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One Bitcoin or two 1oz Gold Eagles?

OverdateOverdate Posts: 7,016 ✭✭✭✭✭
edited October 12, 2017 6:17AM in Precious Metals

Which do you think will be worth more 5 years from now?

My Adolph A. Weinman signature :)

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Comments

  • PerryHallPerryHall Posts: 46,228 ✭✭✭✭✭

    Two AGE's.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭

    I'll always choose physical....I'll take the two AGEs

    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • bonkroodbonkrood Posts: 796 ✭✭✭

    AGE's for the Ages

    image Steam Power
  • MsMorrisineMsMorrisine Posts: 33,238 ✭✭✭✭✭

    bitcoin when it is down to $1500, the sell when it is at $2400, then 2 AGE

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • derrybderryb Posts: 36,938 ✭✭✭✭✭

    two birds in the hand are worth more than one in the bush.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • 1630Boston1630Boston Posts: 13,786 ✭✭✭✭✭

    Gold :smile:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    AGE's.... definitely.... I would post a short 'poem' here, but it is just a tad risque'... so I will refrain... unless, of course, I get a bunch of requests.... :D Cheers, RickO

  • ashelandasheland Posts: 23,231 ✭✭✭✭✭

    Gold, please. :)

    My YouTube Channel

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,363 ✭✭✭✭✭
    edited June 5, 2017 8:12AM

    Gold is pretty and pretty is as pretty does. That pretty much sums it up.
    Then again, the day will come when a loaf of bread is valued more than gold. Oh wait... that time already came and went.

  • derrybderryb Posts: 36,938 ✭✭✭✭✭
    edited June 5, 2017 4:30PM

    simple way to speculate with bitcoin

    And remember, bitcoin is a currency (digital) not a precious metal.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • SangoSango Posts: 177 ✭✭✭

    Easily the gold

    Easily. The inflation of blockchain coins is nigh.

  • FellintoOblivionFellintoOblivion Posts: 280 ✭✭✭

    Gold Eagles will still be gold 5 years from now.

    Will BitCoins still be bits?

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    All is in flux. I don't believe boom-bust precedents apply. I, too, prefer gold, but more out of an inclination to cling to the familiar than to the unknown.


    Here's a warning parable for coin collectors...



  • Natchez14Natchez14 Posts: 81 ✭✭
    edited June 6, 2017 3:56AM

    I'll play the contrarian. I expect bitcoin to be worth twice as much as 2 AGE's in 5 years.
    And I expect that folks will still be knocking it.

    Edit to add prices June 4, 2017.
    Gold $1280.
    BTC $2600.

    It'll be fun to check back in 5 years! I hope they are both through the roof.

    Successful transactions with Schmitz7, Bigbuck1975, chumley, CCHunter, Smittys, Gerard, Tookybandit, MorganMan94, LogPotato, coinlieutenant, GoldCoin98, pcgs69, Kccoin, ajaan, JBN, BLee23,....

  • metalmeistermetalmeister Posts: 4,586 ✭✭✭✭✭

    I would be inclined to own something with a 5000 year track record as wild as it has been. Gold will still be around after a Massive solar X- flare

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • derrybderryb Posts: 36,938 ✭✭✭✭✭

    Be vary careful with GBTC

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • OverdateOverdate Posts: 7,016 ✭✭✭✭✭

    Update: One Bitcoin or two four 1oz Gold Eagles?

    My Adolph A. Weinman signature :)

  • 1630Boston1630Boston Posts: 13,786 ✭✭✭✭✭

    Gold for now, for me :smile:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • PerryHallPerryHall Posts: 46,228 ✭✭✭✭✭

    The rapid rise in the value of bitcoins sounds like the Dutch tulip bulb hysteria of the 17th century. You don't want to be holding them when the music stops.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • AUandAGAUandAG Posts: 24,780 ✭✭✭✭✭

    Today 10/12/2017
    Gold: $1,293
    Bitcoin: $5,500

    I bought neither..

    bob :(

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Gold of course !!! :)

    Timbuk3
  • CoinCrazyPACoinCrazyPA Posts: 2,899 ✭✭✭✭

    I am in for the gold.

    Positive BST transactions: agentjim007, cohodk, CharlieC, Chrischampeon, DRG, 3 x delistamps, djdilliodon, gmherps13, jmski52, Meltdown, Mesquite, 2 x nibanny, themaster, 2 x segoja, Timbuk3, ve3rules, jom, Blackhawk, hchcoin, Relaxn, pitboss, blu62vette, Jfoot13, Jinx86, jfoot13,Ronb

    Successful Trades: Swampboy,
  • PokermandudePokermandude Posts: 2,713 ✭✭✭

    You need gold to make computers to store and use bitcoins.

    You don't need bitcoins to buy gold.

    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • USASoccerUSASoccer Posts: 445 ✭✭✭

    @Overdate said:
    Which do you think will be worth more 5 years from now?

    Bitcoin...ducks for cover.

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    "Which do you think will be worth more 5 years from now?"

    No one knows. Cryptocurrencies are uncharted water. Governments can outlaw them (e.g. China), but there doesn't appear to be a way to control them. That appears to have been the basis for the efforts among the Chinese to acquire them (and why the government outlawed them).


    Here's a warning parable for coin collectors...



  • jmski52jmski52 Posts: 22,899 ✭✭✭✭✭

    I'd be selling that bitcoin and buying gold eagles right now, but that's just me.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • jmski52jmski52 Posts: 22,899 ✭✭✭✭✭

    Two little words come to mind......................."kill switch"

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • guitarwesguitarwes Posts: 9,266 ✭✭✭

    Bitcoin no doubt. Probably at least 20X as much as gold price in 5 years. But by that time the US Dollar price won't matter because of hyperinflation. All that will matter is the value of what you're holding against what things are worth to everyone.
    Bitcoin to be over 8X the USD price of gold now by spring of next year.

    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,363 ✭✭✭✭✭

    How does one purchase a Bitcoin ? It’s easier finding an ounce or ten of gold. The mining is already done.

  • BaleyBaley Posts: 22,661 ✭✭✭✭✭

    @jmski52 said:
    I'd be selling that bitcoin and buying gold eagles right now, but that's just me.

    Well, you'd have to have bought some bitcoin before right now, wouldn't you, in order to have any to sell?

    Unless you're suggesting you'd short sell them?

    Myself, watching crypto currencies only.
    No interest in participating, but good show!

    Liberty: Parent of Science & Industry

  • LukeMarshallLukeMarshall Posts: 1,983 ✭✭✭✭✭

    @TwoSides2aCoin said:
    How does one purchase a Bitcoin ? It’s easier finding an ounce or ten of gold. The mining is already done.

    https://www.coinbase.com is one company within the united states (and up to date with licencing , and also registered as a Money Services Business with FinCEN.)
    where users can buy a bitcoin®

    https://localbitcoins.com pairs people up buying and selling the digital currency...

    And

    Another alternative is one of the many Crypto-Currency ATM machines in which a comprehensive list of exists and is being updated here ->https://coinatmradar.com

    :# hopethathelps

    It's all about what the people want...

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    edited October 18, 2017 10:00AM

    Tread lightly. Both Coinbase and Localbitcoins have lots of harsh reviews (as do lots of other analogous sites). It's really the Wild West out there!


    Here's a warning parable for coin collectors...



  • mvs7mvs7 Posts: 1,662 ✭✭✭✭✭

    The gold, please. Cryptocurrencies can still maintain privacy, but if you are robbed/hacked, you really have little recourse. Of course, there's also the issue of a possible bubble...

  • OverdateOverdate Posts: 7,016 ✭✭✭✭✭

    One Bitcoin or two six 1oz Gold Eagles?

    Hard to believe I started this thread less than six months ago!

    My Adolph A. Weinman signature :)

  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    @ricko said:
    AGE's.... definitely.... I would post a short 'poem' here, but it is just a tad risque'... so I will refrain... unless, of course, I get a bunch of requests.... :D Cheers, RickO

    I am requesting please

  • BanemorthBanemorth Posts: 986 ✭✭✭

    Crypto right now reminds me of the dot com boom of old except with the potential to be far more disruptive to the global economy.

