Bitcoin or Gold? What would you pick?

[Amph]

seeing how bitcoin is still new it has more potential to rise than to fall, at least this how i see it, instead gold is old nothing revolutionary about it anymore

i'm not expecting gold to ever overcome its peak another time, it will fluctuate in the current price range forever

Forever?! I remember you saying about a week ago that the best bottom for Bitcoin was at 250... Now that we are at 230 (and still crashing down), all that I can say is beware of false prophets, wtf...

well obviously the crash was caused by the drama about xt and core, it's not a real crash it's a pure panic selling mode, or just someone take advantage of the fork to inculcate fear among investors and manipulating the market to cause a crash

i'm not taking this crash in consideration, and anyway i'm not nostradamus i can be wrong, nothing bad about it, this does not mean that i should not declare my opinion on the matter

[deisik]

seeing how bitcoin is still new it has more potential to rise than to fall, at least this how i see it, instead gold is old nothing revolutionary about it anymore

i'm not expecting gold to ever overcome its peak another time, it will fluctuate in the current price range forever

Forever?! I remember you saying about a week ago that the best bottom for Bitcoin was at 250... Now that we are at 230 (and still crashing down), all that I can say is beware of false prophets, wtf...

well obviously the crash was caused by the drama about xt and core, it's not a real crash it's a pure panic selling mode, or just someone take advantage of the fork to inculcate fear among investors and manipulating the market to cause a crash

i'm not taking this crash in consideration, and anyway i'm not nostradamus i can be wrong, nothing bad about it, this does not mean that i should not declare my opinion on the matter

Lol, I'm not blaming you for the wrong prediction on Bitcoin price dynamics. But you have said that gold is forever stuck where it is now...

See the difference?

[flock123]

this time I choose gold because bitcoin prices are declining 

[techgeek]

this time I choose gold because bitcoin prices are declining 

I do agree its better to see something stable then just having a emotional roller coaster.

So gold is still a solid pick for me as well. If bitcoin had a solid price to hold at like $200 no matter what then I`ll start dumping more money on bitcoin.

[BTCevo]

of course I chose gold, gold prices will always increase

yeah sure, you must have missed when gold was at 1900+ and has suffered a big dump that brought the mineral to almost 50% loss in value

sry but i always look at the all time chart and not at yesterday or tomorrow value...gold is doing really bad by this point of view

What about Bitcoin $1242 down to $256 now, doing a lot worse than gold - about an 80% loss

Gold is on the verge of a new bull run, just wait and see

yeah i know, i didn't say anything about how bitcoin is performing better because of the last big dump that happened for bitcoin, but the difference is that bitcoin is still new it can rise many more times, or at least there is the potential for this to happen

with gold you have a decrepit old man that it may not see the light anymore, if you know what i mean

BTC also has the real potential to go to ZERO too whereas gold does not, the decrepit old man isnt going anywhere.

If there is a adoption I dont think btc will going down to zero, most whale will not let this to be happened. Gold will never hit zero because people are already using it thousand years ago and everyone knows already. So bitcoin and gold are not in the same condition if you compare to its price. Bitcoin just need some time to become popular

[risingtide]

seeing how bitcoin is still new it has more potential to rise than to fall, at least this how i see it, instead gold is old nothing revolutionary about it anymore

That's not the reason people move to gold - quite the opposite in fact. People love that it's not revolutionary, that it's time tested, or that there's no need to keep a browser tab open to keep up with the drama ('XT fork, OMG!') It's simple: people view gold as a better store of value if ever the sh*t hits the fan.

[MoorChael]

Gold is not debatable. The hardest currency in my opinion!

[STT]

this time I choose gold because bitcoin prices are declining  

I do agree its better to see something stable then just having a emotional roller coaster.

So gold is still a solid pick for me as well. If bitcoin had a solid price to hold at like $200 no matter what then I`ll start dumping more money on bitcoin.

There is no solid or fixed use to bitcoin unfortunately, perhaps some base industries in gambling perhaps but not sure its enough.  Where as gold has a certain cost to mine where supply declines in line with the price and increase in line with profitability, also demand varies inversely to that.    If I intend to use gold I like it cheaper and it has a couple uses I guess, not sure anyone wants or benefits from cheaper bitcoin.

