Bitcoin or Gold? What would you pick?

[tn211]

I would pick bitcoin because I think it has a bigger upside than gold right now.

Well it has advantages indeed, but I also think bitcoin is much better because you can make profit pretty fast and with the gold you have to wait a lot longer.
I also think its much better to invest in the bitcoin because its much more profitable.

The bitcoin is the one that we have to pick on this moment, this is because it has a good future a head and its gonna be a very big currency.
If we now already got it, and its also already possible it will be good for our future( the ones that have the bitcoin already) it will be very profitable.

[Vaskiy]

I would pick bitcoin because I think it has a bigger upside than gold right now.

Well it has advantages indeed, but I also think bitcoin is much better because you can make profit pretty fast and with the gold you have to wait a lot longer.
I also think its much better to invest in the bitcoin because its much more profitable.

The bitcoin is the one that we have to pick on this moment, this is because it has a good future a head and its gonna be a very big currency.
If we now already got it, and its also already possible it will be good for our future( the ones that have the bitcoin already) it will be very profitable.

I think during these days it is good to pick bitcoin as the price will reach some higher amounts at the time of halving, you have to wait for few more months to get the profits.

[iCEBREAKER]

If I understand you correctly, then metal has a worth beyond jewellery.    Gold could still be used as money even if it was a dull green and disliked in appearance, the value comes from its unique elemental properties I think such as being very malleable and easy to measure, fairly durable and unreactive to corrosion.   But yea I agree that base demand does help from those desire its look but I think it'd be used anyway.  Gold does have industrial use but mostly its too expensive

The bitcoin has a worth for allowing reliable transactions.   Its a super token passable to anyone and very fast and cheap, I guess thats its 'worth'    Way back  a few years I thought namecoin would be worth alot of money as it has a side function as an alternative DNS chain for holding webpage addresses.  I thought that could be its base use, bitcoin has some kind of record holding ability but not really enough to give a base use to it so far as I know

new china gold price fix

news to me but Ive been convinced China is a major player in gold and currency generally and that will change the world quite possibly.   Their power play in the south east asia sea and so on, they are not happy just to be 2nd to dollars forever

The Dragon is tunneling its way out of the Dollar Trap, using a golden shovel to escape the exploitative western banksters.

Meanwhile in the Elephant, jewelery has been used as a wearable store of wealth/slush fund/ready cash (ie money) for ~5k years.

All elements have unique properties.  Decorative status signaling in cavemen was probably the antecedent of gold's monetary role, as it linked barter economies to advanced markets more conducive to capital accumulation.

Gold's intrinsic value is bling, not boring industrial stuff.   

[sempak]

I choose gold. because gold is more profitable to be an investment. The world's gold jewelry and gold is a timeless jewelry. gold prices rise every year and never dropped. I choose gold for investment compared bitcoin.

[bryant.coleman]

Industry is hungry for silver and this demand for silver will drastically rise over time, no matter. At this prices mining is almost not profitable. You must look at historical relations between silver and gold and everything will be very clear.

The demand for silver is increasing, but at the same time the mine production is also rising steadily. And there is one disadvantage as far as silver is concerned. There are plenty of recoverable silver deposits left in the world, which can be exploited in the near term. Compare that to the gold deposits. Recoverable deposits of gold would run out in less than 20 years.

[markj113]

There also seems to be more and more tech that requires gold/silver.

They have now just invented a battery that uses gold nanowires that be charged 200,000 without any damage or loss in capacity-

http://gizmodo.com/new-nanowire-batteries-can-be-charged-more-than-100-000-1772221103

[ajun96]

I choose gold. because gold is more profitable to be an investment. The world's gold jewelry and gold is a timeless jewelry. gold prices rise every year and never dropped. I choose gold for investment compared bitcoin.

yeah I agree with you Gold has a high price because they have something to sell that is the beauty of a jewelry?
it will continue valuable and worth over time. how about bitcoin? it may be very profitable but not forward it  would be safe for a long period of time ?

[KingdomHearts]

I will pick bitcoin if Iwanted to earn some money with my invested amount as with bitcoin the chances of value increase is definite and if we want to save only our money then we have to opt gold as with gold our money will remain the same as they are.

[vero]

Ok but let be clear bitcoin now have very good value and many early adopters are rich now, but for the rest of us this train is gone we can earn with it but not become rich with it. Silver is underpriced but still have and will have more usage over time. Gold is standard, you wont become rich if you buy gold today, probably this value will stay same for ages. Dollar and many other currencies will lose their value, this is different story..

I think that depends on what you call becoming rich. True I don't see many people becoming billionaires off of bitcoin like the early adopters but you could still get a really good return on your investments and this could still improve your lifestyle dramatically.

Exactly bitcoin means extra income which can surely contribute to your life style and can improve your standard of living, comparatively best investment product at a moment.

If you have 10 bitcoins now, that will be small proportion of your wealth. But in 20 years, it will be a bigger portion.

