Bitcoin or gold?

[designerusa]

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.

however bitcoin has been around for 5 years, it will be future gold.  i recommend you convert all your wealth to bitcoin.. i always buy bitcoins for that reason.

[MedaR]

Gold is just like you savings!
Hardly will ever drop, many predicts rise of price of gold!
For me this is perfect stable investment!
But don't deposit gold in banks!
https://www.youtube.com/watch?v=tBU01akf688

[torsafety]

Bitcoin has emerged as promising investment. Ill prefer Bitcoin. Metals are on decline bez of slow growth

[Rotator]

OK world is big there is a place for bitcoin and for gold!

[deisik]

I choose gold, because gold is a long-term investment that can be trusted and stable throughout the ages,

if it is stable than why investing in it, isn't the purpose of an investment to get out most of your investment plus a big earning on top of it?, with stagnation this is not going to happen

you need to invest in unstable asset but that have potential, to take your profit in the end

Or suffer losses, lol

I see that you are confusing long-term with short-term (or just don't distinguish between them). Bitcoin long-term is not worth it, it is more of a gamble than a solid investment...

actually no, it has more chance to grow than falling, so it's not a gamble like a dice game if this what you mean, it's perfect for long term and short term day trading

To me, the chances are 50/50, broadly speaking. It either grows up or falls down, pretty easy to calculate, huh. The chances of it staying the same are negligible, it seems...

What is your approach actually, that you give more weight to the growth side of the scales?

[Amph]

I choose gold, because gold is a long-term investment that can be trusted and stable throughout the ages,

if it is stable than why investing in it, isn't the purpose of an investment to get out most of your investment plus a big earning on top of it?, with stagnation this is not going to happen

you need to invest in unstable asset but that have potential, to take your profit in the end

Or suffer losses, lol

I see that you are confusing long-term with short-term (or just don't distinguish between them). Bitcoin long-term is not worth it, it is more of a gamble than a solid investment...

actually no, it has more chance to grow than falling, so it's not a gamble like a dice game if this what you mean, it's perfect for long term and short term day trading

To me, the chances are 50/50, broadly speaking. It either grows up or falls down, pretty easy to calculate, huh. The chances of it staying the same are negligible, it seems...

What is your approach actually, that you give more weight to the growth side of the scales?

because the miners will manipulate the market(the old story we had about this  ) to run their business and make profit, that's why i believe that the chances are more towards the increase, also bitcoin has already 6 years if it was 50/50 there shouldn't be the average increase that we got every year

notice how the minimum value is increase while we progress, which is the real value in the end, and it's following the profit of the miners

[deisik]

because the miners will manipulate the market(the old story we had about this  ) to run their business and make profit, that's why i believe that the chances are more towards the increase, also bitcoin has already 6 years if it was 50/50 there shouldn't be the average increase that we got every year

So you are not against manipulation (and manipulators) as long as it profits you, right?

[Amph]

because the miners will manipulate the market(the old story we had about this  ) to run their business and make profit, that's why i believe that the chances are more towards the increase, also bitcoin has already 6 years if it was 50/50 there shouldn't be the average increase that we got every year

So you are not against manipulation (and manipulators) as long as it profits you, right?

as long as it help bitcoin, yes, as i see it manipulation in the beginning is needed, to increase the value to a certain point, so it can be adopted better, i believe that some folk are waiting for the price to increase before jumping in, because maybe they think that right now bitcoin is a bit dead

this because they were accustomed with higher price before(1200 just an example), so manipulation that aim at increase the value is good, manipulation that simply play with the market and stay in the same range forever it is not

[bob123]

I'd take BTC

[MoneyChanger]

Everything is better than fiat!

[-Tx-Rider]

Definitely gold!
Bitcoin don't have 3000 years of use!
Also today everything is backed by gold! l don't like comparison gold bitcoin it is to early for that!

[Yakamoto]

Definitely gold!
Bitcoin don't have 3000 years of use!
Also today everything is backed by gold! l don't like comparison gold bitcoin it is to early for that!

Yeah, no. Barely anything is backed by gold today, there is not a single first-world country that has it's currency backed by gold. I can't even think of any third-world countries that have currencies backed by gold.

I do see your sentiment about it being too early to compare gold and Bitcoin, but I would confidently say that Bitcoin is digital gold.

[MoneyChanger]

YOU ARE WRONG!

https://en.wikipedia.org/wiki/Gold_reserve
http://news.err.ee/v/economy/ab63b17d-fdcf-4680-8af7-8b24953fae95

http://www.24hgold.com/english/stat_country_detail.aspx?pays=Montenegro&deid=19576B1670

[Anegg]

Bitcoin has more potential, gold has already reached its full potential. Bitcoin is a better investment.

[chennan]

Definitely gold!
Bitcoin don't have 3000 years of use!
Also today everything is backed by gold! l don't like comparison gold bitcoin it is to early for that!

Yeah, no. Barely anything is backed by gold today, there is not a single first-world country that has it's currency backed by gold. I can't even think of any third-world countries that have currencies backed by gold.

I do see your sentiment about it being too early to compare gold and Bitcoin, but I would confidently say that Bitcoin is digital gold.

No you're right that no country has their fiat backed by gold any more.  There's a lot of conspiracy about people in power trying to get their fiat back on the gold standard being eradicated and replaced by another compliant governing head (Saddam, JFK, etc.). 

Now, I think this issuing of debt by the central banks has to reach a tipping point soon where it's just impossible to pay out (already pretty much has)... so when the whole fiat ponzi scheme comes crashing down and the dollar, euro, yen, etc. all becomes basically worthless, we have to go back to gold.  Over the course of humanity, this has been seen countless times where the economics of a empire come crashing down because they try and diverge from gold as much as possible.

Now that we have internet and computers, this can all become pointless in that we have cryptos to trade out for goods and services... I think it will come to a point where bitcoin and other cryptos will have to be backed by gold rather than fiat. 

So if you want to hedge your bets, I would put what you are willing to invest in 70% or so into gold and the rest into bitcoin... it's going to correlate pretty nicely in the long run... but you can hedge however you want.

[ajun96]

Everything is better than fiat!

lol I think if there is no fiat, both of them, are not worth, (for at the moment) and therefore fiat better than gold and bitcoin.

[blackmachinegun]

Definitely gold!
Bitcoin don't have 3000 years of use!
Also today everything is backed by gold! l don't like comparison gold bitcoin it is to early for that!

yeah Gold has a very long history. even before any BC, gold has been valued,
in contrast to bitcoin, still rest with corn

but is the age any affects to the growth of both?

[madonnino]

Definitely gold!
Bitcoin don't have 3000 years of use!
Also today everything is backed by gold! l don't like comparison gold bitcoin it is to early for that!

yeah Gold has a very long history. even before any BC, gold has been valued,
in contrast to bitcoin, still rest with corn

but is the age any affects to the growth of both?

gold is not doing very in this periodo, but bitcoin yes, so i would prefer bitcoin, also iff it doesn't have 3000 years of story

[arbitrage]

We all must agree gold and bitcoin are winners!
Just fiat have no future, other goods and materials have tradable value.

[MoneyChanger]

Everything Is telling me we going to have one currency world currency soon..
http://goldsilverworlds.com/physical-market/the-us-gold-in-fort-knox-is-secure-gone-or-irrelevant/