In this way bitcoin will always be more volatile, its price just rises with its usage I think possibly in competetion to alternative means of transmitting value.  It might go zero if seen as unreliable in that way

[STT]

Gold as payment, no this shouldnt be used as its a return to the literal physical exchange but gold is used as backing for paper and electronic exchange.
   If we go back to bits of gold it means all trust has failed in world trade, which is medieval dark age type stuff and hey some want that blowing stuff up in the middle east.  Most of us dont not even the politicians so I imagine if bitcoin doesnt succeed as virtual transfer of value something else will and many think it must be related to gold but its impossible it will verify value like bitcoin does; it'll always come back to trust.   Possibly bitcoin is unique and guaranteed to succeed in its own purpose

The main deal to realise with gold is its being actively bought up as backing to paper money.  Thats its current underlying trend and forms a demand or base to its price.  Gold price has been weak recently but fundamentals for it are not bad.   Bitcoin has more questions to answer but could recover faster as its overall supply wont ramp back up like gold

[MinerHQ]

Bitcoin !
No matter what might happen in the short term, bitcoin is going to massively rise in the long term.

I think if you talk about long term then gold the best option compared to bitcoin. In any case gold will not go back 50% down but in case of bitcoin it can happen.

[devil11]

My choice, Bitcoin is the best ever. Because it may be the future currency !

[Yoga4]

Bitcoin will never be THE future currency because its based solely on a digital aspect. That doesn't mean its not going to be a major currency. With this being said, if the U.S dollar fails, Gold and Silver will most likely become the primary currency over Bitcoin. Bitcoin although gaining major popularity, still doesn't touch the level that Gold is at. I would invest in Gold mainly because if the world shits the bed, that also means the internet and technology can face major devastations. If that happens I doubt the world is going to care about 10 Bitcoins stored in cold storage that probably can't even be retreived after a huge world meltdown. This scenario is obviously severe, but if and when the world does shit the bed, Gold and Silver would probably become the primary currency.

[BTCevo]

Bitcoin !
No matter what might happen in the short term, bitcoin is going to massively rise in the long term.

I think if you talk about long term then gold the best option compared to bitcoin. In any case gold will not go back 50% down but in case of bitcoin it can happen.

Nope I am not sure about that too because you can't even predict the future. Gold price will not go back to 50%? How are you so sure? It never drop so significant but gold price nowadays is on down trend and I dont know when will it stop. But for bitcoin, it drop significantly and it will rise again, that is what I like about bitcoin, you can make good profit when you stack your bitcoin now

[Stedsm]

Obviously, Bitcoins. 
As Gold is a centralized commodity whereas Bitcoins aren't. No one really knows the real value of Bitcoins, time will decide taking into consideration many factors which will affect the economy of Bitcoins.

[Falconer]

Bitcoin !
No matter what might happen in the short term, bitcoin is going to massively rise in the long term.

I think if you talk about long term then gold the best option compared to bitcoin. In any case gold will not go back 50% down but in case of bitcoin it can happen.

Nope I am not sure about that too because you can't even predict the future. Gold price will not go back to 50%? How are you so sure? It never drop so significant but gold price nowadays is on down trend and I dont know when will it stop. But for bitcoin, it drop significantly and it will rise again, that is what I like about bitcoin, you can make good profit when you stack your bitcoin now

Maybe gold price went down in end of July, but actually for now its price is starting to go up again. You can check it in any trading website. It prove us that gold is the best investment since thousands years ago because of its stable price.

[Nizam ibrahim.P.N]

BTC and gold are different things. The results they applied is also different . And I pick Bitcoins!!

[deisik]

BTC and gold are different things. The results they applied is also different . And I pick Bitcoins!!

Well, if you talk about losses and profits, then yes, the results are undoubtedly quite different. But the question still persists, what refers to which?

[gripflierGO]

Bitcoin !
No matter what might happen in the short term, bitcoin is going to massively rise in the long term.

I think if you talk about long term then gold the best option compared to bitcoin. In any case gold will not go back 50% down but in case of bitcoin it can happen.

Nope I am not sure about that too because you can't even predict the future. Gold price will not go back to 50%? How are you so sure? It never drop so significant but gold price nowadays is on down trend and I dont know when will it stop. But for bitcoin, it drop significantly and it will rise again, that is what I like about bitcoin, you can make good profit when you stack your bitcoin now

Maybe gold price went down in end of July, but actually for now its price is starting to go up again. You can check it in any trading website. It prove us that gold is the best investment since thousands years ago because of its stable price.

Yes I think you are right, Bitcoin prices are going very low at a moment, and the gold being traditional has more value and market cap as compared to bitcoins. So I don't think that bitcoins can go over gold in coming years, as gold is very traditional and has widely accepted by all so I believe that gold would be the best investment for the future.

[kenbytes]

i will pick bitcoin...i never liked gold ...maybe if i have bitcoin in one day i will be very reach )

[MinerHQ]

i will pick bitcoin...i never liked gold ...maybe if i have bitcoin in one day i will be very reach )

Are you sure that you will become rich with bitcoins? Bitcoin market is very small so it can go any extreme position either 500+ or zero level but gold will surely increase slow and forever. So i will choose gold for my long term investment