Arcteryx
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October 14, 2015, 04:09:36 PM |
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Gold in my opinion is and will always win over the rest as a commodity. Yes even bitcoin because of it's stability.
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Scamc0p
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October 14, 2015, 05:57:18 PM |
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ofcourse i chose gold
why ? because bitcoin will bankrupt / smthing
and gold u can keep it until u die xD
This is what I like about it. It is a physical object you can keep safe for a rainy day when times are tough, you know it will hold some of it's value for a long time. Well I would not completely underestimate bitcoin if I was you guys. Keep your gold, but also don't forget to keep a small part of that gold in Bitcoin as well. Bitcoin is becoming the new gold
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Amph
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October 14, 2015, 06:35:44 PM |
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Bitcoin price can drop at any time, so definetly choose gold. However I would convert 5% to BTC to spend
no it would not drop at any time, there are big investors behind it and plenty of miners who are sustaining the network, if you think that a folk with 100k coins, will let his fortune became worthless you are being naive they would buy like crazy and start a panic buy, this is another reason why bitcoin will not die so easily, if ever...
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markj113
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October 14, 2015, 06:48:09 PM |
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ofcourse i chose gold
why ? because bitcoin will bankrupt / smthing
and gold u can keep it until u die xD
This is what I like about it. It is a physical object you can keep safe for a rainy day when times are tough, you know it will hold some of it's value for a long time. Well I would not completely underestimate bitcoin if I was you guys. Keep your gold, but also don't forget to keep a small part of that gold in Bitcoin as well. Bitcoin is becoming the new gold or the new tulip
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chennan
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October 15, 2015, 01:59:07 AM |
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Gold in my opinion is and will always win over the rest as a commodity. Yes even bitcoin because of it's stability.
I mean, yeah it's great that gold has a very stable price point right now; but you have to think about the implications of what bitcoin is doing and also the fact that bitcoin is still in its very early stages. Bitcoin is without a doubt the first "digital gold" ever created. It's finite, and can be sent any where in the world. Sure bitcoins prices are very very volatile right now, but how would you know what the market price of gold was after, lets say the first 8 years it was discovered. How much purchasing power did it really have? How many goats, chicken, cows did it buy per ounce? The question is meant to be rhetorical, because gold has been around for ever, so there's no telling what the "market price" of gold was when it was first being traded and used as a form of currency. Sure bitcoin will see huge dips and rises in prices, but we're still around 8 years after "discovering" this new technological advancement. But does that really mean we should just drop it and keep transacting a finite currency over the internet? I personally don't think so.
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Poppy
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October 15, 2015, 02:32:02 AM |
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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 or gold? I don't really know. Bitcoin is extremely volatile and gold is not stable too.
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QUEDOS
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October 16, 2015, 03:24:40 PM |
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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 see a much larger upside for crypto currencies in general, than I do for gold over the next 5 years
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STT
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October 17, 2015, 02:17:22 AM |
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^^ I agree with that much, its positive and negative that bitcoin is more volatile but also more versatile and easily adapted. Its ability to accelerate in usage is massive because that is the nature of technology. So when you meet great potential, ability to distribute widely mixed to a fixed unmoving population of coins, the squeeze is the price due to demand vs supply so yes massive upside. Bitcoin is exponential vs Gold which is really linear in how its produced each year in fairly even fixed amounts though also subject to technology in mining its variance is quite low year to year Also demand for gold is quite smooth over the years, for many centuries each generation values gold as a rare demanded product despite it being not industrially used but this theme continues even while we expand the element table and invent new compounds this base metal is still wanted. So both ends fairly matched supply demand make it different to bitcoin I know speculatively both can spike, Im not arguing near term which is apparent to all of us more just the life term view of each product. gold is not stable too. Gold should show as very stable over time. If you saved for your pension over your working life and only used gold it should retain your purchasing power in old age. Its not a growth product, its really just worth because its so stable. Put that into a spreadsheet, 5% of earnings into gold every year for the last 40 years. I'll do it if nobody else does but Im sure already every period it works for saving value, I'd be surprised to find otherwise. Its valued for this stability, inert and a market which never really alters unlike technology which is growth and many redundant products, we have to consider bitcoin might be transitory in a path to greater products Not saying it was never valid for some years but its possible it ends that way still Also a chart labelled Macrotrend but showing 4 or 5 years, is an oxymoron
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MR.Seller
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October 17, 2015, 06:08:30 AM |
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Bitcoin price can drop at any time, so definetly choose gold. However I would convert 5% to BTC to spend
I agree we do not know if bitcoin can be stable for long time. Possible bitcoin can disappear this is a network all is possible in network can be stable or not. But for assurance If you had to convert all your wealth to either Bitcoin or gold? Still I'll go for Gold, this is Century and tested In humans history. Just my 2 cents.
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Scream
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U will never know the true answer, before you try
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October 17, 2015, 08:22:04 AM |
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Bitcoin price can drop at any time, so definetly choose gold. However I would convert 5% to BTC to spend
I agree we do not know if bitcoin can be stable for long time. Possible bitcoin can disappear this is a network all is possible in network can be stable or not. But for assurance If you had to convert all your wealth to either Bitcoin or gold? Still I'll go for Gold, this is Century and tested In humans history. Just my 2 cents. yes it's right bitcoin price can drop any time but "bitcoin can rise any time " the big diffirent about Gold and BItcoin is "supply"
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Raimonn
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October 17, 2015, 08:35:42 AM |
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Gold has stability value, bitcoin its more volatile. Bitcoin needs more stability if it wants to become as popular as gold.
