Bitcoin Forum

FACT:   BitCoin grew up in an Economic Bubble, we are now in an ECONOMIC CRISIS that is just getting started and will last for MANY YEARS after the COVID-19 virus is cured.    BitCoins 50 % CRASH at the start of the economic crisis should worry everyone as we now know how BitCoin reacted to its first real crisis.

FACT:   Gold has gone up in value in response to the crisis, and it is virtually IMPOSSIBLE to buy gold actual gold coins now, everyone wants gold, but no one is selling.  This should clue in even the dumbest people as to where the real price is going.

NO ONE here would have predicted these facts just a few months ago.  If I had posted this in January, most people here would have been ridiculing and denying the above facts, and telling everyone to just ignore it as FUD.

THE QUESTION IS:   Is anyone here starting to figure things out yet ?  Or has reality not hit you had enough yet ???   Which will go up more from today:  GOLD or BITCOIN

Vote, and post your answer below.  Months pass quickly, we will look back and prove who is a wise investor, and who is a fool.

https://i.imgur.com/u6MUK2l.jpg

Why need to compare about gold and bitcoin? They have own value and different sector. Just invest what you know and believe. If you don't know what you invest, it's really worst problem.


I don't care if you say me a fool if my choose is wrong. Just a month it's not an investor, it's just long term trader.
I believe bitcoin will be the best long investment in the future, maybe 2-3 years more. Since I believe in bitcoin.

Should we need Gold vs Bitcoin more?
1.  Bitcoin VS. GOLD (https://bitcointalk.org/index.php?topic=2272001.0)
2.  Bitcoin versus Gold, the conflict  (https://bitcointalk.org/index.php?topic=5129941.0)
3.  Bitcoin vs Gold? Which one you would choose to invest for long term? Why ?  (https://bitcointalk.org/index.php?topic=5167337.0)
4.  Bitcoin vs. Gold Prices (https://bitcointalk.org/index.php?topic=2480123.0)
5. Bitcoin vs Gold vs Fiat (https://bitcointalk.org/index.php?topic=5129878.0)
.... 
100.  Bitcoin vs. Gold, Fiat and Altcoins (Updated: Traits of Money)  (https://bitcointalk.org/index.php?topic=5084692)

Lol? Where the heck did you get this "fact"? You can still buy gold on various websites right now. There are always gold sellers(and buyers) as there are businesses that are literally gold arbitragers. If you want to give us "hArDfAcTs"https://i.imgur.com/qMWNKgJ.png, you might want to think about what you're typing first.

You might want to change your name to FakeNews instead.

During periods of global economic crises, the national money of states depreciated, and gold grew in value. Cryptocurrency was also created after the last economic crisis as a financial asset that would not be subject to inflation. In this regard, gold and cryptocurrency should work as a refuge from inflation. Which of them will be more successful, time will tell.

There were some disruptions in the supply part and others also thought that this means that gold cannot be bought. But that's wrong. Maybe you cannot find all the products, but gold certainly can be bought.
Just go to bullion star website and look for yourself.

To answer to the topic question too - I'd vote for both - Bitcoin and gold and I'd also add that gold backed tokens can also be a headache free solution.

Why both? Because gold has limited growth and Bitcoin can be better at times, but on the other hand Bitcoin had plenty of bad moments too and then one can sell gold if needed and wait for better days for Bitcoin.

to be honest, I will choose gold for the current state. not digital gold, but real gold. however, crises make people think of definite investments, and gold has always been a definite investment. however, people might buy bitcoin for their business interests, it's just that, if looking for investment, I think people will choose gold.

I don't try to figure out, but as far as I know, both bitcoin and gold need to be sold first and convert into fiat money before we can buy something in real life. We do that because, in many countries, people still use cash so I think we cannot compare between bitcoin or gold because both are different. But perhaps, we can use bitcoin to buy something online, but not all of the merchant wants to accept bitcoin as the payment. They still prefer to use Paypal or credit/debit card.

Bitcoin and gold will go up by itself, no need to worry, and if you want to invest, you should choose what suit for you.

yes, you did figure out that nothing can compete with bitcoin otherwise you would have never created an account on a "bitcoin" forum and constantly talk about "bitcoin" almost every day! if you believed half of the FUD you keep repeating on this forum you would have never even came here in first place ;)

I would say gold would do better simply because it is less affected by the economy as a whole as gold will always be valuable. Such as in computer parts or astronaut suits or what not.

