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Author Topic: Bitcoin or Gold? What would you pick?  (Read 299002 times)
Batharakala
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November 02, 2016, 05:09:19 AM
 #3441

For long term, gold. You can see and touch gold. And it can exists as a stand alone item without dependency on technology. It has proven itself to be money for longer than 1000 years. As for bitcoin, you can't touch and see bitcoin. It can not exists without the blockchain and internet. It hasn't proven itself to be money for more than 2-3 years.
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November 02, 2016, 05:10:16 AM
 #3442

Definitely bitcoin. Gold is just an element with no actual uses, and is impractical to use as a currency. Being in the reserve vaults? Maybe. But being a currency it is just too easily sweated and too hard to get it exactly the right weight.
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November 02, 2016, 05:10:56 AM
 #3443

I will choose the two. But its investment is now distributed as 70% - in Bitcoins, and 30% in gold. While Bitcoin prices rise rapidly, my strategy such.
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November 02, 2016, 05:26:14 AM
 #3444

I will choose the two. But its investment is now distributed as 70% - in Bitcoins, and 30% in gold. While Bitcoin prices rise rapidly, my strategy such.
if you have enough money to invest more in gold i think much better because value of gold are continuous increasing and never been dump, but if not bitcoin is very great investment to put our money.
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November 02, 2016, 06:15:04 AM
 #3445

I will choose the two. But its investment is now distributed as 70% - in Bitcoins, and 30% in gold. While Bitcoin prices rise rapidly, my strategy such.
if you have enough money to invest more in gold i think much better because value of gold are continuous increasing and never been dump, but if not bitcoin is very great investment to put our money.

absolutely right, but better in my opinion more gold for safe long-term investments we know own the value of gold will rise and continue to rise in the future
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November 03, 2016, 07:23:59 AM
 #3446

I will choose the two. But its investment is now distributed as 70% - in Bitcoins, and 30% in gold. While Bitcoin prices rise rapidly, my strategy such.
if you have enough money to invest more in gold i think much better because value of gold are continuous increasing and never been dump, but if not bitcoin is very great investment to put our money.

gold is ok if your happy with 1-2% a year
btc is the one to pick if you want 200-400%

we are standing watching  the greatest financial innovation of all time and people
are still wondering whether to buy some or not ....

ps..for anyone who maybe  new here they wondered  the same thing at $10 and $50 and $100 and $200 ...lol
go back and read threads from 2010/11........ 
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November 03, 2016, 08:03:39 AM
 #3447

I'm still choosing bitcoin over gold for now. BTC is a great opportunity for us, it helps those people who are in need to make money online and gain earnings from different services. Gold is very expensive, only rich people can afford it.

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November 03, 2016, 08:22:53 AM
 #3448

I will choose the two. But its investment is now distributed as 70% - in Bitcoins, and 30% in gold. While Bitcoin prices rise rapidly, my strategy such.
if you have enough money to invest more in gold i think much better because value of gold are continuous increasing and never been dump, but if not bitcoin is very great investment to put our money.

gold is ok if your happy with 1-2% a year
btc is the one to pick if you want 200-400%

we are standing watching  the greatest financial innovation of all time and people
are still wondering whether to buy some or not ....

ps..for anyone who maybe  new here they wondered  the same thing at $10 and $50 and $100 and $200 ...lol
go back and read threads from 2010/11........ 

It's a big disparity when it comes to income but with gold the income is stable and you can be happy to earn up to 2% if you have a good amount of capital but if not bitcoin is always the answer for your investment. This year we manage to double the price and that's awesome.

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November 03, 2016, 08:32:15 AM
 #3449

gold is ok if your happy with 1-2% a year
btc is the one to pick if you want 200-400%

we are standing watching  the greatest financial innovation of all time and people
are still wondering whether to buy some or not ....

ps..for anyone who maybe  new here they wondered  the same thing at $10 and $50 and $100 and $200 ...lol
go back and read threads from 2010/11........ 

It's a big disparity when it comes to income but with gold the income is stable and you can be happy to earn up to 2% if you have a good amount of capital but if not bitcoin is always the answer for your investment. This year we manage to double the price and that's awesome.

It is not only that. The total Bitcoin market cap is somewhere around $10 billion while that of gold ~$8 trillion, which is 800 times more. It basically means that your income in absolute terms which you might get through gold could be orders of magnitude greater than what you might get through Bitcoin, despite the disparity between the percentages you might earn. In other words, you simply can't earn one billion dollars trading bicoins given its tiny market cap. The hefty percentages of possible Bitcoin earnings are misleading at best.
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November 03, 2016, 03:17:14 PM
 #3450

I would decide to have Bitcoin and Gold, because in addition to the diversification of my investment, I would have two assets with great potential, with a broad market and capable of providing significant gains.

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November 03, 2016, 05:19:04 PM
 #3451

If i had a choice between gold or bitcoin i would go for bitcoin first because the price of bitcoin is going up faster than the gold second i can buy double the amount of gold with the bitcoin when invest it or just wait until the price of bitcoin goes up.

