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Author Topic: Bitcoin or Gold? What would you pick?  (Read 298997 times)
dezoel
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September 24, 2016, 05:13:39 PM
 #3161

I would pick gold because it is rare to have one.  Plus gold is gold, I do not have money to buy some gold.  Bitcoin can be earned.
It's true, you can earn bitcoin. But so you do not lose, the bitcoin can invest in gold. This is the best way of working gold and cryptocurrency.
If you intend to make money on, and not just keep it in the precious metal, then this is the bitcoin currency which will give the opportunity to earn and continue to make profits consistently, unlike gold.

I think we should go with both of them, invest money in gold and hold them for long term and keep  on earning bitcoins as there is no need of putting money in it and combination of both of them will give you huge profits in future.

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September 24, 2016, 05:24:02 PM
 #3162

i will always choose bitcoin, because i like to invest my money in such place where from where i can get a good profit, therefore bitcoin will be the best option for that, because the price of gold is so stable and there is very little fluctuation in the price of bitcoin.

First you should know the difference between investing and trading. There is a huge difference between those two and what you are trying to say is actually trading not investing. On the other hand if you are looking for profit then choose gold instead , the volatility of bitcoin could burn you

It can go either way, it might burn you in just a few days or it may make you earn a lot of profits as well sometimes because we never know when the price of bitcoin grows and when it drops, it depends on the demand of bitcoin if where it will go next.
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September 24, 2016, 05:25:42 PM
 #3163

Well bitcoin is new and VERY unstable, so i think i would go with bitcoin only if i would want fast profit, otherwise i would go with gold only as stable profit

 
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September 24, 2016, 05:46:36 PM
 #3164

I would rather pick up Bitcoin than gold.
Bitcoin prices are expected to go much higher in future.
Gold doesnot increase that much quickly as bitcoin.
AS an investment also, Bitcoin gives more returns than gold
mishra1994u
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September 24, 2016, 05:48:41 PM
 #3165

I will choose bitcoins over gold and the reason behind this is that i know about bitcoin pretty well and know different places where i can invest my bitcoins and use it for multiple purpose but gold i dont know what to do anything with them,just holding them i think.
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September 24, 2016, 06:42:50 PM
 #3166

Without any hesitation i will just pick bitcoin, why to keep holding gold for years dreaming price will sky rocket which seem hard but with bitcoin that seems possible.

 
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September 24, 2016, 06:44:15 PM
 #3167

I will pick BTC on Gold , Gold price depends on economy
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September 25, 2016, 03:00:30 PM
 #3168

I will pick BTC on Gold , Gold price depends on economy
And you think that bitcoin price does not depend on the economy? The reason people compare gold and bitcoin is not only because they share a significant amount of characteristics, after all, they are both money, people compare them because when the economy is doing badly this two investment instruments do very well and that makes sense after all why people could need bitcoin or gold if the currencies of the world were doing great?
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September 25, 2016, 03:28:37 PM
 #3169

I will pick BTC on Gold , Gold price depends on economy
And you think that bitcoin price does not depend on the economy? The reason people compare gold and bitcoin is not only because they share a significant amount of characteristics, after all, they are both money, people compare them because when the economy is doing badly this two investment instruments do very well and that makes sense after all why people could need bitcoin or gold if the currencies of the world were doing great?

gold price is also artificially inflated not like bitcoin which is small and depend exclusively by supply and demand, i don't see this with gold, also spread in gold is ridiculous low, you need to leverage every day

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September 25, 2016, 03:43:26 PM
 #3170

gold price is also artificially inflated not like bitcoin which is small and depend exclusively by supply and demand, i don't see this with gold, also spread in gold is ridiculous low, you need to leverage every day

Most people seem to believe the opposite, that is gold is suppressed through paper gold manipulation that that in no way reflects physical supply e.g. comex is currently leveraged about 550 paper gold oz to 1 real gold oz.
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September 26, 2016, 07:54:16 AM
 #3171

gold price is also artificially inflated not like bitcoin which is small and depend exclusively by supply and demand, i don't see this with gold, also spread in gold is ridiculous low, you need to leverage every day

Most people seem to believe the opposite, that is gold is suppressed through paper gold manipulation that that in no way reflects physical supply e.g. comex is currently leveraged about 550 paper gold oz to 1 real gold oz.


