum? I know that it is used in catalytic converters, but how can you say that in future the demand for Palladium will increase?

[CryptoGeneral]

Both! I own Krugerrand and Bitcoin. The first is for the worst case scenario (grab a few things and run). And Bitcoin is a game changer and a great investment.

[Shutup]

i choose gold. cause the gold value always raising up and its limited on earth

Bitcoin is like gold but they have different value.Gold value is going up and down so it is good to to hold it and sell it on expensive when price is increasing.While Bitcoin for me is better because the price is higher than gold.Bitcoin price now is have exciting price its very high.Even price is is going going down now,still theres a future day to wait for the high price again.

[stevegreer]

Silver's use is rather limited

And these limits are twofold. First, there is in fact not much use for silver in today's economy on its own, and, what adds more injury to insult, it is not going to expand in the future (if anything, palladium seems to be a better choice now). Further, even whatever industrial use silver has, it is severely limited by its price which is to say the smallest rise in price will make this use shrink since silver can be easily substituted by other metals and materials. Indeed, silver is the best electrical conductor out there, but copper is not bad either, so it is just a matter of price

Why do you think that Palladium is a good choice when compared to silver and platinum? I know that it is used in catalytic converters, but how can you say that in future the demand for Palladium will increase?

That's actually a good question. Personally, in the example you provided with palladium's use in catalytic converters, I see the demand for that use decreasing as more auto makers begin pushing electric or hydrogen-fueled vehicles out and the inevitable decline of gasoline powered internal combustion engines takes hold.

[dinalo]

Silver's use is rather limited

And these limits are twofold. First, there is in fact not much use for silver in today's economy on its own, and, what adds more injury to insult, it is not going to expand in the future (if anything, palladium seems to be a better choice now). Further, even whatever industrial use silver has, it is severely limited by its price which is to say the smallest rise in price will make this use shrink since silver can be easily substituted by other metals and materials. Indeed, silver is the best electrical conductor out there, but copper is not bad either, so it is just a matter of price

Why do you think that Palladium is a good choice when compared to silver and platinum? I know that it is used in catalytic converters, but how can you say that in future the demand for Palladium will increase?

That's actually a good question. Personally, in the example you provided with palladium's use in catalytic converters, I see the demand for that use decreasing as more auto makers begin pushing electric or hydrogen-fueled vehicles out and the inevitable decline of gasoline powered internal combustion engines takes hold.

Plus even if demand goes up so do efforts to mine it, you need to look at supply aswell not only demand.