Bitcoin or Gold? What would you pick?

[tee-rex]

Carrington events have happened thousands of times in earths history but only given a name 1859.  We (earth) were lucky two years ago when a very extreme event missed earth by a few days. (rotation of the sun etc.etc.)  If luck wouldn't of been with us we wouldn't be on this forum now. Or would any electronic transaction of any kind happened from that day till ??  But the couple of days of 24hr continuous Aurora Borealis seen from any and everywhere would of be damn cool.

What happened two years ago that could have devastated Earth, some anomalous solar activity?

[Dabs]

I'll get some bitcoin now, then I'll get some gold later. But it's more likely that I'll have more bitcoin (in terms of fiat value equivalent) than gold.

[66tbird]

Carrington events have happened thousands of times in earths history but only given a name 1859.  We (earth) were lucky two years ago when a very extreme event missed earth by a few days. (rotation of the sun etc.etc.)  If luck wouldn't of been with us we wouldn't be on this forum now. Or would any electronic transaction of any kind happened from that day till ??  But the couple of days of 24hr continuous Aurora Borealis seen from any and everywhere would of be damn cool.

What happened two years ago that could have devastated Earth, some anomalous solar activity?

Yes, and down played by the main stream media so plans and provisions could be made and collected. ( i.e. ammo shortage and FEMA growth)
http://science.nasa.gov/science-news/science-at-nasa/2014/02may_superstorm/

[lynn_402]

I think for now i will choose Gold because Bitcoin is dropping for now.

That's a weird logic. If Bitcoin is down at the moment and you're bullish long-term, this would be a great time to buy.

[ticoti]

gold is now highly overvalued and bitcoin is undervalued,definitely bitcoin

[planbpay]

Gold
Anyday

[blumangroup]

Bitcoin simply because of how much easier it is to use. You can buy anything with bitcoin directly, whereas gold needs to be exchanged before it can be used to purchase something.

[transient858]

Bitcoin simply because of how much easier it is to use. You can buy anything with bitcoin directly, whereas gold needs to be exchanged before it can be used to purchase something.

Did you factor in the risk of holding bitcoin? 2 BTC might get you a nice dell pc today but it may cost twice as high a few weeks from now.

[STT]

That is the point of a bar of gold.  It will never change, the price will but the actual thing itself is not altering ever.  I know bitcoin is in theory the same but it does not have that outright elemental existence, we speculate its propagation and use will improve

gold needs to be exchanged before it can be used to purchase something

Goto Vietnam and you can buy a house with gold directly, I think because their currency is less stable they are happy to take the gold and the buyer need not fear losing value as much overnight plus the banks are all communist I guess.
Im sure its also true elsewhere, ( its been 14 years since Swiss dropped gold coins ) but can the same be said of bitcoin.  Probably bitcoin is less commonly known still and available in the countryside so I doubt its as used, even if we argued stability or usability were equal

[Swordsoffreedom]

I'll get some bitcoin now, then I'll get some gold later. But it's more likely that I'll have more bitcoin (in terms of fiat value equivalent) than gold.

Never hurts to diversify
Although since its you dabs you probably could go minting your own gold coins with QR codes
Seems like the better idea of the two ^_^

[Hash Master]

Both.

[korgayzubair]

Traditionally, investors are turned to gold to protect their wealth. But because of the weakness of gold over the past 24 months, famous Bitcoin is arrived which offer the potential for a store of value, low transaction costs, free movement, and anonymity. It have some advantages over conventional currencies. it allows peer-to-peer transactions that completely avoid the expensive and cumbersome bank-run electronic payment.

[Bogleg]

Wish I bought gold rather than bitcoin.

[tee-rex]

Wish I bought gold rather than bitcoin.

Did you buy bitcoins at $1100+ per coin?

[lynn_402]

Wish I bought gold rather than bitcoin.

You wouldn't have made any profit with gold either, its price barely moved in the last six months.

[boumalo]

Wish I bought gold rather than bitcoin.

You wouldn't have made any profit with gold either, its price barely moved in the last six months.

9.08% from January 1st 2014, it is a healthy raise!

When the USD collapse and the market understands that the FED is going to keep low interest rates and increase QE, Gold will rise to new highs

[JeffDeChesare]

Well, i just came into bitcoins before that i have collected few gold coins and silver bars but i'm liking bitcoin more than anything else.

[pitgar]

Maybe gold bitcoin coin

[66tbird]

I cashed in most of my btc a few days ago for silver. Looks like a good call so far since btc fell off a cliff and heading back to the mid 400's. The silver gold ratio is way off historical norms and the money going back into mining stocks has increased. Silver should have a greater percentage jump over gold  the next bull run.

Hopefully btc and gold/silver swings in general will be inverse of each other and the timings easy to read. Just swap a portion of the stash back and forth wisely.

[zedicus]

Traditionally, investors are turned to gold to protect their wealth. But because of the weakness of gold over the past 24 months, famous Bitcoin is arrived which offer the potential for a store of value, low transaction costs, free movement, and anonymity. It have some advantages over conventional currencies. it allows peer-to-peer transactions that completely avoid the expensive and cumbersome bank-run electronic payment.

24 months is a very short period when compared to the hundreds (some people think thousands) of years that gold has been used as a form of money. With bitcoin on the other hand 24 months is roughly 40% of the amount of time it has been in existence. As a result investors will likely be much more willing to wait for a rebound in the price of gold then they would be in the price of bitcoin.