Bitcoin or Gold? What would you pick?

[bitcoinmasterlord]

Its a good time to short gold right now. Short time at least. Bitcoin still has a lot of potential.

yeah bitcoin is going to grow a lot in the near future, in my opinion the price is going to become huge, it would be really cool to be honest though anything might happen

Yes the price of bitcoin will be much higher in future so I think this is the best time to invest money in bitcoin as it has potential to give better profits in compare to gold.

All of us just hoping that bitcoin prices will go up in the future, but it will happen only if demand for bitcoin goes up. Gold has proven for many years. It will give good profits over the long time and it more suitable for less risk takers. I have invested in both of them but more in gold and less in bitcoins.

[mirakal]

Its a good time to short gold right now. Short time at least. Bitcoin still has a lot of potential.

For short time, bitcoin has more potential than gold. Because the bitcoin's price can easily goes up and down and you can easily earn bitcoin for investment. Gold is for long run imo.

It always depends on how you do it, the price of bitcoin is so volatile, it could sometime go up and go down abruptly, gold is more stable for me and the only way you can earn in a short period of time using bitcoin is through day trading.

[narutushipu]

iam choose bitcoin is fast growth my money

[Positid]

iam choose bitcoin is fast growth my money

That's good although your grammar is bad, bitcoin will give us more opportunity to grow our money than gold because we are just a small investor, being a small investor we should be more focus on high risk investment as it is more rewarding for us in the future.

[deisik]

Its a good time to short gold right now. Short time at least. Bitcoin still has a lot of potential.

yeah bitcoin is going to grow a lot in the near future, in my opinion the price is going to become huge, it would be really cool to be honest though anything might happen

Yes the price of bitcoin will be much higher in future so I think this is the best time to invest money in bitcoin as it has potential to give better profits in compare to gold.

All of us just hoping that bitcoin prices will go up in the future, but it will happen only if demand for bitcoin goes up. Gold has proven for many years. It will give good profits over the long time and it more suitable for less risk takers. I have invested in both of them but more in gold and less in bitcoins.

Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins

[Ziskinberg]

Its a good time to short gold right now. Short time at least. Bitcoin still has a lot of potential.

yeah bitcoin is going to grow a lot in the near future, in my opinion the price is going to become huge, it would be really cool to be honest though anything might happen

Yes the price of bitcoin will be much higher in future so I think this is the best time to invest money in bitcoin as it has potential to give better profits in compare to gold.

All of us just hoping that bitcoin prices will go up in the future, but it will happen only if demand for bitcoin goes up. Gold has proven for many years. It will give good profits over the long time and it more suitable for less risk takers. I have invested in both of them but more in gold and less in bitcoins.

Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins

Regardless, the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.

[tyz]

Gold is still in a healthy uptrend. There is no reason to short it right now. The many economical uncertainties will hold Gold on the level or even higher. Of course there could also be some corrections. But a range between $1280 and 1360 is very healthy.

Its a good time to short gold right now. Short time at least. Bitcoin still has a lot of potential.

How so? If I look at the price charts of Gold nothing really interesting happened that might give people an indication that it is time to cash out. No bad news nothing...

[TReano]

Gold is still in a healthy uptrend. There is no reason to short it right now. The many economical uncertainties will hold Gold on the level or even higher. Of course there could also be some corrections. But a range between $1280 and 1360 is very healthy.

exactly. Gold was in a pretty depressing downtrend for ~4 years. It finally broke the trend channel earlier this year to the upside. There is absolutely no reason to short Gold right now.

[deisik]

Its a good time to short gold right now. Short time at least. Bitcoin still has a lot of potential.

yeah bitcoin is going to grow a lot in the near future, in my opinion the price is going to become huge, it would be really cool to be honest though anything might happen

Yes the price of bitcoin will be much higher in future so I think this is the best time to invest money in bitcoin as it has potential to give better profits in compare to gold.

All of us just hoping that bitcoin prices will go up in the future, but it will happen only if demand for bitcoin goes up. Gold has proven for many years. It will give good profits over the long time and it more suitable for less risk takers. I have invested in both of them but more in gold and less in bitcoins.

Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins

Regardless, the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.

That's pretty much the same what I say myself. But every coin has two sides, and Bitcoin is no exception to this rule (I have yet to see a true Möbius coin, and not that shit which had been passing for one). With the price increase (for example, due to an abrupt supply collapse), volatility will most certainly get out of hand completely...

And that might be (and likely will be) fatal to Bitcoin despite its price surging near the end of its life cycle

[bitcoinmasterlord]

Its a good time to short gold right now. Short time at least. Bitcoin still has a lot of potential.

yeah bitcoin is going to grow a lot in the near future, in my opinion the price is going to become huge, it would be really cool to be honest though anything might happen

Yes the price of bitcoin will be much higher in future so I think this is the best time to invest money in bitcoin as it has potential to give better profits in compare to gold.

