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Author Topic: Bitcoin or gold?  (Read 984414 times)
GreenStox
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July 17, 2015, 06:14:02 PM
 #941

Gold removes all third party risk.  You hold it in your hands, its yours and requires no other input.  You can sell, barter and trade at will completely off grid.


The ever increasing and more advanced fakery certainly adds a healthy chunk of third party risk. Actually getting someone else to accept your gold in exchange for something is likely to be a hard sell too beyond a hard core.

Once you step beyond what you can hold in your hands it becomes vapour along with all the other financial products.

Definitely, you dont want to hold 10 tons of gold bars below your bed to find out it was actually wolfram-led bars plate with gold paint.

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July 18, 2015, 05:55:18 AM
 #942

Gold is shiny and looks pretty if your that type of character where you fund happiness and comfort from physical stuff lke gold then it is better for you

Gold is always better if you compare it with bitcoin. As people have more faith in gold and it is more popular as compared to the bitcoins. So people would prefer more to invest in gold especially the older generation as they don't know anything about the bitcoins.

Gold is just win only thing from bitcoin. That is its stable price, others than that bitcoin win it for sure. Bitcoin is just the same as gold if you compared it by the price, gold has a stable price which is good for a long investment besides bitcoin has a volatile price and you can get profit from it everyday if you know how to manage it. Both if them are sure profitable




Gold is shiny and looks pretty if your that type of character where you fund happiness and comfort from physical stuff lke gold then it is better for you

Gold is always better if you compare it with bitcoin. As people have more faith in gold and it is more popular as compared to the bitcoins. So people would prefer more to invest in gold especially the older generation as they don't know anything about the bitcoins.

What about invest in gold whit bitcoin? I have a 20% on gold and 80% on bitcoin

Invest gold using bitcoin? That is a pointless thing to do
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July 18, 2015, 07:31:02 AM
 #943

I would buy gold to play it safe.
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July 18, 2015, 08:05:11 AM
 #944

here in France,  on economic news there is a lot of gold bashing...
for me its a good clue for investment in gold
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July 18, 2015, 08:22:40 AM
 #945

Gold is shiny and looks pretty if your that type of character where you fund happiness and comfort from physical stuff lke gold then it is better for you

Gold is always better if you compare it with bitcoin. As people have more faith in gold and it is more popular as compared to the bitcoins. So people would prefer more to invest in gold especially the older generation as they don't know anything about the bitcoins.

Gold is just win only thing from bitcoin. That is its stable price, others than that bitcoin win it for sure. Bitcoin is just the same as gold if you compared it by the price, gold has a stable price which is good for a long investment besides bitcoin has a volatile price and you can get profit from it everyday if you know how to manage it. Both if them are sure profitable

you call this a stable price? http://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

look from 2000 to 2015 basically gold returned to its primarely value, after an ath of more than 2k, a loss of almost 85%

from 350 to 1600 to today price in 15 years only, not very different than what bitcoin is doing right now...

the stability of gold is overrated
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July 18, 2015, 08:23:14 AM
 #946

ofcourse i chose gold

why ?
because bitcoin will bankrupt / smthing

and gold u can keep it until u die xD

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July 19, 2015, 02:35:52 PM
 #947

i choose bitcoin, we dont know what happens in the future,
of course at that time the technology will be developed, will require payment that is easy and fast, bitcoin will be very useful when it
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July 19, 2015, 05:30:58 PM
 #948

I would buy gold to play it safe.

