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Author Topic: Bitcoin or gold?  (Read 984414 times)
Saigonsmokes
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March 29, 2014, 06:58:31 AM
 #121

Gold....crypto is gambling as nobody knows the future. Gold has a long history as being a form of 'money' and store of wealth.

I hold physical gold, silver as well as 10% of my wealth in BTC/LTC. Gold and Silver will surely increase in value in 15-20 years when I need it and Crypto could go to 0 or $100k a coin for all we know. Its a bet on new technology and public adoption.

Don't put anything into BTC that you wouldn't care to lose in a few years.
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overcoin
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March 29, 2014, 06:58:41 AM
 #122

I think a crypto backed by gold or silver would be a cool idea, But it would probably be hard to implement it, You would have to "Trust" someone with securely storing the physical gold and silver and the crypto would have to be redeemable so that anyone could request a withdraw of their physical gold and silver.

This is exactly what I'm proposing here: https://bitcointalk.org/index.php?topic=341889.0
berliston
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March 29, 2014, 08:59:58 AM
 #123

I choose both! No one knows what's gonna happen in future so you'd better to have everything in case on is gonna loose it's liquidity
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March 29, 2014, 09:04:10 AM
 #124

ALready in both!  Wink but Gold has long history so I think it is more safe to get gold if you should choose only one of them
JayRobo
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March 29, 2014, 09:22:36 AM
 #125

Bitcoin, duh!
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March 29, 2014, 10:59:04 AM
 #126

Both are good and i will prefer both.
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March 29, 2014, 11:32:51 AM
 #127

gold is not comparable with bitcoin there is a big difference between them. gold has a intrinsic value but bitcoin is based on nothing.and if somthing happen for its system it can be plunged sharply  
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March 29, 2014, 12:25:43 PM
 #128

Bitcoin must will be the gold,I have confidence in it

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AndBerg
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March 29, 2014, 05:52:04 PM
 #129

Both

Same
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March 29, 2014, 07:38:16 PM
 #130

Is NOT the same :d
skilo
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March 30, 2014, 02:13:38 AM
 #131

I got nothing against Bitcoin, But i have been buying gold and silver lately, I like metals they are shiny and very beautiful to look at, And also the fact that i can hold them in my hand is very comforting.

I like to be alone when i admire them and i often refer to one in particular as my "precious".
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March 30, 2014, 04:32:23 AM
 #132

I got nothing against Bitcoin, But i have been buying gold and silver lately, I like metals they are shiny and very beautiful to look at, And also the fact that i can hold them in my hand is very comforting.

I like to be alone when i admire them and i often refer to one in particular as my "precious".

That was hilarious, but it has a grain of truth for stackers Cool
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March 31, 2014, 03:02:27 PM
 #133

Now I can say BTC for sure ...
MikeMark
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March 31, 2014, 05:14:53 PM
 #134

The marketplace shows that this is an unrealistic question.

As has been said before, gold is the less risky choice. However, I didn't get where I am by always choosing the less risky choice. I also didn't get where I am by putting all my eggs in one basket. Momma always said only a fool does that.  Wink

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March 31, 2014, 06:32:03 PM
 #135

putting all your savings in either gold or in btc is not a good option,on the other way gold have established market you won't lose all in once but in btc invest only if you afford to lose its kind of gamble.
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March 31, 2014, 07:50:51 PM
 #136

Gold. It has been in use for so long that it is stable enough to bet on in the long run.
Lannister
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April 01, 2014, 06:59:02 AM
 #137

just diversified your portopolio
60% gold and 40% BTC is fine for me
gold price will skyrocketing when economic and policital situation not good

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April 01, 2014, 04:59:07 PM
 #138

Gold. It has been in use for so long that it is stable enough to bet on in the long run.

Gold is stable enough but you don't know what is going to be in next few years when billions bacterias in laboratories will produce gold price might drop a lot...
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April 01, 2014, 05:23:14 PM
 #139

...

I mentioned WAY upthread that BTC and gold are complementary, and this decision should not be either BTC or gold, but both!

I would further add that diversification into other precious metals (Pt, Ag and Pd) might be a good idea for those inclined.  Pd has lots of interesting properties as a metal, and there are only two major producers (Russia and South Africa).  But, you can find Pd Maples if you look around.

Re diversification into other alt-coins, I suspect that might be a good idea if there are others which are well-designed.  But, I only hold BTC.  I should find a thread discussing OTHER alt-coins for us poor newbs...!
AndBerg
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April 02, 2014, 08:20:57 AM
 #140

Send gold from China to USA this takes a lot of time.
Bitcoin some minutes.
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