1BTC or 1oz of Gold. Which one would you take?

[mcleo]

I would take the ounce of gold.

[LeChatNoir]

I would take the BTC and tip it to Max Keiser the tramp!

[Raize]

Umm. I'd take the ounce of Gold right now. Assuming I don't have to pay price over spot or shipping or anything, I'd take the Gold for sure. It's a great hedge and it'd add to my current stash.

If you offered two BTC I would have to think a bit more about it. Right now though it's looking like 2 BTC is going to be surpassing one ounce of gold in value shortly.

[miketonic]

Well if you'd change the proposition so that their current values are equal, I'd go with BTC. I think gold is a great insurance, but BTC has potential to grow exponentially in value.

[neot]

Take the gold and buy ~2 BTC

[tampazeus]

Pretty weird question given both have very different value, I preffer the one with higher value.

[xyzxyzxyz]

If it were equal dollar amounts of gold or bitcoin, I would take the bitcoin as it has outperformed massively since the Russian takeover of the Crimea. Bitcoin is now the goto asset class in a crisis.

[bolverk]

The logical answer is which do you think is going to appreciate more quickly (in terms of market conversion rates) in the short term.  The gold market is heavily manipulated, which does mean that gold will appreciate dramatically when they manipulators run out of bullets, but, then, the BTC market is heavily influenced by mass market psychology.

In short, neither of these markets are currently trading based on technical fundamentals.  Personally, I'd consider gold to be the ultimate cold storage for BTC.  But if I think the markets are going to appreciate in the short term for BTC, ride it up.

[crinklecash]

what will both prices be at the end of the year? See: http://kidscoinz.wordpress.com/2014/01/23/bitcoins-vs-gold-race/

[bolverk]

what will both prices be at the end of the year? See: http://kidscoinz.wordpress.com/2014/01/23/bitcoins-vs-gold-race/

I'm not a big gambler, so I'll sit this one out.  Sounds like it'll be fun to watch.  Personally, if I were inclined to put down money I'd bet on gold, too.  I think both will appreciate this year, ultimately, but gold has less unknowns right now.  COMEX warehouses have been hammered, so they're running out of liquidity to perform more price suppression, and Bitcoin still needs more certainty in its legal status domestically and internationally.

Both are good long term bets, though.

[Boris-The-Blade]

Both and then i would bury em like treasure!

[stevegreer]

BTC.

I can buy something with it.

You can buy stuff with gold too.

[crazynoggin]

If I could sell it right away, 1 oz of gold because I would make more off of it. If longterm, I would take a BTC due to the possibility of the price increasing a lot more when the next wave of investors arrive.

[bitmall]

Is there an option to take both?

[Beliathon]

Too obviously bitcoin.

Bitcoin done in months what gold did in 40 years.

[ISAWHIM]

1BTC

[Bit_Happy]

Gold for certain

[smoothie]

1,000,000 oz of gold or 1,000,000 bitcoins?

This seems more interesting of a question.

[bolverk]

1,000,000 oz of gold or 1,000,000 bitcoins?

This seems more interesting of a question.

Germany might be asking that very question after only getting 40t of their gold from the US Fed in a year... 35t of which was somebody else's gold out of Paris...

[Parliament]

Gold, because my assets aren't diversified enough right now...