centralbanksequalsbombs
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April 09, 2017, 09:11:20 PM |
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Agreed that both are valuable and both have their own unique features so the best thing would be to invest in both of them instead of depending only on one as gold will give good profits in long run and bitcoin can take care of short term profits depending on its price volatility.
More on bitcoin because the answer lay in this simple screenshot picture: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FPzbP0kvl.png&t=665&c=GZ4qBgNbAyL_yw) post-Christmas 2013 thru March 31, 2017: Breakdown of performance for that period (in USD terms): Bitcoin/USD: +80% S&P 500 Stocks: +30% Real Estate (REITs): +26% Gold: +3% Bonds: +1% I go into why this is and how fiat money around the world works in post: "Hacks & puppets & forks - how to destroy bitcoin" https://bitcointalk.org/index.php?topic=1834310.0
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kynaz
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April 09, 2017, 10:37:40 PM |
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I will save both golds and bitcoins . Because everything have their own valuable. Gold is a oldest valuable thing in the history and bitcoin is a newest valuable thing in the internet. So why don't we saving both them for us to become rich ?
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nomenclatur
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April 09, 2017, 11:20:38 PM |
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I will save both golds and bitcoins . Because everything have their own valuable. Gold is a oldest valuable thing in the history and bitcoin is a newest valuable thing in the internet. So why don't we saving both them for us to become rich ?
if you want to get more profit without thinking about investing, bitcoin is better than gold. firmer economic turnaround despite having a huge risk, to think about investing I prefer to collect the results of bitcoin to buy property, it is better for me. Many people think to collect of both, but I don't have comfort about it, maybe because I am still young and was always thinking about life challenges, I chose reviewing to do something risky.
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Nagadota
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April 09, 2017, 11:26:32 PM |
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I will save both golds and bitcoins . Because everything have their own valuable. Gold is a oldest valuable thing in the history and bitcoin is a newest valuable thing in the internet. So why don't we saving both them for us to become rich ?
if you want to get more profit without thinking about investing, bitcoin is better than gold. firmer economic turnaround despite having a huge risk, to think about investing I prefer to collect the results of bitcoin to buy property, it is better for me. Many people think to collect of both, but I don't have comfort about it, maybe because I am still young and was always thinking about life challenges, I chose reviewing to do something risky. Risky is fine because Bitcoin has genuine potential to grow a lot more - gold is more of a stable asset. Bitcoin isn't actually stable, it's just an investment and currency.
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virtualkeybuyer
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April 09, 2017, 11:37:17 PM |
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I will save both golds and bitcoins . Because everything have their own valuable. Gold is a oldest valuable thing in the history and bitcoin is a newest valuable thing in the internet. So why don't we saving both them for us to become rich ?
If you will save your money in gold and will not invest in bitcoin then you will just waste your time to invest in gold because the earning from gold is not high while in investment in bitcoin you will get a high profit in smaller time
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deppil
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April 10, 2017, 01:30:04 AM |
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looks price bitcoin for now, both of them very good for investment.. but i still prefer with gold, because gold have real fisik and prce always going up
i think the physical form it will be a hard time to keep it. imagine you're going to invest several million dollars. Of course you will have difficulty in storing the gold right ?
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revans
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April 10, 2017, 01:37:53 AM |
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I will save both golds and bitcoins . Because everything have their own valuable. Gold is a oldest valuable thing in the history and bitcoin is a newest valuable thing in the internet. So why don't we saving both them for us to become rich ?
If you will save your money in gold and will not invest in bitcoin then you will just waste your time to invest in gold because the earning from gold is not high while in investment in bitcoin you will get a high profit in smaller time Yes bitcoin has a tendency to give huge profits in quick time to the price volatility and that is not possible with gold as the price of gold is very stable and if you want to make huge profits from gold then you have to hold it for a really long time.
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Astvile
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April 10, 2017, 01:42:17 AM |
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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.
Gold of course.Golds price is stable and somewhat rising eve na at small %.As you say bitcoins is still in 5th year of his adventure anything bad may happen through in the 10 years time frame.Bitcoins may lose up its value because we all know bitcoins price is not stable
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President79
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April 10, 2017, 07:33:19 AM |
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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.
Gold of course.Golds price is stable and somewhat rising eve na at small %.As you say bitcoins is still in 5th year of his adventure anything bad may happen through in the 10 years time frame.Bitcoins may lose up its value because we all know bitcoins price is not stable Gold moves very slowly, not suitable for short-term benefit, I prefer bitcoin because proved favorable for 1 year I known bitcoin, after I first bought, I never got lost and always profitable, but I also be realistic because one time bitcoin will replace by another coin.
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sobsitesearch
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April 10, 2017, 07:39:41 AM |
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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.
Gold of course.Golds price is stable and somewhat rising eve na at small %.As you say bitcoins is still in 5th year of his adventure anything bad may happen through in the 10 years time frame.Bitcoins may lose up its value because we all know bitcoins price is not stable Gold moves very slowly, not suitable for short-term benefit, I prefer bitcoin because proved favorable for 1 year I known bitcoin, after I first bought, I never got lost and always profitable, but I also be realistic because one time bitcoin will replace by another coin. I do not think bitcoin will replaced by other coin there is not alt coin yet with the same services with bitcoin. I choose bitcoin to invest than gold because i have lots of things i can do with my bitcoin, i can entertain myself by doing trading, i can buy things directly with bitcoin and many more while gold can not.
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loges
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April 10, 2017, 07:59:09 AM |
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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.
Gold of course.Golds price is stable and somewhat rising eve na at small %.As you say bitcoins is still in 5th year of his adventure anything bad may happen through in the 10 years time frame.Bitcoins may lose up its value because we all know bitcoins price is not stable Gold moves very slowly, not suitable for short-term benefit, I prefer bitcoin because proved favorable for 1 year I known bitcoin, after I first bought, I never got lost and always profitable, but I also be realistic because one time bitcoin will replace by another coin. I do not think bitcoin will replaced by other coin there is not alt coin yet with the same services with bitcoin. I choose bitcoin to invest than gold because i have lots of things i can do with my bitcoin, i can entertain myself by doing trading, i can buy things directly with bitcoin and many more while gold can not. Yes gold can only be stored physically in your vault and you can't much do with it like you can do with bitcoins, you can use bitcoin in trading, gambling and you can also use it for shopping purposes which is never possible with gold.
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BigBos
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April 10, 2017, 09:04:30 AM |
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see both of them at this time makes me think to have both, because gold and bitcoin really able to give us an opportunity to change the life that we have. but, perhaps it is best to have a bitcoin, because bitcoin is the short and long term investments that you can not control with the ability you have.
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boyptc
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April 10, 2017, 09:16:24 AM |
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see both of them at this time makes me think to have both, because gold and bitcoin really able to give us an opportunity to change the life that we have. but, perhaps it is best to have a bitcoin, because bitcoin is the short and long term investments that you can not control with the ability you have.
If you are a business minded person, it's a best deal to have them both. They are both profitable and I don't want to compare them if I can see them to give me some decent profit in the end. Right now bitcoin is uprising while gold does have already stable market, so it depends on the investors if he will take both or only one.
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Janation
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April 10, 2017, 09:19:33 AM |
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see both of them at this time makes me think to have both, because gold and bitcoin really able to give us an opportunity to change the life that we have. but, perhaps it is best to have a bitcoin, because bitcoin is the short and long term investments that you can not control with the ability you have.
That is true, but there are differences in these two assets, bitcoin can be bought and stored in a wallet, offline or online, it is not tangible making it an ideal type of asset. gold on the other hand is tangible, yes it can also be bought but be extremely careful because there are a lot of bad guys that want to earn extra money and they rob you. Bitcoin can be mined by a certain hardware, gold can be mined by a certain place and it is really dangerous. I am on the side of bitcoin.
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kikeda
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April 10, 2017, 10:05:53 AM |
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see both of them at this time makes me think to have both, because gold and bitcoin really able to give us an opportunity to change the life that we have. but, perhaps it is best to have a bitcoin, because bitcoin is the short and long term investments that you can not control with the ability you have.
If you are a business minded person, it's a best deal to have them both. They are both profitable and I don't want to compare them if I can see them to give me some decent profit in the end. Right now bitcoin is uprising while gold does have already stable market, so it depends on the investors if he will take both or only one. People who have enough money will definitely invest in both of them instead of investing in only one as they will look forward to make profits from both the ends and if it happens then it will be a win win situation for them as it will give best profits on their investments.
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deisik
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April 10, 2017, 02:02:18 PM |
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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.
Gold of course.Golds price is stable and somewhat rising eve na at small %.As you say bitcoins is still in 5th year of his adventure anything bad may happen through in the 10 years time frame.Bitcoins may lose up its value because we all know bitcoins price is not stable Gold moves very slowly, not suitable for short-term benefit, I prefer bitcoin because proved favorable for 1 year I known bitcoin, after I first bought, I never got lost and always profitable, but I also be realistic because one time bitcoin will replace by another coin. I do not think bitcoin will replaced by other coin there is not alt coin yet with the same services with bitcoin. I choose bitcoin to invest than gold because i have lots of things i can do with my bitcoin, i can entertain myself by doing trading, i can buy things directly with bitcoin and many more while gold can not. Yes gold can only be stored physically in your vault and you can't much do with it like you can do with bitcoins, you can use bitcoin in trading, gambling and you can also use it for shopping purposes which is never possible with gold. Gold is for the rich (and superrich) while Bitcoin is for the poor (and not so poor), metaphorically speaking Gold is a compact form for storing wealth and its advantage before Bitcoin (as well as the US dollar) is that it can't go substantially lower in price, though it is unlikely to rise either (at least, on its own) unless the dollar itself gets massively devalued (which is as unlikely). So people come to gold when they are already rich enough to cover all their expenses with their fiat reserves or income they receive on a regular basis. Otherwise, you'd better stick with more liquid assets such as dollars themselves or bitcoins (if you are more into speculation)
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LeGaulois
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April 10, 2017, 02:41:08 PM |
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Remember that Gold was the reference internationnally until the US dollar takes the slot during the '70. When buying-trading ect the value was expressed in Gold not in dollar. with all the geo political problems we are seeing everyday, it's good to hold gold of course. If you nationnal currency comes to a point it has zero value, good luck to buy your food at supermarket and tell to the cashier " i pay with bitcoin"
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Fredomago
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April 10, 2017, 03:12:47 PM |
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Remember that Gold was the reference internationnally until the US dollar takes the slot during the '70. When buying-trading ect the value was expressed in Gold not in dollar. with all the geo political problems we are seeing everyday, it's good to hold gold of course. If you nationnal currency comes to a point it has zero value, good luck to buy your food at supermarket and tell to the cashier " i pay with bitcoin"
we can't say that yet mate, as we do believe that bitcoin will evolved and what if that things happen when supermarket have their system which already been integrated to bitcoin, bitcoin still a lots to prove and for most traders and investors are looking for it as another source of good investment as they love seeing fluctuations and taking advantage of it.
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Pettuh4
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April 10, 2017, 03:52:21 PM |
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I will save both golds and bitcoins . Because everything have their own valuable. Gold is a oldest valuable thing in the history and bitcoin is a newest valuable thing in the internet. So why don't we saving both them for us to become rich ?
I agree with you, it's wise to spread your assets and so having both commodities puts you and family in a good position to withstand whatever may happen in the future should one devalue.
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Altas
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April 10, 2017, 04:22:13 PM |
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Gold is a Precious Metal used by mankind as a medium of exchange for millennia. It is also useful in technology and manufacturing, and is appreciated for its beauty in the form of jewelry, art and keepsakes. Gold is widely regarded as a sound long-term investment and a hedge against market volatility.
Bitcoin, on the other hand, is a digital currency that did not exist until 2009. So, we don not know what will happen next.
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