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Author Topic: Bitcoin or gold?  (Read 984566 times)
foxbat
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July 12, 2017, 02:06:00 AM
 #8301

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I would choose Bitcoin because I think Bitcoin will grow in 10 years time. Meanwhile, the price of gold is too stable so I think the profit earned from gold in 10 years is not much. Therefore, investing in Bitcoin is a bit risky and risky, but the profit made after 10 years is extremely large
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July 12, 2017, 02:26:24 AM
 #8302

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I would choose Bitcoin because I think Bitcoin will grow in 10 years time. Meanwhile, the price of gold is too stable so I think the profit earned from gold in 10 years is not much. Therefore, investing in Bitcoin is a bit risky and risky, but the profit made after 10 years is extremely large

You can't say that the returns from gold during the last 10 years was low. Check the historic prices. In 2007, the price of gold was $695 per oz, which went up to around $1,800 per Oz. in 2012. So it will be wrong to say that the returns from gold were low.

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July 12, 2017, 02:30:41 AM
 #8303

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I would choose Bitcoin because I think Bitcoin will grow in 10 years time. Meanwhile, the price of gold is too stable so I think the profit earned from gold in 10 years is not much. Therefore, investing in Bitcoin is a bit risky and risky, but the profit made after 10 years is extremely large
We should go on what we believe, I believe in bitcoin as well and I think 10 years from now we can already see a great improvement.
Let's still be responsible in investing because there is a bigger risk despite most of the investors are optimistic bitcoin can bring success in the future.
Believe in yourself that you are making the right decision but continue to update to educate yourself on the recent news since this affects the market.

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July 12, 2017, 03:41:01 AM
 #8304

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I would choose Bitcoin because I think Bitcoin will grow in 10 years time. Meanwhile, the price of gold is too stable so I think the profit earned from gold in 10 years is not much. Therefore, investing in Bitcoin is a bit risky and risky, but the profit made after 10 years is extremely large
We should go on what we believe, I believe in bitcoin as well and I think 10 years from now we can already see a great improvement.
Let's still be responsible in investing because there is a bigger risk despite most of the investors are optimistic bitcoin can bring success in the future.
Believe in yourself that you are making the right decision but continue to update to educate yourself on the recent news since this affects the market.
I don't know what will happen after 10 years with me or with Bitcoin, my eyes are always on governement regarding bitcoin news , is government will adopt Bitcoin as legal currency or as illegal. But in sense of of gold its legal and can use without problem.
If government's will accept Bitcoin as legal currency then it will great opportunity to earn good money.
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July 12, 2017, 04:25:34 AM
 #8305

I will invest in bitcoin for short term and in gold for a long term as gold has more faith from people and it will surely survive in future and will try to make profit from bitcoin till its alive without depending on it for a long term.

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July 12, 2017, 11:03:45 AM
 #8306

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.

I would choose Bitcoin because I think Bitcoin will grow in 10 years time. Meanwhile, the price of gold is too stable so I think the profit earned from gold in 10 years is not much. Therefore, investing in Bitcoin is a bit risky and risky, but the profit made after 10 years is extremely large

You can't say that the returns from gold during the last 10 years was low. Check the historic prices. In 2007, the price of gold was $695 per oz, which went up to around $1,800 per Oz. in 2012. So it will be wrong to say that the returns from gold were low.

That's cherry picking at its best

For example, why did you take the year 2012 when gold had been at an ATH price (in nominal prices), and not this year, when gold is barely above 1,200 dollars per ounce, which is more than 30% less? Further, if we make corrections for dollar inflation, it will turn out that gold prices peaked as back as 1980, i.e. more than 35 years ago. Cherry picking is never good if you are looking for real data and making well-informed decisions



Are you still going to claim that gold returns are worth it long-term wise?

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July 12, 2017, 01:57:09 PM
 #8307

Are you still going to claim that gold returns are worth it long-term wise?

