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

    • OrangeII
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    November 27, 2016, 04:08:44 PM
     #6061
    Quote from: verdun2003 on November 27, 2016, 03:59:55 PM
    I would like to have both. They are both increasing in value as time passes. But for now, what I wanted is to have/gain more bitcoins in my btc wallet. When I have lots of bitcoins I'll invest/buy golds too. 
    yes, both are likely to generate a lot of money especially in bitcoin. however, if I have both, I will only focus on developing a bitcoin, because with bitcoin, we might be able to develop in number in the not too long, even in the time it can be said quickly. in contrast to gold, which requires a long time until you can enjoy the results
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  • CyberKuro
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    November 27, 2016, 04:10:17 PM
     #6062
    Quote from: Positid on November 27, 2016, 10:58:28 AM
    Quote from: ArdiPrabowo on November 27, 2016, 10:46:38 AM
    Quote from: robiulawal on November 26, 2016, 04:27:39 PM
    Don't keep all your money in one bucket..
    Why should I?
    Depends on time what should I do.
    But if you say I will keep that on Gold..
    Bitcoin is banned from many countrries and still
    it's new.
    It can be banned forever or either live over the world.
    .
    But gold has its value..


    bitcoin still anonymous, is baned you can use another IP in outside your country
    you want exchange fiat money, international exchange support all country in the world
    so your affraid is not strong to reason

    gold is very slow incraese in price except your online trading in meta trader4 so gold is waves price is very high
    It's definitely the other idea, the fact that we can still use our bitcoin when it's ban but where are we gonna exchange our bitcoins for fiat. When it's ban, they will definitely ban the exchange sites and businesses will not accept bitcoin as well.

    That's worse case if happen, but it won't never happen due to bitcoin not an illegal activities and has positive impacts to many people and connected to worldwide business, I mean almost in every country have bitcoin basis business. There are regulation for bitcoin of course, especially for exchanges and it already done and decided as good thing, it's just a currency right.
    I will choose to store my money into bitcoin and gold, both of it has it own advantages. why we should spar to compare which one if we could have all of them.

  • mikecgna
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    November 27, 2016, 04:14:47 PM
     #6063
    Bitcoin can be proud of. In the first six months of 2016 the volume of trading on Bitcoin exchanges kriptovalyutnyh Brazil exceeded similar indicators of cash gold at the Stock Exchange of São Paulo (BM & F BOVESPA).

  • d-trixx
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    November 27, 2016, 04:45:20 PM
     #6064
    Quote from: OrangeII on November 27, 2016, 04:08:44 PM
    Quote from: verdun2003 on November 27, 2016, 03:59:55 PM
    I would like to have both. They are both increasing in value as time passes. But for now, what I wanted is to have/gain more bitcoins in my btc wallet. When I have lots of bitcoins I'll invest/buy golds too. 
    yes, both are likely to generate a lot of money especially in bitcoin. however, if I have both, I will only focus on developing a bitcoin, because with bitcoin, we might be able to develop in number in the not too long, even in the time it can be said quickly. in contrast to gold, which requires a long time until you can enjoy the results
    Globally, gold trading volume is still considerably higher than Bitcoin performance. Therefore, we can conclude that the registration of a Bitcoin occur only in the broken country, and can not speak about the indiscriminate implementation. Thus wins gold.

  • sourris01
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    November 27, 2016, 05:14:00 PM
     #6065
    Quote from: CyberKuro on November 27, 2016, 04:10:17 PM
    Quote from: Positid on November 27, 2016, 10:58:28 AM
    Quote from: ArdiPrabowo on November 27, 2016, 10:46:38 AM
    Quote from: robiulawal on November 26, 2016, 04:27:39 PM
    Don't keep all your money in one bucket..
    Why should I?
    Depends on time what should I do.
    But if you say I will keep that on Gold..
    Bitcoin is banned from many countrries and still
    it's new.
    It can be banned forever or either live over the world.
    .
    But gold has its value..


    bitcoin still anonymous, is baned you can use another IP in outside your country
    you want exchange fiat money, international exchange support all country in the world
    so your affraid is not strong to reason

    gold is very slow incraese in price except your online trading in meta trader4 so gold is waves price is very high
    It's definitely the other idea, the fact that we can still use our bitcoin when it's ban but where are we gonna exchange our bitcoins for fiat. When it's ban, they will definitely ban the exchange sites and businesses will not accept bitcoin as well.

