Bitcoin or gold?

[bbosch]

Would there be any 'psychological effect'  if  btc price  >   gold price/ounce?   

[Kray]

I will use 80% my money to gold, and 20% money to bitcoin.

[South Park]

I'd prefered both 

i agree with you and i also like both but there is maximum people want to get profit with fast and we know that just bitcoin increasing its price too much faster and just bitcoin can give us a good profit quickly in short time and gold is increasing its price too much slow and we can not get profit quickly from gold in short time.

I am also agree with both of your answer because the main thing in the Bitcoin and gold is its saving as an investment whose price increases daily ( some times fall of price ) .
So both of them are good to accept .
Since in Bitcoin we can invest and store without taxation but in gold there are some restrictions to hold in much amount as an investment .

Probably the worst characteristic of gold is that it can be easily confiscated by the government if another ban on ownership of gold were to be put in place, unlike bitcoin that can be very difficult to confiscate if you take the right measures.

How is it so much easier to confiscate gold? First of all, Bitcoin doesn't have to be "confiscated," banning it would be effective. If all these payment processors whobdeal with Bitcoin become outlawed, it will make it hard to move money into Bitcoin, and cause a mass exodus as people liquidate to protect their money from losing value as the price of Bitcoin collapses. You couldn't "confiscate" it, but you could drive the value down so far as to make it virtually worthless or too worthless to bother with the risk of dealing in a banned currency. That can be done as easily, or probably much easier, than finding and confiscating physical gold.

Once the government or anyone doing the confiscation gets physical possession of your gold is game over, but this is not the case with bitcoin, even if they get your computer with your wallet, there is stuff you could have done to protect your coins, like encrypting your computer, having a backup of your hard drive, having a backup of your wallet.

[skyway1]

I will use 80% my money to gold, and 20% money to bitcoin.

i think gold is just a precious metal and we know that gold is not a profitable and we know that bitcoin rising its price too much faster and bitcoin is very much profitable currency than gold so you can invest your 80% money into bitcoin and 20% money invest in gold then you will be in profit.

[MMA]

I like them both but I think that the bitcoin is good but gold is better because its more secure if you know what I mean.

Yes I was also so, I use gold for the long term, I would not leave the gold although many lucrative investment in a short time like bitcoin or altcoin. I very afraid of being too quick to profit later if loss is also fast. Gold investment that there is never death, so my main choice anyway.

Gold has already proven for centuries and it is the king of all investments, imo. And you don't have to worry about its value for it is keep on appreciating as the time goes by, same goes with bitcoin with that type of increase but that depends on the demand of its users. But for me, it is better to have both for securing yourself.

i dont think gold will gonna be king of all investment and also gold is stable unlike bitcoin.  yes bitcoin users increasing everyday. agree with you its safe to have both.

to me i think both are good, both have their own feathers but still i will pick bitcoin, as there is a big fluctuation in the price of bitcoin, and hope that bitcoin will give me a good profit as compare to bitcoin therefore i will take risk and will invest my fiat in bitcoin.

[huahuaea]

Bitcoin and gold in a very long time will be very good investment products. We think it is the gold investment value and its ability as the value of the commodity. And we value bitcoin because of its limited number and its growing technological value. In the next ten years, due to the gradual application of bitcoin technology thousands of technical posts and enterprises will emerge like mushrooms. Of course, you can also invest in gold because it dominates the market structure for thousands of years and is the ultimate means of payment.

[DrGuns4Hands]

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.

even im bitcoin user. i still choose gold because even its the end of the world gold will be very precious and it will be still important. even its years old and very old gold will never decrease its self value but it will continously increase itself value. many of my office mates investing their money on gold because they can sell it on future in a great value

[Sithara007]

As the price goes up for bitcoins then that's an advantage for it. But I'm always thinking on two sides, because this price increase of bitcoin maybe is happening just for a while and for next year there is going to be a big down for it or else it is going to keep on pumping. Still I'm not removing my sight for these two investments.

Apart from the basic exchange rate, you need to look in to the other basics as well, if you are about to make an investment. For example, if you notice a sharp jump in the number of Bitcoin users, then it may be a good time to invest in BTC.

[passwordnow]

if I choose, I would choose gold because he can be used as an accessory and long-term investments, but if it's short-term investments and for internet purposes I chose BTC

The gold can be confiscated easily. It happend in the US and it is happening now in India. The governments have rights to do that.

What makes the US and Indian government to confiscate gold? Unless it is being smuggled they have the rights to confiscate that, but without basis that can be against the trading code and human rights for not allowing them to use jewelry and use it as a source of their living and the government doesn't have the rights for confiscating private properties without due process.

My country gold is a commodity for foreign countries, and exploit a large scale, it may be in your country can do a huge revolution, all countries are corrupt

No doubt that many countries are corrupt when it comes to gold and also if they are exploiting large scale of gold, that is because the opportunity with it is bigger as we know that can generate profit for your country. That's why I haven't tried to invest in gold even though I'm interested with it, just because a lot of competition are already in the market and for me bitcoin is more flexible when it comes to adoption and investment.

[Bitcoin0916]

I will use 80% my money to gold, and 20% money to bitcoin.

i think gold is just a precious metal and we know that gold is not a profitable and we know that bitcoin rising its price too much faster and bitcoin is very much profitable currency than gold so you can invest your 80% money into bitcoin and 20% money invest in gold then you will be in profit.

We have many things to consider when selecting investments, let alone for the long term, the more options of course is getting a good deal. I suggest, don't ever leave gold because it's an investment of time of first that never die. Bitcoin is currently very nice, we used for the short term and no more than 30% of all investments.

[molsewid]

you must always preferred gold because gold will be stable even if its years old you know that the price of gold is growing year by year . but when you compare it to bitcoin, bitcoin is not that stable right now even its growing fast you cant predict/tell when will it drop down. thats why i have investment on too. bitcoin and gold for better managing of my money

[BitHodler]

I will use 80% my money to gold, and 20% money to bitcoin.

It basically means you put more trust in Gold than in Bitcoin. Nothing wrong with that since it's your own opinion, but it would be nice to know why so much Gold.

I also plan to buy myself a certain amount of Gold in the coming years, but nothing in the range of 80% as you seem to prefer. That's way too much for me.

My ideal hodlings would look like this - 50% fiat, 40% Bitcoin, and the rest (10%) would be Gold. The Gold will function as a long term store of value tool rather than an actual investment.

[gredisgold88]

I'd prefered both  

i agree with you and i also like both but there is maximum people want to get profit with fast and we know that just bitcoin increasing its price too much faster and just bitcoin can give us a good profit quickly in short time and gold is increasing its price too much slow and we can not get profit quickly from gold in short time.

I am also agree with both of your answer because the main thing in the Bitcoin and gold is its saving as an investment whose price increases daily ( some times fall of price ) .
So both of them are good to accept .
Since in Bitcoin we can invest and store without taxation but in gold there are some restrictions to hold in much amount as an investment .

Probably the worst characteristic of gold is that it can be easily confiscated by the government if another ban on ownership of gold were to be put in place, unlike bitcoin that can be very difficult to confiscate if you take the right measures.

How is it so much easier to confiscate gold? First of all, Bitcoin doesn't have to be "confiscated," banning it would be effective. If all these payment processors whobdeal with Bitcoin become outlawed, it will make it hard to move money into Bitcoin, and cause a mass exodus as people liquidate to protect their money from losing value as the price of Bitcoin collapses. You couldn't "confiscate" it, but you could drive the value down so far as to make it virtually worthless or too worthless to bother with the risk of dealing in a banned currency. That can be done as easily, or probably much easier, than finding and confiscating physical gold.

Once the government or anyone doing the confiscation gets physical possession of your gold is game over, but this is not the case with bitcoin, even if they get your computer with your wallet, there is stuff you could have done to protect your coins, like encrypting your computer, having a backup of your hard drive, having a backup of your wallet.

yes, it is true, the gold mining so make losses and damage the environment, but I do not deny that I am also interested in gold, because gold can also be used as jewelry is not just for investment,while bitcoin is suitable for a promising investment

[upsidedown75]

Bitcoin is really equal to the value of gold presently and gold as it stands in the past few years and in our present days gold is one of the precious commodity but is not stable,but bitcoin has been steadily increasing up in potential rate value.

in real or in physic gold
gold price always incraese in every year but slowly
but in online trading use meta trader 4 in forex trading, gold is very high risk you can lost all money only one day
because gold price waves in every day over 500pips or 5000 point, is the first high waves price in another comodity in forex trading

While bitcoin not disclose their potential, it is better to deal with cryptocurrency. It is expected that all the time when the price will go up. And only then can translate into gold and all the savings.

Yes that will be the right option, in young age as you have good opportunities to make money from different ways, and to save some good for your future therefore you need to invest your money bitcoin and when you realize that have earned a good amount of money from bitcoin then you should go for saving it and then gold will be good option with you to store your income there for a long time.

[STT]

Would there be any 'psychological effect'  if  btc price  >   gold price/ounce?   

They were almost the same at one point.   Some suggested it very prudent to switch from one to the other, at least to balance out the two extremes of eternal metal with transient code or dam slow costly coin with easy cheap global transaction.
Apart from that no I dont think its a massive deal just a passing news story maybe.  The unit division to both is arbitrary and more about the dollar then either

[Zooplus]

Would there be any 'psychological effect'  if  btc price  >   gold price/ounce?   

They were almost the same at one point.   Some suggested it very prudent to switch from one to the other, at least to balance out the two extremes of eternal metal with transient code or dam slow costly coin with easy cheap global transaction.
Apart from that no I dont think its a massive deal just a passing news story maybe.  The unit division to both is arbitrary and more about the dollar then either

Both are good but not all people fits with investing gold so as bitcoin, we have to consider what we can afford to invest. The problem is, we like to invest with gold as it is more stable but have we realize how much we need to start investing?

[Vivace92]

I will use 80% my money to gold, and 20% money to bitcoin.

Yes, it is the best choice for now, we must put our money to fast gain like bitcoin, for me maybe more daring again because I would put 90% to bitcoin adn 10% to gold.

[Betwrong]

If I had spare money to invest in something I would definitely choose Bitcoin over Gold. I think that gold was so much hyped during the whole history of humanity that the price of it today is much greater than it should be. Next generations will be smarter and they will find that out and the price will drop significantly.

[Superzpay]

I will use 80% my money to gold, and 20% money to bitcoin.

Yes, it is the best choice for now, we must put our money to fast gain like bitcoin, for me maybe more daring again because I would put 90% to bitcoin adn 10% to gold.

It is the best choice if someone do not want to invest much of his wealth as for me putting money in gold is like saving them because the profit from gold is much much better and putting my money in bitcoin is like a real investment because due to my experience I have realized that there is a god profit in bitcoin investment.

[X7]

I would choose Bitcoin - the potential is far greater.