Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
i agree with you ,i also choose the bitcoin because bitcoin increasing its price very faster than gold and gold is too much stable and we can not get a good profit from gold quickly and bitcoin give us opportunity to earn big profit in short time with quickly. 
Topic: Bitcoin or gold? - page 291. (Read 984470 times)
Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
I could predict gold at +400% within a few years. In fact, a lot of market experts have already predicted that the gold prices are going to explode in the near future. If you look at the supply-demand equilibrium for gold, it is very clear.
No one can deny the fact that gold also increases gradually in terms of value, but it does not grow as fast as bitcoin does that is the reason why people don't really notice the growth of gold most of the times, and the biggest advantage of gold is that it does not drop its price so early as well as bitcoin might does in times, and gold just keeps going up steadily.
Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
I could predict gold at +400% within a few years. In fact, a lot of market experts have already predicted that the gold prices are going to explode in the near future. If you look at the supply-demand equilibrium for gold, it is very clear.
No. More like it will happen with bitcoin. Gold will stay with the price range of $1100-1300 for a long time. But bitcoin with its stage of populating it could go up quickly.
Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
I could predict gold at +400% within a few years. In fact, a lot of market experts have already predicted that the gold prices are going to explode in the near future. If you look at the supply-demand equilibrium for gold, it is very clear.
I have no savings in gold. I've never invested in it, because I was not interested in long-term investments. Bitcoin dynamic, but its price is almost always grows
I don't have my own too, but I really want to have my own gold investment because I do believe in the market of gold and it is the most strongest investment of all time since the ancient days. But it seems that bitcoin will going to reach the record, it won't break but it can be the same with gold every little fluctuations, so for me bitcoin all the way.
I have no savings in gold. I've never invested in it, because I was not interested in long-term investments. Bitcoin dynamic, but its price is almost always grows
I don't have my own too, but I really want to have my own gold investment because I do believe in the market of gold and it is the most strongest investment of all time since the ancient days. But it seems that bitcoin will going to reach the record, it won't break but it can be the same with gold every little fluctuations, so for me bitcoin all the way.
I have no savings in gold. I've never invested in it, because I was not interested in long-term investments. Bitcoin dynamic, but its price is almost always grows
I don't have my own too, but I really want to have my own gold investment because I do believe in the market of gold and it is the most strongest investment of all time since the ancient days. But it seems that bitcoin will going to reach the record, it won't break but it can be the same with gold every little fluctuations, so for me bitcoin all the way.
Bitcoin is certainly now the best option. But we should not forget that, in order to minimize their risks. We need to invest in different objects
I have no savings in gold. I've never invested in it, because I was not interested in long-term investments. Bitcoin dynamic, but its price is almost always grows
If we talk of long term then I think bitcoin has more ability to give higher profits in future in compare to gold, price of bitcoin is moving up and down at a moment it came back to $700 from $740 in a single day so its hard to predict what its gonna show us in coming days, but holding it for long term can be really profitable.
Currently, the gold price have stabilized and are walking in the hallway to $ 2000 per troy ounce. For investors, the question remains whether the rise in the gold price and whether it is worth to invest in this metal, or bet on a bitcoin. Though bitcoin recently rose to +$10 and all.
The main advantage is its gold limited unlike conventional money as well as bitcoin. This means that the more and faster government will print money (as they do), the faster will increase the rate of gold. 
Currently, the gold price have stabilized and are walking in the hallway to $ 2000 per troy ounce. For investors, the question remains whether the rise in the gold price and whether it is worth to invest in this metal, or bet on a bitcoin. Though bitcoin recently rose to +$10 and all.
I have no savings in gold. I've never invested in it, because I was not interested in long-term investments. Bitcoin dynamic, but its price is almost always grows
Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
And not to mention the sale of shares of the largest gold index fund SPDR Gold Trust has created serious preconditions for the drop in prices and the unstable economic situation in Cyprus was the reason to start the collapse. By the way, some similar situation occurred with Bitcoins when market regulation by governments of various states in the course of time has fallen off the cue ball.That is right. It is better to buy the index or funds. It is better to buy the individual companies.
Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
And not to mention the sale of shares of the largest gold index fund SPDR Gold Trust has created serious preconditions for the drop in prices and the unstable economic situation in Cyprus was the reason to start the collapse. By the way, some similar situation occurred with Bitcoins when market regulation by governments of various states in the course of time has fallen off the cue ball. 
No need to pay attention to the law of Frank Doda, which severely restricted the banks to buy gold, as well as to invest in hedge funds. All gold transactions on OTC markets were found to be legal. But this does not apply to natural persons.
One day, bitcoin could grow 1000x or it could crash to zero, not the case with gold. Long-term, gold would have a more stable value, but bitcoin would have a far better upside potential. Greater risk, greater reward. I choose Bitcoin.
Still, gold may offer the owner of the investment without the risk of losing their savings at any time and for various reasons. Therefore bitcoin can be kept only for earnings, although a possible increase in the price of bitcoin too attractive. 
I think they are they are happy if you overpay $2 over spot for the oversupply of silver in the world. There is all the silver you want in 1000oz bars. How much do you need? I'll tell you were you can buy it.
Don't buy 18,000 oz of silver like I did. You'll end up bankrupt like I am.
Don't buy 18,000 oz of silver like I did. You'll end up bankrupt like I am.
If your goal is to actually make money, you would be buying before there's a physical shortage in 1000oz bars, not after (be first, be smart, or cheat). I also hear even the big players are buying 1 oz silver eagles and NOT huge bars.
The problem is that physical silver coin is not ever going to be used as currency ever again, no matter what happens. Period.
1. We are in a digital age and no one is going backwards, no matter what happens. Period.
2. When global collapses ensues such that you think you might be able to use metal coinage, what actually happens is as follows.
- As Fernando “FerFAL” Aguirre points out, only the currency that can be exchanged external to the crisis area has value. People are not bartering silver dimes, rather if you had German DMarks in Bosnia or USA dollars in Argentina, then these were accepted and liquid. Gold coins were much more difficult to liquidate because there is a funnel of few dealers that can't actually exchange them for the externally liquid currencies of USA dollars.
- As Dmitry Orlov points out, everyone's priority is on food, security, and transportation. Direct trade of these is more valued than some metal which can't be traded for these needs, because these metals are not liquid.
- Armstrong has also explained that gold and silver only have a value for as long as the collapse is not total and there is still an external market. During Dark Ages such as in Japan or fall of Rome, the gold and silver become entirely illiquid (is buried in the ground) and only food, guns, fuel, and alcohol+cigarettes become money.
See the link below to the description of the war in Bosnia:
You apparently lack appreciation of the significance of both marginal prices in economics, and also the non-linear effects of chaos.
1. With marginal prices in Economics 101, the price you pay is set by the most expensive producer. It is not a useful model to think of a 3/4 reduction in food production causing causing a 400% increase in prices, because when you take away 3/4 of the lowest cost producers, the new supply is highest cost producers. So as was the case in Bosnia, where the cost of food was driven by the highest cost producers, a tin can of Spam was $30 to $40, i.e. roughly a 1000% increase. You need to visualize this as disruption of economies-of-scale not only in farming, but also in terms of distribution economies-of-scale, security of farming and distribution economies-of-scale.
2. When the population has become dependent on high economies-of-scale in farming, distribution, credit, government, corporations, etc., and that is taken away by mother nature and or widespread war/pestilence (-4.5 F average temperature reduction in cold climates, with great aggregate effects such as flooding, droughts, etc), then the F.U.B.A.R. human effects are quite non-linear as described in that link bigtimespaghetti provided on surviving the war in Bosnia (which I had read long ago when it was first published). This can further exacerbate application of solutions and thus drive prices another 1000% higher.
Adaptation was essential as explained below, but the following adaptation can't be done if you are surrounded by humans who are suddenly thrust into a situation for which they are not prepared because they will hunt you instead of adapting:
1. With marginal prices in Economics 101, the price you pay is set by the most expensive producer. It is not a useful model to think of a 3/4 reduction in food production causing causing a 400% increase in prices, because when you take away 3/4 of the lowest cost producers, the new supply is highest cost producers. So as was the case in Bosnia, where the cost of food was driven by the highest cost producers, a tin can of Spam was $30 to $40, i.e. roughly a 1000% increase. You need to visualize this as disruption of economies-of-scale not only in farming, but also in terms of distribution economies-of-scale, security of farming and distribution economies-of-scale.
2. When the population has become dependent on high economies-of-scale in farming, distribution, credit, government, corporations, etc., and that is taken away by mother nature and or widespread war/pestilence (-4.5 F average temperature reduction in cold climates, with great aggregate effects such as flooding, droughts, etc), then the F.U.B.A.R. human effects are quite non-linear as described in that link bigtimespaghetti provided on surviving the war in Bosnia (which I had read long ago when it was first published). This can further exacerbate application of solutions and thus drive prices another 1000% higher.
