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Author Topic: Bitcoin or gold?  (Read 984414 times)
Tipstar
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August 01, 2017, 06:01:07 AM
 #8561

Surely bitcoin as it has an ability to give me best profits in quick time which is never possible with gold as to make profits from gold you need to hold if for a very long time which is not possible for me.

Because Bitcoin is on it's acceptance development and some people are just new to these terms and what can it do so this is a time where we can buy bitcoins in a cheap price ( a 2000 plus dollars is not cheap but compared to bitcoins prediction in coming years it is a good time to buy ). Gold on the other hand is known to almost everybody and it is accepted thousand of years ago that's why it's price is not increasing in a fast pace.
People are predicting that bitcoin will cost a million dollar in the future to come and with the current price now it is very cheap.
It depend on us on how much we believe the price will reach because if the success will continue definitely it will happen if we also hold on.

It's much more complicated.
As both the assets have limited supply.
We know the total supply of Bitcoins and how long it will be issued.
But we don't have data about the total supply of gold or how long the mines would tolerate the demand.
And bitcoin supply decreases as time passes while gold production is increasing every year.


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August 01, 2017, 06:02:32 AM
 #8562

With no hesitation i will choose bitcoin,why, because i can earn it for free and the value of btc is very good,and it may increased its value this coming years. By now im starting to save some little amount of btc for future use.

sounds good to me
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August 01, 2017, 06:17:41 AM
 #8563

I think you should invest more in Bitcoin than gold as Bitcoin is the fastest growing investment out their. You can expect the value of your assets to grow many times within 1 year or so. Gold on the other hand grows with a slower rate.
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August 01, 2017, 06:32:22 AM
 #8564

If you're thinking about safer and long term investment, then choose gold
If you're thinking about higher gain and short term investment, then choose bitcoin
However, the higher the gain if also possess greater risk, not to mention scams, links, and when you hold btc , you got numeric alogirthm in your computer and its intangible assets but when you hold gold, u got the tangible assets  Smiley Smiley
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August 01, 2017, 03:54:49 PM
 #8565

Have a lot of money to buy Bitcoin, then trade altcoin. The result is to buy gold as a long-term investment. Secure
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August 01, 2017, 04:35:18 PM
 #8566

If you're thinking about safer and long term investment, then choose gold
If you're thinking about higher gain and short term investment, then choose bitcoin
However, the higher the gain if also possess greater risk, not to mention scams, links, and when you hold btc , you got numeric alogirthm in your computer and its intangible assets but when you hold gold, u got the tangible assets  Smiley Smiley
You have explained differences in nice way but I will somewhat disagree with you. Even for the long term investments, you can choose bitcoins. They are more profitable as long term investments. If we talk about gold, it has not shown any significant increase in its value for last few years. The profit with gold is a very slow process.
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August 01, 2017, 04:57:05 PM
 #8567

If you're thinking about safer and long term investment, then choose gold
If you're thinking about higher gain and short term investment, then choose bitcoin
However, the higher the gain if also possess greater risk, not to mention scams, links, and when you hold btc , you got numeric alogirthm in your computer and its intangible assets but when you hold gold, u got the tangible assets  Smiley Smiley
You have explained differences in nice way but I will somewhat disagree with you. Even for the long term investments, you can choose bitcoins. They are more profitable as long term investments. If we talk about gold, it has not shown any significant increase in its value for last few years. The profit with gold is a very slow process.
Any things has a cycle and private era. The era of saving in banks, saving with gold are finished, in present is era of Bitcoin and technology Blockchain. So if compare with the value of Gold from 2007 until 2015 and Bitcoin, we can see in current the value of Bitcoin growth as Gold in past time, even better than and interesting more.
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August 01, 2017, 06:55:02 PM
 #8568

Bitcoin is more profitable to invest, even though i dont have physically bitcoin. But, i still can earn more dollars than investing in gold.

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August 01, 2017, 07:32:22 PM
 #8569

Right now it's more profitable to rely on bitcoin. But in the case of a global catastrophe or war Bitcoin simply disappear. And then we can rely on gold. It has always been the currency since the beginning of time. Therefore, it is possible that gold is more reliable.
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August 01, 2017, 08:31:43 PM
 #8570

Right now it's more profitable to rely on bitcoin. But in the case of a global catastrophe or war Bitcoin simply disappear. And then we can rely on gold. It has always been the currency since the beginning of time. Therefore, it is possible that gold is more reliable.
The fact is that the views on Bitcoin from gold have a lot of options for Who to give preference. The fact that today Bitcoin gives very great opportunities for earnings, which can not be obtained in other areas of activity. But Gold, this is exactly that product, or even a jewel that you can buy and store all your life without being afraid for some courses or energy cataclysms.
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August 01, 2017, 10:29:59 PM
 #8571

