for me there is no "OR" instead i use "AND" lol
i mean i always prefer to diversify, which means i choose investing in bitcoin and also gold. you can do half and half or like me 80% bitcoin 20% gold or any other way of distributing your investment that you prefer.
you can also add other things like altcoins to your list or even other markets like stocks.
Topic: Bitcoin or a gold bar with the same value? - page 2. (Read 3911 times)
Unless i desperately need save investment (stable value which increase over time), i would choose 10 bitcoin over gold bar with the same value.
Also, i can spend my bitcoin easily or exchange it to fiat compared if i want to sell my gold bar.
correctly . with a very high rate of increase bitcoin could be a profitable business. and a gold bar can be used as a savings for the future. we definitely have to do everything possible to have the best future. Also, i can spend my bitcoin easily or exchange it to fiat compared if i want to sell my gold bar.
Let's test your belief in Bitcoin's potential. OK, let's say someone approach you, and offer you two options for free...
1. 10 bitcoins
or
2. A gold bar with the same value at the time.
What will you chose? We all say, we believe in Bitcoin and it's future, but if you faced with this decision... would you go for the traditional safe heaven or would you go with the new Bitcoin option, that
are still in it's experimental phase?
Give me your reasons, why you would take the one over the other.... I know which option people will chose that are not familiar with Bitcoin ----> Gold bar.
1. 10 bitcoins
or
2. A gold bar with the same value at the time.
What will you chose? We all say, we believe in Bitcoin and it's future, but if you faced with this decision... would you go for the traditional safe heaven or would you go with the new Bitcoin option, that
are still in it's experimental phase?
Give me your reasons, why you would take the one over the other.... I know which option people will chose that are not familiar with Bitcoin ----> Gold bar.
will take bitcoin since it still has the chance to go up to which later i can buy 1 bitcoin for two gold bars.
maybe even more if bitcoin goes thousandshow small can this gold bar be by the way? Xaurum gold bars seem smaller than what i can see on movies.
for me bitcoin will be more profitable in the short-term investments. while gold would be much safer for long term investment. every investment has advantages and disadvantages of each.
gold bar , because it is safer and we don't know what will happen with bitcoin in future so it still risky
how is gold bar safer? where are you going to store that gold bar? even a safe can be broken into and your gold bar stolen.
but with bitcoin you can create an impenetrable cold wallet that nobody can get into except you with the password for the encryption.
also as for the price gold is also going up and down (smaller but still) but bitcoin is a growing thing which has been going only up when you look at the long term changes.
gold bar , because it is safer and we don't know what will happen with bitcoin in future so it still risky
As much as I love bitcoins, I would definitely go with the gold bar. Better safe than sorry.
I know what you mean there.Bitcoin is just to volatile to trusted 100% and with this amount of money I would say the same thing. Better to be safe than sorry.
Plus gold bar is solid substance that you can hold in your hands while bitcoins are not. Unless you put them on a coin or something.
Let's test your belief in Bitcoin's potential. OK, let's say someone approach you, and offer you two options for free...
1. 10 bitcoins
or
2. A gold bar with the same value at the time.
What will you chose? We all say, we believe in Bitcoin and it's future, but if you faced with this decision... would you go for the traditional safe heaven or would you go with the new Bitcoin option, that
are still in it's experimental phase?
Give me your reasons, why you would take the one over the other.... I know which option people will chose that are not familiar with Bitcoin ----> Gold bar.
1. 10 bitcoins
or
2. A gold bar with the same value at the time.
What will you chose? We all say, we believe in Bitcoin and it's future, but if you faced with this decision... would you go for the traditional safe heaven or would you go with the new Bitcoin option, that
are still in it's experimental phase?
Give me your reasons, why you would take the one over the other.... I know which option people will chose that are not familiar with Bitcoin ----> Gold bar.
An easy question specially when you are an old person that is used to the fact that gold is much valuable and the safest pick. Plus, it is physically seen or can be touched. It wont rot also giving it more value in the future. I will pick gold.
It would really depend on one's goals on which should be picked. If looking to store wealth and/or hide it, gold would be the better bet. If the goal was something that could be liquidated in the short term in small bits then, obviously bitcoin. Both have their strengths and weaknesses. A gold bar would be difficult to liquidate, especially if you only wanted to liquidate part of that investment. Bitcoin, on the other hand, isn't known for holding a steady value, so if you did need to liquidate it in a hurry, there's a chance you could take a serious loss if you were treating it as a commodity.
Let's test your belief in Bitcoin's potential. OK, let's say someone approach you, and offer you two options for free...
1. 10 bitcoins
or
2. A gold bar with the same value at the time.
What will you chose? We all say, we believe in Bitcoin and it's future, but if you faced with this decision... would you go for the traditional safe heaven or would you go with the new Bitcoin option, that
are still in it's experimental phase?
Give me your reasons, why you would take the one over the other.... I know which option people will chose that are not familiar with Bitcoin ----> Gold bar.
1. 10 bitcoins
or
2. A gold bar with the same value at the time.
What will you chose? We all say, we believe in Bitcoin and it's future, but if you faced with this decision... would you go for the traditional safe heaven or would you go with the new Bitcoin option, that
are still in it's experimental phase?
Give me your reasons, why you would take the one over the other.... I know which option people will chose that are not familiar with Bitcoin ----> Gold bar.
Gold. My reason is simple. It can easily be traded. I can sell it for a larger price also. I can make fiat out of it in an easy way that I could also buy bitcoin instantly aftsr exchanging it. Surely a lot of people will be interested in gold first.
Bitcoin. Currently the price of bitcoin is almost on par to the price to create a bitcoin. So technically the price can only go up, unless bitcoin looses all its support, demand and supply.
before choose you must know what do you want
if you want fast growth your money your must choose bitcoin
but you want savety saving your money and long term your must choose gold
if you want fast growth your money your must choose bitcoin
but you want savety saving your money and long term your must choose gold
As much as I love bitcoins, I would definitely go with the gold bar. Better safe than sorry.
For now, i prefer pick 10 bitcoins with the same value. Because the price of bitcoin is going up right now, but if the price of bitcoin is stable, i will pick a gold bar.
If you're asking about short term, so I will definitely choose bitcoin, the investment in bitcoin gives a potential for earnings higher in the short term, but for long term, and if you need price stability, gold has proven to be more stable than bitcoin and it can also be used globally in every country, without many restrictions.
i would go with the bitcoin option and thats because of course it would be difficult to find someone to sell off the gold. or even melt it.
idk the procedure of turning gold into money but of course you won't be able to do it alone.
and unless you are really informed about that subject, you could easily get scammed.
idk the procedure of turning gold into money but of course you won't be able to do it alone.
and unless you are really informed about that subject, you could easily get scammed.
Gold bar. You shouldn't even have to think about it. Let's say you don't buy 10BTC and tomorrow the price raises to $1k/BTC. Bad news for you, BUT.......
You'll have gold. Gold price NEVER falls. Even if it does, it is just temporary. Gold will aleays be rare and valuable. Now think about this: tomorrow the WW3 starts. You have Gold. YOU ARE SAVED, basically. Nobody will look for Bitcoin anymore or any other currencyes; even having $1M cash.. you'll be looking just at a piece of paper, that's it.
Gold is also a great currency for trading. Gold will never have an end; you can even give it to your kids when you will age. And they can keep it for an infinite of generations..
Gold.
You'll have gold. Gold price NEVER falls. Even if it does, it is just temporary. Gold will aleays be rare and valuable. Now think about this: tomorrow the WW3 starts. You have Gold. YOU ARE SAVED, basically. Nobody will look for Bitcoin anymore or any other currencyes; even having $1M cash.. you'll be looking just at a piece of paper, that's it.
Gold is also a great currency for trading. Gold will never have an end; you can even give it to your kids when you will age. And they can keep it for an infinite of generations..
Gold.
I'm not convinced gold will be that important if WW3 arises. Things like anti-radiation meds, safe water, safe food, would probably be more valuable.
Right now I hold bitcoins and not one gram of gold, so I see no reason to change that. Unless it's a really large gold bar and I'm allowed to sell it and buy a house with it. But even for that BTC is probably better, I can try to hide the income, if I sell the gold I will be hit by hefty taxes.
Bitcoin of course because in bitcoin, We have this thing called halving which enable the price to increase. Plus there are many things to do to earn bitcoins even without investment and considering its potential, I think we will have a good future with bitcoins. The good thing in gold is that it is widely known and accepted unlike bitcoin
I would probably have to choose gold simply because i don't like storing large values in Bitcoin, I rarely keep more than 2-3btc in Bitcoins because I don't want the value to fluctuate too much. Moreover, gold is rising steadily right now, unlike Bitcoin which seems to be declining in value.
i absolutely secondly agree with you...
Depends on the amount 10btc is not a big investment relatively speaking, so choosing it makes sense as it has more chances of exponential growth. If I was to choose between a 1000 Bitcoin and gold in equal value, than I will pick gold to preserve value.
of course it is not a lot of money right now, i think if you want to invest a decent amount of money you would need to buy at least 100 bitcoins to make profit Jump to: