I have long already had and still have both Bitcoin's and Gold bullion.
I used to trust only in physical gold bullion, just in case the worst of times ever came.
That changed a while ago, in fact well over a year ago!
I presently, finally believe and confess to all that Bitcoin is the Strongest Store of Value ever created.
(math+science) x 21m/btc x dominating the marketplace = best store of value as of June 2014.
The odds are greatly in favor of Bitcoin already being "the Microsoft" of Decentralized Cryptocurrency.
It's self evident why I believe Bitcoin is now the strongest store of value. (If one understands what I understand).
But I still adore and treasure that shiny yellow heavy medal. It's also a must for every prudent person's portfolio.
Bitcoin is the Strongest Store of Value starting in June 2014.
Nothing will outperform Bitcoin year over year (roughly every 8 to 18 months) for an extremely likely minimum of a few more years time.
All while the naysayers end up crying their way to their bitter end.
The next "Microsoft type of success" is Bitcoin. It's going to sweep all over this world, just like Microsoft, but do much, much more.
Topic: Bitcoin or Gold? What would you pick? - page 172. (Read 298970 times)
Bitcoin any time.
You can't compare them together like this. But still i would prefer 60% btc 40% gold.
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???
Both are way different from each other and they shouldn't be compared but if I have to I'd pick gold. Why?
Because of it's universal acceptance, Gold is like cash which is accepted everywhere and it can be cashed out anywhere anytime.
You can't go to the grocery store and buy milk with gold. You have to actively seek out a trader to get value for your gold and have security plans in place to get it there. Gold is also very difficult to divide into smaller units. Right now I would say bit coin is a better currency than gold.
i own both gold and btc. i have more faith that my btc will never be stolen. my gold could easily be stolen. yes, you can steal my bitcoin wallet, but good luck figuring out the password.
bitcoin without any doubt, virtual gold, with tons of features
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???
Both are way different from each other and they shouldn't be compared but if I have to I'd pick gold. Why?
Because of it's universal acceptance, Gold is like cash which is accepted everywhere and it can be cashed out anywhere anytime.
gold is too heavy to carry
Gold doesn't erode government power. Give me bit coin.
The ounce of gold in 10 years went from 470 in 2004 to about 1890 usds. Now, stands much lower.
Bitcoin went from 13 usds in January of 2013 to 1160 (Bitstamp) in just one year. It stands at 670.
Bitcoin went from 13 usds in January of 2013 to 1160 (Bitstamp) in just one year. It stands at 670.
Gold...
Who wouldn't invest their $100,000 in gold rather than Bitcoin
For a 10 year investment, gold wins every single time.
Who wouldn't invest their $100,000 in gold rather than Bitcoin
For a 10 year investment, gold wins every single time.
Are you sure that wasn't the movie Rob Roy with smokin hot Jessica Lange?
Awesome flick. Watched it again the other day.
Oh dam yea. I knew it was something Scottish, theres an epic sword fight at the endAwesome flick. Watched it again the other day.
spoiler = http://www.youtube.com/watch?v=27M5KWI_q50
Gold has the trust of maybe 5000 years of world tradition.
Actually, since gold is very rare also in the universe (as other heavy elements, can only be produce in supernovas or even perhaps only on the collision of neutron stars), if there are other intelligent species out there, I bet they will also consider gold as precious.
However, I would chose clearly bitcoin. Unless there is huge inflation, Gold has little to promised. Bitcoin is full of possibilities.
Actually, since gold is very rare also in the universe (as other heavy elements, can only be produce in supernovas or even perhaps only on the collision of neutron stars), if there are other intelligent species out there, I bet they will also consider gold as precious.
However, I would chose clearly bitcoin. Unless there is huge inflation, Gold has little to promised. Bitcoin is full of possibilities.
You sell someone cheap gold and its real but you have a partner round the corner ready to mug this person with their new gold in their pocket. You'd have seen that tactic in braveheart if you remember that film
Are you sure that wasn't the movie Rob Roy with smokin hot Jessica Lange?
Awesome flick. Watched it again the other day.
I wouldnt invest solely in either bitcoin nor gold as they both fluctuate greatly. maybe 75% bitcoin and 25% gold with those percentages varying depending on the news surrounding both commodities.
If I have to choose among only one of them I'd pick bitcoins, but in real I would invest 80% btc and 20% gold.
Both 
Quote
It took 6 days for $ to show up as cleared funds when I sold btc via exchange.
Thats a bad exchange not the coin itself. A simple escrow sale will have btc to cash in under an hour usually
Quote
Silver was introduced because gold is not easily divisible.
Main thing is silver is more common and you get silver whether you want it or not. Its a by product of mining lead and a few other far more common metals. Gold I think is fairly rare to turn up in other mines, not specifically seeking it.
Anyway Im objecting to - not easily divisible. Gold has some extreme qualities to it, I believe they make sheets of it to place on cakes. They cost less then a dollar each and the stupidly rich actually eat the gold, its wafer thin and does no harm (but no good either)
A recent project I heard is gold notes. They have plastic see through notes say similar to Australian dollars, but inside you can see a sheet of gold like above but intended to be used for cash
a random google - An ounce of gold can be stretched into a wire 80km (50miles) long or beaten into a sheet covering 9 square metres
not true, it's bitstamp and they made the transfer around 12 hrs after I supplied AML check docs, which I uploaded immediately.
Quote
It took 6 days for $ to show up as cleared funds when I sold btc via exchange.
Thats a bad exchange not the coin itself. A simple escrow sale will have btc to cash in under an hour usually
Quote
Silver was introduced because gold is not easily divisible.
Main thing is silver is more common and you get silver whether you want it or not. Its a by product of mining lead and a few other far more common metals. Gold I think is fairly rare to turn up in other mines, not specifically seeking it.
Anyway Im objecting to - not easily divisible. Gold has some extreme qualities to it, I believe they make sheets of it to place on cakes. They cost less then a dollar each and the stupidly rich actually eat the gold, its wafer thin and does no harm (but no good either)
A recent project I heard is gold notes. They have plastic see through notes say similar to Australian dollars, but inside you can see a sheet of gold like above but intended to be used for cash
a random google - An ounce of gold can be stretched into a wire 80km (50miles) long or beaten into a sheet covering 9 square metres
Gold has more than 5000 years reputation of value holder
Bitcoin has been born 5 years ago.
Gold owner has problem sell gold immediately.
Btc can be sold in a minutes.
Gold cant be falsificated
Btc can be stolen from your wallet easily
Gold is not easily dividable
Btc can be dividable into satoshi ..
...
There are plenty of pros and cons .... everyone has differnet opinion. Depends on what you personaly want and what suits you better
Decide wisely
Bitcoin has been born 5 years ago.
Gold owner has problem sell gold immediately.
Btc can be sold in a minutes.
Gold cant be falsificated
Btc can be stolen from your wallet easily
Gold is not easily dividable
Btc can be dividable into satoshi ..
...
There are plenty of pros and cons .... everyone has differnet opinion. Depends on what you personaly want and what suits you better
Decide wiselyI'll agree that there are pros and cons - these differ for individuals.
I can take some gold (or silver) for a 10 minute walk and get (a restricted amount of) immediate cash.
It took 6 days for $ to show up as cleared funds when I sold btc via exchange.
My btc will not be 'stolen', but I'm not so sure about my gold.
Silver was introduced because gold is not easily divisible.
Jump to: