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Author Topic: Bitcoin or a gold bar with the same value?  (Read 3916 times)
Kakmakr
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August 04, 2016, 06:48:39 AM
 #61

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.

I have to say that I have to disagree with you, because I can have the $$$ in my bank account on the same day I sell them and even quicker if I go through Localbitcoin. The infrastructure is better in bigger cities, so it is no big problem for us to convert back to cash. We prefer to stay in BTC for almost everything, but occasionally have to convert back to cash.

I use it more as a speculative investment tool. ^smile^

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August 04, 2016, 06:54:53 AM
 #62

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.  Roll Eyes

Never put all in single asset. Split 50% betwen gold, silver, some stock. 30% in BTC 10% in BTC stock and other 10% in other cryptocurrencies.

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August 04, 2016, 06:59:10 AM
 #63

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.  Roll Eyes

If i am able to pick half of both then that would be my choice, having both of them gives me more
option on what to do with it invest it,store it,sell it,trade it or use it. having a lot of options will give me more
chance to know what is better to do with bitcoin/gold that i will receive.

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qiwoman2
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August 04, 2016, 07:13:24 AM
 #64

I like the idea of owning some gold so now I am collecting a bit of gold when I can. I also like the liquidity of bitcoin but gold seems to have a more steady climb long term upwards, bitcoin is getting a bit too volatile again.


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August 04, 2016, 08:48:52 AM
 #65

obviously bitcoin and that's a simple reason for me because i'm bitcoiners and not gold collecting however if you asking these questions to the gold bag holders i'm pretty sure that they more likely will choose A gold bar
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August 04, 2016, 08:53:41 AM
 #66

Bitcoin doesn't have any logical value. It's soft, and just looks good. Bitcoin at least is built to go up in price, does not tarnish, and is decentralized. Cheesy

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August 04, 2016, 09:41:26 AM
 #67

Gold Bar!  Smiley  You can make accessories,jewelry and increase value out of it. Though bitcoin will increase value in time same with gold, Gold has a physical features and charm Wink Women love to wear it too Wink

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August 04, 2016, 09:45:27 AM
 #68

Gold Bar!  Smiley  You can make accessories,jewelry and increase value out of it. Though bitcoin will increase value in time same with gold, Gold has a physical features and charm Wink Women love to wear it too Wink

Yeah, if it was associated with women, I certainly would prefer gold than bitcoin. Because when we have gold we certainly could change gold to complement the beauty of which we have so far. But to get a very high increase then I prefer bitcoin: for the price of the bitcoin has no limits and it's very different with gold, gold is experiencing a rise in the less fun
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August 04, 2016, 09:58:09 AM
 #69

Gold Bar!  Smiley  You can make accessories,jewelry and increase value out of it. Though bitcoin will increase value in time same with gold, Gold has a physical features and charm Wink Women love to wear it too Wink

Yeah, if it was associated with women, I certainly would prefer gold than bitcoin. Because when we have gold we certainly could change gold to complement the beauty of which we have so far. But to get a very high increase then I prefer bitcoin: for the price of the bitcoin has no limits and it's very different with gold, gold is experiencing a rise in the less fun
i always prefer bitcoin because if the price of bitcoin increases it will be more better than having a gold bar, we can buy several gold bars like it and make variety of accessories we want.
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August 04, 2016, 10:00:58 AM
 #70

Gold Bar!  Smiley  You can make accessories,jewelry and increase value out of it. Though bitcoin will increase value in time same with gold, Gold has a physical features and charm Wink Women love to wear it too Wink

Yeah, if it was associated with women, I certainly would prefer gold than bitcoin. Because when we have gold we certainly could change gold to complement the beauty of which we have so far. But to get a very high increase then I prefer bitcoin: for the price of the bitcoin has no limits and it's very different with gold, gold is experiencing a rise in the less fun
i always prefer bitcoin because if the price of bitcoin increases it will be more better than having a gold bar, we can buy several gold bars like it and make variety of accessories we want.

Very precise, it is something that I liked in the bitcoin. For if we can wait then bitcoin will be much more profits than we wait for rising prices of gold bullion. but all the stuff (and gold bitcoin) surely there are positive and negative, depending on how on our circumstances at the time of doing so. Everyone must have their own reasons, bitcoin and gold already has its own position
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August 04, 2016, 11:03:15 AM
 #71


i think both of them are valuable at thier own place .
if anyone will ask me to choose both of them then i will choose bitcoin .
because there is no government rule at bitcoins . but in case of gold bar there is problem of tax and risk to nad quality gold .
but in case of bitcoin there is no fault . so i think bitcoin is a best option for investment of money .
since gold has own opportunity of profit also , so i think some person will to choose gold instead of bitcoins .
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August 04, 2016, 11:14:31 AM
 #72

actully its not. bitcoin is more worth and its also portable also with milletry grade security. and gold is just gold till now if it is stolen then it is gone.i will choose bitcoin instel of gold bars

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August 04, 2016, 11:15:38 AM
 #73

Never put all in single asset. Split 50% betwen gold, silver, some stock. 30% in BTC 10% in BTC stock and other 10% in other cryptocurrencies.

this is good but i don't like it as a "fixed" percentage.

for example there are times that i would love the bitcoin market so i would choose to go even all in. example is yesterday. price went down to $500 and as you can see there is already near $70 profit on each coin. which means the more you have invested yesterday the more profit you have earned today.

also there are times the profit in altcoin markets is awesome but bitcoin is stable. like the whole last month when price of BTC was at $640+ but altcoins get pumped a lot.

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August 04, 2016, 12:48:51 PM
 #74

They're both worth exactly the same so I guess it depends if you planned on HODLING the bitcoins given to you. If you sold them it'd make no difference if you chose the gold bar or bitcoins assuming they were of the same value.

Bitcoin obviously has the potential to grow in value massively in the future but it'd make no difference which you chose if you cashed in soon.

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August 04, 2016, 12:55:03 PM
 #75

i will always choose bitcoin eyes closed.
especially these days because the bitcoin price is super low (of course it was even lower yesterday and that opportunity is long gone now). and bitcoin has the potential to grow a lot more these days. so accepting gold you will not have more money in a couple of months but 10BTC will worth a lot more in a couple of months for sure.

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August 04, 2016, 12:56:26 PM
 #76

I like the idea of owning some gold so now I am collecting a bit of gold when I can. I also like the liquidity of bitcoin but gold seems to have a more steady climb long term upwards, bitcoin is getting a bit too volatile again.

I hate that sense of it being so volatile and why put yourself under undue stress like that?
Love the stability of gold and it is actually a physical item(if you want it to be and not just trading it virtually) so you know it is yours and nothing will change that unless you lose it out of your own doing.
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August 04, 2016, 01:08:20 PM
 #77

I would pick bitcoin for now. Then, I will grow it If I make a profit out of it then I will buy the gold that is the same price from before you gave the money. Then I will still have left for me,.

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August 04, 2016, 01:18:51 PM
 #78

I would pick bitcoin for now. Then, I will grow it If I make a profit out of it then I will buy the gold that is the same price from before you gave the money. Then I will still have left for me,.

Maybe it is the best choice, but I hope you still choose bitcoin for profit. Bitcoin: for much more lucrative than gold while we wait for prices of both goods (bitcoin and gold) rise. I prefer the bitcoin and invested most of my money instead of using gold
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August 04, 2016, 01:42:46 PM
 #79

Bitcoins are best choice, because BTC you can invest somewhere. Gold bar you can only kept in your home, or exchange to fiat currency in the bank.  Wink
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August 04, 2016, 04:38:39 PM
 #80

I have no immediate need for money.
I will therefore go for Bitcoin.
Store it for a few years and I believe it would have appreciated more than gold.
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