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Author Topic: Bitcoin or gold?  (Read 984412 times)
slate_main
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November 01, 2017, 10:20:56 PM
 #9541

BTC of course, but has some 'real' gold as a back up, but with the ever increasing rise in Bitcoin, you'd be silly not to HODL.
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November 02, 2017, 07:57:16 AM
 #9542

I think gold is a safe option. Although bitcoin is a risky option, it will make you rich in future.
Everyone has his own way of looking up at the things but the thing is it is bitcoin which is the choice of almost all of us who actually know about bitcoin. Gold is also a good way of investing your money but it will not help you in making any kind of profit as it is having a stable price. It is bitcoin who can help you in making your dreams come true. You have to invest in bitcoin for having something better.

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November 02, 2017, 08:00:01 AM
 #9543

I think this is not even a question, because bitcoin will increase way too more than gold for sure.

But is considered as one of the best investment options by everyone so I think we should invest in both of these products.
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November 02, 2017, 08:28:23 AM
Last edit: November 02, 2017, 10:35:32 AM by deisik
 #9544

I think gold is a safe option. Although bitcoin is a risky option, it will make you rich in future.

There is no guarantee about Bitcoin. Either it can make you filthy rich, or it can eat away your investment. Are you ready to make an investment in Bitcoin at the current prices ($6,600 per coin)? The psychological barrier is always there. When I entered the Bitcoin scene, the exchange rates were going at around $1,000 per coin. Now it has increased by more than 6 times.

I tend to disagree

And I have explained that just a few posts ago here. I don't mind you becoming filthy rich with Bitcoin or losing all and then going to live under the bridge (or both of these in any order). But with gold, it is unlikely that it will make you filthy rich since you already have to be that rich to buy it so that your purchase would make any sense. And you buy gold specifically to remain filthy rich in the future and not to end up under the bridge when Bitcoin or fiat money gets eaten away by an economic meltdown or some disaster like a war

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November 02, 2017, 10:20:27 AM
 #9545

I think gold is a safe option. Although bitcoin is a risky option, it will make you rich in future.

There is no guarantee about Bitcoin. Either it can make you filthy rich, or it can eat away your investment. Are you ready to make an investment in Bitcoin at the current prices ($6,600 per coin)? The psychological barrier is always there. When I entered the Bitcoin scene, the exchange rates were going at around $1,000 per coin. Now it has increased by more than 6 times.

I tend to disagree

And I have explained that just a few posts ago here. I don't mind you becoming filthy rich with Bitcoin or losing all and then going to live under the bridge (or both of these in any order). But with gold, you already have to be filthy rich to buy it so that your purchase would make any sense. And you buy gold specifically to remain filthy rich in the future and not to end up under the bridge when Bitcoin or fiat money gets eaten away by an economic meltdown
world are developing very quickly and with time trading are also become so fast. In past time people will used gold for trading because the rate of gold was so high as compare to other goods at that time but now when bitcoin came to the world then it beat the rate of gold and now the rate of bitcoin is so high then gold and bitcoin is now the best place for trading.
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November 02, 2017, 10:37:11 AM
 #9546

I think bitcoin is better than gold, this is because bitcoin profit rate is the best than gold. If we invest gold then it takes more than 10 years to get profit more than 100%, but with bitcoin can profit in just 6 months.
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November 02, 2017, 11:24:20 AM
 #9547

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.
To be honest, Bitcoin is really amazing right now, the price keeps rising, and the rise is unexpected,
but I prefer gold, no one can be sure when the Bitcoin price will be stabilized,.

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November 02, 2017, 11:46:31 AM
 #9548

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 will choose bitcoin because bitcoin keeps increasing each of these days.Also, bitcoin is the coin you will earn daily bonus. Nowadays there is a lot  of store accepting bitcoin and less hassle for us to buy online and no to go anywhere.
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November 02, 2017, 12:30:57 PM
 #9549

Still sticking to choose bitcoin, if for me hold for next few years. Because bitcoin growth higher than gold. So, I am less interested in holding gold since bitcoin exist.

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November 02, 2017, 01:58:46 PM
 #9550

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.
To be honest, Bitcoin is really amazing right now, the price keeps rising, and the rise is unexpected,
but I prefer gold, no one can be sure when the Bitcoin price will be stabilized,.
i think this is an opportunity for you to get instant profit with little risk mate, you know that bitcoin price keeps rising and you let that chance gone lol, i think you will regret as the price will keep climbing up and give big profit to many people, whereas you rely solely on gold investments that only provide small profits in the long run?
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November 02, 2017, 02:14:43 PM
 #9551

I think bitcoin is more valuable. IMO
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November 02, 2017, 03:29:46 PM
 #9552

Everyone would want a profitable .. If indeed the price of stable bitcoin even increased, it can be sure gold will plummet. But everyone has a choice of each.
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November 02, 2017, 06:04:10 PM
 #9553

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.
my opinion . I will decide to hold both. Half of the holdings gold and the other half hold the bitcoin
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November 02, 2017, 09:41:38 PM
 #9554

I think gold is a safe option. Although bitcoin is a risky option, it will make you rich in future.

There is no guarantee about Bitcoin. Either it can make you filthy rich, or it can eat away your investment. Are you ready to make an investment in Bitcoin at the current prices ($6,600 per coin)? The psychological barrier is always there. When I entered the Bitcoin scene, the exchange rates were going at around $1,000 per coin. Now it has increased by more than 6 times.

I tend to disagree

And I have explained that just a few posts ago here. I don't mind you becoming filthy rich with Bitcoin or losing all and then going to live under the bridge (or both of these in any order). But with gold, it is unlikely that it will make you filthy rich since you already have to be that rich to buy it so that your purchase would make any sense. And you buy gold specifically to remain filthy rich in the future and not to end up under the bridge when Bitcoin or fiat money gets eaten away by an economic meltdown or some disaster like a war
This is exactly what gold is bought for other than jewelery. And unless you're flipping jewelery or ripping of gold miners from some third world country, you're not even going to get "mildly" wealthy through gold. It's a preservation of capital or a status symbol (ironically even for people with no money) and nothing else. Perhaps some additional fringe applications in tech, medicine or science. But definitely not an investment aimed at any growth.

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November 02, 2017, 10:37:50 PM
 #9555

Both of them, dude
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November 02, 2017, 11:18:17 PM
 #9556

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.
Ill choose bitcoin even if it is too risky, i beleive in the future that the value of bitcoin will become high. Other will choose gold rather than bitcoin because they are afraid to lose when bitcoin crashed its value.

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November 03, 2017, 04:22:20 AM
 #9557

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.
Ill choose bitcoin even if it is too risky, i beleive in the future that the value of bitcoin will become high. Other will choose gold rather than bitcoin because they are afraid to lose when bitcoin crashed its value.
Majority who know about gold and bitcoin will choose bitcoin over gold because they want to be realistic and invest on what they can afford to.
Gold is a good investment but the amount you need to invest is big enough, but if you are willing to take bigger risk you can grow your money investing
with bitcoin even if you are just holding it for the future.

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November 03, 2017, 04:32:06 PM
 #9558

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.
Ill choose bitcoin even if it is too risky, i beleive in the future that the value of bitcoin will become high. Other will choose gold rather than bitcoin because they are afraid to lose when bitcoin crashed its value.
Majority who know about gold and bitcoin will choose bitcoin over gold because they want to be realistic and invest on what they can afford to.
Gold is a good investment but the amount you need to invest is big enough, but if you are willing to take bigger risk you can grow your money investing
with bitcoin even if you are just holding it for the future.
The current price of Bitcoin is higher than Gold, it is not as cheap as earlier this year when its price was around $1,000 - $2,000. You need to know you can use 1 BTC to buy nearly 5 once Gold, what do you think about this rate? In my opinion, Bitcoin volatility is just the reason made you and a lot of traders want to invest in Bitcoin instead of Gold.

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etherflyerofficial
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November 03, 2017, 04:42:48 PM
 #9559

Honestly, i will convert my wealth to both BitCoin and ETH! The cryptocurrency will be the main trading currency in the future, but not the Gold!
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November 03, 2017, 07:48:54 PM
 #9560

The cryptocurrency gives a shinier perspective in the close future then gold so i go on bitcoin. Better, smarter and with a bigger value.
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