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Author Topic: Bitcoin or Gold? What would you pick?  (Read 298881 times)
dreamer81
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October 06, 2016, 02:01:14 PM
 #3261

Bitcoins and gold is the same ting! It's a commodity.
Gold has several advantages, that being it's history. It has been a valuable during several thousand years, whereas the bitcoin has only been a valuable for less than a decade.

That being said. I'd cover myself with bitcoins over gold any day. When the fiat currency market crashes some day, we will use crypto currencies to trade. Gold will not be used for trade unless the whole world goes nuclear.
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October 06, 2016, 02:05:16 PM
 #3262

ofcourse bitcoin, i think gold price wil not go up till next year, it is ranging now
I think the gold price is already high enough so I think gold has reached their maximum price point. whereas bitcoin, bitcoin is still at a fairly low price and it is possible that in the future bitcoin prices will be higher than now, so I'll pick bitcoin

Yeah and we don't know how higher bitcoin can go in future, as everyone is predicting that it can even touch $10k in future and if that happens then it will bring huge profits for us.
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October 06, 2016, 02:11:16 PM
 #3263

ofcourse bitcoin, i think gold price wil not go up till next year, it is ranging now
I think the gold price is already high enough so I think gold has reached their maximum price point. whereas bitcoin, bitcoin is still at a fairly low price and it is possible that in the future bitcoin prices will be higher than now, so I'll pick bitcoin

Yeah and we don't know how higher bitcoin can go in future, as everyone is predicting that it can even touch $10k in future and if that happens then it will bring huge profits for us.

you shouldn't look at what others are saying. the majority of the people here don't know what they are talking about. if bitcoin really lives up to what is expected from it, then it can go much higher than $1000, but it's only a possibility. nothing is sure.
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October 06, 2016, 09:50:25 PM
 #3264

in present time i will like to pick bitcoin because i want to make money and that is only possible in bitcoin and not in gold actually the price of gold is so stable and there is always a very little change in the price of gold and so you use bitcoin for different activities.
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October 06, 2016, 11:33:02 PM
 #3265

Gold is used from the people as gifts, church requires a ring of gold, i dont know why such thing keeps happening over the years, anyway if bitcoin were material we would see it being send as gift as well, but the fact its digital doesnt matter it can be donated with wallet and password. Besides the gifts i dont see any interest into gold, for other side bitcoin is something that make me addicted since i learned a bit about it.
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October 07, 2016, 03:13:06 AM
 #3266

Gold is used from the people as gifts, church requires a ring of gold, i dont know why such thing keeps happening over the years, anyway if bitcoin were material we would see it being send as gift as well, but the fact its digital doesnt matter it can be donated with wallet and password. Besides the gifts i dont see any interest into gold, for other side bitcoin is something that make me addicted since i learned a bit about it.
That's why it's precious and people love to use this as gift to show their love an appreciation to a certain person, while on the other hand there are those investors and business minded who understands this, the demand is great so that means when you invest you have a great chance to make profit.
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October 07, 2016, 01:23:29 PM
 #3267

Gold is used from the people as gifts, church requires a ring of gold, i dont know why such thing keeps happening over the years, anyway if bitcoin were material we would see it being send as gift as well, but the fact its digital doesnt matter it can be donated with wallet and password. Besides the gifts i dont see any interest into gold, for other side bitcoin is something that make me addicted since i learned a bit about it.
That's why it's precious and people love to use this as gift to show their love an appreciation to a certain person, while on the other hand there are those investors and business minded who understands this, the demand is great so that means when you invest you have a great chance to make profit.

Gold investment is  trully a good  investments  especially on long terms because  you could able to gain profit  with it but not all people could  able to  make  investments with it  because  its  quite expensive compared to bitcoin and we cant really compare a precious metal to a digital currency.

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October 07, 2016, 02:40:48 PM
 #3268

Gold is used from the people as gifts, church requires a ring of gold, i dont know why such thing keeps happening over the years, anyway if bitcoin were material we would see it being send as gift as well, but the fact its digital doesnt matter it can be donated with wallet and password. Besides the gifts i dont see any interest into gold, for other side bitcoin is something that make me addicted since i learned a bit about it.
That's why it's precious and people love to use this as gift to show their love an appreciation to a certain person, while on the other hand there are those investors and business minded who understands this, the demand is great so that means when you invest you have a great chance to make profit.

