Which will do better in this Economic Crisis ??? BITCOIN or GOLD ???

[verita1]

I should choose the two assets as well because I live in a country that exploits gold deposits. I am not happy with his administration but in times of crisis we must have a positive outlook on the future. And we need to work hard because hard times are coming.

[yayayo]

The only security you have is with gold. With Bitcoins you can get rich quickly, but also get poor quickly. The price of gold has changed, but not as significantly as with Bitcoin. Bitcoin price is a pure roller coaster. Gold is a roller coaster of a fairground ride. If you want to invest without risk, I would go for gold.

ya.ya.yo!

[pixie85]

You'll never get reliable results with a poll like that run on a Bitcoin forum. You wouldn't also get it to work if you asked gold bugs.

The votes are as expected favouring Bitcoin. I also chose Bitcoin because i'm here, investing in Bitcoin  not on a gold forum looking for advice from those people.

[HardFacts]

Aaaaayyyy apparently schiffgold is in stock. Enjoy your gold! Tell Peter Schiff I sent you! You're welcome!

Are you not able to understand grade school level English   There is a very long shipping delay, because they are busy, and are waiting for more Gold from their distributors.   You did not read very far on that page you listed:

"  However, we are one of the few companies that can pre-order and lock-in prices.  "

The situation is EXACTLY as I said, you can not get gold NOW, the major dealers do not have any....  Sure you can put an order in for future delivery, it will eventually arrive when they get more stock.

You are kind of slow, I do not think I would ever listen to you for anything    

Hard Facts

[yayayo]

There are even online shops who sell their Gold bars and you can pay with.. Bitcoin

ya.ya.yo!

[gundala]

Do we have to choose one? Though bitcoin and gold both have advantages and disadvantages. It's not fair to just look at the bad side of bitcoin and believe in "rumors" about it, while looking at the comparison from the good side to gold. IMO, by combining the two will get a chance to get a good profit.

[Leonardo7]

Gold has long been here as old as man. Bitcoin is still young with so many oppositions. Bitcoin gives better and quicker returns than Gold, this is seen from the current pandemic dealing with the economy of the world.

[Kelvinid]

Do we have to choose one? Though bitcoin and gold both have advantages and disadvantages. It's not fair to just look at the bad side of bitcoin and believe in "rumors" about it, while looking at the comparison from the good side to gold.

There is no way to compare them because they are actually different in position. We can't buy stuff with gold but Bitcoin can do. For this stance, Bitcoin seems to be fit during the crisis. Bitcoin is a package, an investment, a currency...well, that is should have to be.

IMO, by combining the two will get a chance to get a good profit.

Yeah, both are good for investment and the advantage of gold is it never drops hard, unlike Bitcoin. But if we are looking for a profitable investment this time, I believe Bitcoin will make it because of the chances that the price will move high as the demand will increase.

[mk4]

Are you not able to understand grade school level English   There is a very long shipping delay, because they are busy, and are waiting for more Gold from their distributors.   You did not read very far on that page you listed:

"  However, we are one of the few companies that can pre-order and lock-in prices.  "

The situation is EXACTLY as I said, you can not get gold NOW, the major dealers do not have any....  Sure you can put an order in for future delivery, it will eventually arrive when they get more stock.

You are kind of slow, I do not think I would ever listen to you for anything    

Hard Facts

There's a HUGE difference between "no one is selling" and shipping delays my man. At some point you gotta stop making a fool of yourself but whatever you do you, feel free to continue to push your ideology. Have a great day!

[HardFacts]

There are even online shops who sell their Gold bars and you can pay with.. Bitcoin

ya.ya.yo!

Yes you can pay with BitCoin, they are dong you guys a HUGE FAVOR by letting you get rid of your BitCoin and get some GOLD 

What they are doing is accepting your BitCoin, instantly changing it to US Dollars, so in reality they are receiving US Dollars for their gold.  They just made it quick and easy for you to get rid of that BitCoin. 

TAKE ADVANTAGE OF IT 

Hard Facts

[sujon5]

I don't like comparing cryptocurrencies with precious metals, they are extremely different types of assets. And moreover, gold has already faced the global economic crises, while Bitcoin doesn't have such experience. So just let the time show us which one asset will be more "successful".

[mk4]

The gold dealers do NOT, NOT, NOT have any gold to ship, that is a SHORTAGE, not a shipping delay...  Again, you are unable to comprehend grade school English. Learn the difference.

You're the one not comprehending grade school english. it literally says there's a shipping delay, not a shortage. You're just making assumptions not stating hArD fAcTs.

No matter how you try to spin it, it is Exactly as I said, you can not get Gold from a major dealer right now..  People have to be reading your DISHONEST and DECEPTIVE posts and shaking their heads.    What kind of total loser has to LIE to try to make a point

Taking a look at the replies of all the topics you've made, I don't think I'm the one they're shaking their heads at.  

[KrisAlex18]

I'm still on favor of bitcoin even though it has been affected by the virus, the bitcoin goes down so deep when the pandemic virus exists, still bitcoin is the safe haven for me because there are so many times bitcoin experiened this things but look bitcoin is still alive, way back before bitcoin goes down for about 1,700$ but still getting recovered from losing.
So for sure bitcoin will be recovered from this, if you have so long experience from crypto world, I knoe that you are one of us who still believe on bitcoin than gold.

