Bitcoin or gold?

[akablackhat]

 Gold price to historic highs between 2011 and 2013, exceeding $1,900 an ounce in September 2011. Prices remained above $1,000 an ounce into 2016. While Gold prices have responded to supply and demand, fluctuations are less extreme than many other investment commodities, including bitcoin.
Between 2009 and the majority of 2017, the bitcoin price rose gradually from zero to near $6000
As more users chose to invest in bitcoin, miners worked to increase the worldwide supply and developers imposed higher transaction fees.

As with any commodity, including Gold, bitcoin is subject to drastic price fluctuations.

[Rudy_Third27]

I prefer bitcoin why? because bitcoin can be in the tube while gold, gold can also be in the tube but not as easy as bitcoin that's why I prefer bitcoin than gold.
bitcoin we can invest and much more use of this bitcoin so I really like the bitcoin.

[Adioliver]

Both for definite, the thing is, both have their plus and minus points, in this day and age Bitcoin and cryptocurrencies are far more practical but if the world does end you'll still want to have gold and silver on hand just in case, it's also a lot easier to store crypto's for the long run.

Yes exactly as of now gold is still preferred over bitcoins because it can be traded for cash anytime and anywhere unlike bitcoins.
But one can't predict future,who knows bitcoin may rule over all other currencies in the near future so we should consider about investing in bitcoins too.

[TigerWoodRT]

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.

Of course I would choose gold,  Today bitcoin is, and tomorrow it may not be)) Especially bitcoin is more excitement for people) and all))

[BCEmporium]

Both for definite, the thing is, both have their plus and minus points, in this day and age Bitcoin and cryptocurrencies are far more practical but if the world does end you'll still want to have gold and silver on hand just in case, it's also a lot easier to store crypto's for the long run.

Yes exactly as of now gold is still preferred over bitcoins because it can be traded for cash anytime and anywhere unlike bitcoins.
But one can't predict future,who knows bitcoin may rule over all other currencies in the near future so we should consider about investing in bitcoins too.

This is only partially true. You can't trade Gold anywhere and anytime and depending on your specific circumstances it might even be easier to swap Bitcoins into cash than Gold.

[RamBahadur.Gurung]

Bitcoin and gold is a good investment but I prefer having bitcoin as of the moment because the price growth is faster that gold, I am planning to buy gold though if I will gain profit from my bitcoin.

The market cap of gold is almost 100 times of that of Bitcoin. That means that it is much more difficult to manipulate the gold prices, when compared to the BTC exchange rates. Another factor is the number of users. Gold is being used by more than 1 billion people around the world, while the number of BTC users stand at around 10 million.

[hacker1001101001]

This is the most trending topic on the forum I think "is bitcoin better than gold". But always I will tell that bitcoin is better as it has more opportunity to earn and also has high returns aa gold does not give chances to increase just the value increases but bitcoin is like a bussiness we can earn more if we work more.

[winterland]

for now it is both, but don't forget that somwere in space exist planets full of diamonds) or even comets whith this gold can easily fly near to us

Gold may be rare on earth but the universe is so big that there is enough gold, silver and diamonds, so at some point we are going to need something like bitcoin in order to perform our transactions and to act as a store of value but the day we can get access to that much gold is still very far away.

[ausbit]

I'll pick gold. I like both of them but if we are talking about centuries of keeping, gold will last. Bitcoin can be replaced by another altcoin while gold will still be gold even if I buried it deep down for a millenium.

With a mindset on making money as of now, I will be going for Bitcoin, because I have no interest for a long term stuff or whatever, like storing for centuries. Like seriously, why would I store for centuries, am I doing it for my 5th generation? Lol… I just wanna make money as quick as possible, from any legit good means, not in a bad way. Gold is good in terms of durability, Bitcoin can be destroyed at anytime.

[Sir Cross]

I'll pick gold. I like both of them but if we are talking about centuries of keeping, gold will last. Bitcoin can be replaced by another altcoin while gold will still be gold even if I buried it deep down for a millenium.

With a mindset on making money as of now, I will be going for Bitcoin, because I have no interest for a long term stuff or whatever, like storing for centuries. Like seriously, why would I store for centuries, am I doing it for my 5th generation? Lol… I just wanna make money as quick as possible, from any legit good means, not in a bad way. Gold is good in terms of durability, Bitcoin can be destroyed at anytime.

Since I have a similar mindset as of now, I would also choose bitcoin. It has more potential to grow as compared to gold and I intend to invest in bitcoin for long term. Gold is better for security and most people would prefer it in terms of security and safety because many have relied on it for years already and for a long time. It has less risk and they believe that gold would not devalue so quickly or after several years. Perhaps choosing your type of investment would depend on your interest and needs.

[4p0l4k4y]

I will split my wealth into 2. 1 part is for bitcoin and the other part is gold. In that way you are sure that if ever bitcoin depreciates or the other way around at least you got a backup.

[websoftwareengineer]

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.

The best thing to compare is, What has the greater value, Obviously gold has the higher value but in terms of earning bitcoins is a lot more easier to gain and there are a lot of opportunities to every people who wants to join the bitcoin community so in my opinion, I think that bitcoin will dominate the market more than gold because its easier to earn by everyone more than earning gold.

[BCEmporium]

I'll pick gold. I like both of them but if we are talking about centuries of keeping, gold will last. Bitcoin can be replaced by another altcoin while gold will still be gold even if I buried it deep down for a millenium.

With a mindset on making money as of now, I will be going for Bitcoin, because I have no interest for a long term stuff or whatever, like storing for centuries. Like seriously, why would I store for centuries, am I doing it for my 5th generation? Lol… I just wanna make money as quick as possible, from any legit good means, not in a bad way. Gold is good in terms of durability, Bitcoin can be destroyed at anytime.

This makes sense if you don't have a lot of money. If you end up with millions it's best to put some money into safer options, just to make sure that you won't find yourself with a house and lifestyle that you can't afford some day.

[tumokatok]

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.

It's true that the gold is slow but if for the long term good, because the price tends to be stable. Unlike bitcoins whose prices can go crazy all the time. But all investments in my opinion have a risk of being alone, only we should be smart to minimize the risks

[Mr.Dick]

in my opionion the oroigin system shoud be better, so btc
but if btc is stabil gold might be too

[cluit]

Gold as investment had its days of sucess already, it had jumped a lot due to countries start to use is a store of value, bitcoin had already cleaned any possible competition, this year bitcoin had made already 4-5x its value, and as i know there isnt any other investment offering such potencial return into such short period, even market of gold being bigger then the bitcoin, there is a lot space to grow over time.

With the advancement in technology, things are changing quite rapidly. Gold was no doubt considered as the best way of investing money in the past but now it is only bitcoin which is grabbing the attention of all those sitting in the market. The way bitcoin is making its name is a proof of this things that bitcoin holds a very bright future. So you need to think well for having better tomorrow.

[Emitdama]

Bitcoin got much higher protential long term than gold. It's like do you want to invest in apple, microsoft, google, and amazon stocks back then or you want to invest in gold back then.

Actually gold have much stable rates than bitcoin. Bitcoin market is totally fluctuating every time. But this goes in advantage to bitcoin. The prices are totally getting higherevery other day for bitcoin, whereas gold is still in that range of prices from last decade. So, it is better to get yourself indulged in bitcoin as it will be of morepotential than gold in terms of profits for you.

[zhopas]

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 I would choose both. I this world we need to be safe so we need to have an option for us to live in safety life.

[Flame-]

Gold is better as a long term investment with very low profit probability and mainly as a form of saving money, Bitcoin is a very high risk investment and probability of making profit is high but probability of losing the invested money is high as well.

[Zoel]

Gold is better as a long term investment with very low profit probability and mainly as a form of saving money, Bitcoin is a very high risk investment and probability of making profit is high but probability of losing the invested money is high as well.

Gold just make your money increase on ($) but, actually you're auto-lost. I'm mean, if you thing do a save money (gold) will be increase based interest of gold? No, you should be remember and consider about inflations of money. That's make your money be nothing.