Bitcoin or gold?

[Vinalians]

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.

well this post is over 3 years ago ,but the point here is which would i choose, bitcoin or gold, well i will choose bitcoin, bitcoin price keep increasing time by time and it is decentralized that's why it is balance no one handle or managing it, i will keep bitcoin until i have a kids.

[1714951346]

1714951346

[1714951346]

1714951346

[1714951346]

1714951346

[1714951346]

1714951346

[1714951346]

1714951346

[1714951346]

1714951346

[channingwilmer]

With today's price of bitcoin, I will choose bitcoin. The price of bitcoin is constantly growing faster than the price of gold. It will take longer if you invested your money on gold than on bitcoin. You just have to pick the right time and in just a year or two you will get a better profit.

gold is not a good option in this generation. Bitcoin has proved that it will bring much more money than gold and if you are wise investors, invest your money in bitcoin is never a bad idea. Bitcoin is a safe and profitable place to invest right now

[Rizky Aditya]

Gold is easy to track because it has global tracking system, while bitcoin is much rare because there is a limited amount of it that can come into existence, the software stops producing beyond that limit, it is also untrackable and highly encrypted.

You have nicely explained the main reasons that are giving bitcoins an edge over gold. Indeed the limited supply of bitcoins is making them the rare commodity in the world of assets. There is one similarity between gold and bitcoin that both are treated as assets. Many investors that are holding bitcoins are not ready to trade them.

[HasHe]

I would like to go with the innovative technology of this century bitcoin,the digital gold.I do agree that gold has been saved for centuries and it is a safe asset.But bitcoin is also a safe investment since it works on a secure blockchain system.Bitcoin gives very high returns within a small period when compared to gold.Since gold is a physical asset,it is difficult to save when compared to bitcoin which is a digital investment and it could be saved easily even in pen drives and taken easily wherever we move.

[jostorres]

I would choose both, half on bitcoin and half on gold. Don't rely on one product because you do not know what the future will offer. Realizing that one of these may prove to be a bad financial decision but we can recover the losses from other products we have invested.

I would like to correct you that both are long term investments. The bitcoin investors are not ready to trade with their bitcoins or to spend them on trivial things. Even when the bitcoins are accelerating towards the sky, people are not selling them off or cashing them out in a hope that the prices will further rise. Investors are willing to hold bitcoins for years.

Yes, you can only grab bitcoins from exchanges. Stock markets have nothing to do with bitcoins. No company is offering shares in bitcoins. Bitcoins have given us freedom and full control over our money. We are no more bound to listen to government sick policies of snatching our money from us. Thank you bitcoins for setting us free!

[rizkyaza]

I would choose both, half on bitcoin and half on gold. Don't rely on one product because you do not know what the future will offer. Realizing that one of these may prove to be a bad financial decision but we can recover the losses from other products we have invested.

I would like to correct you that both are long term investments. The bitcoin investors are not ready to trade with their bitcoins or to spend them on trivial things. Even when the bitcoins are accelerating towards the sky, people are not selling them off or cashing them out in a hope that the prices will further rise. Investors are willing to hold bitcoins for years.

Yes, you can only grab bitcoins from exchanges. Stock markets have nothing to do with bitcoins. No company is offering shares in bitcoins. Bitcoins have given us freedom and full control over our money. We are no more bound to listen to government sick policies of snatching our money from us. Thank you bitcoins for setting us free!

It's so bitcoin made to be uncontrollable in the sense that there is no connection between bitcoin and government rules so that bitcoin users will be tax-free, if it is also only your income tax is not its bitcoin ownership, but my advice still be careful because now many frauds In the name of ico.

[pugman]

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 ,and the reason why would  be that in a few years gold will become extinct and bitcoin will still be there. So the demand for gold will be way more than that of bitcoin. Any business man would choose gold if the choice is between gold and bitcoin because they know that gold will benefit them way more than bitcoin.

