Topic: Bitcoin or Gold? What would you pick? - page 101. (Read 298970 times)
that's a very difficult choice in a way, gold has had a massive fall in price compared to it's usually stable self, while BTC needless to say is a risky investment and investing big amounts in it is just for skilled traders IMO. I would prefer BTC now considering the current trend for a short term investment.
I love Bitcoin and all the potential it offers... But unfortunately if I had to choose between Bitcoin and Gold and only be able to buy one I would have to go with Gold. Only because it would be so much easier selling the gold and converting it to Fiat currency if needed. I can basically walk into any gold broker with an American Eagle gold coin and walk out with cash in hand. Bitcoin still needs electronic transfer of some kind to make it to your hand. There's also the.local meet up method but that's much shader than going to a reputable gold broker
But the problem lies with the convenience of cashing out at will. I know, at least where I'm located, that I can't think of a reputable gold broker around me. All I can think of to get cash in hand at will, would be to go to some pawn shop down the road, and they would probably pay me peanuts to what the coin is actually worth (that's how they survive as a business, and thrive on people desperate for cash NOW).
I'm sure if I were to look up some good brokers around my location that I would be able to find someone... but it's not convenient for me.
I'm not saying all of this to take away from gold though... I love the concept of gold as a safe store of wealth; even though I don't personally own any bars right now at the moment. But I plan on purchasing some down the road when I get some extra change in my pocket.
for ordinary people (society) will certainly choose gold, they think gold is still an asset or investment that promises, I think it was because of the popularity of gold,
Imagine if bitcoin becomes popular, I think everyone will switch to bitcoin
Imagine if bitcoin becomes popular, I think everyone will switch to bitcoin
Gold is indeed a great assets to have your money in.
That market has been here for a very long time.
I doubt that it will go away very soon.
gold will be just as a piece of jewelry, not an investment
I would choose both, bitcoin for short-term investments and gold for long-term investment .
You can not use bitcoin as a short-term investment, bitcoin price is very fluctuate right now, I can not convince bitcoin prices will rise or fall in the near future, it's the same with gambling, if you choose short-term investments for bitcoin I would choose both, bitcoin for short-term investments and gold for long-term investment .
That's the same thing I am doing. Well would do if my investment budget wasn't gone into some stock.
Right now bitcoin is the coin with potential.
I would choose both, bitcoin for short-term investments and gold for long-term investment .
That's the same thing I am doing. Well would do if my investment budget wasn't gone into some stock.
Right now bitcoin is the coin with potential.
I would choose both, bitcoin for short-term investments and gold for long-term investment .
for ordinary people (society) will certainly choose gold, they think gold is still an asset or investment that promises, I think it was because of the popularity of gold,
Imagine if bitcoin becomes popular, I think everyone will switch to bitcoin
Imagine if bitcoin becomes popular, I think everyone will switch to bitcoin
Gold is indeed a great assets to have your money in.
That market has been here for a very long time.
I doubt that it will go away very soon.
for ordinary people (society) will certainly choose gold, they think gold is still an asset or investment that promises, I think it was because of the popularity of gold,
Imagine if bitcoin becomes popular, I think everyone will switch to bitcoin
Imagine if bitcoin becomes popular, I think everyone will switch to bitcoin
I love Bitcoin and all the potential it offers... But unfortunately if I had to choose between Bitcoin and Gold and only be able to buy one I would have to go with Gold. Only because it would be so much easier selling the gold and converting it to Fiat currency if needed. I can basically walk into any gold broker with an American Eagle gold coin and walk out with cash in hand. Bitcoin still needs electronic transfer of some kind to make it to your hand. There's also the.local meet up method but that's much shader than going to a reputable gold broker
It is very easy to convert Bitcoin to fiat nowadays. I keep both though. Never keep all your eggs in 1 basket. Am I right? 
