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Author Topic: Bitcoin or gold?  (Read 984412 times)
gekon
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September 14, 2017, 05:16:14 AM
 #9081

Bitcoin and gold is really a difficult decision. Gold is a basic valuable thing , Bitcoin is the new thing. So it gonna seperates into 2 situation:
- You're a safe man, no risk ? choose gold, gold can lose a few valuable but they won't become valueless.
- You're a risk man , choose Bitcoin, Bitcoin is a new digital currency that can change the world but there are still some doubtful about it's values. But if it can change the world, it's valuable will become more expensive day by day.
So which one will you choose?
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Sled
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September 14, 2017, 05:54:44 AM
 #9082

Bitcoin and gold is really a difficult decision. Gold is a basic valuable thing , Bitcoin is the new thing. So it gonna seperates into 2 situation:
- You're a safe man, no risk ? choose gold, gold can lose a few valuable but they won't become valueless.
- You're a risk man , choose Bitcoin, Bitcoin is a new digital currency that can change the world but there are still some doubtful about it's values. But if it can change the world, it's valuable will become more expensive day by day.
So which one will you choose?
Don't settle for one source of income because it will not make you secure in the future because as long as you can, always diversify your money and spread it to the different kind of investment that are good for long term and not only the popular ones that is hyping you. Invest some in gold and some in bitcoin so you can have a great, well balanced portfolio.
kiloiko
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September 15, 2017, 07:28:16 AM
 #9083

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.
For long time investment, I'll go with Gold. It is already proven that Gold is a good investment because it's been used through decades by different countries. And Bitcoin is still young, there's no assurance that it will be still on top of other cryptos for that period of time. Also, Gold has a physical value which is an advantage for an investment.
Though bitcoin is young but it has clearly beaten gold in price race. Bitcoins have more potential of producing large profits than gold ever did in the history. I don’t think so gold is by any means better than bitcoins for long term investments. Bitcoins are not going to let gold win this race at all.
Daimon88
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September 15, 2017, 08:03:54 AM
 #9084

I prefer gold, because it's existence is longer than bitcoin, it's recognized worldwide and the price is stable. While bitcoin is just a virtual currency that costs erratically.
This is what might be best suitable to you but I think that holding of both will make your work more difficult to manage. I would opt for any one of these and that Bitcoin of course instead of Gold. Bitcoin has much more market value as compared to gold and it will help you earn much more money as well.

Ngewex Yuk
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September 15, 2017, 09:37:24 AM
 #9085

Of course bitcoin, it's been proven and no doubt that bitcoin investment is the most profitable, we never find gold can go up to tens of percent in a day but that is normal in bitcoin.

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September 15, 2017, 09:50:24 AM
 #9086

Definitely bitcoin. Because with bitcoin you can make a lot of profit because the value can go up and down within just a couple of days, wich it did. it went from 5k to 3k in just like a week.
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September 15, 2017, 10:30:01 AM
 #9087

I choose bitcoin after 5 years bitcoin has a good performance, it becomes higher and higher and become in demand in the world many people now knows what is bitcoin all about and many people wants to invest in bitcoin because of high profit and gold just increase a small amount and we know the gold is proven many years but the increase is so small unlike bitcoin proven the higher increase in just 5 years.
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September 15, 2017, 10:34:41 AM
 #9088

the number of people on here who have only bought bitcoin for speculation - not even as an investment portfolio hedge - shows me that BTC will collapse.
whilst blockchain technology has value, anything built on it without an underlying asset has no value
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September 15, 2017, 10:38:08 AM
Last edit: September 15, 2017, 08:45:50 PM by deisik
 #9089

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.
For long time investment, I'll go with Gold. It is already proven that Gold is a good investment because it's been used through decades by different countries. And Bitcoin is still young, there's no assurance that it will be still on top of other cryptos for that period of time. Also, Gold has a physical value which is an advantage for an investment.
Though bitcoin is young but it has clearly beaten gold in price race. Bitcoins have more potential of producing large profits than gold ever did in the history. I don’t think so gold is by any means better than bitcoins for long term investments. Bitcoins are not going to let gold win this race at all.

It cuts both ways evidently

And it is a double-edged word at that, with which you should be particularly careful. Just like Bitcoin has the potential of producing hefty profits, it can just as easily produce insane losses. Which is what we have seen the last week, and now people are complaining that Bitcoin caused them severe pain by taking away their money. So it in fact remains to be seen who is to win gold in this race (pardon the pun)

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September 15, 2017, 12:38:59 PM
 #9090

the number of people on here who have only bought bitcoin for speculation - not even as an investment portfolio hedge - shows me that BTC will collapse.
whilst blockchain technology has value, anything built on it without an underlying asset has no value
That is not true, most of the people in cryptocurrency world buy bitcoin because they want to add it on an investment portfolio that they have because they want to have it for long term and they already saw the things that is best with bitcoin and that is why they are buying and adding it on their portfolio for long term investments.
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September 15, 2017, 12:52:28 PM
 #9091

I think either way both will forever have value.   How much on BTC in 10 years, i don't know I hope a lot. But gold if you are more short term you could go almost to any country and spend it.  Even remote no internet can chances are find someone to buy gold. BTC you need to be in a country that has technology with internet, etc.  So I see it really depending on your plan on where you will be going or retiring.

Allan Ramanda
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September 15, 2017, 01:05:50 PM
 #9092

depending on the way one thinks, if the person is not experienced with bitcoin for what choose bitcoin, for me choose both, with bitcoin we can develop it and if with gold is something that will never lost or replaced by others
bry0908
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September 15, 2017, 01:17:29 PM
 #9093

well.. now  a days... bitcoin is more affordable and easy to get.. unlike gold which is you need more money to obtain it. and in terms of usable in evryday life... its more comfortable to use bitcoin in everyday life.we can pay using bitcoins in store while gold...?? I dont think so...::)thanks
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September 15, 2017, 01:26:29 PM
 #9094

They have value both, bitcoin is do not have a permanent price anytime the price can be down or rise, unlike gold ,I'm not really sure but as far as I know the value of gold is rise depends on how pure is gold.
Rasel5209
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September 15, 2017, 02:35:44 PM
 #9095

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.
first i tell gold is not invest for our cause we know good invest method. if you see last 5 year market price. you saw btc price high increase but gold not high increase. so i tell btc is best.


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danim1130
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September 15, 2017, 03:38:00 PM
 #9096

For me both of the two choices is the best, because bitcoin is decentralized and until now the price of it still increases, and also not traceable so that all of the money here have no taxes,,. in GOLD the government can manipulate the price but still it is still valuable.
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September 16, 2017, 02:17:46 AM
 #9097

Both bitcoin and gold as long as I can invest and I can grow my money.
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September 16, 2017, 03:15:20 AM
 #9098

Although bitcoin is very profitable and proven to beat bitcoin, but I will make gold as second choice after bitcoin, my simple reason is gold stable and never drop the price to tens of percent in a year.

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September 16, 2017, 04:14:54 AM
 #9099

Of course I will choose both, and for the percentage distribution then I set 75% for gold and the rest bitcoin, the thing that makes me still optimistic in gold than bitcoin is the gold price is very stable, and when I need money suddenly then I can immediately money without need an exchanger and the price too drop.


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September 16, 2017, 04:48:39 AM
 #9100

The current bitcoin price is very rising, and in the last few months I've made bitcoin the top choice compared to other investments including gold. this is because bitcoin is very profitable.
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