Quote from: Pablobiz on August 08, 2018, 06:20:35 AM

Quote from: LeGaulois on August 01, 2018, 01:23:53 AM

Quote from: jrrsparkles on July 31, 2018, 07:46:38 PM

Quote from: Barmalei06 on July 31, 2018, 06:38:04 PM

I believe that bitcoin is underestimated, I do not claim that it should only grow! But I'm sure that the future is for him! crypto currency in general, and bitcoin in particular - this is digital gold, many people still do not understand this. I'm sure that in ten years it will be so.

Stop comparing bitcoin and gold both were different things and why not both can stay in the future? Bitcoin is already the most valued currency of the world but it don't have physical structure whereas the gold is metal and it is considered as the most safest investment so we can't compare them anyways.

Digital gold currency exists as well, you buy some and get a digital certificate proving the ownership. There are just a few issuers since a lot of people considered it as a high-yield investment program and a decade ago fraudulent schemes were really using it and some sprang up and disappeared after some time, people lost millions of dollars in.

But I do agree Gold shouldn't be compared to Bitcoin because both are different investments types

Talking about investments, I think gold and Bitcoin are perfect assets to combine in a anti inflation and crisis resistant portfolio. Gold can be seen as the stable asset while Bitcoin has a way bigger potential, but also more risk.
Your reason for investing could use to be insurance-based to protect your money. In which case, the answer is to diversify. If one fails, others will still have a fighting chance to keep you afloat. All of these have pros and cons, weigh them out, and see what is best for you to protect yourself. I think each have strengths that are valuable and purposeful in such an event.
Furthermore, both could benefit from upcoming global unrest and recession.

Yeah they do serve as good balancers to each other. The thing I don't like about gold is how easily manipulated it is by big investors. Banks don't even print paper when money comes into it. They just put it into their pockets and loan it out to other customers for a huge profit.

Physical gold can be quite useful, but it's not exactly practical to have in large amounts. A good portfolio would have a combination of both physical and paper. Bitcoin is more adaptable and able to be used in a variety of situations.