Bitcoin or gold?

[kaijialex]

for 3 or 4 or even 5 years, I can invest in Bitcoin with peace of mind that it will over perform Gold, but 10 years is a very long period that no one knows what technologies will be available at that time that may shake things up.

[deisik]

The credibility of the gold at all conclusive. Any currency of the world may lose its value and relevance in general, but gold will remain and will ensure the consistency of its owner.

You're absolutely right, but we now have Bitcoin that is basically offering the same features that a lot investors and long term minded people are looking for. With Bitcoin you also enjoy transparency in the way that you exactly know how many coins there are in circulation already, and how many there are left to be mined. Nothing can be faked or kept hidden from the market. That's not the case with gold. We depend on the information given by others in order to conclude how much gold is in circulation. Then I haven't even been talking about hidden gold stashes from governments and elite individuals

I don't really think the matters are somehow different with gold

I mean if you have a gold bar in your hands, it will remain the same gold bar. Even Bitcoin doesn't come close to that since it can just become worthless being superseded by another more promising currency. I don't think either that there are a lot of metals that could potentially dethrone gold. In this way, gold is in fact more decentralized than Bitcoin. On the other hand, if you want to say that gold prices can be manipulated, that's true indeed, but the same is even truer in respect to Bitcoin

[carlerha]

for 3 or 4 or even 5 years, I can invest in Bitcoin with peace of mind that it will over perform Gold, but 10 years is a very long period that no one knows what technologies will be available at that time that may shake things up.

i think investment for 3 or 4 years in bitcoin will be a good investment. we can expect that after 3 or 4 years bitcoin will give you a very good profit, which we cannot expect from gold because gold is so much stable and may be very little increase are decrease in its price after years as compare to bitcoin. i think gold is good but for saving, but now people are not interested in saving their assets in gold because security of bitcoin is also a problem, and keeping gold in  banks is so expensive therefore investment is the best option.

[Gameroid]

for 3 or 4 or even 5 years, I can invest in Bitcoin with peace of mind that it will over perform Gold, but 10 years is a very long period that no one knows what technologies will be available at that time that may shake things up.

i think 3 or 4 investment in bitcoin will be a good investment. we can expect that after 3 or 4 years bitcoin will give you a very good profit, which we cannot expect from gold because gold is such a stable currency and may be very little difference in its price as compare to the present price.

yes actually gold can only keep your investment safe. but if you want to increase your investment then bitcoin is the best option.

[richardsNY]

The credibility of the gold at all conclusive. Any currency of the world may lose its value and relevance in general, but gold will remain and will ensure the consistency of its owner.

You're absolutely right, but we now have Bitcoin that is basically offering the same features that a lot investors and long term minded people are looking for. With Bitcoin you also enjoy transparency in the way that you exactly know how many coins there are in circulation already, and how many there are left to be mined. Nothing can be faked or kept hidden from the market. That's not the case with gold. We depend on the information given by others in order to conclude how much gold is in circulation. Then I haven't even been talking about hidden gold stashes from governments and elite individuals

I don't really think the matters are somehow different with gold

I mean if you have a gold bar in your hands, it will remain the same gold bar. Even Bitcoin doesn't come close to that since it can just become worthless being superseded by another more promising currency. I don't think either that there are a lot of metals that could potentially dethrone gold. In this way, gold is in fact more decentralized than Bitcoin. On the other hand, if you want to say that gold prices can be manipulated, that's true indeed, but the same is even truer in respect to Bitcoin

Sure, gold will remain holding its position, but at least people have something different they can choose to use alongside gold, or completely as replacement. I personally highly value the transparency that Bitcoin offers as it's clear how many coins there are in circulation, and how many there are left to be mined. No way you can say how much gold there is in circulation as you are basically relying on information you can't verify.

[rchstr]

The credibility of the gold at all conclusive. Any currency of the world may lose its value and relevance in general, but gold will remain and will ensure the consistency of its owner.

You're absolutely right, but we now have Bitcoin that is basically offering the same features that a lot investors and long term minded people are looking for. With Bitcoin you also enjoy transparency in the way that you exactly know how many coins there are in circulation already, and how many there are left to be mined. Nothing can be faked or kept hidden from the market. That's not the case with gold. We depend on the information given by others in order to conclude how much gold is in circulation. Then I haven't even been talking about hidden gold stashes from governments and elite individuals

I don't really think the matters are somehow different with gold

I mean if you have a gold bar in your hands, it will remain the same gold bar. Even Bitcoin doesn't come close to that since it can just become worthless being superseded by another more promising currency. I don't think either that there are a lot of metals that could potentially dethrone gold. In this way, gold is in fact more decentralized than Bitcoin. On the other hand, if you want to say that gold prices can be manipulated, that's true indeed, but the same is even truer in respect to Bitcoin

Sure, gold will remain holding its position, but at least people have something different they can choose to use alongside gold, or completely as replacement. I personally highly value the transparency that Bitcoin offers as it's clear how many coins there are in circulation, and how many there are left to be mined. No way you can say how much gold there is in circulation as you are basically relying on information you can't verify.

yes surely that gold will remain holding its position as all country is using it as the main wealth source. gold will always be consistent as it is the based item of wealth for all the countries in the world so it will always be consistent. if you want to earn and you will pick one on the bitcoin or gold. i suggest to pick bitcoin as the price of it is very volatile.

