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Author Topic: Bitcoin or gold?  (Read 984414 times)
Hashminers
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March 01, 2016, 08:28:00 AM
 #2321

Bitcoin supply is unlimited because its infinitly divisible.

You could divide 1 bitcoin between everyone on the planet if you wanted too.
you could give one satoshi for many people. it's very easy, while the gold, it is very difficult for the division

What you have quoted is right but nothing can be got with that single satoshi. When you consider gold it has got milligrams which is much higher than a single satoshi. I feel divison won't make any sense in the value of gold or bitcoin.
Many people that use Bitcoin choose of course Bitcoin. And people that use gold choose of course gold.
But more people must know how Bitcoin works. And than they will choose Bitcoin more and then gold I think.
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March 01, 2016, 08:42:32 AM
 #2322

Bitcoin supply is unlimited because its infinitly divisible.

You could divide 1 bitcoin between everyone on the planet if you wanted too.
you could give one satoshi for many people. it's very easy, while the gold, it is very difficult for the division

What you have quoted is right but nothing can be got with that single satoshi. When you consider gold it has got milligrams which is much higher than a single satoshi. I feel divison won't make any sense in the value of gold or bitcoin.
Many people that use Bitcoin choose of course Bitcoin. And people that use gold choose of course gold.
But more people must know how Bitcoin works. And than they will choose Bitcoin more and then gold I think.

That is right. I will use bitcoin quite a lot in the future as it is easily divisable. So I will buy and use bitcoin.
Rotator
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March 01, 2016, 01:31:17 PM
 #2323

I didn't notice exchange where we can trade "gold tokens" and bitcoin.
Maybe this can make peace between bitcoin and gold?
This could be great move for Gemini -exchange for example.
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March 01, 2016, 02:41:31 PM
 #2324

Bitcoin supply is unlimited because its infinitly divisible.

You could divide 1 bitcoin between everyone on the planet if you wanted too.
you could give one satoshi for many people. it's very easy, while the gold, it is very difficult for the division

What you have quoted is right but nothing can be got with that single satoshi. When you consider gold it has got milligrams which is much higher than a single satoshi. I feel divison won't make any sense in the value of gold or bitcoin.
Many people that use Bitcoin choose of course Bitcoin. And people that use gold choose of course gold.
But more people must know how Bitcoin works. And than they will choose Bitcoin more and then gold I think.

That is right. I will use bitcoin quite a lot in the future as it is easily divisable. So I will buy and use bitcoin.
Most people choose of course gold I think. But that is because they dont trust Bitcoin, because it is digital money.
And they think that is not good and that you can be hacked. But they must know that Bitcoin is very safe as well.
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March 01, 2016, 02:46:40 PM
 #2325

Bitcoin supply is unlimited because its infinitly divisible.

You could divide 1 bitcoin between everyone on the planet if you wanted too.
you could give one satoshi for many people. it's very easy, while the gold, it is very difficult for the division

What you have quoted is right but nothing can be got with that single satoshi. When you consider gold it has got milligrams which is much higher than a single satoshi. I feel divison won't make any sense in the value of gold or bitcoin.
Many people that use Bitcoin choose of course Bitcoin. And people that use gold choose of course gold.
But more people must know how Bitcoin works. And than they will choose Bitcoin more and then gold I think.

That is right. I will use bitcoin quite a lot in the future as it is easily divisable. So I will buy and use bitcoin.
Most people choose of course gold I think. But that is because they dont trust Bitcoin, because it is digital money.
And they think that is not good and that you can be hacked. But they must know that Bitcoin is very safe as well.

Thats true people have good trust over gold than bitcoin. This is just because gold came into existence long back,
but bitcoin has a few years of history. Soon this scenario might change.

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March 01, 2016, 03:57:26 PM
 #2326

Many people choose Bitcoin of course. You can spend Bitcoin more and on different places so that is very good.
But some people that use gold dont trust even Bitcoin. But Bitcoin is very safe and easy to use.


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March 01, 2016, 04:07:01 PM
 #2327

Many people choose Bitcoin of course. You can spend Bitcoin more and on different places so that is very good.
But some people that use gold dont trust even Bitcoin. But Bitcoin is very safe and easy to use.

bitcoin is safe investment and safe place to save money "if you know the rules of bitcoin" like don't share your private key, don't store your bitcoin at exchanger for long time etc.