Yes, there's no need to think which one is better in this time of crisis. As you need cash for the most part, you both need them to convert into your fiat so you will have something to use for your basic necessities.  And whatever you choose for short term or long term investment, it is all on you. If you want to have a good sleep at night, you will put money on gold investments as their price is relatively stable. However, if you want to take bigger risk, you can opt some for crypto. And wait for that investment to gain profit. So it depends on your priorities here. Every person has their own goals when it comes to their investments.

Depending on how the world is doing according to all the constraints, the most logical thing is that those who buy Bitcoin will have a short-term return on investment, because the advantage that Bitcoin has over Gold is that it can reach high prices in the market, the Gold by nature will always be a safe haven, but Bitcoin is much more volatile and that makes it more attractive for investment. I´m sure that when everything related to COVID-19 is finished, all markets will begin to recover and Bitcoin will be no exception.

Bitcoin is doing just fine.There's no need to compare a very volatile new asset like BTC to a very stable asset that has been used as money for thousands of years.
Gold is reserved for the central banks and institutional investors.Good luck trying to buy REAL gold coins.
If you are a smart investor,then you could probably buy both Bitcoin and gold(if you can find where to buy gold) and see what happens.There's no need to choose only one option and dump the other.
 

I don't like to compare bitcoin with gold, but I have voted for bitcoin since I have strong belief for it. It's true bitcoin dumped huge during this global crisis, but nothing new for bitcoin. We have seen previously similar behavior of bitcoin even there wasn't global crisis. If you buy gold perhaps it wouldn't give you return like bitcoin. What I believe, who are familiar with bitcoin nicely then they will never invest on gold right now. Rather they will wait for to buy bitcoin with reasonable price. Same thoughts for me, I wouldn't invest on gold on that situation but I would invest on bitcoin if in case dump more. Because I believe we might see a bull run after this global crisis. So don't wanna miss that opportunity since I am well familiar with it.

One thing is both have. They both have limited supply. In terms of usage, I am not sure there is a competition here. Well as you can see gold has been used on so many important sector and can be used as currency backed up too. But still, you cant ignore potentials of bitcoin that it can also weight the same value of gold in the future. In the modern era that we have living now, use case is important and few years from now, I am seeing a bright future for digital currency as almost important such as gold.

If you think some will be driven out due to a crisis happening, well they are not out of their mind but seeing an advantage to own now and not regret later that they dont invest at a time that it is now cheap.

I think the question should be which will serve me better in times of serious crisis.
In my opinion, the temporal decrease or increase in price shouldn't matter too much... besides, Bitcoin is deflationary.

Gold is ok as long as people have them physically to prevent those who have custody of the physical gold (while issuing "paper or digital gold") from abusing it. Wish there are fool-proof ways of verifying the physical gold.

Well, I honestly believe that a well decentralized tech (whether physical or online)  will serve people better. It's by far more secure and safe.

I still believe in Bitcoin and I still think it is far better than Gold.

If we compare Bitcoin with Gold for the last ten years the price growth of Bitcoin is way much higher than Gold. It is still too early to compare Bitcoin it with Gold as it has been only 10 years.

I am for Bitcoin still(though i have golds as a jewelries and not for anything more) why bitcoin?because i know even there are tons of Ups and falls from this currency still in future there will always be a profit for the one who can afford to wait.
That depends on our perspective because even that Bitcoin have grown higher yet it falls this year.

Since this is a bitcoin forum, so many people will vote for the bitcoin. I am not saying this is wrong but gold is more stable of the two. Bitcoin still have some risk in the economic crisis but gold is the risk free investment in every situation. You may not get much profit if you invest in gold, but at the same the chances of losing your money in gold is also very less.

Why not both? It's better than choose only one.

My suggestion if you want more safe investment, pick gold. Since gold is from long time ago, well known from everyone, and stable price. But gold doesn't have high return.

If you want more risky, pick bitcoin. Bitcoin price is very volatile and have potential high return or loss.

Gold always move because of the seller and buyer, its not that volatile but I don’t believe that no one trades their Gold. We don’t know yet but since Gold is here ever since, and bitcoin is just a decade old we can see the history was in favor to gold. The market crisis will give a best opportunity to gold and bitcoin, and I believe its better to have these two asset, we don’t need to choose where we can buy both of these and I’m sure, they will go up during the recession.

BTC, gold, and the stock market all crashed prettymuch equally due to the corona virus. Just look at all 3 graphs. Bitcoin is going to be the most profitable investment from here on out of course.

HODL for a year or 2 and we are going to see a 100k BTC. Wheras gold has only risen $600 over the last 5 years. current gold price $1600.

As a famous saying, "Never put your all eggs in the same basket", it is a good idea to keep your funds in both gold and bitcoins. Seeing the current economic crisis, the paper money will lose its value very quick and stocks are not safe. I will urge everyone to take out their saved money from the banks and invest in these two assets, Gold and Bitcoins.

Okay, I know that for some reason you like to hang out on this forum and spread anti-Bitcoin stuff, but I'll try mature communication here anyway. So the truth is, we don't know what'll happen with Bitcoin. It's too new, it's too volatile, the situation is quite unique for it. So counting on Bitcoin as a safe haven in this crisis is probably a bad idea. Gold, on the other hand, has been around for a while, so luckily, we can analyze it better. The best time for gold was in 2011 with $57.5k per kilo. During the previous economic crisis, it went up and down but eventually cost around 20% more than when it began and never went significantly down. So gold seems to be a safe option if one wants to preserve what one already has. However, if one's looking for profit rather than stability, gold when up about 6x over the last 20 years with the last 10 years being more about recovery than growth. Bitcoin, on the other hand, went from $100 in 2013 to $7k which is its current price. The risks are huge but the profit is also incomparably bigger. Now, since Bitcoin did not go through a global economic crisis before, we cannot know how it'll behave, so all of that being said, gold definitely seems like a safer bet right now (but I won't go for it anyway).

Comparing an asset that has existed for thousands of years (gold) with BTC that originated just over 10 years ago doesn't really make sense. Of course, gold is less volatile and people trust it more, so it will go much better in every crisis, including this present one and the one that is yet to come.

Also, BTC price dump is something that was only temporary, the recovery quickly followed, and gold is also go down at that time around 6%. In last 20 years gold is up by some 500%, today it is down almost 3% - in last 10 years BTC is up from 0 to $20 000, with today price of almost $7000.

Looking in the short term is always deceptive, the numbers don't lie.

Gold will be less affected because gold is a non-correlated asset that actually has the liquidity to be an effective one; in contrast to bitcoin whereas the liquidity dwarfs gold's. Hence why bitcoin isn't that good of a hedge(in the short term) as of now.

What's the reason why I am here? of course I'll be investing with bitcoin that with gold.
With bitcoin based on my experience, it's volatile but I believe its future is great, and in fact I have already made profit in the past, so I trust bitcoin.

Sheuu, to what I remember about the Gold and Bitcoin; they are all pegs to fiats, in this case I would rather choose Bitcoin during economic crisis over gold. Not because am a Bitcoiner but because I know how powerful a technology can help nations during crisis. The recent pronunciation by the WHO as Coronavirus be seen as a pandemic has been seen as either  gold or Bitcoin could suit the situation at hand. In my own opinion, am comfortable with the technology(Bitcoin) than to see myself with gold.

I am someone who has invested in both the assets. I invested in Bitcoin more than three years ago (January 2017) and BTC has given me returns of +700%. On the other hand, my investments in gold (December 2018) have given me returns of around +45%. I am happy with my investment outcome in both the cases, although in the recent times, Bitcoin has given a better return.

That's far from being a fact today, and it has never been a fact, actually. Of course you can buy gold anytime, the only question is the price you are willing to pay.

"Gold has gone up in value", you say, well, the price is still lower than it was at some points in 2011 and 2012, but I really doubt it will go much higher.

Also, your "fact" that this crisis "will last for MANY YEARS after the COVID-19 virus is cured" isn't a fact either.

I personally prefer Bitcoin over gold for several reasons, and the fact that the USD price of BTC is still much lower than its previous ATH is one of them.

