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Topic: 1BTC or 1oz of Gold. Which one would you take? - page 5. (Read 5911 times)

hero member
Activity: 686
Merit: 501
Stephen Reed
I sold some unused gold jewelry yesterday and bought bitcoin at my local Robocoin ATM.

I expect the next bitcoin price bubble to occur in the next few months - at which point the issue of 1 BTC vs 1 oz Gold will be history.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
"If you could accept 1 BTC or 1 oz of gold - but you can't sell or do anything with it for 5 years - which would you take?"
If that is the question, I would take 0.1 BTC over 1oz gold.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
Simple take the gold then buy some Bitcoin and after that buy some more gold and hedge your bets so to speak.
newbie
Activity: 42
Merit: 0

Take the more valuable.

Then exchange it to Bitcoin (if it wasn't Bitcoin first).





right cause if a person is asking to be raped, might as well rape them to the max
newbie
Activity: 52
Merit: 0
Gold, because my assets aren't diversified enough right now...

+1

Anyone putting their eggs in only one basket is an idiot.
legendary
Activity: 2156
Merit: 1131

Take the more valuable.

Then exchange it to Bitcoin (if it wasn't Bitcoin first).



newbie
Activity: 52
Merit: 0
Gold, because my assets aren't diversified enough right now...
newbie
Activity: 52
Merit: 0
1,000,000 oz of gold or 1,000,000 bitcoins?

This seems more interesting of a question.

Germany might be asking that very question after only getting 40t of their gold from the US Fed in a year... 35t of which was somebody else's gold out of Paris...
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
1,000,000 oz of gold or 1,000,000 bitcoins?

This seems more interesting of a question.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Gold for certain
hero member
Activity: 504
Merit: 500
1BTC
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Too obviously bitcoin.

Bitcoin done in months what gold did in 40 years.
newbie
Activity: 4
Merit: 0
Is there an option to take both?
full member
Activity: 176
Merit: 100
If I could sell it right away, 1 oz of gold because I would make more off of it. If longterm, I would take a BTC due to the possibility of the price increasing a lot more when the next wave of investors arrive.
legendary
Activity: 1148
Merit: 1001
Official Zeitcoin community ambassador
BTC.

I can buy something with it.


You can buy stuff with gold too.
full member
Activity: 156
Merit: 100
Both and then i would bury em like treasure!
newbie
Activity: 52
Merit: 0
what will both prices be at the end of the year? See: http://kidscoinz.wordpress.com/2014/01/23/bitcoins-vs-gold-race/

I'm not a big gambler, so I'll sit this one out.  Sounds like it'll be fun to watch.  Personally, if I were inclined to put down money I'd bet on gold, too.  I think both will appreciate this year, ultimately, but gold has less unknowns right now.  COMEX warehouses have been hammered, so they're running out of liquidity to perform more price suppression, and Bitcoin still needs more certainty in its legal status domestically and internationally.

Both are good long term bets, though.
newbie
Activity: 3
Merit: 0
what will both prices be at the end of the year? See: http://kidscoinz.wordpress.com/2014/01/23/bitcoins-vs-gold-race/
newbie
Activity: 52
Merit: 0
The logical answer is which do you think is going to appreciate more quickly (in terms of market conversion rates) in the short term.  The gold market is heavily manipulated, which does mean that gold will appreciate dramatically when they manipulators run out of bullets, but, then, the BTC market is heavily influenced by mass market psychology.

In short, neither of these markets are currently trading based on technical fundamentals.  Personally, I'd consider gold to be the ultimate cold storage for BTC.  But if I think the markets are going to appreciate in the short term for BTC, ride it up.
member
Activity: 280
Merit: 10
If it were equal dollar amounts of gold or bitcoin, I would take the bitcoin as it has outperformed massively since the Russian takeover of the Crimea. Bitcoin is now the goto asset class in a crisis.
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