OgNasty
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Leading Crypto Sports Betting & Casino Platform
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October 26, 2015, 08:58:33 PM |
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Bitcoin is an easier pick, its easy to store and you can buy products with bitcoins, gold is expensive to store and you will need to change to coins before to buy anything.
Gold doesn't deteriorate so you could bury it. that's not expensive to store  Also, walk into a pawn shop with a full Bitcoin wallet and a piece of gold. See which one is able to get you a bottle of water. |
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uki
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cryptojunk bag holder
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October 29, 2015, 09:10:32 PM |
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It depends on your time perspective and how much risk you are able to swallow.
Gold is good to insure your savings in the event of the world's turmoil, but in the 'normal' years bitcoin seems to be much more profitable.
At least for now. However, there is no guarantee bitcoin would preserve its value over longer period of time, say 20 years for now, because by that time it may be as well substituted by a better coin.
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traderbit
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October 29, 2015, 09:12:40 PM |
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I always thought that investing in gold is more profitable.
But i have understood from the last weeks that bitcoin is better.
Because the price has been increased too much and profit is good if you have large amount of bitcoins.
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uki
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cryptojunk bag holder
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October 29, 2015, 09:41:47 PM |
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I always thought that investing in gold is more profitable.
But i have understood from the last weeks that bitcoin is better.
Because the price has been increased too much and profit is good if you have large amount of bitcoins.
Why have you thought that investing in gold is more profitable? As an insurance of your savings, yes. If you mean investing in the regular gold, just have a look at the chart of the last 30 years. Profitable? well, for a very short period of time. Most of the time, it was definitely not 'the investment', if compared to shares or other assets. If you are talking about the leveraged products and paper gold, then yes, in the last four years it was very profitable to be, but on the short side. Bitcoin is much more volatile, and that is what attracts new people, who want to get burned. Be careful! |
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bitmarket.net
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October 29, 2015, 11:20:54 PM |
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I always thought that investing in gold is more profitable.
But i have understood from the last weeks that bitcoin is better.
Because the price has been increased too much and profit is good if you have large amount of bitcoins.
Why have you thought that investing in gold is more profitable? As an insurance of your savings, yes. If you mean investing in the regular gold, just have a look at the chart of the last 30 years. Profitable? well, for a very short period of time. Most of the time, it was definitely not 'the investment', if compared to shares or other assets. If you are talking about the leveraged products and paper gold, then yes, in the last four years it was very profitable to be, but on the short side. Bitcoin is much more volatile, and that is what attracts new people, who want to get burned. Be careful! i don't think most of people who invest in gold expect it to appreciate much - more likely they are buying it because they hope it will not decline as much as other assets - gold is a hedge against other assets's prices falling down. Of course it is great for everybody holding bitcons if its price goes up by 10% within a week, like it did this week, but I don't think it can be the main reason to get into bitcoin. |
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jod_doj
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October 29, 2015, 11:39:47 PM |
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i would choose bitcoins over gold i think
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traderbit
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October 29, 2015, 11:41:12 PM |
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I always thought that investing in gold is more profitable.
But i have understood from the last weeks that bitcoin is better.
Because the price has been increased too much and profit is good if you have large amount of bitcoins.
Why have you thought that investing in gold is more profitable? As an insurance of your savings, yes. If you mean investing in the regular gold, just have a look at the chart of the last 30 years. Profitable? well, for a very short period of time. Most of the time, it was definitely not 'the investment', if compared to shares or other assets. If you are talking about the leveraged products and paper gold, then yes, in the last four years it was very profitable to be, but on the short side. Bitcoin is much more volatile, and that is what attracts new people, who want to get burned. Be careful! When i mean investing in gold i mean also to design rings. Especially wedding rings which cost a lot and people probably don't check the price at that moment. Gold is old and can't disappear too fast, but bitcoin can faster than we can expect, but investing in bitcoin seems more profitable. |
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poorshibe9
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October 30, 2015, 12:02:32 AM |
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bitcoins of course because of the possible price increase
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Raimonn
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October 30, 2015, 01:30:05 AM |
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Gold will not disappear as secure investing. The real value of gold, is that people like it more than fiat money. But i think that now the increasing value of Bitcoin is better as investment.
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MinerHQ
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Merit: 1023
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October 30, 2015, 02:17:48 AM |
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bitcoins of course because of the possible price increase
Yes if one ready to take risks then Bitcoin is very good investment option. |
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Coinminer11
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Never risk more than what you're willing to lose
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October 30, 2015, 02:30:32 AM |
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Bitcoin is an easier pick, its easy to store and you can buy products with bitcoins, gold is expensive to store and you will need to change to coins before to buy anything.
Gold doesn't deteriorate so you could bury it. that's not expensive to store Also, walk into a pawn shop with a full Bitcoin wallet and a piece of gold. See which one is able to get you a bottle of water. so very true! Damn thats not a bad idea! A bitcoin pawn shop! Im going to try that out. Seriously speaking! Ultimately though it's up to each person to decide where and how they want to store their value. Each has it's own niche. SHTF Gold... Day to day btc. IMHO |
If you are reading this, you have too much time on your hands hahaha! If you're still reading this consider sending me some btc to my wallet on my profile. Pennies make dollars and dollars make my life more interesting. Seriously though stop reading this! LOL
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StevenLiang
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October 30, 2015, 06:38:13 AM |
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BTC is better then gold would love to invest in it as it is the best investment product and don't go with the present prices just think of the future and it will definitely give best return on investments.
But i cannot say, for now bitcoin price is really fluctuative.
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bitmarket.net
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October 30, 2015, 08:24:26 AM |
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I think that it is a false choice to think of bitcoin vs. gold as either one or the other.
each has its benefits and drawbacks and although there are some similarities, there are also important differences.
I believe that bitcoin and gold will continue alongside as the asset class for investments for the long time to come, although i expect to see some shift from gold towards bitcon over time.
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uki
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cryptojunk bag holder
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October 30, 2015, 09:07:22 AM
Last edit: October 30, 2015, 11:23:51 AM by uki |
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I always thought that investing in gold is more profitable.
But i have understood from the last weeks that bitcoin is better.
Because the price has been increased too much and profit is good if you have large amount of bitcoins.
Why have you thought that investing in gold is more profitable? As an insurance of your savings, yes. If you mean investing in the regular gold, just have a look at the chart of the last 30 years. Profitable? well, for a very short period of time. Most of the time, it was definitely not 'the investment', if compared to shares or other assets. If you are talking about the leveraged products and paper gold, then yes, in the last four years it was very profitable to be, but on the short side. Bitcoin is much more volatile, and that is what attracts new people, who want to get burned. Be careful! When i mean investing in gold i mean also to design rings. Especially wedding rings which cost a lot and people probably don't check the price at that moment. Gold is old and can't disappear too fast, but bitcoin can faster than we can expect, but investing in bitcoin seems more profitable. But then you need to have certain non-trader skills in order to design a ring. Of course, wedding ring dealers have high premiums on their products that goes well over the cost of acquiring the material and producing the ring. Btw., premium is also to be paid to the coin dealers if you want to invest in gold/silver. The premium in Europe is recently so high over the spot price, that such kind of investment is not very profitable, unless your hedging against global collapse of fiat system and/or have the very-long term perspective. |
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Krakersik
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October 30, 2015, 09:30:51 AM |
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Of course the BTC, it has a future
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StevenLiang
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October 30, 2015, 12:08:32 PM |
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GOLD, because gold is forever.
What if something happens in the future that wipes out the entire btc currency system?? No one know about it.
People who hope BTC for forever will regret when they see a lot altcoin born rapidly. (it's like machine gun bullet, digitally)
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frank26
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October 30, 2015, 05:05:17 PM |
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I will pick Bitcoin because it price consistently increases.
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uki
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Activity: 1358
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cryptojunk bag holder
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October 30, 2015, 06:33:08 PM |
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I will pick Bitcoin because it price consistently increases.
well, especially if you look at the price of Bitcoin since the end of 2013. Come on! Bitcoin has had its ups and downs but it also carries a lot of underlying risk due to the price volatility. There is no long-term guarantee either, as in case of gold, that tomorrow, in one year or in ten years there will be some better technology that will wipe out Bitcoin completely. Gold has survived thousands of years as money and thus in the long-term sense is much secure. |
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wearepoor
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October 30, 2015, 08:12:54 PM |
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GOLD, because gold is forever.
What if something happens in the future that wipes out the entire btc currency system?? No one know about it.
People who hope BTC for forever will regret when they see a lot altcoin born rapidly. (it's like machine gun bullet, digitally)
Yes, many people are thinking that gold is always better than bitcoins. Gold has its own importance and trust among the people from the ages, it is also very popular. On other hand bitcoin is still struggling in many countries for the regulating and to recognize by the the government. It will take more time to earn that trust and became a popular among the people. |
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Pierre 2
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October 31, 2015, 12:51:50 PM |
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I still believe gold might be better option than bitcoin. Gold's price is so accepted and important. I mean money (btc or fiat) does not contain value as itself.
But gold does have value. Money is just paper but gold is not.
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