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Author Topic: Bitcoin or Gold? What would you pick?  (Read 299014 times)
olyaru
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October 02, 2016, 09:25:56 AM
 #3221

Are people going to turn to bitcoin when everything around them falls to shit?
I think they go for the historical and gold drives up faster than you can say "grandma that hurt's"!
Gold translates better on a day to day as opposed to telling some one they just need to wait on downloading that blockchain and then giving them bitcoin in exchange.



Gold is indeed still the safe haven place where people like to store their money in times of crisis and other bad economical situations, but Bitcoin is perfectly capable of doing exactly the same. Both (where I personally prefer Bitcoin) are fantastic store of value tools, I just hope people will realize this too, and not only look at Gold.

Gold is more secure in compared to bitcoin because its more stable in terms of value because the price of gold stays stable for a longer time than bitcoin, while bitcoin is better in terms of profits as the price of it keeps growing with the time which can generate profits to the investors in a shorter time than gold.
Gold was money in the distant past, and probably will be money in the distant future.
Although today there is a global decline in the value of gold, to invest their capital into the noble metal - one of the most profitable methods of diversification of funds for individuals and large companies. As the saying goes, that at all times people were dying for the metal.
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October 02, 2016, 09:28:49 AM
 #3222

Are people going to turn to bitcoin when everything around them falls to shit?
I think they go for the historical and gold drives up faster than you can say "grandma that hurt's"!
Gold translates better on a day to day as opposed to telling some one they just need to wait on downloading that blockchain and then giving them bitcoin in exchange.



Gold is indeed still the safe haven place where people like to store their money in times of crisis and other bad economical situations, but Bitcoin is perfectly capable of doing exactly the same. Both (where I personally prefer Bitcoin) are fantastic store of value tools, I just hope people will realize this too, and not only look at Gold.

Gold is more secure in compared to bitcoin because its more stable in terms of value because the price of gold stays stable for a longer time than bitcoin, while bitcoin is better in terms of profits as the price of it keeps growing with the time which can generate profits to the investors in a shorter time than gold.
Gold was money in the distant past, and probably will be money in the distant future.
Although today there is a global decline in the value of gold, to invest their capital into the noble metal - one of the most profitable methods of diversification of funds for individuals and large companies. As the saying goes, that at all times people were dying for the metal.

Indeed to now metal or more gold to provide assistance to those who are in need of a thing that can keep their money from currency decline symptoms or something that can cause their money has a very low value. But I think the bitcoin can substitute for gold, but given time bitcoin is uncertain so bitcoin can only be worn by those who have the patience of a very large
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October 02, 2016, 01:44:23 PM
 #3223

I would take the bitcoin because it has a good future and you can do multiple things with it too.
As a example you can do more terms with it, you can invest it as a long term but also as a short term too.
So true bitcoin has many features and it will take more years and many surprising are happening but in gold its lock of demand where people don't know if they going to buy gold or bitcoin if i were them i will choose bitcoin it easy to sell and rebuy in another investors or exchange website
Osarman
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October 02, 2016, 08:28:09 PM
 #3224

I would take the bitcoin because it has a good future and you can do multiple things with it too.
As a example you can do more terms with it, you can invest it as a long term but also as a short term too.
you are right that bitcoin have really very good future  and  we can use bitcoin as long term investment or short term investment and i am sure if we hold our bitcoin so we can be get a big profit from bitcoin because bitcoin increasing its price too much faster day by day.
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October 03, 2016, 12:40:24 AM
 #3225

I would take the bitcoin because it has a good future and you can do multiple things with it too.
As a example you can do more terms with it, you can invest it as a long term but also as a short term too.
yeah bitcoins definitely have the best future possible and in my opinion it is going to grow huge




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MTBTT
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October 03, 2016, 01:45:36 AM
 #3226

I would take the bitcoin because it has a good future and you can do multiple things with it too.
As a example you can do more terms with it, you can invest it as a long term but also as a short term too.
yeah compared to gold which has only two functions alone are jewelery and investment. bitcoin has many uses than gold, so I prefer to use bitcoin
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October 03, 2016, 05:10:24 AM
 #3227

