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Author Topic: Bitcoin or Gold? What would you pick?  (Read 298881 times)
Laosai
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September 07, 2015, 01:40:08 PM
 #921

i pick bitcoin over gold. they are both can be mined. they're both avaible virtually and physically, they're also both a good investment but bitcoin is easier to mine compare to gold so i choose bitcoin

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Hugroll
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September 07, 2015, 05:23:40 PM
 #922

I would choose bitcoin over gold because its alot easier to use ,if you need to pay someone online, sending gold isn't feasible but bitcoin is made for that kind of thing. If you're looking to invest long term then either is a good choice. but for trading and such i definitely recommend bitcoin.  Grin
luciann
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September 09, 2015, 03:34:27 AM
 #923

i pick bitcoin over gold. they are both can be mined. they're both avaible virtually and physically, they're also both a good investment but bitcoin is easier to mine compare to gold so i choose bitcoin

I think if you do choose the gold route, its better to invest in the notes that actually are the mining companies.

Since they have combined assets outside from just to mine gold, they mine copper etc as well.

techgeek
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September 09, 2015, 04:42:46 AM
 #924

I would choose bitcoin over gold because its alot easier to use ,if you need to pay someone online, sending gold isn't feasible but bitcoin is made for that kind of thing. If you're looking to invest long term then either is a good choice. but for trading and such i definitely recommend bitcoin.  Grin

you say that, but lets say that the bitcoin rate shot down for 1 month straight.

i really doubt you`d still hold. Seeing a $100 price point difference can hurt a lot depending on how many coins you have and afford that loss difference.

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September 09, 2015, 05:14:49 AM
 #925

i pick bitcoin over gold. they are both can be mined. they're both avaible virtually and physically, they're also both a good investment but bitcoin is easier to mine compare to gold so i choose bitcoin

I think if you do choose the gold route, its better to invest in the notes that actually are the mining companies.

Since they have combined assets outside from just to mine gold, they mine copper etc as well.
in fact both have their respective advantages that are not even owned by others, such as gold luster does not exist on bitcoin, while bitcoin transaction very easy, but gold is very difficult to break it into smaller values, so I prefer to use both
gripflierGO
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September 09, 2015, 12:43:59 PM
 #926

i pick bitcoin over gold. they are both can be mined. they're both avaible virtually and physically, they're also both a good investment but bitcoin is easier to mine compare to gold so i choose bitcoin

I think if you do choose the gold route, its better to invest in the notes that actually are the mining companies.

Since they have combined assets outside from just to mine gold, they mine copper etc as well.
in fact both have their respective advantages that are not even owned by others, such as gold luster does not exist on bitcoin, while bitcoin transaction very easy, but gold is very difficult to break it into smaller values, so I prefer to use both

Every coin has two sides, but when it comes to investment purposes I believe that gold would always overtake bitcoins, as bitcoin is a new born baby in front of gold, gold is traditional and is in existence since many years, So I personally feel that If I have to make a choice I would stand steady with Gold as it would definitely give me some good returns in the future.
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September 09, 2015, 07:58:40 PM
 #927

I would choose bitcoin over gold because its alot easier to use ,if you need to pay someone online, sending gold isn't feasible but bitcoin is made for that kind of thing. If you're looking to invest long term then either is a good choice. but for trading and such i definitely recommend bitcoin.  Grin

I still think gold is still a viable solution until the dollar really collapses.

Its been a ever growing steady commodity that off-sets the bitcoin rates when they are super volatile.
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September 09, 2015, 08:11:21 PM
 #928

i pick bitcoin over gold. they are both can be mined. they're both avaible virtually and physically, they're also both a good investment but bitcoin is easier to mine compare to gold so i choose bitcoin

I don't think that its a good idea to choose bitcoin over gold. In the long run gold is safe and the price of gold will be increased. There are no restrictions on gold and  its easy to use, buy and sell the gold as it is accepted universally but in case of bitcoin this is not the same. There are just bunch of people who are using bitcoins and no one can predict the future of bitcoins. I will go for gold against bitcoin to secure my money  Wink
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September 10, 2015, 02:56:57 AM
 #929

I would take both but invest more in bitcoin as I see lot more potential in bitcoin and it may progress 10x more than it is now. Gold is a great option too
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September 10, 2015, 03:25:03 AM
 #930

i would take bitcoin, can be found all over in internet here, get paid by bitcoin by doing some service, but with gold? not on internet, real life thou, need own money to buy it and keep.. not really worth it.

kampretkabur
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September 10, 2015, 03:36:46 AM
 #931

i choose house or land
techgeek
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September 10, 2015, 03:56:29 AM
 #932

I think Bitcoin has more potential ... I have to go with bitcoin on this one

Yeah, I admit bitcoin has more pontential then a 1000 year old commodity.

But, its the price that we all want some permanent stablization if anything esp for me.

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September 10, 2015, 05:21:01 AM
 #933

i choose house or land

Well these investments are quite good for long term appreciations but you need quite a lot of money in investing either in land or property. But for investing in bitcoin or gold you no need of so much of investments. You can diversify your invests to reduce your loses in case of any negative trend in the market.
ajrah
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September 10, 2015, 05:26:16 AM
 #934

I'll go for GOLD.
Gold can be easily liquidated just by anyone in cases of emergency. Unlike Bitcoin, not everyone accepts bitcoin in my country, not everyone knows about it and if my wife needs to sell it because i'm in the hospital she needs to ask for my password, username and site's where I store my coins then exchange to local currency.

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September 10, 2015, 06:18:05 AM
 #935

I own both. I own gold, silver in terms of bars and coins, as well as some in my investments portfolio (managed, I didn’t pick them). I have a few bit coins as I was an early adopter. I mined a few a long time ago. I use them to pay for random things on the internet which I really don’t care about. The money I never figured out how to get out easily, so I just use that to pay for things like kickstarter and other items which take them instead of using cash.
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September 10, 2015, 07:12:10 AM
 #936

i choose house or land

land is better nowaydays, you can build everything on top of it and if you're land is in a good position they can be worth a ton in the future

houses with the current crisis are depreciated heavily and you can use it only for rent, or sell it again for a better price
afriezalie
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September 10, 2015, 07:18:02 AM
 #937

i choose house or land
House or land are good properties to be invested. House or land price never fall down but always go higher. But you will find that land or house are hard to sold when you need money for emergency. For emergency i would choose gold because it's easy to exchange into FIAT.
Bitcoin is like gold, but with more price fluctuation and it's also harder to sold in emergency.
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September 10, 2015, 07:25:48 AM
 #938

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 I were asked, I'll probably choose both because both of them have a big potential in the near future and they are both good investment. But in terms of convenience, I'll choose bitcoin. I can easily obtain bitcoin and can use it almost anywhere(eg. Gambling, buying stuffs etc.) but overall , I'll still choose them both
newbitcoins
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September 10, 2015, 10:15:02 AM
 #939

i choose house or land

Well these investments are quite good for long term appreciations but you need quite a lot of money in investing either in land or property. But for investing in bitcoin or gold you no need of so much of investments. You can diversify your invests to reduce your loses in case of any negative trend in the market.

Yes for real estate investments need a lot of money. I will go for gold investment because even though slow increment but for long term it will be a good option.
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September 10, 2015, 10:28:18 AM
 #940

i will pick bitcoin because im willing to take a risk to get a lot of profit ..
but if you are looking for sure investment maybe a gold for you..

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