Bitcoin or gold?

[metalbean]

Why anyone would compare bitcoins with gold...
bitcoins is a digital currency
gold is an asset

They are all considered "assets" from investment standpoint. Some assets have better liquidity while others better stability etc.

That's why we have different assets class: gold(silver etc), property(houses etc), stocks(fund etc) and now crypto

[8Habits]

I dont see any reason for gold, its shiny but useless to the average person. Bitcoin on the other hand serves a real purpose and its a great investment.

To expound the ideas you are saying here, think choosing gold as an investment is not good for these days because it's value could not defeat bitcoin. Having that kind of precious material will not put you into safer side of life andnit may threaten your life due to it's visible to criminals who might rob you while wearing that kind of jewelry. Those crimimals will hunt your wealth like Gold and will definitely put a bad interests for you; knowing that will be sold expensive price. If we compare it with bitcoin, although it's volatile but if you have plenty of that you will remain anonymous and not visible to physical world of money.

Well, it is not really necessary that if you invest on gold, you will need to have it on your posession. You can definitely trade with gold. Also, if you are really heavy in investing to gold or jewelries, you wanna keep it in safe vaults and don't wear it on public, because you cant really wear them all at the same time. Hence, unless you make open for public to see, that is the only time that criminals will target you. I have nothing against bitcoin or gold, in fact I have invested to both of them along with other investments.

[deisik]

I dont see any reason for gold, its shiny but useless to the average person. Bitcoin on the other hand serves a real purpose and its a great investment.

To expound the ideas you are saying here, think choosing gold as an investment is not good for these days because it's value could not defeat bitcoin. Having that kind of precious material will not put you into safer side of life andnit may threaten your life due to it's visible to criminals who might rob you while wearing that kind of jewelry. Those crimimals will hunt your wealth like Gold and will definitely put a bad interests for you; knowing that will be sold expensive price. If we compare it with bitcoin, although it's volatile but if you have plenty of that you will remain anonymous and not visible to physical world of money

But it is essentially the same with Bitcoin as well

Personally, I tend to think that your words are in fact and practice even truer with respect to Bitcoin rather than gold. As a rule, gold investors are conservative ones, and they are unlikely to show off their wealth and kinda prefer to lead a low profile life, therefore criminals may have difficulties tracking down these gold owners. Apart from that, possession of gold is rumored to be well correlated with the possession of guns, so "come and take it". On the other hand, the Bitcoin nouveaux riches are likely to be trying to impress their neighbors with their new wealth that would certainly instigate a lot of interest from the criminals of all kinds and colors

[oegarod]

My answer is both because gold and bitcoin can help you to become a better person

That's not fair. Just because of holding bitcoin and gold you're not gonna be a good or better person. This gives you an financial security if you have bitcoin or gold. When it comes to bitcoin you get a better profiting than gold. With gold the growth is slow, might profit in long term.

[OROBTC]

I dont see any reason for gold, its shiny but useless to the average person. Bitcoin on the other hand serves a real purpose and its a great investment.

To expound the ideas you are saying here, think choosing gold as an investment is not good for these days because it's value could not defeat bitcoin. Having that kind of precious material will not put you into safer side of life andnit may threaten your life due to it's visible to criminals who might rob you while wearing that kind of jewelry. Those crimimals will hunt your wealth like Gold and will definitely put a bad interests for you; knowing that will be sold expensive price. If we compare it with bitcoin, although it's volatile but if you have plenty of that you will remain anonymous and not visible to physical world of money

But it is essentially the same with Bitcoin as well

Personally, I tend to think that your words are in fact and practice even truer with respect to Bitcoin rather than gold. As a rule, gold investors are conservative ones, and they are unlikely to show off their wealth and kinda prefer to lead a low profile life, therefore criminals may have difficulties tracking down these gold owners. Apart from that, possession of gold is rumored to be well correlated with the possession of guns, so "come and take it". On the other hand, the Bitcoin nouveaux riches are likely to be trying to impress their neighbors with their new wealth that would certainly instigate a lot of interest from the criminals of all kinds and colors

deisik, yes that is one interesting difference between gold-only owners vs. BTC-only owners.  Gold owners also own guns, especially in my country (USA).

