Bitcoin or Gold? What would you pick?

[Wandika]

Yeah, as I noticed the price of gold is increasing as year goes by so it is very good for a long term investment but for now I would gladly choose bitcoins because I already have it and I can make a profit on halving which will be soon.

The gold price is rising now, that is very good. But for the past year, its price did not double. The bitcoin doubled.

[chaosknight]

Yeah, as I noticed the price of gold is increasing as year goes by so it is very good for a long term investment but for now I would gladly choose bitcoins because I already have it and I can make a profit on halving which will be soon.

The price will not be too high at halving, and if you have bought bitcoin at lower price then you should sell it now and secure profits as there is no guarantee that price will be higher at halving.

[bitcoin-esperanto]

with the cooming halvening.... and after brexit I choose BTC!

[Taki]

I would pick up gold. It showed itself statable in the long period of human'a existence. And bitcoin? It is exist only several years and already pretend to be compared with gold and replace paper money. Good start bitcoin, but only time will show how it will be in reality.

[SquallLeonhart]

with the cooming halvening.... and after brexit I choose BTC!

That's correct, people are investing in bitcoin only because halving is approaching and I think there is nothing wrong in taking benefits from halving, as we have been waiting for this event since long time.

[lightyard12]

If I had to choose either bitcoin or gold, I'd choose bitcoin because I can easily keep them in one palce and send them to other people.

[TReano]

with the cooming halvening.... and after brexit I choose BTC!

That's correct, people are investing in bitcoin only because halving is approaching and I think there is nothing wrong in taking benefits from halving, as we have been waiting for this event since long time.

oh you guys will be so disappointed... A dump is much more likely then a pump on the halving.

[Tanic]

Today I would pick Bitcoin for investment. Gold's price is pretty statable and almost doesn't changing nowadays, but bitcoin is not so fixable and it's easy to earn on course difference of bitcoin now. So if I would have money for investment I would chose bitcoin.

[eddyubachs]

Today I would pick Bitcoin for investment. Gold's price is pretty statable and almost doesn't changing nowadays, but bitcoin is not so fixable and it's easy to earn on course difference of bitcoin now. So if I would have money for investment I would chose bitcoin.

Yes investing in bitcoin can be profitable not only because of halving, but the price will be even more higher in the end of the year, and bitcoin can give us better profits in compare to gold.

[neochiny]

Today I would pick Bitcoin for investment. Gold's price is pretty statable and almost doesn't changing nowadays, but bitcoin is not so fixable and it's easy to earn on course difference of bitcoin now. So if I would have money for investment I would chose bitcoin.

Yes investing in bitcoin can be profitable not only because of halving, but the price will be even more higher in the end of the year, and bitcoin can give us better profits in compare to gold.

sure bitcoin is profitable than gold right now because of the hype, but i wont expect much after the halving, a lot can happen after
the funds of bitcoin is cut in half again, like miners will quit mining if the bitcoins price doesn't increase to the point that it is not profitable
for them to continue mining, or too much people selling their coin to take advantage of the price, that event can lower the demand of bitcoin and can also affect the price of bitcoin.

[markj113]

I wonder sometimes if the bitcoin fan boys in this thread are even aware what the gold price currently is before spouting the same stuff over and over again.

Gold price year to date -

[Braeron]

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???

You can pick both because the one is to pay trough the internet and make allot of investments because the coin has a unstable value so you can invest easily insto the bitcoin
and you can pay with gold that is the difference between the two.

[TReano]

Also keep silver in mind.



(weekly chart)

Silver stood in the bear trend for a longer time then Gold. The potential upside seems to be much bigger then Golds upside targets (in %) long term.

[Gliassa]

...

@ rpg

There is NOT really all that much tungsten filled gold out there.  Especially in coins.  Tungsten has the highest melting point of all elements and is also very hard, ref:

http://en.wikipedia.org/wiki/Tungsten

The hardness and high melting point of tungsten make it unprofitable, for now anyway, for even the Chinese to make counterfeit gold.  They have made fake US$5.00 gold pieces (out of gold) as "numismatic" pieces (fake dates & mint-marks, which they would hope to sell for 10 times as much because it is a "rare coin").

