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Author Topic: Bitcoin or Gold? What would you pick?  (Read 299014 times)
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August 12, 2016, 07:14:54 AM
 #2781

I would pick bitcoin as it is really good either in short or long term investment. I can earn easily just spending my free time daily unlike gold I don't know how can I get it for free. BTC has a faster and reliable transaction and I can make profits in the future.

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August 12, 2016, 07:28:24 AM
 #2782

in longterm and saving iam chose GOLD
in day earn profit iam chose bitcoin
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August 12, 2016, 08:01:03 AM
 #2783

I would pick bitcoin as it is really good either in short or long term investment. I can earn easily just spending my free time daily unlike gold I don't know how can I get it for free. BTC has a faster and reliable transaction and I can make profits in the future.

There is nothing like free money and that goes same with bitcoin too, if you want to have it then either you have to buy it or earn it by working hard on it and that is advantage bitcoin has over gold, gold can never be earned it has to be purchased.
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August 12, 2016, 08:05:44 AM
Last edit: August 12, 2016, 09:40:38 AM by markj113
 #2784

I would pick bitcoin as it is really good either in short or long term investment. I can earn easily just spending my free time daily unlike gold I don't know how can I get it for free. BTC has a faster and reliable transaction and I can make profits in the future.

There is nothing like free money and that goes same with bitcoin too, if you want to have it then either you have to buy it or earn it by working hard on it and that is advantage bitcoin has over gold, gold can never be earned it has to be purchased.

The only "free" Bitcoin I can think of is faucets, if you want to risk infecting your pc with malware and spend ages jumping through hoops for dust in your wallet.

So what is the difference between working for bitcoin or working for cash and buying gold?


On any given day I would pick bitcoin over gold.Bitcoin is easy to store even if you have millions of worth of bitcoin.Where would I store gold even if I have 10 kg of it? I can spend bitcoin directly to purchase anything and even sell bitcoin itself

This is another line people love to keep saying here,  10kg gold is worth $430,000.  How many people here including you have that much invested in bitcoin.  In reality the amount you have invested in bitcoin would be a few small gold coins that would just mix with your spare change.

I have cash and a debit card for my day to day spending, my investments are my investments which I dont need to spend on a regular basis.
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August 12, 2016, 08:07:11 AM
 #2785

in longterm and saving iam chose GOLD
in day earn profit iam chose bitcoin
You hit the point mate, and also Gold is for rich people that can only afford to invest while in bitcoin even you are poor and you know how to access bitcoin you can able to earn without investment that is why i choose bitcoin for those people who can not afford to invest.
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August 12, 2016, 08:09:18 AM
 #2786

I would pick bitcoin as it is really good either in short or long term investment. I can earn easily just spending my free time daily unlike gold I don't know how can I get it for free. BTC has a faster and reliable transaction and I can make profits in the future.
It is fast in transaction but it does not guarantee that we can make profit in the future, all we have is just a speculation and it could happen or not, it's like gambling and that has risk on it so we need to take the risk and not so comfortable with it to limit our investment to the amount that we can afford to lose.
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August 12, 2016, 09:38:57 AM
 #2787

in longterm and saving iam chose GOLD
in day earn profit iam chose bitcoin
You hit the point mate, and also Gold is for rich people that can only afford to invest while in bitcoin even you are poor and you know how to access bitcoin you can able to earn without investment that is why i choose bitcoin for those people who can not afford to invest.
Bitcoin is both for the poor and rich people because in making money we have the same chances regardless of our status in life. If we are just poor now, we need to embrace it and make the necessary method to be rich, we need to work and invest at the same so when we become rich we can also invest with gold.

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August 12, 2016, 09:47:44 AM
 #2788

in longterm and saving iam chose GOLD
in day earn profit iam chose bitcoin
You hit the point mate, and also Gold is for rich people that can only afford to invest while in bitcoin even you are poor and you know how to access bitcoin you can able to earn without investment that is why i choose bitcoin for those people who can not afford to invest.
Bitcoin is both for the poor and rich people because in making money we have the same chances regardless of our status in life. If we are just poor now, we need to embrace it and make the necessary method to be rich, we need to work and invest at the same so when we become rich we can also invest with gold.

Which rich people are actually interested in Bitcoin? Warren Buffet, or maybe, George Soros? I've never heard a word from them in favor of Bitcoin...

But maybe they are too old and simply can't fathom the opportunity?

