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Author Topic: Bitcoin or Gold? What would you pick?  (Read 298881 times)
logictense
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September 22, 2014, 12:22:09 PM
 #481

The point for understanding what would be profitable is related time span: say you and i have $1000 dollars to invest, back in Feb. 2013. I put my money into bitcoin (100 BTC, $11 per one coin). You put yours into silver (~$30/oz, or about 33 oz). For today i made about $60,000. You lost about $130.

ReBoRn
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Bitcoin will survive


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September 22, 2014, 07:29:15 PM
 #482

I would pick both.
Picking both is good decision but I believe Gold is still much better then Bitcoin for investment

cryptomad
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September 22, 2014, 11:49:13 PM
 #483

I would Pick both,I have Nice Gold Rings,and Other Gold items but I Have bitcoin too i find bitcoin the more fun to use and To me it has more uses than gold Smiley

Spend GCN at World of electronics Transfer files at www.gfile.us 10k free per transfer Smiley
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September 23, 2014, 10:14:52 AM
 #484

The point for understanding what would be profitable is related time span: say you and i have $1000 dollars to invest, back in Feb. 2013. I put my money into bitcoin (100 BTC, $11 per one coin). You put yours into silver (~$30/oz, or about 33 oz). For today i made about $60,000. You lost about $130.

If you do the same with January 1st 2014 I am even but you lost 50%

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September 23, 2014, 11:11:27 AM
 #485

I prefer Bitcoin.

I recommend this article http://www.coindesk.com/timothy-coles-2-million-gold-mine-bitcoin/ when Timothy Coles want to sell his profitable gold mine for BTC Wink
OrientA
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September 24, 2014, 07:58:47 AM
 #486

The point for understanding what would be profitable is related time span: say you and i have $1000 dollars to invest, back in Feb. 2013. I put my money into bitcoin (100 BTC, $11 per one coin). You put yours into silver (~$30/oz, or about 33 oz). For today i made about $60,000. You lost about $130.

If you do the same with January 1st 2014 I am even but you lost 50%

I think BTC will survive long term. Paypay will process BTC together with other payment processors.
BTCbuisinessman
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September 24, 2014, 04:17:25 PM
 #487

i would have to go for gold because its a real item i can hide and at anytime BTC can just vanish or corrupt
thejaytiesto
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September 24, 2014, 04:58:12 PM
 #488

Gold because it's more solid, but Bitcoin wins when it comes to hidding it. Owning gold is a pain in the ass. It could be all stolen unless you have it on sight permanently and it could be a big problem trying to cross borders with it.
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September 24, 2014, 04:58:51 PM
 #489

at this time i will go for bitcoin
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September 24, 2014, 10:08:20 PM
 #490

very true about the money laundering scheme but gold will stand up if bitcoin ever just loses value
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September 27, 2014, 11:58:52 PM
 #491

Gold because it's more solid, but Bitcoin wins when it comes to hidding it. Owning gold is a pain in the ass. It could be all stolen unless you have it on sight permanently and it could be a big problem trying to cross borders with it.

You can have your Gold in a Bank safe which is kind of safe of you can have it in a bank oversea or in Australia which is super safe

l3sny
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September 28, 2014, 12:38:52 AM
 #492

I want golden jewellery in a form of blockchain;)

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Room101
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September 28, 2014, 02:01:33 AM
 #493

both, plus a few kg bars of silver, cause why the fuck not. Gold and silver are essentially oil plays, in that it cost a shit load of energy to mine and refine each ounce.... as oil continues to get more expensive, and ore grades continue to decline, the cost has to keep going up. BTC because decentralization is my political philosophy

Bitcoin is the greatest form of protest there is. Vote in the only way that really counts: with your money.
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September 28, 2014, 07:35:12 AM
 #494

both, plus a few kg bars of silver, cause why the fuck not. Gold and silver are essentially oil plays, in that it cost a shit load of energy to mine and refine each ounce.... as oil continues to get more expensive, and ore grades continue to decline, the cost has to keep going up. BTC because decentralization is my political philosophy

You are not the only one feeling like that

Bitcoin can stop wars : https://www.youtube.com/watch?v=YDk62HApDa8

Gold is very safe because it is hard to mine, has many applications and has been a store of value and medium of exchange for thousands of years

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September 30, 2014, 09:41:33 PM
 #495

i would have to go for gold because its a real item i can hide and at anytime BTC can just vanish or corrupt

Bitcoin can just vanish and corrupt... No it can't, your security and maintainance could be bad, you are the bank with bitcoin Smiley

OrientA
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October 01, 2014, 06:03:13 AM
 #496

I would pick both.
Picking both is good decision but I believe Gold is still much better then Bitcoin for investment

Gold is a store of value. BTC can be used daily.
Darkmatter12
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October 01, 2014, 06:06:01 AM
 #497

I would choose bitcoin any day, any night.
Divinespark
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October 01, 2014, 07:18:41 AM
 #498

Now gold Wink

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October 02, 2014, 03:58:26 PM
 #499

I take Bitcoin, because I can do faster exchange.
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October 02, 2014, 09:15:00 PM
 #500

i would pick gold if i would like to wear it, otherwise i would pick BTC Smiley
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