Bitcoin or gold?

[janamana]

I'll bet for Gold as it is natural and everything else is HUMAN MADE!!

Gold has proven time to time over thousands of years and any attempt by Humans to over take Nature has failed out right for greed and fear again and again!! Bitcoin is one among followed by Sterling Pound, US Dollar and Euro to some extant. History is the proof!! it's the time which witness (not SegWit )  Boom and Bust.

The very most factor for every failure in past and in future as well is "Greed and Fear", Greed will bloom in search of growth leads to Boom at the cost of Blood, Sweat and Time of Wide Users in the name of inflation caused by Greedy Issuer and Fear will bust in search of value to maintain purchasing power at the cost of Blood, Sweat and Time of Wide Users. in both the Wide Users are Victims to the Issuer as Money and Governance Power will suppress Wide Users.

These is the Economics of World in simple terms!!

Only fact to be admire in this process is "Innovations" happening at every stage in every aspect of life. After all its part above eco-system of Survival for labour to most, Intellectual with Passion to Few and handful chosen investors is the recipe of Innovation.


Why Bitcoin (or any of it's fork) will fail quickly in my opinion.

- It is not decentralized as it claims -- Everything is in the hands of Miners and Dev Community, even if new fork claims (Bitcoin Gold) to be decentralized 80% is pre-mine inheritance from Bitcoin and remaining 20%, it's witness to "The Pareto principle" of 80/20 Rule, where 80% of creation is held by 20% of people mined cheap with less difficulty and remaining 20% is what 80% of people has to fight for high cost of mining and difficulty in Block chain.

- Cost of Capital is huge -- Even when there is no ecosystem developed or evolved for using as medium of transactions for Goods and Services in Common places of Lively hood. The Cost of Capital which Bitcoin lenders seek in this forum to establish business is out of question. (proof: negative rating for my account).

- Cost Transaction and Time Taken for Transaction --  most important thing for Wide Users, may not be for handful people and institutions looking for alternative to USD for moving funds for there greedy cross border businesses every day in Trillions (1,000,000,000,000) so many zeros for just 1 trillion. Current USD based transaction system has limitations in future, that could be reason for creating Satoshi Nakamoto in disguise in order to innovate, develop and evolve system for those handful people and institutions.

I'll stop here as most of the economic noble's will understand my thought process and seeds in there thinking capacity in order to perform there "Karma's".

[jassanpary]

I prefer both, but i mostly pick gold over bitcoin, we cant be sure how long would bitcoin last, gold has value anytime anywhere, bitcoin is easier to earn but we cant be sure

Certainly yes, because gold is almost it has become part of life, you can buy gold using bitcoin. So it's difficult to replace gold.

[taiwww]

 Bitcoin or gold ? I will choose both.
Both are volatile in nature bitcoin is more gold is less.
Return on investment is far more in bitcoins.
Transaction charges and time both are less.
Comes in digital format & secured by blockchain. 
Return on investments are less but security is there.
Gold comes in tangible formats, cash convertibility is quiet easy with world wide acceptance.
Can get loan against gold if needed.
Both have risk of getting stolen or lost.
I will invest 60% in bitcoin & 40% in gold.

[Chienna]

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.

In my own opinion I will choose both, because it is better to be safe than taking all the risk that tou need to face. I better convert tha hal in bitcoin and the half gold so there's a hindrances that it nake me succeed.

[jaaeeeyyyy]

As of now , i prefer to keep bitcoin for over 10 years than a gold. WHY, it is simply because bitcoin is the future of money and currency, i see the potential of bitcoin by it's quantity movement and datas. Also bitcoin will enables us to trade uniquely. Regards with security , well bitcoin is more secured than tangible vaults and locks, its security mechanism is a combination of numbers and alphabet characters that is so hard to guess or hack.

[imsotiredofmoviereboots]

Gold are still going to be valuable no matter what happens so I will still get more gold than bitcoin. I like bitcoin but only because this is his time or this is his era and it fits to our advanced digital age.

[BlueStackz]

for me gold becauce gold is quite stable rather than bitcoin. bitcoin need more time to steady. gold is more valuable in the market.

Everyone has his own point of view but I think of bitcoin as more appropriate choice than that of gold is also a very good way of investing money but investing in gold will not help in making any fruitful amount of profit. If you really want to make money then you have to invest in bitcoin. But prior to investing in bitcoin, you have to learn the things well. Only then you can earn something good.

