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Author Topic: 1BTC or 1oz of Gold. Which one would you take?  (Read 5848 times)
inoob (OP)
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March 01, 2014, 10:21:38 PM
 #1

If you had a choice between 1BTC or 1oz of Gold, which one would you choose?

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Meuh6879
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March 01, 2014, 10:23:20 PM
 #2

BTC.

I can buy something with it.

BitcoinQTlol
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March 01, 2014, 10:23:34 PM
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Well... since 1 ounce of gold is currently trading for more than 1 bitcoin, I would take the gold and then trade it for more than 1 bitcoin.

Kind of a no brainer...

r u a wizard?
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March 01, 2014, 10:27:18 PM
 #4

If you had a choice between 1BTC or 1oz of Gold, which one would you choose?



I would take the ounce of gold and then trade it for 2.32 BTC

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
HorseCoin
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March 02, 2014, 05:01:55 PM
 #5

i would take the BTC.  cause gold can technically be fool's gold
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March 02, 2014, 05:10:39 PM
 #6

i would take the BTC.  cause gold can technically be fool's gold
Au != FeS2
panda9228
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March 02, 2014, 05:23:14 PM
 #7

If you're going to ask this question, you might as well propose it in a form which is worth discussing:

"If you could accept 1 BTC or 1 oz of gold - but you can't sell or do anything with it for 5 years - which would you take?"
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March 02, 2014, 05:26:11 PM
 #8

i would take the BTC.  cause gold can technically be fool's gold
Au != FeS2

yeah but are you gonna do scientific tests, and inform eBay of fraud when they send the FeS2 instead of the Au.  at least a Bitcoin is a Bitcoin    Grin
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March 02, 2014, 08:01:27 PM
 #9

1 BTC or 1/2oz of Gold. Then I'd directly go for BTC.

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March 02, 2014, 08:11:17 PM
Last edit: March 03, 2014, 11:02:43 AM by abacus
 #10

If you're going to ask this question, you might as well propose it in a form which is worth discussing:

"If you could accept 1 BTC or 1 oz of gold - but you can't sell or do anything with it for 5 years - which would you take?"

If (and only if) the question is proposed in these terms, I could prefer 1 BTC, even if now it worth less than 1/2 oz of gold.

It's just about its potential: I think it is improbable that 1 oz of gold could change someone's life in 5 years, while there are at least some chance that BTC will (edit: continue to) raise its value in an exponential way.
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March 02, 2014, 08:27:38 PM
 #11

i would take the gold, sell it, and buy 2.5 btc

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March 02, 2014, 08:37:54 PM
 #12

i would take the BTC.  cause gold can technically be fool's gold
Au != FeS2

yeah but are you gonna do scientific tests, and inform eBay of fraud when they send the FeS2 instead of the Au.  at least a Bitcoin is a Bitcoin    Grin
Painted steel is easier to fake as gold than pyrite  Cheesy
niktitan132
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March 02, 2014, 08:39:18 PM
 #13

I would take BTC and HODL for 5 years.  Cool
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March 02, 2014, 08:41:43 PM
 #14

I would take BTC and HODL for 5 years.  Cool

i'd hold for 8 years
don't u wanna witness the fanatical runup to $10,000,000 a coin??
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March 02, 2014, 08:58:59 PM
 #15

Spot gold: 1329.
BTC/XBT : 547.

There 'used' to be more truth in forums than anywhere else.  Twitter:  @cryptobitchicks  Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?"  INTJ-A
lnternet
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March 02, 2014, 09:08:33 PM
 #16

If I had a choice of doing what exactly?


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niktitan132
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March 02, 2014, 09:11:01 PM
 #17

I would take BTC and HODL for 5 years.  Cool

i'd hold for 8 years
don't u wanna witness the fanatical runup to $10,000,000 a coin??

Ok,i will then hodl for 8 years Tongue
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March 03, 2014, 05:51:20 PM
 #18

bitcoin. I dont like gold

http://www.bitcoin-gr.org
4411 804B 0181 F444 ADBD 01D4 0664 00E4 37E7 228E
Bonio
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March 03, 2014, 06:42:16 PM
 #19

Gold, women are attracted to it, apparently. Roll Eyes

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March 03, 2014, 07:19:34 PM
 #20

Obviously the OP has no idea what he's talking about regarding BTC.
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