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tinus42
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March 23, 2014, 03:17:29 PM |
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With its present market cap and trade volume, BTC isn't even a mosquito on the windscreen of behemoths like Western Union, JPM, Deutsche, Barclays, GS and the likes.
Yes, that is why Wells Fargo and Goldman Sachs completely ignore Bitcoin instead of publishing papers on it.  It's not like in the late '70s when huge companies like Digital Equipment, IBM and Xerox laughed at the personal computer guys and let them steal their thunder (and in the case of Xerox their research in graphic interfaces). Big corps now are fully aware of the disruptive possibility of startups. Hence why a lot of money gets poured in them. Don't underestimate them. Even though they move slowly when the get in full motion you want to get out of the way or be crushed underneath them. |
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If you want to be a moderator, report many posts with accuracy. You will be noticed.
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redwhite037
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March 24, 2014, 07:01:55 PM |
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bitcoin now, then trade it for gold when btc=$10k
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gondel
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Activity: 1946
Merit: 1005
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March 25, 2014, 09:59:25 PM |
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Not sure if itwill be gold...imagine if they discover tomorrow a giant mine with gold which will be more then all the oil in the world or slat water and what will happen with the priceof gold then...  BR, Gondel |
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roslinpl
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March 25, 2014, 10:11:40 PM |
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This discussion may be forwarded forever But we wont never find a 'right' answer. Maybe we should make some bets? what will be +% for gold and for BTC in next 5 years ? I would say bitcoin +1000% gold +150% |
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keithers
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This is the land of wolves now & you're not a wolf
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March 25, 2014, 11:02:22 PM |
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This discussion may be forwarded forever But we wont never find a 'right' answer. Maybe we should make some bets? what will be +% for gold and for BTC in next 5 years ? I would say bitcoin +1000% gold +150% Bitcoin definitely has more upside potential, but gold over the long term will almost guarantee appreciation... |
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naRky
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Bitcoin is the future...
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March 25, 2014, 11:29:04 PM |
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Bitcoin, absolutely. Bitcoin will be the next payment system and will rise much more. Gold as payment system is old school idea but its important for industry.
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lucasbols
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March 26, 2014, 12:12:57 AM |
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Gold is born.  |
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roslinpl
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March 26, 2014, 12:19:47 AM |
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Gold is born. ? What do you mean? Gold was born and it is not dying for now. Bitcoin was born and it is growing! |
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lnternet
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March 26, 2014, 12:52:12 AM |
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Why does everyone keep posting about the NSA taking over bitcoin. Am i missing something? There is NO WAY that one could achieve 51% of the mining rate. It would be absurd and overall and not cost effective as they would continually have to reinvest in equipment to maintain their mining rate.
The hash rate is double about every 50 days currently. So 50% of current hashing were added in the past 50 days. I think a 51+% attack is super easy if you have the necessary determination and funds. |
1ntemetqbXokPSSkuHH4iuAJRTQMP6uJ9
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dbgirl
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March 27, 2014, 01:43:38 AM |
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One day, bitcoin could grow 1000x or it could crash to zero, not the case with gold. Long-term, gold would have a more stable value, but bitcoin would have a far better upside potential. Greater risk, greater reward. I choose Bitcoin.
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top10merchant
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March 27, 2014, 01:53:20 AM |
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I think both are same but bitcoin has fast act. just see chart of gold/usd in 1970-1990 , that's not same with bitcoin in last year? yes, bitcoin algorithm is based on gold history price, bitcoin price will stand on 500-1000 in next years (1 year at least), but after that we have a great jump. |
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K128kevin
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March 27, 2014, 02:32:31 AM |
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I think if I had to put all my money in one of them for 10 years it would be gold. There is basically zero risk putting it into gold since gold has intrinsic value and always will. Bitcoin has no intrinsic value and could become worth gazillions in 10 years or it could be worth 0 (I'm willing to bet it will be one of those two). I am not adventurous enough to take that risk lol...
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sbabe
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March 27, 2014, 07:41:21 AM |
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Gold and silver is best investment. Bitcoin price will crash or rise like bubble. If you want safe investment then put t on gold or real estate. They will never loose its value.
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BitOnyx
Member
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Cryptocurrencies Exchange
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March 27, 2014, 07:54:49 AM |
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Gold price went down again.
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reckoner
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March 28, 2014, 11:04:04 PM |
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for all of it i would have to choose gold.
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FalconFly
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Sentinel
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March 28, 2014, 11:15:40 PM
Last edit: March 29, 2014, 12:40:04 AM by FalconFly |
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Posted originally in another thread but also fits here : An image speaks more than a thousand words they say...  (also goes to prove that they can all co-exist without problems, sometimes and is better than either or ) |
This forum signature is like its owner - it can't be bought
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roslinpl
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March 28, 2014, 11:37:27 PM |
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Posted originally in another thread but also fits here : An image speaks more than a thousand words they say... (also goes to proof that they can all co-exist without problems, sometimes and is better than either or ) Very cool! I choose 1st pos.! Nicely done better than mine (you can see it at 3rd or 4th page  ) |
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knightcoin
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Merit: 100
Stand on the shoulders of giants
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March 28, 2014, 11:51:08 PM |
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roslinpl
Legendary
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March 29, 2014, 12:02:18 AM |
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Oooomg Brainwallet indeed Have to get one too! |
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overcoin
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March 29, 2014, 06:52:04 AM |
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Bitcoin is better than gold, as long as the NSA doesn't bring a few gazillionhashes/sec with an ASIC farm they own to gain 51% the network. All it'd take for the NSA is a ~50-100mn USD equipment contract with some ASIC manufacturer (which is peanuts for their standards).
Same thoughts here. |
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