Let's be realistic, there is a lot of gold in the world, and it's been around for a while, so people who want to have it, have it already. Thus it's price can rise 100% max before a massive sell out will lower it again.

Bitcoin, on the other hand, isn't owned by many. Most people are yet to discover that it's not a Ponzi scheme. So it has a potential, while gold's potential is almost depleted.

Choosing both of them simultaneously is the right way than we just choose one. We can choose the strategy, hold bitcoin especially for trading stuff because its volatility. You can have an additional income beside your source income. And two choosing gold is the best part to store your money, gold is still considered by most people as safe heaven place. At least when there are situation which give a bad thing for economic situation we can still have a confident that our money can't be lost much, even our money can't decreased like other place beside it.

A kind of situational question.

An investor of gold is likely to sell it for his needs if he doesn't have any other assets left but the challenge starts, how he's going to sell it if everyone's in lockdown? AFAIK, most of the gold investors have it as a backup asset so they're also like us, bitcoin holders.

While a bitcoin holder, if this crisis continues, the same situation as the gold investor but if things didn't go well you have the option to sell it on exchanges easily and quickly.

But having the mindset of an investor, we're mostly going to hold it because of the recent happenings of the stimulus packages from the US and other countries might do it as well.

As a bitcoin investor/holder, I'd say that it's bitcoin and on the other hand, gold investors will say it's gold.

You're saying this because it used to be less affected. The history shouldn't be used to predict the future. It's like saying that your father is a great drivetr that will not have an accident because for the last 20 years he had none. You can never be sure!
A seafe bet would be to have some BTC (because of the coming halving that used to have a very positive influence on the price) and some gold because it doesn't depend on electricity and the Internet.

WRONG, WRONG, WRONG...

Link me to the website of any established reputable dealer that one would trust to send a payment to ( not scam sites ), that has stock that can be delivered now, all delivery dates are well into the future because they have no gold.

You obviously did not even bother to check this for yourself, but accuse me of FAKE NEWS ??    Everyone check for themselves, and never listen to someone that likes to talk without knowing anything...

Hard Facts

VERY SMART !!!  Even though I would not hold any BitCoin, your thinking is rational and you have a plan that works no matter which is correct.   People here could learn something from you.

Hard Facts

Your forum name is PERFECT for you, because you are absolutely wrong  :D :D :D   In about a year when we are in the worst economic crisis that you can imagine, Come back, and read this and tell yourself what a complete fool you were   ;D ;D ;D

But realistically, fools rarely are smart enough to admit they were wrong...  You will probably find a way to rationalize to yourself that you were right, and that no one could have seen it coming...

Hard Facts

Jeebus. You can surely buy gold right now, but chances are, you can't get them delivered any time soon because most places are on lock-down due to the pandemic, and due to high delivery volumes(from schiffgold). It's not because no one is selling gold. Like wtf. You think zero people are selling gold? Listen to yourself. Gold is a highly liquid asset.

You can get VERY RICH by investing into a Bubble, or a pyramid scheme if you get in early...   But those days are OVER   :o :o :o

Anything thinking they are going to do this now is in for a very big disappointment...

Hard Facts

UTTERLY STUPID:   Even after I just explained it, you are still to dumb to figure it out.   The gold dealers are OPEN, and shipping some items ( yes they have some other items ), but they have NO STOCK of gold, and will not for weeks or months.    I did not say " zero people ", I said reputable dealers that one would be comfortable sending a large amount of money to...

All you have to do is perform at a grade school level and read the website and what I post.  You just can not fix STUPID...

Hard Facts

It's been a long way since this discussion has started, Gold or Bitcoin, but why? These two are good investments but the thing is, it has differences most mentioned is the volatility. Then the right answer
will be on your investment style, if you want your money to be safe at a very long time and ready anytime for emergency situation like this then you should buy the Gold but if you wants to risk your money then put
it in more volatile asset like bitcoin.
Bitcoin is growing faster but gold is older, you would not satisfy investors with faster growing asset coz it will look like just a bubble, really. I would still root for gold but still have a bitcoin in my wallet. Buy both!

Aaaaayyyy apparently schiffgold is in stock. Enjoy your gold! Tell Peter Schiff I sent you! You're welcome!

https://i.ibb.co/ZLBMb5v/Screenshot-2020-04-12-23-12-53-747-com-android-browser.jpg

I should choose the two assets as well because I live in a country that exploits gold deposits. I am not happy with his administration but in times of crisis we must have a positive outlook on the future. And we need to work hard because hard times are coming.

The only security you have is with gold. With Bitcoins you can get rich quickly, but also get poor quickly. The price of gold has changed, but not as significantly as with Bitcoin. Bitcoin price is a pure roller coaster. Gold is a roller coaster of a fairground ride. If you want to invest without risk, I would go for gold.

ya.ya.yo!

You'll never get reliable results with a poll like that run on a Bitcoin forum. You wouldn't also get it to work if you asked gold bugs.

The votes are as expected favouring Bitcoin. I also chose Bitcoin because i'm here, investing in Bitcoin  not on a gold forum looking for advice from those people.

Are you not able to understand grade school level English ???   There is a very long shipping delay, because they are busy, and are waiting for more Gold from their distributors.   You did not read very far on that page you listed:

"  However, we are one of the few companies that can pre-order and lock-in prices.  "

The situation is EXACTLY as I said, you can not get gold NOW, the major dealers do not have any....  Sure you can put an order in for future delivery, it will eventually arrive when they get more stock.

You are kind of slow, I do not think I would ever listen to you for anything    :D :D :D

Hard Facts

There are even online shops who sell their Gold bars and you can pay with.. Bitcoin

ya.ya.yo!

Do we have to choose one? Though bitcoin and gold both have advantages and disadvantages. It's not fair to just look at the bad side of bitcoin and believe in "rumors" about it, while looking at the comparison from the good side to gold. IMO, by combining the two will get a chance to get a good profit.

Gold has long been here as old as man. Bitcoin is still young with so many oppositions. Bitcoin gives better and quicker returns than Gold, this is seen from the current pandemic dealing with the economy of the world.

There is no way to compare them because they are actually different in position. We can't buy stuff with gold but Bitcoin can do. For this stance, Bitcoin seems to be fit during the crisis. Bitcoin is a package, an investment, a currency...well, that is should have to be.

Yeah, both are good for investment and the advantage of gold is it never drops hard, unlike Bitcoin. But if we are looking for a profitable investment this time, I believe Bitcoin will make it because of the chances that the price will move high as the demand will increase.

There's a HUGE difference between "no one is selling" and shipping delays my man. At some point you gotta stop making a fool of yourself but whatever you do you, feel free to continue to push your ideology. :P Have a great day!

Yes you can pay with BitCoin, they are dong you guys a HUGE FAVOR by letting you get rid of your BitCoin and get some GOLD  ;D ;D ;D

What they are doing is accepting your BitCoin, instantly changing it to US Dollars, so in reality they are receiving US Dollars for their gold.  They just made it quick and easy for you to get rid of that BitCoin. 

TAKE ADVANTAGE OF IT  :D :D :D

Hard Facts

I don't like comparing cryptocurrencies with precious metals, they are extremely different types of assets. And moreover, gold has already faced the global economic crises, while Bitcoin doesn't have such experience. So just let the time show us which one asset will be more "successful".

You're the one not comprehending grade school english. it literally says there's a shipping delay, not a shortage. You're just making assumptions not stating hArD fAcTs.

Taking a look at the replies of all the topics you've made, I don't think I'm the one they're shaking their heads at.  ::)

I'm still on favor of bitcoin even though it has been affected by the virus, the bitcoin goes down so deep when the pandemic virus exists, still bitcoin is the safe haven for me because there are so many times bitcoin experiened this things but look bitcoin is still alive, way back before bitcoin goes down for about 1,700$ but still getting recovered from losing.
So for sure bitcoin will be recovered from this, if you have so long experience from crypto world, I knoe that you are one of us who still believe on bitcoin than gold.

Both are great investment, one brings faster returns than the other, so is the risk involved, but from the way things are going generally and the future uncertainties, I would invest in both, 50-50, after all, it is not good to lay our eggs in one basket, with Gold your investment is safe, btc brings with it adrenaline  :D
This way, anyone that performs well I still won't miss out on it.