10 bitcoin isn't enough to make you get big profit even though after 20 years later, than you choose as a holder better you learn how to get profit from trading bitcoin.

[Text]

Of course, I would pick bitcoin, that's why I'm here. I know how can I collect and save it now unlike gold, I don't even know how to have that. Bitcoin is more expensive than Gold as far as I know. I chose bitcoin because I know how can I make profit from it.

[STT]

unlike gold, I don't even know how to have that.

Come on, you dont know how to own gold.  Obviously you do know how to own it but it may not prove instantly and easily profitable like Bitcoin.  We're talking the efficiency and easy spread bitcoin has, gold has handling costs though in theory its not that hard to verify its authenticity.  However its not built into every signature like bitcoin manages but arguably gold is far more simple and easy to own especially long term.  Bitcoin does need some electronics, if we are talking global then thats some limitation in comparison

We all comment on a forum, no doubt we are all quite comfortable here. So the bias is to see bitcoin as easy, a large part of the world will laugh at this idea while they toil in the dirt in arable economies and gold is without question an easy value to hold

[bryant.coleman]

There also seems to be more and more tech that requires gold/silver.

They have now just invented a battery that uses gold nanowires that be charged 200,000 without any damage or loss in capacity-

http://gizmodo.com/new-nanowire-batteries-can-be-charged-more-than-100-000-1772221103

Industrial usage of gold has been declining for the past many decades, as new and more effective alternatives are being found. Two decades ago, considerable amount of gold was being used for the manufacturing of computer chips. As the technology advanced, the amount of gold required to manufactured these chips went down logarithmically. Same with this case also. Within a few years time, some cheaper alternative will be found, which can eradicate the usage of gold to make nanowires.

[n0ne]

Ok but let be clear bitcoin now have very good value and many early adopters are rich now, but for the rest of us this train is gone we can earn with it but not become rich with it. Silver is underpriced but still have and will have more usage over time. Gold is standard, you wont become rich if you buy gold today, probably this value will stay same for ages. Dollar and many other currencies will lose their value, this is different story..

I think that depends on what you call becoming rich. True I don't see many people becoming billionaires off of bitcoin like the early adopters but you could still get a really good return on your investments and this could still improve your lifestyle dramatically.

Exactly bitcoin means extra income which can surely contribute to your life style and can improve your standard of living, comparatively best investment product at a moment.

If you have 10 bitcoins now, that will be small proportion of your wealth. But in 20 years, it will be a bigger portion.

10 bitcoin isn't enough to make you get big profit even though after 20 years later, than you choose as a holder better you learn how to get profit from trading bitcoin.

Well trying making large number of bitcoin. As quoted 10btc won't give you a very big profit after years. Try adding up the bitcoin through different earning methods or with the day job spend for a small portion of bitcoin regularly.

[diodio5]

I choose gold. because gold is more profitable to be an investment. The world's gold jewelry and gold is a timeless jewelry. gold prices rise every year and never dropped. I choose gold for investment compared bitcoin.

I think you're wrong to say that the price of gold rises every year and never dropped. for a period of 5 years the price of gold declined you can see the statistical data on google. I thought to my advantage would prefer bitcoin. you can earn huge profits in a short time? what about gold? You took a long time?

[raphma]

can i have both?
i like both options... and i would have half as bitcoin and half as gold.

People keep saying 10 btc isnt enough... damn... everyone here is holder?
with 10btc as a trader(scalper/swing) you can make a good profit. Yep... you wouldn't be rich, but you could make a good profit every day.

[West man]

Forgot that electronic devices (not just apple products ) use gold for their circuits. Always remember hearing on the news that thieves stealing copper wires and connectors all the time from power plants. But gold is a much more valuable community if the thieves know where to look for them.

[Adrayrd]

of course would i pick gold that's not strange.
gold is such a easy way to pay with not every site gives the opportunity to buy with coins.

[arwin100]

of course would i pick gold that's not strange.
gold is such a easy way to pay with not every site gives the opportunity to buy with coins.

Yeah me also i choose gold because the price of gold is more stable than bitcoin and golds price is stable to rise slowly daily yearly and the good thing is that its very hard to mine now thats why the price of it is precious and keep rising while bitcoin is no assurance that the price well stabilize because theirs always threat everywhere that can make it turn crash and lacking of acceptance for bitcoin for now, and not all people know that this is existing

[Cyaren]

For the short to medium term I'd like to stick with silver, so neither.

I'd consider bitcoin a long term bet, with gold. However gold doesn't have any industrial demands so... Who knows.

[Vaskiy]

For the short to medium term I'd like to stick with silver, so neither.

I'd consider bitcoin a long term bet, with gold. However gold doesn't have any industrial demands so... Who knows.
[/quote ]
You can't able to gain knowledge from gold, it is just one kind of investment but with bitcoin you can earn, gain knowledge, earn by doing some tasks or can trade if you are experienced. So definitely I will prefer bitcoin