[Anonylz]

Both are great investment, one brings faster returns than the other, so is the risk involved, but from the way things are going generally and the future uncertainties, I would invest in both, 50-50, after all, it is not good to lay our eggs in one basket, with Gold your investment is safe, btc brings with it adrenaline  
This way, anyone that performs well I still won't miss out on it.

[madhavsinghrajput]

THE QUESTION IS:   Is anyone here starting to figure things out yet ?  Or has reality not hit you had enough yet   Which will go up more from today:  GOLD or BITCOIN

I don't think gold should be compare with anyone be it bitcoin or stock market.As these are two are different things and people buy them with different mentality.Mass selling you see in bitcoin or even in stock market will not be seen in gold.Though people buy gold as an investment but it still comes in luxury product category and bitcoin or stocks are purely investment other than that they are of no use at least right now in my country.This massive rise and dips of prices in crisis situation are due to mass selling and low liquidity and these are common in bitcoin or stocks but people won't prefer to sell there gold over bitcoin due to its multidimensional use and trust factor.Soo these sort of comparisons are irrelevant and must be avoided.

[maxreish]

I both have gold and bitcoin but honestly, in times like this. I am cashing out some of my bitcoin in exchange to fiat money to sustain our financial needs to buy foods and other neccessities. But comparing those two, i have seen some news regarding gold when pandemic came;

The COVID-19 pandemic has made investors go crazy for gold so far this year.
Surging demand for the yellow metal has sent prices for gold higher, bucking the trend of the broader financial markets which have tanked in recent weeks.

Also, it increases 2% again last week Possible that this gold will to combat economic issue with corona virus.

[elitium.io]

During periods of global economic crises, the national money of states depreciated, and gold grew in value. Cryptocurrency was also created after the last economic crisis as a financial asset that would not be subject to inflation. In this regard, gold and cryptocurrency should work as a refuge from inflation. Which of them will be more successful, time will tell.

Yes I agree, only time will tell.

I think the good news is that general traction for crypto increases, since people are looking to diversify their portfolio and there are no "secure investments" at the moment. Many smaller coins will get in trouble if they don't have the right internal structure or business case behind their currency, for BTC itself it will be positive mid term I believe.

We are still only in the beginnings and we all know how much potential is left, also if you consider that 80% of the central banks are working on creating their own cryptocurrency according to https://cryptopotato.com/80-of-central-banks-are-working-on-launching-their-own-cryptocurrency-bis-report-says/, this is a very bullish sign in the long run.

Let's see when and how this is going to turn out

[BlackFor3st]

FACT:   BitCoin grew up in an Economic Bubble, we are now in an ECONOMIC CRISIS that is just getting started and will last for MANY YEARS after the COVID-19 virus is cured.    BitCoins 50 % CRASH at the start of the economic crisis should worry everyone as we now know how BitCoin reacted to its first real crisis.

FACT:   Gold has gone up in value in response to the crisis, and it is virtually IMPOSSIBLE to buy gold actual gold coins now, everyone wants gold, but no one is selling.  This should clue in even the dumbest people as to where the real price is going.

NO ONE here would have predicted these facts just a few months ago.  If I had posted this in January, most people here would have been ridiculing and denying the above facts, and telling everyone to just ignore it as FUD.

THE QUESTION IS:   Is anyone here starting to figure things out yet ?  Or has reality not hit you had enough yet    Which will go up more from today:  GOLD or BITCOIN

Vote, and post your answer below.  Months pass quickly, we will look back and prove who is a wise investor, and who is a fool.

https://i.imgur.com/u6MUK2l.jpg

In my view, it is pretty obvious that bitcoin will do better in this time of crisis because no one can easily access gold in this crisis while anyone who have internet can easily access and use bitcoin in this crisis.

The latest dump were likely because of the effect of covid 19 where many countries imposes a lockdown therefore many holders were force to sell their assets just to survive the lockdown but even if the dump is there, we can still use bitcoin unlike gold that no one will likely to buy it now. And as the result of the poll, I saw that many are in favor to bitcoin compare to gold.

[arwin100]

Both are great investment, one brings faster returns than the other, so is the risk involved, but from the way things are going generally and the future uncertainties, I would invest in both, 50-50, after all, it is not good to lay our eggs in one basket, with Gold your investment is safe, btc brings with it adrenaline  
This way, anyone that performs well I still won't miss out on it.

If you can take the risk by bitcoins for now then maybe you are in good selection but if you are just hype by those theories or certainly bring by fudster then you are in wrong direction since by now the volatility of bitcoins is unpredictable sometimes it goes up and it goes down, might you will get crazy when 1 day you saw the price got drop badly since for now the economy is struggling and bitcoins is affected on it.

That's why for now I go for gold since this is the safest commodity where we can safely store our money since the price is in stable shape.

[FanatMonet]

Personally, I would rely on gold in times of crisis, and if it won’t bring much profit in a short time, but it’s an asset protection tool that has long been established. Bitcoin, however, can bring big profits, but also big losses, in case of an unfavorable outcome.