Bitcoin or gold?

[goinmerry]

gold is pysichal thing, for investment i think gold is better choice. also each woman like t, we can get heart from  our wife .

Because that is the basic known stone that is good in the eye and got a lot of value. Gold is advertised since the beginning of its discovery. We cannot win in gold's advertisement you can see it everyday in a person hand or in his/her neck.

Most people around this time prefer Bitcoin more than gold, and that is because Bitcoin is getting more popular now around this time and that is the main reason I think.
Gold is of course also a good currency to use but you cant use gold online and that is the bad thing.

Yeah that is the good side of bitcoin. But in case of investing only I would go for gold. I have this feeling that gold will be getting a lot of price hike when stones that are mined will be depleted.

[Hellacopter]

Both are profitable and having good promising potential right now. I prefer using and trading Bitcoin nowadays because it's expected that it's price will increase highly soon, but gold is also profitable for the long run

[AsaroUk]

Bitcoin and gold are both a very strong currency but if you are talking about the future than we all know that Bitcoin will longer exist in the future and that gold will reduce.
And that is quite logic because you cant use gold online and everything is now getting more online.

[thejaytiesto]

Some of the similarities shared between gold and bitcoin are same as the properties of ideal money. These features include –

Durability – Bitcoin and gold are both durable. While gold being an inert metal can withstand chemical reactions to stand the test of time, Bitcoin will continue to exist as long as the internet is around.

Transferability – In order to serve its purpose, it should be possible to change hands easily. Both bitcoin and gold can be both physically transferred and exchanged in return for other currency, goods, and services.

Scarcity – Something in excess supply will not have enough demand. Luckily both gold and bitcoin scare. There will be only 29000000 bitcoins in circulation ever making it valuable enough to be a medium of exchange.

Divisibility – Bitcoin is highly divisible, it can have divided by 100000000 times. However, with gold, it is not that easy but yet possible.

Fungibility – Bitcoin and gold are fungible, they can be easily substituted by another bitcoin or the same quantity of gold without any change in the value.

Recognizability – Both bitcoin and gold are both impossible to counterfeit and it can be easily detected.

http://www.newsbtc.com/2016/04/10/bitcoin-gold-standard-arent/

 

How is gold impossible to counterfeit?

http://www.zerohedge.com/news/2016-04-06/greeks-confiscate-largest-amount-gold-ever-smuggled

Governments can steal people's gold if they want to, it's not the first time laws have been passed in order to do so. Now if the gov got your hands on your BTC, all they would get is nothing since it would be encrypted.
Bitcoin is superior to gold in every aspect, it's simply a better gold.

[SquallLeonhart]

Both are profitable and having good promising potential right now. I prefer using and trading Bitcoin nowadays because it's expected that it's price will increase highly soon, but gold is also profitable for the long run

If we have an option to invest in both of them then why to go with a single one? Its always smart to invest in both of them as both holds unique features and can be the best investment for future.

[STT]

How is gold impossible to counterfeit?

http://www.zerohedge.com/news/2016-04-06/greeks-confiscate-largest-amount-gold-ever-smuggled

Governments can steal people's gold if they want to, it's not the first time laws have been passed in order to do so. Now if the gov got your hands on your BTC, all they would get is nothing since it would be encrypted.
Bitcoin is superior to gold in every aspect, it's simply a better gold.

Gold as an element is not possible to counterfeit.   We know of both standards that fraud can 'easily' be introduced despite the background of this unbreakable uniqueness to both bitcoin and gold.   Obviously we've had great failures in bitcoin and the price even falls when this occurs as people then doubt its viability and secureness.   However that is not the actual fault of bitcoin but in its usage and so to with gold.

On that reasoning jay is correct, gold cannot be counterfeit.   Deception of course is always there.    Every large purchaser of gold should melt it down and make their own bars not rely entirely on trust, I believe that occurs.  Gold coins are often subject to degradation of some kind, history shows many cases where banks have suffered losses in accepting but more often governments degrade the gold content and devalue their currency as present governments today are printing money.   The old gold sovereigns were commonly accepted below weight, it was routine that loss due to wear and tear occurred.  Its an argument against gold, not 100% fraud but people did deliberately damage coins, take gold fragments off bags of coins then hand it in as for a full deposit.