    That's worse case if happen, but it won't never happen due to bitcoin not an illegal activities and has positive impacts to many people and connected to worldwide business, I mean almost in every country have bitcoin basis business. There are regulation for bitcoin of course, especially for exchanges and it already done and decided as good thing, it's just a currency right.
    I will choose to store my money into bitcoin and gold, both of it has it own advantages. why we should spar to compare which one if we could have all of them.
    If you follow the information Forklog, where British intelligence broker IG Group suggest that by December 2016 the value of Bitcoins may rise to $ 900, then it is a clear advantage for investing in Bitcoin, rather than in gold.

  • moonya
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    November 27, 2016, 05:50:35 PM
     #6066
    Quote from: TheGodFather on November 27, 2016, 03:02:28 AM
    Quote from: Omura on November 26, 2016, 05:50:58 PM
    I would choose Bitcoin because I believe it has more potential for growth than gold

    But I do agree with other people who say gold is a safer investment
    yes gold is a safer investment to start because when the time flies by the price of gold will be raise eventually and like land you could use it as a collateral and it could raise it price in the future thats why i now preffered gold than bitcoins but investing in bitcoins is worth it too because you could make it grow. its up to you how. Smiley
    Prices for gold and Bitcoin course set new highs after the next meeting of the US Federal Reserve, on the basis of which the US central bank left the key rate unchanged and declared that plans to improve it is a big question. Thus it seems to me that Bitcoin and gold marching side by side, do not have the advantages of each other.

  • South Park
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    November 27, 2016, 05:50:48 PM
     #6067
    Quote from: deadpoolx on November 26, 2016, 07:05:35 PM
    Quote from: SmartIphone on September 25, 2016, 02:40:00 PM
    We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
    Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.
    Surely we are in the path to mass adoption of Bitcoin, but there are many factors in scene. Bitcoin needs to find a definitive solution for scaling, there are several possibilities, but due to diverse opinions regarding the path to be taken, the future is uncertain. For this reason I think that diversification, by investing in both assets, can help the investor to stay on a safer ground.
    Diversification will help you in reducing your risk but most successful persons took risks so personally I prefer to take my chances with bitcoin, I'm not going to put all my money in bitcoin or anything like that but I will put a bigger weight behind it.

  • richardsNY
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    November 27, 2016, 06:08:33 PM
     #6068
    Quote from: South Park on November 27, 2016, 05:50:48 PM
    Quote from: deadpoolx on November 26, 2016, 07:05:35 PM
    Quote from: SmartIphone on September 25, 2016, 02:40:00 PM
    We are living in a time where everything is going in digital and because of this I prefer more bitcoin rather than gold.
    Even though the risk is much higher in bitcoin rather than in gold because bitcoin is newer in the market.
    Surely we are in the path to mass adoption of Bitcoin, but there are many factors in scene. Bitcoin needs to find a definitive solution for scaling, there are several possibilities, but due to diverse opinions regarding the path to be taken, the future is uncertain. For this reason I think that diversification, by investing in both assets, can help the investor to stay on a safer ground.
    Diversification will help you in reducing your risk but most successful persons took risks so personally I prefer to take my chances with bitcoin, I'm not going to put all my money in bitcoin or anything like that but I will put a bigger weight behind it.

    Diversifying isn't always working as you might think. Mainly because some people tend to exaggerate with the number of different investment options. I think if you just stick to Bitcoin and a small percentage of Gold, that it will be more than enough. No need to have investments in stocks, Bitcoin, Gold, properties and you name it. Best is to focus only on 1 and at most 2 investments at the same time. Your attention is exactly there where it must be.

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    November 27, 2016, 06:10:44 PM
     #6069
    Quote from: South Park on November 27, 2016, 05:50:48 PM
    Diversification will help you in reducing your risk but most successful persons took risks so personally I prefer to take my chances with bitcoin, I'm not going to put all my money in bitcoin or anything like that but I will put a bigger weight behind it.

    It is true that those who became successful took a lot of risks to reach there. But at the same time, you should analyze whether you are capable of undertaking such a risk. You need to calculate how much you will lose if something goes wrong, and how you will be able to move on after that.
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    November 27, 2016, 06:17:15 PM
     #6070
    Quote from: Sithara007 on November 27, 2016, 06:10:44 PM
    Quote from: South Park on November 27, 2016, 05:50:48 PM
    Diversification will help you in reducing your risk but most successful persons took risks so personally I prefer to take my chances with bitcoin, I'm not going to put all my money in bitcoin or anything like that but I will put a bigger weight behind it.

