If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
I will always go with Bitcoin. Similar to bitcoin gold is also limited, so you also cannot predict it's price after 10 years (maybe it'll take more time than bitcoin to observe a drastic change). I think the demand of bitcoin is increasing day by day and will continue to increase eventually when it's reserve will near to an end! Moreover, gold has no value other than being used for ornamental purposes! Whereas bitcoin is a totally different case  Says the person using using an electronic device containing gold. Suggest you do so more homework before posting nonsense. |
|
|
|
|
Calendar posted and tracking info pm'd
|
|
|
|
Bitcoin price can drop at any time, so definetly choose gold. However I would convert 5% to BTC to spend
I agree we do not know if bitcoin can be stable for long time. Possible bitcoin can disappear this is a network all is possible in network can be stable or not. But for assurance If you had to convert all your wealth to either Bitcoin or gold? Still I'll go for Gold, this is Century and tested In humans history. Just my 2 cents. yes it's right bitcoin price can drop any time but "bitcoin can rise any time " the big diffirent about Gold and BItcoin is "supply" Bitcoin "supply" shortage is a myth - as its just numeric digits its infinitely divisible so there will never be a shortage. The only thing that will change is the value of those digits. |
|
|
|
|
Payment received for an advent calendar thanks.
Tracking number will be pm'd first thing in the morning.
|
|
|
|
Yes they arrived safe and sound thanks for packing them so well  . How much are the Christmas boxes? All the prices are in the first post - 2015 Advent Calendar : + ill give you a 10% discount due to your previous order |
|
|
|
Glad to hear they arrived safe and sound hedgy73. Not just trying to drum up sales but the Christmas calendars would make an excellent gift for the misses or lady friends, 24 different scented wax melts 8 Currently available ready for immediate shipping -  |
|
|
|
Ok I have sort of seen how this thread has gone. How about this. I would like to pay spot price for a 10 ounce silver cube that has a B engraved on the front of it and on the bottom it says 001 out of 001.
Would this be something you can do? We would either have to use escrow or you would ship it first to me in KS. (no offense but you are a new account). I would have some friends check it out to make sure it is pure silver and then can pay/release escrow.
What do you say?
Seems a little unfair to expect to pay spot for that - A) You cant buy silver at spot price B) The additional work involved - the guy has to earn a living or for it to be worth his while. |
|
|
|
ofcourse i chose gold
why ?
because bitcoin will bankrupt / smthing
and gold u can keep it until u die xD
This is what I like about it. It is a physical object you can keep safe for a rainy day when times are tough, you know it will hold some of it's value for a long time. Well I would not completely underestimate bitcoin if I was you guys. Keep your gold, but also don't forget to keep a small part of that gold in Bitcoin as well. Bitcoin is becoming the new gold  or the new tulip |
|
|
|
If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
For now, I would pick gold. Gold has made a strong recovery over the past week. You must see more than some weeks to find the real trend of the price of the gold. Below are the prices of gold the lasts 5 years. The trend is the decrease of price. I told 5 years. In the post above yours and quoted by you is written that bitcoin has only 5 years of life. Recall something in your mind this coincidence? I don't want to believe this because it could be an coincidence, but 5 years are even the amount of years in which the price of gold began and was decreased.   Your out of your mind if you are saying bitcoin is the reason why gold prices have dropped the last 5 years  |
|
|
|
|
Only 1 account seems to fit the specs -
tarmi
|
|
|
|
Bitcoin. Gold has already had its time to stabilise. Bitcoin on the other hand is still quite volatile and it would be better to invest in it as you would earn more. Gold would practically earn you nothing as it already has a stable price. Could earn more or could go to ZERO (99.9999% of world population would not notice or care), gold will never go to zero value. Gold still has a massive upside due to the world financial mess, when negative interest rates start in the US watch gold climb' The global economy is a ticking time bomb with gold just waiting to go parabolic! |
|
|
|
why not try 50 - 50 for each Fifty fifty is never been good idea now Gold is also collapsing so taking this opportunity is not a bad idea I will go with Gold 65% and 35% with bitcoin 50-50 is not a good idea, because if you get some profit in the other then it is less. If you loose then the lost is small and that is good, but our concern is to win so i would go mostly 70% in bitcoin and the rest in gold. This time is not good to take 50 : 50 i will take 75% for Gold ( because Gold price is down) and 25% for bitcoin , you can see now bitcoin price up +20% from $220 That could be ok too, but i don't prefer to go 100% full to gold or bitcoin. Only if you really think that the price will go up in near future then yes. I still haven't bought gold, but maybe will think to buy at bitgold in near future. You could buy land too to have a diverse portfolio. 