[MiF]

for me gold becauce gold is quite stable rather than bitcoin. bitcoin need more time to steady. gold is more valuable in the market.

Everyone has his own point of view but I think of bitcoin as more appropriate choice than that of gold is also a very good way of investing money but investing in gold will not help in making any fruitful amount of profit. If you really want to make money then you have to invest in bitcoin. But prior to investing in bitcoin, you have to learn the things well. Only then you can earn something good.

well i agree on that everyone had its own way of handling decision to gain but in my part i believe that bitcoin is  really more profitable than gold in terms of investment.because if we buy btc we can buy it in a low price while in gold we  cant buy it low because its price is always high.and its price will not goin to change in a short period of time while  btc price is unstable and we can learn through buying and selling it.

[Sm0thersTheW0rld]

I would have to say bitcoin all the way... There is a lot more risk included, but the potential return is huge. and because Bitcoin is innovative technologies

[Xenoph0bia]

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.

Well I think gold is better than bitcoin any day any time even though bitcoin has beaten gold in terms of prices. This is because firstly, gold is more popular than bitcoin because of which it has way more users than bitcoin. Then gold has a physical entity whereas bitcoin is just a digital form of currency. Then gold is more stable than bitcoin and gold is regulated by government whereas bitcoin is not regulated by any government.

[gandame]

for me gold becauce gold is quite stable rather than bitcoin. bitcoin need more time to steady. gold is more valuable in the market.

Everyone has his own point of view but I think of bitcoin as more appropriate choice than that of gold is also a very good way of investing money but investing in gold will not help in making any fruitful amount of profit. If you really want to make money then you have to invest in bitcoin. But prior to investing in bitcoin, you have to learn the things well. Only then you can earn something good.

Agree to that because bitcoin bitcoin can give us good income once i have money i will invest it on bitcoin for me to get good profit. Gold is good but not more get profit in to it because it takes more months or years before your money grow in gold.

[Mascrypto]

Gold no. In my opinion, gold does not have a good future. If someone wants to mining it will choose alt's.

[winterland]

they both are good source of investment but if we see for the long term perspective gold is less risky because it can be seen in early years that price of gold rises in 10 years very strangely. but if we see bitcoin as long term investment yes its risky but bit coin would go much high according to me but you have to invest in 5 years of interval.

Yes both can be consider as good but i think that if we want to make a quick profit then we must choose bitcoin, because bitcoin is in fact the best option to make more and quick income. While gold is better to saving where one can keep safe their money for a long long time.

At the end it depends on what you are looking, for those that very comfortable with their level of wealth then the only thing they need to do is to buy some gold and they are set but for us that are looking to make more money then the right thing to do is to invest almost everything in bitcoin.

[BCEmporium]

I'll bet for Gold as it is natural and everything else is HUMAN MADE!!

Gold has proven time to time over thousands of years and any attempt by Humans to over take Nature has failed out right for greed and fear again and again!! Bitcoin is one among followed by Sterling Pound, US Dollar and Euro to some extant. History is the proof!! it's the time which witness (not SegWit )  Boom and Bust.

The very most factor for every failure in past and in future as well is "Greed and Fear", Greed will bloom in search of growth leads to Boom at the cost of Blood, Sweat and Time of Wide Users in the name of inflation caused by Greedy Issuer and Fear will bust in search of value to maintain purchasing power at the cost of Blood, Sweat and Time of Wide Users. in both the Wide Users are Victims to the Issuer as Money and Governance Power will suppress Wide Users.

These is the Economics of World in simple terms!!

Only fact to be admire in this process is "Innovations" happening at every stage in every aspect of life. After all its part above eco-system of Survival for labour to most, Intellectual with Passion to Few and handful chosen investors is the recipe of Innovation.


Why Bitcoin (or any of it's fork) will fail quickly in my opinion.

- It is not decentralized as it claims -- Everything is in the hands of Miners and Dev Community, even if new fork claims (Bitcoin Gold) to be decentralized 80% is pre-mine inheritance from Bitcoin and remaining 20%, it's witness to "The Pareto principle" of 80/20 Rule, where 80% of creation is held by 20% of people mined cheap with less difficulty and remaining 20% is what 80% of people has to fight for high cost of mining and difficulty in Block chain.

