I would keep the gold in hand and never sell it for 10 years, while I would't keep Bitcoin in hand with no transaction. In somehow, the Bitcoin is just an invstment and I have to let it go and back for interest.

Yes gold is better than bitcoin if you ask me but we must see the progress too. Gold, the price is always rise every year but it is more stable so if you invest in a long term I guess gold is the best but if you want it in a short term bitcoin is good too because the volatile price we can earn random profit and we can earn more that we can imagine so both of them is good. Just invest in both of them 

Yeah I put Gold over Bitcoins. Can't afford to trust on bitcoins as its existence is only since last 6 years but the Gold is traditional and trustworthy. So investing in Gold is an best option to look for as people trust Gold more then any other products and good returns are definitely possible.

I know that most people are oblivious, but the point is, we dont care. Bitcoin doesnt have to be adopted by every single person, it only needs 5-10% of the population, and then we can have our separate economy here.

If the other losers dont want to join the club, whatever, we wont care, but they will lose not us.


Well the volatility is only temporary, the more people use it the less volatility. Secondly do you think the FOREX markets are a flat line or what?
Every single currency is volatile, however in a EUR/USD market you only see like 300-400 pips movement in a day, because it's so giant,so this really proves that volatility will decrease over time.

Then, average Joe will not lose anything. Dumb people will mostly use online wallets, because they are too stupid to setup an offline cold storage.
So that is just like an online bank account, it can be insured, and it will have customer support.

I really dont see anything different between the methodology (of course the structure is different) how BTC will be handled, in comparison to ONLINE BANKING.

Then again, I dont think average people care about volatility, they already lose like 5-10% yearly due to inflation, so an average Joe will most likely not care at all.

I dont even agree with that, see the USD drop early this year:



Did people freaked out and stopped using the USD?

No they didnt, probably most average guys dont even know about this drop. Do you really think average people look at financial charts?

Just like in forex, if you do business with large transactions, you can insure your foreign currency risk with futures. Not speculating with futures, but being on the other side.

Yes, the UTXO set has grown. Not the price, so be it. Lots of things in the real world has had value loss the last two years, in fact most commodities. Not all fiats, that is because the common yardstick for a fiat is another fiat, or a basket of fiats.

Deisik, you are a borderline troll, because whatever reason and logic is thrown at you, you just churn out the same old babble.

And how often do we see major currencies lose over 10% of value in a matter of days? You say that fiats lose like 5-10% annually in value, but annually is a bit different than daily, right?

I prefer to invest in both   as neither gold nor bitcoin guarantees you the profits so its better to invest part of the money in gold and rest in bitcoin so in future even if I have to suffer loss from one then there would be a chance to recover that loss from the other product  

I have both.  Diversification is always best.  Even though I believe in the long term viability of BTC, I would be an idiot to not have a Plan B