If you had to choose between BTC and Gold

Which would you invest your $ in?

  • BTC

    Votes: 3 15.0%

  • Gold

    Votes: 17 85.0%
  • Total voters
    20
Pointless discussion. Based on assumptions. Not enough information.

Over the next 6 months, probably gold due to the trade war. In 10 years time, maybe Bitcoin or some other generally-accepted digital asset.
 
I wonder how the rapidly approaching quantum computing capacities will affect BTC, especially security. To say nothing of EMP possibilities, either local or more system wide. To me with so much international chaos probable, I will stick with time tested Gold for wealth preservation and insurance. The buying trend by some important central banks is increasingly important in signaling the probable future that it will play, in a world of massive money printing by the Fed and others.
 
Scataphagos said:
I've wondered... if/when BTC goes the way of tulip bulbs... will the BTC believers question, "how could I have been so foolish"?
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That fairly optimistic Scata- @ least with a tulip, you had a nice looking flower.[Partial disclosure, my dad's bank, year's ago, did a promo, name ''Tulip Time Stainless Steel Flatware'' Looked like silver, but simply good table ware.LOL]:cool::cool:, :cool::cool::cool::cool::cool::cool::cool:
 
johnarb said:
How so?
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"A bitcoin (XBT) is currently valued at about $7,000. While that's still significantly below its peak price of just under $20,000 two years ago, it's substantially higher than the fractions of a penny that one bitcoin cost at the beginning of the Twenty-Teens."

It is assuming people actually did invest 1 dollar in BTC and held onto it for 7-to-9 years. How many people have done that?

Can say the same thing about any stock that started low when they first became available to the public and have since soared to record heights.

It is all hindsight "shoulda coulda would" bullshit reporting.
 
Overnight said:
"A bitcoin (XBT) is currently valued at about $7,000. While that's still significantly below its peak price of just under $20,000 two years ago, it's substantially higher than the fractions of a penny that one bitcoin cost at the beginning of the Twenty-Teens."

It is assuming people actually did invest 1 dollar in BTC and held onto it for 7-to-9 years. How many people have done that?

Can say the same thing about any stock that started low when they first became available to the public and have since soared to record heights.

It is all hindsight "shoulda coulda would" bullshit reporting.
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So are you saying btc is like any investment asset that someone could have invested in and held, like buying Amazon at a few dollars pre-split 20 years ago? You're validating the BofA research more than you think. No one's talking about Woulda Coulda Shoulda, if you bought 10,000 btc's for 2 pizzas worth, you'd be crazy to sell them all, surely, you'd hold a few hundred or thousands of btc's worth $millions, wouldn't you?

Anyway, the poll is about "which would you rather invest in". I did not vote on this thread, as I voted in real life, all-in cryptographic digital assets portfolio, but here you are saying coulda woulda shoulda, as if bitcoin is dead or gold has become worthless. The game is not over and I have an idea which way you voted.

And in case you missed this video:

 
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