Bitcoin or gold?

[dadaas]

Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.

but to me i think gold is good for saving and not for making money, as we can expect a very little change in the price of bitcoin while trading alt coin we can make good prift as there are more chances that the price of altcoin will goo high and we will get good chance to sell bicin.

Yes if you want to make regular profits in short term then that is possible only with bitcoins as to make profits from gold you have to wait for a long term and not all have patience to wait longer to make profits.

[MMA]

This time I will clearly take bitcoin than gold. Well, the opportunity to become rich by using bitcoin, is greater than the opportunity to use gold. Well, in my opinion, the use of gold in the area of business is limited, while the use of bitcoin in terms of business almost unlimited, so the possibility of bitcoin, bigger.

yes i think most of the people have this choice. bitcoin is more better than gold in the sense of trading and investment.

[flower1024]

Gold has no more upside, it has peaked at around 1400-1100 area. Bitcoin will go to 5-6 figures in the next 10 years. What are the odds for gold going 5 figures? it will never happen, gold is old, boring, and has no exciting future.

Many people always think that gold has no more upside but in actually gold has no limit and it can go to any high price. It is a limited quantity and uses of gold in many places so surely later stage gold will shortage and its prices also can go very high. But in other had bitcoins are only popular in gambling, porn and it is not yet popular in mainstream businesses. So there is no basis that bitcoins can go very high price and at the same time if few major countries where bitcoins are popular can bring some regulations then bitcoin prices can go down a lot as well.

[deisik]

Gold has no more upside, it has peaked at around 1400-1100 area. Bitcoin will go to 5-6 figures in the next 10 years. What are the odds for gold going 5 figures? it will never happen, gold is old, boring, and has no exciting future.

Many people always think that gold has no more upside but in actually gold has no limit and it can go to any high price. It is a limited quantity and uses of gold in many places so surely later stage gold will shortage and its prices also can go very high. But in other had bitcoins are only popular in gambling, porn and it is not yet popular in mainstream businesses. So there is no basis that bitcoins can go very high price and at the same time if few major countries where bitcoins are popular can bring some regulations then bitcoin prices can go down a lot as well

Yes, I'm certainly one of those people

And, as I already said it elsewhere, apart from strong dollar depreciation, the price of gold will likely remain where it is now (with minor volatility). Further, the gold price itself is determined by supply and demand but much of both supply and demand for gold comes from paper gold investors, so the rising demand for physical gold is not going to affect the prices in the way you seem to assume it will (provided this demand actually rises, which is no more than your other assumption). As an aside, there are quite a few limited assets out there, and their prices could theoretically go very high as well, but this alone in no way guarantees that they will

[Sithara007]

But I think that keeping gold in bank vault is much safer then keeping at home as its bank's responsibility to keep your gold safe and if there is some robbery or theft in the bank then banks will help you out in recovering your gold which is not possible if it gets stolen from the house.

There are risks associated with keeping gold in bank vaults. The probability of a robbery occurring is much higher than that if you keep the gold at home. Also, in some cases the insurance company might declare bankruptcy and refuse to refund you the full amount. Another risk is that in certain occasions (such as major wars), the government can confiscate all the gold which is being held in banks. 

[rizaldy23]

I prefer bitcoin and hopefully prices will continue to rise until it reaches $ 2,000

[Unikol]

My main preferences for gold over BTC is that I can hold gold in my hand, it is a physical item. BTC is 1's and 0's. You can't physically hold it in your hand. If your hard drive crashes and you don't have a backup of your wallet, your BTC is gone. Someone can hack an exchange and steal any BTC you have stored there (not the best idea anyway) and you will likely never recover it. Gold can not be destroyed. It can be stolen or lost, but never destroyed. Melt it down... it's still gold. Beat the hell out of it with a hammer... it's still gold. Drop it in a vat of acid... it's still gold

