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Topic: Bitcoin or a gold bar with the same value? - page 3. (Read 3991 times)

hero member
Activity: 658
Merit: 500
If the price of bitcoin will be at downward then I will use gold bar while if the price of bitcoin will better and will increase then definitely I will choose for bitcoin as it will be my currency to use as normal currencies. In that situation i do not choose for gold because I will then sell the gold to buy anything while with bitcoin we can buy any thing easily.
legendary
Activity: 1134
Merit: 1599
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.
hero member
Activity: 756
Merit: 501
Well thats a hard question, gold bar the price wont change a lot soo your investment will stay quite stable. Bitcoin for other side can turn into big income as a big loss from the investment, soo you must risk, i would buy both and see which one would be the best to hold and keep after 2-5 years, as in the short time wont be enought time to see the results.
legendary
Activity: 1218
Merit: 1007
To be honest, I think I would rather opt for gold in this scenario. There can be a LOT of money lost in Bitcoin during a shift in the market, especially with 10 BTC, so I would rather go with something more stable and something that has less of a chance to lose a portion of its value. While I would invest in Bitcoin, for numbers like that I'll just go with something safe. Regardless of whether or not I got the money free.
full member
Activity: 194
Merit: 100
Id have to go with gold on this one.
sr. member
Activity: 504
Merit: 250
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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.
10 bitcoin is not a big investment but it can grow to a huge height in my opinion so it is worth it, in my opinion gold is not worth investing
hero member
Activity: 896
Merit: 514
A gold bar. You can't trust Bitcoin more than Gold, because Gold will NEVER disappear. It's going to be a currency forever. Bitcoin instead.. well, it can fail at any second. Just a split second of no energy worldwide. Will you trust BTC ever again? I don't think so. For those investing in Bitcoin all their money, that would be a split second of poverty.
bitcoin is way better than gold right now because it can make you a lot of money, in my opinion gold is too old already and bitcoin technology is better
you are right bitcoin is better than gold because bitcoin increasing its price too much faster and if we hold our bitcoin as investment then we can get a good profit from bitcoin.
sr. member
Activity: 420
Merit: 250
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.
legendary
Activity: 1246
Merit: 1000
I have no immediate need for money.
I will therefore go for Bitcoin.
Store it for a few years and I believe it would have appreciated more than gold.
hero member
Activity: 658
Merit: 500
Bitcoins are best choice, because BTC you can invest somewhere. Gold bar you can only kept in your home, or exchange to fiat currency in the bank.  Wink
full member
Activity: 196
Merit: 100
I would pick bitcoin for now. Then, I will grow it If I make a profit out of it then I will buy the gold that is the same price from before you gave the money. Then I will still have left for me,.

Maybe it is the best choice, but I hope you still choose bitcoin for profit. Bitcoin: for much more lucrative than gold while we wait for prices of both goods (bitcoin and gold) rise. I prefer the bitcoin and invested most of my money instead of using gold
legendary
Activity: 3318
Merit: 1133
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I would pick bitcoin for now. Then, I will grow it If I make a profit out of it then I will buy the gold that is the same price from before you gave the money. Then I will still have left for me,.
hero member
Activity: 1008
Merit: 1012
I like the idea of owning some gold so now I am collecting a bit of gold when I can. I also like the liquidity of bitcoin but gold seems to have a more steady climb long term upwards, bitcoin is getting a bit too volatile again.

I hate that sense of it being so volatile and why put yourself under undue stress like that?
Love the stability of gold and it is actually a physical item(if you want it to be and not just trading it virtually) so you know it is yours and nothing will change that unless you lose it out of your own doing.
hero member
Activity: 1470
Merit: 655
i will always choose bitcoin eyes closed.
especially these days because the bitcoin price is super low (of course it was even lower yesterday and that opportunity is long gone now). and bitcoin has the potential to grow a lot more these days. so accepting gold you will not have more money in a couple of months but 10BTC will worth a lot more in a couple of months for sure.
legendary
Activity: 3304
Merit: 1617
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They're both worth exactly the same so I guess it depends if you planned on HODLING the bitcoins given to you. If you sold them it'd make no difference if you chose the gold bar or bitcoins assuming they were of the same value.

Bitcoin obviously has the potential to grow in value massively in the future but it'd make no difference which you chose if you cashed in soon.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
Never put all in single asset. Split 50% betwen gold, silver, some stock. 30% in BTC 10% in BTC stock and other 10% in other cryptocurrencies.

this is good but i don't like it as a "fixed" percentage.

for example there are times that i would love the bitcoin market so i would choose to go even all in. example is yesterday. price went down to $500 and as you can see there is already near $70 profit on each coin. which means the more you have invested yesterday the more profit you have earned today.

also there are times the profit in altcoin markets is awesome but bitcoin is stable. like the whole last month when price of BTC was at $640+ but altcoins get pumped a lot.
sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
actully its not. bitcoin is more worth and its also portable also with milletry grade security. and gold is just gold till now if it is stolen then it is gone.i will choose bitcoin instel of gold bars
full member
Activity: 336
Merit: 100

i think both of them are valuable at thier own place .
if anyone will ask me to choose both of them then i will choose bitcoin .
because there is no government rule at bitcoins . but in case of gold bar there is problem of tax and risk to nad quality gold .
but in case of bitcoin there is no fault . so i think bitcoin is a best option for investment of money .
since gold has own opportunity of profit also , so i think some person will to choose gold instead of bitcoins .
hero member
Activity: 756
Merit: 520
Gold Bar!  Smiley  You can make accessories,jewelry and increase value out of it. Though bitcoin will increase value in time same with gold, Gold has a physical features and charm Wink Women love to wear it too Wink

Yeah, if it was associated with women, I certainly would prefer gold than bitcoin. Because when we have gold we certainly could change gold to complement the beauty of which we have so far. But to get a very high increase then I prefer bitcoin: for the price of the bitcoin has no limits and it's very different with gold, gold is experiencing a rise in the less fun
i always prefer bitcoin because if the price of bitcoin increases it will be more better than having a gold bar, we can buy several gold bars like it and make variety of accessories we want.

Very precise, it is something that I liked in the bitcoin. For if we can wait then bitcoin will be much more profits than we wait for rising prices of gold bullion. but all the stuff (and gold bitcoin) surely there are positive and negative, depending on how on our circumstances at the time of doing so. Everyone must have their own reasons, bitcoin and gold already has its own position
hero member
Activity: 994
Merit: 502
Gold Bar!  Smiley  You can make accessories,jewelry and increase value out of it. Though bitcoin will increase value in time same with gold, Gold has a physical features and charm Wink Women love to wear it too Wink

Yeah, if it was associated with women, I certainly would prefer gold than bitcoin. Because when we have gold we certainly could change gold to complement the beauty of which we have so far. But to get a very high increase then I prefer bitcoin: for the price of the bitcoin has no limits and it's very different with gold, gold is experiencing a rise in the less fun
i always prefer bitcoin because if the price of bitcoin increases it will be more better than having a gold bar, we can buy several gold bars like it and make variety of accessories we want.
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