Bitcoin or gold?

[Mickeyb]

ofcourse i chose gold

why ?
because bitcoin will bankrupt / smthing

and gold u can keep it until u die xD

This is what I like about it. It is a physical object you can keep safe for a rainy day when times are tough, you know it will hold some of it's value for a long time.

Well I would not completely underestimate bitcoin if I was you guys. Keep your gold, but also don't forget to keep a small part of that gold in Bitcoin as well.

Keeping the gold was always a good thing, and has it's own value that doesnt change too much like bitcoin

Yes I agree, gold was always a safe haven and it is stable. I am arguing that gold iy currently going down and will keep going down in foreseeable future.

Gold works in cycles, long cycles of few years of up and than down, depending on marke circumstances of course. If you are a trader, you might wann take advantage of these cycles, that's all I am saying.

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[bryant.coleman]

Yes, silver is volatile overall, but now it seems that it hit bottom (unlike gold). Look at the current dynamics, gold is crashing down (and is likely to continue do so till September), but silver persists...

For me, it seems that silver will go down even further. In the past six months, silver has lost almost 20% of its value against the United States Dollar, and I am yet to see any signs of a stabilization in the exchange rates. And unlike gold, the supply of silver is not that limited. There is a lot of silver in the world, which can be recovered economically.

[Mr.jatt]

I'll choose Bitcoin as it's rate are much fluctuated in the past and I think of same for the future.

[BitTlatoani]

For me, it seems that silver will go down even further. In the past six months, silver has lost almost 20% of its value against the United States Dollar, and I am yet to see any signs of a stabilization in the exchange rates. And unlike gold, the supply of silver is not that limited. There is a lot of silver in the world, which can be recovered economically.

I beg to differ (in a big way).

I have researched this topic since 2005 and the world supply of silver above ground, is less than 1.5 billion ounces available for investment and industrial use. Try to compare that against the 5 billion ounces of gold in the world. What your post should have read like, should be: "There is a lot of PAPER silver in the world". Every year, the world production oscillates between 700 to 800 million ounces (with production winding down), of which 600+ million are used in all kinds of industries and the world hunger for industrial silver has begun to out-pace production. The us geological society conducted a study and it concludes that silver mines will run out of its ore in less than a decade (if new important discoveries are not made).

 

Now for the cost of production: I focused my research in the two most important producers of silver in the world; Mexico and Peru. For the last two years, minors have been working at below cost of production (19 - 24 usd X ounce) . Several mines have closed and only the bigger ones have been able to keep their neck above the watter, but only by mining their top grade silver deposits (the purest and easiest to mine.) There is a severe penalty for this in the not so long run. And as of 2015 the Mexican mint has been rationing the Silver Libertads, just as the US mint has runned out of silver eagles just this month and it already announced that it will not make more coins until more silver can be procured.


You see, the problem is that we have no more markets, just manipulations.

[bryant.coleman]

I beg to differ (in a big way).

I have researched this topic since 2005 and the world supply of silver above ground, is less than 1.5 billion ounces available for investment and industrial use. Try to compare that against the 5 billion ounces of gold in the world.

I don't know from where did you got those figures. According to the United States Geological Survey, some 70,000 tonnes of recoverable gold remains on the surface of earth, which can be mined economically. That equals to 2.25 billion ounces.

And as far as silver is considered, some 0.7 billion ounces of it are mined every year, and the supplies are likely to remain stable for at least the next two decades. Most of the silver is used for industrial purposes, and only 35% of all the Ag mined is derived from purely silver mines (rest is the by-product of gold, copper, zinc, and lead mining).

[wearepoor]

I'll choose Bitcoin as it's rate are much fluctuated in the past and I think of same for the future.

At present it is very difficult to judge that which product would be profitable in the future, but yes both of them have bright prospects and would give us good return on investments for sure. As a investment we think of say next 15 to 20 years and it would be at a different level at that period of time.

[BTCevo]

I'll choose Bitcoin as it's rate are much fluctuated in the past and I think of same for the future.

I dont think the future will be the same if there is a mass adoption of bitcoin. For now may be fluctuated is a need to increase the adoption of bitcoin let people keep on gaining and losing some coin. What I think in the future bitcoin will have a really stable price

I'll choose Bitcoin as it's rate are much fluctuated in the past and I think of same for the future.

At present it is very difficult to judge that which product would be profitable in the future, but yes both of them have bright prospects and would give us good return on investments for sure. As a investment we think of say next 15 to 20 years and it would be at a different level at that period of time.

Some people invest in gold because they didnt believe what bitcoin is. And how the process of earning in bitcoin, with all of these things still hanging around their mind bitcoin will never have a chance to improve. Hope bitcoin will be a great in a future

[zenitzz]

Gold has always been used as legal tender since it was first discovered in ancient times, of course i'm pick gold for investment.

[BitTlatoani]

I don't know from where did you got those figures. According to the United States Geological Survey, some 70,000 tonnes of recoverable gold remains on the surface of earth, which can be mined economically. That equals to 2.25 billion ounces.

