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Author Topic: Bitcoin or Gold? What would you pick?  (Read 298942 times)
randchingo
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January 21, 2016, 08:27:01 AM
 #1461

Both are good investments IMO but gold is better for long term low profit low risk investment type, and BTC is the opposite in being high risk, high profit and relatively short term investment.

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diodio5
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January 21, 2016, 11:20:49 AM
 #1462

Both are good investments IMO but gold is better for long term low profit low risk investment type, and BTC is the opposite in being high risk, high profit and relatively short term investment.
it looks like the movement of the gold market very slow, certainly people who want to get a quick profit will not invest in gold,
just like me, I prefer bitcoin
FrannWilder
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January 21, 2016, 11:42:39 AM
 #1463

I would pick bitcoin over gold. Since I only have assets in bitcoin and not gold
I might consider investing into gold as well since it's always good to have some different investments and assets as well.
nerFohanzo
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January 21, 2016, 12:38:36 PM
 #1464

Both are good investments IMO but gold is better for long term low profit low risk investment type, and BTC is the opposite in being high risk, high profit and relatively short term investment.
it looks like the movement of the gold market very slow, certainly people who want to get a quick profit will not invest in gold,
just like me, I prefer bitcoin

Bitcoin is always good for short term profits, but if you want to earn safe return on investments then gold is the right choice, as gold is traditional it can never disappear from the market, where as bitcoin is a new technology for many people and we are not sure about the future of bitcoins, so investing in bitcoin for  a long term can be proved to be an risky business.
Zaun
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January 21, 2016, 12:58:37 PM
 #1465

I go for bitcoin and gold.
Bitcoin for purchases.
Gold for savings/investment

There is no need to choose, so why should i right?
Zaragota95
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January 21, 2016, 04:03:45 PM
 #1466

Gold is not stable now compared to it's previous prices and has fallen massively "compared to how it used to move before", BTC is a good investment but not one where you would put all your savings, Stocks are too risky and banks are not trustworthy...
markj113
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January 21, 2016, 04:14:01 PM
 #1467

Gold is not stable now compared to it's previous prices and has fallen massively "compared to how it used to move before", BTC is a good investment but not one where you would put all your savings, Stocks are too risky and banks are not trustworthy...

I think you'll find bitcoin has fallen a greater % than gold from its all time high.

Gold price is also currently on the up.
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January 21, 2016, 04:49:14 PM
 #1468

Bitcoin has no physical utility. Gold has historically been used as a currency because it is a useful element, is very difficult to counterfeit, and is easy to divide and use in exchange. Bitcoin is also difficult to counterfeit, can be used in exchange, and has a limited quantity. It is the limited quantity that makes it valuable. As people continue to use and accept bitcoin as a form of payment, the demand for it increases, but the supply stays the same. This scarce demand is what has caused the price to go so high. Of course if people lose confidence in it, or it becomes to difficult to use, people will sell and the currency will crash.

Bitcoin is no different than a lot of "fiat" currencies. Even the US dollar is just a piece of paper (if not just a number in a computer system). The only difference is that every American is forced by law to pay taxes using the stuff, and that's what keeps the demand high. As long as there remains a demand for bitcoin it will have value, but I'm personally pretty skeptical about it.

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CrimBit
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January 22, 2016, 02:52:43 PM
 #1469

I go for bitcoin and gold.
Bitcoin for purchases.
Gold for savings/investment

There is no need to choose, so why should i right?

ARE YOU SEE GOLD CHART IN LAST 5YEAR ? Roll Eyes
gold is very bad for investmen

better to save/invest at bitcoin then use fiat for daily cost, also save some of your fiat for future (if itcoin price down again you can buy bitcoin with your fiat)
































ps_jb
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January 22, 2016, 04:26:39 PM
 #1470

I go for bitcoin and gold.
Bitcoin for purchases.
Gold for savings/investment

There is no need to choose, so why should i right?

ARE YOU SEE GOLD CHART IN LAST 5YEAR ? Roll Eyes

I hope you are not going to die in 5 years Smiley

Now oil price/gasoline price is super cheap, which means mines and miners can spend less during gold mining/extraction. So claims which were not profitable two years ago nowaday are profitable.

How long oil price will stay on this level, how many of virgin grounds are in Canada, US and Australia left? Who knows.

Also dont forget - gold is strategic material for electronics too, not only for jewelry and investment tool. There is a constant demand on gold from industry (electronics, fine chemicals production, catalysis etc)

So I expect in 3-5 years huge jump in gold price
umaOuma
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January 23, 2016, 12:40:37 PM
 #1471

I go for bitcoin and gold.
Bitcoin for purchases.
Gold for savings/investment

There is no need to choose, so why should i right?

ARE YOU SEE GOLD CHART IN LAST 5YEAR ? Roll Eyes
gold is very bad for investmen

better to save/invest at bitcoin then use fiat for daily cost, also save some of your fiat for future (if itcoin price down again you can buy bitcoin with your fiat)

Investing in bitcoin at a moment is the best thing to do, as I don't have that faith in gold which I have in bitcoin, as I can't wait for years to earn return on investments, getting good profits from gold involves a long span of time, but bitcoin can earn you great profits in a short term, so I would go with bitcoins.
































MedaR
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January 24, 2016, 03:29:45 PM
 #1472

1.Gold  
2.Silver
3.Bitcoin
*And if you ask me why gold? You can hold it in your hand and thousands of years is something most precious for millions of people! Gold can stay in water and in ground forever without losing its properties!

*Silver is used by industry and right now have a small price! I'm awaiting 7x price increase, industry demands are large!
*Bitcoin ...

You can rent this space
MaritiJames3
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January 24, 2016, 04:12:08 PM
 #1473

1.Gold 
2.Silver
3.Bitcoin
*And if you ask me why gold? You can hold it in your hand and thousands of years is something most precious for millions of people! Gold can stay in water and in ground forever without losing its properties!

*Silver is used by industry and right now have a small price! I'm awaiting 7x price increase, industry demands are large!
*Bitcoin ...

Gold is my no 1 too, but bitcoin is a close second. It's funny both can be mined, not like fiat f.e.
I hope bitcoin will be the no 1 in the future though.
JosNekoKopa
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January 24, 2016, 04:47:55 PM
 #1474

I just can't imagine how much blood was spilled for gold..
I don't want this to happen bitcoin!
arbitrage
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January 25, 2016, 09:39:59 AM
 #1475



Who knows what will happen when bubble explode?!
Can easily be returned gold standard, but till then no one will have gold in their hands..
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January 25, 2016, 10:21:45 AM
 #1476

I would take Bitcoins instead, Its easy and fast to sell, It has a big future and Bitcoins will get upwards in the future.
tolikkk
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January 25, 2016, 11:14:57 AM
Last edit: January 25, 2016, 11:26:14 AM by tolikkk
 #1477

I think the Foundation stones of market relations, which were laid out and the gold that grew, I think, but in consequence of difinitive or the acquisition of such values, though, and that as a tool in what areas and in what form the remaining values only conditional rhetoric as the rationale and some method of grounding, but popular values are trends in growth rates and in demand and this is the beginning of the super industry as IT industry, which, although can in a closed circuit and where will be all necessary for the sustenance and that has a new success on higher investment gains and a more successful and although there are higher risks, as gold, which gives confidence, but also good investment though with lower return, but with more confidence in the storage of valuables, having an inexhaustible source of the assessment and the quality of the pictures, but still has constant and steady growth, although

of course, now I think shaping people's lives and yet time is moving forward and that the gold was and played its role as reliability in crisis situations, and that having gained such a mad humanity can appreciate more abstract things more efficiently and there are things that can too in a crisis situation not to lose the ground from under the feet, so as the modern man in mind to keep all the options but calculate by way of the following, taking bitcoin, but which has a stable steadily increasing the level and stability of prices like gold, though
Drekavac
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January 25, 2016, 12:39:45 PM
 #1478

Gold is best and safest investment for a long terms!
Bitcoin is good but it is still young for giving long term prediction..
Ruzka
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January 25, 2016, 12:53:35 PM
 #1479

I would take Bitcoins instead, Its easy and fast to sell, It has a big future and Bitcoins will get upwards in the future.

You would be right to choose bitcoin. I would choose bitcoin as well. So easy to sell and buy gold and precious metals with so there would be no loss I would buy them with my bitcoin if ever the time came. We can only hope bitcoin will be on the up in future with our decision but I trust it will. Gold is already about to go up.   

praprata
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January 25, 2016, 04:08:05 PM
 #1480

I would pick bitcoins its the future of the currency's.
It will be more and more popular all over the world longterm.


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