bryant.coleman
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Merit: 1217
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December 30, 2015, 02:05:29 PM |
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The market caps tell a different story. All the people with real money, central banks and countries still back gold. For the past 10,000 years or so, gold has remained as the No.1 form of money in the world. No fiat currency has been able to overtake gold till now, and none of the other bullion metals (such as silver and platinum) can even come close to gold as far as the market cap is concerned. One thing I can say with 100% confidence. Gold will be one of the major forms of money after 100 years from now. Can't say the same about Bitcoin.
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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ingiltere
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Activity: 2982
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Rollbit.com Crypto Futures
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December 30, 2015, 02:52:48 PM |
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If this was Goldtalk.com people have different approaches but this is Bitcointalk and it's obvious the majority choose Bitcoin over gold. Here majority believe this technology and support it. Ask this question in a random stock market forum, you'll see the differences.
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HarryKPeters
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December 30, 2015, 03:22:05 PM |
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If this was Goldtalk.com people have different approaches but this is Bitcointalk and it's obvious the majority choose Bitcoin over gold. Here majority believe this technology and support it. Ask this question in a random stock market forum, you'll see the differences.
There are good reasons to choose for bitcoin. Not only the speed, but most of all the special features bitcoin has. I am aware that Gold has them too, but to a younger generation bitcoin is just more appealing.
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European Central Bank
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Activity: 1288
Merit: 1087
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December 30, 2015, 03:33:44 PM |
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Bitcoins all day long. It's a way, way, way bigger risk than gold but the potential is there. I can't get excited over gold. It's too sluggish for me.
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turkandjaydee
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December 31, 2015, 03:38:55 AM |
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I would walk away with bitcoin. then 5 min later sell them all be rich!
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BitcoinMarketStore
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Activity: 70
Merit: 10
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December 31, 2015, 12:03:14 PM |
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GOLD could fall again, and return under 1000$ and 700$ too! BTC could rise a lot, but at moment 500$ seems an hard resistance to break, and it could means that a return under 300 $ could be really probably.
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deisik
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Merit: 1280
English ⬄ Russian Translation Services
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December 31, 2015, 12:08:01 PM Last edit: December 31, 2015, 06:57:49 PM by deisik |
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Bitcoins all day long. It's a way, way, way bigger risk than gold but the potential is there. I can't get excited over gold. It's too sluggish for me.
If you are in for excitement, try trading gold on margin. With gold, you can be at least 100% sure that under no circumstances it will turn into a worthless sequence of numbers (and letters), figuratively speaking, lol... Indeed, the yellow brick road from the shithouse to the penthouse is longer, but going back is longer too
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umaOuma
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December 31, 2015, 02:06:17 PM |
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If this was Goldtalk.com people have different approaches but this is Bitcointalk and it's obvious the majority choose Bitcoin over gold. Here majority believe this technology and support it. Ask this question in a random stock market forum, you'll see the differences.
There are good reasons to choose for bitcoin. Not only the speed, but most of all the special features bitcoin has. I am aware that Gold has them too, but to a younger generation bitcoin is just more appealing. At a moment, investing in bitcoin is good, but if look at the history then gold is more powerful and has a great future too, as gold is in existence since long time it has more users as compared to bitcoins so for short term btc is good but for long term gold will win the race.
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betohell
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December 31, 2015, 04:37:25 PM |
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I would have to choose gold... For now anyway.
For now most people would choose gold.. many reasons for answer such as gold more trustworthy and more accepted by the community.. it is different with the bitcoin
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cointtoo
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Activity: 70
Merit: 10
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December 31, 2015, 04:42:35 PM |
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BTC for short term high risk investment and gold for long term low risk low profit potential.
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BigBoy89
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December 31, 2015, 04:42:54 PM |
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I would have to choose gold... For now anyway.
For now most people would choose gold.. many reasons for answer such as gold more trustworthy and more accepted by the community.. it is different with the bitcoin Yes but the people who are looking for more profit in short span of time and risk taker will go for Bitcoin over gold because bitcoin will give much more profit in lesser time than gold but risk is involved and by the way now I don't think Bitcoin will go below $400 so even I will go for Bitcoin.
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Amph
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Activity: 3206
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December 31, 2015, 06:07:22 PM |
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BTC for short term high risk investment and gold for long term low risk low profit potential.
funny , because bitcoin was designed for long term investment, and not for short term, also i want to know how people define risk because bitcoin to me does not look risky at all not more than any other asset, the swing that people see on the market are normal market activity, they are big because manipulation it's easy with that joke of a market cap this is no way reflective of a risky market
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ivanst776
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Activity: 1540
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December 31, 2015, 06:10:35 PM |
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BTC for short term high risk investment and gold for long term low risk low profit potential.
BTC can be considered for short and long term investment too, it depends how you consider it. Investing in bitcoin has a higher risk when we compare investing in gold but the profit can be much higher than gold.
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Bitcoin_Delivery
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December 31, 2015, 06:15:43 PM |
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Bitcoin! Available everywhere, invisible, don't need space to carry with you or accumulate, if you are smart nobody can steal it to you
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darkangel11
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Defend Bitcoin and its PoW: bitcoincleanup.com
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December 31, 2015, 06:50:12 PM |
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Bitcoin! Available everywhere, invisible, don't need space to carry with you or accumulate, if you are smart nobody can steal it to you Available everywhere? How? You still need to register on exchange to get it, which means: electricity + internet + a device like a smartphone or a pc. I don't think all these are available everywhere.
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HarizDB
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December 31, 2015, 07:17:35 PM |
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I do find the whole Bitcoin 'universe' very interesting as an asset with a lot of potentials. But looking at a historical perspective, I would rather choose gold as a long term investment, but who knows, maybe in a near future, Bitcoin would be a 'better' asset for investment?
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STT
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Leading Crypto Sports Betting & Casino Platform
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December 31, 2015, 09:46:34 PM |
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BTC for short term high risk investment and gold for long term low risk low profit potential.
BTC can be considered for short and long term investment too, it depends how you consider it. Investing in bitcoin has a higher risk when we compare investing in gold but the profit can be much higher than gold. Iam probably disagreeing with everyone here but both gold and bitcoin are currencies and so not really investments by themselves. If you start a business which deals in bitcoin, that this is investment and also you are linked to the fortunes of bitcoin success as no doubt the business increases as customers who use bitcoin increase in number. Just by itself holding plain dollar notes isnt a qualified investment in anything and I dont think that applies to other currencies either. It may be linked to the assets of a country or the primary operations in a country but dollars are probably even below a commodity as it can be duplicated. Gold is a commodity of course and we say bitcoin is capped in its total number so arguably its a commodity but not an investment
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artows21
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January 01, 2016, 01:51:54 PM |
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i am still choose gold, for investment or other..
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betohell
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January 01, 2016, 03:02:17 PM |
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I would have to choose gold... For now anyway.
For now most people would choose gold.. many reasons for answer such as gold more trustworthy and more accepted by the community.. it is different with the bitcoin Yes but the people who are looking for more profit in short span of time and risk taker will go for Bitcoin over gold because bitcoin will give much more profit in lesser time than gold but risk is involved and by the way now I don't think Bitcoin will go below $400 so even I will go for Bitcoin. Do not forget that most people would choose a more secure and stable the price of gold is more stable compared with bitcoin.. I think many people will also invest in gold
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shido
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January 01, 2016, 03:52:12 PM |
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diversification is the way to go. It shouldn't be Bitcoin or Gold, much better to go Bitcoin and Gold. In the event of a global fiat collapse everyone will recognize gold/silver as a value holder. They are hard to store though and a lot less liquid then Bitcoin like currency.
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