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Author Topic: Bitcoin or Gold? What would you pick?  (Read 298881 times)
wangxinxi
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October 25, 2014, 06:40:39 PM
Last edit: October 26, 2014, 05:19:52 AM by wangxinxi
 #561

I would pick gold. Reason. Everybody knows and accept gold value but not everybody acknowledges bitcoin. Is as simple as that.

Three years ago, I picked 20 oz gold and 100 Bitcoins at the price of $6. I still own all of them.
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October 26, 2014, 05:11:07 AM
 #562

It's kinda weird. I think my short and long term opinion will change with time and how things go.
Now I'd say long term gold, short term btc.
But if in two years bitcoin is widespread, it would probably be the opposite.
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October 26, 2014, 01:42:29 PM
 #563

If I am going to hold for long term then my choice is Gold and if I am going for short then I will choose from Bitcoin and Gold because Gold is forever and good option for all time
aronnov
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October 27, 2014, 03:14:59 AM
 #564

I prefer holding gold compared with bitcoin, it is because the price of gold is more stable compared with bitcoin, even if the price of gold down, but it will not be too long down and will increase rapidly ...  Grin
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October 28, 2014, 12:15:07 PM
 #565

I prefer holding gold compared with bitcoin, it is because the price of gold is more stable compared with bitcoin, even if the price of gold down, but it will not be too long down and will increase rapidly ...  Grin

but you cant store datas on Gold for eternity, nor you cant send them on other side of the world almost instantly.

If you love to wear jewelery. i would understand, but for the rest choice should be pretty clear.

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October 29, 2014, 01:54:00 AM
 #566

At the moment gold, bitcoin isnt too strong for now.

Gold presently sells near its average cost of production, how can it be stronger than bitcoin right now? Cool

Bitcoin is also selling at around its average cost of production.

Don't worry both bitcoin and gold will shoot up in the end.... just hold and wait.
Cortex7
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October 29, 2014, 01:58:58 AM
 #567

but you cant store datas on Gold for eternity

Gold is much more physically durable than bitcoin however you slice it.

Only living humans and gold are needed for a running system.

Bitcoin requires quite a bit more complexity to run, strong radiation incident upon Earth could stall it for some time for example.

nor you cant send them on other side of the world almost instantly.

Yes this is a GREAT strength of bitcoin, that I agree wins hands down over gold.
waltermot321
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October 29, 2014, 02:27:27 AM
 #568

I would pick gold, less risk as compare to bitcoin...

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October 29, 2014, 12:30:05 PM
 #569

Gold... It has been tested thru time.
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October 29, 2014, 02:16:20 PM
 #570

What about fiat? Nobody likes it here? Tongue

It is the best choice to loose most your wealth over time, it is sad to see friends and family save in fiat

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October 29, 2014, 03:00:38 PM
 #571

Since you had to ask...One Word: Plastics

That was a good bet when the movie The Graduate was filmed, around the 1960s.  Now it's a commodity.

TonyT
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October 29, 2014, 03:03:43 PM
 #572

I would prefer Bitcoin because i can earn so much money with it or lose a lot of money... but some sacrifices has to be made

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fredthegambler
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October 30, 2014, 01:49:20 AM
 #573

As of now, today, I am going to pick Gold.
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October 30, 2014, 09:27:14 AM
 #574

Bitcoin! Smiley Gold is too risky to have.
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October 30, 2014, 01:05:45 PM
 #575

I prefer gold.

Bitcoin price is unstable so it must be risky if I hold it.

Gold price will keep rising overtime and never decrease

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TheDragonSlayer
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October 30, 2014, 01:25:11 PM
 #576

Bitcoin! Smiley Gold is too risky to have.

Bitcoin is more risky then gold..

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October 30, 2014, 02:19:34 PM
 #577

I prefer gold.

Bitcoin price is unstable so it must be risky if I hold it.

Gold price will keep rising overtime and never decrease

Gold price can decrease like any price Shocked; it decreased in 2013

It is 1300$/oz now and it used to be 1900$ in 2011

On one hand, Gold has been a store of value and mean of exchange for thousands of year and is likely to keep being one; on the other hand Bitcoin has a huge potential; hold both!

Fabrizio89
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October 30, 2014, 02:39:07 PM
 #578

With the FED ending its QE right now I think we will see both assets fall for the time being or at least stay where they are, but soon enough another QE will be announced, it's just about picking the right time to buy both, because this round could be of a huge impact.
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October 30, 2014, 02:53:22 PM
 #579

I'd take 50/50
50%gold and 50%btc
But if i must to choose betwen them I'd take btc because i like this idea and i can write prive key in my brain and nobody can take them from me Smiley
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October 30, 2014, 03:35:30 PM
 #580

I always pick Gold. Intelligent guys always pick gold.

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