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Author Topic: Bitcoin or gold?  (Read 984414 times)
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February 13, 2017, 10:48:26 AM
Last edit: February 13, 2017, 10:59:22 AM by deisik
 #6841

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)

The same pertains to gold in basically equal degree

And I wouldn't consider storing gold in a bank vault as safe. That can be stolen by the bank itself or just confiscated by the government (which is essentially the same). Paper gold is completely out of the question if you primarily aim at storing value (though it is okay for short-term speculation). If there is a gold-run and prices for physical metal skyrocket, your paper gold will likely get nullified (or there will be a huge price gap between real and paper gold)

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February 13, 2017, 04:55:15 PM
 #6842

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
yeah we can earn quick profit from bitcoin and gold is much more stable and we can earn profit from gold too much slow because gold increasing its value too much slow than bitcoin so bitcoin is very much profitable than gold. 
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February 13, 2017, 05:01:39 PM
 #6843

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
yeah we can earn quick profit from bitcoin and gold is much more stable and we can earn profit from gold too much slow because gold increasing its value too much slow than bitcoin so bitcoin is very much profitable than gold. 
combines both are made better income. but, I think it would be wasteful for the purchase of gold, because gold has a high price. in addition, to make a profit with gold, then we must keep it for a long time. but with bitcoin, you can trade to make it into more, and you will not feel that the time has passed. when you realize that the price of gold is high, and it could be something very beneficial.


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February 13, 2017, 05:25:31 PM
 #6844

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
yeah we can earn quick profit from bitcoin and gold is much more stable and we can earn profit from gold too much slow because gold increasing its value too much slow than bitcoin so bitcoin is very much profitable than gold. 

IMO, gold and bitcoin have different purposes. Gold is a stable asset, which is useful for maintaining the net worth. On the other hand, Bitcoin is a volatile asset, which may bring a significant loss or profit, depending on the luck.

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February 13, 2017, 07:55:35 PM
 #6845

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
yeah we can earn quick profit from bitcoin and gold is much more stable and we can earn profit from gold too much slow because gold increasing its value too much slow than bitcoin so bitcoin is very much profitable than gold. 

IMO, gold and bitcoin have different purposes. Gold is a stable asset, which is useful for maintaining the net worth. On the other hand, Bitcoin is a volatile asset, which may bring a significant loss or profit, depending on the luck.

Exactly. Shows over, we can lock the thread now Smiley
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February 13, 2017, 09:14:44 PM
 #6846

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
yeah we can earn quick profit from bitcoin and gold is much more stable and we can earn profit from gold too much slow because gold increasing its value too much slow than bitcoin so bitcoin is very much profitable than gold. 
i think maximum people want to earn profit quickly and they choose the bitcoin than gold because bitcoin growing its value day to day and you are right that is much more stable and increasing its value too much slow.
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February 13, 2017, 09:40:38 PM
 #6847

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
yeah we can earn quick profit from bitcoin and gold is much more stable and we can earn profit from gold too much slow because gold increasing its value too much slow than bitcoin so bitcoin is very much profitable than gold. 
i think maximum people want to earn profit quickly and they choose the bitcoin than gold because bitcoin growing its value day to day and you are right that is much more stable and increasing its value too much slow.

Even Bitcoin is a online currency and in coming days we can do all types of purchasing through bitcoins,  And it is really good for investment. Gold is also good but comparing the price bitcoin has more value

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February 13, 2017, 09:45:57 PM
 #6848


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.


Gold is good because you said it right and there's no question on it. But the problem is on what are we depending and where are we getting profit and good finances. I admit that I love to have gold but it's hard for me to enter the gold industry I know the tough market, so I go for bitcoin. A lot of opportunities and it is complete package with service, investment and currency.



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February 13, 2017, 09:50:49 PM
 #6849

Gold : conservative option

Bitcoin : risky option

If you have enough money get 50%/50% and sleep better Smiley

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February 13, 2017, 10:34:14 PM
 #6850

I will choose bitcoin but I don’t think that is that surprising since this is a bitcoin forum, if you asked the question in a forum about gold then you will get the opposite results you are getting here.