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August 12, 2016, 09:59:20 AM
 #2789

in longterm and saving iam chose GOLD
in day earn profit iam chose bitcoin
You hit the point mate, and also Gold is for rich people that can only afford to invest while in bitcoin even you are poor and you know how to access bitcoin you can able to earn without investment that is why i choose bitcoin for those people who can not afford to invest.
Bitcoin is both for the poor and rich people because in making money we have the same chances regardless of our status in life. If we are just poor now, we need to embrace it and make the necessary method to be rich, we need to work and invest at the same so when we become rich we can also invest with gold.

Which rich people are actually interested in Bitcoin? Warren Buffet, or maybe, George Soros? I've never heard a word from them in favor of Bitcoin...

But maybe they are too old and simply can't fathom the opportunity?

The people you name up are too old fashion to get interested in something as Bitcoin. While the world is changing towards a digital totality, these investors are still years behind on technology and everything that comes with it. They are too fixated on their side of the economy that things as Bitcoin don't even make it to their list of interesting investment options.
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August 12, 2016, 10:05:30 AM
 #2790

in longterm and saving iam chose GOLD
in day earn profit iam chose bitcoin
You hit the point mate, and also Gold is for rich people that can only afford to invest while in bitcoin even you are poor and you know how to access bitcoin you can able to earn without investment that is why i choose bitcoin for those people who can not afford to invest.
Bitcoin is both for the poor and rich people because in making money we have the same chances regardless of our status in life. If we are just poor now, we need to embrace it and make the necessary method to be rich, we need to work and invest at the same so when we become rich we can also invest with gold.

Which rich people are actually interested in Bitcoin? Warren Buffet, or maybe, George Soros? I've never heard a word from them in favor of Bitcoin...

But maybe they are too old and simply can't fathom the opportunity?

The people you name up are too old fashion to get interested in something as Bitcoin. While the world is changing towards a digital totality, these investors are still years behind on technology and everything that comes with it. They are too fixated on their side of the economy that things as Bitcoin don't even make it to their list of interesting investment options.

But they are still rich as fuck. On the other hand, the new money doesn't seem to be much interested in Bitcoin either. I can't recall that Elon Musk or Larry Page would be buying shitloads of bitcoins or just investing their resources into further developing this technology...

I assume you won't say that these guys "are years behind on technology and everything that comes with it"

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August 12, 2016, 10:18:15 AM
 #2791

in longterm and saving iam chose GOLD
in day earn profit iam chose bitcoin
You hit the point mate, and also Gold is for rich people that can only afford to invest while in bitcoin even you are poor and you know how to access bitcoin you can able to earn without investment that is why i choose bitcoin for those people who can not afford to invest.
Bitcoin is both for the poor and rich people because in making money we have the same chances regardless of our status in life. If we are just poor now, we need to embrace it and make the necessary method to be rich, we need to work and invest at the same so when we become rich we can also invest with gold.

Which rich people are actually interested in Bitcoin? Warren Buffet, or maybe, George Soros? I've never heard a word from them in favor of Bitcoin...

But maybe they are too old and simply can't fathom the opportunity?

The people you name up are too old fashion to get interested in something as Bitcoin. While the world is changing towards a digital totality, these investors are still years behind on technology and everything that comes with it. They are too fixated on their side of the economy that things as Bitcoin don't even make it to their list of interesting investment options.
Bad for them and good for us, it that way we can be rich in the future why they are left behind and they cannot maximize their money efficiently. I am glad I know bitcoin because I have that opportunity to invest now which I cannot put it in gold.

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August 12, 2016, 10:24:35 AM
 #2792

in longterm and saving iam chose GOLD
in day earn profit iam chose bitcoin
You hit the point mate, and also Gold is for rich people that can only afford to invest while in bitcoin even you are poor and you know how to access bitcoin you can able to earn without investment that is why i choose bitcoin for those people who can not afford to invest.
Bitcoin is both for the poor and rich people because in making money we have the same chances regardless of our status in life. If we are just poor now, we need to embrace it and make the necessary method to be rich, we need to work and invest at the same so when we become rich we can also invest with gold.

Which rich people are actually interested in Bitcoin? Warren Buffet, or maybe, George Soros? I've never heard a word from them in favor of Bitcoin...

But maybe they are too old and simply can't fathom the opportunity?

The people you name up are too old fashion to get interested in something as Bitcoin. While the world is changing towards a digital totality, these investors are still years behind on technology and everything that comes with it. They are too fixated on their side of the economy that things as Bitcoin don't even make it to their list of interesting investment options.
Bad for them and good for us, it that way we can be rich in the future why they are left behind and they cannot maximize their money efficiently. I am glad I know bitcoin because I have that opportunity to invest now which I cannot put it in gold.

