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Author Topic: Bitcoin or gold?  (Read 984421 times)
Oscoda
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February 23, 2016, 03:44:01 PM
 #2221

I choose for Bitcoin. That is more worth I think. But many stores dont accept it and that is not so good.
I hope later in the future that more people will use bitcoin and that they can also be more acceptable at stores.
bryant.coleman
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February 23, 2016, 04:14:29 PM
 #2222

I think you'll find bitcoin has dropped a lot further from its all time high than gold.

Bitcoin is currently at 34% of its all time high.
Gold is currently at 65% of its all time high.

The $1K per coin exchange rate which was achieved in 2013 December was a result of rigging of the order-book by the MtGox staff. So I am not sure whether you can use that figure to compare the historical prices. But there is no doubt that Bitcoin is much more volatile than any of the bullion metals, including gold, silver and platinum.
btcltccoins
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February 23, 2016, 04:18:43 PM
 #2223

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.

Gold prices are increasing slow and steadily. Bitcoins prices vay too much and can give a lot of profits sometimes
if invested properly. I think you wana only save than Gold is OK, but if you wana take risk and get more profit in short term then Bitcions is the best.
btcltccoins
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February 23, 2016, 04:20:35 PM
 #2224

Also you are asking for a 10 years time. For ten years time Gold is more of a safer investment.
But for Short term then bitcoins best.
gkv9
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February 23, 2016, 07:10:23 PM
 #2225

Also you are asking for a 10 years time. For ten years time Gold is more of a safer investment.
But for Short term then bitcoins best.

On what basis are you comparing Gold to BTC and saying BTC won't be a good long term investment against Gold after ten years???
BTC has risen up from less than a cent to where it is currently, just think about the % of profit people would have made who purchased them before...
Gold is loosing its shine these days...

markj113
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February 23, 2016, 07:17:46 PM
 #2226

Also you are asking for a 10 years time. For ten years time Gold is more of a safer investment.
But for Short term then bitcoins best.

On what basis are you comparing Gold to BTC and saying BTC won't be a good long term investment against Gold after ten years???
BTC has risen up from less than a cent to where it is currently, just think about the % of profit people would have made who purchased them before...
Gold is loosing its shine these days...

Yep really loosing its shine lol, up we go again.



Gold is at the start of another bull run, with the current global economic situation inc. ZIRP and NIRP gold could fly.
Listent
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February 23, 2016, 08:08:10 PM
 #2227

Also you are asking for a 10 years time. For ten years time Gold is more of a safer investment.
But for Short term then bitcoins best.

For 10 years, bitcoin is a better investment. Its value will increase a lot compared to gold.
markj113
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February 23, 2016, 08:16:51 PM
Last edit: February 23, 2016, 08:27:16 PM by markj113
 #2228

If you look at the big picture for bitcoin the price went from nothing to parabolic gains at the end of 2013.

Since the end of 2013 Bitcoin has been on a downward trend through to the beginning for 2016 where it has shown a slight rise.

Time will tell if this price rise holds, we will see an increase on the halving but how much of this is based on hype and will the gains fall away shortly after?

Time will tell, the thing that worries me is that the only thing people are counting on for a price rise is a halving of block size.  Bitcoin seems to have stagnated, no new killer apps, no mass adoption, no new big players jumping on board.

Ragde Omrac
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February 23, 2016, 09:05:15 PM
 #2229

Gold was pumped something around 20% in last two months. I don't think that it is loosing her shine...
Mitchow
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February 23, 2016, 09:50:49 PM
 #2230

Gold was pumped something around 20% in last two months. I don't think that it is loosing her shine...

Yeah, gold will never loose its shine and that is true, as gold is an mature player since long years, and it will continue in future too, gold is always better then bitcoin.
Amph
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February 24, 2016, 07:43:35 AM
 #2231

If you look at the big picture for bitcoin the price went from nothing to parabolic gains at the end of 2013.

Since the end of 2013 Bitcoin has been on a downward trend through to the beginning for 2016 where it has shown a slight rise.

Time will tell if this price rise holds, we will see an increase on the halving but how much of this is based on hype and will the gains fall away shortly after?

