neochiny
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2015, 05:15:34 PM |
|
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 take gold. Bitcoin is just here for 5 years is very volatile. I remember when I was looking into buying gold at $800 but that was 7 years ago. Now at $1160. should of bought at that time. It will always appreciate and never go down in a large quantity all at one time. Maybe $50 shift here and there but it is a pretty solid investment. Btc is all over the map and it topped at $1200 at it's peak. Could we see that again? Nobody can guarantee this. No one can guarantee anything unless you have a time machine which I don't anyone has, so the point is, we should act by possibilities. Does Bitcoin have higher possibilities of going way higher than we can imagine than it has to never reach the latest ATH? I would say yes. The CEO of Xapo puts it as a 80% possibility of Bitcoin going to 500.000-1 million dollar in the next decade. If you don't like the idea, you can always hold gold and hope for some boring gains. 500,000-1mill? thats a bit too big for one decade and if that happens dollar will be worthless. so i dont it will go that big even in 2 decades.
|
|
|
|
Ninjahitoko
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2015, 05:44:51 PM |
|
Gold's value will reach 1million per 3 ounces in 2100
|
|
|
|
AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2015, 08:48:13 PM |
|
Gold is for women and if the jewelry looks awesome its price can go much higher. Especially for wedding rings these cost a lot but people doesn't care to much. Comparing to bitcoin which is in every field the same, but investing there i see more advantages.
The thing with wedding rings is that most of the cost is actually the jeweler's profit, rather than the metal itself.
|
|
|
|
smith coins
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2015, 08:50:42 PM |
|
Gold is for women and if the jewelry looks awesome its price can go much higher. Especially for wedding rings these cost a lot but people doesn't care to much. Comparing to bitcoin which is in every field the same, but investing there i see more advantages.
The thing with wedding rings is that most of the cost is actually the jeweler's profit, rather than the metal itself. That's the point of these wedding rings, earning from gold as a metal (if the price is higher), And at the same time earn from its design as a jewelry. Why not earning from both ways. But it really needs luck to make this happen.
|
|
|
|
RealBitcoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2015, 08:55:58 PM |
|
i choose gold,just because gold is real ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) So what you think bitcoin is a fantasy? Just because it's digital? What about your digital bank account, thats more a fantasy than bitcoin, becasue the money there is made up printed money.
|
|
|
|
AlexGR
Legendary
Offline
Activity: 1708
Merit: 1049
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2015, 09:13:45 PM |
|
Gold is for women and if the jewelry looks awesome its price can go much higher. Especially for wedding rings these cost a lot but people doesn't care to much. Comparing to bitcoin which is in every field the same, but investing there i see more advantages.
The thing with wedding rings is that most of the cost is actually the jeweler's profit, rather than the metal itself. That's the point of these wedding rings, earning from gold as a metal (if the price is higher), And at the same time earn from its design as a jewelry. Why not earning from both ways. But it really needs luck to make this happen. That's mostly in the west btw. In India jewelry costs much closer to the actual price of the metal used.
|
|
|
|
smith coins
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2015, 09:26:54 PM |
|
Gold is for women and if the jewelry looks awesome its price can go much higher. Especially for wedding rings these cost a lot but people doesn't care to much. Comparing to bitcoin which is in every field the same, but investing there i see more advantages.
The thing with wedding rings is that most of the cost is actually the jeweler's profit, rather than the metal itself. That's the point of these wedding rings, earning from gold as a metal (if the price is higher), And at the same time earn from its design as a jewelry. Why not earning from both ways. But it really needs luck to make this happen. That's mostly in the west btw. In India jewelry costs much closer to the actual price of the metal used. Mostly that depends on luck if you can sell that golden ring or jewelry. And as you said depending in which country is these rings target. I prefer more using/investing in bitcoin as it is digital, and trades are faster than gold.
|
|
|
|
Quinn
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2015, 10:52:40 PM |
|
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 take bitcoin. Gold is losing its shine, while bitcoin is going up.
|
|
|
|
Hugroll
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 13, 2015, 10:58:05 PM |
|
gold is kinda boring to me. ive had my investments in gold before and its just not exciting so im gna stick with bitcoin for now
|
|
|
|
Poppy
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2015, 12:41:18 AM |
|
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.