- Cost of Capital is huge -- Even when there is no ecosystem developed or evolved for using as medium of transactions for Goods and Services in Common places of Lively hood. The Cost of Capital which Bitcoin lenders seek in this forum to establish business is out of question. (proof: negative rating for my account).

- Cost Transaction and Time Taken for Transaction --  most important thing for Wide Users, may not be for handful people and institutions looking for alternative to USD for moving funds for there greedy cross border businesses every day in Trillions (1,000,000,000,000) so many zeros for just 1 trillion. Current USD based transaction system has limitations in future, that could be reason for creating Satoshi Nakamoto in disguise in order to innovate, develop and evolve system for those handful people and institutions.

I'll stop here as most of the economic noble's will understand my thought process and seeds in there thinking capacity in order to perform there "Karma's".

Why does it matter if it's "natural" or not?

Humans were naturally created by the environment. So everything that humans create is natural as well as a direct consequence. Humans aren't some special external force that is somehow independent of the rest of the universe. We're just another part of it. Man-made vs non-man-made is a completely arbitrary and pointless distinction to make.

[ivanst776]

I chose bitcoin, because now bitcoin almost beat gold in all aspects, and bitcoin also gives a lot of advantages for many people, bitcoin is also a safe asset, so I choose bitcoin.

Exactly! If we make a comparison in between gold and bitcoin, then we’ll get to know this thing that it is bitcoin which is far ahead than that of gold.

In fact, there are number of people who are now taking out money from their investment in gold and are now investing in bitcoin. Gold is very much stable in nature and you cannot earn any significant amount of profit by investing in gold.

[popoypalaboy03]

The price of gold and Bitcoin are showing solid gains and this is nothing more than a risk off trade. The question is, which one is more reliable? Of course, gold has a massive history to back this thesis because Bitcoin is relatively new. However, this is not to say that Bitcoin cannot be considered as a safe haven trade.

[peynman]

Gold is a tough competitor, but I will choose bitcoin because where in the world can I find gold? it's really hard to find so I will choose bitcoin. By just being in this community, doing different tasks using gadgets and internet I can earn some bitcoin. As much easy than finding gold.  

[deisik]

Why does it matter if it's "natural" or not?

Humans were naturally created by the environment. So everything that humans create is natural as well as a direct consequence. Humans aren't some special external force that is somehow independent of the rest of the universe. We're just another part of it. Man-made vs non-man-made is a completely arbitrary and pointless distinction to make.

I don't think that this distinction doesn't make sense

That all depends on the specific goals you pursue in your reasoning. As I got it, the point made can summarized as follows, i.e. what is done by one human can be undone by another human. This is certainly not the case with "natural things". For example, you can in fact destroy a chunk of gold either chemically by dissolving it in acids or physically via nuclear reactions by turning it into, say, lead. But you can't change the laws of nature so that all gold would get destroyed in an instant. This is not the case with Bitcoin, which can be completely destroyed in this manner

[Zongxian]

I would choose bitcoin because you can make more profit with bitcoins than gold. Gold will be gold and bitcoin can even become bigger then it already is and it is still becoming bigger also the price of gold can become stable and the price of bitcoin cannot.

[conected]

for me gold becauce gold is quite stable rather than bitcoin. bitcoin need more time to steady. gold is more valuable in the market.

Everyone has his own point of view but I think of bitcoin as more appropriate choice than that of gold is also a very good way of investing money but investing in gold will not help in making any fruitful amount of profit. If you really want to make money then you have to invest in bitcoin. But prior to investing in bitcoin, you have to learn the things well. Only then you can earn something good.

well i agree on that everyone had its own way of handling decision to gain but in my part i believe that bitcoin is  really more profitable than gold in terms of investment.because if we buy btc we can buy it in a low price while in gold we  cant buy it low because its price is always high.and its price will not goin to change in a short period of time while  btc price is unstable and we can learn through buying and selling it.

- Yeah, we need to define one thing clearly that we invest because of profit, gold can be said to be a safe and stable investment but profit is too low, not too many people become rich when investing in gold, however, many people are becoming rich and becoming new millionaires with bitcoin. That proves that the profit of bitcoin is much better than gold, we only need to compare the price of gold and bitcoin in the past and present, we will see the difference too obvious, bitcoin grows every hour, every day, and increases over time very quickly, while gold does not have too much development. So, in the present moment, we should choose bitcoin, a trend and an ideal investment for the future, gold is just the past, we should ignore it