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Author Topic: Which one shall go TO DA MOON? Siver or Bitcoin?  (Read 3694 times)
goldlyre (OP)
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November 24, 2012, 12:17:03 PM
 #1

I'm a veteran silver stacker and a newbie bitcoin speculator. What I'm concerning most now is that in the near or intermediary period which one shall go to da moon first? Siver or bitcoin?
FYI: my DCA of bitcoin is only a little bit under the present day price.

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November 24, 2012, 12:31:29 PM
 #2

Welcome to the bitcoin world  Cheesy

Your post belongs to this forum category, and I think it will be moved there:
https://bitcointalk.org/index.php?board=57.0

But here is a thread discussing bitcoin vs gold and silver:
https://bitcointalk.org/index.php?topic=68655.0
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November 24, 2012, 12:36:01 PM
 #3

I'll say silver, just because it's been around a lot more than Bitcoin.
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November 24, 2012, 05:06:44 PM
 #4

You will see a fluctuation between the two. Ultimately silver is going higher as industrial demand and fed QE continues.

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November 24, 2012, 05:49:43 PM
 #5

Bitcoin have potential to be a much better ROI, its so easy to use on the internet and in real life.
But is also higher risc.

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November 24, 2012, 06:28:23 PM
 #6

The important question is: Will 1 bitcoin ever be worth more than 1 oz of silver?  Tongue
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November 24, 2012, 07:05:45 PM
 #7

I'll say silver, just because it's been around a lot more than Bitcoin.
That's like saying "I'll say horses just because they've been around a lot longer than air planes or cars"

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November 24, 2012, 07:48:38 PM
 #8

I'll say silver, just because it's been around a lot more than Bitcoin.
That's like saying "I'll say horses just because they've been around a lot longer than air planes or cars"

Agreed. Nowadays newer can easily be better. Just sayin'

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November 24, 2012, 08:21:00 PM
 #9

I'll say silver, just because it's been around a lot more than Bitcoin.
That's like saying "I'll say horses just because they've been around a lot longer than air planes or cars"

Horses are way up.
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November 24, 2012, 08:46:55 PM
 #10

I'll say silver, just because it's been around a lot more than Bitcoin.
That's like saying "I'll say horses just because they've been around a lot longer than air planes or cars"

Horses are way up.

B.S.

A friend put an ad in the paper looking for a free horse and had 12 horses offered in less than a week.  Hay is way up and those suckers eat a lot.  They aren't worth the upkeep costs unless you use them every day.

https://www.bitcoin.org/bitcoin.pdf
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November 24, 2012, 08:55:00 PM
 #11

I'll say silver, just because it's been around a lot more than Bitcoin.
That's like saying "I'll say horses just because they've been around a lot longer than air planes or cars"

Horses are way up.

B.S.

A friend put an ad in the paper looking for a free horse and had 12 horses offered in less than a week.  Hay is way up and those suckers eat a lot.  They aren't worth the upkeep costs unless you use them every day.

Well at least that alleviates the hoarding problem (for horses  Cheesy)
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November 24, 2012, 09:17:43 PM
 #12

Moving bitcoins between earth and moon is much much easier than silver! You just need a private key on the moon and you are ok!

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November 24, 2012, 09:55:25 PM
 #13

Bitcoin have potential to be a much better ROI, its so easy to use on the internet and in real life.
But is also higher risc.

Really?

Using a silver coin as in : "going to your local coin shop and handing it over for cash"........is so hard lol

Bitcoin is not that easy to use to the average joe, yet....so I disagree.

Your point fails really hard.

ROFL!!!

 Grin Grin Grin

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November 24, 2012, 10:02:00 PM
 #14

Bitcoin is not that easy to use to the average joe, yet....so I disagree.

Yes it is, but they just don't know it (yet?). Granted, there are subtle nuances that take it well above dummy level but it's not that difficult to get started with Bitcoin. I got a female friend in her fifties into it a bit recently, and she even downloaded Bitcoin-Qt! She did complain a little that synching the blockchain's a bit slow on her old PC, mind. Smiley But she managed it anyway, even if she hasn't spent the few pennies I shipped her way. Then again, she's reasonably intelligent and obviously not a technophobe, especially for someone her age - I think she's got IT-savvy relatives.