    It is true that those who became successful took a lot of risks to reach there. But at the same time, you should analyze whether you are capable of undertaking such a risk. You need to calculate how much you will lose if something goes wrong, and how you will be able to move on after that.
    Yeah rightly said,taking risk is a dangerous thing and depends upon the situation and stage of life in which a person is.Calculated risk is the way to do it and i also believe in divesification to limit the loss.So yes why not both,no need to choose only one.

  • markj113
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    November 27, 2016, 06:21:40 PM
    Last edit: November 27, 2016, 06:38:20 PM by markj113
     #6071
    For some reason some people here think that bitcoin only goes up and seem to forget this, for 2 years of its 5 year life span Bitcoin went no where but down :



    Bitcoin was and remains a high risk investment, many of those saying they are all in on bitcoin are probably just investing their pocket money.  If you are talking about substantial sums of cash to invest diversification is a must.

    The above happened before a similar crash could easily happen again.

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    November 27, 2016, 06:31:13 PM
     #6072
    Quote from: deisik on November 27, 2016, 11:11:26 AM
    In fact, gold prices have never been stable. Recently, the price has been slowly but surely declining:



    In the last half-year gold lost almost 15% of its value, from $1,366 in this July down to $1,183 per troy ounce today. Some are claiming that gold might eventually drop to 850-650 dollars, though I don't really believe it can fall significantly below the $1,000 mark due to powerful support from the gold bugs around that level...

    In any case, to think of gold prices as something rock solid has more to do with wishful thinking than harsh reality

    I would not regard a 2 month period a reasonable investment timeframe as you show in your chart above.  I also still believe the fundamentals for gold are very strong in the mid term when you consider world debt, increase in money supply and the turmoil across the globe that feeds gold price.

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    November 27, 2016, 06:45:42 PM
     #6073
    Quote from: markj113 on November 27, 2016, 06:21:40 PM
    For some reason some people here think that bitcoin only goes up and seem to forget this, for 2 years of its 5 year life span Bitcoin went no where but down :



    Bitcoin was and remains a high risk investment, many of those saying they are all in on bitcoin are probably just investing their pocket money.  If you are talking about substantial sums of cash to invest diversification is a must.

    The above happened before a similar crash could easily happen again.
    I think it can be happen this following year. maybe in the future if there is some issue happen in the network..
    Since we are always heard news about bitcoin like in paris and segwit i think the price of bitcoin will still increase more soon or this following year if more adoption will come..
    The crash before is just panic sell and overprice or value of bitcoin that is why the price is crash fast.. but now we are gradually increase and i think more price will come this following year if the price touch back in 1k value i think it can be stay long in this level and more price will come..

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    November 27, 2016, 06:50:51 PM
     #6074
    On the last 2 years i doubt gold has achieved what bitcoin made, it went from 200-300 dollars to 600-700 dollars, and the potencial of bitcoin remains, and looks like all years bitcoin is getting bigger, atleast on those period bitcoin has just achieved bigger values, something that with gold you arent getting for such. Bitcoin has becames the best investment of the last years, gold has a huge interest, but the results are worse then bitcoin.

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    November 28, 2016, 04:27:11 AM
     #6075
    Quote from: Rinder on November 27, 2016, 06:50:51 PM
    On the last 2 years i doubt gold has achieved what bitcoin made, it went from 200-300 dollars to 600-700 dollars, and the potencial of bitcoin remains, and looks like all years bitcoin is getting bigger, atleast on those period bitcoin has just achieved bigger values, something that with gold you arent getting for such. Bitcoin has becames the best investment of the last years, gold has a huge interest, but the results are worse then bitcoin.
    You have a good point but that's not the way to compare it, sure that bitcoin has a good achievement for the past two years but in overall it's not impressive unlike gold which has been very stable in the as of now, we can't compare using only the time when it's progressive.
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  • pooya87
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    November 28, 2016, 05:55:39 AM
     #6076
    Quote from: Rinder on November 27, 2016, 06:50:51 PM
    On the last 2 years i doubt gold has achieved what bitcoin made, it went from 200-300 dollars to 600-700 dollars, and the potencial of bitcoin remains, and looks like all years bitcoin is getting bigger, atleast on those period bitcoin has just achieved bigger values, something that with gold you arent getting for such. Bitcoin has becames the best investment of the last years, gold has a huge interest, but the results are worse then bitcoin.

    it is not just about the profit and what you see "now" but instead it is about what you could see a year ago. could you say with absolute confidence that bitcoin price will go from $200 to $700? of course not just the same way you can not say in a year from now price is going from $700 to $1200 that is why there are different investments like gold which you have to think about for more security and stability.

  • sobsitesearch
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    November 28, 2016, 06:15:16 AM
     #6077
    Quote from: pooya87 on November 28, 2016, 05:55:39 AM
    Quote from: Rinder on November 27, 2016, 06:50:51 PM
    On the last 2 years i doubt gold has achieved what bitcoin made, it went from 200-300 dollars to 600-700 dollars, and the potencial of bitcoin remains, and looks like all years bitcoin is getting bigger, atleast on those period bitcoin has just achieved bigger values, something that with gold you arent getting for such. Bitcoin has becames the best investment of the last years, gold has a huge interest, but the results are worse then bitcoin.

    it is not just about the profit and what you see "now" but instead it is about what you could see a year ago. could you say with absolute confidence that bitcoin price will go from $200 to $700? of course not just the same way you can not say in a year from now price is going from $700 to $1200 that is why there are different investments like gold which you have to think about for more security and stability.
    For me i choose the investment that i can only afford which is bitcoin i like the way that bitcoin price is not stable i take it advantage in trading method which is can not do in gold but in stability of value ill go for gold the value was not decreasing.

  • goldcoinminer
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    November 28, 2016, 06:37:48 AM
     #6078
    Quote from: pooya87 on November 28, 2016, 05:55:39 AM
    Quote from: Rinder on November 27, 2016, 06:50:51 PM
    On the last 2 years i doubt gold has achieved what bitcoin made, it went from 200-300 dollars to 600-700 dollars, and the potencial of bitcoin remains, and looks like all years bitcoin is getting bigger, atleast on those period bitcoin has just achieved bigger values, something that with gold you arent getting for such. Bitcoin has becames the best investment of the last years, gold has a huge interest, but the results are worse then bitcoin.

    it is not just about the profit and what you see "now" but instead it is about what you could see a year ago. could you say with absolute confidence that bitcoin price will go from $200 to $700? of course not just the same way you can not say in a year from now price is going from $700 to $1200 that is why there are different investments like gold which you have to think about for more security and stability.
    Bitcoin offers great reward, however it's risky as well. If one has invested this year, he could have doubled his money as this year was really great for our investment. I can say bitcoin is for the people who are willing to take risk while gold are those who want to play safe.

  • stark101
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    November 28, 2016, 06:50:37 AM
     #6079
    Why should a person compare the bitcoin between gold. Well, since it is a question i would rather to answer it. Actually both bitcoin and gold has many benefits that can we get from it. In bitcoin, for me there is such an investment opportunity that currently exist. It is very exciting investment opportunity that can be used in the reality. Gold is rare, BUT bitcoin is more rarer than gold.

  • arseaboy
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    November 28, 2016, 07:37:17 AM
     #6080
    Quote from: goldcoinminer on November 28, 2016, 06:37:48 AM
    Quote from: pooya87 on November 28, 2016, 05:55:39 AM
    Quote from: Rinder on November 27, 2016, 06:50:51 PM
    On the last 2 years i doubt gold has achieved what bitcoin made, it went from 200-300 dollars to 600-700 dollars, and the potencial of bitcoin remains, and looks like all years bitcoin is getting bigger, atleast on those period bitcoin has just achieved bigger values, something that with gold you arent getting for such. Bitcoin has becames the best investment of the last years, gold has a huge interest, but the results are worse then bitcoin.

    it is not just about the profit and what you see "now" but instead it is about what you could see a year ago. could you say with absolute confidence that bitcoin price will go from $200 to $700? of course not just the same way you can not say in a year from now price is going from $700 to $1200 that is why there are different investments like gold which you have to think about for more security and stability.
    Bitcoin offers great reward, however it's risky as well. If one has invested this year, he could have doubled his money as this year was really great for our investment. I can say bitcoin is for the people who are willing to take risk while gold are those who want to play safe.
    Bitcoin is a good for more investment not only for long term but also through daily profits.. it's more risky just like in trading.. but if you're good at it definitely you'll get more savings in the future. Gold is also good but only for long term investment and less risks.
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