1) All investments carry an element of risk but it is a sliding scale.  If you think the USD is a par with bitcoin then you are an idiot.

2) Everyone shouldn't be entitled to an opinion because you are an unqualified idiot.

3) I will continue to call idiots an idiot.

People love to keep making this statement, so I assume you have hundreds of bitcoin stashed away that you made through the price volatility?


If you dont think bitcoin is a high risk investment your an idiot.

Because every government and central bank in the world will just give up control of the countries monetary policy - NOT.

Fiat currency will be dead and digital currency will be the norm but it will be government issued, controlled and most importantly 100% tracked and traced.

Totally agree, 99% of people posting in this topic have no knowledge of gold and keep spurting incorrect "facts"

The usual crap includes :

1) Gold is difficult to store - A gold bar costing $43000 is the size of a smart phone, not hard to hide away safely.  If most of the bitcoin geeks here converted their bitcoin wealth to gold they probably wouldnt even have enough gold to make a tooth filling.

2) As above gold price is boring and doesnt move - gold is currently up 30% year to date.

3) Gold is hard to buy - There are numerous bullion dealers online - piss easy if you cant get to a physcial shop.

4) Gold is hard to sell - Either walk in to a dealer and sell on the spot or you can post fully insured and get paid the next day.

5) I.D requirements for buying - In the UK no I.D needed unless you spend over £5000 in 1 transaction or £10000 a year with 1 dealer.  Spread your buys around and no I.D will ever be needed.

6) I.D requirements for selling - In the UK none needed, I walked into a dealers a month ago and sold £50,000 over the counter no questions asked.

7) Legal tender gold coins are capital gains tax free, a big benefit for large gold investments over bitcoin.

8 ) Gold can easily be converted to cash in any town or city anywhere in the world.  Bitcoin is no where near that adoption rate.

9) The evil government will ban gold and steal it - How will they know you have it?  There are far more examples of bitcoin being banned in modern history than gold.

10) Gold degrades over time - no it doesnt

11) Fake gold - Dont buy it off some retard on ebay, stick to well known and trusted bullion dealers if you dont know what you are doing.

12) You can flee a country with all your bitcoin wealth on a memory stick not possible with gold - (a) I dont live a shit hole country so this situation is irrelevant.  (b) There are a lot of examples during wars of people bribing guards etc. with gold coins to save their ass.  As recent as "Desert Storm" pilots were issued gold sovereigns as part of their survival kit.

13) Gold has no 3rd party risk - no computers, network, exchanges, electricity required.

14) Bitcoin is easier to spend online - Thats what I have cash and debit card for, my investments are for investment and not daily spending.

15) You can trade bitcoin online you cant with gold - yes you can, have a look at bullionvault or goldmoney for example.

16) Its easy to make lots of money with bitcoins volatility, cant do it with gold - If its so easy to make lots of money with bitcoins volatility then why arent you all stinking rich instead of spending all your time on here

17) You can earn bitcoin through work, faucets etc. - Time is money, you can just as easily earn cash and just buy gold, its the same thing.

18) I would be very confortable having a significant chunk of my wealth stored as gold ready for my retirement in 25 years time, would you be as confident having the same investment held in bitcoin?

19) Security issues with bitcoin - trojans, worms, key loggers, hacked exchanges, scammers - Look at the number of people that have lost bitcoin on this site alone.  Show me any gold/silver stackers site with a whole section dedicated to scams - currently sitting at 124 page fulls here (you wont find one)

I totally agree, all religions should be scrapped and people should realise they are a man made creation to control other men.

You never see a poor religious leader, e.g. the pope preaching from his golden throne in Vatican city for us to give our wealth to the poor.  Or telling us to accept more immigrants from Vatican city with the strictest immigration policy in the world.

Always do as I say not as I do, fucking hypocrites the lot of them!

Gold jewellery is not the best way to invest in gold as premiums are very high.

You are much better off buying gold bullion bars/coins as close to spot as possible.

..until you try and cash out, your bank flags you for suspicious activity and then you have to explain to the authorities where all the money came from

Welsh?

More like yet another sick immigrant causing problems.

1) there are several cases of people having the bitcoin stolen even with 2fa enabled (try searching the forum)

2) prices are not guaranteed to rise - bitcoin is still very much a high risk investment

Most people on this forum have no concept of :

1) Market caps
2) How gold is actually performing
3) How easy it is to buy/sell gold
4) Its not a good idea to have all your wealth in bitcoin
5) The people that run the world buy gold for a reason

Another exchange hacked yet again and down bitcoin price goes.  People keep harping on that digital is more secure than physical, is there an exchange that hasnt been hacked?

 

No I don't.

Are you claiming the German protests are fake?

It begins :

http://www.lionheartnews.com/2016/07/monumental-this-country-declairs-they-will-build-wall-and-never-accept-a-single-muslim/

Germans wanting to get shot of Merkel:
http://www.lionheartnews.com/2016/07/watch-merkel-must-go-germans-turn-against-chancellor-as-thousands-protest-at-open-door-policy/

I think the UK could effectively close its borders if it chose too.

The advantage of being an island.

I dont agree with far right politics but you cant deny that they are gathering significantly more support in France, Hungary etc.

This is the symptom of failed multiculturism forced upon the people in unsustainable numbers and not that suddenly everyone just woke up one morning and became racist.

Its not really their politics, culture and society that is the problem is it?

The immigrants causing the issues in Sweden are just the same as those travelling to Germany and the rest of the EU are they not?

The people of the EU have had enough and it its really not hard to spot the uprising beginning.

The far right are gathering more support by the day and the end result will not be pretty.

After South Africa, Sweden has the 2nd highest rate of rape in the world, I wonder why?

2. Sweden

Countries For Rape Crimes Sweden
Sweden now has the second highest number of rapes in the world, after South Africa, which at 53.2 per 100,000. Statistics now suggest that 1 out of every 4 Swedish women comes out to be the victim of rape. If you look at the number of rapes, however, the increase is even worse. In 1975, there were only 421 rapes reported to the police – in 2014, it was 6,620. That is an increase of 1,472%. It would seem Sweden is a much more dangerous place for women in the world.

Sweden has the highest rate of rape in Europe. In 2013, according to the Swedish National Council for Crime Prevention (Brå), there were 63 rape cases per 100,000 population reported to the Swedish police.

According to rape crisis advocates in Sweden, 1 out of 3 Swedish women have been sexually assaulted by the time they leave their teens. During the first half of 2013, more than 1,000 Swedish women reported being raped by Muslim immigrants in the Stockholm; over 300 of those were under the age of 15.

Your welcome to keep them too, just dont come looking to the UK and the rest of the EU for a hand out to pay for them

€50 billion cost by 2017 lol  

http://www.telegraph.co.uk/news/worldnews/europe/germany/12135244/Migrant-crisis-to-cost-Germany-50-billion-by-2017.html

Thank god for Brexit.

p.s. the link to your "crime" stats state "Worries" i.e. not actual crimes

300 cases of sexual violence, I wonder if that is a true reflection considering the German authorities tried to cover a lot of it up as it didnt fit the political narative?

http://www.independent.co.uk/news/world/europe/cologne-police-ordered-to-remove-word-rape-from-reports-into-new-year-s-eve-sexual-assaults-a6972471.html

http://www.spectator.co.uk/2016/01/its-not-only-germany-that-covers-up-mass-sex-attacks-by-migrant-men-swedens-record-is-shameful/

http://www.telegraph.co.uk/news/worldnews/europe/germany/12085182/Cover-up-over-Cologne-sex-assaults-blamed-on-migration-sensitivities.html


Migrants linked to 69,000 would-be or actual crimes in Germany in first three months of 2016
http://www.reuters.com/article/us-europe-migrants-germany-crime-idUSKCN0YT28V

The report showed that 29.2 percent of the crimes migrants committed or tried to commit in the first quarter were thefts, 28.3 percent were property or forgery offences and 23 percent offences such as bodily harm, robbery and unlawful detention.

Drug-related offences accounted for 6.6 percent and sex crimes accounted for 1.1 percent.

They need to seperate the wheat from the chaff.

Any immigrants caught committing a crime should be instantly deported with no questions asked leaving the honest ones to remain.

@ m0gliE,

So the rape epidemic linked to muslim immigrants is purely down to the fact that need more cash in the bank lol.

I would say its more of a cultural problem where women are viewed as second class citizens in their home country and they bring the problem with them.

There is always a % of an indiginous population of any country that are poor yet they dont run around in large gangs mass raping multiple women like packs of animals.

I wonder if you would remain as enlightened if your mother, wife or daughter were on the receiving end of some cultural enrichment.

And what about the massive increase in rapes, complete lack of integration and the host country facing demands by the immigrants to change to suit them e.g. sharia courts, increased pressure on housing, pressure on infra structure such as schools and medical care (NHS)