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Author Topic: Bitcoin or gold?  (Read 984412 times)
DoublerHunter
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March 27, 2017, 12:11:43 PM
 #7241

bitcoin because bitcoin has already surpassed gold in value this year. common sense

Very stupid sense then. The fact bitcoin has surpassed gold in value this year doesn't make it better. Maybe you don't know but we are talking about investing in gold or bitcoin. And because something has a higher value than something else doesn't mean it is better
That surpassed price was already done and now it is now back to the lower than the price of gold. If we talk about being stable on its price then gold is the best choice since we already see how the price is  strong and stabled. Even the bitcoin goes higher than gold it doesn't affect the price of gold and it just stays on its price and now we can see that the bitcoin price is falling down but the gold price is still the same.
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March 27, 2017, 01:46:30 PM
 #7242

I prefer gold. It is not only possible to hold in hands, but you always know that you will not remain without money. It always has a residual value. Bitcoin can disappear and you will remain penniless.
yes you have the right to take your decision and my decision is to chose bitcoin. as from bitcoin i can make more and more money as there s a big fluctuation in the price of bitcoin where as the price of gold remain stable and cannot give us a a good profit as compare to bitcoin.

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March 27, 2017, 02:27:36 PM
 #7243

It is also risky to store your big amount of bitcoin in one place, it is hard as storing a lot of gold. Hackers and scammers may find way to steal it. Gold is the best for long term investment as we can see on the price chart, its value is increasing as year goes by.

Right. To keep everything in one place is too risky. I'm already afraid to even go to some unknown site once again so that scammers can not steal my passwords. In this, gold takes advantage.

Yup that's the best reason for you at least :p
However unless you don't use your brain then a kid can also scam you easily.
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March 27, 2017, 02:53:17 PM
 #7244

It is also risky to store your big amount of bitcoin in one place, it is hard as storing a lot of gold. Hackers and scammers may find way to steal it. Gold is the best for long term investment as we can see on the price chart, its value is increasing as year goes by.

Right. To keep everything in one place is too risky. I'm already afraid to even go to some unknown site once again so that scammers can not steal my passwords. In this, gold takes advantage.

Yup that's the best reason for you at least :p
However unless you don't use your brain then a kid can also scam you easily.


Unfortunately there are probably as many scammers out there selling fake silver and gold bars as there are bitcoin scammers.
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March 27, 2017, 03:01:08 PM
 #7245

I prefer gold. It is not only possible to hold in hands, but you always know that you will not remain without money. It always has a residual value. Bitcoin can disappear and you will remain penniless.
yes you have the right to take your decision and my decision is to chose bitcoin. as from bitcoin i can make more and more money as there s a big fluctuation in the price of bitcoin where as the price of gold remain stable and cannot give us a a good profit as compare to bitcoin.
yes that can be a solid reason. i also think that trading bitcoin is more profitable as compare to invest my money in gold because gold cannot give me such a good profit that bitcoin can give me. therefore i will also select bitcoin instead of gold.
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March 27, 2017, 05:02:51 PM
 #7246

See it is a very ambiguous question to the ,
Hardcore investors present in the market.
I mean both gold and bitcoins are good form of investment.
They both have their assets as well as liabilities.
So you can't compare both of them directly.
I know many are excited with the success of bitcoin in such a short period of time,
But owning gold is also equally worth.
So you can't compare them directly.
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March 27, 2017, 08:41:50 PM
 #7247

I prefer gold. It is not only possible to hold in hands, but you always know that you will not remain without money. It always has a residual value. Bitcoin can disappear and you will remain penniless.
yes you have the right to take your decision and my decision is to chose bitcoin. as from bitcoin i can make more and more money as there s a big fluctuation in the price of bitcoin where as the price of gold remain stable and cannot give us a a good profit as compare to bitcoin.
yes that can be a solid reason. i also think that trading bitcoin is more profitable as compare to invest my money in gold because gold cannot give me such a good profit that bitcoin can give me. therefore i will also select bitcoin instead of gold.
It seems to me that we are talking about the fact that if the bitcoin exchange rate will fall sharply you can lose your investment and be left without money. If you invested in gold you can not earn money but lose their investment you can't because gold material, and the bitcoin virtual.
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March 28, 2017, 09:37:08 AM
 #7248

Gold vs Bitcoin 2017
Bitcoin prices have officially outpaced gold prices per ounce for the first time in the currency’s history. With the bitcoin price in 2017 trading above gold prices, you have a day that cryptocurrency lovers have longed for and bullion bulls have long feared. Indeed, the gold vs Bitcoin rivalry (at least in the media’s eyes) is only poised to become more heated as the year goes on. So is Bitcoin the new gold? And what’s next for the Bitcoin value 2017? Should you invest in Bitcoin or gold?
First, let’s dispense with some of the misconceptions between gold vs Bitcoin 2017.

Bitcoin is not yet a true hedge asset. Why not? Because it simply doesn’t have the stability to protect you from extreme fluctuations. Gold, on the other hand, is still far more stable, at least compared to Bitcoin. The volatility of Bitcoin might make it a more prized investment, but in terms of a place to stash your assets in order to protect them from economic downturns or currency value-loss, Bitcoin is not an entirely safe bet.
Unfortunately the virtual currency is very difficult to control. If tomorrow, for some reason the exchange ceases to trade bitcoin what will you do? Gold of course is not the best option, but it can always be sold in any country. For long-term investment is safer to invest in gold and short-term speculation with bitcoin can bring more income, but they are more risky. You choose.
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March 28, 2017, 11:14:46 AM
 #7249

Gold vs Bitcoin 2017
Bitcoin prices have officially outpaced gold prices per ounce for the first time in the currency’s history. With the bitcoin price in 2017 trading above gold prices, you have a day that cryptocurrency lovers have longed for and bullion bulls have long feared. Indeed, the gold vs Bitcoin rivalry (at least in the media’s eyes) is only poised to become more heated as the year goes on. So is Bitcoin the new gold? And what’s next for the Bitcoin value 2017? Should you invest in Bitcoin or gold?
First, let’s dispense with some of the misconceptions between gold vs Bitcoin 2017.

Bitcoin is not yet a true hedge asset. Why not? Because it simply doesn’t have the stability to protect you from extreme fluctuations. Gold, on the other hand, is still far more stable, at least compared to Bitcoin. The volatility of Bitcoin might make it a more prized investment, but in terms of a place to stash your assets in order to protect them from economic downturns or currency value-loss, Bitcoin is not an entirely safe bet.

I hate it when prices are compared like that. It's two completely different assets, and bitcoin is not something you can hold in hand or have weight. Why not compare 1 satoshi to 1 ounce of gold? Or ounce to 1 btc? It doesnt make sense at all, you can compare is one of them better investment then other, but you cant compare prices.
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March 28, 2017, 11:36:06 AM
 #7250

Gold vs Bitcoin 2017
Bitcoin prices have officially outpaced gold prices per ounce for the first time in the currency’s history. With the bitcoin price in 2017 trading above gold prices, you have a day that cryptocurrency lovers have longed for and bullion bulls have long feared. Indeed, the gold vs Bitcoin rivalry (at least in the media’s eyes) is only poised to become more heated as the year goes on. So is Bitcoin the new gold? And what’s next for the Bitcoin value 2017? Should you invest in Bitcoin or gold?
First, let’s dispense with some of the misconceptions between gold vs Bitcoin 2017.

Bitcoin is not yet a true hedge asset. Why not? Because it simply doesn’t have the stability to protect you from extreme fluctuations. Gold, on the other hand, is still far more stable, at least compared to Bitcoin. The volatility of Bitcoin might make it a more prized investment, but in terms of a place to stash your assets in order to protect them from economic downturns or currency value-loss, Bitcoin is not an entirely safe bet.

I hate it when prices are compared like that. It's two completely different assets, and bitcoin is not something you can hold in hand or have weight. Why not compare 1 satoshi to 1 ounce of gold? Or ounce to 1 btc? It doesnt make sense at all, you can compare is one of them better investment then other, but you cant compare prices.
It seems to me that the comparison of prices has more moral significance than economic. To compare these values is not correct. I do treat everybody as a temporary asset and the issue price to me is a call to action.
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March 28, 2017, 11:42:59 AM
 #7251

Gold vs Bitcoin 2017
Bitcoin prices have officially outpaced gold prices per ounce for the first time in the currency’s history. With the bitcoin price in 2017 trading above gold prices, you have a day that cryptocurrency lovers have longed for and bullion bulls have long feared. Indeed, the gold vs Bitcoin rivalry (at least in the media’s eyes) is only poised to become more heated as the year goes on. So is Bitcoin the new gold? And what’s next for the Bitcoin value 2017? Should you invest in Bitcoin or gold?
First, let’s dispense with some of the misconceptions between gold vs Bitcoin 2017.

Bitcoin is not yet a true hedge asset. Why not? Because it simply doesn’t have the stability to protect you from extreme fluctuations. Gold, on the other hand, is still far more stable, at least compared to Bitcoin. The volatility of Bitcoin might make it a more prized investment, but in terms of a place to stash your assets in order to protect them from economic downturns or currency value-loss, Bitcoin is not an entirely safe bet.

I hate it when prices are compared like that. It's two completely different assets, and bitcoin is not something you can hold in hand or have weight. Why not compare 1 satoshi to 1 ounce of gold? Or ounce to 1 btc? It doesnt make sense at all, you can compare is one of them better investment then other, but you cant compare prices.
It seems to me that the comparison of prices has more moral significance than economic. To compare these values is not correct. I do treat everybody as a temporary asset and the issue price to me is a call to action.

In addition to the price, you still need to assess the possible risks. When investing in gold, they are much less than when investing in cryptocurrency. And this is very important for investors.
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March 28, 2017, 02:53:14 PM
 #7252

Gold vs Bitcoin 2017
Bitcoin prices have officially outpaced gold prices per ounce for the first time in the currency’s history. With the bitcoin price in 2017 trading above gold prices, you have a day that cryptocurrency lovers have longed for and bullion bulls have long feared. Indeed, the gold vs Bitcoin rivalry (at least in the media’s eyes) is only poised to become more heated as the year goes on. So is Bitcoin the new gold? And what’s next for the Bitcoin value 2017? Should you invest in Bitcoin or gold?
First, let’s dispense with some of the misconceptions between gold vs Bitcoin 2017.

Bitcoin is not yet a true hedge asset. Why not? Because it simply doesn’t have the stability to protect you from extreme fluctuations. Gold, on the other hand, is still far more stable, at least compared to Bitcoin. The volatility of Bitcoin might make it a more prized investment, but in terms of a place to stash your assets in order to protect them from economic downturns or currency value-loss, Bitcoin is not an entirely safe bet.
Unfortunately the virtual currency is very difficult to control. If tomorrow, for some reason the exchange ceases to trade bitcoin what will you do? Gold of course is not the best option, but it can always be sold in any country. For long-term investment is safer to invest in gold and short-term speculation with bitcoin can bring more income, but they are more risky. You choose.

i ask you the same thing. what will you do when tomorrow Gold exchanges went down for any reason. with gold you can't take out your investment, it will always remain virtual in their platform and you can't do anything about it unless wait and see what happens if the gold exchange comes back or not.

but with bitcoin you can withdraw to your secure cold storage with a click of a button, as fast, cheap and as efficient as possible with highest security.

and just FYI, you can sell bitcoin in any country that you can sell gold in.

There is a FOMO brewing...
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March 29, 2017, 07:28:54 AM
 #7253

Gold vs Bitcoin 2017
Bitcoin prices have officially outpaced gold prices per ounce for the first time in the currency’s history. With the bitcoin price in 2017 trading above gold prices, you have a day that cryptocurrency lovers have longed for and bullion bulls have long feared. Indeed, the gold vs Bitcoin rivalry (at least in the media’s eyes) is only poised to become more heated as the year goes on. So is Bitcoin the new gold? And what’s next for the Bitcoin value 2017? Should you invest in Bitcoin or gold?
First, let’s dispense with some of the misconceptions between gold vs Bitcoin 2017.

Bitcoin is not yet a true hedge asset. Why not? Because it simply doesn’t have the stability to protect you from extreme fluctuations. Gold, on the other hand, is still far more stable, at least compared to Bitcoin. The volatility of Bitcoin might make it a more prized investment, but in terms of a place to stash your assets in order to protect them from economic downturns or currency value-loss, Bitcoin is not an entirely safe bet.

I hate it when prices are compared like that. It's two completely different assets, and bitcoin is not something you can hold in hand or have weight. Why not compare 1 satoshi to 1 ounce of gold? Or ounce to 1 btc? It doesnt make sense at all, you can compare is one of them better investment then other, but you cant compare prices.
It seems to me that the comparison of prices has more moral significance than economic. To compare these values is not correct. I do treat everybody as a temporary asset and the issue price to me is a call to action.

In addition to the price, you still need to assess the possible risks. When investing in gold, they are much less than when investing in cryptocurrency. And this is very important for investors.

You can also use the digital coins easily. I have used them many times.
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March 29, 2017, 11:21:59 AM
 #7254

In addition to the price, you still need to assess the possible risks. When investing in gold, they are much less than when investing in cryptocurrency. And this is very important for investors.

It is quite understandable. Low-risk investment assets such as treasury bonds and bullion (including gold) usually give low annual returns. If you want greater returns, then you need to go for HYIPs and other high-risk investments such as Bitcoin.

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March 29, 2017, 11:57:04 AM
 #7255

In addition to the price, you still need to assess the possible risks. When investing in gold, they are much less than when investing in cryptocurrency. And this is very important for investors.

It is quite understandable. Low-risk investment assets such as treasury bonds and bullion (including gold) usually give low annual returns. If you want greater returns, then you need to go for HYIPs and other high-risk investments such as Bitcoin.


Its better to invest in bitcoin instead of investing in any hyips where the chances of getting cheated are very high as most of the sites turns out to be a scam in long run and you also don't have control on your funds but if you have bitcoin then you can sell it anytime you want to make profits.

                                                                               
                 
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March 29, 2017, 12:49:46 PM
 #7256

which is definitely gold because gold can be made ahead.
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March 29, 2017, 12:58:15 PM
 #7257

If you want greater returns, then you need to go for HYIPs and other high-risk investments such as Bitcoin.

You can't seriously put HYIP's and Bitcoin in the same category of high risk investment options. Bitcoin offers a long term growth opportunity, which at the same time can function as currency, store of value, hedge, etc. HYIP's are nothing more than pure scams. In that regard, I am quite surprised that you advice people to put their hard earned money into obvious scams. It's a shame.
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March 29, 2017, 01:12:40 PM
 #7258

I will choose bitcoin over gold as to make profits from gold I need to wait for a longer time and price of gold is also stable so holding it too long can be really boring for me as I am very much interested in making quick profits which is possible only with bitcoin.


 
 
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March 30, 2017, 10:47:09 AM
 #7259

If you want greater returns, then you need to go for HYIPs and other high-risk investments such as Bitcoin.

You can't seriously put HYIP's and Bitcoin in the same category of high risk investment options. Bitcoin offers a long term growth opportunity, which at the same time can function as currency, store of value, hedge, etc. HYIP's are nothing more than pure scams. In that regard, I am quite surprised that you advice people to put their hard earned money into obvious scams. It's a shame.

Not all the HYIPs are scams. And I am not advocating anyone to put their hard earned money in to the HYIPs. I have always made my stand clear. IMO, no more than 10% to 20% of the net worth should be allocated to the high-risk investments. And regarding the HYIPs, you need to carefully study them, to determine whether there is an adequate risk of losing your investment.

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March 30, 2017, 11:06:44 AM
 #7260

bitcoin actually also has a great potential in the future. see the gold reserves in the world have limits and will continue to decrease each year. Imagine the price of gold when gold reserves have been exhausted?
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