madmartyk
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Yes I am a pirate, 300 years too late!
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August 03, 2016, 07:16:13 PM |
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It would come down to liquidity, Even here in the US it's a pain to turn BTC into $$$. With gold or silver I can go to any coin store and sell. I know in the EU there are BTC ATMs but none here. Have to stick with gold.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Superbitzz
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August 03, 2016, 07:27:59 PM |
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A gold bar. You can't trust Bitcoin more than Gold, because Gold will NEVER disappear. It's going to be a currency forever. Bitcoin instead.. well, it can fail at any second. Just a split second of no energy worldwide. Will you trust BTC ever again? I don't think so. For those investing in Bitcoin all their money, that would be a split second of poverty.
bitcoin is way better than gold right now because it can make you a lot of money, in my opinion gold is too old already and bitcoin technology is better yes that is a fact the bitcoin and gold bar will be at the same rate presently but you can see that there a lot of potential in the price of bitcoin and it will raise to a very high position with in some months, therefore for me the best option is bitcoin for making money in a very very short period of time, although the price of bitcoin has fall down to a very very low price but still i can see that it has a very high potential to reach to a next high position..
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madmartyk
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Yes I am a pirate, 300 years too late!
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August 03, 2016, 07:29:42 PM |
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A gold bar. You can't trust Bitcoin more than Gold, because Gold will NEVER disappear. It's going to be a currency forever. Bitcoin instead.. well, it can fail at any second. Just a split second of no energy worldwide. Will you trust BTC ever again? I don't think so. For those investing in Bitcoin all their money, that would be a split second of poverty.
bitcoin is way better than gold right now because it can make you a lot of money, in my opinion gold is too old already and bitcoin technology is better yes that is a fact the bitcoin and gold bar will be at the same rate presently but you can see that there a lot of potential in the price of bitcoin and it will raise to a very high position with in some months, therefore for me the best option is bitcoin for making money in a very very short period of time, although the price of bitcoin has fall down to a very very low price but still i can see that it has a very high potential to reach to a next high position.. Tell that to anyone that bought into Bitcoin at over $1000 each!!
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raymond541
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August 03, 2016, 10:03:09 PM |
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Still bitcoin not valuable than gold.I would go with the traditional safe heaven like gold because bitcoin still not popular like gold.you can buy sell gold every where in the world but you can not buy sell bitcoin every where in the world.you can exchange gold everywhere but not bitcoin.I have bitcoin but I dont feel safe because I think someone have control over my bitcoin.
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funbarrel
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August 03, 2016, 10:09:13 PM |
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A gold bar. You can't trust Bitcoin more than Gold, because Gold will NEVER disappear. It's going to be a currency forever. Bitcoin instead.. well, it can fail at any second. Just a split second of no energy worldwide. Will you trust BTC ever again? I don't think so. For those investing in Bitcoin all their money, that would be a split second of poverty.
bitcoin is way better than gold right now because it can make you a lot of money, in my opinion gold is too old already and bitcoin technology is better yes that is a fact the bitcoin and gold bar will be at the same rate presently but you can see that there a lot of potential in the price of bitcoin and it will raise to a very high position with in some months, therefore for me the best option is bitcoin for making money in a very very short period of time, although the price of bitcoin has fall down to a very very low price but still i can see that it has a very high potential to reach to a next high position.. Tell that to anyone that bought into Bitcoin at over $1000 each!! so what that people bought on such a huge price? they just need to be patient and wait the price is definitely going to reach a new all time high in the future
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Junko
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August 03, 2016, 11:23:10 PM |
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I'll take an amount of bitcoin over an equivalent amount/value of gold. It's a gamble of course, but Bitcoin, imo, has more potential to in crease greatly in value compared to gold.
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michelle1845
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August 03, 2016, 11:26:38 PM |
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Good observations. There are clear advantages and disadvantages of each of these.
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madmartyk
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Yes I am a pirate, 300 years too late!
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August 04, 2016, 12:07:45 AM |
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Again, it comes down to if you'll need to convert them to cash. When I get a good amount of BTC, I buy silver eagles. If I need cash I sell the silver. I can pay bills with $$$ I can't pay bills with BTC.
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madwica
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August 04, 2016, 12:38:56 AM |
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For me if choose bitcoin because bitcoin can use in shopping and easy to exchange to money while in Gold you can spend it in stores even in online shopping and during exchange it to real money you'll need to exchange it to legit gold exchanging outlet to secure of the value of your Gold.
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Cast12
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August 04, 2016, 12:43:21 AM |
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I'd choose bitcoin because it is easier and faster to sell. And you won't have to worry about your house getting robbed because you own gold.