Simply, Bitcoin is more valuable than gold.
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November 04, 2016, 02:26:45 PM
 #3452

Definitely bitcoin. Gold is just an element with no actual uses, and is impractical to use as a currency. Being in the reserve vaults? Maybe. But being a currency it is just too easily sweated and too hard to get it exactly the right weight.

Of course you cannot use gold as a currency except for huge quantities. You can't expect someone using gold as a payment and then pay you with a number of gold dusts.

This thread is about which one is a better investment. Gold has no use? Gold is used in a lot of things. For instance, the smartphone that you're holding right now has a gold component in it. The laptop that you're using has a gold component in it. Gold is used for technological stuffs not just for luxury.

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November 04, 2016, 04:00:27 PM
 #3453

Definitely bitcoin. Gold is just an element with no actual uses, and is impractical to use as a currency. Being in the reserve vaults? Maybe. But being a currency it is just too easily sweated and too hard to get it exactly the right weight.

You don't need to use gold itself as an intermediary in the exchange of things, i.e. as a means of payment. Under the gold exchange standard, gold is not used for buying or selling everyday things, but it is still being used as a hard currency backing up some money tokens which otherwise have no value of their own. And these tokens are used in the actual exchange of goods and services instead of gold...

The main issue with this approach, though, is guaranteeing a fixed exchange rate of such tokens in terms of gold

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November 05, 2016, 03:54:08 AM
 #3454

I would decide to have Bitcoin and Gold, because in addition to the diversification of my investment, I would have two assets with great potential, with a broad market and capable of providing significant gains.

You know what, it is my dream to have gold in the first place but the fact is the market of gold is getting tougher enough then I am not able to get some good investments with gold and it is really expensive before you can have your own gold investment. So for me, I am now able to have an alternative good investment with bitcoin.
It was also my dream before but when I know bitcoin it changes everything, I wake up in the next morning thinking that I should invest in bitcoin as I have more chance of making money here than investing in gold, and you know what, I was right..

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November 05, 2016, 04:14:10 AM
 #3455

I would decide to have Bitcoin and Gold, because in addition to the diversification of my investment, I would have two assets with great potential, with a broad market and capable of providing significant gains.

You know what, it is my dream to have gold in the first place but the fact is the market of gold is getting tougher enough then I am not able to get some good investments with gold and it is really expensive before you can have your own gold investment. So for me, I am now able to have an alternative good investment with bitcoin.
It was also my dream before but when I know bitcoin it changes everything, I wake up in the next morning thinking that I should invest in bitcoin as I have more chance of making money here than investing in gold, and you know what, I was right..
I say this more often than not, gold is not an investment that's supposed to make money quickly and in large amounts, it's something that keeps value over time and helps to maintain the value of your work. Not be growth-oriented. Bitcoin will make you a lot more far quicker.
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November 05, 2016, 05:11:49 AM
 #3456

If i had a choice between gold or bitcoin i would go for bitcoin first because the price of bitcoin is going up faster than the gold second i can buy double the amount of gold with the bitcoin when invest it or just wait until the price of bitcoin goes up.

Simply, Bitcoin is more valuable than gold.
after thinking about it, both of them very well to be taken if it is a business problem. although gold is a long-term investment, but I think it can bring many benefits in the future. but bitcoin is also a long-term investment, but because many have merit, sometimes bitcoin users are also looking for a quick way to get double the bitcoin they got. so if possible, I will take both
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November 05, 2016, 07:51:20 AM
 #3457

If i had a choice between gold or bitcoin i would go for bitcoin first because the price of bitcoin is going up faster than the gold second i can buy double the amount of gold with the bitcoin when invest it or just wait until the price of bitcoin goes up.

Simply, Bitcoin is more valuable than gold.
after thinking about it, both of them very well to be taken if it is a business problem. although gold is a long-term investment, but I think it can bring many benefits in the future. but bitcoin is also a long-term investment, but because many have merit, sometimes bitcoin users are also looking for a quick way to get double the bitcoin they got. so if possible, I will take both
Gold and bitcoin has different usage but they are both valuable, gold is physical but bitcoin is gold in the internet. When it comes to investment, it's all up to the decision of a certain investor to choose what fits for him and capital is one of the important basis for decision making.
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November 05, 2016, 09:33:12 AM
 #3458

I'm still choosing bitcoin over gold for now. BTC is a great opportunity for us, it helps those people who are in need to make money online and gain earnings from different services. Gold is very expensive, only rich people can afford it.
yeah agree with you. I do not have a lot of capital so I would choose bitcoin to invest, in addition to price moves fast that can make for a quick, bitcoin prices are also cheaper than gold
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November 05, 2016, 12:44:14 PM
 #3459

Duplicate thread. Continue here: https://bitcointalk.org/index.php?topic=508270

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