All of us just hoping that bitcoin prices will go up in the future, but it will happen only if demand for bitcoin goes up. Gold has proven for many years. It will give good profits over the long time and it more suitable for less risk takers. I have invested in both of them but more in gold and less in bitcoins.

Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins

Regardless, the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.

For a good business, we should not think that supply should down instead need to find ways to increase demand then the growth of bitcoins will be very strong. If more and more businesses start accepting bitcoins automatically, bitcoin market will grow instead bringing down the supply of bitcoins. I kept only a few coins for long-term growth and sold most of my coins as and when I make some profit from my coins.

[deisik]

Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins

Regardless, the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.

For a good business, we should not think that supply should down instead need to find ways to increase demand then the growth of bitcoins will be very strong. If more and more businesses start accepting bitcoins automatically, bitcoin market will grow instead bringing down the supply of bitcoins. I kept only a few coins for long-term growth and sold most of my coins as and when I make some profit from my coins.

Ultimately, for businesses to fully embrace bitcoins they should pay their bills as well as wages in bitcoins too. Paying the bills (including taxes) depends on other businesses and the state, and it is not under control of the business that wants to use Bitcoin, therefore it is essentially out of the question...

But how many people are ready to accept their wages and salaries in bitcoins?

[Ewinsane]

i think bitcoin is good so i will pick bitcoin.

[goldcoinminer]

Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins

Regardless, the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.

For a good business, we should not think that supply should down instead need to find ways to increase demand then the growth of bitcoins will be very strong. If more and more businesses start accepting bitcoins automatically, bitcoin market will grow instead bringing down the supply of bitcoins. I kept only a few coins for long-term growth and sold most of my coins as and when I make some profit from my coins.

Ultimately, for businesses to fully embrace bitcoins they should pay their bills as well as wages in bitcoins too. Paying the bills (including taxes) depends on other businesses and the state, and it is not under control of the business that wants to use Bitcoin, therefore it is essentially out of the question...

But how many people are ready to accept their wages and salaries in bitcoins?

That's the problem there because the price of bitcoin is so volatile and for small employees who are earning a little amount they could lose the value of their in an instance when there is a timing of bitcoin dump.

[deisik]

Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins

Regardless, the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.

For a good business, we should not think that supply should down instead need to find ways to increase demand then the growth of bitcoins will be very strong. If more and more businesses start accepting bitcoins automatically, bitcoin market will grow instead bringing down the supply of bitcoins. I kept only a few coins for long-term growth and sold most of my coins as and when I make some profit from my coins.

Ultimately, for businesses to fully embrace bitcoins they should pay their bills as well as wages in bitcoins too. Paying the bills (including taxes) depends on other businesses and the state, and it is not under control of the business that wants to use Bitcoin, therefore it is essentially out of the question...

But how many people are ready to accept their wages and salaries in bitcoins?

That's the problem there because the price of bitcoin is so volatile and for small employees who are earning a little amount they could lose the value of their in an instance when there is a timing of bitcoin dump.

That's certainly correct and still more so for small businesses like bakeries, wineries and the likes of these. But even with a high-profile companies like well-known exchanges (say, Bitstamp) that have offices and regular staff that companies usually hire for keeping the office in order, the problem is still there. For example, what would, say, a plumber do with his bitcoins?

Obviously, he would be forced to exchange them into fiat and most likely with a bit (or a lot) of pain in the ass

[goldcoinminer]

Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins

Regardless, the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.

For a good business, we should not think that supply should down instead need to find ways to increase demand then the growth of bitcoins will be very strong. If more and more businesses start accepting bitcoins automatically, bitcoin market will grow instead bringing down the supply of bitcoins. I kept only a few coins for long-term growth and sold most of my coins as and when I make some profit from my coins.

Ultimately, for businesses to fully embrace bitcoins they should pay their bills as well as wages in bitcoins too. Paying the bills (including taxes) depends on other businesses and the state, and it is not under control of the business that wants to use Bitcoin, therefore it is essentially out of the question...

But how many people are ready to accept their wages and salaries in bitcoins?

That's the problem there because the price of bitcoin is so volatile and for small employees who are earning a little amount they could lose the value of their in an instance when there is a timing of bitcoin dump.

That's certainly correct and still more so for small businesses like bakeries, wineries and the likes of these. But even with a high-profile companies like well-known exchanges (say, Bitstamp) that have offices and regular staff that companies usually hire for keeping the office in order, the problem is still there. For example, what would, say, a plumber do with his bitcoins?

Obviously, he would be forced to exchange them into fiat and most likely with a bit (or a lot) of pain in the ass

Maybe in the future where the price will become stable then we can see that it will be accepted also as a salary for all line of business, but for now it is hard to force this thing as this is just a game for the investors and traders this time. And I have to admit I belonged to the aforementioned.

[Doamader]

Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins

Regardless, the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.

