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Author Topic: Bitcoin or gold?  (Read 984418 times)
Xenoph0bia
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November 15, 2017, 06:25:01 PM
 #9721

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 think Holding of gold is better than holdings of bitcoin because firstly gold is a precious metal and has a physical entity. Then gold is more popular than bitcoin and because of which has way more users than bitcoin. Then gold is a stable form of currency so it’s value does not fluctuate often whereas bitcoin value fluctuate often. Then gold is regulated by a government making it more stable whereas bitcoin is not regulated by any government making it less stable.
noblesse09
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November 15, 2017, 06:44:51 PM
 #9722

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 think bitcoin.. because bitcoin is the new gold.. the virtual gold. and the alternative coins is the fiat money. Smiley get the idea? hehe
Kamote_1102
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November 15, 2017, 06:45:42 PM
 #9723

I will Choose Bitcoin. If i have 10 bitcoin, that means I can invest it or save it until the value increases. and we can obtain bitcoin in a convenient way and without spending money. you just have to work for it to get it. unlike Gold, you need to have enough money to buy one.or if you want, you can mine it.hahaha. but each of them has its own benefit and advantage. So if I can have both. That'll be good for me

binting
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November 15, 2017, 06:45:59 PM
 #9724

bitcoin or gold ... for me is bitcoin, hence bitcoin is also gold ... rising and dropping the price
for me i chose both..
jmiro1
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November 15, 2017, 07:03:45 PM
 #9725

To be honest I will go for the gold. Here's why I choose gold over bitcoins. Look, we all live in a world where only handful of people knows about bitcoin but I'm sure over 80% people of the whole wide world knows what is gold. Besides, gold was one of the first currency (as far as my knowledge). Still gold has it's appeal. Bitcoin has competitor where gold has too but the difference is, there's a big chance where people will go for a different online money and forget about bitcoin when they find a better online money. But gold still has it's own place and the way I see it, it will remain the same after 10 years or more.
Blitzboy
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November 15, 2017, 10:56:41 PM
 #9726

I definitely choose bitcoin because it is more awesome than gold. We can have more advantages than holding gold because the price of bitcoin always increase, moreover, it is more secure than gold and you can carry a huge amount of bitcoin without any problem. Gold is physical and therefore, you can not easily carry it around and around

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GCP17
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November 15, 2017, 11:04:54 PM
 #9727

XAU 80% BTC 20%
because I'm 80% risk averse / will have bills to pay,  but happy to play 20%
Sacredtoad
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November 15, 2017, 11:17:53 PM
 #9728

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.
I prefer investing in bitcoin also because I know that in bitcoin I can earn more, in case or emergency I can withdraw it anytime I want, gold is good but since it is law regulated that is why its value is not that good, you are also earning but not too high but it is good also if you have investments in gold as you can also en cashed it anytime when needed.
Bitcoin has more liquidity rather than gold because when you are trying to sell gold then you need to find a buyer or sell it for a lower price in order to sold that bitcoin. Bitcoin is better because of the ease to earn money and to get the money from it and it has an advanced technology which is great for the people in our world in the future.
Yeah, we can sell our Bitcoin through online payment easilier than sell Gold through directly.
Although we can buy/sell Gold through digital exchange like Bitcoin, but there are not much people choose this form because most of people want to keep safe their asset.
Unlike Gold, Bitcoin does not have any risk when holding in our wallet unless your PC or hardware wallet have problem  Grin
I agree with you also gold is much easy target for criminals because they cannot take your pc with them and go into your wallet if you have a good wallet like i do then even that would be no problem at all for you.
Whitly
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November 15, 2017, 11:21:57 PM
 #9729

I think t,hat I will choice bitcoin but only time till people have intrest to bitcoin and it have any value. why so ? because I can invest it , I can play on it , I can buy things using bitcoin and many more...
PranDoW
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November 15, 2017, 11:33:02 PM
 #9730

Price of gold is pretty stable so it can`t be an investment. I would choose bitcoin with this you can feel investment and make real profit
Getcoinsite
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November 15, 2017, 11:55:10 PM
 #9731

Both.i prefer bitcoin for fast and bigger income while gold is for secure investment.we dont know what will be the cryptos future although it gives us earning now but still it was virtual.but gold stands for a very long years.since the ancient years it was here.so assurance is what we can got..
Butchick
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November 16, 2017, 06:39:40 AM
 #9732

I'll go for bitcoin because by then, bitcoin value would probably be time 10 or even more. I have high hopes
For bitcoin  although this would be a risk but i know its worth it. Gold, on the other hand, is not a bad investment but its value rarely goes up and if it does, it's minute. So if i will invest all my wealth, i'll go for bitcoin. 

