There is but only if you buy from a merchant, if you buy from exchange then it has tiny premium





Haha thats not a valid argument. From a risk/reward standpoint:

-the safety of not telling your neighbors that you have gold bars in your closet VS they finding out and stealing it is tiny

I mean the risk of losing the gold is enormous, and the safety is tiny, especially in europe where you are not even allowed to own guns.


If you buy a safe then its even higher because that raises suspicion....


If you live in a house you can hide it more easily, but in an apartment, no chance. Home invasion & robbery is inevitable if you have gold bars in your apartment.

a £25k gold bar is the size of smart phone.

Really not that hard to hide a few of them.

This is the difference between gold and bitcoin.
Gold's price increases.
Bitcoin's price decreases.

I`d convert all my wealth into gold , golds value may drop in ten years but the worth of it
will not vanish. bitcoin it may rise in ten years or it may drop to the point of being worthless,
and from what i can see right now bitcoin is unstable.

Practically yes, you can own millions of dollars value in a piece of paper that have you bitcoin wallet details.
You just made me to change the secret "safe case" and bring it to a pen that has USB to store the .dat backup.
Bitcoin is heavy and the transfer (buy and sell) to others takes a lot of time comparing to bitcoin which is in few seconds.

Love gold, but moves slowly and im a risk taker so for me is bitcoin as it came in handy a few times without fail

The revolutionary aspect of bitcoin is that it shouldn't need an institution. Institutions can be controlled, and by extension the currency/payment system would be controlled as well.

That is true but every halving the reward you get on block chain will be cut in half
Thus the price of bitcoin increases. Bitcon is unstable just like any other currencies
So the decrease of price is normal.

Bitcoin is still considered as new currency or commodity and do not have any solid base to decide on price but it only depends on demand and supply so its prices are quite volatile and it can move any direction quite fast. But gold has solid history of giving profits over the time and its prices will not move so fast so gold considered as better investment option for long time. I put my small portion money in bitcoin but most in gold.