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Author Topic: Bitcoin or gold?  (Read 984566 times)
trickee
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November 13, 2017, 09:25:57 AM
 #9681

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 think both,but gold is for lifetime investment.
bitctrimor1
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November 13, 2017, 09:28:20 AM
 #9682

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 do agree with your point that bitcoin and gold, nowadays, have become comparable because of its price point and value. However, I could say that gold would still be the option here because it has been in the market and its value has been proven for many many years. I could say that it is the safer choice, because no one knows how bitcoin will be in the next 10 years or so, as supposed to gold that has proved its value already.

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noracortez
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November 13, 2017, 09:36:40 AM
 #9683

Bitcoin is the future... and at this moment it's the best. Why would you buy gold?..Seriously  Lips sealed
jepoyr1
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November 13, 2017, 09:58:02 AM
 #9684

Gold can be made from brown beer bottle glass in a microwave. People have been doing it for years now. The electrons change the glass into gold and other precious metals. Some companies and governments probably makes tons of gold this way secretly. Then they tell you it's rare which is a lie. Precious metals are a scam.
megynacuna
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November 13, 2017, 09:59:14 AM
 #9685

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 think both,but gold is for lifetime investment.

You can diversify your investment if you are uncertain about the future but if you were to be me i will go all pout on bitcoin because  it is definitely bound to succeed and wont look left or right before i consider investing fully into bitcoin.
Kayla
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November 13, 2017, 02:29:28 PM
 #9686

I will choose bitcoin to convert all my wealth. As I believe that keeping bitcoin for next ten years will give more profits than keeping gold for such a time. Physically if we keep bitcoin,  we won't be afraid of any damages. However if we keep gold, we may be afraid of its physical damage.

Takelerem
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November 13, 2017, 02:43:38 PM
 #9687

Obviously bitcoin because bitcoin will make you more money by doing nothing and gold doesn't do anything it just looks nice but that is about it. That it has a high value doesn't matter because it is still the same worth as you sell it. But with bitcoin you just need to wait a month and can make profit.
Inarantyio96
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November 13, 2017, 02:45:33 PM
 #9688

Gold is not that good to buy because there is not much you can get with it. Bitcoin has the ability to make money out of itself by doing nothing and let some investors do their business. I think that it is the easiest way to get yourself money.
cheann20
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November 13, 2017, 02:50:38 PM
 #9689

I would probably go 60% bitcoin 40% gold.   I think bitcoin definitely has more potential upside to go to astronomical prices, but gold will always remain as a valuable store of money.  Coincidentally, I think a lot of people have transitioned into investing into precious metals after investing in bitcoin, and vice versa.   I for one, was not invested in gold before bitcoin (but I have other investments).   I am definitely now going to purchase and hold some gold and silver bars.

Yes agreed, i think the bitcoin is the most. Becuase bitxoin is a lot of potential to be the one of rhe most pawerfull coin in the word, so i am still willing to keep bitcoin becuase i know his price will fo to the moon. Not now but we know someday. Bitcoin is the best rhan gold
Dr.Osh
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November 13, 2017, 02:51:54 PM
 #9690

I will choose bitcoin to convert all my wealth. As I believe that keeping bitcoin for next ten years will give more profits than keeping gold for such a time. Physically if we keep bitcoin,  we won't be afraid of any damages. However if we keep gold, we may be afraid of its physical damage.
in fact, gold will not affect even physically damaged, because gold is still gold. well, but for now, bitcoin is still the number one investment tool I know. well, the increase and decrease in the price is so remarkable in giving a profit.

 
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AleksBozhinov
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November 13, 2017, 03:19:41 PM
 #9691

Bitcoin has hit three speed bumps in its market perception and evolution. None of these present a serious impediment to long-term adoption and growth:

First, it was the perception that cryptocurrency was a tool of crime, vice or tax evasion. This proved to be a false perception.

Then, it was the mismanagement and/or insolvency of exchanges and hosted wallet services. One might expect such events before the emergence of standards & practices and trusted accreditation bureaus. In any event, they are moot to early adopters that understand the tools.

And now there exists a ‘forking crisis’ which is a result of a reduced mining reward, increased computational complexity and differences of opinion about solving transaction problems that are not really so hard to resolve.
falafelnut
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November 13, 2017, 03:47:02 PM
 #9692

Both will end someday.
But gold is a gold, while BTC depends on elecrticity
Techcodes
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November 13, 2017, 04:13:57 PM
 #9693

Bitcoin is the better choice because bitcoin will keep increasing in value and the value will keep rising because bitcoin is a unstable coin. That is also the reason that a lot of people invest in bitcoin because they can make a lot of money out of bitcoin. But you can't make any with gold.
AriannaSantosUU
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November 13, 2017, 04:21:10 PM
 #9694

The better choice is to have both bitcoin and gold. They are both valuable in the market. You are so lucky to have that two in you. But if you can't have the gold now, better start getting the bitcoin before it's too late.
Dapallo
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November 13, 2017, 04:45:27 PM
 #9695

Gold is maybe nice in your house/villa, but it can easily get stolen. If you have a new computer and installed a wallet on there it maybe 100% safe from hackers.

Thieves can try to break in your house so they can easily steal that gold of yours.

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Raefven
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November 13, 2017, 04:48:53 PM
 #9696

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 think both,but gold is for lifetime investment.
Gold is a stone that has been used as a form of wealth. If someone had gold that meant that he was rich but now i think that if you have bitcoin you are richer than any of the guys who buy gold. Because a lot of people invest in bitcoin and not in gold.
Paultron
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November 13, 2017, 05:09:04 PM
 #9697

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 think both,but gold is for lifetime investment.
Gold is a stone that has been used as a form of wealth. If someone had gold that meant that he was rich but now i think that if you have bitcoin you are richer than any of the guys who buy gold. Because a lot of people invest in bitcoin and not in gold.

I agree with bitcoins you can maybe get a lot of richer instead buying gold with it. It has also the possibility to lose all of your money so be alert and beware.

I don't think that btc will fall that easily.
DIMKAZDS
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November 13, 2017, 05:54:06 PM
 #9698

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 think that you should invest in both as both of them will strengthen different aspects of your portfolio. Bitcoin, being one the fastest growing investments in the world will increase the rate of growth of toe portfolio and gold, being the most popular investment in the world will make your investment more stable in the long run. This diversification can help you eanr higher profits in less time.
Tamim121
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November 13, 2017, 06:40:08 PM
 #9699

Bitcoin and gold are not same. There are differency in functions. I don't know whether we can compare gold and bitcoin. Bitcoin is a digital and technical currency, bitcoin should be used for expenses. Beside, gold is an investment asset, for which the main function of gold is the protection of wealth. We can said that Bitcoin can be used for protecting the wealth also.

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saqibmunir
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November 13, 2017, 07:10:13 PM
 #9700

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 think both,but gold is for lifetime investment.
will not classify gold as a depreciating asset. And I have strong reasons to believe that the gold price will increase in the near future. Right now, the biggest consumers of gold are China , India and usa. In India, it is mostly used to make gold jewelry. As the living standards improve there, the demand for gold jewelry will also increase. And don't forget that India is having a population of 1.3 billion. The surge in demand is going to be astronomical
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