which would you rather own
WingedLiberty1957
Posts: 3,007 ✭✭✭✭✭
1 Bitcoin worth 68,000
or
13 oz of gold
or
800 oz of silver
I still can't figure out why BTC is so high. Its basically a piece of digital code. I mean if something imaginary can be worth nearly 70k, why can't gold go that high.
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The gold is a no brainer however at these levels the BTC is severely undervalued.
BTC is capped at 21 million coins. There has been over 7 billion ounces of the Metal of Kings mined throughout history. As for the gutter, it's garbage. Not even the refiners want it. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
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Question about the 21 million BTC "coins". Since BTC is just digital and isnt actualy a "coin" ... that is, its not physical. And since BTC can be cut and traded in tiny pieces. For example you can trade 0.0001 BTC ... does it make any sense talking about a certain number of "coins" avail of BTC. If you instead were counting up the small pieces of BTC which can be traded, couldnt you say there were billions of these small pieces of BTC out there?
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The other problem i have with BTC, is there are thousands of crypto currencies out there. If BTC were the ONLY digital currency i guess i could see the point. But its just one of thousands. Maybe i just dont "get" BTC. But to each their own, right. I know there are lot of people that love crypto.
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this chart is interesting ... its a chart of BTC priced in Gold ounces
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I'll take the gold. Silver takes up too much room and bitcoin is a pyramid scheme based on nothing.
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
Gold= best lock in for solid value IMO
Bitcoin, most likely longer term upside
Silver = I think it's going up, but so volatile lately...
I think BTC is severely beat down, but I'd probably take the gold...
True, but through ongoing waves of new currencies all the time, BTC seems to consistently hold its own as the standout.
Physical gold
Why that’s the $64,000.00 question.
Sold 3000 oz silver at $32 last year.
Could have waited until this year.
Should have kept it. Did a swap for about 32 oz of gold. It was $3000 at the time. I think Bitcoin was about $105,000.00 then.
Today 3000 oz silver is $261,000.
32 ounces of gold is $163,500
1 Bitcoin is $68,000.
I like gold but silver performed way better and personally I think it has more tailwind than headwind.
``https://ebay.us/m/KxolR5
Anyone can pick a date and make a case for any of the above. At present time you can sell the bitcoin and the gold for it's spot price. The gutter, depending on the type.....well not so much. Unless of course it's the paper gutter. Theres a paper price and then there's a physical price. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
I’ll take the Au.
Since I already have both at this moment in time I would take the 800 ounces of silver.
I believe it has more upside.
definitely NOT turdcoin
COPPER is gutter !

6.5 ounces of gold and 400 ounces of silver.
Philippians 4:4-7
Gold
Like someone posted above, I agree that the optimal strategy is 50% in gold and 50% in silver. They serve different functions. Gold is purely monetary and has a lot of support from the buying of gold by other nations. Gold is also easier to store and port. Silver is both monetary and industrial and has much bigger upside IMHO. However Silver is much more volatile than Gold. So the swings up and down can be scary. If you have 1/2 in one and 1/2 in the other, you can have the stability that gold offers with the added upside of silver. If I owned any crypto (and i don't), i would sell it all and put the proceeds into a 50/50 split of Ag and Au. Its funny but recently i've been getting the notion that Silver is the "new bitcoin circa 2011" ... crazy up and down moves ... but lots of upside.
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BTC is not a currency (too volatile), it hasn't proven itself to be a long term store of wealth (less than 20 years) and is coming more and more under government control in an attempt to reduce fraud. It has the confidence of a relative few that pump BTC but it gets dumped by those that are just shear speculating.
You can't jump into your bitcoin like Scrooge McDuck did with gold
Great question and something interesting to track say monthly.
I like gold /silver split approach but that option was not available.
I would go with Silver. The market for Ag has changed.
Loves me some shiny!
“Often wrong, but never in doubt.”
I am seeing the same thing. In a crowded crypto field, it seems logical that a lot of players may suddenly discover value in a cheep, volatile, currency that is actually also real monetary and industrial metal.
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silver isn't currency. currency is printed fiat crapola. silver is MONEY
COPPER is gutter !

Knowledge is the enemy of fear
Looks galvanized or galvalume. Not worthy for actual gutter lolz
COPPER is gutter !

50 pounds of #82. Pb. Very versatile with high utilitarian value.
Knowledge is the enemy of fear
Lead! All I mentioned and lead are used on roofs. #notguttermaterial lolzzz
COPPER is gutter !

Actually, very worthy gutter material...
AI Overview
Key Aspects of Lead Gutters:
Installation & Design: Lead gutters must be installed in bays with proper falls, and they generally require "drips" (small steps) to allow for expansion and contraction, rather than relying solely on sealant.
Types & Usage: Often used as "box gutters" or "valley gutters" to manage heavy rainfall, these are common on historic or premium residential properties.
Knowledge is the enemy of fear
ALUMINUM is gutter. Stop it. Lead is NOT gutter material. What spaceship did you enter Earth on hahahah
COPPER is gutter !

Actually it’s more effective with copper as jointing / soldering , not as the gutter itself. Aluminum is a cheaper replacement and it isn’t cheap, either.
I didn’t just pick a date. I do this for a living. BST metals. For the past 16 years. And for fifteen years before that had a metal roofing company with a few brothers. I’m giving the truest up to date facts over the past 9 months regarding three commodities (Bitcoin, gold and silver). Someone else is referring to an old trade of mine with lead or copper thanks to you and gutter. Just pick a date ? Sheesh. Let’s go back 30 years.
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31 oz of platinum.
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I agree that lead is not a suitable gutter material. It is not structurally sound enough to be mounted on a roof fascia.
However, it has been used as a type of roof flashing. It provides waterproofing, but must be entirely supported from underneath (a normal gutter must hang on the roof fascia without any support from underneath, and lead is no good for that).
Personally, I would never recommend using lead where there is water runoff. Copper or aluminum is better for that.
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I've been in roofing and gutter material sales my whole life. Lead is NOT on the gutter radar lolzzzzz
COPPER is gutter !
