Gold since the begining of time, and until the end.
Bitcoin since beginning of 2009 and until the end. It will survive and resurrect in various forms.
Topic: Bitcoin or Gold? What would you pick? - page 121. (Read 298970 times)
Bitcoin since beginning of 2009 and until the end. It will survive and resurrect in various forms.
However bitcoin enables fast and easy transactions instead of exchanging gold to fiat money and buy things with it. The Internet is growing every single second and bitcoin will probably be accepted by almost everyone after the world has finally noticed how big bitcoin can grow
Fast transactions are possible only if you are using Bitpay or some other payment processor. Yesterday, I tried to transfer BTC0.50 after paying BTC0.0001 in tx fee. But I received the necessary 3 confirmations only after 24 hours. It was a long and frustrating wait. If the miners are not happy with the tx fee, then it is a very bad sign for BTC.
This is a sign that the decentralization of bitcoin is only words. If are the miners which can decide the future of the fees they can make in the near future hidden agreements with each other about the amount of fees and make decisions which cannot be impeded by no one. This way has followed by all few entrepreneurs which offered the same good in the market and were them only which offered that good. But later was the State (Government) which impeded such kind of agreements. While bitcoin has as defenders only they who want the decentralization and the not regulation of it. I am curious about reaction of the lasts if the situation supposed by me above (with the miners) can become true....
However bitcoin enables fast and easy transactions instead of exchanging gold to fiat money and buy things with it. The Internet is growing every single second and bitcoin will probably be accepted by almost everyone after the world has finally noticed how big bitcoin can grow
Fast transactions are possible only if you are using Bitpay or some other payment processor. Yesterday, I tried to transfer BTC0.50 after paying BTC0.0001 in tx fee. But I received the necessary 3 confirmations only after 24 hours. It was a long and frustrating wait. If the miners are not happy with the tx fee, then it is a very bad sign for BTC.
Gold since the begining of time, and until the end.
Bitcoin.
In the near future I think the price of bitcoin will be as high as Gold or much more.
In the near future I think the price of bitcoin will be as high as Gold or much more.
Gold has more than 5000 years reputation of value holder
Bitcoin has been born 5 years ago.
Bitcoin has been born 5 years ago.
Gold is proven. We have to work hard to make sure bitcoin can be used widely and we can store value there.
Gold has more than 5000 years reputation of value holder
Bitcoin has been born 5 years ago.
However bitcoin enables fast and easy transactions instead of exchanging gold to fiat money and buy things with it. The Internet is growing every single second and bitcoin will probably be accepted by almost everyone after the world has finally noticed how big bitcoin can grow Bitcoin has been born 5 years ago.
bitcoin xD
...
The sense I am getting from this thread (and others re gold & BTC) is that gold is the better, and certainly safer, asset. Yet most of us here (this thread it seems) own both!
For reasons I have discussed earlier, I think that Bitcoin and gold are "orthogonal" (prices tend to move independently) and so are both good holdings.
Perhaps the better discussion would be: What percentages of one's (net) assets should be in gold, and what percentage in Bitcoin?
A reasonable start to this might be my own rough holdings: nearly 10% in gold, nearly 1% in BTC. BTC is very volatile, but does have the potential to be a winning lottery ticket...
The sense I am getting from this thread (and others re gold & BTC) is that gold is the better, and certainly safer, asset. Yet most of us here (this thread it seems) own both!
For reasons I have discussed earlier, I think that Bitcoin and gold are "orthogonal" (prices tend to move independently) and so are both good holdings.
Perhaps the better discussion would be: What percentages of one's (net) assets should be in gold, and what percentage in Bitcoin?
A reasonable start to this might be my own rough holdings: nearly 10% in gold, nearly 1% in BTC. BTC is very volatile, but does have the potential to be a winning lottery ticket...
That's was the form which has my answer given at July 17. It is not that I "predicted" your above post?
Below the repetition of my answer given to your previous and actual questions:"Definitely I would take both. It is normal to diversify the investments. Both of them are potential investments. So I would prefer to believe equally in both of them. Half of my money that are designated to invest will go in bitcoin and half of them in gold. Maybe 60-70% in bitcoin because of hope I have that bitcoin will go high in years."
July 17, 2015, 12:27:17 PM
It is changed only the word "diversify" because in the original post was wrong (diversificate)
I've right if evaluate myself with 5 stars?
Gold has more than 5000 years reputation of value holder
Bitcoin has been born 5 years ago.
Bitcoin has been born 5 years ago.
i would choose gold, stable price
everyone wants to collect gold for the future
Gold is a real material
everyone wants to collect gold for the future
Gold is a real material
The price of gold is more stable than bitcoin, however, you cannot use gold to buy goods or service easily. You have to convert the gold into fiat. However, there are many places accepting bitcoin.
it's only more stable because of the time frame of its stability, but if you take a look at both chart, both things had their value down for a quite big numbers
so the instability of gold vs bitcoin, is more spread in the time, but it's very akin
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???
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 would pick gold all the time. The value of bitcoin is highly volatile.
i would choose gold, stable price
everyone wants to collect gold for the future
Gold is a real material
everyone wants to collect gold for the future
Gold is a real material
The price of gold is more stable than bitcoin, however, you cannot use gold to buy goods or service easily. You have to convert the gold into fiat. However, there are many places accepting bitcoin.
Yes both investment purpose and usage purpose bitcoin out perform gold. Gold is the only traditional investment commodity whereas in modern world we got a new innovative and most powerful thing which will outperform gold in value appreciation ratio in past records.
It has been observed over the last few years that the Asian investors buy gold when its price goes up, whereas the investors in the West buy gold when its price is falling.
Does anybody have any observation on the demand for bitcoin in the East and the West in relation to its price ?
Does anybody have any observation on the demand for bitcoin in the East and the West in relation to its price ?
i would choose gold, stable price
everyone wants to collect gold for the future
Gold is a real material
everyone wants to collect gold for the future
Gold is a real material
The price of gold is more stable than bitcoin, however, you cannot use gold to buy goods or service easily. You have to convert the gold into fiat. However, there are many places accepting bitcoin.
i would choose gold, stable price
everyone wants to collect gold for the future
Gold is a real material
everyone wants to collect gold for the future
Gold is a real material
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???
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???
A mix of if bitcoin and gold would be the best. Gold is still a known and valued commodity everywhere in this world since ages (and it working without electricity and internet), bitcoin is an emerging stuff with great potential in the future.
Given each has same value at the time plus my knowledge about crypto i say i would go for bitcoin. I can spend it right away buying goods or exchanged to fiat instantly.
I would not go for physical gold. rather an digital asset pegged to gold (bitshares bitgold).
i will choose bitcoin, i can earn bitcoin with "cheap fee" also we can earning bitcoin with more way than gold
and don't forget about thchnology, bitcoin is very potential in future
and don't forget about thchnology, bitcoin is very potential in future
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