Both are artificially inflated... hold, hold, hold, they say...
Like others stones, diamonds, emeralds and any other.
It's all manipuled in this world Wink
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September 26, 2016, 09:21:11 AM
 #3172

I rather pick bitcoin, because i can earn money and earn a living by bitcoin. In the other hand, gold also good but unfortunate we can't earn gold at online like bitcoin.
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September 26, 2016, 04:08:44 PM
 #3173

gold price is also artificially inflated not like bitcoin which is small and depend exclusively by supply and demand, i don't see this with gold, also spread in gold is ridiculous low, you need to leverage every day

Most people seem to believe the opposite, that is gold is suppressed through paper gold manipulation that that in no way reflects physical supply e.g. comex is currently leveraged about 550 paper gold oz to 1 real gold oz.


Both are artificially inflated... hold, hold, hold, they say...
Like others stones, diamonds, emeralds and any other.
It's all manipuled in this world Wink
I disagree with this, in one side you are right that the advice given is to hold your gold, but on the other side we have a market of gold certificates that are nothing but promises that gold will be delivered one day in the future, there is not enough gold to meet demand so this is a very effective way to suppress the price of gold.
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September 26, 2016, 05:05:56 PM
 #3174

I rather pick bitcoin, because i can earn money and earn a living by bitcoin. In the other hand, gold also good but unfortunate we can't earn gold at online like bitcoin.

That's right but what's wrong in choosing both of them as we can earn bitcoin by working on it and fiat money should be invested in gold so in future we will be holding descent amount of both of them.
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September 26, 2016, 05:40:11 PM
 #3175

When I buy gold, then I'm not worried about its low cost. Gold has always been stable. Therefore, it is gold for long-term storage of money.
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September 26, 2016, 08:10:12 PM
 #3176

I will choose bitcoins over gold and the reason behind this is that i know about bitcoin pretty well and know different places where i can invest my bitcoins and use it for multiple purpose but gold i dont know what to do anything with them,just holding them i think.
of course bitcoins are way better than gold right now, i think it can make me some decent money for holding it

 
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September 27, 2016, 05:23:00 PM
 #3177

I rather pick bitcoin, because i can earn money and earn a living by bitcoin. In the other hand, gold also good but unfortunate we can't earn gold at online like bitcoin.

That's right but what's wrong in choosing both of them as we can earn bitcoin by working on it and fiat money should be invested in gold so in future we will be holding descent amount of both of them.
I love gold but there is no doubt that holding gold has some problems.

1)   Gold is expensive.
2)   There are materials similar to gold that are used to try to counterfeit it.
3)   Gold is difficult to carry unlike bitcoin
4)   Gold is difficult to secure unlike bitcoin
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September 27, 2016, 06:50:37 PM
 #3178


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

1)   Gold is expensive.
2)   There are materials similar to gold that are used to try to counterfeit it.
3)   Gold is difficult to carry unlike bitcoin
4)   Gold is difficult to secure unlike bitcoin


except the fact that gold is expensive,but gold has ISO standards,if you are purchasing from an authorized dealer you do not have to worry about the counterfeit stuff, if you are talking about gold bar it is difficult to carry but it is in fact a real product which i can see and own,you can secure gold in a bank locker. Despite all this i will be using Bitcoin for the ease of carrying and storing an asset
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September 27, 2016, 07:00:31 PM
 #3179

I believe both Bitcoin and Gold are valuable to trade and deal with in long and short terms, but may be trading and holding gold need some good or big budget, while trading/holding Bitcoin don't need a lot
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September 27, 2016, 07:23:09 PM
 #3180

Gold have stable value where as bitcoin value keep on fluctuate making it hard for large bitcoin holders to not get panicked during huge dumps on price. So better to hold gold if you dont like to loss or get profit out of it if not holding bitcoin could be profitable if you don't sell it for long time.
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