IMO it will be years before we have to worry about counterfeit Gold Eagles.  Counterfeiting Gold Eagles would invite a Secret Service investigation (Eagles are Legal Tender), not that our Secret Service is, erm, aggressive about going after foreign counterfeiters (eg, N. Korea and their fake $100 bills).

But, the time will be coming soon that gold bars will be counterfeited more.  There is a YouTube video out there where an employee of Heraeus (Germany) caught a 500 gm gold bar salted with tungsten.

If you are smart you pick both of them because some times it is easy to pay with gold but some times you need something else to pay with and there you need the bitcoin with
because the bitcoin is also a online paying method and that is very nice.

[Icathia]

Also keep silver in mind.



(weekly chart)

Silver stood in the bear trend for a longer time then Gold. The potential upside seems to be much bigger then Golds upside targets (in %) long term.

Silver like gold are stable assets, but as long as I have been in trading of these assets, Gold always seem to outperfom silver.
The same way Bitcoin has been outperforming many fiat currencies.

[TReano]

Silver like gold are stable assets, but as long as I have been in trading of these assets, Gold always seem to outperfom silver.
The same way Bitcoin has been outperforming many fiat currencies.

it's not.

Just look at it in this way: If Silver goes to it's alltime high from here it's a massive move from now around 20$ to over 50$. That's way over 100% increase.

If Gold does the same and goes for new highs we would only see a 1400 to 1900$ that would "just" be a 30% move.

but you could also argue that Gold is more stabel in the end. And that's ultimatly what long term investors seek for for. Stable growth.

[ASHLIUSZ]

Today I would pick Bitcoin for investment. Gold's price is pretty statable and almost doesn't changing nowadays, but bitcoin is not so fixable and it's easy to earn on course difference of bitcoin now. So if I would have money for investment I would chose bitcoin.

Yes investing in bitcoin can be profitable not only because of halving, but the price will be even more higher in the end of the year, and bitcoin can give us better profits in compare to gold.

Investing in gold is always a stable profit. Bitcoin is even more attractive investment because bitcoin gives you more and more profits when compared to gold.

[avw1982]

Today I would pick Bitcoin for investment. Gold's price is pretty statable and almost doesn't changing nowadays, but bitcoin is not so fixable and it's easy to earn on course difference of bitcoin now. So if I would have money for investment I would chose bitcoin.

Yes investing in bitcoin can be profitable not only because of halving, but the price will be even more higher in the end of the year, and bitcoin can give us better profits in compare to gold.

Investing in gold is always a stable profit. Bitcoin is even more attractive investment because bitcoin gives you more and more profits when compared to gold.

Investing in both gold and bitcoins is the best thing to do, as we don't know what is the future of bitcoins, but yes gold is ancient and used since thousands of years, so people have more faith in gold as compared to bitcoins, so it is better to invest in both.

[Nimbulan]

with the cooming halvening.... and after brexit I choose BTC!

That's correct, people are investing in bitcoin only because halving is approaching and I think there is nothing wrong in taking benefits from halving, as we have been waiting for this event since long time.

oh you guys will be so disappointed... A dump is much more likely then a pump on the halving.

Today I would pick Bitcoin for investment. Gold's price is pretty statable and almost doesn't changing nowadays, but bitcoin is not so fixable and it's easy to earn on course difference of bitcoin now. So if I would have money for investment I would chose bitcoin.

Yes investing in bitcoin can be profitable not only because of halving, but the price will be even more higher in the end of the year, and bitcoin can give us better profits in compare to gold.

Investing in gold is always a stable profit. Bitcoin is even more attractive investment because bitcoin gives you more and more profits when compared to gold.

Investing in both gold and bitcoins is the best thing to do, as we don't know what is the future of bitcoins, but yes gold is ancient and used since thousands of years, so people have more faith in gold as compared to bitcoins, so it is better to invest in both.

well i actually think that both will happen, people will be buying like crazy as they will expect the price to grow and then there will be a huge dump in order to take out as much profit as possible

[BitcoinPaw]

At my opinion it's not correct to compare this two ways of investment, cause it's so different and both of them is super profitable, but i will choose gold anyway.