Holding bitcoin does have different risk, though its slightly superior to physically suffering that kind of small loss I guess.   The banks could always refuse a worn coin, or people even but often its very small amounts.  As its not physical bitcoin is more volatile and so losses occur in the exchange markets, its a different kind of loss and doubt that comes with a purely mathematical worth

[avw1982]

Both are profitable and having good promising potential right now. I prefer using and trading Bitcoin nowadays because it's expected that it's price will increase highly soon, but gold is also profitable for the long run

If there is a mass adoption of bitcoin. For now may be fluctuated is a need to increase the adoption of bitcoin let people keep on gaining and losing some coin. What I think in the future bitcoin will have a really stable price

[randy8777]

Both are profitable and having good promising potential right now. I prefer using and trading Bitcoin nowadays because it's expected that it's price will increase highly soon, but gold is also profitable for the long run

If there is a mass adoption of bitcoin. For now may be fluctuated is a need to increase the adoption of bitcoin let people keep on gaining and losing some coin. What I think in the future bitcoin will have a really stable price

in order to get long term stability you need institutional investors as they bring in millions that they can use to support the price. another important aspect is that the early adopters need to decrease their total amount of coins as they have too much power over the current market price. but i don't see a reason for them to cash out a good chunk of their coins at prices below $1000.

[vendetahome]

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.

as i see people have different minds, but personally i like both, and reasons are pretty simple, gold is pretty old now and stable at this moment, so people might like it because of that

while bitcoin is good too because it is not stable at all and we will have events like halving soon which will increase price of bitcoin, so bitcoins is good investment too

[rekinthis]

Both are profitable and having good promising potential right now. I prefer using and trading Bitcoin nowadays because it's expected that it's price will increase highly soon, but gold is also profitable for the long run

If we have an option to invest in both of them then why to go with a single one? Its always smart to invest in both of them as both holds unique features and can be the best investment for future.

though investing in just one gives you bigger chances to make big money i think because when one price grows the others usually falls as far as i understand though correct me if im wrong about that

i would definitely choose bitcoin as an investment option because i think that its price fluctuations can earn me really big money that i will be able to use in the future

[JessicaSe]

Both are profitable and having good promising potential right now. I prefer using and trading Bitcoin nowadays because it's expected that it's price will increase highly soon, but gold is also profitable for the long run

If we have an option to invest in both of them then why to go with a single one? Its always smart to invest in both of them as both holds unique features and can be the best investment for future.

though investing in just one gives you bigger chances to make big money i think because when one price grows the others usually falls as far as i understand though correct me if im wrong about that

i would definitely choose bitcoin as an investment option because i think that its price fluctuations can earn me really big money that i will be able to use in the future

You can really make it big if everything goes fine with the price of bitcoin in future but the risk factor will always associated with bitcoin, and that is the reason more people choose gold over bitcoins.

[peta4e]

Both are profitable and having good promising potential right now. I prefer using and trading Bitcoin nowadays because it's expected that it's price will increase highly soon, but gold is also profitable for the long run

If we have an option to invest in both of them then why to go with a single one? Its always smart to invest in both of them as both holds unique features and can be the best investment for future.

though investing in just one gives you bigger chances to make big money i think because when one price grows the others usually falls as far as i understand though correct me if im wrong about that

i would definitely choose bitcoin as an investment option because i think that its price fluctuations can earn me really big money that i will be able to use in the future

You can really make it big if everything goes fine with the price of bitcoin in future but the risk factor will always associated with bitcoin, and that is the reason more people choose gold over bitcoins.

That's true especially the older generation will always have faith in gold as they are not aware about bitcoin yet, and even if they have to make alternate investment they will choose to go for stocks or real estate.

[Zaun]

Both are profitable and having good promising potential right now. I prefer using and trading Bitcoin nowadays because it's expected that it's price will increase highly soon, but gold is also profitable for the long run

If we have an option to invest in both of them then why to go with a single one? Its always smart to invest in both of them as both holds unique features and can be the best investment for future.

though investing in just one gives you bigger chances to make big money i think because when one price grows the others usually falls as far as i understand though correct me if im wrong about that

i would definitely choose bitcoin as an investment option because i think that its price fluctuations can earn me really big money that i will be able to use in the future

You can really make it big if everything goes fine with the price of bitcoin in future but the risk factor will always associated with bitcoin, and that is the reason more people choose gold over bitcoins.

I think here more people choose for the bitcoin because they know the advantages, people that choose gold in the outside world mostly do not know the bitcoin itself.
I prefer bitcoin above gold because I do not have patient and with the gold you really need that to make profit.

[blackmachinegun]

I would choose gold. With gold you are sure that the value goes up because there is less less gold on the earth. With Bitcoin you are not sure if you are going to make money with it.

no doubt that gold is not just a piece of jewelry. but also commodities are very high. Many people use gold to their investment in the long term.
I have the a logic. Gold has a high price because he was a beautiful jewelry? how about bitcoin?

[btccashacc]

I would choose gold. With gold you are sure that the value goes up because there is less less gold on the earth. With Bitcoin you are not sure if you are going to make money with it.

no doubt that gold is not just a piece of jewelry. but also commodities are very high. Many people use gold to their investment in the long term.
I have the a logic. Gold has a high price because he was a beautiful jewelry? how about bitcoin?

well at least bitcoin will be exist for some reason like it has so many features that gold doesn't have pseudoanonymous, can stored anywhere, you can access it anytime as long as internet connection is available, to be honest  is not fair to compared between something real and virtual, each of them have pros and cons

[nostal02]

I would choose gold. With gold you are sure that the value goes up because there is less less gold on the earth. With Bitcoin you are not sure if you are going to make money with it.

no doubt that gold is not just a piece of jewelry. but also commodities are very high. Many people use gold to their investment in the long term.
I have the a logic. Gold has a high price because he was a beautiful jewelry? how about bitcoin?

Bitcoin will have a high price because its easy to use and a lot of people are now using bitcoin and you can transfer money fast with bitcoin.

[Sithara007]

I don't trust Bitcoin, so for me it is going to be 90% gold and 10% bitcoin. Right now, most of my savings are in the form of bullion coins / bars. I have no intention of selling them and investing in any other asset.

[Piltover]

I would choose gold. With gold you are sure that the value goes up because there is less less gold on the earth. With Bitcoin you are not sure if you are going to make money with it.

no doubt that gold is not just a piece of jewelry. but also commodities are very high. Many people use gold to their investment in the long term.
I have the a logic. Gold has a high price because he was a beautiful jewelry? how about bitcoin?

Bitcoin will have a high price because its easy to use and a lot of people are now using bitcoin and you can transfer money fast with bitcoin.

The bitcoin will have a high price soon or later but I think its better to invest in them both because they are both pretty nice to have.
One for a long term and one for a short term should be pretty good, gold for a long term and bitcoin for a short term.

[ultimatesky]

You can make money with both of them but I am going with gold. With gold you are sure that you will make money an the value always goes up. With Bitcoin this is not you cannot know if it will be valuable in the future.

[Herbert2020]

I would choose gold. With gold you are sure that the value goes up because there is less less gold on the earth. With Bitcoin you are not sure if you are going to make money with it.

no doubt that gold is not just a piece of jewelry. but also commodities are very high. Many people use gold to their investment in the long term.
I have the a logic. Gold has a high price because he was a beautiful jewelry? how about bitcoin?

you cannot compare bitcoin with gold, as you said it yourself gold is just a jewellery and an investment but bitcoin is a lot more than just and investment you can use it for a super fast and secure way of payment with lowest fees possible. and also not to mention that it is so much easier to hold bitcoin but you cannot hold a lot of gold at home!