Right now it's more profitable to rely on bitcoin. But in the case of a global catastrophe or war Bitcoin simply disappear. And then we can rely on gold. It has always been the currency since the beginning of time. Therefore, it is possible that gold is more reliable.
The fact is that the views on Bitcoin from gold have a lot of options for Who to give preference. The fact that today Bitcoin gives very great opportunities for earnings, which can not be obtained in other areas of activity. But Gold, this is exactly that product, or even a jewel that you can buy and store all your life without being afraid for some courses or energy cataclysms.
Of course, if you do the right thing with your finances, then in reality gold is a very good alternative for deposits, but also time and altcoin gives its advantages together with Bitcoin. Therefore, the crypto currency and gold just need to be considered together, maybe even 50 to 50.
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August 02, 2017, 12:03:12 AM
 #8572

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 will choose the bitcoin to be stored in the long run, because until now the bitcoin price will always rise on the bitcoin cause it as the basis or benchmark the price of another coin, like the dollar as a benchmark other currencies, if gold is stable and the price is rising A slight drop, so I think less good if to invest
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August 02, 2017, 03:57:33 AM
 #8573

And gold has great traditions.
Even in the subconscious - in what color are the bitcoins depicted?
In Deutch wort money is -Geld and gold is Gold.
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August 02, 2017, 09:12:05 AM
 #8574

I prefer gold because it is more reliable, but I also use bitcoin to improve my financial situation in the future. I think that your savings should be stored in bitcoin and gold.

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August 02, 2017, 09:48:57 AM
 #8575

Have a lot of money to buy Bitcoin, then trade altcoin. The result is to buy gold as a long-term investment. Secure
All that is not like turning the palm of the hand, there is a struggle to achieve all that. Trading is not easy, there are many risks in it. Buying gold or bitcoin if you do not have a trading strategy will also be difficult in the future. If asked, everyone would want to have a profit and not want a loss.

Gold and bitcoin, both of which I think are profitable. This investment should proceed
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August 02, 2017, 12:07:53 PM
 #8576

obviously gold would be the safe bet and bitcoin the risky. With gold having had thousands of years of maintained value and bitcoin being a few years old and extremely volatile.

in 1971 gold was $35 an ounce. it went up to over $800 in the early 80's then crashed to around $250. a few years ago it almost hit $2000. it then dropped into the $1,100 range. now what was it you were saying about volatility?

Well said, it's really hard to say which to keep. But, just to be on the safe side I'll keep both if ever. The reason is simple, gold has a secured value even if you'll keep it for a long time. On the other hand, bitcoin has risks. We don't know what will happen in 10 years, though bitcoin has been doing great for the last 5 years, it's value is unpredictable in the long run. But, I still think it's worth taking the risk. It's either you'll hold something worthless or something worth  thousands of dollars after 10 years.
to me I have fully trust on both bitcoin as well as on gold. but stil I will like to select bitcoin because from bitcoin I have more chances to make more money.
That’s a sagacious suggestion though. We all know that bitcoins are fastest way of earning now a days and making your dreams come true but is accompanied by risks as well. Little investment in gold would serve as nice back up for trading in bitcoins.
But for faster profit I will suggest for only bitcoin no matter how much is risk.
I just think we can enlarge the gold investment from the profit of bitcoin trade because the more stable gold value can make us not worry about getting bigger losses indeed to get profit in bitcoin is easy but we should know there is big risk from fast price movement.

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August 02, 2017, 12:17:12 PM
 #8577

I prefer gold because it is more reliable, but I also use bitcoin to improve my financial situation in the future. I think that your savings should be stored in bitcoin and gold.
Right now I think we cannot afford to invest with gold yet, we need to take bigger risk to make a good capital to invest with gold
and I think bitcoin can give that to us if we will trust our money to hold for a little longer.
Consistently buying bitcoin is already a good practice if we do that for at least a year and hold it for 5 years.

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August 02, 2017, 12:22:02 PM
 #8578

This should be a simple answer liquidity wise Bitcoin beats Gold by a mile right now Bitcoin is more liquid than gold, that is why it is called Cryptocurrency it is good as a real currency. Gold on the other hand is much harder to convert into Fiat Currency because you need to take time to find the right price and the right ounce in order to sell your Gold. But Bitcoin is not the clear winner in all factors I am just saying Bitcoin based on my understanding in the OP is better than Gold.

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August 02, 2017, 02:23:30 PM
 #8579

This year is bitcoin year, because bitcoin holders can enjoy profit on their investment. And I'm sure, the percentage is higher than gold.


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August 02, 2017, 02:52:55 PM
 #8580

For 10 years,i think gold better then bitcoin,coz gold low risk
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