I love Bitcoin and all the potential it offers... But unfortunately if I had to choose between Bitcoin and Gold and only be able to buy one I would have to go with Gold. Only because it would be so much easier selling the gold and converting it to Fiat currency if needed. I can basically walk into any gold broker with an American Eagle gold coin and walk out with cash in hand. Bitcoin still needs electronic transfer of some kind to make it to your hand. There's also the.local meet up method but that's much shader than going to a reputable gold broker
I have always liked BOTH, and made that clear on occasion.
Nonetheless, my own choices have made it clear which I prefer between gold and BTC (in terms of US$ value of my holdings): Gold!
I own both, and am happy with both. I just own more gold. rmc0315 explains part of reasons why. Gold's 5000 + year history explains much of the rest.
Gold and Bitcoin move differently, they are different "vectors" if you will. Therefore, BOTH are a great part of diversification in one's own portfolio of assets. There need be no either gold or BTC, BOTH is the best answer!
I love Bitcoin and all the potential it offers... But unfortunately if I had to choose between Bitcoin and Gold and only be able to buy one I would have to go with Gold. Only because it would be so much easier selling the gold and converting it to Fiat currency if needed. I can basically walk into any gold broker with an American Eagle gold coin and walk out with cash in hand. Bitcoin still needs electronic transfer of some kind to make it to your hand. There's also the.local meet up method but that's much shader than going to a reputable gold broker
If given a choice, I'll choose to walk away with bitcoin. gold can be snatched by someone, while on bitcoin you need to brute my password to get it from me. besides, bitcoin price flactuate from deep down and rise up to the sky. and it all happens in just short period of time. so no need to wait long to profit. 
If given a choice to walk away with either Bitcoin or gold of equivalent value, what would you pick?
Asians and Westerners were asked in Taipei in Chinese and English if they would take Bitcoin or gold home with them that day, and the answer might surprise you...
http://www.youtube.com/watch?v=m6GiC8dqN9A
We just shot a video outside the Taipei 101 skyscraper area here and gave people a chance to answer if they would walk away with either Bitcoin or gold- and why.
If you were approached and were offered the same deal, would you walk away with Bitcoin or gold in your pocket, and why???
i will walk away with Bitcoin,of course i will choose bitcoin,we dont need pocket to carry bitcoin,and if you choose gold,your pocket might to weight,and bitcoin more fluctuate than gold,its interesting for me. Asians and Westerners were asked in Taipei in Chinese and English if they would take Bitcoin or gold home with them that day, and the answer might surprise you...
http://www.youtube.com/watch?v=m6GiC8dqN9A
We just shot a video outside the Taipei 101 skyscraper area here and gave people a chance to answer if they would walk away with either Bitcoin or gold- and why.
If you were approached and were offered the same deal, would you walk away with Bitcoin or gold in your pocket, and why???
wish both of them but BTC price is not more reliable as Gold so for short term earning i will choose Bot coin but for long term investment i choose GOLD
I would rather pick gold than bitcoin, but if I have much money then I would like to buy both of them..
Gold is more or less a safe haven to invest into while Bitcoin is a high risk investment.
you have to pick what you want to do with your investment.
you have to pick what you want to do with your investment.
If that chance would come to me? I would pick the gold. Because of its pricing (mentioned by other comments)
To my current living status and in reality, I would pick bitcoin because its much easier to do bitcoin than mining literally for gold.
To my current living status and in reality, I would pick bitcoin because its much easier to do bitcoin than mining literally for gold.
Right now it's way better t have some gold then some bitcoins.
The price is very volatlile, today you got 3k. Tomorrow it can be worth only 2.5k.
For me a stable asset is more important then just potential
The price is very volatlile, today you got 3k. Tomorrow it can be worth only 2.5k.
For me a stable asset is more important then just potential
Bitcoin is much better as it has a higher potential of price rise. Gold is too stable. If you invest in Bitcoin you will make profit, if you invest in gold, you won't make profit.
but gold is very safe. while bitcoin quite risky when the price dropped so far, but yeah bitcoin can earn huge profits as well as extremely high rise
gold has decreased continuously
Jump to: