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Topic: Bitcoin or gold? - page 573. (Read 984460 times)

newbie
Activity: 55
Merit: 0
April 02, 2014, 03:20:57 AM
Send gold from China to USA this takes a lot of time.
Bitcoin some minutes.
legendary
Activity: 2940
Merit: 1865
April 01, 2014, 12:23:14 PM
...

I mentioned WAY upthread that BTC and gold are complementary, and this decision should not be either BTC or gold, but both!

I would further add that diversification into other precious metals (Pt, Ag and Pd) might be a good idea for those inclined.  Pd has lots of interesting properties as a metal, and there are only two major producers (Russia and South Africa).  But, you can find Pd Maples if you look around.

Re diversification into other alt-coins, I suspect that might be a good idea if there are others which are well-designed.  But, I only hold BTC.  I should find a thread discussing OTHER alt-coins for us poor newbs...!
legendary
Activity: 2212
Merit: 1199
April 01, 2014, 11:59:07 AM
Gold. It has been in use for so long that it is stable enough to bet on in the long run.

Gold is stable enough but you don't know what is going to be in next few years when billions bacterias in laboratories will produce gold price might drop a lot...
full member
Activity: 140
Merit: 500
I'm blocking all private messages. Use Bitmessage!
April 01, 2014, 01:59:02 AM
just diversified your portopolio
60% gold and 40% BTC is fine for me
gold price will skyrocketing when economic and policital situation not good
newbie
Activity: 2
Merit: 0
March 31, 2014, 02:50:51 PM
Gold. It has been in use for so long that it is stable enough to bet on in the long run.
sr. member
Activity: 322
Merit: 250
March 31, 2014, 01:32:03 PM
putting all your savings in either gold or in btc is not a good option,on the other way gold have established market you won't lose all in once but in btc invest only if you afford to lose its kind of gamble.
full member
Activity: 179
Merit: 100
Bitcoin: money chosen by the market.
March 31, 2014, 12:14:53 PM
The marketplace shows that this is an unrealistic question.

As has been said before, gold is the less risky choice. However, I didn't get where I am by always choosing the less risky choice. I also didn't get where I am by putting all my eggs in one basket. Momma always said only a fool does that.  Wink
newbie
Activity: 28
Merit: 0
March 31, 2014, 10:02:27 AM
Now I can say BTC for sure ...
legendary
Activity: 1708
Merit: 1049
March 29, 2014, 11:32:23 PM
I got nothing against Bitcoin, But i have been buying gold and silver lately, I like metals they are shiny and very beautiful to look at, And also the fact that i can hold them in my hand is very comforting.

I like to be alone when i admire them and i often refer to one in particular as my "precious".

That was hilarious, but it has a grain of truth for stackers Cool
sr. member
Activity: 321
Merit: 250
March 29, 2014, 09:13:38 PM
I got nothing against Bitcoin, But i have been buying gold and silver lately, I like metals they are shiny and very beautiful to look at, And also the fact that i can hold them in my hand is very comforting.

I like to be alone when i admire them and i often refer to one in particular as my "precious".
newbie
Activity: 28
Merit: 0
March 29, 2014, 02:38:16 PM
Is NOT the same :d
newbie
Activity: 55
Merit: 0
member
Activity: 73
Merit: 10
March 29, 2014, 07:25:43 AM
Bitcoin must will be the gold,I have confidence in it
newbie
Activity: 28
Merit: 0
March 29, 2014, 06:32:51 AM
gold is not comparable with bitcoin there is a big difference between them. gold has a intrinsic value but bitcoin is based on nothing.and if somthing happen for its system it can be plunged sharply  
newbie
Activity: 39
Merit: 0
March 29, 2014, 05:59:04 AM
Both are good and i will prefer both.
newbie
Activity: 54
Merit: 0
March 29, 2014, 04:22:36 AM
Bitcoin, duh!
newbie
Activity: 91
Merit: 0
March 29, 2014, 04:04:10 AM
ALready in both!  Wink but Gold has long history so I think it is more safe to get gold if you should choose only one of them
jr. member
Activity: 52
Merit: 21
March 29, 2014, 03:59:58 AM
I choose both! No one knows what's gonna happen in future so you'd better to have everything in case on is gonna loose it's liquidity
newbie
Activity: 53
Merit: 0
March 29, 2014, 01:58:41 AM
I think a crypto backed by gold or silver would be a cool idea, But it would probably be hard to implement it, You would have to "Trust" someone with securely storing the physical gold and silver and the crypto would have to be redeemable so that anyone could request a withdraw of their physical gold and silver.

This is exactly what I'm proposing here: https://bitcointalksearch.org/topic/ann-overcoin-monetary-systems-gold-backed-bitcoin-project-old-timer-341889
sr. member
Activity: 334
Merit: 250
March 29, 2014, 01:58:31 AM
Gold....crypto is gambling as nobody knows the future. Gold has a long history as being a form of 'money' and store of wealth.

I hold physical gold, silver as well as 10% of my wealth in BTC/LTC. Gold and Silver will surely increase in value in 15-20 years when I need it and Crypto could go to 0 or $100k a coin for all we know. Its a bet on new technology and public adoption.

Don't put anything into BTC that you wouldn't care to lose in a few years.
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