Bitcoin or Gold? What would you pick? - page 113.

STT

legendary

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Quote from: CryptoDesigner on November 17, 2015, 04:35:43 PM

In times of war your own governments and other thieves always steal the peoples gold.
And as long as we accept stolen gold as payment our leaders will always have their guns to enforce their injustice.

I did a video about that >> https://www.youtube.com/watch?v=HpZJUx5pmsk

I dont think thats really the case for the ordinary person. Just one coin be worth over $1000 dollars so its not hard for a modest citizen to hide their gold from confiscation. Plain dollars of course have a value centrally held and its impossible to control if they will be taken or not. Bitcoin again we could say well we're just take your computer but thats nonsense as it can easily be relayed elsewhere and kept as a virtual secret but I also say gold is very easy to bury somewhere remote and it wont rust and it cant be taken for the duration of a war and so on. I'd rather not do that but I could, its a useful currency

raaajlucky

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Quote from: dre1982 on November 19, 2015, 08:18:07 AM

If I had to choice I still would go for Gold. Gold has been there for decades and already a reliable investment. Bitcoin is still too unpredictable. Maybe the potential of Bitcoin is much bigger but it's also still more risky.

Yes gold is very reliable investment but one can invest in bitcoin for quick profits but in small quantities. I put more money in gold than bitcoins.

newbitcoins

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Quote from: dre1982 on November 19, 2015, 08:18:07 AM

If I had to choice I still would go for Gold. Gold has been there for decades and already a reliable investment. Bitcoin is still too unpredictable. Maybe the potential of Bitcoin is much bigger but it's also still more risky.

Gold is very established. Many people use it as hedge against inflation for centuries. Bitcoin is too young. No more than 10 million knows about it.

dre1982

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★Bitvest.io★ Play Plinko or Invest!

If I had to choice I still would go for Gold. Gold has been there for decades and already a reliable investment. Bitcoin is still too unpredictable. Maybe the potential of Bitcoin is much bigger but it's also still more risky.

richardsNY

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Quote from: ACAB on November 19, 2015, 06:25:54 AM

I always choose Bitcoin against gold since 2013. I think the future is Bitcoin, but gold is stay there and still be relevant. I just think Bitcoin is much better investment idea.

Gold is and will always be relevant. It has been used as value for thousands of years, and will most likely be used for another few thousand years. But as far as investments goes, I will always choose for Bitcoin. There is much more profit to be made in the long term.

coingiant1

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No one knows what future exactly is, anything can happen anytime. I would choose both, but choosing the best split would be huge task. I also believe that BTCBTC has better potential compared to gold. Safety First!

ACAB

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I always choose Bitcoin against gold since 2013. I think the future is Bitcoin, but gold is stay there and still be relevant. I just think Bitcoin is much better investment idea.

LuckyYOU

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I would pick both of them

I believe both of them are good investments

Bitcoin is still growing and I believe this will continue to happen

As for Gold, it's been around for years and there's still demand for it

RealPhotoshoper

legendary

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while marc Faber has said "i will never sell my gold," he also noted"i like the idea of bitcoin," and the battle between the 'alternative currencies' continues. The following infographic provides a succint illustration of the similarities and differences between gold and bitcoin.
http://www.jmbullion.com/wp-content/uploads/2014/06/bitcoin-vs-gold-infographic.jpg

CryptoDesigner

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In times of war your own governments and other thieves always steal the peoples gold.
And as long as we accept stolen gold as payment our leaders will always have their guns to enforce their injustice.

I did a video about that >> https://www.youtube.com/watch?v=HpZJUx5pmsk

Scream

sr. member

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U will never know the true answer, before you try

i will pick both of them

Gold is good for jewelry investment, and bitcoin as technology investment

we can't predict 100% at gold/bitcoin but in future im sure 1 of both will be going up to the moon

OrientA

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Quote from: FrostStick on November 13, 2015, 06:38:06 PM

I'd say a 50/50 split of my wealth between Bitcoins and Gold. That would be the safest and most profitable.

80/20 split of my wealth between bitcoin and gold. Bitcoin has more potential than gold. It is online money (currency) as well as investment. The value will increase as long as the adoption increases. We can use it as a currrency and buy things easily. We cannot do that with gold.

CryptoDesigner

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Bitcoin will break the market while the fiat dollar, gold & silver will collapse !

Watch my video on this https://www.youtube.com/watch?v=fDXzXwZ0Ydc

It's a fairly long video.. but as I explain. I believe that once people realize that Bitcoin is the real thing
then who in their right mind would want to store gold anymore.
I think gold & silver will collapse !

Stay cool/ Friends

btcjoin14

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I will go for bitcoin, i believe in technology. gold will not shine anymore, its fadded but bitcoin has a bright future

HighPixelr

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Gold, no second thoughts.

Scream

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U will never know the true answer, before you try

Quote from: JeanMcCoy on November 12, 2015, 04:33:49 AM

I will choose for BTC.

Because of online purchase and is cheaper sending money.

you are smart friend

bitcoin is future of technology

now more people interesting to adopt bitcoin technology and im sure in future bitcoin price will stable at $500 above

FrostStick

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I'd say a 50/50 split of my wealth between Bitcoins and Gold. That would be the safest and most profitable.

pitham1

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Quote from: fullypak on November 12, 2015, 08:58:03 AM

I think you understood the meaning of long term price appreciation. Yes I know gold prices has come down around 30% from last couple of years but see how long it took to come down just around 30% so it will give you an ample of time to exit if you feel prices are going down but look at the btc volatility in 24 hours time recently it can go up or down more than 30% so I think one can buy small portion of their portfolio. I will go for more on gold and less on bitcoin.

Gold as a long-term hedge against inflation.
A little bit of Bitcoin, in the hope that it goes to the moon in the future.
That is my strategy as well.

hollymagnolia

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Quote from: Mrbutter on October 24, 2014, 08:28:42 PM

GOLD
because gold is forever.
What if something happens in the future that wipes out the entire btc currency system??

I totally agree with you in choosing GOLD. Gold has been here ever since and will be here still.

I wonder, what would happen to those who totally invested on bitcoin against gold when the time comes when the entire btc currency system gets wiped out? Huh

fullypak

legendary

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Quote from: Betwrong on November 12, 2015, 04:01:20 AM

I'd pick Bitcoin definitely. I'd pick it because I think Bitcoin is something from the future and gold is something from the past.

And to the people who brings up the issue of Bitcoin's volatility I'd propose to take a look at the picture below.

I think you understood the meaning of long term price appreciation. Yes I know gold prices has come down around 30% from last couple of years but see how long it took to come down just around 30% so it will give you an ample of time to exit if you feel prices are going down but look at the btc volatility in 24 hours time recently it can go up or down more than 30% so I think one can buy small portion of their portfolio. I will go for more on gold and less on bitcoin.

Topic: Bitcoin or Gold? What would you pick? - page 113. (Read 299006 times)