Bitcoin Forum

Bitcoin Or Gold?

http://humanevents.com/2014/07/03/bitcoin-or-gold/

This seems to be discussed at least once a week, but as far as a currency or an investment bitcoin always wins. Gold isn't good at all as a currency but I guess it has intrinsic value as a precious metal.

I don't think Gold is the right option for using as a medium of exchange. So i must go with BTC.

Never put all your balls in the same basket.

So, both... Bitcoin and Gold :)

Bitcoin, gold and silver. All have their benefits. I wouldn't put all my eggs in one basket.

I would say half gold and half bitcoin. Gold has survived thousands of years, it will not go down that easily.

Bitcoin - easier to transport and divide.

In China, I choose both Bitcoin and Gold.

Definitely both, but I would overweight bitcoin as it can also be used to engage in commerce

Forget about gold
Stick to cryptos with a core position in Btc and diversify into other promising alts

Yep it's one of those long recurring topics that gets put up now and then, anyways I have a default answer now.
It's a gold coin with a holographic symbol that leads to my Bitcoin balance

I have some of both. I intend to keep buying bit coin. Long term it seems to have more potential and to be more useful.

Stop! Are you kidding? Over the metals, you always buy Bitcoin. Nothing more, nothing less. Don't get sucked into
Bull (capital S) w/ a hit if ya know what I mean.

And yeah, I have both.

I've done some gold trading before. Now I have to say that bitcoin is better. if you want to diversify your portfolio, might as well keep money in both.

It depends, everything can change. Imagine that you live in cuba. You prefer gold because you don't have internet conection.

It depends on how much you want to risk. Gold is much safer i think. The price can go a little bit up or down, but not so fast as for bitcoin. With bitcoin you can make a lot of profit in a short time if you have chance, or loose a lot in a short time. The future is not so sure as for gold. 50/50 for BTC and GOLD is good i think.

So bitcoin is going to take off this month into the beginning of august. So shove all your money into btc then sell near the high and put half of your profit in gold then buy back into bitcoin once its crashed. Boom lots of money.

Just get them all

Gold is much safer, bitcoin is more profitable. If you are willing to take risks, choose bitcoin because it has massive potential.

Internet penetration in Cuba in 2011 (~25%) was several orders of magnitude greater than Bitcoin penetration in the free world today.

Both have their pluses and minuses but bitcoin is easily the better investment right now. Not much money to be made in holding gold that's for sure. You never know for the future though.