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Author Topic: Bitcoin or gold?  (Read 984412 times)
ankit10
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August 05, 2017, 06:30:16 PM
 #8621

imagine a zombie apocalypse world , no internet or electricity. what currency would we use ? i think survival skills is more important also luck. you need a lot of luck to survive like a hero in movies like 2012 . even if building or plane crash you always finds a way to survive.
You read  the op's post before posting?You can give simple answers in which you want to convert your all wealth .
And eveb if Zombie attack on whole world then how you are going to live here, everyone will die .
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August 05, 2017, 10:34:05 PM
Last edit: August 08, 2017, 02:07:19 AM by wahb
 #8622

For me bitcoin is gold. In fact, gold bullion is a useless metal that people have agreed among themselves to appreciate. Similarly, you can appreciate the bitcoin to use bitcoin much easier and profits much more.
i think bitcoin is more precious that gold. because we can  get more profit from bitcoin as compare to gold. actually there is always big fluctuation in the price of bitcoin which enable us to trade bitcoin in a reasonable price and get good profit from it. but Gold has a very stable price and there are always very little chance to make good profit from gold.
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August 05, 2017, 10:36:47 PM
Last edit: August 09, 2017, 01:29:21 AM by BunnyShibe
 #8623

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 chose bitcoin because I believe in 10 years Bitcoin will really develop over now. While the gold selection is too math, it hardly grows. But Bitcoin is different when it is developing, many countries accept it, using it as a world currency
to me i will like to choose bitcoin, because the profit that i can get from bitcoin cannot even expect from gold. therefore bitcoin will be my first choice.in fact bitcoin has a great potential and there are more expectation that its price will increase and will reach to 4000$ very soon so we should not waste the time and should invest money there.
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August 06, 2017, 03:04:38 AM
 #8624

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 chose bitcoin because I believe in 10 years Bitcoin will really develop over now. While the gold selection is too math, it hardly grows. But Bitcoin is different when it is developing, many countries accept it, using it as a world currency
to me i will like to choose bitcoin, because the profit that i can get from bitcoin cannot even expect from gold. therefore bitcoin will be my first choice.


I believe that bitcoins has still long way to go to compete with the value of gold. Either ways we can make money out of it but i chose gold since its value is already proven and it increases over the years unlike bitcoins that depends on technology.
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August 06, 2017, 05:03:18 AM
 #8625

Practically, bitcoin ia better than Gold. Its easy to earn and posesses cool features. In my whole life, i never got a chance to have Gold in my hand. On another hand, Gold is more stable than Bitcoin, it has  amazing value since then unlike Bitcoin that has unpredictable value which makes it risky. Both are good, have it at the same time. Good means of investment.
I agree with you. Gold and bitcoins, both are amazing investments. But the problem with gold is damn stability. Gold does not provide profit within short time like bitcoins. Bitcoins are more profitable than gold due to their volatile nature. They can any minute make you rich b touching sky.

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August 06, 2017, 05:28:30 AM
 #8626

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 gold. I am very scared that in the future some fast hardwaresystems going to be able to break all crypto system hacking all the seeds. I do not believe this system is going to work for 10 years. A more developped alternative may take bitcoins place.
I think it's an investment risk in cryptocurrency, where hacking, chaotic systems etc happen to online commodities like cryptocurrency, while using gold you do not have to be afraid of hacking, because they will not be able to do that, besides gold More secure than bitcoin
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August 06, 2017, 07:49:48 AM
 #8627

If we look at the trend of bitcoin values higher than in gold. I prefer to invest some of my money into bitcoin and partly for gold so that the risk is less.
Hmm somehow you are just saying something which you didn't even think that what you have said I mean if you are having precious thing like a bitcoin then why you would go for gold as well. As you become a lover of bitcoin then you will forget about cheap services of the world which is 100% disturbing you in a daily life while bitcoin is relaxing you daily.

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August 06, 2017, 11:09:25 AM
 #8628

Maybe i would choose gold, Because you become being rich and you can buy anything you want. If you are rich you can bitcoin even you have money because gold maybe it going to disappear if you cannot use it in good way.
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August 06, 2017, 12:24:14 PM
 #8629

Why not both? It’s true that bitcoin has more advantages than gold. It’s more secured and transparent. Its value will continue to rise as is the demand for it. But we should not also cast aside gold just yet. Gold has persisted for many years as a store of value for a reason. Gold has proven that it can stand the test of time, that it is durable and will endure more years to come. I think it will continue to persist for at least another generation or two.
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August 06, 2017, 12:41:19 PM
 #8630

Why not both? It’s true that bitcoin has more advantages than gold. It’s more secured and transparent. Its value will continue to rise as is the demand for it. But we should not also cast aside gold just yet. Gold has persisted for many years as a store of value for a reason. Gold has proven that it can stand the test of time, that it is durable and will endure more years to come. I think it will continue to persist for at least another generation or two.

Unless you are already uber-rich, I would suggest you to purchase Bitcoin. Gold is very effective for preserving your wealth. But it is not really good for increasing your net worth. 
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August 06, 2017, 12:45:44 PM
 #8631

Why not both? It’s true that bitcoin has more advantages than gold. It’s more secured and transparent. Its value will continue to rise as is the demand for it. But we should not also cast aside gold just yet. Gold has persisted for many years as a store of value for a reason. Gold has proven that it can stand the test of time, that it is durable and will endure more years to come. I think it will continue to persist for at least another generation or two.
Agreed, choose both because gold is a rare metal and its value is very high, and the price of gold is rising steadily every year although very low but it is enough to prove the gold never loses appeal, in short, it is a safe investment option in the long run. Talk about Bitcoin, it really is a miracle, the value of bitcoin increases very quickly in just a few years, beat gold and become an ideal investment destination, but it also has many risks and future of Bitcoin is still a big question. Therefore choose both will optimize profits and limit risk

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August 06, 2017, 01:25:15 PM
 #8632

If we look at the trend of bitcoin values higher than in gold. I prefer to invest some of my money into bitcoin and partly for gold so that the risk is less.
Hmm somehow you are just saying something which you didn't even think that what you have said I mean if you are having precious thing like a bitcoin then why you would go for gold as well. As you become a lover of bitcoin then you will forget about cheap services of the world which is 100% disturbing you in a daily life while bitcoin is relaxing you daily.
You don't have to blame Elsaveronicha for what he/she said and it because of the unity which is not in bitcoin which leads to the hard forks. Therefore, most people who don't really understand bitcoin are having a second thought.

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August 06, 2017, 02:09:30 PM
 #8633

Gold, because gold has a stable price

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August 06, 2017, 02:40:03 PM
 #8634

Gold, because gold has a stable price
I think you're wrong when you said gold has a stable price because no commodity ever had a stable price. However,  you don't know what bitcoin is or what bitcoin is capable of. Have you ever read or hear about Erik Finann?

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August 06, 2017, 03:57:33 PM
 #8635

As most families does when a child born is to buy gold, and give a gift to the child being silver, bronze, gold, i havent bought any gold since then, atleast not for me. I dont see any advantage into save my money over gold since its regulated and controlled by countries and banks, bitcoin has bringed freedom to all investors, which does invest their savings over bitcoin and crypto and dream into get rich, or atleast be safe against banks control and power.
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August 06, 2017, 04:38:51 PM
 #8636

Bitcoin provides a huge advantage at least current price, many investors are smiling happily for his efforts to hold or use it for anything else. But in any case, i still choose gold as longterm investment.

 
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tleilaxu_eyes
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August 06, 2017, 04:45:39 PM
 #8637

Why not both? Half BTC, half gold. Of course, if I were to buy a metal, I would buy palladium.

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August 06, 2017, 05:18:01 PM
 #8638

For shortterm investments bitcoin very appropriate. Due to volatility still high, so we can make more transactions on exchange. And gold, has long been longterm investment and fact is indisputable. For me as a generation today, more interested in bitcoin. Because, i can get bigger profits.

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August 06, 2017, 05:52:39 PM
 #8639

Why not both? Half BTC, half gold. Of course, if I were to buy a metal, I would buy palladium.


And I would have bought half a kilogram Californium Grin
But choosing between bitcoin and gold, I will choose bitcoin. This coin attracts me with a rapid price increase. Gold can be used simply for storage and does not hope that it will soon become several times more expensive

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August 06, 2017, 06:26:41 PM
 #8640

Maybe i would choose gold, Because you become being rich and you can buy anything you want. If you are rich you can bitcoin even you have money because gold maybe it going to disappear if you cannot use it in good way.
yeah but main purpose for which he is asking is for investment to become rich in the end which is not possible by gold. you must have to buy bitcoin for investment purpose because the price or the gold is stable over the year and it is not the best time to invest in gold.
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