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    Author Topic: Bitcoin or gold?  (Read 984566 times)

    • JumperX
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    September 11, 2016, 08:33:42 AM
     #5121
    Quote from: BossMacko on September 11, 2016, 08:19:00 AM
    I guess i will choose Bitcoin because in Bitcoin i can start from small amount but in gold in order to profit you need large money to buy Gold. Also Bitcoin is easy to use, easy to sell and also easy to buy. In Gold transaction can take a day or weeks but in Bitcoin instant.

    Yeah buying and selling bitcoins is an easy process in compare to gold, as you can do it simply buy a mouse click and you can buy it or sell it whenever you are satisfied with price without any involvement from third party.

  • jaysabi
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    September 11, 2016, 06:08:14 PM
     #5122
    Quote from: JumperX on September 11, 2016, 08:33:42 AM
    Quote from: BossMacko on September 11, 2016, 08:19:00 AM
    I guess i will choose Bitcoin because in Bitcoin i can start from small amount but in gold in order to profit you need large money to buy Gold. Also Bitcoin is easy to use, easy to sell and also easy to buy. In Gold transaction can take a day or weeks but in Bitcoin instant.

    Yeah buying and selling bitcoins is an easy process in compare to gold, as you can do it simply buy a mouse click and you can buy it or sell it whenever you are satisfied with price without any involvement from third party.

    That's not true at all. If you're buying bitcoin from another person face to face, it doesn't require a third party. Otherwise it requires an exchange, which is a third party, and possibly multiple intermediaries depending on how you're funding your exchange account.

  • jaysabi
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    September 11, 2016, 06:10:48 PM
     #5123
    Quote from: JumperX on September 11, 2016, 08:33:42 AM
    Quote from: BossMacko on September 11, 2016, 08:19:00 AM
    I guess i will choose Bitcoin because in Bitcoin i can start from small amount but in gold in order to profit you need large money to buy Gold. Also Bitcoin is easy to use, easy to sell and also easy to buy. In Gold transaction can take a day or weeks but in Bitcoin instant.

    Yeah buying and selling bitcoins is an easy process in compare to gold, as you can do it simply buy a mouse click and you can buy it or sell it whenever you are satisfied with price without any involvement from third party.

    You can buy gold through an exchange the same way you can buy bitcoin through an exchange. You don't even have to take physical delivery of the gold, and there are far more ways to buy exposure to gold than bitcoin.

  • Superbitzz
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    September 11, 2016, 07:57:32 PM
     #5124
    Quote from: X-ray on September 10, 2016, 12:47:35 PM
    Quote from: BlackPanda on September 10, 2016, 11:05:50 AM
    Quote from: Crazygreek on September 09, 2016, 05:09:55 PM
    Bitcoins is not so trusted and timetested as gold, i am gonna choose gold from this both, but bitcoins is also good, it's just my own opinion. Bitcoins is just new for me.
    for some people who do not dare to take risks then bitcoin not the right choice.
    you need a bit of courage to get more money. investing in gold would only provide security.
    While you will not get a big profit if you invest in gold.
    security have nothing to do with gold even with gold people will easily seeing you as wealthy person rather than bitcoin when you can hide your bitcoin
    and also gold will give you quite big profit if you're investing for long term and there's only low chance to be losing since the price always rising up
    yes that is a fact i am also in favour of bitcoin, i will always like to buy bitcoin instead of gold because there is a big fluctuation in the price of bitcoin as compare to gold. therefore there are always a big chance of making money if the price of bitcoin increase to much.

  • d@nte
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    September 11, 2016, 09:34:44 PM
     #5125
    Bitcoin, although gold is also a good option for investment, but btc is the future. It is volatile, but still it is trustworthy. After a few years I would be different person owing these btcs.

  • Colt22
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    September 11, 2016, 10:21:34 PM
     #5126
    Quote from: d@nte on September 11, 2016, 09:34:44 PM
    Bitcoin, although gold is also a good option for investment, but btc is the future. It is volatile, but still it is trustworthy. After a few years I would be different person owing these btcs.

    you are right that bitcoin is better to invest, and my opinion is that gold is now not good for investment as now we are getting a higher profit with so gold is no more beneficial for us as with gold we have to wait for much longer to earn some profit, and bitcoin is not volatile but it is fluctuating and traders like that feature for themselves to get the higher profit.

  • MTBTT
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    September 11, 2016, 10:58:55 PM
     #5127
    Quote from: jaysabi on September 11, 2016, 06:10:48 PM
    Quote from: JumperX on September 11, 2016, 08:33:42 AM
    Quote from: BossMacko on September 11, 2016, 08:19:00 AM
    I guess i will choose Bitcoin because in Bitcoin i can start from small amount but in gold in order to profit you need large money to buy Gold. Also Bitcoin is easy to use, easy to sell and also easy to buy. In Gold transaction can take a day or weeks but in Bitcoin instant.