INVALID BBCODE: close of unopened tag in table (1)
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March 01, 2016, 04:09:24 PM
 #2328

Many people choose Bitcoin of course. You can spend Bitcoin more and on different places so that is very good.
But some people that use gold dont trust even Bitcoin. But Bitcoin is very safe and easy to use.

Yeah, bitcoin is something you can use on a daily basis, where as gold is something you just need to hold it for future and sell it when the right time comes.
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March 01, 2016, 08:49:55 PM
 #2329

I will choose both as both have their own advantages and disadvantages, bitcoin is good in short term to make some quick profits while gold will take care of my investments in long term.
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March 02, 2016, 12:51:21 AM
 #2330

Gold would be always better option in compare to bitcoin, as the gold is more stable and bitcoin is too volatile, so a person who is looking for guaranteed returns would choose gold.
f I can guess. ye are pleased with the safety .. so gold suit you.
for people who are happy with the greater risk for a profit, better bitcoin
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March 02, 2016, 06:21:14 AM
 #2331

Gold would be always better option in compare to bitcoin, as the gold is more stable and bitcoin is too volatile, so a person who is looking for guaranteed returns would choose gold.
f I can guess. ye are pleased with the safety .. so gold suit you.
for people who are happy with the greater risk for a profit, better bitcoin

Going for bitcoin is the better option even knowing the risk. The important factor behind this is, it has got high profit according to the risk faced. If small profit is enough then without any difficulty just invest in gold.

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martinacar
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March 02, 2016, 10:57:02 AM
 #2332

Bitcoin is also good. But many people like gold. But you never know what the value is from both and that is difficult to expect.
But that is very hard to expect that because it is a currency. But I like Bitcoin more than gold personally.
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March 02, 2016, 12:00:04 PM
 #2333

Bitcoin is also good. But many people like gold. But you never know what the value is from both and that is difficult to expect.
But that is very hard to expect that because it is a currency. But I like Bitcoin more than gold personally.

Bitcoin is good at a moment, but the main issue we are concerned is where bitcoin will stand in the future, as it is really difficult to predict that whether bitcoin will survive in future or not.
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March 02, 2016, 12:05:59 PM
 #2334

some stats
last month BTC was around 380$ while now is 437$
+15,68% or +59$ equivalent
If one would have traded on a monthly basis here is a nice profit

Gold...
one month ago was trading around 1116$ while now we are about 1232$

Last month our btc and gold saw a nice increase which could have led to a very good profit.
If you started while the price was low then, well done.

Well, some nice stats TBH...
And yeah, BTC does have nice possibilities and rise against Gold which seems to be losing its shine nowadays...
People are actually getting out of Gold and getting into BTC I guess... Wink

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March 02, 2016, 12:13:08 PM
 #2335

I would choose gold then, this have a highest value in every aspect. Having a gold is a secure fortune its value is always high and you can do a lot of business involving this in exchange. This could even includes you as a millionaire if you will use them wisely of course..

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March 02, 2016, 12:18:15 PM
 #2336

Both attract a certain type of investor, but which will protect you against the worst? gold absolutely!
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March 02, 2016, 12:23:20 PM
 #2337

I will choose both as both have their own advantages and disadvantages, bitcoin is good in short term to make some quick profits while gold will take care of my investments in long term.

Sorry, but you're wrong, Bitcoin is not short term. This is just the beginning .. It doesn't change the fact that it is best to choose both - Bitcoin and gold. I would even say that it is worthwhile to have something more .. Separation of the investment is the best strategy.

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March 02, 2016, 12:29:41 PM
 #2338

surely i will choose gold, because bitcoin just for shorterm not for longterm

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March 02, 2016, 12:30:59 PM
 #2339

I will choose both as both have their own advantages and disadvantages, bitcoin is good in short term to make some quick profits while gold will take care of my investments in long term.

Sorry, but you're wrong, Bitcoin is not short term. This is just the beginning .. It doesn't change the fact that it is best to choose both - Bitcoin and gold. I would even say that it is worthwhile to have something more .. Separation of the investment is the best strategy.

I would prefer a crypto currency backed by gold. This way I would get the best of crypto world and the stability of gold.
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March 02, 2016, 01:43:40 PM
 #2340

Gold is more powerful I guess, If you look at the history of gold, you would find many satisfied customers, and the faith of people in gold is multiplying over a period of time, So I would choose gold.

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