Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Anony
on 27/06/2015, 10:29:21 UTC
In my opinion bit coin has all the properties of gold plus extra which just improves it.

Nope, bitcoin is winning about its technology, and the speed of transcation and yes the volatile price Grin and there is nothing else


It is difficult to change the of people to invest in bitcoins either invest in gold.
Both have their own values ,bitcoins need support mainly due to market demand,increased investments and network effect.
Similarly, gold has set a standard in the economy and it is going to maintain it in the future too.
On comparing, Bitcoin is ideal for everyday transaction and gold is still important in rebuilding the economy. Grin

Its true both of them have their own values, but gold is kind of promising investment if you compared to bitcoin. I dont know what people said about bitcoin but what I do know is bitcoin is just some kind of short investment but gold is a long investment. I didnt say you can't invest both, may be you can diversify it but you must take a deep closer look which one is really worth to invest


Investment in bitcoin may be future plan.It is not suceed yet .Bitcoin at early stage have drawbacks,its difficult to convey people to invest in bitcoin .
now bitcoin is popular in business ,corporate world.
It is worth of keeping bitcoins for short time investment.