Post
Topic
Board Economics
Re: Bitcoin or gold?
by
Mumbeeptind1963
on 12/07/2016, 21:58:55 UTC
BitCoin is not as reliable as gold (since it's relatively a new) if I want to invest a lot of money on one. I would rather invest in gold since there's a guarantee that the prices of gold will rise in the upcoming years.

I guess you said gold is more reliable because of the stable price and it is a long term investment but bitcoin still in a labile time because of the volatile price, if one day bitcoin has a stable price Im sure that no one can compare to bitcoin again and bitcoin will be threat to fiat

Bitcoin now is more reliable than gold why? Bcoz if u have a lot of bitcoin you can buy a lot of gold. But if u have a gold do think you can use that to buy anything u want? I think no do sell your gold to make it cash but if you have a bitcoin you can use it to buy anything. So that bitcoin is more reliable to me. Bitcoin now getting higher so i do invest in bitcoin.