Bitcoin or Gold? What would you pick?

[TastyChillySauce00]

I will pick Bitcoin because it price consistently increases.

do you really know what is bitcoin?, and how long do you using bitcoin?
bitcoin price isn't consistent,sometimes go up and down and its escalated quickly

[OrientA]

I will pick Bitcoin because it price consistently increases.

The price of bitcoin is not stable at all. In late 2013, it was $1200. 6 months ago, it was $220. So the price does not rise always.

[OROBTC]

...

As I have posted before, HODLING BTC and Au are complimentary.  They have different "price dynamics" so are relatively independent of each other.  Diversification in other words.

Gold, however, does have one advantage at least for now.  The Buy:Sell spread is much lower! 

Go to a coin shop and check the Buy and Sell prices, you will almost surely find the spreads tighter than BTC spreads.  The BTC ATM I visited not long ago prices BTC at 9% over "spot" (current market price).  Gold coins have a tighter (lesser) spread.

I would *guess* that BTC spreads will narrow in the coming years as liquidity (popularity here) increases.

[AtheistAKASaneBrain]

I will pick Bitcoin because it price consistently increases.

The price of bitcoin is not stable at all. In late 2013, it was $1200. 6 months ago, it was $220. So the price does not rise always.

In the early days of any economy it's a given that volatility will be insane. The positive side is if you are patient the uptrend will eventually come and if you've been working hard to stack on Bitcoin you'll see massive profits. Im not selling anyway, I will die with at least 50% of Bitcoin my portfolio. All or nothing with this. I know that with Bitcoin, if you sell you will regret selling eventually.

[andresem]

IMO  It depends on the amount money

if it is several thousand usd, then Bitcoin

if more than $ 100000, then gold

[Amph]

I will pick Bitcoin because it price consistently increases.

The price of bitcoin is not stable at all. In late 2013, it was $1200. 6 months ago, it was $220. So the price does not rise always.

he said consistently, which is true, if do the math since the beginning bitcoin is rising by few cents each day

[uki]

...

As I have posted before, HODLING BTC and Au are complimentary.  They have different "price dynamics" so are relatively independent of each other.  Diversification in other words.

Gold, however, does have one advantage at least for now.  The Buy:Sell spread is much lower! 

Go to a coin shop and check the Buy and Sell prices, you will almost surely find the spreads tighter than BTC spreads.  The BTC ATM I visited not long ago prices BTC at 9% over "spot" (current market price).  Gold coins have a tighter (lesser) spread.

I would *guess* that BTC spreads will narrow in the coming years as liquidity (popularity here) increases.

Well, it is debatable if they are complementary. In a grand scheme of things, both are a hedge against USD (fiat). Thus, both should perform equally good, or bad, against it. And the powers the currently control the markets know that in case of gold and bitcoin as well (if not they will learn quickly how to maintain the downward pressure, as in case of gold). The only difference I see between BTC and gold is the acceptance among masses. Gold would be always recognised, BTC has to arrive there yet.

[OrientA]

I think that it is a false choice to think of bitcoin vs. gold as either one or the other.
each has its benefits and drawbacks and although there are some similarities, there are also important differences.

I believe that bitcoin and gold will continue alongside as the asset class for investments for the long time to come, although i expect to see some shift from gold towards bitcon over time.

I agree both gold and bitcoin are good investment. But bitcoin is also a usable currency. It is divisible easily. We will use bitcoin for daily purchasing instead of gold. Gradually more people will use bitcon than fiat.

[1Referee]

I think that it is a false choice to think of bitcoin vs. gold as either one or the other.
each has its benefits and drawbacks and although there are some similarities, there are also important differences.

I believe that bitcoin and gold will continue alongside as the asset class for investments for the long time to come, although i expect to see some shift from gold towards bitcon over time.

I agree both gold and bitcoin are good investment. But bitcoin is also a usable currency. It is divisible easily. We will use bitcoin for daily purchasing instead of gold. Gradually more people will use bitcon than fiat.

