Bitcoin or Gold? What would you pick?

[LuckyYOU]

Gold is my favourite metal and my favourite asset too.

Bitcoin is upcoming but needs a lot of improvements aswell stability.

Yeah bitcoin is doing good, but needs some more improvements. I don't expect it to happen soon.
Therefore gold is my pick.

[melody6565]

i choose gold for investment because its price is good for to buy short term but i dont like bitcoin fun or gold fun too which one is better i can pass other side

[TTMNewsMJ]

I am going to choose the bitcoin over gold.

[a7mos]

What about site called bitgold
Any one on this?

I read about this site in some blogs but I did not try it. Because I read some negative feedbacks about withdrawing from it. And I do not think they are selling real gold

[chennan]

If the whole system crashed would people still bother to go to work for worthless money, is the electric grid, network still going to be up?

Bitcoin wont get your far when the lights go out.

I dont know how integrated bitcoin is in your country but in the UK I dont know a single place locally I could spend them, however about 5 mins from my house there are jewellers and pawn shops.  I could walk in any time with some gold or silver and walk out with cash within 10 mins.

I completely understand what your saying about golf and silver holding its long term value regardless of fiat price, but with jewelry and, pawn shops most of all, you're not going to ever get the amount you should get at its market value... Whereas you can sell Bitcoin on any exchange site and always get market value and its instantaneous.

I know this is a very tedious thing to say about precious metals, but it's annoying nonetheless. I currently have a lot of silver and plan on getting more gold once I feel I can buy as much gold per Bitcoin on websites that sell gold for Bitcoin.

I feel the USD and fiat system in general is bound to collapse in the next 10 years though, and you're right, you can't trust that Bitcoin will be one of the surviving currencies/assets people will go too due to history always repeating itself.

[CrimBit]

of course i will choose bitcoin
i can mining bitcoin with simple hardware miner, i can earning with my computer, i can trade it in online market, i can send it with online transaction,
This Is Online era, This is modern, BItcoin is future of money...

[Yakamoto]

What about site called bitgold
Any one on this?

I've heard about this, and I know some fairly reputable people talk highly of it, and it looks like a good idea. I hear its very similar to using a typical credit card, and it uses the mastercard platform(?), so it would be easy to integrate into your typical spending habits.

For saving, it is probably a good idea to buy some gold on BitGold and then withdraw the physical iteration of it later.

[Supercrypt]

of course i will choose bitcoin
i can mining bitcoin with simple hardware miner, i can earning with my computer, i can trade it in online market, i can send it with online transaction,
This Is Online era, This is modern, BItcoin is future of money...

Yes bitcoin got many modern advantages and highly reputed for quick returns. Gold also can be considered for some small amount of investments as we should not invest all our money in to a single platform.

[deisik]

If the whole system crashed would people still bother to go to work for worthless money, is the electric grid, network still going to be up?

Bitcoin wont get your far when the lights go out.

I dont know how integrated bitcoin is in your country but in the UK I dont know a single place locally I could spend them, however about 5 mins from my house there are jewellers and pawn shops.  I could walk in any time with some gold or silver and walk out with cash within 10 mins.

I completely understand what your saying about golf and silver holding its long term value regardless of fiat price, but with jewelry and, pawn shops most of all, you're not going to ever get the amount you should get at its market value... Whereas you can sell Bitcoin on any exchange site and always get market value and its instantaneous

I'm sorry, instantaneous what? Selling your bitcoins? Okay, but what about fiat withdrawal from "any exchange site", since that seems to be your primary objective (i.e. cash on hand)? How long does it take and what limits do they impose on such withdrawals?

[HarizDB]

Investing in physical gold would in theory be safer than any other form for asset. Gold won't crash - EVER but Bitcoins could crash in the future. If the price on gold falls, you could allways sell it, and make some money back.

[MaritiJames3]

Investing in physical gold would in theory be safer than any other form for asset. Gold won't crash - EVER but Bitcoins could crash in the future. If the price on gold falls, you could allways sell it, and make some money back.

Gold is gold, it's been here a long time so people put trust in it.

Bitcoin is new and people are afraid of new things.

The more reason they have to be is because of the volatility. For me though bitcoin is safer and better.

[sishendaoye]

Investing in physical gold would in theory be safer than any other form for asset. Gold won't crash - EVER but Bitcoins could crash in the future. If the price on gold falls, you could allways sell it, and make some money back.

Gold is gold, it's been here a long time so people put trust in it.

Bitcoin is new and people are afraid of new things.

The more reason they have to be is because of the volatility. For me though bitcoin is safer and better.

That's the problem with bitcoin. It makes people scared.
One day they buy 2k of bitcoin, then the next week it's only worth 1.5k. People don't understand it and don't want it.

[veles7]

I am going to choose the gold, this i can see and if was Apocalypse gold can give me eat.

[wikenpp]

Gold is more precious to me in the way that you can touch it and you  know it's value.
With bitcoin the innovating part is what I like and since it is new age, it's nice to be a part of it.

So I wouldn't pick anyone, just will keep both of them.

[tolikkk]

so bored in Fiat and their time and the inconvenience of not only performance, but also to use in store and objectivity to permanent atletica on the number, severity and so on, and the name of the Foundation and with the readiness of tools to create such working capital is so convenient and easy that enclosing a condition and the gold and bitcoin and whatever, replacing, of course the equivalent of one conditions - terms of payment than ever, for example the same bitcoin, but to pay in gold, silver, bronze or copper, the interest in the encrypted transaction is growing

[mouneshwar123]

Its 65-35, Bitcoin to Gold. I am not going to spend gold, but I will spend some of the bitcoins. That is how I contribute to the Bitcoin Ecosystem.

[dollarneed]

Its 65-35, Bitcoin to Gold. I am not going to spend gold, but I will spend some of the bitcoins. That is how I contribute to the Bitcoin Ecosystem.

You can't spend your gold directly on store like bitcoin, at least you should convert or trade it to the fiat then purchased something on store, so gold just for investment or stock then bitcoin as currency or investment/stock yup bitcoin is the simplest, easiest means of paying for things online thats why i love it

[btcprospecter]

I would like to say bitcoin but gold has being a trusted commodity for centuries however it does has its downsides too if you have alot of it its heavy and can't move it about like a digital currency. You can't split a bar of gold up into fractions if you desperately needed to buy something with it you would generally have to trade a whole bar for something. Bitcoin seams to be better to invest in at this current time. So I think bitcoin would be the better one to have over gold.

[Dabs]

It's probably been said before, maybe even in this thread, but bitcoin is here to stay.

After 7 years, bitcoin will be around, as long as the internet exists, just like torrents are going to be around as long as the internet exists.

Your worst case scenario is if the internet disappears, or electricity disappears. It can happen in small parts of the world, but not the whole planet. By then, we'd have bigger problems and bitcoin would be the least of your worries.

Regardless, the doomsday preppers will have gold, other precious metals, bitcoins, other cryptocurrencies, canned goods, stocked biscuits, weapons, tools, etc.

[jjacob]

Its 65-35, Bitcoin to Gold. I am not going to spend gold, but I will spend some of the bitcoins. That is how I contribute to the Bitcoin Ecosystem.

That is a good mix. Tranfer 35-35 gold & bitcoin to the next generation.
Spend around 30% of your bitcoins.