Bitcoin or gold?

[8Habits]

Still curiosity on precious metal because their cost are quite steady instead of keeping bitcoin. Bitcoin still additional time to really make it much more constant. When more and more people get interest into bitcoin, then bitcoin's price will increase.But for the gold, it will keep raising since they getting uncommon (more difficult to find out )

Yes, I agree that gold price will increase as time goes by the reason is due to the fact that its number is limited (meaning, it has a max cap). Same thing with bitcoin, it has a 21 million cap - this is really a good thing because it is not like fiat paper money where the government can print them as much as they want and it is a bad thing because its value will go down - that is why there is what we called inflation.

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[SuperGiggles]

Some countries are trying a great deal to make it disable it but with this bitcoins only you will see total independence and it will be managed by us and you will see participation of no federal government whatsoever.

[Feuerbach]

I hope that no one will come up with the idea of accumulating funds in one. For storage, numeral 1 is a bad numeral)

[Ailmand]

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.

Since you used 'or', I think the better choice would be gold. A 10 year period would be very uncertain for bitcoin to hold. It may still be there, but the price may not be as high as now. Unlike gold that has become a prime commodity over the last hundreds of years since it has been widely commercialized.

[saschafx]

Go for gold.Bitcoin is not intended as a retailer of prosperity.

[kskaclord]

Gold is a very interesting element out there, but despite it's appeal, it is very hard for me to consider it money.

Its the same as diamonds, emeralds and rubys, all of them are shiny precious assets, but none of them are money, they are just valuable commodities Smiley

Bitcoin is money.

[superjeyy]

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.

Bitcoin. Here is why

Let us go back 110 years to say 1904 and ask the following question: If you had to convert all your wealth to either horseless carriages (otherwise known as automobiles) or horses and keep it there for 10 years, which would you choose? Keep in mind the fact that horseless carriages have only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

By the way humans had been using horses as a primary form of transportation for millennia, yet in a period of 50 years between 1900 and 1950 they virtually vanished form the transportation scene. Will Bitcoin do the same to gold?

This scenario is the perfect example on why you should choose Bitcoin than Gold. Bitcoin is new, progressive, innovative, and will definitely (someday) be the money of the future; because the world has been evolving in the technological department and has this dependency on the internet. However, I think I would have to do both. Gold is timeless and it shares somehow a same scenario with Bitcoin. It is preciously limited to which I think its value would be worth. I get to have a win-win situation as I get to own things that gradually increases in value over time.

[deisik]

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.

Bitcoin. Here is why

Let us go back 110 years to say 1904 and ask the following question: If you had to convert all your wealth to either horseless carriages (otherwise known as automobiles) or horses and keep it there for 10 years, which would you choose? Keep in mind the fact that horseless carriages have only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

By the way humans had been using horses as a primary form of transportation for millennia, yet in a period of 50 years between 1900 and 1950 they virtually vanished form the transportation scene. Will Bitcoin do the same to gold?

This scenario is the perfect example on why you should choose Bitcoin than Gold. Bitcoin is new, progressive, innovative, and will definitely (someday) be the money of the future; because the world has been evolving in the technological department and has this dependency on the internet. However, I think I would have to do both. Gold is timeless and it shares somehow a same scenario with Bitcoin. It is preciously limited to which I think its value would be worth. I get to have a win-win situation as I get to own things that gradually increases in value over time.

This is not a given

Bitcoin (as well as Litecoin, for that matter) has been sticking around for ages (yeah, 9 years is like 9 centuries in today's world) but 1) it still can't solve its scalability issues which basically writes it off as a real-life currency (at least, for the time being), 2) it is still mainly used for speculation purposes, surely not something which genuine money should be used for (at least, for the most part), and 3) even when it gets seemingly used for commerce, it is not a real use since it gets instantly converted to fiat, i.e. it doesn't leak into real economy

[roseybanez]

Go for gold.Bitcoin is not intended as a retailer of prosperity.

Did you know that more retailers are accepting Bitcoin for now ? So it's the same with gold then why not choosing it instead of choosing gold ?

