Bitcoin Forum
May 21, 2024, 02:50:05 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 ... 173 »
  Print  
Author Topic: Bitcoin or Gold? What would you pick?  (Read 298881 times)
Scream
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


U will never know the true answer, before you try


View Profile
October 21, 2015, 08:13:43 AM
 #1041

i will choose bitcoin, i can earn bitcoin with "cheap fee" also we can earning bitcoin with more way than gold
and don't forget about thchnology, bitcoin is very potential in future
favdesu
Legendary
*
Offline Offline

Activity: 1764
Merit: 1000



View Profile WWW
October 21, 2015, 08:24:11 AM
 #1042

I would not go for physical gold. rather an digital asset pegged to gold (bitshares bitgold).

winguard
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
October 21, 2015, 08:39:57 AM
 #1043

Given each has same value at the time plus my knowledge about crypto i say i would go for bitcoin. I can spend it right away buying goods or exchanged to fiat instantly.  Smiley
Snail2
Legendary
*
Offline Offline

Activity: 1512
Merit: 1000



View Profile
October 21, 2015, 08:50:09 AM
 #1044

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=m6GiC8dqN9A

We 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???

A mix of if bitcoin and gold would be the best. Gold is still a known and valued commodity everywhere in this world since ages (and it working without electricity and internet), bitcoin is an emerging stuff with great potential in the future.
wignyopalermo
Sr. Member
****
Offline Offline

Activity: 457
Merit: 250


View Profile
October 21, 2015, 10:15:08 AM
 #1045

i would choose gold, stable price

everyone wants to collect gold for the future

Gold is a real material
OrientA
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250



View Profile
October 21, 2015, 05:01:33 PM
 #1046

i would choose gold, stable price

everyone wants to collect gold for the future

Gold is a real material

The price of gold is more stable than bitcoin, however, you cannot use gold to buy goods or service easily. You have to convert the gold into fiat. However, there are many places accepting bitcoin.
bitmarket.net
Sr. Member
****
Offline Offline

Activity: 323
Merit: 250



View Profile WWW
October 21, 2015, 05:14:35 PM
 #1047

It has been observed over the last few years that the Asian investors buy gold when its price goes up, whereas the investors in the West buy gold when its price is falling.

Does anybody have any observation on the demand for bitcoin in the East and the West in relation to its price ?

BitMarket.net- Europe's most advanced cryptocurrency exchange
CasioK
Hero Member
*****
Offline Offline

Activity: 826
Merit: 1000


View Profile
October 21, 2015, 05:46:47 PM
 #1048

i would choose gold, stable price

everyone wants to collect gold for the future

Gold is a real material

The price of gold is more stable than bitcoin, however, you cannot use gold to buy goods or service easily. You have to convert the gold into fiat. However, there are many places accepting bitcoin.

Yes both investment purpose and usage purpose bitcoin out perform gold. Gold is the only traditional investment commodity whereas in modern world we got a new innovative and most powerful thing which will outperform gold in value appreciation ratio in past records.

INVALID BBCODE: close of unopened tag in table (1)
Quinn
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
October 21, 2015, 08:07:11 PM
 #1049

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=m6GiC8dqN9A

We 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???





I would pick gold all the time.  The value of bitcoin is highly volatile. 
Amph
Legendary
*
Offline Offline

Activity: 3206
Merit: 1069



View Profile
October 22, 2015, 07:02:19 AM
 #1050

i would choose gold, stable price

everyone wants to collect gold for the future

Gold is a real material

The price of gold is more stable than bitcoin, however, you cannot use gold to buy goods or service easily. You have to convert the gold into fiat. However, there are many places accepting bitcoin.

it's only more stable because of the time frame of its stability, but if you take a look at both chart, both things had their value down for a quite big numbers

so the instability of gold vs bitcoin, is more spread in the time, but it's very akin
Prestonlector
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
October 22, 2015, 10:43:34 AM
 #1051

Gold has more than 5000 years reputation of value holder
Bitcoin has been born 5 years ago.
n2004al
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000


View Profile
October 22, 2015, 11:58:10 AM
 #1052

...

The sense I am getting from this thread (and others re gold & BTC) is that gold is the better, and certainly safer, asset.  Yet most of us here (this thread it seems) own both!

For reasons I have discussed earlier, I think that Bitcoin and gold are "orthogonal" (prices tend to move independently) and so are both good holdings.

Perhaps the better discussion would be: What percentages of one's (net) assets should be in gold, and what percentage in Bitcoin?

A reasonable start to this might be my own rough holdings: nearly 10% in gold, nearly 1% in BTC.  BTC is very volatile, but does have the potential to be a winning lottery ticket...

