Bitcoin or Gold? What would you pick?

[markj113]

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.

Apart from 303 tonnes used annualy in electronics.

86 tonnes used in other industrial processes.

40 tonnes used in denistry.

[exadex.org]

Gold is too expensive at the moment, I pick Bitcoin.

[senyorito123]

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.

Theres no silver listed above so why picking silver and for me i select gold because it has many use to industrial, jewelers and  other function of it gold is precious one thats why the price of it is high and every year the price of it keeps rising unlike bitcoin it is unstable and very risky if we stake for years because high chance that someone manilulated and dump.

[quintiilieo]

I choose bitcoin because we can earn here, we can start a business here without business permit and hassle. We can mine here without digging the ground, without risking our life. We need only internet connection and we need pc so that we can earn Bitcoin. And there are many ways to earn bitcoin trading, mining, investing, gambling and by joining Signature Campaign.

[goinmerry]

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.

Yes you should have both. That is my idea also. I would like both. Gold have been there for so many years so it is strongly advise to have them as your emergency money. You can pawn it or sell it in an easy way. Though bitcoin is really going good now too.

[bryant.coleman]

Gold is too expensive at the moment, I pick Bitcoin.

Even now, I have a feeling that gold is heavily under-valued. The Western nations and major banking cartels (HSBC, Goldman Sucks.etc) continue to suppress the gold prices. Right now, gold is trading at $1,295 per Oz., which is almost 30% lower than the peak reached in 2011. Gold is in for a major spike. It can either happen in late 2016, or early 2017.

[CrimBit]

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.

Yes you should have both. That is my idea also. I would like both. Gold have been there for so many years so it is strongly advise to have them as your emergency money. You can pawn it or sell it in an easy way. Though bitcoin is really going good now too.

it's depends about how much money you have. if you have big capital better to invest at fiat, gold, and bitcoin. but if your capital very small better to invest at bitcoin for short and middle time investment.

[Mumbeeptind1963]

I choose bitcoin because we can earn here, we can start a business here without business permit and hassle. We can mine here without digging the ground, without risking our life. We need only internet connection and we need pc so that we can earn Bitcoin. And there are many ways to earn bitcoin trading, mining, investing, gambling and by joining Signature Campaign.

I choose bitcoin too. We can start a business here without big funds, without more effort to do. Just trade or mine so that you can earn daily. But i want bitcoin because this is only my hope to become a rich man someday. If il do that il share in many youth in our country that bitcoin can give hope.

[diodio5]

I choose bitcoin because we can earn here, we can start a business here without business permit and hassle. We can mine here without digging the ground, without risking our life. We need only internet connection and we need pc so that we can earn Bitcoin. And there are many ways to earn bitcoin trading, mining, investing, gambling and by joining Signature Campaign.

I choose bitcoin too. We can start a business here without big funds, without more effort to do. Just trade or mine so that you can earn daily. But i want bitcoin because this is only my hope to become a rich man someday. If il do that il share in many youth in our country that bitcoin can give hope.

I think for effrot any business You must have a hard effort dude. it makes no difference in bitcoin yourselves in business or real life.
if you do not try hard effort in doing business in bitcoin. of course, your business will not grow here. although to make business very easily in bitcoin

[TPTB_need_war]

But gold has a utility that crypto-currency doesn't have, which is that it can't disappear due to the centralization inherent in profitable mining of proof-of-work or the centralization inherent in any proof-of-stake variant (don't make me justify this statement as we've discussed it ad nauseum before).

The utility of crypto-currency from a personal standpoint is much more prone to become a top-down controlled fiat.

Gold systemically doesn't solve the fiat problem, but to me personally it is guaranteed to not be a fiat, as I hold it in my hand and no government can cancel gold as they routinely do for cash[1]. They can erect capital controls, but my gold can remain buried until the government has changed.

In short, gold is more durable than crypto-currency. Whether that is useful to me personally or not, is a matter of personal analysis, perspective, and opinion.

[1]

https://www.armstrongeconomics.com/uncategorized/europes-practice-of-cancelling-currency-the-dirty-little-secret-everyone-overlooks/ https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/the-war-on-cash-2/ https://www.armstrongeconomics.com/writings/2012-2/the-truth-about-gold-why-you-should-buy-it/ https://www.armstrongeconomics.com/uncategorized/says-law/

Both Bitcoin and gold have value in that department, but it's difficult for someone to build and guard their own gold vault all day.

Very weak argument. One who can't hide well 100 Kruggerands, is an inept person. Rather the strong points for Bitcoin are:

1. Transportable without confiscation at airports.
2. Electronically spendable and transferable.
3. Effortlessly divisible.
4. No assay needed (cheating is mathematically impossible).

The strong points for gold are:

1. Can't fail.
2. Untraceable.
3. Eternal

Clearly I think crypto-currency is better for most needs, but gold still has some unique use cases, i.e. 1 - 5% of networth as a hedge against apocalypse.

