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Question: How would you choose to be paid $50K worth of value?
Bitcoin - 34 (87.2%)
Gold - 4 (10.3%)
Corvette - 1 (2.6%)
Total Voters: 39

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Author Topic: Would You Choose $50K Value Paid as Bitcoin, Gold or New Corvette  (Read 1944 times)
Coinster
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September 09, 2016, 03:23:50 PM
 #1

This is a fun poll to see what people value. If a game show offered a choice of $50K but paid as Bitcoin, Gold or a new Corvette which would you choose?

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September 09, 2016, 03:47:00 PM
 #2

Bitcoin
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September 09, 2016, 03:52:05 PM
 #3

I chose bitcoin because I can sell when the price rises and gain more than $50k Grin
I might decide to do some altcoin trading and earn even more! Cheesy

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September 09, 2016, 03:52:23 PM
 #4

bitcoin for sure.
not only because i am a BTCLovingDude but also that much money ($50K) is enough that i can even sell some of the bitcoin take a couple of thousand and enjoy the money and then buy some gold with bitcoin and diversify the money and also buy a decent car with some part of it and still be left with a big stash of bitcoin to hold for the future.


 
 
 
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September 09, 2016, 04:15:01 PM
 #5

Of course Bitcoin, because it's easier to spend rather than Gold or even a Corvette. And the other reason is because Bitcoin prices were more fluctuating than gold, well I know that a stable price is safer to store our money but a fluctuating prices will give us a higher profits.

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September 09, 2016, 04:18:09 PM
 #6

i chose covette without thinking and i regret  Undecided
i should have chosing bitcoin then wait few years then buy a new model of corvette and keep my $50K Value of Bitcoin  Wink

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September 09, 2016, 04:19:53 PM
 #7

...

Were $50,000 to drop into my lap I would buy a 1 kilo gold bar (for some $44,000):

https://www.providentmetals.com/catalogsearch/result/?q=1+kilo+gold+bar%2C+elemetal

or perhaps the Republic Metals 1 kg bar (comes with a cool-looking plastic card "linked" to the bar).  Take a look:

http://www.republicmetalscorp.com/rmc-1kg-au-bar/

That would leave $6000 or so for Bitcoin.
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September 09, 2016, 04:23:02 PM
 #8

Although I can't properly cast a vote yet, I would also choose bitcoin. First, because because of its liquidity. I can use it to buy things that aren't even listed in the prize choices. Secondly, Because of its potential to increase in value. Given that there will only ever be  21 million coins ever produced there is no choice but for it to grow in value as it reaches that end. Bitcoin may stumble and dip along the way, but as long as there are people who will trust it, there is internet, and something better doesn't come along, bitcoin will never die or stagnate. Doubly so being compared to fiat, which is created from nothing making it worth less and less.
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September 09, 2016, 04:27:03 PM
 #9

I certainly would choose bitcoin, because it is easier to convert it into a fiat. but the risk is great when bitcoin prices down, but maybe the price could go back to normal even though it takes time. but a great advantage if the price of bitcoin is increasing very fast.

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Mastsetad
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September 09, 2016, 04:30:29 PM
 #10

This is a fun poll to see what people value. If a game show offered a choice of $50K but paid as Bitcoin, Gold or a new Corvette which would you choose?

Well, bitcoin probably, i will take them and do some trading with it for a month or so and then will cash out a half of it and do what i need maybe i can buy gold with that amount too and a half i will keep online for trading or other purposes that can grow my bitcoins with the time.

By the way, there were already a thread like this where we were asked if we were given a chance to have some money in what we would like to take them either gold or bitcoin.
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September 09, 2016, 04:33:13 PM
 #11

Were $50,000 to drop into my lap I would buy a 1 kilo gold bar (for some $44,000):
https://www.providentmetals.com/catalogsearch/result/?q=1+kilo+gold+bar%2C+elemetal
or perhaps the Republic Metals 1 kg bar (comes with a cool-looking plastic card "linked" to the bar).  Take a look:
http://www.republicmetalscorp.com/rmc-1kg-au-bar/
That would leave $6000 or so for Bitcoin.

if we could choose multiple choices we would have all (or at least 90% of us) chosen bitcoin+gold for sure.
but OP is saying you can only choose one of these things so that $6000 leftover should also be in gold for you.

but i would choose bitcoin with my eyes closes as it has a lot mroe potential of growing and giving me more profit.


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September 09, 2016, 05:15:24 PM
 #12

I would choose bitcoin because it has the potential of rapid melting in my country in other words, minimal interest in the community gold very slow growth the price is not balanced with bitcoin, Bitcoin has been hailed as the new gold, Global monetary system in inflation
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September 09, 2016, 05:41:29 PM
 #13

Gold is too cumbersome and problematic to move, it's useless.
A Corvette is a liability, it will only make you send more in expenses and repairs.
Bitcoin will only go up long term.

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September 09, 2016, 05:44:14 PM
 #14

Bitcoin

Gold is at historically high prices and may not have a lot of room to grow. Corvettes are awesome, but will start depreciating the moment I drive off the lot.

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September 09, 2016, 05:47:34 PM
 #15

If I was offered 50 grand tax free I'd take cash but if the choice was between gold, bitcoin & a new corvette I'd take bitcoin.

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September 09, 2016, 05:48:17 PM
 #16

Haha. You're asking the bitcoin community. We're all biased when it comes to bitcoin. lol.
And..
I voted for bitcoin! (surprise! not) Why bitcoin? We all know alllllll the things we could do with bitcoin. I'd use about 30k worth to invest in casinos, 10k for trading, 5k for holding, 1k for gambling, and the remaining 4k will be sold for shopping and pocket money. ho ho  Shocked
  * Not gold coz I don't like my money sitting in a vault and gathering dust,instead of earning me more in investments.
  * Definitely not a corvette. Period. I'm gonna buy that when I have at least 30x the amount needed.


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September 09, 2016, 06:18:24 PM
 #17

Definitely bitcoin, though gold is a close second.  Don't need a third-rate, whitebread penis car.  I'll keep my bicycle,  thanks. 


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September 09, 2016, 06:44:34 PM
 #18

with bitcoin might be good and easy, but when you are converting to a fiat it will take a high fees.

but only 3 choices, so I chose bitcoin course.

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September 09, 2016, 07:07:25 PM
 #19

I think we can all guess which one is going to win this one on a bitcoin forum site, but yeah i would take the bitcoin, but thats not to say i would shun the gold either like.  you can take your corvette and stick it  Wink
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September 09, 2016, 07:11:04 PM
 #20

>> A new corvette will rust and devalue over time.

>> Gold would be very stable. Its price would increase in very small increments.

>> Bitcoin is very volatile. Its price $50k could drop by something like ~25%, you always know that it'll comeback to $50k. At the same time, the price of Bitcoin could increase by 200%, all within a year.

When it comes to investing (long term) based on its behavior, Bitcoin would always be the safest option for me. I know it'll drop. I know it'll come back. I know the supply and its value will skyrocket as more people/businesses demand more bitcoins for their fiat.

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