This is a meaningless question, folks. You can't talk about which is more real/valuable/etc without specifying quantities.
What would you prefer - one bitcoin or an ounce of gold? If your question is "one bitcoin", then I'll gladly pay you one bitcoin for your ounce of gold.
What would you prefer - ten bitcoins or an ounce of gold? If your question is "an ounce of gold', then I'll gladly sell you an ounce of gold for ten bitcoins.
Talk about meaningless. I can't even.
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They first called the Bitcoin CEO, but he was busy committing suicide. Then they called Satoshi Nakamoto, but he only answers the red phone in Commissioner Gordon's office. Then they called Captain Blockchain, but he was waiting on a long confirmation. They tried to call you but hung up because they heard a strange whine on the line.
Sorry, just having some beasty fun.
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Gold you can buy in the bank and also keep in the bank. There are a special gold, which you can buy or sell easy. The only thing is that you must pay to bank for gold keeping service. There are a lot of people, which do this - in Switzerland banks for example.
Ask Switzerland about how their gold repatriation plans are going.
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Sorry, but I think gold is much more secure. I have a deposit box in a bank which has never been robbed, while I've already lost loads of data because of hard disk failures.
I agree. I am sure there are lots of cases of people getting bitcoins stolen and also lots of cases of gold getting stolen. But gold stored properly, like in a safety deposit box (I know some are sooo paranoid to not keep it there) and Bitcoins stored safely are both really hard to steal. (I use Coinbase's new multisig vault and again many people complain, but I don't think my coins will ever be stolen) My father died and had things including gold in a safe deposit box that he was supposed to leave to me, they disappeared. If you have to have a separate box just for each gold asset you bequeath, then storage will get expensive.
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I must have missed this, but how did the FBI get to Ross's bitcoins? Did he voluntarily give them up?
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimgs.xkcd.com%2Fcomics%2Fsecurity.png&t=663&c=bYtU--mVvJNmow) The FBI has a lot of $5 wrenches. Someone needs to update this with decoy addresses, nLockTime, and multisig. It's just lowbrow levity.
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Nice pump and dump. So unexpected.
Pump: Shake the tree Dump: Identify the weak hands and non-believers Put on spin cycle for 2 years When they have left, watch the pension funds create headlines about BTC reaching $100,000 per coin. Big money needs more coins and they need you all to sell all of your coins to them derp cheap. The bitcoin holdings landscape will look very different 2-3 years from now ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Ah, the big money myth. Always goes well with the weak hands myth. 600M invested by Bitcoin VCs isn't big money to you. It's probably more money than you have anyway. Postmodern skepticism is boring.
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If you buy some, it will probably seem real. The market for gold is much larger. It has greater liquidity.
I had some gold jewelry stolen from me once. Does that count? It counts. But jewelry is at a higher risk of being stolen. It is advertised wealth. Actually they were hidden in my home and I hadn't worn them in years. Nobody knew I had them. Nothing else was stolen. The thief only wanted the gold jewelry. I suspect it was someone that I use to know. I later had a laptop stolen with bitcoin wallets on it. They were encrypted and backed up.
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If you buy some, it will probably seem real. The market for gold is much larger. It has greater liquidity.
I had some gold jewelry stolen from me once. Does that count?
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I can only imagine adamstgBit rolling in his pile of OVER 9000 pages every night!
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Oh my dog, hundreds of very meaningful posts here have suddenly disappeared.
Sometimes people do things they regret. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimages.tangomag.com%2Fsites%2Fdefault%2Ffiles%2Fimage_list%2Frobin-thicke-miley-cyrus-gif-mtv-vmas-2013.gif&t=663&c=ZSC3ngHgqRaNlA)
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Well that comes down to scale. It's alleged the exchanges are already exchanging in fractional reserves and manipulating the price of BTC. Wait until the bigger real world whales start coming in like private funds, banks and governments who can crush those exchanges in a heart beat.
They are allegedly doing the same with paper gold. It doesn't seem to make it any more or less secure. Besides, we only have open exchanges because they are still unregulated. Regulated exchanges will be less able to engage in such activity. That's when real world whales will fill the regulated exchanges through licensed brokerage firms.
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I'm just here to pick up cheap posts before they hit 10k.
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Bad investment ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Home was worth $400K and he only got 648 BTC which is only worth $259K at todays prices He basically gave his house away super cheap and should be sick about it ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) What do you mean by *should*? Why don't you think he is happy to own so many bitcoins? Maybe he is living on a tropical island and knows his money cannot be unjustly frozen or confiscated by a civil court lawsuit. Maybe he is simply confident in Bitcoin's future.
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Maybe ISIS will use this. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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President Reagan loved decentralization.
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http://www.usmarshals.gov/assets/2014/dpr-bitcoins/THIS SEALED BID AUCTION IS FOR A PORTION OF THE BITCOINS CONTAINED IN WALLET FILES THAT RESIDED ON CERTAIN COMPUTER HARDWARE BELONGING TO ROSS WILLIAM ULBRICHT, THAT WERE SEIZED ON OR ABOUT OCTOBER 24, 2013 (“COMPUTER HARDWARE BITCOINS”). Anybody want 50000 BTC? Here we go again!
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Compared to Bitcoin gold doesn't seem real... secure. Sure you can keep it in a vault, but then you can't spend it. If you do carry it around, it's far more noticeable for robbers to steal than cash because it's heavier. It's harder to hide in your home because of metal detectors. Even vaults aren't safe without armed guards, which are expensive and sometimes untrustworthy. Bitcoin can be secured in ways that are impossible to steal, even under duress with five dollar wrenches. That way, they can't even be stolen by home invaders. Bitcoin may be volatile, but gold can be easily stolen. They are easily hidden and layered with decoys. They can be time locked better than any bank vault. Bitcoins can protect some of your wealth even when you are wrongfully judged by an imperfect society. With Bitcoin, you can travel the world and know your wealth is secure. You can have much faster access to liquidity with Bitcoin if you really need it. Bitcoin just makes you feel so much more secure. It makes you feel like credit cards used to before all the identity theft and privacy issues. Why would anyone feel personally secure with gold?
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market seem more interesting, the next 24 hours is critically gentlemen !!!
EDIT ::: breakout into 420 within 24 hours
Sounds like a party. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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The weekend dip is nearly over.
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A new multilateral framework and 'multi-polar system' for managing capital flows and national debts That describes shadow banking pretty well.
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