deisik
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June 03, 2014, 10:02:09 AM |
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Gold... Who wouldn't invest their $100,000 in gold rather than Bitcoin For a 10 year investment, gold wins every single time.
Bitcoin is rather a payment system. Not really an investment. Anything that you can sell higher than you buy can be an investment (even a payment system, which is only one aspect of bitcoin in this case)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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hodap
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 10:06:09 AM |
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Gold is safer.
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deadley
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June 03, 2014, 10:24:49 AM |
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I will diversified with both. some Bitcoin and some Gold.
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okthen
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 10:27:00 AM |
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I think it would depend on the amount. But in principle I would prefer bitcoin. I would then buy gold and get some cash with half of it, and keep the remaining in btc to see where it goes.
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 06:34:46 PM |
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Bitcoin or Gold? What would you pick?
Gold, absolutely View Screen Capture View Screen Capture
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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deisik
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 06:52:45 PM |
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Bitcoin or Gold? What would you pick?
Gold, absolutely A shrewd decision taking into account that gold's current price is near its cost of production, so it just can't fall much lower for a long period of time (but just long enough to take longs, no pun intended)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 06:55:55 PM |
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Bitcoin or Gold? What would you pick?
Gold, absolutely A shrewd decision taking into account that gold's current price is near its cost of production, so it just can't fall much lower for a long period of time (but just long enough to take longs, no pun intended)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Gold always has value, thousands of years ago, bitcoin for 5 days can be worth zero.
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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greenlion
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 07:07:59 PM |
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Bitcoin or Gold? What would you pick?
Gold, absolutely A shrewd decision taking into account that gold's current price is near its cost of production, so it just can't fall much lower for a long period of time (but just long enough to take longs, no pun intended)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) There is no such thing as a single price point "cost of production" for gold, because the true underlying costs represent a monotonically-increasing function based on the underlying difficulty of obtaining the gold. Market price drives cost of production in the sense of what kind of supply preferences are going to actually be realized in the market, and not the other way around.
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 07:11:41 PM |
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who cares for bitcoin the same is, no matter the prices $1 or $10000000 , because bitcoin price control bots, not people !
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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greenlion
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 07:14:29 PM |
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who cares for bitcoin the same is, no matter the prices $1 or $10000000 , because bitcoin price control bots, not people !
Because obviously Bitcoin is the only asset in the entire world where automated systems perform trades.
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 07:16:32 PM |
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who cares for bitcoin the same is, no matter the prices $1 or $10000000 , because bitcoin price control bots, not people !
Because obviously Bitcoin is the only asset in the entire world where automated systems perform trades. with Bitcoin can not buy anything, just on black market Silk Road.
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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lynn_402
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 07:18:07 PM |
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Definitely Bitcoin. Gold is way too slow and difficult to move to have any use for trading in the age of information. with Bitcoin can not buy anything, just on black market Silk Road.
Haha!
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deisik
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June 03, 2014, 07:25:35 PM |
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Definitely Bitcoin. Gold is way too slow and difficult to move to have any use for trading in the age of information.
You can buy "paper" gold (yes, I know about its drawbacks and all that)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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lynn_402
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 07:27:22 PM |
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Definitely Bitcoin. Gold is way too slow and difficult to move to have any use for trading in the age of information.
You can buy "paper" gold (yes, I know about its drawbacks and all that)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) It would still be irrelevant for commerce through the internet, wouldn't? And central authorities would have to massively adopt this so it could be useful, I very much prefer cryptocurrencies' decentralized system.
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deisik
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 07:29:44 PM |
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Bitcoin or Gold? What would you pick?
Gold, absolutely A shrewd decision taking into account that gold's current price is near its cost of production, so it just can't fall much lower for a long period of time (but just long enough to take longs, no pun intended)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) There is no such thing as a single price point "cost of production" for gold, because the true underlying costs represent a monotonically-increasing function based on the underlying difficulty of obtaining the gold. Market price drives cost of production in the sense of what kind of supply preferences are going to actually be realized in the market, and not the other way around. I know about this, but nevertheless, we can still calculate an average cost of production for gold in respect to mines, countries or continents. Look here for more info (beginning of 2013 data)! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 07:32:07 PM |
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this looks better ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.dodaj.rs%2Ff%2FX%2FGq%2F2ZV5ANHH%2Fa.jpg&t=665&c=oHgW9CkuKjr1zA)
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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deisik
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June 03, 2014, 07:32:18 PM |
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Definitely Bitcoin. Gold is way too slow and difficult to move to have any use for trading in the age of information.
You can buy "paper" gold (yes, I know about its drawbacks and all that)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) It would still be irrelevant for commerce through the internet, wouldn't? And central authorities would have to massively adopt this so it could be useful, I very much prefer cryptocurrencies' decentralized system. Strictly speaking, no, it wouldn't. But there is no problem selling it at any moment, so it doesn't actually matter. And that's why central authorities don't need to "adopt this" at all, they already have fiat... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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lynn_402
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 07:35:01 PM |
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this looks better ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nah, cryptography looks a lot better http://www.extremetech.com/wp-content/uploads/2014/02/Code-640x353.jpg Definitely Bitcoin. Gold is way too slow and difficult to move to have any use for trading in the age of information.
You can buy "paper" gold (yes, I know about its drawbacks and all that)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) It would still be irrelevant for commerce through the internet, wouldn't? And central authorities would have to massively adopt this so it could be useful, I very much prefer cryptocurrencies' decentralized system. Strictly speaking, no, it wouldn't. But there is no problem selling it at any moment, so it doesn't actually matter. And that's why central authorities don't need to "adopt this" at all, they already have fiat... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) But how could someone know that the paper gold is actually legit, if it was not controlled by a trusted third party?
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deisik
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June 03, 2014, 07:44:12 PM |
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this looks better ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nah, cryptography looks a lot better http://www.extremetech.com/wp-content/uploads/2014/02/Code-640x353.jpg Definitely Bitcoin. Gold is way too slow and difficult to move to have any use for trading in the age of information.
You can buy "paper" gold (yes, I know about its drawbacks and all that)... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) It would still be irrelevant for commerce through the internet, wouldn't? And central authorities would have to massively adopt this so it could be useful, I very much prefer cryptocurrencies' decentralized system. Strictly speaking, no, it wouldn't. But there is no problem selling it at any moment, so it doesn't actually matter. And that's why central authorities don't need to "adopt this" at all, they already have fiat... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) But how could someone know that the paper gold is actually legit, if it was not controlled by a trusted third party? What do you mean? You buy gold derivatives (e.g. gold cash-settled futures) through exchanges, no one promises to deliver you physical gold... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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igorr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 03, 2014, 07:49:01 PM |
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LOL, Ok, you buy your girlfriend zeros and ones, SHA 256, AES, RSA, RC4 or ....... (cryptography) I will with pure gold. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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