    Yeah buying and selling bitcoins is an easy process in compare to gold, as you can do it simply buy a mouse click and you can buy it or sell it whenever you are satisfied with price without any involvement from third party.

    You can buy gold through an exchange the same way you can buy bitcoin through an exchange. You don't even have to take physical delivery of the gold, and there are far more ways to buy exposure to gold than bitcoin.
    I think it would sound odd when you buy gold online or in exchange and you do not get the physical stuff? I think it is the kind of investment that can not be enjoyed. I better buy in my town and buy offline

  • 20kevin20
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    September 11, 2016, 11:00:50 PM
     #5128
    Quote from: d@nte on September 11, 2016, 09:34:44 PM
    Bitcoin, although gold is also a good option for investment, but btc is the future. It is volatile, but still it is trustworthy. After a few years I would be different person owing these btcs.

    BTC is the virtual future based on technology. Gold will still be there whether you burn, throw, eat, mine or save it. It's still going to exist and will always be the best one. Between the two, Gold is much better for long term investments.

  • michelle1845
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    September 12, 2016, 12:47:38 AM
     #5129
    Both for sure, as btcs and gold  have their plus and minus. If one fail, you still have the other. So I would say both, to diversify and reduce the risks.

  • jaysabi
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    September 12, 2016, 01:06:27 AM
     #5130
    Quote from: MTBTT on September 11, 2016, 10:58:55 PM
    Quote from: jaysabi on September 11, 2016, 06:10:48 PM
    Quote from: JumperX on September 11, 2016, 08:33:42 AM
    Quote from: BossMacko on September 11, 2016, 08:19:00 AM
    I guess i will choose Bitcoin because in Bitcoin i can start from small amount but in gold in order to profit you need large money to buy Gold. Also Bitcoin is easy to use, easy to sell and also easy to buy. In Gold transaction can take a day or weeks but in Bitcoin instant.

    Yeah buying and selling bitcoins is an easy process in compare to gold, as you can do it simply buy a mouse click and you can buy it or sell it whenever you are satisfied with price without any involvement from third party.

    You can buy gold through an exchange the same way you can buy bitcoin through an exchange. You don't even have to take physical delivery of the gold, and there are far more ways to buy exposure to gold than bitcoin.
    I think it would sound odd when you buy gold online or in exchange and you do not get the physical stuff? I think it is the kind of investment that can not be enjoyed. I better buy in my town and buy offline

    People buying gold seriously aren't buying it to have physical gold, they're buying for investment purposes, like hedging against inflation. For investment purposes like that, physical gold is a nuisance because it has to be secured and is physically heavy, so it is burdensome to move. For those instances, people trade gold futures or gold ETFs or other gold-based paper instruments.

  • uname
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    September 12, 2016, 01:20:50 AM
     #5131
    Quote from: d@nte on September 11, 2016, 09:34:44 PM
    Bitcoin, although gold is also a good option for investment, but btc is the future. It is volatile, but still it is trustworthy. After a few years I would be different person owing these btcs.
    I think gold good investment if you choose to invest in a safe, but I think if you want to invest in gold you should have substantial capital and patience to wait for the price change

  • trinaldao
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    September 12, 2016, 02:29:06 AM
     #5132
    Quote from: batang_bitcoin on September 12, 2016, 01:31:18 AM
    Quote from: uname on September 12, 2016, 01:20:50 AM
    Quote from: d@nte on September 11, 2016, 09:34:44 PM
    Bitcoin, although gold is also a good option for investment, but btc is the future. It is volatile, but still it is trustworthy. After a few years I would be different person owing these btcs.
    I think gold good investment if you choose to invest in a safe, but I think if you want to invest in gold you should have substantial capital and patience to wait for the price change

    I agree with you gold is really a safe investment because the value of gold is just keep on increasing as the time goes by. But bitcoin is also having the same characteristic with gold and so I will going to choose bitcoin. Because here in my country only rich people are the ones who are able to buy gold or unless you inherit that gold.

    but for me bitcoin have higher chance to growing, and i will choose bitcoin as main investmen, gold as jewelry for my wife Roll Eyes
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  • chennan
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    September 12, 2016, 02:43:34 AM
     #5133
    Quote from: Superbitzz on September 11, 2016, 07:57:32 PM
    Quote from: X-ray on September 10, 2016, 12:47:35 PM
    Quote from: BlackPanda on September 10, 2016, 11:05:50 AM
    Quote from: Crazygreek on September 09, 2016, 05:09:55 PM
    Bitcoins is not so trusted and timetested as gold, i am gonna choose gold from this both, but bitcoins is also good, it's just my own opinion. Bitcoins is just new for me.
    for some people who do not dare to take risks then bitcoin not the right choice.
    you need a bit of courage to get more money. investing in gold would only provide security.
    While you will not get a big profit if you invest in gold.
    security have nothing to do with gold even with gold people will easily seeing you as wealthy person rather than bitcoin when you can hide your bitcoin
    and also gold will give you quite big profit if you're investing for long term and there's only low chance to be losing since the price always rising up
    yes that is a fact i am also in favour of bitcoin, i will always like to buy bitcoin instead of gold because there is a big fluctuation in the price of bitcoin as compare to gold. therefore there are always a big chance of making money if the price of bitcoin increase to much.

