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Author Topic: Bitcoin or gold?  (Read 984455 times)
Gameroid
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July 15, 2017, 11:30:44 PM
Last edit: July 18, 2017, 04:59:51 AM by Gameroid
 #8341

For me, I will choose bitcoin over gold. That 10 years is a long term investment for bitcoin, I'll just ignore the volatility of bitcoin's price and just focus on the long run. Comparing the price increase rate of bitcoin, I'd go for bitcoin even if gold's price is a lot more stable than bitcoin. I can just wait for the rise of price of bitcoin that is really incomparable to gold's then sell some of it.
i will also choose bitcoin. and i think not only me be majority of people will be choosing bitcoin instead of gold and specially those people who are interested in trading and want to increase their investment. i am sure about bitcoin that very soon its price will increase too much may be this time its price cross 5000 USD level at the end of this year or at very beginning of 2018.
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July 16, 2017, 12:39:30 AM
 #8342

Gold because half of the planet dreams of it.
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July 16, 2017, 01:11:40 AM
 #8343

Looking at the present situation more users could have started switching to gold. Gold at point never gives such a price fluctuations. What's happening with bitcoin is simply big and users who are new to bitcoin and and made an buying when the price was high gets frustrated and leaves off.

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July 16, 2017, 01:22:10 AM
 #8344

Bitcoin or gold. We can not choose either of them because they have their own advantages. Bitcoin fluctuating nature makes the price can rise and fall drastically. As opposed to rising gold but not as fast as bitcoin
The_Dark_Knight
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July 16, 2017, 02:11:18 AM
 #8345

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 because I think Bitcoin will grow in 10 years time. Meanwhile, the price of gold is too stable so I think the profit earned from gold in 10 years is not much. Therefore, investing in Bitcoin is a bit risky and risky, but the profit made after 10 years is extremely large

You can't say that the returns from gold during the last 10 years was low. Check the historic prices. In 2007, the price of gold was $695 per oz, which went up to around $1,800 per Oz. in 2012. So it will be wrong to say that the returns from gold were low.
People have short memory, if an investment is not hot at the moment then they do not care at all about it, gold was hot some years ago, but now that the market has calmed down is almost as if gold disappeared from the radar of many, but that is because people only care about the short term, someone that has been in gold for a long time has nothing but profits to show for his efforts.
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July 16, 2017, 02:17:27 AM
 #8346

Bitcoin or gold. We can not choose either of them because they have their own advantages. Bitcoin fluctuating nature makes the price can rise and fall drastically. As opposed to rising gold but not as fast as bitcoin
At this moment that the price of bitcoin is dumping I think it's good to invest with gold for awhile to secure your money, that if you have a decent amount for investment but if not then just relax and wait after this segwit drama that people are feeling. I could already see wise people that are going to be happy after the August 1 because nothing bad will happen, it's the FUD that cause this market status right now.

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July 16, 2017, 07:11:52 AM
 #8347

Bitcoin or gold. We can not choose either of them because they have their own advantages. Bitcoin fluctuating nature makes the price can rise and fall drastically. As opposed to rising gold but not as fast as bitcoin
At this moment that the price of bitcoin is dumping I think it's good to invest with gold for awhile to secure your money, that if you have a decent amount for investment but if not then just relax and wait after this segwit drama that people are feeling. I could already see wise people that are going to be happy after the August 1 because nothing bad will happen, it's the FUD that cause this market status right now.

I think the price is low at the moment for the bitcoin. We shall convert gold into bitcoin.
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July 16, 2017, 07:15:56 AM
 #8348

I think the price is low at the moment for the bitcoin. We shall convert gold into bitcoin.

It will be a bad idea. Normally gold occupies the part of your portfolio which is reserved for long-term investment. It won't be a good idea to convert a long-term asset to a short-term or medium-term asset.
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July 16, 2017, 08:27:12 AM
 #8349

Today is probably the case when everyone rushed to transfer everything into gold, because there is no trust today in bitcoin.

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July 16, 2017, 08:38:40 AM
 #8350

Bitcoin or gold. We can not choose either of them because they have their own advantages. Bitcoin fluctuating nature makes the price can rise and fall drastically. As opposed to rising gold but not as fast as bitcoin
At this moment that the price of bitcoin is dumping I think it's good to invest with gold for awhile to secure your money, that if you have a decent amount for investment but if not then just relax and wait after this segwit drama that people are feeling. I could already see wise people that are going to be happy after the August 1 because nothing bad will happen, it's the FUD that cause this market status right now.

I think the price is low at the moment for the bitcoin. We shall convert gold into bitcoin.
yes the price is low  but  donnot invest all your money in bitcoin some of your money should invest in gold because its longterm investment

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sandrun
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July 16, 2017, 11:01:39 AM
 #8351

Bitcoin and gold are excellent forms of investment to use. We do not need to work to benefit from each item. Just enough to keep it for a long time. If you have better money you buy bitcoin or gold .. then you save it. I am sure in the next few years you will gain a lot of benefits. But I think the investment is very fast and profitable. Is bitcoin ..

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July 16, 2017, 01:08:49 PM
 #8352

But how many people have that wealth?

Gold is a poor investment on its own (I can't say that it is bad since it is not), and people investing in gold aim mostly at preserving their wealth, not earning any profits as such. But, as I just said, you should first have this wealth, and it is not like having a few (dozen) bitcoins, it is more about a few (dozen) million dollars when stacking up gold starts making sense. It won't give you profits in real purchasing power (most likely, 1 ounce of gold will buy you the same amount of goods in 10-year time as today) but it will certainly preserve the value of your capital

Nowadays it is really getting difficult to preserve our wealth, due to the rampant inflation. If gold or any other bullion metal is capable of preserving my wealth, then I would happily invest a part of my wealth in it. There are few other reliable options. Stock markets and real estate looks like inflated balloons right now. They can burst at any time

Gold will always be there

And if you have the amount of wealth which is big enough to last you for a few decades (say, pension savings), investing in gold should be a must-do thing. If you want to preserve the purchasing power of your assets, gold and inflation protected US Treasury bonds seem to be the obvious choice. Though I wouldn't invest in other precious metals. For example, platinum had been worth a lot more than gold previously but now it is well below the latter. The same pertains to silver, it is close to losing any significance as a precious metal

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July 16, 2017, 01:12:05 PM
 #8353

Gold will always be there

And if you have the amount of wealth which is big enough to last you for a few decades (say, pension savings), investing in gold should be a must-do thing. If you want to preserve the purchasing power of your assets, gold and inflation protected US Treasury bonds seem to be the obvious choice. Though I wouldn't invest in other precious metals. For example, platinum had been worth a lot more than gold previously but now it is well below the latter. The same pertains to silver, it is close to losing any significance as a precious metal

I wouldn't trust Platinum and Silver. The platinum supply scenario can change a lot if new deposits are found anywhere in the world, as the total market cap is very low. And silver is mostly used for industrial purposes, with less than 25% of the mined metal being used for investment and jewelry.
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July 16, 2017, 01:54:25 PM
 #8354

Bitcoin and gold are excellent forms of investment to use. We do not need to work to benefit from each item. Just enough to keep it for a long time. If you have better money you buy bitcoin or gold .. then you save it. I am sure in the next few years you will gain a lot of benefits. But I think the investment is very fast and profitable. Is bitcoin ..


Ya bitcoin is best thing to inverse your money. Many use gold to inverse their money on it. Because they only know that.We should spread knowledge of bitcoin among people. If you spread among people means they know what is bitcoin. They come to know why they inverse on bitcoin. Only for tax free inversement and huge profit.
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July 16, 2017, 02:19:34 PM
 #8355

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. Because it has a potential to grow in price as years pass by and it not easy to be grab by someone unlike gold it can be easily stolen and also not easy to hide  to a safe place.
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July 16, 2017, 02:21:57 PM
 #8356

i think that investment must be made in gold as well as bitcoin to keep your portfolo diversified and reduce the risks of market.investment must be made in bitcoin for faster growths and investment must be made in gold to ensure the safety of your principal amount.
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July 16, 2017, 10:20:03 PM
 #8357

Today is probably the case when everyone rushed to transfer everything into gold, because there is no trust today in bitcoin.
Wow, I mean wow. Actually you don't know the knowledge of economy. Why just because as you see the bad times of bitcoin. You have stopped believing bitcoin I’m sorry, it is just an economy regulation. Bitcoin is bringing the change into transactions speed. Therefore bitcoin itself told people to withdraw. Therefore prices goes down it will be goes up soon after August or in a middle of August it will break the $5000 USD.
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July 16, 2017, 11:35:02 PM
 #8358

I will go for bitcoin. Value in gold is going to be stable and low risk. Value in bitcoin is unimaginable- either all or none. I only live once so I go for bitcoin
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July 16, 2017, 11:45:28 PM
 #8359

I will go for bitcoin. Value in gold is going to be stable and low risk. Value in bitcoin is unimaginable- either all or none. I only live once so I go for bitcoin

I go for bitcoin too because I can never get rich by buying gold. But buying bitcoin one day can make us rich.

But don't remember that gold is much more stable than bitcoin.
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July 16, 2017, 11:54:39 PM
 #8360

I will go for bitcoin. Value in gold is going to be stable and low risk. Value in bitcoin is unimaginable- either all or none. I only live once so I go for bitcoin
I'll go for bitcoin too. The price is flexible at thats why even having gold is one of my dream before. Im  settling it for now and I'm focusing much with bitcoin today the price is really good though there are dips that happened from the pasts weeks and I guess it is now the golden age of bitcoin.

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