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Author Topic: Bitcoin or gold?  (Read 984456 times)
naitik01
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October 22, 2017, 06:04:20 PM
 #9381

I think gold would be safe bet and bitcoin the risky, bitcoin is unstable compared to gold.
8Habits
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October 24, 2017, 02:41:27 AM
 #9382

Given the conditions, I would choose gold over bitcoins because of the fact that gold is there into existence since ever while bitcoins are just new inventions. Also, bitcoin are more fluctuative compared to gold in value.
Sure, Bitcoin is more volatile. But its value also steadily increases at a faster rate than that of Gold does. Furthermore, just because Gold is tangible doesn't mean its more valuable. Ideas are the most worthwhile resource on this planet in this century, which is why companies like Facebook and Google are so widely successful despite not really moving anything physical around.

I could not agree more. Internet connectivity is not tangible and yet people are and have the potential to earn more than he could ever be working with tangible things offline.
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October 24, 2017, 02:43:37 AM
 #9383

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 prefer bitcoin. Gold has been here in the world for a long time, it’s price did not increase as much as I expected. I believe bitcoin’s value will gradually increase in the future.
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October 24, 2017, 02:59:53 AM
 #9384

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.

For me, gold is a good choice, and you will never be wrong in investing in gold, but bitcoin is what I think a wise but risky investment. In bitcoin, you can get your money to make you a large sum of profit in just a few months, now, just imagine how much profit will you make in 10 years!. I could just imagine how much that profit could that be. But going with gold, is not a bad idea aswell.

8Habits
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October 24, 2017, 03:29:32 AM
 #9385

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.

For me, gold is a good choice, and you will never be wrong in investing in gold, but bitcoin is what I think a wise but risky investment. In bitcoin, you can get your money to make you a large sum of profit in just a few months, now, just imagine how much profit will you make in 10 years!. I could just imagine how much that profit could that be. But going with gold, is not a bad idea aswell.

So the wise decision would be to invest to both bitcoin and gold because investing to just one is something not as cool as investing to both of them Smiley They both have the potential to grow your investment and that is really fun. However, I see that bitcoin is good for short term gain while gold is for long term. What I meant is that, you can buy and sell several times with bitcoin in a short period of time and earning good profits but not that really with gold because the former has some sort of volatility and if you are a good trader, you can capitalize on this volatility.
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October 24, 2017, 03:34:16 AM
 #9386

Given the conditions, I would choose gold over bitcoins because of the fact that gold is there into existence since ever while bitcoins are just new inventions. Also, bitcoin are more fluctuative compared to gold in value.
Sure, Bitcoin is more volatile. But its value also steadily increases at a faster rate than that of Gold does. Furthermore, just because Gold is tangible doesn't mean its more valuable. Ideas are the most worthwhile resource on this planet in this century, which is why companies like Facebook and Google are so widely successful despite not really moving anything physical around.

Yes, bitcoin makes investment sense than gold because you stand to make more profit in a short or long term whereas the rate of increase in gold price is way too low compared to bitcoin so investment-wise i would also pick bitcoin over gold.
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October 24, 2017, 03:50:54 AM
 #9387

Given the conditions, I would choose gold over bitcoins because of the fact that gold is there into existence since ever while bitcoins are just new inventions. Also, bitcoin are more fluctuative compared to gold in value.
Sure, Bitcoin is more volatile. But its value also steadily increases at a faster rate than that of Gold does. Furthermore, just because Gold is tangible doesn't mean its more valuable. Ideas are the most worthwhile resource on this planet in this century, which is why companies like Facebook and Google are so widely successful despite not really moving anything physical around.

Yes, bitcoin makes investment sense than gold because you stand to make more profit in a short or long term whereas the rate of increase in gold price is way too low compared to bitcoin so investment-wise i would also pick bitcoin over gold.
Bitcoin is a good investment for small capitalist and everyone can make bitcoin as investment if they are not afraid to take the risk, it has a risk although it's a profitable investment so far and I think by putting your money for long term this would help us to earn more. I would always choose bitcoin because I have been making profit for years already and I will continue investing what gives me a real profit.

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October 24, 2017, 03:56:24 AM
 #9388

Given the conditions, I would choose gold over bitcoins because of the fact that gold is there into existence since ever while bitcoins are just new inventions. Also, bitcoin are more fluctuative compared to gold in value.
Sure, Bitcoin is more volatile. But its value also steadily increases at a faster rate than that of Gold does. Furthermore, just because Gold is tangible doesn't mean its more valuable. Ideas are the most worthwhile resource on this planet in this century, which is why companies like Facebook and Google are so widely successful despite not really moving anything physical around.

