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Author Topic: Bitcoin or Gold? What would you pick?  (Read 299014 times)
deisik
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July 28, 2016, 06:53:48 AM
Last edit: July 28, 2016, 08:35:44 AM by deisik
 #2641

Gold is very good for people who want stable income without risks, but i don't know anything about gold and how to work with it, so i am just using bitcoins.

Stable income? To get stable income from gold, you would have to sell it at regular intervals.
That is not easy. Gold is best suited for long term protection for your wealth.

You could trade gold futures and options (as well as other gold derivatives). I guess this is the preferred way to trade (buy or sell) any significant amount of gold unless you are a government or a Central Bank...

In this way, you can get stable income from gold too

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July 28, 2016, 08:30:23 AM
 #2642

I would pick bitcoin because it has many benefits over gold. Old generations are leaving and new are coming. New one will be techno generation sucking information from PC since very young age, for them working with software will be as breathing, but they wont know what to do with gold.
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July 28, 2016, 10:31:01 AM
 #2643

Gold for me because we all know that gold is not consumed any amount of many years . Because bitcoin has no assurance  to hold it for a long long time so i think twice if i hold bitcoin or not . The gold is for lifetime . So I choose the gold with bitcoin . If I have money I invest in gold . Because I know I can earn here greater than the bitcoin . It is long-lasting investment.
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July 28, 2016, 11:29:44 AM
 #2644

Gold would still be the choice of a lot of people for obvious reasons. It is something that is tangible, has stable value and rises in price so it is a very good investment. Will the time come that bitcoin will rival gold's value? Anything is possible, especially with the changing times and the technology that makes life depend on tangibles.
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July 28, 2016, 12:41:38 PM
 #2645

Gold would still be the choice of a lot of people for obvious reasons. It is something that is tangible, has stable value and rises in price so it is a very good investment. Will the time come that bitcoin will rival gold's value? Anything is possible, especially with the changing times and the technology that makes life depend on tangibles.
I know many would prefer gold but the real question is are they willing to invest with gold, and with that said our willingness should mean that we also have the capacity to invest. I believe it is not easy to make gold as your investment as you will need to have a decent amount of money to enable your self in earning also a decent amount.

That is the reality but we need to accept it and instead let us just invest in bitcoin as most of us can only afford to invest in it for now.

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July 28, 2016, 05:50:03 PM
 #2646

Bitcoin , because bitcoin is going to rise up its price too much faster than gold and we can get good profit if we hold our bitcoin for some period .
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July 28, 2016, 05:59:25 PM
 #2647

If one had to be picked it would be Bitcoin, so liquid and much easier to use/buy/sell in practice, and less worries about storage! Adoption is growing massively and in the space of a few years its comparable to gold which has been around forever - not a small achievement! I'm amazed :-)
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July 28, 2016, 06:16:00 PM
 #2648

Bitcoin , because bitcoin is going to rise up its price too much faster than gold and we can get good profit if we hold our bitcoin for some period .
Yeah right the price of bitcoin is faster than gold because of bitcoin is in demand than gold..
Gold is just a jewelry or design unlike bitcoin that we are using it as currency online..


If one had to be picked it would be Bitcoin, so liquid and much easier to use/buy/sell in practice, and less worries about storage! Adoption is growing massively and in the space of a few years its comparable to gold which has been around forever - not a small achievement! I'm amazed :-)
Well yeah your right bitcoin is one of the good investment compare to gold it has easier to hold and we can use it as currency online.. unlike gold..
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July 28, 2016, 06:29:56 PM
 #2649

Bitcoin , because bitcoin is going to rise up its price too much faster than gold and we can get good profit if we hold our bitcoin for some period .
yeah bitcoin price is really down right now and i think that the price is going to go up pretty soon, i think that it might make you even rich

gold is old already and i dont think it is still worth using it, in my opinion bitcoin gives way better opportunities to  gain money over time

 
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July 28, 2016, 11:11:16 PM
 #2650

Bitcoin , because bitcoin is going to rise up its price too much faster than gold and we can get good profit if we hold our bitcoin for some period .
yeah bitcoin price is really down right now and i think that the price is going to go up pretty soon, i think that it might make you even rich

gold is old already and i dont think it is still worth using it, in my opinion bitcoin gives way better opportunities to  gain money over time

I'd also pick Bitcoin. It is much easier to use And the main point for me is, the Value. We all know that Bitcoin to USD fluctuates frequently, it can go way way down, but it also rises real high, so there is much more opportunity in using Bitcoin. PLUS, you'd have to be a jeweler or a professional to be able to distinguish the quality of the Gold, and it would be a hassle in selling,you'd have to find somewhere that buys high and I would NOT feel SAFE walking around with gold.

