Gold collapsing. Bitcoin UP.

[rpietila]

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

[Lowryder]

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

Would you rather take 30 of these:

http://www.usacoinbook.com/us-coins/gold-bar-1-kilo.jpg

Or 2700BTC?

If you cant take anything in between?

[cypherdoc]

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

Would you rather take 30 of these:



Or 2700BTC?

If you cant take anything in between?

I already made my choice and I'm sticking with it. 

[Lowryder]

BTC is a safer bet than gold imo

Did some math

Heres all the gold in the world:

http://demonocracy.info/infographics/world/gold/images/demonocracy-gold-all_gold_in_the_world-reserves-cube.jpg

All the Bitcoin ever mined is about 2,7 metres high cubic in gold current
Spot bid and BTC bid value.

[Wekkel]

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

Would you rather take 30 of these:



Or 2700BTC?

If you cant take anything in between?

2700 BTC if the current price is higher.

Gold safe bet is about 4x in the future (gold $5000) whereas Bitcoin still has at least 10x to go. It's about risk/reward.

[cypherdoc]

Beautiful recovery off the lows of the attempted sell-off from last night.

Buy hard.

[Lowryder]

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

Would you rather take 30 of these:

http://www.usacoinbook.com/us-coins/gold-bar-1-kilo.jpg

Or 2700BTC?

If you cant take anything in between?

2700 BTC if the current price is higher.

Gold safe bet is about 4x in the future (gold $5000) whereas Bitcoin still has at least 10x to go. It's about risk/reward.

But you can't really say. I personally own both. I see gold safest bet there is. BTC is still a mystery in long run. Have some just in case, but wont make a dent if BTC goes zero.

[justusranvier]

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

Would you rather take 30 of these:



Or 2700BTC?

If you cant take anything in between?

2700 BTC if the current price is higher.

Gold safe bet is about 4x in the future (gold $5000) whereas Bitcoin still has at least 10x to go. It's about risk/reward.

But you can't really say. I personally own both. I see gold safest bet there is. BTC is still a mystery in long run. Have some just in case, but wont make a dent if BTC goes zero.

Gold is an anchor that leaves you locked into a limited geographical area.

You can take 100% of your Bitcoin savings with you undetectably across any imaginary line on a map.

[Microbit001]

Never cared about gold prices, its very stable.

BTC rising is what everyone wishes 

[cypherdoc]

Never cared about gold prices, its very stable.

BTC rising is what everyone wishes 

sort of.  of course i'll point to the drop from 1923 to now as counter argument.

but there is a boatload of theoretical reasons why Bitcoin is superior as i've tried to document in this thread ad nauseum.  if my message was untrue, this thread wouldn't be so popular.  yes, it's still debatable, but i see a trend in sentiment and price.

[cypherdoc]

the plunge is coming.  you hear that Teebone?

[cypherdoc]

smack these bitches:

[cypherdoc]

smack these bitches:

oh, and use USD leverage 

[cypherdoc]

look at the pussies run.  now, time to add USD leverage:

[vuduchyld]

BTC is a safer bet than gold imo

Did some math

Heres all the gold in the world:



All the Bitcoin ever mined is about 2,7 metres high cubic in gold current
Spot bid and BTC bid value.

Fabulous.

[cypherdoc]

BTC is a safer bet than gold imo

Did some math

Heres all the gold in the world:



All the Bitcoin ever mined is about 2,7 metres high cubic in gold current
Spot bid and BTC bid value.

Fabulous.

now fit all the BTC in the world into that pic.

[wachtwoord]

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

Would you rather take 30 of these:



Or 2700BTC?

If you cant take anything in between?

Wow 2700 BTC will comfortably put you in the Validimir club. I'd take that any day of the week

[cypherdoc]

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

Would you rather take 30 of these:



Or 2700BTC?

If you cant take anything in between?

Wow 2700 BTC will comfortably put you in the Validimir club. I'd take that any day of the week

how'd you know all those bars were filled with tungsten?  oh, you didn't?

[wachtwoord]

BTC is a safer bet than gold imo

Not safer. It has a higher risk of going to zero. Much more +EV though.

Would you rather take 30 of these:



Or 2700BTC?

If you cant take anything in between?

Wow 2700 BTC will comfortably put you in the Validimir club. I'd take that any day of the week

how'd you know all those bars were filled with tungsten?  oh, you didn't?

Of course I didn't. I just assumed they were gold for this thought experiment.

[rpietila]

how'd you know all those bars were filled with tungsten?  oh, you didn't?

AFAIK the tungsten (W) bars are only used in insider operations where you are supposed to store gold (Au) in a vault, but swap them for bars of a cheaper metal, keep the gold in your private vault, and sell paper to the market to suppress the price.