kekky (OP)
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April 26, 2014, 06:56:31 PM |
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If given a choice to walk away with either Bitcoin or gold of equivalent value, what would you pick? Asians and Westerners were asked in Taipei in Chinese and English if they would take Bitcoin or gold home with them that day, and the answer might surprise you... http://www.youtube.com/watch?v=m6GiC8dqN9AWe just shot a video outside the Taipei 101 skyscraper area here and gave people a chance to answer if they would walk away with either Bitcoin or gold- and why. If you were approached and were offered the same deal, would you walk away with Bitcoin or gold in your pocket, and why??? |
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roslinpl
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April 26, 2014, 07:45:25 PM |
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If given a choice to walk away with either Bitcoin or gold of equivalent value, what would you pick? Asians and Westerners were asked in Taipei in Chinese and English if they would take Bitcoin or gold home with them that day, and the answer might surprise you... http://www.youtube.com/watch?v=m6GiC8dqN9AWe just shot a video outside the Taipei 101 skyscraper area here and gave people a chance to answer if they would walk away with either Bitcoin or gold- and why. If you were approached and were offered the same deal, would you walk away with Bitcoin or gold in your pocket, and why??? Hi. This topic was mentioned many times. Bitcoin vs Gold ... Bitcoin is not a gold. Gold is not a Bitcoin.  You cannot but gold and BTC into same basket. Those are totally different things. |
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STT
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April 26, 2014, 08:09:52 PM |
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I'd say they are both currency proxies. Its a legitimate comparison. Tell me why are you buying gold especially if you are neither a jeweller or wanting to wear it personally. Same criticism gets handed to BTC, what the heck is all this bother about a useless hash code. Both are highly valued but valueless, useless even products. Also there is some gold on the usb key and on the motherboard I think  Im jealous of those Chinese language skills, I'd argue thats the most valuable product in the video |
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rpg
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April 26, 2014, 08:59:49 PM |
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If given a choice to walk away with either Bitcoin or gold of equivalent value, what would you pick? Asians and Westerners were asked in Taipei in Chinese and English if they would take Bitcoin or gold home with them that day, and the answer might surprise you... http://www.youtube.com/watch?v=m6GiC8dqN9AWe just shot a video outside the Taipei 101 skyscraper area here and gave people a chance to answer if they would walk away with either Bitcoin or gold- and why. If you were approached and were offered the same deal, would you walk away with Bitcoin or gold in your pocket, and why??? with so much fake gold out there, I would walk away with bitcoins. Chances are the gold was tungsten filled |
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OROBTC
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April 27, 2014, 04:59:00 AM |
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... @ rpg There is NOT really all that much tungsten filled gold out there. Especially in coins. Tungsten has the highest melting point of all elements and is also very hard, ref: http://en.wikipedia.org/wiki/TungstenThe hardness and high melting point of tungsten make it unprofitable, for now anyway, for even the Chinese to make counterfeit gold. They have made fake US$5.00 gold pieces (out of gold) as "numismatic" pieces (fake dates & mint-marks, which they would hope to sell for 10 times as much because it is a "rare coin"). IMO it will be years before we have to worry about counterfeit Gold Eagles. Counterfeiting Gold Eagles would invite a Secret Service investigation (Eagles are Legal Tender), not that our Secret Service is, erm, aggressive about going after foreign counterfeiters (eg, N. Korea and their fake $100 bills). But, the time will be coming soon that gold bars will be counterfeited more. There is a YouTube video out there where an employee of Heraeus (Germany) caught a 500 gm gold bar salted with tungsten. |
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roslinpl
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April 27, 2014, 10:56:02 AM |
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Indeed ... cloned threads just responds are different  |
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impresionesmline
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April 27, 2014, 11:43:56 AM
Last edit: April 28, 2014, 01:37:37 AM by impresionesmline |
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Depending on the type of investment, If you want something stable then your choice generally would be to choose gold, but if you can tolerate or want a huge volatibility in the price of the wealth then you will choose bitcoin.
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KaChingCoinDev
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April 27, 2014, 11:52:44 AM |
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Depending on the type of investment, If you want something stable then your choice generally would be to choose gold, but if you can tolerate or want a huge volatibility in the of the wealth price then you will choose bitcoin.
I agree |
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STT
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April 27, 2014, 02:54:12 PM |
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Theres another trick to gold or any valuable sale. You sell someone cheap gold and its real but you have a partner round the corner ready to mug this person with their new gold in their pocket. You'd have seen that tactic in braveheart if you remember that film.
On the other hand, bitcoin you can instantly transfer elsewhere and any risk is not personal to yourself. I do believe most people are more comfortable with the physical object in their hand though
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CryptoClassroom
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April 28, 2014, 05:07:43 PM |
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I actually wrote an article on this a while back. Overall, I think both options would be great long term investments for different reasons. Both have their risks and benefits over the other, but both are also likely to rise in value over time. If you're interested, here is a link to the article. |
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knightcoin
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April 28, 2014, 07:51:54 PM |
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 ^^^^^^^^ I would like to have one of those, not plated but solid  ps-> and IF the coins on the bar came from a nicely signed block ...  |
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PhoneBloks
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April 28, 2014, 09:16:47 PM |
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Gold has more than 5000 years reputation of value holder Bitcoin has been born 5 years ago. Gold owner has problem sell gold immediately. Btc can be sold in a minutes. Gold cant be falsificated Btc can be stolen from your wallet easily Gold is not easily dividable Btc can be dividable into satoshi .. ... There are plenty of pros and cons .... everyone has differnet opinion. Depends on what you personaly want and what suits you better  Decide wisely |
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durrrr
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April 28, 2014, 09:26:20 PM |
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i think that in this day in age and the way bitcoin is going. i would rather have bitcoin. i think with how technology is advancing theres a good chance 1 btc = 1oz of gold soon enough
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lyth0s
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April 29, 2014, 04:34:08 AM |
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Bitcoin, it is the currency of the future. Who would actually want to make purchases in gold dust and/or bars in this digital world of ours? I'm also not a fan of carrying around a gold dust bag or gold bars in my pockets either....
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igepott
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April 29, 2014, 06:53:41 AM |
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VC investments in bitcoin-related firms rose in the millions to date , I pick Bitcoin everytime.
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DeboraMeeks
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May 01, 2014, 02:15:28 PM |
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At the moment gold, bitcoin isnt too strong for now.
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deisik
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May 01, 2014, 04:28:04 PM |
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At the moment gold, bitcoin isnt too strong for now.
Gold presently sells near its average cost of production, how can it be stronger than bitcoin right now?  |
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knightcoin
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May 01, 2014, 04:42:21 PM |
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in the meanwhile ...  |
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frobley
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May 01, 2014, 07:39:21 PM |
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Gold has more than 5000 years reputation of value holder Bitcoin has been born 5 years ago. Gold owner has problem sell gold immediately. Btc can be sold in a minutes. Gold cant be falsificated Btc can be stolen from your wallet easily Gold is not easily dividable Btc can be dividable into satoshi .. ... There are plenty of pros and cons .... everyone has differnet opinion. Depends on what you personaly want and what suits you better Decide wisely I'll agree that there are pros and cons - these differ for individuals. I can take some gold (or silver) for a 10 minute walk and get (a restricted amount of) immediate cash. It took 6 days for $ to show up as cleared funds when I sold btc via exchange. My btc will not be 'stolen', but I'm not so sure about my gold. Silver was introduced because gold is not easily divisible. |
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