I certainly agree that gold has a lot of uses

And in some of these uses gold may well outperform Bitcoin, for example, as a store of value. But I can't possibly agree with your bias toward gold being indestructible. In fact, Bitcoin has a lot higher safety margin than gold in this respect. Yes, gold cannot be destroyed physically in the majority of cases that we might encounter in real life, though this doesn't in the least mean that it indestructible. You could dissolve it in some acids (mixtures of acids like aqua regia), it is very prone to wear and tear, you cannot make a copy of it, you cannot encrypt it. After all, it can just get stolen or confiscated. In this aspect, Bitcoin is by far more indestructible than gold. You print out a few copies of your paper wallet with encrypted keys on them and put them in a bank vault and your wall safe as well as save the encrypted keys in a file on a Google drive or elsewhere, and your bitcoins are protected from virtually anything that you could ever think of and which wouldn't render Bitcoin useless as such. And all this requires least amount of time and effort possible, you just need to know what to do

The good can be used in the electricity world. But it is difficult to be used as a currency.

[MMA]

But I think that keeping gold in bank vault is much safer then keeping at home as its bank's responsibility to keep your gold safe and if there is some robbery or theft in the bank then banks will help you out in recovering your gold which is not possible if it gets stolen from the house.

There are risks associated with keeping gold in bank vaults. The probability of a robbery occurring is much higher than that if you keep the gold at home. Also, in some cases the insurance company might declare bankruptcy and refuse to refund you the full amount. Another risk is that in certain occasions (such as major wars), the government can confiscate all the gold which is being held in banks. 

i think if you will put your gold in banks then they are responsible to take care of it and they will return your gold to you in any case, as they are bound to the government, to me i think it is comparatively risky if you will keep your gold with you in your house.

[deisik]

But I think that keeping gold in bank vault is much safer then keeping at home as its bank's responsibility to keep your gold safe and if there is some robbery or theft in the bank then banks will help you out in recovering your gold which is not possible if it gets stolen from the house.

There are risks associated with keeping gold in bank vaults. The probability of a robbery occurring is much higher than that if you keep the gold at home. Also, in some cases the insurance company might declare bankruptcy and refuse to refund you the full amount. Another risk is that in certain occasions (such as major wars), the government can confiscate all the gold which is being held in banks. 

i think if you will put your gold in banks then they are responsible to take care of it and they will return your gold to you in any case, as they are bound to the government, to me i think it is comparatively risky if you will keep your gold with you in your house

And what does that mean?

And it means exactly what I have been telling. These two posts with two opposing points mean that holding physical gold is a risky business, no matter where you are going to keep it, in a bank vault or in your safety room. And thereby I can declare that Bitcoin is the undisputed champion in this nomination both hands down. You encrypt the keys, you copy them, you save them in a few places (including those where you would otherwise be keeping gold), and your coins are safe for all practical intents and purposes

[BitcoinPC]

Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.

I am sure most of the people agree with your opinion. Because i see many of people want to do investment in both ways. But in gold we need big capital, but in bitcoin we could do it in litter capital, and start the investment in bitcoin.     

[densuj]

Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.

Yes I agree with your opinions, bitcoin is good for make money via trading, mining and other ways (short term investments) the scenario is after getting money from bitcoin,
we can buy the gold and hold for long time investments it is good way investing on bitcoin and gold because
basiccally we use capital just one time in bitcoin.

[tabas]

Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.

I am sure most of the people agree with your opinion. Because i see many of people want to do investment in both ways. But in gold we need big capital, but in bitcoin we could do it in litter capital, and start the investment in bitcoin.     

Just like what everyone is saying that it's better to have a lot of source of investment and income. And by investing for both of it that will give you an advantage of maximizing your profit but lessening the chance of your loss. Because if ever one of them isn't not at good state, it will be recovered by other one.

[Astvile]

Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.

I am sure most of the people agree with your opinion. Because i see many of people want to do investment in both ways. But in gold we need big capital, but in bitcoin we could do it in litter capital, and start the investment in bitcoin.     

