Pages:
Author

Topic: Bitcoin or Gold? What would you pick? - page 2. (Read 7782 times)

newbie
Activity: 7
Merit: 0
i would pick gold...
also take fiat over bitcoin.
i've being in situations where i have being offered bitcoin when conducting business, i said thank you, but i will take thems folding money.
i do plan on getting bitcoin in the near future, but i plan on getting them through trading minor currencies and building up slowly.. riding the pumps and selling for profit before dumps...
newbie
Activity: 25
Merit: 0
I would go with gold, as gold that you can take home may be able to sell above the price it really is worth (just like caucasus coins).
I would then sell the gold at a premium and buy coins with it.
newbie
Activity: 17
Merit: 0
Bitcoin.

Good for long term storage but almost as liquid as cash
legendary
Activity: 3752
Merit: 1217
I prefer gold than bitcoins though bitcoins can give more returns in future

You prefer gold although you seems to be quite assured that the ROI from gold will be much lower than what you'll get from Bitcoin. So may I ask you what is the reason for that?
ivy
member
Activity: 63
Merit: 10
I love both of bitcoin and gold Grin
member
Activity: 83
Merit: 10
I prefer gold than bitcoins though bitcoins can give more returns in future
member
Activity: 74
Merit: 10
Picture this. You get approached on the street and offered a straight deal: walk away with Bitcoin or walk away with gold of the same value. 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???

Well simple choice. I would chose BTC even more so since I am 100% syre that the price will go skyhigh in the next two months. Gold reserves are huge, if someone is willing to drop the price he just has to sell a lot ( someone = country ).
newbie
Activity: 2
Merit: 0
Would take bitcoin  Grin
sr. member
Activity: 308
Merit: 250
I would take Bitcoin over gold because it's easier to transfer and it's easy to divide to use it for micro transactions.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Gold still remains unbeatable
Until people realize Bitcoin is a superior store of wealth, and dump all their gold in favor of BTC. The value of gold will plummet whenever we hit that critical inflection point.

This is a question of when, not if.
newbie
Activity: 15
Merit: 0
very interesting issue, as for me I would prefer btc, I still belive in his future
hero member
Activity: 574
Merit: 500
Richard Coleman - Chief Executive @ CloudThink.IO
A part in gold because this gives you more certain for the financial future.
A part in bitcoins for the risk. YOu never know it goes up and up ...
sr. member
Activity: 593
Merit: 271
Gold still remains unbeatable
legendary
Activity: 1120
Merit: 1003
Depends on the charts.
full member
Activity: 140
Merit: 100
well, this quiet hard
in that side, bitcoin still raise from the deep to sky
and in another side, gold is like god in real money

I will choose gold after all  Grin , cause BTC is still in minority, but i hope it will raise like real gold  Grin

Good point.  Very few people even care what bitcoin is, and even less people than that are gonna consider it a viable commodity in a natural disaster.  When the power goes down and a person needs to trade for the basic necessities for survival, are people going to accept bitcoin or gold? 

well, in my opinion
when world goes down and it will be survival time. most of people will trade the thing that can survive them like food, clothes, home, water. and gold have place in there, but when other thing have enough of them. Gold will be back to be internasional trade (we can call it luxury thing) and another example of luxury thing are pearl and silk (just come in my mind :| )
hero member
Activity: 686
Merit: 500
To answer the OP's question, I would choose bitcoin if I'm looking at it as an investment with a long term horizon. I would choose gold if I was thinking about retirement soon. I think it all depends on your time horizon and what the overall purpose is.
newbie
Activity: 24
Merit: 0
What to pick depends on the rate. The question is wrong, what did you mean? 1 bit coin vs 1 kilo of gold? Or BTC and Gold in equivalent of 1000 USD? I would pick gold as I always can change it for everything.  Grin Grin Grin
legendary
Activity: 3752
Merit: 1217
If one of them would disappear I wouldn’t lose all of my placement of funds..

Well... gold is not going to disappear for sure. It is an established form of currency / cash / wealth. So you can say that in case Bitcoin disappears, you won't lose all your funds.
newbie
Activity: 27
Merit: 0
If I had a chance I would pick 50% gold and 50% bitcoin.  Grin  If one of them would disappear I wouldn’t lose all of my placement of funds.. Or if one goes up it’s a great chance to exchange it for smth else.
Pages:
Jump to: