Bitcoin or gold?

[Doamader]

Im not saying we will stop using bitcoin at 2039, im just saying a huge ammount of bitcoin will be mined at 2039, soo we have some more years to have some solution about miners rewards.

[20kevin20]

Im not saying we will stop using bitcoin at 2039, im just saying a huge ammount of bitcoin will be mined at 2039, soo we have some more years to have some solution about miners rewards.

Not really. Except the fact that mining rigs will cost A LOT for the required speed it will have, the block reward and mining time for a block will be changed: the reward will split every 4 years and the time will keep going up until it's probably going to be impossible to get one Bitcoin a month. By 2039, if everything will be right and Bitcoin will still be used, it means the price will have to be OVER $100K for it to resist.

[deisik]

Im not saying we will stop using bitcoin at 2039, im just saying a huge ammount of bitcoin will be mined at 2039, soo we have some more years to have some solution about miners rewards.

Not really. Except the fact that mining rigs will cost A LOT for the required speed it will have, the block reward and mining time for a block will be changed: the reward will split every 4 years and the time will keep going up until it's probably going to be impossible to get one Bitcoin a month. By 2039, if everything will be right and Bitcoin will still be used, it means the price will have to be OVER $100K for it to resist.

By that time the miners "reward" will mostly consist of miners fees, which you evidently forget about here. Right now, they amount up to a few percentages of the reward for finding a new block. If the reward is gradually halved down to zero, in order to keep the miners profits at their current level in fiat terms, the Bitcoin price should increase a few dozen times. On the other hand, if the block size gets increased, more transactions can be included in it and thereby more fees can be booked as miners profit. But even if neither the price nor the block size increase in due course, mining won't stop anyway...

Since some miners will start leaving while mining difficulty decreasing, eventually making mining profitable again

[Multipulty]

I think that every mid-rich family has gold in their house and bitcoin is not much popular most of cases.

What I prefer more is the digitalized things and in this case bitcoin as is easier to maintain because i hate to hold physically like gold.

Maybe gold is safer to hold but I consider bitcoin because It can be stored online or offline on hardware wallets.

The advantage in holding bitcoins is that you never know to what level it can grow in future and it can even reach to the moon giving us the best returns on our investment and that may not be possible with gold as gold will not go higher after a certain level but there is no limit when it comes to bitcoins.

[bit1]

Maybe this sounds corny, but I choose gold, this material has a real value, before the opening of of new mines on Mars, of course.

There is a huge amount of risk associated with Bitcoins. Remember what happened to the floppy disks? They were replaced with USB sticks, DVDs and portable hard-drives. It can happen with Bitcoins as well. But gold is immune from all these. It is in use for the last 5,000 years or so. And it seems that gold will remain in use for another 5,000 years as well.

Of those 5000 many must have been of little value to Gold, Not to mention that some cultures did not give them the same value in the past, As it has become so scarce and hard to obtain its value has increased, But nevertheless there is always the risk still for gold, most of the gold extracted has to be stored in the large vaults of some countries and as they continue to accumulate and decrease production the price will continue to rise or at least remain at these levels, The same technology is continuously transformed, the cars of 50 years ago were aren´t the same as now but having one in good condition is a luxury for some peoples, That said it would be  difficult to glimpse anything else accurately.

[Zalfrin]

I think that every mid-rich family has gold in their house and bitcoin is not much popular most of cases.

What I prefer more is the digitalized things and in this case bitcoin as is easier to maintain because i hate to hold physically like gold.

Maybe gold is safer to hold but I consider bitcoin because It can be stored online or offline on hardware wallets.

The advantage in holding bitcoins is that you never know to what level it can grow in future and it can even reach to the moon giving us the best returns on our investment and that may not be possible with gold as gold will not go higher after a certain level but there is no limit when it comes to bitcoins.

People who are not aware about bitcoins will surely go for gold to make an investment and they will not bother about bitcoins even if price goes higher in future as they have more faith in gold and gold has never disappointed its investors so far and it will take time for people to have same faith in bitcoins.