Bitcoin is a good investment, especially if you are long term oriented. Gold may go up 10-20% in the comming years, or even go down. Bitcoin has so much room for growth, that is basically not the case with Gold. That's why I don't invest in Gold. It's basically waiting a few years for a skimpy profit, while Bitcoin has much much more to offer.

[uki]

Bitcoin is a good investment, especially if you are long term oriented. Gold may go up 10-20% in the comming years, or even go down. Bitcoin has so much room for growth, that is basically not the case with Gold. That's why I don't invest in Gold. It's basically waiting a few years for a skimpy profit, while Bitcoin has much much more to offer.

Bitcoin is more volatile than gold. I believe that is what you wanted to say. There is a possibility for larger move to the upside in bitcoin, but also to the downside. That is what the volatile assets have. that means a lot more of underlying risk for such investment. It is not only buy and hold and you will be happy - you may tell that newcomers who bought next to the top of the last bubble in the end of 2013.

[Denker]

I will pick Bitcoin because it price consistently increases.

The price of bitcoin is not stable at all. In late 2013, it was $1200. 6 months ago, it was $220. So the price does not rise always.

It's not wrong what he said. Remember Bitcoin started being worth less than a cent. Just 6 years later it's worth more than $300. And we haven't mentioned it gigantic possibilities and potential for future growth. If frank26 is thinking longterm and taking the risk he will have mad the right choice if everything plays out fine and as many optimists expect.

[bitmarket.net]

Bitcoin is a good investment, especially if you are long term oriented. Gold may go up 10-20% in the comming years, or even go down. Bitcoin has so much room for growth, that is basically not the case with Gold. That's why I don't invest in Gold. It's basically waiting a few years for a skimpy profit, while Bitcoin has much much more to offer.

Bitcoin is more volatile than gold. I believe that is what you wanted to say. There is a possibility for larger move to the upside in bitcoin, but also to the downside. That is what the volatile assets have. that means a lot more of underlying risk for such investment. It is not only buy and hold and you will be happy - you may tell that newcomers who bought next to the top of the last bubble in the end of 2013.

I agree.
I think we should be very careful not to "sell" bitcoin as a guaranteed way to make money.
Nothing is certain in this world and it may only put off for good the people who will get burnt.

[Andrelvogue]

Well I prefer Bitcoin it makes my life easy. But BTC and gold are not the same.

[vero]

Now i prefer Bitcoin!! so Why would anyone sell their bitcoin for bad value gold?
The problem with gold, is there is no way to test it's authenticity, there are dozens of websites selling gold coins that look, weight and measure the same size as they coins they counterfeit. You can't use acid to test them because the outside of the fakes are made from real gold

[TastyChillySauce00]

Well I prefer Bitcoin it makes my life easy. But BTC and gold are not the same.

if it have value and be able to be traded then i'll consider its as the same,the difference just gold have physical shape

[markj113]

Now i prefer Bitcoin!! so Why would anyone sell their bitcoin for bad value gold?
The problem with gold, is there is no way to test it's authenticity, there are dozens of websites selling gold coins that look, weight and measure the same size as they coins they counterfeit. You can't use acid to test them because the outside of the fakes are made from real gold

1) You stick to well known bullion dealers

2) Although some coins/bars contain a tungsten core they are not the same weight and size as that would be impossible.

3) Copies range from piss to poor to not bad but the detail never matches the real thing

4) Gold can easily be tested using non destructive methods such as XRF testing

5) Why is gold bad value? Russia, China and a lot of central banks dont seem to think so as they are buying it as quickly as possible.

Another good example of someone that knows nothing about gold spurting incorrect facts.

[newbitcoins]

Bitcoin is a better option for me. I can use it to buy things in on line shopping. I cannot use gold in that way.

[bitbunnny]

Bitcoin is maybe more covenient to use in everyday life then gold. Regarding investments, on longterm, it's hard to say which is more profitable. Maybe stil gold?

[smith coins]

I have never invested in gold and i don't think to invest.
Maybe in the future when i analyze and see if it really give profits.
For now i am in bitcoin and i am pretty happy to see especially now when the price is shinning.

[Scream]

of course
i will choose BITCOIN

bitcoin is special, it's awesome technology, the faster transaction, and simple

bitcin is future of money