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Author Topic: Bitcoin or Gold? What would you pick?  (Read 299014 times)
mark coins
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May 20, 2016, 04:28:51 PM
 #2301

I love them both but for now I would choose the bitcoin, just because of the fact that the bitcoin is gonna rise to a higher amount very soon this year.
You do not need a lot of patience for the bitcoin compared with the gold.

Yeah but you need to hold it for long time if you want to make good profits, but in compare to gold you can earn it fast as gold will really take time to give you returns.
bitcoin and gold is pretty good. but I still prefer a bitcoin, because we can multiply bitcoin if we have a special ability, in addition to collect bitcoin does not require very much power

Yeah and you can also invest a small capital in bitcoin, as it is not necessary to buy full bitcoin, you can buy it in small parts so you can do it whenever price gets low.
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May 22, 2016, 04:25:50 AM
 #2302

I love them both but for now I would choose the bitcoin, just because of the fact that the bitcoin is gonna rise to a higher amount very soon this year.
You do not need a lot of patience for the bitcoin compared with the gold.

Yeah but you need to hold it for long time if you want to make good profits, but in compare to gold you can earn it fast as gold will really take time to give you returns.
bitcoin and gold is pretty good. but I still prefer a bitcoin, because we can multiply bitcoin if we have a special ability, in addition to collect bitcoin does not require very much power

Yeah and you can also invest a small capital in bitcoin, as it is not necessary to buy full bitcoin, you can buy it in small parts so you can do it whenever price gets low.
It's true! that's the beauty of bitcoin because even if you have a small amount of money you can buy a portion of 1 bitcoin, unlike in good you need to buy in full or the minimum buying is high. Bitcoin is precious because you can use it everyday in transactions.
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May 22, 2016, 05:42:07 AM
 #2303

I largely prefer Bitcoin, because gold is only meant to store value. The day you'll want to buy a new car with it, good luck !
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May 22, 2016, 05:45:08 AM
 #2304

Gold for me if im in the year of 1800 but now for me bitcoin beause you can use it in daily live and you can pay it to shop that accepts bitcoin. And if gold you can pay it also but how about if you buy only a cup of tea what is the change for you? My point is you can pay bitcoin in any amount but gold how about if the gold is bar? You can pay it but what is the change?

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Cyaren
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May 22, 2016, 07:29:50 AM
 #2305

Gold for me if im in the year of 1800 but now for me bitcoin beause you can use it in daily live and you can pay it to shop that accepts bitcoin. And if gold you can pay it also but how about if you buy only a cup of tea what is the change for you? My point is you can pay bitcoin in any amount but gold how about if the gold is bar? You can pay it but what is the change?

Yeah, I agree. Gold has proven to be a good store of value over the past few thousand years, but anything can come to an end as a good store of value. Like shells were used as a store of value, but now they are worth nothing. Also salt, tea blocks etc. etc.

Bitcoin is a better concept I guess, a better system than gold. It's more convenient.
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May 22, 2016, 08:02:21 AM
 #2306

Gold for me if im in the year of 1800 but now for me bitcoin beause you can use it in daily live and you can pay it to shop that accepts bitcoin. And if gold you can pay it also but how about if you buy only a cup of tea what is the change for you? My point is you can pay bitcoin in any amount but gold how about if the gold is bar? You can pay it but what is the change?

Yeah, I agree. Gold has proven to be a good store of value over the past few thousand years, but anything can come to an end as a good store of value. Like shells were used as a store of value, but now they are worth nothing. Also salt, tea blocks etc. etc.

Bitcoin is a better concept I guess, a better system than gold. It's more convenient.

Gold will remain as back up currency of the world for basically an infinite amount of time because people can ALWAYS fall back on it. That's the good thing about Gold. Bitcoin is much better as you can cut a whole Bitcoin into hundred million pieces if you so wish. You can't do that with Gold if you have a 1000gram brick, unless you melt it down and form smaller portions. Then again, if you want to make a payment worth $1.80 for example, how will you do that with a small chunk of Gold being worth $50. Grin Bitcoin in that aspect is far superior.
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May 22, 2016, 08:10:48 AM
Last edit: May 22, 2016, 05:48:44 PM by deisik
 #2307

Gold for me if im in the year of 1800 but now for me bitcoin beause you can use it in daily live and you can pay it to shop that accepts bitcoin. And if gold you can pay it also but how about if you buy only a cup of tea what is the change for you? My point is you can pay bitcoin in any amount but gold how about if the gold is bar? You can pay it but what is the change?

Yeah, I agree. Gold has proven to be a good store of value over the past few thousand years, but anything can come to an end as a good store of value. Like shells were used as a store of value, but now they are worth nothing. Also salt, tea blocks etc. etc.

Bitcoin is a better concept I guess, a better system than gold. It's more convenient.

The fact that many central banks are actively hoarding gold tells us that the end of gold era is still very far away

Yes, Bitcoin is more convenient, but it is also more fragile (in different senses), while gold is indestructible. It is always an uncanny sight to see gold finishing perfectly intact in some ancient items such as swords that are completely rotten themselves...


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May 22, 2016, 04:57:24 PM
 #2308

I largely prefer Bitcoin, because gold is only meant to store value. The day you'll want to buy a new car with it, good luck !