Your comment "come and take it" has become a popular meme among those who own guns (there is a fair amount of political efforts underway to dis-arm the American people, it has been going on a long time and will continue to as well).

FYI, I saw a Zero Hedge piece yesterday that said that the Czech Republic is about to put into their Constitution a right to bear arms similar to the USA's Second Amendment).  The Czech Republic is resisting Brussels...  They do not want to be told what to do by the EU (and they resist orders to take in Muslim and other refugees).

As they used to say in the American West:

"An armed society is a polite society."

[kpcian]

For me, Bitcoin...
I always choose the new thing, gold is a conventional investment tool, it's demand increasing but a decreasing rate, in the future, demand of gold will not be same as present. Bitcoin has created a new platform to make profit, it's value is increasing at a increasing rate so that i refer many closest person of me to invest in Bitcoin rather than gold.

[Vishnu.Reang]

I dont see any reason for gold, its shiny but useless to the average person. Bitcoin on the other hand serves a real purpose and its a great investment.

To expound the ideas you are saying here, think choosing gold as an investment is not good for these days because it's value could not defeat bitcoin. Having that kind of precious material will not put you into safer side of life andnit may threaten your life due to it's visible to criminals who might rob you while wearing that kind of jewelry. Those crimimals will hunt your wealth like Gold and will definitely put a bad interests for you; knowing that will be sold expensive price. If we compare it with bitcoin, although it's volatile but if you have plenty of that you will remain anonymous and not visible to physical world of money

But it is essentially the same with Bitcoin as well

Personally, I tend to think that your words are in fact and practice even truer with respect to Bitcoin rather than gold. As a rule, gold investors are conservative ones, and they are unlikely to show off their wealth and kinda prefer to lead a low profile life, therefore criminals may have difficulties tracking down these gold owners. Apart from that, possession of gold is rumored to be well correlated with the possession of guns, so "come and take it". On the other hand, the Bitcoin nouveaux riches are likely to be trying to impress their neighbors with their new wealth that would certainly instigate a lot of interest from the criminals of all kinds and colors

I don't think that the Bitcoin millionaires like to show off any more than their Gold counterparts. I have been a member of this forum for a while, and I have never seen a BTC millionaire bragging about his BTC holdings. People don't even reveal how much coins they own.

[Harriti]

I will choose both, 60% invest to Bitcoin and Altcoin for long-term, 40% invest to Gold and see it as a saving money long-term, maybe come to end of life
The reason I use more money to invest cryptocurrency because it have more potential now and can make a huge profit with 1-5 years. With Gold, Gold can growth but slow than Crypto because it stable and can't market fluctuations as crypto in present

[Vishnu.Reang]

I will choose both, 60% invest to Bitcoin and Altcoin for long-term, 40% invest to Gold and see it as a saving money long-term, maybe come to end of life
The reason I use more money to invest cryptocurrency because it have more potential now and can make a huge profit with 1-5 years. With Gold, Gold can growth but slow than Crypto because it stable and can't market fluctuations as crypto in present

Don't ignore the growth potential of gold. Somewhere I read that the gold prices can increase by as much as 4 times by 2020. The mine production of gold is in decline (due to the closure of mines in South Africa), and the demand is rising steadily thanks to Russia, China and India. I believe that gold is a very good candidate for long term investment.

[dribel]

I will choose both, 60% invest to Bitcoin and Altcoin for long-term, 40% invest to Gold and see it as a saving money long-term, maybe come to end of life
The reason I use more money to invest cryptocurrency because it have more potential now and can make a huge profit with 1-5 years. With Gold, Gold can growth but slow than Crypto because it stable and can't market fluctuations as crypto in present

I agree with you and I think that's a smart approach. Especially since we might face a major economic crisis within the next 2-3 years and Gold price has the potential to skyrocket in that case and whereas downside is relatively low.

