Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Amph
on 20/07/2015, 18:39:26 UTC
Gold is shiny and looks pretty if your that type of character where you fund happiness and comfort from physical stuff lke gold then it is better for you

Gold is always better if you compare it with bitcoin. As people have more faith in gold and it is more popular as compared to the bitcoins. So people would prefer more to invest in gold especially the older generation as they don't know anything about the bitcoins.

Gold is just win only thing from bitcoin. That is its stable price, others than that bitcoin win it for sure. Bitcoin is just the same as gold if you compared it by the price, gold has a stable price which is good for a long investment besides bitcoin has a volatile price and you can get profit from it everyday if you know how to manage it. Both if them are sure profitable

you call this a stable price? http://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

look from 2000 to 2015 basically gold returned to its primarely value, after an ath of more than 2k, a loss of almost 85%

from 350 to 1600 to today price in 15 years only, not very different than what bitcoin is doing right now...

the stability of gold is overrated

But with this price lately gold is more stable if you compared it to bitcoin, bitcoin just in a few minutes it will up and down like crazy. That is why people are more likely saving gold. But thanks you for giving a great information

i agree that bitcoin is more unstable in the short term, there are more small swings, because of the many shorters, but on the long term both share the same instability