Bitcoin or a gold bar with the same value?

[madwica]

For me i choose Gold because the value of Gold was continuous increasing never been dropping its price and for sure we will have great profit in the future! but Bitcoin is also good for trading because of the fluctuation of the price.

[noictib]

Yes bitcoin is popular and known to all cryptocurrency trader, dealer, user and due to its popularity its price is quit sky rocketing about $550 and with such popularity bitcoin is soon going to surpass the price of bitcoin

[markj113]

you wish. go in a store and buy some gum. then offer to pay 1000 bitcoins for it or 10 Kg Gold, but they will have to decide now.
99% will pick the gold. even thou the bitcoin are more handy to carry around then 10 Kg of gold.

I dont think there are many people on this forum that could afford 10kg of gold, current price = $427,195

Also for people that keep saying gold is hard to store or keep secure, at todays prices 10BTC = 19 gold sovereigns.  If you find these hard to hide in your property you must be living in a shoe box -



My oldest sovereign is from 1876, 140 years old and its still valuable now.  Are you conviced bitcoin will still exist in 10 years let alone 140 years?

[Galiatram]

Depends on the amount 10btc is not a big investment relatively speaking, so choosing it makes sense as it has more chances of exponential growth. If I was to choose between a 1000 Bitcoin and gold in equal value, than I will pick gold to preserve value.

Yes for lower amounts I do the same I pick the bitcoin to be able to expand. For big amounts like above 30k USD worth + I would pick gold to be on the safe side. After that I would probably convert 10k to bitcoin and use that to invest again. No need to spend all of the money on investing if you can just split it up keep  a part safe and a part for investing.

[pooya87]

Depends on the amount 10btc is not a big investment relatively speaking, so choosing it makes sense as it has more chances of exponential growth. If I was to choose between a 1000 Bitcoin and gold in equal value, than I will pick gold to preserve value.

Yes for lower amounts I do the same I pick the bitcoin to be able to expand. For big amounts like above 30k USD worth + I would pick gold to be on the safe side. After that I would probably convert 10k to bitcoin and use that to invest again. No need to spend all of the money on investing if you can just split it up keep  a part safe and a part for investing.

the amount is not the factor in choosing gold or bitcoin or anything else. you can invest in gold with a smaller amount too. there is nobody forcing you to invest from a bigger minimum. and even with a bigger amount of money it is always best to diversify, invest in multiple things not only bitcoin/gold. that way you reduce the risks and increase the profit.

[coinoclock]

i was just wondering if there is an estimated percentage of gold that we mined? we know the number for btc but for gold? we could always find more, so in a sense i think bitcoin might be better.

Mining? and you see the question is having a relationship with mining?I don't see that. You can, you just made an irrelevant post, mining in the digital compared with real mining?irrelevant

i don't think you understand me.
the total amount of bitcoin is known to us (21 million) even as it isn't mined all yet. because there will be no more bitcoin there is no inflation = stable value.
with gold we don't know the total amount and if you mine more gold the gold loses its value. let us assume a gold comet hits the earth and doubles the gold volume available.
so i think this is very relevant to the conversation.

[greBit]

For me i choose Gold because the value of Gold was continuous increasing never been dropping its price and for sure we will have great profit in the future! but Bitcoin is also good for trading because of the fluctuation of the price.

Both are good in their own ways, gold will give us secure profits in future and bitcoin will give us some quick profits in quick time, so I will choose to invest in both of them to gain maximum benefits.

[coinoclock]

For me i choose Gold because the value of Gold was continuous increasing never been dropping its price and for sure we will have great profit in the future! but Bitcoin is also good for trading because of the fluctuation of the price.

Both are good in their own ways, gold will give us secure profits in future and bitcoin will give us some quick profits in quick time, so I will choose to invest in both of them to gain maximum benefits.

btw gold had long periods of time where it was losing in value. if it was only going up everybody would invest in it.
but besides that i don't see why you want to make a quik profit with bitcoin and a long term with gold? if you are so sure about this why not invest all your money first in bitcoin and afterwards take it all to gold?