And as far as silver is considered, some 0.7 billion ounces of it are mined every year, and the supplies are likely to remain stable for at least the next two decades. Most of the silver is used for industrial purposes, and only 35% of all the Ag mined is derived from purely silver mines (rest is the by-product of gold, copper, zinc, and lead mining).

Got the row data straight from Mexican and Peruvian governments, it then was processed by the UNAM (Autonomus Univeristy of Mexico) and La Universidad de Lima. We can not help
but notice the great contrast between our research and the one published by the mainstream anlgo american markets. We also concluded that the COMEX is extended at least 48 to 1 (48 ounces of paper to 1 of real silver). 

Anyway, just research the shortage of silver deliveries on the internet, they are not hard to find.

[RealBitcoin]

Gold has always been used as legal tender since it was first discovered in ancient times, of course i'm pick gold for investment.

Actually it was not, back in the imperial ages of ancient times, they were only allowed to use the special minted coins issued by the kings, and no other forms of coins.

I heard stories that people were forbidden for example to use the enemy county's gold coins, even though they were both gold, just for political reasons.

[Xenoph0bia]

Gold has always been used as legal tender since it was first discovered in ancient times, of course i'm pick gold for investment.

I put my money on gold too, As the gold is more trustworthy as compared to bitcoins, bitcoin is far much volatile then gold and that makes people to rethink to invest in bitcoin or not, and they choose gold as it has been used since decades and even more.

[lorylore]

Gold has always been used as legal tender since it was first discovered in ancient times, of course i'm pick gold for investment.

I put my money on gold too, As the gold is more trustworthy as compared to bitcoins, bitcoin is far much volatile then gold and that makes people to rethink to invest in bitcoin or not, and they choose gold as it has been used since decades and even more.

The gold has been everytime that i heard people the gold was very trust and very valuable to people than the bitcoin to the people who use it

[jaydipmodhwadia]

I would say half btc half gold.

[jt byte]

I would say half btc half gold.

Well i would say investing 80/20
80% investing in bitcoin, as it is more dynamic cryptocurrency and 20% gold or none.
Because the gold price is dropping dramatically.

[GreenStox]

I would say half btc half gold.

Well i would say investing 80/20
80% investing in bitcoin, as it is more dynamic cryptocurrency and 20% gold or none.
Because the gold price is dropping dramatically.

Ah i would just go with 60% gold an 40% bitcoin. Gold can to to 6000$ easily, but bitcoin can go to 100,000$ easily, so bitcoin is a better investment, yet you wanna hold some gold too just for safety.

Bitcoin is a bit volatile.

[jt byte]

I would say half btc half gold.

Well i would say investing 80/20
80% investing in bitcoin, as it is more dynamic cryptocurrency and 20% gold or none.
Because the gold price is dropping dramatically.

Ah i would just go with 60% gold an 40% bitcoin. Gold can to to 6000$ easily, but bitcoin can go to 100,000$ easily, so bitcoin is a better investment, yet you wanna hold some gold too just for safety.

Bitcoin is a bit volatile.

I would go with gold too, as it more trusted than bitcoin.
Bitcoin cannot reach 100,000$ easily, lol that is huge.
But gold can go up easily

[Amph]

I would say half btc half gold.

Well i would say investing 80/20
80% investing in bitcoin, as it is more dynamic cryptocurrency and 20% gold or none.
Because the gold price is dropping dramatically.

Ah i would just go with 60% gold an 40% bitcoin. Gold can to to 6000$ easily, but bitcoin can go to 100,000$ easily, so bitcoin is a better investment, yet you wanna hold some gold too just for safety.

Bitcoin is a bit volatile.

usually it is high % in a safe investments and low in a risk one like bitcoin,

but since i don't find bitcoin so risky, i would go with a high % for bitcoin, at least 66% and less in gold or silver or soemthing else, why is everyone thinking only about gold as an alternative investment is beyond me..

[smith coins]

I would say half btc half gold.

Well i would say investing 80/20
80% investing in bitcoin, as it is more dynamic cryptocurrency and 20% gold or none.
Because the gold price is dropping dramatically.

Ah i would just go with 60% gold an 40% bitcoin. Gold can to to 6000$ easily, but bitcoin can go to 100,000$ easily, so bitcoin is a better investment, yet you wanna hold some gold too just for safety.

Bitcoin is a bit volatile.

usually it is high % in a safe investments and low in a risk one like bitcoin,

but since i don't find bitcoin so risky, i would go with a high % for bitcoin, at least 66% and less in gold or silver or soemthing else, why is everyone thinking only about gold as an alternative investment is beyond me..

Guys what about 100% or gold or bitcoin, so we will know or we will lose or we will win enough.
Investing in physical gold is better

[ralle14]

why not try 50 - 50 for each

[smith coins]

why not try 50 - 50 for each

If at least one of them the price of it will fall then we are for sure losing some money.
So i think or all or nothing?