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July 28, 2016, 11:18:32 PM
 #2651

Bitcoin , because bitcoin is going to rise up its price too much faster than gold and we can get good profit if we hold our bitcoin for some period .
yeah bitcoin price is really down right now and i think that the price is going to go up pretty soon, i think that it might make you even rich

gold is old already and i dont think it is still worth using it, in my opinion bitcoin gives way better opportunities to  gain money over time

I'd also pick Bitcoin. It is much easier to use And the main point for me is, the Value. We all know that Bitcoin to USD fluctuates frequently, it can go way way down, but it also rises real high, so there is much more opportunity in using Bitcoin. PLUS, you'd have to be a jeweler or a professional to be able to distinguish the quality of the Gold, and it would be a hassle in selling,you'd have to find somewhere that buys high and I would NOT feel SAFE walking around with gold.
Well if we ask people or neighbor what they choose i think they will choose gold because they didnt know what is bitcoin..
But both are good and best investment they have different benefits but i will stay too in bitcoin because of fast movement of the price and bitcoin will be rise and will be trending in every country..

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July 29, 2016, 12:37:36 AM
 #2652

I'd pick bitcoin because transactions are faster when selling bitcoin then if you were selling gold, also bitcoin is anonymous while gold may not be(especially if you are selling in person).
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July 29, 2016, 12:48:46 AM
 #2653

Both options are good, and perhaps I would pick more gold than bitcoin (60-40), because I am sure that Gold will last for several generations, but I am not so sure about the future of bitcoin in the long, long run.
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July 30, 2016, 07:17:41 AM
 #2654

Both options are good, and perhaps I would pick more gold than bitcoin (60-40), because I am sure that Gold will last for several generations, but I am not so sure about the future of bitcoin in the long, long run.
Me even would choose gold but if we have only a limited resources to use in our investment we should choose bitcoin as in the short period of time if we are lucky and have done the right thing we could be rich and our goal will be achieve.

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July 30, 2016, 10:13:42 AM
 #2655

Both options are good, and perhaps I would pick more gold than bitcoin (60-40), because I am sure that Gold will last for several generations, but I am not so sure about the future of bitcoin in the long, long run.
in present time i think the best option is to choose bitcoin because the popularity of bitcoin is increasing day by day and we can see that the price of bitcoin is increasing very rapidly as compare to gold. i think bitcoin is not going to lost or dead in next few decades so it is a good investment as compare to gold.
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July 30, 2016, 11:16:30 AM
 #2656

Bitcoin , because bitcoin is going to rise up its price too much faster than gold and we can get good profit if we hold our bitcoin for some period .

I also pick bitcoin, because bitcoin has greater profit potential than gold, and it happened because the fluctuation of the price of bitcoin, and gold can not do that.

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tottong
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July 30, 2016, 12:33:32 PM
 #2657

I choose both, bitcoin is better investment for the shorterm
and gold is very good to hold it for the longterm.

randy8777
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July 30, 2016, 12:39:24 PM
 #2658

I choose both, bitcoin is better investment for the shorterm
and gold is very good to hold it for the longterm.


bitcoin is a great long term investment. i am in bitcoin since 2014 and am holding my coins for many more years. there is so much room for future growth. you have to make yourself store your coins for the very long term as i believe the current price is nothing more than peanuts compared to what the price will be after 5-10 years.
tottong
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July 30, 2016, 12:50:22 PM
 #2659

I choose both, bitcoin is better investment for the shorterm
and gold is very good to hold it for the longterm.


bitcoin is a great long term investment. i am in bitcoin since 2014 and am holding my coins for many more years. there is so much room for future growth. you have to make yourself store your coins for the very long term as i believe the current price is nothing more than peanuts compared to what the price will be after 5-10 years.

I also have some bitcoin, I hold it for long term invesment.
I'm sure the price will rise for the future and the price will be good after the next block halving

oHnK
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July 30, 2016, 01:25:06 PM
 #2660


I also have some bitcoin, I hold it for long term invesment.
I'm sure the price will rise for the future and the price will be good after the next block halving

The last block halving made the price pumped into the current price so the next halving could probably be good as well however everything in the world has its own variance therefore the price could be going down as well, the price is predicted to be going down in 6 months or so
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