Bitcoin or Gold? What would you pick?

[chokesir]

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

[bit1]

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.

Agree,

    But if even BTC get obsolete it can be exchanged for another thing of value I guess before this happens.

[swogerino]

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.

It's not about making money. You're given the gold or bitcoin, and it's an equivalent value. If you are allowed to pick the safer option, why wouldn't you? Risk is definitely interesting, but stability is also nice.

[MaritiJames3]

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.

It's not about making money. You're given the gold or bitcoin, and it's an equivalent value. If you are allowed to pick the safer option, why wouldn't you? Risk is definitely interesting, but stability is also nice.

I think I'm going for gold. If you have gold then you keep it in a bank or even at home.
If you keep going Bitcoin online is the chance that you can be hacked and that is not so fine. Gold is something you can not hold, Bitcoin not.

[Taskford]

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

The total gold vale is $7T. If the bitcoin reach the same valuation, the price could be $350k for each bitcoin.

[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

The total gold vale is $7T. If the bitcoin reach the same valuation, the price could be $350k for each bitcoin.

it's much more than 350k, because with a 7T marketcap would mean more than 1000x(1200x) what it is now(almost 6T), so 370 x 1200, around $450k, one bitcoin

[JAyThaRevo]

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.

It's not about making money. You're given the gold or bitcoin, and it's an equivalent value. If you are allowed to pick the safer option, why wouldn't you? Risk is definitely interesting, but stability is also nice.

I would go with bitcoin for sure as I believe in making quick money and bitcoin allows me to do that with its high price volatility, on the other end gold is stable and you cannot make quick money out of it, bitcoin makes me richer in short span of time.

[reputedchain]

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.

It's not about making money. You're given the gold or bitcoin, and it's an equivalent value. If you are allowed to pick the safer option, why wouldn't you? Risk is definitely interesting, but stability is also nice.

I think I'm going for gold. If you have gold then you keep it in a bank or even at home.
If you keep going Bitcoin online is the chance that you can be hacked and that is not so fine. Gold is something you can not hold, Bitcoin not.

That's true but how much amount of gold you can carry? I think there are certain limitations to carry gold even if you are traveling overseas, you cannot carry physical gold in large quantity or you will be stuck at customs, but with bitcoin you can carry n number of coins in your digital wallet and no one would be aware about it.

[diodio5]

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.

yeah I think the heyday of gold is over, the gold price will not rise too high, and will usually go down,
so maybe you should switch to bitcoin

[jokerrj]

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.

yeah I think the heyday of gold is over, the gold price will not rise too high, and will usually go down,
so maybe you should switch to bitcoin

Yeah but gold is always better in long run, as the future of gold is safe, as we are not sure about the future price but we are sure that gold will never disappear, but same doesn't goes with bitcoin, what if bitcoin disappears in future? You would end up loosing all your investments.

[gilangIDR]

for the long term gold remains a very appropriate choice. especially for me.

[blackmachinegun]

for the long term gold remains a very appropriate choice. especially for me.

You know the last 10 years the price of gold has decreased, not price increases,
people began to move out of gold,
you still want to try for gold as long-term investments?

[MTBTT]

I agree that the "gold began obsolete" deserves to be abandoned, as many people know bitcoin, surely they would switch

[Newcoins2020]

I prefer gold. Gold is in fact one thing that you can hold and can not just disappear.
Bitcoin is digital and can suddenly be lost, and I do not want. I'm sure if I have that I can sell that gold.

Bitcoin to know is you're not sure if it's real. Because you do not see it in real life

[equilibriator]

Gold and traditional bank accounts for large amounts and things that need lower risks with lower profit potential, BTC as a short term risky investment with amount of money that the user is ready to risk.

[chennan]

for the long term gold remains a very appropriate choice. especially for me.

You know the last 10 years the price of gold has decreased, not price increases,
people began to move out of gold,
you still want to try for gold as long-term investments?

Not exactly... it's been going down for the past 4-5 years or so, ever sense the economic "bailouts" of the major recession of 2008. 





Even though the S&P is a little dated, that's still about where we stand as of right now.  You can see that the price of Gold has been following the trend of when economic prosperity ensues, you have people getting out of gold... and when you have economic devestation, like the 2008 financial collapse, gold rises.  It's been this way for a number of years now, and is a good bet to take if you think the economy is going down the tube in the long run of things.

So will it still decline? No, I don't think so... I don't believe in the fiat system, and believe the economic bubble the fiat system is based on right now will inevitably collapse again.  This time, instead of mortgages being the issue; I can see oil and start up companies being the issue that turns the S&P and other countries economies into dust.

[TTMNewsMJ]

I will going to choose the bitcoin.
Because most of the people now is using the bitcoin as their real money.

[romero121]

for the long term gold remains a very appropriate choice. especially for me.

These days than gold properties looks to be a good long term investment. Suddenly if somewhere gold is found surplus while mining
we can see the value of gold going very low.

[ajun96]

I will going to choose the bitcoin.
Because most of the people now is using the bitcoin as their real money.

nope, I'm sure most people out there, still prefer gold to their investment choices, they maybe not know about bitcoin and there was also scared because the fluctuation

[srinikethan]

i would pick bitcoin.....because its too much fun:p