    Justin From Jersey

    Successful Transactions With: JoeLewis, Mkman123, Harry779, Grote15, gdavis70, Kryptonitecomics
  • KkathylKkathyl Posts: 3,762 ✭✭✭✭✭

    Eagles for sure. I would not feel that comfortable with all the drama

    Best place to buy !
    Bronze Associate member

  • mvs7mvs7 Posts: 1,662 ✭✭✭✭✭
    edited November 17, 2017 9:57AM

    Still going with the AGEs. Silver bugs constantly point to Silver/Gold ratio as reason to invest in silver over gold: "Historically High Silver/Gold ratio!!!". Well guess what: we can now do the same thing with Gold/Bitcoin ratio: "Historically High Gold/Bitcoin ratio!!! BUY GOLD!" :D

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    edited November 17, 2017 7:50PM

    Here's a poem:

    Such a treasure to behold

    Is this my bounteous stack of gold!

    But wait! I’ve come to grief, alas,

    As Bitcoin kicks my treasure’s ass!

    Burma Shave


    Here's a warning parable for coin collectors...



  • TwoSides2aCoinTwoSides2aCoin Posts: 44,363 ✭✭✭✭✭

    Traded a Bitcoin for 6 ounces of gold.

  • bronco2078bronco2078 Posts: 10,244 ✭✭✭✭✭

    @dpoole said:
    Here's a poem:

    Such a treasure to behold

    Is this my bounteous stack of gold!

    But wait! I’ve come to grief, alas,

    As Bitcoin kicks my treasure’s ass!

    Burma Shave

    could we see a burma-coin? ?????

    I just tried to buy that domain name , but its taken

    Once again my plans have been foiled by the sovereign nation of Myanmar :/

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,363 ✭✭✭✭✭

    One bitcoin or $8k FV in 90% U.S.silver coinage (junk) ? Let’s see the cash.(stuff)

  • metalmeistermetalmeister Posts: 4,586 ✭✭✭✭✭

    gimme a little Silver, a little Gold, what did you bring me my dear friends.....

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • jdimmickjdimmick Posts: 9,691 ✭✭✭✭✭

    don't care anything about it, and don't understand it entirely, although a customer who came in last week, probably explained it better than anybody else I have talked too in the past.

    Bitcoin will be worth 10 1 age in the very near future. My customer has literally become philthy rich trading it since its inception. and the boy is only about 30

  • OverdateOverdate Posts: 7,016 ✭✭✭✭✭

    One Bitcoin or two seven 1oz Gold Eagles?

    Took only 10 days to go from six Gold Eagles to seven Gold Eagles!!

    My Adolph A. Weinman signature :)

  • PerryHallPerryHall Posts: 46,228 ✭✭✭✭✭

    @Overdate said:
    One Bitcoin or two seven 1oz Gold Eagles?

    Took only 10 days to go from six Gold Eagles to seven Gold Eagles!!

    Sounds like a bubble ready to burst any time now. I'll take the 7 AGE's.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • 1630Boston1630Boston Posts: 13,786 ✭✭✭✭✭

    Still gold for me :smile:

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • OverdateOverdate Posts: 7,016 ✭✭✭✭✭

    @Overdate said:
    One Bitcoin or two seven 1oz Gold Eagles?

    Took only 10 days to go from six Gold Eagles to seven Gold Eagles!!

    Make that 7.5. It took less than 18 hours to another half eagle to the price!

    $9630

    My Adolph A. Weinman signature :)

  • guitarwesguitarwes Posts: 9,266 ✭✭✭

    Still ain't too late folks. The ship is still loading, hadn't taken off yet. 2018 will be full steam ahead.
    You don't HAVE to buy Bitcoin. A lot of other ones are going to do VERY well also. Litecoin (LTC) as an example.

    @ Elite CNC Routing & Woodworks on Facebook. Check out my work.
    Too many positive BST transactions with too many members to list.
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