Make sense.. But I really found people that have possession of golds that are investing as well in bitcoin - they are somewhat open minded with business and investing.. Well, that what makes them really having wealth due to their mind setting and not on their current possession of gold and bitcoin
Both are good investments especially if you are planning to hold long term, but I will also add silver to the mix since silver is very cheap, way cheaper than gold, the only problem is if you have lots of money storing silver becomes a problem very fast.
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February 13, 2017, 11:29:25 PM
 #6851

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
yeah we can earn quick profit from bitcoin and gold is much more stable and we can earn profit from gold too much slow because gold increasing its value too much slow than bitcoin so bitcoin is very much profitable than gold. 
i think maximum people want to earn profit quickly and they choose the bitcoin than gold because bitcoin growing its value day to day and you are right that is much more stable and increasing its value too much slow.
Gold has exist for hundred years even thousands
So it gives people feel secure guaranteed they will not lost the whole money in one night
While bitcoin still makes people insecure , they think bitcoin can disappear within a hour!
That's why so far people still choose gold over bitcoin.
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February 14, 2017, 03:55:45 AM
 #6852

Gold : conservative option

Bitcoin : risky option

If you have enough money get 50%/50% and sleep better Smiley

None of the market experts and investment specialists will favor investing 50% of your wealth in risky assets. Most of the time it will be 90-10, or at the max it may be 80-20 (20 for BTC, 80 for gold).

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February 14, 2017, 07:06:57 AM
 #6853

if there is a choice bitcoin or gold I definitely would choose bitcoin, because now it harganyta has started to increase every year always go up, and the market was also now many users. This is a business opportunity in the current era
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February 14, 2017, 04:00:53 PM
 #6854

Gold : conservative option

Bitcoin : risky option

If you have enough money get 50%/50% and sleep better Smiley

None of the market experts and investment specialists will favor investing 50% of your wealth in risky assets. Most of the time it will be 90-10, or at the max it may be 80-20 (20 for BTC, 80 for gold).

For good reason too. Even 10% or 20% of your investment portfolio is a very sizable chunk of money that you could have invested in bitcoin.
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February 14, 2017, 08:33:51 PM
 #6855

I would prefer bitcoins because I know that the price of the gold is going down and I don't think that it's a good idea to buy gold because you will have first to use real money but with bitcoins you can earn money without spend lots of money.
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February 14, 2017, 08:52:17 PM
 #6856

if there is a choice bitcoin or gold I definitely would choose bitcoin, because now it harganyta has started to increase every year always go up, and the market was also now many users. This is a business opportunity in the current era
I would do the same at the current time. gold maybe a good metal and very precious but bitcoin have some other featres and advance advantages which are far far away from gold. gold is only something to wear as jewelery or store as a frozen investment. but bitcoin have many more features.
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February 14, 2017, 09:06:14 PM
 #6857

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.
I will choose Bitcoin compare to gold, because can be use for money transfer, while gold not, bitcoin can be use for bills of payments wile not, bitcoin can be use in shopping online while not. Though they'll have both value, fluctuation, but not in flexibility and volatility.

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February 14, 2017, 09:20:51 PM
 #6858

I'd go with gold, BTC is still a little to new and volital.

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February 14, 2017, 09:28:51 PM
 #6859

I would prefer bitcoins because I know that the price of the gold is going down and I don't think that it's a good idea to buy gold because you will have first to use real money but with bitcoins you can earn money without spend lots of money.
It just depends on how you look at it. If you purely focus on this year so far, then you can say that for gold standards it has been doing pretty well.

But if you look at how the last 5 years have been, then you can indeed see that the price has been going down. But if you look at it from an investor's point of view, then it offers opportunities.

If you buy Bitcoin then you have to use money as well at the beginning. I just don't see how you compare an easy divisible currency as Bitcoin with something physical that doesn't lend itself for online micro payments.

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February 15, 2017, 06:36:46 AM
 #6860

Gold : conservative option

Bitcoin : risky option

If you have enough money get 50%/50% and sleep better Smiley

None of the market experts and investment specialists will favor investing 50% of your wealth in risky assets. Most of the time it will be 90-10, or at the max it may be 80-20 (20 for BTC, 80 for gold).

Actually it depends on each of us whether believe in gold or bitcoin though. But to see this price lately I think bitcoin is worth to keep though. If I have enough money I will put 30 70 on bitcoin or may 40 60. With this volatile price we might get some profit on trading too
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