Gold investment is  trully a good  investments  especially on long terms because  you could able to gain profit  with it but not all people could  able to  make  investments with it  because  its  quite expensive compared to bitcoin and we cant really compare a precious metal to a digital currency.

the same as with bitcoin, you can simply buy smaller fractions of gold if you so wish. you don't have to buy tens of thousands of dollars worth of gold. a few hundred is good as well. it just depends on how much you can afford to buy.
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October 07, 2016, 02:59:14 PM
 #3269

Hands down bitcoin. 1 BTC will be worth more than 1 ounce of gold soon  Roll Eyes

Yeah but gold is safe so it depends all on how much money we are talking about. If it's about millions then obviously i'll put it in gold but if it's not that much money i'll put it into bitcoin to try and make it more via that route.
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October 07, 2016, 03:17:51 PM
 #3270

Hands down bitcoin. 1 BTC will be worth more than 1 ounce of gold soon  Roll Eyes

Yeah but gold is safe so it depends all on how much money we are talking about. If it's about millions then obviously i'll put it in gold but if it's not that much money i'll put it into bitcoin to try and make it more via that route.

At the moment I would pick bitcoins.
Simply because gold is for me a long term investment, and at the moment I'm not searching something like that.
I can sell my bitcoins easily with my computer on every exchange, I don't think it's that simple with gold.
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October 07, 2016, 03:28:38 PM
 #3271

Hands down bitcoin. 1 BTC will be worth more than 1 ounce of gold soon  Roll Eyes

Yeah but gold is safe so it depends all on how much money we are talking about. If it's about millions then obviously i'll put it in gold but if it's not that much money i'll put it into bitcoin to try and make it more via that route.

At the moment I would pick bitcoins.
Simply because gold is for me a long term investment, and at the moment I'm not searching something like that.
I can sell my bitcoins easily with my computer on every exchange, I don't think it's that simple with gold.


I agree. Apart from the fact that gold is not going to rise in price in the future like Bitcoin(of course I'm not taking into account the case of a big inflation), Bitcoin is much easier to sell than gold. I don't know about every country, but where I live from my personal experience you can only sell gold for the price 20% lower than the actual price at the moment.

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October 07, 2016, 03:45:10 PM
 #3272

Hands down bitcoin. 1 BTC will be worth more than 1 ounce of gold soon  Roll Eyes

Yeah but gold is safe so it depends all on how much money we are talking about. If it's about millions then obviously i'll put it in gold but if it's not that much money i'll put it into bitcoin to try and make it more via that route.

At the moment I would pick bitcoins.
Simply because gold is for me a long term investment, and at the moment I'm not searching something like that.
I can sell my bitcoins easily with my computer on every exchange, I don't think it's that simple with gold.


I agree. Apart from the fact that gold is not going to rise in price in the future like Bitcoin(of course I'm not taking into account the case of a big inflation), Bitcoin is much easier to sell than gold. I don't know about every country, but where I live from my personal experience you can only sell gold for the price 20% lower than the actual price at the moment.

Bitcoin is not just much easier to sell than gold. One could infer that physical gold is also easy to sell which is not the case. I would go so far as to say that Bitcoin is easy to sell while gold is hard to sell. Indeed, gold is indestructible, but if you want to get back at least the amount you had paid for it, your gold should look exactly the same when you bought it. Hurricanes, earthquakes, fires can easily turn your precious gold coins and bars into crushed pieces of metal, which you would be able to sell only at the price of scrap.
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October 07, 2016, 09:50:34 PM
 #3273

I would pick Bitcoin all day because that is what I am used to and what I know, I do know nothing about gold do it would not be smart to pick that.
I have experience with Bitcoin so that would be my number one choice.

