Bitcoin or Gold? What would you pick? - page 168.

Nerazzura

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Quote from: trand on June 19, 2014, 05:49:45 AM

of course gold because gold more stable than bitcoin
for example if you buy gold now and keep it for long time you can sell with high price because gold price never go down different with Bitcoin the price could drop anytime

true, but when bitcoin rise in price was fantastic.
when you have a lot of gold. then the thieves will notice you and lives will be at stake. however, the thieves are not so interested in bitcoin because they do not know the thing works. lol

Nerazzura

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Quote from: kekky on April 26, 2014, 01:56:31 PM

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 prefer to gold especially gold value was not as high as in recent years sometimes very-very fall once, so even sure if the current Writer's We-we are looking to invest in an easy and efficient to try to collect at least a little while Bitcoin no prospects ahead Increasing that value is because the first 1 BTC = $ 13 now for several years to break through $ 828 this article is currently in the Write, it proves that the investment should not just one type only and do not just trust one source Try to frequently look for information so we are stuck.

3elks

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I pick gold because i like shiny things.

trand

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of course gold because gold more stable than bitcoin
for example if you buy gold now and keep it for long time you can sell with high price because gold price never go down different with Bitcoin the price could drop anytime

Harley997

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Quote from: boumalo on June 17, 2014, 12:30:11 PM

Quote from: gentlemand on June 17, 2014, 10:58:54 AM

Gold doesn't interest me in the slightest as an investment or hedge. I would like to own some just for pleasure.

It's over 30 years since its inflation-adjusted high and there's no real sight of another one coming. I'm not interested in returns over a multi-decade time frame and I don't care if the same quantity'll still buy a nice suit in 3027.

In many ways it's a victim of its own ubiquity as an alternative to regular currencies. It's the most visible, thus the most suppressed and manipulated.

BTC is a far attractive prospect to me. It fits the times, fulfills a need and it's still well under the radar. I'll take my risks on that.

Bitcoin has far greater potential but Gold is less risky and you can get a huge return on Gold if you enter before a spike so if you enter before the market overcomes the manipulation by governments/big banks to lower the price to make believe there is a recovery when it is a fake recovery bought at an alarming price

Gold is much more liquid then bitcoin is. Gold would be a much better hedge against inflation.

Bitcoin is a better long term growth investment.

counter

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Time is on our side, yes it is!

I think I've now converted to camp "both". Can't beat physical and you can't beat bitcoin.

You have to respect the true value of both and why they outperform the other in regards to different situations or aspects.

boumalo

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Quote from: gentlemand on June 17, 2014, 10:58:54 AM

Gold doesn't interest me in the slightest as an investment or hedge. I would like to own some just for pleasure.

It's over 30 years since its inflation-adjusted high and there's no real sight of another one coming. I'm not interested in returns over a multi-decade time frame and I don't care if the same quantity'll still buy a nice suit in 3027.

In many ways it's a victim of its own ubiquity as an alternative to regular currencies. It's the most visible, thus the most suppressed and manipulated.

BTC is a far attractive prospect to me. It fits the times, fulfills a need and it's still well under the radar. I'll take my risks on that.

Bitcoin has far greater potential but Gold is less risky and you can get a huge return on Gold if you enter before a spike so if you enter before the market overcomes the manipulation by governments/big banks to lower the price to make believe there is a recovery when it is a fake recovery bought at an alarming price

gentlemand

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Gold doesn't interest me in the slightest as an investment or hedge. I would like to own some just for pleasure.

It's over 30 years since its inflation-adjusted high and there's no real sight of another one coming. I'm not interested in returns over a multi-decade time frame and I don't care if the same quantity'll still buy a nice suit in 3027.

In many ways it's a victim of its own ubiquity as an alternative to regular currencies. It's the most visible, thus the most suppressed and manipulated.

BTC is a far attractive prospect to me. It fits the times, fulfills a need and it's still well under the radar. I'll take my risks on that.

GaryL

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Bitcoin because it Change rate is relatively large, exciting.

boumalo

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Quote from: kekky on April 26, 2014, 01:56:31 PM

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???

If possible I would spread my new wealth on Bitcoin, Gold, other assets

If I really have to choose only between Gold and Bitcoin I would choose Bitcoin or I would be writing on a Gold forum Grin

nagabeler

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If I sold my house and I am gonna choose, for now i preferred gold, because although gold also have fluctuation, it's nothing than BTC

STT

legendary

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Price has never been so high is not really true. The number has never been so high but value of gold has been higher
This is why gov gets away with its tricks, people judge on face value so 'gold is really expensive' Its actually cheap and this can be seen by how costly production often is.

Banks lend out their gold reserves as a form of income. Same happens with shares, big holdings are often used in short sales because you retain ownership and earn money on the lend.

