Bitcoin or Gold? What would you pick?

[greBit]

as far as an investment, i will choose bitcoin over gold. bitcoin has way more room for long term growth compared to gold.

I think the opposite. Gold is scarce, there is not much gold left and it has  been around since a long time, even your parents might have used it for trade, or your grand parents. Bitcoins is relatively new, it is certainly much risky to invest in, and considering 'room' for long term growth, gold is much more secure and safe compared to bitcoins. I have invested in both, hoping to reap benefits from both

Bitcoin is likely more useful in less dire situations, like if you’re a citizen of a country with a repressive or irresponsible government but you still have regular access to the Internet. Bitcoin is a better alternative than gold because owning real, physical gold is expensive to store and transport, while spending and storing bitcoin is effectively cost effective and a much more logical solution

[Zorrocoin]

Given the amount of potential growth between the two I think I will stick with bitcoin thank you very much.

Exactly , bitcoin has much more potential than gold . In just a few years bitcoin has grown ten times faster than the price of gold has increased, so it is way more beneficial  than gold. I would also stick with bitcoin . Thank you very much.

[BillyBobZorton]

as far as an investment, i will choose bitcoin over gold. bitcoin has way more room for long term growth compared to gold.

I think the opposite. Gold is scarce, there is not much gold left and it has  been around since a long time, even your parents might have used it for trade, or your grand parents. Bitcoins is relatively new, it is certainly much risky to invest in, and considering 'room' for long term growth, gold is much more secure and safe compared to bitcoins. I have invested in both, hoping to reap benefits from both

There will be no second gold rush no matter how scarce it is, the second big gold rush will be the Bitcoin one. We are in the 21st century on a globalized internet world, owning gold is actually a bigger risk than owning BTC. Unless you store all your gold at home which i doubt, you are trusting that someone out there is hoarding your gold for you, this is a bigger risk than owning your BTC yourself.

[n2004al]

as far as an investment, i will choose bitcoin over gold. bitcoin has way more room for long term growth compared to gold.

I think the opposite. Gold is scarce, there is not much gold left and it has  been around since a long time, even your parents might have used it for trade, or your grand parents. Bitcoins is relatively new, it is certainly much risky to invest in, and considering 'room' for long term growth, gold is much more secure and safe compared to bitcoins. I have invested in both, hoping to reap benefits from both

There will be no second gold rush no matter how scarce it is, the second big gold rush will be the Bitcoin one. We are in the 21st century on a globalized internet world, owning gold is actually a bigger risk than owning BTC. Unless you store all your gold at home which i doubt, you are trusting that someone out there is hoarding your gold for you, this is a bigger risk than owning your BTC yourself.

You can buy gold numismatic coins. Those have great value and can be stored without problem at home or in secured banks. There are places in the world which are stables and when the banks are secure.

[grendel25]

Both.  Always diversify your investments.  It's funny because I was just gifted one ounce of gold so now I can say I'm truly diversifying my portfolio even thought I had no intention to.  Still though, I'm glad to have the ounce of gold and a few bitcoins and will aim to increase accumulation of both.

[harlenadler]

Both.  Always diversify your investments.  It's funny because I was just gifted one ounce of gold so now I can say I'm truly diversifying my portfolio even thought I had no intention to.  Still though, I'm glad to have the ounce of gold and a few bitcoins and will aim to increase accumulation of both.

This is the correct answer. Diversify risks and invest in different things. People in this thread are debating whether they should get gold or bitcoin, but you should have both so that if anything happens to bitcoin, you have gold and if bitcoin grows, you have bitcoins and you benefited. Similarly, if you have gold and the gold rates go down, you have bitcoin and if they go up, you have gold to sell!

I'm going to look more into buying some gold myself and also increase the number of bitcoins that I have, but both in due proportion.

[qiwoman2]

I would prefer to hold both as diversification of any asset portfolio is paramount. I am even backing our own digital currency with silver and gold bullion so to be fair it is a very difficult question to answer.

[Mehek]

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???

If both of them offer the same value and if the value is equivalent then it doesn't matter what I pick. basically      even if I had to pick one I would take .... bitcoin because in ten years the price will be shooting up in the sky and I might become a millionaire with the mony that bitcoin offers me.

[jt byte]

Bitcoin demand is yet tiny compared to investment demand for most precious metals.
I expect it will exponentially more valuable . my choice is Bitcoin

[hunterwolf]

I would pick gold because it seems more secure, there is no risk of hacking which happens a lot these days. Plus the rising inflation will benefit me a lot . Bitcoin prices fluctuate a lot, and if the price drops down I cant risk it. So Gold would be more preferable.

i agree totaly. Gold is most valuable meta since the beginning of humanity and it will be so until the end i think.
 

[n2004al]

Definitely I would take both. It is normal to diversificate the investments. Both of them are potential investments. So I would prefer to believe equally in both of them. Half of my money that are designated to invest will go in bitcoin and half of them in gold. Maybe 60-70% in bitcoin because of hope I have that bitcoin will go high in years.

[gentlemand]

i agree totaly. Gold is most valuable meta since the beginning of humanity and it will be so until the end i think.
 

If we assume gold has been used in a monetary capacity for 5000 years or so, life was pretty much unchanged apart from a bit of tinsel up until 150 years ago. It's a hangover from the past.

Lord knows where we'll be in 5000 years. Gold by that point will probably be regarded to be as quaint as sea shells are to us now in a financial capacity. Perhaps finance itself as a concept will be looked back upon with amazement and disdain. We might not even be biological beings by then.

[Acidyo]

50% BTC and 50% gold. I prefer diversification. 

[misterycoins]

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.

[BTCevo]

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.

Yes bitcoin is great to make investment but for you buying gold using bitcoin? Whats the point? I think you can get more with invest in bitcoin rather than change it to gold. It is just pointless, why dont invest in both of them? Gold has a stable price with it and bitcoin has a volatile price but with this volatile price of bitcoin we can get earn more of it

[bit1]

Gold Trend is down ,  This reached minimum levels of lasts 5 years.       http://www.nasdaq.com/markets/gold.aspx?timeframe=5y

[Verge]

I would pick both as diversification is key to a long term wealth building strategy and to keep said wealth should disaster strike. Actually there are many other investments you should be looking into as well, I do not much like these either/or type questions as people should be expanding their investments, not narrowing them down.

[bit1]

 Pick gold just now could be risky.

[stromma44]

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.

Yes bitcoin is great to make investment but for you buying gold using bitcoin? Whats the point? I think you can get more with invest in bitcoin rather than change it to gold. It is just pointless, why dont invest in both of them? Gold has a stable price with it and bitcoin has a volatile price but with this volatile price of bitcoin we can get earn more of it

Yes buying gold using bitoins is not a great idea. It is better if you want to buy gold then buy it by using fiat that is the best option if you are looking to invest in gold. But buying gold using bitcoins doesn't make any sense. And both the products are good for the investment purpose.

[torrentheaven]

I think gold would be riskier to keep and harder to sell/spend, so I would go with bitcoin. The main drawback I see on BTC is, of course, its high volatility, but I expect it to get a bit calmier in the upcoming years.

It would be more stable when the mass adoption takes place and when the mass acceptance will come into play where everyone will start accepting bitcoin as a mode of payment. So investing in bitcoin is a good option but still people have more faith in gold as it has been into existence since long time.