Topic: Bitcoin or gold? - page 572. (Read 984460 times)
I am going to stick with bitcoin. Over long term I only see that as being the best option.
bitcoin 
that would not be easy to bring gold worth with 1 million dollars,,but quiet easily with bitcoin, we just need at least smartphone on hand
that would not be easy to bring gold worth with 1 million dollars,,but quiet easily with bitcoin, we just need at least smartphone on hand
Absolutely Both of bitcoin and gold lol
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Would still try holding all my wealth in Bitcoin
There is time either way for me to investment and make decisions in that 10 year period so my time value is high and risk appetite as well
If I were really old or near retirement guess I would say gold though.
...
tinus42 just demonstrated my continuing argument for diversification! Lead and lead delivery devices should be a part of the equation for any serious saver.
But, if I had to pick JUST ONE, it would be gold.
In real life, we do NOT have to pick just one however. Gold, BTC and lead are a great start! The percentages, of course, will be different for everybody (solid programmers might have a very high percent in BTC if they KNOW BTC COLD).
My own situation is about 10 times as much in gold as in BTC.
And gold owners almost have to have a gun or two (and ammo!) to defend the pile in extremis...
tinus42 just demonstrated my continuing argument for diversification! Lead and lead delivery devices should be a part of the equation for any serious saver.
But, if I had to pick JUST ONE, it would be gold.
In real life, we do NOT have to pick just one however. Gold, BTC and lead are a great start! The percentages, of course, will be different for everybody (solid programmers might have a very high percent in BTC if they KNOW BTC COLD).
My own situation is about 10 times as much in gold as in BTC.
And gold owners almost have to have a gun or two (and ammo!) to defend the pile in extremis...
I prefer silver, a bit of gold and of course NEM to be fit for the future ;-)
Best way is to invest into different kind of resources. Also if someone would force me to only two options i wouldn't invest at all
I'd invest in this:
Just to be ready for the Zombie/FSA Apocalypse.
Just to be ready for the Zombie/FSA Apocalypse.
Most of them is preferring gold, because it is proved itself for last 3000 years. With in ten years gold will not loose its value. But growth rate slow. Inthis case of bitcoin we cannot predict. Bitcoin price may go high like $10000 or low like $1.
Yes, and it's talking about converting all your wealth... surely I'll have to choose gold
Most of them is preferring gold, because it is proved itself for last 3000 years. With in ten years gold will not loose its value. But growth rate slow. Inthis case of bitcoin we cannot predict. Bitcoin price may go high like $10000 or low like $1.
Bitcoin, no doubts !
What if in 10 years humans will go in space and start mining asteroids full of minerals, Gold included ? =>the price of gold will crash and gold will become a common raw material as iron.
With Bitcoin you can send wealth at long distance and with great speed. You can convert that wealth in the local currency, this can be even bananas if bananas will become so expensive and as result a market for BTC/bananas will exist
What if in 10 years humans will go in space and start mining asteroids full of minerals, Gold included ? =>the price of gold will crash and gold will become a common raw material as iron.
With Bitcoin you can send wealth at long distance and with great speed. You can convert that wealth in the local currency, this can be even bananas if bananas will become so expensive and as result a market for BTC/bananas will exist
Haha, good one indeed.
The price for a space-ounce of gold would be about 1 Million $/oz or more. If nations go to space for mining, then that means the resources on earth are exhausted and/or space mining has become more profitable.
Good luck with that scenario within the next 50 years... (definitely not sure BTC still exists in 2064, Gold certainly will)
Bitcoin, no doubts !
What if in 10 years humans will go in space and start mining asteroids full of minerals, Gold included ? =>the price of gold will crash and gold will become a common raw material as iron.
With Bitcoin you can send wealth at long distance and with great speed. You can convert that wealth in the local currency, this can be even bananas if bananas will become so expensive and as result a market for BTC/bananas will exist
What if in 10 years humans will go in space and start mining asteroids full of minerals, Gold included ? =>the price of gold will crash and gold will become a common raw material as iron.
With Bitcoin you can send wealth at long distance and with great speed. You can convert that wealth in the local currency, this can be even bananas if bananas will become so expensive and as result a market for BTC/bananas will exist
I want some of what you're smoking! So random lol. I'm not trying to be mean, but I did chuckle a bit at your post.
Bitcoin, no doubts !
What if in 10 years humans will go in space and start mining asteroids full of minerals, Gold included ? =>the price of gold will crash and gold will become a common raw material as iron.
With Bitcoin you can send wealth at long distance and with great speed. You can convert that wealth in the local currency, this can be even bananas if bananas will become so expensive and as result a market for BTC/bananas will exist
What if in 10 years humans will go in space and start mining asteroids full of minerals, Gold included ? =>the price of gold will crash and gold will become a common raw material as iron.
With Bitcoin you can send wealth at long distance and with great speed. You can convert that wealth in the local currency, this can be even bananas if bananas will become so expensive and as result a market for BTC/bananas will exist
I would diversify. Btc, Gold, alt currencies, stocks, and bonds - probably in that order.
Only a fool would put all his eggs in one basket.
Only a fool would put all his eggs in one basket.
Gold...quite easily.
80% in Btc 20% in gold, thats my own opinion.
Send gold from China to USA this takes a lot of time.
Bitcoin some minutes.
Bitcoin some minutes.
Bitcoin is digital
it makes it much different than gold is.This is why I am thinking about why people put a gold in a basket with bitcoin
If I can only pick one I would pick gold. Considering the possible risks in the next ten years, gold is likely to be more resilient and I can't ignore it's track record as a store of wealth. Bitcoin may be the future, but a collapse of civilization also might be the future. In such a scenario gold will be more useful than bitcoin.
Personally gold. You explicitly said 10 years which I count as long-term, which was the purpose of gold and other precious metals. Preservation of wealth and long-term holding. If I could choose both, it probably be 55/45 (GOLD/BTC).
If you ask me, bitcoin.
Gold as money has only one advantage atm and that is the risk it will go to zero is zero.
Gold for insurance and bitcoin for the rest.
Nobody here believes money has to have intrinsic value any more, right ?
--edit--
forgot about the market cap advantage, but that's not my problem.
Gold as money has only one advantage atm and that is the risk it will go to zero is zero.
Gold for insurance and bitcoin for the rest.
Nobody here believes money has to have intrinsic value any more, right ?
--edit--
forgot about the market cap advantage, but that's not my problem.
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