There's no excitement in playing it safe. Might as well just stick in cash rather than gold. Bitcoin has far greater potential for gains in my opinion. Just look at the 20% price increase recently. Could have sold for quite a profit.
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July 19, 2015, 07:23:34 PM
 #949

ofcourse i chose gold

why ?
because bitcoin will bankrupt / smthing

and gold u can keep it until u die xD
Gold is of course first choice for many but on current price bitcoin is also not bad choice because its spreading and now many good companies trying to accept this as payment method
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July 19, 2015, 08:19:05 PM
 #950

both. among bitcoin or gold that is investation good for me.
gold is investation can survive longer period. if bitcoin the value is not stable, everytimes can change and hve fluktuation.
but for me, i will choose gold may be.  Grin

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July 20, 2015, 12:00:00 AM
 #951

i choose gold, course it very safe for me
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July 20, 2015, 12:26:45 AM
 #952

I would definitely choose Bitcoin, oh, I already did. I believe it will go up, because Bitcoin is still new compared to gold ( I mean market ).
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July 20, 2015, 12:33:00 AM
 #953

Frankly, I do not understand the current decline in the price of gold. Despite the Greece crisis and the China stock market crash, gold traded weaker, while one would have expected at capital flight into this safe haven asset at least to some degree. I don't know if the gold price is subject to manipulation, but it's clear, that it's not real physical gold which is traded at the Comex.

It's very difficult to predict where the gold price will be heading in the coming months. To me, precious metals still remain an important alternative to Bitcoin. I can not imagine that in an age of excessive debts and quantitative easing the value (as measured in fiat) of precious metals will stay constant or decline.

Maybe we're currently experiencing the final hiccup before the great leap upward...

ya.ya.yo!

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July 20, 2015, 01:43:51 PM
 #954

Frankly, I do not understand the current decline in the price of gold. Despite the Greece crisis and the China stock market crash, gold traded weaker, while one would have expected at capital flight into this safe haven asset at least to some degree. I don't know if the gold price is subject to manipulation, but it's clear, that it's not real physical gold which is traded at the Comex.

This is why gold isn't always a great investment. I think it could or will last longer than bitcoin (assuming the worst case that bitcoin is superseded by something better) but I think there's far more money to be made from bitcoin to be honest.
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July 20, 2015, 02:02:36 PM
 #955

Frankly, I do not understand the current decline in the price of gold. Despite the Greece crisis and the China stock market crash, gold traded weaker, while one would have expected at capital flight into this safe haven asset at least to some degree. I don't know if the gold price is subject to manipulation, but it's clear, that it's not real physical gold which is traded at the Comex.

It's very difficult to predict where the gold price will be heading in the coming months. To me, precious metals still remain an important alternative to Bitcoin. I can not imagine that in an age of excessive debts and quantitative easing the value (as measured in fiat) of precious metals will stay constant or decline.

Maybe we're currently experiencing the final hiccup before the great leap upward...

ya.ya.yo!

it was expected in reality, because gold, contrary to the general belief, isn't safe at all and with the usage of digital gold more now vs in the past, i'm quite sure that gold is manipulated as well, maybe not like bitcoin but there is indeed a manipulation on the long term, also it wasn't said that gold can be reproduced synthetically?

if this is true, it can be bad for gold, because its scarcity will be compromised, and you will get a inflationary assets that can only lose value over time



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July 20, 2015, 02:12:15 PM
 #956

i choose gold, dold is investation for long time, but if bitcoin having fluctuation.
but both is good.
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July 20, 2015, 02:26:12 PM
 #957

If you are going to buy scrap metal at least buy silver.. although copper (not a scrap metal) is better than both imo
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July 20, 2015, 02:41:29 PM
 #958

well for me .. it would be gold ..perhaps ..


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July 20, 2015, 03:01:20 PM
 #959

i choose gold, dold is investation for long time, but if bitcoin having fluctuation.
but both is good.

You signed up to post that?  Cheesy How do you know bitcoin can't be an investment for long time? I think bitcoin could take over the world eventually and if it did the value of bitcoin would go through the roof.
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July 20, 2015, 03:50:26 PM
 #960

i choose gold, dold is investation for long time, but if bitcoin having fluctuation.
but both is good.

You signed up to post that?  Cheesy How do you know bitcoin can't be an investment for long time? I think bitcoin could take over the world eventually and if it did the value of bitcoin would go through the roof.

He signed up to share his opinion with us, I see no problem here..
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