Bitcoin or Gold? What would you pick?

[chaser15]

Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.

Look like I will disagree to this. Why there are still lots of gold investors today that really sits on bag on money if gold is not that profitable.

And it's really common for bitcoin users to choose bitcoin over gold since they actually don't have an idea what gold really is.

[deisik]

Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.

Look like I will disagree to this. Why there are still lots of gold investors today that really sits on bag on money if gold is not that profitable

If we talk about physical gold (and large quantities of it at that) storing gold may even incur losses (expenses), since you just can't save it under the mattress. Big investors (let's call them gold scorpions) buy gold as a hedge, a hedge against almost everything. World wars and revolutions, state collapse and hyperinflation, global famine and aliens invasion, you name it...

Gold is probably the last material thing that will lose value in such circumstances (along with ammo)

[markj113]

I made a killing on Gold post Brexit vote, enough to fully pay off my mortgage and still have a wad of cash left over.

Now deciding if I should part exchange my porsche 911 on an Audi R8, Aston Martin Vantage or Maserati Gran Turismo.


Who says you cant make any fast money on gold

[umaOuma]

This is indeed pretty good, but being realistic, BTC has way more chances of delivering huge results in the near future. I don't see gold exploding at the rate BTC can easily explode at in the next 3 years.

The problem on this forum is that most people think that bitcoins volatility equals a one way trip to the moon with bitcoins price.  The flip side to extreme volatility is there a chance it could also bomb and people need to remain conscious of that before investing all their wealth into it.

I still think we are very much in the early part of another bull cycle for gold with a lot of upside remaining, I am about to the pull the trigger on another 25 gold sovereigns.

That is true. The bitcoin price is too volatile. For example, the bitcoin price dropped about 25% in one day a few days ago.

Well being volatile of bitcoins price has advantage and disadvantage. But if you are going to think outside the box and you are into risk.
You are going to treat it very good opportunity with bitcoin, we all know know gold has its best and its price is just keep on rising.
Unlike bitcoin, up and down.

If you have a lot of money just invest in Gold but if you do not have more money to invest in gold just stay in bitcoin and collect as much as you can then if you have a lot of earnings in bitcoin then you can invest in Gold in the future.

Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.

you can tell that to those who believe in bitcoin but not with the people who don't believe in the existence of bitcoin for they bitcoin is a game that can give a huge losses.

We will find both type of investors, and they will invest in only that they can trust in long run and they will choose according to their convenience.

[deisik]

I made a killing on Gold post Brexit vote, enough to fully pay off my mortgage and still have a wad of cash left over.

Now deciding if I should part exchange my porsche 911 on an Audi R8, Aston Martin Vantage or Maserati Gran Turismo.

Who says you cant make any fast money on gold

So what are you doing here instead of wasting time in the company of pretty girls on a sunny beach? They are waiting for you...



And your money

[ASHLIUSZ]

This is indeed pretty good, but being realistic, BTC has way more chances of delivering huge results in the near future. I don't see gold exploding at the rate BTC can easily explode at in the next 3 years.

The problem on this forum is that most people think that bitcoins volatility equals a one way trip to the moon with bitcoins price.  The flip side to extreme volatility is there a chance it could also bomb and people need to remain conscious of that before investing all their wealth into it.

I still think we are very much in the early part of another bull cycle for gold with a lot of upside remaining, I am about to the pull the trigger on another 25 gold sovereigns.

That is true. The bitcoin price is too volatile. For example, the bitcoin price dropped about 25% in one day a few days ago.

Well being volatile of bitcoins price has advantage and disadvantage. But if you are going to think outside the box and you are into risk.
You are going to treat it very good opportunity with bitcoin, we all know know gold has its best and its price is just keep on rising.
Unlike bitcoin, up and down.

If you have a lot of money just invest in Gold but if you do not have more money to invest in gold just stay in bitcoin and collect as much as you can then if you have a lot of earnings in bitcoin then you can invest in Gold in the future.

Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.

you can tell that to those who believe in bitcoin but not with the people who don't believe in the existence of bitcoin for they bitcoin is a game that can give a huge losses.

We will find both type of investors, and they will invest in only that they can trust in long run and they will choose according to their convenience.