[RajaJudi]

Indeed I will choose bitcoin. You can earn a huge amount and income every year with bitcoin while gold can not give you that. Gold can only protect your property from the inflation and you can never be rich with gold. Bitcoin and the cryptocurrency are the best choices. Choosing the future is always the better option

[arlinxoha]

I will definitely choose Bitcoin. Because Bitcoin is increasing day by day. And I believe it. Although Bitcoin risks much more than gold. Yet, I believe that after 5/10 years, its price will increase. Its popularity will increase.

[reijusama2583]

Well for me it is Gold because the value of gold remains the same even if the internet or technology will lost still it has a value compared to the bitcoin when technology lost and the value of bitcoin will also lost too because it is now useless because technologies has been down and no one now can access on it alike on gold even if many years passes by still it was precious and still become precious till the end of our world.

[cryptojac17]

Gold is a very interesting element out there, but despite it's appeal, it is very hard for me to consider it money.

Its the same as diamonds, emeralds and rubys, all of them are shiny precious assets, but none of them are money, they are just valuable commodities Smiley

Bitcoin is money.

Bitcoin is now comparable because of its price  they only differ in form gold is a precious material while BTC is precious crypto currency, while gold is glittering lustrous metal in which the value is per unit weight many wanted to own because of its beauty and traditional known for precious jewelries and decoration, and BTC is weightless, virtual  currency which value is measured per unit and continue  pounding in Crypto currency market in which the value is sky rocketing and many wanted to hoard for the future. The unique feature of this currency is you carry it every around the globe without weight and no boundaries.

[Alalex]

Bitcoin is now very valuable while bitcoin is a valuable virtual currency, whereas the value per unit is very high in contrast to gold. The price of gold is almost offset the btc price for the future this will be a force for all of us, I chose bitcoin because its value is very extraordinary.

[Naoko]

Gold have history for more long time than Bitcoin and this is a real asset, not virtual and very rare. The value of Gold more stable than Bitcoin and this is the best choice for people who want to save money and don't have any risks about decreasing value.

[Carcass1989]

Gold and only gold.
Bitcoin is young valute. And he not stabile yet. (But his price it's growing up...)
Gold will be golden forever. 😀

[samputin]

I' do both, but take bitcoin over gold simply because I'm a pyschic and I see that in 10 years, Bitcoin would be worth 100million each.

Yeah bitcoin price today was very high but dont you think that due to its volatility you didn't know that after 10 years it is still on the high price.? But in Gold because it has a stable value and by the time pass by it is going to be limited and in that case don't you think that its price is also increase.? Let as say the value of gold today is only 300$ -jus an example- and after 10 years because it is being limited that price would doubled, tripple or 5 times its value today, in stable. While in bitcoin because it is volatile you didn't know and also when the
Hard fork strikes its value is going down again. The only advantage of bitcoin in gold is it's sources.

[cinchin]

Gold have history for more long time than Bitcoin and this is a real asset, not virtual and very rare. The value of Gold more stable than Bitcoin and this is the best choice for people who want to save money and don't have any risks about decreasing value.

- Although the value of gold is more stable than bitcoin and it is a real asset but the profitability of gold can bring is very low, it is no longer a potential place, in short I think investing in gold only helps us to be safe, profit is negligible, gold is only suitable for people who do not want too much risk in investing
- With people who want to have a better life, get richer and accept the risk in investing, Bitcoin will be the right choice and the best for them because profit of bitcoin can bring is huge, bitcoin is only growing, it still has a nice future waiting for it. Between gold and Bitcoin, I will choose Bitcoin, the purpose of investing is to make money, Bitcoin suitable for that purpose than gold, investment that is too safe and stable can not help me become rich

[xbl1008]

For me get silver and gold not gold alone this rise of new technology will drive the use of gadgets and gadget are relying heavy on metals as their parts just look the industry of smartphones have you ever wandered what is the part of iphone to make it so look and function good? well for bitcoin its a smart investment yes but we have been trading gold for a longer much time than bitcoin

[Choii]

Go for gold.Bitcoin is not intended as a retailer of prosperity.

Did you know that more retailers are accepting Bitcoin for now ? So it's the same with gold then why not choosing it instead of choosing gold ?

Yes i agree with that, choosing bitcoin is better rather than gold because the value of gold is stable and very low return that's why better to choose bitcoin. And for the bitcoin is increasing it's value day by day that's the reason why i choose bitcoin as my investment and i think the bitcoin value will continue to increase and reach million in 10 years ( that's my opinion )