For a good business, we should not think that supply should down instead need to find ways to increase demand then the growth of bitcoins will be very strong. If more and more businesses start accepting bitcoins automatically, bitcoin market will grow instead bringing down the supply of bitcoins. I kept only a few coins for long-term growth and sold most of my coins as and when I make some profit from my coins.

Ultimately, for businesses to fully embrace bitcoins they should pay their bills as well as wages in bitcoins too. Paying the bills (including taxes) depends on other businesses and the state, and it is not under control of the business that wants to use Bitcoin, therefore it is essentially out of the question...

But how many people are ready to accept their wages and salaries in bitcoins?

That's the problem there because the price of bitcoin is so volatile and for small employees who are earning a little amount they could lose the value of their in an instance when there is a timing of bitcoin dump.

That's certainly correct and still more so for small businesses like bakeries, wineries and the likes of these. But even with a high-profile companies like well-known exchanges (say, Bitstamp) that have offices and regular staff that companies usually hire for keeping the office in order, the problem is still there. For example, what would, say, a plumber do with his bitcoins?

Obviously, he would be forced to exchange them into fiat and most likely with a bit (or a lot) of pain in the ass

Maybe in the future where the price will become stable then we can see that it will be accepted also as a salary for all line of business, but for now it is hard to force this thing as this is just a game for the investors and traders this time. And I have to admit I belonged to the aforementioned.

As you said bitcoin need stability to anyone wille to accept bitcoin as payment, as the risks nowadays are bigger then the real potencial profit. The gold has been limited even it crashing new value over the next years it hasnt such system to make it be worth more, besides people run from problems buying gold.

[Text]

The value of bitcoin should be fixed in order to make happen our wants. But we know that already in the beginning many investors take risk putting their money to make profit from it so maybe they are against to make the price stable including the traders. So for now,I don't see BTC taking over the gold if it will, it will takes long time...

[gandame]

As of now i will pick bitcoin because bitcoin is easy to get money and no need to invest big money to get profit. Bitcoin can give us free money by doing here in forum to post for sig campaign. But in gold you need money to invest in their you wait for a long term until the gold price increase before you see your profit. In bitcoin short and long term you get profit on it.

[mirakal]

Or supply goes down. For example, a few more exchanges like Bitfinex or Cryptsy are hacked or plain old scam with the coins burned or just stashed away for long. Also, don't forget about the long-term supply-side effects of the recent halving which we may only begin to feel...

In any case, we should watch closely both the supply of and demand for bitcoins

Regardless, the only outcome on this is the price will rise in the future, too much things to consider if you hold more bitcoins and you wait to sell them anytime the price will increase, but to be simple, we need to believe that the future will bring the supply lower which will make the price rise accordingly.

For a good business, we should not think that supply should down instead need to find ways to increase demand then the growth of bitcoins will be very strong. If more and more businesses start accepting bitcoins automatically, bitcoin market will grow instead bringing down the supply of bitcoins. I kept only a few coins for long-term growth and sold most of my coins as and when I make some profit from my coins.

Ultimately, for businesses to fully embrace bitcoins they should pay their bills as well as wages in bitcoins too. Paying the bills (including taxes) depends on other businesses and the state, and it is not under control of the business that wants to use Bitcoin, therefore it is essentially out of the question...

But how many people are ready to accept their wages and salaries in bitcoins?

That's the problem there because the price of bitcoin is so volatile and for small employees who are earning a little amount they could lose the value of their in an instance when there is a timing of bitcoin dump.

That's certainly correct and still more so for small businesses like bakeries, wineries and the likes of these. But even with a high-profile companies like well-known exchanges (say, Bitstamp) that have offices and regular staff that companies usually hire for keeping the office in order, the problem is still there. For example, what would, say, a plumber do with his bitcoins?

Obviously, he would be forced to exchange them into fiat and most likely with a bit (or a lot) of pain in the ass

Maybe in the future where the price will become stable then we can see that it will be accepted also as a salary for all line of business, but for now it is hard to force this thing as this is just a game for the investors and traders this time. And I have to admit I belonged to the aforementioned.

As you said bitcoin need stability to anyone wille to accept bitcoin as payment, as the risks nowadays are bigger then the real potencial profit. The gold has been limited even it crashing new value over the next years it hasnt such system to make it be worth more, besides people run from problems buying gold.

No man, I agree that the risk is bigger but the potential profit is more bigger that is how you calculate the risk vs reward. The only risk is when bitcoin will not succeed in the future and your coins will become worthless but if it succeed the price will definitely rise and you will earn big profits from it.

[deisik]

No man, I agree that the risk is bigger but the potential profit is more bigger that is how you calculate the risk vs reward. The only risk is when bitcoin will not succeed in the future and your coins will become worthless but if it succeed the price will definitely rise and you will earn big profits from it.

Your logic is like that of someone who is weighing his chances to meet a Tyrannosaurus rex in the streets on his road to work in the morning. According to his logic, he will either meet the beast or not...

So the chances are fifty-fifty