Bitcoin or Gold? What would you pick? - page 62.

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Quote from: OgNasty on May 06, 2016, 10:43:14 AM

Quote from: STT on May 04, 2016, 11:23:18 PM

Gold isnt unlimited, its made in a supernova which is not present on earth.

I hear this (incorrect) statement all the time. Gold can be produced, and alchemy is real to an extent. There is a lab that uses nuclear power to create gold. The issue is that it currently costs $4,000 per gram to make and production capacity is extremely limited. While I don't expect energy prices to drop to the point where that is a viable source of gold anytime soon, rest assured that gold does have a top. Currently about $120,000 per oz.

Diamonds can be produced perfect as fuck and cheap as shit, but this doesn't in the least affect the price of brilliants

Quote from: OgNasty on May 06, 2016, 10:43:14 AM

Fun fact:
There are those that believe the Great Pyramid of Giza was actually a nuclear power plant used to produce gold and that the Ark of the Covenant was the radioactive generator. Additionally, this power plant is speculated to have provided wireless power to devices miles away (an idea later demonstrated by Nikola Tesla). Russia is even experimenting with this technology today.

Good. Gimme more

martha5dool

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I would pick bitcoins

umaOuma

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Quote from: torrentheaven on May 06, 2016, 09:21:08 AM

Quote from: DuckKeeper on May 06, 2016, 08:36:18 AM

Quote from: SquallLeonhart on May 05, 2016, 02:40:20 PM

Quote from: expert4knowledge on May 05, 2016, 12:42:52 PM

Quote from: jossiel on May 05, 2016, 09:56:33 AM

Gold isn't easy to use in commerce since it's hard to pay the correct amount with gold. And it is limited in our society. But bitcoin is much better than gold because it is very easy to use but people who doesn't know bitcoin needs to be educated first about it.

Yes, bitcoin is much more popular and in fact it is not comparable with gold for trade and specially in online market.

The popularity of gold is far higher then bitcoin, the popularity of bitcoin is limited to certain extent but things will change in future and it has potential to overtake gold.

You must think about the future and as you can see now you see that Bitcoin is getting more used and more acceptable because the world is also getting more digital and that is perfect for the coin.
Of course Gold is popular and a strong currency but you must also look forward.

We don't know how long bitcoin will survive but one fact is bitcoin users are limited no doubt the world is getting digital but how many of total population is using bitcoin at a moment, and you know the answer.

Yes bitcoin is not popular now but mass adaption can make a difference in future, but as of now people have more faith in gold for sure.

OgNasty

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Quote from: STT on May 04, 2016, 11:23:18 PM

Gold isnt unlimited, its made in a supernova which is not present on earth.

I hear this (incorrect) statement all the time. Gold can be produced, and alchemy is real to an extent. There is a lab that uses nuclear power to create gold. The issue is that it currently costs $4,000 per gram to make and production capacity is extremely limited. While I don't expect energy prices to drop to the point where that is a viable source of gold anytime soon, rest assured that gold does have a top. Currently about $120,000 per oz.

Fun fact:
There are those that believe the Great Pyramid of Giza was actually a nuclear power plant used to produce gold and that the Ark of the Covenant was the radioactive generator. Additionally, this power plant is speculated to have provided wireless power to devices miles away (an idea later demonstrated by Nikola Tesla). Russia is even experimenting with this technology today.

torrentheaven

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Quote from: DuckKeeper on May 06, 2016, 08:36:18 AM

Quote from: SquallLeonhart on May 05, 2016, 02:40:20 PM

Quote from: expert4knowledge on May 05, 2016, 12:42:52 PM

Quote from: jossiel on May 05, 2016, 09:56:33 AM

Gold isn't easy to use in commerce since it's hard to pay the correct amount with gold. And it is limited in our society. But bitcoin is much better than gold because it is very easy to use but people who doesn't know bitcoin needs to be educated first about it.

Yes, bitcoin is much more popular and in fact it is not comparable with gold for trade and specially in online market.

The popularity of gold is far higher then bitcoin, the popularity of bitcoin is limited to certain extent but things will change in future and it has potential to overtake gold.