Both type of investors are there. Physical gold is heavy and bulky and, despite its history, difficult to transact; payment for goods and services almost always involves the holder converting back to fiat currency. Aside from the physical properties, you could say about Bitcoin, in an increasing number of cases, the merchant that you are dealing with will take Bitcoin directly as payment, this fundamental difference makes bitcoin more convenient than gold.

[mirakal]

This is indeed pretty good, but being realistic, BTC has way more chances of delivering huge results in the near future. I don't see gold exploding at the rate BTC can easily explode at in the next 3 years.

The problem on this forum is that most people think that bitcoins volatility equals a one way trip to the moon with bitcoins price.  The flip side to extreme volatility is there a chance it could also bomb and people need to remain conscious of that before investing all their wealth into it.

I still think we are very much in the early part of another bull cycle for gold with a lot of upside remaining, I am about to the pull the trigger on another 25 gold sovereigns.

That is true. The bitcoin price is too volatile. For example, the bitcoin price dropped about 25% in one day a few days ago.

Well being volatile of bitcoins price has advantage and disadvantage. But if you are going to think outside the box and you are into risk.
You are going to treat it very good opportunity with bitcoin, we all know know gold has its best and its price is just keep on rising.
Unlike bitcoin, up and down.

If you have a lot of money just invest in Gold but if you do not have more money to invest in gold just stay in bitcoin and collect as much as you can then if you have a lot of earnings in bitcoin then you can invest in Gold in the future.

Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.

you can tell that to those who believe in bitcoin but not with the people who don't believe in the existence of bitcoin for they bitcoin is a game that can give a huge losses.

We will find both type of investors, and they will invest in only that they can trust in long run and they will choose according to their convenience.

Both type of investors are there. Physical gold is heavy and bulky and, despite its history, difficult to transact; payment for goods and services almost always involves the holder converting back to fiat currency. Aside from the physical properties, you could say about Bitcoin, in an increasing number of cases, the merchant that you are dealing with will take Bitcoin directly as payment, this fundamental difference makes bitcoin more convenient than gold.

Bitcoin is the best for now because the price is better and the future getting stronger. Only few investors can actually afford to invest with gold because that needs a serious investment but for the risk takers who love to make money, it is only bitcoin that is possible to them.

[Corenin]

This is indeed pretty good, but being realistic, BTC has way more chances of delivering huge results in the near future. I don't see gold exploding at the rate BTC can easily explode at in the next 3 years.

The problem on this forum is that most people think that bitcoins volatility equals a one way trip to the moon with bitcoins price.  The flip side to extreme volatility is there a chance it could also bomb and people need to remain conscious of that before investing all their wealth into it.

I still think we are very much in the early part of another bull cycle for gold with a lot of upside remaining, I am about to the pull the trigger on another 25 gold sovereigns.

That is true. The bitcoin price is too volatile. For example, the bitcoin price dropped about 25% in one day a few days ago.

Well being volatile of bitcoins price has advantage and disadvantage. But if you are going to think outside the box and you are into risk.
You are going to treat it very good opportunity with bitcoin, we all know know gold has its best and its price is just keep on rising.
Unlike bitcoin, up and down.

If you have a lot of money just invest in Gold but if you do not have more money to invest in gold just stay in bitcoin and collect as much as you can then if you have a lot of earnings in bitcoin then you can invest in Gold in the future.

Why to invest in gold if you can lot profits with bitcoin, users of bitcoin will never prefer to invest their money in gold as with bitcoin they can earn high profits in quick time.

you can tell that to those who believe in bitcoin but not with the people who don't believe in the existence of bitcoin for they bitcoin is a game that can give a huge losses.

We will find both type of investors, and they will invest in only that they can trust in long run and they will choose according to their convenience.

Both type of investors are there. Physical gold is heavy and bulky and, despite its history, difficult to transact; payment for goods and services almost always involves the holder converting back to fiat currency. Aside from the physical properties, you could say about Bitcoin, in an increasing number of cases, the merchant that you are dealing with will take Bitcoin directly as payment, this fundamental difference makes bitcoin more convenient than gold.

Bitcoin is the best for now because the price is better and the future getting stronger. Only few investors can actually afford to invest with gold because that needs a serious investment but for the risk takers who love to make money, it is only bitcoin that is possible to them.

With bitcoin we have an facility even to buy a smaller amount, no need to buy full btc, so you can buy that your wallet allows you and that is not possible with gold.