I actually know quite a lot about gold but not as much as about bitcoin i know, but still as you said it wont be a good choice to select something that you have no good knowledge about, so if i pick gold i simply dont know what to do with them, but if i pick bitcoins i know what i need to do with them, which is trading most of it and saving a part of it for future as well.
To be honest there is not a lot to do with gold except keeping it safe until you want to sell it, if that is what you want, or keeping it until the end.
ajun96
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October 07, 2016, 10:23:22 PM
 #3274

Hands down bitcoin. 1 BTC will be worth more than 1 ounce of gold soon  Roll Eyes

Yeah but gold is safe so it depends all on how much money we are talking about. If it's about millions then obviously i'll put it in gold but if it's not that much money i'll put it into bitcoin to try and make it more via that route.
yeah arguably safer because gold has a price movement is slow, but is it you think that when you're going to get a big profit in gold, while you only have a little gold and gold movement is very slow? surely you will not get a huge profit even in a long time though
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October 07, 2016, 10:27:28 PM
 #3275

I would pick Bitcoin all day because that is what I am used to and what I know, I do know nothing about gold do it would not be smart to pick that.
I have experience with Bitcoin so that would be my number one choice.

I actually know quite a lot about gold but not as much as about bitcoin i know, but still as you said it wont be a good choice to select something that you have no good knowledge about, so if i pick gold i simply dont know what to do with them, but if i pick bitcoins i know what i need to do with them, which is trading most of it and saving a part of it for future as well.
To be honest there is not a lot to do with gold except keeping it safe until you want to sell it, if that is what you want, or keeping it until the end.
humm why keeping it safe? it's already safe if you look from its value because it's quite stable and also keeping it until the end would be a bad idea,you mean keeping the gold until the dooms day? because gold will be always a precious thing and probably never come to an end because it's rare thing

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October 07, 2016, 10:31:54 PM
 #3276

Well, today bitcoin already financed my life, so I prefer bitcoin than gold. if I choose the gold, it would be very difficult to develop it so that I can enjoy every day, but if I choose bitcoin, it would be a lot of business opportunities that I can run, such as investment, trade, or otherwise, so that I could make a lot of money in every day
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October 07, 2016, 11:26:12 PM
 #3277

Gold is used from the people as gifts, church requires a ring of gold, i dont know why such thing keeps happening over the years, anyway if bitcoin were material we would see it being send as gift as well, but the fact its digital doesnt matter it can be donated with wallet and password. Besides the gifts i dont see any interest into gold, for other side bitcoin is something that make me addicted since i learned a bit about it.
That's why it's precious and people love to use this as gift to show their love an appreciation to a certain person, while on the other hand there are those investors and business minded who understands this, the demand is great so that means when you invest you have a great chance to make profit.

Gold investment is  trully a good  investments  especially on long terms because  you could able to gain profit  with it but not all people could  able to  make  investments with it  because  its  quite expensive compared to bitcoin and we cant really compare a precious metal to a digital currency.
I think the gold investment would be beneficial if you have a large capital in gold and you want to keep the gold in the long term, in contrast with bitcoin you are free to use capital. although small you will still benefit greatly
so I chose bitcoin
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October 08, 2016, 02:49:17 AM
 #3278

Gold is used from the people as gifts, church requires a ring of gold, i dont know why such thing keeps happening over the years, anyway if bitcoin were material we would see it being send as gift as well, but the fact its digital doesnt matter it can be donated with wallet and password. Besides the gifts i dont see any interest into gold, for other side bitcoin is something that make me addicted since i learned a bit about it.
That's why it's precious and people love to use this as gift to show their love an appreciation to a certain person, while on the other hand there are those investors and business minded who understands this, the demand is great so that means when you invest you have a great chance to make profit.

Gold investment is  trully a good  investments  especially on long terms because  you could able to gain profit  with it but not all people could  able to  make  investments with it  because  its  quite expensive compared to bitcoin and we cant really compare a precious metal to a digital currency.
I think the gold investment would be beneficial if you have a large capital in gold and you want to keep the gold in the long term, in contrast with bitcoin you are free to use capital. although small you will still benefit greatly
so I chose bitcoin
That's what I a have been saying, you cannot just say that you will invest in gold if you do not have the resources to do it, maybe only the rich people are illegible to that investment as they have all the resources from buying gold and safe guarding it.
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October 08, 2016, 04:53:03 PM
 #3279

I am sure that the gold out of the competition. Everyone knows that gold has historically been a measure to ensure the money. And while gold is reliable, it is not tied to the economy of any country, as the currency.
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October 08, 2016, 05:21:21 PM
 #3280

I believe that gold will be stable and reliable, and that the opening of unallocated gold (metal) accounts became available makes gold a very profitable investment. But bitcoin and its expected future price is also temporarily relevant.
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