Bitcoin or Gold? What would you pick?

[bitmarket.net]

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?

In real life it doesn't have to be either 100% bitcoin or 100% gold.
A wise investor would diversify his portfolio among various asset classes.

I think that the best that we can hope for in the near term, that people will start adding bitcoin to their current mix of assets: stocks, bonds, commodities and cash.

[makcik]

Btc is an incredible online cashless and wireless currency. It's a currency so can be used for buying and selling, I would prefer bitcoins Because
(1) Gold is a costly item, but bitcoins is a currency and currency can overcome anything
(2) You can buy gold using btc , but you cannot buy btc using gold..It's a thing to always remember-- BTC is a currency, but Gold is not!
(3) You can buy things using btc, but buying through gold isn't possible, gold can give you btc on selling, but btc can't.

[OrientA]

Bitcoin is better than gold in on line payment. You pay bitcoin just like using fiat. You cannot pay gold directly.

[smiles]

I still pick gold. Bitcoin won't survive the high altitude EMP.

http://www.empcommission.org/

[BCwinning]

Bitcoin is better than gold in on line payment. You pay bitcoin just like using fiat. You cannot pay gold directly.

so is visa and you get insurance.

[OROBTC]

...

There is an argument to be made for buying gold and selling BTC now however.

BTC has had a mighty run-up in the past week or so (particularly today), while gold has done nothing.  ounce.me has the BTC:Au ratio at some 3.11 now, that is very low (gold cheap with Bitcoin) in recent months.  So, "value investors" might take a look at the trade I mentioned at top.

Yes, that ratio varies a lot, and yes, BTC and gold approached parity a couple of years ago.  Still, 3.11 is pretty attractive to anyone who buys gold.

I am not saying that you have to sell ALL of your BTC for gold and miss out on a lot more possible fun...  NO WAY I would sell all of my BTC!

[klf]

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?

If you're looking for more stable and long term point of view then gold should be a good choice but price moves very slow in both directions either up or down. But in case of bitcoin it's prices are more volatile so you may get more profits in short term and also you may lose more money if you don't watch out on prices regularly. I will go for both with different quantities.

[Decoded]

Gold has had hundreds of years to balance its price... Although now and then it has jumps, they are mere dollars.

Bitcoin has a thriving community that will do anything to keep it alive. See how after bitcoin dropped down from $1200, the price is currently climbing up again? Thank the community for not giving up on bitcoin. Bitcoin has no inflation, which is one of the main reasons most currencies go down. Without most of fiat currency's problems, bitcoin will go up some time or another. Bitcoin is fairly new to this world, and when it gets even more well known than how it is today, the price really will jump. And not by mere dollars, but hundreds.

[Amph]

I still pick gold. Bitcoin won't survive the high altitude EMP.

http://www.empcommission.org/

bitcoin can survive even without internet or without computer, you simply cannot spend it anymore, but it's not dead, as long as you have your key it remain there

yes there is the problem of network vulnerability, but as soon as the miners can return operative, everything will be adjusted

[BitHappy24]

I would pick bitcoin

[markj113]

I still pick gold. Bitcoin won't survive the high altitude EMP.

http://www.empcommission.org/

bitcoin can survive even without internet or without computer, you simply cannot spend it anymore, but it's not dead, as long as you have your key it remain there

yes there is the problem of network vulnerability, but as soon as the miners can return operative, everything will be adjusted

That will come in handy when you need to buy goods and food.

[Amph]

I still pick gold. Bitcoin won't survive the high altitude EMP.

http://www.empcommission.org/

bitcoin can survive even without internet or without computer, you simply cannot spend it anymore, but it's not dead, as long as you have your key it remain there

yes there is the problem of network vulnerability, but as soon as the miners can return operative, everything will be adjusted

That will come in handy when you need to buy goods and food.

yeah not optimal, but they can add something, like "delayed transaction features" they work as a check, in which you send bitcoin to someone, but they will not be send until the time that, you decided the coins will be spent, or something like that

still plenty of things can be added to make bitcoin stronger

[markj113]

Worth spending 5 mins of your life watching -

http://www.youtube.com/watch?v=sLcNy-MyME4

[maincoin]

I would pick bitcoin. I believe there's a brighter future in bitcoin rather than gold

[xinzark]

I will pick bitcoin because it is easy to handle and spend. If we want to send someone payment in decimals like 0.2 then will you go and break your gold in exactly 0.2 size lol   but that is easily possible with Bitcoin

[zeraTunerse]

My Pick is BTC , Obviously that is why i am here , BTC can reach 1000$ can gold reach for 1 gram? No
Days are gone when gold attracted traders now BTC is revolution and it is expanding like India's Population. 

[OROBTC]

...

I made my pick just a few minutes ago.  I bought some gold for BTC when the price was $410 from providentmetals.com.  I was lucky, I was going to buy yesterday but could not (when the price was $360 or so).

So today I chose gold.  But I still have more BTC powder dry for the future...

[Uses]

BItcoin for sure. Too many people own gold and once BTC comes up, it'll be game over

[roadbits]

BItcoin for sure. Too many people own gold and once BTC comes up, it'll be game over

Gold is very good for long time investment purpose but now since bitcoin is in boom means going up and up every day so bitcoin become more popular. So both are good but for different purposes. If any one do not want to take much risk then they can invest in gold because gold prices moves very slow.

[BlockEye]

I'll go for Bitcoin
Gold's price cant increase like Bitcoins increase for the past few days and holding a lot of Bitcoins is easier than holding a lot of Gold in your house.