Smiley

That's was the form which has my answer given at July 17. It is not that I "predicted" your above post?  Shocked  Cheesy Below the repetition of my answer given to your previous and actual questions:

"Definitely I would take both. It is normal to diversify the investments. Both of them are potential investments. So I would prefer to believe equally in both of them. Half of my money that are designated to invest will go in bitcoin and half of them in gold. Maybe 60-70% in bitcoin because of hope I have that bitcoin will go high in years."

July 17, 2015, 12:27:17 PM

It is changed only the word "diversify" because in the original post was wrong (diversificate)

I've right if evaluate myself with 5 stars?   Cool  Cheesy

bitcrystal
Sr. Member
****
Offline Offline

Activity: 419
Merit: 252


Crashgambler.io - Crash Gambling Guide


View Profile
October 22, 2015, 12:03:48 PM
 #1053

bitcoin xD

           ░▓██▓▓██▓ 
          ▓██████████░
         ███ █████ ███
       ░████ ██████ ██
      ▒█████ █████ ██▓
     ▓███████████████
   ░██████▓████████▒ 
     ████████████▒   
    ▓██████▓▓██▒     
   ▓████▓▒  ░▓       
  ▓██▓░             
 ░▓                  
CrashGambler.io█▀▀▀▀▀










█▄▄▄▄▄
▀▀▀▀▀█










▄▄▄▄▄█
█▀▀▀▀▀










█▄▄▄▄▄
▀▀▀▀▀█










▄▄▄▄▄█
█▀▀▀▀▀










█▄▄▄▄▄
▀▀▀▀▀█










▄▄▄▄▄█
NO ENTRY FEE
$550 GRANDPRIZE
🏆 HIGHEST MULTIPLIER WINS
Zeroxal
Hero Member
*****
Offline Offline

Activity: 896
Merit: 508



View Profile
October 22, 2015, 01:08:10 PM
 #1054

Gold has more than 5000 years reputation of value holder
Bitcoin has been born 5 years ago.

However bitcoin enables fast and easy transactions instead of exchanging gold to fiat money and buy things with it. The Internet is growing every single second and bitcoin will probably be accepted by almost everyone after the world has finally noticed how big bitcoin can grow
OrientA
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250



View Profile
October 22, 2015, 01:40:19 PM
 #1055

Gold has more than 5000 years reputation of value holder
Bitcoin has been born 5 years ago.


Gold is proven. We have to work hard to make sure bitcoin can be used widely and we can store value there.
TTMNewsMJ
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
October 22, 2015, 01:44:48 PM
 #1056

Bitcoin.
In the near future I think the price of bitcoin will be as high as Gold or much more.
user64
Full Member
***
Offline Offline

Activity: 145
Merit: 100



View Profile
October 22, 2015, 01:46:52 PM
 #1057

Gold since the begining of time, and until the end.
bryant.coleman
Legendary
*
Offline Offline

Activity: 3668
Merit: 1217


View Profile
October 22, 2015, 01:57:29 PM
 #1058

However bitcoin enables fast and easy transactions instead of exchanging gold to fiat money and buy things with it. The Internet is growing every single second and bitcoin will probably be accepted by almost everyone after the world has finally noticed how big bitcoin can grow

Fast transactions are possible only if you are using Bitpay or some other payment processor. Yesterday, I tried to transfer BTC0.50 after paying BTC0.0001 in tx fee. But I received the necessary 3 confirmations only after 24 hours. It was a long and frustrating wait. If the miners are not happy with the tx fee, then it is a very bad sign for BTC.
n2004al
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000


View Profile
October 23, 2015, 08:47:14 AM
 #1059

However bitcoin enables fast and easy transactions instead of exchanging gold to fiat money and buy things with it. The Internet is growing every single second and bitcoin will probably be accepted by almost everyone after the world has finally noticed how big bitcoin can grow

Fast transactions are possible only if you are using Bitpay or some other payment processor. Yesterday, I tried to transfer BTC0.50 after paying BTC0.0001 in tx fee. But I received the necessary 3 confirmations only after 24 hours. It was a long and frustrating wait. If the miners are not happy with the tx fee, then it is a very bad sign for BTC.

This is a sign that the decentralization of bitcoin is only words. If are the miners which can decide the future of the fees they can make in the near future hidden agreements with each other about the amount of fees and make decisions which cannot be impeded by no one. This way has followed by all few entrepreneurs which offered the same good in the market and were them only which offered that good. But later was the State (Government) which impeded such kind of agreements. While bitcoin has as defenders only they who want the decentralization and the not regulation of it. I am curious about reaction of the lasts if the situation supposed by me above (with the miners) can become true....
OrientA
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250



View Profile
October 23, 2015, 12:06:36 PM
 #1060

Gold since the begining of time, and until the end.

Bitcoin since beginning of 2009 and until the end. It will survive and resurrect in various forms.
Pages: « 1 ... 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 [53] 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 ... 173 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!