Topic: 1BTC or 1oz of Gold. Which one would you take? - page 3. (Read 5911 times)
I take gold and buy some bitcoin at lowest price i can get
I will choose the gold, gold price is BTC several times. Even though the currency has a great appreciation of space, I can sell the gold buying several BTC 
When it comes to increasingly long timeframes, anything digital is simply no competition to physical value, no matter what anyone wants to tell you otherwise (i.e. "as good as gold").
That's the advantage of being an older generation, over time you learned what value really means.
That's the advantage of being an older generation, over time you learned what value really means.
+1000 Great post.
That's only because physicalness has implied scarcity. If tomorrow FTL space travel were invented and super cheap and we discovered a million earths rich in resources and suddenly physicality was as cheap and plentiful as digital things, then the "real value" of being physical would diminish almost completely.
That's basically true to some extend (but it would still have to be mined somewhere and the FTL travel to there&back would have to be basically 0-cost) - but what are the odds any of that happening in your lifetime?
I'd say for the next 100 years any of these possibilies are fairly close to 0 - all combined definitely a full plain 0.
When basing investment decisions on factors, I'd rather choose realistic factors going into that decision. But that's just me.
(I even assume mankind would rather bomb itself back to the stone age than unite as a civilization and go all-in to discover deep space)
Take the gold, sell it for a bitcoin, 2 pounds of gold, and a relatively nice chunk of spending money left over.
I'll take both.
Thank you.
Thank you.
Gold. Gold has value even when someone turned the electricity off.
One BTC is around $500 in today's price.
One oz gold is around $1348 in today's price.
SO selecting gold is good option.
One oz gold is around $1348 in today's price.
SO selecting gold is good option.
I would take gold. Even after 3 thousand years gold is valuable. But it is not in the case of BTC.
I didn't say it before but I just wanted to add that I'll most certainly be getting some silver haha and u know this ! 
When it comes to increasingly long timeframes, anything digital is simply no competition to physical value, no matter what anyone wants to tell you otherwise (i.e. "as good as gold").
That's the advantage of being an older generation, over time you learned what value really means.
That's the advantage of being an older generation, over time you learned what value really means.
+1000 Great post.
That's only because physicalness has implied scarcity. If tomorrow FTL space travel were invented and super cheap and we discovered a million earths rich in resources and suddenly physicality was as cheap and plentiful as digital things, then the "real value" of being physical would diminish almost completely.
I'm all about silver personally. But definatley wouldn't mind holding a 1oz gold coin either. At this stage I'd take gold over Bitcoin mainly because of the price currently 
Silver has a lot of potential right now. The silver:gold ratio is way out of whack from the it's traditional 35:1 (in the modern era), which means a lot more upside potential than gold. As much as gold is artificially depressed, silver is magnitudes more so.
When it comes to increasingly long timeframes, anything digital is simply no competition to physical value, no matter what anyone wants to tell you otherwise (i.e. "as good as gold").
That's the advantage of being an older generation, over time you learned what value really means.
That's the advantage of being an older generation, over time you learned what value really means.
+1000 Great post.
Gold. More expensive than that amount of bitcoins, and also I don´t have any gold but I have some bits.
Is 0.5 BTC and 0.5 oz. gold an option?
Because I'd prefer to take a little from column A and a little from column B.
Because I'd prefer to take a little from column A and a little from column B.
Well, both are going down, but which one will go down the most? At least gold has some tangible properties, but it is difficult to carry around with you in your wallet or purse. I'd go with bitcoin in the long term.
Gold is unlikely to ever lose a lot of it's value simply due to it's industrial applications (and possible medical applications, some gold salts are showing promise for auto-immune issues) unless some radical development in superconductors happens that allows for cheap fabrication of a better conductor that has better properties and similar anti-corrosive properties. Bitcoin on the other hand has a considerable chance of being worthless in the near future due to any number of reasons.
Well, both are going down, but which one will go down the most? At least gold has some tangible properties, but it is difficult to carry around with you in your wallet or purse. I'd go with bitcoin in the long term.
Gold Accepting Grocery. Come to think about it. 
Just go back 100 years, gold and silver accepted anywhere. Then the FED was founded, which btw. will happily take your Gold/Silver any day - preferrably at a discount price of course
Gold Accepting Grocery. Come to think about it.
bitcoin has better 5 year horizon prospects
Maybe, and in 5 years people could be saying "remember when all those people put money into bitcoin and in a month it went from 2,000 USD per bitcoin to 0.01 USD per bitcoin when the bubble burst?"
bitcoin has better 5 year horizon prospects
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