Would You Choose $50K Value Paid as Bitcoin, Gold or New Corvette - page 2.

gentlemand

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Welt Am Draht

Quote from: randy8777 on September 10, 2016, 08:37:23 AM

new corvette - as soon as you have the car, the value has decreased significantly already. plus here you have to pay a heft tax every quarter. and if bitcoin breaks through the current ath, then i can buy even more than just 1 corvette. Wink

Pah. It's time to live for today. You could either wait another 2-3 years nurturing your cold wallet, or you could be down your local seafront tonight doing donuts in a thong in your new 'Vette.

randy8777

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without a doubt bitcoin. a few quick reasons per option.

bitcoin - because i am a firm believer of the potential that this piece of technology has. and i also believe that we at some point will break through the current ath again.

gold - not a bad option at all, but i can't see the price of gold double in value at all unless there is an economical crash or something.

new corvette - as soon as you have the car, the value has decreased significantly already. plus here you have to pay a heft tax every quarter. and if bitcoin breaks through the current ath, then i can buy even more than just 1 corvette. Wink

Mastsetad

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Quote from: ?? on ??

Let's see :
Bitcoin : Can be sold for fiat or spend it for many things, also the process is simple
Gold : Must be sold for fiat if you need fiat and there's long wait time to sell gold.
Corvette : Can lost it's value over time and can broke, also the tax and risks of stolen.

So, i think i would choose $50k of bitcoin.

I think everyone would do the same unless someone is really fond of gold and he loves its shape or something, because bitcoin is the only thing that can earn you a lot of profits even in one day sometimes and by trading you can double your coins in just a month or so if you know how to manage your trades.

Wilhelmus

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I'm glad that people did not get fooled by the Corvette. Bitcoin is a value-gaining asset. Buy today and wake up rich a decade or two, while at this time your Corvette, except if awesomely taken care of, will be valueless.

mike77777

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at this moment physical gold or even better silver... gold standard will return soon Cheesy

Red-Apple

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if i win $50K then i wouldn't mind getting it in any form and i would be so happy so i wouldn't be able to thing straight but i doubt that i ever choose the Corvette! Cheesy

but if i get my head straight i would only choose bitcoin as it has the best potential and value for me. so i can win even more in the future if the price goes higher.

gentlemand

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Welt Am Draht

I've zero interest in gold. Corvette? Hmm, if it was a ZR1 then I'd probably go for that, thrash it for a few months and then sell the wreckage for Bitcoin. Time to have some fun for once.

DeathAngel

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I wouldn't even have to think twice about it, I'd take the 50k USD amount in bitcoin. Neither of the other two options have the potential to increase in value as much or as quickly as bitcoin.

xuan87

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for sure i will choose bitcoin for now,i believe the price of bitcoin will be rise in the future, so if i choose bitcoin then my investment value will up, so i will have more money, choosing gold is also not a bad choice but the price rising is not as fast as bitcoin, so i think choosing bitcoin will be a great choice

Hellacopter

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I would choose getting paid this amount ($50k) as Bitcoin, instead Gold or Corvette, because i believe Bitcoin have the most potential value in the long run and i can get good profit this way

Nahl

legendary

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i'm a bitcoiner and was never interested using other currency besides my local currency and other altcoins
and regarding your questions certainly my answer is bitcoin and i guess the whole of these forum will answers bitcoin too such as me

Viyamore

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Quote from: Coinster on September 09, 2016, 10:23:50 AM

This is a fun poll to see what people value. If a game show offered a choice of $50K but paid as Bitcoin, Gold or a new Corvette which would you choose?

Well ,I no doubt voted bitcoin in any cases even i have more money ,i can use it for some many things ,daily needs and investment.$50k value as paid in bitcoin is to big amount so this amount which i would rather invest small amount ,take risk for it to grow .
If i voted Gold it will not satisfy my needs maybe i would sell it .
A Corvette its just a luxury i would rather need to have any Ordinary quality car that can make me travel point to point destination.

In some point i can buy a Gold ,and A new Corvette if i can make $50k to grow in double or triple .
Some people will voted Gold or Corvette depends on their life status .

Junko

legendary

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$50k in bitcoin and it's not even close. Bitcoin has more potential to increase in value compared to the other two choices. One is an overrated piece of shit and the other is just a car. That was a joke, btw. Although Corvettes are indeed the most overrated pieces of shit Chevrolet makes if you ask me.

Yakamoto

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I would personally be willing to take the risk and get the $50k in Bitcoin, however depending on my financial situation I would be willing to consider taking it in gold if I was in a really poor economic position. I would be interested in taking on some of the risk that comes with a Bitcoin investment, and having something like $50k in Bitcoin might be an interesting experiment to see how sweaty my palms would get before I bailed out and just took cash. It would definitely be something fun to do to be honest.

pooya87

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Quote from: Coinster on September 09, 2016, 10:23:50 AM

This is a fun poll to see what people value. If a game show offered a choice of $50K but paid as Bitcoin, Gold or a new Corvette which would you choose?

the car is a bit tempting to me so i may choose that. but if i am thinking more about the money and future and the profit, i would choose bitcoin instead of the two others. besides i can still buy a good car with far less money.

shinratensei_

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Quote from: Coinster on September 09, 2016, 10:23:50 AM

This is a fun poll to see what people value. If a game show offered a choice of $50K but paid as Bitcoin, Gold or a new Corvette which would you choose?

It just depends on the people needs if that is just wanna for storing them I think gold is better compared with another and if the people is wanna for growing the amount the bitcoin has become a best option for that.

Coin-Keeper

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I voted for Bitcoin but the poll is not completely tell all. If I owned 50K and not one other cent more, I would have voted for Gold. I don't think the upside for Gold is as strong as Bitcoin could be. However; there is almost no chance that Gold will ever go bust! I took the poll to indicate what I would do with a 50K windfall, taking into account where I already stand in life. If I only had this windfall to gamble with I wouldn't risk my family's safety on Bitcoin. I do believe in BTC and I am investing quite a some of money (for me), but not enough where if I lost it all I'ld be in trouble.

Shiroslullaby

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50k worth of gold is only about 39 ounces,
a little more than a kilo or two pounds
You could easily have that in a brick or two so its not like it would be hard to move physically.
If you had a good safe or something the gold would be fine.

poptok1

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Bobby Fischer was right

Quote from: BillyBobZorton on September 09, 2016, 12:41:29 PM

Gold is too cumbersome and problematic to move, it's useless.
A Corvette is a liability, it will only make you send more in expenses and repairs.
Bitcoin will only go up long term.

Exactly. It is more a nature of simplicity and ease of access.
Both gold and car will loose on that field with bitcoins. Car will loose value faster than One can say abracadabra and gold is heavy, hard to transport and may turn few heads at you.
Actually the only reasonable option is crypto. So damn easy and fluid. That's why we like it.

NyeFe

hero member

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>> A new corvette will rust and devalue over time.

>> Gold would be very stable. Its price would increase in very small increments.

>> Bitcoin is very volatile. Its price $50k could drop by something like ~25%, you always know that it'll comeback to $50k. At the same time, the price of Bitcoin could increase by 200%, all within a year.

When it comes to investing (long term) based on its behavior, Bitcoin would always be the safest option for me. I know it'll drop. I know it'll come back. I know the supply and its value will skyrocket as more people/businesses demand more bitcoins for their fiat.

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