[deisik]

With bitcoin we have an facility even to buy a smaller amount, no need to buy full btc, so you can buy that your wallet allows you and that is not possible with gold.

How is that not possible with gold? Is it not possible in exactly the same way as it is not possible to earn quick profits (or incur fast losses, lol) with gold?



A 2.5g gold bar with London's skyline costs around 0.2 BTC

[buyinbtc]

bitcoin any time of the day, gold is going to be worthless when bitcoin becomes a worldwide currency used by different countries, that would be really great to be honest

[deisik]

bitcoin any time of the day, gold is going to be worthless when bitcoin becomes a worldwide currency used by different countries, that would be really great to be honest

Stop smoking shit. If the preferred means of settling international accounts (the US dollar) fails some day, governments will turn back to the time tested tool, i.e. gold...

That's why all major Central banks keep huge amounts of gold in their vaults

[mark coins]

I will prefer to invest in both of them to minimize my risk and I am sure either of one will perform well in future which will help me in getting best returns on my investments.

[Frodomaga]

I would pick both.                                                                                                                                                   

[co5hike]

I will prefer to invest in both of them to minimize my risk and I am sure either of one will perform well in future which will help me in getting best returns on my investments.

Perfect strategy I guess, and if both of them reach to their potential then it will be a win win for you as you will earn huge profits from it in future.

[markj113]

I made a killing on Gold post Brexit vote, enough to fully pay off my mortgage and still have a wad of cash left over.

Now deciding if I should part exchange my porsche 911 on an Audi R8, Aston Martin Vantage or Maserati Gran Turismo.

Who says you cant make any fast money on gold

So what are you doing here instead of wasting time in the company of pretty girls on a sunny beach? They are waiting for you...



And your money

I think my wife would object to that idea

[deisik]

I made a killing on Gold post Brexit vote, enough to fully pay off my mortgage and still have a wad of cash left over.

Now deciding if I should part exchange my porsche 911 on an Audi R8, Aston Martin Vantage or Maserati Gran Turismo.

Who says you cant make any fast money on gold

So what are you doing here instead of wasting time in the company of pretty girls on a sunny beach? They are waiting for you...

And your money

I think my wife would object to that idea

Buy her some gold, that would make her happy, lol

[opossum]

I made a killing on Gold post Brexit vote, enough to fully pay off my mortgage and still have a wad of cash left over.

Now deciding if I should part exchange my porsche 911 on an Audi R8, Aston Martin Vantage or Maserati Gran Turismo.

Who says you cant make any fast money on gold

So what are you doing here instead of wasting time in the company of pretty girls on a sunny beach? They are waiting for you...

And your money

I think my wife would object to that idea

Buy her some gold, that would make her happy, lol

Yes women love gold as they can hold it physically and I think they are crazy about gold, but same doesn't goes with bitcoin as it can never be touched or can carry physically.

[btvGainer]

On any given day I would pick bitcoin over gold.Bitcoin is easy to store even if you have millions of worth of bitcoin.Where would I store gold even if I have 10 kg of it? I can spend bitcoin directly to purchase anything and even sell bitcoin itself

[An0nym0us]

On any given day I would pick bitcoin over gold.Bitcoin is easy to store even if you have millions of worth of bitcoin.Where would I store gold even if I have 10 kg of it? I can spend bitcoin directly to purchase anything and even sell bitcoin itself

Bitcoin is an investment with multiple benefits attached with it, you can use it for various purposes like trading, online shopping, online transfer etc which is never possible with gold.

[deisik]

I made a killing on Gold post Brexit vote, enough to fully pay off my mortgage and still have a wad of cash left over.

Now deciding if I should part exchange my porsche 911 on an Audi R8, Aston Martin Vantage or Maserati Gran Turismo.

Who says you cant make any fast money on gold

So what are you doing here instead of wasting time in the company of pretty girls on a sunny beach? They are waiting for you...

And your money

I think my wife would object to that idea

Buy her some gold, that would make her happy, lol

Yes women love gold as they can hold it physically and I think they are crazy about gold, but same doesn't goes with bitcoin as it can never be touched or can carry physically.

Gold bugs are crazy about gold even more that women in general are, so I highly doubt that their wives (those who have human beings as wives, at least) can show off with much gold on them, lol...

Gold is money, but money loves silence while big money loves dead silence