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markj113
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October 17, 2015, 08:36:02 AM |
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Bitcoin price can drop at any time, so definetly choose gold. However I would convert 5% to BTC to spend
I agree we do not know if bitcoin can be stable for long time. Possible bitcoin can disappear this is a network all is possible in network can be stable or not. But for assurance If you had to convert all your wealth to either Bitcoin or gold? Still I'll go for Gold, this is Century and tested In humans history. Just my 2 cents. yes it's right bitcoin price can drop any time but "bitcoin can rise any time " the big diffirent about Gold and BItcoin is "supply" Bitcoin "supply" shortage is a myth - as its just numeric digits its infinitely divisible so there will never be a shortage. The only thing that will change is the value of those digits.
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Scream
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October 17, 2015, 08:38:48 AM |
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Bitcoin "supply" shortage is a myth - as its just numeric digits its infinitely divisible so there will never be a shortage. The only thing that will change is the value of those digits.
Gold has stability value, bitcoin its more volatile. Bitcoin needs more stability if it wants to become as popular as gold.
instability of the value of bitcoin is one of the attractions for traders, and i choose bitcoin for this moment bitcoin is easier to use than gold
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Raimonn
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October 17, 2015, 08:42:47 AM |
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Bitcoin "supply" shortage is a myth - as its just numeric digits its infinitely divisible so there will never be a shortage. The only thing that will change is the value of those digits.
Gold has stability value, bitcoin its more volatile. Bitcoin needs more stability if it wants to become as popular as gold.
instability of the value of bitcoin is one of the attractions for traders, and i choose bitcoin for this moment bitcoin is easier to use than gold Yes for traders its very attractive, but normal people wants to invest in more secure option. I'm agree with you about bitcoin its easier to use than gold. Gold seems only for big inversors.
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Scream
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U will never know the true answer, before you try
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October 17, 2015, 08:48:09 AM |
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Bitcoin "supply" shortage is a myth - as its just numeric digits its infinitely divisible so there will never be a shortage. The only thing that will change is the value of those digits.
Gold has stability value, bitcoin its more volatile. Bitcoin needs more stability if it wants to become as popular as gold.
instability of the value of bitcoin is one of the attractions for traders, and i choose bitcoin for this moment bitcoin is easier to use than gold Yes for traders its very attractive, but normal people wants to invest in more secure option. I'm agree with you about bitcoin its easier to use than gold. Gold seems only for big inversors. bitcoin is secure, more profit than gold if you "profesional investor" you can speculate with comunity and network growing now microsoft and dell accept bitcoin, and did not rule all of online & offline store accept bitcoin
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kostya.ash
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October 17, 2015, 09:31:44 AM |
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in any aspect, perhaps it is best to bitcoin, but for now I choose to use gold in real life Because bitcoin has not been as popular as gold, thats why in my country very rare store accepted bitcoin as a payment system
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StevenLiang
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October 17, 2015, 09:33:48 AM |
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Bitcoin "supply" shortage is a myth - as its just numeric digits its infinitely divisible so there will never be a shortage. The only thing that will change is the value of those digits.
Gold has stability value, bitcoin its more volatile. Bitcoin needs more stability if it wants to become as popular as gold.
instability of the value of bitcoin is one of the attractions for traders, and i choose bitcoin for this moment bitcoin is easier to use than gold Yes for traders its very attractive, but normal people wants to invest in more secure option. I'm agree with you about bitcoin its easier to use than gold. Gold seems only for big inversors. bitcoin is secure, more profit than gold if you "profesional investor" you can speculate with comunity and network growing now microsoft and dell accept bitcoin, and did not rule all of online & offline store accept bitcoin I agree with you, bitcoin more "profitable" than gold. But BTC also more fluctuating than gold. Same with stocks, you can earn big, or otherwise you can loss big. I suggest to make some division in your investment plan. If you had budget approx 100 USD "only for invest". It's safe to spend 20% of that into BTC.
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Amph
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October 17, 2015, 11:26:37 AM |
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in any aspect, perhaps it is best to bitcoin, but for now I choose to use gold in real life Because bitcoin has not been as popular as gold, thats why in my country very rare store accepted bitcoin as a payment system
gold is not really mean to be used in real life, it's only a form of investment, while bitcoin wad made to be especially a form of payment, but also a good opportunity to speculate for the future bitcoin has more option, gold has nothing over it, besides stability which required a very long time anyway...
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TTMNewsMJ
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October 17, 2015, 11:28:33 AM |
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I will choose both of them
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Supercrypt
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October 17, 2015, 12:21:26 PM |
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in any aspect, perhaps it is best to bitcoin, but for now I choose to use gold in real life Because bitcoin has not been as popular as gold, thats why in my country very rare store accepted bitcoin as a payment system
From past gold is a proven high returns investment system for years so you can easily find shops accepting gold. In future bitcoin will over perform all the gold's achievements. Then you can find many places to accept your bitcoins.
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