Yes, bitcoin makes investment sense than gold because you stand to make more profit in a short or long term whereas the rate of increase in gold price is way too low compared to bitcoin so investment-wise i would also pick bitcoin over gold.

But I prefer both instead to put my money in a single product. Bitcoins are riskier so I invest less and more in gold.
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October 24, 2017, 04:07:00 AM
 #9389

Given the conditions, I would choose gold over bitcoins because of the fact that gold is there into existence since ever while bitcoins are just new inventions. Also, bitcoin are more fluctuative compared to gold in value.
Sure, Bitcoin is more volatile. But its value also steadily increases at a faster rate than that of Gold does. Furthermore, just because Gold is tangible doesn't mean its more valuable. Ideas are the most worthwhile resource on this planet in this century, which is why companies like Facebook and Google are so widely successful despite not really moving anything physical around.

Yes, bitcoin makes investment sense than gold because you stand to make more profit in a short or long term whereas the rate of increase in gold price is way too low compared to bitcoin so investment-wise i would also pick bitcoin over gold.

Gold price is not really increasing that fast compared to bitcoin. But I think there is a good thing about it because it is way stable that way and that we can be quite certain that as long as we keep it, it will eventually increase its price in the near future. But bitcoin, it is super amazing because in just a short period of time, we can earn a lot by investing to it wisely.
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October 24, 2017, 04:19:30 AM
 #9390

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 prefer bitcoin as an investment. When I invest on bitcoin, it’s value gradually increases, unlike gold. Yes, it’s true golds’s value increases as well. Still, bitcoin’s value is higher.
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October 24, 2017, 04:32:27 AM
 #9391

Both

I would choose both. Bitcoin and gold's value is both increasing. But when it comes to investment, I would prefer bitcoin. Gold's value increases for a long wait while bitcoin strikes high each day. We can predict the value of gold but bitcoin is unpredictable.

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redcrystal
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October 24, 2017, 04:34:10 AM
 #9392

If I could only choose one I'd choose gold. It's a tangible object that I know will still be here in 10 years and still have some value.
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October 24, 2017, 04:39:49 AM
 #9393

gold, because it is very safe.
bitcoin prices are never stable and that is the reason why I choose gold for the next 10 years

btcbrother
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October 24, 2017, 04:49:55 AM
 #9394

gold, because it is very safe.
bitcoin prices are never stable and that is the reason why I choose gold for the next 10 years

No man as time goes on Gold and Bitcoin will both be stable because there will be more money in Bitcoin to keep the price from jumping too fast.

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October 24, 2017, 04:50:38 AM
 #9395

I will convert it to gold if the condition is to turn the entire wealth because gold is reliable and is valued since long. Currently bitcoins is in vogue but we are not sure whether it will exist in future or not.

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October 24, 2017, 10:12:19 PM
 #9396

I will convert it to gold if the condition is to turn the entire wealth because gold is reliable and is valued since long. Currently bitcoins is in vogue but we are not sure whether it will exist in future or not.
Scientific progress could end up making gold cheap to produce though. We just recently found out how all the gold in the universe was created, so it might not be too much longer until gold can be cheaply produced in a lab. This is just pure speculation though, and it might take decades even if true.

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Koro-Sensei
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October 24, 2017, 10:27:52 PM
 #9397

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.
Probably youll get richer but to prove that youll have a longtime holding on that each  ofcourse gold is assured to be high pricing in the 10  years time though we dont know the actual duration of bitcoin and it is not proven yet to exist for another 10 in the future . I guess ill choose gold for now and invest on bitcoin afterwards
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October 24, 2017, 10:55:08 PM
 #9398

I obviously chose bitcoin to be a future investment but sometimes I also choose gold to give to my girlfriend, because my boyfriend does not understand what bitcoin is!

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October 25, 2017, 01:12:12 AM
 #9399

I think bitcoin is reachable to such a success level that now bitcoin is equal to the gold.  As I believe that The value of gold is nothing more than a result of a global consensus - at the moment everyone agrees to consider gold a measure of value, simply because this measure is in some form or another necessary. If we assume a utopian situation, that tomorrow everyone agrees that gold is not such a measure, then it will be good only for the production of quality wires and trinkets.The btc is gaining momentum for exactly the same reason - the global consensus towards the btc is constantly being strengthened. In this case, unlike gold, the cue-ball is not only a measure of value, but also a settlement system, and gold is not a competitor for this parameter.
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October 25, 2017, 02:04:59 AM
 #9400

i think is Gold because it has been in existence for so many years and still is highly valuable,  although bitcoin is also good but no one can predict the future of btc.
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