Bitcoin or Gold? What would you pick?

[Dux2K]

I dont know but think now is good to have cash gold and btc dont you all agree

[swogerino]

"There is always someone around who will take your gold."    (In payment, not steal it)

If you need to buy or barter for something, even if for very high value, you can find someone who will give you what you need for your gold.  At this moment that is not true for Bitcoin.  Sure there are people around who will do some trades for your BTC, but not that many, nor in large amounts.

I'd quess the number of people that will accept BTC at localbitcoins.com is roughly the same (within an order-of-magnitude) as the number of pawnshops in the world that will take your gold coin. Here in the Philippines I bet you'd be lucky to get 50% of the spot price value at a pawnshop.

The key difference in my mind is that gold you can find a physical buyer that you can trust won't kill you (e.g. a storefront pawnshop or gold dealer). Whereas meetups with Bitcoin are going to be with a stranger (and risky for both parties). This is important in the sense of needing to get cash and not wanting it to pass through a bank account.

Once the NWO outlaws cash (and regulates gold dealer, but the lack of cash will kill the black markets too), then there will be no advantage for gold any more. You will have to sell it for digital cash. Barter becomes extremely rare to find.

OROBTC, I am sorry to tell you that gold is dying. The digital cash age will kill it and everyone will throw their gold into the streets as the Bible says. We may not get there entirely though until 2032 or so.

Yeah... but if you really want to safely trade bitcoins, then you could do it with someone more reputable with online methods. With this, you get lower exchange rates as well as more ease in the transaction. Hell, you could do it in your underwear! I don't know anybody who trades gold half-naked.

But overall gold is safer. Think about the PayPal chargebacks and all the scammers with bitcoin. I choose gold over bitcoin, it has a more stable future.

[wikenpp]

Gold is the winner here. Without a doubt it's way more valuable at this moment.
In a few years this will hopefully change.

[2legit2]

i would pick only bitcoins and nothing else, bitcoin is like gold only with a lot more advantages

[romero121]

Gold is the winner here. Without a doubt it's way more valuable at this moment.
In a few years this will hopefully change.

Hopefully everything changes over the coming years as said. I too will go for gold these days because the capital market of gold is of several trillions when compared to bitcoins which is only few billions.

[shane]

better get gold. since it can become investment and save from price fluctuative.

surely ? gold can become investment and save from price fluctuation ?

http://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

[joinal]

Gold is the winner here. Without a doubt it's way more valuable at this moment.
In a few years this will hopefully change.

if you mean "here" is this forum, of course you're wrong
Here is the base of users and supporters of bitcoin, of course most of the members here, preferring bitcoin than gold, it fix

[Windpower]

i would surely pick bitcoin instead of gold without even thinking, bitcoin can give money in a short amount of time even though it is actually possible to lose money

you could actually lose all your money.

If gold would go that way the world would end anyway.

Bitcoin is a big risk to take. But if you invest in gold, you won't make any money, so it is a waste.

[STT]

You arent supposed to make money from gold but you can certainly save money which if you already have a job that should be your aim to some extent.  Investment means risk and the whole point of saving really is to minimise and accumulate your hard work into reliable wealth for your old age.   This forum is probably age biased towards the younger more risky venture outlook type people but at some point in your life your outlook will swing to security and usable (liquid) wealth which is gold, not earning but securing your previous good work.    

That aspect to the monetary world is invaluable, its power to decide the world is immense because there is so much money running scared from any risk and will run a mile from things like bitcoin at least at the present time.   The FED and others will try to argue saving is destructive and contary to healthy economy, this really is such an extreme view and now its common.  Japan recently switched to negative rates, we in the 1st world economy are down the rabbit hole

[MyBTT]

i would surely pick bitcoin instead of gold without even thinking, bitcoin can give money in a short amount of time even though it is actually possible to lose money

you could actually lose all your money.

If gold would go that way the world would end anyway.

Bitcoin is a big risk to take. But if you invest in gold, you won't make any money, so it is a waste.

That is very true. Gold has reached its full potential and the price isn't going to rise anytime soon.

