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Author Topic: Bitcoin or Gold? What would you pick?  (Read 298881 times)
panju1
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October 10, 2014, 01:46:39 AM
 #521

Sounds racist to me, all golds disadvantage will be held as advantages by someone else as some just prefer the tangible over the theoretical instant magic of bitcoin.   Weight could be useful as it only takes a small amount for worth, just a gram of gold is substantial amount of cash in many countries and will pay a weeks bills.    It relates to compactness, I know not BTC is lighter then air :p but its no longer physical at that point.  The weight relates to coin definition as well

Agree. As far as the tax aspect is concerned, death and taxes cannot be avoided, even if you use bitcoins.  Smiley
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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October 10, 2014, 05:13:49 AM
 #522

Bitcoin shares a number of characteristics with gold. Both are limited in nature, both are created by a process of mining

Satoshi would be willing to create the digital gold ?
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October 10, 2014, 12:43:29 PM
 #523

Ok.. Let me just say this, I will go for bitcoin if it will reach $1000 at the first half of 2015.

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October 11, 2014, 08:22:41 AM
 #524

Bitcoin shares a number of characteristics with gold. Both are limited in nature, both are created by a process of mining

Satoshi would be willing to create the digital gold ?

Gold has lasted for centuries as a store of value. Hope bitcoin does the same.  Smiley


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October 11, 2014, 09:34:50 AM
 #525

gold and bitcoin
whats ur choice?
bitcoin the best for shoping
gold the best for investment.  Cool

The problem with gold investment is that the price of gold is being manipulated. the big players have been FUDding up gold price, sold gold to the noobs and now are pulling levers to get gold down again, so they can buy back.

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October 11, 2014, 05:27:11 PM
 #526

Today... gold. Obviously.
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October 12, 2014, 02:26:25 AM
 #527

gold and bitcoin
whats ur choice?
bitcoin the best for shoping
gold the best for investment.  Cool

The problem with gold investment is that the price of gold is being manipulated. the big players have been FUDding up gold price, sold gold to the noobs and now are pulling levers to get gold down again, so they can buy back.

If gold can be manipulated that easily then its losing its point somewhat.   The idea is that gold is a non leveraged asset not part of the wider trading dynamics and political bias that normal cash now has.
Gold price is still greatly up just not near term, that is typical of a free market if anything.  No  seller or consumer is served exclusively, many mines are struggling to make profit.

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October 12, 2014, 06:04:09 AM
 #528

gold and bitcoin
whats ur choice?
bitcoin the best for shoping
gold the best for investment.  Cool

The problem with gold investment is that the price of gold is being manipulated. the big players have been FUDding up gold price, sold gold to the noobs and now are pulling levers to get gold down again, so they can buy back.

On one hand you are right but on the other hand the fact that the price is manipulated to be low is an opportunity to buy low before they can't hold the price anymore

deal
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October 12, 2014, 01:50:13 PM
 #529

Honestly I'd pick gold.  Wink Because i already have some bitcoin but no gold in possession.
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October 13, 2014, 03:57:52 AM
 #530

Gold is no better than BTC in terms of its value is based on what people will pay for it. Warrent Buffet refuses to invest in gold for that reason

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October 13, 2014, 11:27:48 AM
 #531

Gold is no better than BTC in terms of its value is based on what people will pay for it. Warrent Buffet refuses to invest in gold for that reason

There is no direct revenue from your holdings but buying Gold or Bitcoin are a great bet when you know the USD will collapse and the US and European State intervene too much in their respective economies which will have dire consequences for them

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October 13, 2014, 11:59:54 AM
 #532

Gold is no better than BTC in terms of its value is based on what people will pay for it. Warrent Buffet refuses to invest in gold for that reason

In fact, Bitcoin is an improved version of gold.
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October 13, 2014, 01:12:50 PM
 #533

Gold..Tested by time.. Gold can be sold anywhere in the world. There are a lot of things bitcoin couldnt do that gold can do.

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October 13, 2014, 01:18:36 PM
 #534

Gold..Tested by time.. Gold can be sold anywhere in the world. There are a lot of things bitcoin couldnt do that gold can do.

Name 1. Go read this piece by Erik Voorhees from 2012 and educate yourself http://evoorhees.blogspot.nl/2012/04/bitcoin-libertarian-introduction.html
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October 13, 2014, 01:22:38 PM
 #535

Gold for long investment  >10 years .Why ? small profit but im sure gold price will always up every year.
BTC for short investment < 2 years.


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October 14, 2014, 01:35:57 AM
 #536

Gold for long investment  >10 years .Why ? small profit but im sure gold price will always up every year.
BTC for short investment < 2 years.



People usually think the other way around. No matter what might happen in the short term, bitcoin is going to massively rise in the long term.


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October 14, 2014, 09:09:13 AM
 #537

Gold for long investment  >10 years .Why ? small profit but im sure gold price will always up every year.
BTC for short investment < 2 years.



People usually think the other way around. No matter what might happen in the short term, bitcoin is going to massively rise in the long term.

Yes. If Bitcoin 1.0 dies out, Bitcoin 2.0 will come.
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October 15, 2014, 01:51:12 AM
 #538

Gold for long investment  >10 years .Why ? small profit but im sure gold price will always up every year.
BTC for short investment < 2 years.



People usually think the other way around. No matter what might happen in the short term, bitcoin is going to massively rise in the long term.

Yes. If Bitcoin 1.0 dies out, Bitcoin 2.0 will come.

Bitcoin dieing is not some thing that people in this forum believe can happen.  Grin

jimmy01
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October 15, 2014, 03:56:10 AM
 #539

What if physical bitcoin that made of gold? Cheesy that is possible right? but what is the value? according to gold or to bitoin? Cheesy
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October 15, 2014, 11:45:08 AM
 #540

What if physical bitcoin that made of gold? Cheesy that is possible right? but what is the value? according to gold or to bitoin? Cheesy

It's allready been done Wink

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