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Author Topic: Bitcoin or Gold? What would you pick?  (Read 298881 times)
Yakamoto
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April 10, 2016, 11:05:49 PM
 #2041

For now, I choose gold. Gold is known by many people and we all know it's worth.
In time bitcoin will get the same reputation, but these days I chose for gold.
something that is well known can not necessarily make you a huge advantage. bitcoin already clearly give a great advantage if you want to be patient.
of course I would choose bitcoin than gold
It all depends on what your investment goals. If you're looking for a larger return on investment, then Bitcoin is probably the investment for you. If you're looking to store your wealth with little chance of a loss in any way, then gold is the thing for you.
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April 14, 2016, 06:37:59 PM
 #2042

Isn't bitcoin the better long term investment?
I mean, from my point of view, especially because bitcoin is so young is has massive potential to grow in the long term. Gold is a relatively mature market, so you probably won't be seeing the same kind of growth potential there.

Unless you are concerned with safety issues because admittedly bitcoin is a much riskier investment than gold.
Risk of investing in Bitcoin is more than risk of investing in some long-term projects such as land, however the advantage is that we can sell it with possible benefits in many times.

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April 14, 2016, 11:20:18 PM
 #2043

I still pick bitcoin. I mean, buy and hold for the next 5 to 10 years. Could also buy an ounce of gold while I'm at it.

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April 14, 2016, 11:32:20 PM
 #2044

I really belive in gold but i will choose bitcoin just cause it can make my plan of getting rich possible faster. Also bitcoin is smth new for most of people .

Bitcoin is not a get rich quick tool anymore. If you want to make serious profits in a very short time, you need to have a high amount of coins and high trading skills. Or you must have a lot coins and hold them for a very long time.

I mean, if you have a similar setup partnership like in china I dont see why not.

Of course, that means youre paying for broken or need to fix asic miners to ship over to see any form of profit. Then consider the longer haul like bitmain but on a smaller scale?

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April 15, 2016, 12:06:14 AM
 #2045

I still pick bitcoin. I mean, buy and hold for the next 5 to 10 years. Could also buy an ounce of gold while I'm at it.

You are right and I would do the same but in fact, I really doubt if that is a good idea because of some reasons.
The bitcoin is not stable right now and its future is not sure also so that is why I doubt.
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April 15, 2016, 12:12:43 AM
 #2046

I still pick bitcoin. I mean, buy and hold for the next 5 to 10 years. Could also buy an ounce of gold while I'm at it.

You are right and I would do the same but in fact, I really doubt if that is a good idea because of some reasons.
The bitcoin is not stable right now and its future is not sure also so that is why I doubt.
many people who doubt the future of bitcoin many people use only for the short term?
however if they are used for the short term. over time will definitely be a few years its long term right ?
5 years the price will be higher


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April 15, 2016, 03:22:07 AM
 #2047

I still pick bitcoin. I mean, buy and hold for the next 5 to 10 years. Could also buy an ounce of gold while I'm at it.

You are right and I would do the same but in fact, I really doubt if that is a good idea because of some reasons.
The bitcoin is not stable right now and its future is not sure also so that is why I doubt.
many people who doubt the future of bitcoin many people use only for the short term?
however if they are used for the short term. over time will definitely be a few years its long term right ?
5 years the price will be higher
if they are unsure with bitcoin, they will not trade bitcoin on the market, short term or the long term it's not a problem because that is the choice of each trader.

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April 15, 2016, 03:29:57 AM
 #2048

I will choose one of them which have more value for this time. And then i will sell them and change it to my fiat. Maybe bitcoin have this point . Wink

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April 15, 2016, 07:58:27 AM
 #2049

If you want best of gold and crypto, then take a close look at Xaurum (XAU).
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April 15, 2016, 06:36:43 PM
 #2050

You're taking a lot more counter-party risk if you buy Xaurum as opposed to buying or holding pure physical gold though.
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April 15, 2016, 07:03:11 PM
 #2051

I will choose one of them which have more value for this time. And then i will sell them and change it to my fiat. Maybe bitcoin have this point . Wink

Yes bitcoin is to convert it to fiat as it takes few minutes to get credited to your bank account and the best thing is bitcoin transactions goes paperless.
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April 15, 2016, 07:52:25 PM
 #2052

I will choose one of them which have more value for this time. And then i will sell them and change it to my fiat. Maybe bitcoin have this point . Wink

Yes bitcoin is to convert it to fiat as it takes few minutes to get credited to your bank account and the best thing is bitcoin transactions goes paperless.

Or it can be none of that if you wanted to, by just taking a bitcoin debit card.

So the fiat on how much btc you hold, so you just swipe as a traditional transaction. Either option is good though.

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April 15, 2016, 07:56:01 PM
 #2053

Have to go with gold over bitcoin because of the track record and it being a actual physical product.
Till bitcoin can shift to a more physical option I do not see people taking bitcoin long term over gold.
If you are under thirty it might seem reasonable but history says other wise.

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April 15, 2016, 08:01:37 PM
 #2054

Have to go with gold over bitcoin because of the track record and it being a actual physical product.
Till bitcoin can shift to a more physical option I do not see people taking bitcoin long term over gold.
If you are under thirty it might seem reasonable but history says other wise.

History will always go with gold, as gold is the best investment product so far and it never had any strong competitor in the past, and bitcoin is very small in compare to the gold.
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April 15, 2016, 08:16:38 PM
 #2055

I'd pick bitcoin, as I like to risk things off. If you want stability, go with gold. One of the biggest assets of world.
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April 15, 2016, 09:20:27 PM
 #2056

I'd pick bitcoin, as I like to risk things off. If you want stability, go with gold. One of the biggest assets of world.

I will prefer to take risk at a moment, as bitcoin gonna be very huge in next couple of months, and I already have investment in gold, so this time I will choose bitcoin for higher profits in short term.
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April 16, 2016, 07:18:54 AM
 #2057

You're taking a lot more counter-party risk if you buy Xaurum as opposed to buying or holding pure physical gold though.

Why? For me it looks clean as it can be.
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April 16, 2016, 02:47:12 PM
 #2058

I'd pick bitcoin, as I like to risk things off. If you want stability, go with gold. One of the biggest assets of world.

Gold?? You need a big amount of money to invest in gold than bitcoin. Bitcoin is still on low price and has a potential to grow more. It's still good to invest in bitcoin for a big profit in the future. Therefore i'd pick bitcoin than gold.

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April 16, 2016, 02:53:22 PM
 #2059

I'd pick bitcoin, as I like to risk things off. If you want stability, go with gold. One of the biggest assets of world.

Gold?? You need a big amount of money to invest in gold than bitcoin. Bitcoin is still on low price and has a potential to grow more. It's still good to invest in bitcoin for a big profit in the future. Therefore i'd pick bitcoin than gold.

The best thing about investing in bitcoin is you don't need to buy full bitcoin, you can buy it even small parts, but in gold there is certain limit to buy, which might not be affordable for everyone.
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April 16, 2016, 03:51:34 PM
 #2060

just like you can buy gold from 0.1 grain (15.4 grain to a gram)
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