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Author Topic: Bitcoin or gold?  (Read 984421 times)
SoulBargain
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June 11, 2017, 02:54:10 AM
 #8101

Is fluctuating bitcoin suitable for future investment? Because I think the time when the price can go down drastically and rise very quickly. Is it suitable?

For Bitcoin it is but for other coins not since Bitcoin has a great market backing it up so we can ensure ourselves that if somehow bitcoin would go dump it would not be much unlike other altcoins when they dump it is too much and others would go straight to being dead. In the future, we will see bitcoin to stabilize a little bit but the fluctuations are always there but not that far apart from each other regarding the high and low points.
mamaita
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June 11, 2017, 05:12:11 AM
 #8102

Is fluctuating bitcoin suitable for future investment? Because I think the time when the price can go down drastically and rise very quickly. Is it suitable?

I think it fits just as long as we have to frequently monitor developments in the market, to always update if there is a sharp decline at least we can anticipate it
s0beit
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June 11, 2017, 05:29:13 AM
 #8103

Gold and bitcoin are both good for investment but if you want to get profit on short term maybe go for bitcoin. Bitcoin its a good for short term and you get a good profit in gold you need to wait in a ling term before you can see your profit.
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June 11, 2017, 05:37:56 AM
 #8104

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 bitcoin is only around for 5 years so after 5 years bitcoin have no value compared with gold that has higher and longer value
NEWGOODOUBLE
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June 11, 2017, 05:46:59 AM
 #8105

For me bitcoin is better than the other choices bitcoin has something that gold can't have,,, bitcoin also doubling its own value in just a year based on what happening right now also bitcoin is decentralized unlike gold that government hold.
On the other hand bitcoin has kambah which is not owned by others including gold. But I think gold also has something that bitcoin does not have. So I think both are equally good

NJB18
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June 11, 2017, 05:59:58 AM
 #8106

The 10 years is the catch. It provides the great dilemma worthy of argument. Grin If it is for a single decade, I would have it 50% gold and 50% bitcoin or even 70% bitcoin and only 30% gold.

But if we talk of keeping one among the two whose value will surely be kept intact for several decades to follow, I would not hesitate to go for gold 100%. It's value has been there since time immemorial. Nothing has virtually changed. Bitcoin is actually a by-product of the times.  Smiley
mornabo
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June 11, 2017, 08:23:29 AM
 #8107

For me bitcoin is better than the other choices bitcoin has something that gold can't have,,, bitcoin also doubling its own value in just a year based on what happening right now also bitcoin is decentralized unlike gold that government hold.
For quick and big profits. Of course everyone will choose bitcoin. How not to have bitcoin fluctuations or rapid price changes and it can give you a quick return for you
ariie
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June 11, 2017, 09:45:46 AM
 #8108

I will save it to BTC. Because the BTC is getting bigger The promise of a spetular profit ..
bitbob82
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June 11, 2017, 10:46:34 AM
 #8109

For me bitcoin is better than the other choices bitcoin has something that gold can't have,,, bitcoin also doubling its own value in just a year based on what happening right now also bitcoin is decentralized unlike gold that government hold.
For quick and big profits. Of course everyone will choose bitcoin. How not to have bitcoin fluctuations or rapid price changes and it can give you a quick return for you

yes that is right that bitcoin can give you a good profit in a short time you just need to hold it for some time and when the price goes up and if you have invested a good amount of bitcoin then you can certainly get a good profit in a short period of time.
hurain
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June 11, 2017, 12:48:49 PM
 #8110

For me bitcoin is better than the other choices bitcoin has something that gold can't have,,, bitcoin also doubling its own value in just a year based on what happening right now also bitcoin is decentralized unlike gold that government hold.
For quick and big profits. Of course everyone will choose bitcoin. How not to have bitcoin fluctuations or rapid price changes and it can give you a quick return for you

only those people will choose bitcoin who do not have good knowledge about bitcoin, those people who have invested money in gold they have to wait for a long long time if they want to make money from trading told but, those people who want to make good money from trading then they need to  invest money in trading bitcoin and altcoins.
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June 11, 2017, 02:05:56 PM
 #8111

For me bitcoin is better than the other choices bitcoin has something that gold can't have,,, bitcoin also doubling its own value in just a year based on what happening right now also bitcoin is decentralized unlike gold that government hold.
For quick and big profits. Of course everyone will choose bitcoin. How not to have bitcoin fluctuations or rapid price changes and it can give you a quick return for you

only those people will choose bitcoin who do not have good knowledge about bitcoin, those people who have invested money in gold they have to wait for a long long time if they want to make money from trading told but, those people who want to make good money from trading then they need to  invest money in trading bitcoin and altcoins

There is no plausible reason to think so

People put their money in gold not for the sake of earning profits, gold is a poor investment if you go exclusively for profits. You can't earn much with gold investments since gold has been underperforming heavily for the last 40 years. In fact, its price growth didn't even outpace dollar inflation. Moreover, whenever gold surged, it was primarily due to dollar devaluation, not gold rising on its own. And that's the primary reason why people buy gold, i.e. in order to save their wealth from catastrophic dollar depreciation if that should occur

Eclipse26
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June 11, 2017, 02:15:47 PM
 #8112

Its depends on the user. In this forum many says bitcoin over gold because they are prefer to used it than gold but if you are a gold user you can proudly say that its better than bitcoin. But me as a user I go to bitcoin because i never had gold in my entire life.

kpcian
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June 11, 2017, 02:21:13 PM
 #8113

Bitcoin, absolutely.

Gold is relatively stable and has had centuries (millennia?) to establish its relative value in the world.

Bitcoin is a disruptive technological protocol in its infancy.  It is still in the process of price discovery and as additional layers of interface are added on top of the protocol, the difference will be equivalent to the difference between the internet today and the internet in the 1980's.  It is impossible to predict what bitcoin will be like in 10 years, but I expect it will be exponentially more useful (and as such, exponentially more valuable) by then.
Yeah, I completely agree with you on this matter..
I also prefer Bitcoin to gold, though gold has created trusted platform for saving and investment but it's getting older format day by day, people always looking for a new platform to invest or saving, Because they always want to keep their investment in a safe mood, so Bitcoin is a fantastic platform regarding security measure.
Lagduf
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June 11, 2017, 02:24:54 PM
 #8114

For me bitcoin is better than the other choices bitcoin has something that gold can't have,,, bitcoin also doubling its own value in just a year based on what happening right now also bitcoin is decentralized unlike gold that government hold.
For quick and big profits. Of course everyone will choose bitcoin. How not to have bitcoin fluctuations or rapid price changes and it can give you a quick return for you

Those are looking about the volatility of bitcoin try to take big profit from there. Bitcoin will be mainstream payment method in the future. The volatility makes bitcoin is better than gold. Tha market of gold has dominated by the bank and it's not good.

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itsallpc
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June 11, 2017, 02:38:10 PM
 #8115

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 would choose bitcoin instead of gold as bitcoin has given tremendous returns to its investors while in the same time,gold has given very few profit.Gold being in existence for centuries is an added benefit for gold but bitcoin too is working on a secured block chain technology.So our investment in bitcoin is safe.
8Habits
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June 12, 2017, 01:16:28 AM
 #8116

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 would choose bitcoin instead of gold as bitcoin has given tremendous returns to its investors while in the same time,gold has given very few profit.Gold being in existence for centuries is an added benefit for gold but bitcoin too is working on a secured block chain technology.So our investment in bitcoin is safe.

you are correct mate but for me, it is wiser to invest in both bitcoin and gold or even more invest with other investment vehicles as well so that you will a diversified portfolio investment an if in case one of your investment is down, you are covered with other investments of yours.
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June 12, 2017, 03:06:30 AM
 #8117

i answer bitcoin because this is the future. blockchain and crypto arrived to this world to live forever. however, i consider that nem could replace it. two japanese exchangers accepted this coin to be traded. your owners are members of the team that created the nem too. and there´s a japanese bank that it has taken the nem blockchain to process your client´s transactions: 2.5 millons transaction per day, reducing your cost a 90 % . consequence of this the price increased 3000 % in three months. and i add that,in my opinion, the reason that japanese government has accepted the bitcoin as a legal currency is because they want to accept the nem too, in one or two years every japanese banks will adopt your blockchain.
Bitcollector
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June 12, 2017, 03:07:51 AM
 #8118

I' do both, but take bitcoin over gold simply because I'm a psychic and I see that in 10 years, Bitcoin would be worth 100million each.


haha.
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June 12, 2017, 05:18:13 AM
 #8119

definitely, i would like to prefer bitcoin to gold, I strongly believe in value so Bitcoin is getting more value than gold, in recent moneths bitcoin has gained almost double value, so bitcoin should be the choice for everyone...not only that, bitcoin is getting acceptable to everywhere day by day.
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June 12, 2017, 09:10:48 AM
 #8120

I choose bitcoin because it fluctuates so that i can gain far greater profits than gold. And on gold, i chose it for longterm investment and i kept it just at home, so no need to pay for SDB lease.
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