Can we have a similar chart comparing the returns from DOW JONES to that from gold? I am sure that the stock markets gave better returns compared to bullion, and in the future also this scenario is going to prevail.
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July 12, 2017, 02:27:35 PM
 #8308

Bitcoin of course. You can't sell your gold immediately right?
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July 12, 2017, 03:05:49 PM
 #8309

I choose both, because bitcoin price now in the market was declining, while gold is fluctuating fair. Moreover this both had a high ability and potential to the market.
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July 12, 2017, 04:15:40 PM
 #8310

I also choose both but, gold doesn't have liquidity. Doesn't at all.
But bitcoin is quite easy to sell and buy. So I prefer bitcoin over gold!
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July 12, 2017, 04:19:09 PM
 #8311

It seems to me that there is no single answer to this question. My opinion is that to earn the income you need using bitcoins and to store all that you need to have earned gold. This tactic of course will reduce the amount of your current assets, but will protect savings.
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July 13, 2017, 04:30:41 AM
 #8312

I also choose both but, gold doesn't have liquidity. Doesn't at all.
But bitcoin is quite easy to sell and buy. So I prefer bitcoin over gold!
Yes true, both is good and had the advantages of a profitable investment, gold is the most secure and profitable investment today is bitcoin. I will give same portion for both.


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July 13, 2017, 04:48:49 AM
 #8313

If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
For me I will choose bitcoin because it has a high increase in price as time getting older. I like bitcoin more than gold.
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July 13, 2017, 08:03:03 AM
 #8314

Had fallen a few years ago, the value of cryptocurrency aka Bitcoin digital currency has now climbed. For the first time, the value of Bitcoin beat gold.
At the end of last week, the value of "sekeping" Bitcoin recorded touching the figure of 1238.11 US dollars or more than Rp 16.4 million, according to Bitcoin Price Index (BPI) and Coinbase.
For comparison, the price of gold is known at 1,237.73 US dollars per troy ounce (oz) at the same time.
Bitcoin itself is known to often experience high fluctuations. In 2013, Bitcoin had reached the range of 1,000 US dollars per chip (unit, 1 Bitcoin). But the value then continues to decline to stay 200 US dollars in mid-2015.
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July 13, 2017, 10:28:37 AM
 #8315

The first instinct is to say gold!
But when you start thinking , the idea of potential value in 10 years for btc is incredible.

So I would say about 80/20 gold/btc.

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July 13, 2017, 11:11:40 AM
 #8316

I would recommend both. 50% for gold and 50% for bitcoin. To clarify, bitcoin is unpredictable in terms of price growth. It can increase higher tomorrow, and it can decrease the day after tomorrow as well as gold. Both of them have high prices, and if you want to get much money, do not rely on one thing. Imagine if you put your wealth on gold, then the price went down, you will lose profits. But if you put it on both bitcoin and gold, there is a higher percentage of your success. At least, you'd win one of them, either gold or bitcoin.
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July 13, 2017, 11:16:54 AM
 #8317

If I think bitcoin, because bitcoin can be searched through giveaway and faucet. But if the gold had to be bought ^ _ ^
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July 13, 2017, 02:14:18 PM
 #8318

I also choose both but, gold doesn't have liquidity. Doesn't at all.
But bitcoin is quite easy to sell and buy. So I prefer bitcoin over gold!
Yes true, both is good and had the advantages of a profitable investment, gold is the most secure and profitable investment today is bitcoin. I will give same portion for both.
yes both are good, no doubt that i think those people who want to make money and increase their assets they will certainly choose bitcoin. bitcoin trading bitcoin can give you a good profit in a short time that we cannot get from gold in such a short period of time.
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July 13, 2017, 07:43:50 PM
 #8319

If I think bitcoin, because bitcoin can be searched through giveaway and faucet. But if the gold had to be bought ^ _ ^
LOL. I can also give away gold for free if I have money dude Wink Wait.. This is 2017, boy. Not 2010 anymore. You can not earn a good amount of bitcoin on the internet with faucet anymore. Actually, you can never reach 1 bitcoin if you only spend your time on faucet. It is ridiculous and waste of time. You should apply in fast food store because they will even give you a higher salary than those stupid faucets
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July 13, 2017, 10:08:17 PM
 #8320

If you really worry about EMP FUD then you should care about it but ..
EMP would mean that all your country is fucked up and nor gold nether BTC will help you survive war...
And when you have to leave country is easier make it with BTC than gold.
Gold is easy to take away from you same time BTC bip39 or bip41 are preaty safe and can have your BTC brain wallet.

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