I would take the bitcoin because it has a good future and you can do multiple things with it too.
As a example you can do more terms with it, you can invest it as a long term but also as a short term too.
yeah compared to gold which has only two functions alone are jewelery and investment. bitcoin has many uses than gold, so I prefer to use bitcoin
Bitcoin is for the entire human race while gold is only for the rich people, if we will support bitcoin as our investment we are like saying that we are very positive that in the future bitcoin will be the mainstream currency and with that happening people will be benefited while we earn.
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October 03, 2016, 08:22:11 AM
 #3228

I would pick Bitcoin all day because that is what I am used to and what I know, I do know nothing about gold do it would not be smart to pick that.
I have experience with Bitcoin so that would be my number one choice.
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October 03, 2016, 08:44:21 AM
 #3229

I would pick Bitcoin all day because that is what I am used to and what I know, I do know nothing about gold do it would not be smart to pick that.
I have experience with Bitcoin so that would be my number one choice.
Smart pick dude, bitcoin will give us more opportunity to succeed compared to gold that we are not good in it, with bitcoin we are still in the early phase so we are the early adopters and if this will be big in the future we will also earn a big amount of money.

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shintosai
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October 03, 2016, 08:46:57 AM
 #3230

I would pick Bitcoin all day because that is what I am used to and what I know, I do know nothing about gold do it would not be smart to pick that.
I have experience with Bitcoin so that would be my number one choice.
Smart pick dude, bitcoin will give us more opportunity to succeed compared to gold that we are not good in it, with bitcoin we are still in the early phase so we are the early adopters and if this will be big in the future we will also earn a big amount of money.
right now we can say that gold already been dominated by a big country and they already can manipulate the price unlike bitcoin it is still new and theres a big potential to have if we can play smarter by now, the more we collect this coin and try to promote and adoption will happen the more we expect the value to make bigger in coming future.

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October 03, 2016, 09:11:46 AM
 #3231

I would pick Bitcoin all day because that is what I am used to and what I know, I do know nothing about gold do it would not be smart to pick that.
I have experience with Bitcoin so that would be my number one choice.
Smart pick dude, bitcoin will give us more opportunity to succeed compared to gold that we are not good in it, with bitcoin we are still in the early phase so we are the early adopters and if this will be big in the future we will also earn a big amount of money.
right now we can say that gold already been dominated by a big country and they already can manipulate the price unlike bitcoin it is still new and theres a big potential to have if we can play smarter by now, the more we collect this coin and try to promote and adoption will happen the more we expect the value to make bigger in coming future.
So you think bitcoin is not manipulated? I think when it comes to stability gold is a better investment that bitcoin, gold has been in existence for many centuries and already proven that it has value, bitcoin is just a digital currency which can loss its value when people would not trust it anymore.
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October 03, 2016, 09:53:32 AM
 #3232

I would pick Bitcoin all day because that is what I am used to and what I know, I do know nothing about gold do it would not be smart to pick that.
I have experience with Bitcoin so that would be my number one choice.
Smart pick dude, bitcoin will give us more opportunity to succeed compared to gold that we are not good in it, with bitcoin we are still in the early phase so we are the early adopters and if this will be big in the future we will also earn a big amount of money.
right now we can say that gold already been dominated by a big country and they already can manipulate the price unlike bitcoin it is still new and theres a big potential to have if we can play smarter by now, the more we collect this coin and try to promote and adoption will happen the more we expect the value to make bigger in coming future.
So you think bitcoin is not manipulated? I think when it comes to stability gold is a better investment that bitcoin, gold has been in existence for many centuries and already proven that it has value, bitcoin is just a digital currency which can loss its value when people would not trust it anymore.
Yeah and bitcoin is much risky investment in compare to gold, and gold holds maximum number of satisfied users and everyone is sure that gold will never disappear in future but nothing can be said about bitcoins.
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October 03, 2016, 10:21:49 AM
 #3233

I would pick Bitcoin all day because that is what I am used to and what I know, I do know nothing about gold do it would not be smart to pick that.
I have experience with Bitcoin so that would be my number one choice.
yeah my advice is to choose according to what you know and what you're good at in it, if you're more familiar with bitcoin than gold,
although bitcoin have a higher risk would be better for you choose bitcoin. because you're skilled in it
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October 03, 2016, 11:23:56 AM
 #3234

Me either I am going to choose bitcoin even though having gold is one of the things I want in my life. But I am accepting the fact that I am not able to get good timing and have enough fund for buying gold. That is why instead of gold, I will going to choose and focus more on bitcoin because the trend today with it is now growing.
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October 04, 2016, 04:06:14 PM
 #3235


I love gold but there is no doubt that holding gold has some problems.

1)Gold is expensive.

One of the main advantages of gold is that it is dense form of wealth.

If you want to carry hundreds of kilos of metal around buy lead or copper.

Maybe I should have specified that my comment was in the context of the thread which is basically Bitcoin vs. Gold, what you say is true but I could literally have all the bitcoins that are ever going to be mined in a trezor wallet in my pocket, so if gold is a dense form of wealth, bitcoin can be even more dense if need it be.
Gold can be stored forever, and not be afraid that this currency will be cheaper. Gold appreciated even in ancient times. A bitcoin can not show such indicators of stability.
Gold can be destroyed by some chemicals, so no, gold will not last forever, gold is a fantastic way to store your wealth but gold has become overvalued and undervalued through history so you are mistaken gold has become cheaper.
Referring to the history and practice. What is the best way to invest using national governments, multinational corporations, banks and the richest people of the world for several hundred years to preserve and increase their capital? Of course, the gold! There's your answer.
I know the history of gold the peaks and valleys on the price of gold add up to zero which means that gold is the perfect way to store value, however to say that if you buy gold you are going to obtain a profit 100% guaranteed is false if the timing is wrong you are going to lose money like with any other investment.
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October 04, 2016, 04:15:17 PM
 #3236

I would pick Bitcoin all day because that is what I am used to and what I know, I do know nothing about gold do it would not be smart to pick that.
I have experience with Bitcoin so that would be my number one choice.

I actually know quite a lot about gold but not as much as about bitcoin i know, but still as you said it wont be a good choice to select something that you have no good knowledge about, so if i pick gold i simply dont know what to do with them, but if i pick bitcoins i know what i need to do with them, which is trading most of it and saving a part of it for future as well.
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October 04, 2016, 04:22:06 PM
 #3237

Despite the fact that gold investments are considered to be the sphere of big business and the income structure of the financial market, yet for the common man have too many opportunities to invest in gold is money. Gold is much more stable than the bitcoin, it has already been proved.
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October 04, 2016, 04:32:49 PM
 #3238

I would pick Bitcoin all day because that is what I am used to and what I know, I do know nothing about gold do it would not be smart to pick that.
I have experience with Bitcoin so that would be my number one choice.
Smart pick dude, bitcoin will give us more opportunity to succeed compared to gold that we are not good in it, with bitcoin we are still in the early phase so we are the early adopters and if this will be big in the future we will also earn a big amount of money.
right now we can say that gold already been dominated by a big country and they already can manipulate the price unlike bitcoin it is still new and theres a big potential to have if we can play smarter by now, the more we collect this coin and try to promote and adoption will happen the more we expect the value to make bigger in coming future.
So you think bitcoin is not manipulated? I think when it comes to stability gold is a better investment that bitcoin, gold has been in existence for many centuries and already proven that it has value, bitcoin is just a digital currency which can loss its value when people would not trust it anymore. Embarrassed
Yeah and bitcoin is much risky investment in compare to gold, and gold holds maximum number of satisfied users and everyone is sure that gold will never disappear in future but nothing can be said about bitcoins.

Bitcoin is risky, but nothing can get you a profit which can be earned through bitcoin. As mentioned gold has got a trust among most of the population because of its long back existence as well a constant value which won't fall beyond certain limits. Bitcoin with its potential has grown high in a very short time but due to the misunderstanding about the decentralized nature people hesitate and stay away. Soon this scenario changes and can experience great growth of digital currency network than the present.

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October 04, 2016, 04:44:32 PM
 #3239

Despite the fact that gold investments are considered to be the sphere of big business and the income structure of the financial market, yet for the common man have too many opportunities to invest in gold is money. Gold is much more stable than the bitcoin, it has already been proved.
I think quite the opposite. If you invest in a good amount of bitcoin is a paradise all that is connected with cryptocurrency anonymously, then taxes will not pay with anything. This is a very powerful argument on the agenda if there is a question what is better, bitcoin or gold.
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October 04, 2016, 04:50:52 PM
 #3240

I choose bitcoints. Even despite the fact that the price of gold fell slightly. I believe in bitcoints and that its price will rise
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