I don't think gold should be compare with anyone be it bitcoin or stock market.As these are two are different things and people buy them with different mentality.Mass selling you see in bitcoin or even in stock market will not be seen in gold.Though people buy gold as an investment but it still comes in luxury product category and bitcoin or stocks are purely investment other than that they are of no use at least right now in my country.This massive rise and dips of prices in crisis situation are due to mass selling and low liquidity and these are common in bitcoin or stocks but people won't prefer to sell there gold over bitcoin due to its multidimensional use and trust factor.Soo these sort of comparisons are irrelevant and must be avoided.

I both have gold and bitcoin but honestly, in times like this. I am cashing out some of my bitcoin in exchange to fiat money to sustain our financial needs to buy foods and other neccessities. But comparing those two, i have seen some news regarding gold when pandemic came;


Also, it increases 2% again last week Possible that this gold will to combat economic issue with corona virus.

Yes I agree, only time will tell.

I think the good news is that general traction for crypto increases, since people are looking to diversify their portfolio and there are no "secure investments" at the moment. Many smaller coins will get in trouble if they don't have the right internal structure or business case behind their currency, for BTC itself it will be positive mid term I believe.

We are still only in the beginnings and we all know how much potential is left, also if you consider that 80% of the central banks are working on creating their own cryptocurrency according to https://cryptopotato.com/80-of-central-banks-are-working-on-launching-their-own-cryptocurrency-bis-report-says/, this is a very bullish sign in the long run.

Let's see when and how this is going to turn out :)

In my view, it is pretty obvious that bitcoin will do better in this time of crisis because no one can easily access gold in this crisis while anyone who have internet can easily access and use bitcoin in this crisis.

The latest dump were likely because of the effect of covid 19 where many countries imposes a lockdown therefore many holders were force to sell their assets just to survive the lockdown but even if the dump is there, we can still use bitcoin unlike gold that no one will likely to buy it now. And as the result of the poll, I saw that many are in favor to bitcoin compare to gold.

If you can take the risk by bitcoins for now then maybe you are in good selection but if you are just hype by those theories or certainly bring by fudster then you are in wrong direction since by now the volatility of bitcoins is unpredictable sometimes it goes up and it goes down, might you will get crazy when 1 day you saw the price got drop badly since for now the economy is struggling and bitcoins is affected on it.

That's why for now I go for gold since this is the safest commodity where we can safely store our money since the price is in stable shape.

Personally, I would rely on gold in times of crisis, and if it won’t bring much profit in a short time, but it’s an asset protection tool that has long been established. Bitcoin, however, can bring big profits, but also big losses, in case of an unfavorable outcome.

WRONG, WRONG, WRONG...  GOLD is a secure investment at the moment...   And yes there are investments that are actually going up in value, you just have to be smart enough to know what they are.

Seriously, what a dumbass statement.

Hard Facts

UNTIL RECENTLY,  BitCoin was being pumped up as " DIGITAL GOLD ", there was even a huge advertising campaign touting BitCoin as Digital Gold...    That FALSE NARRATIVE sure went down the toilet quickly with BitCoins response to its first economic crisis   :D :D :D

Had I posted the above FACT in January, you would have all be ridiculing and dismissing it as FUD....

Hard Facts

They do not make it super clear, but it is a SHORTAGE of Gold.  If you have doubts call them up and ask them if they have stock.  Look at every other major dealer, and see what their website says.

I am sure you are well aware that their is a shortage of Gold, but want to DECEIVE everyone here.  You seem to have no interest in the truth or reality, only in your false narrative...

Is anyone here finding physical gold in stock at a major dealer ????   In 4 pages of this thread, you are the only one DISHONEST enough to not just admit this fact.

Hard Facts

Well, I wasn't claiming I was telling the facts. You were. No one can be 100% confident about what will happen in the future, we can only talk about probabilities. And I think that in the world that has been learning how to deal with harsh situations for many years the probability of unimaginable economic crisis is very low.

Richard Feynman, a prominent physicist and the Nobel prize winner, once said: “Religion is a culture of faith; science is a culture of doubt.” And your statements here look more like religious ones. Think of it.

well two different things to compare. anyway i would vote for gold as it's more stable than bitcoin

You are TYPICALLY STUPID...  You are unable to look at evidence and see the outcome of actions.  I am sure everything is honestly a mystery to you.  The village idiot is always the LAST one to figure things out...

BUT, any intelligent, educated person can see exactly where this is going, and the Economic Crisis will be worse than the great depression, and last for many years.  It is economics and math...

Hard Facts

I don't even know why I'm wasting time trying to convince you, but whatever here you go. I contacted them for you. Again, we're in the middle of a freaking pandemic. Obviously deliveries are going to be delayed. And you can see clearly written that GOLD IS AVAILABLE. What the heck would I get by "deceiving" everyone anyway? I'm actually a gold bull, and I'm just stating the fact that THEY HAVE STOCK. We done now? This is going to be my last reply as it's pretty pointless already.

https://i.imgur.com/PFa1iyB.png

Now what? you're going to say that the email is fake?

MK4,  I do owe you an apology, you were correct.

I have hand it to you, you did the research and found some GOLD   ;D ;D ;D

Nice Job.

PETER SCHIFF is awesome, he is not only the smartest economist on the planet, he runs an honest and reputable business, I would send him my BitCoins in exchange for Gold any day !!!

Hard Facts

I'm going to ignore your insults because I know they arise from fear and uncertainty, and I'm not here to harm you, but to help you.

I used to be like you in my very young age, so, I can give you a pro tip. Stop acting like that, the sooner, the better. You will not only gain nothing from this kind of behaviour, but you can get in big trouble because of it.

First, educate yourself, read some good books(not only by Nietzsche and Schopenhauer, that you are reading, bc being great philosophers they often harm young tender souls). And even after that's done, be modest and polite, and then you'll see that the world is not as scary as you think.

Good luck!

Firstly, Gold can be bought online and saved online in the form of stocks. There are stocks backed by gold and in our country they are called Sovereign Gold Bond. And about the comparison with bitcoin, if we talk about the long term then Bitcoin will be much valuable than gold because of it's finite supply whereas gold can be mined anytime and hence won't be that valuable in comparison to bitcoin.

What you describe is NOT, NOT, NOT gold... It is well known that there are about 500 ounces of PAPER GOLD for every ounce of real gold, so what you would be buying is paper backed by nothing  :o :o :o

That works until confidence is lost, then it does not work and your paper is worth ZERO   >:( >:( >:(

Hard Facts

I believe that it is necessary to have physical gold, and not some bonds and so on, which, in theory, you can exchange for gold. If you rely on gold, you need to store it so that you always have access to it at any time, that is, at home. Neither in the bank, nor anywhere else, exclusively at home.

I thing bitcoin and gold are completely different things.  we cannot compare these two to each other cause both have different values. With Bitcoin, you can grow your investment but Gold can't do this. In my opinion, Bitcoin is more useful than gold to considering this period because we can use Bitcoin for many things. You know that many countries already have legalized it and many online shops take payments via bitcoin. so, if we invest on BTC, we will get a smart profit in future.

Are sure that gold can't grow our investment? I don't think so. As long as the price of gold can increase, it means our investment can grow as well. But it is true that Bitcoin can make it grow better as Bitcoin value is very volatile. So, it has a chance to increase more than what gold can do.

I am not sure which one is more useful but surely both are useful. You can use Bitcoin both for investment and for payment purposes, but unfortunately not in all countries in the world it is legal. While gold is legal in all countries and you can be easier to convert it to fiats. Well, for me each has advantages and weaknesses.

If we will look at reality and on the practical side, Gold is really needed these days. Especially those families which are included in the lower class and middle class. Why? Because firstly, they aren't educated about Bitcoin. And of course, they can't afford more on investing on an internet connection to be in the crypto world. But if we are to check the safety and health of individuals, it is really safer to use digital currency or crypto currency because fiat leads the list in having the likeliness of catching the virus.

But if we are to weigh between the two, they have their own uniqueness and characteristics which are different in their application. We don't have to choose one from the two but instead, make use of each one for the betterment of our investments and assets.

That's right, bitcoin is volatile and it can go lower or higher depending on the situation or the season. They have different advantages and different functions in the economy and comparing them will not help and influence it price. BTC is also used as a store of value for so many years since 2009, and gold is older than btc that's why some people prefer to store gold rather than bitcoin. Like what' I've said, they have different importance in the economy, like bitcoin is for a digital purposes.


Yes, if you can handle two assets like gold and bitcoin then you just need to manage and manipulate it properly so that none of these two will be loss or become useless. Stop arguing on what is the most essential and will do better in a crisis, both are profitable and will help you when you need money for your necessities. They are good to invest and you should prioritize your investment and never let it go down so that you prevent losses in your money.

I do think it is Bitcoins which is winning the argument here.
Gold have a stability ratio but at the same time during the Pandemic one can agree that the price is not well , after 2 years people are hoping that gold will hit all time high , but I do think if we think of the present moment Bitcoins despite the economic crisis and instability due to the Corona virus is still able to hit a Preety stable point in the past at the same time we are going much closer to halving and it can actually increase the prices of this asset .
Plus trading options are also better in Bitcoins .

I agree.
But let's think of majority of ppl. Gold stays for them as kind of stability

I think that both gold and bitcoin will cope well with the crisis. And the figures now point to this.

SGB is not the same thing. The units are measured in grams here and the minimum requirement is to buy 1 gram of bond and it's price is equivalent to 1 gram of gold. Also, you gain additional interest to hold those bonds. I consider holding SGB more than physical gold itself considering the pros and cons of SGB vs physical gold.

I never expected the price of bitcoin to crash this much due to the fact that amid this covid 19  crisis that is affecting all aspect of the economy, bitcoin should have been alternative currency at this period there leading to high demand for it but revise is the case. And in the case of gold we all know how hard it is to access the metal asset ordinary not to talk of the period of lock down in most part of the world so that can cause it demand to increase since access is restricted.

I do like Bitcoin, but I am not surprised about what happened recently. Right from time we have all known that Bitcoin is a volatile asset, and anyone that says that they are not aware of that is a big liar. Bitcoin is a volatile asset, so you're not meant to believe those that are saying it's a safe haven. When you invest in bitcoin you're doing so at your own risk, and might lose your money.

But despite what has happened, I'm still not going to stop buying Bitcoin, as long as I have the money I am going to buy and store them in my wallet. Bitcoin has proven to be good when you invest in a long term, the problem is that not everyone can hold for long. Most people here are just looking for quick profit.

OP, what are you shilling the people to buy? Gold, or gold certificates? Because Gold deliveries are unreliable because of the pandemic, but Bitcoin will available 24/7.

Not your vault, not your gold. 8)

the percentage shows the most votes at the moment to bitcoin. that means, that crypto users prioritize bitcoin over gold right now. however, I guess it's because they can use bitcoin to get extra income, even more so under these circumstances. Well, gold might be good, but it will only continue to be stored.

We are in a cryptocurrency forum so we could be a little bit bias. But in a rational perspective i would say that Bitcoin will do much better in the future because gold. You can't really send it across the globe instantly like what Bitcoin could do with the cheapest fees.
And in the recent news the banks are planning to confiscate gold from investors.

I don't think so, in the most equitable way, both can be groundbreaking in value right now but i consider gold would be better because the user community of crypto and bitcoin is not an ideal number, this cramped space will limit bitcoin's value while gold is a product that the whole world can easily recognize and invest. Looking to a future where recovery begins, investments will gradually return to the stimulus from the government, businesses and investors, gold will undoubtedly stand out more in that moment, instead of an unfamiliar investment like bitcoin

There are months to come when we will be able to say that the crisis is over. If hyperinflation occurs in many currencies then bitcoin would win for sure. It is not user friendly to carry gold bars and ensure authenticity ))) If not, then bitcoin still has greater chances. Because of its low market cap it can make 10x or more while it is almost impossible for gold to do the same as gold market cap has to go to 80 trillion.

This crisis has affected stock prices. The prices of oil, cocoa and many others are crashing. Even if crypto is crashing at this time, we are sure that the price will rise again. I would choose crypto over any other coin.

I definitely think during economic crisis gold will perform better(op's question).But if we are looking in long term basis bitcoin is way ahead in many ways as a new coin due to its easy accessibility as well as portability. Gold is good because of its stability but if we are talking about long term returns bitcoin will easily surpass gold in terms of return as well as its scope of use.   In short gold is good if one wants stable investment option , but if we are looking for good returns bitcoin is better.