[iged_war]

its depends on suply of gold or btc..i hold the instrument that has suply limited..it could make that price more expensive

[deisik]

You're absolutely right, but we now have Bitcoin that is basically offering the same features that a lot investors and long term minded people are looking for. With Bitcoin you also enjoy transparency in the way that you exactly know how many coins there are in circulation already, and how many there are left to be mined. Nothing can be faked or kept hidden from the market. That's not the case with gold. We depend on the information given by others in order to conclude how much gold is in circulation. Then I haven't even been talking about hidden gold stashes from governments and elite individuals

I don't really think the matters are somehow different with gold

I mean if you have a gold bar in your hands, it will remain the same gold bar. Even Bitcoin doesn't come close to that since it can just become worthless being superseded by another more promising currency. I don't think either that there are a lot of metals that could potentially dethrone gold. In this way, gold is in fact more decentralized than Bitcoin. On the other hand, if you want to say that gold prices can be manipulated, that's true indeed, but the same is even truer in respect to Bitcoin

Sure, gold will remain holding its position, but at least people have something different they can choose to use alongside gold, or completely as replacement. I personally highly value the transparency that Bitcoin offers as it's clear how many coins there are in circulation, and how many there are left to be mined. No way you can say how much gold there is in circulation as you are basically relying on information you can't verify

With Bitcoin it is not much different really

More specifically, you can say with surety indeed that there are currently no more than, say, 17M bitcoins having been mined, but you still don't know how many bitcoins are actually circulating. What's even more important in this respect, unlike gold, this number can change dramatically in a matter of literally minutes or seconds (when some long-term whale decides to bring his coins to the market) and crash the price massively. This is an unlikely event in the case of gold

[Sithara007]

its depends on suply of gold or btc..i hold the instrument that has suply limited..it could make that price more expensive

We are certain about the supply of BTC. We know exactly how many Bitcoins will be mined per day, for each day up to 2140. But regarding the supply for gold, the estimates can vary in accuracy.

[bestluck]

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.

If select both be? hhehe
I think all that smells of it should be profitable, it must be
because it is the law of nature '
maybe we invested each object

I can choose both as well if I get a lot of money. but if I get a small amount of money and I only have to choose one of them than I'll give bitcoin priority over Gold. I don't have big words. just because I like bitcoin more and I think bitcoin is more useful than Gold.

Bitcoin is another gold which have more tendency to give better results in compare to gold as gold is stable in compare to bitcoins where as price volatility in bitcoins makes it more attractive and it can give us best results in long run as we cannot predict how higher bitcoin price can go in future.

bitcoin, and gold could be exploited by time. if you're great in using bitcoin in a short time, I think bitcoin still be better. because, although the price can not be predicted, but you can use it for trading, or investing in some time. it can bring promised benefits. but, if you want to feel safe, perhaps gold is the best way to turn a profit, but in quite a long time.

Since bitcoin is not very stable today, I would invest in gold. Precious metals will always be valued, even with small variations in rates.

Your investment in gold will not benefit you if you want to get the profit from your investment as gold do not increase in value that much at which the the price of bitcoin increases. If you will want to store your money only then store in gold while if you want to get the profit then invest in bitcoin.

[slapper]

for 3 or 4 or even 5 years, I can invest in Bitcoin with peace of mind that it will over perform Gold, but 10 years is a very long period that no one knows what technologies will be available at that time that may shake things up.

Technology is keep on innovating and for now I really don't know what will happen for the next years, it's either bitcoin will be still on the lead or possibly there maybe new technologies about upgraded blockchain technology or upgraded crypto. But when it comes to bitcoin or gold, I will still go for bitcoin, it's the best.

Yeah, I will choose Bitcoin since Gold is too obsolete and it can not adapt the demand of people around. Gold can be easily damaged by many physical things while Bitcoin is protected by the algorithm Therefore. Bitcoin is better and over the past 8 years, we have seen that Bitcoin have been growing stronger and stronger

[deisik]

its depends on suply of gold or btc..i hold the instrument that has suply limited..it could make that price more expensive

We are certain about the supply of BTC. We know exactly how many Bitcoins will be mined per day, for each day up to 2140. But regarding the supply for gold, the estimates can vary in accuracy

We can only be certain about the upper limit

But the same can be said about gold too. Indeed, if a gold asteroid hits the Earth, it may massively change the supply of gold, though it is debatable whether anyone would still need gold soon thereafter. Since knowing the upper limit doesn't basically change anything (as I said in one of my previous posts), Bitcoin is not very different from gold in this respect. It is the number of coins actually participating in circulation that matters, but we don't know that number

[icecube45]

for 3 or 4 or even 5 years, I can invest in Bitcoin with peace of mind that it will over perform Gold, but 10 years is a very long period that no one knows what technologies will be available at that time that may shake things up.

Technology is keep on innovating and for now I really don't know what will happen for the next years, it's either bitcoin will be still on the lead or possibly there maybe new technologies about upgraded blockchain technology or upgraded crypto. But when it comes to bitcoin or gold, I will still go for bitcoin, it's the best.

Yeah, I will choose Bitcoin since Gold is too obsolete and it can not adapt the demand of people around. Gold can be easily damaged by many physical things while Bitcoin is protected by the algorithm Therefore. Bitcoin is better and over the past 8 years, we have seen that Bitcoin have been growing stronger and stronger

Yes indeed many people who previously used gold moved to bitcoin, it because the bitcoin price increase is more convincing this time. Bitcoin will be a good investment in the future because many advantages. But now I am sure there are many people who still use gold for investment because the price is still good. If I would choose both to get profitable, because both are still fit for use investment with the potential risks of each are different.

[BartS]

Both are good option if you want faster profits then bitcoin is without a doubt the best right now, but if what you want is stability and long term security then gold it is the best, so probably a good idea would be the divide your capital in 2 and invest the same amount on both.

[VTCutch]

Both are good option if you want faster profits then bitcoin is without a doubt the best right now, but if what you want is stability and long term security then gold it is the best, so probably a good idea would be the divide your capital in 2 and invest the same amount on both.

That's right, in order to reduce the risks vapital need to invest in different assets. I also plan to invest some of the money into gold. But now they are all I have invested in Bitcoin

[PhucS]

I think both are a reasonable choice at the present time. Bitcoin is the price of copper has returned to steady at around $ 1,000 while gold remained at the old price is $ 1,133. Dong Bitcoin has flourished, almost dominate the world of electronic money. Its value is predicted to be still rising. Throughout the years, gold has always been a medium of exchange in the world's oldest. But after the US presidential election, the price of gold has been decline in and the price of Bitcoin is higher. However gold is still a not bad investment channels. Both gold and Bitcoin are long-term investments, you can choose both or choose one of them because gold or Bitcin are good.

[shulio]

Both are good option if you want faster profits then bitcoin is without a doubt the best right now, but if what you want is stability and long term security then gold it is the best, so probably a good idea would be the divide your capital in 2 and invest the same amount on both.

I dont agree with the word security for gold there. For security, bitcoin is still much better than gold. You need spaces to store your gold and most people store their gold in banks which is a third party and it is not really safe. For security, bitcoin is much better because you could store in anywhere as long as you are connected to internet or even not

[deppil]

Both are good option if you want faster profits then bitcoin is without a doubt the best right now, but if what you want is stability and long term security then gold it is the best, so probably a good idea would be the divide your capital in 2 and invest the same amount on both.

yeah both have different characteristics. if you want a quick profit you can use bitcoin. if you want a low risk you could use gold. but it would be good too, if you use both to invest

[Rostadom]

Both are good option if you want faster profits then bitcoin is without a doubt the best right now, but if what you want is stability and long term security then gold it is the best, so probably a good idea would be the divide your capital in 2 and invest the same amount on both.

I dont agree with the word security for gold there. For security, bitcoin is still much better than gold. You need spaces to store your gold and most people store their gold in banks which is a third party and it is not really safe. For security, bitcoin is much better because you could store in anywhere as long as you are connected to internet or even not

Hmm. It actually depends on where you store your bitcoins. In gold, when you put it in a vault or a bank, it's automatically safe. You can even purchase gold but don't actually have it physically. It would be just a record that a certain amount of gold from their company belongs to you. It would be really hard to rob a data from a company since it's secure.

On the other hand, bitcoin is just as secure as your efforts. Using an online wallet is not secure at all since at any given time, the online wallet site can get hacked. Using a desktop wallet is *kinda* safe but not really since your computer can get virus and it can be accessed by someone that's physically near it (i.e. your friends, relatives, etc.) Cold wallet *might* work. USB drive *might* work as well. It's really hard to make your funds 100% secure since your private keys would have to be written somewhere (on a paper or electronically).

[MONKEYJUNK]

I would choose gold, because it passed the test of time. I understand that Bitcoin seems very perspective now, but it's been only 5 years the IT developes really fast. Although it developes fast, gold doesn't lose its value. I think I would get 70% in gold and 30% in Bitcoin just in case.