Ninjastic
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Board Economics
Re: Bitcoin or gold?
by
naidray
on 30/06/2017, 13:05:13 UTC
Quote from: jvdp on June 28, 2017, 02:22:36 PM
Quote from: Eminem23 on June 28, 2017, 10:48:49 AM
Quote from: stickynote on June 28, 2017, 08:01:52 AM
Quote from: tkbx on March 09, 2014, 06:21:54 PM
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.

gold  because it is tested and proven that through the years its value goes up.And for the security of my wealth to be conveted i go for gold.

Today, gold is reliable, but tomorrow it can depreciate. The same can happen with bitcoin. There is no guarantee that your assets will be saved in ten years, if they are stored in gold or bitcoin. It is necessary to constantly analyze the situation in the market and invest in different assets


I won't agree this. Gold rate May vary .But bitcoin Not.Why because ,think the cost of bitcoin on 2012 and  today.You find the answer. Bitcoin Price is keeps on increasing due to increasing of bitcoin users.For gold and all we should need lockers to protect. But  here no need of that.We can inverse our money in bitcoin then gold.
Yeah this could be a good reason that bitcoin price is increasing but we also need to remember that the investment in gold will not let you face such a huge loss as we face in bitcoin. Bitcoin is good for a long term investment in short term one may face losses but in a long rage I guess bitcoin is much better.

The simple reason is that bitcoin price increases with the increase in the users and no doubt bitcoin users are increasing and will keep on increasing.