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outatime1
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August 04, 2016, 01:12:24 AM |
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I go with the bitcoins because there is more potential for gains. It may be the more risky option, but I think bitcoin will prevail in the end.
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jhenfelipe
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August 04, 2016, 01:36:39 AM |
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Well I think it is not close to possible for me to have 10 BTC / Gold for free. But to answer your question, BTC and Gold are good investment and both have pros and cons. If it will be okay to have both then why not, I will be happier with that. It's hard but if I really need to choose one, I think I will choose Gold as of now, not because of the price of bitcoin, but because Gold is widely known and can be exchange to fiat anywhere (of course you won't exchange it all at once). Even if I will not choose FREE BITCOIN, I will still make an investment on it through my own earnings I do trust in bitcoin's potential and I'll support it all the way.
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JeffBrad12
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August 04, 2016, 02:03:12 AM |
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Still bitcoin not valuable than gold.I would go with the traditional safe heaven like gold because bitcoin still not popular like gold.you can buy sell gold every where in the world but you can not buy sell bitcoin every where in the world.you can exchange gold everywhere but not bitcoin.I have bitcoin but I don't feel safe because I think someone has control over my bitcoin.
The limitations in using bitcoin have become a real factor for bitcoin is can't defeat the gold, looks like real physically, whether bitcoin is having that?I can say no and anyone can use bitcoin without the internet? and again the limitations coverage of using bitcoin has become a real factor for the deficiency of bitcoin.
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medevlo
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August 04, 2016, 02:09:01 AM |
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This is tough one to choose due to the recent events that has happened in a span of 24 hours ago.
If it was before the halving of 2016 with high hopes of bitcoin going over $1300 by the end of the year I would say 10 bitcoins. Since that is would be worth more than a gold bar.
But since that did not and probably will not happen now. My choice would be the gold bar because it is pretty much steady at $1302 an ounce right as I am writing this.
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DoomDumas
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Bitcoin
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August 04, 2016, 02:35:27 AM |
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10 bitcoins, no need to think about it. Much more usefull, and IMO, will have tremendously more purchasing power in 5 years from now !
quote me.
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7788bitcoin
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August 04, 2016, 05:05:23 AM |
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Let's test your belief in Bitcoin's potential. OK, let's say someone approach you, and offer you two options for free... 1. 10 bitcoins or 2. A gold bar with the same value at the time. What will you chose? We all say, we believe in Bitcoin and it's future, but if you faced with this decision... would you go for the traditional safe heaven or would you go with the new Bitcoin option, that are still in it's experimental phase? Give me your reasons, why you would take the one over the other.... I know which option people will chose that are not familiar with Bitcoin ----> Gold bar. I will choose the 10 BTC for SURE!! Basically I do not know where I should keep the gold bar without losing it ten years down the road. I used to have a safe deposit box with a bank but they charge me $100 per year, which means whatever I keep inside will depreciate by at least $100 per year ($1000 for ten years!)
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~Bitcoin~
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August 04, 2016, 05:13:50 AM |
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If you ask this at current price of bitcoin which is recovering after this massive dump yesterday than i will definately choose 10 bitcoins and may sell them when it reach again 700$+ and buy gold bars, this could be smart move lol.
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avikz
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August 04, 2016, 05:17:28 AM |
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Definitely gold bar with the same value at that time. Because it is safe investment. Gold bar prices will not appreciate overnight but also not depreciate overnight. Gold price is very stable. On the other hand gold is also a tangible asset which bitcoin is not.
Bitcoin certainly has the potential to go up to any uncharted territory if we hold it longer, But it is not safer like gold. Given the choice, I will go for gold.
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Oj0
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August 04, 2016, 06:08:24 AM |
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If only the same price why I choose one of them. Two of them i choose both because we need them and we both earn in gold and bitcoin. Bitcoin 's a great investment for long time and okay as gold for life time . Okay so you have two of them to suddenly increased prices they can both earn and grow your money. Bitcoin and gold are the greatest investment that ever known.
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Herbert2020
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August 04, 2016, 06:41:04 AM |
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Let's test your belief in Bitcoin's potential. OK, let's say someone approach you, and offer you two options for free... 1. 10 bitcoins or 2. A gold bar with the same value at the time. What will you chose? We all say, we believe in Bitcoin and it's future, but if you faced with this decision... would you go for the traditional safe heaven or would you go with the new Bitcoin option, that are still in it's experimental phase? Give me your reasons, why you would take the one over the other.... I know which option people will chose that are not familiar with Bitcoin ----> Gold bar. for free i would gladly take either, it would be free money but generally i prefer both of them not only one, as i do with my own investment. something like a 70-30 portion is good for me, the 70 being in bitcoin because that has more potential.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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