Wong Gendheng
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November 16, 2017, 06:43:30 AM
 #9733

Bitcoin is a very promising investment, the price increase can reach more than 10% per day, this makes a lot of people choose bitcoin as the main investment, they are willing to sell anything for bitcoin, but we must be realistic that dividing into some type of investment is wiser , gold is a very good traditional investment.
barefield22
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November 16, 2017, 07:01:59 AM
 #9734

Another key advantage bitcoin has over gold is that its supply level is fixed and transparent – eliminating fears of the typical inflationary pressures associated with overproduction that could diminish the value of the asset.
xYakult
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November 16, 2017, 07:11:45 AM
 #9735

I go for both. Gold is timeless. But it is not a volatile investment and it is mostly used for showing it off to others and for bragging rights. Bitcoin however is an intangible item and a very volatile investment. It varies from time to time and has a great potential to grow even further as time passes by.
HiringYou
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November 16, 2017, 10:19:40 AM
 #9736

It is just a matter of choice .Both Bitcoin and gold have their own special features.Bitcoin investments are more profitable than gold investments because it's price is growing at a very fast rate but a risk factor is involved in it. On the other hand gold is a traditional investment asset which is being used by people since years.It is a trusted by people and no risk factor is involved in it .So preference is given according to the situation.
soilwork79
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November 16, 2017, 10:36:34 AM
 #9737

I would prefer gold because it is traditional investment. if you are looking for safe and long term investment then i think gold is the better option as compared to bitcoin. On the other hand i have both.
Leonardis
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November 16, 2017, 10:38:51 AM
 #9738

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.
I prefer investing in bitcoin also because I know that in bitcoin I can earn more, in case or emergency I can withdraw it anytime I want, gold is good but since it is law regulated that is why its value is not that good, you are also earning but not too high but it is good also if you have investments in gold as you can also en cashed it anytime when needed.
Bitcoin has more liquidity rather than gold because when you are trying to sell gold then you need to find a buyer or sell it for a lower price in order to sold that bitcoin. Bitcoin is better because of the ease to earn money and to get the money from it and it has an advanced technology which is great for the people in our world in the future.
Yeah, we can sell our Bitcoin through online payment easilier than sell Gold through directly.
Although we can buy/sell Gold through digital exchange like Bitcoin, but there are not much people choose this form because most of people want to keep safe their asset.
Unlike Gold, Bitcoin does not have any risk when holding in our wallet unless your PC or hardware wallet have problem  Grin
I agree with you also gold is much easy target for criminals because they cannot take your pc with them and go into your wallet if you have a good wallet like i do then even that would be no problem at all for you.

Actually they can today there are even password breakers so they can easily go in to your pc and they can see everything what you have in your computer. Thats why I have set up a passoword for my boot.

This will disable thieves to go in to my computer you msut do that also if you don't want that to happen.
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November 16, 2017, 11:04:28 AM
 #9739

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 choose both, invest in bitcoin and gold, both are a pretty good investment, gold has become one of the best investments and for now bitcoin is growing rapidly with significant progress.

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November 16, 2017, 01:10:43 PM
 #9740

Do they have any intrinsic rates of return ?
Yes you’re totally right. In fact gold is legal and is widely accepted in the world. You can hold it anywhere without the government disturbing you. But for Bitcoin, there are countries that forbids you to make use of it in their country. Gold is reliable, you can bury it and leave for decades and it will still be as it is…but for Bitcoin, it can get lost anytime if you’re not careful.
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