You must think about the future and as you can see now you see that Bitcoin is getting more used and more acceptable because the world is also getting more digital and that is perfect for the coin.
Of course Gold is popular and a strong currency but you must also look forward.

We don't know how long bitcoin will survive but one fact is bitcoin users are limited no doubt the world is getting digital but how many of total population is using bitcoin at a moment, and you know the answer.

duts_bg

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The most fun in the theme is, why not offer choice of such "mainstays" of the contemporary financial order, as $, EUR or CHF?

DuckKeeper

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Quote from: SquallLeonhart on May 05, 2016, 02:40:20 PM

Quote from: expert4knowledge on May 05, 2016, 12:42:52 PM

Quote from: jossiel on May 05, 2016, 09:56:33 AM

Gold isn't easy to use in commerce since it's hard to pay the correct amount with gold. And it is limited in our society. But bitcoin is much better than gold because it is very easy to use but people who doesn't know bitcoin needs to be educated first about it.

Yes, bitcoin is much more popular and in fact it is not comparable with gold for trade and specially in online market.

The popularity of gold is far higher then bitcoin, the popularity of bitcoin is limited to certain extent but things will change in future and it has potential to overtake gold.

You must think about the future and as you can see now you see that Bitcoin is getting more used and more acceptable because the world is also getting more digital and that is perfect for the coin.
Of course Gold is popular and a strong currency but you must also look forward.

dezoel

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Quote from: nico16 on May 05, 2016, 03:48:48 PM

I would invest in gold, because I would feel better owning something physical.

That's true people have more faith in something that they can hold physically, and I would choose gold too, as returns are guaranteed over a period of time.

nico16

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I would invest in gold, because I would feel better owning something physical.

SquallLeonhart

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Quote from: expert4knowledge on May 05, 2016, 12:42:52 PM

Quote from: jossiel on May 05, 2016, 09:56:33 AM

Gold isn't easy to use in commerce since it's hard to pay the correct amount with gold. And it is limited in our society. But bitcoin is much better than gold because it is very easy to use but people who doesn't know bitcoin needs to be educated first about it.

Yes, bitcoin is much more popular and in fact it is not comparable with gold for trade and specially in online market.

The popularity of gold is far higher then bitcoin, the popularity of bitcoin is limited to certain extent but things will change in future and it has potential to overtake gold.

expert4knowledge

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Quote from: jossiel on May 05, 2016, 09:56:33 AM

Gold isn't easy to use in commerce since it's hard to pay the correct amount with gold. And it is limited in our society. But bitcoin is much better than gold because it is very easy to use but people who doesn't know bitcoin needs to be educated first about it.

Yes, bitcoin is much more popular and in fact it is not comparable with gold for trade and specially in online market.

deuce22

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For stability, gold.

jossiel

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Gold isn't easy to use in commerce since it's hard to pay the correct amount with gold. And it is limited in our society. But bitcoin is much better than gold because it is very easy to use but people who doesn't know bitcoin needs to be educated first about it.

JumperX

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Quote from: peta4e on May 05, 2016, 09:22:55 AM

Quote from: sallymeeh27 on May 05, 2016, 09:04:42 AM

Quote from: bakingbad on April 05, 2016, 12:05:26 PM

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???

it is all up to you, if you like slow and safe way, but less profit, then pick gold! because it is very, very stable right now and i don't think that price will change in near future

and if you like fast, more risky, but very profitable way, then choose bitcoin, if you will buy them now you will be ready for halving which will rise price for sure so you will get lots of profit

I would probably pick up gold and exchange them in the market. Gold does have a very high value in the country then after divide the money in buying bitcoins, have some investment part of trading and still some will be use for business which is in high demand this will make me more profit and be stable in the future. This plan will definitely work and just playing safe for any downlines.

Playing safe is always good but you need to take risks sometimes to enjoy higher profits as investing in bitcoin is risky but if it does well then you can earn higher profits.

Yes I think now its time to take some risks and think out of the box, as bitcoin investment will be the best in future if bitcoin performs better.

STT

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Quote from: uname on May 05, 2016, 04:53:53 AM

Quote from: ?? on ??

i think its better to go half and half gold and bitcoin

it would be nice if you have a large capital. but if you only have a small capital. I think you have to choose one of two investment, gold or bitcoin ?

Thats a drawback to gold, handling fees mean at least an ounce is about the amount you want to own. Meanwhile bitcoin will describe any transaction size, though we are currently arguing about block size and if this will continue or not but its way easier to hold small amounts for now.

So you have the option of owning a decent amount of gold and a tiny bit of bitcoin if you want but not really vice versa. Many people own a tiny bit of gold on their jewels but its not really investment especially

peta4e

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Quote from: sallymeeh27 on May 05, 2016, 09:04:42 AM

Quote from: bakingbad on April 05, 2016, 12:05:26 PM

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???

it is all up to you, if you like slow and safe way, but less profit, then pick gold! because it is very, very stable right now and i don't think that price will change in near future

and if you like fast, more risky, but very profitable way, then choose bitcoin, if you will buy them now you will be ready for halving which will rise price for sure so you will get lots of profit

I would probably pick up gold and exchange them in the market. Gold does have a very high value in the country then after divide the money in buying bitcoins, have some investment part of trading and still some will be use for business which is in high demand this will make me more profit and be stable in the future. This plan will definitely work and just playing safe for any downlines.

Playing safe is always good but you need to take risks sometimes to enjoy higher profits as investing in bitcoin is risky but if it does well then you can earn higher profits.

sallymeeh27

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Activity: 210

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Quote from: bakingbad on April 05, 2016, 12:05:26 PM

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???

it is all up to you, if you like slow and safe way, but less profit, then pick gold! because it is very, very stable right now and i don't think that price will change in near future

and if you like fast, more risky, but very profitable way, then choose bitcoin, if you will buy them now you will be ready for halving which will rise price for sure so you will get lots of profit

I would probably pick up gold and exchange them in the market. Gold does have a very high value in the country then after divide the money in buying bitcoins, have some investment part of trading and still some will be use for business which is in high demand this will make me more profit and be stable in the future. This plan will definitely work and just playing safe for any downlines.

umaOuma

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I will choose bitcoin in this days, as it is growing positively at a moment and will be more powerful in future holding the best price which will allow me to make good profits.

Amph

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Quote from: markj113 on May 04, 2016, 02:38:18 PM

The big problem is that the top 1% and those with power hold gold not bitcoin. China/Russia are grabbing gold by the tonne not hording satoshis.

If bitcoin were to gain anywhere near mainstream adoption and seen as a threat it will be either regulated to death (through exchanges etc.) or just banned completely with stiff penalties if caught.

My honest belief is that bitcoin is just the beta testing phase of government/banker controlled cryptocurrency, and when that currency is ready to be deployed it will be the death of bitcoin.

Money = power and those that control it are not just going to hand it over to a decentralised currency they dont control.

Also Gold is seen as the ultimate form of wealth,

Why is bitcoin always visualised as a gold coin?
Why all the "bitcoin or gold" threads, why not "bitcoin or copper/corn/ or any other commodity

The beauty of gold is zero third party risk. No banks, networks, blockchain, miners, power, computer systems required. You hold it and you own it, fire proof, water proof, emp proof. bury it for 50 years then dig it back up and it will still look exactly the same.

the minign is there, you just don't care about it, which is the same with bitcoin, i can ignore it, same thing for power etc..., the blockchain is just the best ledger you cna ever get, better than any gold ledger for sure

bitcoin just do it better, but it is always based on what we have already, just enhanced...

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Quote from: uname on May 05, 2016, 04:53:53 AM

Quote from: ?? on ??

i think its better to go half and half gold and bitcoin

it would be nice if you have a large capital. but if you only have a small capital. I think you have to choose one of two investment, gold or bitcoin ?

If you have small capital then I think bitcoin is the best option as you can also buy bitcoin in small parts and you don't need to buy full bitcoin, so I would choose bitcoin over gold.

Topic: Bitcoin or Gold? What would you pick? - page 62. (Read 299004 times)