Adaptation was essential as explained below, but the following adaptation can't be done if you are surrounded by humans who are suddenly thrust into a situation for which they are not prepared because they will hunt you instead of adapting:
Makes sense because the purpose of a currency is standardized, interchangeable units of measure, and bullion bars do not fit the bill. They're only useful for industrial applications, which is why many places in Europe charge VAT on bars and not coins. Also easier to avoid counterfeits with coins than bullion bars.
Actually doesn't make sense at all. You want to be buying bullion that can be liquidated if the collapse doesn't go extreme. Otherwise you don't want to be buying precious metals at all.
This is why crypto-currency is going to kick ass.
I would have maybe some 1 oz gold coins for a desperation situation, knowing full well that anyone that takes them in payment is only going to give me 1/10 their "official value" (or original value) in an apocalyptic collapse scenario.
Must better I have dollar bills and even better some crypto-currency, especially some that I am able to use anonymously if needed.
I am not betting on the apocalyptic collapse scenario, because if we go there then what I really need is to be self-sufficient. No amount of monetary currency savings can help me. I would need guns, fellow community, and ability to survive off the land.
Please stop talking nonsense about silver coins as an investment. It is stupidest thing I have ever once thought was true until I woke up from being a dumb ass tinfoil hat.
As for the future, both Hillary and Trump have talked about massive, expensive, public works projects, plus Trump has even talked about defaulting on the debt. Tons of govt spending that won't be paid for is pretty bullish on anything that's not connected to USD debt markets. We also reached peak oil in 2004, so extraction of anything from the earth is inherently more expensive after that date. The markets have just not caught up to the fact yet since markets are manipulated and distorted.
So buy gold bullion.
We also reached peak oil in 2004, so extraction of anything from the earth is inherently more expensive after that date. The markets have just not caught up to the fact yet since markets are manipulated and distorted.
Peak oil is propaganda lie that Rothschilds has been funding same as the Man-made global warming lie.
It is not true. You'd only need the flow of oil out of the ground of a medium size river, to supply the entire world's support of oil. The USA has risen to the #1 global producer over the past decade due to the discovery of fracking.
Besides we are moving away from carbon-based fuels and generation via nuclear energy, solar, hydroelectric, and geothermal. New technological breakthroughs in these areas plus battery technology will obsolete carbon fuels. Also we are moving towards living in high-density cities with mass transportation instead of one human per vehicle. Our vehicles can also improve efficiency by 100 - 200%. The technological innovation whirlwind is underway.
There is no strong case for silver. It is more volatile than gold, less liquid, and there is no supply crunch problem. The precious metal promoters are fooling you with lies and propaganda.
In the end though, you will always have tyranny without metals circulated as currency in native form. A "gold backed" currency is useless, they have to be circulated. Bitcoin does not solve any of those issues because Bitcoin is inherently a technoracy, which is what I told Theymos in the following thread:
https://bitcointalksearch.org/topic/m.16663846
https://bitcointalksearch.org/topic/m.16663846
There is no solution to the inviolable (insoluble) tyranny of the power-law distribution1 and the Iron Law of Political Economics power vacuum.
Sorry just accept the fate of the human race.
That unfortunate fact won't make gold and silver viable again, just because Bitcoin isn't a panacea. There will never be a panacea. Give up.
1 A. Dragulescu and V. Yakovenko. Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States.
One day, bitcoin could grow 1000x or it could crash to zero, not the case with gold. Long-term, gold would have a more stable value, but bitcoin would have a far better upside potential. Greater risk, greater reward. I choose Bitcoin.
If you want to invest money witch one would you pick i think the most of the people will pick the bitcoin just because i know that they think you can make money with it but that is not
really true because holding his value is a big start for th ebitcoin.
really true because holding his value is a big start for th ebitcoin.
Bitcoin for sure. Gold is always nice of course, but this technology is still in its infancy stages. I dont see gold +400% in the near future. Bitcoin..maybe..
if given the choice Bitcoin or gold? I probably would choose gold because gold may be more resilient in the future and I can not ignore it.
That is certainly true. But if we just think of gold then we will not be able to benefit from growth opportunities or get the bitcoin. I see that bitcoin will provide benefits that are very good and much better than gold if we want to be patient. Because the growth of the bitcoin on the influence by a lot of things that we have to resolve some of these issues will go up and can produce a bitcoin advantage
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