[Hasbro27]

In my opinion, if long term I prefer gold than btc, because the price of gold is more stable

[Quadast]

In my opinion, if long term I prefer gold than btc, because the price of gold is more stable

I have assets in gold in the bank, but I will never sell them even if the price falls. I understand that maybe this is not a sensible move, but also gold can be touched and its physical state has a lower value than Bitcoin. Although to date we will see how much Bitcoin rises in price and how it becomes popular.

[valvevow]

In my opinion, if long term I prefer gold than btc, because the price of gold is more stable

I have assets in gold in the bank, but I will never sell them even if the price falls. I understand that maybe this is not a sensible move, but also gold can be touched and its physical state has a lower value than Bitcoin. Although to date we will see how much Bitcoin rises in price and how it becomes popular.

A good tip when you earn with Bitcoin, but keeps or invests in gold. That's just going to be hard to cope with, When you know that Bitcoin will be much more expensive than today. Therefore, the investment in Bitcoin looks more reasonable and colorful.

[Tungsten-1]

In my opinion, if long term I prefer gold than btc, because the price of gold is more stable

Yes for long term investment gold is very better than bitcoin because gold are the world wise assets all peoples know about gold ,but to me I like bitcoin because there are the best quality of bitcoin can you trade and invest money easily and well very profitable as compare to gold .

[ricardobs]

I dont see any reason for gold, its shiny but useless to the average person. Bitcoin on the other hand serves a real purpose and its a great investment.

Gold is easy, buy a bar, stick it in a safe, done.  Bitcoin requires a bit more technical know-how, but has tons of advantages.

You should need to mention all those advantages of bitcoin that people are come to know about these advantages. As people aware of that advantages like they will getting more familiar. So try to mention all those advantages which bitcoin has. I know bitcoin having many tons of advantages like it is enlarging on daily based. It is helping hard times and so on.

[Digitas]

 Gold has been performing well over a long period as an inflation hedge, but the returns in Bitcoin can be much larger.  Unfortunately both have their own risks.

[BarbieCasino]

I would pick bitcoin, and I know that I am gambling over it. But I have high expectation that bitcoin will keep on growing. I have a vision that I will be richer thanks to bitcoin.

no doubt it will be a right choice bitcoin is much better than gold. Bitcoin has high market price and still it’s going more and more up but gold is not that secure in price and investment there will be 50% chance for profit but in bitcoin you will earn no doubt , the price increase every day . 

[NEWGOODOUBLE]

For me, Bitcoin...
I always choose the new thing, gold is a conventional investment tool, it's demand increasing but a decreasing rate, in the future, demand of gold will not be same as present. Bitcoin has created a new platform to make profit, it's value is increasing at a increasing rate so that i refer many closest person of me to invest in Bitcoin rather than gold.

Nope I think gold demand will also rise slowly to see the world's population also continues to rise. As long as it happens gold inventory on earth continues to decline and this is certainly a great potential for gold prices to rise high in the future later? You also have to calculate it

[ModGirl]

I will choose both, 60% invest to Bitcoin and Altcoin for long-term, 40% invest to Gold and see it as a saving money long-term, maybe come to end of life
The reason I use more money to invest cryptocurrency because it have more potential now and can make a huge profit with 1-5 years. With Gold, Gold can growth but slow than Crypto because it stable and can't market fluctuations as crypto in present

You have a nice strategy for your investment and you will get benefit from that but make sure that the income wil come mostly from crypto currency and gold is not sure that where will it go and if it gone down then you will have to wait for years for its price to come back.

[guoyu78]

In my opinion, if long term I prefer gold than btc, because the price of gold is more stable

Yes for long term investment gold is very better than bitcoin because gold are the world wise assets all peoples know about gold ,but to me I like bitcoin because there are the best quality of bitcoin can you trade and invest money easily and well very profitable as compare to gold .

i think investment in gold is a wastage of time because gold increasing its price very much slow there is a lot of people investing their money in huge amount in bitcoin because bitcoin is the great way to make a big profit in less time.