    Honestly, if you are in it for the potential for increase in price with the ability to buy a lot; I would suggest you to buy silver. 

    Silver has been at stupid low prices for a bit, and it's a nice hedge on the dollar as well, being a precious metal and all. It's probably your best bet to get the best of both worlds if you want something that's really stable and will secure your wealth in a valuable asset and something that has a lot of potential to increase in price; Just my opinion though.
    Coinroll - Bitcoin Dice

  • 8Habits
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    September 12, 2016, 02:58:11 AM
     #5134
    Quote from: trinaldao on September 12, 2016, 02:29:06 AM
    Quote from: batang_bitcoin on September 12, 2016, 01:31:18 AM
    Quote from: uname on September 12, 2016, 01:20:50 AM
    Quote from: d@nte on September 11, 2016, 09:34:44 PM
    Bitcoin, although gold is also a good option for investment, but btc is the future. It is volatile, but still it is trustworthy. After a few years I would be different person owing these btcs.
    I think gold good investment if you choose to invest in a safe, but I think if you want to invest in gold you should have substantial capital and patience to wait for the price change

    I agree with you gold is really a safe investment because the value of gold is just keep on increasing as the time goes by. But bitcoin is also having the same characteristic with gold and so I will going to choose bitcoin. Because here in my country only rich people are the ones who are able to buy gold or unless you inherit that gold.

    but for me bitcoin have higher chance to growing, and i will choose bitcoin as main investmen, gold as jewelry for my wife Roll Eyes


    You hit it there! Smiley bitcoin for investment and gold for jewelry to wife and other loved ones. This is actually the common practice to majority of people. Majority of us tend not to invest into gold and just use it for jewelry, while majority of bitcoin holders use btc for investment and for other online transactions.

  • John Constantine
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    September 12, 2016, 05:47:51 PM
     #5135
    I would prefer to have both, to diversify the investments and to reduce the risks in which I would be exposed. But most of the capital would be invested in Bitcoin, considering the potential returns, which is very promising in my opinion.

  • crairezx20
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    September 12, 2016, 05:55:04 PM
     #5136
    Quote from: John Constantine on September 12, 2016, 05:47:51 PM
    I would prefer to have both, to diversify the investments and to reduce the risks in which I would be exposed. But most of the capital would be invested in Bitcoin, considering the potential returns, which is very promising in my opinion.
    Yeah it is good to choose that both but honestly for poor people like i can not afford to buy gold so i stay at bitcoin since the price of bitcoin is fast moving and we can make a good profit fast.

  • Karartma1
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    September 12, 2016, 05:58:52 PM
     #5137
    Quote from: John Constantine on September 12, 2016, 05:47:51 PM
    I would prefer to have both, to diversify the investments and to reduce the risks in which I would be exposed. But most of the capital would be invested in Bitcoin, considering the potential returns, which is very promising in my opinion.

    This is one of the best approach. I personally do 80/20 per month. I decided an amount to invest and I get 80% in BTC and the rest in Gold.

    By the way, very cool username. I wish I'd thought that before you.

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    September 12, 2016, 06:14:23 PM
     #5138
    Quote from: Karartma1 on September 12, 2016, 05:58:52 PM
    Quote from: John Constantine on September 12, 2016, 05:47:51 PM
    I would prefer to have both, to diversify the investments and to reduce the risks in which I would be exposed. But most of the capital would be invested in Bitcoin, considering the potential returns, which is very promising in my opinion.

    This is one of the best approach. I personally do 80/20 per month. I decided an amount to invest and I get 80% in BTC and the rest in Gold.

    By the way, very cool username. I wish I'd thought that before you.
    That strategy is a good way if you can afford to buy gold.. for me i stay in bitcoin because you can buy bitcoin online in a cheap price.. unlike gold that has stable price..
    Decided to end it with zer0 profit.

  • PacePay
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    September 12, 2016, 09:18:15 PM
     #5139
    Quote from: John Constantine on September 12, 2016, 05:47:51 PM
    I would prefer to have both, to diversify the investments and to reduce the risks in which I would be exposed. But most of the capital would be invested in Bitcoin, considering the potential returns, which is very promising in my opinion.

    If gold is unable to give me that much profit which bitcoin is giving to me then I would not like to invest in gold as it will be useless for me. Instead to keeping in gold I will prefer that fraction to be in fiat. I use gold only for ornament and for investment I will pick for bitcoin.

  • GamingBro
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    September 12, 2016, 09:59:19 PM
     #5140
    Depends on user, somebody like trusted and reliable gold, somebody like young and prosmising currency, my choise is bitcoins cuase i'm also young  Grin
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