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Author Topic: Bitcoin Or Gold?  (Read 1503 times)
cryptocurrencylive (OP)
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July 03, 2014, 02:10:00 PM
 #1

Bitcoin Or Gold?

http://humanevents.com/2014/07/03/bitcoin-or-gold/

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guybrushthreepwood
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July 03, 2014, 02:16:02 PM
 #2

This seems to be discussed at least once a week, but as far as a currency or an investment bitcoin always wins. Gold isn't good at all as a currency but I guess it has intrinsic value as a precious metal.
Nathan101
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July 03, 2014, 06:59:43 PM
 #3

I don't think Gold is the right option for using as a medium of exchange. So i must go with BTC.

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July 03, 2014, 11:23:52 PM
 #4


Never put all your balls in the same basket.

So, both... Bitcoin and Gold Smiley

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July 03, 2014, 11:35:52 PM
 #5

Bitcoin, gold and silver. All have their benefits. I wouldn't put all my eggs in one basket.

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July 04, 2014, 12:12:09 AM
 #6

I would say half gold and half bitcoin. Gold has survived thousands of years, it will not go down that easily.

bitgeek
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July 04, 2014, 01:35:46 AM
 #7

Bitcoin - easier to transport and divide.


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July 04, 2014, 02:06:19 AM
 #8

In China, I choose both Bitcoin and Gold.
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July 04, 2014, 04:35:18 AM
 #9

Definitely both, but I would overweight bitcoin as it can also be used to engage in commerce

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July 04, 2014, 04:38:49 AM
 #10

Forget about gold
Stick to cryptos with a core position in Btc and diversify into other promising alts

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July 04, 2014, 05:09:27 AM
 #11

This seems to be discussed at least once a week, but as far as a currency or an investment bitcoin always wins. Gold isn't good at all as a currency but I guess it has intrinsic value as a precious metal.

Yep it's one of those long recurring topics that gets put up now and then, anyways I have a default answer now.
It's a gold coin with a holographic symbol that leads to my Bitcoin balance

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Ron~Popeil
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July 04, 2014, 05:11:08 AM
 #12

I have some of both. I intend to keep buying bit coin. Long term it seems to have more potential and to be more useful.

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July 04, 2014, 05:34:13 AM
 #13

Stop! Are you kidding? Over the metals, you always buy Bitcoin. Nothing more, nothing less. Don't get sucked into
Bull (capital S) w/ a hit if ya know what I mean.

And yeah, I have both.
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July 04, 2014, 06:40:49 AM
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I've done some gold trading before. Now I have to say that bitcoin is better. if you want to diversify your portfolio, might as well keep money in both.

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July 04, 2014, 07:03:39 AM
 #15

It depends, everything can change. Imagine that you live in cuba. You prefer gold because you don't have internet conection.
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July 04, 2014, 07:10:06 AM
 #16

It depends on how much you want to risk. Gold is much safer i think. The price can go a little bit up or down, but not so fast as for bitcoin. With bitcoin you can make a lot of profit in a short time if you have chance, or loose a lot in a short time. The future is not so sure as for gold. 50/50 for BTC and GOLD is good i think.
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July 04, 2014, 08:33:06 AM
 #17

So bitcoin is going to take off this month into the beginning of august. So shove all your money into btc then sell near the high and put half of your profit in gold then buy back into bitcoin once its crashed. Boom lots of money.
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July 04, 2014, 08:40:14 AM
 #18

Just get them all
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July 04, 2014, 08:47:26 AM
 #19

Gold is much safer, bitcoin is more profitable. If you are willing to take risks, choose bitcoin because it has massive potential.

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July 04, 2014, 07:25:22 PM
 #20

Imagine that you live in cuba. You prefer gold because you don't have internet conection.

Internet penetration in Cuba in 2011 (~25%) was several orders of magnitude greater than Bitcoin penetration in the free world today.

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