[peta4e]

I choose bitcoin because we can earn here, we can start a business here without business permit and hassle. We can mine here without digging the ground, without risking our life. We need only internet connection and we need pc so that we can earn Bitcoin. And there are many ways to earn bitcoin trading, mining, investing, gambling and by joining Signature Campaign.

I choose bitcoin too. We can start a business here without big funds, without more effort to do. Just trade or mine so that you can earn daily. But i want bitcoin because this is only my hope to become a rich man someday. If il do that il share in many youth in our country that bitcoin can give hope.

I think for effrot any business You must have a hard effort dude. it makes no difference in bitcoin yourselves in business or real life.
if you do not try hard effort in doing business in bitcoin. of course, your business will not grow here. although to make business very easily in bitcoin

Investing in bitcoin can be a good decision for future as you don't need huge capital to invest you can start with small amount and you can buy it in small parts too.

[CoinsRoyal]

I choose bitcoin because we can earn here, we can start a business here without business permit and hassle. We can mine here without digging the ground, without risking our life. We need only internet connection and we need pc so that we can earn Bitcoin. And there are many ways to earn bitcoin trading, mining, investing, gambling and by joining Signature Campaign.

I choose bitcoin too. We can start a business here without big funds, without more effort to do. Just trade or mine so that you can earn daily. But i want bitcoin because this is only my hope to become a rich man someday. If il do that il share in many youth in our country that bitcoin can give hope.

As we looking in the future you can see that there are also now more people that is choosing Bitcoin because many knows that Bitcoin will have a nice future.
But we just have to see and wait for what will happen in the future because Gold is also a strong currency.

[virtualkeybuyer]

I will pick for bitcoin because bitcoin is going to increase and it will give me more benefit in the coming months and I think the price increase will continue till the end of the year and after that there will be some stability for a few years or more.

[phreaky]

I would go for the bitcoin because I think you can make much more profit with the bitcoin on a short term than with other currency's because of this its better for me to choose the bitcoin.
Another fact is also that its for me that I have no patience.

[bitlancr]

Most likely I would pick the bitcoin because the advantages it has makes me choosing if for sure.
The bitcoin has incoming events and is also heavily growing.

[dezoel]

Most likely I would pick the bitcoin because the advantages it has makes me choosing if for sure.
The bitcoin has incoming events and is also heavily growing.

Yeah bitcoin is growing and spreading rapidly for sure, so investing in bitcoin at a moment is the best thing to do, as price volatility allows us to make quick profits.

[expert4knowledge]

I would select both of them, each one has some characteristics, Gold for being more stable compared to bitcoin.

[Crazygreek]

I would select both of them, each one has some characteristics, Gold for being more stable compared to bitcoin.

Best way to make decision is choose everything but sometimes you havn't opportunity to do like this and you need to make your choise.

[TPTB_need_war]

Both Bitcoin and gold have value in that department, but it's difficult for someone to build and guard their own gold vault all day.

Very weak argument. One who can't hide well 100 Kruggerands, is an inept person.

How is that a weak argument?  [...] On the other hand, there's obviously little future for gold due to this scenario.  Almost everyone would place their gold in a 3rd party vault and now it's the same thing as fiat. [...]

You are evaluating gold systemically in terms of whether it is a replacement for fiat. I am pointing out that for the wealthy person, the use case of gold is irrelevant to whether the masses don't adopt gold:

One who can't hide well 100 Kruggerands, is an inept person.

[...]

Clearly I think crypto-currency is better for most needs, but gold still has some unique use cases, i.e. 1 - 5% of networth as a hedge against apocalypse.

The utility of crypto-currency from a personal standpoint is it much more prone to become a top-down controlled fiat and thus lose its permission-less quality.

Gold systemically doesn't solve the fiat problem, but to a wealthy person it is personally it is guaranteed to not be a fiat, as I hold it in my hand and no government can cancel gold as they routinely do for cash[1]. They can erect capital controls, but my gold can remain buried until the government has changed.

In short, gold is more durable than crypto-currency. Whether that is useful to me personally or not, is a matter of personal analysis, perspective, and opinion.

[1]

https://www.armstrongeconomics.com/uncategorized/europes-practice-of-cancelling-currency-the-dirty-little-secret-everyone-overlooks/ https://www.armstrongeconomics.com/international-news/north_america/americas-current-economy/the-war-on-cash-2/ https://www.armstrongeconomics.com/writings/2012-2/the-truth-about-gold-why-you-should-buy-it/ https://www.armstrongeconomics.com/uncategorized/says-law/

[Altynbekova]

I would pick the bitcoin because you can make nice profits with it and with the gold it takes so long in my opinion.
I myself do not have patience so that is why I choose for the bitcoin, although gold investing could be very profitable on a long term.