[Japinat]

I think that every mid-rich family has gold in their house and bitcoin is not much popular most of cases.

What I prefer more is the digitalized things and in this case bitcoin as is easier to maintain because i hate to hold physically like gold.

Maybe gold is safer to hold but I consider bitcoin because It can be stored online or offline on hardware wallets.

The advantage in holding bitcoins is that you never know to what level it can grow in future and it can even reach to the moon giving us the best returns on our investment and that may not be possible with gold as gold will not go higher after a certain level but there is no limit when it comes to bitcoins.

People who are not aware about bitcoins will surely go for gold to make an investment and they will not bother about bitcoins even if price goes higher in future as they have more faith in gold and gold has never disappointed its investors so far and it will take time for people to have same faith in bitcoins.

That would allow them to make money but has to invest a bigger amount of money as gold requires bigger capital. In addition, I do not think they would not know about bitcoin when they are here in the forum and bitcoin is very popular now so it should not be new for the business minded people. They know bitcoin for sure but still hesitant to invest due to a big risk.

[Babayega31]

I think that every mid-rich family has gold in their house and bitcoin is not much popular most of cases.

What I prefer more is the digitalized things and in this case bitcoin as is easier to maintain because i hate to hold physically like gold.

Maybe gold is safer to hold but I consider bitcoin because It can be stored online or offline on hardware wallets.

The advantage in holding bitcoins is that you never know to what level it can grow in future and it can even reach to the moon giving us the best returns on our investment and that may not be possible with gold as gold will not go higher after a certain level but there is no limit when it comes to bitcoins.

People who are not aware about bitcoins will surely go for gold to make an investment and they will not bother about bitcoins even if price goes higher in future as they have more faith in gold and gold has never disappointed its investors so far and it will take time for people to have same faith in bitcoins.

That would allow them to make money but has to invest a bigger amount of money as gold requires bigger capital. In addition, I do not think they would not know about bitcoin when they are here in the forum and bitcoin is very popular now so it should not be new for the business minded people. They know bitcoin for sure but still hesitant to invest due to a big risk.

I would prefer bitcoin rather than gold because its a digital crypto currency which has a fluctuating rate which is widely monitored by traders and they find opportunity to grow their investments. Compared to gold its demand is not that fast some were just keeping it in their vault and i thinks theres no investment will be dealing with it and as i read some articles its price and demand decreases.

[cakravothy]

bitcoin vs gold is not right is compare
because is gold can ready physic , bitcoin only digital curency not physic
so is longthem gold is still good, and above in bitcoin
if batle and compare same cryptco coin, or same digital curency same paypal perfecmoney and more

[m4xp0w3r7]

I guess I should hold a little bit of both. It is the best option for the future. If in anycase bitcoin goes wrong, you still have your gold

[arseaboy]

I guess I should hold a little bit of both. It is the best option for the future. If in anycase bitcoin goes wrong, you still have your gold

That is true mate.. if you have both bitcoin and gold then it is better for your future.. because you still have a backup if anyone of them will go wrong in the future.

[Xester]

obviously gold would be the safe bet and bitcoin the risky. With gold having had thousands of years of maintained value and bitcoin being a few years old and extremely volatile.

For some, bitcoin is more than just a currency. Some prefer to identify it as a protocol. Some prefer it to be a technological innovation. But for most entrepreneurs, it is considered an investment.The Bitcoin price’s sudden leap has been the ultimate signal evangelists have been waiting for to affirm that bitcoin will be soaring to great heights in the next fiscal year. Meanwhile, gold continues to decline intensely, One of the major factors contributing to the lack of friction in the gold market is that the wealthy are no longer very willing to spend so much on precious metals.

[anavuajna]

I guess I should hold a little bit of both. It is the best option for the future. If in anycase bitcoin goes wrong, you still have your gold

That is true mate.. if you have both bitcoin and gold then it is better for your future.. because you still have a backup if anyone of them will go wrong in the future.