Giga, where abouts are you mining and I assume its surface mining with water? Is there a decent income to be had

Harley997

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Quote from: Dalmar on June 11, 2014, 02:23:27 PM

Quote from: deisik on June 11, 2014, 01:50:25 PM

You forget about the real dollar inflation (and the amount of money available to financial markets). If you take this into account, you will get almost where we're now (and I don't understand what this pattern actually shows)... Cool

And the arrow downwards has all the chances to be just wishful thinking! Roll Eyes

Wall street doesn't care whether the CPI is fake or not. They will short the hell out of gold as it gets near the CPI adjusted high, which happened in 2011 and the years after.

I wouldn't say that banks/"wall street" would be shorting gold as it reaches new highs, but rather people are outright selling more because the price has never been as high

GigaBit

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I think you're cruel for asking Shocked

I am a gold miner as well as a Bitcoin miner

Neither.

Mining assets because they provide a source to both Wink

I like mining Bitcoin a lot more because it's quite labor-free but Gold mining is a lot more fun and rewarding.

As a currency on its own, I prefer Bitcoin over Gold now because of it's practicality, when compared to Gold.

I'll always have Gold from my claim so I concentrate on Bitcoin now.

STT

legendary

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Quote

gold could easily fall to about 700 to 500 USD and even stay there for a long time.

We have active buyers in gold so we would also need active sellers to match and bring price down. It wont fall by people just holding it. If they liquidate fort knox then I guess $500 but also arent dollars worth less then ? Its all a treadmill and I dont see the result (easily) being lower gold

A big clue to gold is the oil price because of all the machinery running costs to refine it down.

Are you going to gauge accuracy by CPI or by the oil cost to your house heating and transport costs. CPI is artifical and subject to politics and statistical interpretation where as oil is non-negoiable cost usually
I dont trust CPI to stay down or oil to cost less especially.
Here is longer term graph, so oil to gold is 2.5 now similar to quite a few other times, most of the 50's and 60's

The key to the housing crash precursor was to observe the cost of housing in years of rental. When the house cost 50 or 100 years of rental costs, it was overpriced. Seems gold oil are also related prices

deisik

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Quote from: Dalmar on June 11, 2014, 02:23:27 PM

Quote from: deisik on June 11, 2014, 01:50:25 PM

You forget about the real dollar inflation (and the amount of money available to financial markets). If you take this into account, you will get almost where we're now (and I don't understand what this pattern actually shows)... Cool

And the arrow downwards has all the chances to be just wishful thinking! Roll Eyes

Wall street doesn't care whether the CPI is fake or not. They will short the hell out of gold as it gets near the CPI adjusted high, which happened in 2011 and the years after.

So it is about time get to the new highs... Okay, then! Cool

Dalmar

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Quote from: deisik on June 11, 2014, 01:50:25 PM

You forget about the real dollar inflation (and the amount of money available to financial markets). If you take this into account, you will get almost where we're now (and I don't understand what this pattern actually shows)... Cool

And the arrow downwards has all the chances to be just wishful thinking! Roll Eyes

Wall street doesn't care whether the CPI is fake or not. They will short the hell out of gold as it gets near the CPI adjusted high, which happened in 2011 and the years after.

deisik

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Quote from: Dalmar on June 11, 2014, 12:29:53 PM

Quote from: deisik on June 11, 2014, 11:15:20 AM

Quote from: Dalmar on June 11, 2014, 09:49:48 AM

Gold is in a long term bear market. It has had its peak in 2011 and is not going to go above it for decades.

It will probably go down to as low as 500 in the coming years. It's a waste of time to own it for now. Maybe around 2030ish you should start thinking of going long gold.

500 of what? Euros, dollars? Shocked

But in any case it can't go beyond its cost of mining, which is well above $500 (if you indeed meant dollars) on average (though it can drop a bit, but not for a long time, like oil went from $140 to $30 and then back to $100+)... Cool

If the long term pattern repeats, gold could easily fall to about 700 to 500 USD and even stay there for a long time.

You forget about the real dollar inflation (and the amount of money available to financial markets). If you take this into account, you will get almost where we're now (and I don't understand what this pattern actually shows)... Cool

And the arrow downwards has all the chances to be just wishful thinking! Roll Eyes

boumalo

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I would pick both as well; they are different and both positive in terms of protecting yourself against inflation and its consequence : price increase

wenben

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Quote from: jeffersonairplane on June 11, 2014, 11:56:28 AM

I would pick gold due to the fact that Bitcoin's price would increase for me to have a greater return. Yes Bitcoin may completely fall short, but Im sure it won't

Gold has been tested for over 1000 years.

Bitcoin, by comparison, has only gain attention by the public recently.

Topic: Bitcoin or Gold? What would you pick? - page 168. (Read 299008 times)