Most people who have much wealth who is serious in making investments are just the one who will do this kind of strategy.For a big investor and who have enough wealth to be called rich yeah this will result in good decent profit but for people who can only invest a small amount then bitcoins is the best choice because you can earn more in bitcoins rather than gold.Due to high volatility of bitcoins

[Sithara007]

And what does that mean?

And it means exactly what I have been telling. These two posts with two opposing points mean that holding physical gold is a risky business, no matter where you are going to keep it, in a bank vault or in your safety room. And thereby I can declare that Bitcoin is the undisputed champion in this nomination both hands down. You encrypt the keys, you copy them, you save them in a few places (including those where you would otherwise be keeping gold), and your coins are safe for all practical intents and purposes

I would like to agree with your post. But then, I have also seen a lot of early adopters losing their coins from wallet robberies. Some of them were careless with the coins. But most of the others lost their coins, despite taking all the necessary precautions.

[lighpulsar07]

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.

Both, because bitcoin and gold are great source of investment in long term, it's good to diversify your investments to make more income the more investments you have, your wealth increases. That's why holders of bitcoin since 2009 are rich by now..

[virasog]

This time I will clearly take bitcoin than gold. Well, the opportunity to become rich by using bitcoin, is greater than the opportunity to use gold. Well, in my opinion, the use of gold in the area of business is limited, while the use of bitcoin in terms of business almost unlimited, so the possibility of bitcoin, bigger.

yes i think most of the people have this choice. bitcoin is more better than gold in the sense of trading and investment.

Indeed, and it is because most of the people just think   for the fast making money and we can see it to bitcoin not in gold at the moment since bitcoin is having its value higher every now and then. Bitcoin is a much better investment for the new generation as we shall see high rise in it in near future.

[deisik]

And what does that mean?

And it means exactly what I have been telling. These two posts with two opposing points mean that holding physical gold is a risky business, no matter where you are going to keep it, in a bank vault or in your safety room. And thereby I can declare that Bitcoin is the undisputed champion in this nomination both hands down. You encrypt the keys, you copy them, you save them in a few places (including those where you would otherwise be keeping gold), and your coins are safe for all practical intents and purposes

I would like to agree with your post. But then, I have also seen a lot of early adopters losing their coins from wallet robberies. Some of them were careless with the coins. But most of the others lost their coins, despite taking all the necessary precautions

I don't know how it could be possible to steal coins from an encrypted paper wallet

Unless you crack Bitcoin itself, of course (but then the whole system will crash instantly). Other than that, gold can get stolen too (and in fact, it does get stolen), and I guess that stealing gold is easier if you aim big time. After all, securing gold is more difficult and you can't encrypt it. On the other hand, even if you steal an encrypted wallet, it will be of no use to you. As I said in one of my previous posts, I consider safety margins of gold vs Bitcoin, and Bitcoin is a clear winner if we take security to extreme while still keeping things within practical limits. Indeed, if you hide your gold in the Mariana Trench, no one will be able to steal it from you, but would that be practical?

[Hypnosis00]

I will choose bitcoin because it where i am familiar in using and i think that it is more profitable than gold because of the price movement. Almost of my money are in bitcoin because i hope that bitcoin will have a higher price soon so i can make more money while in gold is just a design in a portfolio that takes a lot of years just to give you cents.

[bncbnc]

Investing in both sounds a great option to me as you cannot rely only on single investment in future and you have to diversify your portfolio buy investing at multiple places so to minimize the risk of loosing money in future I will choose to invest in both of them.

I am sure most of the people agree with your opinion. Because i see many of people want to do investment in both ways. But in gold we need big capital, but in bitcoin we could do it in litter capital, and start the investment in bitcoin.     

i think the only difference is that trading gold we have to wait for a long long time to get a minor income, as we can observe a very little change in the price of bitcoin, whereas trading bitcoin we can get a very good income in a very short period of time.

[Garlin]

Investing in both is the great option, you can collect both old and new "gold", easy to store/sell.