Bitcoin is everywhere and is accepted worldwide. Gold is not a good investment for now.
|
|
|
|
Pantheon
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2015, 01:13:15 AM |
|
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 now, I would pick gold. Gold has made a strong recovery over the past week.
|
|
|
|
prodigy8
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2015, 09:14:47 AM |
|
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 now, I would pick gold. Gold has made a strong recovery over the past week. Gold price does not change dramatically like the price of bitcoin. Bitcoin price sometimes is not stable and you can or win or lose a lot. Gold has been in the 'market' for a long time and it has more trust.
|
|
|
|
gon
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2015, 09:22:31 AM |
|
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 now, I would pick gold. Gold has made a strong recovery over the past week. gold is stable as of now but in the long run i think bitcoin will own gold but that will take some years before that could happen
|
|
|
|
n2004al
Legendary
Offline
Activity: 1134
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2015, 01:03:40 PM |
|
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 now, I would pick gold. Gold has made a strong recovery over the past week. You must see more than some weeks to find the real trend of the price of the gold. Below are the prices of gold the lasts 5 years. The trend is the decrease of price. I told 5 years. In the post above yours and quoted by you is written that bitcoin has only 5 years of life. Recall something in your mind this coincidence? I don't want to believe this because it could be an coincidence, but 5 years are even the amount of years in which the price of gold began and was decreased. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjvmFwMU.png&t=665&c=wNDRDvvsaFKB8w)
|
|
|
|
Violincoin
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2015, 01:04:48 PM |
|
They are both good. Bitcoin and gold.
|
|
|
|
markj113
Legendary
Offline
Activity: 2254
Merit: 1043
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2015, 01:56:31 PM |
|
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 now, I would pick gold. Gold has made a strong recovery over the past week. You must see more than some weeks to find the real trend of the price of the gold. Below are the prices of gold the lasts 5 years. The trend is the decrease of price. I told 5 years. In the post above yours and quoted by you is written that bitcoin has only 5 years of life. Recall something in your mind this coincidence? I don't want to believe this because it could be an coincidence, but 5 years are even the amount of years in which the price of gold began and was decreased. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjvmFwMU.png&t=665&c=wNDRDvvsaFKB8w) Your out of your mind if you are saying bitcoin is the reason why gold prices have dropped the last 5 years ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
|
|
|
|
n2004al
Legendary
Offline
Activity: 1134
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2015, 02:25:08 PM |
|
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 now, I would pick gold. Gold has made a strong recovery over the past week. You must see more than some weeks to find the real trend of the price of the gold. Below are the prices of gold the lasts 5 years. The trend is the decrease of price. I told 5 years. In the post above yours and quoted by you is written that bitcoin has only 5 years of life. Recall something in your mind this coincidence? I don't want to believe this because it could be an coincidence, but 5 years are even the amount of years in which the price of gold began and was decreased. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjvmFwMU.png&t=665&c=wNDRDvvsaFKB8w) Your out of your mind if you are saying bitcoin is the reason why gold prices have dropped the last 5 years ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Who told this? My words are only an hypothetical reasoning. No one of my sentences or words tell that the decrease of the price of gold is caused by the invention of bitcoin. Even this could be theoretically possible. Who can understand the market. Maybe the Illuminati are behind this mystery. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
|
|
|
|
LieTOme
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2015, 02:46:01 PM |
|
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 now, I would pick gold. Gold has made a strong recovery over the past week. You must see more than some weeks to find the real trend of the price of the gold. Below are the prices of gold the lasts 5 years. The trend is the decrease of price. I told 5 years. In the post above yours and quoted by you is written that bitcoin has only 5 years of life. Recall something in your mind this coincidence? I don't want to believe this because it could be an coincidence, but 5 years are even the amount of years in which the price of gold began and was decreased. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FjvmFwMU.png&t=665&c=wNDRDvvsaFKB8w) Your out of your mind if you are saying bitcoin is the reason why gold prices have dropped the last 5 years ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) no one can predict the price in the market. if bitcoin affect the market, then the gold investment has moved to bitcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
dollarneed
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2015, 03:02:52 PM |
|
Everyone had their opinions about bitcoin or gold, but honestly both are important, you can make more money via gold or even Bitcoin, the most important is find your own strategy to earn much profit from them, as for me, just for long term investment, i prefer to choose gold over bitcoin,because investing in gold is not like investing in stocks or even bitcoin. It may take years, even entire decades, to see a return on your investment. And for short term investment including for transaction of course i'll choose bitcoin.
|
|
|
|
lightenx
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 98
Merit: 10
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 14, 2015, 03:59:23 PM |
|
Bitcoin price can drop at any time, so definetly choose gold. However I would convert 5% to BTC to spend
|
|
|
|
|