Besides the difference between the purchase and sale price  is big I guess.
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May 22, 2016, 05:12:14 PM
 #2309

And to retain value. On the day you will buy a new car with Gold is much easier as you think. Why don't you just sell your Gold for the current exchange price for fiat and use the fiat to buy the car? This is much the same as buying stuff with Bitcoin. Most do not accept Bitcoin, therefore you need to exchange it before the deal can be done.

I largely prefer Bitcoin, because gold is only meant to store value. The day you'll want to buy a new car with it, good luck !
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May 22, 2016, 05:15:41 PM
 #2310

I am prefer gold cause nowdays it's really better and perspective than bitcoins, bitcoins can drop at anytime that will not happen with gold. So gold is my choise.

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May 22, 2016, 05:56:00 PM
 #2311

I am prefer gold cause nowdays it's really better and perspective than bitcoins, bitcoins can drop at anytime that will not happen with gold. So gold is my choise.

If you take halving into consideration then you need to invest in bitcoin at this stage as the price of bitcoin will be much higher in coming months.
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May 22, 2016, 06:31:12 PM
 #2312

I am prefer gold cause nowdays it's really better and perspective than bitcoins, bitcoins can drop at anytime that will not happen with gold. So gold is my choise.

If you take halving into consideration then you need to invest in bitcoin at this stage as the price of bitcoin will be much higher in coming months.

I'd take the other side of that bet.
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May 22, 2016, 07:35:30 PM
 #2313

I am prefer gold cause nowdays it's really better and perspective than bitcoins, bitcoins can drop at anytime that will not happen with gold. So gold is my choise.

If you take halving into consideration then you need to invest in bitcoin at this stage as the price of bitcoin will be much higher in coming months.

Yeah its better to invest in bitcoin at a moment as halving will show us some higher price of bitcoin so its an good option to invest in bitcoin at this stage.
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May 22, 2016, 08:01:08 PM
 #2314

I am prefer gold cause nowdays it's really better and perspective than bitcoins, bitcoins can drop at anytime that will not happen with gold. So gold is my choise.

If you take halving into consideration then you need to invest in bitcoin at this stage as the price of bitcoin will be much higher in coming months.

Yeah its better to invest in bitcoin at a moment as halving will show us some higher price of bitcoin so its an good option to invest in bitcoin at this stage.


Investment in bitcoin is risky as we don't know what will be the price at halving, either it can go higher or lower so enter at your own risk.
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May 22, 2016, 08:30:24 PM
 #2315

I am prefer gold cause nowdays it's really better and perspective than bitcoins, bitcoins can drop at anytime that will not happen with gold. So gold is my choise.

If you take halving into consideration then you need to invest in bitcoin at this stage as the price of bitcoin will be much higher in coming months.

Yeah its better to invest in bitcoin at a moment as halving will show us some higher price of bitcoin so its an good option to invest in bitcoin at this stage.


Investment in bitcoin is risky as we don't know what will be the price at halving, either it can go higher or lower so enter at your own risk.

Correct everybody is saying buy because of the halving but that is no guarantee.
With gold we know there will be a stable rise over a period of a few decades.
co5hike
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May 22, 2016, 08:38:22 PM
 #2316

I am prefer gold cause nowdays it's really better and perspective than bitcoins, bitcoins can drop at anytime that will not happen with gold. So gold is my choise.

If you take halving into consideration then you need to invest in bitcoin at this stage as the price of bitcoin will be much higher in coming months.

Yeah its better to invest in bitcoin at a moment as halving will show us some higher price of bitcoin so its an good option to invest in bitcoin at this stage.


Investment in bitcoin is risky as we don't know what will be the price at halving, either it can go higher or lower so enter at your own risk.

Gold is always an safer investment in compare to bitcoin and its proving since a long time as it holds maximum number of satisfied customers.

Correct everybody is saying buy because of the halving but that is no guarantee.
With gold we know there will be a stable rise over a period of a few decades.
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May 22, 2016, 09:06:47 PM
 #2317

I will always choose gold for making an investment as I like to play safe and gold can give me good stable profits in long run.

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May 22, 2016, 11:11:27 PM
 #2318

Actually now the situation will make to do something,if the Bitcoin is more valuable then gold people will go to  invest money to that,if somebody think that is risky to invest money then they will never go for invest their money to them, I think here is nothing risk to invest your money to bitcoin with more profit.
 
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May 22, 2016, 11:44:20 PM
 #2319

Actually now the situation will make to do something,if the Bitcoin is more valuable then gold people will go to  invest money to that,if somebody think that is risky to invest money then they will never go for invest their money to them, I think here is nothing risk to invest your money to bitcoin with more profit.
 

If bitcoin will be more valuable it's now having more sense to take bitcoin as part now of your financial ways to make money alongside with gold.

Also any investment in any form always associated with risk.

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May 23, 2016, 03:41:44 AM
 #2320

Actually now the situation will make to do something,if the Bitcoin is more valuable then gold people will go to  invest money to that,if somebody think that is risky to invest money then they will never go for invest their money to them, I think here is nothing risk to invest your money to bitcoin with more profit.
 

If bitcoin will be more valuable it's now having more sense to take bitcoin as part now of your financial ways to make money alongside with gold.

Also any investment in any form always associated with risk.
Investing always involves risk as we do not see and hold the future, by investing in gold you need a lot of money to have a profit in the future and it has only limited usage if you feel it has. While, on the other hand bitcoins is very useful that can be part of our daily transactions in life involving our finances.
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