Time will tell, the thing that worries me is that the only thing people are counting on for a price rise is a halving of block size.  Bitcoin seems to have stagnated, no new killer apps, no mass adoption, no new big players jumping on board.



i don't think bitcoin need a killer app(you can consider purse.io a good killer app, but people still refuse to use it greatly) bitcoin need more infrastructure and more regulation

we can say that killer app is the regulation itself, many avoid it because see it for criminal and because it is hard for the majority to ensure the security of their coins, they are afraid of losing their money if they jump to bitcoin
upsidedown75
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February 24, 2016, 07:52:40 AM
 #2232

Gold was pumped something around 20% in last two months. I don't think that it is loosing her shine...

Yeah, gold will never loose its shine and that is true, as gold is an mature player since long years, and it will continue in future too, gold is always better then bitcoin.

Yes, until bitcoin is stabilized and people can depend and use it for daily spending, I too doubt it will ever replace gold or any other stock exchange commodity any time sooner.
MaritiJames3
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February 24, 2016, 10:12:06 AM
 #2233

I like Bitcoin more than gold. And I dont know why, maybe it is fun to sell it or to make a investment so that is good.
I hope that more people will use Bitcoin so they can have profit too that is also very good. But you dont know what can happen.

We will see what is going to happen.
JAyThaRevo
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February 24, 2016, 10:19:27 AM
 #2234

I like Bitcoin more than gold. And I dont know why, maybe it is fun to sell it or to make a investment so that is good.
I hope that more people will use Bitcoin so they can have profit too that is also very good. But you dont know what can happen.

We will see what is going to happen.

Bitcoin is good for short term, but you cannot rely only on bitcoin for the future, as the future of bitcoin is unpredictable and gold has long life.
goinmerry
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February 24, 2016, 10:55:34 AM
 #2235

I like Bitcoin more than gold. And I dont know why, maybe it is fun to sell it or to make a investment so that is good.
I hope that more people will use Bitcoin so they can have profit too that is also very good. But you dont know what can happen.

We will see what is going to happen.

Due to its easy way of making bitcoin it is good for a normal pay to post person. I started with PTC's so this is good for me. But if you are the non-online person. Gold would be the best choice always.
reputedchain
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February 24, 2016, 11:50:33 AM
 #2236

Of course gold, I have more faith in gold as an investment as compared to bitcoin, as bitcoin good be good for making for profits in short term, but as an long term investment I would prefer gold.

 
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martinacar
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February 24, 2016, 02:13:15 PM
 #2237

Both are very good. But I think Gold is good because you can hold it and store it at home etc.
You cant see Bitcoin, its just online money and people think that it is not so safe as gold...
wikenpp
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February 24, 2016, 02:32:47 PM
 #2238

I would choose for the bitcoin it has a good future a head and its also easy to use, another plus point for the bitcoin is that its the future of all currency's that are available.
If the bitcoin will go like this it will be unstoppable and it will even win in the future of the gold in my opinion.
markj113
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February 24, 2016, 02:40:17 PM
 #2239

I would choose for the bitcoin it has a good future a head and its also easy to use, another plus point for the bitcoin is that its the future of all currency's that are available.
If the bitcoin will go like this it will be unstoppable and it will even win in the future of the gold in my opinion.

Do you really think that all the governments and top 1% of the world will allow bitcoin to remove their wealth and power?

A more likely scenario is they are watching bitcoin to see how scales and pans out, if successful they will just come along and implement a global ban on its use then introduce a version they control and have the major stake of.

If you think otherwise you are deluded.

If you think "they can never ban bitcoin" maybe true, a 100% ban would be impossible.  But if they implement stiff jail terms or fines for anyone caught using it bitcoin will never become mainstream and the price will die and the sheep of the world will switch to using the governments virtual currency instead of cash.

You have to agree this is a far more likely outcome.
btcltccoins
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February 24, 2016, 04:09:50 PM
 #2240

Both are very good. But I think Gold is good because you can hold it and store it at home etc.
You cant see Bitcoin, its just online money and people think that it is not so safe as gold...

You cannot say that gold is totally safe. it can be theft. Bitcoin is more subjected to hack because of its presence online.
otherwise its OK to invest in bitcoins too.
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