[Amph]

i would surely pick bitcoin instead of gold without even thinking, bitcoin can give money in a short amount of time even though it is actually possible to lose money

you could actually lose all your money.

If gold would go that way the world would end anyway.

Bitcoin is a big risk to take. But if you invest in gold, you won't make any money, so it is a waste.

That is very true. Gold has reached its full potential and the price isn't going to rise anytime soon.

gold is in the exact time where bitcoin will be when the fee era will enter in play, no more room to improve

with almost 7T marketcap and almost no more gold extracted like in the good old day, i see no more real increase in the value in the future

[avw1982]

i would surely pick bitcoin instead of gold without even thinking, bitcoin can give money in a short amount of time even though it is actually possible to lose money

you could actually lose all your money.

If gold would go that way the world would end anyway.

Bitcoin is a big risk to take. But if you invest in gold, you won't make any money, so it is a waste.

I will prefer bitcoin only due to its high potential rate change.  But is gold is flat rate change in a market.
But it's waiting for halving. Once halving done price will double in the market.

[blackmachinegun]

i would surely pick bitcoin instead of gold without even thinking, bitcoin can give money in a short amount of time even though it is actually possible to lose money

you could actually lose all your money.

If gold would go that way the world would end anyway.

Bitcoin is a big risk to take. But if you invest in gold, you won't make any money, so it is a waste.

That is very true. Gold has reached its full potential and the price isn't going to rise anytime soon.

agree, although the price of gold goes up, it will not be too high, it may only rise a few percentage points,maybe 1-3% per year
the heyday of gold, is end

[TReano]

i would surely pick bitcoin instead of gold without even thinking, bitcoin can give money in a short amount of time even though it is actually possible to lose money

you could actually lose all your money.

If gold would go that way the world would end anyway.

Bitcoin is a big risk to take. But if you invest in gold, you won't make any money, so it is a waste.

That is very true. Gold has reached its full potential and the price isn't going to rise anytime soon.

agree, although the price of gold goes up, it will not be too high, it may only rise a few percentage points,maybe 1-3% per year
the heyday of gold, is end

where did you get that number from...?

Gold prices moves about ~2% per week.... Not per year.

if you invest in physical gold shouldn't expect more then 30% change per year.
If we would have a serious war starting the Gold price will likely jump. Or a financial crises.

The current price is at 1100$. 4 years ago we were at 2000$. So 100% return is easy possible investing in physical gold.
But if you invest in CFD products you invest go in with a bit of leverage and you can easily have the same return like you would have with bitcoin.


Just as side note because most of you obviously don't know how important gold is in this world:
Gold went from just about 200$ to 2000$ in 10 years because of all the stupid wars the USA was fighting all over the world after 9/11.
Nobody with knowledge would call Gold a bad investment. Ever.
There is maybe a bad timing to buy gold but over the as long as our civilization is around Gold is the main store of value.

Bitcoin could get obsolete at some point and be replaced. Gold has been the representation of value for far over 10.000 years now.

[Premium Account Reseller]

Definitely Bitcoin.

The problem with gold is that it is manipulated and suppressed by the "powers that be".
They have no such control over Bitcoin.

[markj113]

Definitely Bitcoin.

The problem with gold is that it is manipulated and suppressed by the "powers that be".
They have no such control over Bitcoin.

No we have exchanges and bitcoin whales for our manipulation.

Good example is when btc hit its all time high, most people now agree it was down to a bot.

[Yakamoto]

Definitely Bitcoin.

The problem with gold is that it is manipulated and suppressed by the "powers that be".
They have no such control over Bitcoin.

No we have exchanges and bitcoin whales for our manipulation.

Good example is when btc hit its all time high, most people now agree it was down to a bot.

A lot of it comes down to how to bots are coded, and if such manipulation by a whale would have the capacity to overcome the dump that most bots would cause, assuming that they are coded to think of any spike like another Mt. Gox collapse.

[busybee7]

i would pick bitcoin for sure because its better than gold and its a better investment

[rekinthis]

i would pick gold most probably because the price is more stable right now

[chokesir]

I will have to choose gold because gold and diamonds are forever.
Bitcoin can die if something goes wrong.