I'm singularly curious how they could "maximize" their money efficiently with bitcoins. Buy all mined and currently traded coins? And what's next? Just buy a few thousand bitcoins, sell them later and gain a few thousand dollars in profits? Would it be worth the effort given the scale of their operations (billions of dollars, just in case)?

These are all rhetorical questions, for the sake of clearing up things a little bit

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August 12, 2016, 04:05:59 PM
 #2793

in longterm and saving iam chose GOLD
in day earn profit iam chose bitcoin
You hit the point mate, and also Gold is for rich people that can only afford to invest while in bitcoin even you are poor and you know how to access bitcoin you can able to earn without investment that is why i choose bitcoin for those people who can not afford to invest.
Bitcoin is both for the poor and rich people because in making money we have the same chances regardless of our status in life. If we are just poor now, we need to embrace it and make the necessary method to be rich, we need to work and invest at the same so when we become rich we can also invest with gold.

Which rich people are actually interested in Bitcoin? Warren Buffet, or maybe, George Soros? I've never heard a word from them in favor of Bitcoin...

But maybe they are too old and simply can't fathom the opportunity?

The people you name up are too old fashion to get interested in something as Bitcoin. While the world is changing towards a digital totality, these investors are still years behind on technology and everything that comes with it. They are too fixated on their side of the economy that things as Bitcoin don't even make it to their list of interesting investment options.
Bad for them and good for us, it that way we can be rich in the future why they are left behind and they cannot maximize their money efficiently. I am glad I know bitcoin because I have that opportunity to invest now which I cannot put it in gold.

I'm singularly curious how they could "maximize" their money efficiently with bitcoins. Buy all mined and currently traded coins? And what's next? Just buy a few thousand bitcoins, sell them later and gain a few thousand dollars in profits? Would it be worth the effort given the scale of their operations (billions of dollars, just in case)?

These are all rhetorical questions, for the sake of clearing up things a little bit
Maybe maximizing is through trading and investing in a short period of time. But that would only happen if your investment will have a positive outcome and if not then you accept the loses. That's how it goes in trading right?

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deisik
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August 12, 2016, 04:10:27 PM
 #2794

I'm singularly curious how they could "maximize" their money efficiently with bitcoins. Buy all mined and currently traded coins? And what's next? Just buy a few thousand bitcoins, sell them later and gain a few thousand dollars in profits? Would it be worth the effort given the scale of their operations (billions of dollars, just in case)?

These are all rhetorical questions, for the sake of clearing up things a little bit
Maybe maximizing is through trading and investing in a short period of time. But that would only happen if your investment will have a positive outcome and if not then you accept the loses. That's how it goes in trading right?

And how much Soros would earn speculating in bitcoins, lol? In real life, though, Soros is playing with gold. Anyway you might look at this, but he has made his choice...

So what are you waiting for?

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August 12, 2016, 04:16:00 PM
 #2795

I'm singularly curious how they could "maximize" their money efficiently with bitcoins. Buy all mined and currently traded coins? And what's next? Just buy a few thousand bitcoins, sell them later and gain a few thousand dollars in profits? Would it be worth the effort given the scale of their operations (billions of dollars, just in case)?

These are all rhetorical questions, for the sake of clearing up things a little bit
Maybe maximizing is through trading and investing in a short period of time. But that would only happen if your investment will have a positive outcome and if not then you accept the loses. That's how it goes in trading right?

And how much Soros would earn speculating in bitcoins, lol? In real life, though, Soros is playing with gold
Soros is playing with gold because gold is a stable currency and the whole world is equal to gold. Even a dollar less stable and does not jump in value compared with bitcoin.
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August 12, 2016, 04:25:53 PM
Last edit: August 12, 2016, 05:56:15 PM by deisik
 #2796

I'm singularly curious how they could "maximize" their money efficiently with bitcoins. Buy all mined and currently traded coins? And what's next? Just buy a few thousand bitcoins, sell them later and gain a few thousand dollars in profits? Would it be worth the effort given the scale of their operations (billions of dollars, just in case)?

These are all rhetorical questions, for the sake of clearing up things a little bit
Maybe maximizing is through trading and investing in a short period of time. But that would only happen if your investment will have a positive outcome and if not then you accept the loses. That's how it goes in trading right?

And how much Soros would earn speculating in bitcoins, lol? In real life, though, Soros is playing with gold
Soros is playing with gold because gold is a stable currency and the whole world is equal to gold. Even a dollar less stable and does not jump in value compared with bitcoin.

Had you followed the link I pasted, you would have known that Soros had bought gold options. If you don't know what options are and how their price behaves, you'd better first learn the basics of options pricing (not speaking about options trading since it is an art in and of itself). Otherwise, you are just adding your share of crap to the loads of bullshit that this thread is already filled up with. Hint, only a few financial instruments are more volatile than options (e.g. volatility indexes) and Bitcoin is not one of them...

Irrespective of the underlying of the underlying, lol

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August 12, 2016, 04:28:25 PM
 #2797

in longterm and saving iam chose GOLD
in day earn profit iam chose bitcoin
You hit the point mate, and also Gold is for rich people that can only afford to invest while in bitcoin even you are poor and you know how to access bitcoin you can able to earn without investment that is why i choose bitcoin for those people who can not afford to invest.
Bitcoin is both for the poor and rich people because in making money we have the same chances regardless of our status in life. If we are just poor now, we need to embrace it and make the necessary method to be rich, we need to work and invest at the same so when we become rich we can also invest with gold.
But not all humans will be rich by using those both bitcoin or gold it is always depends how you manage your money in those two.. if you invest in gold to be able to make a profit you are waiting for the price to be high to sell if for high price or you can sell it to someone for those who interested .. this is just like the same as bitcoin that you are waiting for the price to be increase ..

if you are just stay for holding your if you are poor you can only invest small amount and you can only make a profit small amount..
IF you want to become reach use bitcoin to start a business..
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August 12, 2016, 04:33:05 PM
 #2798

I'm singularly curious how they could "maximize" their money efficiently with bitcoins. Buy all mined and currently traded coins? And what's next? Just buy a few thousand bitcoins, sell them later and gain a few thousand dollars in profits? Would it be worth the effort given the scale of their operations (billions of dollars, just in case)?

These are all rhetorical questions, for the sake of clearing up things a little bit
Maybe maximizing is through trading and investing in a short period of time. But that would only happen if your investment will have a positive outcome and if not then you accept the loses. That's how it goes in trading right?

And how much Soros would earn speculating in bitcoins, lol? In real life, though, Soros is playing with gold. Anyway you might look at this, but he has made his choice...

So what are you waiting for?

that doest mean gold is a better choice for everyone... Soro is a big fish and crypto doesnt have enough liquidity to deal with him.
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August 12, 2016, 04:36:09 PM
Last edit: August 12, 2016, 04:52:37 PM by deisik
 #2799

I'm singularly curious how they could "maximize" their money efficiently with bitcoins. Buy all mined and currently traded coins? And what's next? Just buy a few thousand bitcoins, sell them later and gain a few thousand dollars in profits? Would it be worth the effort given the scale of their operations (billions of dollars, just in case)?

These are all rhetorical questions, for the sake of clearing up things a little bit
Maybe maximizing is through trading and investing in a short period of time. But that would only happen if your investment will have a positive outcome and if not then you accept the loses. That's how it goes in trading right?

And how much Soros would earn speculating in bitcoins, lol? In real life, though, Soros is playing with gold. Anyway you might look at this, but he has made his choice...

So what are you waiting for?

that doest mean gold is a better choice for everyone... Soro is a big fish and crypto doesnt have enough liquidity to deal with him

Bingo! You just hit the jack-pot. This is exactly the point that I was trying to convey only a few posts earlier

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August 12, 2016, 04:57:45 PM
 #2800

I'm singularly curious how they could "maximize" their money efficiently with bitcoins. Buy all mined and currently traded coins? And what's next? Just buy a few thousand bitcoins, sell them later and gain a few thousand dollars in profits? Would it be worth the effort given the scale of their operations (billions of dollars, just in case)?

These are all rhetorical questions, for the sake of clearing up things a little bit
Maybe maximizing is through trading and investing in a short period of time. But that would only happen if your investment will have a positive outcome and if not then you accept the loses. That's how it goes in trading right?

And how much Soros would earn speculating in bitcoins, lol? In real life, though, Soros is playing with gold. Anyway you might look at this, but he has made his choice...

So what are you waiting for?

that doest mean gold is a better choice for everyone... Soro is a big fish and crypto doesnt have enough liquidity to deal with him

Bingo! You just hit the jack-pot. This is exactly the point that I was trying to convey only a few posts earlier

that makes sense. however, this also means that other (wall street level) traders will most likely skip bitcoin as investment tool, which is quite sad as these people have the wealth to move this market to reach prices we have never seen before.
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