10-20 acres of land, a few gold coins, a few silver bars and a few bitcoins. Well this is another story which is not to bitcoin or gold related. Personally if i choose to invest in gold i would invest in rings and other jewelry. By this you sell the gold at that price and sell it for the great design if any. Except gold rings and jewellery usually carry a huge premium that you will be lucky to recover at sell up time. Think ill stick with 3-4% over spot gold bars/coins Gold is for women and if the jewelry looks awesome its price can go much higher. Especially for wedding rings these cost a lot but people doesn't care to much. Comparing to bitcoin which is in every field the same, but investing there i see more advantages. Except gold has : 1) Rear world physical applications 2) Zero third party risk (no wallets, exchanges, blockchain) 3) Gold is self sufficient, no internet, computers etc. required 4) Never rusts, tarnishes or degrades (hard drives fail, paper wallets burn/degrade, passwords can be forgotten) 5) Gold is backed by world banks and governments 6) Gold has thousands of years backing it, bitcoin is an unproven baby at 5 yrs old. Bitcoin advantages - 1) People keep saying its easier to transport - how often do you go wondering around with a few hundred thousand dollars on you? 2) Better for online payments - I use my debit card, although it is better for international payments due to lower fees. 3) People claim it is safer/more secure than stacking gold - There seems to be a hell of a lot more people that have lost a hell of lot more money through hacking/fraud/theft than any gold stacking website I have ever been on. Gold is an investment, Bitcoin is a gamble. If you had a million $ in bitcoin on a memory stick no one would be impressed. If you had a million $ in gold you could look this cool  |
|
|
|
why not try 50 - 50 for each Fifty fifty is never been good idea now Gold is also collapsing so taking this opportunity is not a bad idea I will go with Gold 65% and 35% with bitcoin 50-50 is not a good idea, because if you get some profit in the other then it is less. If you loose then the lost is small and that is good, but our concern is to win so i would go mostly 70% in bitcoin and the rest in gold. This time is not good to take 50 : 50 i will take 75% for Gold ( because Gold price is down) and 25% for bitcoin , you can see now bitcoin price up +20% from $220 That could be ok too, but i don't prefer to go 100% full to gold or bitcoin. Only if you really think that the price will go up in near future then yes. I still haven't bought gold, but maybe will think to buy at bitgold in near future. You could buy land too to have a diverse portfolio. 10-20 acres of land, a few gold coins, a few silver bars and a few bitcoins. Well this is another story which is not to bitcoin or gold related. Personally if i choose to invest in gold i would invest in rings and other jewelry. By this you sell the gold at that price and sell it for the great design if any. Except gold rings and jewellery usually carry a huge premium that you will be lucky to recover at sell up time. Think ill stick with 3-4% over spot gold bars/coins |
|
|
|
Bitcoin or gold? Very easy option. I will choose bitcoin "for now". I see the future of BTC in next years will come in a good shape. Gold is always good for long term investment and bitcoin is always good for short term investments. You can decide based on your needs. In my view both bitcoin and gold are good in long term investment. I prefer both as I diversify my investment across many different investment sectors for a risk controlled returns. As of now, bitcoin is better investment than gold. Complete baseless bollocks people keep spouting here for some reason to support their "to the moon" hopes. I dont see Central banks, Russia or China hoarding bitcoin like they are currently doing with Gold. Follow the big money |
|
|
|
gold would be a SAFER investment in the long term, but if you choose to invest in bitcoin, its unpredictable if you'll gain money or lose. in the future btc could skyrocket if it gains enough popularity it could also die if everyone gives up on it. if u feel like doing a risky investment choose bitcoin. safer investment, go with gold  Not true, gold is safer in terms of economic risk, but gold is riskier in terms of political risk, because it can be confiscated anytime.Bitcoin has higher economic risk, because of price fluctuation, but has lower political risk. So how does this happen? Are you just going to hand it over when asked, if so then you would do the same with bitcoin. I think you need to have a read up on how successful the last gold confiscation in the US was (not very) |
|
|
|
not only bitcoinm , and not only gold, i would advise to spread the investments. For now i'm 60%btc and 40% gold, i think a gold pump is near
I agree that a gold pump is imminent |
|
|
|
I think gold still got the massive network effect, everyone in the world has the mental image of gold means wealth and luxury. What gold lacks and Bitcoin has, the excitement of novelty and revolution. Gold feels old and established and pretty boring, Bitcoin is an exciting roller coaster into the future. But remember that gold has its own importance in the world and it will be remain.
Try holding a large bar of gold and then the equivalent value in bitcoin on memory stick and tell me which one feels boring |
|
|
|
|
a £25k gold bar is the size of smart phone.
Really not that hard to hide a few of them.
|
|
|
|
|
Show Posts