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November 24, 2012, 10:09:52 PM
 #15

Bitcoin is not that easy to use to the average joe, yet....so I disagree.

Yes it is, but they just don't know it (yet?). Granted, there are subtle nuances that take it well above dummy level but it's not that difficult to get started with Bitcoin. I got a female friend in her fifties into it a bit recently, and she even downloaded Bitcoin-Qt! She did complain a little that synching the blockchain's a bit slow on her old PC, mind. Smiley But she managed it anyway, even if she hasn't spent the few pennies I shipped her way. Then again, she's reasonably intelligent and obviously not a technophobe, especially for someone her age - I think she's got IT-savvy relatives.

The point is still valid...it isnt easy for the average person. Plus people who aren't computer savvy are also going to consider Bitcoin as "difficult to use".

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November 24, 2012, 10:20:56 PM
 #16

The point is still valid...it isnt easy for the average person. Plus people who aren't computer savvy are also going to consider Bitcoin as "difficult to use".

Granted, you do have a reasonably valid point. However, a Bitcoin client isn't that much more difficult to use than a web browser, really. Actually, if the average joe can drive a car or fill out a tax return (yikes!), they can definitely install and use a Bitcoin client if they so desire. That latter stipulation may be the tricky part, though.

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November 24, 2012, 10:25:13 PM
 #17

The point is still valid...it isnt easy for the average person. Plus people who aren't computer savvy are also going to consider Bitcoin as "difficult to use".

Granted, you do have a reasonably valid point. However, a Bitcoin client isn't that much more difficult to use than a web browser, really. Actually, if the average joe can drive a car or fill out a tax return (yikes!), they can definitely install and use a Bitcoin client if they so desire. That latter stipulation may be the tricky part, though.

"Can" is not the same as "will be easily able to do".

People will get it perhaps in the next year or two. But to pick up a new concept like bitcoin and put your full faith into it on a whim is stupid.

It took me about 8 weeks to get the concept of bitcoin down so I understood how it all worked and was able to test it out before delving into it as an investment.

The average joe will not wake up as fast to this new system. Most of us were born into the paper/digital money system.

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November 24, 2012, 11:04:11 PM
 #18

Bitcoin have potential to be a much better ROI, its so easy to use on the internet and in real life.
But is also higher risc.

Really?

Using a silver coin as in : "going to your local coin shop and handing it over for cash"........is so hard lol

Bitcoin is not that easy to use to the average joe, yet....so I disagree.

Your point fails really hard.

ROFL!!!

 Grin Grin Grin

Smoothie

From the starting point of having BTC (an enviable point):
1. spend

From the starting point of silver:
1. drive to shop
2. get a bad price because you have 1 damn coin
3. go to bitinstant
4. drive to bank
5. pay a fee
6. spend


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November 24, 2012, 11:05:54 PM
 #19

Bitcoin have potential to be a much better ROI, its so easy to use on the internet and in real life.
But is also higher risc.

Really?

Using a silver coin as in : "going to your local coin shop and handing it over for cash"........is so hard lol

Bitcoin is not that easy to use to the average joe, yet....so I disagree.

Your point fails really hard.

ROFL!!!

 Grin Grin Grin

Smoothie

From the starting point of having BTC (an enviable point):
1. spend

From the starting point of silver:
1. drive to shop
2. get a bad price because you have 1 damn coin
3. go to bitinstant
4. drive to bank
5. pay a fee
6. spend



Well no one says you HAVE to use a dealer to sell silver. I've had much success selling on craigslist for prices higher than spot.

Your point?

1. Sell silver over craigslist for cash.

2. Spend cash locally without a bank involved.

I think this is how most people do things now a days when it comes to silver and gold.

LOL  Cheesy Cheesy Cheesy

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November 24, 2012, 11:26:46 PM
 #20

I don't know where you live but where I am I can exchange any gold or silver bullion at fixed rates at any bank instantly. (Except these "silver rounds" but only idiots buy these anyway)
It's even more convenient  than a savings account since I don't have to sign anything.
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