[reisuke24]

surely gold if for  long time.
because, gold price is stable, if down it will not much.
gold will survive until the end, and bitcoin we dont know, even just for 10 years

[peterspijzer]

for now my choice will be BITCOIN, because of the trending bullmarket, in comparison with GOLD

both vehicles are so called "infinite", so now we can compare the two assets

althought GOLD have been worldwide recognized over the past decades, it is just not bull market now

we don't know what BITCOIN will bring in 4 or 8 years, but for now i would choose for BITCOIN,
and keep some GOLD in a beautiful shelter, for backup,
because there is always a (little) change that BITCOIN will fall to zero

and suppose that there is no internet-connection or worse, suppose that the electricity falls out !!
then gold & silver will do


lets call GOLD the analogue GOLD
lets cal BITCOIN the digital GOLD



any comments?

[babo]

surely gold if for  long time.
because, gold price is stable, if down it will not much.
gold will survive until the end, and bitcoin we dont know, even just for 10 years

gold is asset because u can use it
gold is a noble metal
no acid can dissolve it

dont need energy or fullnode for exist

bitcoin is "egold" but for me, isnt an asset

[man1996]

I think investing in bitcoin is more safe.
as bitcoin is gaining its strength day by day.
and also  bitcoin is online and it is easy to buy and sell.So i think bitcoin is a better choice

[0Pirats0]

I choose bitcoin and gold. You can not keep all your assets in one basket so as not to lose everything in case of a collapse or to remain with minimal losses if the distribution is correct.

[BaraxLo]

I choose bitcoin and gold. You can not keep all your assets in one basket so as not to lose everything in case of a collapse or to remain with minimal losses if the distribution is correct.

That’s a wise move. The more diversified portfolio you have, the more chances are there of yours to be rich in short time. Gold is though much more stable than bitcoins but not capable of producing profits like bitcoins. I will also choose to invest into both to be on the safe side.

[babo]

To save only in gold.You can not save in bitcoins, there is no internet, there are no bitcoins, there is no electricity, there are no bitcoins.

exact, but if our race (humankind) become a singularity and use in efficient mode the universe-energy
bitcoin can become "eGold"

energy is real richest assets, without energy nothing can be done

[farwellbit]

I would like to go with the innovative technology of this century bitcoin,the digital gold.I do agree that gold has been saved for centuries and it is a safe asset.But bitcoin is also a safe investment since it works on a secure blockchain system.Bitcoin gives very high returns within a small period when compared to gold.Since gold is a physical asset,it is difficult to save when compared to bitcoin which is a digital investment and it could be saved easily even in pen drives and taken easily wherever we move.

Indeed! Both are among the most expensive assets of the world but I believe bitcoins do surpass bitcoins. The volatile nature of bitcoins makes them achieve the prices that gold can’t touch in short time. The old investors of gold are now moving towards bitcoins.

[Kray]

Gold 70% bitcoin 30%, I prefer gold because in my country bitcoin is still illegal and it will be a bit difficult to choose bitcoin whereas my country has many people who have gold for asset, and at the other side both gold and bitcoin are surely have their own respective of advantage in each different countries

[peterspijzer]

kray

what country you'r talking about?

[EddyGameta]

I might put 65% to bitcoin and 35% to gold, I think bitcoin will have higher selling prices in the next 10 years because right now the just 5 years old bitcoin already has a fairly high selling price, and gold is for my needs in the real world because there will definitely be unexpected needs in the real world and gold will be the very fast one to be converted into cash while bitcoin will be a bit time consuming to be converted into cash.

[TitanGEL]

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.

If I will choose between bitcoin and gold, I will choose bitcoin because the progress of the bitcoin is more good than gold. I know both of them are really important and profitable but I saw many charts that bitcoin has more potential than gold.

[wildey]

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.

If I will choose between bitcoin and gold, I will choose bitcoin because the progress of the bitcoin is more good than gold. I know both of them are really important and profitable but I saw many charts that bitcoin has more potential than gold.

Yes, bitcoin is good enough if used in short, or long investment. Well, but gold can only be a long-term investment, and it is very difficult to trade with it. for now, I choose bitcoin to increase my income.