Yes, I agree with you. The main rule of investing - do not keep all your savings in one place.

[8Habits]

I guess I should hold a little bit of both. It is the best option for the future. If in anycase bitcoin goes wrong, you still have your gold

That is true mate.. if you have both bitcoin and gold then it is better for your future.. because you still have a backup if anyone of them will go wrong in the future.

Yes, I agree with you. The main rule of investing - do not keep all your savings in one place.

Agree to that mate that we should not put all of our eggs in one basket because if it falls, they will all break and we don't have anything left for us. However, if we diversify our investment, then winning investments will likely compensate losing investments of ours - that is the basic thing in investing.

[BitHodler]

I guess I should hold a little bit of both. It is the best option for the future. If in anycase bitcoin goes wrong, you still have your gold

That is true mate.. if you have both bitcoin and gold then it is better for your future.. because you still have a backup if anyone of them will go wrong in the future.

You can't rely on the thought of when one of the two options for whatever will not be rewarding, that you still have the other option.

What if both perform bad in a certain period of time? And let that exactly be after you have taken positions in both Bitcoin and Gold? It's all about timing when it comes to making an investment.

Take this year as an example. If you bought in January at around $400 and sold nearly at the peak of $780 in June, then you have done a fantastic job.

But if you have taken your positions at the +$750 levels in June, you would have seen the price tank to sub $550 some days later. Again, timing is your best friend.

[8Habits]

I guess I should hold a little bit of both. It is the best option for the future. If in anycase bitcoin goes wrong, you still have your gold

That is true mate.. if you have both bitcoin and gold then it is better for your future.. because you still have a backup if anyone of them will go wrong in the future.

You can't rely on the thought of when one of the two options for whatever will not be rewarding, that you still have the other option.

What if both perform bad in a certain period of time? And let that exactly be after you have taken positions in both Bitcoin and Gold? It's all about timing when it comes to making an investment.

Take this year as an example. If you bought in January at around $400 and sold nearly at the peak of $780 in June, then you have done a fantastic job.

But if you have taken your positions at the +$750 levels in June, you would have seen the price tank to sub $550 some days later. Again, timing is your best friend.

agree with that mate. if we invest to bitcoin, being not so emotional helps a lot. Never panic when the price of bitcoin goes down because it will surely bounce up. going up and down price is but natural and that is where traders profit a lot of money - that volatility the timing to go in and out makes good amount of money.

[madwica]

I choose to invest in bitcoin since i do not afford to inveat in gold and also i like the services of bitcoin and i can maximize my earning just giving more time in bitcoin not only waiting for profit we can work to increase our profit.

[Sithara007]

I choose to invest in bitcoin since i do not afford to inveat in gold.

If you could afford bitcoin investment, then you could afford investment in gold as well. Now paper gold (ETFs) can be purchased for very small amounts, like $10 or $25. You don't need to spend $1,400 to purchase 1 Oz gold coins.

[chineseprancing]

I choose to invest in bitcoin since i do not afford to inveat in gold.

If you could afford bitcoin investment, then you could afford investment in gold as well. Now paper gold (ETFs) can be purchased for very small amounts, like $10 or $25. You don't need to spend $1,400 to purchase 1 Oz gold coins.

I think that amount of investing in gold is not enough to gain more profit but if you inveat that in bitcoin and do trading and sports betting that is good enough starting capital to earn profit.

[Denker]

I choose to invest in bitcoin since i do not afford to inveat in gold and also i like the services of bitcoin and i can maximize my earning just giving more time in bitcoin not only waiting for profit we can work to increase our profit.

Well when you can not afford to invest in both I understand that.
But in general your always should do some diversification of your portfolio.
I've a bit invested in gold, silver, Bitcoin and a few stocks.I also hold some cash.What I do not have is any significant amount of money on a bank account.
In your case I think you made the right choice as I see more potential in Bitcoin for future growth compared to gold.